The March Services PMI, at 50.8 (a reading of 50 or higher signals growth) fell 2.7% compared to February, growing, at a slower rate, for the ninth consecutive month, and for the 55th time in the last 58 months, going back to the initial recovery from the pandemic in June 2020.
As expected, President Trump on Wednesday signed an Executive Order implementing reciprocal tariffs on nations around the world. Reaction has been swift from both industry and nations.
Friday, March 14, 2025 · Alexander Miltenburg, business advisor at Oliver Wight Americas
Adopting an integrated approach to inventory management not only mitigates risks but also fuels long-term business success, says Oliver Wight Americas’ Business Advisor Alexander Miltenburg.
The pharmaceutical industry faces significantly longer lead times than other industries, and time delays can seriously impact the health outcomes of countless individuals. Recognizing the potential risks this poses, one industry giant sought to improve on-time delivery through…
Wednesday, March 5, 2025 · Robert J. Delaney, MS, and Amanda L. Femano, Ph.D
With finite resources, it is in the best interest of any organization to properly quantify the risk associated with individual components. In both the military and industry, it is imperative that investments in the supply chain are prioritized based on the overall risk to the…
According to a recent report, only 14% of procurement leaders are confident about the future of procurement talent availability. Daniel May, director of procurement talent development for NASPO, outlines essential strategies to identify and recruit top talent.
So far, this year has been a continuation of 2024 with supply chains facing disruptions and challenges resulting from multiple factors beyond anyone’s control. At the beginning of 2025, APQC wrapped up its 11th annual Supply Chain Management Priorities and Challenges…
So far, 2025 has started out as a continuation of the previous year. Factors beyond organizations’ control have taken a toll on their performance on business goals. Many supply chain organizations are looking to overcome obstacles by prioritizing supplier relationships and…
So much is beyond any company’s control, including geopolitical and economic issues, new regulations, natural disasters, and shifting sustainability expectations. What is in a company’s control is to improve resilience systematically and sustainably.
We talk often about what a visitor from another planet would think if they landed on Earth? Well, the same applies if you open my inbox. Two out of every three messages these days centers on artificial intelligence or the impact of tariffs on supply chains. If you didn’t…
CFOs who embrace procurement as a key driver of financial performance will be better positioned to navigate economic uncertainties, improve operational resilience, and enhance their organization’s competitive advantage, says Efficio’s Fabian Bodoky.
Tariffs and trade restrictions are introducing new complexities into global supply chains, requiring businesses to rethink sourcing, logistics, and cost management. As tariffs evolve, companies must proactively mitigate risks and optimize supply chain operations to maintain…
The report’s benchmark reading, the PMI, came in at 50.3 (a reading of 50 or higher indicates growth), down 0.6% compared to January’s 50.9 reading. The February PMI grew, at a slower rate, for the second consecutive month in February.
Thursday, February 27, 2025 · Al Mendoza and Lynlee Brown
The Trump administration’s frequent tariff announcements have left executives oscillating between complacency and panic, forcing companies to rethink supply chain strategies amid unpredictable trade disruptions and potential retaliatory actions.
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