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In short, increased demand for physical goods – as well as China’s massively growing export market – has made shipping containers scarce, and shipping more expensive, harder to come by, and more bottlenecked. On one level, it’s a simple matter of supply and demand. Prioritizing supplychainvisibility.
The recent US-China trade war, Brexit, even the COVID-19 pandemic all sparked new regulations that caused prices and tariffs to fluctuate wildly and interrupted supplychains globally. Supplychainmanagement has entered the realm of digitalization, receiving all the benefits and challenges that come with it.
Subscribe to SupplyChain Game Changer. Common Mistakes in Importing and Exporting! MSC’s Medlog says it’s the world’s geographically widest logistics and supplychain provider, with a presence in 60+ countries, including multiple container terminals. Subscribe Here! Email Address. Infographic).
It’s no surprise, then, that blockchain has created a buzz in the supplychainmanagement industry. The Blockchain in Action — Walmart’s Mangoes For a clear example of how blockchain technology can bring value to supplychainmanagement, we can examine the project Walmart launched with its sliced mangoes.
It’s no surprise, then, that blockchain has created a buzz in the supplychainmanagement industry. For a clear example of how blockchain technology can bring value to supplychainmanagement, we can examine the project Walmart launched with its sliced mangoes. The Blockchain in Action — Walmart’s Mangoes.
China accounts for about half of America’s soybean exports, worth about $14bn annually, CNBC says. The South China Morning Post said China is likely to cancel orders for 1.1 million tons of soybeans from the U.S. Chinese newspapers described the move as a counterstrike in an escalating trade war. China has already made preparations.
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