May imports, at 2.70 million TEU (Twenty-Foot Equivalent Units), rose 11% annually, following April’s 8% annual gain, with growth intact for the ninth consecutive month, following a 14-month stretch of annual declines. Total first quarter imports were up 11% annually.
Bringing production and sourcing back to the United States or to a country in close proximity have always been goals for companies that want to gain better control over their supply chains. But for procurement leaders, it adds complexity.
Even as new data suggests freight shipments continue to slide, shippers in BlueGrace Logistics Index are feeling better about the remainder of the year.
Procurement is transforming. Gone are the days of blindly spending with single suppliers, replaced by a complex network of diverse global suppliers. Gone are the days of procurement leaders “that just know what to do,” replaced by workers leveraging technology to fill in…
Sunday, May 19, 2024 · Marisa Brown, senior principal research lead, supply chain, APQC
Supply chain organizations are always looking for greater visibility into spending. Leaders are dedicating additional resources to spend management, which seeks to answer several questions related to spend analysis.
The COVID-19 pandemic highlighted the need for special short-term planning teams to supplement an S&OP team. An S&OP team is always vital to managing the rudder for navigational purposes. However, Quick Response and supply-in-mind planning specialists need to help out…
The reshoring trend is rapidly accelerating, but it is not new. Reshoring Institute Executive Director Rosemary Coates provided a history lesson on reshoring at the recent ISM World conference.
Supply chain disruption scenario planning continues to remain robust, but there is some fatigue settling in as fewer organizations are making it a priority.
Geopolitical risk advisor Ian Bremmer says that despite the current global political environment, most countries are recognizing the importance of a global supply chain.
The passage of a U.S. aid package for Israel and Ukraine comes at a time of an expected increase in commercial aviation manufacturing, adding further pressure to aerospace and defense supply chains.
The recent case of thousands of autos being denied entry to the U.S. over concerns of forced labor used by a sub-assembly supplier illustrates the need to improve scrutiny of the supply chain.
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