Supply Chain Game Changer

SEPTEMBER 13, 2022

Have you found that the consistent supply and reasonable prices in the Electrical Supply Chain that you were used to before COVID-19 hit have not returned as soon as you hoped, or as soon as some experts predicted? Adding to the misery, rising fuel costs drove prices up. Both Ukraine and Russia are significant producers of aluminum.

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SYSPRO Smarter ERP

APRIL 13, 2022

Even before the pandemic, global supply chain were fragile thanks to factors such as the US-China trade war, less efficient shipping routes and a huge drive to cut costs by consolidating loads. Rising oil prices will also have a cascading impact on supply chains in areas such as higher line-haul trucking rates and other transportation costs.

Supply Chain Planning Software 111

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The Logistics of Logistics

JUNE 23, 2022

The ongoing Ukraine–Russia conflict has caused turmoil in significant parts of the global food chain, and in fact, Ukraine is a major exporter of barley (30% of global totals), wheat (25%), and sunflower oil (60%). Depending on the region, the total jump in fuel prices is more than $3.00 The Logistics of Logistics Podcast .

Supply Chain Planning Software 238

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Enterra Insights

FEBRUARY 25, 2022

The world is rightfully concerned about Russia’s ruthless and unprovoked invasion of Ukraine. Bloomberg reports, “The crisis has driven oil prices toward $100 a barrel and sent tremors through other commodity markets too, threatening another wave of price pressures on top of already-high pandemic inflation.

Ukraine 130

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Proxima

SEPTEMBER 21, 2021

It is difficult not to notice that energy prices have been rising inexorably of late. High prices are not necessarily a sign that markets are not working, but a lack of supply response after the price rises, is. However, whilst 70 different suppliers is one measure of competition success, price competition is fast disappearing.

Price Reduction 52

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Talking Logistics

JUNE 17, 2015

trailed both Saudi Arabia and Russia in oil production, and it trailed Russia in natural gas production. Over the same time period, we’ve seen crude oil prices bounce up and down between $140 and $40 per barrel. Over the same time period, we’ve seen crude oil prices bounce up and down between $140 and $40 per barrel.

Waste Reduction 100

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Intelligent Audit

MARCH 17, 2022

A host of issues are starting to affect inflation and fuel prices in particular. It’s barely been a month since UPS fuel surcharges were the latest topic, but with fuel prices skyrocketing to surpass records, they are once again on the table and weighing on the industry’s collective minds. . The State of Fuel Prices.

Price Reduction 98

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Resilinc

JANUARY 31, 2023

Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictive analytics to forecast supply, demand, and pricing trends out to three months for commodities including but not limited: gold, silver, aluminum, copper, caustic soda, cobalt, helium, paper, and tin.

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Intelligent Audit

MAY 25, 2022

is seeing some relief in diesel prices a few weeks after, as FreightWaves put it, “the East Coast diesel market ran away from the rest of the country.” administration and agencies to provide logistics and transportation support as needed, because when it matters most, FedEx delivers.” Diesel Supply Improves for East Coast.

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NC State SCRC

APRIL 11, 2016

He also renegotiated contracts with local suppliers in a bid to cut costs. He then went about renegotiating contracts with suppliers to set a target of 5% cost reductions (a target that, by the way, is considered a year over year requirement for suppliers in the automotive industry).

Price Reduction 40

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Supply Chain Matters

JULY 25, 2022

As the calendar now moves to the second half of 2022, it is important to focus on rapidly changing developments including a marked escalation in geopolitical tensions that impact global supply chain strategies. Restoring More Direct Control in Materials Sourcing. Geo-Political and Hybrid Government Policy Dimensions.

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Supply Chain Matters

MARCH 22, 2022

This latest updated forecast indicates that model simulations suggest a sizeable impact to global growth as well as the threat of higher prices, as much as a reduction of one percent GDP growth this year, and global inflation rates raised to upwards of 2 ½ percentage points in the first full year of the conflict.

