Thu.Sep 21, 2023

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Event Preview: Chief Procurement Officer Summit 2023 -marcusevans

All Things Supply Chain

We are excited to announce that the CPO Summit returns on November 2-4th of November at the JW Marriott Marquis Miami, Miami, FL USA!

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Getting a Kiss From a World Class Supply Chain

Art of Procurement

Founded in 1894 by Milton Hershey, The Hershey Company has seen their share of ups and downs. Not only have. The post Getting a Kiss From a World Class Supply Chain appeared first on Art of Procurement.

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IBM TechXchange underscores the importance of AI skilling and partner innovation

IBM Supply Chain Blog

Generative AI and large language models are poised to impact how we all access and use information. But as organizations race to adopt these new technologies for business, it requires a global ecosystem of partners with industry expertise to identify the right enterprise use-cases for AI and the technical skills to implement the technology. During TechXchange , IBM’s premier technical learning event in Las Vegas last week, IBM Partner Plus members including our Strategic Partners, reseller

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Enabling AI in Procurement Transformation – The Case For Adoption in the Electric Utility Industry

Supply Chain Brain

Utilities should set their procurement technology strategy to implement a fully integrated global I.T. system infrastructure that incorporates procure-to-pay operations with fully automated workflows.

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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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ASCM Honors 3 Companies, 3 Individuals for Supply Chain Performance, Dedication

SCMR (Supply Chain Management Review)

3 companies and 3 individuals have been recognized with Association for Supply Chain Management Awards of Excellence for their dedication in advancing the field of supply chain management.

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Watch: Filling the Full Truckload Procurement Gap

Supply Chain Brain

Andrew Leto founder and chief executive officer of online truck freight procurement platform Emerge, has a habit of looking for gaps in the logistics industry that can be filled via emerging technologies.

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FedEx gains volume from UPS labor talks, Yellow bankruptcy in Q1

Supply Chain Dive

The carrier added 400,000 more packages a day by August's end as shippers fretted over a potential UPS strike.

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The Market Speaks: Procurement practitioner requirements and the tech vendor response — EcoVadis

Spend Matters

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

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The Navy’s NOSS Program and the Future of Food Service Management

The Network Effect

The future of food service management with the US Navy's NOSS program powered by a digital supply chain network will look very different to today.

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Furniture-maker Noble House falls into bankruptcy, owes overseas suppliers millions

Supply Chain Dive

The company, which sells to some of the largest U.S. retailers, suffered from rising costs and disruptions in its supply chain.

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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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Russia Temporarily Bans Diesel Exports; European Prices Jump

Supply Chain Brain

The ban, which also applies to gasoline, came into force September 21 and doesn’t have a final date, according to the government decree.

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Port Houston container volumes decrease 20% in August

Supply Chain Dive

The drop marks the highest decline of the year so far, but follows a record August 2022 and July 2023.

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Procurement 6 – September 22nd, 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 Procurement 6 – September 22nd, 2023 appeared first on Art of Procurement.

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Hershey’s first chief technology officer is an Amazon veteran

Supply Chain Dive

Deepak Bhatia brings expertise in automation, supply chain and artificial intelligence to the maker of Reese’s and Kisses.

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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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When comparing apples to apples isn’t any longer about apples – especially when it comes to Esignature technology

Procurement Insights

“However, like time, insight ultimately moves forward toward tangible innovation. Innovation which, in turn, leads to a practical real-world solution that meets and even surpasses the expectations of the original vision. While Discontinuous Innovation is the term most frequently applied to such advancements, it is, in fact, the simple practicality of the breakthrough itself that eventually captures mainstream attention and ultimately gains acceptance.” – Procurement Insights (

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August air cargo spot rates hit lowest level since pandemic

Supply Chain Dive

Falling rates amid soft demand are dampening airlines’ hopes of a peak season, according to Clive Data Services.

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How good is your supply chain visibility?

Procurement Insights

What would Simon Terry say about Supply Chain Visibility in 2023? In 2010, I saw a presentation (see slide excerpts below) by Simon Terry – who at the time worked at IBM and is now the CEO at 4C Associates. At first glance, I thought I was looking at current-day 2023 statistics – not 2010. It made me think of the following questions: 1. To what degree has our visibility into our supply chains improved – for example, regarding Scope 3 emissions reporting, we now realize our lack

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China Emphasizes Importance of Pakistan Economic Corridor

Supply Chain Brain

Gwadar is the linchpin of China’s Belt and Road infrastructure endeavors in Pakistan, but developments have attracted ire from Gwadar locals, over illegal fishing trawlers from abroad.

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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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How pharmaceutical brands can be resilient

HICX

Let’s approach the components of supply chain resilience holistically, suggests HICX’s CEO, Costas Xyloyiannis Although inflation and economic pressures force pharmaceutical brands to watch their pennies, they will do well to avoid tackling cost efficiency as a solo issue. Brands require resilience in an array of areas and, chief among these, is compliance.

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American Consumers Planning to Spend Less This Holiday Season

Supply Chain Brain

On average, Americans who shopped during the 2022 holiday season intend to spend 39% less on gifts during the 2023 holiday season.

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The Power of Procurement Skills: Building a Resilient Business

NLPA (Next Level Purchasing Association)

In the relentless ebb and flow of the business world, one undeniable truth emerges with crystal clarity: the power of procurement skills isn’t just a valuable asset; it’s the lifeline of a resilient and thriving business, and the clock is ticking. The modern business landscape is constantly evolving, and this dynamism is especially evident in the areas of purchasing and supply chain management.

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Using Data Science to Drive Continuous Improvement in the DC

Supply Chain Brain

It’s time to dispel the notion that data science is purely abstract and theoretical: In fact, it can and should be applied to make a practical difference in evolving warehouse performance.

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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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Industry Today: Navigating Generative AI in Manufacturing & Supply Chain

Arkestro

The post Industry Today: Navigating Generative AI in Manufacturing & Supply Chain appeared first on Arkestro.

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Chevron Accepts Australian Tribunal's Arbitration Terms to End LNG Strikes

Supply Chain Brain

A successful deal could end the strikes that started almost two weeks ago at plants that supply about 7% of the world’s liquified natural gas.

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Cost Savings vs. Cost Avoidance

Una

Cost Savings vs. Cost Avoidance in Procurement Understand cost savings vs. cost avoidance in procurement and how each distinctly impacts an organization’s approach to cost management. By Hugo Britt | September 21, 2023 Search Search “Hey honey, I just saved our family over $100,000!” “Really? How?” “I just decided not to buy myself a Tesla Model S!

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Podcast | Betting on Electric Vehicles: A Realistic Appraisal

Supply Chain Brain

Automakers have put themselves squarely on the road to electrification, but there could be speed bumps ahead.

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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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Holistic Order Fulfillment with Mobile Robots: Automating Case Picking Operations

Supply Chain Brain

Are you ready to unleash the full potential of order fulfillment with Mobile Robots?

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Biden Administration Awards $12M to Marine Highway Projects

Supply Chain Brain

The funding will go towards improving the movement of goods along navigable U.S. waterways and expanding existing services in Alaska, Illinois, Indiana, Louisiana, Texas, Washington and Wisconsin.

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