China on a Logistics Spending Spree
Chinese companies are acquiring overseas warehousing, trucking, and other logistics service providers in record numbers as part of its goal to build a new Silk Road. Total acquisitions in Europe, Asia, and other regions by Chinese groups of logistics companies more than doubled in the first 11 months of 2017 compared to all of 2016, […]
Read MoreFive Reasons to Consider Cloud Services for Your Supply Chain
Supply chain and logistics management uses resources, processes, and technology to create solutions that deliver the right goods to the right place at the right time—as quickly and cost effectively as possible. Managers looking for technology to support those solutions may find that cloud computing offers some compelling options. Lower IT Infrastructure Costs Reducing costs […]
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It’s Now or NAFTA
The odds are “about 50-50” that NAFTA will be terminated, according to Gerónimo Gutiérrez, Mexico’s ambassador to the United States, following a fifth round of renegotiations among the United States, Mexico, and Canada on the nearly 24-year-old free trade agreement. “I remain concerned about the lack of headway,” said U.S. Trade Representative Robert Lighthizer in […]
Read MoreArtificial Intelligence Will Transform the Global Logistics Network in Three Key Areas
Two of the world’s most influential research and advisory firms predict major acceleration in artificial intelligence (AI) use as more businesses look to make the digital transformation leap. Forrester projects AI investment tripled in 2017, and Gartner expects AI to be pervasive in almost every new software product and service by 2020. With its cognitive […]
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Building Resilience in Your Global Supply Chain
If your company has a business continuity plan in place in the event of a supply chain disruption, you are not alone. Nearly 75 percent of organizations responding to a report published by the Business Continuity Institute and supported by Zurich Insurance Group have made business continuity arrangements related to supply chain management. Companies that […]
Read MoreThe Human-Centered Supply Chain
The fashion supply chain is moving toward a human-centered model, which shifts from a sequenced approach of siloed operations to a flexible network of participants and partnerships that will enable agile and adaptable supply chain operations (see chart). That’s according to a new report developed by the Council of Fashion Designers of America, which worked […]
Read MoreSupply Chain Commentary: Taking the First Steps to Digitizing Your Supply Chain
The clarion call to digitize the supply chain is louder than ever before. In order to meet consumer demands and gain competitive advantage, shippers are retooling their supply chains to be more agile, efficient, and transparent. But where do you start? What steps can you take today? And how can you use existing IoT analytics […]
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Meet a New Breed of Procurement Professionals
In a workforce being transformed by the rise of the gig economy and industry restructuring, what attitudes and behaviors do procurement professionals need to climb the career ladder? The first global survey from Procurious.com reveals some answers. From developing vital mentoring relationships, to building social media profiles that have eclipsed the importance of resumes, to […]
Read MoreSimplifying Trade Complexity
Global trade professionals experienced a great deal of disruption during 2017, with trade agreements being canceled and renegotiated, regulatory enforcement on the rise, the timeline for Brexit approaching, political instability a growing concern, and more. Networks that had been relatively stable for years are now in flux. To respond to these global market forces, companies […]
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