article thumbnail

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

The Logistics & Supply Chain Management Society

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. Despite the destruction and disruption caused by the natural disaster, Toyota had established alternative sourcing options and backup production facilities, enabling it to resume operations swiftly.

article thumbnail

Molex Prizes Agility

Logistics Viewpoints

The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. The data from Infor Nexus also helps the transportation teams do better carrier sourcing. Further, historically Molex had a focused sourcing strategy. That in turn led to a faster go live.

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 Disruptions or Minor Inconveniences?

Logility

Can you anticipate and properly plan for once in a lifetime events like last year’s Icelandic volcano, and the earthquake and subsequent tsunami earlier this year in Japan? How do you plan for the unimaginable? Probably not.

article thumbnail

Supply Chain Disruptions or Minor Inconveniences?

Logility

Can you anticipate and properly plan for once in a lifetime events like last year’s Icelandic volcano, and the earthquake and subsequent tsunami earlier this year in Japan? How do you plan for the unimaginable? Probably not.

article thumbnail

Mass Customisation: What It Is and How Companies Are Using It

Unleashed

Supply chain management for mass customisation manufacturers One thing is consistent in various sources that discuss how to transition to mass customisation: your supply chain has to evolve too. This could increase equipment costs compared to a manufacturer producing generic goods.

article thumbnail

Trends 2023: Technology

Enterra Insights

These increasingly important solutions include renewable sources such as solar power and wind power, sustainable fuels such as hydrogen, long-duration battery systems, and smart grids.” ”[9] In a step towards achieving that goal, they report, “The world’s biggest carbon removal factory recently opened in Iceland.”

article thumbnail

Let’s Embrace New Ways of Working

Supply Chain Shaman

I spoke of my experience during the Icelandic ash issue. I find twitter an accurate source of data. It would have helped the GM pinpoint the ignition issue and Kellogg detect the smelly packaging issue faster. The conversation then spilled over to the use of twitter as a customer service channel.

Iceland 150