“World Cup mania” has gained momentum in Mexico, but the hidden story for the nation may really be its resurgence as trade powerhouse, says A.P. Moller-Maersk.
For many global logistics managers, the ocean cargo container shipping industry appears to move from one crisis to another without address fundamental supply and demand business practices. Further evidence of this surfaced in recent weeks when the world’s leading vessel operators announced the introduction of “emergency” bunker surcharges in response to rising fuel costs.
With a 1.1-cent increase, the average price per gallon is now $3.288 per gallon, coming in ahead of last week’s $3.239 average, which was the highest weekly average since the week of December 29, 2014, when the weekly average came in at $3.213.
With a combination of compelling traits, some places are particularly well suited to supply chain operations. Here are 8 characteristics that define a logistics hot spot.
Wood or plastic? Lease or purchase? Whatever your operations need, there’s a pallet provider ready to supply it.
Even after adding a third production shift to its foundry, Lodge Manufacturing Company couldn’t manufacture enough cast-iron cookware to fill orders. To meet demand, the family-owned business in southern Tennessee invested $85 million in a second foundry, a modern 212,000-square-foot distribution center, and the company’s first warehouse management system, mobe3 from EVS.
SMC³ will discuss the implications of the rising reliance on reverse logistics during our upcoming educational conference, Connections 2018, held June 25-27 at the Greenbrier in West Virginia.
Saddle Creek helped allheart get orders out quickly, control costs, and keep up with demand spikes.
Carriers, shippers and logistic service providers are facing new challenges today. With digitalization, all players in the supply chain will require instant and efficient response time to their questions or concerns.
To find additional capacity, strategic, proactive sourcing methods based on technology specifically created for transportation procurement can uncover hidden carrier capacity by connecting shippers to logistics service providers.