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Companies leaning heavily on global sourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Strategic moves like bulk buying, closer supplier partnerships, and syncing procurement with supply chain planning can tighten inventory, cut waste, and free up cash.
Now, if you're the type who likes to go deep into the specifics, you can watch the full video of our webinar above. Important Note: The tariff figures and information provided here offer a snapshot of the situation discussed during the Stord/Wayflyer webinar on April 22nd, 2025, and are intended to illustrate the potential scale of impact.
By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. In terms of inventory strategy, First Insight assigns each SKU a unique “Value Score” based on a range of factors, including pricing, likeability and consumers’ likelihood of purchase.
Webinars Five Ways AI-Enabled Digital Twins Will Shape the Future of Supply Chains Technology Ships’ Electronics Increasingly Jammed Since Israel Struck Iran Global Gateways Watch: The Crisis in Access to Critical Raw Materials Supply Chain Visibility Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant?
By implementing an AI-powered planning solution that analyzed inventory levels, forecast needs and guided agents to service revenue-producing assets, the company was able to redefine its business model and save roughly $100 million. The business required 100% vehicle uptime but struggled to meet this goal and manage spare parts inventory.
Artificial Intelligence Supply Chain Visibility Regulation & Compliance Sourcing/Procurement/SRM Supply Chain Security & Risk Mgmt Sustainability & Corporate Social Responsibility RELATED CONTENT RELATED VIDEOS Subscribe to our Daily Newsletter! Yee Chow is global head of strategy and implementation at Zevero.
Bowman, SupplyChainBrain In the rush to adjust sourcing strategies in line with current trends in international trade, the answer might be to think small. And they can identify alternative sources in the event of a disruption in the primary supply line, whatever the cause. The conversations are becoming real,” he says.
Supply chain was defined in 1982 as interoperability between source, make and deliver. It includes hedging strategies, alternate bill of materials, supplier sourcing strategies, changing routs to market, redesigning push/pull decoupling points, demand shaping policies, and use of outsourced manufacturing and distribution.
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SPECIAL REPORT AI: Real or Hype? Image: iStock/koto_feja July 9, 2025 Sponsored by DELMIA No other technology in recent history has received as much attention as artificial intelligence.
Centralized medication management platforms allow hospitals to track and manage inventory across departments and facilities in real time. Teams spend less time reconciling inventory manually and more time on strategic, patient-facing work. Digital tools help shift that burden.
In sectors where product assortments shift throughout the year, for example, AS/RS may require different bin sizes to accommodate new inventory, while P2G operates independently of bin structures, allowing for seamless transitions.
The regulation is designed to provide European consumers with extensive data about the provenance of the items they purchase, all the way back to the sourcing of raw materials. Beyond the promotion of ethical sourcing, it’s also about “how we can extend the life of products,” Balaam says.
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Provides various educational opportunities, such as conferences, workshops, and webinars. SCMDOJO is highly specialized, offering top-notch courses, free webinars, podcasts, tools, and more. SCMDOJO However, SCMDOJO not only provides on-demand courses but also facilitates free webinars and podcasts. These questions look at it.
Since January, Canadians’ weekly grocery trips have become a real-time indicator for the potential impacts of tariffs as shoppers have responded to threats with a showcase of buying power, prioritizing nationally sourced and manufactured products even before a single tariff was enacted. goods were “ rapidly dropping.”
Respondents believe inventory and supply chain management are the functions that have the most to gain from the deployment of AI. Here are some further key takeaways from the survey and our recent webinar on AI. Taulias models draw from dozens of data sources, encompassing billions of data points.
The problem lies in effectively balancing inventory across the supply chain. When demand surges, inventory needs to rise, and vice-versa. However, as we’ve seen in recent years, predicting these shifts and adjusting inventory accordingly is far from simple.
I recently hosted a webinar in which our star speaker was Lora Cecere, Founder at Supply Chain Insight. Here are some of the lessons I took away from the webinar. These levers could be alternate sourcing, alternate routing, changes of push-pull decoupling points, or even changes to the product portfolio.
By pinpointing suppliers in affected regions and analyzing their capabilities and products, clients can proactively identify alternative sources, ensuring continuity and minimizing operational disruptions. Source: Cal Fire) A Red Flag Warning zone, represented in pink, highlights areas where critical fire weather conditions are expected.
This blog distills the key insights from the MITx MicroMasters in Supply Chain Management webinar featuring Bhaskar Ballapragada , Chief Technology Architect at ThroughPut Inc. Spreadsheets and CSV files Production and warehouse management systems External data sources (weather, market trends, etc.)
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For smaller fashion brands, as highlighted by Glossy , the financial burden of tariffs can be especially acute, often forcing them to absorb higher costs or shift their sourcing strategies entirely. China tariffs continues to evolve, impacting industries from tech to fashion. Timely, incisive articles delivered directly to your inbox.
This blog distills the key insights from the MITx MicroMasters in Supply Chain Management webinar featuring Bhaskar Ballapragada , Chief Technology Architect at ThroughPut Inc. Spreadsheets and CSV files Production and warehouse management systems External data sources (weather, market trends, etc.)
The knock-on effects included delivery delays, inventory shortfalls and price spikes across multiple industries. That detour added up to 12 days of transit time and increased shipping costs by approximately $1 million per voyage, according to reporting from Bloomberg and Maersk’s own advisories.
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When everyone operates from the same source of truth, decision-making gets faster, more accurate and far less dependent on legacy processes. That’s not sustainable, especially when facing increasing pressure to scale and turn a profit in a challenging market. For this reason, centralized data governance is becoming essential.
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Loans can save you everything, from funding inventory purchases to pay for innovations in common functions. Grown from the concept of the e-commerce supply chain – end-to-end process from product sourcing through delivery, it has become the determining factor in a business advantage. Jared Weitz is a U.S.-based
Shift to Ocean During a Freightos webinar in January, Judah Levine, Freightos’ head of research, said that there are signs that some Chinese exporters and US e-commerce importers or sellers are starting to build up inventories via ocean freight in potential anticipation of stricter de minimis rules. Cargo imported into the U.S.
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A significant point of concern is the dependency on single-sourced components, which poses considerable risks. This reliance necessitates a reevaluation of sourcing strategies and the development of contingency plans to ensure continuity of supply. Join one of our upcoming webinars! April 15 at 11 a.m.
Inside the company, Amazon has used AI tools for inventory placement, customer service and product listings. Jassy, in his letter, rattled off some of those initiatives, including the Alexa+ voice software, a shopping assistant, and tools for developers and businesses sold by the Amazon Web Services cloud unit. employer after Walmart Inc.,
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” This Webinar is free to anyone who wishes to attend and can be found by clicking the link below. This collaboration allows dealers and OEMs to automate inventory planning, optimize pricing, cut costs, and enhance service.
In a recent webinar , Jason Miller, Eli Broad Endowed Professor of Supply Chain Management at Michigan State University, highlighted this complexity: “Monthly and quarterly inventory reports…group all categories togetherInventories are up. Inventories are down. What should we do?
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This delay creates a dangerous blind spot for operators — higher landed costs, longer lead times and shifting sourcing patterns will start to accumulate in warehouses over the next two to 12 months. For many, this will be compounded by the risk of a recession, sharpening the consequences of excess inventory, stockouts or misallocations.
Mexico-Canada Freight Down in All Modes for April U.S.-Mexico-Canada Mexico-Canada Freight Down in All Modes for April Photo: iStock/grandriver June 27, 2025 SupplyChainBrain Total transborder freight in North America was $126.3 billion in April, decreasing 8.5% compared to April 2024, according to the U.S.
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