Let's talk Supply Chain Resilience. Business Continuity. Two parts. Complexity. Technology. Build resilience. Reduce Supply Chain risk. Transportation & logistics providers. Suppliers. Products. manufacturers. retailers.
http://ltdmanagement.blogspot.com/2020/08/lets-talk-supply-chain-resilience-think.html
You need an action plan for your post-pandemic Supply Chain Management. Check out my ideas for your plan. manufacturers retailers risk resilience technology
http://ltdmanagement.blogspot.com/2020/08/lets-talk-supply-chain-resilience-think.html
You need an action plan for your post-pandemic Supply Chain Management. Check out my ideas for your plan. manufacturers retailers risk resilience technology
Supply Chain Management people are working hard to deal with CoViD. At the same time, they need to be planning Supply Chain Management after coronavirus. The pandemic has elevated the attention on and importance of SMC. Read my ideas on this. manufacturer retailer https://www.linkedin.com/pulse/post-coronavirus-pandemic-supply-chain-management-what-tom-craig/
Pre-lockdown, I wrote the New Supply Chain Management is Disruptive Innovation. CoViD proved SCM is strategic & critical. You should think about disruptive innovation as you do you post-pandemic Supply Chain plan. Read about the disruptive innovation at:
http://ltdmanagement.blogspot.com/2020/03/the-new-supply-chain-management-is.html
Risk and Resilience. A lesson learned for manufacturers, 3PLs, retailers, transportation & logistics providers
http://ltdmanagement.blogspot.com/2020/05/wake-up-call-retailers-3pls.html
A pandemic Supply Chain Management lesson. Criticality, risk, resilience, & nonlinearity--the Upstream Supply Chain. Blend SCM & Procurement. manufacturers retailers. Read at:
http://ltdmanagement.blogspot.com/2020/05/the-nonlinear-supply-chain-in-linear.html
View my ideas on the Future of Supply Chain Management: Post-Pandemic. Points for your new Supply Chain that will arise from CoViD. Validated, critical. Resilience Risk Chain Of Custody Technology Blockchain Digitization manufacturer retailer
https://www.slideshare.net/nitny/future-of-supply-chain-management-post-pandemic
Future of Supply Chain Management: Post-Pandemic. Hear my views on what you as manufacturer or retailer should consider. Resilience. Risk. Technology. Digitization. Blockchain. Chain Of Custody.
https://www.youtube.com/watch?v=-WQ8PVkKo90&t=4s
E2E Supply Chains are having transport problems--upstream & downstream. Capacity--both actual & controlled. Creating a reverse demand shock with failure to perform--by providers & shippers. What is it doing to end-customers & economic rebound? maritime Last Mile trucking
Cool Chains. E-commerce accelerates. Is this a niche that can weather pushes as to Supply Chain resilience & reshoring? Food/produce? Pharmaceuticals? Chemicals?
For reshoring & resilience, keep this example in mind. A next pandemic cause can hit factory employees near you. And in this case, add the impact of lockdown buying to stress the Supply Chain. Go deeper into your risk reduction design.
https://www.supplychaindive.com/news/Hormel-supply-coronavirus-inventory/584176/
Lots of action around the global movement of a CoViD vaccine. But they are fragments of potential transportation & other logistics components. Need an E2E Supply Chain plan. Define requirements. How to integrate. Drill deep. Finds gaps. Do for each possible vaccine origin. Some thoughts.
What is the future of Supply Chain Management of the future? Think beyond technology.
Is there a point where container line blank sailings become anti-customer, anti-Supply Chain? Given the fluctuating CoViD economic uncertainties. maritime manufacturing retail
With the uncertainty of CoViD & the economy, managing end-to-end Supply Chains is very challenging. Plans keep changing & beyond agile & other buzzwords. Reality sucks time for manufacturers, retailers, suppliers, transportation/#maritime, logistics? procurement inventory
While retailers make customers go to stores to pick up their e-commerce orders, Amazon is working on drone delivery. Can mean faster order delivery doing own service. Not pay outside service. Is resilience. Their competition is doing what?
Is the Supply Chain impact of the global pandemic a black swan (with due recognition to the resilience buzzword) or an acceleration of issues that were unfolding?
Amazon. Some see the logistics/transport threat. What if it is a 3PL threat? As a 3PSCM. Based on its proven E2E Supply Chain performance. More than a rebranding of 3PL. Think of it for potential customers as a pandemic SCM takeaway of its strategic & critical importance.
From grocery to retail to e-commerce, slow down of consumer spending. Unemployment. End of stimulus checks. And more. Impact on E2E Supply Chains & Procurement. And its ripple effect on trucking/transportation, warehousing, & logistics.
What is the future of Supply Chain Management of the future? Think beyond technology.
Great for attention. SCM strategic was set pre-CoViD with e-commerce. CoViD validated it & its criticality. Highlights more visible Supply Chain & transportation. transformations. Needs depth on the strategy, design, & , most important, E2E operations.
Is there a point where container line blank sailings become anti-customer, anti-Supply Chain? Given the fluctuating CoViD economic uncertainties. maritime manufacturing retail
Is this another sign that across, transportation modes, power is shifting from buyer/shipper to seller/carrier?
This warehouse story sounds like one of those--anything is possible when you aren't the one doing the work. Doubly questionable given how much these front line workers kept things going during the lockdown/quarantine. No rest for the weary.
Have container lines taken pursuing highest revenue to a level that invites, even demands, regulatory action? maritime
China. Trade. Reshoring. Supply Chain. Go upstream & go deep. Supply Chains within supply chains. Complex. Nonlinear. Suppliers suppliers. Similar with resilience & risk reduction.With the uncertainty of CoViD & the economy, managing end-to-end Supply Chains is very challenging. Plans keep changing & beyond agile & other buzzwords. Reality sucks time for manufacturers, retailers, suppliers, transportation/#maritime, logistics? procurement inventory
While retailers make customers go to stores to pick up their e-commerce orders, Amazon is working on drone delivery. Can mean faster order delivery doing own service. Not pay outside service. Is resilience. Their competition is doing what?
Is the Supply Chain impact of the global pandemic a black swan (with due recognition to the resilience buzzword) or an acceleration of issues that were unfolding?
Containers lines & container shortage. Prioritizing where the rates are highest--transpacific. So how will European firms manage their Supply Chains? Is who gets equipment also a shipper/BCO vs forwarders matter? What a tangled web....
Amazon. Some see the logistics/transport threat. What if it is a 3PL threat? As a 3PSCM. Based on its proven E2E Supply Chain performance. More than a rebranding of 3PL. Think of it for potential customers as a pandemic SCM takeaway of its strategic & critical importance.
