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Four Critical Steps That Will Separate Supply Chain Leaders as Recession Looms. In Part One of this blog post, we discussed in some detail how uncertainty connected to the global pandemic rippled outward to become an enduring threat to supply chain operations — and consequently, to the economy as a whole. We also looked critically at the idea that the recession that is now expected will give supply chains a chance to recover.
Today’s logistics teams are operating in an environment characterized by uncertainty on three fronts. Customers’ needs and expectations are constantly changing. The available talent pool of drivers, warehouse associates and other employees is small, which creates staffing volatility. And their operating conditions are extremely challenging and unpredictable, from skyrocketing fuel costs and tariffs to blocked shipping lanes and ongoing geo-political conflict.
Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Redwood City, CA, July 12, 2022 – Manufacturers are working to accelerate digitization initiatives to manage supply chain disruptions in 2022 and beyond, according to an original survey commissioned by Ivalua , a leading global spend management cloud provider.
Supply and Demand Chain Executive honors results-proven partnership with large U.S.-based furniture manufacturer. ATLANTA, GA (July 14, 2022) – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, has been honored by Supply & Demand Chain Executive , the only publication covering the entire global supply chain, as a recipient of the Top Supply Chain Projects Award for 2022.
The most natural part of life is finding like-minded people to connect with. As a result, we develop communities to feed that desire––to feel like we’re a part of something greater than ourselves, in an environment built on trust and similar interests, and to reach collective goals. Now, with an abundance of online communities, we can not only add value to our personal lives but also enrich the way we work.
With an ever-increasing number of mouths to feed and climate change affecting the agriculture sector in significant ways, the staff at Bayer reports, “The impact of climate change has led to a vicious combination of resource scarcity, harvest loss, and soil degradation.”[1] They add, “Rising pressure on ecosystems, such as climate change and soil erosion, already impacts farming today: We are losing 12 million hectares of agricultural land and approximately 1/3 (or 1.3bn tons)
With an ever-increasing number of mouths to feed and climate change affecting the agriculture sector in significant ways, the staff at Bayer reports, “The impact of climate change has led to a vicious combination of resource scarcity, harvest loss, and soil degradation.”[1] They add, “Rising pressure on ecosystems, such as climate change and soil erosion, already impacts farming today: We are losing 12 million hectares of agricultural land and approximately 1/3 (or 1.3bn tons)
The supply chain environment has seen incredible change over the past few years, from panic buying to supply shortages to historic inflation surges. These changes have all had a profound impact on how suppliers, distributors, and retailers manage inventory. These days, however, inventory is back in a big way – whether intentionally or not. In this article, we’ll look at the state of inventory management and how a 3PL can help your operations.
For decades, ASEAN manufacturing, once seen as a global phenomenon, had been overshadowed by the meteoric rise of Chinese factories. In 2019, China accounted for 28.7 percent of global manufacturing output and was regarded as the world’s manufacturing superpower. Of course, the pandemic then hit global shores, not to mention the ripple effects of global trade wars.
The emergence of e-commerce for ordering parts has made the experience as easy as buying a book or toaster on Amazon.com, enabling supply chain managers, product designers, engineers and others to carry out the process quickly and on demand.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
In December 2021, Ford released their updated Customer Specific Requirements (CSR). A significant “first” in requiring their suppliers to manage Failure Mode & Effects Analysis (FMEA) in software. The potential for other OEMs to follow suit is likely high and could permeate into sub-tier suppliers. This is a major departure from the past. The biggest problem with FMEA as it exists today is the use of Excel spreadsheets.
Do you know how your goods get from factory to fulfillment center? Or are some parts of your supply chain a bit…opaque? We get it, the global supply chain can be a tough topic to tackle, especially when you’re also trying to develop a new widget and expand your presence in a key market — all while keeping the lights on. Some days it’s enough to know your shipment is on a boat, somewhere, and that you’ll maybe get an email when it arrives at port.
