Supply Chain Visions’ Post

The recent bridge collapse in Baltimore, Maryland, will cause widespread disruption to the supply chain. Here are a few quick takeaways: 1) Experts warn of up to seven months of disruption. 2) The Port of Baltimore (the 17th largest in the world) is shut down indefinitely, causing short-term supply constraints as ships are re-routed. Other ports will have to pick up the slack, but this is not just a Mid-Atlantic and East Coast issue. To help mitigate the disruption this is causing, we are waiving the first month's fee for those with emergency storage needs.

The Baltimore bridge collapse exposes a critical vulnerability: point disruptions can cripple  supply chain network. Businesses reliant on that bridge now face delays and reroutes.  Is your supply chain prepared for detours or unforeseen events? This incident extends beyond Baltimore. Imagine major ports becoming inaccessible due to maritime safety lapses.  The ripple effect on the entire supply chain would be immense. This highlights the need for stricter communication protocols, stronger regulations, and technology to prevent future collisions. While the economic impact of bridge closures is undeniable, it's also an opportunity. Businesses can collaborate with authorities to rebuild and revitalize the local economy.  The key takeaway? Proactive planning with risk mitigation strategies is crucial for building a resilient supply chain ready to navigate the unexpected. We are the experts, the experts turn to. https://lnkd.in/gkir7hbY Clearance level upon request. #SupplyChain #SupplyChainManagement #SupplyChains #GlobalBusiness #GlobalEconomy #LogisticsManagement #BusinessAnalytics #ProcurementLeaders #Procurement #SupplyChainSolutions #GeoPolitics Photo Credit CNN

The recent bridge collapse in Baltimore exposes a critical vulnerability in our  supply chains. Businesses relying on an operating port to receive and berth cargo ships, then connect to robust and available highway bridge transportation is now shut down. We face a ripple of shortages, disruptions, and delays up and down the East Coast. This serves as a wake-up call. Can your supply chain survive an unexpected disruption or activate an alternative route? Looking beyond Baltimore, imagine the ripple effect on the entire supply chain if major ports became inaccessible due to maritime safety lapses. The Baltimore incident underscores the need for tighter communication protocols, stricter enforcement of regulations, and leveraging technology to prevent future collisions that could cripple vital shipping lanes. The economic impact of such infrastructure failures is undeniable. Bridge closures can lead to business closures, job losses, and economic hardship. Rebuilding requires collaboration between businesses, authorities, and infrastructure experts to restore transportation links and revitalize local economies. But this is also an opportunity. By incorporating risk mitigation strategies into supply chains, businesses can become less susceptible to future disruptions. Proactive planning is the key to navigating the unexpected and ensuring a resilient supply chain. We are the experts the experts turn to. https://lnkd.in/gkir7hbY Clearance level upon request. #SupplyChain #SupplyChainManagement #SupplyChains #GlobalBusiness #GlobalEconomy #LogisticsManagement #BusinessAnalytics #ProcurementLeaders #Procurement #SupplyChainSolutions #GeoPolitics Photo Credit PBS News

The Port of Baltimore, which handled nearly $81 billion in foreign goods last year, is closed. Who bears the third-party losses for goods that are stranded, delayed, or need to be re-routed? What about projects that are impacted because of delayed materials and equipment? Recorded in 2020, Partner Thomas G. Allen’s discussion surrounding Force Majeure and supply chain disruptions at the beginning of the pandemic is just as relevant today, particularly in light of the Francis Scott Key Bridge collapse in Baltimore. Learn more from Thomas: https://lnkd.in/efu3pe83

Domino Effect: Baltimore Bridge Collapse & The Supply Chain Scramble #LogisticsLife The Baltimore bridge collapse has the logistics world turned upside down! Ocean carriers are invoking "force majeure" and U.S. companies are scrambling to reroute cargo to alternate ports. This is a real-life domino effect, highlighting how disruptions in one area can quickly ripple throughout the entire supply chain. Here's the question: How can we, as logistics professionals, be better prepared for these unforeseen events? #BaltimoreBridge #SupplyChainDisruptions #Logistics #Supplychain