From grocery to retail to e-commerce, slow down of consumer spending. Unemployment. End of stimulus checks. And more. Impact on E2E Supply Chains & Procurement. And its ripple effect on trucking/transportation, warehousing, & logistics.
Cool Chains. E-commerce accelerates. Is this a niche that can weather pushes as to Supply Chain resilience & reshoring? Food/produce? Pharmaceuticals? Chemicals?
For reshoring & resilience, keep this example in mind. A next pandemic cause can hit factory employees near you. And in this case, add the impact of lockdown buying to stress the Supply Chain. Go deeper into your risk reduction design.
In a global pandemic, there are stories of business program. From lean--here--to reshoring. The need is not Monday morning QBing. It is presenting new Supply Chain ways or improvements to prepare for the next pandemic. It is about change & resilience.
https://www.wsj.com/articles/why-arent-there-enough-paper-towels-11598020793?mod=djemlogistics_h
ITC to investigate trade and Supply Chain challenges for CoViD related goods.
https://www.strtrade.com/trade-news-resources/str-trade-report/trade-report/trade-and-supply-chains-for-covid-related-goods-are-focus-of-itc-investigation?mkt_tok=eyJpIjoiT0ROalpEQm
There is the e-commerce surge & its order delivery speed. Backed by DCs designed for online. And there are warehouses built for & on stop and start logistics/Supply Chains. What is the future for these facilities located at ports, logistics parks, & elsewhere?
There is the e-commerce surge & its order delivery speed. Backed by DCs designed for online. And there are warehouses built for & on stop and start logistics/Supply Chains. What is the future for these facilities located at ports, logistics parks, & elsewhere?
China. What does this mean to global trade, Supply Chains, imports, maritime, transportation, logistics?
What percent of e-commerce grocery orders require product substitution of what customer wanted? A not-discussed inventory/out-of-stock issue?
Remember. Supply Chains are about the flow of products, and products are not digital. That is why your supply chain resilience must be about more than technology. Or you can be leaving risks on the table.
From maritime to Last Mile delivery, let's play capacity roulette. Place your wager. Is it me, or is this what seems to be going on with transport & logistics providers during the pandemic economy?
The longer CoViD goes on, the greater the change that is coming to Supply Chains, trucking, logistics, maritime, Air Cargo, transportation, & trade for retailers & manufacturers. For those who fear change....
The longer CoViD continues, the greater will be the change to retailers, manufacturers, & their Supply Chains. How will risk aversion firms handle it?
CoViD validated the criticality & strategic importance of Supply Chain Management operations. Meanwhile SCM planning has been turned upside down.
Interesting. Retail inventory. Reflects lockdown effect & what consumers wanted. What about those inventories that were stopped in transit as businesses closed then? How real now are those pre-CoViD inventory planning models?
https://www.supplychaindive.com/news/coronavirus-reopening-inventories-sales-ratio-volatility/583660/
Besides lay off staff, what are transportation & logistics providers doing to build their resilience? What you do may affect if manufacturers & retailers should risk continue using you.
Interesting. Retail inventory. Reflects lockdown effect & what consumers wanted. What about those inventories that were stopped in transit as businesses closed then? How real now are those pre-CoViD inventory planning models?
https://www.supplychaindive.com/news/coronavirus-reopening-inventories-sales-ratio-volatility/583660/
Besides lay off staff, what are transportation & logistics providers doing to build their resilience? What you do may affect if manufacturers & retailers should risk continue using you.
The cloud. Supply Chain. Resilience. Logistics. Transportation. Visibility. AI. Data. Will it mean switching providers for manufacturers & retailers?
Meanwhile, as container lines cancel sailings, China rail shipments continue surge. maritime and BRI Belt And Road.
Oil Demand Faces Bigger Coronavirus Shock Than Previously Thought. A signal as to further global economic impact across trade, Supply Chains, maritime, logistics, transportation?
CoViD costs. trade. transportation. air. maritime. inland. Move to digitization - customs
From Broadway to how long Google employees work from home to Deutsche Bank forecast, it may be 2021 or 2022 for economic recovery. What is Plan D for retailers, manufacturers, & their Supply Chains?
Take it to global trade, maritime, air cargo, & Supply Chains of retailers & CPG / FMCG manufacturers. export import pandemic
Deutsche Bank does not expect US consumer spending to recover to 2019 levels until beyond 2022. Now domino that retail effect to its supply chains & their transportation, trucking, maritime, airfreight spend for store inventory. And refocus on e-commerce & its different supply chain & logistics & transportation.
Now forecast what it means to retail & the store side of their Supply Chains. Then to CPG / FMCG manufacturers & their Supply Chains. Now roll it up & what it means to trucking, maritime, logistics.
https://www.wsj.com/articles/google-to-keep-employees-home-until-summer-2021-amid-coronavirus-pandemic-11595854201?mod=e2tw
What is happening with retail, manufacturing, & their Supply Chains is the new normal. Uncertainty. Rapid response. Fluidity. Small procurement lots. Throw out the book on the good old days of SCM. Transportation, logistics, maritime, air cargo--get ready. COVID19
Will UPS or FedEx collapse under the volume pressure of CoViD e-commerce surge & growth, then Black Friday likely being more online than in store, & Christmas? Yes? No? Which one, if yes? retail CPGFMCG manufacturer
Can container lines/maritime continue their discipline past CoViD? How will post-pandemic, new normal Supply Chains, procurement, trade, retailers, & manufacturing deal with the service unreliability?
Can container lines/maritime continue their discipline past CoViD? How will post-pandemic, new normal Supply Chains, procurement, trade, retailers, & manufacturing deal with the service unreliability?
Does anyone know what the new normal will be & when it will occur? Uncertainty from CoViD & the economy. Spikes. Waves. And what is means to retailer & manufacturer Supply Chain. Is resilience the real key, or is it the ability of SCM to adapt to constantly changing events?
Am thinking the new normal for retailers & manufacturers will be fluidity. Ongoing change. And what it means to E2E Supply Chains & their resilience.
A sign of CoViD uncertainty by retailers & manufacturers--CPG / FMCG as to using air freight? Buy as needed, not stock up as supply chain inventory? An indicator of a weak Peak Season? procurement
https://theloadstar.com/air-freight-rates-still-rising-the-last-thing-shippers-want-in-this-market/
https://theloadstar.com/air-freight-rates-still-rising-the-last-thing-shippers-want-in-this-market/
Underlying issue for retail, not just toys, is CoViD uncertainty as it makes store rebounding more of a challenge. Have knee jerk reactions in their supply chains & what is happening with transportation rates, especially inbound air cargo & maritime.
https://www.wsj.com/articles/toys-are-selling-but-mattel-and-hasbro-arent-cashing-in-11595869248?mod=djemlogistics_h
With pre-CoViD e-commerce market shares, how & where do 3PL providers fit in? Parcel size orders? White glove? Bulk, large? Last Mile? What percent of the online market do they handle? Big players? Or chasing small pieces?
