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Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. Traditional procurement, with its long-term contracts and rigid supplier ties, just isnt cutting it anymore. Traditional procurement, with its long-term contracts and rigid supplier ties, just isnt cutting it anymore.

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Is Nearshoring the Solution to Rising Transportation Costs?

Logistics Bureau

The explosion in globalisation, and corresponding reduction in transport availability over the last decade or so, have together kiboshed some of the factors which once fueled a steady growth in offshore manufacture and procurement. Indirectly, the rest of the world benefits too.

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How Tariffs Disrupt Supply Chains: A Closer Look at Strategy, Inventory, and Resilience

RFgen

Tariffs are reshaping sourcing strategies, forcing tech upgrades, and making inventory planning a lot more complicated. For global businesses relying on real-time logistics and lean inventory models, the question is how prepared is your supply chain when tariffs hit? How Do Tariffs Affect Supply Chains?

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Revisiting of 2024 Supply Chain Predictions – Part One

Supply Chain Matters

This prediction was our view that direct materials sourcing and procurement organizations by their role would continue to provide a de-facto presence and accountability for investment in and enhancements of supplier risk management and controls. This shift is marked by a decline in direct U.S.

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The State of U.S. Logistics is One of High Uncertainty

Supply Chain Matters

This in the second half of 2024, businesses front-ended added inventory purchases to mitigate higher costs of goods. That has generally driving up safety stock inventory levels and warehousing costs. percent in inventory storage and carrying costs, and 2.8 As the results of the U.S. Costs in all of 2024 rose a reported 5.4

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Vietnam Inks Deals to Buy $3 Billion U.S. Products Before Talks

Supply Chain Brain

Products Before Talks Vietnam Inks Deals to Buy $3 Billion U.S. Billion I Have to Actually Buy This Thing Before It Will Work?

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Global Production Activity Levels Remain in Contraction at the End of 2024

Supply Chain Matters

At the end of 2024, global production and procurement activity levels are equivalent to the beginning of 2019, the year prior to the Covid-19 global pandemic. ( manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. and thus 2024 provided a 0.8