How Your Warehouse Can Navigate Costly Global Supply Chain Disruptions

OneSCM

With over 17,000 infections and more than 300 deaths, recent news about the outbreak of the coronavirus in China has grabbed attention from a global audience, including supply chain and logistics managers. Due to the virus, factories and logistics hubs at the epicenter in China’s Wuhan region have shut down and with it, many of the world’s largest intermediate manufactured product exporters are stalled.

Minimizing Supply Chain Disruption Through Analytics: A Brief Guide

Cerasis

Using analytics in the supply chain has the most potential to dramatically reduce costs of supply chain management, as well as minimizing supply chain disruption. Unfortunately, the upfront investment costs for deploying the technology necessary to use analytics can be difficult to justify, so Warehouse Managers need to know a few things about house analytics to enable the minimization of supply chain disruptions. Supply Chai

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How a Collaborative Logistics Platform Mitigates Supply Chain Disruption

Turvo

The value of a collaborative logistics platform implementation is quite clear. Collaborative logistics affords an opportunity for businesses to unlock more resilience and flexibility in their supply chains.

Supply Chain Disruption and Digitization

Enterra Insights

Disruption is generally anathema in supply chain circles. Yet, more and more articles address the topic of digital disruption and see it as an opportunity. The dictionary defines a disruption as “a disturbance or problem that interrupts an event, activity, or process.” Digital disruption is about interrupting business models or entire economic sectors. Supply chain digital disruption and digitization.

Supply Chain Disruption: How Stronger Collaboration Will Have a Big Impact on the Future of Logistics Management

Cerasis

In this blog, Camcode discusses how collaboration provides supply chain disruption to impact the future of logistics management. The supply chain is in the midst of a digital disruption, with new technology and tools promising to add efficiency and enhance accuracy. But for companies that fail to ride the wave of digital supply chain disruption, the results can be catastrophic. Logistics Supply Chain

Coronavirus: lessons for managing supply chain disruptions

I.C.E. Transport

But the epidemic has also caused big problems for supply chains and logistics networks. Whether or not the coronavirus has impacted you, this disaster offers important lessons about how unexpected supply chain disruptions can undermine operations, and how to minimize that risk. The coronavirus outbreak in China is first and foremost a massive human health crisis.

“We Want Our CEO Back!” – A New Supply Chain Disruption

Logistics Viewpoints

Supply chain disruptions are not a new thing. And we’ve certainly seen supply chain disruptions due to employee strikes or walk-outs. ” – A New Supply Chain Disruption appeared first on Logistics Viewpoints: A Blog for Logistics, Supply Chain, and 3PL Executives.

Missing: C-level Engagement to Address Supply Chain Disruption Risk

Talking Logistics

A 2005 study on the impact of supply chain disruptions revealed there is significant damage to a company’s financials and brand when a crisis or stoppage occurs. The report shows, for example, that firms suffering from supply chain disruption experience 33% to 40% lower stock returns compared to their peers. Other stats related to disruption include: 107 % drop in operating income. These can all lead to disruption.

How do the Best-in-Class Respond to Supply Chain Disruptions?

Kinaxis

by Melissa Clow “Chief Supply Chain Officers (CSCO) know that there is no such thing as a perfect plan and disruptions will always occur.”. This is the reality that every member of a supply chain team lives with every day. And while sometimes, a disruption might be small and easily offset, some disruptions are more significant and have a greater impact on the supply chain before they can be resolved.

How to Best Prepare for Current (and Upcoming) Supply Chain Disruptions

CH Robinson Transportfolio

Supply chain planning is no different when it comes to yielding efficient results, especially this year. And with passenger travel not expected to recover until 2024 , proactive solutions are needed to avoid current and upcoming disruptions.

Supply Chain Disruptions: A Survival Guide - SupplyChainOpz

Supply Chain Opz

Supply Chain Disruptions: A Survival Guide. Do you feel supply chain risk management is too complicated to implement? This article will show you how one of the worlds leading companies put a theory into practice and survive many supply chain disruptions. Its OK if you feel overwhelmed by supply chain risk theories because youre not alone. There are so many sophisticated methods to analyze supply chain risks.

How Europe is Coping with Supply Chain Disruption

Jaggaer

Can the complex global supply network survive the COVID-19 pandemic? In the retail sector, supermarkets in many countries have seen their highest weekly sales ever, as consumers stock up on goods that they fear may be in short supply. This in turn could put logistics under pressure at companies like Amazon. That said, the flexibility of the logistics industry has been one of the positives during the COVID-19 crisis. Reshoring does not bring certainty of supply.

