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Demo Perez and Joe Lynch discuss Panama: the logistics engine of Latin America. Demo is a Founding Partner and Chief Commercial Officer of IPL Group , a Panama based 3PL that helps companies expand their business into the Latin American market by simplifying order fulfillment and regional distribution.
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. The supplychain can handle cost increases more easily than variability. I am worried.
VF Corporation is Building a Highly Automated DC on the West Coast. Anytime you have a chance to talk to an executive vice president in charge of the global supplychain of a nearly $12 billion corporation, you know you will learn some things. Cameron Bailey, EVP of Global SupplyChain at VF Corporation, did not disappoint.
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. The supplychain can handle cost increases more easily than variability. I am worried.
Full-to-bursting warehouses means fewer orders for manufacturers, which translates into lower levels of business activity and, ultimately, weaker growth. The massive pileup is a result of water conservation measures the Panama Canal Authority deployed in late July due to drought.
Massive supplychain disruptions are being experienced around the globe, and the causes are many and complex. Factors affecting the supplychain. When China shut down operations in a bid to contain Covid-19, supplychains ran out of material. How can businesses create the supplychain of the future?
Contrary to general opinion, the causes of the supplychain disruptions currently being experienced worldwide were prevalent long before the Covid-19 pandemic. . The current war in Ukraine will further destabilize the global supplychain. Technology, or a lack of it, also plays a key role.
This blog was co-written by Chirag Modi , Corporate Vice President, Industry Strategy – SupplyChain Execution and 3PL Global Lead, and Jen McQuiston , Product Marketing Director. Under normal operating conditions, the Panama Canal handles 36 to 38 ships per day. How desperate are shippers becoming?
Learn the best practices for supplychain risk management in 2024 from Resilinc, the gold standard for supplychain resiliency. As risk managers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supplychain practices.
Mercedes-Benz incorporates ChatGPT in SupplyChain Mercedes-Benz plans to integrate OpenAI’s ChatGPT technology into its manufacturing processes and vehicles. In its factories, ChatGPT’s voice-based interface will enable employees without programming…
New Panama Canal Options: Running the Numbers with a TMS.Connect by TMC. When the expanded Panama Canal opened this June, a new set of routes became available for shippers and beneficial cargo owners (BCOs). As described in my previous blog post , the enlarged Panama Canal can handle container ships up to 13,000 TEUs in size.
Welcome to Elementum’s SupplyChain Market Report. This monthly newsletter observes one or two important macro trends through the lens of SupplyChain Management. We review how those trends are likely to impact SupplyChain and what leaders can do to adjust. Cash reserves. Demand variability.
A smooth-functioning supplychain is vital to meeting buyer expectations. Despite your best supplychain planning, supplychains get disrupted – sometimes moderately and at other times massively. The supply base, no matter how meticulously put together, depends on numerous external factors.
Supplychains across industries are now more vulnerable to failures than ever before. How can supplychains operate under multiple pressures while still working toward increasingly aggressive goals? Establishing a seamless supplychain is mission-critical for most businesses. They need to respond to it.
The Ferrari Consulting and Research Group through its affiliate the SupplyChain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global SupplyChains Research Advisory publishing later this month.
Opinion Editorial by Wolfgang Lehmacher, Operating Partner at Anchor Group and Mikael Lind, Senior Strategic Research Advisor at Research Institutes of Sweden (RISE) and Professor at Chalmers University of Technology. LogiSYM SupplyChain Magazine – December-January 2023. MORE FROM THIS EDITION.
ports, railroads, roads, information technology); Ease of arranging competitively priced shipments; Competence and quality of logistics services (e.g., ports, railroads, roads, information technology); Ease of arranging competitively priced shipments; Competence and quality of logistics services (e.g., This should put U.S.
The SupplyChain Matters blog provides our latest news capsule edition follow-up relative to updating our readers to prior industry supplychain management developments that we have shared on this blog. Increased automation of fulfillment services is cited as a further reason.
Today, global supplychains have to be incredibly agile to stay competitive, which means that companies have become adept at reconfiguring their supply and distribution networks in response to changing market conditions. First, over the next several years, new shipping options will become available to US companies.
SupplyChain Matters highlights the published November 2023 U.S. What supplychain management and line-of-business teams should take special note of were the stated reasons for November’s significant decline. Logistics Managers Index (LMI) that declined to contractionary level and reflecting rather noteworthy trending.
Walmart Expects OnLine Sales to Soar, Automates Returns. Panama Canal Expansion Seems to be Paying Off. Australian Billionaire Investing Big in US Manufacturing The Marketing World Now Revolves Around Millenials.
The Ferrari Research and Consulting Group thru its affiliated SupplyChain Matters blog, provides a reassessment of our prior prediction related to supplychain ESG strategy and action plans over the next 2-3 years. However, economic and manufacturing recession conditions are now being observed.
However, the subtitle of the report was navigating maritime chokepoints and the topic of chokepoints and supplychain resilience was among the main focuses of the report. The Suez Canal and the Panama Canal are critical, narrow maritime passages that provide shortcuts on lengthy intercontinental maritime journeys.
