Remove Inventory Remove Puerto Rico Remove Sourcing
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7 Steps to Weatherproof Your Supply Chain for Extreme Weather

Resilinc

Take this example: when category 5 Hurricane Maria was approaching Puerto Rico in 2017, suppliers and critical FDA-regulated materials were threatened. With this visibility, our customers initiated a dual-sourcing effort to secure supplies ahead of time. Plan to hold extra inventory at other sites.

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Blockchain & Supply Chain Visibility: Will Blockchain Finally Eliminate Supply Chain Black Swans?

GlobalTranz

Supply chains struggled for months to return to operation, and in some areas, such as Port Aransas and Puerto Rico, recovery from the disastrous season is still on-going, eight-months after landfall, reports the Statesman. Creating a centralized source of information necessary to mitigate losses.

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Biden Releases 1M Barrels/Day From Strategic Reserve, Shippers Hope for Results

Intelligent Audit

In response to continued rising fuel prices, both FedEx and UPS have implemented higher fuel surcharges as follows, effective April 4, 2022: FedEx Express and FedEx Ground Surcharges rose to 21.75% for Domestic and US to Puerto Rico. A thorough inventory of costs separated into their categories provides accessible, accurate data.

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Hurricane Harvey & Irma's Threat on the Product Economy

Elementum

In Puerto Rico, more than a million people were left without power and 50,000 without water. Price spikes haven’t been seen yet because companies are still burning through existing inventory. Companies may also consider sourcing its supplies from manufacturers located in countries with lowest risk of disasters.

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Supply Chain Best Practices: Preparing for the Worst

Elementum

Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. What alternative plants/factories/sources of supply do they have at their disposal? Unplanned IT or telecommunications outage. Cyberattack and data breach. Loss of talent/skills. Outsourcer failure. Weather event.

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How the Supply Chain Can Thrive in the Face of Natural Disasters

Material Handling & Logistics

In a similar fashion, when Puerto Rico was struck by Hurricane Maria last year, the supply chain of two of the island’s most important industries—pharmaceuticals and medical devices—ground to a complete halt. How then can your business protect itself from the risks of such overwhelming supply chain disruptions?

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Last-Mile Success - Closer and Faster

Cathy Roberson

Collaborating with its crowd-sourced last-mile delivery subsidiary, Shipt, orders are sorted "hyper-locally down to the neighborhood level, providing a fast, efficient, reliable and low-cost delivery option," Mulligan said. In total, the six sortation centers handled 4.5 Costco, for example, acquired Innovel Solutions in 2020.