The longer CoViD continues, any wagers on how robust the future of store retail will be? And its Supply Chain & logistics/ transportation infrastructure?
Risk if recovery being years, not months. What does that scenario do to retailers, manufacturers, and their Supply Chains?
https://www-wsj-com.cdn.ampproject.org/c/s/www.wsj.com/amp/articles/u-s-companies-lose-hope-for-quick-rebound-from-covid-19-11595151000
The longer the pandemic goes, the greater the change I see in a new reality & will run the gamut Supply Chains, container lines, transportation, logistics, retail, manufacturing. This is more of a rebuild than reset & in concert & conflict with less risk & more resilience.
What then do manufacturers do for pandemic Plan B and C? And their E2E Supply Chains?
https://www.industryweek.com/leadership/strategic-planning-execution/article/21137035/ceo-survey-shows-major-attitude-shift
Those retailers who were laggards with e-commerce & the Supply Chain that drives it--have they waited too long to act? Can they do what is required during the pandemic?
And barely half way thru 2020. Pandemic and Retail Carnage deepens. And their E2E Supply Chains.
https://www.wsj.com/articles/retail-carnage-deepens-as-pandemics-impact-exceeds-forecasts-11595410201
How does this fit in with those who want reshoring? How does the US' pandemic play with the reshore approach? Answers here are a serious Supply Chain / procurement issue.
The likelihood of retail & CPG / FMCG manufacturers facing waves of economic pickup then slowdown will mean uncertainty on their E2E Supply Chain operation performance.
Supply Chain Management is about the E2E movement & handling of products/inventory/SKUs. That is what SCM resilience must be built on. manufacturer retailer
To reshore or not to reshore. That is the Supply Chain question. No perfect or simple answer. Even as to resilience and risk.
Building Supply Chain resilience & risk reduction requires knowing your upstream/inbound supply chain with its complexity & supply chains within supply chains. For mapping & more. Not optional. Manufacturers Retailers procurement pandemic
Check it out. Grocery Supply Chain Management. CoViD update. Dual inbound Supply Chains.
http://ltdmanagement.blogspot.com/2020/07/grocery-supply-chain-management-covid.html
Amazon is looking at different technology--Dash Carts--for cashierless check-out for its grocery stores. This Customer Convenience MUST be backed with no Stock Outs. The challenge for all grocers is the dual inventory inbound Supply Chains that CoViD & e-commerce have shown need revised.
https://www.cnbc.com/2020/07/14/amazon-rolls-out-shopping-carts-that-eliminate-checkout-lines.html?__source=sharebar|twitter&par=sharebar
Joe Biden will elevate Supply Chains to national importance and national security level for future crises.
https://www.supplychaindive.com/news/coronavirus-biden-plan-supply-chain-manufacturing/581205/
IMF project greater shrink to global economy. Now move this to manufacturers, retailers, their Supply Chains, trade and transportation & logistics providers. https://www.wsj.com/articles/imf-downgrades-already-glum-economic-outlook-due-to-coronavirus-crisis-11593003601?shareToken=st2aa659b993a84f2fa51aeacf1c8f2e63
https://theloadstar.com/carriers-get-benefit-of-the-doubt-on-charges-of-profiteering-from-the-crisis/ Amazon. Largest retailer on market value vs largest retailers. Dominating e-commerce with logistics & SupplyChain Management. Remember, Bank of America put their delivery service to be worth $230B by 2025. CoViD could make it worth more.
https://www-warehouseautomation-ca.cdn.ampproject.org/c/s/www.warehouseautomation.ca/news-notes-1/2020/7/3/visualizing-the-size-of-amazon-the-worlds-most-valuable-retailer-2bsl5?format=amp
Will cost pressure & Supply Chain / transportation post-pandemic reality make shippers do more DFM--Digital Freight Matching—along with contracts with shortened focus for rebuild & transition? Plus DFM position in digitization & blockchain.
Increased Reshoring may be a change from the pandemic. Tradeoff of product cost vs resilience. Will customers pay higher prices? One of many Supply Chain questions ahead.
Which is the bigger issue--international sourcing or single sourcing for upstream Supply Chains? Speaking of pandemics & post-pandemics. procurement manufacturing retail
World Bank Sees 5.2% Decline in Global Economy. How does it play out in trade, maritime, freight, transportation, logistics, Supply Chains, manufacture, retail?
https://www-wsj-com.cdn.ampproject.org/c/s/www.wsj.com/amp/articles/world-bank-sees-5-2-decline-in-global-economy-in-2020-from-coronavirus-11591631209
Has CoViD shown the operating ruts of Supply Chains, transportation, logistics, 3PLs, ports? How many will take the post-pandemic opportunity to change & improve? Redesign.
Trying to learn e-commerce order delivery & the Supply Chain that drives its success--during a pandemic. It is harder than it seems.
https://www.wsj.com/articles/amazon-struggled-coronavirus-pandemic-smaller-rivals-thrive-market-11591798220?mod=djemlogistics_h
Retailers closing stores because of CoViD AND increased e-commerce. This shift also requires a Supply Chain shift. Store supply chain is different from online one. E-commerce customers are less tolerant of stockouts & failures at Order Delivery velocity.
It was the best of times. It was the worst of times. It seems no one is happy when you read various stories. Those who need ships. Those who use it for floating inventory. Rate battles. Capacity. Maritime NVO forwarder BCO manufacturer retailer https://www.joc.com/maritime-news/container-lines/rolled-trans-pacific-shipments-portend-sporadic-capacity-scarcity_20200608.html?utm_source=linkedin&utm_medium=content&utm_campaign=article Logistics hiring driven by e-commerce. And for the retailers & CPG / FMCG manufacturers who struggle with online sales & the Supply Chain that drives it success, what will you do to catch up?
Retailers closing stores because of CoViD AND increased e-commerce. This shift also requires a Supply Chain shift. Store supply chain is different from online one. E-commerce customers are less tolerant of stockouts & failures at Order Delivery velocity.
