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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

During 2022, as consumers shifted their physical goods buying patterns away from products and into travel and services, global shipping volumes steadily declined and so did spot rates. The Drewy World Container Index , which stood at $9,304 per 40-foot container at the beginning of 2022, was reported as $2,120 by the end of 2002.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Factoring PMI reporting for the month of November, the second month of the final quarter of 2023, the various published actual and leading indicator indices indicate some stabilization in consumer goods production but continued contraction in intermediate goods production.

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Infor’s Acquistion of GT Nexus: If I Had a Magic Wand

Supply Chain Shaman

Founded in 2002 under the name of Agilisys, Infor rebranded in 2004. In the period of 2002-present, the company acquired/aggregated many applications. The Ariba infrastructure is so heavily entrenched in indirect procurement processes that it is hard to adapt to the solution to manage direct materials in the supply chain.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

contractionary mark for fourteen consecutive months and reportedly the longest sequence of deterioration since the period of December 2000 to February 2002. The report’s authors indicated that data broken down by production sector reflected that deteriorating conditions were confined to intermediate and investment goods industries.

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Seasoned Leadership in Actionâ„¢! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

The biggest career transformation for me was after leaving Dell when I joined Lucent in 2002 and entered supply chain in technology sourcing. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. This was my first foray into the world of supply.

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A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

China’s low prices have historically undercut global prices and pushed out foreign competitors –– such as the Mountain Pass mine in California, which closed in 2002. These models are already bringing efficiencies and rewarding sustainable practice in sectors ranging from the built environment , to fishing and fast moving consumer goods.