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In our latest interview, we talk to Zera Zheng (Global Head of Business Resilience Consulting, Maersk) about navigating supply chain disruptions, particularly during the recent Red Sea crisis, as well as the risk and threat outlook for 2024. https://buff.ly/48wW7sw #supplychainresilience #supplychain #memberonly

“Where on earth are our stocks today?” 😱 Supply chain’s stressful maze is a major concern for shippers: they need to know where exactly their goods are, at any time. Recent turmoil - Panama drought, Baltimore bridge collapse, Red Sea crisis, to name a few - have highlighted how crucial risk management can be for any activity involving shipping goods. Supply chain teams of a global company with offices in multiple continents can no longer work with emails and Excel sheets! They need centralized, fully up to date and accessible data in real time. Accurate container tracking enables them to cope with risks that cannot be 100% neutralized, but can be mitigated if properly anticipated. That’s one of the reason why OVRSEA has been flourishing for years: offering companies a solution to track their supply chain’s pulse📍, optimize costs📉 and monitor their activities 🗺️ All the value is here: providing key information in real time on transported goods 👉 Ongoing shipments associated to a specific product (purchase order management) 👉 Actual shipped quantities of a determined SKU  👉 Live updates ETAs and delivery dates Thanks to this vision, companies can better manage their stocks, avoid surpluses/shortages and optimize their supply chain. #strategy #businesstool #supplychain

Thanks to Kieran Matthews for inviting me to join the The BCI podcast to discuss #supplychain #risks and #resilience, focusing on the #RedSea crisis. It was enlightening to talk about the implications, lessons from #Covid, and the #risk #outlook. Grateful for the chance to share my thoughts and engage with insightful questions. If you're a BCI member and interested in the topic, please check out the link 👇 #SupplyChain #resilience The BCI #memberonly

𝙏𝙝𝙚 𝙢𝙖𝙞𝙣 𝙘𝙤𝙣𝙘𝙚𝙧𝙣 𝙤𝙛 𝙩𝙝𝙚 𝙍𝙚𝙙 𝙎𝙚𝙖 𝙘𝙤𝙣𝙛𝙡𝙞𝙘𝙩 𝙧𝙞𝙜𝙝𝙩 𝙣𝙤𝙬 𝙞𝙨 𝙤𝙛 𝙘𝙤𝙪𝙧𝙨𝙚 𝙖𝙫𝙤𝙞𝙙𝙞𝙣𝙜 𝙡𝙤𝙨𝙨 𝙤𝙛 𝙡𝙞𝙛𝙚 𝙖𝙩 𝙖𝙡𝙡 𝙘𝙤𝙨𝙩𝙨. I wanted to explore the conflict through the lens of the logistics industry. Shipping rates have significantly increased (some spot rates have tripled compared to November 2023), specifically for the Asia-Europe tradelane that has been re-routed to transit past the Cape of Good Hope, but also the Asia-East Coast US tradelane that has been utilizing the Suez Canal as an alternative to the Panama Canal. The surge in recent rates has attracted an increase in shipping stock investors, which definitely leaves a bad taste in the mouth given the awful situation. Does anyone else feel like the logistics industry is being used as a modern warfare tactic? If that is the case, how can we future proof the industry from being used in this way? Ultimately, it's the consumer that pays the price. Or perhaps the industry might play a pivotal role in finding a solution within the conflict, a good negotiating power. 𝗜'𝗺 𝘀𝘂𝗿𝗲 𝘆𝗼𝘂'𝗱 𝗮𝗹𝗹 𝗷𝗼𝗶𝗻 𝗺𝗲 𝗶𝗻 𝘄𝗶𝘀𝗵𝗶𝗻𝗴 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝗳𝗼𝗿 𝗮𝗹𝗹 𝗮𝗳𝗳𝗲𝗰𝘁𝗲𝗱, 𝗹𝗲𝘁'𝘀 𝗵𝗼𝗽𝗲 𝗮 𝗿𝗲𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗰𝗮𝗻 𝗯𝗲 𝗳𝗼𝘂𝗻𝗱 𝘀𝗼𝗼𝗻. I'd love to know your thoughts.

