Remove 2027 Remove Freight Remove Manufacturing Procurement
article thumbnail

This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. And now on to this week’s logistics news.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Source: Consultancy.UK. Image source: Fortune.

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 KPIs & Metrics: Our Top 24 for Manufacturers

Silvon Software

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Here are 24 that Silvon has used with clients across various manufacturing industries to help them drive better supply chain performance.

Metrics 81
article thumbnail

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. the digitisation of manufacturing. This outsourcing allows the company to focus on its core manufacturing business and higher-value projects.

article thumbnail

U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

article thumbnail

The 10 inventory management trends to watch for in 2022

Unleashed

For manufacturers and other organisations looking to improve their inventory management processes, cloud technology represents a major opportunity – especially when it comes to remote working. Reduced carbon footprint: Cutting your freight times doesn’t just save money, it lowers your impact on the environment too.

article thumbnail

Supply Chain Matters News Capsule Update September 18 2023

Supply Chain Matters

Flexport Focus Turns to Profitability and Cost Reduction In our supply chain technology breaking news update on September 7 th , we highlighted the sudden resignation of Dave Clark from the CEO role of freight technology start-up Flexport. Plans reportedly call for the facility to be operational by 2027.