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Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection

Kinaxis

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. A few days ago, the world’s seventh largest container shipping company by volume, Hanjin Shipping, filed for bankruptcy protection. According to sources, Stevedores are demanding advance payment in cash.

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This Week in Logistics News (January 29 – February 4)

Logistics Viewpoints

The company is launching the Student Ambassador Program on March 1 at Mississippi Valley State University, Jackson State University, Fayetteville State University, LeMoyne-Owen College, Lane College, Tennessee State University, Paul Quinn College, and Miles College. days last week, according to the port’s data, up from 1.6 days last January.

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Save The Supply Chain Leader From Groupthink

Supply Chain Shaman

To put this in perspective, if they had no planning system and no planners and just assumed that they would ship based on prior shipments, the forecast would be better, and the inventory levels more accurate. Definition of Form and Function of Inventory: Source Supply Chain Insights. Lack of Accounting for Supply Variability.

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What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

And things have only gotten worse: As of May 8th, the state of Tennessee hit out-of-stocks of 54.7%, with eight metro areas facing shortages of 50% or more. Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. Image source: Sturgis Journal. Image source: FDA .

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The Supply Chain Has Synchronization Problems

Enterra Insights

Every step of the supply chain from sourcing to delivery requires seamless collaboration. 1] Mark Burstein, “ Why Supply Chain Synchronization is Key to a Digital Future ,” Sourcing Journal, 27 June 2018. [2] 7] Of course, it’s not just production that collaboration. Footnotes. [1] Talking Logistics, 22 August 2022. [3] 8] Daniel A.

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Three supply chain lessons for businesses coping with COVID-19

CH Robinson Transportfolio

Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management. This can help further diversify the value chain. Lesson two: Apply risk management principles in advance.

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This Week in Logistics News (April 8 – 14)

Logistics Viewpoints

The chain has also purchased most of its paper-based packaging with fiber from responsibly managed forests and recycled sources. The manufacturer’s private fleet has deployed a fleet of Einride EVs to haul freight between GE Appliances’ inbound warehouses and manufacturing facilities in Kentucky, Georgia, and Tennessee.