News — Global Supply chain

Disinformation? "The U.S. retail industry has restarted restrictions on the purchase of daily necessities, and the Federal Reserve is deeply concerned about the "inflation crisis"...

Global Supply chain

Disinformation? "The U.S. retail industry has restarted restrictions on the purchase of daily necessities, and the Federal Reserve is deeply concerned about the "inflation crisis"...

According to several foreign media reports, the shelves of Costco, the largest membership-based warehouse chain in the United States, are empty again, and even began to limit the number of toilet paper purchases to relieve supply pressure (shelves empty! Millions of dollars of goods stranded in Chinese warehouses and ports, what is the reason behind the "supply crisis"? This time, it's not a panic rush caused by the new epidemic, but a supply chain crisis and soaring logistics costs. And Costo is not alone, as Target, Home Depot and Sears are all experiencing shortages on their shelves.     01...

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Another Inflation Alert? High freight rates expected to continue, container shipowners bullish on 2022 boom

Global Supply chain

Another Inflation Alert? High freight rates expected to continue, container shipowners bullish on 2022 boom

  As global demand for commodities and freight surges, demand for container ships is at an all-time high, and freight rates continue to be high, executives at companies that lease vessels to ocean carriers don't expect this boom in the market to end anytime soon. Instead, their optimism could be another sign of inflation.As the epidemic disrupted global supply chains, many ports around the world became congested, causing transportation costs to soar. According to data from Kuehne+Nagel, one of the world's largest freight forwarders, there are now 584 container ships stranded outside ports around the world, a number that has...

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Revolutionizing indirect procurement for the 2020s

Global Supply chain

To overcome the challenges, companies need a new vision for indirect procurement that combines cutting-edge tools and practices, as well as traditional approaches to category management, to address fundamental issues relating to processes, capabilities, and data. Using this coordinated, technology-enabled approach, global companies are already achieving marked improvements that allow them to capture the untapped value of indirect procurement.

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