Remove 2024 Remove China Remove Inventory Remove Warehousing
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Supply Chain Matters News Capsule Update- March 28 2024

Supply Chain Matters

The company’s forecasted outlook for production levels in 2024 was upwards of 9,000 vehicles, and industry watchers indicated that added financing would be needed in order for the luxury auto maker to be able to grow sales and global wide production needs. Workers After securing new ratified labor agreements among three major U.S.

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November U.S. Logistics Manager’s Index- Noteworthy Trending

Supply Chain Matters

The report specifically indicates : “ November’s dip was largely triggered by a decline in Inventory Levels (-9.1) which is attributable to Q4 holiday sales and the subsequent dips in Warehousing Capacity (+3.6) and slowdown in Warehousing Utilization (-14.0) and Transportation Capacity (+5.2)

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Pushing the Supply Chain Reset Button

The Logistics & Supply Chain Management Society

This small island is currently in the middle of political tensions between the US and China and represents 90% of the most sophisticated chips, such as those based on gallium nitride and gallium arsenide, which are used in the defense and aerospace sector. The China COVID disruption impact is ongoing creating container and chassis imbalances.

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Report That Global Ocean Container Rates on the Decline

Supply Chain Matters

The sub-text of this report is that much of the cargo that has been planned for either back-to-school, fall, and holiday related fulfillment is either in-transit or mostly already arrived at warehouses. The report’s cited data from the Freightos Baltic Index indicates that shipment of a 40-foot container from China to the U.S.

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Megatrends Reshaping Supply Chain Management

Logistics Viewpoints

Grocery retailers are exploring dark stores , stores that have been converted to warehouses that are close to customers and support quicker and lower cost deliveries. Trade barriers are beginning to go up, particularly between China and the US. But even in 2024, these trucks will not be running across all lanes nationwide.

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Will the Inflation Reduction Act Reduce Supply Chain Costs?

Intelligent Audit

As shippers drew down existing inventories, replenishment became necessary to quickly satisfy consumers’ spending habits. In addition, China had, and still maintains, a zero-COVID rule, meaning that to keep COVID outbreaks from spreading, China locks down a particular city or port, such as Ningbo and Shanghai.

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7 Top Supply Chain Trends to Know for 2023

ModusLink Corporation

With so much disruption fresh in mind, looking toward 2023 feels a bit more stable for every warehouse and distribution channel. The cost control issue isn’t isolated to those in a warehouse or distribution company. Carriers Will Lower Rates But Keep Many Others. Sector profitability is set to hit bottom in second half 2023.”