Week of May 16, 2022
Linking supply chain news with dangerous goods compliance
Navigating compounding supply chain risks has become the new normal. Even so, there are several new potential disruptors on the horizon with the potential to shake up operations for many companies.
Let’s examine some recent industry news.
SUPPLY CHAIN NEWS
- Port Labor Talks Pose New Complication for Supply Chain: Negotiations over a new contract for 22,400 dockworkers at 29 West Coast ports could take months to resolve, raising more concerns for U.S. importers and exporters.
- How Exposed Is Your Supply Chain to Climate Risks?: Hurricanes, tornadoes, flooding and other weather-related calamities have awakened leadership teams to the high degree of financial risk posed by climate change. Executives now are asking: How exposed is our global supply chain network?
- Shipping Delays are Back as China’s Lockdowns Ripple Around the World: Just as global shipping was starting to recover from the chaos of the pandemic, Covid lockdowns in China are now causing problems at other major ports around the world.
- Business Continuity Planning for the New Normal: The sudden and rapid onset of COVID-19 severely tested organizations’ business continuity and disaster recovery capabilities. With no time for downtime, businesses had to show their real-time ability to implement these strategies in a prompt and successful manner.
- Suppliers Continuing to Feel Pressure from Inflation, Supply Chain Kinks: Inflation and production volatility are squeezing the revenue, income and margins of major automotive suppliers that had been hoping for some relief by now from the financial headwinds of the past two years.
OUR PERSPECTIVE
- Business continuity is a must. As supply chain disruptions continue, and new challenges emerge, the need for business continuity has never been more evident. Not only when regularly shipping DG from multiple locations, but also the ability to shift operations to other locations in response to demand surges or if facilities are unable to fulfill or ship orders—whether due to COVID, inclement weather, labor or material shortages or any other factor.
- DG requirements must be considered. For DG shippers, adapting to disruptions can be difficult due to the regulatory requirements and complex nature of DG shipping. Some facilities may not have personnel with the necessary knowledge or training or have access to the product or shipping information needed to ensure compliance. It’s important for organizations to understand DG shipping requirements and have processes and systems in place to continue processing shipments so their customers don’t feel the impact.
- Steps to establish business continuity. A big piece of business continuity is having reliable and repeatable processes to ensure safe and compliant shipments across multiple (or all) locations. Automating compliance and integrating it into other systems increases flexibility and supply chain resilience by providing employees at multiple locations access to the data, shipping instructions and validation capabilities needed to process compliant shipments when needed, including when unexpected disruptions arise.
To learn more about Dangerous Goods software or how to establish a safer, more compliant supply chain, visit https://www.labelmaster.com.
Have questions about Dangerous Goods transport? Call the Labelmaster Regulatory Hotline at 1.800.621.5808.
Automation is the key to handling today’s supply chain challenges. But without true Dangerous Goods automation, you may be operating at a competitive disadvantage.
Integrating Labelmaster’s DGIS with your existing TMS, ERP, WMS or OMS platforms puts Dangerous Goods information in the same window as all your other shipping information. Hazmat shipments become as simple as non-regulated shipments—a seamless part of your normal workflows.
Our new eBook explains how integrating DGIS with your existing automation platforms can help your organization sustain success in today’s supply chain.