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Supply chain and logistics functions have been one of the most volatile in the global economy of the last four years. However, the immediate changes in consumption patterns and the subsequent “get out of the house” rebound were quickly followed by widespread inflation and the Ukraine war. But what about now?
Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. The Ukraine-Russia conflict is ongoing. With the global e-commerce market predicted to reach $8.1
Now of course, companies must map out the potential impacts of the Russia Ukraine war. The potential supply chain impacts of this conflict dwarf any other supply chain news that might be reported. Russia Attacks Ukraine. Russia shells Ukraine. Ukraine does not have the military might to stop the invasion.
And now on to this week’s logistics news. Ukraine in the news: War in Ukraine disrupts ships around the globe. Ukraine invasion and the semi-conductor chip impact. As Clint Reiser pointed out earlier this week, the Russian invasion of Ukraine is impacting global supply chains.
And now on this week’s logistics news. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. Robots are continuing to become key components in the logistics space. How Shanghai’s lockdown is dampening Port of Oakland volumes. s CargoNet.
And now on to this week’s logistics news. That prospect became more conceivable, they said, after the 2022 invasion of Ukraine prompted companies to sever ties with Russia, sometimes taking huge write-downs. Walmart added new functionality that lets sellers purchase shipping labels for domestic orders on its marketplace.
The Russian invasion of Ukraine and the following economic sanctions spiked energy prices and created new sourcing challenges for certain agricultural products and raw materials. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.
This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability. Many breweries were also reported to be paying premiums to purchase cans just to meet their immediate needs.
How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Shipping Costs, Delays, and Transportation Issues. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Material Handling & Logistics ).
Our lives became more interesting with the onset pandemic, followed by labor shortages, the Russian invasion of Ukraine, rising oil prices, and the oncoming recession. Well, we also know that many legacy systems will not be able to support all these changes quickly and cost-effectively. Another Lego piece is in place in a few weeks!
Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel. And this was before the Russian invasion of Ukraine began.
As well as adapting to a global pandemic, the supply chain has faced a seemingly relentless barrage of ‘unprecedented times: The Suez Canal blockage, devastating wildfires, the war in Ukraine, escalating Red Sea tensions, persistent chip shortages, crippling labor shortages, and the looming specter of new tariffs The list goes on.
In truth, it went well beyond what was being reported in the newspapers and on TV. Consumers were hoarding, stores were limiting purchases, and there was a general sense of chaos. The post Supply Chain Disruption and the Looming Shortages appeared first on Logistics Viewpoints. The answer, it turned out, was a lot of things.
Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.
Welcome to Elementum’s Supply Chain Market Report. Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks.
Through their knowledge of logistics, operations, and strategic planning, women are forging successful careers and making a substantial impact on this sector. Diverse Skill Set Utilization: Multifaceted Role: Supply chain roles often require a blend of analytical, organizational, communication, and problem-solving skills.
A recent report by the ACE European Group identifies supply chains as of the biggest sources of concern for European businesses today. On the one hand, companies are facing growing uncertainty due to volatile exchange rates, rising oil prices and economic and geopolitical events, such as Greece’s financial crisis and the conflict in Ukraine.
Resilinc has published its 2022 Half Year report. For a taste of what’s included in the report, we’re highlighting some key year-on-year trends covered. Take a read and then be sure to download our 2022 Half Year Report – Gridlock for the full overview. Hot off the press! Geopolitical and cyber risks grew.
Russia’s war in Ukraine has captured the attention of the entire world. 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.
Morgan Global Manufacturing PMI® report, a composite index produced by J.P. On the slightly positive side, the July report indicated that rates of input cost and output charge inflation have both eased to 17-month lows. reported for June. The report authors noted the first drop in manufacturing output since June 2020.
The visibility will include not just the short-term purchase order or ASN-level visibility, but also the tactical kind of forecast collaboration with the suppliers. Level-two is starting to leverage predictiveanalytics: Can I predict where a challenge or disruption is going to occur?
The International Labor Organization reports that 27.6 ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development.
In this Supply Chain Matters commentary, we highlight quantitative data related to global and regional supply chain production activity levels in May 2022, as depicted by the reported PMI indices. Key reported findings point to output declines, lackluster new order inflows and international trade volume declines. reported for April.
