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Reimagining Logistics: Focusing on What’s Ahead, Not What Happened

Logistics Viewpoints

Challenges drive dramatic shifts in supply chain and logistics. Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. Hallmarks of successful logistics transformation. Automate, automate, automate – This is not a new idea or trend.

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DB Schenker – Singapore: A Vital Node in Singapore’s Logistics Ecosystem

The Logistics & Supply Chain Management Society

With such dramatic reductions in flights, Singapore’s status of a logistics hub was put severely at risk. With broad-based support packages, targeting hardest-hit industries like aviation, coupled with support of a strong logistics ecosystem, reinforced by global players such as DB Schenker.

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Editor’s Choice: 8 Supply Chain Planning Challenges Retailers Will Face In 2022 And Tips To Overcome Them

Logistics Viewpoints

Then as we slowly started going out and getting used to the new normal, people realized that public transportation was not the best option because of virus transmissions, which increased the demand for cars. Leading to long lead times, shortages, rising prices, and complications in transportation lines.

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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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Editor’s Choice: Creating Full Truckload Budgets in a Volatile Market

Logistics Viewpoints

One of the more difficult activities that logistics executives have to engage in is the creation of transportation budgets. Whether it’s for ocean freight, air, rail or truck, the fundamental issue with budgeting is that folks are called upon to assign accurate costs to transportation services that will be provided in the future.

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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. Our specific prediction was that manufacturers and retailers will exercise considerable pressure on carriers for re-negotiating existing transportation and logistics contracts. All rights reserved.

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The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

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. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.