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I laugh when business leaders tell me that they are going to replace their current supplychain planning technologies with “AI.” Each supplychain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions. The reason?
The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supplychains. auto parts are sourced from Mexico, making the tariff impact immediate and severe. Approximately 40% of U.S. More than 50% of U.S.
Trade policies are constantly evolving, forcing companies to assess how these changes impact customer demand, supply networks, fulfillment strategies, and cost to serve. Supplychains need to be more agile than ever, yet much of the advice circulating in the industry remains high-level or less than ideal.
Global supplychains have been tested repeatedly by a series of disruptive events, including the COVID-19 pandemic, U.S.-China Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. China trade disputes, and natural disasters.
Kristina is the Director of Operations at Bettaway, a privately held, family-owned SupplyChain Services company headquartered in South Plainfield, New Jersey. Kristina and the Bettaway team are big supporters of Wreaths Across America. Kristina is a passionate philanthropist and channels her influence into causes that matter.
” Dragons are a good analogy for the risks faced by supplychains. No one can say for sure what dragons lie ahead in 2025 for supplychains, but some risks are known. Navigating this years looming risks to build a secure supply network has never been more critical.[1] ”[3] Climate Change.
DAT operates the largest truckload freight marketplace in North America. During his tenure in the industry, he built innovative pricing and forecasting models, leveraging internal and external data sources to improve internal decision-making and increase profitability. Ken is the Chief of Analytics at DAT Freight & Analytics.
Authoritative Source for Industry News: Transport Topics has been a leading news source for the trucking and freight transportation industry since 1935, providing essential information for decision-making across the logistics and supplychain sectors.
Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supplychain resilience. Background The Council of SupplyChain Resilience met for the first time this month. What is supplychain resilience? The reason?
The COVID-19 pandemic has exposed many risks and uncertainties in supplychain networks. Current Technologies in Use for SupplyChain Network Design . Another use case we see for scenario modeling in the current context is evaluating new sourcing locations. Read on for common use cases. .
Belcorp’s Maturity in SupplyChain Design. Belcorp Corporation has actively worked to be a leader in ensuring that their people can effectively use a complex type of software known as supplychain design. It requires a company to further leverage the supplychain design philosophy.
My recent conversations with the supplychain practitioners are dominated by supplychain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Let us dive deeper into how supplychains are getting disrupted. Europe relies on Russia for around 35% of its natural gas.
In February 2023 I wrote the article What Does 2023 Have In-Store for Global SupplyChains? It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supplychain and logistics executives. Meanwhile, labor constraints are as binding as ever.
There are numerous indications that supplychain is more critical than ever. Results from The Conference Board’s C-SUITE OUTLOOK survey showed supplychain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs. More to come!
Erika is Vice President of Information Security at DAT Freight & Analytics, the largest truckload freight marketplace in North America. Recognized as a leader in her field, Erika has been honored with the CISO’s Top 100 Accelerated CISOs Award (A100) and the 2024 Women in SupplyChain Award in the DEI Pioneer category.
The SupplyChain Renaissance Has Begun! End-to-End SupplyChain Software Enables COOs to Manage an Organization vs. Silos Until recently, point solutions were the go-to tools for organizations. Today’s supplychain systems have gotten really good at identifying and sensing risk before they happen.
I recently read a thought-provoking report with several predictions about the future of supplychain technology. Supplychain networks: A big-picture view. But carriers are only one component of a complete supplychain network. Numbers matter when it comes to supplychain data networks.
Businesses around the world are learning to adapt as best they can to the COVID-19 supplychain impact. Unpredictable consumer behavior in response to macro events creates demand volatility in every link of global supplychains. Nicaragua has placed lower restrictions. Decisions were made within 24 hours.
Autonomous SupplyChains In this competitive environment, a CPG manufacturer needs to fight to get space on retailer shelves in each region, keep those shelves stocked, compete and collaborate simultaneously with e-commerce, and maintain its operating margins. each with discrete plans generated typically in sequential batch runs.
Supplychain resilience is a hot topic the last few years since post-Covid issues and newsworthy incidents like the Houthi attacks in the red sea have raised awareness. The bridge collapse is a stark reminder of the vulnerability of the nation’s aging infrastructure and the importance of supplychain resilience.
I feel that topic of supplychain management is analogous to the downward cycle of the news channels. What Drives SupplyChain Excellence? I analyze supplychain management. The broader the definition of end-to-end strategy and the alignment of supplychain processes drives value.
In late 2023, Descartes conducted a survey of 1,000 supplychain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The study also provided insight into what companies are doing to address it.