SupplyChains in VUCA Environments with Jim Tompkins. Jim Tompkins and Joe Lynch talk about SupplyChains in VUCA Environments. Jim Tompkins is an international authority on designing and implementing end-to-end supplychains. Founded by business strategy and supplychain expert Dr. James A.
could design and manufacture the advanced computer chips that power everything from lawnmowers to supercomputers on its own soil, instead of having to outsource production to Asia. Unspun’s Vega machine makes clothes on-demand, eliminating the traditional cut-and-sew process of textile manufacturing altogether. Intel wins $19.5
store operations by 9 percent over the past year, slashing hundreds of millions of dollars of goods from their balance sheets and suggesting space is opening up in their jammed supplychains. Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S.
It can also connect to Ericsson’s own end-to-end 5G network, with the company saying the project marks a “new milestone” in integrating 5G technology into industrial processes. according to Canadian supply-chain consulting firm MWPVL International. 31, according to company filings.
Navigate the top climate change issues set to impact the supplychain in 2024. As temperatures continue to rise, the intersection of climate change and supplychain resilience demands increased attention from businesses worldwide. In April, the Panama Canal Authority will reevaluate water levels.
Lots of supplychain and logistics news this week, so let’s get started… Transplace Introduces Preferred Shipper Checklist. Rockfarm SupplyChain Solutions Announces Acquisition of Global Distribution & Logistics. Kuebix Announces New Name and Disruptive Technology. UPS Delivers Peak Profits.
Specifically, we covered the threats, impacts, and mitigation strategies disrupting supplychains. Enduring Drought Disrupts Panama Canal Navigation The Panama Canal is a vital shipping route that connects the Atlantic and Pacific Oceans. Drought and congestion at the Panama Canal have significantly impacted shippers.
As companies look to restructure their global supplychains in response to the Covid-19 pandemic and other disruptive forces, the Latin America and Caribbean (LAC) region has an opportunity to become the next manufacturing and logistics hub. Mexico is particularly strong in heavy manufacturing industries, notably, automotive.
SupplyChain Matters highlights the occurrence of multi-day disruptions occurring among key U.S. Business media reports had indicated in early May that progress was made on issues related to health benefits and other items including areas of automation, with a labor agreement in view for this month. So, what else is new?
That’s the main reason why supplychain experts insist supplychains must become more agile and resilient. Few, if any, analysts are predicting fair winds and following seas for supplychains this year. SupplyChain Risks Geopolitical Risks. A weak dollar will support U.S.
Over the past few years, the distributions of the pandemic and the Suez and Panama canals have highlighted the shortcomings of the traditional ways of running a supplychain. What’s driving these new supplychain networks? And today, that urgency continues.
The Ferrari Consulting and Research Group through its affiliated SupplyChain Matters blog provides both perspectives and self-rating observations regarding our January 2024 published Research Advisory- 2024 Predictions for Industry Global SupplyChains. Supplychain teams benefitted from such actions.
Retailers and manufacturers are flying more goods around the shipping crisis in the Red Sea , industry experts say, helping boost international airfreight operators after a long period of sagging cargo volumes. Now 27 ships navigate the Panama Canal each day, compared with 39 previously.
In this SupplyChain Matters market education commentary, we make the case that traditional supplychain planning approaches are struggling in todays far more uncertain and ever-changing business environment. Events related to the threat of increased U.S. Thus, simplified definitions are called for.
Understand how the recent Red Sea ship attacks are impacting global supplychains and how to mitigate potential risks. In this blog, we will look at the supplychain and logistics impact of the Red Sea ship attacks and discuss what businesses can do now to preserve supplychain resilience.
Such huge pressure on sales is also dragging the supplychain department(s) towards an ever-higher service level. Mindmap SupplyChain Execution 24/7. Technological advancements such as RFID, GPS and 3D printing are opening up new opportunities. Please fill in the following fields to activate the download button.
A technology revolution is rapidly changing the way we work, providing threats and opportunities along the way. These developments impact Original Equipment Manufacturers, both at strategic level and at operational level within their supplychains. Mindmap High-Tech SupplyChain 4.0. Choose country.
Manufacturers and retailers welcome the ongoing consolidation in the fragmented logistics industry. they want logistics service providers to offer full service on a global scale and are demanding more technological innovation. These mergers and acquisitions are reflected on the SupplyChain Movement 3PL Subway Map Europe.
Manufacturers and retailers welcome the ongoing consolidation in the fragmented logistics industry. they want logistics service providers to offer full service on a global scale and are demanding more technological innovation. These mergers and acquisitions are reflected on the SupplyChain Movement 3PL Subway Map Europe.
Adequate demand planning and accurate inventory investments are key to successful supplychain management in this fast-moving industry. Fashion and luxury goods manufacturers are defining their own seasons, which is making the planning of campaigns more complex. Netherlands Antilles. New Caledonia. New Zealand. Norfolk Island.
Supplychains in Europe are facing a wide variety of changes. To arrive at optimal European supplychains it is crucial to consider shifts in economic growth, currency fluctuations and tax reductions in addition to production and distribution costs. By Martijn Lofvers. Key sales market. Production and distribution.
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