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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Nearshoring, reshoring, ally-shoring, and China+1 Many companies have started to shift away from single sourcing, using strategies like nearshoring, reshoring, ally-shoring, and China+1 to build more resilient supply chains. This provides benefits like shorter transportation times and improved inventory efficiency.

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What are the best Supply Chain Strategies for 2021

ivalua

When it comes to factors like access to labor, it becomes an improbable task to reproduce a labor market the size of say China or India. For example, China and the United States are ranked 1 and 2 respectively for the production of rare earth elements, but this is deceiving as China is producing 5 times the amount of the United States.

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January 30, 2024 Update

Freightos

Judah Levine January 30, 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 38% to $4,099/FEU. Air rates – Freightos Air Index China – N.

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December 13, 2023 Update

Freightos

Judah Levine December 13, 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 1% to $1,603/FEU. Air rates – Freightos Air Index China – N.

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The Transformation of Supply Chain Management – IoT, AI, & Blockchain

Oracle SCM

IoT has massive implications for supply chain management, including manufacturing, inventory management, and logistics. For Inventory – supply chain organizations have the ability to instantly look up the supply levels across the planet of every SKU and its precise location. See Oracle Deploying IoT, AI, and Blockchain In Action.

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Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

Resilinc

The main countries affected by the drought are China, Japan, South Korea, and the US, as the Panama Canal facilitates 46% of container movement from northeastern Asia to the US. The current situation in the Panama Canal has already caused China-US spot shipping prices to rise by as much as 36%. Schedule a demo today.

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2019 Supply Chain Logistics Trends

Clear Spider

For example, the United States announced new rules governing nitrogen oxide emissions from trucks, Singapore announced a carbon tax to limit greenhouse gas emissions, and China introduced a soil pollution law and shut down many heavy pollution factories. Want to learn more about Inventory Management Solutions ? Schedule a Demo today!