Related Posts
The Red Sea: A discussion in a supply chain perspective
- ikram
- January 12, 2024
- 0
The Red Sea, a major sea route connecting Europe, the Persian Gulf, and East Asia, is facing increased attacks by Houthi insurgents in Yemen since mid-November 2023. The US has announced a maritime coalition to defend shipping in the area. The Eastern shore includes Saudi Arabia and Yemen, while the Western shore includes Egypt, Sudan, Eritrea, and Djibouti. Maersk has halted all transits through the Red Sea/Gulf of Aden until further notice, while Hapag-Lloyd has extended its rerouting around Africa. CMA CGM has announced rate increases from Asia to North Europe, and carriers are redirecting Asia to US East Coast services via Panama.
The blockchain technology in procurement related issues: A discussion
- ikram
- October 30, 2019
- 0
Spread the love Abstract: The e-Commerce platform can potentially evolve as a self-managed platform allowing the suppliers to add their products online and buyers to transact on this platform within the constraints defined in the smart contract framework. A block chain-powered solution can provide a robust platform for suppliers and buyers to collaborate and manage an online store. Using block […]
Post Covid-19 Supply Chains: A Brief Discussion
- ikram
- December 1, 2023
- 0
The U.S.-China trade war and the Covid-19 crisis have prompted manufacturers worldwide to reassess their supply chains, focusing on increasing domestic production, boosting employment in their home countries, reducing dependence on risky sources, and rethinking lean inventories and just-in-time replenishment strategies. The pandemic has exposed vulnerabilities in production strategies and supply chains, leading to increased political and competitive pressures. Modern products often require specialized technological skills, and manufacturers often rely on suppliers and subcontractors who focus on specific areas. However, relying on a single supplier deep in their network increases disruption risks. To mitigate these risks, manufacturers should categorize suppliers as low-, medium-, or high-risk, using metrics like revenue impact, factory recovery time, and alternate sources.