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As a supply chain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. This isnt a hypothetical scenario; its the daily grind for many businesses in 2025, where global trade rules shift faster than you can update your spreadsheets.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
Supply chain disruptions have become a persistent operational risk. Geopolitical instability, extreme weather, labor shortages, and fluctuating consumer demand regularly impact global logistics. Amazon is a leader in AI-driven supply chain management. Executives are left making high-stakes decisions with incomplete information.
I laugh when business leaders tell me that they are going to replace their current supply chain planning technologies with “AI.” Each supply chain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions. You are right.
For years, supply chains were engineered to be lean. Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Lean models alone are no longer sufficient. Why Current Supply Chains Struggle The common failure points are not surprising.
The manufacturing sector is facing unprecedented volatility in global trade, with tariffs becoming the latest in a series of uncertainty drivers that are impacting virtually all industries. Supply chains need to be more agile than ever, yet much of the advice circulating in the industry remains high-level or less than ideal.
Expanded health insurance coverage led to increases in the demand for care. 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. Procurement was a natural place to focus.
SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. When a procurement contract is negotiated, the buyer has planned to achieve a certain level of savings.
When one thinks of supply chain software vendors, the name InterSystems may not spring to mind. A supply chain data fabric can help companies augment their supply chain processes. They aim to achieve the same success in supply chain management that they have achieved in the healthcare sector. Who is InterSystems?
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
Supply chains are entering the era of legal volatility sharkins Wed, 06/11/2025 - 11:22 The conventional assumption that tariffs are geopolitical risks is becoming outdated. The resulting strategic question for companies is: How do we build resilient supply chains when even the rule-makers are unstable?
Today, in supply chain planning, this could not be further from reality. In May 2025, one in seven home-purchase agreements fell through resulting in the cancellation of 56,000 purchase contracts. Supply chain was defined in 1982 as interoperability between source, make and deliver. It is a landgrab of sorts.
Why Transformation Is a Boardroom Priority Supply chain management is now a core strategic concern for business leaders. Recent disruptions have exposed significant vulnerabilities in traditional models, driven by geopolitical instability, fluctuating demand, and operational inefficiencies. Resilience is now taking precedence.
In the fast-paced world of modern supply chains, traditional forecasting methods fall short. Advanced supply chain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization.
In the fast-paced world of modern supply chains, traditional forecasting methods fall short. Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks.
Fictiv , a global supply chain technology company, announced that it has entered into an agreement to be acquired by MISUMIGroup Inc., a leading global supplier of mechanical components for the manufacturing industry headquartered in Japan. Once closed, Fictiv will join MISUMI.
Jack Fiedler, the vice president for digital transformation of the global supply chain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supply chains. I’ve not seen a company that does a better job of agile planning across an end-to-end, multi-tier supply chain.
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence.
But amid the ups and downs, one thing remains constant: the need for agility and adaptability in supply chain management. Let’s take a closer look at how four key industries—automotive, consumer packaged goods (CPG), high tech, and industrial manufacturing—are navigating the tariff rollercoaster and adjusting to the shifting landscape.
Historically, supply chain leaders managed supply chains in a world of abundance. There are many factors: war, supply shortages, climate change, labor (knowledge and availability), and shifts in governmental regulation. The waste included: Negative Forecast Value Added (FVA) in demand planning. What does this mean?
For the past few years, the news has been filled with stories about supply chain disruptions, supply chain fragility, and the need for supply chain resilience. A term once prominent in supply discussions optimization isn’t heard quite as often as it used to be. ” What is Supply Chain Optimization? .”[1]
In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Such sourcing events can be in the context of direct materials or logistics capacity.
Over the past five years, supply chains have faced unprecedented challenges. E-commerce demands, trade pressures, and increasingly complex supplier networks have necessitated executives to raise concerns about their supply chain operations. Who is responsible for Supply Chain Planning?
As preposterous as this thought experiment seems, it is the reality of procurement departments in manufacturing firms across the United States. Worse yet, their responsibilities are far more important than purchasing a pair of sporty sneakers. To manufacturing professionals, this may seem natural, even inevitable.
She wrote, “I have been working in the supply chain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. I know that your primary focus is procurement. The distribution models were never tested when implemented.
The Connected Supply Chain. Drip Digital Supply Chain. Autonomous Supply Chain Planning. Self-Healing Supply Chains. Touchless Supply Chains. Small companies outperform large companies, and the marquee customers of major supply chain planning technology providers underperform. Industry 4.0. Drip Big Data.
Supply chains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing.
The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. Over the past three years, supply chain cycles shifted. Shift in cycles.
Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems. But it has gaps.
In today’s dynamic and unpredictable business environment, companies face various challenges such as changing consumer demands, global uncertainty, and the impact of natural and man-made events. The purchasing of products at companies can be looked at in terms of two major dimensions: supply risk and impact on production (Figure 1).
Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.
The supply chain space is heavily laden with acronyms, gobbledygook, false narratives, and over-hyped, fast-talking technology sales teams. “At the Digital Supply Chain event at SAP. Traditionally, the definition of end-to-end supply chain planning meant: Forecasting based on order or shipment patterns.
Manufacturing is on the cusp of an explosion in growth and innovation in 2018. Regulatory reform has been top-of-mind for supply chain executives and political leaders in the US since the 2016 election. These facts set the stage for exponential manufacturing growth in 2018. Check Out the Top 2018 Manufacturing Trends.
”) So, I sat across from a stranger on a cold winter night, the only thing that we had in common was our experience in supply chain planning. . And won’t the supply chain follow suit?” The perspective of a manufacturing leader is quite different than that of a business leader in logistics. “ Reflection.
Supply management. Supply chain management. Supply chain planning. I believe demand is a flow based on the combination of products/services/customers and channels, as shown in Table 1. This exceeds the 55% previously reported in the Supply Chain Insights surveys. These are very different views of the supply chain.
How should a global manufacturer make a decision? And how can supply chain planning help? In one project, I am interviewing over fifty supply chain leaders on their perceived impact of advanced planning, what makes a good plan, and how effectively they use the technology. What is the role of make, source, and deliver?
This model simplifies the world of RtM into a series of three steps that any RtM practitioner can execute. Here are the Top 5 Do’s and Don’ts to help you build a high-performing RTM model and distributor network: ✅Top 5 Do’s Do Align RTM Strategy with Consumer Behaviour : Design your RTM based on where, how, and why your consumers shop.
They emphasized being an Industry Cloud Complete Company with industry-specific solutions for over 2000 micro verticals across Process Manufacturing, Distribution, Service Industries, and Discrete Manufacturing. Industry-specific content is available for processes like Source to Settle, Procure to Pay, Order to Cash, and more.
The Covid-19 pandemic tested the global supply chain. Like riding a bumpy road, the supply chain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supply chain leaders, I share lessons learned. The Failure of Existing Demand Planning Solutions.
Excess inventory weighs down supply chains. Companies often overproduce to hedge against demand swings, yet end up with shelves of unused goods. This is where On-Demand Production comes in plat A smarter approach is taking shape. This is where On-Demand Production comes in plat A smarter approach is taking shape.
He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Supply chain optimization has also improved in significant ways that can address these trade-offs better than before.
Now more than ever, organizations must prepare their supply chain for the present and the unknown challenges and opportunities in the future. Integrating external factors like consumer price indexes, GDP trends, climate change, and others into the forecast can improve signaling for supply chain design.
When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. ” Sound familiar?
Robotic Process Automation (RPA) refers to process automation that combines process steps with decision models or business rules with little to no human oversight. It is typically applied to high-volume transactional processes with limited variation and clearly outlined business rules or decision models.
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