Wed.May 03, 2023

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UPS plans to open 7 healthcare logistics facilities in 2023

Supply Chain Dive

Services for healthcare shippers have been a bright spot for the delivery giant amid an overall decline in demand.

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A Big Rethink: Reimagining and Reshaping Supply Chain Planning

Supply Chain Brain

Key to any digitalization effort is connecting all data, decisions, and operations and enabling the community of internal and external users and partners to make better and faster supply chain decisions.

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Episode 113: Learning to Work Side-by-Side with ChatGPT with Joshua Palacios

Una

EPISODE 113 Learning to Work Side-by-Side with ChatGPT with Joshua Palacios By Kelly Barner | May 3, 2023 In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Joshua Palacios. Josh is a Senior Sourcing Manager at Ro and according to his LinkedIn profile he “refuses to be overlooked due to his work ethic and achievements.” Josh connected with The Sourcing Hero team in a very unique way… he is a regular listener and had the creative idea to ask ChatGPT what a Sourcing Hero is.

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Iran Seizes Second Oil Tanker, Heightening Shipping Fears

Supply Chain Brain

The incident is the latest flare-up in one of the world’s most oil-rich regions, after Iran seized another tanker in the nearby Gulf of Oman April 27.

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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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4 charts show how cargo diversions are playing out in the US

Supply Chain Dive

Shippers have been diverting cargo for years now, but where exactly is it going? A few datasets provide a hint.

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The Psychiatry of Supply Chain Negotiations: Using human factors to attain superior outcomes

SCMR (Supply Chain Management Review)

“Negotiation is empathy. It’s almost trite to say that if you can’t put yourself in the seat of the other person you’re speaking with, you’re not going to do well.

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Machine learning techniques in supply chain management

SCMR (Supply Chain Management Review)

Organizations can gain a competitive edge and maximize profits by leveraging the power of technology to increase efficiency in their supply chain. But they need to understand what machine learning is, and is not, if they want to reduce costs, increase profits, and improve the customer experience.

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Autonomous Delivery Solutions Aren’t One-Size-Fits-All

Supply Chain Brain

Autonomous delivery services come in many shapes and kinds, none of which provides a one-size-fits-all solution.

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ASCM launches new technology certificate

SCMR (Supply Chain Management Review)

A new Supply Chain Technology Certificate from the Association for Supply Chain Management is designed to give professionals an understanding of the role emerging technologies play in supply chain performance.

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Jason Busch talks to Alex Gagnon at ABX: Innovation and growth at Amazon Business

Spend Matters

Categories: Innovation , Procurement Systems & Architecture , Purchasing and Sourcing Tags: Podcast Recently Jason Busch, the founder and CEO of Spend Matters, arrived in London from Chicago to attend this year’s Amazon Business Exchange (ABX). ABX is the flagship event of Amazon Business, the professional procurement solution that offers customers the choice of millions of products, invoice management and exclusive features tailored to a business's needs, enhancing Procurement’s impact as a

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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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Frictionless Supply Chain Podcast: Strategies for global trade compliance

SCMR (Supply Chain Management Review)

Shipping goods across borders is a complicated process that requires plenty of documentation. Shipping Solutions’ Lisa Nemer joins Rosemary Coates to discuss the process.

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SEC pressed to halt potential Shein IPO over forced labor concerns

Supply Chain Dive

A group of lawmakers want the fast fashion giant to verify whether its supply chain is tied to China's Xinjiang region.

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Blockchain (Part 4): Impediments and how they can be avoided

Spend Matters

Categories: Procurement Systems & Architecture Tags: PRO In part 1 of our blockchain in procurement series, we outlined what a blockchain is, what it can do and its potential use for procurement. In part 2, we examined concrete ways that vendors currently use blockchain to enhance their procurement process offerings. In part 3 we looked at some of the ways we anticipate blockchain technology to evolve in the near future.

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Fintechs and SME Suppliers: Liquidity through digitization

SCMR (Supply Chain Management Review)

Credit barriers and extended payment terms hamper the operational ability of tier 2 and tier 3 supply chain participants. But a new breed of technology companies are here to help.

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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 to Become A Citizen Developer

Pipefy

Chances are you’ve already heard about citizen developers. Over the past couple of years, citizen development — and its relative citizen automation — have taken center stage as businesses look for ways to improve efficiency, accelerate development cycles, and bridge the gap between business units and IT teams. If you’re ready to start down the path to becoming a citizen developer, this guide is for you.

