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Three 2023 transportation trends

Logistics Business Magazine

Anyone who works in the transportation industry knows that supply chains have never exactly been ‘normal’, writes Stephan Sieber (pictured), CEO of Transporeon. Although it’s hard to know for sure, here are three trends that are likely to shape the supply chain industry over the next 12 months. One example is multi-shoring.

Trends 72
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Editor’s Choice: 8 Supply Chain Planning Challenges Retailers Will Face In 2022 And Tips To Overcome Them

Logistics Viewpoints

The ongoing chip crisis since last year affecting 100+ industries is the best example: supply couldn’t meet the increased demand, which led to rising prices and shortages in computers, cars, and pretty much any other electronics product with chips. Changing trends in lifestyle and impacts on fashion retail.

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Supply chain trends to watch out for in 2023

Logistics Business Magazine

While it’s imperative to focus on budgets and business initiatives that will take precedence over the next year, it’s just as important to keep an eye on the big-picture trends that are shaping the industry. This alone will have a tremendous impact on the industry. Supply chains will become the strategic drivers of business.

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Inventory Management in Service Logistics Industry

Talking Logistics

Is there a common trend in inventory management? Not really because each industry is different, and so are organizations within the same industry and even different divisions within the same organization have their own unique drivers and constraints. Example A: Fashion Retailer – Business Strategy is short life cycle products.

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Reimagining Logistics: Focusing on What’s Ahead, Not What Happened

Logistics Viewpoints

Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers.

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Supply Chain Predictions for 2022 and Beyond

Logistics Viewpoints

However, such pivots will take several years and will be extremely capital intensive in some industries such as semiconductors or pharmaceuticals. American Supply Chain Resilience Act and the German Supply Chain Act are just two examples of this. We are indeed living in interesting times!

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Build Resilience in Volatile Freight Environments

FreightWaves SONAR

The key is to take a more long-term and targeted approach to pricing. We have come through several years of extremes in the transportation industry. From a shipper’s perspective, transportation is a cost center, and the exercise of sourcing trucking capacity is not much different than that of procuring raw materials for production.