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SEFE Securing Energy for Europe and marine infrastructure provider Hegh Evi have signed a Memorandum of Understanding (MoU) to jointly develop international supply chains for clean hydrogen to be delivered to Germany and other locations in Europe.
Businesses face heightened uncertainty in managing costs and securing stable energy supplies. Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. The industry’s dependency on traditional energy sources necessitates an urgent shift toward cleaner alternatives.
Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing. Blockchain technology is supporting this by providing a secure, decentralized, and tamper-proof method for real-time product tracking. This system ensures that every transaction (e.g.,
The company, heavily invested in Canadian manufacturing, faced a crisis because its raw materials were sourced from outside North America, disqualifying it from USMCA tariff exemptions. Develop financial flexibility by securing capital and implementing cost-cutting measures.
Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
Edge Hardware: The battle for edge hardware also intensified in 2024, as companies sought to deploy AI capabilities closer to the source of data. ChatGPT Search : This feature gives users a way to get answers from relevant web sources.
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
Source: mainebiz.biz In today’s rapidly evolving logistics and supply chain sector, warehouses are increasingly turning to innovative technologies to gain a competitive edge. Rooftop solar systems offer several advantages, including reduced energy costs, lower carbon emissions, and enhanced energy security.
Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Done well, it can become a key driver of competitive advantage.
From raw material sourcing to logistics and regulatory compliance, stakeholders across the value chain will need to prepare for structural adjustments. Sourcing and Ingredient Availability A central impact of this policy is the need to replace synthetic colorants with natural alternatives.
Companies leaning heavily on global sourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Consequently, when shortages emerged, they had already secured alternative sources, thereby averting a significant disruption to production. For example, U.S.-based
DOE Issues $755 Loan for Tennessee Synthetic Graphite Facility Novonix has secured a $754.8 BSR recommends planning for automation and migration impacts, building regional sourcing hubs, digitalizing supplier assessments, enhancing transparency, and embedding climate-smart planning to create resilient and sustainable supply chains.
Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.
SEFE Securing Energy for Europe and Hegh Evi to Develop Clean Hydrogen Supply Chains SEFE and Hegh Evi have signed a memorandum of understanding to develop international supply chains for clean hydrogen, supporting Germanys energy transition.
Erika is Vice President of Information Security at DAT Freight & Analytics, the largest truckload freight marketplace in North America. Currently Vice President of Information Security at DAT Freight & Analytics, she leads the vision, strategy, and execution of advanced security protections. Erika holds a Ph.D.
SEFE Securing Energy for Europe and Hegh Evi to Develop Clean Hydrogen Supply Chains SEFE and Hegh Evi have signed a memorandum of understanding to develop international supply chains for clean hydrogen, supporting Germanys energy transition.
It creates a single source of truth for your rate management, automating RFQs and streamlining the entire procurement process. million+ transactions annually This network effect means better visibility, more competitive rates, and unparalleled connectivity across the global logistics landscape.
Shortages of drivers is just one of the contributors to the difficulties shippers are having in securing the truck capacity they need. The post Difficulty is Securing Trucks to Haul Freight is Changing the Face of Logistics appeared first on Logistics Viewpoints. Autonomous Freight Trucks.
The shortage has not impacted Charlottesville’s other major healthcare provider, Sentara Health as this organization sources its IV solutions from a different manufacturer. UVa Health said it is working on reducing any unnecessary waste of IV products, including IV fluids, dialysis fluids, parenteral nutrition, and irrigation fluids.
Edge computing processing data locally, near the source has emerged as a method to address these challenges by reducing latency and improving resiliency. Data security at the edge also presents risks. Securing sensitive information such as shipment details, customer data, and operational parameters is a continuous concern.
What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.
Journalist Chris Gorrie reports, “Walmart’s heavy reliance on self-checkout has necessitated the deployment of workers as makeshift security personnel, actively monitoring customers for potential theft.”[2] Nevertheless, more stringent security measures will continue to be put in place to curtail theft.
Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. Strategic sourcing plays a critical role in this transformation, ensuring organizations secure the best value while mitigating risk.
We’re talking about solving for the entirety of the procurement lifecycle from strategic sourcing through execution and analysis. Another global retailer used our platform during the Red Sea crisis to identify alternative routing options and secure capacity ahead of competitors.
Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.
One of the most transformative tools in this regard includes, digital sourcing or also referred to as, e-sourcing applications. These digital platforms have revolutionized how businesses approach sourcing by enhancing efficiency, reducing costs and fostering better supplier relationships.
Healthcare Exigers latest analysis using ourexpansive supply chain visibility AI, A Bitter Pill: America's Dangerous Dependence on China-Made Pharmaceuticals , exposes the vulnerabilities within America's healthcare supply chain, highlighting insights that are critical for national health security. pharmaceutical supply chain vulnerabilities.
Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?
Background China’s new export controls require licenses to export 20 tungsten, tellurium, bismuth, indium and molybdenum-related products to safeguard national security interests. China's Production of Impacted Minerals Source: Bloomberg In recent years, China restricted the exports of several other critical minerals.
What is Source to Pay (S2P)? Yet in the case of source to pay, it is wholly justified. That said, many organizations, including large enterprises, may not think in terms of source to pay as an end-to-end process, if they think about it at all. Yet there are good reasons to do so. the public sector).
Learn how to secure aerospace and defense supply chain resiliency with five key areas to note in the National Defense Authorization Act (NDAA) for FY 2025. It covers everything from funding for defense programs to weapons procurement and national security initiatives. Department of Defense each fiscal year. manufacturing capabilities.
Collaborate on POs and demand forecasts Real-time visibility into ASNs and shipping notices Real-time risk and issues detection with proactive alerting Supplier performance management Optimize Distribution Networks Network Design and Optimization : Reconfigure warehouse locations and logistics for regional or localized supply chains.
Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. If nothing else, the last few years highlighted the importance of sourcing strategically. Upcoming Recession? Price Volatility.
It creates a single source of truth for your rate management, automating RFQs and streamlining the entire procurement process. million+ transactions annually This network effect means better visibility, more competitive rates, and unparalleled connectivity across the global logistics landscape.
In todays complex and often volatile global environment, procurement leaders face mounting pressure to cut sourcing costs while navigating geopolitical instability, inflation, tariffs and talent shortages. The truth is, sourcing smarter isnt just about softwareits about strategy, support, and best practices.
At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. As disruptions become the norm, Supply Chain Planning and Source-to-Pay (S2P) cycles need to be increasingly dynamic and intertwined.
Highway provides brokers with comprehensive data on carrier equipment to supercharge their capacity sourcing and vetting efforts. The company accelerates connections and drives engagement, making the industry more integrated, digital, and secure. The company is committed to improving security and efficiency in the industry.
As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. American Supply Chain Resilience Act and the German Supply Chain Act are just two examples of this.
What is the role of make, source, and deliver? As a result, leaders reward firefighting and planners holding onto spreadsheets like Linus holds onto his security blanket. Define a proactive approach and the value/economies of scale of planning manufacturing/transportation and sourcing together. What defines a feasible plan?
national security, including defense, energy, and healthcare. Antimony (Sb): A metalloid used primarily in flame retardants and lead-acid batteries; predominantly sourced through stibnite (Sb2S3) ore. Even when sourcing from countries like Belgium, Germany, and Japan, there is often upstream exposure to China.
As Tim Payne, Research Director at Gartner, emphasizes: Responding to the customer can be achieved with cost overruns, excessive inventory and firefighting, but to respond profitably means understanding the sources of volatility and planning for them appropriately.
He founded Altana in 2018, along with co-founders CTO Peter Swartz and COO Raphael Tehranian, after identifying a need for access to a trusted source of real time supply chain information. Through Altana, organizations across the public and private sectors are building a more resilient, secure, inclusive, and sustainable globalization.
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