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Services economy continues on a growth path in April, reports ISM

SCMR (Supply Chain Management Review)

The Services PMI—at 51.9 (a reading of 50 or higher signals growth)—increased 0.7% over March’s 51.2, growing, at a faster rate, for the fourth consecutive month. ISM said that the services sector has seen growth in 34 of the last 35 months, with December 2022 being the one month with a decline.

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New Law Would Require Canadian Businesses to Provide Annual Reports on Forced Labor

Supply Chain Brain

If passed, the law would compel Canadian companies and governmental bodies to provide annual reports outlining their efforts to reduce the use of forced or child labor.

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Contracting in the new economy

SCMR (Supply Chain Management Review)

Companies are turning to formal relational contracts to boost collaboration and drive innovation with strategic suppliers.

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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: Open Sky Group Introduces Kaleidoscope

Supply Chain Brain

Open Sky Group, a global leader in solving supply chain technology challenges, announces its new Kaleidoscope Suite of supply chain management solutions.

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Q&A: Drive greater category value by uniting external and internal intelligence

Jaggaer

The post Q&A: Drive greater category value by uniting external and internal intelligence appeared first on JAGGAER.

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Roadie Launching Same-Day Delivery Tool for Oversized Products

Supply Chain Brain

Roadie announced it will be launching RoadieXL, a logistics tool that specializes in the same-day delivery of oversized items weighing up to 300 lbs.

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Turning Over a New Leaf: EU’s Bold Move Against Deforestation and the Path to Compliance

SupplyShift

On April 19th, 2023, the European Parliament adopted the new EU Deforestation Regulation (EUDR) , clearing the way for it to move forward. Next, the law will be formally endorsed by the Council of the European Union and will enter into force 20 days later. From that point, companies regulated under the new law will have 18 months to become compliant.

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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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Association for Supply Chain Management Launches New Technology Certificate

Supply Chain Brain

The ASCM's new Supply Chain Technology Certificate offers an understanding of emerging technologies and how they impact supply chain performances.

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Technology Round-Up — May 3, 2023

CPO Rising

CPO Rising’s Technology Round-Up Series returns today 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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Full Harvest Expands Supply Chain Digitization to Cover All Grades of Produce

Supply Chain Brain

Full Harvest has expanded its online marketplace so it can handle all grades of produce, from USDA Grade 1 to surplus and imperfect products.

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The Big Interview with Gordon Hall

Procurement Heads

For Procurement Heads ‘ latest Big Interview, he spoke with Kane Nurse about his procurement career. How did you get into procurement? It’s an interesting story, procurement wasn’t a predefined career choice by any means. I actually fell into procurement. It was presented to me as an opportunity and challenge at the same time in my very first role by the Managing Director I was reporting to at the time, this followed a two-and-a-half-year stint in front-line operations.

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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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What Is Invoice Processing? How It Works and the Benefits of Automated Invoice Processing

Pipefy

Company purchases are a common and necessary part of running a business, whether it’s for office supplies, outsourced services, or raw goods. When these purchases are made, they’re usually issued using a line of credit; companies place an order, the vendor or supplier provides the goods or services, and then payment is requested. This payment for request is usually provided to companies in the form of an invoice, which is a document that serves as an itemized record of the transaction between th

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The Big Interview with Gordon Hall

Procurement Heads

For Procurement Heads ‘ latest Big Interview, he spoke with Kane Nurse about his procurement career. How did you get into procurement? It’s an interesting story, procurement wasn’t a predefined career choice by any means. I actually fell into procurement. It was presented to me as an opportunity and challenge at the same time in my very first role by the Managing Director I was reporting to at the time, this followed a two-and-a-half-year stint in front-line operations.

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Fulfillment Plus Value Added Services: A Magic Formula

Let's Talk Supply Chain

Fulfillment Plus Value Added Services: A Magic Formula Renewal Logistics handles warehousing and distribution as most 3PLs do, but where we are very different is that we are the ONLY 3PL that I know of in the US that also does Value Added Services projects at scale. And when I say Only, I mean Only. I was at an International Warehousing and Logistics Association function a few weeks ago, and we were the ONLY company out of about 150 in the room that did Value Added Services as a primary function

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Biden Administration Ramping Up Data Exchange Program for U.S. Supply Chains

Supply Chain Brain

The Freight Logistics Optimization Works program has seen its membership increase from 18 businesses in 2022 to 53 firms in 2023.

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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.