Why skippers aren’t scuppered

Why skippers aren’t scuppered

Supply chains are adapting, not failing Much of the time most people do not think about the complex choreography that makes modern shopping possible. You just click and wait—and not too long, mind—for a package or three to arrive on your doorstep. Over the past few months, however, the world’s supply chains have elbowed their…

A perfect storm for container shipping

A perfect storm for container shipping

Will prolonged disruptions shift the pattern of trade? A giant ship wedged across the Suez canal, record-breaking shipping rates, armadas of vessels waiting outside ports, covid-induced shutdowns: container shipping has rarely been as dramatic as it has in 2021. The average cost of shipping a standard large container (a 40-foot-equivalent unit, or feu) has surpassed $10,000, some…

The World Economy’s Supply Chain Problem Keeps Getting Worse

The World Economy’s Supply Chain Problem Keeps Getting Worse

A supply chain crunch that was meant to be temporary now looks like it will last well into next year as the surging delta variant upends factory production in Asia and disrupts shipping, posing more shocks to the world economy. Manufacturers reeling from shortages of key components and higher raw material and energy costs are…

Inflation Should Be an Important Consideration in Your Supply Chain Strategy

Inflation Should Be an Important Consideration in Your Supply Chain Strategy

As a business leader, you have had to deal with numerous challenges in recent years: the Covid-19 pandemic, criminal cyberattacks, extreme weather events, geopolitical tensions, and more. Now you can add inflation woes to your list of potential challenges. Shifting Central Bank Priorities In the 2010s, inflation in major economies was largely at historically low…

The Challenge of Rebuilding U.S. Domestic Supply Chains

The Challenge of Rebuilding U.S. Domestic Supply Chains

Summery: Massachusetts-based Shawmut scrambled to expand production to meet the soaring demand for N95 masks and hospital gowns during the pandemic. Its experiences illustrates a crucial point that policymakers should take to heart: Once a country loses its industrial commons points — the capabilities needed to support the development and production of many goods — restoring…

Questioning what we know

Questioning what we know

Recorded: April 24, 2021 About the podcast In this episode, Ron and Joseph call into question the body of knowledge that is the basis of the discipline of supply chain as it exists today. Keeping in mind that the modern supply chain has existed for roughly 30 years, with the fall of the Berlin Wall, the…