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Trends in Sustainability: Deglobalization will accelerate in 2024

Freightera

Deglobalization will accelerate, and reshoring and localization of manufacturing will continue 2023 has seen a severe freight recession, especially in North America, with significant overcapacity and declining rates for ocean shipping as well. Sources and References [link] [link] [link] [link] [link] Eric Beckwitt is CEO of Freightera.

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Global Luxury Management “Lifestyle” brands require push supply chain design customization

Supply Chain View from the Field

More and more global luxury brands such as Gucci, Louis Vuitton, and others are promoting themselves as Lifestyle brands, spanning many products including fragrance, home collections, apparel, paint, wallpaper, foods, and many other products. The supply chain design is very much focused on contract manufacturing to a network of factories.