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According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supplychain executives are losing the strategic gains they made with their C-suite counterparts. 28% of supplychain leaders cite cost reduction as one of the top three priorities currently.
I laugh when business leaders tell me that they are going to replace their current supplychain planning technologies with “AI.” Each supplychain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions. The reason?
The new year has arrived and so has the new wave of noteworthy news coming out of the supplychain space. A first-of-its-kind research project was published by the FAIRR Initiative, addressing human rights violations and overfishing in the seafood supplychain. As the year marches on, you can count on weekly updates here!
SupplyChain & Logistics News December 2nd – December 5th Experts claim that Cyber Monday the Monday following Thanksgiving is one of the busiest days for deliveries followed by the Mondays leading up to Christmas. As the demand sees no end and trade wars wage on, the future of the supplychain will not come without hiccups.
A new survey shows 55% of enterprises anticipate a major supplychain disruption to strike any time. With disruptions looming, procurement and supplychain managers are stepping up their game. No wonder, resilience is a top priority today. And guess what? What should they do differently?
SupplyChain & Logistics News (October 28th – 31st) A day late but, Happy Halloween! This increase in spending is not due to candy prices rising, the results from the survey show an overall candy prices only increased 0.9% According to the S&P Global Market Intelligence Americans are spending upwards of 4.1
Let me explain, if you fill out one of my surveys on LinkedIn, I share the research results in front of the paywall (I believe that supplychain research should be readily available and not locked behind a paywall.) (If Most see their supplychain as fixed and insular. I give thanks.
An interest group of the Singapore-based Logistics & SupplyChain Management Society (LSCMS), the Shippers Council is a professional association that counts members from organizations with a vested interest in logistics, including end users, technology and service providers, government and academia.
Increasing concerns over mass supplychain disruptions. Its a rollercoaster for logistics and supplychain leaders operating in global markets. Businesses are facing greater volatility as tariff changes wreak havoc on supplychains, operational costs, and overall profitability. Extreme tariff volatility.
Sifted ran a survey to determine consumer attitudes towards eco-friendly shipping and packaging. We gained valuable insight into how it affects buying decisions, if they'll pay more for eco-friendly shipping, and much more.
” Dragons are a good analogy for the risks faced by supplychains. No one can say for sure what dragons lie ahead in 2025 for supplychains, but some risks are known. Navigating this years looming risks to build a secure supply network has never been more critical.[1] ”[3] Climate Change.
In a survey we conducted in October 2020, 91% of our Indago supplychain research community members, who are all supplychain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
The survey was one of many, and I found the project relatively nondescript, bordering on boring. One of my lessons learned in completing survey-based research over the past twelve years, is that projects are full of surprises. In the survey, companies had over one hundred active continuous improvement programs.
Supply management. Supplychain management. Supplychain planning. Increasing Maturity of the Role of the Forecast for the SupplyChain Leader This gets me back to why technologies are not improving enterprise leadership’s ability to forecast and manage revenue. Are these terms the same?
Manufacturing leaders who built resilient supplychains were successful in 2021, despite the many supply and demand fluctuations. Supplychain visibility, collaboration, and orchestration are now the top priority for executives. Multi-Tier SupplyChains. Blockchain Expands SupplyChain Capabilities.
The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. Over the past three years, supplychain cycles shifted.
For the past few years, the news has been filled with stories about supplychain disruptions, supplychain fragility, and the need for supplychain resilience. A term once prominent in supply discussions optimization isn’t heard quite as often as it used to be.
Today’s article is the fifth part in a series featuring surveys from APQC on supplychain topics including ESG in supplychain , environmental sustainability , last mile , digital transformation. In May 2024, APQC gathered insights from supplychain professionals on Robotic Process Automation in supplychain.
AI is playing an increasingly pragmatic role in optimizing supplychain operations. Mythos AI: Mythos AI, in partnership with Newlab and Interlake Steamship, developed an autonomous vessel for conducting port depth surveys. This results in fewer trips, reduced fuel usage, and measurable emissions savings.
Speaker: Rosemary Coates - Board Member & Founder at Reshoring Institute, Best-selling Author, Host of the Frictionless Supply Chain podcast
Supplychain disruptions create uncertainty and unpredictability for both businesses and consumers. These disruptions bring to light an organization's supplychain dependencies, which they were often unaware of when everything was running smoothly. Supplychain trends to watch out for in 2023.
With the events of 2021, including the attack on the Colonial Pipeline earlier this year, the importance of supplychain cybersecurity is among the most in-demand factors driving adoption of third-party systems and resources in logistics. Download the Report: 2021 Peak Shipping Season Survey.
In a July 2024 survey of our Indago supplychain research community and Alpega customers, almost three quarters of the respondents (72%) said that integrating a large “open network” of vetted and trusted carriers with a transportation management system (TMS) would be either “Extremely Beneficial” or “Very Beneficial.”
