Latest news with #Supply
Yahoo
5 days ago
- Business
- Yahoo
Canada Goose: Vertical manufacturing an edge against tariffs
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. Canada Goose is using its vertical manufacturing capabilities to adjust production to demand in a market characterized by tariff uncertainty, executives said during a May 21 earnings call. The luxury retailer manufactured over 90% of its down-filled outerwear in the company's facilities in Canada in fiscal year 2025, per an SEC filing. By coordinating its in-house manufacturing with third-party suppliers, Canada Goose was able to adjust efficiently to customer demand. 'Our vertical manufacturing is a real source of competitive advantage for us,' Beth Clymer, president and COO, said. 'We are currently leveraging this capability more than we ever have before, which is especially valuable in today's dynamic market.' Canada Goose owns and controls its entire production process, from raw materials to finished products, allowing for sourcing adjustments to mitigate tariff disruptions. With production primarily based in Canada, the brand is largely unaffected by tariffs due to the United States-Mexico-Canada Agreement, Clymer said. In the last fiscal quarter, however, tariff impacts were primarily felt in Canada Goose's European production, which makes roughly 20% of the company's products. Many brand manufacturers with more global production networks have scrambled to reduce manufacturing exposure to China to avoid hefty U.S. tariffs. SharkNinja, for instance, plans to move nearly all its manufacturing to Southeast Asia by the end of the year. Meanwhile, Colgate-Palmolive is reducing its reliance on suppliers in China while increasing the number of its U.S. manufacturing facilities. But Canada Goose hasn't fully escaped the effects of tariffs. The company decided not to release a financial forecast for fiscal 2026 because of jittery consumers in a changing economy. 'The pull of the guide and the decision not to provide an outlook for the year is entirely around what we see as a fairly uncertain consumer environment around the world,' CFO Neil Bowden told analysts. 'There's no doubt that the trade environment is choppy.' This story was first published in our Procurement Weekly newsletter. Sign up here.
Techday NZ
6 days ago
- Business
- Techday NZ
Blue Yonder remains a leader in Gartner's supply chain report
Blue Yonder has been positioned as a Leader for the fourteenth consecutive time in the Gartner Magic Quadrant report for Warehouse Management Systems based on its ability to execute and completeness of vision. The assessment, conducted by research and advisory firm Gartner, evaluates warehouse management system providers from across the sector. Blue Yonder is among two companies to be recognised as a Leader in three of Gartner's Magic Quadrant reports for 2025, which also include Supply Chain Planning Solutions and Transportation Management Systems. Blue Yonder attributes its position in the report to its extensive range of warehouse management solutions, delivered through the Blue Yonder Platform. The company has recently launched a next-generation warehouse management solution as a part of its Cognitive Solutions offering, which integrates artificial intelligence (AI), machine learning (ML), and cloud-native technology within a single solution. This new solution is designed to provide scalability, allow for low-code extensibility, enable code updates without downtime, and give streamlined access to AI and ML capabilities. Its aim is to assist businesses in improving warehouse efficiency, adaptability, visibility, and operational performance, as well as to lower cost-to-serve and cost per case metrics within warehouse environments. "The warehouse is a pivotal component of the supply chain, so companies should look to enhance resilience and sustainability across their warehouse, transportation, and planning sectors to better meet customer needs," said Wayne Usie, Chief Strategy Officer at Blue Yonder. "Blue Yonder's supply chain solutions empower companies to coordinate sourcing, production, logistics, and network strategies within a unified platform. This comprehensive approach enables companies to effectively plan their network, warehouse, and labour capacities from start to finish, resulting in shortened lead times, improved service levels, optimised operational efficiencies, maximised business opportunities, and reduced costs." Development of Blue Yonder's warehouse management solutions has been underway for more than two decades. The company is rolling out several new features in upcoming releases, including enhanced equipment tracking powered by computer vision and machine learning to automate monitoring in the yard and create 3D yard maps for operational oversight. Other planned enhancements include advanced people-robot collaboration, providing performance tracking for autonomous mobile robots (AMRs) and automatic assignment reprocessing for transaction errors. Additional capabilities will support retail store replenishment with inventory visibility, garment handling, and ratio packing tools aimed at improving efficiency in store inventory management for both retailers and logistics service providers. Blue Yonder is also adding capabilities for returns processing and tracking, such as visibility into Returns Merchandise Authorisation and automated decisioning for faster returns processing. An announced Warehouse Ops Agent tool is designed to monitor real-time operational changes and identify trends for informed decision-making within the warehouse setting. The firm provides its warehouse management solutions to customers spanning 19 industry sectors, including consumer products, food and beverage, grocery, automotive, industrial, life sciences, and logistics service providers. Blue Yonder's delivery model includes a partner ecosystem and its own Blue Yonder Global Professional Services organisation. Recently, Blue Yonder signed a strategic agreement with GXO, described as the world's largest pure-play contract logistics provider. GXO will deploy Blue Yonder's logistics software solutions to improve speed, flexibility, and predictability for its client base. Under the agreement, Blue Yonder will be one of GXO's preferred software providers for warehouse management systems, supporting the logistics firm's need for scalable implementations across industries as it continues to grow. With its placement in the latest Magic Quadrant for Warehouse Management Systems, Blue Yonder has been recognised as a leader in all three of Gartner's 2025 Magic Quadrant reports relevant to supply chain execution: Supply Chain Planning, Transportation Management Systems, and Warehouse Management Systems.
