Remove Global Remove Hungary Remove Shipping Remove Supply Chain
article thumbnail

Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. We can observe this quite clearly in the growth experienced in countries like Vietnam, India as well as Hungary and Mexico.

article thumbnail

5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain

Logistics Viewpoints

My recent conversations with the supply chain practitioners are dominated by supply chain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Let us dive deeper into how supply chains are getting disrupted. Europe relies on Russia for around 35% of its natural gas.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. Written by Tan Weizhen and published on CNBC 1/24/2021. KEY POINTS. rates are up 145% year over year.

article thumbnail

Want to Succeed at a Large Firm? Become an Entrepreneur

Logistics Viewpoints

Lizet Tymon, the senior supply chain management director at Jabil. Lizet Tymon, the senior supply chain management director at Jabil, has an interesting story to tell about how she advanced from being one of hundreds of managers at Jabil to being a senior director at this Fortune 500 company. Jabil is a big company.

article thumbnail

Aya??n?z? yorgan?n?za göre uzat?n… – Cut your coat…

Supply Chain Movement

Cutting your coat according to your cloth is giving the Turkish textiles industry a strong reputation in the global clothing market. Effective supply chain management has been vital in building a compelling offering – both as a manufacturer for leading international brands and in developing its own brand.

article thumbnail

ERP Sustains Manufacturing during COVID-19

IQMS

The COVID-19 pandemic has pushed manufacturers to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. A case in point is Ventura Manufacturing, an award-winning company that serves a range of markets globally. Keeping Production on Track.

article thumbnail

Blockchain and the Law of Unintended Consequences

Enterra Insights

.” Many analysts are touting blockchain because it holds the potential to solve many challenges currently found in supply chains associated with things like fraud, visibility, and sourcing. Benefits of blockchain technology in the supply chain. “Cargo Volume often defines the cost of shipping freight.