Claudio Knizek, global leader of advanced manufacturing with EY , discusses the results of the firm’s new survey on shifting trends in industrial manufacturing and sourcing.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Inventory management is the term used to describe the approach an organization takes to source, store, track, and sell inventory. It’s an important activity for businesses – and particularly for large organizations that handle significant amounts of inventory – because it influences the broader processes of procurement and sales. For companies that have large volumes of inventory, it is usually advisable to use a dedicated system to manage inventory.
In a rare show of unity, all but one U.S. congressman voted in favor of the Uyghur Forced Labor Prevention Act in December 2021. The vote was a “rare victory for human-rights groups [that] reflects a bipartisan China hawkishness in Washington,” according to the Economist. China denies the existence of forced labor in Uyghur, and as the act went into force in late June, the Chinese Ministry of Commerce reiterated that “Chinese laws explicitly ban forced labor” and promised “necessary action” to d
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
Overview: Barriers to Mobility Implementation. Why Inventory Should Be Digital. Keeping Pace with Digital Change. IoT in the Supply Chain: A Digital Revolution. Embracing Digital Mobility for Inventory Management. Tips for Making Your Digital Inventory Mobile. Take the First Step in Your Digital Inventory Strategy. Mobile devices have fundamentally shaped the modern world.
Brief History of National Forklift Safety Day. The Industrial Truck Association founded National Forklift Safety Day in 2014 to highlight the safe use of forklifts and serve as an annual reminder of how important training and equipment checks are for every industry that relies on forklifts. This year was the 9th annual celebration , and BR Williams and Carolina Handling used the occasion to both celebrate employees and share more with them about the value of training and safety.
Direct-to-consumers business model is quite trending to fetch the eyes of the massive crowd for online shopping. Such models come with the idea of eliminating the mediators or intermediaries in a crystal-clear way to sell the brand products and enhance the sales funnel significantly. Traditionally, the manufacturer sells the brand products with the help of distributors, retailers, agencies, and wholesalers.
In this regular edition of our featured column, Supply Chain Matters This Week in Supply Chain Management Tech , we provide highlights of two noteworthy supply chain management focused technology development efforts which we believe would be of specific interest to our global-based multi-industry supply chain readership. We include this week’s announcement of selection of a new U.S. battery production site for Panasonic, and completion of Series D funding round for on demand warehousing provider
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Amazon Prime Day may have returned to its sweet spot of mid-July, but it was not immune to the current economic challenges. And neither were the retailers that planned to ride the coattails of the annual shopping event. With inflation at a 41-year high of 8.6% in June, many consumers are tightening their belts and being more conservative with their spending.
Cargo vessels, planes, and semi-trucks portray freight transportation as they cross great distances to get loads to their final destination. However, without the correct paperwork, freight can’t leave the ground. Among the vast amount of documentation required to keep the supply chain running, few bring more apprehension than the carrier claims process.
Starting its life as a corporate social responsibility initiative introduced by the UN, the Environmental, Social and Governance (ESG) movement has had a significant impact on investment trends over the past twenty years, with sustainable investments totalling more than $35 trillion according to the Global Sustainable Investment Alliance.1. As part of a framework for delivering against the UN’s 17 Sustainable Development Goals , ESG initiatives have shifted to the top of the agenda for almost al
The national vacancy rate for industrial real estate is a very low 4.7% and falling. The pandemic-related rise of eCommerce, combined with companies holding onto more inventory to guard against supply chain disruptions, has led to a tight real estate market where companies are battling for available space. Though less tight than the major markets, capacity can still be hard to come by if you’re looking for a warehouse in North Carolina.
Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.
TMS software for shippers is more than just a fancy buzzword or an “‘in thing” to do in the shipping and supply chain market today. The value of integrated and optimized TMS software comes from improved insight into industry trends and the ability for shippers, transportation providers, and logistics service providers to predict and plan for capacity and freight management fluctuations.
Design Updates. Precoro’s goal is to make your purchasing-related tasks automated and easier to complete, so our team is constantly working on improving user experience for the customers. We are excited to announce a major design update in Precoro – it’s become even more user-friendly and easy to use. We’ve refreshed fonts, buttons, and color palette – of the interface in general and specifically of statuses.
As the aerospace world gathers in southern England next week for the first major commercial show since 2019, the stakes are particularly high for one half of the global planemaking duopoly.
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