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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. Enter a Canadian supermarket today, and you will witness the transformation.
Issuances of common shares, net of issuance costs 3.6 The purchase price for the acquisition was approximately $112.7 Cost Reduction Initiatives Considering the economic and global trade uncertainty many Descartes customers are facing, Descartes has undertaken cost reduction initiatives designed to reduce its cost base.
The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. according to the Walmart Marketplace website. Cargo imported into the U.S. from May’s 2.24
Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. Diving deeper into the factors behind cost increases, Dick’s management noted the high fuel prices that continue to increase.
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!
The Supply Chain Matters blog provides observations and additional information perspectives related to the 2025 State of Logistics report. The report points to an upcoming period of high uncertainties along with the need to fundamentally rethink supply chain resilience as a strategic imperative. Costs in all of 2024 rose a reported 5.4
Over the course of the two-day shopping event, Prime members purchased more than 375 million items worldwide. The 13-day British Columbia port strike appears to be over after the International Longshore and Warehouse Union Canada and the B.C. including Canada’s largest, the Port of Vancouver. Exxon Mobil Corp (XOM.N)
ARC defines the warehouse automation market according to a number of qualifications and dimensions to deliver a well-defined measure, with numerous segmentations, allowing those that purchase the research to understand what is being measured, and to easily extrapolate the findings to support their strategic planning needs.
The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Thoma Bravo purchased Elemica in June 2016. E2open, following a rough 2014, was purchased by Insight Venture Partners in 2015.
Supply Chain Matters provides readers with December 2024, Q4-2024 , and year-end global supply chain assessments as reported by various global wide PMI reporting. Morgan and S&P Global Market Intelligence reported a continuation of contractionary activity levels in the final month of 2024. for December, down from a 50.0
NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2023. During the quarter, SaaS subscription and/or software license agreements were signed with customers located in the following eight countries: Australia, Belgium, Brazil, Canada, Denmark, France, the United Kingdom, and the United States.
Supply Chain Matters updates readers on a prior blog indicating the Volkswagen AG will invest in a large scale battery production facility to be located in in Canada. Inflation Reduction Act , which fosters consumer incentives to purchase EV vehicles if 50 percent of major battery components are produced in North America.
NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2022. million for the same period last year, reflecting our continued transition to the Software as a Service (SaaS) engagement model. ATLANTA (August 25, 2021) American Software, Inc. million compared to $0.8 Trinseo S.A., Logility, Inc.
With Google reporting that omnichannel shoppers have a lifetime value that is 30% higher than those who only shop via one channel, getting your omnichannel strategy right is critical to creating a customer experience that drives profitability. . Buy online and return in-store (BORIS). Researching products in-store then buying online.
NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022. For the six months ended October 31, 2021, the Company reported operating earnings of approximately $4.5 Logility announced the partnership with Visus LLC to support analytics customers and their digital transformation journeys.
Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.
Here in Canada, major highways are getting new electronic signs that provide warnings to motorists about upcoming road hazards. You could assess impacts to inventory, margin, cost of sales, new purchases, capacity…all within seconds, all within a single system. by John Westerveld. Compare that to traditional supply chains.
With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? and their equivalent of Supply Chain Canada). and Canada, we think the results are instructive for Canadian hiring managers and SCM professionals as well. Given the close economic links between the U.S.
Global automotive maker Volkswagen announced this week its decision to construct a battery production plant in Canada. Inflation Reduction Act , which fosters consumer incentives to purchase EV vehicles if 50 percent of major battery components are produced in North America. Thomas, Ontario , upwards of a two hour drive from Detroit.
million metric tons (or 60% of the world’s supply). million metric tons. Traditionally, companies like Apple haven’t purchased the metal directly from mines, but through brokers like China’s Congo Dong Fang Mining. The famously idealistic Silicon Valley company has pledged to source all of its cobalt in North America.
Source: Google. Descartes survived, however, and became one of the first software companies to embrace the software-as-a-service (SaaS) business model. Descartes Systems Group Revenue 2006-2018 (Source: macrotrends). One of Descartes’ most high-profile acquisitions was its purchase of MacroPoint for $107 million in August 2017.
“66% of consumers are willing to pay more for sustainable products but most organizations don’t know the farmers they source from, let alone their impact.” – Kahlil Baker, CEO and Founder, Farm-Trace. Shoppers want proof, so our platform demands it. Provenance is about transparency. Image credit: Farm-Trace. HOW THIS WORKS.
Reported April 22 Our trends in April have held consistent with March, and while market conditions remain soft, we've seen no appreciable downturn over the past two weeks, despite the tariff environment. Automotive Parts Genuine Parts , Q1 ending March 31. So we think the diversification of the business is an advantage.
