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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. 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. All rights reserved.

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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

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It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration.

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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies. Truck and rail transportation movements across the Mexico and U.S.

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This Week In Supply Chain Management Tech April 4 2023

Supply Chain Matters

Founded in 2002 with over 100 consultants and based in Boulder, Colorado , Spinnaker SCA designs and builds agile supply chains for leading brands across Consumer Staples, High Tech, Industrial Manufacturing, Retail & Apparel, Medical Devices, and Distribution Industries. All rights reserved.

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Latest Forecast For Global Trade Not Optimistic

Supply Chain Matters

Global trade is reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7 That includes not only industry supply chains but the collection of supporting services related to logistics, transportation, and global trade related services. trillion, according to the United Nations trade body.

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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part One

Supply Chain Matters

A key learning for retailers, manufacturers and wholesalers in 2002 was how quality were they able to sense and response to the wide-spread changes in consumer buying of products in favor of experiences. Overall inventory levels among retailers and online channels remains at high levels and continuing to fill warehouses.

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5 Tactics for Transforming Your Supply Chain into a Lean, Mean, Green Machine

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In recent years the evolution of the green supply chain or green procurement, have become incredibly popular. Making your supply chain green requires integrating multifaceted environmental concerns relating to product design, materials sourcing, manufacturing, transportation, and end-of-life product and resource management.