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The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supplychains. auto parts are sourced from Mexico, making the tariff impact immediate and severe. Approximately 40% of U.S.
Even prior to early April, a casual observer of todays ever-changing geopolitical landscape might have concluded that global supplychains are shrinking and that business collaboration is waning. Enlightened business leaders know, however, that global supplychains remain important. Memory chips and DRAM come from Japan.
This ambitious initiative is set to transform various aspects of the supplychain, from manufacturing and job creation to research and development, infrastructure upgrades, and sustainability efforts. As part of this package of U.S. As part of this package of U.S. is a strategic move to enhance domestic production.
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?
Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. Ibrahim Al Syed, the director of digital manufacturing at Celanese, was surprisingly forthcoming about how Celanese developed these capabilities at ARC Advisory Groups 29th Annual ARC Industry Leadership Forum. Their plants are very expensive.
Supplychain network design (SCND) is a powerful tool for improving business operations. It can be used to solve a wide variety of supplychain problems. Simulation techniques can fill those gaps and allow for a more holistic view of a company’s supplychain. But it has gaps.
While demand is high, ongoing product shortages continue to cause supplychain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations. If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges.
Prior to 2020, every supplychain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supplychain professionals had already realized: uncertainty is the only real certainty. There are Also Commercial Reasons.
Digital Twin from Infor Nexus Drives SupplyChain Agility. When it comes to driving supplychain agility there are several solutions that are important, but the key solution is a Multi-enterprise SupplyChain Network (MSCN). But even in more normal times, a supply plan usually can’t be fully executed.
The newest implementation, which will be christened at the end of March, is in Medline’s facility in Wilmer, Texas. Medline is a medical supplymanufacturer, distributor, and solutions provider. Medline is the largest supplier of clinical supplychain services to US medical surgical establishments. Why AutoStore?
SupplyChain Matters features our latest full edition of This Week in SupplyChain Management Tech , a compilation of funding, partnership and other noteworthy announcements related to supplychaintechnology or industry services providers. WiseTech Announces $2.1
Every day, retailers and manufacturers are challenged to balance ambitious customer service promises with profit margin protection. But the real financial value of advanced technology resides in its ability to sense real-time demand and monitor supply availability ? This means that not only is the financial investment low ?
Many companies were in the midst of digitally transforming their supplychain when the Convid-19 pandemic hits. In this part 2 article, let us continue to explore the concrete actions we can take in our Digital SupplyChain journeys. Plan and Execute for Success.
Chipotle’s push for humane chicken delayed amid tight supplies. Mexican factories gain in supplychain revamps. This is the latest initiative from FedEx in its effort to explore and adopt emerging technologies across its networks. Walgreens to offer Wing drone delivery in suburban Dallas.
The roles of logistics and procurement in an efficient supplychain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. The age of technology has the potential to dramatically reduce inefficiencies in the supplychain.
Healthcare Procurement: Why the Healthcare Industry Needs to Modernize SupplyChains to Meet Today’s Challenges. hospitals use the combined purchasing power of group purchasing organization, or GPOs, to save money. That is why it is no surprise that 98% of all U.S. healthcare industry today. billion annually.
Tom is the CEO and Co-Founder of SourceDay , a company that integrates with ERPs to automatepurchase order (PO) changes and enable supplier collaboration. Tom Kieley is the CEO and Co-Founder of SourceDay, an Austin based technology company that automatespurchase order (PO) changes and enables supplier collaboration.
” Or, a casual comment of, “We cannot run our supplychains like we used to.” In fact, I am surprised how few companies are knowledgeable on their own performance on supplychain ratios. Traditional supplychains in process-based industries operate on this assumption. ” I smiled.
The Covid-19 pandemic has confirmed what we already knew: modern supplychains must be built on a foundation of extreme agility and responsiveness. The sudden onset of Covid-19 only reinforced what supplychain professionals had already realized: uncertainty is the only real certainty. Detection and Response Challenge.
As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. This new behavior means that manufacturers and retailers need to anticipate consumer needs across channels with more accuracy than ever.
The logistics landscape is evolving rapidly as more manufacturers relocate production closer to domestic markets. This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supplychains for efficiency, cost savings, and resilience. Government Incentives for Reshoring The U.S.
For years, supplychain professionals have toiled in obscurity while making the global economy run smoothly. When the Covid pandemic threw a wrench into the supplychain’s well-oiled machine, supplychain challenges were suddenly front-page news. SupplyChain Trends. ”[1].
As a global conference, exhibition and networking experience, we attract some of the biggest oil and gas companies and top-performing engineering, procurement and construction firms, all groups who are eager to capitalize on the benefits of Breakbulk Americas and connect with new supplychain partners. 27 – Thursday, Sept.
by Melissa Clow This guest post comes to us from Jim Fulcher , Blogger on the SupplyChain Expert Community. The outcome is expected to either significantly impact an existing automotive supplier network or prompt manufacturers and suppliers to move or begin operations. What supplychain risks do you see?
