Most of the significant events that end up disrupting global supply chains happen without a note of warning and carry the potential to disrupt the best of plans. Although organisations put their best foot forward when planning their supply chain operations, with a wide range of stakeholders involved in the network, overcoming breakdowns remains a…
The rolling out of the Covid-19 vaccine certainly is a glimmer of hope in the fight against the pandemic, but the world is far from celebrations. The next big hurdle facing the world is distributing the vaccine, which relies on a complex supply chain of freezers and temperature-controlled shipping methods called the ‘cold chain.’ Let’s…
A year ago, none of us could have predicted that 2020 and 2021 would push global trade into utter chaos. But what’s even more astonishing is the spirit of resilience shown by supply chains worldwide all through the pandemic. Despite facing the full force of covid-19, the industry refused to get bogged down by the…
The Every Given is sailing again. After being stuck for about six days, the mammoth ship held up about $9 billion in global trade a day and further burdened the already strained supply chains. Owing to the dredgers, tugboats, and rushing king tides, to everyone’s relief, the 20,124-TEU finally refloated after approximately 30,000 cubic meters…
With a faint light in sight at the end of the COVID tunnel, pent-up demand has emerged as a major concern for businesses across industries. Every few weeks, there seems to be a speed bump here or an upswing there for the global supply chains, making it impossible to forecast what’s next. Why the fuss…
Spiralling freight rates have left businesses worldwide scrambling to stay afloat and weather yet another year full of unknowns. Even now, as we have entered 2021, soaring prices are increasingly piling more pressure on the already stretched global supply chains. To better equip ourselves for future disruptions and safeguard against the present market volatility, we…
The recent shipping container shortage that’s left everything from soybeans to smartphones idling in ports threw global trade into chaos. While shippers were scrambling to keep their goods moving, the import/export imbalance pushed ocean rates to eye-watering levels. So, where have all the containers gone? Many remain stranded in inland depots, and hundreds more are…
A common thread that runs across the world’s winning supply chains is their ability to build and manage relationships. By mastering the art of supply chain collaboration, these companies have been driving cost savings and process efficiencies. But what does supply chain collaboration mean, and how does it fit into present-day supply chain management? In…
It’s been a little over one month since the much anticipated Brexit went into full effect, and shippers across the UK and Europe have been experiencing an avalanche of delays and documentation. Businesses in the UK and organisations trading with the region are looking for ways to mitigate risks as the realities of Brexit have…
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