News & Highlights
Written by CSCMP Corporate Member, Jason Juds, Principal Consultant at Liberty Advisor Group
With a potential economic downturn in 2023, taking a look at your supplier base to assess critical supplier long-term viability is imperative. Jason Juds developed a framework to assess, measure, and identify options for mitigating these supplier viability risks.
Written by CSCMP Strategic Partner, Melanie Nuce, GS1 US
How can business leaders think about sustainability in this moment, while attending to more immediate, survival-mode issues of basic commerce? Explore how supply chain transformation supports sustainability in this article from Melanie Nuce, senior vice president of innovation and partnerships, GS1 US.
Written by CSCMP Corporate Member Dorinda Jung of OOCL Logistics
As supply chain disruptions have taken center stage, so too has the conversation about the end-to-end supply chain, what it means and how it is managed. These conversations are now mainstream and being had by consumers, financial institutions, investors, governments, and retailers alike. The importance of a dynamic, nimble, and visible supply chain is becoming a competitive advantage to deliver a superior customer experience, as consumer spending habits change, disrupting traditional revenue streams.
According to the November Logistics Manager’s Index Report®, the overall index is 53.6, falling from October’s reading of 57.9 and down for the second consecutive month. One of the drivers behind the overall drop is the dip in inventory levels and costs as firms not only shift inventories downstream but begin to wind them down through holiday sales. Warehousing Capacity remains tight, and prices are high, but these forces are counteracted by the continued slide in transportation metrics, with top-5 all-time Transportation Capacity expansion and the quickest rate of Transportation Price growth in the history of the LMI.