Remove 2002 Remove Logistics Remove Manufacturing Remove Shipping
article thumbnail

6 Manufacturing Trends You Need to Know

Arena Solutions

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

article thumbnail

Building Value Networks. Stopping the Backward Slide.

Supply Chain Shaman

I was a Gartner analyst in the period of 2000-2002 when trading exchanges were cool. Like a rocket ship traveling to Mars, a new press release popped into my email each day. There is no network capable of connecting sourcing, logistics, manufacturing, and distribution together in the market today. It is a messy market.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. 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. percent decline in global trade.

article thumbnail

This Week In Supply Chain Management Tech April 4 2023

Supply Chain Matters

Accenture Acquires Global Logistics Consulting Firm Flo Group Global based consulting and other services firm Accenture has reportedly acquired European based global logistics consulting services firm Flo Group. The deal reportedly will further enhance Oracle’s logistics software deployment capabilities across Europe.

article thumbnail

This Week in Logistics News (September 4 – 10)

Logistics Viewpoints

And now on to this week’s logistics news. American Eagle, Walmart invest in direct shipping to avoid congestion. US ports see shipping logjams extending through mid-2022. Now, however, Amazon is shipping cargo for outside customers in its latest move to compete with FedEx and UPS. Costco has reintroduced purchase limits.

article thumbnail

2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

As 2024 begins, two of the world’s most critical ocean transit corridors, the Suez Canal , and the Panama Canal are facing threats of shipping disruption as global geopolitical tensions and terrorist threats escalate. Global trade was reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7

article thumbnail

Supply Chain Disruption. A Deeper Look Into Context, Causes, and Trends  

Elementum

2) Ship to the US and Western Europe. Specialization and quality began to drive important sourcing decisions rather than the sole lever of saving partners a few dollars on materials and manufacturing alone. Today they want to know exactly when their product ships and where it is on the delivery journey. 1) Build in China; .