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Convoy (2015 – 2023) was a freight brokerage that aimed to disrupt a high-volume, low-margin space by applying advanced automation. The post SupplyChain Post Mortem: Convoy appeared first on Art of Procurement.
The post The Power of Visualization in Freight Optimization and Resilience appeared first on Art of Procurement. Anyone who spends their day working with data will tell you that data alone is never enough. It needs to.
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supplychain visibility.
From this discussion, we compiled a list of 8 critical supplychain management activities that to improve, build, and maintain supplychain resilience now and in the years to come. But building an agile, resilient supplychain doesn’t happen overnight; it requires forethought and planning.
A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions. So, when its supplychain broke, the ripple effects came about quickly.
They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supplychain management activities that can help Procurement teams build and maintain supplychain resilience now and in the years to come.
Freight forwarders and other nonprincipal parties involved in global cargo movement should follow the guidance in the multi-agency know-your-cargo compliance note to avoid enforcement actions should they fail to spot evasive tactics used in supplychains to circumvent U.S.
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While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supplychain and procurement industries. Avoid the Instability of International SupplyChains. This gives you greater control over the details involved in your supplychain.
The petition cited specific conduct alleged to target the maritime, logistics, and shipbuilding sector, including “by directing mergers between favored state-owned companies, disapproving alliances by foreign competitors, denying berthing rights to foreign-owned ships, controlling freight rates and capacity allocations, supporting the development (..)
And, at that level of inflation, other defenses will likely arise (such as objective impossibility due to severe supplychain dislocation). Alternatively, if severe inflation is accompanied by supplychain dislocation, the unavailability of materials could be the basis of an excusable delay. FAR 52.249-14(a).
SupplyChain Realignment Generally speaking, going into 2023, supplychains have significantly improved, alleviating some of the inflationary pressure caused by previous disruptions. 86] Hence, supplychain realignment is well underway. .” 86] Hence, supplychain realignment is well underway.
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