Forecasting 52

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SCMDOJO

JULY 29, 2022

The demand is subjected to change due to many factors drastically, including pandemics (COVID-19), war (Russia-Ukraine war), and last but not least technological advancements. The price is constant and independent to the quantity and time: [4]. Bowersox, Supply Chain Logistics Management. References. Bowersox, David J.

Sourcing Strategies 131

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Alloy

MARCH 29, 2022

The devastation experienced by Ukraine and its people has prompted the western world to levy sanctions on Russia, the idea being to put so much pressure on Russia’s economy that they will pack up their military and go home. So far, energy prices have gone up drastically, but there is still plenty of oil and gas to go around.

Ukraine 52

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Kinaxis

JUNE 19, 2017

You have to start thinking of your supply chain as providing a service, and you must develop a digital strategy, not just an ecommerce one, to deliver it. Or changing your logistics channels? The explosion of this sharing economy is also creating the uberization of logistics networks. Can you see where I’m going with this?

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Intelligent Audit

JULY 12, 2022

While some are shaking off their COVID-19 strategies, others are adjusting COVID-prompted changes into new business plans to address the latest global disruptions. While this mutual agreement to continue work outside a union contract is rare, freight accounting professionals and logistic managers are relieved across the board.

Negotiating Skills 52

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Supply Chain Matters

OCTOBER 5, 2022

Trade and output will be weighed down by multiple shocks, among them being the war in Ukraine, high energy prices, inflation and monetary tightening. World GDP at market exchange rates is forecasted to increase by 2.8 percent in 2022 and by 2.3 percent in 2023 (revised downward from 3.2 Further Warning of Recession. Added Thoughts.

Price Reduction 52

Price Reduction Inventory Reduction Global Forecasting 52

Logistics Viewpoints

MAY 22, 2023

Last year multiple companies needed to urgently relocate their employees and their families from Russia and Ukraine. At the same time, another company might have twenty suppliers with similar pricing strategies, who supply the same raw material. Let’s continue with this analogy. Think about these relocations!

Supply Chain Design Software 199

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Resilinc

MARCH 28, 2023

Asia Energy Crisis Currently, both China and Pakistan are suffering a major energy crunch from dwindling energy supplies and high global gas prices. While there is in fact enough natural gas to make it through until the warmer months hit, lack of budget and pricing regulations have resulted in a shortage ( New York Times ).

Asia 62

Asia Europe Pakistan Nigeria 62

American Global Logistics

DECEMBER 7, 2022

However, businesses found ways to eliminate, avoid, or mitigate these disruptions. Trade basically ceased as ports closed because of western- imposed economic sanctions on Russia. Cargo planes could not fly out of or into Russia or Ukraine. Likewise, ships could not sail into or out of Russia and Ukraine.

Russia 52

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Intelligent Audit

SEPTEMBER 28, 2022

Despite some relief from inflationary pressures in recent months, businesses throughout the logistics industry and beyond are being forced to make difficult decisions. As gas prices begin to creep up , shippers are growing anxious about what the coming months will bring. After a Difficult First Quarter, FedEx Cuts Costs.

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Supply Chain Matters

JULY 6, 2022

Toyota Motor reported a 19 percent decline in total sales for the first six months of this year while Hyundai Motor reported a 23 percent decline in second quarter sales and a 16 percent sales reduction for the first half of 2022. The strategy was ill-timed given the onset of the global Covid-19 pandemic in 2020 and 2021.

Supply Chain Disruption 52

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Supply Chain Matters

JUNE 3, 2022

Once again the data collectively provides evidence that disruptions remain occurring among industry supply chains, compounded by the manufacturing, logistics and transportation disruptions occurring in China. Further indicated was panelists continuing to note supply chain and pricing issues as their prime concerns. in May from the 46.0

Procurement Analytics 52

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Proxima

AUGUST 25, 2022

Supply chains thrive on predictability, yet China’s continued zero-Covid policy is causing uncertainty and taking an economic toll at a time when we are learning to cope with other significant challenges, such as the fallout of the Russia – Ukraine conflict.

