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5 Easy-to-Use Ways to Monitor Supply Chain Health

Talking Logistics

Do you have the right metrics? Metrics show how your supply chain is performing – providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indicators of performance in terms of these goals?

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Launching the Freightos Baltic Index (FBX) for Daily Rates

Freightos

As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. And though the market index long predates digital computing, computing power combined with huge, aggregated data sets have proved fertile ground to improve visibility.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Because Russia and Ukraine are leading exporters of grain, wheat futures in Chicago rose by almost 6% to $9.26 IATA data shows global demand for air cargo markets jumped 3.7% Deloitte ).

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This Week in Logistics News (August 13-17, 2018)

Talking Logistics

Shuttered Sam’s Club in Matteson to find new life as e-commerce fulfillment center (Chicago Tribune). I’m curious how the 40 percent reduction in transit time was actually achieved since blockchain doesn’t make cargo ships move through water any faster. Nikola Raises $100 Million in August.

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How To Build Supply Chain Resilience in a Connected World

ShipBob

The Suez Canal became blocked, which held up inventory from the cargo on board the ship, as well as other ships that couldn’t go their planned route. Keeping our inventory in Chicago and Los Angeles has brought cost savings since we ship from the locations that are closest to the customer.”. Courtney Lee, founder of Prymal.

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Facing Hard Times, Shippers Find Innovative Solutions

Intelligent Audit

Supply Chain Dive , reporting on continued White House initiatives, said, “ efforts will remain focused on data collection and identifying potential incentives to encourage shippers and carriers to move cargo faster. ”. million metric tons. . Gas Prices Rise in Parts of U.S., Defying Falling Futures.

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This Week in Logistics News (February 17-21, 2014)

Talking Logistics

According to the product sheet , “Oracle Global Trade Intelligence provides a dashboard view into the unique metrics by which your customs and compliance operation measures success. Government to import or export cargo. The ITDS will allow businesses to electronically transmit, through a “single-window,” the data required by the U.S.