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The industry’s supply chain continues to feel the effects of trade policies that have reshaped sourcing economics. Recent tariff hikes on active pharmaceutical ingredients (APIs), medical devices and certain raw materials — particularly those sourced from China—are creating cost pressures and altering sourcing strategies.
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.
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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.
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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 supply chain. Watch our on-demand webinar to learn how to overcome data collection and transparency challenges in sustainability compliance.
When duties render traditional sourcing unprofitable, companies must reconfigure supplier networks, often under tight timelines. The company reportedly plans to shift 15% to 20% of its production to India and Vietnam by 2026, reducing exposure to U.S.China tariffs. Beyond the U.S., Tariffs also destabilize supply chain operations.
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the secretary of the Department of Health and Human Services, said he had reached “an understanding” with food manufacturers to remove commonly used artificial food dyes from their products by 2026. Kennedy Jr., The Times said Kraft Heinz is the first major food company to officially announce plans to do so.
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. Learn more with our On-Demand Webinar: The Launch of Inventory Hub and Real-Time Retail.
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.
Small companies may also lack the resources to create a dedicated procurement team for proper sourcing and supplier vetting. Let’s explore what motivates companies to choose the group purchasing method of sourcing. billion over 2017-2026. billion over 2017-2026. But are GPOs a good fit for everyone?
Our recent webinar, Effortless Compliance: Streamlining CBAM Regulation for Your Organization , offers helpful insights on compliance. More requirements and tariffs are part of the next two phases of CBAM , starting in 2026. Those without a robust data structure to draw from will need to make good-faith estimates. Nonetheless, U.S.
Supply challenges arising from the war will hit many industries, with electronics being a prime example, since Russia and Ukraine are both sources of materials such as palladium and neon , vital for the manufacture of semiconductors. From Fuel to Fertiliser, Supply Shortages Start to Bite. Grain From Ukraine: Will it Start Moving at Last?
See below slide from one of my webinars. A Gartner report suggests that by 2026, over 65% of short-term decisions within supply chain planning will be automated or autonomous. I was a planner once. Observing the state of the average planning job today saddens me. We have an opportunity to change that.
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