Remove Benchmarking Remove Cargo Remove North America Remove Transportation
article thumbnail

Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started.

article thumbnail

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

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Increased Shipping Costs, Delays, and Transportation Issues. Department of Transportation ). Deloitte ). Financial Times).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Work with your broker to see if you can get priority on unloading the ship and inland transport. Hold your imports as long as possible before committing to final delivery.

article thumbnail

Better Inventory Management Requires International Suppliers To Step Up to Digital Transformation and Collaboration

Logistics Viewpoints

Just last year many were chartering their own cargo ships to get all these goods to their destinations.) Transportation teams could drill into their top bottlenecks by facility, carrier performance, dwell time and volume. So, what is it going to take to enable better inventory management?

article thumbnail

Global study reveals increased use of third party logistics providers and outsourced logistics services key to success in emerging markets

Supply Chain Network

providers in North America, Europe, Asia-Pacific and Latin America, as well as other locations throughout the. and packaging sufficiently to handle long distance transportation. Collins, Managing Partner, Transportation & Logistics – Americas, Heidrick & Struggles. Because electronics.