Articles

Supply Chain

IN BRIEF: New Services and Solutions

IN BRIEF: New Services and Solutions

TRANSPORTATION: Maersk, an entity under A.P. Moller-Maersk, and Hapag-Lloyd launched an operational collaboration Gemini Cooperation. Around 340 vessels will be phased in as part of the shared ocean network with the first sailings in February with more vessels to gradually sail on the new schedules. The goal is a flexible and interconnected ocean network with schedule reliability above 90%, once fully implemented

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NOTED: Supply Chain Highlights

NOTED: Supply Chain Highlights

GOOD WORKS: Averitt associates and customers held their annual toy drive to support St. Jude Children’s Research Hospital. Now in its fifth year, the effort has provided thousands of toys to children undergoing treatment at St. Jude.

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Supply Chain Resilience and Risk Management: Definition, Strategies, and Best Practices

Supply Chain Resilience and Risk Management: Definition, Strategies, and Best Practices

Supply chain management faces unprecedented challenges in today’s supply chains, from natural disasters to fluctuating markets. A robust approach to these hurdles is not just beneficial but necessary. Resilience in supply chains allows businesses to respond swiftly and effectively to unforeseen disruptions, maintaining operational continuity and safeguarding revenue streams. Companies that improve supply chain resilience […]

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IN BRIEF: New Services and Solutions

IN BRIEF: New Services and Solutions

OOCL celebrated the naming of its third new 16,828-TEU container vessel, OOCL Sunflower, at Dalian COSCO KHI Ship Engineering Co. in January 2025. The OOCL Sunflower serves its Trans-Pacific Trade ECX1 service. The port rotation is: Hong Kong – Yantian – Xiamen – Shanghai – New York – Savannah – Charleston – Laem Chabang – Cai Mep – Hong Kong in a 91-day round trip.

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6 Types of Wholesaling: A Comprehensive Guide

6 Types of Wholesaling: A Comprehensive Guide

  Wholesaling is a vital part of the wholesale trade and the supply chain, connecting manufacturers with retailers and consumers. It involves buying goods in bulk from manufacturers and wholesale selling them in smaller quantities to retailers or other wholesale businesses. There are different types of wholesaling, each serving different purposes and markets. This comprehensive […]

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Supplier Relationship Management: What It Is, Importance, and Challenges

Supplier Relationship Management: What It Is, Importance, and Challenges

Supplier Relationship Management: What It Is, Importance, and Challenges Supplier relationship management (SRM) is vital for modern business practices. Effective supplier relationship management systems and strategies enhance supplier management, prevent supply chain disruption, and foster strategic alliances. Imagine running a business where every link in your supply chain is seamless and efficient. Sounds ideal? That’s […]

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2025 Winter Reading Guide

2025 Winter Reading Guide

Cozy up this winter with our curated reading list, featuring 12 essential books for logistics and supply chain professionals. Whether you’re navigating the complexities of global trade, exploring GenAI, or optimizing last-mile delivery, these titles are packed with the insights you need.

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Received for Shipment Bill of Lading: Definition, How It Works, and Importance

Received for Shipment Bill of Lading: Definition, How It Works, and Importance

Received for Shipment: Definition, How It Works, and Importance   Understanding the concept of ‘Received for Shipment’ is important in the shipping industry. This notation indicates that the carrier has received the cargo at the port facility for loading onto a specific vessel or voyage and serves to acknowledge receipt of the items for shipment. […]

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What’s Your Supply Chain Resolution for 2025?

What’s Your Supply Chain Resolution for 2025?

Advance claims compliance to further supply chain visibility. Using standardized data sharing and RFID enables swift product identification and streamlines claims-related exchanges, helping stakeholders reduce manual effort. –Jonathan Gregory Director of Global Standards GS1 US Boost supply chain agility with enhanced demand forecasting and automated replenishment as 2025 will come with global trade uncertainty and […]

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Supply Chain Risk Management: Definition, Examples, and Strategies

Supply Chain Risk Management: Definition, Examples, and Strategies

  In an interconnected global economy, smooth supply chain operations are crucial to business success. Yet, with myriad variables and dependencies, supply chains are exposed to many potential disruptions and all types of supply chain risks. Enter supply chain risk management. Supply chain risk management is a strategic approach to identify, assess, and mitigate risks […]

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