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As a supplychain 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. Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. What Is Agile Procurement?
Three major trends are driving growth in this industry whichcan be attributed to regulatory pressures such as the Uyghur Forced Labor Protection Act, advancements in AI, and supplychain innovations. By 2027, when both the UFLPA and FLR are fully operational, the global supplychain landscape will have transformed significantly.
Supplychains 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volatility sharkins Wed, 06/11/2025 - 11:22 The conventional assumption that tariffs are geopolitical risks is becoming outdated.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 supplychains when even the rule-makers are unstable?
Fictiv , a global supplychain technology company, announced that it has entered into an agreement to be acquired by MISUMIGroup Inc., These events are exposing traditional manufacturing and supplychain methods that are expensive, inefficient, and opaque, creating inordinate risk in building and scaling products.
SCB Feature Report From DPW: What’s Next for AI in SupplyChain? That’s because the promise of artificial intelligence for supplychain operations is huge. It could do more to accelerate the journey of supplychain operations from the backroom to the boardroom than any other change. trillion to U.S.
As I was enjoying the holidays, I had an opportunity to reflect on the year past and what the future holds for supplychains. However, organizations will need to be deliberate in designing supplychains with optionality so it does not become cost prohibitive. SupplyChain Design is essential in tackling these.
However, if they take a closer look, they will find that there are significant benefits to supplier diversity – not only for suppliers and their supplychains, but also for their business. She said, “Supplier diversity is no longer a business catch phrase; it is a fundamental element of supplychain management.
Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. This article is from Michael Balint at Solvoyo and looks at the fresh produce supplychain. To read the article, click HERE.
Belcorp’s Maturity in SupplyChain Design. Belcorp Corporation has actively worked to be a leader in ensuring that their people can effectively use a complex type of software known as supplychain design. It requires a company to further leverage the supplychain design philosophy.
Companies of all sizes have been capturing the value from Global SupplyChain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. However, you may wonder what kind of practices really work.
About Martin Lew Martin Lew is the Founder and Chief Executive Officer of Commtrex, the largest tech-enabled logistics platform in North America (US, Canada, and Mexico) for shippers to directly connect with railroads, transloaders, storage facilities, lessors, rail service providers, warehouses, and industry data.
Kevin joined Ryder in October 2015 and led Ryder’s outsourced transportation procurement activity as senior director. Ryder provides services throughout the United States, Mexico, and Canada. Why top shippers are moving to industry leaders (like Ryder) to build more resilient supplychains.
The Ferrari Consulting and Research Group through its affiliated SupplyChain Matters blog provides both perspectives and self-rating observations regarding our January 2024 published Research Advisory- 2024 Predictions for Industry Global SupplyChains. Supplychain teams benefitted from such actions.
While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supplychain and procurement industries. Avoid the Instability of International SupplyChains. This gives you greater control over the details involved in your supplychain.
Chipotle’s push for humane chicken delayed amid tight supplies. Mexican factories gain in supplychain revamps. With more consumers pushing for supplychain transparency, Chipotle will be testing out RFID tags at its Chicago distribution center and at 200 Chicago stores to improve the traceability of its inventory systems.
This posting is our fifth installment in an ongoing supplychain technology market education series. I n Part Three of this series , Bob establishes the case that direct sourcing and supplychain planning can work together but require a realignment of overall business wide planning and decision making frameworks.
Hunt, BNSF and GMXT Launch Intermodal Freight Delivery Service in Mexico More from this author Subscribe to our Daily Newsletter! SupplyChain Finance & Revenue Management Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant? Timely, incisive articles delivered directly to your inbox.
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.
It might mean setting up plants in Mexico or elsewhere in Latin America, aa means of cutting transit time and responding more quickly to changing patterns of demand. What’s certain is that a new approach to sourcing and manufacturing is required to succeed in a world where supplychain disruption is the norm.
Logistics and SupplyChain – 1940 to 2040 with Jason Miller. Jason Miller and Joe Lynch discuss logistics and supplychain, 1940 – 2040. Jason is a professor of supplychain at Michigan State University, which is ranked as one of the top supplychain schools in the world.
