In SCM, a supply chain manager coordinates the logistics of all the aspects of the supply chain which consists of five parts: the plan or strategy, the source of raw materials and services, manufacturing, i.e., productivity and efficiency, delivery and logistics, the return system for defective and unwanted goods etc. The phenomenon that fluctuation in orders increases as one moves up the supply chain from retailers to wholesalers to manufacturers to suppliers is referred to the bullwhip effect. Managers can help achieve coordination in supply chain by aligning goals and incentives across different functions and stages of the supply chain. When supply chain moves from retailers to wholesalers to manufacturers to suppliers, the bullwhip effect occurs. It results in different stages optimizing local objectives instead of total supply chain profits. The bullwhip effect results in costs in the supply chain and decrease in levels of customer service.
Brown notes that trucking companies can’t realistically expect to get “lifer” employees anymore – the guys and gals who stick with a company for their entire career. Logistic activities undertaken in-house by the users of the services and the operations of external service providers. How and why the driver shortage issue developed and possible solutions one of the reason of the shortage, according to ATA is explosion of shopping due to retail giant Amazon and Walmart. Although ATA wanted some attention from government arguing systematically about driver shortage issue. Some trucking companies are working harder to make the profession suitable to women by addressing some of the issues like safety, comfort and the ability to juggle driving career with family life. The BLS says that if wage adjustment and other regular formalities allow fix driver shortage, why there should be an issue of driver shortage since 1980. All firms and relationships that get a product to market, including the original acquisition of raw materials; production of the item at a manufacturing facility; distribution to a retailer; sale of the finished item to the customer, and any installation, repair, or service activities that follow the sale.
Keywords: Driver shortage, supply chain,North America, USA, Canada etc.
Existing amenities not enough to store, deliver large volume of vaccines within a short time, say experts The governments are considering banking on the existing cold chain for storing, transporting and distributing coronavirus vaccines while some professionals say the main challenge will be to manage such a large volume with the existing capacity. On November 5,2020 the Bangladesh government signed a trilateral memorandum of understanding (MoU) with Serum Institute of India and Bangladesh’s Beximco Pharmaceuticals Ltd to get three crore doses of Covid-19 vaccines from Serum, keeping in mind the existing cold chain. In 2020 during the COVID-19 pandemic, vaccines being developed may need ultra-cold storage and transportation temperatures as cold as −70 °C (−94 °F), requiring what has been referred to as a “colder chain” infrastructure. Disruption of a cold chain due to war may produce consequences similar to the smallpox outbreaks in the Philippines during the Spanish–American War, during which the distributed vaccines were inert due to lack of temperature control in transport. There are no uniform global practices to follow, customs, legal, and compliance issues, effects on the environment, supplier-related risks, issues with cold chain delivery — packaging, hardware issues, vehicle breakdown, etc. Besides the usual elements of risk that plague normal supply chains, cold chain logistics has its own exclusive set of problems such as product sensitivity, the increasing cost of freight, and growing regulatory hurdles.
Keywords: Cold Chain, Supply chain management, Vaccines, food.
In 1999, the company was acquired by VF Corporation, and was renamed as The Force in 2005, but reverted to the original brand name in 2010. In 2021, the Horace Small brand was sold to Redwood Capital Investments, LLC; and later became part of Workwear Outfitters. VF Corporation (VFC), an international footwear and apparel company founded in 1899 and headquartered in Denver, Colorado owns 19 brands including Altra, Bulwark, Dickies, Eagle Creek, Eastpak, Horace Small, Jansport, Kipling, Kodiak, Napapijri, Red Kap, Smartwool, Terra, The North Face, Timberland, VF Solutions, Vans, Walls, and Icebreaker.
Supply Chain Security Monitoring Services provides a full spectrum of end-to-end services for cargo security monitoring and tracking to all stakeholders, throughout the supply chain from point of origination to point of destination. The monitoring solution strategy includes but is not limited to optimizing container logistics processes, improvement of supply chain efficiency and reducing costs, achievement of more efficient and individual container traceability, deterioration theft, diversion, and counterfeiting, receiving notifications when an exception occurs in any given process, etc. In addition to cargo and driver security, dual-mode devices provide several additional features and benefits to shippers and transporters to improve operational efficiency throughout the supply chain.
Hennes & Mauritz AB is a Swedish multinational clothing-retail company known for its fast-fashion clothing for men, women, teenagers, and children. As of November 2019, H&M operates in 74 countries with over 5,000 stores under the various company brands, with 126,000 full-time equivalent positions. It is the second-largest global clothing retailer, behind Spain-based Inditex (parent company of Zara). Founded by Erling Persson and run by his son Stefan Persson and Helena Helmersson, the company makes its online shopping available in 33 countries.
Abstract: Incoterms are last amended by ICC on January 01, 2013.Some essential incoterms are highlighted below: The incoterms EXW can be defined as an agreement between a buyer and a seller that after production completed and left warehouse of the seller, seller is not responsible for cost and liability for the product. Incoterms FOB and EXW can be used interchangeably while consider terms and agreement between buyer and seller.Seller is not responsible for loading the goods unless specified otherwise and buyer is responsible for doing insurance for EXW shipments under the buyer’s Ocean Cargo Policy.Free Carrier While using the incoterm FCA , the Seller agrees to give delivery of the goods into the custody f the forwarder, freight forwarder etc.Free on Board(Named port of shipment) The incoterm FOB is from thepoint of delivery of goods and transfer of risk, it starts with the goods pass the ship’s rail at the named port of shipment. Except CIP and CIF , incoterms do not have any obligation on the Seller and Buyer to provide insurance. Keywords: Freight collect, Incoterms,EXW, FCA, FOB Article: Introduction: Incoterms are nothing but some International Commercial terms published by the International Chamber of Commerce to clearly communicate the associated risks, costs, tasks, etc. evolved with international procurement and logistics.…