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Top Events That Shaped 2021 Supply Chains

Turvo

Going into 2021, supply networks were already dealing with rising demand, increasing port congestion, and production delays. This year’s increased COVID-19 instances, extreme weather events, and Suez Canal closure increased the difficulties. The post Top Events That Shaped 2021 Supply Chains appeared first on Turvo.

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Freight Procurement is a Different Game

Logistics Viewpoints

That processing event determines when the goods need to be delivered to the next stop. That factory also aims to rapidly process the raw materials into product. It was quickly determined that a procurement event was necessary just to set a baseline. Procurement ran a request for proposal event.

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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

While getting personal protection equipment was difficult, 2021 was an even more challenging time for the supply chain team. But in 2021, “all of a sudden there were just completely random shortages that occurred with no warning.” And the reasons spanned from a global chip shortage, to embargoes, to factory fires, to natural disasters.

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What is Supply Chain Resiliency?

Logistics Viewpoints

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity. Redesign your network.

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This Week in Logistics News (May 28 – June 3)

Logistics Viewpoints

The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. During the peak of port congestion in 2021, as many as 30 ships were waiting to enter an Oakland berth. Unilever offers drone delivery for direct-to-consumer ice cream orders. s CargoNet.

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The Effects of Supply Chain Crises: What to Expect Short and Long Term

MTS Logistics

Shipping industry stakeholders have faced many of these events, and they have changed the shipping industry irrevocably, for good. One event after another pushed the overall supply chain to its limits. The current trend of increased demand is expected to last until the Chinese New Year when most factories will be closed.

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The Pros and Cons of Decoupling, De-risking and Diversification of Supply Chains

MTS Logistics

One of the biggest impacts of decoupling in the supply chain is that it helps minimize the impact of unexpected events. Spreading production across multiple countries or regions can mitigate the risk of production halts due to unexpected events. Country of Origin 2020 2021 2022 2023 (first 9 months) CHINA 9.80 M VIETNAM 1.86