Just a quick blog post to let you know about some minor changes we’ve made to the Learn About Logistics website. As you know, our website features weekly blog posts – you can search our full archive of nearly 200 posts. We’ve added a new downloads page making it easier for you to download our learning resources. In future, we’ll add … Read More
Demand and supply risks at logistics service providers
Risks with commodity services. Many people work in or are affected by the volatility of markets for commodities and commoditised services. The challenge for Procurement professionals and Logisticians is to understand (and plan for) the state of a supply market at a point in time in the future, recognise the associated risks and attempt to mitigate them. Supply markets and … Read More
Use external inputs to your Business Plan with care
About your Business Plan. Forecasts of future demand and supply are full of uncertainties, especially when considering future business conditions that your organisation will need to operate within. To give some authority to the numbers used, models and estimates of the future should be substantiated by assumptions. These limits provide an understanding about the level of acceptance and use of … Read More
Logistics future, events and changing trade lanes
The future is not far away. Changing your Logistics patterns usually occur when it has to be done – but that is when your competitors are also likely to be changing their Logistics. With more businesses competing for the new environment, prices increase. The alternative is to think ahead and consider what could happen and whether changes to your business … Read More
Logisticians pleased with fall in freight rates – maybe
Volatility in ocean freight rates. Volatility in freight rates is not new. The fall in container shipping rates continues a two year decline. As the current rates (especially Asia to Europe) are likely to be loss-making for shipping companies, something will give. Demand-supply in the market will regain balance and all will be right – but will it? Most major … Read More