It was the best of times. It was the worst of times. It seems no one is happy when you read various stories. Those who need ships. Those who use it for floating inventory. Rate battles. Capacity. Maritime NVO forwarder BCO manufacturer retailer https://www.joc.com/maritime-news/container-lines/rolled-trans-pacific-shipments-portend-sporadic-capacity-scarcity_20200608.html?utm_source=linkedin&utm_medium=content&utm_campaign=article Logistics hiring driven by e-commerce. And for the retailers & CPG / FMCG manufacturers who struggle with online sales & the Supply Chain that drives it success, what will you do to catch up?
It took a pandemic to make needed changes in Supply Chain Management. Some are obvious & should have been done before. Others make SCM what it was meant to be. Many of the holdbacks were because of the C-suite. manufacturers retailers
Supply Chain resilience is not about being agile. It is about being adaptable. Supply Chain Resilience may become the new buzz term and magic elixir after coronavirus is under control. How to be prepared for the next global crisis. Cheers. Stay Well. The new buzz term—supply chain resilience. Great 40,000 foot high words. But no one really tells how to prepare for a global pandemic. Its upstream supply shocks. Its downstream demand shocks. Supply Chain Risk for manufacturers & retailers. Starts with transportation / logistics & Chain Of Custody. More than insurance assets. New risk is being left behind with post-pandemic new Supply Chain Management. Insurance talks Supply Chain Risk in terms of assets. CoViD has taught us that it is much more than that. manufacturers retailers SCM Improved Supply Chain Resilience for the critical transportation & logistics, SCM means contactless solutions.
A takeaway from the pandemic for Supply Chain Management -- Anything is possible when you aren't the one doing the job. Supply Chain experts abound with no operations experience, especially end-to-end, on what must be done.
Maritime. CMA CGM has Q1 profit thanks to asset sales. Would be good to ignore business quarters & see March-May results. How does CEVA Logistics make $1.7B in revenue & lose $37Mil--in a transformation?
https://theloadstar.com/assets-sale-boosts-cma-cgm-in-q1-market-conditions-are-poor-but-profits-are-up/
Will post-pandemic Supply Chain Management be a battle between the new reality & the CFO? UPS peak surcharge. Is it also a sign of how much better it is doing than FedEx? Will it move Amazon & others to move more quickly to Last Mile alternatives? Retailers manufacturers e-commerce pandemic.
HP. Will spend more on supply chain/logistics. So it took a pandemic to open there eyes?! An attaboy or where have you been? https://www.bloomberg.com/news/articles/2020-05-27/hp-reports-declining-revenue-on-supply-chain-disruptions Amazon. Another wake up call to laggard e-commerce retailers that lack the Supply Chain capabilities to compete vs Amazon. And CPG / FMCG manufacturers that depend on these retailers? And malls that depend on these retailers?
Inhousing/ Reverse Outsourcing logistics is a smart move. Increases Supply Chain control & speed, reduces costs, & builds resilience. Retailers & manufacturers who do not do in-house, should require new service providers--3PSCM or SCMaaS. https://www.businessinsider.com/amazon-in-housing-air-cargo-prime-airlines-earnings-partners-2020-5 Retailers & CPG / FMCG #manufacturers. It is all about e-commerce. If you are weak with online, especially its required Supply Chain Management, get your act together. Much of the online surge will hold. https://www.wsj.com/articles/walmart-sales-surge-as-coronavirus-drives-americans-to-stockpile-11589888464 After reading, Rachel's great article above on Amazon, please go to my blog. This in-house logistics supply chain resilience topic is in my latest blog at: http://ltdmanagement.blogspot.com/2020/05/wake-up-call-retailers-3pls.html
I am amazed at investors & others who do not understand what is happening with various transportation modes, distribution, warehousing, & logistics because of CoViD and business. Upstream. Downstream. And with Supply Chains. As Amazon returns its delivery speed for e-commerce, what does that do to the competition? Will it help them hold the volume surge from lockdown? Volume that was retail store. https://www.bloomberg.com/news/articles/2020-05-13/amazon-says-delivery-speed-returning-to-normal-after-covid-crush?sref=ZTlwf3Qc
Retail is dead. Long live retail. Time to design it around customers, not stores. And driven by Supply Chain Management, the ops arm of retail. A same, new SCM drove Amazon's e-commerce success that began the Retail Apocalypse. CoViD is speeding it up.
https://www.wsj.com/articles/coronavirus-finishes-the-retail-reckoning-that-amazon-started-11589459920
FedEx targeting SME e-commerce. Does this make sense? Complain of high costs of online deliveries & its multiple stops and then chasing small customers. And this means less volume per pickup. Am I missing something here in the logic?
https://theloadstar.com/fedex-appears-to-have-switched-focus-to-target-sme-e-commerce-shippers/With the struggles of freight & logistics providers, when it comes time, restart will be difficult for manufacturer & retailer Supply Chains along their length. Heavy-Duty Truck Orders Plunge to Record Low https://www.wsj.com/articles/heavy-duty-truck-orders-plunge-to-record-low-11588703131 DSV Panalpina is laying off 3,000 employees across its forwarding, freight, transport, logistics business. How do you come back from that & all those offices? Or do you? Amazon. Higher operating costs to keep logistics & e-commerce working.
Continue to be amazed by all the Supply Chain experts that have arisen since CoViD.
Manufacturers & retailers & Supply Chain Management, what should you do after coronavirus? Lessons learned? Changes?
https://www.linkedin.com/pulse/post-coronavirus-pandemic-supply-chain-management-what-tom-craig/
Good article on ocean shipping/container lines. Update may have more drastic charts/stats. With governments having to subsidize/stimulus package so much, what monies are there for the carriers vs need? What about ports? Debts with the megaships? Risks of default & bankruptcies? Coronavirus.
https://www.itf-oecd.org/sites/default/files/global-container-shipping-covid-19.pdfWhat will be the post-pandemic outcome for Megas? What kind & how much unraveling will there be? Mega ships. Mega airlines. Mega manufacturer & retailer corporations. Mega Supply Chains. Mega transportation. Mega logistics. Small trucking companies struggling. More transportation / logistics strain and its impact on frayed end-to-end Supply Chains. manufacturers retailershttps://www.wsj.com/articles/for-americas-small-truckers-demand-is-falling-off-a-cliff-11587488511?mod=djemlogistics_h
Companies that ignored e-commerce and the stuggle to pivot & change their Supply Chains for DTC during a crisis. Lessons learned when the pandemic is controlled & cleared?
