Fri.May 26, 2023

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Supply Chain Weekly Wrap-Up 05/19/2023-05/25/2023

All Things Supply Chain

Apple with Broadcom partner for US-made 5G technology Apple has struck a multibillion-dollar deal with Broadcom, a U.S. chipmaker, to collaborate on the development of 5G radio frequency components.

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Wood vs. plastic: Which pallets are more sustainable?

Supply Chain Dive

More pallet companies are marketing their products’ sustainability amid growing attention to ESG practices, fueling the ongoing debate of whether one substrate reigns superior.

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Schneider Electric tops Gartner Global Supply Chain Top 25 for first time

SCMR (Supply Chain Management Review)

The top global supply chains identify and capture new opportunities, drive progress and transform the way their organizations work, Gartner said. Schneider Electric is atop the Global Supply Chain Top 25 for the first time.

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Maersk opens supply chain innovation center

Supply Chain Dive

The New Jersey center has already been used to research or test a variety of logistics technology, including Verity warehouse drones and trailer unloading equipment from Boston Dynamics.

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How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. GEP’s sourcing expertise and market intelligence enabled the company to centralize sourcing and order management processes, strengthen key supplier relationships, and enhance supply chain resilience and agility.

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Strengthening cybersecurity in life sciences with IBM and AWS

IBM Supply Chain Blog

Cloud is transforming the way life sciences organizations are doing business. Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability. Leading life science companies are leveraging cloud for innovation around operational, revenue and business models.

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Nike CFO takes on procurement oversight

Supply Chain Dive

Matthew Friend, who joined the brand in 2009, will have responsibility over a massive supply operation that sources from hundreds of factories around the globe.

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Flood of summer air cargo capacity further softens spot rates

Supply Chain Dive

With volumes falling for the 14th consecutive month, industry hopes for a rebound ahead of peak season continues to fade.

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CPO Rising Listicle: How to Make AP Smarter

CPO Rising

Fridays (in 2023) means that it’s time for another CPO Rising Listicle. Ahead of our annual State of ePayables report (this year’s subtitle is Paying the Way to a Smarter Future), publishing soon, I wanted to share a few recommendations that Procurement, AP, and P2P teams can take to make AP smarter now.

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Invoice Cycle Time: What Is It and How To Improve It

Planergy

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing.

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6 Truths to Clarify and Empower Your Digital Supply Chain Strategy

The Network Effect

The post 6 Truths to Clarify and Empower Your Digital Supply Chain Strategy appeared first on The Network Effect.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

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. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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British Airways Cancels Dozens of Heathrow Flights After I.T. Problem

Supply Chain Brain

Most of the cancellations, which come on the busiest day for U.K. air travel since 2019, are for European and domestic flights.

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How Learning a New Language Can Benefit in SCM

SCMDOJO

Even if we take a quick look at the current supply chain management challenges like digital transformation and demanding forecasting evaluation, it becomes obvious that learning a new language is essential. It is a reason why so many bilingual specialists often manage to establish successful careers and deal with global challenges, congestion resolution , and frequent delays at ports that take place.

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Invasion of Ukraine ‘Has Fueled Funding Boom for Clean Energy’

Supply Chain Brain

For the first time in history the amount of investment going to solar is higher than the amount going to oil production

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How Red Hat OpenShift on AWS (ROSA) accelerates enterprise modernization initiatives on cloud, delivering business application innovation

IBM Supply Chain Blog

When it comes to driving large technology transformation on Cloud, leveraging existing investments, and optimizing open innovation within the larger ecosystem with a hybrid cloud platform, IBM Consulting™ offers several learnings to help organizations address the architecture and technology challenge. Consider large financial services organization going through core banking modernization.

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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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Supplier Marketing 101: What Can Procurement Learn from Marketing?

HICX

In this webinar,  Tania Seary , Founder of  Procurious , invites  Anthony Payne , CMO at  HICX  and  Nathan Hodges , Managing Director at  TrinityP3  to discuss why supplier marketing is the inevitable evolution of five key trends in the procurement space: Digitalization of the procurement function The role of Procurement becoming increasingly strategic Demands for strategic data and information exchange The need for improved process efficiencies Increasing need to become a ‘customer-of-choice’