Policies 91

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Supply Chain Matters

APRIL 5, 2024

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. As stated, the March report pointed to further increases in both input costs and selling prices by the end of the first quarter. reflecting a 1.3

Manufacturing Procurement 52

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Supply Chain Matters

MAY 23, 2022

logistics reinforce both headwinds and added concerns. to Asia , as well as the European consequences of the ongoing Ukraine-Russia conflict as now driving added index volatility. US Logistics Managers Index. Further was a dip in Transportation Price expansion, down 15.8 Transportation Price growth is down sharply (-15.8)

Supply Chain Optimization 59

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Kinaxis

FEBRUARY 22, 2019

With so much manufacturing happening and so much cut-throat competition, the money to be made in the automotive world is not just in producing the cars by the thousands. You may want to go to different products, some at the same price level. You’ve got to have more telematics. Some at a high level. It’s become mainstream.

Supply Chain Design Software 170

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NC State SCRC

OCTOBER 5, 2022

He began by noting that the prices of commodities are jumping around, owing to the on-going concerns around suppliers and destruction of infrastructure. One of the biggest contributors to inflation is the increase of oil and gas prices, which will remain high as long as the conflict in the Ukraine rages. The Curse of Inflation.

Conference 52

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Supply Chain Matters

AUGUST 3, 2022

A growth spurt in the spring has quickly gone into reverse, with new orders for factory goods down for a second straight month in July, leading to the first drop in production for two years and sharply reduced employment growth.” The July 2022 Manufacturing ISM© Report on Business reported the lowest PMI value since June 2020.

Manufacturing Procurement 99

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Supply Chain Matters

JANUARY 31, 2023

Supply Chain Matters provides highlights of global parcel transportation and logistics carrier UPS’s report of Q4 and full year 2022 financial performance, and the likely implications. Some recovery is indicated for the second half. In 2022, the average rate while was 5.9 percent, and in 2021 it averaged 4.9

Packaging 52

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American Global Logistics

JULY 14, 2023

business logistics amounts to 9.1% business logistics reflects the highest percentage of GDP in history. These disruptions have impeded activity and trade growth and contributed to increased prices. Producer Price Index approaching 10%, has proven durable and may worsen before reversing course 4. The cost of U.S.

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Unleashed

APRIL 18, 2022

Covid, Brexit and the war in Ukraine have all sent supply chain shocks around the globe, forcing firms to rethink their business-as-usual supply chain management strategies, and concentrate instead on building supply chain resilience. Risk management is central to all manufacturing production strategies.

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Supply Chain Matters

JUNE 17, 2022

Reportedly, since Russia’ s invasion of Ukraine , global CEO s are confronting a world of extraordinary volatility and uncertainty, forcing many to reassess their growth assumptions and put strategic plans on hold. The noted overall theme from this survey were indications that recession. cyberattacks. Inflation are top of mind concerns.

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BlueYonder

MARCH 5, 2018

Manufacturing and retail transformations, technology disruptions and digitalization of data have redefined the roles of distributors and third party logistics (3PLs). Below are 5 disruptions shaping the digital transformation in distribution and logistics. Digital Transformations in the Manufacturing and Retail Industries.

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Supply Chain Matters

JUNE 24, 2022

The data was reportedly tagged as either demand or supply driven to align with the classic relationship that supply, and demand has on prices. This analysis concludes that supply driven factors such as manufacturing or logistics disruptions are contributing 2.5 percentage points more than the pre-pandemic average.

Supply Chain Disruption 52

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Elementum

JUNE 30, 2022

In just 21 months, the Producer Price Index went from -2% to almost 10% in year-over-year change. As companies began raising prices to cope with increased costs, consumers started seeing the impact on their own pocketbooks. Output stalls as price increases reduce demand and it becomes more expensive to borrow money.

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Intelligent Audit

JUNE 14, 2022

Staff burnout in logistics can be especially problematic as much of the modern supply chain and infrastructure society relies upon reacts significantly to disruptions and errors caused by burnout. The Great Resignation and Shifting Focus on Supply Chain Personnel and Staff Burnout in Logistics. What Is Burnout and How Bad Is It?

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