Remove 2022 Remove Company Remove Manufacturing Procurement Remove Shipping
article thumbnail

Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Almost all companies will say that “service” is important.

article thumbnail

5 Immediate Impacts of the Ocean Shipping Reform Act of 2022

The Logistics & Supply Chain Management Society

5 Immediate Impacts of the Ocean Shipping Reform Act of 2022 By Nat Josef Just when it seemed like bipartisanship was going the way of the dinosaurs, Congress recently came together to pass the Ocean Shipping Reform Act of 2022, which President Biden signed into law on June 16th. Amy Klobuchar (D-Minn.) and Europe.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Inventory Control in Manufacturing: 7 Strategies to Maximize Service Levels and Profit Amid Disruption

ToolsGroup

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? 4 Common Inventory Pitfalls Manufacturers Must Avoid.

article thumbnail

Supply Chain Normalcy? Think Again.

Supply Chain Shaman

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the spring of 2022, Asia/US ocean container rates resumed pre-pandemic levels and congestion eased in November 2022 into California ports. Build in-market sourcing. The peak disruption was in December 2021.

article thumbnail

Rethinking Global and Local Manufacturing!

Supply Chain Game Changer

In today’s business climate, many companies are grappling with the decision of whether to manufacture their products locally or overseas. With the global pandemic changing so much in the world, that discussion around global and local manufacturing has become even more complex. Where are your suppliers? Count the cost.

article thumbnail

What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

To understand the state of this latest supply chain crisis–and when it will end–this guide to the 2022 baby formula shortage breaks down: The cause of the baby formula shortage. Seven ways companies, consumers, and the government are responding. When the baby formula shortage will end. The FDA and Abbott labs reopening agreement.

article thumbnail

NRF 2022: 4 Big Session Themes from Retail’s Big Show

ToolsGroup

In a bold move which bore resemblance to the fighting spirit of the retail industry as a whole these past two years, the National Retail Federation (NRF) Big Show 2022 went ahead as planned in New York City despite rising COVID cases and reduced attendance. Here’s a look at four mega- themes from NRF 2022 sessions. Washington Post ).