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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. Companies leaning heavily on global sourcing? Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos.
tariffs on imports from Canada, Mexico, and China is impacting global trade networks, affecting industries ranging from automotive and electronics to agriculture and energy. auto parts are sourced from Mexico, making the tariff impact immediate and severe. Today’s escalation of U.S. Approximately 40% of U.S.
Fictiv , a global supplychaintechnology company, announced that it has entered into an agreement to be acquired by MISUMIGroup Inc., a leading global supplier of mechanical components for the manufacturing industry headquartered in Japan. Once closed, Fictiv will join MISUMI.
SupplyChain & Logistics News Round-Up (October 7th – 11th) This past week, I’ve been playing tourist in London, one of my favorite cities in Europe. In the context of supplychains, I found the exhibit fascinating and saw that the obsession with foreign objects has persisted throughout history.
Global supplychains have been tested repeatedly by a series of disruptive events, including the COVID-19 pandemic, U.S.-China China trade disputes, and natural disasters. Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks.
Even prior to early April, a casual observer of todays ever-changing geopolitical landscape might have concluded that global supplychains are shrinking and that business collaboration is waning. Enlightened business leaders know, however, that global supplychains remain important. Memory chips and DRAM come from Japan.
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.
The SupplyChain Renaissance Has Begun! The technology in our silos was designed to optimize narrow functionality. End-to-End SupplyChainSoftware Enables COOs to Manage an Organization vs. Silos Until recently, point solutions were the go-to tools for organizations. Today it’s a different story.
Growing tensions between China and trading partners. 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.
China Announces Export Controls on Five Critical Minerals Proactive intelligence Alert February 12, 2025 On February 4, 2025, China announced it would restrict exports of five critical minerals: tungsten, tellurium, bismuth, indium, and molybdenum. China is the top producer of all five recently restricted metals.
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. The supplychain can handle cost increases more easily than variability. I am worried.
ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. We define the market as those warehouse automation providers responsible for delivery of the system to the end-user (to eliminate double-counting). Looking back, I estimated the market in 2013 at $6.4 billion in 2019.
” 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.
Driving decarbonization with technology In 2023, the SAP CPO Think Tank community has been closely examining how companies can accelerate supplychain decarbonization. This blog highlights key strategies from these recent forums on sustainable procurement and practical tips to achieve impactful results.
Bowman, SupplyChainBrain In the rush to adjust sourcing strategies in line with current trends in international trade, the answer might be to think small. manufacturers have spent the last few decades consolidating production at gigantic offshore plants, especially in China. Enter the concept of the “microfactory.”
Table of Contents The Peoples Republic of China (PRC) recently banned exports to the United States of three critical minerals antimony, gallium, and germanium along with other high-tech materials that are used in industries that are vital to U.S. national security, including defense, energy, and healthcare.
Over the years, cost and efficiency ruled the supplychain agenda. The Chief SupplyChain Officer (CSCO) has gained prominence as organizations tackle the disruption and prepare for a post-COVID world. Corporations across industry verticals are looking to diversify sources of supply beyond China.
If your company’s supplychain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supplychain resiliency test. Supplychain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.
Smart Manufacturing has been making a lot of noise in the manufacturing industry, mostly due to how automation can greatly improve manufacturing operations through enhanced productivity. Also known as the “ New Industrial Revolution ”, this may indeed drastically shift the entire world of manufacturing.
Supplychain disruption is a fact of life for every company that moves any type of product. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. A resilient supplychain may be stretched to the max, but it doesn’t break. Trade disputes and tariffs.
Discover the top supplychain disruptions of 2024 and other significant supplychain trends from Resilincs exclusive data. The supplychain landscape in 2024 was characterized by significant transformations and challenges, with resiliency as a key theme across all industries.
While demand is high, ongoing product shortages continue to cause supplychain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations. If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges.
Manufacturing teams used to manage the supplychain group. Today, in most organizations, the supplychain team manages manufacturing. The irony is that fewer and fewer people within the supplychain team understand manufacturing. I feel lucky that I have.
Steve Elwell and Joe Lynch discuss why supplychain disruptions are here to stay. Steve is he Managing Director of Haxlar , an integrated manufacturing solutions provider, delivering design, manufacturing, sourcing, supplychain, and product management services for a wide range of industries.
The eruption of the trade war and subsequent shifts in tariffs has thrown organizations into disarray, and has them scrambling to understand the effects of tariffs on their businesses and supplychains. Global supplychains are the ground zero of the impact, rattling importers, exporters and domestic producers alike.
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.
US Government Passes the CHIPS Act to Increase Semiconductor Manufacturing and Research. The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturingsupplies, causing widespread disruption to supplychains across the country. . 2022) Source.
The Age of Agility: Building Resilience in the SupplyChain. Feature Article by Anthony Beavis, Managing Director APAC at Körber SupplyChain. Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supplychains throughout the Asia Pacific region.
At the SupplyChain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a SupplyChains to Admire winner for four consecutive years. SupplyChains to Admire Methodology.
The Current Landscape “Manufacturing pessimism has spiked dramatically in April as industrial producers deal with changing tariff plans and try to assess how global trade policy will impact their costs and operations in the coming months.” The landscape is rather brighter in the emerging manufacturing superpowers.
by Jay Muelhoefer Today’s global supplychain leaders know to expect the unexpected. The recent outbreak of coronavirus has shaken communities and put companies that rely on manufacturing from facilities in Wuhan, China at risk. But some events are more disruptive than others. A cure for inefficient planning.
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.
Manufacturing Sectors Client Alert Foreign adversaries are increasingly threatening vital domestic industries through current and potential future restrictions on critical mineral exports. Another concerning development is Russia joining China in considering similar export controls for other key raw materials. of these materials.
Supplychains are messy. Blockchain in SupplyChain Can Help. A manufacturer in China doesn’t read the specs on an order. WHITE PAPER] The Top SupplyChain Trends that Will Impact SupplyChain Management in 2018. Blockchain in supplychain changes that.
As supplychain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supplychain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.
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%
And yet Jerry Peck, the vice president of product strategy for global trade and transportation execution at QAD, made the point that when global companies think about digital supplychains, global trade compliance is often not part of their thinking. The advantage to a global supplychain can be lower landed costs.
Joe Lynch and Steve Elwell discuss 3 emerging supplychain trends. He is an expert in the growth and turnaround of small and medium manufacturing, logistics, and technology businesses. Key Takeaways: 3 Emerging SupplyChain Trends. In this podcast, Joe and Steve discuss 3 emerging supplychain trends.
Amongst the issues faced by both businesses and consumers in 2021, supplychain shortages – and the resulting challenges – held strong in the headlines throughout the year. Five Lessons Learned Overcoming 2021’s SupplyChain Challenges. Five Lessons Learned Overcoming 2021’s SupplyChain Challenges.
Explore supplychain strategies for navigating tariff uncertaintyand learn about how Resilincs AI agents for tariff disruption are changing the game. In recent weeks, tariff-related headlines have dominated global news cyclesfrom Chinas restrictions on critical mineral exports to the U.S. The result? Rethink location With U.S.
For more than a year, global supplychains have been buffeted by one major disruption after another. The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. The impact?
Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supplychain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. But there was a cost to this.
This posting is our fifth installment in an ongoing supplychaintechnology market education series. In Part One of the series , Michael observed that standard sourcing solutions struggle in efforts to support direct materials sourcing because of specific challenges in the software design.
The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. Now companies from the Far East and China are having similar access to the U.S. Now it is all global.
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