article thumbnail

Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. Tariffs on steel from Chinaup 25%and retaliatory moves from Canada and Mexico may turn supplier relationships upside down. Traditional procurement, with its long-term contracts and rigid supplier ties, just isnt cutting it anymore.

article thumbnail

New Study Shows Global Trade Compliance Is Not Slowing Down Any Time Soon

Logistics Viewpoints

Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. from Canada and Mexico. Mexico-Canada Agreement (USMCA), which governs $1.8 Mexico-Canada Agreement (USMCA), which governs $1.8 Consequently, demand for robust GTC solutions will continue to rise.

Study 280
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply chains are entering the era of legal volatility

Kinaxis

Companies relocating to Mexico may face rapid reversal in cost advantage if emergency tariffs are struck down. Emergency tariffs have raised the landed cost of essential imports in medtech, forcing procurement teams to seek alternative (and often less validated) suppliers, which is a regulatory risk.

article thumbnail

AI Leader in Global Supply Chain & Manufacturing joins MISUMI

Logistics Viewpoints

Ryusei Ono, Representative Director and President, MISUMI Group Inc.: “From its earliest days, MISUMI’s culture of ingenuity and innovation has made us a leader and pioneer in making it easier for customers to procure manufacturing components that fit their needs.

article thumbnail

Report From DPW: What’s Next for AI in Supply Chain?

Supply Chain Brain

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.

article thumbnail

Surviving the Tariff Storm of 2025: Why Post Payment Audits are Now Essential

TransAudit

These rapid changes are creating uncertainty for logistics professionals, procurement teams, and trade compliance experts who now must monitor updates almost daily. Lack of communication between logistics, procurement, and accounts payable departments. Overreliance on freight forwarders without independent post audit validation.

article thumbnail

Reshoring and Regionalized Freight Networks: The Future of Logistics

TransAudit

Aerospace and transportation equipment companies are investing in Arizona and New Mexico. Data-Driven Decision-Making in Freight Procurement Advanced Transportation Management Systems (TMS) enable: Carrier vetting and rate comparison. Automotive and industrial manufacturing is expanding in states like Michigan and Ohio. Southwest U.S.