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Demo Perez and Joe Lynch discuss Panama: the logistics engine of Latin America. Demo is a Founding Partner and Chief Commercial Officer of IPL Group , a Panama based 3PL that helps companies expand their business into the Latin American market by simplifying order fulfillment and regional distribution.
00:51] Tell us about yourself and what you do in Panama. I was born and raised in Panama and manage a 3PL. My main role is to promote the hub that Panama offers to the world. [02:19] 03:52] You’re the General Manager of Logistics Services Panama. Panama is becoming more interesting, and not only for the US. [10:40]
I also laugh when newscasters quip, “Just move west coast ships through the Panama Canal…” With new locks in 2016, the Panama Canal is able to handle vessels with an overall length of 366 m (1201 feet), 49 meters beam (increased by the Canal Authority effective 1 June 2018 to 51.25 Increase in Size of Ocean Carriers.
Those goods flowed through three regional hubs – in Singapore, Panama City, Panama and Stabio, Switzerland – to 49 distribution centers, 24 of which VF operates. VF had committed itself to largely selling goods to consumers in the same region they are manufactured in. BOMs are critical for sourcing and manufacturing.
Full-to-bursting warehouses means fewer orders for manufacturers, which translates into lower levels of business activity and, ultimately, weaker growth. The massive pileup is a result of water conservation measures the Panama Canal Authority deployed in late July due to drought. And now on to this week’s logistics news.
The Panama Canal opened a new lane for larger ships this week, and East Coast ports have been expanding efforts to attract Asian imports that would otherwise arrive on the West Coast. Expansion at the Panama Canal, pictured above, has led to a business boom in South Carolina. Photo by Stan Shebs. ” The rates are also trending up.
Tompkins Ventures is headquartered in Raleigh, NC with partners spanning Africa, Asia, Australia, Brazil, Canada, Central America, China, Germany, Indonesia, Israel, Panama, Mexico, United Arab Emirates, United Kingdom, United States. Reshore and nearshore supply chains and manufacturing to increase resiliency – the anti-brittle supply chain.
A severe drought affecting the Panama Canal is forcing container vessels to lighten their loads and pay higher fees, with further increases in the cost of shipping cargo through the canal expected this summer. Colorado also adopted the rule but will have a heavy duty truck provision begin in 2027. But industry voices have noted concerns.
It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. Now, the EU has decided to phase out the free allowances, and the taxes will depend on where a company manufactures its goods.
“The latest Ocean Shipping Index shows how weather, geopolitical conflict, port congestion and closures, and route diversions due to turmoil in the Red Sea region and drought issues in the Panama Canal are affecting the primary mode of transportation for global trade: ocean shipping.
Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). Net/Net: The Panama Canal cannot handle the largest ships, and moving a vessel through the Panama canal increases the cost of a container by approximately $8,000. So what you might say?
Over the past few years, the distributions of the pandemic and the Suez and Panama canals have highlighted the shortcomings of the traditional ways of running a supply chain. Supply chain leaders focused on manufacturing operations strategy can use this research to extend capacity planning to the full network.
There’s no doubt that the pandemic, with its harsh lockdowns and impact on economies worldwide, has played a dramatic role in the supply chain disruptions being experienced by manufacturers. This is to avoid more costly routes such as the Panama Canal or taking the long haul around the tip of Africa or South America.
Many sectors are affected by droughts, including agriculture, energy, water, utilities, and manufacturing. Water shortages burdened Panama Canal shippers with extraordinary delays and cost increases, serving as a reminder to greater consider changing climate and weather patterns in supplier contracting and logistics planning.
New Panama Canal Options: Running the Numbers with a TMS.Connect by TMC. When the expanded Panama Canal opened this June, a new set of routes became available for shippers and beneficial cargo owners (BCOs). As described in my previous blog post , the enlarged Panama Canal can handle container ships up to 13,000 TEUs in size.
Drought conditions at the Panama Canal are not a good match for its high water demands; it takes at least 50 million gallons of water , with some sources citing much more, to move a single ship through the 51-mile waterway. Under normal operating conditions, the Panama Canal handles 36 to 38 ships per day.
The manufacturing sector is in the midst of a period of great change. JDA’s Manufacturing Pulse report examining consumer industries has revealed that in the last 12 months, more than two-fifths (42%) of European adults have bought goods directly from a manufacturer. Manufacturing Pulse Report 2016. Choose country.
That stated, in certain regions such as across Europe and China , the year continues to present economic and manufacturing challenges. Global wide manufacturing activity levels as measured by the J.P. Morgan Manufacturing PMI® contracted once again at the end of Q3. In the specific case of Germany , it is both.
The Panama Canal expands in 2016, allowing for more and larger (post-Panamax) ships to make the passage from East Asia to the United States. Our paper looked at the question of how much traffic the expanded Panama Canal would divert to East Coast ports from a number of angles. In 2015, the Boston Consulting Group and C.H.
There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. ERP can help companies cope with Supply Chain.
This disruption affects various industries, including suppliers for global retailers and car manufacturers. Kia, in particular, faces vulnerability to delays, affecting its just-in-time manufacturing model. Containerized rates have quadrupled, and delivery times have increased by two weeks. Whirlpool Corporation, a major U.S.-based
The partnership will begin with a review of Panama’s current semiconductor manufacturing capabilities, regulatory framework, and workforce and infrastructure needs.
Global Production Activity Rise Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® began 2024 with output levels rising for the first time in eight months. Global manufacturing employment levels fell for the fifth straight month. Manufacturing , there were mixed consensus.
