article thumbnail

Supply Chain Digitization Gains Favor as Disruptions Continue

Logistics Viewpoints

Supply chains have experienced significant disruptions in the first half of 2022, from a global pandemic to wars, rising fuel costs, and a potential recession. Passing costs onto consumers is often not viable and, in some cases, has already occurred due to supply chain shortages. Ease of use is also essential.

article thumbnail

Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. trade negotiators will have to convince China to be receptive to working a deal.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Matters News Capsule Follow-Up

Supply Chain Matters

based Alabama and Georgia production facilities. Late last week Bloomberg reported that the industry is likely headed toward a 2-3 year slump in shipment volumes, hence the need for cost cutting and added efficiencies. Over the past 10 days, besides Maersk, Hapag-Lloyd and CMA-CGM indicated that they each will be cutting costs.

article thumbnail

23 warehouse pros reveal the best ways for warehouses to control & reduce fulfillment costs

6 River Systems

But without an effective fulfillment strategy, it’s difficult to control fulfillment costs, which can have a negative impact on the company’s bottom line. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process.

article thumbnail

The New Silk Road: Have You Evaluated Your Freight Options?

TMC

This shows that shippers are capitalizing on new mode/route combinations that will help them save cost, reduce lead time, and mitigate supply chain disruptions and risks (such as labor disputes in the ocean shipping industry). Source: World Economic Forum, [link]. To capture benefits like these, shippers need to be opportunistic.

article thumbnail

What’s the Best Response to Global Supply Chain Disruption?

QAD

Among many other specific investments announced November 9, 2021, the Act will: Allow port authorities to redirect project cost savings toward tackling supply chain challenges. Fund the Georgia Port Authority pop-up container yards project by reallocating more than $8 million . Production Execution. Supplier Relationship Management.

article thumbnail

The State of Georgia: Savings & Efficiencies in Procurement

Jaggaer

The State of Georgia Shares Pricing Advantages with Public Entities, Creating Further Purchasing Leverage for the State. Allowed Georgia’s public entities (such as city/county governments, public universities, and hospitals) to leverage the state’s buying power and contracts. State of Georgia Captures Savings and Efficiencies.