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January 30, 2024 Update

Freightos

Judah Levine January 30, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 38% to $4,099/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 21% to $6,152/FEU.

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Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

This is why supply chain managers are always stressing over demand forecasts — something that tops the list of most critical inventory management practices. On the contrary, you should be exploring all your procurement options globally, nationally, and locally. Once cargo has shipped, there are no “backsies.”

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Supply Chain Risk Management in 2024: A Forward Look with Tom Linton

Resilinc

Accomplished procurement veteran and author Tom Linton provides valuable insights into the supply chain risk management landscape in 2024 in this exclusive Q&A. In this Q&A, Tom shares insightful stories from his over 20 years in procurement and tells us what should be top of mind for supply chain managers in 2024.

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Your Supply Chain to Increase Efficiency and Sustainability

ThroughPut

Sourcing and procurement departments exist to mitigate this issue, but input bottlenecks remain common. Plus, sharing sales and inventory data and shipment information erases stoppages and uncertainty, which equals a more efficient supply chain. Supplier issues can bring production to a halt. Throughput issues are similar. Ali Hasan R.

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Your Supply Chain to Increase Efficiency and Sustainability

ThroughPut

Sourcing and procurement departments exist to mitigate this issue, but input bottlenecks remain common. Plus, sharing sales and inventory data and shipment information erases stoppages and uncertainty, which equals a more efficient supply chain. Supplier issues can bring production to a halt. Throughput issues are similar. Ali Hasan R.

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Navigating the Future in an Uncertain Political and Regulatory Environment

NC State SCRC

He also noted that many companies have a strong focus on globalization, as countries like Yemen, Mynamar, Cote D’Ivoire, and Mongolia have 7-8% growth rates. India and China are both growing at rates of 6-7% as well. Textiles in India is going up – but geopolitical risks are still very high in all of these regions.