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Freight Market Intelligence: Data is crucial, but context is king

Freightos

As more data sources get legible, whether it’s container ship movements, eAWBs or carrier rates , it can have incredible ramifications. But a strike at a port in Germany or a typhoon off the coast of Vietnam, while temporary, can have major implications for supply chains. But even since July 2020, much has changed. And they are.

Freight 156
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Needed: A New Way to Manage Risk in Low Cost Countries

NC State SCRC

By deploying the “fast fashion” business model, the apparel industry began to outsource garment manufacture to suppliers and subcontractors in low-cost countries, such as China, India, Vietnam, Malaysia, Pakistan, and Bangladesh. However, cutting off imports from developing countries will usually not help people in these countries.

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SCRC Meeting Insights Part II: Management Principles for Executing Visibility Strategies

NC State SCRC

How do we understand and limit the data we focus on for decision-making? The problem in most supply chains is “not enough data”, because data is being created from machines, from people, from systems, and from external sources. No, the problem is too much data, not enough! No easy task.