Logistics Viewpoints

JULY 26, 2022

Supply chains have experienced significant disruptions in the first half of 2022, from a global pandemic to wars, rising fuel costs, and a potential recession. Shippers, despite all obstacles, are expected to reduce freight spending, drive efficiency, and improve customer service every year with incremental improvements year-over-year.

Optimal Sourcing 238

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Supply Chain Matters

MAY 10, 2022

Moeller Maersk report of Q1-2022 financial performance provides indications of what multi-industry supply chain management teams can expect for the remainder of 2022 in the area of ocean container transportation. based Pilot Freight Services for a reported 47.1 Outlook for Remainder of 2022. billion, an increase of $6.9

Freight 52

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Supply Chain Matters

OCTOBER 19, 2023

Bloomberg, The Wall Street Journal and other industry specific media are reporting that Seattle based digital freight start-up services provider Convoy is preparing for a possible sale or other action. Both reports cite declining freight industry demand and increased competition among start-ups in this digital freight and logistics segment.

Logistics Network Optimization Software 59

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The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Travin Singh (creator behind Crust Brewing) realised that if he could find bakery partners, he basically had access to a cheap local source of beer making raw materials. The circular economy is a cost saver and generally has less carbon emissions, because raw materials are sourced locally and therefore with less transportation.

Manufacturing Procurement 245

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NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

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Supply Chain Matters

AUGUST 11, 2022

The Ferrari Consulting and Research Group shares a Part Three commentary addressing our mid-year assessment of published 2022 Predictions for Industry and Global Supply Chains made available at the beginning of 2022, and specifically addressing supply chain cost inflation implications.

Predictive Analytics Software 52

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Jaggaer

DECEMBER 4, 2018

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. The Challenges of Freight. Data is King. Data is King.

Optimal Sourcing 40

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Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. Freight Rates Reach Six Year Low Milestone first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. percentage points below the February value of 54.7,

Freight 52

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ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

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GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Download the White Paper: Over the Road Freight Management Trends. Carrier Vetting for OTR Freight.

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Supply Chain Matters

OCTOBER 25, 2022

It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S. Similarly, WSJ separately reported that trucking freight operators now indicate that the traditional peak shipping season is crumbling as overstocked retailers cancel any new inventory orders. Trillion by 2030.

Ukraine 52

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EC Sourcing Group

NOVEMBER 15, 2022

A critical aspect of the following supply chain best practices is to have intuitive procurement software that provides insights and analytics to help navigate the uncertainty and make the best decisions for the future. Supply Chain Best Practices : The Effect of Inflation on Procurement & the Supply Chain.

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Supply Chain Matters

APRIL 10, 2024

Background Throughout 2022 and 2023, we have highlighted for readers the various indications of Apple’s unfolding China Plus sourcing moves. That culminated in our research arm’s published December 2023 Supply Chain Matters update, Apple’s Unfolding China Plus Sourcing Strategy for iPhone Production.

India 59

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Supply Chain Matters

MAY 20, 2022

One of the high-flying start-ups that is addressing the needs of smaller regional fleets is Uber Freight. Along the way, Uber Freight initiated a strategic partnership with enterprise Cloud ERP and Cloud SCM provider Oracle. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Sourcing Strategies 97

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Supply Chain Matters

DECEMBER 13, 2022

This action represents a reported 77 percent premium to the company’s closing stock price on November 22, 2022, the last full trading day prior to media reports involving a potential transaction. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. billion in October 2020. All rights reserved.

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Supply Chain Matters

NOVEMBER 7, 2023

The invention of the ocean container as a means for inter-modal sea and surface transportation movements have orchestrated the march toward lowest cost global based sourcing of components and materials. The net result was that global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022.

Cost Reduction Strategies 59

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Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

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Supply Chain Matters

APRIL 7, 2022

In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. We now add highlights of March and Q1-2022 key global transportation and logistics indices. The average LMI index over the first quarter of 2022 was reported as 74.5, That compares to $9,279.46

Global Transportation 52

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The Logistics & Supply Chain Management Society

MARCH 21, 2023

The mind-set challenge for all businesses today is to recognize the following: That commuter and business travel miles are a significant source of planet damaging green house gas emissions. He crafted delivery solutions for e-commerce clients and managed supply chains for several chemical and freight forwarding companies.

Cost Reduction Strategies 130

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Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

Negotiating Skills 52

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Supply Chain Matters

MAY 3, 2022

As noted in our Supply Chain Matters observations of global indices related to procurement and production activity for March and Q1-2022 , the data is no longer reflecting the optimism indicated in February, and now reflect that of growing headwinds and added geo-political concerns. Added Supply Chain Matters Observations and Insights.

