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. All rights reserved.

India 59

India Manufacturing Procurement Report Sourcing Strategies 59

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. While vessel capacity is expected to increase by 6 percent, industry demand levels are estimated to average a mere 2 percent growth in 2024.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59

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

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Many companies will reconfigure their supply chains to a much more regional approach, whereby production and sourcing are relocated closer to the final consumption markets, i.e. more local and less global. Digitalization Digital disruption is impacting most industries and people.

Supply Chain Software 130

Supply Chain Software Supply Chain Strategy Sourcing Strategies Supply Chain 130

Logistics Viewpoints

MARCH 28, 2022

TuSimple Holdings (NASDAQ: TSP) – in its most recent call with financial analysts – reaffirmed that they expect to have fully autonomous trucks on the road in 2024. Autonomous Freight Trucks. Nevertheless, she believes the revolution in freight logistics is coming; it is just a matter of timing. It is a brutal job.

Logistics Network Optimization Software 42

Logistics Network Optimization Software Security Freight Predictive Analytics Software 42

Cathy Roberson

FEBRUARY 2, 2024

According to UPS CEO Carol Tome, the 2024 U.S. “Winning back and winning new volume is part of a program we call Project Brown, which will continue into 2024,” Tome said. They’re a dual sourcer, and they have diverted some volume, and I suspect they’ll stay dual sourcing.”

Cost Reduction Strategies 70

Cost Reduction Strategies Las Vegas Logistics Network Optimization Software Negotiating Skills 70

Supply Chain Matters

NOVEMBER 14, 2023

production worker hourly wages starting in January 2024. 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

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Cost Reduction Strategies 52

Resilinc

SEPTEMBER 13, 2022

market and secure redundant sources of supply. As Resilinc blog readers know, the imperative to develop multiple supply sources arose from the unprecedented disruptions and delays of the last two and a half years. Mexico is seeing strong growth in manufacturing. Due to strong U.S. factory and its relationships with Chinese factories.”.

Manufacturing Procurement 62

Manufacturing Procurement Mexico Manufacturing Real Estate 62

SCMDOJO

APRIL 15, 2024

Source Amazon Product Range One of the key drivers of Amazon’s success in logistics is the sheer breadth of its product range. Amazon Logistics Fulfillment Centers: Estimated number: Over 185 globally (as of 2024, exact numbers can fluctuate) Function: These are massive warehouses where Amazon stores a wide variety of products.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

trillion industry by 2024 , consisting of not only food, but also cosmetics, pharmaceuticals, modest fashion, media & creation, and Muslim friendly travel. In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase. Developments.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. Source: 2021 FUTURE ENTERPRISE RESILIENCY & SPENDING- Wave 9, September 2021.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

Freightera

DECEMBER 21, 2023

Freightera’s CEO, Eric Beckwitt Gives His Predictions on The Trends in Sustainability in 2024. Deglobalization will accelerate, and reshoring and localization of manufacturing will continue 2023 has seen a severe freight recession, especially in North America, with significant overcapacity and declining rates for ocean shipping as well.

Sustainability 40

Sustainability Manufacturing Procurement Trends North America 40

Supply Chain Matters

SEPTEMBER 6, 2022

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.

Report 52

Report Global Scenario Planning Forecasting 52

Supply Chain Matters

SEPTEMBER 18, 2023

Flexport Focus Turns to Profitability and Cost Reduction In our supply chain technology breaking news update on September 7 th , we highlighted the sudden resignation of Dave Clark from the CEO role of freight technology start-up Flexport. Clark, who assumed the sole CEO role in March after company founder Ryan Petersen handed over the reins.

Supply Chain Planning Software 59

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Supply Chain Strategy 59

ToolsGroup

AUGUST 1, 2022

Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend. Image source: Shipping Easy. According to the U.S.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Freightos

DECEMBER 20, 2020

trillion in 2024. Which brings us to freight. For international freight, though, it’s more complicated. Building a marketplace for freight – rather than a digital forwarder – wasn’t an obvious solution but we’ve had strong conviction in the model for a few reasons. Enter Freight-as-a-Service (FaaS).

Logistics Network Optimization Software 157

Logistics Network Optimization Software Modeling Software Supply Chain Network Software Inventory Management Software 157

Intelligent Audit

NOVEMBER 22, 2022

Despite carrier hopes of volume normalization as the market contracts in 2023, FreightWaves warns, “ 2023 is likely to be another year of sub-replacement level builds due to parts and components shortages as well as Europe’s struggles with sourcing energy to power vendor manufacturing site. ”. YoY Volume Lapses Worry Air Cargo Companies.

Turkey 52

Turkey Supply Chain Design Software Optimal Sourcing Price Reduction 52

Supply Chain Matters

JULY 21, 2023

parcel shippers with the threat of a labor strike for parcel carrier UPS and for LTL carrier Yellow Freight. Meanwhile, some freight brokers are already diverting loads from Yellow to other carriers because of concerns that freight will be impacted by a strike action. This was a major request among union negotiators.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Transportation 52

Supply Chain Matters

APRIL 14, 2023

Founded in 2000, German based Transporeon provides a digital freight platform the supports more than 1,200 shippers, 100 large retailers, and over 120,000 logistics services providers and carriers. billion market valuation based on 2024 revenue expectations in 2024. while securing a $5.4

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 52

Supply Chain Matters

MARCH 22, 2024

At the Europe 2024 conference in Berlin , asked by reporters about the ongoing developments surrounding Boeing , he specifically indicated: “ I am not happy with the problems of my competitor. Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Quality 59

Quality Manufacturing Procurement Alaska Aerospace 59

Supply Chain Matters

APRIL 4, 2024

Four Kites and BuyCo Partner to Provide Ocean Freight Management Supply chain end-to-end visibility Cloud platform provider Four Kites and BuyCo , an ocean container shipping platform have announced a strategic partnership to provide Fortune 500 shippers with broader visibility and control throughout the entire container shipping process.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Resilinc

AUGUST 30, 2023

There is no solution for adding more water to Lake Gatun unless there is adequate rainfall (in 2023 and into the foreseeable future)—and El Niño is here to stay until February 2024. With the rise in climate risk, the canal (and all waterways) could be increasingly high risk. So, what can supply chain managers do?