Time of India
6 days ago
- Health
- Time of India
Bengaluru police launch special drive against tobacco use
Bengaluru: In the backdrop of 'World No Tobacco Day' on May 31, city police launched a special drive against use of tobacco in public places and by underaged persons. City police commissioner B Dayananda stated Wednesday the special drive was launched on Tuesday and will run until Saturday, May 31. During the special drive, police will monitor the sale of tobacco products near educational institutions, act against persons smoking in public, book cases against shopkeepers selling tobacco products to minors, and prohibiting sale of different varieties of electronic cigarettes (e-cigarettes). Additionally, visits to commercial malls and coffee bars are being conducted to ensure hookahs are not used. According to city police data, they booked as many as 57,130 cases under the Cigarettes and Other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Production, Supply and Distribution) Act, 2003, between Jan 2024 and April this year, fetching the govt an income of Rs 80 lakhs in the form of fines. Talking to TOI, Dr Vishal Rao, chief head & neck surgical oncologist, HCG, said, "Tobacco use is one of the most pressing social detriments to public health. Tackling this menace requires a multi-layered approach, from awareness campaigns to strict enforcement of smoke-free zones. Our goal is to safeguard the health of our youth and make meaningful progress in community well-being. Second-hand smoking is a serious public offence. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo It is alarming that several pubs and restaurants continue to violate smoke-free norms by allowing smoking in their premises. BBMP and the govt have begun issuing notices to such establishments. Public spaces, especially those frequented by young people, women, and families, must uphold the right to clean air. We are committed to ensuring a comprehensive smoke-free ban across the city."
Iraq Business
28-05-2025
- Business
- Iraq Business
Meeting re Restructuring of Iraqi State-Owned Enterprises
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani chaired a meeting of the Higher Committee for the Restructuring of State-Owned Enterprises , focusing on reforms aimed at boosting non-oil revenues and improving financial and administrative performance. The committee reviewed progress on previous decisions and stressed the adoption of sound economic principles to strengthen the state treasury, uphold employee rights, and enhance institutional development. Key approvals included the establishment of the State Company for Construction, Supply, and Scientific Investments, the reclassification of several state firms, outcomes from the Global Investor Day Conference, the General Economic Policy Paper, and the allocation of fuel quantities to relevant entities. (Source: Media Office of the Prime Minister)
The Sun
22-05-2025
- Business
- The Sun
Sarawak state assembly approves two supplementary supply bills
KUCHING: The Sarawak State Legislative Assembly has unanimously passed two Supplementary Supply Bills involving a total of RM391,429,717 for additional expenditure that was not covered in previous allocations. The bills, tabled by Sarawak Deputy Premier and Second Minister for Finance and New Economy Datuk Amar Douglas Uggah Embas, were the Supplementary Supply (2024) Bill involving an allocation of RM153,769,197 and the Supplementary Supply (2025) Bill for RM237,660,520. According to Uggah, the Supplementary Supply (2024) is to meet the cost of various services incurred by various Ministries and Departments for which funds were not provided for or insufficiently provided for in the 2024 estimates. Meanwhile, he said the Supplementary Supply (2025) seeks additional expenditure, among others, a total sum of RM100,000,000 required by the Department of the Premier of Sarawak to cater for rental of air-chartered services due to increased activities. 'A total sum of RM72,264,000 is required by the Sarawak Ministry of Education, Innovation and Talent Development to cater for a special Pocket Money Initiative at RM1,200 per Sarawakian student pursuing a Diploma or Bachelor's Degree in higher education institutions throughout Malaysia. 'A total sum of RM62,271,138 is required by the following Ministries and Departments to cover payment for special monthly allowance, Bantuan Insentif Sara Hidup, to all Sarawak Civil Servants effective January 2025,' he added.
