Risk and Resilience: Page 48
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MoneyBlogNewz. (2010). "Competition in Shipping" [Photograph]. Retrieved from Flikr.
UPS, FedEx suspend service guarantees citing coronavirus impact
UPS declined to "speculate about future policies" when asked if it is considering a force majeure declaration and if the service guarantee will return after the COVID-19 crisis resolves.
By Emma Cosgrove • April 1, 2020 -
Planning should replace forecasting as coronavirus uncertainty clouds outlook
“What you need to be thinking about is how you can now start positioning to come out of the tunnel sprinting – not crawling, but sprinting,” one private equity professional said.
By Jen A. Miller • March 31, 2020 -
Explore the Trendline➔
Justin Sullivan via Getty ImagesTrendlineSustainable supply chains
Amid pressure from consumers, investors and governments, companies are scrambling to measure and reduce the impact of their supply chains on the world.
By Supply Chain Dive staff -
Deep Dive
From Section 301 to COVID-19: How a volatile China changed supply chains
An ongoing trade war, and now a global pandemic, pushed U.S. businesses to diversify and raised the question: Are we too dependent on China?
By Shefali Kapadia • March 31, 2020 -
2M Alliance announces blank sailings on 21% on Asia-Europe trade
MSC will create a seasonal blank sailing program to match shrinking market demand due to the coronavirus.
By Matt Leonard • March 30, 2020 -
Lululemon leverages RFID, supplier relationships to manage inventory amid coronavirus demand drop
On top of advantageous technology investments, Lululemon has several inherent qualities that give it a somewhat easier path through the COVID-19 crisis most non-essential retailers are facing, executives described.
By Emma Cosgrove • March 30, 2020 -
As coronavirus spreads, reliance on foreign sourcing strains pharma supply chains
With India on lockdown and China still ramping back up production, experts worry about the pipeline for importing critical drugs into the U.S.
By Deborah Abrams Kaplan • March 27, 2020 -
Ceva Logistics declares force majeure, citing possible rate changes and surcharges
Just three weeks ago, CMA CGM touted Ceva as an important tool in bolstering service continuity in light of the COVID-19 disruption.
By Emma Cosgrove • March 27, 2020 -
"No Toilet Paper in Walgreens" by Raed Mansour is licensed under CC BY 2.0
Survey: 59% of US companies would have 2 weeks of stock after halting production
The key is not only surviving the COVID-19 pandemic, but preparing for a "double wave" of significant demand shifts once production resumes, Rapid Ratings CEO James Gellert said.
By Morgan Forde • March 27, 2020 -
Ocean carriers blank sailings on Transpacific, European routes as importer demand drops
Maersk announced three new blank sailings this week that would have served trade on European, Mediterranean and Transpacific routes.
By Matt Leonard • March 27, 2020 -
Digital procurement marketplace connects hospitals responding to coronavirus outbreak
The Exchange tosses out standard allocation models in favor of connecting procurement professionals through a global network.
By S.L. Fuller • March 26, 2020 -
Deep Dive
What procurement managers should expect from a 'bullwhip on crack'
Slight variations in demand at the retail level grow larger until they reach the manufacturer. This bullwhip effect is playing out in real-time in the COVID-19 pandemic.
By Matt Leonard • March 26, 2020 -
CSX says leaner operations, more tech will help reduce emissions 37% by 2030
The railroad seeks to meet this target by employing technology and operational strategies to increase fuel efficiency.
By Emma Cosgrove • March 26, 2020 -
India, Bangladesh extend lockdowns, factories remain closed
The Indian government extended its lockdown order Tuesday, which was initially followed by multiple factories announcing closures. Factories in Bangladesh face a cascade of canceled orders.
By Matt Leonard • Updated April 14, 2020 -
U.S. Centers for Disease Control. "CDC 2019-Novel Coronavirus (2019-nCoV) test kit". Retrieved from https://www.cdc.gov/coronavirus/2019-ncov/about/testing.html.
How health systems are responding as COVID-19 squeezes the medical supply chain
Procurement of supplies will become more difficult if cases surge and federal stockpiles don't trickle down to the state level quickly enough.
By Deborah Abrams Kaplan • March 25, 2020 -
jotoler. (2016). [Photograph]. Retrieved from https://pixabay.com/photos/worker-industry-man-manufacturing-4395772/.
IHS Markit: March Flash PMI posts steepest decline since 2009
Manufacturers reported the first contraction in new business and orders in over a decade amid sharp declines in supplier capacity and customer demand due to the COVID-19 outbreak.
By Morgan Forde • March 25, 2020 -
Nike optimizing supply and demand daily to weather coronavirus storm
Previous investments in digital tools will allow the company to snap back whenever consumer demand returns while keeping and paying employees, executives said Tuesday.
By Emma Cosgrove • March 25, 2020 -
The apparel industry had an inventory problem before coronavirus. What now?
With such an unprecedented set of restrictions and uncertainties, universal recommendations are hard to come by for "nonessential" retailers and wholesalers, but some trends are starting to surface.
By Emma Cosgrove • March 24, 2020 -
Column
Today's supply chains are too lean
The COVID-19 pandemic has highlighted the dangers of just-in-time principles and lean inventories.
By Rich Weissman • March 24, 2020 -
Food manufacturing will stay healthy during coronavirus, trade groups say
Leaders of the Consumer Brands Association and the American Bakers Association say their members are rising to the challenge and see no shortages of the basics.
By Megan Poinski • March 24, 2020 -
United, American Airlines begin cargo-only flights as rates double between Europe and US
As the number of global consumer flights dwindles, so does a large slice of the global airfreight capacity that existed in the belly of those passenger planes.
By Emma Cosgrove • March 23, 2020 -
Cold chain stays steady as grocery demand heats up
COVID-19 has had minimal effect on warehouse operations, so far. But stakeholders are keeping an eye on staffing and are requesting regulatory help to maintain functionality.
By S.L. Fuller • March 22, 2020 -
XPO ends spinoff strategy in light of COVID-19 outbreak
CEO Brad Jacobs' January announcement that he would consider selling off parts of the business was a sign trucking M&A was healthy, but world events have conspired against further plans.
By Jim Stinson • March 20, 2020 -
McKinsey estimates stock-outs for automotive, retail supply chains by end of March, April
Just-in-time and traditionally low-inventory supply chains could be in danger in the coming weeks as supply out of China continues to be slow and U.S. and EU factories begin to postpone production.
By Morgan Forde • March 19, 2020 -
US won't suspend China tariffs during coronavirus outbreak
The tariffs present a risk and additional cost to medical supply chains as the need for critical supplies becomes urgent.
By Shefali Kapadia • March 19, 2020 -
Redundancies, hurricane prep keeping healthcare company Baxter in stock despite COVID-19
The company is constantly monitoring the supply and the demand side to thoroughly understand supplier capacity and prevent hoarding by hospitals, said CEO Joe Almeida.
By Emma Cosgrove • March 19, 2020