Remove Forecasting Remove Global Transportation Remove Sourcing
article thumbnail

The Notions and Implications of Elastic Supply Chain Strategies

Supply Chain Matters

The premise of this advisory is that supply chain leaders need to embrace geopolitical supply network strategies to better support global-wide business objectives. It is a process that should address likely sources and frequency of product demand globally, regionally, and domestic in-nature.

article thumbnail

This Week in Logistics News (July 6 – 12)

Logistics Viewpoints

The South African Weather Service on Tuesday forecast a second cold front making landfall in Western Cape province with more rain expected. Lidl also shared that it had identified 11 critical raw materials and committed to setting responsible sourcing targets for each group of items.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing. Freight is unique. Relationships matter.

article thumbnail

What’s Up with Exploding Ocean Container Shipping Costs

Supply Chain Matters

The May report indicated that the Transportation Price index increased 13.7 The latest monthly global Container Market Forecaster issued by the Container Xchange indicated that in May, container prices surged 45 percent across China. Need a further evidence point, consider that global carriers such as A.P.

article thumbnail

Advanced Analytics for Supply Chain: 10 use cases

DynaSys

Forecasting and planning. Advanced Analytics let you share complex data and collaborate with critical stakeholders to improve forecast accuracy, better respond to consumer demand, reduce inventory, improve production, and grow profits. Sourcing and supplier performance. Transportation and Logistics.

article thumbnail

Getting APAC ready to transform demand planning with AI/ML

o9 Solutions

For example, rising commodity and energy prices are causing global transportation disruptions and delays. When combined, this information transforms historical data into a much more robust set of data points that can ultimately improve demand forecasting capabilities. to better forecast demand. .

article thumbnail

Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

As we noted in our specific 2023 prediction focused on the global transportation industry sector , entering 2023, industry perspectives were on the ability to be able to maintain higher rates by basis of multi-year signed contracts executed at the height of shipping rates. Earlier this month, the forecast was revised to an expected 2.5