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Subscribe SupplyChainVisibility Has Never Been More Important! Supplychains are more complex than ever, stretching across continents, industries, and multiple stakeholders. What is Real-Time SupplyChainVisibility?
Visit our In-Depth Guide to Risk Management for an explanation of this complex environment. For today’s vendor viewpoint we spoke with Nick Francis, Chief Technology and Marketing Officer (CTMO) at Commercial Value Management specialist Brooklyn Solutions.
Bowman, SupplyChainBrain Supplychains consist of imperfect humans struggling to make perfect decisions. That, at least, is the theory behind mathematical optimization, and the way it’s being applied to supplychainmanagement today. In the end, though, it all comes down to a game of numbers.
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.
In a whirlwind of developments in the world of supplychainmanagement, the latest headlines are buzzing with the news of boeing machinists bringing an end to thier strike. Alongside this, the Institute for SupplyManagement has also made waves with their latest updates.
The most recent Hackett Group Report highlights key priorities reshaping procurement in 2025, including technology adoption, the rise of Generative AI, and managing emerging risks. However, simply cutting costs isnt a sustainable strategy CPOs must move beyond tactical price reductions and embrace strategic cost management.
Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets. Supply network modeling, now integrating large language models (LLMs), allows for precise tracking and material tracing.
SCB Feature Report From DPW: What’s Next for AI in SupplyChain? Image: iStock/JuSun June 18, 2025 Helen Atkinson, Managing Editor “The future is already here; it’s just not evenly distributed,” wrote William Gibson in his 1984 novel Neuromancer. Putting a brain behind those would be “very powerful,” he said.
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 supplychainvisibility and monitoring solutions a top priority.
Below are five challenges organizations face in navigating the modern order management journey and how leading OMS technologies are answering the call. Below are five challenges organizations face in navigating the modern order management journey and how leading OMS technologies are answering the call.
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. Real Outcomes, Measurable Impact Digital transformation in medication management is already demonstrating results.
AI also improves the efficiency and cost-effectiveness of supplychain operations, both in terms of automating processes, and finding ways to refine pricing strategies and take advantage of forecast trends. Teams are more transparent and closely connected, further improving efficiency when responding to an event.
The SupplyChain Renaissance Has Begun! As a former COO, overseeing Kaizen events, value-stream mapping analysis , upgrading ERP systems, and implementing customer success programs, I recall how easy it was for functional leaders to get bogged down in their own imperatives and lose sight of the big picture.
It demands a deep dive into complex calculations and multi-faceted considerations that impact everything from sourcing and production strategies to long-term investment and risk management. That’s why, in the wake of the COVID-19 pandemic, 93% of supplychain leaders said they wanted to make their supplychain more flexible and resilient.
AI is about more than fixing problems — its fundamentally changing how supplychains operate. According to Forbes Market Insights , the global supplychainmanagement market is projected to grow from $23.58 The system is now helping to plan and manage the supplychain strategically and collaboratively.
As operators struggle to build agility and scale while they manage costs, the use case for person-to-goods (P2G) robotics is more compelling than ever. P2G automation provides flexibility in uncertain market conditions, ensuring that warehouses can improve metrics in quality, delivery and outbound and inbound operational efficiency.
For most CPG brands, indirect emissions — those that occur across the supplychain — represent the majority of their carbon footprint. Known as Scope 3 emissions, these are also the most difficult to measure and manage. That includes everything from raw materials and manufacturing to packaging and logistics.
Collaborate with Suppliers and Partners Successful supplychainmanagement relies heavily on collaboration. By working together efficiently, the supplychain can be streamlined, improving overall performance and customer satisfaction. In the end, this helps you process orders quickly.
s introduction of a universal 10% baseline tariff, for example, may appear a manageable challenge at face value. The recent wave of tariffs introduced by the U.S. and other global players goes beyond policy change to the point where it is structurally transforming international trade as we know it. Andrew Butt is founder and CEO of Enable.
In the absence of communication, even the best suppliers can only deliver marginal value at best. For optimal effectiveness, supplier selection, contract management , and supplier development must be supported by consistent, streamlined, and transparent collaboration. Collaboration brings visibility and agility for gaining market share.
