Freightos

JANUARY 10, 2024

More Resources Home January 10, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) increased 176% to $4,391/FEU.

Negotiating Skills 221

Negotiating Skills Asia Price Reduction Optimal Sourcing 221

Logistics Viewpoints

SEPTEMBER 28, 2021

Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. The impact? We will certainly be feeling the repercussions throughout a bumpy holiday shopping season — and beyond.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

ToolsGroup

MARCH 17, 2020

Macro events like the Coronavirus crisis trigger demand volatility that affects every link in your global supply chain—from the raw materials you procure to setting safety stock levels to planning logistics and promotions. One US-based ToolsGroup manufacturing customer sources parts from several Chinese and Italian suppliers.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

Proxima

AUGUST 25, 2022

When Chinese manufacturing cities come to a hard stop on short notice, there are serious consequences for global supply chains, with delays spilling over at local ports, nearby alternative outlets, and into destination ports, causing volatility and confusion right across the market.

Policies 91

Policies Global Manufacturing Procurement Supply Chain Software 91

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

More specifically, it took 83 days for container transport from Europe to Asia, and 88 days from North America to Asia. The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

SCMDOJO

JULY 24, 2023

The Netherlands: The Logistics Hub of Northern Europe The Netherlands stands as a logistics hub for the whole of Europe due to several factors. Suppliers and Manufacturers: Suppliers and manufacturers are the entities that produce or provide the goods needed by the shippers.

Logistics Network Optimization Software 93

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 93

Supply Chain Matters

MARCH 22, 2024

We do so in the lens of supply chain management and manufacturing. While such an application might have been effective, and Procter and Gamble might have been pleased, it is not in conformance with the approved manufacturing process instruction specification for the aircraft. All rights reserved.

Quality 59

Quality Manufacturing Procurement Alaska Aerospace 59

Supply Chain Matters

APRIL 4, 2024

The deal reportedly will further enhance Oracle’s logistics software deployment capabilities across Europe. Rockville, Maryland based OCR specializes in content and services related to export compliance and controlled commodities, denied party screening, license procurement and product classification services. All rights reserved.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

The Logistics of Logistics

OCTOBER 12, 2012

Chuck has significant operational experience having served as the Chief Procurement officer for The Schwinn Bicycle Company, Ping Golf, Troy Built as well as a procurement officer for Maricopa County Arizona. It should be noted that, with the exception of Schwinn, Chuck began work with these organizations as a Supply Chain Consultant.

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 100

Supply Chain Matters

AUGUST 4, 2022

In our prior published Supply Chain Matters commentary, we reviewed and provided some added insights on July’s global manufacturing PMI indices which are pointing to declining global supply chain production momentum. Chinese manufacturing output had reportedly dropped by upwards of 30 percent as consumers shifted spending to services.

Supply Chain Planning Software 52

Supply Chain Planning Software Global Supply Chain Planning Supply Chain Software 52

BlueYonder

MAY 14, 2021

One of the factors in that evaluation would also be the freight costs you incurred for that container and any additional costs if you are expediting another shipment. If you were to check the freight invoice, you probably paid four times the cost of the container as compared to last year! Peaking Rates. Chart Source: Freightwaves).

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Reduction Agile and Lean Supply Chain 52

Shipsy

MAY 12, 2020

Major mobile phone manufacturers also have resumed operations in Uttar Pradesh, Bangalore and Chennai. Steel manufacturers have witnessed huge volumes moving through exports since the domestic demand has been slowed down due the lockdown. May 12, 2020.There April 9, 2020.

Resource Reduction 69

Resource Reduction Cost Reduction Strategies Manufacturing Procurement Asia 69

Supply Chain Matters

MARCH 29, 2023

The essence of this report that cites an informed source, indicates that Rivian is about to initiate a manufacturing reorganization that will include the relocation of portions of the start-up’s manufacturing engineering team to be directly resident at the company’s Normal, Illinois production facility.

Automotive 52

Automotive Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 52

Supply Chain Shaman

JANUARY 8, 2014

He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Prior to joining Starbucks, he worked at the executive leadership level in Europe, Latin America and North America at ICI, a global chemical company.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

Supply Chain Matters

SEPTEMBER 18, 2023

Flexport Focus Turns to Profitability and Cost Reduction In our supply chain technology breaking news update on September 7 th , we highlighted the sudden resignation of Dave Clark from the CEO role of freight technology start-up Flexport. Clark, who assumed the sole CEO role in March after company founder Ryan Petersen handed over the reins.

