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Increasing concerns over mass supplychain disruptions. Its a rollercoaster for logistics and supplychain leaders operating in global markets. Businesses are facing greater volatility as tariff changes wreak havoc on supplychains, operational costs, and overall profitability. Extreme tariff volatility.
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.
Anytime you have a chance to talk to an executive vice president in charge of the global supplychain of a nearly $12 billion corporation, you know you will learn some things. Cameron Bailey, EVP of Global SupplyChain at VF Corporation, did not disappoint. Achieving Agility with Regional SupplyChains.
It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. Agriculture, oil and gas operations are major sources of methane emissions. And there are a variety of ways in which climate change is affecting supplychains.
A wave of chaos followed that turned the supplychain upside down, forcing it to adapt, transform, and learn at an accelerated pace. 3 long term changes to the supplychain 1. Or the Panama Canal drought, which forced authorities to cancel ship crossings by 36%, costing between $500 million and $700 million.
Those messages have been a source of strength and inspiration for me during my recovery. Read more The post Above the Fold: SupplyChain Logistics News (March 15, 2024) appeared first on Talking Logistics with Adrian Gonzalez. Thank you for thinking of me and reaching out.
Elenjickal noted that over the last 36 months, supplychains have become more complex than ever before. This leads supplychains to continue to operate in silos, rather than in a connected manner. As a result, supplychains continue to be wasteful when looking at time, inefficiencies, and emissions.
The Ferrari Consulting and Research Group through its affiliated SupplyChain Matters blog provides both perspectives and self-rating observations regarding our January 2024 published Research Advisory- 2024 Predictions for Industry Global SupplyChains. Supplychain teams benefitted from such actions.
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.
As I pointed out in the first part of this article, two of the world’s most vital maritime chokepoints — the Suez Canal and the Panama Canal — are experiencing serious challenges. a severe drought, which began last year in Panama, is disrupting canal operations. Unfortunately. ” How bad have things become?
The high stock levels are the result of retailers, wholesalers and manufacturers stockpiling everything from beer to DIY tools, chemicals and clothes as COVID-19 lockdowns snarled supplychains and shut factories. Now, global demand is falling as borrowing costs have risen, so companies have started running down stocks.
What’s happening in the Panama Canal 2023? The Panama Canal, a crucial 50-mile waterway that six percent of all global trade passes through, faced major traffic jams this month due to a historic drought. How long will the Panama Canal drought last? Which countries are impacted by the Panama Canal drought?
Learn the best practices for supplychain risk management in 2024 from Resilinc, the gold standard for supplychain resiliency. As risk managers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supplychain practices.
This blog was co-written by Chirag Modi , Corporate Vice President, Industry Strategy – SupplyChain Execution and 3PL Global Lead, and Jen McQuiston , Product Marketing Director. Under normal operating conditions, the Panama Canal handles 36 to 38 ships per day. How desperate are shippers becoming?
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?
Source: Vox.com. These massive ships are also behind the current project to widen the Panama Canal. SupplyChain Management supplychain management supplychain technology' Essentially, larger boats mean lower prices per container, which means lower prices for the consumer.
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.
When shipping product into a country as large and complex as Brazil, the choice of transportation routes has a critical impact on supplychain costs. A DSS-based model synthesizes information from a wide range of sources and help managers to make decisions. Pictured is the Port of Santos, Brazil. It is a tough challenge.
The SupplyChain Matters blog provides an updated news capsule follow-up relative to supplychain management and industry developments that we have shared previously on this blog. container traffic travels through the Panama Canal every year. This was because of the low water levels in the staging basin area.
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.
If you prefer to find the news yourself, head over to our free roundup of nearly 100 digital logistics and supplychain news sources. The ramifications of the restructuring of China’s economy, freight innovation, re-shoring, widening the Panama Canal, and the new super-size ships are all covered. Prefer the summary?
Facility location decision is a critical issue in strategic supplychain network design. One of the most extensive data source is Commodity Flow Survey data which provides transportation volume by origin/destination/mode of transportation/type of commodities and so on. SupplyChain Case Study: Executives Guide.
The Ferrari Consulting and Research Group through its affiliate the SupplyChain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global SupplyChains Research Advisory publishing later this month.
These developments impact Original Equipment Manufacturers, both at strategic level and at operational level within their supplychains. Together with service provider Arvato, SupplyChain Movement has created a mindmap outlining the route for high-tech supplychains, including road signs indicating potential hazards along the way. >>Please
Welcome to Elementum’s SupplyChain Market Report. This monthly newsletter observes one or two important macro trends through the lens of SupplyChain Management. We review how those trends are likely to impact SupplyChain and what leaders can do to adjust. Cash reserves. Demand variability.
