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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.
Advertise Contact Us Supplier Directory SCB YouTube About Us Login Subscribe Logout My Profile LOGISTICS Air Cargo All Logistics Facility Location Planning Freight Forwarding/Customs Brokerage Global Gateways Global Logistics Last Mile Delivery Logistics Outsourcing LTL/Truckload Services Ocean Transportation Parcel & Express Rail & Intermodal (..)
The recent port strike, the closed shipping lane that forced a shift to air transport, the bridge that blocked a port, even the grid brownout that slowed manufacturing, might have seemed like random disruptions. Who pays the crew of the ship that blocked your shipping lane? But take a closer look. This may sound like alarmism.
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.
action, particularly using such advanced weapon systems, likely foreshadows worsening conflict in the Middle East between Israel and Iran. The Strait of Hormuz, for its part, is one of the top strategic shipping straits in the world. the point at which goods are transferred between ships). This sudden and powerful U.S.
Increased Use of Scenario Planning Techniques A further evidence of such challenges was manifested in a Kinaxis blog published las week titled: How the Iran conflict triggered a 1,400% supply chain scenario planning surge. This posting indicated that in the days leading up to the U.S.
For ocean freight, this development could mean that importers from the impacted countries will resume shipping activities that they may have been planning to pause if tariff hikes materialized this week. Procure : Streamlined procurement and cost savings with digital rate management and automated workflows.
US demand for China-made goods ebbs on tariff worries; ocean shipping rates drop Rates for shipping cargo containers from China to the U.S. Target explores factory-direct shipping model, Bloomberg News reports Target (TGT.N) Target explores factory-direct shipping model, Bloomberg News reports Target (TGT.N)
Maritime agency warns shipping industry over rising Middle East tensions Increased tensions in the Middle East may lead to an escalation in military activity that could impact shipping in critical waterways, Britain's maritime agency said on Wednesday. Oceans Conference in the French city of Nice hopes to change that. investments.
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.”
Supply chain leaders should engage partners to identify and manage new shipping options. But back then we had plenty to do working on accounting systems, procurement, warehouse inventory control, retail store replenishment and labor planning - after all this was the dawn of the retail supply chain.
Click here to send us your comments That according to a recent blog post by the maritime analysts at Drewry, which noted that “More than five years have passed since the huge shipping disruptions, damaging port congestion, and cost spikes of the Covid period, but one feature has remained: freight rate volatility.” Supply Chain Digest Says.
bombing of three of Iran’s nuclear sites: Fordow , Natanz and Isfahan coupled with the Israeli air force’s ongoing air bombing of select military targets across Iran. As we pen this posting, Iran has reportedly launched missile attacks on U.S. As we pen this posting, Iran has reportedly launched missile attacks on U.S.
Strikes on IranShipping 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. airstrikes.
Container shipping rates have surged nearly 30 percent as ships continue to be diverted from the Red Sea due to attacks by Iran-backed Houthi rebels. The militant group started targeting ships off the Yemeni coast in November 2023 in what it said was a response to Israel’s war in Gaza. Ships with associations to the U.S.,
SupplyChainBrain Gartner: Iran-Israel Conflict a 'Stress Test' for Middle East Supply Chains More from this author Subscribe to our Daily Newsletter! Port Fees for Chinese Ships Ocean Transportation Canada Sets Deadline to Hike Steel, Aluminum Tariffs Against U.S. Timely, incisive articles delivered directly to your inbox.
Navy Issues Rare Warning to Ships Near Vital Hormuz Strait U.K. 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.
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?
trimming procurement load and freight cost. MSI’s Texas plant focuses on digital and screen-printed overlays for OEMs in the medical, computer and military sectors. Its “Why MSI” program groups overlay, die-cut gasket and warning label work under P.O.
Four fundamental practices: Based on (Ali Esfahbodi, 2016) research, Chinese and Iranian governments have focused their fight for SSCM based on four fundamental practices: sustainable procurement, sustainable production along with sustainable distribution , and reverse logistics.
And with less manufacturing output there were fewer container ships leaving Asia full of goods meaning activity in ports in North America and Europe would slow down rather quickly. Iran and Spain were highly infected. Whether you ship by land, air or sea you must know who your carriers are at every step. And the U.S.
Russia, Iran, North Korea, and ISIS : Call them “The Unpredictables” (you can probably add China to the mix too). planes and ships ); Iran and North Korea and their nuclear ambitions; ISIS exporting its brand of terrorism around the world; and China building islands in the South China Sea (and reportedly putting weapons on them ).
Judah Levine January 3, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01) increased 63% to $2,713/FEU. Asia-US East Coast prices (FBX03) climbed 55% to $3,900/FEU.
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