SPONSORED

This article brought to you with: Finale Inventory.

See how Finale Inventory helps you improve and scale your operations with their all-in-one, multi-channel inventory management solution.

Global Container Shipping Costs at All-Time Highs

Not that the headline above is telling you anything new amid a global Pandemic and a global supply chain crunch.

Since the pandemic started, shipping container costs have surged 5x reaching a record high.

Professor Scott Galloway explains what’s happening with shipping costs in this video.

Global Procurement & Supply Chain Professionals Read This…

Free Case Study When You Subscribe

…Carefully curated procurement & supply chain issues that make you look smart, sent to your inbox every week.

PLUS: Get the FREE Procurement Case Study when you subscribe: “How McDonald’s Overcame Global Supply Chain Obstacles”

Procurement Bulletin eNL Subs Email Only Step 1

Similar Posts

Wind-Powered Cargo Ships Coming to a Supply Chain Near You

ByVincent Po

Wind-Powered Cargo Ships Coming to a Supply Chain Near You All the hoopla and attention has been focused on going electric. But the other environmentally-friendly power source, wind, could be something you see in the near future. Namely, wind-powered cargo ships! Rate Hikes Hurting Manufacturing As the US Federal Reserve continues to hike interest rates,…

Survey Shows Interesting Results in Salaries for Procurement Professionals

Survey Shows Interesting Results in Salaries for Procurement Professionals

ByVincent Po

The Institute for Supply Management (ISM) just released their annual study regarding pay for professionals within the supply chain. Overall, salaries (including regular pay and bonuses, but excluding the value of benefits packages) were up slightly for the year 2012. The average salary for professionals in the supply chain was $103,700. There was a 6.7…

Container Rates from China Start Rising Again

ByVincent Po

Container Rates from China Start Rising Again As shipping rates started coming down and the chaos for supply chains started improving, it looks like container rates from China to the U.S. are starting to creep up again. Sugar Distributor Expands Products Vancouver-based sugar distributor, Rogers Sugar, is looking to expand its Montreal production facility to…

Seatbelt Use the Single Biggest Safety Issue Facing Truckers

Seatbelt Use the Single Biggest Safety Issue Facing Truckers

ByVincent Po

Operating a big rig is a dangerous endeavor. On average, 905 truckers die each year for a ratio of 27 trucker deaths for every 100,000 drivers. Truckers account for about 12 percent of all traffic fatalities. According to numerous research reports, truckers can reduce their chances of dying in a crash by 50 percent if…

Cloud Computing Lowers Costs, Improves Transparency in Procurement

Cloud Computing Lowers Costs, Improves Transparency in Procurement

ByVincent Po

The procurement industry is undergoing a transformation, harnessing the power of cloud computing for improved visibility, stronger data analysis capabilities, and lower data storage costs. While the government is taking strides towards becoming one of the biggest adopters of big data, regulation-heavy industries, including procurement, can take advantage of streamlined process and better data management…

India’s Officials Ask PepsiCo to Invest in School Lunch Program
| |

India’s Officials Ask PepsiCo to Invest in School Lunch Program

ByVincent Po

India’s officials have approached PepsiCo in an attempt to lower rates of malnutrition among its impoverished citizens, as well as the affluent – many of whom are prime candidates for diabetes. The Indian government believes the soft drink manufacture’s venture into the country’s food and beverage market has not helped.