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Tuesday, January 7, 2025 · Korhan Acar, Marc Palazzolo, Aishwarya Kaul, and Faisal Ghoury
With inflation and interest rates easing, more competition in the market and the freight cycle poised to turn, shippers now have more rate negotiating power than they imagine.
It will always be prudent to reduce the use of carbon-based energy sources by making supply chains as energy-efficient as possible, but fossil fuels remain critical in 2025.
Raw material shortage issues differ across manufacturing industries and while they have eased in some sectors, they remain elevated above pre-COVID levels for a number of sectors.
Even when a company designs a peak event entirely from the ground up, unforeseen issues can still arise, but cloud providers can help their supply chain partners manage this surge with proper planning.
The report’s benchmark reading, the PMI, at 49.3 (a reading of 50 or higher indicates growth), rose 0.9% over November, with the PMI contracting for the ninth consecutive month and the 25th time in the last 26 months.
A new year brings the same concerns for procurement teams. Managing through disruption continues to be a top challenge requiring new partnerships and improved resiliency.
Hexnode CEO Apu Pavithran explains why cybersecurity threats are growing and what supply chain businesses can do to protect their systems in this 6 Questions With … feature.
Gartner has identified Agentic reasoning, multimodality and AI agents as three AI advancements that will shape the future procurement, and the steps organizations should take to benefit from these advancements.
A Bain & Company survey found that just 36% of companies are continuing investment in offshore manufacturing as nearshoring, reshoring efforts accelerate.
Exotec’s Andy Williams says that automation and robotics should rebound in 2025 as verticals such as CPG and automotive ramp up their warehouse technology investments.
A recent Accenture survey finds that while the integration of artificial intelligence in supply chain is increasing, more executives have concerns as the tech quickly infiltrates systems.
Procurement professionals are still concerned about disruptions, with 42% citing things like disasters and transportation issues among their top worries in a recent Gartner survey.
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