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This isnt a hypothetical scenario; its the daily grind for many businesses in 2025, where global trade rules shift faster than you can update your spreadsheets. Companies leaning heavily on global sourcing? Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos.
Amul’s Supply Chain The Indian dairy industry is among the fastest growing sectors globally, providing livelihoods for millions of farmers and contributing over 5 percent to the economy. Direct Procurement : Milk is collected directly from farmers at the village level. through net-enabled kiosks in the villages.
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.
Global Trade Compliance Is Not Showing Signs of Slowing Down Any Time Soon The Global Trade Compliance market is experiencing steady growth and is expected to continue this trend over the next five years. I have recently completed the latest ARC Advisory Market Analysis on Global Trade Compliance, available here.
BSR Releases Their Future of Supply Chains 2025 Outlook The Future of Supply Chains 2025 primer by BSR outlines key procurement priorities and forces of change that will shape supply chains. Song of the week: The post Supply Chain & Logistics News Round-Up (December 30th 2024- January 2nd 2025) appeared first on Logistics Viewpoints.
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.
This is the promise of smart contracts, a blockchain-driven innovation that’s beginning to impact the global supply chain industry. They remove the need for manual approval, third-party enforcement, and redundant paperwork, making global trade faster, cheaper, and with increased reliability.
While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker. The post Key Takeaways from SAP Spend Connect Live appeared first on Logistics Viewpoints.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Were raising the bar.
In order to effectively manage risks in the current unstable global marketplaces, many suppliers have a thorough understanding of their own suppliers as well as supply chain bottlenecks that extend past the top tier of suppliers. This means involving procurement in the highest levels of strategic planning and decision-making.
Michelle Dunstan, the Chief Responsibility Officer of Janus Henderson, expressed the need for global harmonization in regulations and the real tangible consequences of not following these laws. They will handle providing accurate data across their operations, including product sourcing, procurement, and transactions, to name just a few.
Procurement and sustainability functions often operate independently, leading to inconsistencies when ESG criteria are applied during sourcing and supplier management. Legacy procurement systems pose challenges, as they were not designed to capture and manage ESG-related data. Companies also face internal coordination issues.
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.
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.
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.
Geopolitical instability, extreme weather, labor shortages, and fluctuating consumer demand regularly impact globallogistics. They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks.
But todays global environment is more unstable than it was a decade ago. More recently, fluctuating trade policies have emerged as a persistent challenge, especially for firms with global footprints. Sudden tariff increases can quickly make a cost-optimized procurement strategy untenable, leaving companies scrambling to adjust.
Home No More Black Swans: The Age of Supply Chain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. What’s become increasingly clear is that there are no more black swans in globallogistics.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Were raising the bar.
Suketu is a partner and global chair for the Strategic Operations Practice at Kearney, a leading management consulting firm. About Suketu Ghandi Suketu Gandhi is a partner and global chair for the Strategic Operations Practice at Kearney, a leading management consulting firm.
Freight transportation makes up over 10% of total global carbon emissions. However, logistics managers cannot deliver against todays goals with yesterdays TMS systems. For example, when implementing air-to-ocean logistics strategies, the solution will weigh ocean freight more favorably than air freight.
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. The company, which achieved $ 57 billion in revenues in its last fiscal year, is the leading global supplier of PCs.
However, according to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supply chain executives are losing the strategic gains they made with their C-suite counterparts. Where in the extended network of suppliers, customers, and logistics partners has the problem that limits the plan arisen?
For the athletes to beat all odds over 329 events across 32 sports, the organizers had to navigate a significantly challenging global supply chain to successfully host this year’s games. The post Logistics and Supply Chain News (August 5th- 9th 2024) appeared first on Logistics Viewpoints.
Mark is the President and CEO of the Council of Supply Chain Management Professionals (CSCMP), a global organization dedicated to advancing the supply chain profession. FreightPath is renowned for its innovative cloud-based learning management system and candidate recruitment solutions tailored for the logistics industry.
