This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.” The same “If” statement was repeated for a host of financial and operational metrics. To read the article, click HERE.
Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. Diving deeper into the factors behind cost increases, Dick’s management noted the high fuel prices that continue to increase.
Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.
Bowman, SupplyChainBrain The European Union is on the verge of rolling out a reporting regulation that promises to have a huge impact on businesses selling into the region. The DPP “represents a significant advance in product transparency and sustainability,” according to an EU report published in September of 2024. “As
Reported April 24 Over 60% of our business is from products that are manufactured, bagged, assembled or grown in the United States and only 12% of our business is direct imports. Recall, we purchased targeted additional inventory in late fiscal '25 and early fiscal '26, ahead of tariffs. Christopher J.
The Supply Chain Matters blog provides observations and additional information perspectives related to the 2025 State of Logistics report. The report points to an upcoming period of high uncertainties along with the need to fundamentally rethink supply chain resilience as a strategic imperative. Costs in all of 2024 rose a reported 5.4
The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. and Mexico, according to the notice. according to the Walmart Marketplace website. from May’s 2.24
The topic/report will finally be on the logistics M&A through the end of May. The report will be available free for paid Substack subscribers but I’ll provide a summary and a link to the report in case you’re interested in either purchasing it separately or paying for an anuual subscribtion to my Substack articles.
We normally do our Talking Logistics episodes on Tuesdays and Thursdays, but we have one today at 12 ET with Alaster Love from Transplace, where we are going to discuss “ Big Data and Analytics in Oil and Gas Transportation.” UPS plans bundled deliveries to cut costs (FT.com – sub. Mexico Customs Management.
ARC defines the warehouse automation market according to a number of qualifications and dimensions to deliver a well-defined measure, with numerous segmentations, allowing those that purchase the research to understand what is being measured, and to easily extrapolate the findings to support their strategic planning needs. Lee Partners.
As Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, reminds us, the digital path to purchase is increasingly becoming the customer journey of choice. ”[2] Were that survey conducted today, I suspect an even larger number of consumers would report losing confidence in the supply chain.
NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2022. million for the same period last year, reflecting our continued transition to the Software as a Service (SaaS) engagement model. Omega Pharma International Nv, TBC DE Mexico S.A. million compared to $0.8 Trinseo S.A.,
Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. The Supply Chain Function The argument for having the global trade department report to the supply chain function is threefold. This results in detention costs and delays in producing goods and delivering them to customers.
NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022. For the six months ended October 31, 2021, the Company reported operating earnings of approximately $4.5 Logility announced the partnership with Visus LLC to support analytics customers and their digital transformation journeys.
Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.
I will be speaking and working with clients in wonderful locations in Brussels, China, Germany, London, Mexico, Peru, and South Africa. One of my clients waits four days for a custom report. Historically, supply chain processes were functional focused on make, source and deliver. Digital sourcing? It is sad, but true.
Supply chain and procurement leaders must now navigate an increasingly complex regulatory environment, balancing cost efficiency with risk mitigation. based manufacturer may purchase components from a domestic supplier, believing theyre shielded from tariffs. For instance, a U.S.-based
Interestingly, despite its critical importance, MRO is frequently treated as a procurement function rather than a strategic lever. The consequences are familiar: excess inventory, chronic stockouts, urgent purchases, high logistics costs, and little visibility into whether supply is aligned with maintenance demand.
Descartes Reports Fiscal 2016 First Quarter Financial Results. Robinson Celebrates 25 Years of Business in Mexico. Last November, JDA Software and IBM announced a “new integrated offering [that] will provide retailers, wholesalers and manufacturers with intelligent sourcing, fulfillment and order management capabilities.”
Reported April 22 Our trends in April have held consistent with March, and while market conditions remain soft, we've seen no appreciable downturn over the past two weeks, despite the tariff environment. Automotive Parts Genuine Parts , Q1 ending March 31. So we think the diversification of the business is an advantage.
On Monday, I would speak in Orlando Florida at the Terra Technology event; and on Wednesday, present the keynote at the Logistic Summit & Expo in Mexico City. Customer sentiment technologies mine the patterns of unstructured text and use new forms of analytics to guide discovery on what matters to the customer. Bio-engineering?
Fortunately, journalist Bridget McCrea reports, “Companies are thinking differently about how they design and orchestrate their supply chains. By doing it, you’ll get a chance to use predictive analysis, which is proven to be pretty insightful.”[6] sources while others are reshoring their manufacturing operations.
The visibility will include not just the short-term purchase order or ASN-level visibility, but also the tactical kind of forecast collaboration with the suppliers. Level-two is starting to leverage predictiveanalytics: Can I predict where a challenge or disruption is going to occur?