Supply Chain Planning Software 59

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Supply Chain Strategy 59

Supply Chain Matters

MARCH 23, 2022

After a three-day stoppage of rail operations impacting transcontinental shipments of key commodities and manufactured goods, the Canadian Pacific Railway and the Teamsters Canada Rail Conference have reached a settlement calling for final and binding arbitration of differences. China Silk Road Rail Link Disrupted.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Supply Chain Matters

AUGUST 2, 2022

Global consumer product goods provider Nestle in its latest report of quarterly financial performance indicated that despite being able to raise prices for a wide variety of marketed products, higher costs for commodities, freight and energy continue eroding profit margins. Higher costs reportedly have resulted in a 2.8

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Planning Price Reduction 52

Supply Chain Game Changer

FEBRUARY 27, 2019

Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. In Western Europe, Brexit has had an adverse effect on trade, creating volatility and weakening the British pound. Supplier consistency applies to manufacturers as well.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

Supply Chain Matters

AUGUST 30, 2023

imports has fallen, its share of Europe ’s imports has risen and that trade volumes with Vietnam and Mexico have also increased. As an example, the authors point to Vietnam gaining ground in electronics, apparel and textiles, while Mexico has been increasing U.S. import share in auto parts, glass, iron and steel products.

Sourcing Strategies 59

Sourcing Strategies Global Price Reduction Vietnam 59

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

Zipline Logistics

JANUARY 10, 2023

T he cascading logistical problems caused by the pandemic and the war in Eastern Europe have made securing a reliable supply chain a national imperative. So, what must manufacturers and policymakers do to ensure that we have secure and resilient supply chains? Andrew Lynch x Authority Magazine Interview. Perform a network analysis.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

Supply Chain Matters

APRIL 7, 2022

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. The index that tracks ocean container movement from Asia to Western Europe increased to 116 days, reportedly a new record. per 40-foot container. That compares to $9,279.46

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

Enterra Insights

OCTOBER 10, 2018

Multiple people familiar with the matter say investigators found that the chips had been inserted at factories run by manufacturing subcontractors in China.” As the British journalist Rose George documents in her book Ninety Percent of Everything , some 100,000 enormous freight ships transport 90 percent of the world’s trade.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Design 100

Supply Chain Matters

MAY 23, 2022

The authors specifically make mention of geopolitics along with the ongoing effects of the pandemic impacting many manufacturing regions in China. The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. is only a half-point lower than the metric’s all-time average of 74.4).

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

Supply Chain Game Changer

FEBRUARY 18, 2020

I started my career working in 3PL’s – one of which was the largest freight forwarder in the world in the 1990’s. I then went on to work as a ‘shipper’, for a swiss confectionary manufacturer and then a global IT distributor. His experience covers the full Logistics spectrum, from raw material procurement to.

Supply Chain Design Software 77

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Singapore 77

Logistics Bureau

MARCH 19, 2020

With the global auto industry heavily reliant on components from China, many assembly plants in Europe have had to shut their doors and send workers home. Some US manufacturers, however, have resorted to airlifting supplies from China at a premium price. General Motors: Has airlifted supplies for its North American truck production.

Pharmaceutical 52

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 52

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

Spanning Global, Regional, Country Operational/Commercial Roles and General Management in Asia Pacific and Europe. Based in the USA and later North Asia, I specialized in “Supply Chain Solutions” for North American / European Corporations with Asia Pacific manufacturing/sourcing operations”. “My my very structured upbringing.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Supply Chain Game Changer

JULY 2, 2021

We’ve interviewed executives in Retail , Public Sector , Procurement and other industries and disciplines to get a sense of how the industry is reacting, not only to navigate the immediate challenges, but to future proof themselves from future disruption. Ports in Los Angeles and Long Beach, as well as in Europe and other global locations.

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

Shipsy

MAY 12, 2020

Major mobile phone manufacturers also have resumed operations in Uttar Pradesh, Bangalore and Chennai. Steel manufacturers have witnessed huge volumes moving through exports since the domestic demand has been slowed down due the lockdown.

Resource Reduction 52

Resource Reduction Material Savings Logistics Network Optimization Software Demand Planning Software 52

ToolsGroup

APRIL 1, 2022

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Automotive News Europe ). Consultancy UK). Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

ShipBob

NOVEMBER 6, 2023

This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand. Doing this analysis helps you make informed decisions about freight shipments, find out if you’re overspending, and gain greater visibility into freight shipments.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Enterra Insights

NOVEMBER 29, 2018

Billal Chouli explains, “A supply chain is a network of suppliers, manufacturers, and retailers, as well as intermediaries including freight companies, warehousing companies, and brokers, who transfer goods, services, money, and information amongst one another. The importance of supply chain management.

Optimal Sourcing 100

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 100

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Procurement will play a key role in monitoring supply base conditions.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Game Changer

JANUARY 18, 2022

However the continuity of supply issues caused by the pandemic has created a call to repatriate much of this manufacturing into domestic, albeit higher cost, regions. Canada or Western Europe. Canada or Western Europe. This scenario played out across numerous industries and is not limited to manufacturing.

Manufacturing Procurement 93

Manufacturing Procurement Sourcing Strategies Cost Reduction Strategies Optimal Sourcing 93

The Logistics & Supply Chain Management Society

JUNE 30, 2022

The experience stems from the ground up as an operator, then assuming global roles spanning Asia, Europe, and North America and the journey has been incredibly exciting and fulfilling. We managed the supply chain for China’s largest manufacturer with close to US$500m in logistics spend. This is in a position to shift again.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130