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The World’s Shippers Are Earning the Most Money Since 2008

Supply Chain Brain

The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of COVID-19 drives freight prices ever higher.

Price 106
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Does a 2008 answer to a question on “optimization modeling” still stand in 2024?

Procurement Insights

EDITOR’S NOTE: More than two decades ago, the foundational elements for successfully utilizing advanced, self-learning algorithms to optimize the procurement process using an agent-based model were well established.

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Longer Freight Trains Have Created 'New, Heightened Safety Risks'

Supply Chain Brain

The NAS report estimates that the average train length increased by roughly 25% between 2008 and 2017.

Risk 98
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What Government Contractors Should Know About the 2022 Recession

Procurement Tactics

Experts also predict that the country’s next recession will be unlike the previous economic downturn in 2008 that resulted from the crash of the subprime mortgage market. . One question at the forefront of many Americans’ minds is, “Will this be another 2008 recession?”. Comparing the 2022 Recession with Previous Economic Downturns.

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Nestlé, Kraft defeat egg producers in price-fixing case

Supply Chain Dive

An Illinois federal jury found Cal-Maine and other egg giants liable for limiting the supply of the protein in 2004-2008 in an effort to drive up costs. Damages are set to be awarded to companies such as Nestlé, Kraft and Kellogg.

Price 115
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Six Sigma in 2024 – Is It Still Relevant?

Procurement Insights

Here is the link to the first Six Sigma case study of Forrest’s that I posted on my YouTube channel in 2008 – [link] Watching that video today, the case study seems as relevant now as it did then—maybe even more so. How do you apply your Six Sigma teachings in 2024?

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China Spent $240bn on Belt and Road Bailouts From 2008 To 2021, Study Finds

Supply Chain Brain

The share of Beijing’s overseas lending directed to borrowers in financial distress increased from 5% in 2010 to 60% in 2022, according to the study.

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