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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 realtime. Automation fed by real-world data can streamline operations, eliminate redundancy and accelerate response times.
According to our 2024 report, Generative AI in the B2B Marketplace , 81% of B2B businesses are already investing in AI, with 79% anticipating increasing their AI budgets within the next year. What can supplychain leaders do to mitigate these risks? Yet these same companies have the same anxieties about investing.
Learn about Ivalua’s AI-powered virtual assistant and how it can help you save time, reduce risk and improve decision-making across the source-to-pay lifecycle. Inefficiencies are baked into the procurement process, wasting time and budget while leaving the door open to errors such as missed deadlines or incorrect orders.
Skip to main content Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. times higher than operational emissions, according to data from the U.S. Environmental Protection Agency.
The modern procurement leader must manage risk, drive ESG, deliver cost savings and enable innovation often without additional headcount or budget. This was the focus of a webinar that took place on March 26. Externally, risk and compliance obligations mount, supplychains are stretched and stakeholder expectations broaden.
Kenco’s 2025 SupplyChain Innovation Survey found that one in four professionals now have $500,000 or more in their budget to incorporate new tools and technologies, and 39% have seen their budgets increase this year. And, of course, 41% are going all in on artificial intelligence-powered technologies.
Vehicles are sidelined, drivers grow frustrated, and delivery times slip. Without experienced managers in place, truck availability drops, repairs are delayed, and cost control becomes difficult. Without experienced managers in place, truck availability drops, repairs are delayed, and cost control becomes difficult.
In short: Instead of sweating the cost of expansion, consider automation that helps you sweat your existing assets more effectively. Real estate costs are soaring. You’re seeing higher throughputs, and you have to achieve them in a shorter time span,” Senn explains. “If Consumers expect rapid, error-free delivery.
This delay creates a dangerous blind spot for operators — higher landed costs, longer lead times and shifting sourcing patterns will start to accumulate in warehouses over the next two to 12 months. This is exactly where inventory robotics employing artificial intelligence is reaching an inflection point in 2025.
From electronics manufacturers to retail giants, companies are grappling with a complex landscape of rising duties and other supplychain challenges. The stated aim of those measures is to bolster domestic manufacturing and reduce reliance on foreign supplychains. Tariffs also destabilize supplychain operations.
VS America wanted to formulate a supplychain strategy for right-sizing its distribution footprint and improving the end-to-end flow of products from its manufacturing plants to its end customers. VS America selected JLL as a trusted business partner to validate the companys supplychain strategy as well as support its execution.
For many, higher costs, supplychain delays, and unpredictable inventory flows are creating significant hurdles. Or, if you’ve been relying on one supplier, it might be time to explore other options to diversify your sources and potentially reducecosts. Focus on operational efficiency.
The retail sector now faces mounting cost pressures and volatility, with ripple effects expected across the supplychain from manufacturers to store shelves. Supplychainvisibility is critical for enabling more accurate demand forecasting and smarter sourcing strategic decisions.
Skip to main content Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. Inflation remains a stubborn force, interest rates are at multi-decade highs, and cost containment is a top priority for many organizations.
Shopping behaviors are shifting, and consumers are scrutinizing products and labels more than ever at the point of purchase to ensure they align with their preferences and budgets," said Bob Carpenter, president and CEO of GS1 US. Timely, incisive articles delivered directly to your inbox.
The budget carrier has tried to offset weakness in Japan by expanding in Southeast Asia, South Korea and China. million passengers, 29% more than the same time last year. At the same time, costs continued to weigh on the airline’s results. Timely, incisive articles delivered directly to your inbox. to about HK$3.7
ERP vs. Best-in-Class for Healthcare SupplyChain Management? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts. The verdict?
As the demands on supplychains continue to increase, so do the expectations of consumers. Supplychains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises.
Supplychainvisibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supplychain. By having a clear view of their entire supplychain, businesses can identify potential issues and take steps to mitigate them. million, up from $1.9
The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supplychain resilience and continuity, reducecosts and protect the bottom line. Take, for example, delivery schedules,” Jones said. 3) Optimize Decision-Making.
The root causes of these issues often stem from a clash of the following critical SupplyChain Variables: Poor Toxic Culture. Flawed or outdated Technology and Equipment that limits visibility. The company leverages a few key metrics and assures that data is available in many cases in realtime. Flawed Processes.
For our readers who couldn’t/didn’t attend, here are our own reflections based on the time we had ( if we missed you, apologies, but do reach out to us here to get your procurement tech solution in front of our analysts ). So cleansing of SMFs is vital, even though it takes time.
Understanding the Importance of Inventory Management Inventory management plays an important role in the success of any business, particularly for small businesses with limited resources. Effective inventory management allows you to optimize your stock levels , minimize holding costs, and ensure timely order fulfillment.
Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. I think it is time to update the IBP belief sytem to be more reflective of current times, technology & ways of working, and create a modern IBP vision.
In a recent Ivalua webinar , Ardent Partners’ Chief Research Officer Andrew Bartolini presented Ardent Partners’ 8th annual Procurement Big Trends and Predictions, and shared findings and insights from the firm’s 2020 research and conversations he’s had with fellow analysts and procurement professionals. Our supplychains became resilient.
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