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. Instead of specific plans, supply chain organizations need to look at increased flexibility and modeling the capabilities of their entire network. Don’t get me wrong.

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. Instead of specific plans, supply chain organizations need to look at increased flexibility and modeling the capabilities of their entire network. Don’t get me wrong.

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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. Tomorrow, I am off to Europe. On Thursday, I am speak on the future of supply chain technologies at an Eyeon conference in Rotterdam. It is the end of the fall speaking conference circuit and I am looking forward to spending time at home over the holidays.

Is Logistics Outsourcing Right for Your Company?

Supply Chain Movement

From local truck transportation to global supply chain management systems, from produce sourcing to consulting based on practical experience to outsourcing, C.H. Iceland. More shippers today appear to be outsourcing some or all of their logistics. How does a company decide that outsourcing logistics is the right choice? This C.H.

Reflective Thinking: Complexity

Logility

Source: Dictionary.com. External factors vary from port closures due to worker strikes to natural disasters such as the recent eruptions of Iceland’s Eyjafjallajökull which have caused several disruptions to supply chains around the globe. com-plex-i-ty [k uh m- plek -si-tee]. noun, the state or quality of being complex; intricacy.

Mindmap High-Tech Supply Chain 4.0

Supply Chain Movement

Iceland. The sourcing department is challenged by increasing compliancy issues. A technology revolution is rapidly changing the way we work, providing threats and opportunities along the way. These developments impact Original Equipment Manufacturers, both at strategic level and at operational level within their supply chains.

Complex costs of transportation

Supply Chain Movement

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). Iceland. 10 questions about Freight Spend Management. There are numerous ways a shipper can reduce freight spend. They can renegotiate contracts, find other carriers, and do a better job of maximizing their truck utilization. But these efforts bring temporary, not permanent, relief.

10 questions about the benefits of S&OP for your organisation

Supply Chain Movement

However, there must be consensus within the organisation about definitions and the right source of information for important reports. Iceland. Management at the helm. Some companies have a well-developed sales & operations planning (S&OP) process as a safeguard for structured decision-making. Those companies take an integral view of supply and demand, including the financial impact of mediumterm risks.

New: Global Trade Map 2016

Supply Chain Movement

The benefits of utilising modern-day FTAs include fewer customs duties, less red tape, access to public tenders, sourcing opportunities, investment opportunities and more transparent business conditions. Iceland. Uncovering and mitigating trade risks in international operations. International trade can entail significantly more risk than straightforward domestic business-to-business transactions.

Reversing globalisation: Near shoring, reshoring or staying put?

EFT

We basically had the same discussions after the Fukushima [nuclear accident], after the Thailand flood, after the volcano in Iceland,” points out Knut Alicke, one of the partners at consulting giant McKinsey & Company, “and it is always the same pattern. It will take a bit of time to be implemented and it will be a combination of increasing stock and near-shoring and double-sourcing.”.

Shipping Prospects Heat Up in the Arctic

Elementum

Further compounding the challenge is the political question of territorial sovereignty; there are currently eight countries claiming territory within the Arctic Circle: the United States, Russia, Canada, Denmark, Norway, Sweden, Finland, and Iceland. China is another major source of trade with skin in the game. Warmer temperatures brought on by climate change are transforming topographies around the world, giving rise to profound consequences.

Shipping Prospects Heat Up in the Arctic

Elementum

Further compounding the challenge is the political question of territorial sovereignty; there are currently eight countries claiming territory within the Arctic Circle: the United States, Russia, Canada, Denmark, Norway, Sweden, Finland, and Iceland. China is another major source of trade with skin in the game. Warmer temperatures brought on by climate change are transforming topographies around the world, giving rise to profound consequences.

This Week in Logistics News (August 28 – September 1, 2017)

Talking Logistics

LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. Iceland Gets On-Demand Drone Deliveries (BloombergTechnology). August is usually a quiet month for supply chain and logistics news, but not this year, especially the past couple of weeks. I’m still catching up from all I missed while I was away on vacation, but I’ve highlighted some of the key news items below, with Tropical Storm Harvey topping the list.