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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. A data-driven, technology-enabled approach is required to build resilience and efficiency.
Home No More Black Swans: The Age of SupplyChain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. The Problem with Fragmented Solutions The logistics technology space is undeniably crowded.
Three major trends are driving growth in this industry whichcan be attributed to regulatory pressures such as the Uyghur Forced Labor Protection Act, advancements in AI, and supplychain innovations. By 2027, when both the UFLPA and FLR are fully operational, the global supplychain landscape will have transformed significantly.
While demand is high, ongoing product shortages continue to cause supplychain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations. If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges.
This added responsibility for companies will have lasting effects on business operations, corporate partnerships, supplychain logistics, compliance requirements, and data integrity. If the resources and software are applicable, automate as much of your data collection as possible.
The Ferrari Consulting and Research Group through its affiliated SupplyChain Matters blog provides perspectives and self-rating observations regarding our January 2024 published Research Advisory- 2024 Predictions for Industry Global SupplyChains. Labor activism in the form of labor contract negotiations among U.S.
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 supplychaintechnology or industry services providers. WiseTech Announces $2.1 GAAP profitability loss was $268.5
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.
Home No More Black Swans: The Age of SupplyChain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. Everything should be expected and planned for.
Shipsta’s expertise, built on deep industry knowledge and outstanding technology, has transformed freight tendering for importers and exporters, making Shipsta the perfect complement to our platform. We estimate that tenders account for some 50%-70% of freight procured, at the lower end for air, at the higher end for ocean.
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. About Ivalua. Global Media Contact.
The company saved 700 man-hours annually on admin and increases its share of certified suppliers by 20% Madrid, 13th May 2025 JAGGAER bolsters the digitalisation of procurement processes at Cosentino, a Spanish family-owned company with an international presence and a world leader in the production of surfaces for architecture and design.
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.
Other users of the information will be retailers and their supplychains, as well as government authorities seeking to uphold export regulations, according to Megan Brewster, vice president of advanced technology with Impinj , a manufacturer of radio frequency identification devices.
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.
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. Explore how JAGGAER helps procurement teams stay ahead of regulatory pressure with end-to-end transparency. So, a low threshold.
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.
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. A year later, the retailer added drone deliveries to its app for DFW customers.
The construction supplychain is complex. To adapt, construction and building materials companies are getting strategic and implementing new technologies to ensure a strong supplychain. Central to the construction supplychain is inventory management. billion in 2023 to $ 1,867.16
Small companies may also lack the resources to create a dedicated procurement team for proper sourcing and supplier vetting. Learn how they work, their benefits and limitations, and how they fit in with procurementsoftware. How can procurementsoftware help companies drive more value from GPOs?
For instance, Gartner predicts that by 2026, more than 80% of enterprises will have tested or implemented GenAI tools, a considerable leap from under 5% in 2023. With three stages focused on strategy, transformation, and technology, the conference brought together a community focused on turning innovation into execution.
E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? Almost all governments are looking to onboard CTCs, with most of Europe being covered by 2026.
Parents got notifications that school was cancelled, employees got notice to stay home, the world started buying most of their goods online, and the global supplychain did a collective * gulp. Prior to heading into carrier evaluation & negotiations, make sure multi-carrier parcel shipping software is a line item in your budget.
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.
With David we discussed: An alternative approach to digital transformation Digital Darwinism and evolution within supplychains Adoption challenges and future of Procurement. Digital Darwinism and evolution within supplychains. Adoption challenges and future of Procurement. trillion today.
ERP software offers real-time visibility into the organization. From tools used on the shop floor to production components stored in warehouses to million-dollar, heavy-duty machinery, ERP helps you manage and maintain resources across all departments. Why ERP software is better for reporting, tracking, and managing resources.
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). For OEMs , the aggressive timeline for adopting new technologies and adjusting production plans remains the same.
To unravel the story behind this growth and its complexities, Albert Koto, Head of Mitra supplychain at Bukalapak, one of the biggest e-commerce businesses in Indonesia, got in conversation with Malay Shah, Senior Vice President of India, Middle East, Rest of the World, and Southeast Asia operations in this Locus’ In-Focus webinar series. .
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.
trillion by 2026, registering a growth rate of 8% during the period (2021-2026). For any business, logistics plays a pivotal role in supplychain management and an efficient logistics management can contribute to achieving customer satisfaction without compromising the delivery cost and time. 3PL procurement.
A proper capacity planning strategy helps you make critical decisions that affect the profitability of your company over time and helps you reduce supplychain costs and stay competitive in the market. Efficiency – Efficiency in the supplychain is not utilization. Real-time supplychain management.
A proper capacity planning strategy helps you make critical decisions that affect the profitability of your company over time and helps you reduce supplychain costs and stay competitive in the market. Efficiency – Efficiency in the supplychain is not utilization. Real-time supplychain management .
Provenance has partnered with the Swedish Agency for Growth Policy Analysis Agency (Growth Analysis) , to explore how blockchain technology can help to valorise sustainable practices in the Rare Earth Elements mining sector. Interested in understanding how supplychain transparency could benefit your business? The result?
As noted in a prior SupplyChain Matters semiconductor supplychain commentary, The Wall Street Journal had previously reported that Samsung Electronics would be doubling its planned U.S. Reportedly, Samsung is planning to have the two fabrication facilities to be operational in 2026 and 2027. According to the U.S.
SupplyChain Matters highlights the announcement from Airbus setting aggressive aircraft production and delivery targets for 2024. The European plane maker further indicated that plans are established to reach its highest ever monthly production rates in 2026. All rights reserved.
In the evolving landscape of automotive regulation, the Environmental Protection Agency (EPA) is at a crossroads, with significant speculation about adjusting its vehicle emission targets for 2026 and beyond. By 2032, the target intensifies to 82 grams per mile (equivalent to 108 mpg), underpinning a bold vision for a 67% BEV market share.
We expect the supplychain to remain challenging as we progress on the production ramp-up. The European producer further reiterated that future monthly production plans for the Airbus A320 aircraft family is progressing well towards the previously announced rate of 75 aircraft per month in 2026.
Once more, current longer term industry trends imply a period of excess global container vessel ship capacity by 2026. retailers have been pulling forward their 2024 holiday fulfillment inventory needs as a hedge toward deepening global supplychain disruptions, geopolitical developments and rising freight rates.
Firms are not only required to provide accurate carbon emissions data and rethink supplier engagement but also to contend with the potential financial and supplychain roadblocks from noncompliance and higher costs. Stage 2: Pilot Implementation Starting January 2026, companies must purchase pilot product import permits.
SupplyChain Matters updates readers on breaking news related to commercial aircraft engine producer Pratt & Whitney’s GTF aircraft engine flaws that are subject to added inspections and repairs. Newest and More Concerning Development Raytheon Technologies (RTX Corp.), Repair and remount. All rights reserved.
Our published SupplyChain Matters commentary highlighting this milestone dwelled on the industry and global supplychain implications of this development. In addition to SupplyChain Matters, we reference a perspective recently published by Bloomberg : Airbus, Boeing Won the Orders, Now They Have to Build the Planes.
The report cites ( Paid subscription ) Serious Fraud Office Director Nick Ephgrave as indicating: “ This investigation deals with very serious allegations of fraud involving the supply of aircraft parts, the consequences of which are potentially far reaching.” All rights reserved.
With evolving business models, changes in customer expectations, to technology advancements, the transportation and logistics sectors remain in the spotlight. Trillion by 2026 according to IMARC Group and the overall total U.S. Steve works closely with leading manufacturers, retailers, logistics service providers, and technology firms.
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