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The Buzz for January 13th
Introduction
Good morning, good afternoon, good evening, wherever you may be! Today on Supply Chain Now, Scott Luton, along with special guest co-host Richard Donaldson, discusses an array of exciting news developments across global supply chain and business.
This week's episode kicks off with some good news in the industry. A tentative agreement has been reached regarding a new six-year labor deal between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX), which ensures the continued operation of numerous East Coast and Gulf Coast ports, avoiding a potentially costly strike. While the full details of the agreement are still pending ratification, it has been welcomed by shippers and industry stakeholders alike.
Additionally, Boeing is undergoing a shift in its supply chain leadership, appointing Janette R. as senior vice president for supply chain and operations—marking a significant change in a company that has faced various challenges over recent years. This new leadership is expected to bring fresh perspectives and help address some of Boeing's ongoing quality and reliability issues.
During the stream, David Heacock, founder and CEO of Filterby, joins the conversation. Founded in 2012, Filterby has quickly grown into a leading direct-to-consumer indoor air quality company, generating over $ 200 million in annual revenue and serving more than 7 million customers. David discusses the importance of supply chain resilience, emphasizing the need for redundancy and diversification following lessons learned during the pandemic.
The conversation expands to the challenges faced by various industries, particularly the bicycle industry, highlighting production shifts from China to the US. It explores the implications for manufacturing and sourcing components as businesses strive to adapt and innovate.
Finally, the hosts encourage everyone to stay engaged, ask questions, and share the episode with their networks. It’s a great opportunity to reconnect and share insights in the evolving world of supply chain.
Keywords
- Supply Chain
- Labor Deal
- Longshoremen's Association
- US Maritime Alliance
- Boeing
- Leadership Change
- Filterby
- Indoor Air Quality
- Redundancy
- Bicycle Industry
- Production Shifts
- Innovation
FAQ
Q: What was the main good news shared in this episode?
A: A tentative six-year labor deal was reached between the International Longshoremen's Association and the United States Maritime Alliance, preventing a potential strike.
Q: Who was appointed as the new senior vice president for Boeing's supply chain?
A: Janette R. was appointed as the senior vice president for supply chain and operations at Boeing.
Q: What challenges does the bicycle industry face regarding production?
A: The bicycle industry is facing challenges in sourcing components as they attempt to shift production from China to the US, where many critical parts are still sourced.
Q: What key lesson about supply chains was highlighted by David Heacock?
A: David Heacock emphasized the importance of redundancy and diversification in supply chains to prevent disruptions like those experienced during the pandemic.