IBM Supply Chain Blog
SEPTEMBER 6, 2023
Generative AI is powering a new world of creative, customized communications, allowing marketing teams to deliver greater personalization at scale and meet today’s high customer expectations. The potential of this powerful new tool spans the entire end-to-end marketing process, from internal communications and productivity to customer-facing channels and product support.
SCMR (Supply Chain Management Review)
SEPTEMBER 6, 2023
Transportation planning for the furniture and home goods industry presents a complex puzzle, and traditional planning methods often fail to account for the inherent randomness and variation in real-world operations.
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IBM Supply Chain Blog
SEPTEMBER 6, 2023
Modern enterprise networks are vast systems of remote and on-premises endpoints, locally installed software, cloud apps , and third-party services. Every one of these assets plays a vital role in business operations—and any of them could contain vulnerabilities that threat actors can use to sow chaos. Organizations rely on the vulnerability management process to head off these cyberthreats before they strike.
Supply Chain Brain
SEPTEMBER 6, 2023
Almost two-thirds of senior automotive executives say they cut their backlogged orders by 61% while another 34% expect to reduce their backlogs over the next 12 months.
Advertiser: GEP
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.
Spend Matters
SEPTEMBER 6, 2023
In today’s diverse society, businesses have a crucial role to play in fostering equality and inclusion. However, the business world often needs to improve to reflect the true diversity of society, both within companies and in their supply chains. To bridge this gap, organizations are increasingly embracing the concept of supplier diversity in their procurement processes.
Supply Chain Brain
SEPTEMBER 6, 2023
OOCL Logistics customers will be able to apply for financing through the PODIUM platform, meaning suppliers can now receive funding less than 72 hours after shipping out a product.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Brain
SEPTEMBER 6, 2023
The improved sustainability, cost-efficiency and positive global impact of lithium-ion batteries prove it to be a better overall product.
SCMR (Supply Chain Management Review)
SEPTEMBER 6, 2023
In this webinar, Zebra and Qualcomm will discuss how their collaboration helps build impactful solutions and new innovative ways of addressing operational challenges across Manufacturing, Warehousing, and Logistics industries.
Supply Chain Brain
SEPTEMBER 6, 2023
In this discussion, we'll share what the best shippers are doing to actively manage their shipping through Planning, Measuring, Optimizing and Monitoring their costs.
Supply Chain Dive
SEPTEMBER 6, 2023
The retailer's “Bring it Home” plan seeks to improve inventory optimization, demand forecasting and delivery speeds.
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.
Supply Chain Brain
SEPTEMBER 6, 2023
The feature can determine a price range for logistics services based on numerous variables including types of transportation, equipment, demand and competition.
IBM Supply Chain Blog
SEPTEMBER 6, 2023
Budgeting, an essential pillar of financial planning for organizations, often presents a unique dilemma known as the “Budgeting Paradox.” Ideally, a budget should give the most accurate and timely idea of anticipated revenues and expenses. However, the traditional budgeting process, in its pursuit of precision and consensus, can take several months.
Supply Chain Brain
SEPTEMBER 6, 2023
Tyson recently closed down its Van Buren, Arkansas plant, one of six planned shutdowns to cut costs as Tyson deals with flat demand and a drop in wholesale prices.
Spend Matters
SEPTEMBER 6, 2023
Basware recently announced it was acquiring Glantus (subject to final regulatory and shareholder approval), an Ireland- and UK-based AP automation and recovery audit firm which also has operations in North America and Poland. The deal is valued at £29.5 million including debt assumptions implying, based on Glantus’ recent tepid financial performance, a top-line forward multiple which we would estimate at somewhere in the neighborhood of 3X.
Advertiser: GEP
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.
Supply Chain Brain
SEPTEMBER 6, 2023
South Africa is trying to increase its supply of renewable energy to reduce greenhouse gas emissions and its reliance on Eskom Holdings SOC Ltd.
