Thu.Feb 22, 2024

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How Supply Chain Organizations are Leveraging Data Analytics to Improve Risk Management

Supply Chain Brain

Supply chain organizations that prioritize safety and risk management through data analytics, telematics, and newer equipment position themselves as competitive leaders.

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Walmart hits supplier emissions goal 6 years early

Supply Chain Dive

The retailer’s vendors have already reported enough projects to fulfill Project Gigaton’s target of cutting 1 billion metric tons of greenhouse gases from its supply chain.

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Five Steps to Improve Supplier Relationships and Reduce Operating Costs

Supply Chain Brain

The last few years have continued to reinforce the value of dependable supplier relationships, and timely payments are an important ingredient to the success of those relationships.

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Case Dismissed: Byron Allen v. McDonald’s

Art of Procurement

In May of 2023, two of the companies owned by Byron Allen, a black businessman and producer, sued McDonald’s for. The post Case Dismissed: Byron Allen v. McDonald’s appeared first on Art of Procurement.

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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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Honeywell exec upbeat on warehouse automation trends

Supply Chain Dive

Rising e-commerce shipments and ongoing labor shortages are among macrotrends that are favorable to the market.

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IBM Cloud delivers enterprise sovereign cloud capabilities

IBM Supply Chain Blog

As we see enterprises increasingly face geographic requirements around sovereignty, IBM Cloud® is committed to helping clients navigate beyond the complexity so they can drive true transformation with innovative hybrid cloud technologies. We believe this is particularly important with the rise of generative AI. While AI can undoubtedly offer a competitive edge to organizations that effectively leverage its capabilities, we have seen unique concerns from industry to industry and region to re

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Watch: What Is Warehouse Orchestration?

Supply Chain Brain

What is warehouse orchestration, and how does it impact the supply chain industry? Sally Miller, chief information officer for North America with DHL Supply Chain, explains.

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Walmart deepens India sourcing after spending $30B in the country

Supply Chain Dive

The retailer recently hosted a supplier summit in New Delhi to hear pitches that could lead to sales through the retailer or its third-party marketplace.

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Empower your technical staff with hands-on technology training

IBM Supply Chain Blog

With a vast amount of technology training and education available today, it’s difficult to know what deserves your attention and what’s just a marketing ploy. Furthermore, most training and education in technology is only offered through text or video, meaning that the learner doesn’t have an opportunity to apply the theory that they are learning.

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TBC’s first chief supply chain officer will help company leverage tech, data

Supply Chain Dive

The automotive replacement tire company appointed Chris Stearman to manage its end-to-end operations, including manufacturing, distribution and procurement.

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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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Expanding on ethical considerations of foundation models

IBM Supply Chain Blog

The rise of foundation models that power the growth of generative AI and other AI use cases offers exciting possibilities—yet it also raises new questions and concerns about their ethical design, development, deployment, and use. The IBM AI Ethics Board publication Foundation models: Opportunities, risks and mitigations addresses those concerns and explores the technology’s benefits, risks, guardrails, and mitigations.

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4 Nonmonetary Motivators to Drive Supplier Quality Improvements

SCMR (Supply Chain Management Review)

Supplier quality leaders can drive supplier improvements beyond compliance requirements through a series of steps that do not require additional financial resources.

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Future-Proofing Your Operations Through WMS and Robotics

Supply Chain Brain

In the dynamic world of warehouse operations, adapting to rapid changes is crucial. While technology is essential for success, the array of options available can be overwhelming.

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Here are 6 ways to re-evaluate your parcel fulfillment this year

SCMR (Supply Chain Management Review)

Say goodbye to costly shipping errors and hello to perfectly packed orders with our comprehensive white paper. Download now!

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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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Bulk Carrier Banned from Australian Ports After Being Abandoned for Months

Supply Chain Brain

The Liberian-flagged KMAX Leader bulk carrier is being towed back to the Philippines after arriving at the Port of Gladstone in October 2023 and remaining there for five months.

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Procurement 6 – February 23rd, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – February 23rd, 2024 appeared first on Art of Procurement.