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The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Gartner estimates that by the end of 2022, 85% of enterprises will have some form of RPA implemented in their business and Forrester calculates the RPA market will exceed a 50% CAGR by 2023, going from roughly $500 million to $2.8 Procurement. Freight Management. Freight management is driven by time-critical, manual tasks.

Supply Chain Software 246

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Supply Chain Matters

JUNE 29, 2022

Included in this June 29, 2022 edition are updates featuring the following providers: Logility and Starboard Solutions. Parcel transportation and logistics services provider FedEx and freight-tracking software company FourKites Inc. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

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Supply Chain Matters

MARCH 23, 2022

Canadian Pacific is the sixth-largest North America freight railway, and in December 2021 completed an agreement to acquire U.S. West Coast dock workers that occur during the upcoming summer period that could provide added disruption for 2022 peak inbound volumes. This was a noted challenge for major U.S. All rights reserved.

Ukraine 52

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ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. 2 November 2022. 24 11 2022. <[link]. 30 November 2022. <[link].

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Supply Chain Matters

AUGUST 30, 2023

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. percent in 2022. percent in 2022. imports peaked at 21.6 imports peaked at 21.6

Sourcing Strategies 59

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SCMDOJO

MAY 13, 2022

Fast moving forward into 2022 ongoing widespread congestions in ports, container shortages, and volatile shifts in demand for goods from Western economies causing freight rates to skyrocket ended up adding extreme pressure on the main cost drivers of the ocean side of the supply chains and beyond. Source: project44 Monthly report.

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Resilinc

OCTOBER 23, 2023

Do you currently work primarily with Life Sciences clients at Resilinc? I have nearly 30 years of experience as a global procurement and supply chain leader in High-Tech and Life Sciences. The number of annual EventWatch AI alerts approximately doubled since 2020 to about 10,700 in 2022.

Pharmaceutical 53

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Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. percentage points higher than the average value of Q4-2022 which was 48.9. as contrasted with the Q4-2022 average quarterly value of 49.5. percentage points below the Q4-2022 average of 49.2. percentage points from that of Q4-2022.

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Supply Chain Matters

JUNE 23, 2023

economy through the lens of the logistics and transportation sector in terms of costs and implications to the economy during the past year, in this case 2022. percent of nominal GDP , rising 20 percentage points in 2022 and the highest growth ever seen. All of above stated, U.S. Business Logistics Costs (BLC) were reported to be 9.1

Procurement Analytics 40

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BlueYonder

FEBRUARY 17, 2022

Impact: This is resulting in procurement teams scrambling to find new supply sources, while engineers are looking for substitutions alternatives, and other company leaders are figuring out how to bring more in-house for a vertical integrated approach.

Supply Chain Planning Software 71

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Supply Chain Matters

FEBRUARY 14, 2024

billion profitability performance during 2022. As the WSJ specifically noted in its reporting: “ According to Maersk’s estimates, freight rates will revert to pre-disruption levels as record new-vessel deliveries make their way into service even if the Red Sea problems persist for the whole year. ” That compares to $9.8

Transportation 52

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The Logistics & Supply Chain Management Society

JULY 16, 2023

He is also an Adjunct Professor with UTM Azman Hashim International Business School in Malaysia, conducting research on halal procurement strategy, halal supply chain management, and halal risk and reputation management. This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity.

Risk Management 130

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Logistics Viewpoints

APRIL 22, 2022

Of these 37 projects, 23 are in the US, which brings Amazon’s total clean energy procurement in the US from 7.2 A spike in COVID-19 cases in some countries, which is causing factory shutdowns and port delays, added to corporate woes as soaring freight and transportation costs are pinching profit margins. GW to 10.4

Logistics Network Optimization Software 224

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Supply Chain Matters

APRIL 1, 2022

New COVID variant outbreaks occurring across broader areas of China, leading to added restrictions and material movement disruptions, now becoming more concerning both for industry supply chains, and for China ’s stated GDP goals for 2022. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Negotiating Skills 52

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Supply Chain Matters

NOVEMBER 14, 2023

Delivery of these innovative vans began in July 2022. Moeller Maersk in conjunction with the reporting of Q3 quarterly financial performance announcing that the company will cut more than 10,000 jobs amid a current surplus of shipping vessels, sharply lower freight rates and contracting levels of shipping demand.

Supply Chain Design Software 52

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Supply Chain Matters

JUNE 7, 2023

Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022. Noted was that one of the busiest times in freight logistics, the seasonal back-to-school retail stocking period, likely did not materialize. Further reported was that volumes of U.S.

Negotiating Skills 52

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