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December 19, 2023 Update

Freightos

Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $1,556/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU.

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Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

That stated, February’s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ’s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels.

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Supply Chain Matters News Capsule Follow-Up September 9 2022

Supply Chain Matters

A published report by Nikkei Asia (Paid subscription or metered view) reports that manufacturers and suppliers located in the Chengdu and Shenzhen areas of China are once again impacted by a new round of population shutdowns manifested by the country’s zero tolerance Covid-19 infection policies.

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Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

Jaggaer

Digital transformation is delivering benefits to many of the world’s leading fashion companies, especially in Italy, where roughly half of the leading fashion concerns have implemented JAGGAER solutions. The procurement function also manages supplier relations, negotiations, competitive intelligence and key performance indicators.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

One of the more important observations from the March S&P Global report was the following: “ Inflows of new work strengthened from both domestic and export markets, the latter reportedly reflecting better sales to Africa, Asia, Europe and the U.S.” U.S. Manufacturing Growth Shows Signs of Rebound The two followed indices of U.S.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

On a regional basis, Europe reportedly remained a principal drag on global factory output, along with what were described as slight dips in production volumes across Asia. Germany reportedly remained the worst performer while faster declines were reported for Italy , Spain and Ireland. The output index from the PMI survey dipped 0.9