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Kristina is the Director of Operations at Bettaway, a privately held, family-owned SupplyChain Services company headquartered in South Plainfield, New Jersey. About Bettaway Bettaway is a privately held, family-owned SupplyChain Services company headquartered in South Plainfield, New Jersey. Bettaway West, Inc.:
The toilet paper shortage was one of the COVID era events that taught people what the term “supplychain management” meant. The changes to the profession of supplychain management are dramatic. Firstly, the term “supplychain management” was not in general use before COVID. This worked.
Discover the top supplychain disruptions of 2024 and other significant supplychain trends from Resilincs exclusive data. The supplychain landscape in 2024 was characterized by significant transformations and challenges, with resiliency as a key theme across all industries.
by Ilyas Kucukcay Recent advancements in the space launch market may indicate an increased need for logistics and supplychain management in outer space operations. Accessing what’s beyond our globe has become an accepted source of socio-political promotion. Space Logistics and SupplyChain.
Here are ten things to keep in mind in terms of the role that forecasting can have on supplychains: While not a cure all, forecasting does matter. It is important to benchmark forecast accuracy and similar supplychain metrics against your peers. forecasting product sales at 10,000 stores.
The pandemic wreaked havoc on businesses and their supplychains, but even in these trying times, there’s a silver lining. What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.
Two recently published studies identify the top disruptions that impacted industry, business and global supplychains during 2024 and our expected to be present in 2025. According to the releas e , overall disruptions to global supplychains increased 38 percent on a year-over-year basis.
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].
21, 2025) outlines a set of directives aimed at strengthening domestic industry, securing critical supplychains, and increasing scrutiny of both inbound and outbound investments in strategic sectors. based production and suppliers. Additionally, the directive lays the policy groundwork for expanded outbound investment restrictions.
Exiger AI Illuminates Your SupplyChain, Foresees Disruptions, and Strengthens Resilience As an original and proud sponsor of the AI+ Expo and the Special Competitive Studies Project (SCSP), Exiger is an AI platform trusted by Fortune 500 companies, 65 federal agencies, and the defense industrial base.
The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturing supplies, causing widespread disruption to supplychains across the country. . 2022) Source. ” Part B: R&D and Emerging Technologies. According to 2020 data, the U.S. billion to the U.S.
I thought I understood all the major supplychain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and SupplyChain Strategy beyond Covid-19. The potential supplychain impacts of this conflict dwarf any other supplychain news that might be reported.
In military operations, there is a notion called “the fog of war.” ” As supplychains have grown more complex, the same thing could be written about many of them. ” As supplychains have grown more complex, the same thing could be written about many of them.
In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supplychain management. Reminder of Key Definitions – Logistics & SupplyChain Management. and J-P Rodrigue (2004)).
Exiger Launches Advisory Council of Industry, Academic and Government Leaders Meet Exiger at Gartner SupplyChain Symposium/Xpo 19 - 21 May 2025 International Barcelona Convention Centre, Barcelona, Spain Days Hours Minutes Seconds BOOK A MEETING Increasing geopolitical risk and disruption require the leading AI solution.
When Russia invaded Ukraine with its military might, there was nearly as much talk about cyberattacks as there were about physical assaults. ” With the global supplychain already snarled, increased cyber-vulnerability is not good news. It is used to perform DDoS attacks with command and control software.”
We salute the year’s top advancements in supplychaintechnology and processes. Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supplychain roles are rapidly being transformed into all-new opportunities. Warehouse Automation.
By getting a glimpse of the complexities involved, we gain insight into the challenges and breakthroughs that shape the industry, ensuring the safety, efficiency, and advancement of aerospace technologies. Additionally, it contributes significantly to economic growth by providing high-skilled jobs and fostering technological innovation.
Global supplychains were starting to recover from two years of upheaval caused by the pandemic when the military crisis hit. The further disruption caused by Russia’s invasion of Ukraine could cause major disruptions to the global supplychain and impact South Africa. Supplychain challenges.
If the mantra of the real estate industry is “Location, Location, Location”, the new mantra of supplychain executives is fast becoming “Collaboration, Collaboration, Collaboration”. How technology can help. The company sources the majority of its products from contract manufacturers in the Far East.
The recent weaponization of pagers and radios in Lebanon serves as a powerful wake-up call to CEOs and governments worldwide; businesses must improve supplychain visibility now. What does this mean for the future of supplychain risk management? Who Manufactured the Pagers and Radios?
If you’re a global supplychain executive, you’ve got a challenging job. Amazon’s disruptive effect has put two key strains on supplychain professionals: to ensure inventory availability across a broader network of distribution points, and get product to the consumer in days, if not less.
The new year is also a good time for supplychain professionals to evaluate how their value chains need to transform in the months and years ahead to meet changing business conditions, such as the recent coronavirus outbreak. I believe most professionals will discover their supplychains need to become more agile.
