Furniture retailers forge new supply chain practices as backlogs, risks prevail
India, Turkey and Mexico are among the new sourcing destinations emerging as companies seek to mitigate risks. Last year — amid port backups, container shortages and other supply chain nightmares — retailers and brands turned to the skies, sending demand for air cargo in 2021 up nearly 7% compared to 2019 by one estimate. Shipping shirts and…
How to fix broken supply chains
Supply chain challenges are real, but they’re not new, says global trade expert Dustin Burke. In the face of disruptions ranging from natural disasters to pandemics, how do we make sure supply chains can keep up? Burke offers a combination of solutions — from companies sharing risk to better forecasting disruptions — to help create…
With Shanghai at a standstill, supply chain problems are compounding
Concerns are rising that Shanghai’s lockdown is only the beginning of months-long challenges. After just over two years of a largely successful “zero-COVID” policy, China is facing its biggest test to date in the metropolis of Shanghai and the supply chain headaches that come with a massive lockdown. On Monday morning, the city reported a…
Navigating inflation: A new playbook for CEOs
Few chief executives have faced the challenge of leading a company through an inflationary spike like today’s. Lessons from strong leaders and bold action can help CEOs make the decisions that only they can make. ast year, policy makers, economists, and financial-market participants fiercely debated the higher inflation then under way. Was it a transitory problem,…
With Shanghai at a standstill, supply chain problems are compounding
Concerns are rising that Shanghai’s lockdown is only the beginning of months-long challenges. After just over two years of a largely successful “zero-COVID” policy, China is facing its biggest test to date in the metropolis of Shanghai and the supply chain headaches that come with a massive lockdown. On Monday morning, the city reported a…
China backlog, rising dwell times pose threat to Port of Los Angeles rebound
The issues loom as cargo volumes are rising at the port, with more imports on the way. LOS ANGELES — Rail issues, rising container dwell times and a backlog of ships in China pose threats to continuing supply chain improvements at the Port of Los Angeles. Still, port and union leaders expressed confidence on Tuesday…