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Navigating Choppy Waters: Ocean Contracts Under Strain Amidst Red Sea Diversions

Freightos

America West Coast spot rates , for example, have spiked more than 70%, passing the $5,000/FEU mark and their previous 2024 high hit in February when prices first soared on the start of Red Sea diversions. Since the end of April, Asia – N. Learn more about Freightos Terminal here.

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Top 10 SCM Trends for 2024

Logistics Business Magazine

To ensure that more truck drivers are back home in the evening, for example, the forwarding association Elvis wants to set up a meeting network for full truck loads. The best of the best also differentiate their recruitment strategy – for example, according to generations or potential groups such as newcomers or foreign workers.

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What is Supply Chain Visibility and Why Isn’t It Enough?

Logistics Viewpoints

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. This example illustrates why supply chain visibility isn’t enough.

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How To Be Inclusive in 4 Not-So-Easy Steps

Blue Grace Logistics

Create an Employee Resource Group. One of the most common trends among WIT’s Top 100 companies was the establishment of employee resource groups (ERGs), often employee-led voluntary committees that represent a specific group of individuals. BlueGrace’s No. BlueGrace’s No.

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Navigating a Lost Bill of Lading (BOL) with Courier Companies in International Trade

MTS Logistics

million per event. According to a survey by the Global Supply Chain Institute, 59% of companies reported that supply chain disruptions resulted in increased administrative work. Statistics and Examples 1. However, supply chain disruptions caused by document delays or loss can have severe financial consequences for businesses.

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The Power of Impactful Employee Incentive Programs & How To Measure Their Success

WorkWave

For example, the BLS notes that the job openings rate has been volatile , with some states experiencing significant changes in hiring rates. Team Incentives Team incentives are rewards or bonuses offered to groups of employees based on collective achievements or performance within an organization. Top Three Non-Monetary Incentives 1.

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Demand Forecasting: How It Enhances Ecommerce Operations

Ship Monk

This type of data must be actively gathered by researching market trends, analyzing the competitive landscape, conducting consumer surveys and focus groups. For example, if you’re introducing a new product and there are no similar products to draw historical data from, qualitative research is a must to reduce risk.