Remove 2019 Remove Freight Remove Manufacturing Procurement Remove Sourcing
article thumbnail

Trends 2019: Manufacturing

Enterra Insights

Nevertheless, over the past few years there have been some significant changes in the manufacturing sector, including the maturation of additive manufacturing and the emergence of the Internet of Things (often referred to as the Industrial Internet of Things (IIoT)). Manufacturing trends. ”[1] Those arguments still hold.

article thumbnail

Bringing It All Back Home – OTR TMS Supports Reversion to Regional Manufacturing

Supply Chain Collaborator

Will the trend toward a return to “regional manufacturing” boost volumes in over the road transportation in North America as manufacturers move away from Asian overseas operations? In a recent Gartner survey titled “Weathering the Supply Chain Storm”, Raman said, “Already in 2018 and 2019, the U.S.-China

Insiders

Sign Up for our Newsletter

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

article thumbnail

High freight costs for importers means higher price tags for consumers

Freightos

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. But elevated freight rates have pushed costs to $4-5 per unit.

article thumbnail

COVID’s Supply Chain Ripples: the SME Business Perspective

Freightos

Take Conner, the manufacturer of FORT, a magnetic pillow fort. But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted. It’s suddenly about the economy.

article thumbnail

Mexico sees solid manufacturing growth, courtesy of nearshoring

Resilinc

Mexico is seeing strong growth in manufacturing. market and secure redundant sources of supply. in 2019 were vehicles ($101 billion), machinery ($66 billion), electrical machinery ($64 billion), and agricultural products ($28 billion), according to U.S. Due to strong U.S. As new U.S. trade data.

article thumbnail

2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. Consumer Spending Shifts Will Continue To Impact The Truckload Freight Market. Rapid shifts in sourcing increased shipping spend and left routing guides useless for meeting demands.

article thumbnail

A Long Road Ahead for Procurement Professionals Managing Their Supply Chains

ModusLink Corporation

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?