Freightos

JANUARY 10, 2024

More Resources Home January 10, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) increased 176% to $4,391/FEU.

Negotiating Skills 217

Negotiating Skills Asia Price Reduction Optimal Sourcing 217

Logistics Viewpoints

MARCH 28, 2022

TuSimple Holdings (NASDAQ: TSP) – in its most recent call with financial analysts – reaffirmed that they expect to have fully autonomous trucks on the road in 2024. Shortages of drivers is just one of the contributors to the difficulties shippers are having in securing the truck capacity they need.

Logistics Network Optimization Software 43

Logistics Network Optimization Software Security Freight Predictive Analytics Software 43

Freightos

JANUARY 3, 2024

More Resources Home January 3, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Asia-US East Coast prices (FBX03) climbed 55% to $3,900/FEU.

Negotiating Skills 156

Negotiating Skills Asia Optimal Sourcing Europe 156

ThroughPut

MAY 3, 2024

As we step into 2024, the world of logistics isn’t what it used to be. Everything is connected – what happens in one part of the supply chain can shake things up in logistics, and the other way around. That is why logistics management software (LMS) is so much more today than what it used to be.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Supply Chain Matters

FEBRUARY 14, 2024

Shipping Lines Warn Red Sea Security Continues to Deteriorate Bloomberg reported last week that the CEO’s of two major shipping lines, which being Maersk and Norden, have both of the view that the security threat level of shipping traversing the Red Sea to and from the Suez Canal has continued to escalate. percent to 4.5

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

Supply Chain Matters

NOVEMBER 7, 2023

Background Ocean container shipping and logistics are the lifeblood of global supply chain movements. The advisory defined further opportunities as extended joint procurement agreements, joint operations and equipment pooling in the short-term, and joint back-offices, shared service centers and IT development over the long-term.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59

Supply Chain Matters

MAY 15, 2024

percent to 25 percent in 2024. We cited a published report by The Wall Street Journal that specifically indicated: “ China will add more chip-making capacity than the rest of the world combined in 2024, according to research from consulting firm Gavekal Dragonomics.” percent to 25 percent in 2024. percent to 25 percent in 2024.

Manufacturing Procurement 59

Manufacturing Procurement Supply Chain Network Software Sourcing Strategies Price Reduction 59

Supply Chain Matters

NOVEMBER 14, 2023

production worker hourly wages starting in January 2024. The report additionally cites the reasons for this year’s low levels of traditional hiring as being the NRF’s indications of lowered expected holiday spending on products and that retailers and logistics services providers can meet additional demand with existing part-time employees.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Cost Reduction Strategies 52

Supply Chain Matters

JULY 21, 2023

UPS Labor Contract Negotiations to Resume After labor contract renewal negotiations stalled earlier this month , parcel carrier and logistics services provider UPS and the International Brotherhood of Teamsters representing upwards of 330,000 workers, are planning to return to the bargaining table next week to hash out the remaining issue of wages.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Transportation 52

Supply Chain Matters

MAY 24, 2024

Vaccine and biologics medicines provider Pfizer has announced a goal to secure $1.5 Astoundingly, by the end of August 2021, it was Pfizer , in collaboration with BioNTech were the first to secure U.S. This week, in a securities filing, Pfizer indicated it is launching a multi-year program aimed at reducing the cost-of-goods sold.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Pharmaceutical Supply Chain Design 52

Supply Chain Matters

JANUARY 10, 2024

Supply Chain Matters This Week in Supply Chain Tech kicks off our 2024 series with two acquisition announcements related to multiple supply chain providers. In 2023, this tech secured $13 million in added financing, led by MK Capital , a venture capital firm. No financial details were shared regarding this acquisition.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Network Design Software Network Optimization Software 52

Supply Chain Matters

FEBRUARY 12, 2024

The Ferrari Consulting and Research Group highlights a 2024 prediction of added labor activism continuing across industry supply chains in 2024. Continued Labor Activism Labor activism in the form of labor contract negotiations will continue in 2024, and include spillover from actions that occurred in 2023.

Negotiating Skills 59

Negotiating Skills Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 59

Supply Chain Matters

OCTOBER 19, 2023

Both reports cite declining freight industry demand and increased competition among start-ups in this digital freight and logistics segment. Robinson and Echo Global Logistics. The company further secured a new $150 million line of credit from J.P. Stay tuned. All rights reserved.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Report Freight Demand Planning Software 59

Supply Chain Matters

APRIL 14, 2023

Venti Raises $29 Million in Series A Round Autonomous logistics technology and industrial hubs provider Venti Technologies announced that it has secured $28.8 while securing a $5.4 billion market valuation based on 2024 revenue expectations in 2024. million in Series A financing.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 52

Freightos

DECEMBER 19, 2023

Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $1,556/FEU. On the transpacific, ocean rates were stable overall last week.

