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Red Sea Ocean Transport Disruption Update

Supply Chain Matters

Further, Japan based shipping line Mitsui OSK Lines indicated a belief that this disruption could extend thru the balance of 2024. Scenario and simulation based planning methods that quantify and weight various short and longer term impacts of global events toward key business metrics.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Wall Street Journal ). Deloitte Global). Wall Street Journal ).

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50 expert tips on supply chain management

6 River Systems

When Toyota pioneered lean production in Japan back in the 1970s, its suppliers facilitated this by being colocated nearby. Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.” ” — Michael Varney and Wil G.

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Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

Meanwhile, it appears that the Trans-pacific Trade Partnership (TPP) will move forward without the United States ; Japan just completed a trade deal with the European Union ; Brexit negotiations remain contentious ; and the World Trade Organization’s role and relevance are being challenged.