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This in-depth special report provides an extensive analysis of supply chain performance throughout the entirety of the biggest disruption in modern history, the COVID-19 pandemic — offering unique insights that cover the years before, during and after the pandemic’s impact.
Supply Chain Matters provides readers with December 2024, Q4-2024 , and year-end global supply chain assessments as reported by various global wide PMI reporting. At the end of 2024, global manufacturing activity levels remained at a state of contraction amid international trade volume declines. for December, down from a 50.0
A digital passport electronically enables consumers, businesses, and governments to make responsible purchasing decisions about a products origin, materials, components, carbon footprint, supply chain, and much more. Harmonized Digital Systems: Collaborates across the value chain to report data into the battery passport.
In 2023, the National Institute of Standards and Technology (NIST) reported that 62% of organisations experienced a supply chain-related cyber incident. Open-Source Components A lot of IT tools are built on open-source code. The breach cost them over $120,000 in recovery costs and fines. The source?
49% That was the ownership share of product returns specialist Inmar Post-Purchase Solutions (IPPS), a joint venture between Doddle—a part of Blue Yonder—and Inmar, Inc. prediction made in March. That according to the company’s 2025 Corporate Responsibility Report, released this week.
Reported April 22 Our trends in April have held consistent with March, and while market conditions remain soft, we've seen no appreciable downturn over the past two weeks, despite the tariff environment. So China is always going to be a manufacturing hub for us. Automotive Parts Genuine Parts , Q1 ending March 31.
From 2019 to 2022 in Canada the average price for 500 grams of bacon has risen from $7.06 Examples Morningconsult.com reports that the impacts of Shrinkflation are being seen across a wide variety of grocery categories. High freight costs that were incurred during the pandemic will come down. That is shrinkflation.
Russian crude offers China both a reliable energy source and a steep discount, helping offset rising global oil prices. However, it may try to soften its exposure—perhaps by reducing public purchases, using intermediaries, or shifting more trade to private refiners to avoid direct links that could trigger U.S. While the U.S.
Gartner says, adding that “They are approaching the current environment from a data-driven analytical method that wasn’t nearly as prominent five years ago.” lost net about 200,000 manufacturing jobs per year to offshoring. In order to help companies decide objectively to reshore manufacturing back to the U.S.
lost net about 200,000 manufacturing jobs per year to offshoring. In order to help companies decide objectively to reshore manufacturing back to the U.S. or offshore, the nonprofit Reshoring Initiative's free Total Cost of Ownership Estimator can help corporations calculate the real P&L impact of reshoring or offshoring.
lost net about 200,000 manufacturing jobs per year to offshoring. In order to help companies decide objectively to reshore manufacturing back to the U.S. or offshore, the nonprofit Reshoring Initiative's free Total Cost of Ownership Estimator can help corporations calculate the real P&L impact of reshoring or offshoring.
The final pillar of defense against cargo theft involves collaboration with trusted partners to track threats and report incidents – which often doesn’t happen even in today’s environment. lost net about 200,000 manufacturing jobs per year to offshoring. companies are reshoring and foreign companies are investing in U.S.
lost net about 200,000 manufacturing jobs per year to offshoring. In order to help companies decide objectively to reshore manufacturing back to the U.S. or offshore, the nonprofit Reshoring Initiative's free Total Cost of Ownership Estimator can help corporations calculate the real P&L impact of reshoring or offshoring.
lost net about 200,000 manufacturing jobs per year to offshoring. In order to help companies decide objectively to reshore manufacturing back to the U.S. or offshore, the nonprofit Reshoring Initiative's free Total Cost of Ownership Estimator can help corporations calculate the real P&L impact of reshoring or offshoring.
But according to a report on the data, US birth rates rose only for one demographic: Hispanic women. births per 1,000 women in 2023 was the lowest ever recorded since data collection began in 1909, according to the CDC report. That left logistics costs as a percent of US GDP down a bit in 2024 to 8.7%. trillion, up from $2.44
Commandment 9: Insist on User Friendliness Independent of the effort put forth to design a system, purchase hardware and develop software, the single biggest test of implementation occurs when an operator attempts to scan bar coded media. lost net about 200,000 manufacturing jobs per year to offshoring.
That was captured in the SOL report by the chart below, which shows uncertainty, as tracked by something called the Economic Policy Uncertainty Index from an organization of academics using the same name as the index. Source: State of Logstics Report 2025 May you live in interesting times, as the Chinese saying goes.
lost net about 200,000 manufacturing jobs per year to offshoring. In order to help companies decide objectively to reshore manufacturing back to the U.S. or offshore, the nonprofit Reshoring Initiative's free Total Cost of Ownership Estimator can help corporations calculate the real P&L impact of reshoring or offshoring.
