Logistics Matters with DC VELOCITY Guest: Koray Köse of Gartner on supply chain impacts of the Russia-Ukraine war; Efforts to loosen tight freight markets; Logistics costs continue to rise.
Our guest in this week's episode is Koray Köse, senior director analyst at Gartner Supply Chain and Research Advisory. He shares the impact that the Russian invasion of Ukraine is having on supply chains. Those impacts include raw materials sourced from the region, rerouting transportation around the war zone, and impacts on the costs associated with fuel. How long will these impacts continue to affect the world's supply networks?
New efforts are underway to add additional capacity to the trucking market. They include a new apprenticeship program designed to bring more drivers into the industry.
With the Russian war affecting oil prices, supply chain costs continue to surge, according to this month's Logistics Managers Index. While prices remain high it does not seem to impact demand for supply chain services, as they continue to grow at historic rates.
DC Velocity's sister publication CSCMP's Supply Chain Quarterly offers a new series of podcast called Supply Chain in the Fast Lane. Co-produced with the Council of Supply Chain Management Professionals, this new series first focuses on an eight-part look at the State of Logistics. Go to your favorite podcast platform to subscribe.
Articles and resources mentioned in this episode:
- Gartner Supply Chain Research
- ATA says federal apprenticeship program will boost supply of truck drivers
- Automakers lack supply chain muscle to meet raging truck demand
- Logistics economy grew in February
- Logistics pros warn of business impact from Russia-Ukraine war
- Visit DCVelocity.com for the latest news.
- Visit Supply Chain Quarterly
- Listen to Supply Chain Quarterly's Top 10 Supply Chain Threats podcast
- Send feedback about this podcast to podcast@dcvelocity.com.
Podcast sponsored by: Beckoff
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