As companies across North America and Europe reconfigure their supplychains to reduce dependency on overseas operations in the wake of recently announced tariffs, there is a growing need for fully transparent, granular, and holistic visibility into manufacturing and supplychain operations as a whole. ThroughPut.AI
Since Inauguration Day, the landscape has shifted dramaticallywith new duties, revised agreements, and retaliatory tariffs shaking up supplychains across the globe. These rapid changes are creating uncertainty for logistics professionals, procurement teams, and trade compliance experts who now must monitor updates almost daily.
Many pundits insist that anyone who believes the global supplychain is going to return to normal is suffering from this form of insanity. ”[1] Noted supplychain expert Lora Cecere ( @lcecere ), founder of SupplyChain Insights, put it another way. .”[1] … What can we learn? ”[2].
The impact of tariffs on supplychains is no longer abstract. From the new tariffs impact on supplychains to newer policy shifts between the U.S., For global businesses relying on real-time logistics and lean inventory models, the question is how prepared is your supplychain when tariffs hit?
The SupplyChain 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 supplychain resilience as a strategic imperative.
Other users of the information will be retailers and their supplychains, as well as government authorities seeking to uphold export regulations, according to Megan Brewster, vice president of advanced technology with Impinj , a manufacturer of radio frequency identification devices. It’s all about the data,” he adds.
Dave Elias, vice president of supplychain management, and Josh Stauffer, senior director of IT, spoke at ARC Advisory Group’s SupplyChain Forum. They have implemented a broad suite of enterprise and supplychain applications and are still implementing more. HWI Has a Complex SupplyChain.
Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supplychain. In the intricate web of modern supplychain management, efficiency often guides decision-making. Single sourcing and sole sourcing are two different procurement strategies in supplychain management.
Discover why experts predict robust storms and how to safeguard your supplychain. Outlook for hurricane season 2024 This year, hurricane season starts June 1, 2024, and ends November 30, 2024, and will primarily affect the Atlantic Ocean, the Gulf of Mexico, and the Caribbean Sea. What sets this year’s hurricane season apart?
In capital-intensive industries, MRO is the silent enabler of operational continuity, and often the weakest link in the supplychain. Interestingly, despite its critical importance, MRO is frequently treated as a procurement function rather than a strategic lever.
Mexico offers a skilled and affordable work force. Offshoring offers manufacturers many supply and labor benefits, but it can also present supplychain logistics management obstacles. Some companies have found success by nearshoring to Mexico instead of going with traditional options for offshoring facilities.
Mexico offers a skilled and affordable work force. Offshoring offers manufacturers many supply and labor benefits, but it can also present supplychain logistics management obstacles. Some companies have found success by nearshoring to Mexico instead of going with traditional options for offshoring facilities.
The completed engine is then sent to a vehicle assembly plant in Mexico, traveling through the U.S. Finally, the assembled vehicle crosses the Mexico-U.S. market in Mexico. Tariffs can significantly raise production costs, particularly for automakers dependent on global supplychains.
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supplychains for efficiency, cost savings, and resilience. The Shift to Reshoring: Why Its Happening Economic and Geopolitical Drivers Trade Tensions and Tariffs Global trade policies continue to reshape supplychains, with U.S.-China
The Ferrari Consulting and Research Group through its affiliate the SupplyChain Matters blog provides an overview of our 2024 annual prediction themes for industry and global supplychains. Significant changes and impacts across the supplychain focused technology landscape in various dimensions.
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 Matters highlights concerns raised by automotive industry interests regarding evolving component sourcing among China based suppliers within Mexico. The report notes that electric vehicles assembled in Mexico can qualify for U.S. reached $1.1 billion last year.
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.
Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supplychain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supplychain.
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The Ferrari Consulting and Research Group via its affiliated SupplyChain Matters blog shares a mid-year assessment of previously published 2022 predictions for industry supplychains published at the beginning of 2022. Economic Outlook Significantly Changed. inflation rate to be 9.2 percent of GDP to 6.2
The COVID-19 pandemic, geopolitical tension, inflation, trade issues and environmental and labor concerns exposed existing vulnerabilities in global supplychains and wreaked havoc like none of us have known before. The same holds true for your internal supplychain operations. “We Talk about a domino effect.
CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. Mexico trade. According to the press release: Con-way Truckload today derives 35 percent of its revenue from shipments destined for or originating in Mexico.
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