Fri.Jul 28, 2023

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Supply Chain Weekly Wrap-Up 07/21/2023-07/27/2023

All Things Supply Chain

Ford supplier invests $790M to build new Plants Magna International, an automotive supplier, will produce key components for Ford’s second-generation electric truck as part of a $790 million investment.

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Return to Market Normalcy Offers Opportunity

SCMR (Supply Chain Management Review)

A new AlixPartners report found that continued calm in the logistics markets is offering an opportunity for participants to expand or reassess and realign their operations.

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Workers say surveillance makes them less productive — if they know about it

Supply Chain Dive

While employers have sought surveillance to improve remote productivity, various studies and surveys indicate that such monitoring could be counterproductive.

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Three in Four Transportation Workers Would Support a Strike of UPS

Supply Chain Brain

Almost two-thirds of responders (65%) said they are worried about the potential impact a UPS strike would have on the economy.

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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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Amazon opens robotics fulfillment center in Detroit

Supply Chain Dive

More than 1,200 employees will help pick, pack and ship items while working "with innovative technology," the company said.

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How Pharmaceutical Brands Can Use Supply Chain as a Competitive Advantage Against Generics (Part 1)

The Network Effect

The post How Pharmaceutical Brands Can Use Supply Chain as a Competitive Advantage Against Generics (Part 1) appeared first on The Network Effect.

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How Brooks Running is deepening its supply chain visibility

Supply Chain Dive

The sports equipment retailer implemented traceability platform TrusTrace as the company works toward its responsible sourcing goals.

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How Open Liberty and IBM Semeru Runtime proved to be the perfect pillars for Primeur

IBM Supply Chain Blog

As an independent software vendor (ISV), we at Primeur embed the Open Liberty Java runtime in our flagship data integration platform, DATA ONE. It is essential that the embedded Java runtime is both invisible to our customers yet observable to our engineers who support them. Open Liberty , IBM’s open-source Java runtime on which IBM WebSphere Liberty is built, was the perfect solution for us.

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Indirect Procurement: Definition, Best Practices & Strategies

Fraxion

There is no doubt a business needs robust processes and strategic relationships with goods and service providers to survive the competitive marketplace. Unfortunately, although most companies focus on direct procurement, they fail to manage indirect procurement , or the purchasing for their day-to-day business operations.

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3 Essential Workplace Practices You Will Learn in a Conflict Resolution Course

Negotiations Ninja

Conflict in the workplace is inescapable; we all have to deal with it to some degree or another. For this reason, conflict resolution training is essential to the streamlined performance of everyone within a business, company, or organization.

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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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CPO Rising Listicle: Six Considerations When Replacing an Incumbent Supplier

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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What is a Managed Care Contract? Healthcare Administrator's Guide

ContractSafe

Managed care contracting can be a headache, but with the right software and practices, you can simplify the process and focus on delivering great patient care.

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Volkswagen Lowers 2023 Deliveries Target Due to Supply Chain Issues

Supply Chain Brain

The German carmaker said that it would only be able to deliver a total of between 9 million and 9.5 million cars in 2023.

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What is the vulnerability management lifecycle?

IBM Supply Chain Blog

Every month, the National Institute of Standards and Technology (NIST) adds over 2,000 new security vulnerabilities to the National Vulnerability Database. Security teams don’t need to track all of these vulnerabilities, but they do need a way to identify and resolve the ones that pose a potential threat to their systems. That’s what the vulnerability management lifecycle is for.

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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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East Palestine Train Derailment Has Cost Norfolk Southern Almost $1B

Supply Chain Brain

The organization said that it took a $416 million charge against its Q2 2023 earnings to cover the estimated ongoing clean-up costs of the derailment site.

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IBM and AWS partnering to transform industrial welding with AI and machine learning

IBM Supply Chain Blog

In industrial metal-to-metal welding operations, companies are struggling to automate inspections to efficiently detect weld defects. To prevent costly product recalls, excessive scrap, re-work and other costs associated with poor quality, companies look to automate inspections and identify weld defects early and consistently. The unsung heroes Welding is the fusion of two compounds with heat.

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Biden administration logs $242B in small business spending

Supply Chain Dive

More than 26% of prime federal contracts went to smaller firms, beating the government’s goal.

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A Decade of Partnership Success: Celebrating 10 Years with ShipStation

Finale Inventory

The ShipStation and Finale Inventory team at ShipStation University. At Finale Inventory, we understand the intricacies of ecommerce. Twelve years ago, we set sail on our journey to streamline inventory and warehouse management. We joined forces with an equally ambitious partner, ShipStation , a few years later, whose mission was to simplify the complexities of online shipping.

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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