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There have been massive supplychain disruptions since the pandemic began. Last October, over 100 ships, including 70 container ships, were waiting at anchor or in drift zones to unload at the twin ports of Los Angeles and LongBeach. Labor shortages have created havoc on end-to-end supplychain operations.
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. The supplychain can handle cost increases more easily than variability. I am worried.
But SHIFEX, the freight forwarder rate index, recently recorded the lowest ocean freight rate between China and the port of LongBeach 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 supplychain issues?
Supplychain 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 supplychain disruptions.
Ships continue to hold in the west coast harbors of LA and LongBeach, and the west coast warehouses are full. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supplychain–takes longer to recover.
Amongst the issues faced by both businesses and consumers in 2021, supplychain shortages – and the resulting challenges – held strong in the headlines throughout the year. Five Lessons Learned Overcoming 2021’s SupplyChain Challenges. Five Lessons Learned Overcoming 2021’s SupplyChain Challenges.
” The storyline starts with a supplychain story of a shortage–semiconductors, rental cars, plastics–and ends with an easy answer. Nothing about the current state of the supplychain is easy. Supplychain leaders have the ability to drive change like never before. And, voila! The reason?
Companies of all sizes have been capturing the value from Global SupplyChain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. However, you may wonder what kind of practices really work.
Over these 10 years+ I have learned a lot about supplychain and logistics through conversations with end users, suppliers, and my colleagues. Department of Transportation (DOT) has added three major West Coast ports to its data-sharing supplychain platform. according to the Walmart Marketplace website.
Defining Global Trade Data, determining which supplychain processes benefit from it, and figuring out how supplychain applications integrate with and use the data aren’t always straightforward. Fifteen years ago, you would have an idea when your container was going to hit LongBeach.
The new issue for the global supplychain comes amid a rise in global demand, with shipments up 13% year-over-year in June. Air freight supply has increased, but only by 3% year-on-year, already causing higher costs for shippers due to the limited capacity. And now on to this week’s logistics news.
Jonathan Gold, NRF’s Vice President for SupplyChain and Customs Policy, explains that many retailers had previously paused their purchases due to significantly high tariffs. ports, including Los Angeles/LongBeach, New York/New Jersey, Houston, and Savannah, among others. Bibliography Source: U.S.-bound
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. 2020 was a tumultuous year for supplychains, and 2021 has certainly followed suit. Today’s article is from FourKites and examines ocean trends for 2021.
Covid-19 has served to highlight just how important supplychain agility is. With these building blocks in place, companies can navigate supplychain disruptions with an agility that they have never had in the past. The Infor Nexus SupplyChain Collaboration Network Solution.
SupplyChain Risk Management Solution from riskmethods. If I was asked to vote for the most interesting solution set that has come to the fore over the last few years, my vote would be for supplychain risk management solutions. This solution has a graphical view of the AGCO supplychain across multiple supplier tiers.
How do I get shipment X out of LongBeach? But the fact of the matter is, industry leaders who want to avoid crashing their business on the shoals need to balance the daily hand-to-hand combat with some serious, long-term planning. Can I stack two more levels of containers on every chassis? Empty grocery store shelves.
Southern California Wildfires and Windstorm Client Alert SupplyChain Risk Alert Severe wildfires and windstorms have impacted Southern California since January 7, 2025. Exiger empowers clients to assess the impact of wildfires on their supplychain through cutting-edge visualization tools that map the geolocations of their suppliers.
The SupplyChain Matters blog provides perspectives relative to despite having a tentative back-to-work wage negotiation, the outstanding issue of port automation provides added concerns for global industry supplychain teams. The key difference reportedly is the overall mix of jobs. If the U.S.
Last week, I was having breakfast with a CEO of a leading software supplychain management company. “Lora, you write about cognitive computing often stating that it will usher in the Third Act of SupplyChain Planning. Today’s supplychain is like the Flintstone era. I don’t get it.
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. The supplychain can handle cost increases more easily than variability. I am worried.
” The storyline starts with a supplychain story of a shortage–semiconductors, rental cars, plastics–and ends with an easy answer. Nothing about the current state of the supplychain is easy. Supplychain leaders have the ability to drive change like never before. And, voila! The reason?
” The storyline starts with a supplychain story of a shortage–semiconductors, rental cars, plastics–and ends with an easy answer. Nothing about the current state of the supplychain is easy. Supplychain leaders have the ability to drive change like never before. And, voila! The reason?
Ships continue to hold in the west coast harbors of LA and LongBeach, and the west coast warehouses are full. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supplychain–takes longer to recover.
