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Reducingcost 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.
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. Vehicle production costs in the U.S.
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.
For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change.
Speaker: Adam Robinson, Director of Marketing, Cerasis
We’ll address how automation in the supply chain will provide employees with the following: More Strategic Procurement. Improved Supplier/Vendor Management (Automated buying on an e-commerce website for repeat orders, automated freight pickups for inbound delivery, automated tracking alerts).
Most organizations have public commitments to reduce their carbon footprint, with some of the more aggressive goals promising net zero emissions as early as 2040. Freight transportation makes up over 10% of total global carbon emissions. Reducing emissions from transportation is crucial to achieving organizations sustainability goals.
In “Navigating the Numbers: Tariffs, AI, and The Future of Supply Chains”, Joe Lynch and Corey DeSantis , BDO’s Logistics and Transportation Subject Matter Expert, discuss the evolving landscape of global trade, the transformative power of artificial intelligence, and strategies for building resilient supply chains for tomorrow.
In alignment with its end-to-end supply chain strategy, Blue Yonder will now be able to assist its customers in automating the collection and exchange of shipment data from logistics suppliers, facilitating accredited and traceable emissions calculations across all transportation modes, including air, inland (truck, rail, barge), and sea.
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.
Subscribe The Supply Chain Carbon Footprint ReductionStrategy! Infographic) In recent years, the focus on sustainability has become more crucial than ever, especially within the supply chain of appliance manufacturing. Key Strategies for Reducing Carbon Footprint 1.
In April, freight company HLS Group reported 80 canceled sailings from China as trade tensions with the U.S. And cross-functional teams — from procurement and sales to finance and customer service — are left scrambling to react. based manufacturer that ships engine blocks through several U.S. intensified.
The high-tech firm is more than a manufacturer of PCs, tablets, smartphones, and servers. The company has more than 2000 suppliers and operates over 30 manufacturing sites. We can run a plan simulation to maximize revenue, maximize shipments, maximize the customer experience, or minimize transportation costs.
Another wave of closures and layoffs has hit workers and companies tied to commercial transportation, manufacturing, lumber production, distribution and logistics across the U.S. CEO Bob Hendrickson cited increasing operational costs and “industry headwinds” as some of the reasons for the layoffs. 1,756), Canfor Corp.
Traditional forecasting methods often fail under high variability, leading to excess costs, stockouts, and obsolescence. Whether you’re in manufacturing, retail, or another industry, navigating the uncertainties can feel like solving an intricate puzzle. Image source: Stefan de Kok 2. weather, social media trends).
Rising costs, supply chain chaos, and economic swings put businesses under enormous pressure to protect their margins. According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurementcostreduction.
This can damage your reputation and reduce sales. Below are a few other ways to help you reduce lead times. Here are some strategies for effective collaboration: Supplier relationship management (SRM): Establishing a strong SRM process fosters open communication and transparency between the business and its suppliers.
First Insight, which works with major retailers like Gap, Under Armour and Marks & Spencer , to optimize their pricing, merchandising and inventory strategies, has turned its attention to making sure retailers can take control of their pricing and inventory strategies using real-time customer insights and predictive scenario modeling.
Bowman, SupplyChainBrain In the rush to adjust sourcingstrategies 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.”
In addition, other infrastructure repairs which impact freight transportation in and around Ashville, North Carolina are still not completed. These events impacted everything from facility operations and transportation routes to energy costs and inventory management. Other companies such as Atlas Van Lines, Dayton Freight Lines Inc.,
Rising costs, geopolitical tensions, and tariffs demand a strategic and holistic approach to maintain profitability and competitive advantage. There are many ways an organization can cut supply chain costs. Mastering Direct Spend Management Procurement teams generally do not report to the chief supply chain officer.
In recent years, global manufacturing and supply chain operations have undergone a significant shift. To achieve greater product differentiation and reduce expenses, companies are outsourcing design and development work to contract manufacturers (CMs) and other domain experts.
The logistics landscape is evolving rapidly as more manufacturers relocate production closer to domestic markets. This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. Government Incentives for Reshoring The U.S.
Below are some common problems in supply chain management and how they can be mitigated with the assistance of software solutions and digital strategies in logistics. It must address various demands, including indirect procurement requests, project and manufacturing requirements, and external customer demands.
According to a global survey of over 5,000 international firms , companies are reeling from rising costs generated from tariffs to open 2025, with the overwhelming majority expecting upward pricing pressure to increase, leading to a reconsideration of supply chain strategy.