How to Use Transportation Technology to Minimize Disruptions

Talking Logistics

Even in normal times, transportation professionals have their hands full dealing with all sorts of exceptions and disruptions. Read more How to Use Transportation Technology to Minimize Disruptions.

97% of supply chains disrupted as a result of COVID-19

EFT

Supply Chain Confidence Index 97% of the 605 supply chain professionals surveyed experienced a supply chain disruption related to COVID-19. Breaking down this disruption further, respondents reported the following as key disruptions: 31% experienced decreased demand for products and services. 26% saw a lack of available supply due to production downtime and shutdowns. According to the How Now?

Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

Your Supply Chain Applications Can’t Handle Disruption

Logistics Viewpoints

The post Your Supply Chain Applications Can’t Handle Disruption appeared first on Logistics Viewpoints. Guest Commentary Logistics Trends supply chain disruption

Podcast: Taking on Amazon and Supply Chain Disruptions

EFT

Jim used his expertise to explain how can companies respond to the Amazon threat, what are the biggest drivers disrupting supply chains today, what are some of the things supply chain execs should have an eye on and how do we bridge the talent gap in the industry. . What are the biggest drivers disrupting today’s supply chains? What should a retail supply chain executive have their eye on?

Supply Chain Disruptions? Everything’s Clearer with the Right TMS Technology

TMC

We’ve all been there—and it’s every logistics professional’s nightmare. It’s like the universe went through a list of common supply chain challenges and thought, “Let’s see what happens if they all take place at the same time.” Gaining visibility into your supply chain. This is the moment you fully realize the importance of visibility in your supply chain. A TMS solution provides the supply chain visibility you need.

Supply Chain Disruptions? Everything’s Clearer with the Right TMS Technology

TMC

We’ve all been there—and it’s every logistics professional’s nightmare. It’s like the universe went through a list of common supply chain challenges and thought, “Let’s see what happens if they all take place at the same time.” Gaining visibility into your supply chain. This is the moment you fully realize the importance of visibility in your supply chain. A TMS solution provides the supply chain visibility you need.

What Does a Modern Day Logistics Provider Look Like?

Cerasis

A modern logistics provider must have the technologies and processes in place to enable faster, more affordable shipping. They must continuously evolve capabilities to meet rising demand, and as explained by Global Response 3PL, they must avoid all forms of supply chain disruption. The post What Does a Modern Day Logistics Provider Look Like? Logistics logistics provider

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More Connected Devices Creating Supply Chain Vulnerabilities

PLS Logistics

Cyber-attacks are an increasing threat in the transportation and logistics industry. Transportation and logistics are integral to the world’s economy, and therefore, a valued target for hackers. Collecting and analyzing big data has become an important supply chain strategy. Supply Chain Disruptions securityAccording to the US Department of Home Security, the threat of cyber-attacks is very real.

Mitigate Logistics Disruptions Due to COVID-19

Transplace

Mitigate Logistics Disruptions Due to COVID-19. By actively monitoring unforeseen events like global pandemics and natural disasters in real-time, Transplace uses our advanced technology to report on supply chain vulnerabilities and disruptions in shipments, allowing shippers to make decisions quickly and efficiently. Our leading-edge Public Tracking Portal and Control Tower offer an intuitive dashboard providing real-time logistic intelligence.

What’s on Your Radar? Planning for Less Disruption in the Wake of Severe Weather and Disasters

Talking Logistics

Ask anyone in supply chain – the past few years have been particularly active for natural disasters and major weather events. Planning for Less Disruption in the Wake of Severe Weather and Disasters. Planning for Less Disruption in the Wake of Severe Weather and Disasters appeared first on Talking Logistics with Adrian Gonzalez.

Economic cost of supply chain disruptions on the increase. Is the logistics industry doing all it can to mitigate disruption?

BluJay Solutions

Like many other logistics industry professionals, I wasn’t surprised to read this week’s headline figures from the 2012 16th Annual Third-Party Logistics Study (published by Capgemini Consulting, in cooperation with Penn State University, Korn/Ferry International, and Panalpina), which reported a 465 per cent increase in economic losses arising from supply chain disruptions from 2009 to 2011. The post Economic cost of supply chain disruptions on the increase.