Supply Chain Matters provides a further global supply chain assessment in the highlighting and added insights on reported October 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. value reported for September.
The sky and what’s beyond, an endless source of creativity and imagination for kids and adults alike. Retailer Wal-Mart de Mexico to invest $1.3 billion in Logistics in Mexico (Reuters). Then again, gazing at the stars and planets and wondering what’s out there is an ageless human tradition (maybe for other animals too).
Additionally, the advancements and constant changes in technology and analytics play a huge role in supporting the success or failure of a modern day supply chain. As if this wasn’t enough, transportation costs are rising and forcing companies to constantly adjust and optimize.
“It sort of depends upon what we are purchasing from the supplier as to the approach we should take…” Commodity Strategic The first level, for components or typical commodity type products, we will at least want to perform a supplier evaluation of some sort. with a backup plan as part of contingency planning.
For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America. Similarly, suppose your company needs to purchase materials or goods within a foreign territory, for example.
Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He can lead your company through the complex procuretech industry because of his specialization on procurement technology. Connect Now!
Supply Chain Matters provides highlights of both December 2022 and full year reported global PMI indices that at the close of 2022 present a far different picture from the start of the year. This posting serves as a side panel to the start of our multi-part unveiling of our individual 2023 predictions for industry and global supply chains.
While the pandemic has given procurement managers fresh ammunition to advocate for greater resiliency within their corporate supply chains, geopolitical experts and a bipartisan coalition of legislators argue that the U.S. and Mexico moves on land,” he said. This is alarming.”. From ships to drones. said Marchese.
Outsourcing Sourcing! They include back-office services, which constitute all internal processes, such as purchasing, billing, and order fulfillment , and front-office services, which involve interactions with customers through marketing or providing tech support. and Mexico firms. Subscribe Here! Email Address.
Walmart will pay more for domestic sources, but will not be burdened with the inventory and purchasing FOB. Mexico will become a destination hub for many companies in the US – but within reason. As I noted in a prior blog, and as discussed in the New York Times today – Mexico is a great option – but the capacity isn’t there yet.
Supply Chain Matters provides highlights and perspectives on reported June 2023 and Q2-2023 quarterly global and regional PMI indices. The data further points to added warning signs that strongly suggest added contraction in the quarter to come. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P.
Supply Chain Matters provides highlights perspectives and added insights on reported August 2023 global and regional production and supply chain PMI indices. From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The August reported value rose to a three month high of 49.0
Freeport McMoran, the second largest copper producer globally, reported in its latest quarterly: “While we recognize the near-term volatility in our markets, we are optimistic about our portfolio of assets, our strong management and operating teams, and the long-term prospects for the copper markets we serve.”.
Panic buying has made it hard to find toilet paper, cleaning supplies, masks, gloves, groceries, and protective equipment as consumers purchase beyond their immediate needs. Having a single source of truth is also critical to proactively collaborate and identify replacement sources for parts you are no longer able to procure.
Around the world, 1 million plastic bottles are purchased every minute. Solving the Problem Plastic is a low cost, durable product that has allowed packaged foods to be purchased at lower cost with less wastage. Both Coke and Pepsi produce sustainability reports. We have a plastic bottle problem. Damage to lungs?
Inflation Reduction Act , which fosters consumer incentives to purchase EV vehicles if 50 percent of major battery components are produced in North America. Inflation Reduction Act , which fosters consumer incentives to purchase EV vehicles if 50 percent of major battery components are produced in North America.
billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. Hurricane Ida struck the Gulf of Mexico in August 2021, destroying industrial installations for pharmaceuticals and plastics. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Download Now!
S&OP is an integral process, which means the active involvement of Finance, Sales, Product Management, Production, Purchasing, etc. However, there must be consensus within the organisation about definitions and the right source of information for important reports. Checklist S&OP. Choose country. Luxembourg. Madagascar.
Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The report pointed to underlying fundamentals remaining weak as new order volumes stagnated while business optimism was note as falling to a reported two-year low. reported at the end of March, and a 52.3 value reported for May.
Electric automaker Tesla reported Q3-2023 financial performance this week and to state the obvious, the results were not well received by investors. They further added to growing concerns that consumers have moderated on their desires to purchase an all-electric vehicle. percent operating margin in the latest quarter.
Your best bet is to simply sell the industrial hemp-sourced CBD, as it won’t have high THC levels and is accepted across the nation. Registration usually costs about $100 in most cases. You’ll also want to get a resale license if you plan to purchase your CBD product from wholesalers. Usually, small businesses go for an LLC.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content