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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven. Hire smart data analysts.

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How to Navigate ESG Risk with Supplier Management Software

QAD

This sounds simple enough, but we all know it’s a very complex issue and that’s partially because ESG concerns touch every part of the value chain, from the field or mine where raw materials are sourced to the packaging and transport modes used to bring your finished product to market.

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Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global and Domestic Transportation and Logistics Indices. For the specific routing of Shanghai to New York , the index was $11, 531, reflecting a six percent decline. . Global Shipping. Shipping Transit Timeliness.

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2022: A Look in the Rearview Mirror–Part I

American Global Logistics

Inflation set in for fuel and transport costs, increasing logistics costs as a whole over last year. This was evident with the creation of a new report from the New York Federal Reserve. That led to some positive changes as transport prices began to decline. We saw supply shortages lead to price increases.

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Federal Reserve GSPI Index Drops Significantly in April

Supply Chain Matters

The Supply Chain Matters blog highlights a further negative drop in the New York Federal Reserve’s Global Supply Chain Pressures Index ( GSPI ). This index compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog.

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How Locally Grown Products are Disrupting F&B Manufacturing

QAD

For example, a food label in a store in New York might read “ New York State Grown and Certified ”. Better for the environment due to reduced transportation costs and distances. Though, when a food or beverage product is labeled as “locally grown”, the “local” part usually refers to an area of about 150 miles.

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A Time for Unfiltered Straight Talk

Supply Chain Matters

Frequent readers of the Supply Chain Matters blog may recall one metaphor that this Editor has invoked over the past three years – the Eagle ’s tune, In a New York Minute ( Everything Can Change ). Additional Thoughts.