A lesson from the global pandemic is how many manufacturers & retailers with nominal views of Supply Chain Management are now finding that the tiger rides them. The US imports $2 trillion of goods--excluding oil. It took decades of offshoring to get to this. It will take decades to reshore/onshore/nearshore to change trade, Supply Chains, and logistics. The post coronavirus business discussion will be about deep pockets & Darwinism-- Retail Darwinism, Supply Chain Darwinism, Transport Darwinism. How much of the lessons of the crisis will be retained & implemented? How much ignored & forgotten?
Clash of 2 supply chains: export/upstream & import/downstream. Supply shock & demand shock. Asset heavy ports & ocean carriers caught in the middle. Elevated trade lane imbalances. Restart/reset will not be an overnight fix.
Not just the UK. Coronavirus. Imports filling ports and warehouses. Clearing all these will delay restarts. UK could run out of warehouse space in two weeks as imports pile up.
https://theloadstar.com/uk-could-run-out-of-warehouse-space-in-two-weeks-as-imports-pile-up/
Legal question. How long do containers & other cargo have to sit at ports before they are considered abandoned? Thinking of importers using ports for storage at this time. A thought on clearing port congestion--an important need once global trade restarts.
To lighten the moment. You can tell the bad buying decisions by retailers & grocers (and that take up critical space in warehouses) when they don't even sell during a pandemic.
Will have significant impact on end-to-end logistics for trade & Supply Chains. WTO predicts world trade could fall by up to 32%
https://splash247.com/wto-predicts-world-trade-could-fall-by-up-to-32/
Coronavirus: Worst economic crisis since 1930s depression, IMF says
https://www.bbc.com/news/business-52236936
A lesson from the pandemic, the future of retail must be built on and around end-to-end Supply Chain Management. Looks like real estate folks are seeing the surge in e-commerce from staying home. And are looking for it to hold post-coronavirus Supply Chain Management. Knock on future retail & stores? More coming from CPG/FMCG DTC? And from other manufacturers/industries?
https://www.wsj.com/articles/real-estate-firms-expect-coronavirus-driven-shifts-will-spur-warehouse-demand-11586806285
Post-coronavirus business & Supply Chains may likely deal with a three-prong hit: recession, altered spending, and contracted spending by consumers and businesses. The question is for how long? There is much discussion that social distancing will continue in 2021 and maybe 2022. What will that do to retail, grocery, CPG/FMCG manufacturers & their Supply Chains as to restart/reset/rebuild?
Coronavirus & retail--where does it go? e-commerce growth. One gap in article is strong understanding of Supply Chain Management, its complexity & nonlinearity, Supply Chains within supply chains, & upstream where the supply of supply chains begins. What will be post CoViD SCM!?https://www.scmp.com/comment/opinion/article/3077506/will-coronavirus-shock-push-retail-sector-us-and-britain-adopt
Coronavirus. Pressure & attention is on the upstream Supply Chain. One that is least understood; has supply chain complexity, nonlinearity, & with supply chains within supply chains; & is measured by costs & is bifurcated. trade
'Storage in transit' products expand to head off looming box congestion crisis. Or spreading it to more ports? Are shippers putting onus on container lines & ports for their problems?
https://theloadstar.com/storage-in-transit-products-expand-to-head-off-looming-box-congestion-crisis/
Inverse importance. Logistics & Supply Chain Management. During coronavirus. Will recognition continue after crisis? Or revert to old ways where less critical functions get attention? SCM exec as CEO? Less pressure on forcing lower logistics/transport cost & prices?
https://www.wsj.com/articles/amazon-seeks-to-hire-another-75-000-workers-11586789365
How well are ERP systems handling the coronavirus chaos with its supply shock, demand shock, frayed Supply Chains, and struggling underlying logistics? Manufacturers Retailers With its buying power, retail has de facto control of what CPG/FMCG manufacturers do. In the post coronavirus retail & e-commerce, will this change? Will manufacturers take more control of their businesses & future? Sell e-commerce? With the surge in e-commerce & the health struggles of UPS, FedEx, & Amazon employees, USPS is needed--both for its ongoing Last Mile & as additional capacity as competitors struggle. https://www.wsj.com/articles/postal-service-warns-of-22-billion-hole-from-coronavirus-11586463104
https://splash247.com/wto-predicts-world-trade-could-fall-by-up-to-32/
Coronavirus: Worst economic crisis since 1930s depression, IMF says
https://www.bbc.com/news/business-52236936
A lesson from the pandemic, the future of retail must be built on and around end-to-end Supply Chain Management. Looks like real estate folks are seeing the surge in e-commerce from staying home. And are looking for it to hold post-coronavirus Supply Chain Management. Knock on future retail & stores? More coming from CPG/FMCG DTC? And from other manufacturers/industries?
https://www.wsj.com/articles/real-estate-firms-expect-coronavirus-driven-shifts-will-spur-warehouse-demand-11586806285
Container line bankruptcy potential spreads in step with the coronavirus. And how much it would impact trade & Supply Chains. Serious issue for manufacturers & retailers.
https://splash247.com/liner-bankruptcy-potential-spreads-in-step-with-the-coronavirus/?Post-coronavirus business & Supply Chains may likely deal with a three-prong hit: recession, altered spending, and contracted spending by consumers and businesses. The question is for how long? There is much discussion that social distancing will continue in 2021 and maybe 2022. What will that do to retail, grocery, CPG/FMCG manufacturers & their Supply Chains as to restart/reset/rebuild?
Coronavirus & retail--where does it go? e-commerce growth. One gap in article is strong understanding of Supply Chain Management, its complexity & nonlinearity, Supply Chains within supply chains, & upstream where the supply of supply chains begins. What will be post CoViD SCM!?https://www.scmp.com/comment/opinion/article/3077506/will-coronavirus-shock-push-retail-sector-us-and-britain-adopt
https://www.wsj.com/articles/amazon-seeks-to-hire-another-75-000-workers-11586789365
How well are ERP systems handling the coronavirus chaos with its supply shock, demand shock, frayed Supply Chains, and struggling underlying logistics? Manufacturers Retailers With its buying power, retail has de facto control of what CPG/FMCG manufacturers do. In the post coronavirus retail & e-commerce, will this change? Will manufacturers take more control of their businesses & future? Sell e-commerce? With the surge in e-commerce & the health struggles of UPS, FedEx, & Amazon employees, USPS is needed--both for its ongoing Last Mile & as additional capacity as competitors struggle. https://www.wsj.com/articles/postal-service-warns-of-22-billion-hole-from-coronavirus-11586463104
Freight Forwarders dealing with clashing Supply Chains of inbound & outbound--& its congestion.
E-commerce is a bright spot for many businesses during this pandemic, especially retail. Notice how there are no complaints about Last Mile.
