Wed.Mar 27, 2024

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The Red Sea Dilemma for Shippers: Extended Transit, Rising Costs and Increased CO2 Emissions

All Things Supply Chain

Amidst escalating attacks and a seemingly unending crisis, the Red Sea predicament is poised to disrupt trade volumes significantly and pose formidable challenges to shippers’ operational strategies at least in…

Strategy 202
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How Supply Chains Can Support Second-Hand eCommerce

Supply Chain Brain

Second-hand e-commerce has witnessed something of a boom period in recent years, fueled largely by changing consumer attitudes towards affordability, longevity, sustainability, and effectiveness.

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Hyperscale vs. colocation: Go big or go rent?

IBM Supply Chain Blog

Here’s the situation: You’re the CIO or similarly empowered representative of an organization. Different voices within your business are calling attention to the awesome scalability and power of hyperscale computing, which you’ve also noticed with increasing interest. Now the word comes down from on high that you’ve been tasked with designing and implementing your company’s hyperscale computing solution—whatever that should be.

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The ‘No-Fail’ Mission to Protect the Red Sea Isn’t Working

Supply Chain Brain

For all the costly hardware the U.S. and its allies have thrown at Houthi rebels, they haven’t been able to stop the attacks on freighters and warships in the Red Sea.

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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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EclipseStore enables high performance and saves 96% data storage costs with WebSphere Liberty InstantOn

IBM Supply Chain Blog

As AI technology advances, the need for high-performance, cost-effective and easily deployable solutions reached unprecedented levels. EclipseStore, a groundbreaking data storage platform from MicroStream , is revolutionizing the development of cutting-edge software applications. IBM ® collaborated with MicroStream to integrate the IBM WebSphere ® Liberty InstantOn feature within EclipseStore.

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Survey: Furniture Home Delivery Service Key to Customer Loyalty

Supply Chain Brain

Retailers are being forced to adapt to the emphasis buyers of home furnishing now put on overall service and last-mile delivery experience, over brand loyalty.

Buyers 105

More Trending

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Collapse of Baltimore Bridge Highlights the Cost of Failing to Safeguard Critical Spans

Supply Chain Brain

The collapse of Baltimore's Francis Scott Key Bridge raises urgent questions about the vulnerability of infrastructure that keeps ships flowing through vital U.S. ports.

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Railroads scramble to keep freight moving after Baltimore port disruption

Supply Chain Dive

CSX and Norfolk Southern are emphasizing communication and flexibility to preserve service reliability.

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Collapse of Baltimore Bridge Highlights the Cost of Failing to Safeguard Critical Spans

Supply Chain Brain

The collapse of Baltimore's Francis Scott Key Bridge raises urgent questions about the vulnerability of infrastructure that keeps ships flowing through vital U.S. ports.

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Automakers reroute shipments after Baltimore bridge collapse

Supply Chain Dive

Other manufacturers in the area, including Stanley Black & Decker and McCormick & Co., are still operating after the accident.

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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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Meet AI in Contract Lifecycle Management

Spend Matters

Artificial intelligence (AI) comes in many different forms (for a complete history of AI in procurement, check out our recently published autoaugmentation series) and despite being a consistent “hot topic” for well over a decade now, continues to grow and evolve each year in the procurement industry. This article explores the current state of AI in the CLM market, including a capabilities overview, a high-level market overview and an introduction to the emerging field of GenAI in CLM.

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Watch: How AI Addresses Inventory Challenges

Supply Chain Brain

Artificial intelligence can help eliminate unneeded inventory, says Sankalp Arora, chief executive officer and co-founder of Gather AI.

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Accelerating scope 3 emissions accounting: LLMs to the rescue

IBM Supply Chain Blog

The rising interest in the calculation and disclosure of Scope 3 GHG emissions has thrown the spotlight on emissions calculation methods. One of the more common Scope 3 calculation methodologies that organizations use is the spend-based method, which can be time-consuming and resource intensive to implement. This article explores an innovative way to streamline the estimation of Scope 3 GHG emissions leveraging AI and Large Language Models (LLMs) to help categorize financial transaction data to

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Underwater Robots Are Helping Maritime Shipping Clean Up Its Act

Supply Chain Brain

Neptune's robot cleans up biofouling: the algae, seaweed, barnacles and other organisms that accumulate on hulls, adding drag and reducing fuel efficiency.

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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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AI in procurement – The machine/human paradox

Spend Matters

The leaders of the procurement world are up against increasing pressure to, and indeed have the appetite to, “drive significant and unprecedented levels of value” — so says the results of the latest global CPO survey , performed by Deloitte and with expert input from Spend Matters chief research officer and procurement technology authority Pierre Mitchell.

