Supply Chain Matters

OCTOBER 11, 2022

As our production volumes continue to grow, it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost during these peak logistics weeks. Further reported is that BYD continues with its global expansion plan by consummating partnerships with in-country dealers across Europe and Australia.

Modeling 59

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Supply Chain Matters

JULY 25, 2022

The Ferrari Consulting and Research Group shares a Part Two commentary addressing our mid-year assessment of previously published 2022 Predictions for Industry and Global Supply Chains published at the beginning of 2022. Restoring More Direct Control in Materials Sourcing. Geo-Political and Hybrid Government Policy Dimensions.

Sourcing Strategies 59

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Logistics Viewpoints

JUNE 1, 2023

In March 2022, online shopping was up 27% over the previous year. From the start of the pandemic until March 2022, online shopping went up by 33%. In 2022 overall, U.S. While supply chain compromises accounted for 1% of the intrusions in 2021, they rose to 17% in 2022. and Europe.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

The Logistics & Supply Chain Management Society

JULY 16, 2023

In the UAE, there have been multiple initiatives taken to strengthen food security. For example, the launch of the UAE’s National Food Security Strategy 2051 significantly contributed to the country’s success in achieving the top rank in the Food Security Index.

Supply Chain Planning Software 130

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Enterra Insights

NOVEMBER 4, 2022

”[1] Tech writer Jeannie Kever ( @JEKever ) adds, “Blockchain technology has the potential to transform the global supply chain and improve both the speed and security of handling the flow of goods at international borders. 11] Madeline Bennett, “ Is blockchain the answer to security risk in supply chains?

Supply Chain Software 130

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Supply Chain Matters

MARCH 28, 2024

Last week the EV start-up announced that it has secured $150 million in needed financing by issuing $166 million worth of notes to an existing investor. Lucid Secures Needed Added Funding Luxury EV auto maker Lucid Motors reported both Q4 and 2023 financial and operational performance that disappointed investors. Paid subscription ).

Supply Chain Strategy 52

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Supply Chain Matters

MARCH 5, 2022

The Supply Chain Matters blog features our March 5, 2022 edition of This Week in Supply Chain Management Tech , a synopsis of noteworthy supply chain management focused technology news which we believe would be of specific interest to our global-based blog readership. RightHand Robotics Secures $66 Million in Series C Funding.

Supply Chain Planning Software 52

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Supply Chain Matters

NOVEMBER 17, 2022

He reportedly added that the consumer electronics giant will likely expand its supply of semiconductor chips from Europe as well. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Be watchful and be prepared for the various industry implications. Bob Ferrari. All rights reserved. .

United States 52

United States Manufacturing Procurement Security Taiwan 52

Enterra Insights

JUNE 20, 2023

With maritime exports of grain continuing to be at risk, Ukrainian grain has been funneled landward into Eastern Europe. ” Food Security and Climate Change As devastating as conflict can be on the global agriculture value chain, climate change is poised to wreak even greater havoc.

Global 130

Global Supply Chain Design Software Predictive Analytics Software Supply Chain Software 130

Supply Chain Matters

DECEMBER 13, 2022

This action represents a reported 77 percent premium to the company’s closing stock price on November 22, 2022, the last full trading day prior to media reports involving a potential transaction. Pactum’s machine learning stepped in to analyze routes, propose prices to the best truckers and secure capacity. billion in October 2020.

Supply Chain Design Software 52

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Logistics Viewpoints

APRIL 21, 2023

Xeneta’s data analysis shows that containerized imports from the far east to the US increased substantially from 2017 to 2022. Meanwhile, Europe’s import of goods from China has remained fairly consistent when comparing the first couple months of 2023 to that same period in 2022.

Logistics Network Optimization Software 207

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Enterra Insights

FEBRUARY 25, 2022

Russia is a commodities powerhouse and a key supplier of energy to Europe. ”[3] Ciaran Martin, the founding chief executive of the National Cyber Security Center, the defensive arm of GCHQ, Britain’s signals-intelligence agency, notes, “Ukraine, sadly, has been Russia’s cyber playground for years.”[4]. ”[1].

Ukraine 130

Ukraine Russia Supply Chain Strategy Supply Chain 130

Enterra Insights

AUGUST 29, 2023

Implement a robust security strategy that will make it difficult for even the most determined hacker to gain access to your supply chain networks and data.”[5] Encrypt your data, and prepare a robust security response plan in the event that something does go wrong. Calmer heads have since prevailed and the U.S.

