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Editor’s Choice: Ocean Trends for 2021

Logistics Viewpoints

Today’s article is from FourKites and examines ocean trends for 2021. During the first six months of 2021, North America, Asia and Europe saw marked growth in shipment volume, with the highest increase seen in May. In June, shipments were up by 32% and 33% for Asia and North America, respectively, compared to January 2021.

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Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings. In this article we will focus on another key development in the shipping industry: Global Shipping Alliances (GSAs).

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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

They were able to take variable costs, fixed costs, transport costs, different transport types and many other options into account. . Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. Evaluating Potential for Reshoring . Stay tuned! .

Modeling 361
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Best-Cost vs. Least-Cost Sourcing

Talking Logistics

A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. And earlier this month, the Wall Street Journal published an article about how the toy maker K’Nex has moved most of its manufacturing operations from China to its factory in Pennsylvania. Do you agree?

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Blockchain is Coming to Transportation – Here’s How

Talking Logistics

The transportation industry has long discussed blockchain with a healthy dose of skepticism or has taken a wait-and-see approach to its adoption. A modern, multi-modal Tier 1 TMS can now take data from all sources, cleanse it and use it. Small but mighty. There are more than 500,000 TL carriers in the U.S. with eight trucks or less.

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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

They were able to take variable costs, fixed costs, transport costs, different transport types and many other options into account. . Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. Evaluating Potential for Reshoring . Stay tuned! .

Modeling 177
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Savvy Supply Chain Leaders Aren’t Letting a Good Downturn Go to Waste

Logistics Viewpoints

A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. 17% went bankrupt, went private, or were acquired.