Supply Chains Urged to Prioritize Cargo Insurance Coverage

Supply Chains Urged to Prioritize Cargo Insurance Coverage

Cargo insurance is a crucial component of supply chain risk management, effectively bridging the gap between carrier liability limitations and standard insurance policies. Its advantages include customization and broad coverage, allowing for flexible adjustments based on cargo characteristics and transportation methods. This enables businesses to mitigate potential losses and ensure supply chain stability. It provides financial protection against damage, loss, or theft during transit, safeguarding businesses from disruptions and financial setbacks. By tailoring coverage to specific needs, cargo insurance offers a proactive approach to managing risks associated with freight transportation.

01/22/2026 Logistics Encyclopedia
Read More
Firms Prioritize Resilient Supply Chains Over Costcutting

Firms Prioritize Resilient Supply Chains Over Costcutting

This paper argues that traditional supply chain management overly focuses on cost control and supplier monitoring, neglecting the importance of supply chain resilience. It emphasizes that supply chain management should prioritize optimizing supply chain structure, enhancing the ability to withstand external shocks, and gaining a deep understanding of supplier market characteristics. By analyzing supply chain elasticity, the vulnerability of the supply chain can be assessed and improved, ultimately building a more competitive supply chain network. This shift in focus allows for proactive risk mitigation and a more robust response to disruptions.

11/03/2025 Logistics Industry Insights
Read More
Texas Floods Disrupt Global Dry Bulk Trade Strain Supply Chains

Texas Floods Disrupt Global Dry Bulk Trade Strain Supply Chains

The flooding in Texas has disrupted dry bulk transportation at the ports of Corpus Christi, Houston, and Galveston, leading to ship backlogs and transportation delays. This is expected to increase regional freight rates and impact supply chain stability. Market participants need to enhance their preparedness to handle future uncertainties and potential economic fluctuations.

08/06/2025 Logistics
Read More
Efficient Supply Chain The Key to Leading the Market in the Consumer Goods Industry

Efficient Supply Chain The Key to Leading the Market in the Consumer Goods Industry

This article explores how to achieve efficient logistics and agile responses in the consumer goods industry through supply chain management optimization in a volatile market environment. It emphasizes the importance of timely delivery, cost-effectiveness, and environmentally friendly operations, proposing integrated logistics solutions as a key driver of corporate competitiveness.

11/30/-0001 Logistics Industry Insights
Read More
Realtime Logistics Monitoring How To Utilize Earth Observation Data To Optimize Supply Chain Management

Realtime Logistics Monitoring How To Utilize Earth Observation Data To Optimize Supply Chain Management

This article explores the application of Earth observation data in real-time logistics monitoring, enhancing the ability to track logistics assets and improve supply chain visibility through the integration of satellite data and intelligent devices. Although current use cases are limited, the potential for optimizing inventory, routes, and overall operational efficiency is gradually becoming evident with technological advancements.

07/24/2025 Logistics Industry Insights
Read More
Businesses Adapt Supply Chains to Weather Disruptions

Businesses Adapt Supply Chains to Weather Disruptions

Extreme weather events disrupt logistics and transportation. How can businesses respond? This article offers strategies for building a resilient supply chain, focusing on five key areas: communication, resources, technology, collaboration, and risk management. By implementing these strategies, companies can navigate adversity, maintain business stability, and overcome challenges posed by severe weather conditions. The aim is to help businesses proactively prepare for and effectively mitigate the impact of disruptions on their supply chains.

01/19/2026 Logistics
Read More
Guide to Building Resilient Supply Chains Amid Disruptions

Guide to Building Resilient Supply Chains Amid Disruptions

This practical guide, 'Supply Chain Management: From Beginner to Expert,' bridges the gap between supply chain education and career advancement. Written from a practitioner's perspective, it explains core supply chain modules in simple language, integrating practical experience with international concepts. The book constructs practical solutions applicable across industries, helping readers tackle supply chain challenges and achieve career growth. It provides actionable insights and real-world examples to equip individuals with the necessary skills to excel in the dynamic field of supply chain management.

01/15/2026 Logistics Encyclopedia
Read More