Remove 2018 Remove Freight Remove Inventory Remove Mexico
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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. Companies who have experienced these delays often add inventory across their network to buffer the risk. A TMS helps companies move freight from origin to destination efficiently, reliably, and cost-effectively.

Global 176
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Can You Predict Supply Chain Disruptions in an Unpredictable World?

Logility

COVID-19 didn’t start it all, but it certainly exacerbated serious supply chain disruptions that emerged during the trade wars in 2018 and 2019. This means supply chain leaders have had to shift from using trains back to using ocean freight and getting goods to market takes longer. The pandemic shut down ports and factories.

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CAPS Conference: The Economist Projects What’s in Store for the Global Economy

NC State SCRC

Clearly, the benign environment of 2018 is gone, and geopolitics are playing a central role in the global economy. The good news is that ocean freight rates will start trending down somewhat. Even with the transportation savings – Mexico is difficult, because many of the raw materials are still coming from China.

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This Week in Logistics News (May 13 – 19)

Logistics Viewpoints

That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global Supply Chain Volatility Index.” But a key focus right now for Amazon is using AI to figure out where to place its inventory. The audit determined that CPW emitted 1.2

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. The company launched a partnership with Walmart in October 2018, which includes a specialty store page on Walmart’s website, increasing online visibility.

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6 Trends Affecting Inbound Freight Management!

Supply Chain Game Changer

Successful inbound freight management depends on a strong logistics management program. Shippers need to have a robust set of controls in place, a high-quality inbound freight routing guide , automated tracking technology, reporting capabilities, and much more. Congress Will Affect Successful Inbound Freight Management.

Freight 50
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28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.