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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.
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.
VF Corporation is Building a Highly Automated DC on the West Coast. 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.
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.
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 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.
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.
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 supplychaintechnology' Essentially, larger boats mean lower prices per container, which means lower prices for the consumer.
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.
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.
Take the example of the crossing of Panama Canal. The other source of congestion is due to pilots and tugboats. Can we safely design sophisticated marine traffic management and automated decision systems that link congestion-fighting data of carriers and port operators to one decision optimization platform?
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. Technological advancements such as RFID, GPS and 3D printing are opening up new opportunities. Please fill in the following fields to activate the download button.
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.
A technology revolution is rapidly changing the way we work, providing threats and opportunities along the way. These developments impact Original Equipment Manufacturers, both at strategic level and at operational level within their supplychains. Mindmap High-Tech SupplyChain 4.0. Choose country. Afghanistan.
James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. In the U.S., In the rail sector, the big issue is capacity. Adam Kahn, Sr.
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.
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. This included the TraPac Terminal expansion, automation infrastructure, and intermodal facility to provide on-dock rails.
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.
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.
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.
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. Increased automation of fulfillment services is cited as a further reason.
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 Netherlands Antilles. New Caledonia.
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.
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.
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.
The Suez’s problems are geopolitical and those in Panama are climate-based, but both are roiling global trade. Cargo volumes through the Suez and Panama canals have plunged by more than a third. One source said that the strategy could be announced Tuesday. Whatever you plan to do this weekend, we wish you a Happy St.
Inevitably, these will interrupt production, increase sourcing costs, and cut into corporate revenue.”[1] It is impossible to anticipate the number of new variables this will throw into orderly supplychain management — other than accepting that particularly intricate supplychains are almost certainly going to start coming apart.”[2]
Understand how the recent Red Sea ship attacks are impacting global supplychains and how to mitigate potential risks. In this blog, we will look at the supplychain and logistics impact of the Red Sea ship attacks and discuss what businesses can do now to preserve supplychain resilience.
I don’t have the time, tools, or knowledge to deal with this parasite, which is the latest ailment my car suffers from (the air conditioner crapped out a couple of years ago and I had to get the exhaust pipe repaired after it broke off on my way to the airport some months ago). And here’s a chart they included in the post: Source: [link].
Source: Adelante SCM based on World Bank LPI data. ports, railroads, roads, information technology); Ease of arranging competitively priced shipments; Competence and quality of logistics services (e.g., Source: World Bank. There is at least one bright spot in Cuba’s logistics infrastructure: it’s deep water ports.
At the same time, street blockades and trucker strikes are exacerbating those desabastecimientos in population centers such as Panama City. They are also disrupting global supplychains. For supplychain managers, the labor actions of greatest concern are in transport and logistics. In the spotlight for U.S.
In reality, appointment and price systems must be used to control capacity for interoceanic canals like the Panama and Suez. In the current global economy, the closure of a maritime chokepoint would have significant economic ramifications due to the disruption of trade flows and even some supplychains (e.g.
The SupplyChain Matters blog provides our readers with a further update on the ongoing Red Sea shipping disruption including added context and implications. Background Just before the Christmas 2023 holiday, SupplyChain Matters alerted our readers to rather troubling signs for another global-wide shipping disruption.
SupplyChain Matters highlights the occurrence of multi-day disruptions occurring among key U.S. Business media reports had indicated in early May that progress was made on issues related to health benefits and other items including areas of automation, with a labor agreement in view for this month. So, what else is new?
Climate change is affecting another crucial waterway, the Panama Canal. Journalist Andrew Freedman explains, “Geopolitical risks in the Red Sea and extreme weather in Central America are converging, jostling global supplychains fed by the Suez and Panama Canals.”[3] Even so, global supplychains have been impacted.
That’s the main reason why supplychain experts insist supplychains must become more agile and resilient. Few, if any, analysts are predicting fair winds and following seas for supplychains this year. SupplyChain Risks Geopolitical Risks. How will this impact supplychains?
Global supplychains are facing fresh disruptions as trade tensions escalate, digital innovation transforms logistics, and energy partnerships reshape infrastructure. These moves threaten to disrupt supplychains, increase costs for businesses and consumers, and fuel market volatility. Beijing is targeting U.S.
In this special edition of our SupplyChain Matters This Week in SupplyChain Tech column, we highlight two noteworthy investments. The ports surrounding the Panama Canal has special significance because of the Trump Administrations stated concerns relative to the fees being charged for U.S. All rights reserved.
Globalization and supplychains have been tied at the hip over the course of history. Supplychains naturally take advantage of efficiency and cost advantages and over the centuries, as transportation methods, technology and global knowledge improved, there has been a drive to take advantage of each and every step.
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