In less than four weeks into the new year there are already interesting supply chain related intelligence new launches and offering updates to note:
Making a big splash and receiving lots of press at the start of the new year was the announcement by the Federal Reserve Bank of New York of its new Global Supply Chain Pressure Index (GSCPI), which integrates a number of established metrics for “a more comprehensive summary of potential disruptions affecting global supply chains.” The first set of indicators focus on cross-border transportation costs with data used from the Baltic Dry Index, the Harpex index, the U.S. Bureau of Labor Statistics constructs price indices, and outbound and inbound airfreight price indices. The second set of of indicators feature country-level manufacturing data from the Purchase Manager Index (PMI) surveys and the ISM manufacturing survey.
Information Services Group (ISG) launched ISG Executive Insights, a data-analytics-as-a-solution offering, which allows organizations to gather insights on one platform to optimize provider relationships, risk and compliance. “Leveraging data from more than 180,000 sourcing contracts, 5,600 unique assessments and 1.3 million deliverables and obligations, ISG Executive Insights delivers market trends and forecasts; information on provider capabilities, pricing and commercial terms; real-time analytics, risk mitigation and ongoing, post-deal value realization.”
Craft and The Smart Cube announced a new partnership “to enhance access to supplier and market intelligence for procurement professionals… The partnership will see Craft’s supplier intelligence platform, that aids discovery, evaluation and monitoring of suppliers, integrated into The Smart Cube’s Amplifi PRO procurement intelligence platform. From January 2022, registered Amplifi PRO users will be able to immediately and seamlessly access Craft’s supplier intelligence, creating a more valuable and actionable experience.” (Note: this entry added January 29, 2022.)
Professional services firm BDO announced the launch of Global Value Chain Solutions, an integrated suite of services that address the individual elements of global supply chain strategy including network optimization, sourcing and supplier management, financial optimization, digital strategy and enablement, total tax liability, site relocation and government incentives negotiation, strategic workforce analysis, and risk management.
CHAMP Cargosystems launched its latest service, MarketAnalytics, which builds on trials with 28 airlines and forwarders, delivering daily updated market insights. The offering uses system integrations from across the supply chain to get detailed updates to provide potentially greater coverage than traditional services. “The ability to look at information by commodity and type of handling, in particular, is proving to be very popular.”
Third-party logistics provider Kuehne+Nagel is launching the Seaexplorer disruption indicator to measure the efficiency of the world container shipping networks. The indicator shows the cumulative TEU (Twenty-foot equivalent unit) waiting time in days in the ports of Prince Rupert, Vancouver/Seattle, Oakland, Los Angeles/Long Beach, New York, Savannah, Hong Kong, Shanghai/Ningbo, and Rotterdam/Antwerp.
Photo credit: geralt via Pixabay.
