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Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

As a supply chain 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.

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Global Supply Chains in Flux as U.S. Tariffs on Canada, Mexico, and China Take Effect

Logistics Viewpoints

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.

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AI Leader in Global Supply Chain & Manufacturing joins MISUMI

Logistics Viewpoints

Fictiv , a global supply chain technology 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.

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Supply Chain & Logistics News Round Up (October 7th-11th 2024)

Logistics Viewpoints

Supply Chain & 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 supply chains, I found the exhibit fascinating and saw that the obsession with foreign objects has persisted throughout history.

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Decentralizing Supply Chains: How Regional Models Drive Resilience and Flexibility

Logistics Viewpoints

Global supply chains 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.

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The World Today Part 1: The Best Manufacturing Ecosystems Win

Enterra Insights

Even prior to early April, a casual observer of todays ever-changing geopolitical landscape might have concluded that global supply chains are shrinking and that business collaboration is waning. Enlightened business leaders know, however, that global supply chains remain important. Memory chips and DRAM come from Japan.

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Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management

Freightos

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.