Remove 2022 Remove Procurement Remove Third Party Logistics Remove Transportation
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Maerskā€™s Q1-2022 Financial Performance Portends What to Expect in Ocean Freight Rates

Supply Chain Matters

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. billion increase in ocean transport and an $834 million increase in logistics services.

Freight 52
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Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

We are making slow progress on transportation visibility, but not supplier visibility. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Survey existing suppliers, third-party logistics providers and customers. See You There?

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5 Key Insights From the 2022 Automotive Logistics and Supply Chain Conference

BlueYonder

Strategic relationships, improved collaboration with logistics providers, and the possibility of bringing 3PL/4PL in-house to reduce transportation and warehouse costs and gain more control over logistics operations are all strategies to enable supply chain resiliency. This has a substantial impact on their EBITDA margins.

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U.S. Logistics Managerā€™s Index Drops to an All Time Low in May

Supply Chain Matters

logistics industry continues in a state of recession. Transportation utilization reportedly dipped a hefty 9.5 Consequently, transportation prices reportedly declined 8.9 Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022.

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Freight Procurement Solutions Are Transforming Supply Chains

Jaggaer

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. Industry experts call out advanced sourcing solutions as being extremely important to freight procurement.

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The Industrial Internet of Things, Manufacturing, Supply Chain & Logistics: Where Are We & Where Are We Going?

GlobalTranz

trillion to $14 trillion by 2022. Simply using common calendar tools, such as Google, means you are using the IoT, but the Industrial Internet of Things (IIoT) leads to the use of connected, smart devices to reduce inefficiencies, delays, and inaccuracies throughout the product lifecycle, including procurement as well.

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The Annual State of U.S.Logistics Report- Even More Candidness and Reality

Supply Chain Matters

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. Business Logistics Costs (BLC) were reported to be 9.1 percent of nominal GDP , rising 20 percentage points in 2022 and the highest growth ever seen.