Ships continue to hold in the west coast harbors of LA and LongBeach, and the west coast warehouses are full. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supplychain–takes longer to recover.
What do the port of LongBeach, California and the Suez Canal have in common? Water is one obvious answer to that question, but a supplychain professional might say, “recent headline-grabbing sources of supply variability that have disrupted global supply networks.”
Stan Finney , secretary general of the International Union of Geological Sciences and a professor in the department of geological sciences at the California State University at LongBeach, observes, “There’s no doubt that humans have impacted the Earth system dramatically and we’re facing incredible consequences today.
The global supplychain is facing a perfect storm of challenges, and dealing with it, according to GE CEO Larry Culp , “really is akin to playing Whac-A-Mole.” And the current global supplychain disruptions may be sticking around longer than we might think. As one headache is eased, another pops up. In October, the U.S.
One-third of respondents (33%) paused shipments entirely, while 29% are exploring alternative sourcing options outside of affected regions. Interestingly, while rates from China have declined, prices from Taiwan and Vietnam have remained elevatedlikely reflecting importers’ rapid pivot to alternative sourcing markets.
Delays at Ports of LA and LongBeach Getting Severe, with Chassis Issues Continuing to Be Key Source of Problems. Cannot Keep Doing This, Sears Exac Says'
Massive supplychain disruptions are being experienced around the globe, and the causes are many and complex. Factors affecting the supplychain. Many businesses in the US, and elsewhere, were sourcing their componentry from China. How can businesses create the supplychain of the future?
Since the Suez Canal disruption earlier this year, container and port capacity constraints have caused tremendous impacts to many supplychains around the world. In fact, some analysts now believe the worldwide supplychain crisis will persist until at least 2023. While some critical U.S.
Now, moving on to this week’s supplychain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). JDA Unleashes New Levels of SupplyChain Visibility Across its Portfolio with TransVoyant. LongBeach ports emits only water from tailpipe (OCR).
And while this market does not lend itself to a silver-bullet solution, there are things shippers can do to keep their supplychain afloat: Be open to hyper flexibility. We need to build resiliency around supplychain and continue to have options to navigate. Prepare for ultra-prioritization. Final thoughts.
By mid-April, the shipping traffic jam, part of a broader gridlock in supplychains around the world amid disruptions from the coronavirus pandemic, started thinning while record cargo volumes were reported in the U.S. ports of Los Angeles and LongBeach which saw their busiest March on record, handling a combined 898,287 TEU’s.
The sharp ebbs and flows of today’s global supplychain necessitate the need for future-proofing solutions, especially ones that offer risk mitigation capabilities for more reliable business protection. Gravity’s platform delivers capabilities across its three key verticals: Source, Order and Deliver.
The SupplyChain Matters blog provides our latest news capsule format follow-up relative to the updating of prior supplychain management developments we have shared with readers. supplychain congestion during the Covid-19 pandemic has effectively disappeared.” West Coast Container Ship Backup Has Ended.
The Ferrari Consulting and Research Group through its affiliate the SupplyChain Matters blog unveils a summarized overview of our annual prediction themes for industry and global supplychains for the year 2023 and beyond. Current Year 2022.
The ports of Los Angeles and LongBeach are vital to the LA economy, not only because they provide a significant number of jobs in the shipping and logistics industries, but also because they give the city itself a competitive edge with regard to shipping times and transportation costs when it comes to operating a global businesses here.
Labor and management work out deal at Port of LA/LongBeach ( Logistics Management ). Transplace delivered more than 50 customer solutions in 2012 using the CombineNet sourcing technology, in industries including consumer goods, chemicals, manufacturing, and retail.
Transportation Department pushes tough oil train standards – sources (Reuters). With more than 30 cargo ships anchored offshore, countless supplychains scrambling, and the prospect of a $2 billion per day hit on the U.S. Chainalytics Introduces FMIQ Monthly Benchmarking Index.
By now our SupplyChain Matters readers have already viewed headlines of yet another COVID-19 variant induced lockdown of certain manufacturing and port facilities in China. West Coast ports of Los Angeles and LongBeach. Industry supply networks can thus expect the consequences of another round of cascading disruptions.
True Value is investing $150 million in upgrades to its supplychain that will cover a new distribution center in Pennsylvania, ordering software, and more. Macy’s hired its first chief supplychain officer (CSCO) to oversee sourcing, inventory management, distribution, and sustainability.
In this SupplyChain Matters March 23 rd edition of our COVID-19 and Ukraine Conflict News Capsule, we provide updates to ongoing industry supplychain developments and disruptions of concern to our reading audience. West Coast ports of Los Angeles and LongBeach throughout 2021. Canadian and U.S.
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