The global supply chain situation remains in a constant state of chaos. $1 billion of goods flows through the ports per day, and so there is a BIG ripple effect on the supply chain. Although there is a lot of talk and action by various groups to improve the [...]
The Ports & The State of Logistics
Lisa Anderson, a supply chain expert and blogger with the Claremont, Calif.-based LMA Consulting Group, said Buttigieg has fallen short in his role as transportation secretary amid the supply crisis, concluding with respect to objections over his performance: unfortunately the criticism is warranted.
Everyone is talking about the backlog of ships at the ports and when it will be resolved, but is that the right question? NO! Of course we will eventually resolve the current backlog; however, there are continual disruptions in the extended supply chain, and so who knows what disruption will be next. [...]
Insight into how GE Port Optimizer is reshaping last mile logistics for enhanced supply chain performance.
Insights into how transportation drives supply chain efficiency, underlining its economic and strategic value.
Chicago logistics is all about connectivity. Connecting the east with the west, Chicago is a natural hub. 5 international airports, 7 Class I railroads carrying 50% of the nation's freight (think of the enormity of that figure!), 3rd largest intermodal port in the world, 3rd largest interstate highway system in America, and more.
Where would you prefer to locate your operation? Most likely as close to customers and your supply base as possible. In this case, it means rates are going through the roof - if you can even get them.
Are you prepared to leverage additional technology to remain competitive?
Whether you have supplies or products waiting at the port, I'd take this as an opportunity to be strategic in thinking about supply chain design.