So, I want to take this opportunity to reflect on the top 15 most popular logistics stories from 2021 and see what our readers found to be the most interesting. It was good mix of topics and authors, including a good number from our Logistics Viewpoints sponsors. So let’s take a look now at the 15 most popular logistics stories.
As logistics continues to grow more lucrative to the customer experience, 3PLs are playing an increasing role in the supply chain. To find the right logistics transportation services partner for your unique business needs, shippers should consider these five crucial characteristics. . Focus on Carrier Procurement and Management.
InterSystems is a rapidly growing global private company with nearly 2,000 employees and revenues of over $1 billion. That supply planning application needs to be integrated into an array of internal systems ERP, transportation management, warehouse management, procurement, and other applications. Decisions need to be digitized.
Molex is a global electronics manufacturer that makes and sells over 100,000 distinct products – connectors, cable assemblies, and a wide variety of other products. But the chief procurement officer has been made aware of the 10% of suppliers not participating. Molex is a private company headquartered in Lisle, IL in the US.
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. Standardizing materials across multiple products can enable greater flexibility in supplier selection and procurement.
And now on to this week’s logistics news. May air cargo volumes rise amid global disruption Freight market pressured again in May, Cass data shows General Motors (GM) is accelerating sustainability efforts in its supply chain, focusing on logistics, materials, packaging, and supplier engagement. percent, which is up from 5.7
Alexis Mizell-Pleasant and Joe Lynch discuss the next frontier in food logistics. Alexis is Managing Editor at Food Logistics and Supply & Demand Chain Executive. Food Logistics and sister publication Supply & Demand Chain Executive also operate SCN Summit and Women in Supply Chain Forum.
Already upended for two years by the COVID-19 pandemic, the worldwide logistics industry is facing new challenges. If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges.
FDAs Drug Supply Chain Security Act (DSCSA) and global standards like ISO 20400 for sustainable procurement are driving companies to adopt blockchain for improved compliance and accountability. This group now includes luxury brands globally, offering enhanced utility, transparency, and traceability.
Matt Mckinney and Joe Lynch discuss unlocking logistics profits. Matt drew upon his background at Uber Freight to tackle the massive problem of building a new structure for the legacy transportation payment system that supports the global supply chain.
In today’s dynamic and unpredictable business environment, companies face various challenges such as changing consumer demands, global uncertainty, and the impact of natural and man-made events. All the products and services purchased by procurement and supply chain organizations can be categorized into this two-by-two matrix.
Key takeaway Top challenge: Sourcing volatility driven by EV component shortages and fluctuating global tariffs. Additionally, managing a global supply chain with a mix of imported ingredients and packaging materials becomes a juggling act when tariffs impact costs and availability.
Chris Caplice and Joe Lynch discuss MIT Center for Transportation and Logistics and a wide range of logistics and supply chain topics. Chris is a Senior Research Scientist at MIT and serves as the Executive Director of the MIT Center for Transportation & Logistics (CTL). He received a Ph.D.
It employs 450 million people globally, and contributes $1.45 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. That’s because supply chain itself is huge, Koganti argued. trillion to U.S.
LSCMS Shippers Council: Logistics Excellence Through Collaboration The LSCMS Shippers’ Council is made up of Logisticians from large and well known and enterprises, as well as thought leaders from industry and academia. we closed the evening with taking group picture with proper social distancing at Clark Quay, Singapore.
Coupa Inspire 2025 opened with a bold message from the main stage in Las Vegas: the future of global trade isnt just digitalits autonomous. But now, it’s being activated through AI agents designed to automate sourcing, manage risk in real time, and reduce the friction thats long plagued procurement and finance functions.
I’ve said it before (right here in Logistics Viewpoints), but it’s worth repeating: the digital transformation of our complex global supply chains is an ongoing journey. Some examples: Procurement and Co-manufacturing : What is the impact of inbound transportation issues on materials? Why is this shift such a big deal?
This year has been one hell of a rollercoaster ride, with changes to the global trading environment every day. 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. As late as the 1990s, supply chains were very local.
The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. However, variability and global unrest is rising. Unrest in Sudan.
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