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Integrating ESG across supply chains presents clear operational and strategic challenges that require focused attention. Procurement and sustainability functions often operate independently, leading to inconsistencies when ESG criteria are applied during sourcing and supplier management.
Geopolitical instability, extreme weather, labor shortages, and fluctuating consumer demand regularly impact global logistics. They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. Amazon is a leader in AI-driven supply chain management.
Home Making Logistics Data Actionable: Insights from Freightos and Gryn July 7, 2025 Blog Data is the backbone of efficient decision-making. However, transforming raw data into actionable insights remains a significant challenge for many logistics organizations. Prioritize Critical Data Sets Not all data is equally valuable.
Procurement became a logical place for leading healthcare systems to focus. As vice president of supply chain and procurement, Mr. Wengert was brought in to drive change. Hospital chains’ approach to procurement lagged far behind the practices employed by manufacturers, retailers, and distributors. “We The post At St.
Each presentation was exceptional, and the event viewed ESG from a holistic but pragmatic perspective. They will handle providing accurate data across their operations, including product sourcing, procurement, and transactions, to name just a few.
In an age where supply chains stretch across continents and rely on increasingly complex data streams, the ability to present data clearly and effectively is no longer a luxury—it’s a strategic necessity. That’s where visual storytelling and structured presentation frameworks come into play.
” In this type of presentation, I struggle to sit in my chair. I prefer a grounded, data-driven presentation focused on improving value. Examples are consensus forecasting, the evolution of the SCORE model, the Annual State of Logistics Report, and the Gartner Top 25. During the pandemic, logistics was a constraint.
However, logistics managers cannot deliver against todays goals with yesterdays TMS systems. Ideally, TMS systems should present emissions, costs, lead times, and other principal metrics comparisons side-by-side instead of in silos. Reducing emissions from transportation is crucial to achieving organizations sustainability goals.
Standardizing materials across multiple products can enable greater flexibility in supplier selection and procurement. But the increasing complexity presents opportunities for companies to drive innovation and resilience.
Together, they presented the vision for the future and innovation priorities. Industry-specific content is available for processes like Source to Settle, Procure to Pay, Order to Cash, and more. Concepts like GenAI Assistants and Agents were presented, offering conversational interfaces and on-demand analysis.
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. The post Unmasking the Supply Chain: How Blockchain Brings Transparency and Trust appeared first on Logistics Viewpoints.
Charting the Course to Sustainable Transportation: Our Journey to a Greener Future Introduction At LogiSYM Platinum in October, 2023, t he LSCMS Shippers Council recently hosted a round table event, bringing together key players in the logistics and supply chain management sectors to discuss the pivotal theme of sustainable transportation.
Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. For example, a student might work on a project that involves analyzing sales data to predict future product demand, thereby learning how to adjust procurement strategies accordingly.
Overcoming Unique Challenges in Spare Parts Supply Chains Spare parts supply chains present unique challenges that differ significantly from traditional finished goods logistics. The landscape is more complex, as it involves maintaining a wide range of components critical for equipment maintenance and repairs.
Digital Opportunity for 3PL Logistics Operations! Below are some common problems in supply chain management and how they can be mitigated with the assistance of software solutions and digital strategies in logistics. Failed customer expectations Logistics management software often has difficulties in fulfilling client expectations.
Everything from procurement to last-mile delivery comes under the supply chain umbrella, and boosting efficiency here drives better business results. Sensitive supply chain data, such as customer order information and logistics partner data , are always secure leading to better customer experiences and logistics partner relationships.
Third-party logistics providers are expected to face heightened cybersecurity threats.” They explain, “Rising tariffs, export restrictions and a lack of supplier diversity are making rare metals more expensive and difficult to procure. 4] Inside Logistics, op. 4] Inside Logistics, op.
Strategic Sourcing Is Smart Procurement Strategic sourcing is thus a smart approach to procurement because it considers each sourcing project to be unique based on analysis, insight and knowledge of the marketplace. cost, products, legal terms, logistics etc.) Draw up a portfolio of suppliers incumbents and alternatives.
The company saved 700 man-hours annually on admin and increases its share of certified suppliers by 20% Madrid, 13th May 2025 JAGGAER bolsters the digitalisation of procurement processes at Cosentino, a Spanish family-owned company with an international presence and a world leader in the production of surfaces for architecture and design.
Just when shippers catch a break, the landscape shifts again, forcing procurement teams to adjust strategies in real time. About Xeneta Xeneta is the leading ocean and air freight rate benchmarking and market analytics platform transforming the shipping and logistics industry. tariffs are reshaping freight.
The Digital Supply Chain involves the real time awareness of everything going in throughout the end-to-end Supply Chain, enabled by electronic connectivity and the automated presentation of information and analytics to inform and make the best possible decisions. Making presentations involved creating acetate slides, or transparencies.
