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Peak Season Prep: 2024 Trends & Strategies

Ship Monk

Today we’re going to look at some of the consumer trends that might affect your preparations for peak season 2024, and strategies to maximize them. 2024 Consumer Trends Early this year, HubSpot released its 2024 Consumer Trends Report. Trend #3 More than half of consumers are being more careful with spending.

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Is It Time to Move Beyond the Traditional Approach to IBP?

Logistics Viewpoints

Limitations in modeling the real world Over the years products, consumers and markets have grown complex and this trend was accelerated by COVID-19 in terms how and where customers want to interact with brands and products.

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Active Supply Chain Design: A Key Imperative for De Risking Supply Chains

Logistics Viewpoints

Globalization, nearshoring and friendshoring trends are amplifying the supply chain risks. There may be several nodes that are critical and single sourced thus elevating the risk profile of the supply chain. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

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Log-hub 4.2: Advancing Supply Chain Resilience with Automated Scenario Comparison and Freight Management

Log-hub

Integration with KNIME Nodes and APIs offers advanced freight cost calculation, simulation, and transport cost evaluation across various shipment levels. This simplifies complex scenario analysis by enabling multiple calculated scenarios to be saved in one place, facilitating rapid comparison and optimization directly within the platform.

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Log-hub 4.2: Advancing Supply Chain Resilience with Automated Scenario Comparison and Freight Management

Log-hub

Integration with KNIME Nodes and APIs offers advanced freight cost calculation, simulation, and transport cost evaluation across various shipment levels. This simplifies complex scenario analysis by enabling multiple calculated scenarios to be saved in one place, facilitating rapid comparison and optimization directly within the platform.

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Log-hub 4.3 Update Boosts Supply Chain Optimization with Advanced Visualization and Scenario Comparison

Log-hub

Analysing these heat maps reveals patterns and trends in customer distribution, which can influence strategic decisions on warehouse placement, distribution routes, and inventory strategies. Map Comparisons: Comprehensive Scenario Analysis Log-hub 4.3 Here is an in-depth look at the key enhancements in Log-hub 4.3: With the Log-hub 4.3

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Rise in Shipping Rates has little impact on Port Congestion

Logistics Business Magazine

A detailed analysis of 40 ports across Asia revealed that 22 reported increases in congestion in May compared to April. This sharp increase continues a trend of worsening congestion at the port this year. An analysis of 40 ports across Asia revealed that 22 reported increases in congestion in May compared to April.