With its buying power, retail has de facto control of what CPG/FMCG manufacturers do. In the post coronavirus retail & e-commerce, will this change? Will manufacturers take more control of their businesses & future? Sell e-commerce?
Coronavirus Economic Impact: IMF Says Global Recession Is Underway, Worse Than 2009
May the critical thin red line of logistics, transportation, Supply Chains, and trade be able to stand through the battle of coronavirus.
Do current talks of retail transformation miss 2 points? Retail Darwinism with coronavirus & recession? Supply Chain Management/logistics are more than strategic; they are critical. Will retailers/etailers & CPG/FMCG manufacturers with weak SCM face Supply Chain Darwinism?
With coronavirus and a recession, it is likely that discretionary spending will be very limited and focused on what is important. For retailers & others where spending will be done, have a strong supply chain to drive your e-commerce.
Coronavirus is proving the critical importance of supply chain management and logistics. Upstream & downstream. Retailers/etailers with strong SCM will lead. Those who have failed to invest in SCM may struggle to survive—the out of stock, settle for substitution.
Now #1 with coronavirus. With the critical importance of logistics, transportation, & supply chains, a coordinated approach. Such as with Defense Logistics Agency.
Read McKinsey & Company's excellent paper-- COVID-19 Implications for Business at my blog: http://ltdmanagement.blogspot.com/2020/03/mckinsey-covid-19-implications-for.html
The Coronavirus Is Quietly Killing the Real Estate Industry. Read the story from The National Interest. Click on this link to reach the PDF: https://www.linkedin.com/dms/C5606AQGhSE5PHwyN2A/messaging-attachmentFile/0?m=AQIXli0gmyGvTgAAAXEjG7ichLtyaYNp-mf_2B9fyB0vOIn-jbSLJYA&ne=1&v=beta&t=wCAEz0YN7UO0PpJvb0MQV--yxwScx8l3SWaLmlXsW4w#I6649284546971992064_500
Coronavirus Is a Wake-Up Call for Supply Chain Management. Upstream. Supply Chain Mapping. Risk Mitigation. Manufacturers. Retailers. SCM.
What are the backup plans in the medical & food Supply Chains if workers in end-to-end logistics/transport--warehouses, trucking, ports, etc.--get coronavirus and there are shutdowns at such operations? Serious war room stuff.
Two Supply Chain challenges. Dealing with & getting through coronavirus & the recession. At the same time, planning what happens after manufacturers & retailers are through it. The changes. New designs. New realities.
Coronavirus & Supply Chain strain. The non-linear, complex supply chain & its supply chains within the supply chains--supply chain linkages--are the straining point in dealing with what is happening. Within your industry/niche, watch for breaks in supply chains.
Dealing with--managing may be optimistic--coronavirus by manufacturers and retailers requires and will require savvy, experienced Supply Chain operations people. This is a constantly changing & evolving situation.
CoVidD defining retail's future. Product categories & e-commerce. Force those in denial to wake up including CPG/FMCG manufacturers. CoViD is validating how important Supply Chain Management is PERIOD. Transformation is not about retail; it is about SCM.
https://www.wsj.com/articles/coronavirus-crisis-reveals-retail-haves-and-have-nots-11585047603?mod=djemlogistics_h
Ross Stores Cancels Merchandise Orders Until June Due to Coronavirus. Makes sense with uncertainties. But it could delay recovery restart. Upstream is where the supply of Supply Chain begins.
https://footwearnews.com/2020/business/retail/ross-stores-cancels-merchandise-orders-coronavirus-1202955235/
Manufacturers & retailers who are winners & survivors of coronavirus will be defined by their Supply Chains. They have had them and their structure in place.Coronavirus could shut down USPS. It would have a big impact on e-commerce Last Mile.
https://www.businessinsider.com/coronavirus-usps-shutdown-chaos-amazon-2020-3
Coronavirus could shut down USPS. It would have a big impact on e-commerce Last Mile.
https://www.businessinsider.com/coronavirus-usps-shutdown-chaos-amazon-2020-3
Coronavirus. First DHL. Now Ceva Logistics declares Force Majeure.
https://www.businessinsider.com/coronavirus-usps-shutdown-chaos-amazon-2020-3
Coronavirus. First DHL. Now Ceva Logistics declares Force Majeure.
Coronavirus. Panama Canal takes measures to ensure waterway remains open.
https://splash247.com/panama-canal-takes-measures-to-ensure-waterway-remains-open/
Coronavirus Upends Trucking Networks, With Heavy One-Way Flows. Shippers should appreciate the service and not complain about rates. Those days are on hold.
https://www.wsj.com/articles/coronavirus-upends-trucking-networks-with-heavy-one-way-flows-11585173693
Coronavirus social distancing shift--Amazon seems to be the one stepping up to handle the surge. They have the logistics infrastructure & Supply Chain capabilities. What other retailers are stepping up--US? Canada? Europe? In the areas where the virus is strongest.
Those supply chain experts on toilet paper shortages fail to understand that problems will grow as the coronavirus cases grow. Panic buying is exacerbated by the panic to the crisis. Demand draw exceeded supply restock speed.
Will coronavirus expedite the use of drones for e-commerce Last Mile?Will the coronavirus crisis escalate Amazon's bringing more end-to-end logistics inhouse--Reverse Outsourcing--in house & build its own capabilities? US? Europe? And?
Force majeure: getting it wrong can be a very expensive business. Logistics. Transport. Trade. Supply Chains. Coronavirus.
https://theloadstar.com/force-majeure-getting-it-wrong-can-be-a-very-expensive-business/
What are overleveraged/debt heavy transport/logistics providers going to do? Then the next question, what does this question do to manufacturer & retailer Supply Chains dealing with coronavirus & recession? No simple answers ahead.
DHL Global Forwarding declares force majeure. Surprised it took this long. Expect others to do it. Coronavirus.
https://www.supplychaindive.com/news/dhl-global-forwarding-force-majeure-services-covid/574565/
Maersk ditches full year earnings guidance citing coronavirus. Now imagine transport/logistics providers who are not as well financed.
https://splash247.com/maersk-ditches-full-year-earnings-guidance-citing-coronavirus-and-a-lack-of-visibility-in-box-demand/
How good is a Click And Collect e-commerce strategy in a time of coronavirus social distancing?
