Lumber Prices – What is going on? In November of 2020, lumber prices began to increase which rivaled the Yukon gold rush. A series of production issues coupled with the pandemic effect on both the supply and demand side, lumber inventories evaporated and lumber became a scarce commodity. Only recently has the unprecedented price increase become a rapid...
Understanding the Global Container Shortage Shipping containers are critical to global manufacturing, and the paper, pulp, and nonwoven industries are no exception. Approximately 90% of global trade uses shipping containers in their transportation model for goods shipments and material receipts. However, in today’s world shipping containers are becoming difficult to find due to a surprising global container shortage. Prior to the Covid-19 pandemic, containers were easily available due to a surplus global inventory. In the midst of the...
In today’s global community, attention is increasingly focused upon our impact on the environment and protecting it for future generations. Consumers are adamant that modern supply chain partners work together as responsible caretakers of the environment and our natural resources. Commercial markets need to clearly articulate their sustainability actions and plans in response to the global community. The consumer’s interest in the forest industry’s development and deployment of sustainable practices has...
There has been a radical transformation in the warehouse segment of the supply chain over the past decade. Warehouse management has been a manual forklift operation where workers spent over half of their time managing paperwork. Technological advancements have transformed warehouse operations into carefully managed control centers that are the strategic hub of the supply chain. As technologies continue to advance, warehouses will likely function entirely on their own. Warehouse managers will monitor warehouse...