Navigating Through Chaos: The Impact of Baltimore’s Bridge Collapse on Logistics and Supply Chains 🚛🚢 In a year already packed with logistical challenges, the recent collapse of the Francis Scott Key Bridge in Baltimore has added a significant hurdle for logistics and supply chain professionals. The bridge’s unexpected collapse, caused by a collision with the cargo ship Dali, has profound implications, especially considering the Port of Baltimore’s critical role in the United States’ logistics network. The Ripple Effects 🌊 The Port of Baltimore, renowned for its significant role in handling foreign cargo and serving as a pivotal point for automobile imports and other significant commodities, finds itself at the heart of this logistical quandary. As a result, cargo destined for Baltimore is now being rerouted to other East Coast ports. This change necessitates a swift adaptation in trucking routes and rail connections, impacting not just the flow of goods but also the strategic planning of logistics companies. A Test of Resilience and Adaptability 🛠 Despite the immediate disruptions, the overall sentiment among experts is one of resilience. The logistics and supply chain ecosystem are well-equipped to manage this crisis, with ports from New York to Georgia ready to absorb the redirected cargo and mitigate the fallout from the bridge collapse. The broader implications of the incident underscore the interconnected nature of global supply chains and the importance of agility in the face of unforeseen events. Companies are already making strategic adjustments, highlighting the critical role of robust logistics networks in maintaining the flow of commerce, even when faced with significant obstacles. Looking Ahead: Recovery and Rebuilding 🏗 The focus will inevitably shift towards recovery and the rebuilding of the collapsed bridge. The resilience of the supply chain, demonstrated by the swift rerouting actions and strategic adjustments by logistics professionals, serves as a testament to the sector’s ability to adapt and overcome. Conclusion: A United Front in Logistics 💪 The Baltimore bridge collapse represents a significant challenge but also offers an opportunity for the logistics and supply chain community to come together, innovate, and demonstrate the resilience that defines the industry. As we continue to monitor the situation and adapt to the changing landscape, let’s keep the conversation going. #Logistics #SupplyChainManagement #Resilience #Innovation #BaltimoreBridgeCollapse #Infrastructure #StrategicPlanning #ladiesintrucking #trucking

The collapse of the Francis Scott Key Bridge has resulted in the closure of the Port of Baltimore, which ranks 9th in total tonnage and dollar value of foreign cargo. This will profoundly impact the global supply chain. Access to accurate data is not only crucial for preparing for such disruptions but also enables businesses to improve logistics and inventory management and increase visibility across the supply chain.

The collapse of the Francis Scott Key Bridge has resulted in the closure of the Port of Baltimore, which ranks 9th in total tonnage and dollar value of foreign cargo. This will profoundly impact the global supply chain. Access to accurate data is not only crucial for preparing for such disruptions but also enables businesses to improve logistics and inventory management and increase visibility across the supply chain.

In the wake of yesterday's tragic events in Baltimore, logistics specialists are now scrambling to reroute cargo as the US braces for supply chain disruptions. The 11th largest port in the nation, Baltimore averages over 200 calls a month. #logistics #operationsmanagement #shipping #shippingindustry #supplychain Shipping | Warehousing | Supply | New Age Protection Inc.

As the operation in Baltimore now turns to an investigation following the tragic collapse of the Francis Scott Key Bridge this week, our thoughts and prayers remain with those affected by this terrible accident.   With the port moving three million tons of cargo in 2023, the repercussions on supply chains will no doubt echo for some time, however Reuters report that other East coast ports are ready to absorb any surge in container traffic: https://lnkd.in/enRa7V2H   This brings us round to the ever-present topic of #SupplyChain #Agility & #RiskManagement in supply chains. We see this daily when recruiting Supply Chain #Talent for our clients, it is the number one soft skill in demand and has been since the onset of the pandemic. As long as global supply chains continue to be disrupted by unfortunate accidents, or war or climate change (witness recent difficulties in the Suez & Panama canals), agility will remain the No.1 soft skill needed in Supply Chain teams to be able to quickly adapt to any situation