Risk Management 130

Risk Management Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 130

Logistics Bureau

OCTOBER 24, 2022

That achievement, along with other successes, has persuaded decision-makers at Mars to expand the use of digital twins to its factories in China and Europe, focusing on use cases to target cost drivers and support sustainability initiatives. That, he says, is essential to secure balanced arbitration, orientation, and allocation of parts.

Supply Chain Planning Software 52

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Logistics Viewpoints

AUGUST 14, 2023

In April of 2022, British American Tobacco, headquartered in the UK, agreed to pay $508 million in fines for selling their products to North Korea. Global trade compliance does not require the same level of security as product development, so A&D companies are allowed to run at the moderate level of security for trade compliance.

Global 176

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 176

Supply Chain Game Changer

NOVEMBER 29, 2022

In today’s fliting economy, finding secure investment opportunities with a reasonable return on investment is challenging. Therefore, the delivery industry in Europe and places like the US has grown two-fold, and it’s worth a staggering $151.6 billion in 2022, with an additional 4.6% billion in 2022 from $6.88

Company 73

Company Eliminating Excel in Purchasing Food Logistics Network Optimization Software 73

Logistics Viewpoints

DECEMBER 8, 2022

Headquartered in Waterloo, Ontario, Canada, Descartes is a global leader in providing on-demand, SaaS solutions focused on improving the productivity, performance, and security of logistics-intensive businesses. In January 2022, they received an outside investment totaling $420 million.

Rail Software 188

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Enterra Insights

DECEMBER 28, 2023

Most developed economies followed suit, establishing new industrial booms across eastern Europe, South Asia and the Indo-Pacific regions. ” Like Durbha, Luttner suggests that scenario planning should play a vital role in a company’s risk management process. ” Risk & Insurance, 21 April 2022. [2]

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Modeling Scenario Planning 130

Enterra Insights

JANUARY 25, 2024

Data Privacy Day (initially Data Protection Day) was initiated in 2006 by the Council of Europe. This includes being transparent about data collection and usage, ensuring data security, regularly auditing for bias and discrimination, and designing AI systems that adhere to ethical principles.” States are raising the alarm.

Data 130

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Enterra Insights

MAY 18, 2023

Our various challenges — from the security threats in our neighborhood and at home, to the refugee crisis, and to the UK referendum — have not only arrived at the same time. based Collins Dictionary who have anointed it the word of the year for 2022.”[5] The post Are We Entering the Era of the Polycrisis?

Supply Chain Planning Software 130

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Enterra Insights

JULY 25, 2022

” Stefan Spendrup ( @SpendrupStefan ), Vice President of Sales for Northern and Western Europe at SOTI, reports there is another IoT revolution underway in supply operations involving robotics. Although cost remains an issue, the greatest challenge to wider IoT implementation is security. in 2014 to just 4 cents in 2019.”[6].

Internet of things 130

Internet of things Supply Chain Software Supply Chain Optimization Supply Chain Network Software 130

Enterra Insights

NOVEMBER 2, 2023

And the figure was flattered by a low base in 2022, when Shanghai and other cities were locked down. In December 2022, the government announced [a] reassuring ‘consumption-led growth’ [policy] — the centerpiece policy of an ambitious new 12-year economic plan. in the second quarter [2023] compared with a year earlier.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning Modeling 130

Supply Chain Matters

MARCH 28, 2022

The notions of rising geo-political tensions reportedly have now captured the attention of the company’s managing supervisory board That has led to recommendations to “ buttress the company’s fragile international supply chain and step-up investments in core Europe and U.S. markets to dilute the company’s dependence on China.” Bob Ferrari.

Material Savings 59

Material Savings Supply Chain Strategy Sourcing Strategies Cost Reduction Strategies 59

Resilinc

APRIL 19, 2023

Resilinc data shows a 55% jump in alerts about bankruptcies from Q4 2022 to Q1 2023 and a 90% increase in corporate restructuring alerts. Factory disruptions saw a 17% boost QoQ; labor shortages, strikes, falling consumer demand, and energy crises in both Asia and Europe all played a role.

