Supply Chain Matters

MARCH 27, 2024

A day has passed after a container ship lost power and crashed into a support pylon of Baltimore, Maryland’s Francis Scott Key Bridge in the early morning hours of March 26. The 24 crewmembers aboard the vessel have been reported as not incurring any injuries. The collision caused this massive bridge spanning 1.6

Baltimore 52

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Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.

Report 52

Report Global Scenario Planning Forecasting 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In order to achieve this target, CEVA Logistics is incorporating environmental considerations in a variety of areas of operations, from warehousing to transportation and procurement. He was also in charge of carbon management and accounting and CSR reporting. Photo Credit: United Airlines. million gallons of SAF this year.

Resource Reduction 242

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Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

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ivalua

SEPTEMBER 8, 2022

The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. Secure executive buy-in from procurement, supply chain and IT leadership. For example, there are shortages of active piers, forcing ships to anchor for days or weeks before they can unload.

Manufacturing Procurement 130

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GlobalTranz

JUNE 23, 2021

As reported by the? Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing. Increase Stability of Transportation Procurement and Management by Partnering With GlobalTranz. State of the LTL Market. Journal of Commerce ,?

3PL 253

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Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

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Logistics Viewpoints

DECEMBER 5, 2022

Yes, SAP had inbound ASN’s (advanced ship notices). In one major case in 2017, the Hanjin Shipping company was declared bankrupt by South Korean courts. Or if the ship was in transit, Molex could see the geoposition and the speed of the vessel, and we could clearly tell it wasn’t going to go where it was supposed to go.

Agile and Lean Supply Chain 196

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Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases.

Price Reduction 177

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SCMDOJO

MAY 13, 2022

Each year around 700 million TEUs are shipped across the world keeping global trade and businesses running and more than eighty percent of global goods trade volumes are carried by sea, with about a sixth of that volume in shipping containers. Source: project44 Monthly report.

Supply Chain Design Software 83

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Freightos

NOVEMBER 7, 2023

That is a huge success story for the air cargo industry and as promised it has brought significant efficiencies. Speed and Urgency : Air cargo is used for faster shipping options, and the need for rapid communication and tracking is more critical in this industry. Increasingly I think it’s an ultramarathon.

eBook 214

eBook Optimal Sourcing Negotiating Skills Cargo 214

Supply Chain Game Changer

OCTOBER 29, 2020

Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right. Freight Shipping Intelligence.

Sourcing Strategies 75

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Supply Chain Matters

JUNE 13, 2023

The April report further pointed to some signs of optimism among industry participants for trends to hopefully turn around in the second half of this year. The May report narrative reinforced that that “the negatives seem to outweigh the positives in the logistics industry.”

Survey 52

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Freightos

FEBRUARY 22, 2024

Judah Levine February 22, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 1% to $4,889/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,764/FEU.

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

Freightos

JANUARY 3, 2024

Judah Levine January 3, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01) increased 63% to $2,713/FEU. Asia-US East Coast prices (FBX03) climbed 55% to $3,900/FEU.

Negotiating Skills 156

Negotiating Skills Asia Optimal Sourcing Europe 156

American Global Logistics

DECEMBER 7, 2022

Cargo planes could not fly out of or into Russia or Ukraine. Likewise, ships could not sail into or out of Russia and Ukraine. This was evident with the creation of a new report from the New York Federal Reserve. That report is the Global Supply Chain Pressure Index (GSCPI).

Russia 52

Russia Inventory Reduction Price Reduction Agile and Lean Supply Chain 52

Supply Chain Matters

MAY 22, 2023

The Logistics Managers Index Report® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP), reported an April 2023 value of 50.9,

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Freightos

DECEMBER 28, 2023

Judah Levine December 28, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 7% to $1,659/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $2,505/FEU.

Negotiating Skills 194

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Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Freight news travels faster than cargo Get industry-leading insights in your inbox. kg last week.

Negotiating Skills 285

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 285

Freightos

JANUARY 10, 2024

Judah Levine January 10, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 60% to $2,713/FEU. Europe weekly prices fell 38% to $1.86/kg. Europe – N.

Negotiating Skills 220

Negotiating Skills Asia Price Reduction Optimal Sourcing 220

The Logistics & Supply Chain Management Society

MARCH 22, 2022

How Shipping Can Help Save The Planet. Last year the Intergovernmental Panel on Climate Change, or IPCC, released their most damning climate report ever. While the facts and the consequences discussed in the IPCC report are frightening, they are not new. But to be honest, the shipping industry is as much of a culprit.

