Inbound Logistics | September 2023

TAKEAWAYS Shaping the Future of the Global Supply Chain

Shippers Share High Hopes What are shipper expectations for Q4—traditionally the busiest shipping season of the year? The latest BlueGrace Logistics Condence Index nds: • Expected revenue growth. Positive responses increased, indicating most shippers (64%) are optimistic about revenue growth in the fourth quarter of 2023. • Impact on inventory levels. Responses reveal a nuanced view of shippers’ outlook on inventory levels. Although a slightly larger portion compared to Q3 anticipates revenue uctuations negatively affecting inventory, the majority still foresees a positive impact. This mix of perspectives suggests a dynamic marketplace where adaptability will be key.

• Order sentiment. A noteworthy nding shows the unprecedented level of neutral responses at 66% regarding order sentiment. This high level of uncertainty hints at an equilibrium between expansion and contraction, implying that most shippers are adopting a cautious approach, likely inuenced by prevailing market ambiguities. • Consensus. The Q4 data reveals a remarkable alignment among shippers in terms of revenue, inventory, and orders. This convergence, not seen in more than one year, showcases a unied perspective within the industry and signies that stakeholders have identied common ground and expectations for the upcoming quarter.

                                               

20 Inbound Logistics • September 2023

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