IBM Supply Chain Blog
SEPTEMBER 6, 2023
A recent study by Price Waterhouse Cooper (PwC) estimates that by 2030, artificial intelligence (AI) will generate more than USD 15 trillion for the global economy and boost local economies by as much as 26%. (1) But what about AI’s potential specifically in the field of marketing? From customized content creation to task automation and data analysis, AI has seemingly endless applications when it comes to marketing, but also some potential risks.
Supply Chain Brain
SEPTEMBER 6, 2023
BiMCO forecasts the capacity of ship deliveries is expected to reach 2.3 million TEUs in 2023 and 2.7 million TEUs in 2024.
Supply Chain Dive
SEPTEMBER 6, 2023
The apparel company is running leaner stocks with freight costs down, receipts speeding up and open capacity in factories.
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
SCMR (Supply Chain Management Review)
SEPTEMBER 6, 2023
The Services PMI—at 54.5 (a reading of 50 or higher signals growth)—increased 1.8%, growing, at a faster rate, for the eighth consecutive month. ISM said that the services sector has seen growth in 38 of the last 39 months, with December 2022 being the one month with a decline.
Supply Chain Dive
SEPTEMBER 6, 2023
Three logistics experts on why customers are looking to secure six- to 12-month contracts.
Supply Chain Brain
SEPTEMBER 6, 2023
Tara Manufacturing reduced its downtime by 75%, saving the company $100,000 in the first year after implementing Limble’s services.
Supply Chain Dive
SEPTEMBER 6, 2023
Industry activity is still muted, but Inflation Reduction Act-related demand could spur growth later this year.
Advertiser: GEP
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?
IBM Supply Chain Blog
SEPTEMBER 6, 2023
This is, by far, my favorite time of year. The kids are back at school. My Miami Hurricanes are off to another strong start. And two of IBM’s marquee partnerships are in full swing: The US Open and ESPN Fantasy Football. Right now, I’m in Queens, watching Novak Djokovic and Taylor Fritz battle it out in 90-degree heat for a spot in the US Open semifinals.
Supply Chain Dive
SEPTEMBER 6, 2023
The competitors will initially offer the service on an invite-only basis to select Shopify merchants.
Supply Chain Brain
SEPTEMBER 6, 2023
Bill Catania, chief executive officer of OneRail, explains how shippers are benefiting from a range of new options in parcel and courier services, and how technology is making it possible.
Una
SEPTEMBER 6, 2023
EPISODE 131 Walking the Walk to Embrace Generative AI with Kevin Frechette By Kelly Barner | September 6, 2023 Generative AI like ChatGPT has taken the world by storm. Imaginations have been seized, and people have responded with every emotion from excitement to fear to confusion. But procurement has seen the world respond to new technology like this before – remember Blockchain?
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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.
Planergy
SEPTEMBER 6, 2023
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.
Procurement Insights
SEPTEMBER 6, 2023
An abusive father makes the mistake of hitting David Banner (Bill Bixby) in The Incredible Hulk (with Lou Ferrigno). * The original choice to play the Hulk was James Bond actor Richard Kiel (1977) pic.twitter.com/jYfizUewq1 — John Pitchford (@Johnnypapa64) June 2, 2023 Over the past 12-months here are just a few of the articles that have been written about tensions in buyer-supplier relations: As inflation wears on, should retailers push back on supplier costs?
CPO Rising
SEPTEMBER 6, 2023
Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders. Contact us with your news story here. CPO News Tim Ritz Joins Walmart as CPO BENTONVILLE, Ark.
Procurement Heads
SEPTEMBER 6, 2023
For our latest CPO Spotlight, Jon spoke with James Dobbin about how he entered the world of procurement and some of the challenges CPOs currently face. You went to the University of Bath, achieving a BSc honours in Business Administration. What made you choose a career in procurement? Could you tell us a bit about your career journey so far? The University of Bath was – and I think still is – a real centre of excellence for Procurement and Supply Chain.
Advertiser: GEP
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.
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