Negotiating Skills 220

Negotiating Skills Asia Europe Optimal Sourcing 220

Supply Chain Game Changer

NOVEMBER 23, 2018

especially procurement and logistics?—?in million by 2024, growing at a CAGR of 49.16% between 2017 and 2024” ( globalnewswire.com 2018 ). For this reason, blockchain technology has been viewed as the perfect match for business application within procurement and logistics. Blockchain in Logistics.

SCM 50

SCM Supply Chain Network Software Logistics Network Optimization Software Supply Chain Software 50

Supply Chain Matters

DECEMBER 20, 2023

along with several other countries began marshalling a joint naval task force to counter theses attacks with added security and presence. This restriction for Panama Canal transit had already motivated logistics and transportation management teams to begin to re-route Asia to U.S. Earlier this week, the U.S.

Global 52

Global Panama Asia 52

ThroughPut

JUNE 24, 2022

At the same time, global spending on IIoT Platforms is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. Gaining Supply Chain Momentum with Artificial Intelligenc e(AI) in Supply Chains & Logistics. REDUCED OPERATIONS COSTS.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

Enterra Insights

JANUARY 7, 2020

“Blockchain democratizes the supply chain, enabling a secure, transparent network with all participants. Supply chains will be able to procure, source, manufacture and handle logistics across a broad array of players including small to medium businesses. .”[4] Prediction 2. ” Prediction 3. ” Footnotes.

Predictive Analytics Software 100

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 100

Supply Chain Matters

APRIL 22, 2024

The report indicates that Apple’s increased activity in the country underscores a “ trend among global tech firms to look beyond China to secure their supply chains, cut costs and open new markets.” Bob Ferrari © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Sourcing Indonesia 52

Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue.

Shipping 299

Shipping Negotiating Skills Asia Yemen 299

ToolsGroup

APRIL 1, 2022

Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages. Material Handling & Logistics ). Material Handling & Logistics ). Logistics Management ). How the Supply Chain Crisis is Impacting Businesses and Consumers. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

ThroughPut

FEBRUARY 2, 2024

Sluggish vs Optimized Transportation and Logistics Without Advanced Analytics : Logistics operations may operate on static routing and scheduling, not accounting for variables like traffic, weather, or sudden changes in demand. This includes data from suppliers, production facilities, logistics services, and customer feedback.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

ThroughPut

SEPTEMBER 14, 2022

Transportation and logistics management in mid to large scale companies essentially translates into specific time driven outcomes – We are talking about the speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Forecasting Software Predictive Analytics Software 52

Supply Chain Matters

DECEMBER 13, 2023

Securing the literal millions of factory workers required to produce high volumes of product hardware in rather short periods of time, only to shed workers when not needed for surge manufacturing cycles, often the Q4 holiday fulfillment period, were always attractive to Apple’ s breakthrough engineering design and product development strategies.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

Supply Chain Matters

AUGUST 23, 2023

According to reporting by The Wall Street Journal , the parcel and logistics services provider has indicated an effort to win back more than $7 billion of revenue opportunities that includes both customer diversion and new business opportunities that were sidelined during labor talks. From our lens, this was inevitable.

Negotiating Skills 52

Negotiating Skills Purchasing Training Purchasing Skills Buyer Training 52

Freightos

NOVEMBER 28, 2023

Judah Levine November 28, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,613/FEU.

Negotiating Skills 193

Negotiating Skills Price Reduction Vendor Strategies 193

Unleashed

JUNE 23, 2021

More widespread third-party logistics. for the 2020-2024 period), but to also help businesses move on from the pandemic. Warehouse and logistics staff can use portable technology to improve efficiency at work, such as scanning and picking. More widespread third-party logistics. 10 inventory management for 2022: 1.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Supply Chain Matters

FEBRUARY 13, 2023

In this update, we highlight General Motors announced deal with GlobalFoundries to secure semiconductor chip capacity, the building frustrations on the lack of progress in negotiations involving a new labor contract for U.S. West Coast ports, and data related to increased adoption of robotics for North America production needs.

Negotiating Skills 52

Negotiating Skills Supply Chain Design Software Supply Chain Software Los Angeles 52

Supply Chain Matters

SEPTEMBER 19, 2022

with commercial volume operations by the end of 2024. Subject to securing a final agreement and appropriate regulatory approvals, the companies plan to establish a joint venture manufacturing company with the purpose of investing in and operation of a factory in Europe to produce larger vans.

Supply Chain Network Software 52

Supply Chain Network Software Network Optimization Manufacturing Procurement Supply Chain Planning Software 52

Supply Chain Matters

JULY 8, 2022

The Q2 shortfalls were attributed to the company’s Shanghai production facility as Covid-19 lockdown restrictions that occurred across China ’s major cities during the quarter impacted the country’s manufacturing and logistics services operations. Tesla declined to comment when approached by the publication.

Automotive 52

Automotive Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52