Supply Chain Management

Turkey overturns quarantine regulations for foreign truck drivers.  Air freight rates for Chinese imports are falling, but are still three times higher than before Covid-19.  Rates for rail transport on the new Silk Road are relatively stable. (Bochum, 06/05/2020) Light at the end of the tunnel: The transport market for the fashion industry is recovering. […]

The terms supply chain management, logistics or transportation are often lumped together. Hardly any other term is used correctly or incorrectly more often when explaining handling, transport, logistics activities and both internal and cross-company processes. But where is the difference? Logistics is the holistic regimentation, provision, control and optimization of flows of goods, information, energy, […]

Delayed mass deliveries from Asia trigger container congestion. Higher logistics costs and discount battles threaten the financial situation of companies. Drayage doubles to twelve days on average. (Bochum, 05/04/2020) A flood of late arriving goods from Asia is currently putting the fashion industry under pressure. Since the logistics centers have been full due to the lockdown, […]

Clothing reaches Germany up to 30 days later. Production and transport delays are only just beginning. Fashion industry cancels or postpones production of more than 800 million ordered garments. (Bochum, 3/31/2020) The consequences of the coronavirus pandemic are increasingly affecting the supply chains of the fashion industry between Asia and Germany. After fashion brands had […]

There are many ways to deal with the crisis caused by COVID-19 as a company. We show you what companies should do in times of the coronavirus and what actions you can take to be prepared for such crises: Digitalize your processes and communication channels as far as possible. Organize yourself so that you can […]

Clothing providers are rebooking more than 60 percent of airfreight shipments into ocean freight. Spot market rates for ocean freight double. Six million empty containers piled up in China. (Bochum, 3/25/2020) Full brake and roll backwards. Even the announcement by the German government that shops would have to be closed due to the pandemic caused […]

Coronavirus: Delivery delays of 20 days on average in the fashion industry Forecast predicts delayed deliveries of up to 50 days. Spot market freight rates for air cargo more than quintupled in some cases. (Bochum, Germany, March 17, 2020) The rapid spread of the Coronavirus is already having an impact on the German fashion industry. […]

• US fast-fashion specialist opts for SCM software “Made in Germany”.• Complete control over the supply chain from suppliers to customers. (Bochum, Germany, January 31, 2020) The New York-based company Jump Design Group has decided to implement the supply chain management software OSCA to make the global supply flows of the fast-growing clothing specialist transparent. […]

The topics “Industry 4.0” and “Digitization” have occupied all industries for some time, not just logistics. On the one hand, digitization often causes tension and concern with regard to its implementation and consequences. On the other hand, its potential to make processes easier, more transparent, more accessible and more responsive is still enormous. Therefore, all […]

Four important innovations include Incoterms 2020, which support the management of international trade transactions. First of all, the most important thing: like all previous versions, Incoterms 2020 are not mandatory for international trading transactions. However, according to the ICC , the latest versions of the Incoterms apply to 90% of all international contracts. DAT will […]