Red Sea attacks drive transportation costs to a 15 month high, but no panic yet

The GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs based on a monthly survey of 27,000 businesses — rose to -0.12 in January, from -0.44 in December, its highest level since last April, indicating that spare capacity across global supply chains has shrunk notably. More from […]

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The Logistics Point February ’24

FEATURE Navigating the Warehouse Evolution: Automation, Workforce Shortages & increased flexibility;VIDEO UK’s Economic Engine: The Crucial Role of Express Couriers in the UK Economy;Would 2024 instability bring down logistics & supply chain?;Why is collaboration still a dirty word in logistics?;Understanding the Workplace Charging Scheme;EU’s Emission Trading Scheme: How does it impact logistics?;Couriers take on the […]

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VIDEO AI-First Mindset: Procurement Counts The Benefits, Minding The Setbacks

AI has become an integral part of business operations and a new generation is bringing even more value to supply chains and procurement in particular. There are many things that need to be considered, however, before organisations take on the route towards AI-first mindset. We spoke to Saratendu Sethi, VP of AI/ML at GEP Worldwide, […]

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Demand for Raw Materials Goes Down Reflecting Recession Risks

The GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs — shows declining demand for raw materials, commodities, and other components needed to provide finished goods and services in December, reflecting the growing risk of a recessionary period ahead. Additionally, more businesses are safety stockpiling […]

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VIDEO 2023: Procurement Stepping Up To Battle Inflation

2022 had its challenges and the hope is that 2023 will bring more opportunities for businesses. John Piatek, VP Consulting Services at GEP, takes a look at what the new year will bring in the area of procurement and supply chain development as a whole. You can watch a short summary of GEP’s report for […]

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