Remove China Remove Freight Remove Inventory Remove Sourcing
article thumbnail

Navigating Uncharted Waters: Out of the Fort and Into the Moat

Freightos

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. to 0.85 (Source: ShipBob ). One of the most prominent shifts has been sourcing patterns. The key takeaway?

article thumbnail

Freight Cost Volatility Impacts on Inflation – An Analysis

Freightos

The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI. Let’s start by taking a look at global ocean freight prices. Sources: U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Ways a 3PL Fulfillment Agent in China Keeps ECommerce Competitive!

Supply Chain Game Changer

Importing From China! Either they can’t get products at all or there is a massive delay in when they can get them, resulting in upset customers, frustrated business owners, and overworked freight companies. To plan for Q4 inventory, you had to have your orders in place several months ago and now, it’s too late. Conclusion.

3PL 87
article thumbnail

You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure. Why I Am Worried.

article thumbnail

Changing Winds in Supply Chain

Supply Chain Shaman

There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. The increasing issues with tax and tariff shifts and the policies of China make the response more complicated. Rolling Electrical Outages in China. With only 5.8%

article thumbnail

Retailers receiving inventories any which way they can

Cathy Roberson

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

article thumbnail

We Are In Trouble. Raise the Red Flag. Be Proactive.

Supply Chain Shaman

China is at 74%, the United States tracks at 73%, Australia at 70%, and India at 42%. In Los Angeles, due to the trade deficit between the United States and China, 3.5 containers are received rom China for every container shipped. Labor shortages abound for road freight. Making the Argument. The world is still volatile.