Fri.Aug 04, 2023

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Supply Chain Weekly Wrap-Up 07/28/2023-08/03/2023

All Things Supply Chain

Amazon opens robotics FC in Detroit Amazon has opened its first operations facility in Detroit, a robotics fulfilment center (FC) spanning 823,000 square feet.

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7 Reasons Why You Should Reduce Inventory

SCMDOJO

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business.

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CSCMP and Chi Studios Launch Supply Chain Leadership Program

Supply Chain Brain

The CSCMP Executive Supply Chain Academy will provide industry leaders with the skills needed to navigate current and future challenges in the supply chain space.

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Yellow shutdown may lead to sticker shock for shippers, analysts say

Supply Chain Dive

With bankruptcy looming for the major LTL carrier and its low-cost services, shippers will likely see rate hikes for similar services.

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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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Airbus Receives Order for 75 More Aircraft from Wizz Air

Supply Chain Brain

Airbus’ A321neo planes have been winning the race against rival Boeing’s 737 MAX models to meet the demand for greater range and more capacity.

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Reinventing Retail at Macy’s

SCMR (Supply Chain Management Review)

Macy’s has doubled down on strategies it put in place before the pandemic, and now it is maximizing inventory and margins.

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ASCM Launches Certified In Transformation For Supply Chain Credential

SCMR (Supply Chain Management Review)

The Association for Supply Chain Management has introduced a new supply chain credential for those looking to learn best practices, knowledge and the skills needed to lead transformation projects.

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CMMSs help medical facilities thrive in the face of labor shortages

IBM Supply Chain Blog

The demand for skilled healthcare professionals is increasing. However, the number of biomedical equipment technicians (BMETs)—the professionals who manage, repair and maintain the medical equipment—is shrinking. According to a 2020 survey , 40% of the BMET workforce is age 55 and older, with nearly 1 in 4 BMETs over the age of 60 and approaching retirement.

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Improved Retailer Sales Helped Amazon Beat Quarterly Expectations

Supply Chain Brain

Even though Amazon is pleased with its progress, the organization sees more opportunities to improve cost efficiencies moving forward, said chief financial officer Brian Olsavsky.

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Building Essential Hard Skills For Procurement Success

Procurement Freelancers

Procurement professionals are continually looking for methods to improve their abilities and succeed in the… The post Building Essential Hard Skills For Procurement Success first appeared on Procurement Blog | Procurement & Supply Chain News.

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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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Navigating the Tightrope: Overselling in eCommerce and How to Avoid the Pitfalls

Finale Inventory

Seller checking inventory and preparing stock to be shipped. Image by tonodiaz. In the dynamic world of ecommerce, overselling is a term that’s no stranger to industry experts but is feared even among the most experienced of sellers. Overselling can send your business spiraling into a vortex of customer dissatisfaction and lost opportunities. Finale Inventory is here to provide strategies to avoid overselling, helping you understand its pitfalls and how to navigate them effectively.

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Register Today for Supplier Experience Live in Amsterdam!

HICX

Leading brands are transforming their procurement and supply chain strategies by putting supplier experience at the centre. HICX Supplier Experience Live , in partnership with DPW, is the only event dedicated to helping organisations use supplier experience to remove friction and become customer-of-choice. Join us on 10th October and maximize your time in Amsterdam!

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CPO Rising Listicle: Curb Inflation with Five Strategies

CPO Rising

Fridays (in 2023) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.

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IBM Cloud security: How to clean up unused access policies

IBM Supply Chain Blog

When was the last time you looked over existing access policies in your cloud account? It’s very likely that it is not on your regular tasks (yet), but it should be done regularly to improve security. In IBM Cloud, access policies define who receives which set of privileges granted on what resource. When a policy is evaluated and then applied to allow access, “last-permit” data is updated.

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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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Data democratization: How data architecture can drive business decisions and AI initiatives

IBM Supply Chain Blog

Data democratization, much like the term digital transformation five years ago, has become a popular buzzword throughout organizations, from IT departments to the C-suite. It’s often described as a way to simply increase data access, but the transition is about far more than that. When effectively implemented, a data democracy simplifies the data stack, eliminates data gatekeepers, and makes the company’s comprehensive data platform easily accessible by different teams via a user-fri

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