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Global trade is complex, and supplychains are intertwined and interconnected. Supplychain leaders must adapt and use smart strategies to remain competitive. This article explains how to understand US tariffs and lessen their impact on supplychains. This builds resilience during uncertain times.
As part of our theme this quarter on Procurement’s role and value in supplychain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways. And we must remember that one cannot escape supplychain risks.
Consider this your business suddenly faces a major supplychain disruption. But the truth is, a fragile supplychain can make or break your companys success in today’s world. But the truth is, a fragile supplychain can make or break your companys success in today’s world.
The global supplychain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supplychain management.
Even global manufacturers –– companies across industrial, automotive, chemical, and energy industries –– are scrambling to mitigate the impacts of labor, material and energy shortages, delays, inflation, and unexpected events. Yet, progress is slow and often reactionary, and a reactionary mindset fails to address the underlying causes.
The Disintermediation of the SupplyChain! Collaborate with Suppliers and Partners Successful supplychain management relies heavily on collaboration. By working together efficiently, the supplychain can be streamlined, improving overall performance and customer satisfaction.
Audit SupplyChains: Identify and address environmental and social risks in the supplychain. Risk Management Actionable Steps: Identify Risks: Develop a checklist of potential procurement risks, such as supplychain disruptions or quality issues. The Lean Six Sigma Pocket Toolbook ).
Skip to main content Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. To remain competitive, organizations must fundamentally rethink their approach to supplychain management. You can unsubscribe at anytime.
The Resilient SupplyChain! Supplychains are believed to be the backbone of your business operations. Supplychain disruptions are unpredictable but can be controlled. There’s no supplychain immune to the disruptions. Technology advocates for automation of the supplychain processes.
Skip to main content Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. Tariffs have become one of the most disruptive variables in global supplychains. You can unsubscribe at anytime. From the U.S.-China
Supplychain reports offer a comprehensive view of your entire supplychain operation. What are SupplyChain Reports? Moreover, i dentifying and mitigating potential risks associated with supplier performance, such as disruptions to the supplychain or quality issues.
The SupplyChain Renaissance Has Begun! In the complex world of business, the supplychain serves as the backbone, connecting the dots between production and customer satisfaction. Cost Reduction A streamlined supplychain is a powerful tool for cost management.
Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supplychains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supplychain visibility and monitoring solutions a top priority.
Breaking Down Business Silos Supplychains don’t exist in isolation. To truly build resilience across the entire organization — including supplychain and logistics — businesses need to remove the internal silos that can lead to restricted data flow and collaboration. It all starts with adaptability.
In today’s interconnected global business environment, supplychain risk management (SCRM) has emerged as a critical discipline for organizations striving to maintain operational continuity and a competitive advantage. Supplychains are increasingly susceptible to disruptions caused by both predictable and unforeseen events.
Skip to main content Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. You can unsubscribe at anytime. times higher than operational emissions, according to data from the U.S. Environmental Protection Agency.
Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. You can unsubscribe at anytime. Sign up A valid email address is required. Please select at least one newsletter. By Max Garland • Feb.
Subscribe The SupplyChain Renaissance Has Begun! Efficient supplychain management is the key. All of this is possible thanks to an optimized supplychain. This requires everyone in the supply network to share accurate and timely information to identify problems and streamline processes.
Supplychain and procurement have undergone a seismic change in recent years. Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supplychain skills are simply no longer enough for success.
In an age where supplychains stretch across continents and rely on increasingly complex data streams, the ability to present data clearly and effectively is no longer a luxury—it’s a strategic necessity. Here’s how better presentation of supplychain data can directly impact decision-making: 1.
In today’s competitive market, every drop of efficiency in extraction and logistics fuels innovation across supplychains, ensuring that products reach consumers faster and at lower costs. How does oil and gas production drive global supplychain innovation?
Impact of Globalization and SupplyChain Complexity : The complexity of global supplychains highlighted procurement’s role in managing risks, ensuring continuity, and driving efficiencies. CFOs began to see procurement as critical to business continuity and organizational agility.
Ivalua NOW AMER 2025 in New Orleans was an event that exceeded all expectations, delivering an unforgettable experience for our thriving procurement community. ” Hosting the event at the renowned home of the New Orleans Saints amplified the energy and excitement. We came, we connected, and we conquered!