Acronyms abound when it comes to supplychain. Today’s article is the fourth part in a series featuring surveys from APQC on supplychain topics including environmental sustainability , last mile , and digital transformation. Over the last few years, another acronym has been showing up on the radar: ESG.
The global supplychain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. Regulations may be more of a driver in the future.
Supplychains have weathered a lot recently: a pandemic, natural disasters, trade wars and more. The Economist and GEP surveyed 400 senior execs to find out their real business impacts. The results? Shocking, but not surprising.
”[2] Company executives now understand that being able to test scenarios and strategies that can help them successfully navigate todays volatile supplychain landscape is crucial. ”[5] Nothing is more important to a business than its supplychain. 3] Kayvaun Rowshankish, Rodney W.
Insights from Gartner’s Hype Cycle for SupplyChain Strategy, 2020. Supplychain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Our recent survey showed that only 17% of organizations make it a priority to invest in innovation.
Home No More Black Swans: The Age of SupplyChain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. Everything should be expected and planned for.
There are numerous indications that supplychain is more critical than ever. Results from The Conference Board’s C-SUITE OUTLOOK survey showed supplychain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs.
However, recent surveys of supplychain stakeholders reveal that many don't have the technology necessary to achieve it. This paper explores why dynamic and flexible point solutions are not creating dynamic, flexible, and resilient supplychains - and offers an alternative for what will. So, what's going on?
Last year, the MIT Center for Transportation & Logistics and the Council of SupplyChain Management Professionals (CSCMP) published a report entitled The State of SupplyChain Sustainability 2023. And every year, the path towards achieving those goals appears to cross supplychains.”
Having an effective supplychain practice has always been a difficult balancing act, even in relatively stable times. The pandemic has exposed flaws in business practices across industries, which have been acutely felt in their supplychain and procurement operations. Gap between supplychain and procurement.
Supplychain sustainability has become a very hot topic, but for a lot of people, there is uncertainty around its meaning. A recent ARC survey looked at reasons to address sustainability. This survey included over 400 respondents across a number of industries. Supplychain sustainability increases profitability.
In February 2023 I wrote the article What Does 2023 Have In-Store for Global SupplyChains? It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supplychain and logistics executives. Meanwhile, labor constraints are as binding as ever.
A research study conducted by The Journal of Commerce and FourKites surveyed hundreds of international shippers, exploring how their usage of global supplychain visibility technology has evolved since the onset of global disruptions caused by COVID-19.
The COVID-19 pandemic has exposed many risks and uncertainties in supplychain networks. Current Technologies in Use for SupplyChain Network Design . A recent Thomas survey found that 64% of manufacturing companies are likely to “bring production and sourcing back to North America” in view of COVID-19.
More Resources Home Red Sea Crisis and Early Peak Season Surge Disrupt Global SupplyChains for some SMBs Judah Levine July 24, 2024 Since early May, supplychains have faced significant disruptions due to congestion caused by Red Sea diversions and an early start to ocean freight’s peak season.
The phrases “transitory inflation” and “supplychain disruption” have been frequently used in the general and business news media this summer. Certainly, supplychain constraints are a partial cause of the current above trend inflation. This Summer’s Sales, Prices, and SupplyChain Performance.
Recent events have elevated supplychain to a top priority for CEOs across the globe. The Conference Board ( conference-board.org ), a well-known, global business membership organization, conducted its C-SUITE OUTLOOK survey in the fall of 2021. What supplychain resilience tactics will be utilized over the next year?
Speaker: Brian Dooley, Director SC Navigator, AIMMS
This webinar shares research findings from a recent survey among supplychain planning professionals and delves into the following: Who is typically responsible for forecasting? Is your demand forecasting process evolving with the times? How does your process stack up against others? How accurate are typical demand forecasts?
In June 2023, we asked members of our Indago supplychain research community — who are all supplychain and logistics executives from manufacturing, retail, and distribution companies — if they are using control towers in their supplychain operations. Read more
Yet, peak season does seem to be less stressful than last year, and a recent survey of 200 supplychain management professionals across companies with 500+ employees, conducted by Edelman Intelligence, has found some surprising facts about the coming peak season. Offering consultative guidance in supplychain strategy. .
Descartes’ 2024 Global Transportation Management Benchmark Survey shares responses from more than 630 companies, indicating there is a correlation between financial performance and the strategic importance senior management places on transportation. Unsurprisingly, only 24% of Not Important companies self-identify as early adopters.
Editor’s Note: The following is an excerpt of a research report published recently, “Buyer’s Remorse Survey Report.” Read more The post Preventing Buyer’s Remorse with SupplyChain Technology appeared first on Talking Logistics with Adrian Gonzalez.
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