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food supply by the end of 2026. However, the scope and timeline of the initiative carry clear implications for the food and beverage supplychain. From raw material sourcing to logistics and regulatory compliance, stakeholders across the value chain will need to prepare for structural adjustments.
Why Transformation Is a Boardroom Priority Supplychain management is now a core strategic concern for business leaders. Companies that fail to modernize face supply shortages, revenue loss, and regulatory risks. The Shift from Cost-Cutting to Resilience For years, supplychains prioritized cost reduction over resilience.
Gartner predicts, “The digital twin market will cross the chasm in 2026 to reach $183 billion in revenue by 2031.” ”[2] Company executives now understand that being able to test scenarios and strategies that can help them successfully navigate todays volatile supplychain landscape is crucial.
But here, we’ll be talking about supplychain digital twins. A supplychain digital twin is a complete model of your supplychain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand. Get the insights you need.
According to a global survey of over 5,000 international firms , companies are reeling from rising costs generated from tariffs to open 2025, with the overwhelming majority expecting upward pricing pressure to increase, leading to a reconsideration of supplychain strategy.
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. Covid-19 had its fair share of global supplychain victims , and chlorine is no exception. Image source: Cape Analytics. between 2021 and 2026.The The result?
This added responsibility for companies will have lasting effects on business operations, corporate partnerships, supplychain logistics, compliance requirements, and data integrity. Finding this data may reveal that double the work is being completed to source information that already exists in other branches.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supplychain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution. Learn more at www.ivalua.com.
The APAC automated storage and retrieval systems (ASRS) market is forecast to grow at a CAGR of about 10% between 2021 and 2026. With F&B, pharmaceutical and eCommerce booming, cold chain operators and logistics service providers need to evolve their warehouses to support a strong, undisrupted supplychain.
SupplyChain Matters features our latest full edition of This Week in SupplyChain Management Tech , a compilation of funding, partnership and other noteworthy announcements related to supplychain technology or industry services providers. million in total revenues, a decline of 4.8 percent growth rate.
Also, warehouse automation excludes similar systems such as airport baggage handling, manufacturing-line automation, and manually driven forklifts. I will soon be publishing the 2021 base-year study with a five-year forecast through 2026. KION is a publicly-traded company and reports on the SupplyChain Solutions (SCS) segment.
The regulation is designed to provide European consumers with extensive data about the provenance of the items they purchase, all the way back to the sourcing of raw materials. Under “intermediate” products, the first sectors to be impacted are iron and steel in 2026, and aluminum in 2027.
Rethinking supplychains is a reader-supported publication. 🙏 Retailers Tractor Supply Q1 ending March 29. Reported April 24 Over 60% of our business is from products that are manufactured, bagged, assembled or grown in the United States and only 12% of our business is direct imports. comes from China.
European organizations are managing multiple prioritiessustainability, digital infrastructure, circularity, reducing reliance on lithium and fossil fuels, expanding green technology, and meeting the European Unions (EU) 2026 recent regulation, digital product passport (DPP).
Megatrends (Possibly) Shaping SupplyChain Trends: Technology. This evaluation also needs to consider sourcing the technology, implementation and support services necessary to enable the desired outcomes. This article highlights five technology developments shaping the future supplychain. Hyper-connectivity. .
Today, the choice for CPG manufacturers and supplychains is clear: future-proof with digital manufacturing technologies that can meet the customer where they are or be left behind. many businesses are left with a supplychain and manufacturing ecosystem that looks – and functions – a lot different than it used to.
Prior to the pandemic, efficiency was the primary focus of most supplychain operations. I’m not implying that efficiency no longer matters — it obviously does — but a disrupted supplychain can’t be efficient. Severe disruptions during the pandemic changed that focus to resiliency. Here’s the rub.
issued similar statements on June 10, saying their payment plans are aimed at promoting efficient capital flows across supplychains in the automotive industry. Supplychain financing is common in the auto industry. At least three carmakers, including Dongfeng Motor Group Co., Guangzhou Automobile Group Co.
Commercial aircraft designer and producer Airbus announced its commercial aircraft divisions and associated supplychainsupply networks aircraft delivery goal for 2025. For the A220 aircraft family, the company continues to target a monthly production rate of 14 aircraft by 2026. All rights reserved.
Rethinking supplychains is a reader-supported publication. Having said that, it doesn't, the diversification adds to the complexity, because we've got trade partners around the world and while they might not be tariff impacted, it just adds to the complexity of how all of our geographies interact with their manufacturing base.
Most manufacturing companies must rely on many supplychain partners to design and deliver products to their customers under budget and ahead of schedule. billion in 2018, with estimated expansion at a CAGR of 7% through 2026, according to Grand View Research. Eliminating Confusion With Suppliers.
