Ignore Supply Chain Risks… At Your Own Peril!

ivalua

The uncertainty surrounding Brexit aside, other recent events, like growing tensions with China and Iran , are daily reminders that today’s global business ecosystems are precarious. Protecting your business from these disruptions is challenging, because they can originate from so many different sources. Despite the general consensus that risk management is important, recent studies have found that many companies still have a long way to go and a lot of work to do….

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10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

Iran and Spain were highly infected. A natural starting point is the level of single, or sole sourcing, that is put in place. A sole source is a supplier selected because they are uniquely able to provide the materials or components, whether by virtue of intellectual property or other means of going to market with exclusivity. While sole sourcing can provide competitive advantage, and while single sourcing can provide enhanced terms (eg. Subscribe Here!

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The Top 4 Trends That Will Dominate Supply Chain in 2019

Elementum

And with key resources like cobalt in short supply, companies like Tesla and Apple need to be extremely strategic not only in how they source these resources, but in how they monitor their suppliers and report to the public. As sanctions on Iran go into effect and Iranian oil exports decline, global oil prices could rise, putting even more pressure on logistics providers.

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Oil Price Volatility and the Changing Dynamics of Supply Chain Management

Oracle SCM

Today, courtesy of the shale gas revolution in the US, OPEC policies and the re-introduction of Iran to the market, the price stands at around $30 per barrel and all indications are that it will fall further over the course of the year. Today, courtesy of the shale gas revolution in the US, OPEC policies and the re-introduction of Iran to the market, the price stands at around $30 per barrel and all indications are that it will fall further over the course of the year.

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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. Iran, Islamic Republic of. 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.

The need to know

EFT

bln in Hong Kong secondary listing -sources. Germany’s cabinet passed a national hydrogen strategy on Wednesday as part of a wider push to decarbonise Europe’s largest economy, government sources said. sanctions imposed on Iran’s shipping network took effect on Monday, months after they were announced in December following accusations of supporting proliferation of weapons of mass destruction. The need to know from Reuters global network of journalists.

Mindmap High-Tech Supply Chain 4.0

Supply Chain Movement

Iran, Islamic Republic of. 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.

This Week in Logistics News (April 27 – May 1, 2015)

Talking Logistics

US Navy to accompany US-flagged ships in Persian Gulf after Iran seizes vessel (Fox News). My wife and I visited my fourth grade son’s class this morning to see the work they’ve done the past few weeks.

Mindmap for Supply Chain Execution 24/7

Supply Chain Movement

Iran, Islamic Republic of. Sourcing from far-flung countries such as China is leading to growing uncertainty about the actual supply of purchase orders. Customers are becoming more demanding all the time: they increasingly expect personalised offers, available globally and round the clock. Such huge pressure on sales is also dragging the supply chain department(s) towards an ever-higher service level.

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). Iran, Islamic Republic of. 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.

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. Iran, Islamic Republic of. 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.

In Chains: How to Approach Human Trafficking in your Supply Chain

Elementum

Many OEM’s use labor organizations to source laborers because it is cheaper and more efficient; however, by doing so they run the risk of employing forced laborers in the process. Malaysia, North Korea, Papua New Guinea, and Thailand were among the worst countries for human trafficking violations, with Nepal, Indonesia and Iran mentioned as frequent violators as well. Are You Linked to Forced Labor?

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. Iran, Islamic Republic of. Uncovering and mitigating trade risks in international operations. International trade can entail significantly more risk than straightforward domestic business-to-business transactions.

China Exports Rebound Even as Western Markets Face Lockdown

Logistics Bureau

Crew changes on ships arriving from countries where there have been “severe” outbreaks of COVID-19, such as South Korea, Italy, Iran, Japan, France, Spain, Germany, the US, and the United Kingdom, are forbidden at Chinese ports except under strict quarantine conditions. China says almost all of its major industrial companies have resumed production and that its ports are again running at near-full capacity after a two-month Coronavirus-linked shutdown.

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Freight In The Year Of The Monkey

Freightos

On February 15th, 2016, the first freight train from China reached the capital of Iran, shaving 30 days off the standard port-to-port transport time. Which is impeccable timing, as the lifting of Iran’s sanctions may open the door for new trade opportunities. Image Source: Brics-Info.org. Source: Trading Economics. Freight In The Year Of The Monkey.

Flatbed Rates and Ratios at Record Highs

DAT Solutions

Source: DAT RateView. pullout from the Iran nuclear deal could push prices even higher. Auto sales have dipped after hitting their peak in the fall of 2017, but they're still a major source of flatbed demand to transport raw materials and parts, as well as finished goods. Source: Macrotrends. While van and reefers prices have moderated after peaking in early January, flatbed prices and demand have been red-hot for months.

China and the global textile machinery

Exapro Hub

Deliveries to Iran soars by 445% from 11,000 in 2016 to 59,000 in 2017. Source of some data: just-style.com). With a population of over than 1.4 billion, China is one of the largest consumer markets in the world. Every day, thousands of products and clothing purchased are made from its knitted fabrics.

I Will Be Wrong Again: Supply Chain and Logistics Predictions for 2017

Talking Logistics

The answers to those questions and more could significantly impact supply chain strategies, everything from sourcing decisions to network design, which is why my prediction from two years ago — that more companies will start treating Supply Chain Design as a continuous business process — is now a critical necessity. Russia, Iran, North Korea, and ISIS : Call them “The Unpredictables” (you can probably add China to the mix too).

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

Source: Evan, Flikr. “I SophiaTX Open Source Platform to Integrate SAP, Blockchain. And you can’t forget about the other Unpredictables: Iran, Russia, China, and ISIS; all of these entities could have a destabilizing effect on world peace and prosperity. If they actually follow through on their promise and oil prices continue to rise next year, how will transportation, inventory, and sourcing policy decisions change in response?