Remove Chemicals Remove Shipping Remove Sourcing
article thumbnail

Why Digitalizing Sourcing is a Must for Supply Chain Resilience

Logistics Viewpoints

The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g., Traditional sourcing practices tend to be highly manual and are fraught with latencies and inefficiencies. Digitalizing sourcing (i.e.,

article thumbnail

This Week in Logistics News (July 6 – 12)

Logistics Viewpoints

Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemical industry’s supply chain, according to Al Greenwood, chemicals expert and deputy editor at ICIS. The Houthis are creating significant supply chain disruptions for chemical companies and governments.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Transforming the GCC Chemical Industry with Supply Chain Integration – LogiSYM September 2020

The Logistics & Supply Chain Management Society

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Following COVID-19 the global chemical supply chain market reported a severe decline in output.

Chemicals 113
article thumbnail

Container Lifecycle Management: Gnosis Freight Streamlines International Logistics with Jake Hoffman

The Logistics of Logistics

Jake is the Chief Technical Officer at Gnosis Freight , the freight-tech company that pioneered the world’s first Container Lifecycle Management® Platform, which is a supply chain platform focused on the full lifecycle of shipping containers. Gnosis Freight offers a software platform for managing container shipping.

article thumbnail

Electrofuels Are the Future: The Driving Force to Decarbonizing Heavy Transport

Speaker: Ayesha Choudhury - Senior Vice President, Head of Capital Markets at Infinium

With the first wave of the energy transition, renewable energy sources (such as solar and wind) have begun replacing coal power generation. However, some sectors are lagging behind and struggling to decarbonize more than others, including large-scale transportation like commercial aviation, shipping, and rail transit.

article thumbnail

When The Chickens Come Home To Roost

Supply Chain Shaman

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Inventories in the chemical industry are at record lows: a forerunner of bad days ahead.

article thumbnail

5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain

Logistics Viewpoints

This kind of disruption causes major dislocation in the sources of demand and shifts the centers of gravity for demand, forcing organizations to rethink their supply chain design. Increased shipping lead time: More than 6,000 miles of railroad runs through Russia and connects Eastern China with Western Europe.