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However, as carbon taxes and emissions reporting requirements continue increasing, supply chain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Freight transportation makes up over 10% of total global carbon emissions.
A Procurement System refers to a sophisticated framework or software designed to streamline and automate various stages of the procurement process within an organization. Best-of-breed solutions often specialize in specific aspects of procurement, while full-suite solutions seamlessly automate multiple process steps.
Many large organizations have multiple systems for order, warehouse, or transportation management that are barely integrated frequently not at all. Ability to Meet Fulfillment Goals According to the survey, only a mere 1% of respondents achieve 80% or higher for their OTIF metrics, with the average percentage of OTIF being a mediocre 62.21%.
Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.
That was one of the primary conclusions of the annual logistics report released last week by the Council of Supply Chain Management Professionals (CSCMP) at a media briefing in New York. This year’s report was entitled “Navigating Through the Fog.” The CSCMP report puts an estimate on what it calls total U.S. billion last year.
In May 2025, one in seven home-purchase agreements fell through resulting in the cancellation of 56,000 purchase contracts. Ask a procurement or transportation professional if they have a good demand signal and expect a laugh. Reference: Human Factors, Human factors and Homer Simpson – Human Factors 101
Climate change, often referred to as Global Warming, is fast becoming a major issue for business, as well as our communities. Transportation Networks and Modal Shifts A good transportation strategy is one of the best ways to reduce emissions. The difficulty many businesses now face, is understanding where to start.
Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization. Keep reading to learn: What Is ERP in Procurement?
Technology providers included or cited in this edition are: WiseTech and e2open Supply Wisdom Blue Yonder and IPPS Descartes Systems and PackageRoute For reader reference, our prior full edition of this column was published on May 23 rd. listed B2B logistics platform provider e2open Parent Holdings for a reported $2.1
Issuances of common shares, net of issuance costs 3.6 Acquisition of 3GTMS On March 24, 2025, Descartes acquired all of the shares of 3GTMS, a leading provider of transportation management solutions. The purchase price for the acquisition was approximately $112.7 Additions to property and equipment (1.9) Net change in cash (59.7)
Supply chain automation refers to the tools and technologies we can use to make manual tasks automated, reducing the need for human workers. When stock reaches a certain threshold the system automatically triggers purchase orders to suppliers. What is Supply Chain Automation?
Rising costs, supply chain chaos, and economic swings put businesses under enormous pressure to protect their margins. According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurementcost reduction.
Depending on the nature of your business, your trading partners or your location, this could include procurement strategies, demand planning, logistics, and global trade management among others. Mastering Direct Spend Management Procurement teams generally do not report to the chief supply chain officer.
Reduced inventory: A manufacturing execution system updates inventory records with new production so that purchasing, shipping, and planning departments always know exactly what material is available. This saves manufacturing, transportation, storage, and inventory monitoring costs.
Well, the chart below illustrates the Level 1 Supply Chain KPIs that I suggested for a company in the past (these are for just one specific industry): For reference: Advantage = the top 20% performers in this sector Parity = the next 30% of organisations Disadvantage = the lower 50% The results in the Blue boxes are a sample company.
As operations, maintenance, and supply chain leaders navigate a landscape shaped by rising asset complexity, volatile supply chains, and tight capital budgets, the pressure to optimize every part, every process, and every purchase has never been greater. Provides insights into supplier reliability to inform procurement decisions.
By applying technologies like Generative AI, organizations will be able to drive efficiencies in the way we work that will create trillions of dollars in economic value, by reducing working capital, increasing agility, and reducing waste, while making better decisions based on data and analytics, not on gut feel.
As operations, maintenance, and supply chain leaders navigate a landscape shaped by rising asset complexity, volatile supply chains, and tight capital budgets, the pressure to optimize every part, every process, and every purchase has never been greater. Provides insights into supplier reliability to inform procurement decisions.
Manhattan Associates, the supply chain software provider whose stock was a wild ride several months ago, reported earnings Tuesday that were cheered by investors and possibly signaled a broader demand turnaround in that sector. The earnings report for the second quarter appears to be changing that narrative. Total revenue of $272.4
In 2023, the National Institute of Standards and Technology (NIST) reported that 62% of organisations experienced a supply chain-related cyber incident. The average dwell time (how long they stay before getting caught) is 212 days , according to IBM’s 2024 report. Vet Every Vendor Don’t just check references.
Chart of the Week: Van Contract initial report of average base rate per mile, National Truckload Index (less estimated fuel costs above $1.20/gal) What are the takeaways from the first half, and what should we watch for in transportation markets over the next six months? gal) – USA SONAR : VCRPM1.USA, USA, NTIL12.USA
Cost management challenges Negotiating a reasonable price with suppliers can be tough, as you still have to strike the right balance between product quality and cost savings. Moreover, prices are susceptible to change with fluctuations in tariffs, raw material costs, transportationcosts, and exchange rates.
Jonathan Starks , CEO of FTR Transportation Intelligence, observes, “A trade war would be bad for growth, bad for supply chains, [and] bad for consumers.[2] A related strategy to supply chain diversification is relocating manufacturing facilities to reduce transportationcosts and shorten supply lines.