📣 Feature PSA BDP webinar alert! 📉 As we venture into the 2nd quarter of 2024, the market remains turbulent, marked by persistent challenges such as the Red Sea crisis, Overcapacity, Gemini Cooperation, ILA, Panama Canal, and ETS-induced disruptions. Risk management and contingency planning will continue to take a prominent role as opposed to accurate forecasting and just-in-time logistics ⌛️ 💡In this exclusive session, ocean freight expert Lars Jensen will provide invaluable insights into the current state of the ocean freight market. With Andrew McLoone moderating the discussion, attendees will gain a deeper understanding of the ongoing bottlenecks in the supply chain and the implications for businesses worldwide. Click here to register: https://lnkd.in/gY3tB-6n #PSABDPwebinars #supplychainknowledge

With supply chain disruptions from port strikes and geopolitical tensions, industrial real estate is more crucial than ever. Our team helps clients navigate these uncertainties by securing warehouse and logistics properties, ensuring they’re prepared for challenges like those discussed in Prologis’ latest Global Supply Chain Outlook. Check out today’s article below and contact us with any questions or concerns. We’re here to help. Michael G. Walters, SIOR Executive Managing Director Corporate Services ☎ 201-232-7111 📧 mwalters@naihanson.com Kimberly A. Kocur Senior Vice President | Corporate Services ☎ 908-794-3105 📧 kkocur@naihanson.com Cameron Silverstein ☎ 201-693-7779 📧csilverstein@naihanson.com . . . #supplychain #corporateservices #advisor #cre #industrial #logistics #commercialrealestate #relationships #naihanson

In light of the recent collapse of the Francis Scott Key Bridge in Baltimore, A&M PEPI US professionals are working with clients to navigate the disruptions in their supply chains. With the Port of Baltimore accounting for a significant portion of regional trade, our focus lies on addressing how to mitigate the impact across various industries, including automotive, industrial, and agricultural sectors. As we closely monitor developments and anticipate potential challenges, our team is ready to assist clients in navigating challenges and ensuring operational continuity. Please read our full update here: https://okt.to/oXG3BE #SupplyChain #AMon Tom Skidmore Kent Edgerton Markus Lahrkamp Tim Keneally

📣 Feature PSA BDP webinar alert! 📉 As we venture into the 2nd quarter of 2024, the market remains turbulent, marked by persistent challenges such as the Red Sea crisis, Overcapacity, Gemini Cooperation, ILA, Panama Canal, and ETS-induced disruptions. Risk management and contingency planning will continue to take a prominent role as opposed to accurate forecasting and just-in-time logistics ⌛️ 💡In this exclusive session, ocean freight expert Lars Jensen will provide invaluable insights into the current state of the ocean freight market. With Andrew McLoone moderating the discussion, attendees will gain a deeper understanding of the ongoing bottlenecks in the supply chain and the implications for businesses worldwide. Click here to register: https://lnkd.in/encTuxMN #PSABDPwebinars #supplychainknowledge

How do we ensure robust Road connectivity to ports with a dedicated focus on Port Road Connectivity? Also, what measures can be taken to amplify the role of waterways in regional trade and optimise logistic supply chain efficiency? Jagannarayan Padmanabhan, in his session at the recent PM Gati Shakti Summit, uncovered answers and gave a holistic overview of the PM Gati Shakti initiatives. FICCI

Are you interested in attending a procurement or supply chain themed webinar this week? I track non-promotional events on the Buyers Meeting Point industry calendar. This week's recommendations are below - view the entire calendar here: https://lnkd.in/ehvd9xWj June 18: Ocean Freight: Turning Uncertainty into a Competitive Advantage with Visibility featuring Lars Jensen and Christopher P. Mazza June 20: Communicating effectively through contracts: the dos and don’ts with Milva Finnegan, PhD, Hazel Butler, Stefania Passera, and Paula Doyle June 20: From Risk to Responsibility: Identifying and Mitigating Forced Labor Risks featuring Alexander H. and Jared Ridgley Shippeo IntegrityNext World Commerce & Contracting Vespucci Maritime #webinars #procurement #supplychain