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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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Writing: Working on My Book

Supply Chain Shaman

My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. Writing a book is a labor of love. It is my second book. To give readers a sneak peek for the book, here I share my interview with Peter. Peter is one of sixty-five companies that I have interviewed for the book. I am behind.

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Gravity & BuyCo join forces to break the silos between procurement and transport teams

Gravity Supply Chain

Gravity, a global leader in Purchase Order Management and BuyCo, the container shipping platform, announced their partnership to offer shippers with a comprehensive solution that allows procurement and transport teams to collaborate seamlessly for international trade operations.

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Navigating Uncharted Waters: Out of the Fort and Into the Moat

Freightos

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. to 0.85 (Source: ShipBob ). One of the most prominent shifts has been sourcing patterns. The key takeaway?

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5 Megatrends Shaping Supply Chain Innovations

The Logistics & Supply Chain Management Society

In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. From global to local and regional sourcing. Feature Article by Prof.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

The Covid-19 pandemic tested the global supply chain. Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Next Steps.

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Supply Chain Roundtable Series: Optimising the Manufacturing Supply Chain

Unleashed

Supply chain optimisation helps manufacturing businesses drastically reduce operational costs to improve revenue and customer satisfaction. In our latest Supply Chain Roundtable, four experts share their advice and experience around optimising the manufacturing supply chain. And you’d be right – they’re certainly a factor.