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
Five years ago, we all thought the COVID-19 pandemic resulted in the most disrupted supplychain landscape we would ever see. Since then, supplychain disruptions and volatility have only increased. The Ukraine-Russia conflict is ongoing. With the global e-commerce market predicted to reach $8.1
We remain committed to growing our business with prudent investments and cost discipline to build the premier network and technology for logistics-intensive businesses." Issuances of common shares, net of issuance costs 3.6 The purchase price for the acquisition was approximately $112.7 million, up 12% from $151.3
Industries dependent on these metals, including defense , renewable energy , electronics, and manufacturing, may experience supplychain disruptions, including delays, price increases, and supply bottlenecks, due to China’s leading role in their production. defense and technology. It is not clear whether 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. Now of course, companies must map out the potential impacts of the Russia Ukraine war. Russia shells Ukraine.
Walmart steps up automated store distribution. Cyberattack on Toyota’s supplychain shuts 14 Japanese factories. E2open acquires Logistyx Technologies. Xerox addresses $300m backlog due to supply shortages. Maersk and MSC said they would continue to move foodstuffs to and from Russia.
Located in the United Kingdom (UK), he has more than twelve years of experience in progressive roles driving demand-drive projects for their global supplychain. At the SupplyChain insights Global Summit , Nick shared his story on driving demand-based improvements. Understanding the Lubricant SupplyChain.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.
Another concerning development is Russia joining China in considering similar export controls for other key raw materials. May 2024 ban on imports of low-enriched uranium produced in Russia or by a Russian entity, and Russias subsequent ban on enriched U-235 exports to the U.S., government procurement of critical components.
by Alexa Cheater If there’s one thing you can count on in supplychain, it’s that things will change. It could be as relatively small as a last minute order or engineering change, or as big as an industry-wide shift that sends your end-to-end supplychain spinning in an entirely new direction. Global purchasing power.
Executives are plotting alternate supplychains or devising products that can be made elsewhere should China’s hundreds of thousands of factories become inaccessible. That prospect became more conceivable, they said, after the 2022 invasion of Ukraine prompted companies to sever ties with Russia, sometimes taking huge write-downs.
Supplychain is about thinking in terms of processes, customer values and collaboration, which is a word that she used frequently.” So said the jury that awarded Allison Thomas, supplychain director at PepsiCo Benelux, the title of ‘SupplyChain Professional 2013’. “I 14 | Cross-border supplychains.
Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.
Unpredictability is undoubtedly the major issue manufacturers face when dealing with fragmented supplychains. As the supplychain breaks, manufacturers must find new suppliers and new transport routes and find them rapidly, so that production doesn’t come to a halt. It’s exhausting for supplychain leaders.
” Difficult as it may be, supplychain professionals need to plan for the future. Right now, the industry cannot rely on historical data, so the value of real-time data and analytics has never been more important to help companies pivot and adapt.” .”[4]. What Might the New Normal Look Like?
Supplychain planning in emerging markets is different. Gartner analyst Debashis Tarafdar says that the large size of a country (like India, China or Indonesia) can mean “significant polarization of population between urban and rural with distinctly different buying capabilities and purchasing preferences. Transfer taxes.
Welcome to Elementum’s SupplyChain Market Report. This monthly newsletter observes one or two important macro trends through the lens of SupplyChain Management. We review how those trends are likely to impact SupplyChain and what leaders can do to adjust. Stalling Demand. tech stocks, mortgages).
West Coast ports reduce idling vessels as container supply increases. Europe agrees to cut natural-gas consumption as Russia crimps supplies. With its commitment to have all 100,000 electric delivery vehicles on the road by 2030, Amazon will save millions of metric tons of carbon per year.
In recent years, there has been a significant shift in the supplychain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supplychain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.
Welcome to Elementum’s SupplyChain Market Report. This monthly newsletter observes one or two important macro trends through the lens of SupplyChain Management. We review how those trends are likely to impact SupplyChain and what leaders can do to adjust. Now, the Euro is at $1.02.
Resilinc has published its 2022 Half Year report. For a taste of what’s included in the report, we’re highlighting some key year-on-year trends covered. Take a read and then be sure to download our 2022 Half Year Report – Gridlock for the full overview. Hot off the press! Russian hackers also stepped up attacks on U.S.
Lessons Learned from a Career in Procurement As part of our weekly SupplyChain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). At Mars, procurement (commercial as it was called) was one of the most highly regarded of the professions.
Last December, reporter Jeanna Smialek wrote, “Inflation has become central to the American zeitgeist in 2021 in a way that it hadn’t been for decades.”[1] ” What the authors are trying to explain is how much purchasing power a specific amount of money had relative to today. ” Inflation Explained. ”[3].
Here are my predictions from 2014, and an update on what I think will happen in these areas. Global supplychain footprints will continue to expand. No question the global supplychain is still going strong. SupplyChainTechnology Investments Will Continue to Escalate.and so will Master Data Management.
