Lloyd's List maritime data found that ships that have been trapped in the strait since February have already started exiting the waterway.

Redesign the operating model, not just the network, the annual report's authors concluded.

There are over 40 vessels laden with fertilizer in the strait, according to tanker-tracking data compiled by Bloomberg and Kpler.

The new rules are designed to ensure that the final prices of food products better reflect production costs, while providing more income to farmers.

Supply-chain leaders are considering integration upgrades because volatility has become permanent.

This comes as the Trump administration has sought to pressure trade partners to strengthen their own forced labor enforcement measures.

Historically, sanctions have been the purview of legal and compliance pros. More recently, they’ve become a challenge for operations, finance and management.

The distributors who navigate the next five years will be the ones whose teams trust what the numbers are telling them, then quickly act on that information. 

Even if traffic fully returns to the strait when (or if) the deal becomes official, the months-long global oil supply crisis won't simply resolve itself overnight.

Procurement’s influence within the enterprise has expanded significantly over the past few years. The more important question now is how that influence translates into measurable outcomes.