Intelligent Audit

MARCH 17, 2022

As rising parcel carrier fuel surcharges change the dynamics for shipping companies, owners and decision-makers need to stay level-headed and informed to make the best business decisions. Patrick’s Day, parcel carrier fuel surcharges are imminent for omnimodal shipping. . The State of Fuel Prices. FedEx and UPS Fuel Surcharges.

Price Reduction 98

Price Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 98

QAD

AUGUST 16, 2022

Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict. QAD Auctions tailors auction designs to the specific negotiation and award strategies and improves sourcing results. Potential U.S.

Optimal Sourcing 94

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Supply Chain Matters

DECEMBER 13, 2022

Disruptions were brought about not only by the persistent and recurring spread of Covid -19 infections globally, but also significant storms and natural disasters, a one-week blockage of one of world’s most transited shipping canals, followed by complete disarray among global shipping schedules. seen as a likely alternative.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Optimization Supply Chain Software Supply Chain Strategy 52

Supply Chain Matters

JULY 6, 2022

Further reported was that about two-thirds of the company’s inventory was still in-transit at the end of the most recent quarter. In 2021, Nike experienced discernable production and transportation disruptions for products sourced in Vietnam as suppliers struggled with Covid-19 lockdowns, labor and transport shortages.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

NC State SCRC

OCTOBER 5, 2022

Some of the supply constraints are also due to the destruction of key infrastructure in the Ukraine for shipping of these commodities. Thus, expect to see sanctions against Russia continuing for at least five years or more. Dual sourcing and longer term contracts – This is always a challenge.

Conference 52

Conference Ukraine Global Purchasing Skills 52

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . In this Part Two posting, we provide highlights to Prediction Three outlined in our advisory. Canada or Mexico.

Predictive Analytics Software 52

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ThroughPut

OCTOBER 28, 2019

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. And when shipping to volatile countries, it becomes even harder. Once cargo has shipped, there are no “backsies.” By Ali Hasan Raza.

Saudi Arabia 40

Saudi Arabia Material Savings United Arab Emirates Shipping 40

Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.

Report 52

Report Global Scenario Planning Forecasting 52

Supply Chain Matters

MARCH 23, 2022

American Shipper reported last week that the number of container ships calling on major U.S. West Coast ports during 2021 in trying to process historic ship backlog levels. importers are resetting inventory ordering strategies to avoid any contentious contract talks this summer. East Coast Ports the Likely Next Test.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

Supply Chain Matters

JUNE 24, 2022

Demand factors are responsible for about one-third, with the remainder resulting from ambiguous factors ” He further states that the larger impact of supply factors implies that inflationary pressures will not completely subside until labor shortages, production constraints, and shipping delays are resolved. That would be spot on, as well.

Supply Chain Disruption 52

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Supply Chain Matters

MARCH 3, 2022

The World Container Index , assessed by Drewy Consultants, is a compilation of eight major shipping routes to and from the United States , Europe and Asia. The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times. Of particular concern was the Inventory level index, which rose 9.1

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Supply Chain Matters

MAY 9, 2023

Ocean container transport costs as reflected by The World Container Index increased in excess of 134 percent from 2020 to 2021, with the cost of shipping a standard container from Asia to the U.S. Inventory levels in retail channels remain at high levels because of bullwhip excess ordering.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Pharmaceutical Supply Chain Planning 52

USC Consulting Group

MARCH 27, 2023

The industry is looking for ways to take the risk out of its supply chain, namely by reshoring or nearshoring supply to offset the worry about once-reliable sources. One of the wild cards in terms of supply chain is the current geopolitical instability, with the war in Ukraine lingering and tensions heating up with China and Russia.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

BlueYonder

SEPTEMBER 6, 2022

And the threat of “rain” is a complex one, ranging from port closures and materials shortages to tariffs, natural disasters, and blocked shipping lanes. You can’t simply look up at the sky, assessing the cloud cover. Supply-side risk and disruptions are taking many forms.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Supply and Demand 52

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Matters

MAY 3, 2022

The report further indicated that Inputs, expressed as supplier deliveries, inventories and imports, continued to constrain production expansion. That places the summer months, traditionally the ramp-up of global shipping to support holiday related product demand, at an increased peril of swamping ports. The reality that U.S.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Supply Chain Matters

APRIL 1, 2022

The metaphor was reflective of when global shipping lines elected to take advantage of such disruptions to drive up shipping rates and ancillary charges to unprecedented levels with ongoing financial impacts to multiple industries. Friedman went on to articulate that transit times to move inventory from Asia to the U.S.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Material Savings 52

Supply Chain Matters

JUNE 3, 2022

An accompanying report commentary noted in-part: “ Notably, expectations of continued supply chain difficulties, rising costs, the Russia-Ukraine war and tighter pandemic-related restrictions in mainland China meant that firms are now anticipating a fall in output over the next twelve months. The reality that U.S.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Supply Chain Planning Report 52

Unleashed

APRIL 18, 2022

An example of supply chain resilience A basic example of supply chain resilience is building in redundancy through dual sourcing: having an alternative supplier for important parts or ingredients. Their Head of Supply Chain, Daniel Bull-Clearie, initially sourced their raw product entirely from their own coastal farm.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Inventory Reduction Supply Chain Strategy 97

TMC

MARCH 9, 2017

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.

Cost Reduction Strategies 48

Cost Reduction Strategies Purchasing Training Inventory Reduction Negotiating Skills 48

GlobalTranz

APRIL 4, 2016

It was cheaper than producing products in the US, manufacturers could produce large inventories with little capital up front, and consumers did not really have a public voice. This may include research and development, product manufacturing, product packaging, and shipping processes. Meeting the Specs of Quality.

