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. and Europe have surged 300%, Mark Yeager, chief executive officer of Redwood Logistics, told CNBC.

article thumbnail

Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

Written by logistics leaders who are practitioners in their respective companies, it aims to stimulate thinking on how shippers or BCO’s could view business continuity and risk in the current environment. We can observe this quite clearly in the growth experienced in countries like Vietnam, India as well as Hungary and Mexico.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Logistics Viewpoints

Shift in the centers of gravity of the demand: As of the beginning of April 2022, about four million Ukrainians have left the country for neighboring countries such as Poland, Romania, Slovakia, Hungary and Moldova. The post 5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain appeared first on Logistics Viewpoints.

article thumbnail

One belt, one road, and one very blurry supply chain benefit

DELMIA Quintiq

There was just not enough products being shipped back and forth. Would a multi-user logistics center qualify? Inevitably, capital improvements to the existing facilities will help, but they will not change the game for logistics planning. Even ancient caravans could not operate fully one way and empty the other.

Sri Lanka 120
article thumbnail

ERP Sustains Manufacturing during COVID-19

IQMS

Headquartered in Zeeland, Michigan, it has multiple local plants, as well as facilities in China, Hungary, and Mexico. Throughout COVID-19, Eldon James customer service, operations, and logistics are continuing without disruption. Having an immediate view helps Mar-Bal excel at being responsive and helpful to its customers.

article thumbnail

Want to Succeed at a Large Firm? Become an Entrepreneur

Logistics Viewpoints

Those sites are primarily located in China, Hungary, Malaysia, Mexico, Singapore, and the United States. Following production, Jabil shipped the final products directly to their customer’s retail customers. Become an Entrepreneur appeared first on Logistics Viewpoints. They are sourcing from over 27,000 suppliers.

article thumbnail

Blockchain and the Law of Unintended Consequences

Enterra Insights

“Cargo Volume often defines the cost of shipping freight. By using IoT sensors in trucks and other shipping vehicles, shippers and transportation companies can detect the amount of space taken up in a shipment and determine cost accordingly, transmitting all of this information to the blockchain. Increased Efficiency. ”[4].