Table of Contents Acute climate events will be a major risk for supplychain disruption in 2025, say Exiger experts in the new white paper, SupplyChain Resilience: 7 Factors to Watch in 2025. supplychains including the manufacturing of medical devices.
I am facilitating a workshop between supplychain business visionaries and technology innovators. At the session, together through education, sharing case studies, and reviewing research, we will explore the opportunities to build a Network of Networks to improve B2B supplychain connectivity. Definitional Image.
The Covid-19 pandemic has confirmed what we already knew: modern supplychains must be built on a foundation of extreme agility and responsiveness. The sudden onset of Covid-19 only reinforced what supplychain professionals had already realized: uncertainty is the only real certainty. Detection and Response Challenge.
SupplyChain Matters provides initial highlights of the annual Kinaxis customer conference held last week. Supplychain orchestration software provider Kinaxis held its annual kinexions customer conference last week in Austin Texas with this Editor in attendance.
Here is the list: Supplychaintechnology implementations have reduced inventory. Companies should implement supplychain best practices. Companies that have focused on collaboration in the supplychain have built competitive advantage. Supplychain excellence matters. The reason?
The SupplyChain Matters blog announces the availability of the SupplyChain Matters Podcast Episode 17- Needs for More Diverse SupplyChain Talent from the Lens of Technology. There is a growing consensus that existing supplychain and talent management processes and technology need a rethink.
SupplyChain Matters highlights todays joint partnership announcement among mid market ERP software provider Infor and Kinaxis launching Kinaxis Planning One for Infor CloudSuites Discrete Manufacturing. Copyright 2025, The Ferrari Consulting and Research Group and the SupplyChain Matters blog.
Recently, I attended a dinner outside of Detroit hosted by QAD, the Korean Battery Industry Association and NAATBatt (an organization dedicated to the development and commercialization of advanced battery manufacturing in North America). The North American Battery SupplyChain is Accelerating – Why Now? The majority of the U.S.
Interconnected global supplychains, heavy dependence on chemical products and the lack of sub-tier visibility are key factors affecting recovery timelines. They warn that Hurricane Harvey’s disruptions will ripple through the supplychain and be realized at factories and facilities far away from the impacted area.
Supplychain management is a multi-faceted process with many stakeholders and even more moving parts. New technology aims to make the supplychain more efficient, yet investing in the wrong technology further complicates productivity while hindering profitability. Here’s some research on this topic.
A few weeks ago, I wrote about a Taco Bell franchisee that is building a new restaurant that the chain said will be the fastest way to get its food: a two-story, technology-heavy unit with four drive-thru lanes dubbed Taco Bell Defy. Taco Bell continues to be innovative in its efforts to get tacos into its customers hands.
What’s worse is the suppliers in your supplychain you don’t know. Just as hope is not a strategy, luck is not a tactic manufacturers should rely on. As it ended there was hope that the world would return to normal for manufacturers. Many manufacturers, given their current processes, view these as trade-offs.
With the emergence of e-commerce and globalized supplychains, competent Global SupplyChain (GSC) management is now crucial for multinational corporations seeking market dominance. To tackle shipment-level concerns, retailers, manufacturers, and carriers are continually at odds with one another.
Why SupplyChain Visibility is Critical Hope King, Axios Events Host & Moderator I do want to start big picture because Exiger’s AI is built to provide transparency into supplychains. We’re completely fragile to the supplychains that support us. Brandon Daniels, Exiger CEO The world is outsourced.
Rethinking supplychains is a reader-supported publication. Even today when one reads the numerous articles about the benefits of manufacturing or assembling in Mexico, most of them highlight Mexico's low-cost labor and, of course, its proximity to the US market. Note Rothe’s emphasis on quick moves. –Mexico border.
More and more global companies are pledging to make their supplychains and their operations net-zero or carbon neutral. And to maximize the potential emissions benefits of utilizing this technology, we have secured agreements with Chevron to supply Walmart trucks with CNG linked to renewable natural gas.
“Our biggest challenge was not maintaining production and operations during the pandemic – but it’s today, managing the impact of the aftershocks.” – Joanne Mavroides, Director SupplyChain & Logistics at Abiomed. The discussion dove deep into the state of the medtech supplychain and manufacturing.
August is usually a quiet month for supplychain and logistics news, but not this year, especially the past couple of weeks. UPS, FedEx resume operations in some parts of storm-battered Texas (Reuters). LevaData to Transform Strategic Sourcing for Global Procurement and SupplyChain Leaders.
With my son’s travel baseball team scheduled to begin its season next weekend, the coaches are employing some field maintenance tools you don’t normally see at a baseball field: For all of you who play baseball in California, Texas, and Florida, you have it so easy my friends. MacroPoint Announces ELD/GPS Device Tracking Integration.
In celebration of Earth Day, we’re providing an inside look at how some of our clean tech customers are using cloud-based product lifecycle management (PLM) software to develop innovative solutions that better the planet. Reducing Our Carbon Footprint. Looking Beyond the Grid.
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