Global manufacturing is realigning. Midwest, driven by geopolitical friction, rising overseas costs and the need for supply-chain resilience. During the pandemic, lockdowns in key manufacturing hubs in Asia disrupted supply of essential components, from semiconductors to medical supplies. In early 2025, the U.S.
AI has the potential to truly eliminate these boundaries by integrating departmental workflows. AI also improves the efficiency and cost-effectiveness of supply chain operations, both in terms of automating processes, and finding ways to refine pricing strategies and take advantage of forecast trends. And the cherry on top?
Edge computing processing data locally, near the source has emerged as a method to address these challenges by reducing latency and improving resiliency. Different manufacturers and vendors often use different protocols and systems, making integrations resource intensive from both a capital and personnel perspective.
It’s easy to feel at ease when procurement systems operate as they should—robust and solid. Procurement teams now face a clear need: build bendable systems instead of unbreakable ones. Let’s look at how procurement ecosystems can become more prepared for anything that comes their way. That is, until something goes wrong.
With Detroit’s legacy as the Motor City, the region is home to countless manufacturers, suppliers, and distributors deeply embedded in the global automotive supply chain. Navigating Supply Chain Disruptions Global disruptions often lead to delays at ports, congested rail yards, and increased transportation costs. Here’s how.
From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. Keelvar Keelvar specializes in autonomous procurement and supplier negotiations, making sourcing more efficient and cost-effective.
The traditional metrics of excellence cost efficiency, on-time delivery while still important, are no longer sufficient in an era defined by volatility, complexity and political changes. This approach has enabled some organizations to reduce inventory by significant amounts while actually improving service levels.
Why Smart Data and Compliance are Crucial in 2025 By Christine Baker (pictured) Content Writer 125 Views In 2025, optimising operational efficiency and achieving sustainability goals are paramount for businesses across manufacturing, warehousing, and transportation.
While these terms are often used interchangeably — even by professionals — they refer to distinct areas of expertise, each playing a vital role in ensuring product availability, customer satisfaction, and cost efficiency. Misunderstanding them can lead to poor planning, missed deadlines, and inflated costs. What Is Logistics?
But what exactly is supplier collaboration, and how can it be effectively implemented to enhance supply chain performance, reducecosts, and contribute to broader business objectives? Imagine a car manufacturer working closely with its key suppliers to develop a new electric vehicle. What is supplier collaboration?
Instead of high-level frameworks, attendees heard directly from global manufacturers including RHI Magnesita, Teleflex, and Marelli. The company reported early gains, including a 24 percent reduction in inventory levels and verified cost savings exceeding €81 million. The agenda prioritized outcomes over abstraction.
The past couple of years’ supply chain delays and uncertainty have led many manufacturers to rethink their long-term supply chain strategies. And increasingly, they are exploring cost-effective nearshoring strategies as a way to gain greater control, shrink transportation times and costs, and improve their competitive position.
However, layered on top of product-specific duties, retaliatory tariffs and country-of-origin rules, the cumulative effect is a constantly shifting landscape that reshapes cost structures on a weekly or even daily basis. Against this backdrop, one factor stands out as both a risk and key opportunity: pricing.
You’ll discover a unique threefold strategy that enables workers to pick more items in less time with up to 30% fewer robots compared to legacy systems. Our latest e-book, Unlocking Fulfillment Potential, will introduce you to the recently launched Zebra Symmetry™ Fulfillment ecosystem, which was engineered specifically to boost your profits.
I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. How often do your purchase orders change?
Better inventory management, intelligent manufacturing, flexible logistical systems, and real-time delivery controls have all been made possible by the use of artificial intelligence (AI) in the supply chain and logistics. To maximise operations, procurement must be made aware of the effects that data problems will have later.
Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply chain is through Cost Performance Index (CPI). What contexts can it be used in and how, as well as the benefits of using cost performance index in supply chain contexts.
Following are three strategies for using data to meet these challenging times. Transform data from cost center to profit engine. Many retail and CPG organizations have already invested heavily in collecting data, but with a limited strategy for employing it effectively. Prioritize execution intelligence.
What is your Strategy? Consumers, retailers, and logistics providers alike are seeking ways to reduce their environmental impact, opting to implement sustainable habits, practices, and technologies both in their daily lives and in business operations such as sustainable home delivery. Last Mile Delivery!
According to a recent update from the World Health Organization (WHO), HMPV is quietly spreading through key manufacturing regions, echoing the operational challenges we faced during the pandemic. HMPV is causing significant disruptions in supply chain operations, particularly in manufacturing hubs across Asia. Whats Happening?
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