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Its a rollercoaster for logistics and supply chain leaders operating in global markets. Add emerging compliance requirementssuch as sustainability, transparency, and Environmental, Social, and Governance (ESG) regulationsto the mix and youve got an unprecedented, complex global trade environment. And as tensions between the U.S.
The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Addressing Energy Challenges in Logistics The logistics sector is a significant contributor to greenhouse gas emissions.
In today’s interconnected global economy, sustainability within supply chains and logistics has become a necessity rather than an option. Regulatory demands, rising consumer expectations, and global challenges such as climate change and social inequality have made sustainable practices a strategic priority.
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. Technology Integration : Use of technology in logistics, inventory management, and supply chain tracking has helped improve efficiency and transparency.
Logistics Service Providers (LSPs) have a lot on their plate. In response to the growing complexity of the modern global supply chain, logistics service providers are embracing digital supply chain solutions powered by new IoT tracking technologies and data analytics. How can the modern LSP stay competitive in the age of IoT?
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 globalsourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy.
Supply Chain & Logistics News Round-Up (October 7th – 11th) This past week, I’ve been playing tourist in London, one of my favorite cities in Europe. The shortage has not impacted Charlottesville’s other major healthcare provider, Sentara Health as this organization sources its IV solutions from a different manufacturer.
Supply Chain & Logistics News January 2nd-6th 2025 The global supply chain never sleeps, and this weeks headlines reveal the fast-moving shifts shaping logistics, trade, and technology. Song of the week: The post Supply Chain & Logistics News January 2nd-6th 2025 appeared first on Logistics Viewpoints.
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.
In “2025’s Top 100 3PLs: How Logistics Giants are Confronting Uncertainty”, Joe Lynch and Seth Clevenger , Managing Editor of Features and Multimedia at Transport Topics, discuss the Top 100 logistics companies, 2024 performance, changes to the list, and the trends impacting the industry.
As industries evolve and global markets expand, ethical considerations have become central to supply chain compliance. Balancing Cost-Efficiency with Ethical Sourcing and Compliance Cost-efficiency remains a primary driver for supply chain strategies, but it must be balanced with ethical sourcing practices.
tariffs on imports from Canada, Mexico, and China is impacting global trade networks, affecting industries ranging from automotive and electronics to agriculture and energy. auto parts are sourced from Mexico, making the tariff impact immediate and severe. Conclusion: A New Reality for Global Trade? Approximately 40% of U.S.
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. Song of the week: The post Supply Chain & Logistics News February 2nd-6th 2025 appeared first on Logistics Viewpoints.
BSR recommends planning for automation and migration impacts, building regional sourcing hubs, digitalizing supplier assessments, enhancing transparency, and embedding climate-smart planning to create resilient and sustainable supply chains.
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities. Public Sector : Government agencies are engaged with supply chains from multiple perspectives.
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities. Public Sector : Government agencies are engaged with supply chains from multiple perspectives.
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.
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.
While past efforts focused on meeting compliance requirements, organizations are now working to proactively embed environmental, social, and governance (ESG) principles into their sourcing, production, and distribution activities. Building supplier capabilities while maintaining sourcing flexibility requires additional investment.
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. Design product flexibility to include materials sourced for US and non-US markets or quickly adapt to different sources of materials.
Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. With the global e-commerce market predicted to reach $8.1
SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. The post Key Takeaways from SAP Spend Connect Live appeared first on Logistics Viewpoints.
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. For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital.
Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. 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.
Unprecedented levels of uncertainty and disruptions, market volatility, and rapidly evolving customer demands has exacerbated the challenge of data overload for global supply chains. Companies must harness a wide variety of data structures and formats, spanning internal and external sources.
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. Ready to Transform Your Freight Operations?
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. The post Supply Chain Executives Face Growing C-Suite Complacency appeared first on Logistics Viewpoints.
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. Overview of Warehouse Robotics Warehouse robotics represent a revolutionary advancement in the logistics and supply chain sector.
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. John is CEO of FreightPath, an innovative talent firm that offers both a comprehensive learning management system and a direct candidate sourcing solution.
Supply chain and logistics functions have been one of the most volatile in the global economy of the last four years. The overall volatility was punctuated by shortages that were themselves brought about by the global COVID-19 pandemic. Source: J.P. I see that as a positive. I don’t see that as a positive.
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.
It requires a streamlined, reliable supply chain, from sourcing gear and managing equipment lifecycles to ensuring a seamless student experience. Much like gyms and wellness centers, diving schools operate within the broader fitness supply chain , which impacts how they source, sell, and serve. Treat it as your competitive edge.
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. Reducing reliance on single suppliers and diversifying supply sources can mitigate the impact of disruptions in specific regions or industries.
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.
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.
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.
From May 19 to 21, 2025, CeMAT Southeast Asia and LogiSYM Asia Pacific were co-located for the second consecutive year at Singapore EXPO, creating a comprehensive platform for the regions logistics and supply chain community. Geek+ was honored as Best Warehouse Robotics Company for its smart warehouse automation solutions.
Global Trade Compliance ( GTC ) solutions automate and streamline processes related to customs and regulatory compliance. Key drivers for this market are the sheer complexity associated with complying with global trade regulations and a desire to source and export in a manner that lowers tariffs.
Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing. 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.
As businesses face tighter regulations on product safety, sustainability, and ethical sourcing, Digital Product Passports (DPPs) are becoming crucial for navigating these challenges. For companies operating globally, quick access to accurate product information can help avoid penalties and maintain trust.
InterSystems is a rapidly growing global private company with nearly 2,000 employees and revenues of over $1 billion. Those can include suppliers, contract manufacturers, logistics service providers, customs brokers, governmental agencies, and other participants. Decisions need to be digitized. Who is InterSystems?
Global supply chains have been tested repeatedly by a series of disruptive events, including the COVID-19 pandemic, U.S.-China Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. China trade disputes, and natural disasters.
And now on to this week’s logistics news. Companies looking to sell guilt-free garments have long struggled to track a global supply chain that spins out 54 billion pounds of cotton per year. Lidl also shared that it had identified 11 critical raw materials and committed to setting responsible sourcing targets for each group of items.
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.
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