Cargo tracking and traceability are central to supply chain management. Tracking ensures real-time monitoring, while traceability guarantees product transparency and safety. The combination of both enhances efficiency, reduces risks, and meets the demands of the modern market.
The COVID-19 pandemic has highlighted the importance of supply chain resilience. This paper explores how companies can build more resilient supply chains to address the challenges posed by the ongoing pandemic from five perspectives: supply chain design, demand and supply strategies, demand and supply balancing, agile supply chain execution, and B2C trends. It provides insights and references for companies to enhance their supply chain's ability to withstand risks and disruptions, ultimately improving overall operational robustness in a volatile environment.
The Port of Oakland experienced a 15% year-over-year decrease in cargo volume in August, reflecting weakened retail demand and declining exports. While increased vessel calls and high commercial property occupancy offer positive indicators, global trade slowdown and supply chain diversification pose ongoing challenges. The port needs to adapt to the new economic environment and achieve sustainable development through strategic adjustments such as improving operational efficiency, expanding diversified services, and strengthening inland connections. These measures are crucial to navigate the current economic climate and ensure future growth.
Twelve global cocoa giants are collaborating with the World Cocoa Foundation (WCF) to eliminate deforestation in the cocoa supply chain. Initially focusing on Ghana and Côte d'Ivoire, the project aims to build a sustainable cocoa production ecosystem by improving farmer livelihoods, addressing climate change, eliminating child labor, and preventing diseases. Working with the African Development Bank and governments, the initiative promotes crop diversification to achieve unified environmental, economic, and social benefits. This collaborative effort seeks to ensure a more responsible and resilient future for the cocoa industry and the forests it impacts.
This article explores how the fast-moving consumer goods (FMCG) industry adapts to the ever-changing consumer demands and market challenges. It emphasizes the importance of flexible supply chains and integrated logistics solutions to enhance corporate competitiveness and responsiveness to market changes.
MyMaerskSupplychain is Maersk's digital supply chain platform, offering features like cargo tracking and reporting to optimize logistics and reduce costs. The platform aims to provide end-to-end visibility and control over the supply chain. Future developments will integrate AI and other advanced technologies to further enhance efficiency and decision-making capabilities. This will enable users to proactively manage disruptions and improve overall supply chain performance. The platform aims to be a central hub for all supply chain related activities.
The pandemic has accelerated retail supply chain transformation, making omnichannel strategies critical for survival. Businesses need to enhance supply chain resilience by diversifying suppliers, shortening chains, and leveraging digital technologies. Digital transformation drives supply chain upgrades, enabling demand forecasting, smart warehousing, and optimized logistics. The future retail supply chain will be more agile, intelligent, and sustainable. This requires a focus on data-driven decision making and seamless integration across all channels to meet evolving customer expectations and navigate future disruptions effectively.
The annual State of Logistics Report, released by the Council of Supply Chain Management Professionals (CSCMP), indicates that businesses are facing dual uncertainties in both supply chains and the economy. The report emphasizes that by embracing digital transformation, diversifying supply chain layouts, strengthening risk management, enhancing talent reserves, and fostering collaboration, companies can build more resilient supply chains and find growth opportunities amidst uncertainty. This requires a proactive approach to adapt to disruptions and build a more agile and responsive supply chain network.
The Nexperia case exposed the geopolitical vulnerabilities of the automotive supply chain. Automakers should adopt measures such as diversifying sourcing, enhancing supply chain visibility, standardizing component specifications, employing traceability tools, and conducting regular stress tests. By implementing these strategies, they can build a more resilient supply chain capable of withstanding future uncertainties and mitigating potential disruptions caused by geopolitical events.
Hurricane Ian severely impacted Florida, leading to service suspensions by UPS, FedEx, and USPS, causing supply chain disruptions. Businesses need to strengthen risk management, diversify supply chain networks, and establish contingency plans to enhance supply chain resilience in order to cope with future challenges. The disruptions caused by the hurricane highlight the vulnerability of concentrated supply chains and the importance of proactive planning to mitigate potential risks and ensure business continuity in the face of unforeseen events.
