TPM22: Relationships really do matter when the going gets tough
This week’s Transpacific Maritime Conference (TPM) in Long Beach, California, brought thousands of BCOs, forwarders, ...
PEP: ACTIVIST INTERESTPLD: SECURING FUNDING FLEXIBILITYMAERSK: CAUTIOUS AT PEAK FWRD: UPS AND DOWNSCHRW: NEW RECORDCHRW: BUILDING ON STRENGTHFDX: GETTING OUTAAPL: AI POWERDSV: NEOM PROJECT RISK HLAG: 'USTR RISK' HLAG: INVENTORY LEVELSHLAG: CRYSTAL BALL
PEP: ACTIVIST INTERESTPLD: SECURING FUNDING FLEXIBILITYMAERSK: CAUTIOUS AT PEAK FWRD: UPS AND DOWNSCHRW: NEW RECORDCHRW: BUILDING ON STRENGTHFDX: GETTING OUTAAPL: AI POWERDSV: NEOM PROJECT RISK HLAG: 'USTR RISK' HLAG: INVENTORY LEVELSHLAG: CRYSTAL BALL
Crocs, the shoe company, has a big advantage when it comes to supply chains. The ubiquitous clogs are easy to make and so it takes little time to open new production facilities. As a result, it has diversified its manufacturing quickly, moving away from Vietnam, which has been hit by lockdowns, to China and Bosnia, and ramping-up production in Indonesia. Its Asian sourcing, however, still sees its inventory clogged up (excuse the pun) in US west coast ports, but it is building a larger presence on the east coast and has moved into air freight to avoid the congestion. CNBC reports.
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