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November 21, 2023 Update

Freightos

Judah Levine November 21, 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) decreased 8% to $1,573/FEU. Air rates – Freightos Air Index China – N.

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Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. What is single sourcing and sole sourcing?

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The Benefits of Onshore Supply Chains

ivalua

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Overall, while relocating may be an investment at first, many procurement leaders agree that the benefits of having a supply chain closer to home are worth it.

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March 12, 2024 Update

Freightos

Judah Levine March 12, 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 7% to $4,419/FEU. Air rates – Freightos Air Index China – N.

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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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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.