Users can choose a fixed implementation plan or a more consultative approach, and scale up as needed with everything from reporting and analytics, shop floor data capture, HR, payroll and hosting available. Purchasing and supplier management, International Commerce Codes functionality, and advanced shipping. Orchestrate.
From 2019 to 2022 in Canada the average price for 500 grams of bacon has risen from $7.06 Examples Morningconsult.com reports that the impacts of Shrinkflation are being seen across a wide variety of grocery categories. But the reality is that a package of bacon now weighs only 375 grams, not 454 grams which equals a pound.
The projections are from BTS’ and FHWA’s latest version of the Freight Analysis Framework (FAF) , “which integrates data from a variety of sources to create a comprehensive picture of freight movement among states and major metropolitan areas by all modes of transportation.”. trillion in 2015).
Journalists from Politico report efforts by some European Union (EU) countries are making business executives much more concerned about what’s going on in their global supply chains. He writes, “The free Responsible Sourcing Tool helps visualize how human trafficking could enter your supply chain. ”[3].
While the pandemic has given procurement managers fresh ammunition to advocate for greater resiliency within their corporate supply chains, geopolitical experts and a bipartisan coalition of legislators argue that the U.S. Canada joint action plan on critical minerals as a foundation for greater supply chain cooperation in that segment.
Do you want to focus on the Procurement side of things, or more on the Logistics and Planning side? Kristie Syndikus, VP Procurement at Maple Leaf Foods. Embrace the opportunity to move around to different roles in your supply chain career to learn new skills but to also be able to uncover new sources of value. Find a mentor.
million metric tons (or 60% of the world’s supply). million metric tons. Traditionally, companies like Apple haven’t purchased the metal directly from mines, but through brokers like China’s Congo Dong Fang Mining. The famously idealistic Silicon Valley company has pledged to source all of its cobalt in North America.
Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He can lead your company through the complex procuretech industry because of his specialization on procurement technology. Connect Now!
Supply Chain Matters highlights report that Volkswagen luxury branded vehicles were impounded by U.S. Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations.
Additionally, the advancements and constant changes in technology and analytics play a huge role in supporting the success or failure of a modern day supply chain. As if this wasn’t enough, transportation costs are rising and forcing companies to constantly adjust and optimize.
Last week, the industry publication Aviation Week published its report, Pratt GTF Repair Plan Jolts Beleaguered Airline Industry. Specifically noted in the report: “ The effect on the airline industry will be profound.” Reportedly the news of a far broader inspection program caught most airline providers by surprise.
Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. For the majority of Supply Chain’s history, this evolution has been driven by a knack for finding efficiency.
According to reporting from The Wall Street Journal , the company has been leveraging strong demand for refrigerated warehousing since the Covid-19 pandemic began. This provider’s software suite supports global transportation sourcing, shipment and order visibility, multimodal optimization, product, customs and trade compliance.
Intelligent procurement technology provider JAGGAER announced the finalization of a partnership with TealBook , a tech provider that leverages artificial intelligence and machine learning to gather, predict and refine supplier data and to provide companies with additional product sourcing options.
Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.
Uncovering Risks Tied to Ethylene Oxide (EtO) Sterilization in Healthcare September 27, 2024 Case Study Table of Contents Executive Summary Through its purchase of a supply chain risk management illumination, a U.S. Companies will have 18 months to comply with the rule if it becomes finalized and will need to report EtO emissions to the EPA.
Consumer purchasing continues to grow, and e-commerce is on track to break additional records throughout the remainder of the year and beyond. Unified data can then be properly cleansed, parsed, analyzed, and applied to generate core metrics for individual modes, specific carriers, service levels, and more.
Supply Chain Matters provides highlights and added insights on reported September and Q3 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported September PMI reported value 49.1 reflecting a 0.4
Supply Chain Matters provides highlights of reported February 2024 global and regional production and supply chain PMI indices. Report commentary further indicated that while global consumer goods production levels features solid monthly growth, both the intermediate and investment goods sectors were marginal in growth.
In 2022, the US CHIPS and Science Act boosted domestic research and manufacturing of semiconductor chips which led to fewer purchases of semiconductors from China. In 2010, China restricted exports of rare earth elements to Japan following a territorial dispute, sending prices soaring and Japan scrambling to find alternative sources.
billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. Wildfires have been an ongoing affair in British Columbia since June 2021, claiming acres of forest area and severing railroad and highway links to the largest port in Canada. Ethical sourcing of goods. parts per million.
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