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What food and beverage companies need to know about tariffs: Lessons from Canada sharkins Fri, 05/16/2025 - 09:53 Tariffs have been a constant threat since the beginning of 2025, but one sector has felt the impact more immediately than most: consumer packaged goods.
With the advent of the digital era, supplychain has transformed dramatically. To increase flexibility, responsiveness, and competitiveness in the long run, the investment in supplychain digitalization will increase by 10%-15% over the next few years. If trends hold, we will achieve touchless supplychains very soon.
According to our 2024 report, Generative AI in the B2B Marketplace , 81% of B2B businesses are already investing in AI, with 79% anticipating increasing their AI budgets within the next year. What can supplychain leaders do to mitigate these risks? Make an AI alliance around key customer use cases. Customers Like AI.
For 58 years, food and beverage and consumer goods manufacturers have battled for dominance, from chips and wings to soda, beer, party supplies, and even aluminum foil for food storage and DIY trophies. The Super Bowl isnt just a game; its an economic powerhouse, a marketing battlefield, and a massive test for supplychains.
The food and beverage industry is a dynamic, ever-evolving sector in which manufacturers are continuously seeking ways to optimize production and reduce costs in the face of shifting consumer demand and preferences. Thats a tall order for food and beverage manufacturers.
Many people get confused about KPIs or Key Performance Indicators in Logistics and SupplyChain operations. Still, in this article, I will help you evaluate the need for supplychain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. Which ones to use?…
For supplychains, AI offers new paradigms and approaches, delivering streamlined processes and results that are unprecedented. AI is about more than fixing problems — its fundamentally changing how supplychains operate. billion in 2023 to $63.77 billion by 2032, a compound annual growth rate of 11.7%.
So argues Greg Petro, CEO of First Insight , a retail platform that uses AI analysis of consumer feedback to predict demand, determine pricing thresholds and model scenarios around, for example, differing tariff levels or supplychain bottlenecks.
1 SupplyChain Disruptions The past several years have underscored the fragility of global supplychains, as geopolitical conflicts, natural disasters and labor shortages have continually tested resilience. It’s no longer enough to capture and route orders.
What Contractors Need to Streamline Procurement in 2025 By Ian Summers (pictured) Content Writer 111 Views You’re on-site before dawn, the framing crew’s ready, but the steel shipment’s stuck in limbo, the invoice isn’t approved, and your project management app just pinged you for the fourth time.
Over the past several weeks, there have been 4,137 job cuts announced, according to media reports and Worker Adjustment and Retraining Notification (WARN) Act notices. Beverage distributor Republic National exits California Republic National Distributing Co., The companies facing layoffs include: Republic National Distributing Co.
How Do IT SupplyChain Attacks Actually Happen? - How Do IT SupplyChain Attacks Actually Happen? By Richard Pearson (pictured) Content Writer 49 Views IT supplychain attacks are no longer rare. What Is an IT SupplyChain Attack? Why Attack the SupplyChain?
Bowman, SupplyChainBrain The European Union is on the verge of rolling out a reporting regulation that promises to have a huge impact on businesses selling into the region. The DPP “represents a significant advance in product transparency and sustainability,” according to an EU report published in September of 2024. “As
The industries that particularly benefit from an MES are those that are highly regulated, such as pharmaceuticals, medicines, biotechnology, aviation and food and beverage production. This saves manufacturing, transportation, storage, and inventory monitoring costs.
Balancing supply and demand requires careful planning and the ability to adapt to changing market conditions, especially when considering the bullwhip effect in supplychain management. What is the Bullwhip Effect in the SupplyChain? Imagine a retailer experiencing an uptick in customer demand.
Traceability has to run through every stage of a global supplychain, which can be frustratingly opaque, given the number of players and transformations that a given product undergoes. Use of the science for tracing cotton is still a work in progress, Jones says, although in recent years “the database has grown considerably.”
We’re talking real-time tracking, automated purchasing, and a whole lot less stress. Automated Purchase Order Generation: Maintain optimal stock levels by automatically generating purchase orders when supplies run low. It’s not just a nice-to-have; it’s the key to staying competitive.
How to leverage AI-powered insights to move supplychains from reactive to proactive. Supplychain missteps can hit sales and brand loyalty hard. Amid shifting trends, tariffs, supplychain disruptions, and more, CPG supplychain teams are constantly navigating uncertainty to keep products moving.
In addition to manufacturing or production, ERP then expanded to include finance, accounting, order management, supplychain management, payroll, and HR. PeopleSoft itself had recently acquired JD Edwards, a mid-market ERP provider specializing in manufacturing and supplychain solutions.
Board execs are strained by the conversation around, ‘How do we purchase more, get a bigger footprint?’ Build Up, Not Out Expanding your footprint isn’t just expensive — it’s disruptive. Real estate is at an absolute premium today,” Senn says.
Those of us fortunate enough to live in peace and safety with easy access to food outlets seldom think about the domestic food supplychain — let alone the global food supplychain. ”[1] Some people might believe that the food supplychain is both robust and resilient.
Lifestyle journalist Stacey Leasca reports, “One in eight. ”[3] According to the market research firm Circana, “[GLP-1 medications are] having a profound impact on how consumers allocate their food and beverage and nonfood spending.[4] brand in nearly three decades.[8] brand in nearly three decades.[8]
Traditional implementations require substantial capital investments and lengthy deployment timelines, which cloud ERP eliminates through scalable, subscription-based models that deliver immediate value. They also offer flexible engagement models that align with different budget requirements and business priorities.
adults expect to pay more for food this summer compared to last summer due to inflation, and nearly half (47%) expect to pay the same, suggesting 80% report feeling no relief from high grocery prices. RELATED CONTENT RELATED VIDEOS Technology Food & Beverage Retail Related Articles U.S.
