This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Descartes Announces Fiscal 2026 First Quarter Financial Results WATERLOO, Ontario and ATLANTA, Georgia, June 4, 2025 (GLOBE NEWSWIRE) – The Descartes Systems Group Inc. TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2026 first quarter ( Q1FY26 ). Ryan, Descartes' CEO.
The FLR adopts the International Labor Organizations definition of forced labor and mandates the European Commission to issue guidelines by June 2026 to aid compliance. They will handle providing accurate data across their operations, including product sourcing, procurement, and transactions, to name just a few.
food supply by the end of 2026. From raw material sourcing to logistics and regulatory compliance, stakeholders across the value chain will need to prepare for structural adjustments. Sourcing and Ingredient Availability A central impact of this policy is the need to replace synthetic colorants with natural alternatives.
It adopts the International Labor Organizations definition of forced labor and mandates the European Commission to release compliance guidelines by June 2026. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. from Canada and Mexico.
The COVID-19 pandemic and ongoing geopolitical shifts demonstrated the risks of relying on single-source suppliers and minimal inventory buffers. The company aims to automate 65 percent of its stores by 2026, with over half of fulfillment center operations already automated. Resilience is now taking precedence.
We’re talking about solving for the entirety of the procurement lifecycle from strategic sourcing through execution and analysis. The future belongs to connected platforms that can bring together disparate data sources and processes into a coherent whole.
Gartner predicts that by 2026, 95% of data-driven decisions will be at least partially automated. Layer on more sophisticated machine learning capabilities that incorporate external data sources for a more real-world understanding of demand patterns and supply chain dynamics. Yet, many companies struggle to harness AIs full potential.
Image source: Cape Analytics. between 2021 and 2026.The Image Source: Nola. Image Source: USA Today. Image source: CNBC. Image source: Meme Generator. Image source: Cheezburger. Back in 2020, the world’s chlorine market was valued at around 99 million tons. The result? Demand for chlorine skyrocketed.
The order from DSV also included 500 trucks with fossil fuel drivelines, Volvo said, adding that all trucks are planned to be delivered between now and 2026. The EU was China’s second-largest source of dairy products with at least 36% of the total value of imports in 2023, behind only New Zealand, according to Chinese customs data.
For example, once the permanent CBAM system enters into force on 1 January 2026, importers will need to declare annually the number of goods imported into the EU in the preceding year and their embedded GHG emissions. Across the globe, requirements for stricter reporting on complex metrics are increasing.
With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. In fact, it’s expected that more than 90% of IoT platforms will utilize some aspect of digital twins by 2026. Big, clunky, siloed, and out-of-date data. Think about these supply chain networks for a moment.
Gartner predicts, “The digital twin market will cross the chasm in 2026 to reach $183 billion in revenue by 2031.” Digital twins are linked to real data sources from the environment, which means that the twin updates in real time to reflect the original version. ”[1] The concept certainly hasn’t gone unnoticed.
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). Sources General source: [link] [link] [link] [link]
The APAC automated storage and retrieval systems (ASRS) market is forecast to grow at a CAGR of about 10% between 2021 and 2026. Meanwhile, Automated Guided Vehicles optimize and automate material flow, from picking source pallets off conveyors and sending them to pickers for order consolidation — all while minimizing the risk of human error.
Autonomous supply chains can also help businesses by enabling new business models, such as direct-to-consumer, subscription-based, and circular, and creating new sources of revenue and competitive advantage. As it relates to navigation, some vessels already have autonomous navigation-related systems on board.
Amid a continuing component supply shortfall involving commercial aircraft global supply networks a report indicates that India has become a more attractive source of components. During 2025, and likely extending into 2026, this industry will continue to be challenged by supply chain network related demand and supply imbalance concerns.
Brian Grass - Chief Financial Officer We also began dual sourcing more of our production and are now intensifying those efforts even further. We began to build out our internal Southeast Asia sourcing capabilities to accelerate supplier transitions out of China and in many cases dual source our production. Christopher J.
The retailer plans to have at least 15 of the facilities, dubbed sortation centers, by the end of January 2026. Asda said it is experiencing “sourcing challenges” on some products that are grown in southern Spain and north Africa. It already has opened nine, after testing the concept in its hometown of Minneapolis.
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.
28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times. Over 90% of the United States’ semiconductor-grade neon is sourced from Ukraine. Image source: Bloomberg.
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.
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 supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution.
