Remove 2020 Remove Freight Remove Inventory Remove Sourcing
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2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

For shippers, 2020 was like riding a roller coaster with no way to get off. The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. However, some market trends that became significant factors in 2020 will likely continue.

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Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Inventory Management. Regardless of how efficient and effective, all supply chains carry inventory. Freight Management. Freight management is driven by time-critical, manual tasks.

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Freight Cost Volatility Impacts on Inflation – An Analysis

Freightos

The global economy has gone through an incredibly tumultuous time since 2020. The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI.

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Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

This year (2020) when they cancelled the Tournament, they stand to get 144 mil $ from Insurance company. Smart use of Blockchain : Use of blockchain allows organisation to become more compliant, transparent and create traction in new types of services, such as mobile freight brokerage systems, smart contracts to replace service agreements.

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Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

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COVID’s Supply Chain Ripples: the SME Business Perspective

Freightos

Since early 2020, global trade has been buffeted by waves of increased customer demand, supply chain challenges, and constant uncertainty and volatility. Since early 2020, the supply chain ramifications of COVID have been a rollercoaster for businesses of all shapes and sizes. But then global freight kicked in. .

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Transforming the GCC Chemical Industry with Supply Chain Integration – LogiSYM September 2020

The Logistics & Supply Chain Management Society

Slowing demand means 6% lower imports from the GCC vs 2019 and 10% lower than 2020 forecast before the virus outbreak.” Realising operational and cost efficiencies will reduced lead times, improved forecast accuracy and increased inventory turnover. Supporting localisation – To increase resilience, means to decentralise sourcing.

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