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The Changing Face of Manufacturing: How US Manufacturers are Looking Homeward

GlobalTranz

With the rise in global crude oil production and relative political stability in the major oil producing nations, particularly Iraq and Libya, the price of crude oil has fallen from above $100 a barrel to around $50 a barrel in just a year. In July 2007, the price of natural gas rose to an astronomical $14 per MMBtu.

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Reflections, Thank-you(s) and Rethinking the Future

Supply Chain Shaman

As growth slowed post 2007 recession, companies fought back. While the push in the back office was for efficiency–larger batch sizes, transactional processing, lower costs of transportation, and labor arbitrage strategies (Many companies outsourced the back office to India.)–the World Trade Intensity and Annual Growth.

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Logistics Service Providers (LSP): 3PL vs 4PL vs 5PL

SCMDOJO

In this effort, Logistics Service Providers (LSPs) are essential because they provide a variety of supply chain management solutions that simplify warehouse operations, order processing, and transportation. A 2PL company will be based on equity, meaning that they will own the transportation vehicles.