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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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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

This means building a cognitive engine to sense, learn, and adapt using market data for innovators. Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Procurement: Purchase price variance and procurement cost.

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Skillfully Managing Manufacturing Reshoring Projects

GlobalTranz

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. Reshoring is a hot topic in manufacturing. These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management. Innovation and Automation.

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This Week in Logistics News (February 3 – 9)

Logistics Viewpoints

In a strange twist, all the parking spaces for private planes in Las Vegas are currently booked, according to the Associated Press. The industry added jobs at a time when logistics companies have been coping with a faltering freight market for the past 20 months. Bank Freight Payment Index. Bureau of Labor Statistics.

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The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.

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Are Ocean Freight Prices Absolutely Broken?

Freightos

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering? It worked. .

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Should We Celebrate this Marriage?

Supply Chain Shaman

At the time, we were both deployed as consultants for Manugistics to help a manufacturing company to implement end-to-end planning. in to transportation management to drive routing information and booking optimization). The groups of supply planning, procurement and logistics operate within silos. History of E2open.