The Cost of Disaster

Elementum

Hurricane Maria, which knocked out all power supply for 3.4 The damages incurred by the fires in wine country failed to deal a blow across the entire supply chain, with the bulk of the devastation instead concentrated in the destruction of some wineries and several high-value residential and commercial structures. Natural disasters can disrupt an organization's production network, propagating direct and indirect costs to a nation’s economy in the process.

Listen to El Niño: Why Developing a Flexible Supply Chain Matters

Talking Logistics

It’s the latest reminder that weather and other natural events, such as earthquakes, can lead to supply chain disruptions. In light of these risks, developing a flexible supply chain is the best strategy for success, but what does that mean exactly and how can companies get there? What actions should companies take today to minimize or eliminate the impact of future disruptions? How do you measure or assess the flexibility of your supply chain?

Takeaways from the IBM Watson Supply Chain Summit

Talking Logistics

In fact, at one conference this spring, after delivering a keynote presentation that had nothing to do with technology, the very first question I received from the audience was “What do you think about blockchain and its potential in supply chain management?”. Those same questions also come up for AI and machine learning, which is why they took center stage at the IBM Watson Supply Chain Summit last month in Atlanta, GA. IBM Watson Supply Chain Summit.

Japan and Ecuador Earthquakes: Supply Chain Lessons from Past Disasters

Talking Logistics

These earthquakes are also a reminder of how natural disasters can disrupt supply chains. As I wrote following the earthquake and tsunami that devastated Japan in March 2011 , the reality is that there is relatively little companies can do right now to minimize the impact of these disruptions. Doing Nothing on Supply Chain Risk Management. Time to Survive and Nexus Supplier Index: New Measures of Supply Chain Risk Management.

How to Stop Disruption in the Supply Chain From the Coronavirus

Veridian Solutions

With the holidays over and 2020 underway, one of the biggest challenges facing today’s supply chain is the current public health scare and its associated disruption in the supply chain. While on the surface, a medical health crisis doesn’t intuitively link with supply chain execution. However, with China’s place in the global economy, supply chain leaders must not avoid the meaningful and long-lasting impacts of the coronavirus.

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2013 Third-Party Logistics Study

Supply Chain Movement

The success of the third-party logistics industry is evident in the generally high marks given to 3PLs by respondents to a survey as part of the 2013 17th Annual Third Party Logistics Study, which identifies trends and explores how both 3PLs and shippers are using these relationships to improve and enhance their businesses and supply chains. Supply Chain Innovation. Supply Chain Disruption.

Customer Advisory – Hurricane Harvey

CH Robinson Logistics

While the storm is directly impacting south Texas and Louisiana, this supply chain disruption will be felt across North America. We recognize that you likely have many questions about how this weather event may impact your supply chain tomorrow and in the coming months. You can rely on us to provide you up-to-date information about the storm and its impact on supply chains. Current as of 2 p.m. EST on August 28, 2017.

Joseph the Logistician: A Biblical Tale of Our Time

Supply Chain @ MIT

Possibly the most brilliant logistician of the biblical age, Joseph, can teach us a lot about the importance of logistics today. He ascended rapidly from the role of prisoner/superintendent in an Egyptian jail, to Pharaoh’s Chief Logistics Officer with “Prince” in […]. Featured Uncategorized Biblical lessons for logistics Egyptian Pharaoh Genesis how logisticians climb the ladder managing supply chain disruptions MIT CTL Yossi Sheffi

Chinese Factories Recovering but Global Supply Chains Still in Shock

Logistics Bureau

Analysts have now been forced to acknowledge that COVID-19, which has whipped through 170 countries and has been declared a pandemic, threatens supply chain disruptions far beyond sourcing and production in China. Global logistics company Agility, in a situation update , reports the following developments on the ground in China: Work has largely resumed after quarantines were lifted, with production estimated at 60-70 percent of normal.

Mitigating the Impact of the Coronavirus on Supply Chains with Machine Learning and Real-Time Visibility

Supply Chain Nation

Blue Yonder understands the need for data to help our customers plan and respond to the supply chain not only in routine times, but also in times of crisis, such as now with the exponential spread of the Coronavirus (Covid-19). The outbreak has a threefold impact on the global supply chain. The first is increased demand for items needed to combat the virus, such as medical equipment and supplies.

Coronavirus COVID-19 Supply Chain Update

Transplace

Coronavirus COVID-19 Supply Chain Update. With the global spread of the coronavirus (COVID-19), vulnerabilities in supply chains continue to be exposed. As the first tier in many company supply chains, the disruption in China has sent ripples through the worldwide economy. The post Coronavirus COVID-19 Supply Chain Update appeared first on.