Mon.Feb 05, 2024

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FedEx’s new digital platform aims ‘to be relevant in the multi-carrier world’

Supply Chain Dive

A FedEx executive addresses if fdx will be able to work with other delivery providers and integrate with e-commerce giants like Amazon in an interview with Supply Chain Dive.

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6 ways generative AI can optimize asset management

IBM Supply Chain Blog

Every asset manager, regardless of the organization’s size, faces similar mandates: streamline maintenance planning, enhance asset or equipment reliability and optimize workflows to improve quality and productivity. In a recent IBM Institute for Business Value study of chief supply chain officers, nearly half of the respondents stated that they have adopted new technologies in response to challenges.

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Workfellow: Vendor Analysis — Process intelligence management solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Workfellow and its solution for process and task intelligence. Workfellow is a process- and task-mining vendor that enables process visibility and provides recommendations for how their operations can be approved. The solution minimizes redundant work, achieves savings through undiscovered process automation, streamlines processes by eliminating unnecessary steps, hastens customer response times and removes the need for manual data trans

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Mastering identity security: A primer on FICAM best practices

IBM Supply Chain Blog

For federal and state governments and agencies, identity is the crux of a robust security implementation. Numerous individuals disclose confidential, personal data to commercial and public entities daily, necessitating that government institutions uphold stringent security measures to protect their assets. This need for robust security underscored by Executive Order 14028 , published in May 2021, calls for enhancing the nation’s cybersecurity posture.

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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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Infusing Play into Supply Chain Marketing: A Game-Changing Approach

Supply Chain Brain

In the "Infusing Play into Supply Chain Marketing: A Game-Changing Approach Consultant, Author, and self-proclaimed world’s worst break dancer, Lisa Jones will share the transformative power of incorporating playfulness and creativity into your supply chain marketing strategy.

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How is DNSSEC different from encryption? 

IBM Supply Chain Blog

It’s a question we often hear: “Isn’t DNSSEC the same as encrypted DNS?” Not really. While DNSSEC protects networks against man-in-the-middle attacks, it does so through public key cryptography, which is different from encryption. In other words, DNSSEC provides a form of authentication, but not a form of confidentiality. How is public key cryptography different from encryption?

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More Trending

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Common cloud migration challenges and how to manage them

IBM Supply Chain Blog

Cloud computing continues to grow in popularity, and its scalability, functionality, cost-effectiveness and other potential benefits have helped transform traditional business models and update legacy systems, creating opportunities for various organizations. A cloud migration, however, is a huge undertaking that requires thorough planning and execution of a comprehensive strategy to successfully achieve business goals.

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Germany Faces More Travel Chaos as Lufthansa Ground Crews Strike

Supply Chain Brain

A shortage of skilled workers — coupled with high inflation — has emboldened employees across many industries in Germany to seek wage increases.

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Navigating the digital wave: Understanding DORA and the role of confidential computing

IBM Supply Chain Blog

The Digital Operational Resilience Act (DORA) marks a significant milestone in the European Union’s (EU) efforts to bolster the operational resilience of the financial sector in the digital age. Envisioned to comprehensively address information and communications technology (ICT) risk management in financial services, DORA aims to harmonize existing regulations across EU member states.

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When it comes to sustainability, is procurement ready to negotiate?

Procurement Insights

We’re investing in sustainable innovation and partnerships to help meet our #WorldWithoutWaste goals. Through the 100+ Accelerator program, a collaboration with AB InBev , Unilever , and Colgate-Palmolive , we’re working with startups around the world to identify solutions that we can pilot and scale to support a circular economy, water, and climate. – Coca-Cola Company LinkedIn post (October 2023) As hashtag#UNGA78 wraps this week, we recognize that collaboration is more important than ev

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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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Planners, Embrace your Biased Judgements

Supply Chain Trend

A special feature “Does forecast accuracy even matter?” ( Foresight issue 68 ), discussed the limitations of forecasting on decision making and questioned whether forecast accuracy translates to business value. To this special feature I wrote a commentary, highlighting The Limitations of Forecasts and Plans on Decision Making and the changing role of the forecaster/planner.

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GoPuff introduces overnight Starbucks delivery

Supply Chain Dive

Baristas will prepare food and drink orders from the instant delivery company’s micro-fulfillment centers.

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Transforming the future: A journey into model-based systems engineering at Singapore Institute of Technology

IBM Supply Chain Blog

In the dynamic cityscape of Singapore, a pioneering initiative is unfolding at the Singapore Institute of Technology (SIT). A group of 56 students has embarked on a unique journey into the world of model-based systems engineering (MBSE). Under the mentorship of Marco Forlingieri, associate faculty member at SIT and ASEAN Engineering Leader from IBM Singapore, students engaged in a hands-on exploration of IBM® Engineering Systems Design Rhapsody® This course stands as Singapore’s

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Beverage distributor shutters Texas warehouse

Supply Chain Dive

Jumbo Beverages, a subsidiary of Glazer’s Beer and Beverages, will lay off 109 employees starting in late February.

