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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

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What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

Today’s headline news includes AllBirds, Boeing, Canada Goose, Chemours, EMC, Hanes Brands, Fisker, Ford, Krispy Kreme, LKQ, Ryder, Tesla, Timken, Tyson Foods, Weight Watchers International, and WestRock. When he speaks of the supply chain, he means procurement. The issue is cross-industry. This is his world.

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Challenges and trends in the food supply chain

Unleashed

What is the food supply chain? The food supply chain refers to the process of preparing a food product from start to finish: sourcing the raw materials and taking the food through a manufacturing process, through to the final packaging of the product, the sale to the customer and the final delivery.

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The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

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Climate Change: Yet Another Source of Global Supply Chain Risk and Disruption

BlueYonder

Following on the heels of COVID-19, port closures, labor shortages and geopolitical conflict, climate change-related events are emerging as a significant source of supply chain disruption. Australia has experienced a 16% decline in yearly rainfall since 1970 , threatening its agricultural industry and its long-term food security.

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Suppliers are Friends, not Food!

Supply Chain Game Changer

“Fish are friends, not food.”. Now… Is there something to be learned from this quote in Finding Nemo, that we can apply to procurement and sourcing? A gang of procurement and sourcing professionals with our backs up against the wall, and the fight is at our front door. Suppliers are our friends, not food!

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5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain

Logistics Viewpoints

This kind of disruption causes major dislocation in the sources of demand and shifts the centers of gravity for demand, forcing organizations to rethink their supply chain design. Given Ukraine and Russia have been major exporters of grain and seed oil, there is a widespread concern about escalating costs of food and basic essentials.