Remove 2021 Remove Cargo Remove Inventory Remove Supply and Demand
article thumbnail

7 Ways Businesses Can Manage Supply Chain Shortages in 2021

ToolsGroup

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues.

article thumbnail

The State of the Trucking Market in 2021

GlobalTranz

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . That’s an astonishing $933.30

Insiders

Sign Up for our Newsletter

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

article thumbnail

Reduce Excess Inventory While Protecting Margins with a Pricing and Promotion Analysis  Solution

Logility

Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. That’s up from 11% at the end of November 2021. Then, as port problems eased, a glut of inventory – a phenomenon known as the “ bullwhip effect.”

article thumbnail

What’s going on with global supply chains: A primer for the casual consumer

Freightos

But the surge in demand for goods, including unprecedented e-commerce growth, is what really seeded today’s challenges. A third of all cargo is carried in passenger planes. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. And it’s not just ocean freight. Credit: Lufthansa ).

Global 392
article thumbnail

Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain. Just when it seemed that 2024 would be a very welcome year of “normal” supply chains, the Red Sea crisis proved that for global supply chains, there is no such thing.

article thumbnail

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. It also provides four key insights into how importers and exporters can modify their supply chain planning as a result. What Goes Up, Must Come Down.

article thumbnail

This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

Soft demand in Europe and the US led to an overall decline of 7.5 Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. Congress established the program in 2021 through the BIL and dedicated $5 billion to the program over a five-year period.