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

Supply Chain Shaman

Labor shortages abound for road freight. The Freight Rates for a 40 foot container from China to the west coast of the United States is quadruple the price of a year ago. The supply chain leader is struggling with increased cost and delayed on-time deliveries in ocean freight. The Baltic Index: Comparison In Price.

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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven.

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Skillfully Managing Manufacturing Reshoring Projects

GlobalTranz

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. than simple cost comparisons. Reshoring is a hot topic in manufacturing. These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management.

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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

I thought I understood all the major supply chain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and Supply Chain Strategy beyond Covid-19. However, smaller shale players, who suffered more from this boom and bust market, are sticking to a “disciplined-growth strategy.”.

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Why Data Sharing is Limited in a Competitive Environment

Supply Chain Trend

In Pierre Pinson’s article “To Share or Not to Share: The Future of Collaborative Forecasting,” the comparison between data and big oil is striking. The meat manufacturer could only react on such short notice because of the POS data from the retailer. Asymmetry of Data Ownership. It was a win-win situation. CONCLUSION.

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How Building Materials Manufacturers Can Address Rising Material Costs

USC Consulting Group

Firms in the building materials manufacturing space are, of course, among the numerous industrial businesses dealing with the repercussions of these duties. For comparison, the average price per thousand feet of Canadian fir, pine or spruce wood hovered near the $500 mark for most of 2017. Operational optimization.

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Why Shipping Lead Time Matters in a Tight Freight Market

Zipline Logistics

But with freight conditions like those we have seen throughout most of 2020, building in additional lead time is an even more essential piece of your logistics operational puzzle. Building-in additional lead time in a tight freight market is crucial. On-time freight performance also increased to 99.27%. Efficiency improvements.

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