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Freight Procurement is a Different Game

Logistics Viewpoints

That processing event determines when the goods need to be delivered to the next stop. That factory also aims to rapidly process the raw materials into product. It was quickly determined that a procurement event was necessary just to set a baseline. Procurement ran a request for proposal event. We’d rather not do that.

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The Impact of Chinese New Year on Shipping and Logistics

MTS Logistics

As the Chinese New Year approaches, businesses around the world brace themselves for the impact that this significant cultural event can have on logistics, particularly in ocean and air shipments. The heightened demand for shipments, combined with reduced production and factory closures, often leads to congestion at ports and airports.

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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

And the reasons spanned from a global chip shortage, to embargoes, to factory fires, to natural disasters. Buying organizations use this technology to monitor and analyze supplier risk events in real-time. I don’t need to know about Tier 2 events for my market suppliers. I have 1000s of them.

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Preparing Your Supply Chain for Natural Disaster

Trinity Logistics

In this blog, we’ll go over the economic and supply chain impacts that result from these events and how you can best prepare your supply chain. When these natural events happen, numerous businesses find their supply chains shook. Impacts on the economy and supply chains. Severe weather has exponential impacts on our global economy.

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What is Supply Chain Resiliency?

Logistics Viewpoints

Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity. A wide range of events could prevent your supply chain from operating normally, but not all events have an equal impact. Redesign your network.

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Decoding Ocean Freight Dynamics: Unveiling 7 Influential Factors in Rate Fluctuations

MTS Logistics

Chinese New Year is a one-week event, but most factories are closed for a month which means the interruption of new orders. Major Holidays, like the Chinese New Year It is very highly likely that ocean freight rates will increase before major holidays overseas, especially pre-Chinese New Year.

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Is Your Supply Chain Ready For Weather Disruptions?

Blue Grace Logistics

These disruptions are like black swan events which no one can forecast or plan for in advance. It can take years to rebuild factories and get them operating at optimum capacity. Each event – even if it is of the same kind – requires a specialized and unique response.