Evaluate the impact of the container shortage
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Case study: container shortage challenges
Unexpected events have resulted in a global container shortage, disrupting international trade and causing
ripple effects in the supply chain. When the Covid-19 pandemic broke out at the beginning of last year, many
countries implemented national lockdowns and halted production, disrupting
of cargo ships dispatched started to decline. This hampered not only the normal flow of commodities
imported and exported but also the collection of empty containers. As a result, there has been a container
shortage since 2020.
1.1 Evaluate the impact of the container shortage and what role freight forwarders play?
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- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
- container shortage challengesUnexpected events have resulted in a global container shortage, disrupting international trade and causingripple effects in the supply chain. When the Covid-19 pandemic broke out at the beginning of last year, manycountries implemented national lockdowns and halted production, disrupting economic growth. The numberof cargo ships dispatched started to decline. This hampered not only the normal flow of commoditiesimported and exported but also the collection of empty containers. As a result, there has been a containershortage since 2020. 1.3 Differentiate which activities will be contacted by a traditional freight forwarder and which will fallwithin a 3PL scope?Create a Causal Loop Diagram that illustrates the causal relationships within the renewable energy maintenance sector. The lack of cost-effective maintenance services leads to decreased system performance, which can result in increased maintenance costs and decreased energy production. These factors can ultimately lead to reduced profitability for the renewable energy plant owners and investors. Additionally, limited availability and inconsistent quality of services can contribute to safety risks and can negatively impact the public perception of renewable energy as a reliable and sustainable source of power. Add any other variables that may be relevant too. Thanks!A contractor of fast food giant failed to deliver the expected output of an inventory systems upgrade. This resulted to more than 70 branches closing due to inventory problems. It compromised the sales for the month. What do you think were the potential opportunities opened up to other players in the fastfood industry? In order to prevent the NCOV-19 from spreading, Philippine airports and other entry points all over the country have been provided with digital thermos-scanners to detect feverish persons coming in and out from the country. However, there is no guarantee that the country would be virus-free for a long time despite all of these measures. What do you think are the possible effects of these threats to you as an upcoming entrepreneur?
- Which of the following modes of transportation is the best in Loss and Damage? one: Air Truck Rail Sea PipelineJordano Food Products Supply Chain Profile Jordano Foods Tracie Shannon, Vice President for Logistics at Jordano Foods (Jordano), had sent the following e-mail to members of the executive committee of the company two years ago: I just returned from a lengthy meeting with Susan Weber, CEO ofSAB Distribution. She is under great pressure from her Board ofDirectors to continue to grow market share and improve profitability. SAB received a recent tender offer from another larger food distributor to buy the company and several members of their board have recommended that the offer be seriously considered. Susan feels that SAB can continue to improve their “bottom line” with additional changes in service offerings. Ms. Weber met with SAB’s major suppliers and customers to discuss new services that SAB can offer to enhance the competitiveness ofthe SAB supply chain. She was particularly concerned with the changing demographics oftheir customer base, particularly the Gen-Y and Plus-55 age…Problem 16-17 (Algo)The U.S. Airfilter company has hired you as a supply chain consultant. The company makes air filters for residential heating and air-conditioning systems. These filters are made in a single plant located in Louisville, Kentucky, in the United States. They are distributed to retailers through wholesale centers in 100 locations in the United States, Canada, and Europe. You have collected the following data relating to the value of inventory in the U.S. Airfilter supply chain: QUARTER 1(JANUARYTHROUGHMARCH) QUARTER 2(APRIL THROUGHJUNE) QUARTER 3(JULYTHROUGHSEPTEMBER) QUARTER 4(OCTOBERTHROUGHDECEMBER) All amounts in millions of U.S. dollarsSales (total quarter): United states 414 402 520 514Canada 135 96 126 117Europe 41 34 42 25 Cost of goods sold (total quarter) 384 347 453 434 Raw materials at the Louisville plant (end-of-quarter) 73 62…
- Why is Curbside pickup is the mostost effective trend in the food service industry nowadays during pandemic?GCMMF (AMUL) — Managing Supply Chain to Align Customer Demands: Gujarat Cooperative Milk Marketing Federation (GCMMF) is the largest food products marketing organization in India. It is a state-level apex body of milk cooperatives in Gujarat, which aims to provide remunerative returns to farmers and also serves the interest of consumers by providing quality products and value for their money. It had Amul as the flagship brand, which is a market leader in milk products. The annual sales turnover of GCMMF in 2019-2020 was Rs. 38,542 crores. The product mix includes bread spread, powder milk, cheese, dessert, health drink and fresh milk. The State Marketing Federation comprises of 17 dairies, 10,675 villages and 2.2 million milk producers in Gujarat State. The value chain of GCMMF consists of -Milk Production - 2.6 million Farmers ;Milk Collection – 1,27,92 Village Co-op Societies; Milk Processing – 13 Milk Processing Unions; Marketing – GCMMF;Distribution – 3000 Distribution Points;…D3) Finance How to increase air tr control revenues in Libyan air transportation