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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack.

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Addressing Challenges in Global Logistics Operations with Technology

DELMIA Quintiq

Going back 14 years ago, the logistics industry dramatically reduced capital expenditure in 2008 when the great recession hit. In fact, the outperforming logistics vendors today (based on profitability and revenue growth metrics) are the ones that were extra cautious on capital expenditure in the years following the recession.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009. Deloitte Global). AlixPartners). higher than 2020.

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Logistics Past, Present, and Future

MIT Supply Chain

While reliable service and low prices are still important, these metrics have become prerequisites for commercial success. One reason is the increased focus on cost control in the aftermath of the financial meltdown of 2008. “We Another determinant of competitiveness, freight network density, is also a function of scale.

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Do People Skills Matter in the World of Logistics?

The Logistics of Logistics

Even as the industry is becoming more data driven than ever before and cutting-edge software is increasingly used to manage freight from start to finish, the development of your sales team is still important. According to Supply Chain Quarterly , Quarter 4, 2011 issue: “Supply chain scorecards typically focus on operational metrics.

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Easier than reducing carbon footprint – 5 Steps to make a dent in the Huge and Hidden Cost of CPG Sustainability

GlobalTranz

WorldShipping.org cites data from The Network for Transit and the Environment that shows that measured by grams/kg/km air freight as the largest carbon footprint impact and steamships as the lowest. Diesel rail is twice that of steamships, and the impact from trucks, while a fraction of air, is three times rail. . Among the challenges: .

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Where have all the Truckers Gone? 10 Strategies for Shippers to Fight the Capacity and Trucker Shortage

GlobalTranz

2009 was an exception due to the 2008–2009 recession.) Preferred shippers maintain complete, detailed communications about each freight load with carriers. Implement a Transportation Management System (TMS) to comprehensively manage logistics surrounding and including the shipping function as well as related performance metrics.