First quarter freight spend, at 187.8, was up 1.4% compared to the fourth quarter and 24.5% annually, as well as being the highest-ever quarterly reading, according to U.S. Bank. The report explained that the surge in freight spend was largely attributed to the ongoing truck driver shortage, which, in turn, led to rising rates in…Details
Demand Modeling helps improve the design of your supply chain to better account for explainable changes in demand.
When we said 2017 was one of the most disruptive years for global supply chains in recent years, thanks to natural disasters, geopolitical conflicts, and regulatory upheaval, we couldn’t have foreseen the twists and turns that would take shape in 2018.
As closer supply chain ties are forged with vendors, logistics managers must increasingly collaborate with procurement. To provide insight, a new study illuminates today’s procurement process, and the many challenges purchasing managers face.
Profile of Michele van Krieken, global supply chain manager with The Chemours Company
Still struggling to get your logistics technology up to speed? You’re not alone. See why companies are increasingly outsourcing IT to their third-party logistics providers.