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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 DOE is still issuing large federal loans to startup companies, Novonix a synthetic graphite startup just received a $755 million loan to support its mission and reach its goal of producing 31,500 metric tonnes of synthetic graphite.
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.
Home Making Logistics Data Actionable: Insights from Freightos and Gryn July 7, 2025 Blog Data is the backbone of efficient decision-making. However, transforming raw data into actionable insights remains a significant challenge for many logistics organizations. strive for cost savings and to increase supply chain performance.
A lack of standardized ESG metrics across industries and regions makes it challenging to consistently evaluate and compare supplier performance. Deeper tiers of the supply chain, where critical environmental and social risks often exist, are harder to monitor and manage. Data collection and verification remain areas of concern.
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manageprocurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manageprocurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?
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.
However, as carbon taxes and emissions reporting requirements continue increasing, supply chain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Freight transportation makes up over 10% of total global carbon emissions.
Crisis vs. Continuity, Where the Line Falls Crisis management is the immediate response to something unexpected and high impact. Use metrics like lead-time sensitivity, margin contribution, and order volume to prioritize. Real-World Examples Maersk (2017): A ransomware attack crippled IT systems across its global logistics network.
Supply chain planners are now frequently tasked with initiating transformations to address these various pressures. 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.
As part of the workshop, we are developing a list of Do’s and Don’ts related to Distributor Management. Do Invest in Distributor Capability Building : Provide training, digital tools, and performance incentives. Do Set Clear KPIs and Governance Structures : Establish transparent metrics for sales, coverage, and service levels.
Sudden tariff increases can quickly make a cost-optimized procurement strategy untenable, leaving companies scrambling to adjust. When a new tariff is proposed, companies using AI-based forecasting tools are often able to adjust their sourcing or logistics strategies well before the policy takes effect.
Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Technology integration: Leveraging digital tools to enhance visibility and decision-making.
That, at least, is the theory behind mathematical optimization, and the way it’s being applied to supply chain management today. Bowman, SupplyChainBrain Supply chains consist of imperfect humans struggling to make perfect decisions. In the end, though, it all comes down to a game of numbers.
What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Why is Vendor Relationship Management Important?
It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. Connected technology transforms traditional supply chains into dynamic systems capable of real-time decisions and proactive problem-solving. You’re not alone. That’s where data analytics comes in.
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.
In today’s dynamic market, procurement is far more than just a buying and purchasing center. Forward-thinking organizations have transformed the department into an untapped gold mine that creates value for the entire end-to-end manufacturing process—from design and sourcing to production and delivery.
Because logistics are tightly woven into production, fulfillment and the customer experience, the impact of a transit issue, like a delayed shipment, can quickly ripple across the whole business. And cross-functional teams — from procurement and sales to finance and customer service — are left scrambling to react. Assembly lines pause.
Image: iStock/JuSun June 18, 2025 Helen Atkinson, Managing Editor “The future is already here; it’s just not evenly distributed,” wrote William Gibson in his 1984 novel Neuromancer. SCB Feature Report From DPW: What’s Next for AI in Supply Chain? That’s because the promise of artificial intelligence for supply chain operations is huge.
Today’s fast-moving supply networks demand more than intuition; they require systems thinking, digital fluency, and strong data skills. A Masters in Management Information Systems, especially earned online, offers a practical edge. Blending IT and management concepts, the degree helps them design leaner, more adaptable operations.
The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.
Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. The right procurement strategy ensures that organizations: Mitigate risks before they escalate. Want to future-proof your procurement function?
This leap in AI capabilities is revolutionizing industries, and AI-driven supply chain management is no exception. The Role of Agentic AI in Supply Chains Supply chains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting.
But to manage it all, supply chain professionals need action, not another dashboard. The connected ecosystem of composition agents works across fulfillment, procurement, planning, and logistics. Then, over time, they can apply the technology to more transformative tasks, processes, and frameworks.
Behind the scenes of every successful business lies a well-orchestrated machine made up of four critical functions: supply chain, logistics, transportation, and operations. Table of Contents What Is Supply Chain Management? What Is Logistics? What Is Supply Chain Management? What Is Logistics? What Is Operations?
According to Deloitte Insights , 83% of digitally maturing companies use cross-functional teams to improve supply chain performance. Supply chain management training allows team members to understand and appreciate the interdependencies of various functions. Identify and resolve bottlenecks more effectively.
and other global players goes beyond policy change to the point where it is structurally transforming international trade as we know it. s introduction of a universal 10% baseline tariff, for example, may appear a manageable challenge at face value. The recent wave of tariffs introduced by the U.S.
In 1982 Keith Oliver is credited with coining the phrase “Supply Chain Management” As I began my career in 1982 I can attest to the fact that the term Supply Chain was not in general use at that time. Let’s take some time to celebrate the 40th anniversary of Supply Chain Management !
From procurement to delivery, supply chain leaders are expected to make faster, smarter decisions based on volumes of performance indicators, forecasts, and reports. The Rise of Visual Intelligence in Supply Chain Management Traditionally, supply chain data has lived in spreadsheets, ERP systems, or complex dashboards.
That includes everything from raw materials and manufacturing to packaging and logistics. Known as Scope 3 emissions, these are also the most difficult to measure and manage. Tesco and Walmart have announced procurement policies aimed at reducing carbon emissions and promoting sustainability throughout their extended supply chains.
To meet this moment, health systems must adopt a more resilient, transparent, and data-driven approach, powered by digitaltransformation. Beyond Digitization: The True Role of Transformation While digitaltransformation is often associated with digitizing records or automating manual tasks, its true value is far broader.
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.
Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. We need to rewrite these systems and introduce new taxonomies to manage hyper-variability. Procurement must adjust accordingly.
Definition: Category management is a systematic way to organize and supervise groups of products or services within a company. In category management, you sort items with similar characteristics and treat each group as a separate unit. Category management isn’t just another procurement trend.
Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Why You Need Visibility of Supply Chain and Procurement KPIs? Running procurement and supply chain without metrics is like driving blindfolded.
In the world of logistics, where timing, coordination, and precision are everything, documentation often operates behind the scenes—yet it holds the entire system together. As such, this article explores why accurate documentation is not just administrative busywork but the backbone of logistics operations.
Advanced Automation Systems: Seamless integration of automation is essential for digital manufacturing. Transportation and Logistics: Increased production volume complicates logistics. Coordination of Multiple Shifts: Managing multiple production shifts introduces new challenges in maintenance scheduling and equipment downtime.
First, employees must be educated in basic AI operations, ethical use of the technology and responsible data management. For companies that are in the early stages of digitaltransformation, and still dependent on spreadsheets and legacy systems, traditional AI works extremely well, according to Wood.
As operators struggle to build agility and scale while they manage costs, the use case for person-to-goods (P2G) robotics is more compelling than ever. Each requires specialized expertise, careful planning and targeted investment.
Time to Start Preparing for the Digital Product Passport SCB FEATURE Selling Into the EU? Time to Start Preparing for the Digital Product Passport Photo: iStock.com/ Alexandros Michailidis June 16, 2025 Robert J.
With international commerce increasingly digitalized and customer requirements continuing to grow, the demands on supply chain professionals to create frictionless, responsive, and cost-effective operations have never been higher. Check out SCMDOJO’s Inventory Optimization Tool , and enhance your inventory management capabilities!
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