Managing a successful supplychain requires more than just ensuring products are delivered on time its about building strong, effective partnerships with your suppliers. Risk management collaboration involves working together to identify and mitigate potential risks in the supplychain.
Deploying technology and predictive tools for risk management. For pharmaceutical importers in 2025, risk management begins not with reaction but with prediction. Successful importers are rethinking how compliance is managed internally. Scenario planning and stress testing.
As Spend Matters explored in its series on tariff management , a comprehensive response framework typically includes: Assessing exposure across your supplier base and bills of materials, down to parts, origin countries and HS codes. This makes visibility the cornerstone of any viable tariff management strategy.
Now is an excellent time to develop organizational execution intelligence, which means using data and analytics to optimize operations across inventory management, pricing and promotion to squeeze every last ounce of efficiency out of your processes. Prioritize execution intelligence. To use a rudimentary illustration from the U.K.,
Cold-chain shipping, for example, is extremely complicated in Hawaii, subject to climate concerns as well as intense regulation. Owning your cold chain (or finding a partner that does) is one way to reduce the complexity and make shipping more manageable. Prioritizing trust.
Photo: iStock/South_agency July 2, 2025 Helen Atkinson, Managing Editor How does a retailer stay ahead of the dizzying number of factors that go into whether it can sell what it puts on the shelves at a profit? And certainly there are more frequent, large events affecting companies, that had previously been spaced out.” AI can help.
With the rapid advancements in technology and the ever-evolving landscape of supplychainmanagement, the role of artificial intelligence is becoming increasingly vital. Join us as we analyze the key takeaways from this engaging discussion and contemplate the implications for the future of supplychainmanagement.
A key example is guided selling — a dynamic form of product search that asks users a series of questions to help winnow down the catalog to a manageable set of products that meet their exact specifications. But there are other forms of AI that benefit customers. The tool helps buyers find products faster, and reduces order errors.
These unpredictable changes make it increasingly difficult for suppliers to forecast costs, manage cash flow and ultimately ensure timely payments. SupplyChain Finance & Revenue Management Lawyer for 737 Crash Victim Families Slams DOJ Deal with Boeing Quality & Metrics U.S.
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Fifty-seven percent of respondents said they’re working with a third-party logistics provider, outside consultant or both on adopting potential technologies, so it’s important that supplychainmanagers understand how to get the relationship off on the right foot. What’s the underlying issue?
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Early Years (2007–2012) Focus: Cost reduction, globalization, basic supplier management Early posts like “Double Marginalization and Decentralized SupplyChain” (2007) highlight concerns about efficiency and structural optimization. Frequent posts on Black Swan events , ethical procurement , and supplychain myths in early 2025.
Discover how inventory planning software and improved lead time management can transform these challenges into competitive advantages. The 2025 Snapshot: Where Current SupplyChain Issues Stand Today's supplychain landscape presents significant challenges for businesses.
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However, implementing inventory management techniques such as ABC analysis and safety stock to optimize stock levels and minimize the risk of stockouts. Implementing strategies to improve order fulfillment accuracy, such as implementing barcode scanning and utilizing warehouse management systems (WMS).
Why Effective SupplyChain is Critical to a Successful ECommerce Business! While offering access to global markets, eCommerce has also created a new set of challenges for businesses, particularly when it comes to supplychainmanagement.
Among the sticking points is the difficulty of obtaining information about products through multiple tiers of the manufacturing supplychain, including acquisition of raw materials. Initially, he says, regulators will likely begin requiring origin data “from the first couple of layers down.” It’s all about the data,” he adds.
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Multimodal transport delivers on all fronts, enabling companies to switch modes, manage costs, lower emissions, and keep goods moving. It’s a logistics model designed for change — and the foundation for long-term supplychain resilience. Aaron Freedman is chief executive officer of ACI Transport.
As Procurement Leaders continues its Horizon 2030 product theme, the focus area for our resilience glide path is managing the web of regulatory change a topic that seems more appropriate with each passing day. PS If you arent a Procurement Leaders member, click here to access the findings.
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Sweating your assets is no longer about overworking your people or overburdening your systems — it’s about using technology to make the most of what you already have.
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