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
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
Sudden tariff increases can quickly make a cost-optimized procurement strategy untenable, leaving companies scrambling to adjust. Procurement is another area seeing change. Metrics must reflect the new priorities. Second, many supply chains still lack visibility beyond Tier-1 suppliers. Cultural alignment is just as important.
Advertise Contact Us Supplier Directory SCB YouTube About Us Login Subscribe Logout My Profile LOGISTICS Air Cargo All Logistics Facility Location Planning Freight Forwarding/Customs Brokerage Global Gateways Global Logistics Last Mile Delivery Logistics Outsourcing LTL/Truckload Services Ocean Transportation Parcel & Express Rail & Intermodal (..)
Advertise Contact Us Supplier Directory SCB YouTube About Us Login Subscribe Logout My Profile LOGISTICS Air Cargo All Logistics Facility Location Planning Freight Forwarding/Customs Brokerage Global Gateways Global Logistics Last Mile Delivery Logistics Outsourcing LTL/Truckload Services Ocean Transportation Parcel & Express Rail & Intermodal (..)
Imagine an AI agent that notices a port delay in Asia. The connected ecosystem of composition agents works across fulfillment, procurement, planning, and logistics. At the same time, higher levels of business creativity, productivity, and resilience are unlocked. The true breakthrough lies in whats next: multi-agent orchestration.
naming the Asia-Pacific (APAC) region as the highest-risk area worldwide. Disconnected APAC supply chains create challenges In the Asia-Pacific region, companies operate in diverse markets with different regulations, varying levels of digital maturity and cultural complexities.
Advertise Contact Us Supplier Directory SCB YouTube About Us Login Subscribe Logout My Profile LOGISTICS Air Cargo All Logistics Facility Location Planning Freight Forwarding/Customs Brokerage Global Gateways Global Logistics Last Mile Delivery Logistics Outsourcing LTL/Truckload Services Ocean Transportation Parcel & Express Rail & Intermodal (..)
For example, plans were driven by volume rather than profitability metrics because the financial data was only added downstream of the planning process. Join the aim10x Summits in Europe, the US, and Asia Three large-scale events designed to bring leaders up to speed on AI-driven enterprise planning and decision-making.
RELATED CONTENT RELATED VIDEOS Global Trade & Economics Sourcing/Procurement/SRM Supply Chain Security & Risk Mgmt Supply Chains in Crisis Chemicals & Energy Related Articles China’s Electricity Crunch Is World’s Latest Supply Chain Threat Canada’s Shrinking St. farmers, don’t expect a reversion down in pricing,” Taylor said.
government would never ask General Electric to shut down a power grid in Asia, or Ports America to bottleneck cargo in Savannah. These actors understand that commercial flows are more fragile and target-rich than traditional military hardware. But China has no such separation between state and enterprise. It’s all part of the long war.
With tariffs on Chinese products such as clothing and electronics, the retailer has diversified its supplier base to include partnerships in Southeast Asia and India. This has forced agribusinesses to seek alternative markets, such as Southeast Asia, while investing in domestic processing to offset losses.
It’s the agency’s number-two priority, to be precise — second only to smoking out “waste, fraud and abuse” in white-collar crime, especially in health care and government procurement programs. In a policy memo issued in May, DOJ singled out “trade and customs fraud, including tariff evasion,” as an area of particular focus.
has imposed new tariffs of up to 25% on imports from Asia, particularly targeting Chinese goods, Mexican exports remain largely exempt, with over 90% of shipments to the U.S. Uber Freight’s Q2 Market Update reports that, while the U.S. qualifying for tariff-free treatment.
Eurasian Rail Freight: Demand for rail freight between Asia and Europe has surged, leading to congestion and longer booking times. Financial performance metrics are valuable as they capture the economic consequences of business decisions. Contingency planning for alternative ports is essential.
Drewry notes that transpacific rates from Asia to the US West Coast have been especially volatile in the last six months, in the context of tariff announcements and sudden changes in both capacity and demand. Financial performance metrics are valuable as they capture the economic consequences of business decisions.
Combined between that and recent threats to hit Brazil with 50% tariffs in retaliation for the ongoing legal case against former President Jair Bolsonaro, retailers have been forced to contend with a never-ending stream of "erratic policies and geopolitical volatility," said Hackett Associates founder Ben Hackett.
