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Freight Market Intelligence: Data is crucial, but context is king

Freightos

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

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Added Evidence of Emerging Regionalization of Global Supply Networks

Supply Chain Matters

The Ferrari Consulting and Research Group, via its affiliated Supply Chain Matters blog calls reader attention to two recently published research papers that address evidence of ongoing shifts in global supply component and end production sourcing. The data is quite extensive in terms of scope and activity levels. imports peaked at 21.6

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The Top 6 Use Cases for Network Optimization

Logility

It’s time to evolve your supply chain from one-size-fits-all to purpose-built. Do your business leaders believe they’ve locked down your supply chain network with the right partners, processes, technologies and contingencies that can overcome next week’s challenges as well as next year’s?

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This Week in Logistics News (November 25 – December 1)

Logistics Viewpoints

It also uses artificial intelligence to forecast daily demand for over 400 million products, predicting where in the world they are likely to be ordered. In other Walmart news, the company is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chain.

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Digitisation: Shifting Gears in 2021

The Logistics & Supply Chain Management Society

Consumers demand more transparency, governments wish to ensure homeland security, and supply chain stakeholders are seeking higher levels of visibility for optimisation and increased resiliency. Supply chain and logistics are at the centre of our economy. In Q1 2020, around 50% of global supply chains were impacted by the virus.

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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape. We can observe this quite clearly in the growth experienced in countries like Vietnam, India as well as Hungary and Mexico.

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Ocean Freight Performance in September 2021

Freight Plus

Retailers such as Walmart, Home Depot, Ikea (who is also buying their own containers), Dollar Tree, and Costco (which will lease smaller charters through next year) have all chartered their own vessels to help combat severely supply chain constraints. Vietnam is slowly opening back up but production will take time to ramp.

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