Thu.Aug 03, 2023

article thumbnail

Global Grain Prices Soar Following Russian Attack on Ukrainian Port

Supply Chain Brain

The EU warned developing countries that Russia would begin offering cheap grain as a way to create new dependencies stemming from economic vulnerabilities and global food insecurity.

Price 98
article thumbnail

Available Capacity, Stable Rates Among Shipper Expectations for Next 12 Months

SCMR (Supply Chain Management Review)

A new survey of 500 transportation leaders finds most expect stable, but slightly above normal rates and plenty of capacity over the next 12 months.

90
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Saudi Arabia Extends 1M-Barrel Oil Cut, Says It Can Be Deepened

Supply Chain Brain

The leader of the Organization of Petroleum Exporting Countries (OPEC) will continue the cutback of 1 million barrels a day — launched during July — into September.

Export 98
article thumbnail

7 Supply Chain Strategies for Pharmaceutical Brands to Compete Against Generics

The Network Effect

The post 7 Supply Chain Strategies for Pharmaceutical Brands to Compete Against Generics appeared first on The Network Effect.

article thumbnail

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.

article thumbnail

Hanwha Ocean Secures LNG Carrier Order Worth Almost $260M

Supply Chain Brain

Hanwha won the contract from an undisclosed client based in Asia and will deliver the LNG tanker to the customer during the first half of 2027.

article thumbnail

UNFI launches new supplier platform

Supply Chain Dive

The new platform aims to strengthen vendors’ marketing and merchandising efforts through extended information on sales, inventory and deduction data.

More Trending

article thumbnail

Streamlining compliance with IBM Cloud Infrastructure as Code and a shift-left approach

IBM Supply Chain Blog

In today’s fast-paced digital landscape, organizations need to ensure their cloud infrastructure is not only efficient and scalable but also compliant with various regulatory standards. IBM Cloud provides a powerful solution with its Infrastructure as Code (IaC) capabilities and the adoption of a shift-left approach to compliance. This blog explores how IBM Cloud’s IaC, when combined with shift-left compliance practices, can help organizations enhance their cloud infrastructure and m

article thumbnail

The Benefits of Future Available-to-Promise Inventory

Supply Chain Brain

Retailers need to unify inventory data in real time, and ensure that products are available for fulfillment across all sales channels.

article thumbnail

Simplify your Logistics Financials Complexity using aThingz Triple Double approach

SCMR (Supply Chain Management Review)

In this webcast, learn how aThingz stitches the financial elements of Logistics, right from planning through the invoice process.

article thumbnail

Ocean Yield Investing in Four LR1 Oil Tankers

Supply Chain Brain

The ships will be built with special duel-fuel engines that allow the vessels to use methanol as their main energy source.

article thumbnail

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.

article thumbnail

Paccar projects boost in production for 2023

Supply Chain Dive

Despite lingering supply chain issues, the OEM aims to build at least 290,000 Class 8 trucks for the U.S. and Canada market.

article thumbnail

How organizations can successfully measure an application health monitoring process

IBM Supply Chain Blog

Organizations today require every employee, application and process to work in coordination to produce value. Organizations increasingly depend on their technology stack—which comprises the totality of their network interfaces, CPUs, virtual machines, operating system information and installed applications—to deliver consistent service to the end user.

Import 65
article thumbnail

Overstock attracts new suppliers with Bed Bath & Beyond rebrand

Supply Chain Dive

The retailer has increased its SKU count by 600,000 since it bought the chain’s intellectual property out of bankruptcy.

article thumbnail

For Construction Pros: How Contractors Use Predictive Models to Improve Margins

Arkestro

The post For Construction Pros: How Contractors Use Predictive Models to Improve Margins appeared first on Arkestro.

75
article thumbnail

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.

article thumbnail

Boeing prepares its supply chain for increased 737 production targets

Supply Chain Dive

The aerospace company delivered 136 total aircraft last quarter, with plans to reach 50 unit deliveries a month by 2026.

article thumbnail

Advanced Negotiation Skills: How to Counter Procurement’s Perfect Storm

Negotiations Ninja

Successful negotiations are more crucial than ever in today’s dynamic business landscape. This is especially true as the procurement process continues to evolve. Today, procurement is becoming more intricate and sophisticated, making negotiations increasingly challenging for sellers.

article thumbnail

J&J Snack Foods enhances distribution with Texas cold-storage facility

Supply Chain Dive

The 117,000-square-foot storage facility in Terrell will store and ship the food manufacturer's Superpretzel, Icee, Luigi's Real Italian Ice products and more.

66
article thumbnail

Short-Sightedness in Procurement

Una

Short-Sightedness in Procurement Learn how to avoid short-sightedness in procurement and adopt a long-term perspective with the help of a group purchasing organization (GPO). By Hugo Britt | August 3, 2023 Search Search Myopia: The condition of being nearsighted / A lack of foresight / A narrow view of something. (Merriam-Webster). What are the signs of short-sightedness in procurement, why does it matter, and (most importantly), how can it be fixed?

article thumbnail

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

article thumbnail

Macy’s chief supply chain officer exits

Supply Chain Dive

Dennis Mullahy, who joined the department store from crafting retailer Michaels, stepped down in July after four years in the role.

article thumbnail

[Pod] Procurement 6 – August 4th, 2023

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 [Pod] Procurement 6 – August 4th, 2023 appeared first on Art of Procurement.

article thumbnail

Watch: How to Prepare for the Next Leg of the Freight Cycle

Supply Chain Brain

The mass disruptions of the pandemic forced a broad acknowledgement that there’s a lot of waste in current supply chains, says Chris Pickett, COO at Flock Freight.

article thumbnail

Tesla Takes the Socialist Pledge

Art of Procurement

China is one of the most influential consumer, industrial, and raw materials markets in the world. Unfortunately, they are also. The post Tesla Takes the Socialist Pledge appeared first on Art of Procurement.

article thumbnail

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?

article thumbnail

Podcast | The Age of AI: Will It Drown Us in Misinformation?

Supply Chain Brain

Will the latest evolution of artificial intelligence create a fount of information — or misinformation?

52
article thumbnail

How much should moral and social considerations influence procurement activities?

Procurement Insights

Current and Active LinkedIn discussion stream started by Duncan Jones: [link] Voitek Szewczyke • Procurement Transformation I SCM Digitalization Regarding your last statement “…categories where the buyer has enough choice to consider ethical considerations”, I have a few thoughts. The question for “yesterday” is: what can we practically do to make a real impact on these companies, rather than just writing back and forth unproductive posts?

article thumbnail

Bringing the power of watsonx to our clients with IBM Consulting

IBM Supply Chain Blog

In our hundreds of generative AI engagements with clients around the world, enterprises are trying to balance massive value creation with risk mitigation—and they face a shortage of the necessary “AI for business” skills. Half of CEOs report they are already integrating generative AI into products and services, and 43% say they are using generative AI to inform strategic decisions, according to a recent IBM Institute for Business Value (IBV) CEO study.

Data 40
article thumbnail

Three essential steps to protecting your data across the hybrid cloud

IBM Supply Chain Blog

In a recent trend, many organizations are opting to store their sensitive data in the cloud. Others choose to keep their sensitive data on-premises or even across multiple types of environments. As a result, more and more companies are faced with the challenge of costly data breaches and data democratization. What is data democratization? In essence, data democratization occurs when everyone within an organization has access to sensitive and business-valuable data.

Data 60
article thumbnail

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.