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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

Just when it seemed that 2024 would be a very welcome year of “normal” supply chains, the Red Sea crisis proved that for global supply chains, there is no such thing. With this fresh in mind, how are small and medium-sized importers preparing for 2024? And the answer lies in how their 2023 went too.

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Inventory Management – The Essential Guide for 2024

ThroughPut

Effectively Managing inventory is a common challenge for many supply chain and manufacturing professionals. Without proper inventory management, businesses can face stockouts, overstocking, and increased operational costs, which can impact profitability and customer satisfaction. What Is Inventory Management?

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Supply Chain Risk Management in 2024: A Forward Look with Tom Linton

Resilinc

Accomplished procurement veteran and author Tom Linton provides valuable insights into the supply chain risk management landscape in 2024 in this exclusive Q&A. What are the biggest supply chain trends we will see in 2024, and how can managers prepare for those trends? Which megatrend is top of mind for you going into 2024?

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January 30, 2024 Update

Freightos

More Resources Home January 30, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) fell 1% to $5,456/FEU.

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Essential Guide for Demand Forecasting in 2024

ThroughPut

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. The main benefits of accurate demand forecasts are: 1.

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What’s Up with Exploding Ocean Container Shipping Costs

Supply Chain Matters

While bookings and freight orders are reportedly down 48 percent month-over-month according to FreightWaves SONAR data, container carriers are reportedly canceling sailings at upwards of a 37 percent clip that distorts the supply vs. demand effect in the favor of carriers. All rights reserved.

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The Origins and Growth of Supply Chain Management – and the Need for a Common Lexicon

NC State SCRC

There is even a “Top Supply Chain Organizations” (which will be revealed for 2024 on May 22) and “Top Supply Chain Universities” competition every year, in which marketing groups scramble to get on the list. In this book, we proposed that the field of supply chain management is based on three simple ideas.