For example, you have to make sure the supplier you're dealing with makes sense from both a cost and risk perspective. There's also the consideration of buying the right part or material; for instance, would purchasing more of an equivalent part or material found in other products deliver greater savings? What Can Be Done.
Converging disruptions have sent food prices soaring — and Russia’s invasion of Ukraine, one of the world’s six breadbasket regions, risks tilting the food system into global crisis.”[1] The fact that grains underpin global food security is one reason so much attention has been given to the conflict in Ukraine. Climatic events.
Yes, COVID caused many issues, but other factors, including geopolitical changes, the war in Ukraine, weather events, peak season , and economic instability, have altered the fabric of logistics. US-based consumers evaluate pricing on every purchase, including considering the shipping costs associated with e-commerce.
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. Nearly 60% reported serious disruptions.
According to the Council of Supply Chain Management Professionals (CSCMP) the cost of U.S. business logistics amounts to 9.1% The cost of U.S. business logistics reflects the highest percentage of GDP in history. Use data analytics: Analytics can help identify areas to reduce costs and improve efficiency.
Right now, the industry cannot rely on historical data, so the value of real-time data and analytics has never been more important to help companies pivot and adapt.” One consumer trend that won’t change is the increased use of the digital path to purchase. ”[6] The Russia/Ukraine conflict will hasten this trend.
Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictiveanalytics 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.
They collectively provide evidence that the prior disruptions still occurring among industry supply chains, compounded by the latest manufacturing, logistics and transportation disruptions occurring in China, will have a longer economic and service level effect in the coming months. reported for March. reported for March.
Among developing regions, a continued near-term challenge are increasing rate of infection related to the BA2 COVID-19 variant and its impact on low-cost production regions, coupled with added transportation delays and disruption. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. reported for January.
This indicates that in Q4, plants continued to experience significantly lower capacity, due to increased shortages of material, labor shortages and transportation/logistics constraints. The Russian invasion of the Ukraine will no doubt render these shortages even worse. These results suggest that shortages will continue.
And in this age of inflation, the more effectively you can manage your inventory levels, the more you can decrease your costs and provide your company with a financial buffer. Distributors tend to be more “purchase-focused” than “demand-focused.”. Excess Inventory and the Revenge of the Bullwhip Effect.
Developing end-to-end supply chain management software, Gravity optimizes operations, mitigates risk, and controls costs. In 1956, manually loading a ship cost $5.86 per ton; the standardized container cut that cost to just 16 cents a ton … The U.S. billion metric tons as of 2017.
Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The report pointed to underlying fundamentals remaining weak as new order volumes stagnated while business optimism was note as falling to a reported two-year low. reported at the end of March, and a 52.3 value reported for May.
Business success depends on decisions – decisions that range from target market selection to vendor engagement, production and sales targets, logistics routes, and even talent hiring. The report recommends shifting toward a new approach of piloting automation tools over mere visibility and analytics, which will be powered by AI.
While the increased costs drastically change the budgets of some commuters, the ramifications of increased fuel prices are multiplied exponentially across the transportation and logistics industry. The State of Diesel Costs for Summer 2022. How Can Shippers Maintain Control Over Rising Fuel Costs? billion total.
Transportation and Logistics Disruptions. Throughout the COVID-19 pandemic, we have seen the important role that logistics plays in the supply chain. Despite the frequent disruptions, from major cross-continent ones to other sudden events, they work long hours and spend holidays to keep the supply chain and logistics network flowing.
In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The two recognized PMI reports for U.S. Global Wide Production Activity.
The recently published IMF blog posting , begins with the statement: “ Global economic growth prospects are confronting a unique mix of headwinds, including from Russia’s invasion of Ukraine, interest rate increases to contain inflation, and lingering pandemic effects such as China’s lockdowns and disruptions in supply chains.”.
The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Many business systems also include functionality to support certain inventory management and purchasing processes.
While some automakers were once hesitant regarding market demand for EV’s, the latest developments concerning accelerated effects of global warming and the Russia and Ukraine conflict’s impact on global energy markets has changed market behavior. with commercial volume operations by the end of 2024. or by free-trade agreement partners.
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