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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven.

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Understanding the Shipping Container Shortage!

Supply Chain Game Changer

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. Over a year into the pandemic, supply chain professionals continue to perform heroics as the challenges continue to mount – both from new disruptions, and from knock-on effects from those that have come before. Subscribe Here!

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How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Suddenly the freight industry is not so opaque.

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A Time for Unfiltered Straight Talk

Supply Chain Matters

Frequent readers of the Supply Chain Matters blog may recall one metaphor that this Editor has invoked over the past three years – the Eagle ’s tune, In a New York Minute ( Everything Can Change ). Friedman went on to articulate that transit times to move inventory from Asia to the U.S. Additional Thoughts.

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2022: A Look in the Rearview Mirror–Part I

American Global Logistics

Likewise, ships could not sail into or out of Russia and Ukraine. This was evident with the creation of a new report from the New York Federal Reserve. For example, at the Port of New York New Jersey (NYNJ), port officials announced a new penalty feels for empty containers with lengthy dwell times.

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Bring Out the Best in Your Supply Chain

Kinaxis

Professor of Supply Chain Procurement at Rutgers University), the article discusses some key traits held by the best supply chain managers. The Port of New York and New Jersey was hit hard, and they “had about 24 hours’ notice before Sandy hit,” she said. Featuring research by Arash Azadegan (Ph.D, Strauss-Weider Inc.,

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Mid-Year Assessment of 2022 Supply Chain Predictions- Part Three

Supply Chain Matters

One of the benchmarks we referenced as part of our prediction was The World Container Index , a measure of container shipping rates among eight major global transshipment lanes, which is published by Drewry Shipping Consultants. Mid-Year Global Transportation Assessment.