Expense Reduction 245

Expense Reduction Cost Reduction Strategies Shipping Resource Reduction 245

Freightos

FEBRUARY 13, 2024

Judah Levine February 13, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 11% to $4,859/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,589/FEU.

Negotiating Skills 194

Negotiating Skills Optimal Sourcing Asia Europe 194

Freightos

DECEMBER 19, 2023

Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $1,556/FEU. You can access our full report on the Red Sea disruption impact here.

Negotiating Skills 223

Negotiating Skills Asia Europe Optimal Sourcing 223

Freightos

FEBRUARY 28, 2024

Judah Levine February 28, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 2% to $4,809/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $6,709/FEU.

Negotiating Skills 177

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Intelligent Audit

JULY 5, 2022

Supply Chain Dive reported that the company’s buying binge has not been exclusive to the U.S., In a continued effort to achieve carbon neutrality by 2050, UPS has chosen to test out an electric cargo bicycle within crowded urban cities. Massive Inventory Levels Are Crashing Against Signs of an Economic Recession.

Quality 52

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Supply Chain Matters

OCTOBER 10, 2023

Amazon Invests $4 Billion in Generative AI Online retail and Cloud services infrastructure platform provider Amazon has announced a $4 billion investment in Anthropic in a reported effort to become a major player in Generative AI. OCEMA”) , an industry association consisting of 10 major international container shipping companies.

Supply Chain Planning Software 52

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Freightos

AUGUST 26, 2015

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. This is the experts’ selection – but if we had to choose just one, our go-to read is the fast-rising WSJ Daily Logistics Report. Air Cargo World.

Resource Reduction 120

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Enterra Insights

JUNE 18, 2019

Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Moving any product or service through a supply chain starts with a procurement contract, which initiates the tendering or bidding process via an RFI, RFP or other type of formal request. Talk about a great use case for blockchain!

Manufacturing Procurement 100

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ThroughPut

MARCH 22, 2022

The shipping industry contributes to 25% of America’s total GDP with the Port of Los Angeles and Port of Long Beach being the busiest, handling more than 40% of all inbound cargo shipped to the U.S. A port congestion occurs when ships arrive at a port but are unable to load or unload due to an existing full port capacity.

Optimal Sourcing 52

Optimal Sourcing Los Angeles Real-time Visibility Resource Reduction 52

Logistics Bureau

MARCH 3, 2020

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. COVID-19 Impact on Shipping. COVID-19 Impact on Procurement. A Case in Point: Apple.

Manufacturing Procurement 59

Manufacturing Procurement Global Supply Chain Software Supply Chain 59

Precoro

APRIL 18, 2023

Cargo Status Current information about the location and status of cargo is the first pillar of supply chain visibility. Shipping Rates Delivery cost makes up a significant part of a company’s procurement expenses, so visibility is essential for taming the spending.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Supply Chain Matters

APRIL 7, 2022

Global Shipping. The World Container Index , assessed by Drewy Consultants, is a compilation of eight major shipping routes to and from the United States , Europe and Asia. per 40-foot container reported at the end of February. Shipping Transit Timeliness. Global and Domestic Transportation and Logistics Indices.

Global Transportation 52

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Supply Chain Matters

MARCH 3, 2022

Global wide production, transportation and logistics activity levels reported for February, but continued rather concerning data related to global transportation service levels and cost. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. value reported for January. reported for January.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Enterra Insights

MAY 6, 2019

According to the staff at Supply & Demand Chain Executive , “A new report from Resilinc reveals that global risks increased throughout 2018, with geopolitical conflicts posing some of the most potentially costly and disruptive supply chain impacts.”[1] ” The year ahead. Weather disruptions.

Pharmaceutical 100

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Freightos

JULY 26, 2018

According to their 2017 annual report, over a quarter of Amazon’s third-party sales (which represent half of Amazon’s sales) are cross-border. In other words, if your shipping your own goods, you’re competition. Let’s Talk About Boats, Ships, and Trucks. That’s not surprising, given that Amazon’s shipping costs grew from $11.5

Logistics Network Optimization Software 133

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Supply Chain Matters

JULY 21, 2023

Bart DeMuynck, Chief Industry Analyst at supply chain visibility provider project44 indicates that he expects retailers trying to keep shelves stocked to be hit the hardest if a strike does occur, followed by automotive makers that ship millions of aftermarket parts to dealers and parts retailers. The company filed a request in U.S.

Negotiating Skills 52

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