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EU Countries Warn German Gas Levy May Boost Reliance on Russia

Supply Chain Brain

Austria, Czech Republic, Hungary and Slovakia said the levy — which is paid for by traders or utilities further down supply chains — undermines energy security in the wider region.

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NEW FEATURE: Contract Categorization by Type

ContractSafe

AI that Really Helps 75% of legal teams are looking for ways to use Artificial Intelligence (AI) to improve their everyday work. Companies across the legal tech space are rushing to get big splashy AI tools on their list of features. But often those features are built to check an AI box or for the press value, not to meet actual customer needs.

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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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Managing Compliance Factors: A Maturity Model Approach

Supply Chain Brain

Regulatory compliance is a fact of life for most supply chains. A key enabler for a successful organization is to understand the complex regulatory environment and build compliance into their end-to-end supply chain operations.

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Vendor Evaluation Questionnaire for RFPs

SCMR (Supply Chain Management Review)

Don't miss out on the perfect Yard and Dock management software for your warehouse operations. Save time and stress with this handy Toolkit.

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Walmart Easing Delivery Requirements for Suppliers

Supply Chain Brain

Walmart said that it wants its suppliers to deliver shipments on-time 90% of the time and in-full 95% of the time.

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Operationalizing responsible AI principles for defense

IBM Supply Chain Blog

Artificial intelligence (AI) is transforming society, including the very character of national security. Recognizing this, the Department of Defense (DoD) launched the Joint Artificial Intelligence Center (JAIC) in 2019, the predecessor to the Chief Digital and Artificial Intelligence Office (CDAO), to develop AI solutions that build competitive military advantage, conditions for human-centric AI adoption, and the agility of DoD operations.

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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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FMC Rules in Favor of ATA Conference’s Stance Against OCEMA

Supply Chain Brain

In March 2023, an FMC judge ruled in favor of charges filed against OCEMA and 11 international ocean carriers claiming they violated the Shipping Act of 1984.

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Leveling up from tools to systems: A holistic approach to third-party management

Spend Matters

It feels like an understatement to say that the evolution of technology continues to reshape and revolutionize business, as it continues to transform industries, individual companies within them, workers at all levels and the work they carry out. With the advent of AI, and especially generative AI within that broader term, and the continued globalization of supply chains, the pace of change has sped up, forcing businesses and workers to adjust quickly.

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U.S. Providing $710M in Loans to EV Technology Projects

Supply Chain Brain

The larger of the two preliminary loan commitments announced went to a unit of the South Korean semiconductor company SK Siltron.

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Press Release: Skill Dynamics Acquire Content Enablers to Strengthen Position in Corporate eLearning

Skill Dynamics

Berkshire (UK) & New York (USA) 22 nd February 2024 – Skill Dynamics Moves to Strengthen its Position in Corporate eLearning with the Acquisition of Content Enablers Skill Dynamics, a provider of high-impact, role-based, specialized supply chain and procurement training has acquired Content Enablers, a company renowned for compliance training. This strategic move marks a significant milestone for both organizations, solidifying their commitment to offering their customers highly effective tr

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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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Bobcat Launches Lineup of New-Look Products

Supply Chain Brain

Bobcat has rebranded its forklifts, industrial air compressors, turf renovation equipment and portable power products.

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Orchestration vs. Choreography: Differences and Use Cases for IT

Pipefy

Microservice architecture structures applications as a collection of services, or processes, that are either independently deployable or loosely coupled. Typically, services are managed by a single team such as IT. This architecture helps companies deliver applications fast, often, and reliably, which is a must for remaining competitive and responsive to changing business needs.

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USCENTCOM Says U.K.-Owned Ship Damaged in Houthi Missile Attack off Yemen

Supply Chain Brain

A Houthi spokesman confirmed they had targeted the Islander and said they had also launched drones at a U.S. warship.

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J.B. Hunt Buys Walmart’s Intermodal Assets

Supply Chain Brain

The two companies, which have been working together for decades, also signed a long-term intermodal agreement.

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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.