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How is the Logistics Economy Holding Up?

Logistics Viewpoints

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. The decline in transportation costs reduces the volatility index reading but is surely a positive for shippers.

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A Radical New Way to Think About Supply Chain Management

Logistics Viewpoints

It is these changing constraints, transportation capacity, and bottlenecks across an entire ecosystem that matters. They have a complex network of suppliers, internal assets, and transportation and manufacturing partners, many of whom are changing on an ongoing basis. The lack of predictability leads to higher costs and worse service.

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5 Reasons why eAuctions Drive Better Savings

SCMDOJO

Introduction to Strategic Sourcing. . Using a unified platform, organize the processes of proposal gathering, vendor selection, bid comparisons, approval procedure, transactions, financing, and transportation tracking and management (Gep, 2021). . Thank You | GEP. Retrieved from Future of Sourcing: [link].

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Global Fulfillment Innovation Centers on ESG in 2023

ModusLink Corporation

The Shipper’s Role in Global Fulfillment and Trade Shippers are responsible for transporting goods from the point of origin to the end of consumption. They are also responsible for selecting carriers and modes of transportation that are environmentally sustainable and socially responsible.

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Procurement and supply chain executives are struggling in the current environment of high inflation and missed deliveries.

NC State SCRC

A new study that the SCRC published with GEP examines the increasing pressure that supply chain executives are getting when it comes to responding to supply chain disruptions. In addition, rampant inflation exceeding 7% has emerged in 2022, as a result of labor shortages, increased transportation costs, and surging commodity prices.

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Here’s Why Supply Chain Convergence is the Future of Ecommerce

ShipBob

It can happen simply due to ineffective planning, risk management, warehouse use, or sourcing strategies. It’s a form of supply chain digitization that ensures every element, from sourcing raw material inventory to product delivery, is coordinated and managed through a centralized platform.

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

The latter has been reinforced by the April GSPI Index from the New York Federal Reserve , and now, the reported May GEP Global Supply Chain Volatility Index which indicated that “ for the first time since June 2020, global chain capacity is now underutilized, indicating a shift to a buyers’ market.