It’s Event Season 2025! It’s Event Season 2025! Spring and summer mark a season of innovation, connection, and momentum in procurement, as well as some of the industry’s biggest annual events. Here are four of 2025’s past events where Arkestro was a major presence. Resources / Blog / Where in the World is Arkestro?
In the YouTube video titled “tackling SupplyChain Challenges in Creative Ways ”, Sarah Barnes Humphrey delves into the world of supplychain collaboration and technology with Frasier from Beacon Technologies.as
However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supplychain resilience, and modernizing outdated operating models. Shielding Your SupplyChain: Ensuring Continuity in a Volatile World Supplychain disruptions have become the new normal.
SupplyChain Disruption in 2025: Navigating SupplyChain Issues Supplychain issues have become the defining challenge for multichannel merchants in 2025. When supplychains falter, customer satisfaction plummets and competitors gain ground. What Are SupplyChain Issues in Plain Language?
The Manufacturing SupplyChain Journey through AI and Automation Manufacturing SupplyChains Explained The manufacturing supplychain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.
In today’s fast-evolving business landscape, procurement and supplychain professionals are confronted with a staggering complexity of risk management (link to complexity piece) that requires a nuanced understanding of various dimensions of risk. Recent events have illustrated how interconnected and fragile supplychains can be.
AI is moving from hype to reality, and the C-suite is under mounting pressure to deliver clear, ROI-driven strategies—especially in the high-stakes world of procurement and supplychain. On-Demand Webinar: AI on the Board Agenda: Redefining Procurement & SupplyChain for Manufacturing’s Next Chapter Watch Now
Skip to main content Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. supplychains across nearly every industry—from industrial machinery and building materials to food and beverage, consumer goods and electronics.
Manufacturing and industrials: Strengthening the supplychain backbone In the manufacturing world, procurement is about much more than just tracking spend its the heartbeat of supplychain management. Supply network modeling, now integrating large language models (LLMs), allows for precise tracking and material tracing.
Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. You can unsubscribe at anytime. Retrieved from Yedi Houseware on July 17, 2025 Listen to the article 3 min This audio is auto-generated.
In fact, year after year, this one post continues to rank #1 among all posts in terms of reads: Managing SupplyChain Risk: The Nokia and Ericsson Case Study Case Study Recap Nearly a decade ago, lighting struck a Philips microchip plant in New Mexico, causing a fire that contaminated millions of mobile phone chips.
As supplychains become more interconnected and risks more dynamic, traditional procurement tools fall short. Businesses are moving and changing at an incredibly rapid pace, and supplychains are becoming increasingly complex. AI is reshaping the way organizations source, manage suppliers, and drive value today.
As supplychains become more interconnected and risks more dynamic, traditional procurement tools fall short. Businesses are moving and changing at an incredibly rapid pace, and supplychains are becoming increasingly complex. AI is reshaping the way organizations source, manage suppliers, and drive value today.
Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. Clorox expects productivity gains in its supplychain to start in fiscal 2027, Bellet said. You can unsubscribe at anytime.
The challenge is compounded by the comparatively slow digital transformation in the supplychain and distribution sector, with many organizations remaining dependent on pricing systems that are either fully or partially manual. As the speed of trade policy changes continues to escalate, spreadsheets simply cannot keep up.
Yet the complex supplychains behind those therapies are increasingly vulnerable. A System Under Strain The fragility of the medication supplychain isn’t theoretical; it’s happening in real time. Alarmingly, 7% attributed at least one medication safety event to a shortage-related issue. drug spending reached $37.1
By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. That makes agility a foundational part of your manufacturing strategy.
Skip to main content Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. Add to this the pace of technological change in the supplychain space, and you have a perfect storm of challenges facing procurement departments across industries.
2) E-sourcing Once demand is clear, e-sourcing enables teams to launch sourcing events through structured, automated workflows. Procurement teams use e-auctioning software to run reverse auctions or dynamic bidding events, where multiple suppliers compete to offer the best price for a standardized product or service.
This is especially true as many manufacturing procurement departments struggle with exactitude, efficiency, and unforeseen events that keep them from meeting their goals. This process ultimately leads to faster delivery times, more significant cost savings, and improved supplychain resilience.
Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. You can unsubscribe at anytime. By Edwin Lopez • Jan. By Kelly Stroh • Feb.
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