Shipping lead times fall 23% as companies order less goods with more frequency
Chart of the Week: Ocean TEU Booking Lead Times – All ports to the USA SONAR: Container Atlas
Order lead times — the time between order placement and expected ship date for containerized imports — have dropped 23% since late April as supply chain managers are forced to change their strategy in an economic environment that is once again in a transitional state.
Last week, Target reported that it had essentially too...