Issue 5: Supply Chain Scoop
Reuters Events: Supply Chain
The place for strategic insights for the supply chain community.
Newsletter Content
The key question for supply chain professionals this week is have you prepared your shipping strategy enough for the peak season? With shipments taking an average of eight days longer as of the midpoint of this year, planners are already having to account for changing schedules. On top of that potential strike action threatens the critical flow of goods in North America, which is pushing back the peak shipping window. Check out the key risks and strategic shifts in this edition of the Supply Chain Scoop.
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Article of The Week
Container ships are taking longer routes in 2024, contributing to an eight day increase in the global average time between making booking and receiving goods.
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Top 5 'Need to Know'
A potential strike at U.S. seaports on the East Coast and Gulf of Mexico could back up cargo there for weeks or even months, shipping experts said on Wednesday.
North American industry groups and shippers are bracing for an unprecedented simultaneous stoppage at both of Canada's main railway companies that could inflict billions of dollars' worth of economic damage.
China will impose export limits on antimony and related elements in the name of national security, its commerce ministry said on Thursday, Beijing's latest move to restrict shipments of critical minerals in which it is the dominant supplier.
U.S. retailers' early back-to-school, Halloween and Christmas holiday imports could lessen cargo delays and financial damage should workers at vital seaports such as New York and Houston strike in October, a trade economist said on Tuesday.
The diverging fortunes of China's e-commerce giants show how different strategies of coping with the country's economic slowdown are playing out.
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Something to Watch
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From Us
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Companies are failing to provide a strong cross-border e-commerce service, as 58% of consumers who buy internationally report unforeseen charges, leading many to refuse to take delivery.
An estimated 49 million organisations were impacted according to analysis by Interos, demonstrating the vulnerabilities of supply chains to cyber risks.
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Meet the Experts at Our Events
Supply Chain Europe 2024 (October 28-29, Amsterdam)
Find out who is attending Supply Chain Europe - access the list here and find out who has reserved their spot this year
Brands attending include:
Amer Sports, Electrolux, Nike, SWM, Ikea, Jaguar Land Rover, Danone, Unilever, Rolls Royce, MSD, West Wing, Bic, Sandvik Mining, Safran, Nokia, Burberry, Flaconi, Henkel, Estée Lauder
Europe’s senior leaders committed to the conference:
To see the full list of current attendees, follow this link
Have questions about Reuters Events content or conferences? Connect with the team; we're happy to help.
Abigail Blackwell - Global Project Director
Hew Rous-Eyre - Global Project Director
Paddy Le Count - Head of Supply Chain
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Thank you for reading the fifth issue of our new bi-weekly newsletter, Supply Chain Scoop. Don't forget to leave a comment to join the conversation!
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