The next phase of supply chain management will be defined by how effectively companies can ensure that product identity remains accurate, aligned and executable across their network.
The NPC warns that the U.K. has done a poor job stockpiling everything from critical medicines to food supplies, leaving the country exposed to cascading economic disruptions.
European productivity growth has continued to lag behind the U.S., putting added pressure on exporters already grappling with weaker global demand and trade uncertainty.
Eric Heath, managing director with Bluejay Advisors, observes recent improvement in the state of the freight market — but says the story isn’t so simple.
While the immediate impacts of the ruling have yet to fully take shape, what's clear is that moving forward, freight brokers will have to take on substantially more liability.
Daniel Pickard, attorney with Buchanan Ingersoll & Rooney, discusses the subtler and long-last impacts that the closure of the Strait of Hormuz will have on global supply chains.