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The IMMEX (Industria Manufacturera, Maquiladora y de Servicios de Exportacin) program, established in 2006 by the Mexican government, was designed to promote foreign investment, boost manufacturing, and increase exports from Mexico. It allows companies to temporarily import goods duty-free into Mexico if these goods are used in manufacturing or processing for export.
In todays volatile global landscape, wholesale distributors and aftermarket companies face an uphill battle to maintain service levels, manage costs, and ensure competitiveness. ToolsGroup identifies five key drivers shaping the future of supply chains: changing customer expectations, heightened competition, rising operational complexity, technological advancements, and geopolitical tensions.
Global supply chain disruptions continue to derail manufacturers in the high-tech, automotive, and renewable energy sectors as they grapple with long lead times, higher prices, and electronic component shortages. Compounding matters is the increased market demand for new applications in AI, 5G, and IoT which intensifies the scarcity of critical components.
Executive Summary Gain Supply Chain Visibility and Eliminate Modern Slavery Risks As global regulations on modern slavery grow stricter, multinational corporations face increased pressure to ensure transparency and compliance in their supply chains. Noncompliance can lead to financial penalties, reputational damage, and operational disruptions. Exigers platform offers a risk-illuminated knowledge graph, leveraging proprietary and open-source data to map supplier networks down to the raw material
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Source: mainebiz.biz In today’s rapidly evolving logistics and supply chain sector, warehouses are increasingly turning to innovative technologies to gain a competitive edge. One such advancement is the integration of warehouse robotics, which has revolutionized the way tasks such as sorting, picking, transporting, and packaging goods are performed.
Ready to unlock the secrets of the supply chain training platforms? These supply chain training platforms offer a treasure trove of knowledge to elevate your skills and drive business success. We have compiled this information after careful and in-depth research. Before we deep dive into the details of each supply chain training platform, look at the summarised value proposition table we have made for you: Which Supply Chain Training Platform to Choose?
Ready to unlock the secrets of the supply chain training platforms? These supply chain training platforms offer a treasure trove of knowledge to elevate your skills and drive business success. We have compiled this information after careful and in-depth research. Before we deep dive into the details of each supply chain training platform, look at the summarised value proposition table we have made for you: Which Supply Chain Training Platform to Choose?
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By Dwight J. Lawrence (pictured) Content Writer The post What Is the Price of a Manual Interlocking Brick Making Machine? appeared first on IT Supply Chain.
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When outsourcing, you generally want to keep costs to a minimum. This isn’t rocket science, as we all want bigger profit margins. However, there are some risks when you outsource to a low cost country, like: Quality control remains one of the biggest challenges. Without robust quality management systems in place, you can face significant product defects and inconsistency between batches.
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Thirteen years. 600 posts. Where does time go? For over a decade, since founding Supply Chain Insights in 2012, I have pounded the keyboard, asking business leaders to think more holistically about the impact of supply chain decisions on the firm’s value, the improvement of a value chain, and the impact on the environment. If written today, my gravestone would read, “Here lies Lora.
Daniel Hendrix and Joe Lynch di scuss how Bloodhound is transforming cargo security and tracking. Dan is the Director of Business Development for Bloodhound Tracking Device, the new standard in track and trace technology. About Dan Hendrix Daniel Hendrix is the Director of Business Development for Bloodhound Tracking Device, Inc., where he leads efforts in bringing cutting-edge tracking and security solutions to the supply chain industry.
20-year industry veteran brings deep technical expertise and leadership to guide ToolsGroups next phase of growth BOSTON February 4, 2025 ToolsGroup , a global leader in supply chain and retail planning and optimization software, today announced the appointment of Sean Elliott as its new Chief Executive Officer, effective immediately. Elliott brings more than two decades of strategic leadership and technical expertise in supply chain software development and leadership to ToolsGroup.
“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.
Supply Chain & Logistics News February 2nd-6th 2025 The global supply chain never sleeps, and this weeks headlines reveal the fast-moving shifts shaping logistics, trade, and technology. From the U.S. Postal Service reversing its package ban from China to LGs big robotics acquisition, companies are adapting to new regulations and automation trends.
Seldom does one company manage to make a trillion dollars disappear from its competitors’ stock market valuations in a single day. Nevertheless, a little-known Chinese artificial intelligence start-up named DeepSeek did just that and overnight became one of the world’s most famous companies. Journalists Madhumita Murgia , Richard Waters , and Eleanor Olcott report, “Its release of a new AI model, known as R1, upended assumptions about US supremacy in AI and raised the prospect
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BOSTON February 3, 2025 ToolsGroup , a global leader in supply chain planning and retail optimization software, today announced it has been positioned as a Leader in the IDC MarketScape: Worldwide Supply Chain Planning for Spare Parts/MRO Industries 2024 Vendor Assessment (Doc ID #US51541424, December 2024). IDC evaluated 12 key vendors in the Spare Parts/MRO Supply Chain Planning Marketscape based on each vendors current capabilities and future strategy.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
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“The concept of digital twins,” writes freelance journalist Elizabeth Wallace , “has been a game-changer in digital transformation. Theyve provided a virtual mirror to physical assets, processes, or systems and [enabled] unprecedented levels of analysis, monitoring, and prediction.”[1] The concept certainly hasn’t gone unnoticed.
In today’s interconnected world, ethical sourcing has transitioned from a “nice-to-have” to a critical imperative for businesses across all sectors. Consumers are increasingly demanding products that are not only high-quality and affordable but also produced ethically and sustainably. This heightened awareness places a significant responsibility on procurement professionals to ensure that their supply chains align with ethical and environmental standards.
Modern procurement professionals need to be among some of the most highly skilled workers in any organization, and we want to help you identify exactly what essential procurement skills you need to lead your team as the industry continues to grow and evolve. Were going to examine what skills are necessary for procurement leaders, why theyre important, and how you can effectively train to lead your team in a highly complex and still-growing field.
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.
In a move to transform global trade and minimize disruptions in supply chains, Transmute and mesur.io have announced their strategic combination to reduce supply chain risk and improve enterprise resilience. Together, the companies will deliver their joint expertise through a unified platform that will make global trade more transparent, secure, and ethical.
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