There may be a Darwinian inference here for retail. Especially with the coronavirus impact lasting as long as 18 months, per a Federal study. The recession this will cause could move toward depression. Add in social distancing. Who will spend? What will they buy? How will they buy it--what channel? And more and bigger questions could evolve the longer it goes on. E-commerce is now viewed as a "safe" way to buy. And as the virus continues and peaks, this is likely to continue. This, in turn, could force greater speed to deliver orders. And that is about supply chains and the logistics infrastructure of them. As with retail, transport/logistics will go through its own survival of the fittest--which in turn, will impact online supply chains. If the present retail market shares are indicative of what could happen, it may become winners, survivors, and remember them. What we may be watching is not a case study, it would be much bigger.
https://www.forbes.com/sites/stevendennis/2020/03/17/the-coronavirus-will-accelerate-retails-collapse-of-the-middle/#115da40619f8
The longer coronavirus continues, the more crush there will be on Supply Chains, & the more survival pressure on logistics/transport survival--which increases the problems of Supply Chains constantly trying to adapt to ongoing changes.Dealing with--managing may be optimistic--coronavirus by manufacturers and retailers requires and will require savvy, experienced Supply Chain operations people. This is a constantly changing & evolving situation.
Backup. Backlog. Congestion. Now this for Supply Chains that can delay product/inventory shipments with these additional vessel delays in China.
Amazon is dealing with two whammies right now. The panic buying & how it moved online as stores struggle to catch up with the hoarders. AND, the coronavirus social distancing that is shifting store business online. Amazon may be the bigger winner there. When all this is over....
https://slate.com/culture/2020/03/amazon-book-delivery-delays-coronavirus.html
Amazon delays delivery of books and other nonessentials in response to the coronavirus. Segments products to get positioned for surge in orders that used to be retail.Retailers & manufacturers have a dual challenge right now. Dealing with the Supply Chain impact of coronavirus. Planning for their new business model & new supply chain to drive it. Business will change. Plus design & implement new supply chain that mitigates some risk.
With retail stores closing, add backing up Supply Chains for CPG/FMCG manufacturers and suppliers. Facing incredible supply chain congestion and confusion. More pressure on logistics/transport providers.
Federal Reserve Bank of New York reported the sharpest drop on record for an index of manufacturing business conditions there and a measure of new orders turned negative. Add this manufacturing index drop to retail store closings with coronavirus. There is a coming crunch in Supply Chains with what is inbound while buying access reduces. What happens with the incoming inventory? Import supply chains starting up & shutting down???
Coronavirus. The upstream logistics & Supply Chain plans & issues with being able to export products is going to next meet the downstream plans & issues of being able to import and move products to intended destinations. Manufacturers. Retailers. More of the best laid plans....
FedEx. Trying to understand. Coronavirus is shifting much retail to e-commerce. So why are they doing this? Are they conceding Last Mile to UPS?https://www.wsj.com/articles/fedex-withdraws-fiscal-year-guidance-due-to-coronavirus-11584477842
Looking at the time line of coronavirus in Asia and now Europe, the US & Canada may be looking at 8 weeks, or more, to go through the CoViD cycle. How would end-to-end Supply Chains & logistics/transport deal with that volume not flowing thru?
Logistics/transport providers, especially asset heavy, are facing CoViD-19 chaos throughout the end-to-end Supply Chain. How many will still be in business in 3 months? And then what? Think airlines & fewer planes. What happens to the lost belly freight space? And what about?
Amazon is trying to hire 100,000 people to deal with a surge of orders. How much of this volume will stay with them when CoViD is under control? How much of surge e-commerce business will other retailers get? Do they have a New Supply Chain to handle it as customers will expect?
Amazon is trying to hire 100,000 people to deal with a surge of orders. How much of this volume will stay with them when CoViD is under control? How much of surge e-commerce business will other retailers get? Do they have a New Supply Chain to handle it as customers will expect?
Another comment, if you look at the e-commerce sales buyers--and their sales percents--a very few retailers own the market. Will the online go to the firms with robust supply chains to satisfactorily service customers? If so, what does all this mean to store retailers and weak e-commerce providers? Will the gap between leaders and laggards become too great? Will there be a tipping point? Is coronavirus speeding up the shift to e-commerce? Will it change retail apocalypse to retail Armageddon? Many retailers and CPG/FMCG manufacturers have wasted the past few years with non-robust business and supply chain transformations. Has the virus closed their windows of opportunity?
Hoarding / Panic Buying is a special pressure on Supply Chains. Supply cannot keep up with demand chaos. The supply exists and is being manufactured. But it cannot move as quickly as panickers are taking it off shelves. The Supply Chain challenge with coronavirus is upstream—which also happens to be the segment that has bifurcation as to logistics & procurement and is the most complex—nonlinear & supply chains within supply chains. Is all this a perfect Supply Chain Management storm? Will coronavirus cause an over reaction to Supply Chains by manufacturers & retailers--that can cause continued chaos? Changes are needed--and have been needed. This can stimulate SCM corrections. How will firms then play it?
Coronavirus vs trade war tariffs. Demand shock & supply shock. Need trade policy relief as logistics & Supply Chains of manufacturers & retailers deal with all of it. https://www.wsj.com/articles/u-s-grants-tariff-exemptions-for-more-medical-goods-from-china-11584125840
Coronavirus. On February 23, $1 trillion. Manufacturing, retail, & Supply Chains. And factor in the impact on logistics/transport. The economic impact is beyond significant. And growing. Output. Layoffs. Out of stocks. Threatens global Supply Chains. An understatement. It has the potential for avalanche impact. It roils across industries. Including end-to-end logistics that support end-to-end supply chains for manufacturers & retailers.
https://www.wsj.com/articles/world-economy-shudders-as-coronavirus-threatens-global-supply-chains-11582474608?mod=e2twCurbed by Coronavirus, China’s Truckers. Devil in the details of logistics of Supply Chain Management that non-SCM investors, manufacturers, & retailers do not understand. https://www.wsj.com/articles/curbed-by-coronavirus-chinas-truckers-cant-wait-to-get-on-the-road-again-11583315215 More devil in the details. So important for global trade & Supply Chain Management for manufacturers & retailers. MSC is sending a 19,000-TEU container ship to the LA-LB #ports to pick up empty #shipping containers for return to Asia in anticipation of a spike in demand as China's factories continue to come back online.
As Chinese Supply Chains start to move again, slowly, new end to end logistics/transport bottlenecks appear. https://theloadstar.com/as-chinese-supply-chains-start-to-move-again-slowly-bottlenecks-appear/ Trade war. Tariffs. Coronavirus. Carriers set to cut Asia-USWC capacity in response to weakening outlook. https://theloadstar.com/carriers-set-to-cut-asia-uswc-capacity-in-response-to-weakening-outlook/ International Chamber of Shipping issues new coronavirus guidance.