Such huge pressure on sales is also dragging the supplychain department(s) towards an ever-higher service level. Mindmap SupplyChain Execution 24/7. To ensure successful supplychain execution, the company must take these external developments into account: Plan. Choose country. Afghanistan. Åland Islands.
In June 2016, the Panama Canal will double its capacity, and this capacity expansion will undoubtedly reshape the freight flows around the globe, including those transiting through the Port of Los Angeles (click here for a past blog related to this subject). However, the capacity expansion of the Panama Canal may change this shipment pattern.
As a result, many industries, companies, and products have been impacted—threatening global supplychains. Companies like Crocs, IKEA, Walmart, Home Depot, and Amazon are already experiencing delays in product deliveries, impacting their operations and supplychains.
Take the example of the crossing of Panama Canal. The other source of congestion is due to pilots and tugboats. There is too much reliance on empirical experience embedded into simplistic heuristic technique of finding fast solutions at the cost of precision. Complexities in achieving planning precision. People and asset allocation.
Its proximity to the Port of Long Beach creates a maritime cluster that supports flexible supplychains with ready access to 14 major freight hubs across the US. It's a dream Nicaragua has had since they lost to Panama back in the early 1900's. Other ports or routes (Suez Canal, Arctic pole) could become more attractive.
for example, many of the east coast ports have expanded exponentially over the past decade in preparation for the Panama Canal expansion; however, it is unclear whether increased activity in the canal will lead to more business for these ports. This has been a priority of shippers for a long time in order to optimize their supplychains.
Supplychains across industries are now more vulnerable to failures than ever before. How can supplychains operate under multiple pressures while still working toward increasingly aggressive goals? Establishing a seamless supplychain is mission-critical for most businesses. They need to respond to it.
The SupplyChain Matters blog provides our latest news capsule edition follow-up relative to updating our readers to prior industry supplychain management developments that we have shared on this blog. based automakers Ford Motor , General Motors and Stellantis , that the implications would ripple across the industry.
The expansion of Panama has shifted shipments from West Coast to East Coast, but only Norfolk and Baltimore can handle these larger ships – and this will result in longer berths where will the funding be coming from for these port expansions – and it is something that is happening, but we aren’t sure how to handle it.
A smooth-functioning supplychain is vital to meeting buyer expectations. Despite your best supplychain planning, supplychains get disrupted – sometimes moderately and at other times massively. The supply base, no matter how meticulously put together, depends on numerous external factors.
SupplyChain Matters alerts clients and readers to a potential replay of the 2021 disruption in global shipping and cascading supplychain disruption as a result of recent events. The cascading effects of the disruption reverberated among multiple industry supplychains and ocean container shipping schedules.
SupplyChain Matters provides our latest update regarding the Red Sea Transport disruption impacting transport movements to and from European and Asian ports. In parallel is the assessing of the related restricted ship transit volumes surrounding the Panama Canal because of low water levels. All rights reserved.
Robinson help companies simplify their global supplychains. Integrated technology gathers data from all parts of the supplychain and provides full visibility to orders and costs. Robinson supplies a competitive advantage to companies of all sizes. >>Please Is logistics outsourcing right for your company?
The SupplyChain Matters blog highlights a recent technology provider survey indicating that there appears to be little signs of traditional second-half peak period demand for container shipments. Background In a prior SupplyChain Matters commentary published in May , we highlighted that the U.S. All rights reserved.
The Ferrari Research and Consulting Group thru its affiliated SupplyChain Matters blog, provides a reassessment of our prior prediction related to supplychain ESG strategy and action plans over the next 2-3 years. However, economic and manufacturing recession conditions are now being observed.
Walmart Charging Vendors for Inventory, The Panama Canal is Filling Up, Apparel Companies See Africa as Next Source of Low Costs, China Stock Market Tumbling, Impacts to Follow
SupplyChain Movement and software vendor Eyefreight have developed this checklist to provide to pinpoint the key drivers of Freight Spend Management. And freight costs are continuing to rise, pushed upward by factors such as globalized distribution and unpredictable fuel prices. Netherlands Antilles. New Caledonia. New Zealand.
Those companies take an integral view of supply and demand, including the financial impact of mediumterm risks. SupplyChain Media and consultancy firm Involvation have developed this checklist to provide insight into the added value and the potential of your current S&OP process. Anticipate. Netherlands Antilles.
In collaboration with Amber Road, SupplyChain Movement has put together this Global EU Trade Map which provides an overview of current EU trade agreements and an insight into potential trade risks and how to mitigate them. By SupplyChain Movement in collaboration with Amber Road. Netherlands Antilles. New Caledonia.
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