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.
These disruptions can occur due to decreased consumer demand, supplier instability, or logistical challenges. Double-Edged Sword of Inventory Management: Declining demand presents a significant dilemma for inventory management. sea, rail, air) helps mitigate risks related to fuel prices or logistics bottlenecks.
Category management isn’t just another procurement trend. What procurement teams need is a clear view of their spend, tighter control, and a strategy that delivers lasting value—exactly what category management provides. The goal is to get the best results from every category. It’s tactical and short-term.
While many manufacturers rely on ERP systems for procurement, these platforms are designed for broad business management rather than the intricate demands of sourcing, supplier collaboration, and cost control in a manufacturing environment. Industry-Specific Expertise – Not all ERP solutions are created equal.
While multi-industry logistics, transportation and customer fulfilment teams might have languished with a sigh of relief, they are likely to be aware that this new contract is not a done deal yet. Disagreements Remain One of the contentious topics involved in these labor contract negotiations was tolerance for future port automation.
This situation presents a double-edged sword for many companies. Holding the ball All of this uncertainty has left supply chain managers in a difficult position, balancing how much inventory to procure, how much it will cost, and how much they’ll actually need as consumer health remains in question.
The last five years have prompted many businesses to interrogate whether their pricing processes are fit for purpose, but the extreme challenge presented by the current trade policy landscape has heightened that need. Andrew Butt is founder and CEO of Enable.
Procurement teams may use one platform, while logistics depends on another, and finance runs an entirely separate system. Streamlining Procurement Through Intelligent Automation Procurement plays a vital role in supply management, yet many of its processes remain manual and outdated.
The Supply Chain Matters blog provides observations and additional information perspectives related to the 2025 State of Logistics report. Background and Summary Earlier this month, the Council of Supply Chain Management Professionals (CSMP) released findings from its annual State of Logistics research report. percent of national GDP.
As a leading vendor of procurement technology and solutions to manufacturing companies around the world, JAGGAER is witness to these changes as they happen, and even before they happen. This not only includes internal data on product quality, operations, machine performance, logistics etc.,
Many virtual attendees were also present, with representatives from across logistics, procurement, manufacturing, IT and sustainability not only learning from the esteemed speakers presenting, but also sharing their expertise and experiences.
While this new landscape means easier and faster product ordering for consumers, it puts traditional supply chains under unprecedented pressure to adapt their direct-to-consumer fulfillment, inventory management, and procurement strategies.
As costs rise and logistical complexities worsen, businesses must find ways to maintain efficiency while minimizing financial risks. This inflationary pressure affects your entire supply chain, from procurement of essential operational materials and equipment to end-consumers. The result?
Seasonal demand surges can be challenging for any business, but they also present a unique opportunity to increase revenue and build customer loyalty. By proactively managing your supply chain, you can ensure smooth operations, meet customer expectations, and even gain a competitive edge.
Two recently published studies identify the top disruptions that impacted industry, business and global supply chains during 2024 and our expected to be present in 2025. The disruptions and the themes are similar along with added observations. economy and for industry supply chains. All rights reserved.
This one figure speaks volumes about how organizations worldwide want access to the best supply chain management tools to boost efficiency and value in their distribution and logistics network. This software helps in supply chain optimization under one roof, supporting collaboration and visibility at all touchpoints across the chain.
“We believe being named a Leader for the third consecutive year in the Magic Quadrant for TMS is testament to e2open’s innovations in transportation management, which demonstrate our ongoing commitment to unlocking a connected logistics experience for clients,” said Rachit Lohani, chief product and technology officer for e2open.
According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction. The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.
Scaling manufacturing operations is crucial for business growth but presents unique challenges. Transportation and Logistics: Increased production volume complicates logistics. Mitigate disruptions by diversifying procurement channels through a multi-sourcing strategy.
In addition, poor visibility, unpredictable demand, and disjointed systems worsen the situation further and lead to inefficient procurement, misplaced stock, and emergency orders. In asset-intensive industries, this challenge has only intensified with the growing complexity across supply chains. Business Challenges Addressed by ThroughPut.AI
The connected ecosystem of composition agents works across fulfillment, procurement, planning, and logistics. They want the system to present a plan, but they also want to click the “go” button themselves. The true breakthrough lies in whats next: multi-agent orchestration. At least, not yet.
This personalization is particularly crucial in the diverse world of supply chain and procurement. From sourcing specialists to logistics managers, each role requires a unique skill set. Are you ready to take the next step in future-proofing your supply chain and procurement teams?
In addition, poor visibility, unpredictable demand, and disjointed systems worsen the situation further and lead to inefficient procurement, misplaced stock, and emergency orders. In asset-intensive industries, this challenge has only intensified with the growing complexity across supply chains. Business Challenges Addressed by ThroughPut.AI
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