Remove Inventory Remove Long Beach Remove Sourcing Remove Supply Chain
article thumbnail

One Type of Inflation is Caused by Supply Chain Issues (And That is a Good Thing)

Logistics Viewpoints

But SHIFEX, the freight forwarder rate index, recently recorded the lowest ocean freight rate between China and the port of Long Beach in 24 months —a rate of $3,500 to move a 40-foot container. inflation rate will go down by itself, because the cause is mostly caused by supply chain issues?

article thumbnail

2021 Supply Chain Challenges: The Top 5 Lessons Learned + Tips from 11 Industry Experts

ToolsGroup

Amongst the issues faced by both businesses and consumers in 2021, supply chain shortages – and the resulting challenges – held strong in the headlines throughout the year. Five Lessons Learned Overcoming 2021’s Supply Chain Challenges. Five Lessons Learned Overcoming 2021’s Supply Chain Challenges.

Insiders

Sign Up for our Newsletter

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

article thumbnail

“Why Do I have to Wait?” Supply Chain Disruption Gets Its Day

Logistics Viewpoints

Supply chain is once again front-page news in the general business media. Meanwhile, supply shortages and price inflation are getting the front page in consumer-focused publications and plenty of airtime on televised news. I believe there are many reasons for the current supply shortages and supply chain disruptions.

article thumbnail

What’s going on with global supply chains: A primer for the casual consumer

Freightos

MarineTraffic map of container ships waiting for a spot at the ports of LA/Long Beach, Jan. So when a COVID outbreak hit the port of Yantian – which services factories in the Shenzhen area and handles about 13 million TEU (20’ containers) a year – supply chains were already teetering. But then it got worse. .

Global 397
article thumbnail

You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

I seethed as the news stations celebrated supply chain success for the December holidays. The health of the supply chain underpins our economy. When the supply chain is sick, all industries suffer. The supply chain can handle cost increases more easily than variability. I am worried.

article thumbnail

When We Don’t Have Answers, We Need to Work Quickly To Build Them

Supply Chain Shaman

” The storyline starts with a supply chain story of a shortage–semiconductors, rental cars, plastics–and ends with an easy answer. Nothing about the current state of the supply chain is easy. Supply chain leaders have the ability to drive change like never before. And, voila!

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Will the supply chain ever catch a break? With every link of the supply chain impacting businesses both large and small, keeping up with the globally disrupted supply chain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged Supply Chain.