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As a supplychain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. What Is Agile Procurement?
For years, supplychains were engineered to be lean. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed.
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.
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.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently.
The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. Over the past three years, supplychain cycles shifted.
The Covid-19 pandemic tested the global supplychain. Like riding a bumpy road, the supplychain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supplychain leaders, I share lessons learned. It will not be over soon.
” What makes supplychains an ideal proving ground for this evolution? The Rise of the Self-Healing SupplyChain Today’s supplychains are under more pressure, navigating considerable hurdles such as macroeconomic instability, shifting demand patterns, climate events, and geopolitical friction.
ARC Advisory Group’s Global Warehouse Automation Research study is now complete and available for purchase. The research process includes an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s research study. Growth Drivers.
Sustainability is definitely coming of age in Asia. However, there is now a growing appreciation that going green correlates with increased profit as demand for products with sustainable credentials grow and Asian companies get set to move up the value chain. Building a connected supplychain. Visibility is vital.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently.
On the ground and in person with supplychain industry professionals networking and learning in a safe environment. Nathalie pointed out during the panel discussion, that it is beneficial to consider how automation or mobile solutions implemented can future-proof businesses, particularly in today’s uncertain business climate.
He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supplychains. Supplychain optimization has also improved in significant ways that can address these trade-offs better than before.
Ivalua, a global leader in spend management , and Capgemini, a global IT services and consulting firm, today announced that after a comprehensive evaluation of available technology solutions, the Volkswagen Group has chosen Ivalua’s platform to digitize its global indirect procurement processes for the Group’s entire brand portfolio.
Driving Sustainable Growth Through SupplyChain Resilience. by Martin You – Sales Director for Asia Pacific at E2open. The answer, quite simply, is through a relentless focus on resilience across the entire supplychain. HOW DID WE GET HERE? And this was before the Russian invasion of Ukraine began.
In an IDC InfoBrief titled Building the Future of SupplyChains: AI-Driven Orchestration for Asia/Pacific Success, 99.7% of supplychain leaders in Asia-Pacific identified agility as critical to their success. Whats troubling APACs supplychains? According to IDC, 99.5%
Learn how Körber leveraged Ivalua’s softwaretools to automate and streamline tactical activities while keeping strategy front and center. The global supplychain is undergoing an incredible transformation that will change the way we do business. 5 BU’s: Digital, Pharma, SupplyChain, Tissue, and Tobacco.
Breaking Boundaries: Exploring Generative AI’s Impact on SupplyChainsSupplychains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution.
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
Companies of all sizes have been capturing the value from Global SupplyChain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. However, you may wonder what kind of practices really work.
With supplychain planning software you can automate the achievement of service levels, even under changing constraints resulting from major disruptions. As COVID-19 continues its malevolent spread around the world, concerns grow regarding the continued impact on supplychains and business continuity.
VF Corporation is Building a Highly Automated DC on the West Coast. 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.
to supplychains and this webinar, hosted by LSCMS President, Dr. Raymon Krishnan had panelists Timothy Tan, Head, Enterprise Business IT and Mobile at Samsung Electronics and Ian Chong, Regional Director and. the entire supplychain when adopted and deployed correctly. supplychain models, are many.
In the hyper-connected global economy of the present day, supplychains traverse continents, cultures, and myriad communication barriers. This is where audio translation technology is a game-changer. Procurement staff must send alternate sourcing orders. Logistics coordinators will need to reroute deliveries.
Essential Skills for SupplyChain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supplychain managers and leaders in Asia.
Muslim (majority) countries in Asia (such as Brunei, Indonesia, and Malaysia) and several countries in the Middle East are moving to stage 3: the halal supplychain. In other words, halal requires an organisation of the supplychain instead of just the factory: from source all the way up to point of consumer purchase.
Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU. Europe prices (FBX11 Weekly) decreased 7% to $1,291/FEU.
East Asia – April 29, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Blog Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $2,328/FEU. China – N. Europe – N.
The global supplychain industry has by default, a large environmental impact, through its carbon footprint. We are committed to preparing the supplychains of the future. In addition, CEVA Logistics was also appointed by General Motors (GM) to manage its entire ventilator production supplychain in support of the U.S.
tariff on China electronics is seeing a rise in demand for these products from other countries within Asia. Inventory stockpiling is starting to occur based on prices and supply/demand curves. Technologies Changing the Way We Do Business. The rules of business are being rewritten with these new digital technologies.
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.
The Suez Canal is the shortest route for container traffic from Asia to the Mediterranean and Europe, and is also used for some volumes from the Far East or Southern Asia to North America. With the other major carriers also rerouting now, it is likely freight rates will rise for Asia – N. Asia – N.
ANCA builds CNC tool grinding machines. These machines produce the cutting tools other machine tools use to cut metal. Inevitably, the procurement process is complex and challenging to manage. Thousands of parts go into a CNC tool grinding machine. Procurement System Improvement Goals.
In today’s fast-paced business world, optimizing your supplychain is essential for staying competitive and efficient. With the right supplychaintools at your disposal, you can streamline operations, boost productivity, and save valuable time.
Empowering Procurement & SupplyChain Leaders Across the Globe. Canada, the Middle East, South America and Asia are now using Ivalua’s platform to power their digital transformations, improving efficiency, reducing costs, managing risk and growing revenue. “We
These are some examples of large players making bold moves, often involving low-carbon fuels and related engine technology. Unlike their customers, usually large shippers with their own sustainability strategies and targets that often span their entire supplychain. technologies and practices.
Ensuring supplychain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Procurement priorities have also become more strategic, as organisations focus on improving supplychain resilience and boosting growth.
Ensuring supplychain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Procurement priorities have also become more strategic, as organizations focus on improving supplychain resilience and boosting growth.
The success of your business links inextricably to the performance of your supplychain. you have to make your supplychain successful too. SupplyChain and Business Success By the Numbers Now for those statistics I mentioned. If you want business success (and who doesn’t?),
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.
Ivalua is the Lead Partner at this year’s ProcureCon Asia, which will be held at the Amara Sanctuary Resort Sentosa. He had taken on a few leadership roles in Flex such as Procurement Compliance Director, led the Global Sourcing team, and is currently member of Flex SupplyChain Council and SupplyChain Risk Management.
Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supplychains have been disrupted across the globe. Freight procurement is the mainstay of any supplychain professional but price is not the be-all and end-all.
Since Inauguration Day, the landscape has shifted dramaticallywith new duties, revised agreements, and retaliatory tariffs shaking up supplychains across the globe. These rapid changes are creating uncertainty for logistics professionals, procurement teams, and trade compliance experts who now must monitor updates almost daily.
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