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Modeling Piece Price Comparisons for Local and Regional Suppliers Versus Low-cost Country Initiatives

SCMDOJO

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach.

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The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

Maersk has unabashedly championed vertical integration for years, advocating an “end-to-end” strategy. Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. No end to end-to-end. Accelerating the shift. Image via StarAir.dk).

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High freight costs for importers means higher price tags for consumers

Freightos

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. But elevated freight rates have pushed costs to $4-5 per unit.

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Can Airfreight Smoothen the Supply Chain Bottlenecks

20Cube Logistics

Additionally, when the ports are facing capacity crunch or the tariffs of ocean freight and container skyrockets, it iis airfreight that comes as the savior. With the current business scenario changing at a rapid pace, the freight forwarding industry is shifting its focus towards airfreight. Capacity Crunch of Ocean Freight.

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How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Maybe this wouldn’t be so bad if expenses fell too.

Freight 102
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Supply Chain Market Report – July 2022

Elementum

Output stalls as price increases reduce demand and it becomes more expensive to borrow money. This could indicate manufactures are expecting to reduce production and are, therefore, ordering fewer raw materials. This could indicate manufactures are expecting to reduce production and are, therefore, ordering fewer raw materials.

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What Is Retail Consolidation?

CH Robinson Transportfolio

If you’re currently shipping less than truckload (LTL) or underutilized truckload freight, a retail consolidation program might be the answer you need. The right shipping strategy is vital to ensure your products are where they need to be when they need to be there, especially in times of disruption.