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Companies leaning heavily on global sourcing? Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. What Is Agile Procurement?
They noted the fact that companies whose leaders had supply chain experience took a more proactive approach to addressing potential supply-chain challenges, and in leveraging the supply-chain function to generate new business opportunities. They are no longer just vendors of goods and services.
The manufacturing sector is facing unprecedented volatility in global trade, with tariffs becoming the latest in a series of uncertainty drivers that are impacting virtually all industries. Manufacturing plants are deeply entrenched; tied to infrastructure, suppliers, skilled labor, and regulatory requirements.
In a survey we conducted in October 2020, 91% of our Indago supply chain research community members, who are all supply chain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
Medical and pharmaceutical manufacturers have faced increasing logistical challenges over the past two years. This report, produced by Worldwide Business Research, explores the progress companies have made toward supply chain digitization and logistics maturity.
In today’s interconnected global economy, sustainability within supply chains and logistics has become a necessity rather than an option. Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change.
This is the largest area of investment for the company outside of ERP. SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. It is a brilliant tool.”
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
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.
When you talk to companies that have implemented enterprise or supply chain applications, executives will usually admit that they have under-invested in training and preparing users to use the new technology. The most common form of trading partner collaboration is purchase order collaboration. People issues are always challenging.
The modern supply chain is a complex network of suppliers, manufacturers, distributors, and customers, all interconnected and reliant on a shared ecosystem of trust and accountability. Companies that prioritize low costs at the expense of ethics risk damaging their reputation, losing consumer trust, and facing legal consequences.
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.
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. The shortage has not impacted Charlottesville’s other major healthcare provider, Sentara Health as this organization sources its IV solutions from a different manufacturer.
Geopolitical instability, extreme weather, labor shortages, and fluctuating consumer demand regularly impact global logistics. Artificial intelligence (AI) is reshaping supply chain operations by enabling predictive planning, allowing companies to anticipate disruptions before they occur and adjust operations accordingly.
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
NEW YORK & OTTAWA, ON March 24, 2025 Infor, the industry cloud complete company, and Kinaxis Inc. TSX: KXS) an end-to-end supply chain orchestration, today announced a new partnership that will deliver improved alignment of supply chain plans with business objectives and strategies for midmarket discrete manufacturingcompanies.
From raw material sourcing to logistics and regulatory compliance, stakeholders across the value chain will need to prepare for structural adjustments. Sourcing and Ingredient Availability A central impact of this policy is the need to replace synthetic colorants with natural alternatives.
Examples are consensus forecasting, the evolution of the SCORE model, the Annual State of Logistics Report, and the Gartner Top 25. Let’s use the 2024 State of Logistics Report , “Navigating Through the Fog,” as an example. During the pandemic, logistics was a constraint. business logistics costs totaled $2.3
Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Resilience is the ability to respond to disruption while maintaining core operations, and more companies are shifting their strategies accordingly. For years, supply chains were engineered to be lean.
Across the globe, companies continue to pledge to reduce their emissions, capture their emissions, and help to reduce the negative impacts of climate change. For many companies, this process begins with an overhaul of their manufacturing processes, looking at ways to promote sustainable manufacturing.
The company aims to change this with the expansion of its data fabric portfolio. When you combine the volume, complexity, and speed with which decisions need to be made and executed, the current way companies manage this is unsustainable. A supply chain data fabric can help companies augment their supply chain processes.
The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supply chains. auto parts are sourced from Mexico, making the tariff impact immediate and severe. Today’s escalation of U.S.
Digital Twin Screen Shot and Architecture The most comprehensive form of planning that companies engage in is integrated business planning. Executives came to understand that IBP should not constrain a companys ability to react to what was happening in the market. IBP balances what can be produced against projected demand.
Planners are uniquely positioned with an end-to-end focus, from procurement of materials, through manufacturing and engineering, to the movement, storage, and delivery of finished products or services. By forecasting demand accurately, companies can ensure that they have the right amount of inventory at the right time.
Companies that fail to modernize face supply shortages, revenue loss, and regulatory risks. Just-in-time (JIT) inventory models, lean supplier networks, and offshore manufacturing reduced expenses but left companies exposed to disruptions. Companies that fail to integrate these technologies risk inefficiencies and higher costs.
However, logistics managers cannot deliver against todays goals with yesterdays TMS systems. Companies should evaluate it alongside cost, lead time, on-time delivery, and capacity utilization. For example, when implementing air-to-ocean logistics strategies, the solution will weigh ocean freight more favorably than air freight.
Pledge provides supply teams and logistics providers (LSPs) with accredited emissions measurement and reporting capabilities. Blue Yonder is confident that supply chain companies play a crucial role in carbon reduction and waste management.
Jack Fiedler, the vice president for digital transformation of the global supply chain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supply chains. I’ve not seen a company that does a better job of agile planning across an end-to-end, multi-tier supply chain.
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.
Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
The resulting strategic question for companies is: How do we build resilient supply chains when even the rule-makers are unstable? Automotive: Can JIT manufacturing survive legal disruptions to tariff policy? Companies relocating to Mexico may face rapid reversal in cost advantage if emergency tariffs are struck down.
During my current supply chain planning market research, I have received briefings from several SCP companies. At a division of one of the world’s largest consumer goods companies, 85% autonomy on manufacturing plans and 95% acceptance of proposed purchase orders has been achieved. You manufacture stuff.
On the positive side, companies such as a small manufacturer of advanced plastic components used across various sectors, such as medical, industrial, automotive and consumer products has experienced increased interest from clients eager to purchase American-made goods. Where do industrial companies focus to prepare for tariffs?
Supply chains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing.
However, recent disruptions have highlighted the vulnerabilities of these complex networks, resulting in significant financial losses for companies. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks.
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.
I walked away thinking, “What a great company!” And, this company was celebrated as #17 on the Gartner Top 25? Companies have traditional processes, but they have never questioned their knowledge of how to utilize market data to improve outcomes market-to-market. Over time, as I watched, this changed. I hung my head.
The EY research suggests that at many companies, that opportunity is receding. Prepandemic r esearch by the McKinsey Global Institute found that, on average, companies experience a disruption of one to two months in duration every 3.7 Those companies had at least $500 million in annual revenue.
Scaling manufacturing operations is crucial for business growth but presents unique challenges. Balancing increased demand with consistent quality and controlled costs is difficult but essential for manufacturers looking to expand. Successfully scaling manufacturing requires more than just adding resources.
Reducing reliance on single suppliers and diversifying supply sources can mitigate the impact of disruptions in specific regions or industries. Sunpower was once one of the larger domestic solar manufacturers and remained resilient during the cleantech bust of the early 2010s has finally met its match.
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.”
They emphasized being an Industry Cloud Complete Company with industry-specific solutions for over 2000 micro verticals across Process Manufacturing, Distribution, Service Industries, and Discrete Manufacturing. Industry-specific content is available for processes like Source to Settle, Procure to Pay, Order to Cash, and more.
In late 2023, Descartes conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The study also provided insight into what companies are doing to address it.
If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.
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