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The Logistics Data Challenge The logistics sector is awash with data, from shipment volumes and freight rates to sustainability metrics and supplier performance. Ritzmann emphasized the need to align data collection with specific business goals, such as procurement optimization, sustainability reporting, or supplier performance management.
Koganti urged the procurement audience to look for whats referred to as “foresight function” in planning tools, which is capable of enhancing data analysis, scenario generation and trend identification , allowing for more informed and proactive decision-making, albeit with human oversight.
Tesco and Walmart have announced procurement policies aimed at reducing carbon emissions and promoting sustainability throughout their extended supply chains. AI can integrate with procurement platforms, utility meters, logistics trackers and internet of things sensors to gather real-time data. Retailers are following suit.
If a major customer leaves, an AS/RS investment could become a stranded asset that sits on the balance sheet and drags down financial metrics such as return on asset (RoA) or other profitability measures. Risk Mitigation and Financial Stability The same flexibility helps mitigate longer-term financial risk.
According to the New York Times, Iran sent a barrage of missiles into Israel on June 20 that struck in several places, including Haifa, where two people were severely injured. Earlier, Israel announced it had conducted overnight strikes on missile factories and a research center linked to Iran’s nuclear program.
The latest escalation of violence between Israel and Iran had raised fears over a possible closure of the Strait of Hormuz, a critical export channel. While such a move isn’t likely at this point, “we can’t take for granted just how concentrated some of these production and supply chains are,” Taylor said in an interview. “For
Iran, North Korea and cybercriminal syndicates are adopting similar tactics, using logistics as an entry point to destabilize commerce and confidence. While China gets most of the headlines, it’s not alone. These actors understand that commercial flows are more fragile and target-rich than traditional military hardware.
Europe’s re-armament drive — known as the Re-Arm Europe programme — is a fast-moving shift from peacetime procurement to wartime production. Think your sector is immune? Think again. Backed by over €800BN in spending and new EU initiatives such as EDIP and ASAP, it’s redrawing the map of defence supply.
RELATED CONTENT RELATED VIDEOS Logistics Logistics Outsourcing Regulation & Compliance Sourcing/Procurement/SRM Supply Chain Security & Risk Mgmt Related Articles Podcast | The Changing Labor Landscape: How Are Workers and Employees Responding? Show notes: A blog post from SPS Commerce: “Staying Agile in the Face of Tariffs.”
Financial performance metrics are valuable as they capture the economic consequences of business decisions. Where is the metric for determining the sources and uses of cash from three perspectives - operational, investment and financial? Assess and mitigate exposure to new global transportation bottlenecks 2.
Financial performance metrics are valuable as they capture the economic consequences of business decisions. Where is the metric for determining the sources and uses of cash from three perspectives - operational, investment and financial? Michael Hurd Lean Consultant, Unemployed Posted on: Jun, 10 2017 A Very Good Article.
This Exiger Executive Forum in London brings together elite voices from strategy, policy, technology and procurement to equip leaders with the frameworks and foresight needed to navigate the multipolar era. Request a demo Resources In the News NewsNation – June 24, 2025 Iran Tensions & Oil Prices – What It Means for U.S.
Strikes on Iran Shipping on High Alert in Mideast After U.S. Strikes on Iran June 22, 2025 Bloomberg The shipping industry was placed on high alert on Sunday with warnings that Tehran could retaliate against commercial vessels following after U.S. airstrikes against Iran’s nuclear facilities.
This Exiger Executive Forum in London brings together elite voices from strategy, policy, technology and procurement to equip leaders with the frameworks and foresight needed to navigate the multipolar era. Request a demo Resources In the News NewsNation – June 24, 2025 Iran Tensions & Oil Prices – What It Means for U.S.
SupplyChainBrain Gartner: Iran-Israel Conflict a 'Stress Test' for Middle East Supply Chains More from this author Subscribe to our Daily Newsletter! Timely, incisive articles delivered directly to your inbox.
Navy Issues Rare Warning to Ships Near Vital Hormuz Strait Two oil tankers are seen at a distance in the waters of Strait of Hormuz in Hormuz Island, Iran. and Iran are continuing talks about Tehran’s nuclear program, the future of which remains uncertain. Navy Issues Rare Warning to Ships Near Vital Hormuz Strait U.K. and U.K. -Led
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?
Starting on June 30, the government will also begin to limit federal procurement of steel and aluminum to domestic suppliers. "As According to a June 19 release, Canada will adjust its counter-tariffs on U.S. As Canada negotiates a new economic and security partnership with the U.S.,
However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. Other geopolitical risks, such as tensions between Russia and Ukraine, along with unpredictable regimes in Iran and North Korea, have the potential to disrupt global supply chains as well. The cost of U.S.
And chances are that few in the procurement field have ever given much thought to whether they were sourcing “high-carbon” steel or aluminum. Under the existing EU Emissions Trading Scheme, large European GHG emitters must purchase carbon allowances—the equivalent of a tax—for every metric ton of carbon-dioxide they emit.
And you can’t forget about the other Unpredictables: Iran, Russia, China, and ISIS; all of these entities could have a destabilizing effect on world peace and prosperity. More stringent customer delivery requirements is another factor that’s driving demand for real-time visibility, with On-Time In-Full (OTIF) becoming a more critical metric.
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