Remove Shipping Remove Sourcing Remove Yemen
article thumbnail

Supply Chain Risk Management in 2024

American Global Logistics

The shipping environment is prone to disruptions. The shipping environment is prone to disruptions, ranging from political conflicts to economic fluctuations and logistical challenges. Political instability and conflicts, exemplified by the ongoing Houthi attacks in Yemen, pose significant risks to supply chains.

article thumbnail

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. And when shipping to volatile countries, it becomes even harder. Once cargo has shipped, there are no “backsies.” By Ali Hasan Raza.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Your Supply Chain to Increase Efficiency and Sustainability

ThroughPut

Sourcing and procurement departments exist to mitigate this issue, but input bottlenecks remain common. Storage and shipping costs can quickly cut into profit margins. Supplier issues can bring production to a halt. Late deliveries, poor part quality, and long lead times can all make critical components unavailable. Ali Hasan R.

article thumbnail

This Week in Logistics News (March 9 – 15)

Logistics Viewpoints

The tolls that ships pay are now around eight times more expensive than normal. Ship operators fear that their crews could be imperiled on the journeys through the Red Sea by missile or drone attacks from a Yemen-based rebel group. One source said that the strategy could be announced Tuesday.

article thumbnail

Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs.

article thumbnail

High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

That means maritime shipping lies at the very heart of the global logistical system. At the time, Ron Widdows , former chairman of the World Shipping Council, reported that piracy was costing “the global shipping industry anywhere from $3.5 Nearly 90 per cent of global trade is carried by sea-going vessels.

article thumbnail

Your Supply Chain to Increase Efficiency and Sustainability

ThroughPut

Sourcing and procurement departments exist to mitigate this issue, but input bottlenecks remain common. Storage and shipping costs can quickly cut into profit margins. Supplier issues can bring production to a halt. Late deliveries, poor part quality, and long lead times can all make critical components unavailable. Ali Hasan R.