Supply Chain Shifts Post-Pandemic Mean Longer Tender Lead Times and Diversification, but Lean Inventories Persist
Supply chain trends have shifted since the COVID-19 pandemic, with a focus on tender lead times increasing by 10-15%. However, fundamental changes like moving away from lean inventories have not occurred, and companies are still practicing just-in-time production. While supply chains are diversifying, there is no mass exodus from manufacturing in China, but rather a focus on supply chain diversification and regionalization to mitigate risks associated with disruptions.
WHO Director-General Tedros Ghebreyesus is sounding the alarm bells about something called "Disease X."
Supply chain trends have shifted since the COVID-19 pandemic, with a focus on tender lead times increasing by 10-15%.
Sarasota County Area Transit (SCAT) and Manatee County Area Transit (MCAT) are grappling with declining ridership and financial challenges, exacerbated by the COVID-19 pandemic.
As the nation emerged from the pandemic, smash-and-grab robberies drew attention in California, targeting high-end stores.
The COVID-19 pandemic forced a massive shift to remote work, leading to a surprising revelation that remote employees are not slackers but, in fact, work slightly longer hours than their office-based counterparts.
The number of blank sailings in the global container shipping market has reached its lowest point since the pandemic began, indicating a path toward normalization, according to Sea-Intelligence.
Descartes Systems Group's Global Shipping Report reveals that container import volumes in the United States slightly decreased in June compared to May 2023 but were significantly higher than pre-pandemic levels in June 2019.
Instant Brands, the maker of the popular Instant Pot cooker and Pyrex glassware, has filed for Chapter 11 bankruptcy protection due to ongoing financial struggles caused by supply chain pressures.
The decrease in strains on global supply chains earlier this year led some to believe that the disruptions caused by the pandemic were coming to an end, but experts argue that a return to normal doesn't mean a return to conventional supply chain practices.
Ocean shipping rates are returning to pre-pandemic levels as volumes decrease and new capacity comes online.
Toyota is reevaluating its inventory management approach after the pandemic highlighted the challenges of operating a just-in-time supply chain.
The COVID-19 pandemic led many companies to reevaluate their supply chains, which relied heavily on China, and look for alternatives such as India, which offers low-cost production.
Initially, the sudden surge in demand for essential goods, such as medical supplies and food, resulted in shortages and stockouts.
The retailer filed for Chapter 11 bankruptcy after a series of competitive challenges struck the business, including social gatherings being shunned over the pandemic era and inflation costing the company.
During the early days of the Covid-19 shutdowns, Americans were eager to source up their homes and backyards with new furnishes.
The Food and Drug Administration announced early into the pandemic that N95 respirators were in short supply.
In March 2020, the Federal Motor Carrier Safety Administration issued an emergency order in light of the pandemic, providing some regulatory relief from a handful hours-of-service regulations truckers had been relegated to previously.
Across the United States, municipal governments are tightening their belts as the financial support from the pandemic era fades and inflation persists.