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Innovative Approaches to Supply Chain Risk

Kinaxis

This scenario played out for thousands of companies after the Japan earthquake, the Thailand floods and numerous other smaller scale disasters. Efficiency programs like lean drove us to reduce suppliers and cut inventory. Your heart sinks as you pick up the phone to call your boss…. Think this is a pretty unlikely scenario?

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Your supply chain is costing you money – Reason #5 Not having a supply chain risk management process

Kinaxis

We saw this type of issue over the past several years with the Japan earthquake / Tsunami in and with the Thailand floods. If your demand decreases, you have excess inventory or idle capacity. Mitigating Risk – inventory tracking and dual sourcing are considered to be the most effective risk mitigation strategies.

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Japan and Ecuador Earthquakes: Supply Chain Lessons from Past Disasters

Talking Logistics

The recent earthquakes in Japan and Ecuador are a sad reminder of how deadly natural disasters can be. As of this morning, 41 people are confirmed dead in Kumamoto prefecture, the epicenter of Japan’s earthquakes, and 272 people have died in Ecuador , with thousands more injured and displaced from their homes.

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Your supply chain is costing you money – Reason #7 Making decisions based on bad data (supply chain data accuracy)

Kinaxis

Reason #6 Not effectively managing inventory. Having wasted time going to that store, I’d be less inclined to use that store in the future – at least I’d be much less likely to trust their website’s inventory. If the planned lead-time is longer than actual, you get excess inventories. On Hand Inventory quantity/status.

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This Week in Logistics News (February 26 – March 4)

Logistics Viewpoints

Toyota Motor will restart domestic production after a cyberattack on a supplier ground the automaking giant’s factories to a one-day halt, sparking concerns about vulnerability in Japan Inc’s supply chain. The pace of inventory accumulation reported by the Commerce Department on Monday was, however, slower than in recent months.

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This Week in Logistics News (August 6 – 12)

Logistics Viewpoints

Japan farm exports in 2022 1st half hit record high as more dine out. The value of Japan’s agricultural and seafood exports in the first six months of 2022 expanded 13.1 And now on to this week’s logistics news. UPS continues investments in lucrative healthcare arm. FedEx sets earlier start date for peak delivery surcharges.

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It’s Time to Connect Manufacturers and Suppliers within the Value Network

DELMIA Quintiq

hoku earthquake and tsunami significantly affected many industries, even those with production plants outside Japan. It is important to share forecasts, production schedules, inventory, transportation plans and other vital information. Upheavals in one country can heavily impact manufacturers worldwide, too. For example, the 2011 T?hoku