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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

Supply Chain Matters highlights the increasing realities of declining global trade and freight rates that are occurring in the first-half of 2023. Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. Earlier this month, the forecast was revised to an expected 2.5

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FedEx Second Quarter Financial Performance Disappoints

Supply Chain Matters

Just prior to the Christmas holiday, global transportation and logistics services provider FedEx formally reported fiscal second quarter financial performance that fell short of expectations. This latest quarterly financial performance for the November 2023 ending quarter was headlined with total revenue of $22.2

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Advanced Analytics for Supply Chain: 10 use cases

DynaSys

Forecasting and planning. Advanced Analytics let you share complex data and collaborate with critical stakeholders to improve forecast accuracy, better respond to consumer demand, reduce inventory, improve production, and grow profits. Transportation and Logistics.

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Report That Global Ocean Container Rates on the Decline

Supply Chain Matters

Supply Chain Matters once again highlights some positive news for global supply chain management teams, specifically transportation and logistics related teams. As supply chain logistics and transportation teams are keenly aware, rates peaked to more than $20,000 per container for both routes at this time last year.

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Getting APAC ready to transform demand planning with AI/ML

o9 Solutions

For example, rising commodity and energy prices are causing global transportation disruptions and delays. When combined, this information transforms historical data into a much more robust set of data points that can ultimately improve demand forecasting capabilities. to better forecast demand. .

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U.S. West Coast Labor Talks Begin This Week- Can a Timely Agreement Occur?

Supply Chain Matters

After a tumultuous two years of pandemic-driven supply and global transportation disruptions, the stakes are obviously high that both parties can reach a timely resolution to this period of contract renewal. As The Wall Street Journal noted in its reporting: “ The risks have seldom been as high as they are this year.”.

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What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part One

Supply Chain Matters

The year featured continual component shortfalls, explosive inbound materials cost increases and continuous global transportation disruptions. As depicted in our mid-year assessments , the global economic outlook significantly changed during this year with the IMF and the World Bank trimming their forecasts for 2022 growth.