Manufacturing Procurement 120

Manufacturing Procurement Cost Reduction Strategies Price Reduction United States 120

Gravity Supply Chain

MAY 20, 2022

Spire provides real-time information and analytics based on global maritime automatic identification system (AIS) technology—Spire’s constellation of small satellites captures the courses and current status of container ships across the globe. In 1956, manually loading a ship cost $5.86 A world transformed.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Supply Chain View from the Field

DECEMBER 16, 2013

I also worked with a team of leading thinkers in developing the Future of Procurement Report (published by KPMG) , as well as publish the BVL International Global Logistics Trends and Strategies report with a team of leading academics and executives in Europe, China, North and South America, Russia, and India.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Taulia

MARCH 15, 2023

This led to shortages in materials like plastic, concrete, steel, and timber, and in January 2022, it cost $17,000 USD to send a shipping container from Asia to Europe – compared to $1500 USD in January 2021 5. this year – the only major economy expected to shrink, with even sanctions-hit Russia expected to grow more 15.

Ukraine 52

Ukraine Material Savings Germany Price Reduction 52

Logistics Bureau

JULY 25, 2022

Secondly, materials and products originating in Russia and Ukraine are now in short supply, as they are simply not moving out of those countries. But, right now, after five months of armed conflict in Ukraine, economies worldwide, especially those in Europe, are beginning to feel the effects. Trouble has arisen on three fronts.

Agile and Lean Supply Chain 86

Agile and Lean Supply Chain Ukraine Supply Chain Strategy Supply Chain Design Software 86

Supply Chain Game Changer

AUGUST 19, 2022

The modern supply chain is global and often depends on Russia for production, either equipment or materials. Sanctions make these elements harder to procure elsewhere while preventing many companies from using existing Russian sources. In many instances, alternative sources are limited. What’s impacted? Raw materials.

Russia 97

Russia Supply Chain Optimization Global Optimal Sourcing 97

Logistics Viewpoints

AUGUST 18, 2023

and European companies may last longer than expected as they try to sell off their bulging inventories in an economic climate where demand is stalling. They stocked up again after Russia’s invasion of Ukraine pushed up the price of raw materials such as energy and wheat. 11 release.

Logistics Network Optimization Software 165

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Logility

DECEMBER 20, 2022

Utilize scenario planning in cases such as when to onshore versus offshore to evaluate sourcing options in the wake of government intervention . Then we saw a glut of inventory hit the shelves in late summer when those bottlenecks were addressed. A surplus of ships is likely 3. industry and the economy.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 130

Unleashed

APRIL 28, 2022

With lead times multiplying, shipping costs ballooning, and some raw materials simply unavailable, what are the best supply chain strategies for SMES ? Inventory equals flexibility. Maintaining inventory levels is critical to remaining flexible when supply chain problems occur. David puts it succinctly: “Inventory is key.

Supply Chain Planning Software 92

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 92

Precoro

MARCH 22, 2023

Such an interruption can affect any of the supply chain steps, often involving sourcing of raw materials, production, and distribution of goods or services. Both Ukraine and Russia are among the most important producers of the abovementioned commodities in the world. These are just a few supply chain disruption examples.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Disruption Supply Chain Planning Software Material Savings 52

Intelligent Audit

APRIL 6, 2022

In President Biden’s press conference , he shared that the two primary causes of this enormous strategic oil reserves release were COVID-19 and the Russia-Ukraine conflict. What Else Can Shippers Do to Attract More Customers and Avoid Excess Shipping Costs? Unify all data within a single source of truth.

Optimal Sourcing 52

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Taulia

NOVEMBER 2, 2022

More recently, the war in Ukraine and the sanctions on Russia have placed limitations on both the overland rail and air freight routes from China to Europe and increased the strain on Northern European ports that were already congested before the war. Flexible inventory management. Digital centralized workflows.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain Inventory Reduction Resource Reduction Waste Reduction 91

American Global Logistics

JANUARY 24, 2023

Similarly, trade between eastern bloc nations also intensified, especially between Russia and China. Notably, Russia now sells Russian oil to China and other nations in rubles instead of dollars. You must create new networks, including trade partners and sources of supply. Trade between western bloc countries intensified.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trends Logistics Agile and Lean Supply Chain 52

Elementum

SEPTEMBER 16, 2022

We’ve also seen geopolitical instability, with Russia and Ukraine, and how suddenly, because of sanctions you couldn’t move goods into Russia, or get your goods out of Russia very easily. it’s such a huge cost. So we’ve seen geopolitical instability become real, and then you have the supply chain disruptions.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Gartner 78

Elementum

AUGUST 31, 2022

We’ve also seen geopolitical instability, with Russia and Ukraine, and how suddenly, because of sanctions you couldn’t move goods into Russia, or get your goods out of Russia very easily. it’s such a huge cost. So we’ve seen geopolitical instability become real, and then you have the supply chain disruptions.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Gartner 78

ThroughPut

NOVEMBER 26, 2019

Sourcing and procurement departments exist to mitigate this issue, but input bottlenecks remain common. Storage and shipping costs can quickly cut into profit margins. Plus, sharing sales and inventory data and shipment information erases stoppages and uncertainty, which equals a more efficient supply chain. Ali Hasan R.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Planning Software Supply Chain Software Sustainability 52

Logistics Viewpoints

FEBRUARY 25, 2022

Now of course, companies must map out the potential impacts of the Russia Ukraine war. Russia Attacks Ukraine. Russia shells Ukraine. Russia had massed some 150,000 troops along Ukraine’s borders, according to US estimates based on satellite imagery. Graph of Russia War Supply Chain Interdependencies.

Price Reduction 207

Price Reduction Ukraine Russia Logistics Network Optimization Software 207