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Five years ago, we all thought the COVID-19 pandemic resulted in the most disrupted supplychain landscape we would ever see. Since then, supplychain disruptions and volatility have only increased. The Ukraine-Russia conflict is ongoing. We were wrong. Tensions flare in the Middle East without warning.
Increasing concerns over mass supplychain disruptions. Its a rollercoaster for logistics and supplychain leaders operating in global markets. Businesses are facing greater volatility as tariff changes wreak havoc on supplychains, operational costs, and overall profitability.
Urgent – The UkraineLogistics Coalition with Ben Gordon. The situation in the Ukraine grows more desperate every minute and the need for humanitarian aid is enormous and growing. People who work in logistics and supplychain are in a unique position to help the people of the Ukraine.
Over the past few years, supplychain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Monitoring and mitigating risk associated with supply, suppliers, and the supplychain networks. Price Volatility.
Over four-hundred days of war in Ukraine. The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. Unrest in Sudan.
While the supplychain pressures that have built up over the last two years continue to abate as transportation capacity problems ease and consumption shifts from goods to services, newer challenges and opportunities lie ahead. As we turn the page on 2022 , I’d like to make five supplychain predictions about what to expect for 2023.
“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supplychain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Emerging Themes for SupplyChain Planning.
” Dragons are a good analogy for the risks faced by supplychains. No one can say for sure what dragons lie ahead in 2025 for supplychains, but some risks are known. Navigating this years looming risks to build a secure supply network has never been more critical.[1] ”[3] Climate Change.
My recent conversations with the supplychain practitioners are dominated by supplychain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Let us dive deeper into how supplychains are getting disrupted. Now, this risk is further amplified.
A SupplyChain Design Solution from Coupa Imagine you’ve just received the job offer of your dreams. If you have been through this process at least once, you already have a good idea of what supplychain design is about: optimization. Do we have a demand forecasting tool in place and, if so, how good is that forecast?
The modern supplychain is a complex beast. Let’s dive into the challenges of the supplychain and learn how to tackle them. According to a report by the Council of SupplyChain Management Professionals (CSCMP), over 40% of eCommerce orders in the US undergo at least one change before reaching the customer.
ARC Advisory Group’s Global Warehouse Automation Research study is now complete and available for purchase. The research process includes an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s research study. Growth Inhibitors.
1 million refugees have fled Ukraine in one week. Read more Above the Fold: SupplyChainLogistics News (March 4, 2022). Read more Above the Fold: SupplyChainLogistics News (March 4, 2022).
And now on to this week’s logistics news. Ukraine in the news: War in Ukraine disrupts ships around the globe. Ukraine invasion and the semi-conductor chip impact. Walmart steps up automated store distribution. Cyberattack on Toyota’s supplychain shuts 14 Japanese factories.
I thought I understood all the major supplychain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and SupplyChain Strategy beyond Covid-19. Now of course, companies must map out the potential impacts of the Russia Ukraine war. Russia shells Ukraine.
That’s why staying on top of the latest supplychain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supplychain planning.
In February 2023 I wrote the article What Does 2023 Have In-Store for Global SupplyChains? It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supplychain and logistics executives. Meanwhile, labor constraints are as binding as ever.
A wave of chaos followed that turned the supplychain upside down, forcing it to adapt, transform, and learn at an accelerated pace. 3 long term changes to the supplychain 1. McKinsey research shows that 73% of companies are now pursuing dual-sourcing , and 60% are regionalizing their supplychains.
Steve Elwell and Joe Lynch discuss why supplychain disruptions are here to stay. Steve is he Managing Director of Haxlar , an integrated manufacturing solutions provider, delivering design, manufacturing, sourcing, supplychain, and product management services for a wide range of industries. About Steve Elwell.
Ben Gordon and Joe Lynch discuss highlights from the BGSA Conference , an annual event designed to bring together top industry leaders from all segments of the supplychain and provides an intimate and candid setting where CEOs and leaders can privately network and explore ideas with their peers. 3PLex was then purchased by Maersk.
This is a challenging and uncertain economic and trade environment for shippers, carriers and logistics services providers. We remain committed to growing our business with prudent investments and cost discipline to build the premier network and technology for logistics-intensive businesses." Ryan, Descartes' CEO.
The Manufacturing SupplyChain Journey through AI and Automation Manufacturing SupplyChains Explained The manufacturing supplychain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.
Driving Sustainable Growth Through SupplyChain Resilience. Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great SupplyChain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel.