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

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. Carriers Will Lower Rates But Keep Many Others.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Proxima

AUGUST 3, 2020

Whether warehousing, automation, freight, retail or e-commerce, business leaders needed to evaluate and address many or all in order to maintain their supply chains and keep up with the demand, which in turn, was drastically altered by the pandemic. billion by 2024. International and domestic challenges of freight amidst COVID-19.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 52

American Global Logistics

JANUARY 10, 2024

The old status quo cannot manage these disruptions in the 2024 supply chain. To get ahead of these tectonic shifts, identifying emerging trends will help you navigate the coming 2024 supply chain changes. Supply Chain Management With disruptions likely to persist in 2024, developing supply chain resilience and agility will be crucial.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Agile and Lean Supply Chain 52

Unleashed

MARCH 25, 2024

Consolidation warehousing is a strategy that allows your business to reduce transportation costs and improve customer service by combining shipments from various sources into a single truckload. Merge-in-transit Merge-in-transit is a strategy that takes shipments from various sources and delivers one to the customer.

Material Savings 52

Material Savings Warehousing Inventory Reduction Expense Reduction 52

ToolsGroup

APRIL 1, 2022

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Unleashed

MAY 19, 2020

billion by 2024, according to Business Wire. Craft brewing is projected to be a US$107 billion industry by 2024. Unleashed lets you add these additional costs (such as freight and duty) for each purchase order during the receipting process. and a forecasted market valuation of US$107.85 Case study 1: Epic Brewing Company.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

Logistics Viewpoints

MAY 19, 2023

The roadmap includes five key areas: Sourcing ingredients: which involves using regenerative agricultural methods such as working with farmers to reduce their dependency on conventional agrichemicals and transitioning toward 100% deforestation-free ingredients. billion between 2022 and 2024. The audit determined that CPW emitted 1.2

Logistics Network Optimization Software 210

Logistics Network Optimization Software GEP Logistics Florida 210

Supply Chain Matters

MARCH 13, 2023

billion in 2023, and reaching positive gross profit by 2024. Specifically noted, in part: “ Throughout the quarter, our cost of goods sold was impacted by short-term premiums on materials and expedited freight expenses which we expect to continue to negatively impact our gross margin in the near future.

Supply Chain Planning Software 52

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Expense Reduction 52

Supply Chain Matters

JULY 26, 2023

Added evidence came this week when FedEx’s unionized air freight pilots voted to reject a negotiated contract that was tentatively reached in May and initially endorsed by union leadership. All existing delivery vehicles will be equipped with two fans and air induction vents in cargo compartments.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction Strategies Procurement Analytics 52

ShipBob

JANUARY 22, 2020

By 2024, the global beauty market is predicted to reach $750 billion, up from $432.7 CBD products alone are expected to reach $20 billion by 2024. billion in 2016. This indicates that online cosmetic companies alone continue to be on the rise, and more DTC brands are staying competitive despite leading online retailers like Glossier.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Expense Reduction 52

Unleashed

JUNE 23, 2021

for the 2020-2024 period), but to also help businesses move on from the pandemic. Reduced carbon footprint: Cutting your freight times doesn’t just save money, it lowers your impact on the environment too. billion by 2024 (up from $14.9 Sources used in this article: [link]. YOY in 2020 up to a CAGR of 11.3% Who owns it?

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Supply Chain Matters

MARCH 17, 2023

Dr. Plattner’s term expires in May 2024. Freightos Cuts Revenue Forecast Cloud based freight booking and payments tech provider Freightos slashed its 2023 growth forecast amid continued reductions in global trade volumes and freight rates. During his tenure, Deloitte ’s revenues grew from $35 billion to more than $59 billion.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 52

Stord

MAY 2, 2022

This growth is continuing with e-commerce sales expected to reach $6 trillion by 2024. They might work with different trading partners, manufacturing partners, retail partners, and freight and parcel carriers. In short, they use and generate data from multiple sources. E-commerce is here to stay.

Supply Chain Planning Software 78

Supply Chain Planning Software St. Louis Supply Chain Software Demand Planning Software 78

Resilinc

JANUARY 15, 2024

The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. Which industries and companies are currently impacted in January 2024? Increased Shipping Rates from Red Sea Crisis The Red Sea crisis is expected to keep freight rates elevated through at least February.​

Industrial 118

Industrial Industry United Arab Emirates Pakistan 118

Supply Chain Matters

SEPTEMBER 12, 2022

That board reportedly made recommendations that included 24 percent wage increases during the period from 2020 thru 2024 with a 14.1 freight movements, the implications are large for many businesses. With rail accounting for an estimated 28 percent of total U.S. economy upwards of $2 billion per day.

Purchasing Training 52

Purchasing Training Negotiating Skills Agile and Lean Supply Chain Supply Chain Planning 52