Remove 2023 Remove Freight Remove Procurement Remove Ukraine
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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

Over four-hundred days of war in Ukraine. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. Growing tensions between China and trading partners. Unrest in Sudan.

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7 Top Supply Chain Trends to Know for 2023

ModusLink Corporation

Yes, COVID caused many issues, but other factors, including geopolitical changes, the war in Ukraine, weather events, peak season , and economic instability, have altered the fabric of logistics. With so much disruption fresh in mind, looking toward 2023 feels a bit more stable for every warehouse and distribution channel.

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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Two

Supply Chain Matters

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

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2022: A Look in the Rearview Mirror–Part I

American Global Logistics

Cargo planes could not fly out of or into Russia or Ukraine. Likewise, ships could not sail into or out of Russia and Ukraine. That exacerbated food shortages with Russia and Ukraine among the top five grain exporters. As mentioned above, economic sanctions led to major impacts on Ukraine and Russia. of all wheat.

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Report That Global Ocean Container Rates on the Decline

Supply Chain Matters

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period. Added Perspectives.

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Will the Inflation Reduction Act Reduce Supply Chain Costs?

Intelligent Audit

This, along with container shortages, drove up ocean freight spot rates and caused sporadic export delays. 2022 ushered in a year of higher fuel prices attributed to the Russian invasion of Ukraine in March, declines in spot rates, and higher inventory levels for many retailers. How is Inflation affecting freight rates?

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The Endless Complexities of the Ocean side of Supply Chains

SCMDOJO

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. Supply Chain KPI Dashboard.