Fri.Sep 08, 2023

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Supply Chain Weekly Wrap-Up 09/01/2023-09/07/2023

All Things Supply Chain

First American Uranium Reports on New Mexico’s Past Uranium Mining First American Uranium is highlighting the historical uranium production in New Mexico, particularly in the Grants district, where the company’s…

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UPS gains critical exemption to operate drones beyond line of sight

Supply Chain Dive

A new ground-based surveillance system will allow UPS to fly Matternet M2 drones without a visual line of sight throughout the route, setting the stage for increased delivery activity.

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Generative AI: Meet your partner in customer service

IBM Supply Chain Blog

Brands that deliver an excellent customer experience (CX) will always be more resilient than those that don’t. Giving our customers personalized support at every stage of their journey is proven to earn their longtime loyalty—and keep them from switching to a competitor. The challenge, however, is that many teams operate in siloes that inhibit them from applying their customer insights in meaningful ways.

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Hiring Freelance Buyers: A Comprehensive Guide For Businesses

Procurement Freelancers

In the fast-paced business landscape, organisations are seeking ways to thrive and adapt. One of… The post Hiring Freelance Buyers: A Comprehensive Guide For Businesses first appeared on Procurement Blog | Procurement & Supply Chain News.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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Supplier Delays Force Lockheed Martin to Lower F-35 Jet Delivery Outlook

Supply Chain Brain

Lockheed Martin is now expecting to deliver 97 aircraft this year that run on existing technology, down from the previous forecast of 100 to 120 jets.

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UPS unveils 5.9% shipping rate increase, higher peak season surcharges

Supply Chain Dive

The rate hike applies to Ground, Air and International services and will take effect Dec. 26.

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Crucial MRP Metrics Every Supply Chain Pro Should Know

SCMDOJO

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP). This is a fundamental principle of supply chain management, it constitutes a juggling act that is at the heart of any well-orchestrated manufacturing process.

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Navigating the Panama Canal Drought: Tips to Get Your Shipments Moving

SCMR (Supply Chain Management Review)

As the drought continues to hamper ocean vessel traffic in the Panama Canal, AlixPartners offers tips on how shippers can manage the current crisis.

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Target offers more details on its delivery strategy

Supply Chain Dive

The retailer opened its 10th sortation center and is testing larger vehicles for delivery.

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What percentage of all your suppliers do you consider to be “strategic partners?”

Procurement Insights

From my standpoint, as I watched Kate Vitasek ‘s video on Forbes the first thought that came to my mind is that she is preaching to the choir. In other words, each point she presents should resonate with anyone and everyone in the procurement world. End of story, right? – But then, I remember her famous I-35W bridge rebuild case study, and what happened after that success. – I remember the 90,000 plus views and the range of comments regarding my LinkedIn post of a couple years

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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Dollar General automates South Carolina distribution center

Supply Chain Dive

The technology will enable the retailer to process thousands of additional SKUs from its warehouse and improve storage.

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A Gameplan for Procurement Transformation

NLPA (Next Level Purchasing Association)

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Here are some types of initiatives that can bring about positive transformation for a procurement team, along with justifications for each: Digital Procurement Solutions Adoption: Justification : Implementing digital procurement tools such as e-procurement, spend analytics, contract management, and e-sou

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Discretionary Expenses: What Are They, Examples, and How To Control Them In Business

Planergy

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend.

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CPO Rising Listicle: 10 Ways CPO Rising Engages Readers

CPO Rising

Fridays (in 2023) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.