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UN Report Reveals Over a Billion Tons of Food are Thrown Away Every Year

Supply Chain Brain

A majority of the world's food waste comes from households, comprising roughly 60% of the billion tons thrown away in 2022.

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Maximizing the Bottom Line: The Power of Procurement

SCMR (Supply Chain Management Review)

Procurement activities can have a positive impact on a business’ bottom line, leading to more profit without the need to expand spending.

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Baltimore truckers, dockworkers brace for Key Bridge collapse effects

Supply Chain Dive

The downed bridge is marooning the Port of Baltimore and threatening the region's supply chain.

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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.

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Best Supply Chain Management Software for Mac 2024

SCMDOJO

The world of supply chain management is fast-paced. Hence, leveraging the right technological tools becomes not only beneficial. It is also a means to maintain a competitive edge and operational excellence. For those who use a Mac as their trusted companion in 2024, the hunt ends here. This comprehensive guide highlights software that stands out. However, it goes beyond mere listings.

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How the Baltimore bridge disaster is impacting supply chains

Supply Chain Dive

Auto suppliers are diverting shipments, while truckers are bracing for possible transport challenges.

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Cargo Shipping Remains on Hold in Baltimore Following Bridge Collapse

SCMR (Supply Chain Management Review)

Commercial shipping traffic into and out of the Port of Baltimore remains on hold following the collapse of a bridge in the region on Tuesday.

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The Pareto 4% and Costa Coffee’s exponential global reach

Procurement Insights

My day starts around 6:00 AM with the silence of the morning, my breaking news feeds, and a cup of coffee. For me, that first sip of java is genuinely one of the highlights of my day! Recently, I had an extra caffeine boost thanks to a podcast featuring Costa Coffee’s Francisco Javier Martínez Moreno. As Costa Coffee’s Chief Supply Chain Officer, Francisco joined Leaders in VALUE CHAIN host Radu Palamariu to talk about his twenty years in the supply chain with Costa Coffee and, befor

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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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Turning climate risks into business opportunities 

IBM Supply Chain Blog

Climate change causes extreme weather events across the world that endanger people’s lives and disrupt the businesses on which they depend. In Africa, for example, recurring droughts, floods and cyclones due to climate change might cause crop failures and food insecurity. As businesses make plans to mitigate climate risks such as extreme weather events, they have an opportunity to innovate with new business models and demonstrate leadership by implementing more sustainable practices.

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Five ways to team up and deter supplier fraud

HICX

By Costas Xyloyiannis, CEO of HICX Despite best efforts, Finance leaders struggle to allay the tactics of criminals posing as suppliers. Fraudsters would be easier to deter if Finance had a steady source of accurate supplier information. In practice, though this information is notoriously inaccurate. The department responsible for managing supplier information, Procurement, works closely with Finance.

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Unleashing the Power of Procurement Buyers: Delving into this Impactful Role

Arkestro

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

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Procurement’s Role in Achieving Zero Waste

Una

Procurement’s Role in Achieving Zero Waste Now’s the time to rethink business practices surrounding sustainability and embrace procurement’s role in achieving zero waste. By Hugo Britt | March 28, 2024 Search Search Sometimes, the challenge of reducing or eliminating waste can seem overwhelming. Even if you diligently sort your recycling at home and attempt to choose low-packaging items at the supermarket, it can be dispiriting when you think about the wave of waste threatening the p

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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U.S. Treasury Secretary Sounds Alarm Over China's Surplus of Green Technology

Supply Chain Brain

China's surplus of solar power, electric vehicles, and lithium-ion batteries allows them to ship those products to other countries at lower rates.

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Episode 158: All Eyes Should Remain on the Red Sea with Kris Lance

Una

EPISODE 158 All Eyes Should Remain on the Red Sea with Kris Lance By Kelly Barner | March 27, 2024 Human nature has a way of becoming numb to that which we absorb as part of the status quo. Sadly, this doesn’t just pertain to the weather; it also applies to human suffering and warfare, especially if it is far away. Today this applies in the form of the Red Sea attacks that continue, and which have escalated, turning global supply chains into a literal battlefield.

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Technology Round-Up — March 27, 2024

CPO Rising

CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.

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Banks, your shareholders do care about payment costs 

IBM Supply Chain Blog

Here’s an argument for modernizing payments: Profits from traditional payment types are caught in a death spiral. As usage of traditional methods of payments decline, the high fixed cost to maintain them begins to seriously hurt margins as the revenue from smaller volumes declines. Increasing the price for the remaining transactions only hastens the decline.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,