Rethinking supplychains is a reader-supported publication. Reported May 20 Let me take a moment to comment on our global sourcing strategy. Today, more than 50% of our purchases are sourced in the United States. As a result, we now have tremendous sourcing flexibility. A busy week in retail earnings!
As part of its partnership with drone company Wing, the retail giant intends to bring drone deliveries to Houston, Tampa, Orlando, Atlanta and Charlotte by June of 2026, and will expand existing services in the Dallas-Fort Worth region. Timely, incisive articles delivered directly to your inbox.
Watch our on-demand webinar to discover how procurement can lead the way in ESG and decarbonization, and learn from experts about driving sustainability transformation across your supplychain. Like the German SupplyChain Due Diligence Act that preceded it, CSDDD establishes a corporate due diligence duty.
The construction supplychain is complex. With rising material costs, controlling costs and ensuring efficiency have never been more critical for manufacturers and distributors. To adapt, construction and building materials companies are getting strategic and implementing new technologies to ensure a strong supplychain.
This new tax credit could help to drive EV prices down, increase EV adoption, and give automakers the demand they need to transition to a BEV-heavy vehicle lineup—but that’s only if they can quickly regionalize their supplychains to meet the new “manufactured in North America” clause. How Does the Clean Vehicle Tax Credit Work?
The Ferrari Consulting and Research Group via its SupplyChain Matters blog revisits assumptions included in 2025 predictions and how they are changing with ongoing developments. Global Trade Forecasts Global trade forecasts serve as a barometer for global supplychain activity levels. percent in the latest update.
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supplychain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. Increased near-shoring in Mexico and elsewhere as companies seek shorter supplychains.
In 2024, the logistics and supplychain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supplychain improvements, with 52% believing they could enhance their operations.
Christian Heinrich, Co-Founder and Managing Director, c arbmee The 80% Challenge I was recently delighted to participate in a JAGGAER live webinar focused on the introduction, in recent years, of carbon emissions measurement as a factor in strategic sourcing. CBAM takes effect in 2026, with reporting already required from 2023.
In 2020, the global SupplyChain Management market was valued at $15.85 And is expected to double by 2026. Suppliers are placed at the supplychain's beginning and provide goods or services to the companies for further processing. The vendor, however, is at the other end of the supplychain.
This deliberation highlights the acute pressure original equipment manufacturers (OEMs) face in meeting near-term objectives, particularly those for 2026, deemed pivotal in the transition towards battery electric vehicles (BEVs). manufacturing prowess and reduce dependency on foreign components, particularly those sourced from China.
If you drive a car from Volkswagen-Audi, Honda, Ford, General Motors, Mercedes-Benz, Toyota, Tesla, Renault, NIO, or Stellantis—the parts in your car have a high risk of being sourced from companies linked to abuses in the Xinjiang Uygur Autonomous Region (XUAR) of China; the region targeted by the Uyghur Forced Labor Prevention Act, (UFLPA).
The global pandemic has brought significant changes in the manufacturing industry. To grow, small manufacturers need to rethink their production processes and consider digital solutions. Many small-scale manufacturers are ready to go digital but investing in a new ERP system raises some concerns for them. from 2019 to 2026.
Supplychain optimization and attracting talent will continue to be top-of-mind for manufacturers. Artificial intelligence (AI) is most likely to transform the manufacturing sector. Manufacturing has changed dramatically in recent years. companies expect the supplychain to remain challenging into 2023.
SupplyChain Matters provides our latest news capsule follow-up relative to updating readers to prior supplychain management developments that we have shared on this blog. This update provides added developments related to aircraft manufacturer Boeing, and to current U.S. PPI levels. points for January 2022.
What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. What is Manufacturing Operations Management Software? from 2019 to 2026.
What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. What is Manufacturing Operations Management Software? from 2019 to 2026.
What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. What is Manufacturing Operations Management Software? from 2019 to 2026.
Here, we’ll discuss how it becomes useful for SCMs and what are some blockchain supplychain examples. Understanding SupplyChain The production industry uses a variety of procedures to serve its consumers through the market; all these activities can be covered under one umbrella term: supplychain.
What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. What is Manufacturing Operations Management Software? from 2019 to 2026.
Last week’s announced recall of in-service Pratt & Whitney’s Geared Turbofan (GTF) engines is likely to have yet another impact for commercial aircraft industry supplychain efforts to ramp-up monthly production. Last week Airbus again reiterated for investors the targeting of A320 family production levels of 50 per month by 2026.
SupplyChain Matters highlights reports indicating that Europe based Airbus will double China based aircraft final assembly output by 2024. The Announcement Commercial aircraft designer and manufacturer Airbus announced plans t o double the production of the company’s final assembly production capabilities within China.
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