Remove 2008 Remove Freight Remove Inventory Remove Manufacturing Procurement
article thumbnail

Are Ocean Freight Prices Absolutely Broken?

Freightos

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? It starts back in 2008. . It worked. .

article thumbnail

Are Ocean Freight Prices Absolutely Broken?

The Logistics & Supply Chain Management Society

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? It starts back in 2008.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Two

Supply Chain Matters

The Ferrari Consulting and Research Group has annually published a series of supply chain management focused predictions since its inception in 2008. A China Plus sourcing stance has become ever more important as is longer-term alignment to government induced supply chain policies and legislation initiatives for deemed critical materials.

article thumbnail

Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

article thumbnail

The Annual State of U.S. Logistics Report – Added Candidness and Need for More Synchronization

Supply Chain Matters

Since the inception of this blog in 2008, Supply Chain Matters has provided perspectives and takeaway thoughts from each annual report. GDP level, and a level not seen since 2008. Our perspectives stem from an outside-in end-to-end business process, management and cost adsorption lens vs. that reflected by logistics industry media.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

article thumbnail

Green Supply Chain Management - Infosys Blogs

Infosys Supply Chain Management

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Lean Manufacturing is eliminating waste in every stage of supply chain. It is the best practice to be followed since it reduces inventory, saves space and energy.