Remove Panama Remove Procurement Remove Shipping Remove Sustainability
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Supplier Cartel Activity and Sustainable Procurement

EcoVadis

Anti-competitive practices remain a peripheral CSR issue for most companies , particularly in the context of sustainable procurement. Moving beyond compliance: Sustainable Procurement. Indeed, suppliers involved in cartel activity should be viewed with skepticism in any partnership or procurement negotiation.

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Red Sea Ocean Transport Disruption Update

Supply Chain Matters

As we have noted in this thread of updates, to a further extent, shipments from Asia eastward that traverse the Panama Canal are an important added backdrop to ocean transport disruption impacts. Further, Japan based shipping line Mitsui OSK Lines indicated a belief that this disruption could extend thru the balance of 2024.

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February 13, 2024 Update

Freightos

Judah Levine February 13, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 11% to $4,859/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,589/FEU.

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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

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. Truck and rail transportation movements across the Mexico and U.S.

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How manufacturers and distributors can mitigate disruption in the global supply chain

SYSPRO Smarter ERP

This situation has been compounded by the fact that Covid-19 essentially exposed what was already an underperforming process thanks to factors such as the US-China trade war, less efficient shipping routes and a huge drive to cut costs by consolidating loads. Shipping challenges.

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

United Kingdom manufacturers additionally pointed to the ongoing Red Sea shipping crisis leading to added supply disruptions. Noted was a sustained rise in production levels and a further drop in backlogs of work. Meanwhile the related S&P Global UK Manufacturing PMI® posted a slight increase, rising to 47.5 in January, and 49.7

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Supply Chain Matters News Capsule Follow-Up September 1 2023

Supply Chain Matters

A new consideration to such shifts is a current development related to ongoing concerns toward increased lowered water levels in the approaches to the Panama Canal. The development is resulting in building multiday backup of ships waiting to traverse the canal.