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The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

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Panama Papers Are A Reminder Of Ethical Risks Lurking In The Supply Chain

EcoVadis

The mind-boggling number of names and companies ensnared in the Panama Papers scandal leaves many people wondering if they might know or work with any of the entities on the list, and whether it means they are doing anything unethical, or breaking any laws. EcoVadis customers may be wondering if any companies on the Panama Papers list (e.g.

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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. In parallel is the assessing of the related restricted ship transit volumes surrounding the Panama Canal because of low water levels.

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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies. Truck and rail transportation movements across the Mexico and U.S.

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Survey Points to Little Signs of Traditional Peak Period Ocean Container Demand

Supply Chain Matters

Now we have labour disruptions and the Panama Canal drought, which in normal circumstances would lead to an uptick in freight rates as they adsorb effective capacity, but any significant price effect is now highly doubtful in the current market.” This survey was conducted in May among participants in the global freight forwarding community.

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Supply Chain Matters News Capsule Follow-Up

Supply Chain Matters

In the short term, drought-conditions that continue in the waters surrounding the Panama Canal continue to face long waits for traversing, or potential detours. Some carriers who invested prior windfall profits in other non-freight and global logistics related areas may have a buffer in costs and potential offsetting revenues.

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El Niño May Have Your Supply Chain Partying Like It’s 1997

Kinaxis

For example, the Panama Canal has already restricted the size of ships permitted to pass through it due to drought conditions created by El Niño. Special attention should be paid to products that you source from one supplier with no redundancy—and their related revenue streams.