Supply Chain Disruption 62

Supply Chain Disruption Supply Chain Planning Software Supply Chain Planning Data 62

Enterra Insights

APRIL 11, 2023

Similar views are apparent in Europe. 3] Jeongmin Seong, Olivia White, Jonathan Woetzel, Sven Smit, Tiago Devesa, Michael Birshan, and Hamid Samandari, “ Global flows: The ties that bind in an interconnected world ,” McKinsey & Company, 15 November 2022. [4]

Ukraine 130

Ukraine Negotiating Skills Russia China 130

Logistics Viewpoints

OCTOBER 29, 2021

Additionally, Amazon has doubled its shipping container processing capacity by increasing ports of entry and partnered with more ocean freight carriers to secure space in “critical ports.”. Considering the surge in e-commerce, and the company’s plans to increase rates, 2022 could be even better.

Logistics Network Optimization Software 191

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ToolsGroup

OCTOBER 3, 2022

in 2022, with Finance Minister Bruno Le Maire calling the shortage the country’s “second biggest emergency.”. From the United States to Europe, it’s a worldwide challenge for retailers. Consider that: In the United States, in February 2022, the part-time labor shortage increased by 13 percent in a month.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Supply Chain Matters

JULY 11, 2023

and Europe. In a mid-January posting, we alerted our readers to reports that Rivian fell short of its 2022 vehicle production goal and that several top executives had departed the company, including the company’s purchasing head. Gross profit for the prior fiscal year was a reported loss of $3.1 billion as compared to $4.7

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Procurement Analytics Inventory Reduction 52

Freightos

JANUARY 3, 2024

The US has indicated that the naval force will use a defensive strategy to secure the waterway, while the Houthis have threatened to attack US Navy ships if Houthi positions in Yemen are targeted. In 2021 and 2022 an extreme surge in demand for goods that overwhelmed ports was the main culprit of disruptions and spiking rates.

Shipping 303

Shipping Negotiating Skills Asia Yemen 303

SYSPRO Smarter ERP

DECEMBER 15, 2021

The importance of IT and infrastructure security. IT and infrastructure security came out strong. Whether in the cloud or on-premise or both, security of access, data and supplier integrity are paramount with digital transformation – but solid security is also required to create customer’s confidence in deployment of any Business IT.

Manufacturing Procurement 104

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Supply Chain Matters

JANUARY 10, 2023

Business and supply chain focused media reports already point to increased supplier and manufacturing investment in regions such as Mexico, Eastern Europe, India, Vietnam and other regions as responses to added supply network resiliency or agility. A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

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Enterra Insights

JULY 11, 2022

Beijing’s so-called dual circulation plan is a decisive step away from World Trade Organization rules and multilateral agreements orchestrated by technocrats from the US and Europe.”[8] 2] Rana Foroohar, “ The world needs a 12-step programme for better trade ,” Financial Times, 8 May 2022. [3] ” Footnotes. [1]

Global 130

Global Sourcing Strategies Manufacturing Procurement Resource Reduction 130

Supply Chain Matters

JANUARY 6, 2023

percent in 2022 and 9.7 The three largest global economies ( Europe , United States , China ) expected to stall. The value of the US Dollar consistently increasing during 2022 against other global currencies, providing added headwinds to counties and businesses globally in the form of added inflationary cost pressures.

Predictive Analytics Software 98

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Supply Chain Matters

MAY 11, 2023

Some specific key findings from the 2023 survey included: The median income of supply chain management professionals within the United States is $98,570 (base and additional compensation), an increase od 3 percent from that stated in the 2022 survey. Reportedly, salary levels range between $62,962 to $192,000.

Survey 52

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Proxima

SEPTEMBER 21, 2021

A Europe-wide issue of being unable to attract Liquified Natural Gas (LNG) from the Middle East and the US (mainly driven by high Asian LNG prices driving what spare LNG there is to the East) has seen dwindling opportunities to flow gas throughout the Summer. The EU recently agreed to uphold economic sanctions until 2022.

Price Reduction 52

Price Reduction Waste Reduction Cost Reduction Strategies Europe 52

Logistics Viewpoints

JANUARY 13, 2022

As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. All in all, several of the trends that have been at play will be accelerated during 2022 and beyond.

Supply Chain Design Software 236

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 236

Supply Chain Matters

NOVEMBER 7, 2023

In a Supply Chain Matters blog commentary published as far back as March of 2015 , we addressed efforts directed at introducing ever larger mega container ships, multi-carrier capacity agreements, outsourcing of certain services and increased transit times and tariff rates compound themselves to secure rate advantages.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59