Inside Supply Management
The Institute for Supply Management® (ISM®) is the oldest and largest nonprofit organization dedicated to supply management globally. Established in 1915, ISM boasts a membership of over 50,000 individuals from more than 100 countries.
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Articles
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5 days ago |
ismworld.org | Dan Zeiger
This is the sixth time the monthly roundtable of experts from Institute for Supply Management® (ISM®) has convened, and as one panelist pointed out in this edition, potential disruption from a breaking news event has been a regular question topic. As supply management professionals have learned over the last five years, certain risk management principles will serve their organizations well amid any disruption.
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5 days ago |
ismworld.org | Chris Caplice
You can’t escape it. Artificial intelligence (AI) is a hot topic of every conference you attend and for every supplier you meet. Heck, even your co-workers are talking about it. People use AI to make recipes, write songs, synthesize reports, chat with customers and everything in-between. Yet no one talks about AI the same way. Some use it as an umbrella term for any technology that mimics human intelligence. Others go a step further, diving into machine learning (ML) or generative AI.
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1 week ago |
ismworld.org | Dan Zeiger |Sue Doerfler
Perhaps the two biggest supply chain-related news stories of the week were intertwined by President Donald Trump departing the G7 meeting in Kananaskis, Alberta.
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1 week ago |
ismworld.org | Sue Doerfler
Given the volatility of tariffs, an uncertain economic environment and other disruptions, logistics companies face a variety of challenges, the biggest of which is learning to manage unpredictability. Uncertainty is impacting sourcing decisions, delivery timelines and shipping costs, says Oswaldo Villanueva, CEO and president of VR International LLC, a logistics provider and commercial broker in Houston. It has also caused friction between retailers, manufacturers and logistics providers, he says.
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1 week ago |
ismworld.org | Sue Doerfler
On a global level, tariffs and trade restrictions aren’t new. Protectionist policies globally have become more prevalent and, in 2023, numbered about 3,000 — three times more than the 2019 amount, according to International Monetary Fund data. “Then, add tensions between the U.S. and China,” said forecaster Jason Schenker, chair of The Futurist Institute and president of Prestige Economics.
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