Meanwhile, the 2013 American Society of Civil Engineers’ (ASCE) Report Card for America’s Infrastructure gives roads a D grade — with other transportation infrastructure not doing much better (bridges earned a C+, ports a C, inland waterways a D-, and rail a C+). The article goes on: Last March, the U.S.
Establishing resilient supplychains is one of the top priorities for modern businesses, particularly when operating amid geopolitical volatility like the post-Covid aftermath, global repercussions of Russia's invasion of Ukraine, or extreme weather events. What is supplier onboarding?
Before Nornickel (Norilsk Nickel) became globally infamous for the Russia-Ukraine war profiteering of its largest shareholder, Vladimir Potanin , the company had a reputation as a leader in the emerging market for low-carbon nickel. But market demand for green and low-carbon metals is not going away.
A critical part of any supplychain is an effective and efficient supplychain risk management (SCRM) program. Without executive support, the SCRM program is likely to be under-resourced in terms of the appropriate skilled SCRM personnel and the appropriate SCRM technology and data to drive a holistic solution.
Spire and Gravity SupplyChain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. As this new global economic system grew, a corresponding supplychain—complex, powerful, virtually unquestioned—became its structural support system.
Less than four months ago, copper was setting record prices and experts were forecasting long-term supply gaps due to a collision between the growing demand for copper in clean-power technologies and the cost and difficulties of developing new mines. dependent on foreign sources. dependent on foreign sources.
Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictiveanalytics to forecast supply, demand, and pricing trends out to three months for commodities including but not limited: gold, silver, aluminum, copper, caustic soda, cobalt, helium, paper, and tin.
The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supplychain, you can navigate through a recession and come out as a winner.
The new technologies that are making renewables more viable. The rise in remote work has led to a drop in demand, not to mention the small matter of a price war between Russia and Saudi Arabia. The coronavirus pandemic has given the world a wake-up call about resiliency in supplychain. ” Other sources agree.
First, when the demand for fuel suddenly decreased so drastically at the beginning of the pandemic, the oil industry could not find ways to stop production fast enough to prevent flooding the market with record-low costs of fuel. How Can Shippers Maintain Control Over Rising Fuel Costs? of total sales at an estimated $1,747.3
Uncovering Risks Tied to Ethylene Oxide (EtO) Sterilization in Healthcare September 27, 2024 Case Study Table of Contents Executive Summary Through its purchase of a supplychain risk management illumination, a U.S. This revalidation process could be lengthy and directly impact the supply of critical medical technologies.
In 2022, the US CHIPS and Science Act boosted domestic research and manufacturing of semiconductor chips which led to fewer purchases of semiconductors from China. This is not the first time China has threatened the supplychain in retaliation. Another preemptive step you can take is to invest in commodity tracking software.
When you’re talking about assessing risk and making the best choices for a global, end-to-end supplychain that spans thousands of miles and involves dozens of trading partners, the stakes are a lot higher. Supply-side risk and disruptions are taking many forms. You can’t simply look up at the sky, assessing the cloud cover.
Subscribe to SupplyChain Game Changer. Some oilfield service providers, including Schlumberger and Halliburton, have changed their offerings to include more technologically advanced solutions, which improves efficiency. Subscribe Here! Email Address. Why Solids Control is a Game Changer for the Oil Industry!
The SupplyChain Matters blog provides another update on ongoing strategic sourcing and operational developments occurring among electric vehicle focused supply and production networks. Included in this update are Tesla , Rivian Automotive and Mercedes Vans , along with recycling technology start-up efforts.
EXECUTIVE SUMMARY First came steam power, then mass production, then industrial automation. which combines Cloud Computing, Big Data and Analytics, Horizontal and Vertical System Integration, the Internet of Things, and Cybersecurity to interconnect manufacturers and their customers and suppliers in an extended supplychain.
But emerging technology is now beginning to create new ways to think about sourcing risk, which in the past has been a very manual, encumbered process. But the real benefit of technology is the promise of moving to a more efficient process, as well as the ability to better FORECAST and PLAN and BUDGET for our future supplychain activities.
Supplychain woes. Economic uncertainty paired with rising costs. Continued supplychain disruptions. The supplychain bottleneck that most industries faced during the pandemic has improved in some areas but has not gone away. Geopolitical instability. Ecommerce disruption. Labor shortages.
Covid, Brexit and the war in Ukraine have all sent supplychain shocks around the globe, forcing firms to rethink their business-as-usual supplychain management strategies, and concentrate instead on building supplychain resilience. What is supplychain resilience?
It is always interesting to see emerging technologies tackling new issues. Icon, an Austin-based construction startup focused on 3D-printing technology, is showcasing one of its newest 3D-printed homes, dubbed “House Zero,” in East Austin. Russia-Ukraine war is worsening shipping snarls. And now on to this week’s logistics news.
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