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Ocean Freight: Key Trends & Planning For Peak Season 2023

Ware2Go

In this age of globalization, using ocean freight to transport goods is increasingly important to emerging brands. In consideration with low manufacturing costs, emerging brands are still looking abroad for inventory fulfillment. For example, a business may choose to cut costs by placing all inventory in one shipping container.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Many companies buy forward inventory ahead of tariffs being implemented. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. Operational strategies. Buying forward. Insourcing.

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Reports of Easing Global Supply Chain Volatility in July

Supply Chain Matters

The overall takeaway from the July data was that global production momentum had begun to stagnate and in some regions such as the Eurozone, Taiwan, and to some extent , certain manufacturing regions of China, PMI values had reached contraction levels. . Warehousing and Inventory metrics continue to buoy the logistics sector.

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From Taiwan to the U.S.—Duty-free

3PL Insights

About half of the 132 containers filled with tires, were en route from Taiwan, headed to the East and West coast ports. “We We needed to find a Foreign Trade Zone (FTZ) warehouse, quickly.”. Upon arrival at the warehouse, the containers were unloaded, inspected for damage, and inventoried by SKU and documentation.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

The bottom three were listed as Poland , Taiwan and Myanmar. From our lens, Taiwan remains the continued shocker, experiencing a third consecutive monthly decline and noted as equivalent to levels seen in May 2020 during the initial Covid-19 outbreak. Uncertainty remains a keen factor in planning and resource assessments. Bob Ferrari.

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Another Peloton Supply Chain and Customer Service Turnabout

Supply Chain Matters

The saga of fitness hardware and services provider Peloton Interactive took yet another turn last week with an announcement of the pending closing of the company’s owned North American warehouses and the shedding of field customer support teams, along with other moves. Inventory Glut of Bicycles. West Coast were in excess of 200 days.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Further concerning was that the volume of warehouse finished goods inventories rose to the greatest extent in four months. percentage point increase in March while the Inventories sub-index dipped to the contraction value of 47.5,