Over 65% of enterprises now use automated data extraction for real-time analytics, and companies that invest in automation see productivity boosts of over 66%. Operations teams report improved cross-team efficiency, and the ROI can be huge—robotic process automation alone has delivered 30% to 200% ROI in the first year for many organizations.
Second is the broader strategic importance: As the macroeconomic environment tightens, and tariffs start to bite harder, it will be crucial to both lower operating costs and also protect against increased volatility. Inventory is capital sitting on the floor. A WMS is only as good as the data you feed it.
Apple in $500 million rare earth magnet deal with MP to expand US supplychain Apple (AAPL.O) for rare earth magnets, mitigating supply risks after China curbed exports this year and representing a major coup for MP that sent its shares soaring by a fifth. trade deal. has signed a $500 million deal with MP Materials (MP.N)
Meanwhile, supplychain and logistics news continue to unfold. egg supplychain. Now Let’s Get Into The Top SupplyChain & Logistics News for the Week! Its three powerful assets offer: A comprehensive network for real-time supplychain data, which tracks over 3.2
From electronics manufacturers to retail giants, companies are grappling with a complex landscape of rising duties and other supplychain challenges. The stated aim of those measures is to bolster domestic manufacturing and reduce reliance on foreign supplychains. The cost impact is both immediate and far-reaching.
For many, higher costs, supplychain delays, and unpredictable inventory flows are creating significant hurdles. While navigating tariffs requires short-term tactics such as pricing adjustments and inventory management, it’s also important to think about the following long-term strategies: Diversify supplychains.
Driven by purchases of machinery from the U.S. With Asian supplychains under pressure and tensions rising between the U.S Logistics firms in Córdoba, Rosario, and Buenos Aires report a spike in inquiries from companies exploring operations, warehousing, or regional distribution outposts. Its not just a local rebound.
These consist of 10% reciprocal tariffs that apply to all countries (currently paused until August 10), a 20% tariff levied due to Trump administration concerns over fentanyl production and, on top of these, are Section 301 tariffs across a broad range of goods, including pharmaceuticals, beverages, textiles, machinery, vehicles and aircraft.
They should be able to make decisions, purchase items as needed, and avoid necessary paperwork, red tape and delays. This is very helpful to know, since employees can often waste time just to make themselves seem valuable and useful, but that behavior can be a money sink for the business.
with 34% of consumers saying that theyve delayed making purchases until theres more certainty. with 34% of consumers saying that theyve delayed making purchases until theres more certainty. with 34% of consumers saying that theyve delayed making purchases until theres more certainty. According to a survey of 1,000 U.S.
SupplyChain Digest Says. Another manager in the computers and electrics sector stated that: “Tariffs continue to cause confusion and uncertainty for long-term procurement decisions. reported in May (above 50 = rising prices), so prices rose again but at a somewhat smaller rate). a little up from 48.5 What do you say?
billion purchase of the smaller American company by a Japanese one will create one of the worlds biggest steelmakers, and turns Nippon into a major player in the U.S., reports BBC News. Featured Product Popular Stories Report From DPW: What’s Next for AI in SupplyChain? government. government. government.
Around 47% of consumers state they are likely to purchase from a brand that includes diversity in its advertising. That is, why certain colors might be problematic, how family structures influence purchasing decisions, or what social media platforms matter in different regions. expect from online brands today has completely changed.
The whole purchase is a waste. When developers work with a game art studio, understanding the art pipeline, respecting its stages, and communicating clearly with artists, projects move faster, cost less, and look far more professional. What mistakes do developers make in the game art process? Imagine you’re buying an expensive fridge.
starting August 1, and threatened an additional penalty over the country’s energy purchases from Russia. starting August 1, and threatened an additional penalty over the country’s energy purchases from Russia. starting August 1, and threatened an additional penalty over the country’s energy purchases from Russia.
Instead of juggling multiple bank accounts, users can often purchase and manage CDs directly through a single platform. Being able to choose from a diverse pool of banks lets savers spread deposits across several insured institutions, maximising FDIC coverage while maintaining competitive returns.
Some tools also round up your purchases and invest the spare change. How Technology is Revolutionizing Personal Finance Management By Mike Bronson (pictured) Content Writer 14 Views Have you ever felt like your money disappears faster than you can keep track of it? But now, technology has changed that, too. So, if you spend $3.60
Keep the selling experience positive and financially beneficial for those who want to purchase your home. How to Get the Right Price When Selling Your Home By Claire Lloyd (pictured) Content Writer 79 Views When done right, selling your home can be an exhilarating experience.
is doubling down on its long-haul expansion with the first purchase of Boeing Co. is doubling down on its long-haul expansion with the first purchase of Boeing Co. is doubling down on its long-haul expansion with the first purchase of Boeing Co. is doubling down on its long-haul expansion with the first purchase of Boeing Co.
Executives have urged the administration to instead turn its attention to the middlemen in the pharmaceutical supplychain, who negotiate prices on behalf of employers. trade policy to help drug companies negotiate higher prices with other nations, but demanded the proceeds be used to lower drug costs for Americans.
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