An acronym used more and more often by supplychain planners to describe the business environment is VUCA, which stands for Volatility, Uncertainty, Complexity, and Ambiguity. military eventually adopted the term in its planning efforts. Supplychain planning challenges. The Strategies For Taking Charge.”[1]
Supplychain risk managers have a dilemma. Don’t Expect Any External Relief Steve Riordan , Global Director of Consulting & the SupplyChain Capability Leader at Kalypso, insists, “Supplychain leaders must recognize that volatility will be a fact of life for the foreseeable future.
As the CEO of a supplychain visibility technology company, I am well aware of the irony of my own firm becoming a victim of supplychain disruption. But as the world deals with the immense and unprecedented impact of the coronavirus, even Savi was not able to avoid supplychain issues.
When a person hears the term “strategy,” they often think about military operations. Sun Tzu, the famous Chinese military strategist wrote, “Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win.” Digitalization and automation. ”[3].
Exiger has previously analyzed Chinas regulatory moves to restrict these minerals trade flows, highlighting the need to identify alternative sources of supply. Therefore, despite connections to the Russian military and government, VSMPO-AVISMA has avoided sanctions due to U.S. Following the U.S. Impact on U.S. Companies The U.S.
Even before the pandemic, global supplychain were fragile thanks to factors such as the US-China trade war, less efficient shipping routes and a huge drive to cut costs by consolidating loads. Unpacking expected disruptions across the supplychain for manufacturers and distributors.
Companies need to be fully aware of global climate change conversations and how they will impact their supplychain in the near future. Supplychain network and transportation optimization can help make better sourcing and multi-stop route decisions that ultimately result in route design that balances low costs with higher service.
This can be a challenge as emerging technologies continue to add greater complexity to the product development process. In this article, we provide an overview of PLM and explore key factors that you should consider when adopting new software. military issued standards on how government contractors should use configuration management.
1] NIC analysts explain, “During the next two decades, power in the international system will evolve to include a broader set of sources and features with expanding technological, network, and information power complementing more traditional military, economic, and cultural soft power. Technological resilience.
For a number of years, business analysts have been preaching the gospel of transformation in supplychain operations. Glenn Steinberg ( @GlennSteinberg ), global and Americas supplychain leader at EY, observes, “You’ve been hearing about ‘the supplychain of the future’ for years.
We’ve seen major technology shifts many times before, but this time it’s different. The first, a major change in technology, is almost upon us. Trauma Wrought by Enterprise Software. It’s no secret that enterprise software implementations are fraught with difficulties. Source: CIO.com ]. Source: TechTarget.com ].
Procurement leaders trust Exiger AI technology to uncover hidden supplier risks, ensure regulatory compliance, and drive smarter, more resilient sourcing decisions at scale. Were excited to join World Procurement Congress 2025 for several exclusive events to discuss technology-driven transformation and building resilience.
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.
Global supplychains tie the planet together, providing goods to consumers, jobs to workers, and dividends to shareholders. And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line.
In the concluding part of the article, I want to examine how geopolitical risks might affect supplychain operations. This widening gap portends more political volatility, risks for democracy, and expanding roles for alternative sources of governance. Geopolitical Risks • Rogue Russia. ” • Consolidating China.
Your Guide to RFP Software. RFP management software is your best friend if you’re trying to streamline your way through the sometimes-complicated process of the RFP (request for proposal) world. Read on to learn more about the best RFP software and what features you should consider. RFP Software : The Basics.
As global supplychains snarled and essential products became hard to find, many domestic manufacturers pivoted to make up shortages. ” The staff at NRTC Automation detailed some of the reasons manufacturing is so vital to a national economy.[4] ” NRTC Automation, 27 October 2022. [5] ” • Job Creation.
BUILDING THE FUTURE AI, Trade, and the New Rules of Power Add Your Heading Text Here Exiger provides AI-powered supplychain and third-party risk management solutions to one-third of the Fortune 500, 65 federal agencies, and the defense industrial base. Exiger Federal Cloud is FedRAMP Moderate Authorized.
Leveraging Data to Drive Maintenance-first actions that improve overall supplychain throughput across the DAF. focused on “AI-Powered Proactive SupplyChain Capabilities” to address the most pressing challenges in the Department of the Air Force (DAF). ThroughPut.ai government.” About ( ThroughPut.ai ) ThroughPut.ai
If you’re like me, staying up to date on supplychain news is critical. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supplychainsources were. Today’s Top SupplyChain and Logistics News From WSJ.
Beyond Dependence: The Power of SupplyChain Diversification September 4, 2024 Article Table of Contents Introduction In today’s globalized market, supplychain diversification has emerged as a vital strategy for businesses. The Suez Canal, one of the most important supplychain routes that accounts for 13.5%
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