Pandemic-driven disruptions have left the global supply chain in a deep crisis, but new technologies and approaches could help avert the next one.
According to the, the median cost of shipping a standard metal container from China to the West Coast hit $20,586 in October — almost double what it cost in July, which was already twice what it cost in January and 700% higher than the cost a year ago.
The Colorado-based startup Outrider is automating operations in yards within distribution facilities, where goods move from trucks and other transport lines to warehouses. That can help reduce costs and improve safety, notes Outrider CEO and founder Andrew Smith. San Diego-based Platform Science develops smart fleet management technology that keeps trucks on the road connected, strengthening "actual links in the supply chain," says Jack Kennedy, the company's CEO and co-founder.companies to produce necessary components where and when they're needed, sidestepping both "just in time" and "just in case" for "make on demand.
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