To call todays supplychain environment high pressure feels like the understatement of 2025. As pressures mount, the last thing chief supplychain officers (CSCOs) need is a weak spot along the chain. Alan works 24/7 across all channels, reducing scheduler workloads and providing a single source of truth.
Anytime you have a chance to talk to an executive vice president in charge of the global supplychain of a nearly $12 billion corporation, you know you will learn some things. Cameron Bailey, EVP of Global SupplyChain at VF Corporation, did not disappoint. Achieving Agility with Regional SupplyChains.
How Global SupplyChains, Strategic Rivals, and Quality Breakdowns Threaten U.S. manufacturing, addressing supplychain dependencies on China, and enhancing national security through biotechnology leadership. pharmaceutical supplychain vulnerabilities.
Consequently, everyone asserts they are utilizing AI, and those in the supplychain world are no exception. How will it address “the world hunger problem” in supplychains, particularly in the context of supplychain planning? AI effectively facilitates continuous improvement in supplychains!
For a few years now, supplychain professionals and pundits have been speculating on what the so-called “new normal” will look like. Closer to home for supplychain professionals, driver shortages continue to plague the industry.
According to the Federal Reserve Bank of New York , nearly three years after Covid-19 was declared a pandemic, supplychains are back to normal. Actually, when looking a bit closer at the numbers, supply pressures actually fell below normal. In October of 2019, I wrote about the food supplychain being at risk.
Many of the world’s largest companies have committed to reaching net zero by 2050, triggering a ripple effect throughout global supplychains. For most CPG brands, indirect emissions — those that occur across the supplychain — represent the majority of their carbon footprint. Retailers are following suit. In the U.S.,
TSX: KXS) an end-to-end supplychain orchestration, today announced a new partnership that will deliver improved alignment of supplychain plans with business objectives and strategies for midmarket discrete manufacturing companies.
Michael Jacobs, Senior Vice President SupplyChain, Ferguson. Mr. Jacobs is the senior vice president for supplychain at Ferguson. While nominally a distributor, “supplychain management is our core competency. In particular, Ferguson’s supplychain is built for speed and to provide high service levels.
Key Takeaways from the White Houses America First Investment Policy Memo Client Alert february 24, 2025 Table of Contents The White Houses America First Investment Policy memorandum (dated Feb. efforts to reduce reliance on China and other geopolitical competitors for critical supplychain inputs.
There have been massive supplychain disruptions since the pandemic began. While conditions have eased in North America, port congestion has gotten much worse in China. China’s stringent COVID lockdown in critical port cities has impacted global supplychains. Happag-Lloyd will track all their container shipments.
Joe Lynch and Steve Elwell discuss 3 emerging supplychain trends. Key Takeaways: 3 Emerging SupplyChain Trends. In this podcast, Joe and Steve discuss 3 emerging supplychain trends. Trend #1: China represent a higher supplychain risk. Trend #1: China represent a higher supplychain risk.
America weekly prices fell 1% to $5.27/kg. America weekly prices increased 2% to $1.86/kg. Join 60,000+ supplychain experts who never miss an issue! Asia-Mediterranean prices (FBX13 Weekly) increased 32% to $4,285/FEU. Air rates – Freightos Air index China – N. China – N. Europe – N.
For more than a year, global supplychains have been buffeted by one major disruption after another. Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. The impact?
Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supplychain analytics, carrier management, and transportation procurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. Ryan Soskin and Joe Lynch discuss insight to action.
Companies implementing supplychain planning (SCP) have traditionally been very big companies or companies with complex supplychains. Supplychain planning is not just for the big boys. In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated SupplyChain.
In the last six months, in my travels, I have presented to supplychain teams in China, Belgium, France, Germany, Peru, Mexico, Netherlands, South Africa, Singapore, and the United Kingdom. I strongly feel that if I am going to cover the global supplychain that I need to experience it. A Personal Reflection.
Michael Jacobs, Senior Vice President of SupplyChain at Ferguson PLC In 2022, I wrote an article called The Best SupplyChain Company You Have Never Heard Of. Ferguson has an extensive and complex supplychain. The company sources goods from 36,000 suppliers out of 30 nations.
Paul is the Founder and Chief Strategy Officer of Verusen , a supplychain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. The result is a foundation that organizations can trust to fuel digital transformation and support supplychain maturity initiatives.
Mars has been on a journey to transform their digital supplychain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supplychain transformation. Mars’s Digital Transformation Mr. Beery started by asking, “what does a digital supplychain mean for us?”
Over his 30+ year career in the supplychain, Richard has worked with manufacturers around the world in operations, supplychain, and lean strategy roles to develop systems that can manage complex supplychains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).
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