Remove Analysis Remove Events Remove Examples Remove Factories
article thumbnail

6 Types of Automation [Benefits, Pros/Cons, Examples]

Conger

Automation is the process of minimizing manual labor using machines Automation includes using various equipment and control systems such as factory processes, machinery, boilers, heat-treating ovens, steering, etc. Examples are industrial robots and multipurpose CNC machines.

article thumbnail

Top Events That Shaped 2021 Supply Chains

Turvo

This year’s increased COVID-19 instances, extreme weather events, and Suez Canal closure increased the difficulties. According to a new analysis , Deloitte expects the semiconductor shortfall to endure until early 2023. Dow, ExxonMobil, and Shell closed down sections of their factories and refineries ahead of the storm.

Events 82
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

article thumbnail

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

Logistics Viewpoints

And the reasons spanned from a global chip shortage, to embargoes, to factory fires, to natural disasters. Buying organizations use this technology to monitor and analyze supplier risk events in real-time. I don’t need to know about Tier 2 events for my market suppliers. Then the risk solution fills in the gaps.

article thumbnail

Decoding Ocean Freight Dynamics: Unveiling 7 Influential Factors in Rate Fluctuations

MTS Logistics

Chinese New Year is a one-week event, but most factories are closed for a month which means the interruption of new orders. We saw a good example of this when the carriers implemented additional fees during Covid at U.S. This is a temporary fee, and it would get removed when the risk is over.

Freight 86
article thumbnail

Preparing Your Supply Chain for Natural Disaster

Trinity Logistics

In this blog, we’ll go over the economic and supply chain impacts that result from these events and how you can best prepare your supply chain. When these natural events happen, numerous businesses find their supply chains shook. Impacts on the economy and supply chains. Severe weather has exponential impacts on our global economy.

article thumbnail

Is Your Supply Chain Ready For Weather Disruptions?

Blue Grace Logistics

These disruptions are like black swan events which no one can forecast or plan for in advance. It can take years to rebuild factories and get them operating at optimum capacity. Each event – even if it is of the same kind – requires a specialized and unique response.