China’s zero tolerance approach to Covid has idled Toyota Motor Corp. and Volkswagen AG factories the past week, a troubling sign for global carmakers as the omicron variant begins to spread in the world’s biggest auto production hub. The two top-selling carmakers’ factories in Tianjin, 108 kilometers (67 miles) southeast of Beijing, have been halted… Continue reading Top Carmaker Shutdowns Hint More to Come in Covid-Zero China
John Felix, managing director of White Oak Global Advisors, lays out the financing options that middle-market companies can deploy to reduce the stress on their supply chains and cash position. Middle-market companies have had “one heck of a ride over the last 18 to 24 months,” Felix says, citing multiple supply chain disruptions caused by… Continue reading Watch: How Creative Financing Can Ease Supply Chain Strains
Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming profits for global cargo carriers — and leaving smaller companies and their customers from Spain to Sri Lanka paying more for just about everything. The spot rate for a 40-foot container to the U.S. from Asia topped $20,000… Continue reading Supply Chain Crisis Helped Shipping Companies Reap $150 Billion in 2021
The last 20 months have pushed many logistics and supply chain operations to the brink, ushering in capacity, pricing, inventory, fulfillment, labor and global trade challenges that many have never seen before—and may never see again.
The connection between sustainability and resiliency isn’t new, it simply has become more prominent as industry leaders seek to shore up weaknesses along the supply chain.
This report provides a platform to observe how supply chain sustainability changes over time and how supply chain professionals react to these changes, it does not take a stance on whether industries are doing enough, or too much, or on what they should, or shouldn’t do; it is simply a gauge of the direction of… Continue reading State of Supply Chain Sustainability 2021
Sustainable procurement is not something that should be done after processes to run your supply chain efficiently are in place, rather, these practices are integral to managing a supply chain effectively and should now be essential practices of supply chain management.
New rules requiring truckers to show proof of vaccination when crossing the Canada-U.S. border are cutting into shipping capacity and boosting the cost of hauling everything from broccoli to tomatoes. The cost of transporting produce out of California and Arizona to Canada jumped 25% last week as fewer trucks are available to cross the border,… Continue reading Trucker Vaccine Rule Is Making Freight and Fruit Pricier
Jimmy Dixon, principal with Oliver Wight Americas, says top executives are shifting from short-term survival considerations to longer-term strategizing, and in the process are creating stronger organizations for the future. Companies are continuing to struggle with the short-term impacts of the COVID-19 pandemic, including labor acquisition and retention, access to materials, transportation constraints, higher costs… Continue reading Watch: How Are Businesses Coming Out of the Pandemic?
Forget the global supply chain snarls for a moment and consider another changing reality with inventory: the increasingly intricate flow of goods and inventory transactions involved inside today’s fulfillment centers. While warehouse management system (WMS) software solutions have long been responsible for inventory control in DCs, the complexity of inventory flows and inventory visibility in… Continue reading Inventory Management in an Automated World