Remove Iceland Remove Sourcing Remove Transportation Remove Trends
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. Demand changes refer to shifts in customer preferences, market trends, or unexpected spikes in demand. Technological advancements will also continue to shape the future of supply chains.

article thumbnail

Molex Prizes Agility

Logistics Viewpoints

This involves a lot of long-haul transportation.” 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.

Insiders

Sign Up for our Newsletter

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

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).

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. For example, replacing lost ocean transportation capacity can be time-consuming owing to the dynamics of the ocean market.

article thumbnail

Mindmap for Supply Chain Execution 24/7

Supply Chain Movement

Sourcing from far-flung countries such as China is leading to growing uncertainty about the actual supply of purchase orders. Guadeloupe. Guinea-bissau. Heard Island and Mcdonald Islands. Holy See (Vatican City State). Iran, Islamic Republic of. Isle of Man. Kazakhstan. Korea, Democratic People's Republic of.