Identify new technologies for supply chain logistics management operating models In the next couple of years, many organizations will undergo transformations that will affect the way they engage with, and draw value from, technology, Gartner says. There will be a document to refer to at any time by any one who needs clarification.
One measure of the health of the US manufacturing sector is the US Purchasing Managers Index from the Institute of Supply Management. There will be a document to refer to at any time by any one who needs clarification. link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! growth for all 2025, 2.8%
Each of them has a role to play in procurement, but it’s important to understand the differences between them to ensure that you apply the right tool for the right job. Generative AI (GenAI) refers to artificial intelligence that creates new content (text, images, music, code, etc.) based on self-supervised learned patterns.
In international trade, “de minimis” refers to the threshold value of goods under which no duties or taxes are applied at the border. air, ocean, land) of transportation by which the goods arrive to the United States. Please refer to the below for important details regarding comment submissions and related deadlines.
Gartner says, adding that “They are approaching the current environment from a data-driven analytical method that wasn’t nearly as prominent five years ago.” There will be a document to refer to at any time by any one who needs clarification. link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article!
There will be a document to refer to at any time by any one who needs clarification. or offshore, the nonprofit Reshoring Initiative's free Total Cost of Ownership Estimator can help corporations calculate the real P&L impact of reshoring or offshoring. Everything has a proof. We have to keep this in mind.
There will be a document to refer to at any time by any one who needs clarification. or offshore, the nonprofit Reshoring Initiative's free Total Cost of Ownership Estimator can help corporations calculate the real P&L impact of reshoring or offshoring. What do you say? Everything has a proof. We have to keep this in mind.
There will be a document to refer to at any time by any one who needs clarification. or offshore, the nonprofit Reshoring Initiative's free Total Cost of Ownership Estimator can help corporations calculate the real P&L impact of reshoring or offshoring. Everything has a proof. We have to keep this in mind.
In the first facility management was focused on controlling the workforce through individual metrics. There will be a document to refer to at any time by any one who needs clarification. link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Everything has a proof. We have to keep this in mind.
The final pillar of defense against cargo theft involves collaboration with trusted partners to track threats and report incidents – which often doesn’t happen even in today’s environment. There will be a document to refer to at any time by any one who needs clarification. Everything has a proof. We have to keep this in mind.
Ongoing disruptions in the Middle East are driving up supply chain costs across energy, transportation, insurance, inventory, and technology. Assess and mitigate exposure to new global transportation bottlenecks 2. Prepare CFOs for continued supply chain cost volatility 3. Supply Chain Digest Says. What do you say?
There will be a document to refer to at any time by any one who needs clarification. or offshore, the nonprofit Reshoring Initiative's free Total Cost of Ownership Estimator can help corporations calculate the real P&L impact of reshoring or offshoring. Everything has a proof. We have to keep this in mind.
There will be a document to refer to at any time by any one who needs clarification. or offshore, the nonprofit Reshoring Initiative's free Total Cost of Ownership Estimator can help corporations calculate the real P&L impact of reshoring or offshoring. Everything has a proof. We have to keep this in mind.
But according to a report on the data, US birth rates rose only for one demographic: Hispanic women. births per 1,000 women in 2023 was the lowest ever recorded since data collection began in 1909, according to the CDC report. That left logistics costs as a percent of US GDP down a bit in 2024 to 8.7%. trillion, up from $2.44
of GDP The Council of Supply Chain Management Professionals (CSCMP) and partners Kearney and Penske Logistics are out last week with the 2025 State of Logistics Report, looking primarily at 2024 data. The US thus spent about $131 billion more in parcel shipping than it did in rail transport last year - a bit more than a delta of $127.4
I will note we lost one member of our index when software maker and privately held Aptean acquired Logility early in 2025, and will soon lose another software company when non-public WiseTech’s purchase of e2open is finalized. There will be a document to refer to at any time by any one who needs clarification. Everything has a proof.
Click here to send us your comments The Cass report showed May shipment volumes in the US were down 3.4%seasonally Click here to send us your comments The Cass report showed May shipment volumes in the US were down 3.4%seasonally There will be a document to refer to at any time by any one who needs clarification.
Commandment 9: Insist on User Friendliness Independent of the effort put forth to design a system, purchase hardware and develop software, the single biggest test of implementation occurs when an operator attempts to scan bar coded media. There will be a document to refer to at any time by any one who needs clarification.
That was captured in the SOL report by the chart below, which shows uncertainty, as tracked by something called the Economic Policy Uncertainty Index from an organization of academics using the same name as the index. Source: State of Logstics Report 2025 May you live in interesting times, as the Chinese saying goes.
Deregulation undertaken by Jimmy Carter meant that the federal government no longer had to approve routes and prices for interstate air transportation. There will be a document to refer to at any time by any one who needs clarification. link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article!
Added costs in the form of gross vs. net customs duties (referred to as drawback) can have a negative impact on a particular business product margin and cost-of-goods sold (COGS). Ask any of the professionals that are involved in global trade and tariff expertise, and you will understand.
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