Brent Kirby – President Given the uncertainties surrounding current trade deliberations, we would not anticipate significant country of origin changes in our sourcing in the near term. As we think about our moves from the 50%, we said back in February we were on a path to move to under 40% by 2026. We are speeding that up.
I will soon be publishing the 2021 base-year study with a five-year forecast through 2026. Fortna’s framework includes consulting, design, planning, sourcing, implementation, and lifecycle services. The company sources subsystem mechatronics from numerous manufacturers, depending upon client needs. Lee Partners.
They include areas of supply chain planning, sourcing and procurement, customer fulfillment, logistics, transportation and other application areas. Scaling Back of Market Expectations Late last month, quantitative IT market industry analyst firm Gartner released a report of expected IT spending increases in 2025.
We’re talking about solving for the entirety of the procurement lifecycle from strategic sourcing through execution and analysis. The future belongs to connected platforms that can bring together disparate data sources and processes into a coherent whole.
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. During that period, the vast majority of our supplier partners developed diversified sourcing strategies across several countries, including the United States.
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.
Reliance on China for Rare Earths Wal-Mart Brings Price War to Groceries, Boosting Pressure on Big Food Retailers Bloomberg Toyota, Daimler Finalize Plan to Merge Truck Units in 2026 More from this author Subscribe to our Daily Newsletter! Timely, incisive articles delivered directly to your inbox.
Almost all governments are looking to onboard CTCs, with most of Europe being covered by 2026. As a longstanding contributor in the ever-evolving sourcing industry—from early OCR—to the establishment of eInvoicing Networks, Stephen now applies his extensive tech experience to Ivalua’s unified Procurement platform.
Chief Financial Officer John Dietrich specifically indicated: I think its reasonable to assume that the macro environment is not going to significantly improve at least through the first half of fiscal 2026. Dietrich further indicated that weakness from industrial customers was a further consideration.
Meets Battery Mineral Sourcing Requirements. The percentage of localized mineral sourcing starts at 40% in 2023 and rises by 10% each year, reaching 80% after 2026. The percentage of localized mineral sourcing starts at 40% in 2023 and rises by 10% each year, reaching 80% after 2026.
First up was UPS’ plan to reduce Amazon volumes 50% by the second half of 2026. Both providers offer tech platforms to manage crowd-sourced last-mile deliveries. Rethinking supply chains is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
See the simple form from Hopper below: Source: Steve Hopper The seven ways included steps such as turning supervisors into true coaches, recognizing and rewarding performance, effective use of huddles, encouraging employee suggestions, doing frequent “gemba” walks and a few others. I will be back to WERC in 2026.
FedEx CEO and President Raj Subramaniam emphasized the critical importance of meeting consumer expectations anytime, anywhere, as the landscape of online retail sales is projected to reach an astounding $8 trillion annually by 2026.
Although every part of a parcel’s journey from source to recipient has experienced increased congestion in the past few years, last-mile logistics suffers the most. In early 2020, online shopping increased 74% and projections point to the surge continuing up to 200 billion packages annually by 2026.
The GDP growth forecast for 2026 has been reduced from 2.7 The firms annual real GDP growth forecast for this year has been lowered from nearly 3 percent in October 2024 to 2.2 percent in the latest update. percent to 2.4
1] Electric vehicle driven demand for lithium-ion battery raw materials such as cobalt and copper is expected to increase 10x by 2026. [2]. Image source: “Electric Vehicle Outlook 2018 | Bloomberg New Energy Finance.” 3] The search for more raw materials has led suppliers to source irresponsibly from unstable emerging markets.
Companies are sourcing ingredients and components from different sources, have new logistics and supply partners, and are likely even serving a different end customer with new ideas about how they like to shop and what matters most to them.
This evaluation also needs to consider sourcing the technology, implementation and support services necessary to enable the desired outcomes. This becomes increasingly important when we look at the overall digitalization trend, with factory data expected to grow by 400% from 2021 to 2025 (source IDC Manufacturing Insights).
EUDR first comes into force on 30 December 2025 for large and medium companies and on 30 June 2026 for micro and small enterprises, requiring companies to demonstrate deforestation-free sourcing for their products. (See Figure 1) Figure 1 What does EUDR entail? Learn more about supplier traceability What is procurements role in EUDR?
These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern. billion by 2026. For example, during the COVID-19 pandemic, many companies faced unprecedented challenges in sourcing raw materials and delivering products to customers.
Companies can leverage social media to obtain consumer behavior analytics while also monitoring the industry, news and other sources that can indicate potential supply chain disruptions like the passing of a new regulation.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content