Ports as Retailers Navigate Tariff Turmoil Canada’s Top Port Looks to Add 70% Capacity in Asia Trade Push Global Gateways Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant?
The rapidly rising war-risk rates, which had come from lower levels during a lull in attacks in recent months, reflect underwriters’ concerns that the dangers on the route that links Europe with Asia have now returned to levels last seen about a year ago. Announces New Task Force to Counter Houthi Red Sea Threat U.S.
Apparel and footwear production hubs in Asia, including China and Vietnam, face elevated tariff rates as the White House pushes for new trade deals. The company and its retail peers are trying to manage supply chains that have been upended by U.S. President Donald Trump’s trade wars.
Ports as Retailers Navigate Tariff Turmoil Canada’s Top Port Looks to Add 70% Capacity in Asia Trade Push Global Gateways Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant?
aircraft at Changi Airport in Singapore. Under one scenario, about $13 million could be added in annual costs for Singapore Airlines, BI analysts including Rob Du Boff said in a note earlier in June.
In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.
Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. The lack of chassis and the need to return empty containers to Asia paralyzes North American ocean freight. I love the metaphor of watermelon metrics.
In the spring of 2022, Asia/US ocean container rates resumed pre-pandemic levels and congestion eased in November 2022 into California ports. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Yes, we have achieved greater normalcy in transportation. Tougher than most understand.
Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.
by Martin You – Sales Director for Asia Pacific at E2open. More specifically, it took 83 days for container transport from Europe to Asia, and 88 days from North America to Asia. Martin You – Sales Director for Asia Pacific at E2open. Driving Sustainable Growth Through Supply Chain Resilience.
Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.
Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.
In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!
Elaine Low, managing director for Southeast Asia and Pacific, CEVA Logistics said, ‘‘ At CEVA Logistics, we believe our global presence gives us a great responsibility in the communities in which our employees live and work. Making Asia a Leader – One Green Initiative at a Time. million gallons of SAF this year.
Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.
The trade with Asia we take for granted today was only possible by mitigating a significant supply chain trade-off – reducing costs without appreciable impacts to quality and service. You have a limited procurement budget but want to maximize revenue with a supply-driven production plan that minimizes waste.
As global risk factors evolve, organizations could leave themselves unprepared, creating unnecessary disruptions that are largely predictable — and in many cases avoidable,” comments Alex Saric, smart procurement expert at Ivalua. About the research. The study was conducted by Forrester Consulting in March 2022 on behalf of Ivalua.
Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Nikkei Asia ). Imports from Asia to the United States increased by 40% from 2019 to 2021, while the volume of exports remained almost unchanged. increase on the Intra-Asia Corridor.
Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. One such tool is the Logistics KPI Dashboard Excel Template, which provides data on key metrics and helps identify areas for improvement.
March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.
SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). . We are discussing them.
The TMC merges technology, organization and processes to establish a set of services leveraging the scale and efficiency of consolidated network planning, procurement and unified metrics with the agility of localized execution.
The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.
His task – together with his colleagues from procurement, production and logistics – is to simplify the global supply chain while acknowledging that consumers are often very emotionally attached to a particular beer brand. Within the 16 countries in Western Europe I have a very operational role.
million metric tons this year. The Information and Communications Technology (ICT) sector has led the charge for sustainable procurement in recent years as technology companies push hard to meet consumer demands for transparency in the supply chain. Alcatel-Lucent Sustainable Procurement Case Study.
The hunger problem spans the globe however the highest concentrations of malnutrition are in Asia (510 Million people), Africa (230 Million people) and Latin America (34 Million people). Everyone in Supply Chain has experienced being asked to improve some metric by 25% or more. Disruptive Technologies = Digital Supply Chain!
Impact: This is resulting in procurement teams scrambling to find new supply sources, while engineers are looking for substitutions alternatives, and other company leaders are figuring out how to bring more in-house for a vertical integrated approach. Border policies erode the effectiveness of homeland security.
Asia-Pacific is by far the largest regional market for 3PL , accounting for over one-third of the world’s 3PL market size. Unleashed also features business intelligence tools that track metrics and build reports so you can make data-driven business decisions. Enquire about shipping times when procuring 3PL providers.
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