Another story on coronavirus and Supply Chains. It is obvious that Supply Chain Management is the more important company activity. So why aren't CEOs coming in with SCM bona fides?
https://www.reuters.com/article/us-usa-economy-manufacturing-idUSKBN20P29T?taid=5e5da8b19097de0001139995&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_s
Coronavirus and inventory/product shortages at Best Buy. Expect more stories going forward on shortages and out of stocks in Supply Chains. And all those products not being transported. Idled ships. And more. Retail. Manufacturing.http://www.startribune.com/best-buy-predicts-short-term-impact-from-coronavirus-reports-solid-holiday-sales/568240952/
When the coronavirus problem is resolved, estimates to restart manufacturing, get ships back in operation, backlog at ports, drayage, containers, vessel queues, plus similar at delivery & customs—end to end inventory Supply Chain & logistics/transport recovery—3 months?!?!?! And the differences between large corporations/MNCs and SMEs to get back up to speed!
When the coronavirus backlog starts to break, do you think those getting on ships & planes will be the cheap logistics/transport price buying BCOs & OTIs? Any expectation as to the wailing and gnashing of teeth over what the freight prices will be? $2 billion and counting. A sign of the logistics costs of coronavirus. And this is just one transport/logistics segment of the end-to-end Supply Chain.
https://theloadstar.com/box-carriers-bill-for-volumes-lost-to-coronavirus-nearing-2bn/
Coronavirus. Idling container ships in multiple trade lanes. Global. Restarting logistics/transport will be a factor in restarting Supply Chains.
https://theloadstar.com/historic-capacity-crunch-looms-as-more-europe-asia-sailings-are-blanked/
Coronavirus. If it continues for long period. Possible retail store Armageddon. Positive impact then to those with strong e-commerce. And the domino effect on malls. And on CPG/FMCG manufacturers then. Much on the line.
Coronavirus. The impact if this continues.
Coronavirus. Supply Chains of 94% of Fortune 1000 are having disruptions.
Coronavirus. Do these investors understand manufacturing? And global trade? And logistics/transport & Supply Chains, both export & import? Transport/logistics financials to date? And backlog & queue & what it means?
Coronavirus. Do these investors understand manufacturing? And global trade? And logistics/transport & Supply Chains, both export & import? Transport/logistics financials to date? And backlog & queue & what it means?
Another example of the coronavirus impact on logistics/transport. And extrapolate in terms of size of Supply Chains. Ripples from coronavirus hit DP-DHL profits for €60m this month.
https://theloadstar.com/ripples-from-coronavirus-hit-dp-dhl-group-for-e60m-this-month/
The logistics/transport impact keeps growing. And the products / Supply Chains being impacted. Coronavirus. Container lines have pulled 1.67m teu of capacity out of China, costing $1.5bn
https://theloadstar.com/carriers-have-pulled-1-67m-teu-of-capacity-out-of-china-costing-1-5bn/
Are we close to a de facto business embargo of China & its production? Coronavirus.
In face of the coronavirus, how do you define trade? What is the derivative value of logistics/transport? And Supply Chains for manufacturers & retailers?
Coronavirus continues. Inventory drains at retailers & manufacturers. Recovery time & its production & end-to-end logistics chaos. What happens as firms run out of inventory--finished goods/products, raw materials, components, assemblies, etc.?
Is it too late to head off Supply Chain risks? What is happening inside the coronavirus war rooms of manufacturers & retailers for their supply chains?
https://www.wsj.com/articles/commentary-supply-chain-risks-from-the-coronavirus-demand-immediate-action-11582054704
Coronavirus. China. Supply Chains. Former Macy's CEO. The gift of hindsight/Monday morning quarterback. Shift of manufacturing away from the US took decades driven by demand for cheaper prices. And when he was CEO, what did he do differently? Just asking.
Domino effect. Vietnam reports Supply Chain issues from coronavirus.
Given coronavirus impact, ocean carriers have little room with the IMO 2020 BAF battle. Without dramatic financial impact.
Coronavirus supply chain headaches spread as more than one in two Asia – North Europe sailings are cancelled
https://splash247.com/coronavirus-supply-chain-headaches-spread-as-more-than-one-in-two-asia-north-europe-sailings-are-cancelled/Think container shipping demand trend. Coronavirus. Given capital costs, especially with mega ships, how long until they pass into the ugly zone--red ink? Copious amounts. Then what?
This is just for container shipping. Take it end-to-end on a hint of the coronavirus global impact on trade, logistics, transport, & Supply Chains. Manufacturers. Retailers. Risk.
More coronavirus. This time on China side & not being able to move reefers/perishables inland. A hint of what will happen when the crisis breaks & production restarts. A mess with dray, ports, vessel queues, & getting on ships. And a similar congestion at delivery ports. All extending the likely lack of manufacturer & retailer Supply Chain inventory.
Citing coronavirus, ONE and CMA CGM institute reefer congestion surcharges.
Right now, April is a good guess on what coronavirus gets trade, logistics, & Supply Chains back on the path to normal on both sides, there could be stories about manufacturers & retailers out of products/inventory. And all those efforts to ship tons & tons of products out on planes.
When the coronavirus crisis is cured, imagine the chaos at China ports with ships lining up to be loaded. Truckers bringing in containers. Ports dealing with containers. Now flip it to ports in the US, Europe, & elsewhere with queue to unload ships, port chaos, chasses, & dray.
What is going on in the shipper war rooms--I assume manufacturers & retailers have them by now--to deal with this on their Supply Chains?
Canceling the Hong Kong Sevens. Coronavirus concerns are very apparent here.
Coronavirus. Not just China. Shows Supply Chain complexity & its non-linearity. And how there are no simple answers to resolving it & Supply Chain Risk mitigation challenge. Risk. Manufacturer. Retailer.
Global Supply Chains &. Dealing with trade wars, forward buying, & the excess inventory it creates. Dealing with coronavirus, no products being made & shipped & the draining of & lack of inventory it creates. Shows why Supply Chain Management should dominate the C-suite.
Compounding Supply Chain disruptions for manufacturers & retailers, from E-commerce to coronavirus, is the lack of SCM strategy. Such firms operate supply chains at the tactical, even reactionary, level. A self-made risk.
An indicator of what it is difficult to Supply Chain Risk mitigate with coronavirus in China. The #1 export country. China's export volume is so large to disperse efficiently. A long term solution issue. Statista chart.
Container line lost revenue means containers of products not shipping. How long can manufacturer & retailer #SupplyChains endure? And the impact on their end-user customers? The halt on trade, blockchain, and more.
Coronavirus costing liners up to $350m in lost revenues every week.
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