The Need For SupplyChain Innovation: Why You Should Watch These Four Trends ? Recent years have placed supplychains into the spotlight and onto many board agendas. In a world of almost continuous disruptions and intense competition high performance supplychains have become the decisive factor.
5 Megatrends Shaping SupplyChain Innovations. In these times of global turmoil, there are five (5) important megatrends shaping supplychain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supplychain management.
Peter Tirschwell and Joe Lynch discuss the post-pandemic supplychain. Peter is Vice President in the Maritime, Trade & SupplyChain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial.
According to the website, its debut vehicle, the 21C, is designed by both human and AI technologies and uses a hybrid powertrain system which combines a twin-turbo 2.88-liter While all of this technology sounds pretty amazing, it should be said that this type of performance comes with a price tag. The Czinger 21C costs $1.7
In July the US, the European Union (EU), and select other countries instituted a number of trade and financial sanctions against Russia for its involvement in the separatist movement in neighboring Ukraine.
Logistics Industry Outlook with John Larkin. John Larkin and Joe Lynch discuss the logistics industry outlook. Clarendon remains 100% focused on the transportation & logistics industry, broadly defined. For 17 years, Mr. Larkin headed up Stifel’s transportation and logistics research effort. About Clarendon Capital.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
And now on to this week’s logistics news. EU proposes supplychain emergency powers, spooking business. After a successful pilot program at 70 stores, Walmart Canada is expanding its partnership with software company Focal Systems to bring a computer vision artificial intelligence solution to stores throughout the country.
Existing technology for EV batteries can only create cells that last up to 20 years or around 200,000 miles before their capacity drops too low to power a vehicle. This will certainly be an interesting area to watch, especially as electric vehicles become more commonplace and apply to the global supplychain.
And now on to this week’s logistics news. Executives are plotting alternate supplychains or devising products that can be made elsewhere should China’s hundreds of thousands of factories become inaccessible. semiconductor company Micron Technology, citing national-security risks.
Ben is the Founder of Cambridge Capital (private equity), BGSA (M&A advice), and the Logistics Coalition (humanitarian aid). Ben is hosting the BGSA SupplyChain Conference that will be held January 24-26 in Palm Beach, Florida. 3PLex was then purchased by Maersk.
The global food supplychain has grown exponentially over the last few decades, creating complexity and challenges that translate into empty store shelves and a lack of basic provisions. Today, we will look at the importance of supplychain management in food production and some solutions to prevent further crises.
And now on to this week’s logistics news. The high stock levels are the result of retailers, wholesalers and manufacturers stockpiling everything from beer to DIY tools, chemicals and clothes as COVID-19 lockdowns snarled supplychains and shut factories.
Then the COVID-19 pandemic caused global supplychain disruptions and all bets were off. That is understandable given the widespread supplychain disruptions that occurred due to COVID-19, the war in Ukraine, and global trade tensions. Second, additional requirements made warehouse operations more costly.
Visibility across the entire length and breadth of your supplychain is required to predict and overcome supplychain constraints. Too much inventory means demand constraints, too little causes supply constraints. Too much inventory means demand constraints, too little causes supply constraints.
In the hyper-connected global economy of the present day, supplychains traverse continents, cultures, and myriad communication barriers. In these kinds of high-stakes environments, language differences can drastically slow down response times, impede cooperation, and heighten already complicated logistical issues.
Raised by parents who worked for a van line and later started their own freight forwarders, Oren has deep-seated roots in logistics and entrepreneurship. His subsequent venture, SolSource Logistics, continues to operate today, with Oren serving as chairman. Issues with China supplychain. and Canada. Holiday season.
Two recently published studies identify the top disruptions that impacted industry, business and global supplychains during 2024 and our expected to be present in 2025. According to the releas e , overall disruptions to global supplychains increased 38 percent on a year-over-year basis.
A recent report by the ACE European Group identifies supplychains as of the biggest sources of concern for European businesses today. On the other hand, there is a rising need for smarter and more flexible tools as well as more staff with analytical capabilities. The challenges: demand, staffing and technology.
A series of “Black Swan” events that started with the COVID-19 crisis and the global inflationary economic response to the pandemic, stoked by the war in Ukraine and the rise of extreme weather events linked to rising global temperatures - have all shown how vulnerable the global supplychain is to unexpected disruptions.
For several years, Blue Yonder and Ernst & Young LLP (EY US) have supported a digital transformation of global logistics operations at Bayer Crop Science. How can the average logistics team capitalize on digitalization and automation to achieve these kinds of results? That’s where automated execution comes in.”
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