The goal is to be able to trace individual parts to the exact site where they are manufactured. Part-site” mapping adds the most value because it enables manufacturers and companies to know exactly what parts and materials may be delayed by an event affecting a specific site.
The Panama papers were still hogging the headlines and competing hard against dissections of mishaps in the private lives of British politicians. This irrational behavior continues in light of a 3-year effort by the Chinese government to telegraph in no uncertain terms the switch from an economy based on manufacturing to services.
The widening of the Panama Canal to enable larger ships to pass through the trade artery will generate this traffic. As the demand for PPE has soared manufacturing capacity has become constrained, and some distributors are citing supply concerns. Manufacturers have responded to these efforts by stepping up the production of PPE.
While the worst of the pandemic appears to be behind us, COVID-19's impact on manufacturing supply chains continues to reverberate the landscape. Worse, new waves of infection in China show manufacturers may not be out of the woods yet. Consequently, supply chains today are struggling to cope with sales growth.
Panama Canal expansion to be complete by end of June ( Reuters ). Improved workflows to enable collaborative New Product & Technology Introduction and automated manufacturing instructions to outsourced manufacturing operations. Manhattan Associates Reports Record Fourth Quarter and Full Year 2015 Performance.
The next step of the ZEV declaration integrates workstreams of the United Nations Framework Convention on Climate Change (UNFCCC) High Level Action Champions (HLAC) with Automotive Manufacturers and The Climate Group’s EV100 to avoid duplication of effort and to pool resources.
Panama Canel Running Dry. US Manufacturing Down Yet again. Litttle Known Carrier Makes Offer to Buy Yellow Freight Assets. Amazon more Services than Product
Many sectors are affected by droughts, including agriculture, energy, water, utilities, and manufacturing. Currently, the Panama Canal, one of the world’s most important waterways, faces one of the driest years in over 140 years. Learn more in our Special Report: How Industries are Adapting to the Panama Canal Drought.
Ongoing Panama Canal Disruption Report authors made specific mention of the ongoing Panama Canal disruption brought about by declining water basin levels brought about by months of drought. The report indicates that this disruption is having a direct impact on global fuel prices since oil tanker transit continues to experience delays.
In this fast-paced world, where there is also increasing pressure to reduce the carbon footprint, global fashion and luxury goods manufacturers have to redesign their go-to-market strategy to meet demand in a cost-efficient and sustainable way: Plan. Netherlands Antilles. New Caledonia. New Zealand. Norfolk Island. Northern Mariana Islands.
The Netherlands secured first place based on the results from the large-scale survey among logistics decision-makers within manufacturing and retail companies in Germany. Netherlands Antilles. New Caledonia. New Zealand. Norfolk Island. Northern Mariana Islands. Palestinian Territory, Occupied. Papua New Guinea. Philippines. Puerto Rico.
The benefits of the Self-Learning Supply Chain in manufacturing. Learn more about: How data, advanced analytics and optimization technology combine to give your company the adaptability it needs in challenging markets. How pricing can be used as a lever for profit. Using delivery demand shaping to reduce costs and increase revenue.
Because companies are increasingly outsourcing their manufacturing and logistics activities around the world, they are also more exposed to disruptions in the supply chain. Netherlands Antilles. New Caledonia. New Zealand. Norfolk Island. Northern Mariana Islands. Palestinian Territory, Occupied. Papua New Guinea. Philippines. Puerto Rico.
Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® was headlined with back-to-back expansion levels in February. The HSBC India Manufacturing PMI® rose from 56.5 Manufacturing Among the two reported PMI reports relative to U.S.
These ports handle a significant portion of the nation’s containerized cargo, especially for the consumer goods, retail, and manufacturing sectors. The Stakes Are High The US East Coast is home to some of the busiest and most critical ports in the country. Incoming wine and auto parts from Europe are vulnerable.
As 2024 begins, two of the world’s most critical ocean transit corridors, the Suez Canal , and the Panama Canal are facing threats of shipping disruption as global geopolitical tensions and terrorist threats escalate. Manufacturing and Supply Chain Activity Levels- Global-wide manufacturing levels as depicted in the J.P.
Mercedes-Benz incorporates ChatGPT in Supply Chain Mercedes-Benz plans to integrate OpenAI’s ChatGPT technology into its manufacturing processes and vehicles. In its factories, ChatGPT’s voice-based interface will enable employees without programming…
Panama Canal Expansion Seems to be Paying Off. Australian Billionaire Investing Big in US Manufacturing The Marketing World Now Revolves Around Millenials. Walmart Expects OnLine Sales to Soar, Automates Returns.
These include a wider Panama Canal and possibly the construction of a Nicaragua Canal; Mexican port capacity expansions; port capacity expansions on the US East Coast that will reduce the costs of using the Suez Canal; and even the opening up of Arctic sea routes. This post was originally published on the LinkedIn Influencer site.
In addition to being responsible for manufacturing and logistics, a CSCO also has to ensure alignment with internal departments such as Sales and Marketing, and with external partners such as customers and suppliers. Here, a number of leading companies show that it is possible to take a structural and creative approach to talent development.
Industrial manufacturers have noticeably lower representation than other sectors. It also identifies practices that are increasing the engagement with and success of women in supply chain organizations. Key Findings. ■ The percentage of women in leadership positions decreases as the corporate ladder rises. Netherlands Antilles. New Caledonia.
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