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This Week in Logistics News (August 10 – 16)

Logistics Viewpoints

After 10+ years of writing the weekly news roundup, as well as a bi-weekly column for Logistics Viewpoints, today is my last day at ARC Advisory Group. Over these 10 years+ I have learned a lot about supply chain and logistics through conversations with end users, suppliers, and my colleagues. Cargo imported into the U.S. from May’s 2.24

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The Future of Autonomous Supply Chains Part 1: Autonomous Shipping

Logistics Viewpoints

Autonomous supply chains can also help businesses by enabling new business models, such as direct-to-consumer, subscription-based, and circular, and creating new sources of revenue and competitive advantage. Autonomous Shipping Autonomous shipping is the use of self-driving vessels to transport goods and passengers across waterways.

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This Week in Logistics News (July 6 – 12)

Logistics Viewpoints

And now on to this week’s logistics news. Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemical industry’s supply chain, according to Al Greenwood, chemicals expert and deputy editor at ICIS. shipping containers and stacking them up to six high.

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What Is PPV? Purchase Price Variance Explained

Precoro

However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. Why Is Purchase Price Variance Important?

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How is the Logistics Economy Holding Up?

Logistics Viewpoints

Supply chain and logistics functions have been one of the most volatile in the global economy of the last four years. Source: J.P. But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed.

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Track the Supply Chain Metrics that Really Matter

Precoro

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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Energy Transition in Supply Chain

Logistics Viewpoints

However, sustainability in logistics goes well beyond these initiatives, especially when we begin to look at energy transition. Logistics providers contribute to the total picture of sustainability for many organizations, and they are clearly falling short. Ocean shipping can play a big role in sustainability and energy transition.