There is a discernible difference between Maritime, Shipping, Freight, Logistics and Supply Chain industries.. All performing various functions, but all connected in the grand scheme of things, keeping the propellers of global trade churning..
In very simple terms, Supply Chain is the whole granddaddy process comprising of all aspects in a product cycle, for example from picking of the fruit at a farm in Point A to delivering the fruit to the shelf at a store in Point B using all of the above-mentioned industries, businesses and services..
By some estimates, inefficiencies in the global supply chain impose overhead costs of between 15% and 20% of global GDP cumulatively - supply chain inefficiencies dampen corporate profits and lower societal well-being..
This presents an opportunity to solve a large and pervasive global problem, and to significantly boost global economic growth and prosperity in the process..
We report on the latest with The New York Supply Chain Meetup who are on their 10th meetup with #TNYSCM10..
Brian Laung Aoaeh and Lisa Morales-Hellebo, co-founders of The New York Supply Chain Meetup LLC, operate under the mantra “the past ran on supply chains. The present runs on supply chains. The future will run on supply chains. The world is a supply chain.”
In their efforts to realize this vision, Brian and Lisa have joined with other supply chain professionals to curate and organize events that seek, find, encourage, and include a wide range of views and ideas on the most significant problems related to global supply chain networks.
Shipping and Freight Resource by Hariesh Manaadiar has been providing quality content to the industry since 2008, helping readers understand more about this industry and the business of Shipping, Freight, Maritime, Logistics, Supply Chain and Trade, allowing them to make better business decisions