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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.

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How Retailers Can Navigate Choppy Supply Chains

Supply Chain Brain

By embracing technology, implementing pandemic-learned strategies, and fostering collaboration, retailers can ensure their shelves remain stocked, their customers are satisfied, and their businesses remain resilient.

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Disruptions Keep Manufacturers on Edge

SCMR (Supply Chain Management Review)

Ongoing disruptions in the Red Sea and Panama Canal have reinforced the need for manufacturers to have a comprehensive supply chain strategy.

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How Growing Businesses Can Get ESG-Ready

HICX

By Costas Xyloyiannis, CEO of HICX Growing brands have an opportunity to use their time out of the spotlight to become as robust in handling ESG risk as possible. After COP28 , social and environmental governance (ESG) remains a central issue, and big brands remain in the spotlight as they solve how to credibly deliver net-zero targets. Receiving less attention, meanwhile, are fast-growing brands.

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ISM reports services economy is off to a solid start in 2024

SCMR (Supply Chain Management Review)

The Services PMI, at 53.4 (a reading of 50 or higher signals growth), was up 2.9% in January, growing, at a faster rate, for the 13th consecutive month. This marks growth in 43 of the last 44 months, with December 2022 being the one month with a decline over that period. ISM added that the overall economy, like the January Services PMI, saw growth, at a faster rate, for the 13th consecutive month as well.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Watch: Do We Have the Labor to Drive Advanced Manufacturing in the U.S.?

Supply Chain Brain

Elizabeth Berthelette, head of Northeast research and national life science research with Newmark, details the findings of the firm’s latest report on advanced manufacturing and labor availability in the U.S.

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389: Women in Supply Chain, Carmit Glik

Let's Talk Supply Chain

In today’s episode of Women In Supply Chain, I’m joined by Carmit Glik – 2023 Pro To Know, board member, CEO, and passionate advocate of digital transformation. As CEO at Ship4wd, Carmit has been at the forefront of digital transformation in the global freight industry, leading high-profile projects in digital freight marketplaces, and delivering end-to-end global digital transportation solutions that are customer-focused and sustainable.

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Due Diligence in the Wine Industry

Negotiations Ninja

Why would someone want to buy a winery? What is their motivation? What are their objectives? According to James Cluer—a designated Master of Wine and owner of Fine Vintage LTD—due diligence in the buying process is everything. You can’t just buy a winery or buy land and hope for the past.

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How Automated Tendering Improves Transportation Management

Supply Chain Brain

As capacity tightens with the continued rise in demand, digitizing tendering processes within transportation management systems will grow in popularity among shippers.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Common cloud migration challenges and how to manage them

IBM Supply Chain Blog

Cloud computing continues to grow in popularity, and its scalability, functionality, cost-effectiveness and other potential benefits have helped transform traditional business models and update legacy systems, creating opportunities for various organizations. A cloud migration, however, is a huge undertaking that requires thorough planning and execution of a comprehensive strategy to successfully achieve business goals.

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Magnus Mondays: Don’t Believe the Hype! (Or at Least Apply Some Caution)

CPO Rising

Back in 1996, Bill Gates wrote “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don’t let yourself be lulled into inaction.

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DP World’s Australian Pay Deal ‘Will Cost Consumers’

Supply Chain Brain

The record pay rise came as DP World imposed its biggest hikes yet to terminal access charges.

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Contract Management for Small Businesses: Why You Need It & How To Make It Work

ContractSafe

Explore why small business contract management is crucial for success and how software like ContractSafe can streamline operations and ensure growth.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Boeing in ‘Last Chance Saloon,’ Says Emirates President

Supply Chain Brain

Sir Tim Clark is also sending Emirates engineers to monitor Boeing's production lines.

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Modernizing payments without disrupting legacy checks systems

IBM Supply Chain Blog

Across the globe, financial institutions are rapidly modernizing to deliver secure, seamless payment experiences that meet the demands of digital-first consumers. Financial institutions face the challenge of enabling digital payments while simultaneously managing existing payment capabilities like checks. Although check usage is decreasing worldwide, in the US, checks remain the popular payment option for rent and larger transactions.In the EU, check volume is still deemed significant, with over

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Supplier Diversity vs Supplier Diversification

Una

Supplier Diversity vs Supplier Diversification Supplier diversity vs supplier diversification – what’s the differnece? Learn why using them interchangeably should be avoided and how to implement each strategy. By Hugo Britt | February 6, 2024 Search Search Supplier diversity and supplier diversification are such similar terms that it’s tempting to use them interchangeably, but they have very different meanings.

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Egypt’s Canal Receipts Fall by Almost Half After Red Sea Attacks

Supply Chain Brain

The drop is the latest headache for the North African nation that was already wrestling with its worst economic crisis in decades before the Israel-Hamas war erupted in October.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.