COVID-19 Lesson: Make Your Supply Chain More Resilient

| March 31, 2020

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Until the Coronavirus began wreaking its havoc, global companies could run their supply chains on the assumption that disruptions would be rare and short-lived, and that products should be sourced, produced, and distributed at the cheapest locations to be found, wherever in the world that may be. The pandemic, however, has exposed the risk, like never before, of concentrating sources in one location—especially when it’s far away from a company’s headquarters and markets.

Spotlight

Eimskip

Eimskip was founded in 1914 and is a publicly traded company with its shares listed at Nasdaq Iceland. The company runs a network of 58 offices in 19 countries, operates 20 vessels and has about 1,640 employees. Approximately half of Eimskip’s revenue comes from operations outside Iceland. The company’s vision is to provide outstanding transportation services through a dependable transport system in the North Atlantic and an extensive worldwide network of reefer logistics services.

OTHER ARTICLES

How AI is used to power logistics

Article | March 10, 2020

There’s no shortage of challenges for the logistics industry, whether it’s growing global tensions or trade wars. But technology is providing opportunities for improvement – and artificial intelligence (AI) is driving a lot of that change. Data in logistics was historically underutilised. But now the ability to capture and organise big data is enabling innovation in advanced analytics, automation and artificial and augmented intelligence – optimising entire delivery cycles as a result.

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Can blockchain create a sustainable supply chain?

Article | March 10, 2020

Was the cobalt in your phone dug up by a child miner or the cotton for your clothes farmed by slave labour? How much CO2 was emitted or plastic wasted manufacturing the cars we drive? Impossible questions for the end consumer, and deeply challenging for producers themselves, but new technology could finally be providing sustainable supply chain solutions.

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Emission-free shipping: Ways of sustainable transport on the seas

Article | March 10, 2020

Around 90 % of the world’s goods are currently transported by ships causing nearly 3 % of total global carbon dioxide (CO2) emissions. This makes it one of the largest polluters in the transport industry, with international merchant ships and large freighters responsible for the lion’s share of these emissions. As a result of the impending climate crisis and the need to reduce global emissions, various organizations, including shipping companies themselves as well as governments, aim to achieve carbon-neutral water transport in the coming years.

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Cloud and cyber: benefits and challenges for supply chains

Article | March 10, 2020

Supply Chain Digital sits down with cloud and cyber experts to discuss the adoption of these technologies in the supply chain industry. “Disruptions within supply chains are becoming more common,” says Tim Mackey, Senior Principal Consultant at Synopsys CyRC. “Suppliers at every level need to understand not only what the risk of attack they might bear is, but also how any disruption in their operations will impact their consumers. When it comes to cyber attacks, it is the attacker who defines the rules. They decide the timing and the nature of their efforts. If successful, they also define what type of disruptive activity they perform.

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Spotlight

Eimskip

Eimskip was founded in 1914 and is a publicly traded company with its shares listed at Nasdaq Iceland. The company runs a network of 58 offices in 19 countries, operates 20 vessels and has about 1,640 employees. Approximately half of Eimskip’s revenue comes from operations outside Iceland. The company’s vision is to provide outstanding transportation services through a dependable transport system in the North Atlantic and an extensive worldwide network of reefer logistics services.

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