Remove Iceland Remove Inventory Remove Sourcing Remove Transportation
article thumbnail

Molex Prizes Agility

Logistics Viewpoints

This involves a lot of long-haul transportation.” Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. Further, historically Molex had a focused sourcing strategy.

article thumbnail

Resilience and Agility in Supply Chains: Navigating Change in a Dynamic World

The Logistics & Supply Chain Management Society

These changes can be caused by factors such as natural disasters, political unrest, trade disputes, or disruptions in transportation networks. These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Supply Chain Resilience Core Capacities

MIT Supply Chain

For example, the 2010 Eyjafjallajökull volcano eruption in Iceland caused a primary loss of freight transportation capacity, but that loss also robbed many companies of supply capacity. Source: James B. Often, backup inventory and garden-variety expediting measures can ensure that the supply chain maintains continuity.

article thumbnail

Complex costs of transportation

Supply Chain Movement

To anticipate and respond to high customer demand, a modern Transportation Management System (TMS) needs to optimize inventory allocation. By consolidating at the source, several shipments can be combined into one, thereby reducing the number of shipments even before the shipments arrive at the Logistics Service Provider (LSP).