Remove 2022 Remove Freight Remove Inventory Remove Sourcing
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Freight Cost Volatility Impacts on Inflation – An Analysis

Freightos

The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI. Let’s start by taking a look at global ocean freight prices. Sources: U.S.

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Prepare for Anything: Supply Chain and Ecosystem Predictions for 2022 and beyond….

The Logistics & Supply Chain Management Society

As we look forward to 2022 and beyond, the overall guidance must be “prepare for anything.” IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022.

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Navigating Uncharted Waters: Out of the Fort and Into the Moat

Freightos

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. to 0.85 (Source: ShipBob ). One of the most prominent shifts has been sourcing patterns. The key takeaway?

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Fixing Your Supply Chain in 2022

Logistics Bureau

What will you focus on in 2022 to improve your Supply Chain? Short Term fixes might focus more on policies, like customer service or inventory. Meanwhile, Medium Term might be more on things like sourcing, freight or logistics outsourcing. Or maybe analysing cost to serve.

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Modernizing MRO using AI with Paul Noble

The Logistics of Logistics

He has extensive experience in the industrial supply chain and distribution space, as he was recognized as a Supply Chain Pros to Know by Supply and Demand Chain Executive in 2021, 2022, & 2023. For manufacturers: Optimizes inventory and harmonizes data to reduce costs, improve visibility, and make better sourcing decisions.

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COVID’s Supply Chain Ripples: the SME Business Perspective

Freightos

But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted. By the time they peaked in June 2022, they were over 30% higher than pre-COVID.

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10 Trends in Supply Chain Management & Logistics for 2022

Unleashed

We’ve read the market reports, trawled the internet and identified key areas of change, and here we break these down for you with 10 of the major trends we expect to see in this industry in 2022 and beyond. Any B2B business that still relies on sales reps, in-person meetings and phone calls may see itself fall behind as we move past 2022.