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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack.

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Addressing Challenges in Global Logistics Operations with Technology

DELMIA Quintiq

Going back 14 years ago, the logistics industry dramatically reduced capital expenditure in 2008 when the great recession hit. In fact, the outperforming logistics vendors today (based on profitability and revenue growth metrics) are the ones that were extra cautious on capital expenditure in the years following the recession.

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Do People Skills Matter in the World of Logistics?

The Logistics of Logistics

Even as the industry is becoming more data driven than ever before and cutting-edge software is increasingly used to manage freight from start to finish, the development of your sales team is still important. According to Supply Chain Quarterly , Quarter 4, 2011 issue: “Supply chain scorecards typically focus on operational metrics.

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

Arkieva

Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. The Sustainable Freight Action plan released by California governor Jerry Brown outlines a long-term 2050 vision and guiding principles for California’s future freight transportation system. Supply Chain News.

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Logistics Past, Present, and Future

MIT Supply Chain

While reliable service and low prices are still important, these metrics have become prerequisites for commercial success. One reason is the increased focus on cost control in the aftermath of the financial meltdown of 2008. “We Another determinant of competitiveness, freight network density, is also a function of scale.

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Where have all the Truckers Gone? 10 Strategies for Shippers to Fight the Capacity and Trucker Shortage

GlobalTranz

2009 was an exception due to the 2008–2009 recession.) Preferred shippers maintain complete, detailed communications about each freight load with carriers. Implement a Transportation Management System (TMS) to comprehensively manage logistics surrounding and including the shipping function as well as related performance metrics.

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Leveraging Big Data in Logistics Into Meaningful Business Analytics

Intelligent Audit

In 2008, Dr. Raymond Panko published a paper detailing examples of human error in data entry. What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . Freight Audit in Multiple Modes.