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Global Supply Chain Volatility Continues to Moderate But Not Inventory and Warehousing Costs

Supply Chain Matters

The Logistics Managers Index ReportĀ® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP) , reported a September value of 61.4,

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Increasingly, forecasts are being improved by leveraging outside data sources rather than merely relying on a companyā€™s internal historical shipment data. It turns out the Super Bowl happened on February 12 th in Glendale, Arizona.

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Driver Shortage, Driverless Vehicles, and Other Supply Chain Curiosities

Logistics Viewpoints

Currently, most driverless opportunities are limited to secure private zones or closed environments, such as warehouses, campus environments or last mile runs from depot to front door. Our mission and core values are the foundation of our culture and guiding source in our interactions. In a word, itā€™s data. Keep Your Eyes on the Road.

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June 2023 US Logistics Managers Index Drops to a Revised Low

Supply Chain Matters

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Consultancy UK).

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Two Indices of Supply Chain Activity Noting Supply Chain Volatility Trending

Supply Chain Matters

The Logistics Managers Index Report Ā®, compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP) , reported an April 2022 value of 69.7

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

Supply Chain Matters

not only described as a ā€œ significant rate of contraction ,ā€ but also the first time that this particular metric has reached such a low level. Supply Chain Matters highlights this weekā€™s release of the U.S. Logistics Managers Index (LMI) that dropped to an all-time low for May 2023. Consequently, transportation prices reportedly declined 8.9