Impacts to supply chains from the conflict in the Red Sea have just begun. See three factors global shippers need to be prepared for as the disruption continues, including how the timing of other supply chain disruptions, such as Lunar New Year, will ele
People in the U.K. could soonface a shortage of teabecause of supply chain disruptions caused by the ongoing crisis in the Red Sea, according to members of the U.K. supermarket industry. According to Reuters, the British Retail Consortium — a trade association for retailers in the U.K...
The Red Sea crisis is a stark reminder of the interconnectedness of global supply chains and the need for adaptability, resilience, and strategic planning to withstand supply chain disruption. Infor Nexus offers next-generation sense-and-respond solutions that enable data-driven, predictive insights an...
2023 ended with new disruptions for trade and supply chains following the security crisis in the Red Sea and there’s no end in sight yet. To avoid Houthi militant attacks on their vessels in the Gulf of Aden and the Red Sea, shipping companies and their clients continue to avo...
This supply chain disruption is the latest blow for Tesla’s European operations. Over the last few months, the company has been battling the worst strikes in its history in Sweden, intense competition from rivals, and plummeting European sales. ...
Related: These retail stocks could be exposed to Red Sea disruption, say analysts These include rerouting cargo around the Cape of Good Hope, a longer journey that adds 10 to 14 days to members’ supply chains. “NRF members have to rely on the decision of the carrier...
Sameer Anand, supply chain leader withEY-Parthenon Americas, discusses how retailers and brands are altering their sourcing strategies in response to the latest global supply chain disruption. Multiple categories of consumer products have been impacted by the attacks on shipping in the ...
(third-party logistics providers) worldwide. The webinar “From Disruption to Adaptation: Navigating Through the Impact of a Red Sea Crisis” organized by the Global Supply Chain Council and supported by Infor Nexus, explores the potential risks to the global supply chain and how technology can ...
INSIGHT: Asia chemical prices rise in January on Red Sea shipping disruption - ICIS analystsSINGAPORE (ICIS)--The Asian petrochemical market has seen prices surge in January on growing concerns over the Red Sea supply chain crisis. Holiday-relevant restocking also helps. About 81% of the 31 ...
Red Sea disruption 'worse than Ever Given' but 'not as bad as Covid': Analyst Several European firms, including Sweden's Ikea, British retailer Next and appliance firm Electrolux, have warned of delays on some products due to supply chain disruption. Maersk had resumed travel through the Red...