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Show Notes – Our Year in Review: Supply Chain Tactics, Tips, and Predictions for 2022

Overview:

            This week we had the chance down to sit down and look back at the last 12 months for the global supply chain. It was an eventful year to say the least and it looks as though many of the same themes will carry into January of 2022. This was an opportunity for Don and Bryan to review major events, discuss emerging strategies, and get clear on what they think will continue to be of major discussion in the world of ocean freight.

Key Topics:

  • Trying to Predict the Return to Normal
  • Congestion & Capacity Past + Present
  • Customer of Choice Theory & Strategy
  • Spot Rates & Investment of Carrier Profits 
  • Premium Service Offerings by Carriers
  • Competitive Strategies in the Market for 2022
  • Just-in-Time Inventory vs. Reliable Inventory
  • The Ascension of Two-way Committed Contracts
  • LinkedIn Poll Results Segment
  • Implementing New Technology
  • Predicting the Future of Ocean Shipping

Takeaways:

  • 71% of our audience is considering signing contracts longer than 12 months
  • 78% of logistics teams aim to implement new technology in 2022
  • 75% of shippers failed to receive their ocean allocation on time in 2021
  • Carriers will continue to create priority service offerings for their ideal customers
  • Shippers are moving away from the spot-market and toward committed contracts
  • Just-in-time inventory is becoming obsolete
  • Capacity will continue to be a problem in 2022