That also led Klappich to recently define a new category of software, which Gartner calls a Multiagent Orchestration Platform (MAOP) for managing mobile robots in warehousing and manufacturing. ( lost net about 200,000 manufacturing jobs per year to offshoring. companies are reshoring and foreign companies are investing in U.S.
in May, but falling below the key 50 mark that separates US manufacturing expansion from contraction for 30 out of the last 32 months. Another manager in the computers and electrics sector stated that: “Tariffs continue to cause confusion and uncertainty for long-term procurement decisions. A Manufacturing PMI above 42.3,
lost net about 200,000 manufacturing jobs per year to offshoring. In order to help companies decide objectively to reshore manufacturing back to the U.S. or offshore, the nonprofit Reshoring Initiative's free Total Cost of Ownership Estimator can help corporations calculate the real P&L impact of reshoring or offshoring.
lost net about 200,000 manufacturing jobs per year to offshoring. In order to help companies decide objectively to reshore manufacturing back to the U.S. or offshore, the nonprofit Reshoring Initiative's free Total Cost of Ownership Estimator can help corporations calculate the real P&L impact of reshoring or offshoring.
In the supply chain team analysis, note the 21% gap between procurement and manufacturing teams, the 35% gap between sales and operations and the 21% gap between finance and operations. Organizational Alignment in 2019. Functional Metrics. Organizational Alignment 2012. Gap closure requires leadership.
At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) Understanding this relationship requires modeling. (A A Case Study.
Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. One of my favorite supply chain leaders has a stack of Palantir reports in black binders on his desk. Reflection.
With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?
At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. The research, conducted by Vanson Bourne on behalf of Ivalua, found that 71% of respondents believed the rate of digitisation in Procurement is low.
2019 is shaping up to be a year in which warehouses and distribution centers continue the development and implementation of technology-based processes. Dropshipping refers to manufacturers sending products directly, but products are purchased through a third-party. The state of the logistics industry is evolving.
Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. Truck drivers report that maintenance issues are a constant nightmare. There is not a one-to-one relationship between a container and a purchase order.
Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. CAGR, this area is going to lead all IT investment categories for manufacturing CEOs.
A combo of pandemic-related increased demand, and the tragic destruction of a key chlorine manufacturer have led to 2022’s swimming pool chlorine shortage. In fact, pool construction jumped by approximately 20% from 2019 to 2020 – resulting in the need for a whole lot of chlorine tablets. Image source: Cape Analytics.
times a month’s sales, a low for the period since January 2019 included in the chart. However, the CPI report did state, “ the index for used cars and trucks rose 0.2 Supply shortages, low inventory to sales ratios, and hiring lags are noted as factors at play. Used cars and trucks were up 41.7%. I question if this is a data anomaly.
What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.
Dr. Alexandros Skandalakis – the Director Global Manufacturing Capacity, Strategic Assets and Capital Expenditures at Philip Morris Products S.A. This was done at a stock keeping unit level and for the entire manufacturing supply chain. It was predictable. The solution considers projected demand and service level goals.
Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictiveanalytics, 3D Printing, and VR) to watch for in 2016 stacked up.
I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Mistake #3.
While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.
With the right technology, process manufacturing strategy, planning, and management can be simplified. Manufacturers have been through a trial by fire with supply chain disruptions and changes in demand during the past two years. 4 Digital Solutions That Address the Top Challenges for Process Manufacturers.
billion in 2019. Fast forward 5 years, and ARC’s 2019 base-year study estimated the market at $11.9 Also, warehouse automation excludes similar systems such as airport baggage handling, manufacturing-line automation, and manually driven forklifts. Looking back, I estimated the market in 2013 at $6.4 Well, I am saying it.
eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.
However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The shifts in growth from 2019-2021 are dramatic. My question is, “Why?” Background. Growth requires cash.
The impact of e-commerce and the consumer digital path to purchase has been significant. ”[1] Empty malls and struggling brick-and-mortar retailers also bear stark witness to the impact of the digital path to purchase. … Shoppers now purchase more online, making fewer trips to stores and seeing fewer in-store promotions.”[2].
Supply chain leaders were slow to adopt advances in Big Data Analytics. In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. – The Myopic Focus on Cost Reduces Effectiveness. – Technology Evolution Outpaced Adoption.
82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.
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