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Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.
However, today, the term “artificial intelligence” is frequently used as a catch-all for technologies ranging from predictive text and chatbots to deep neural networks and autonomous agents, many of which are only loosely connected to the original notion of “intelligence”. What is Predictive AI?
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More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. What’s next.
Morgan Global Manufacturing PMI® report, a composite index produced by J.P. On the slightly positive side, the July report indicated that rates of input cost and output charge inflation have both eased to 17-month lows. reported for June. The report authors noted the first drop in manufacturing output since June 2020.
Supply Chain Matters provides a further global supply chain assessment in the highlighting and added insights on reported October 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. value reported for September.
Supply Chain Matters provides readers with a further installment in our global supply chain assessment series, specifically in providing highlights on reported July 2024 global wide PMI activity levels. Report commentary by Bennett Parrish, Global Economist at J.P. Product demand levels are essentially focused on domestic market needs.
In a continued effort to grow its presence in the North American market, DB Schenker announced the $435 million purchase of USA Truck on June 24, 2022. While the transaction is still awaiting shareholder discussion and regulatory approvals, the deal includes the cash purchase of all remaining USA Truck common stock. year-on-year.”
A lack of transparency in the procurement of outsourced services can also lead to a number of other challenges, putting banks at risk for corruption and fraud. . How Integrated Procurement Software Solutions Can Help Banks Get Compliant . Procurement has a central role to play in helping banks get compliant with the new regulations.
Supply Chain Matters provides readers with a September and Q3-2024 global supply chain assessment focused on reported global wide PMI activity levels. The reported September data provides added reinforcement of a global manufacturing slowdown occurring at the end of Q3-2024. The reported September value declined to 45.0
Supply Chain Matters provides highlights perspectives and added insights on reported August 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The August reported value rose to a three month high of 49.0 reflecting a 0.8
Supply Chain Matters provides readers and clients with a further installment in our global supply chain assessment series in providing highlights on reported June and Q2- 2024 global PMI activity levels. Germany, Austria and Poland were reported as the three lowest PMI activity levels. average reported for Q1-2024.
Supply Chain Matters provides highlights and added perspectives on reported November 2022 global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMI® report for November 2022, a composite index produced by J.P. The November report reflected a 29-month low value of 48.8, reported for October.
In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The two recognized PMI reports for U.S. Global Wide Production Activity.
EV producer Tesla reported a setback in quarter over quarter vehicle production and delivery performance. The EV auto maker reported quarterly deliveries amounted to 254,695 cars in Q2. That delivery number compared with the 310,048 reported deliveries in the first quarter of this year. Volkswagen.
Supply Chain Matters provides highlights of February 2023 reported global and regional PMI indices which appear to indicate some stabilization within global supply chain networks. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported 50 value for February was up 0.9
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Often, we end up asking the partner in Germany or Spain or somewhere, ‘Can you air freight this? It’s a constant headache for our purchasing manager. Accurate data is essential for making the right decisions around purchasing and resource planning. Consolidated purchasing can help bring costs down, he adds.
Now Electra has offices in France, Belgium, and Italy, with Spain and Switzerland marking the next destinations on their expansion roadmap. Rémi Lelarge, the Head of Procurement and Logistics at Electra, shared their story of building a comprehensive procurement process with Precoro.
Iran and Spain were highly infected. For far too long Supply Chain has been considered a back office, transactional functions placing purchasing orders and moving and receiving goods. Taking Total Cost of Ownership Seriously. Shortly thereafter the tsunami of infections overtook Europe. Italy locked down the country.
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