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High freight costs for importers means higher price tags for consumers

Freightos

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. When ocean container rates spike, so do the prices we pay.

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The Green Corridor: To Realise the Circular Economy Dream – Reach Out to Your Community

The Logistics & Supply Chain Management Society

In one example, Crust Group in Singapore provides a Southeast Asian example of a cross industry “circular economy” partnership. Travin Singh (creator behind Crust Brewing) realised that if he could find bakery partners, he basically had access to a cheap local source of beer making raw materials. The benefits to society are several.

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. Companies driving digital transformation did not outperform their peer groups during the past three years. Build in-market sourcing. The ride is uphill, but the visibility is low. What is normalcy? The reason?

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KPIs to assist manufacturers and distributors with supply chain challenges

SYSPRO Smarter ERP

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. Manufacturing KPIs. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

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Shouldn’t GenAI Mean New Gen?

Supply Chain Shaman

” I believe that the focus should be improving reliability (Forecast Value Added (FVA), first pass tender and yield, and manufacturing schedule adherence) while decreasing process, demand, and data latency. Why do we need hundreds and thousands of planners?” Sensing and Proactive Alerting.

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U.S. Freight Rates Reach Six Year Low Milestone

Supply Chain Matters

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. That is not good for retailers and manufacturers, each under the looking glass to reduce not only transportation but also inventory carrying costs. All rights reserved. The post U.S.

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Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

My first focus was on China sourcing. China was the source of over 90% of PPE.) To adapt, I recommend that companies form two groups: Operational/Business Continuity Group. The design of the second group is to analyze and reformat the supply chain for economic recovery. Step #5 Safe Manufacturing.