Global supply chain analysts note that recent cyber-attacks on ocean carriers have proven quite disruptive. Denmark’s Maersk Line incurred estimated damages of $300 million due to the global ransomware attack it suffered in 2017.
Before you leave China, be sure you have identified all of the risks of a new location as well as those of leaving your current manufacturing site. Better yet, consider opening a second factory in a new location, without closing the old one, known as “China Plus One…
As outlined in our current website feature, climate change may make the Arctic Ocean a viable alternative sea channel for global supply chain managers. In this exclusive Q&A interview with Hiba Baroud, Vanderbilt University Littlejohn Dean’s Faculty Fellow and assistant…
Spot container freight rates have increased in recent months, driven by shipping companies’ supply discipline, despite a decline in demand at the start of the coronavirus pandemic, Fitch Ratings says.
For those looking to update their supply chain strategy over the next 3-5 years, the world markets are over-served, and global supply chains are going to evolve to the next logical configuration.
The Reshoring Institute recently surveyed nearly 500 Americans across the country and asked if they prefer to buy products that are labeled “Made in USA.” Would they be willing to pay more for these items? Nearly 70% of the respondents said they prefer American-made…
Port of Los Angeles recently teamed with Logistics Victory Los Angeles and CMA CGM Group to donate 75,000 respiratory facemasks to the United Farm Workers of America.
Whether supply managers accept or reject the advice they receive from colleagues during information exchanges can have a significant impact on the cohesion of sourcing teams
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