Remove 2022 Remove Freight Remove Inventory
article thumbnail

Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated. Teams should also revise expectations for tier-two and tier-three suppliers, shipping and freight partners. Setting expectations ahead of a crisis is critical to reducing risk, avoiding liability claims and mitigating potential losses.

article thumbnail

Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

ivalua

As we continue to adjust to new business cycles, 2022 offers an opportunity to learn how to incorporate lessons learned from 2020 to establish a new supply chain and customer experience strategy. Perhaps 30 days of inventory isn’t enough in times of crisis, and terms should be updated. Balance supply chain risk and resilience with ROI.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

In September 2022, iron ore was valued at approximately 99.8 ” [6] Turning to labor costs, BLS’ July 2022 Employment Cost Index (“ECI”) revealed that “[c]ompensation costs for private industry workers increased 5.5 percent from June 2021 to June 2022. .” percent from June 2021 to June 2022. percent.” [7]

article thumbnail

Government Contracts Inflation Update

Procurement Notes

Jay Blindauer In October 2022, I circulated “ An In-Depth Examination of Inflation Relief for a Government Contractor [.]” December 2022 +6.5% November 2022 +7.1% October 2022 +7.7% September 2022 +8.2% August 2022 +8.3% July 2022 +8.5% June 2022 +9.1% May 2022 +8.6% April 2022 +8.3%