Fri.Jun 23, 2023

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Supply Chain Weekly Wrap-Up 06/16/2023-06/22/2023

All Things Supply Chain

Elon Musk says Tesla to come to India Tesla CEO Elon Musk has expressed his intention to bring Tesla to India “as soon as humanly possible” following a meeting with…

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12 Best Construction Equipment Suppliers 2023 – Reviews & Pricing

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best Construction Equipment Suppliers 2023 — Reviews & Pricing A good house and building come from reliable construction equipment and materials. If you are searching for the right tools and equipment for your construction plan, you are on the right page.

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Teamsters push UPS for ‘big raises’ in next phase of contract talks

Supply Chain Dive

Negotiations involving wages got off to a rocky start on Thursday, with the union calling a company counteroffer “appalling.

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12 Best Drop Shipping Suppliers 2023 – Pricing & Reviews

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best UK Drop Shipping Suppliers 2023 — Pricing & Reviews The drop shipping industry is saturated but it is still a profitable business in 2023. According to Statista, the global dropshipping market will reach $243.42 billion in 2023.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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Saddle Creek expands with 4 more distribution centers

Supply Chain Dive

The new facilities will increase the 3PL’s warehouse footage to more than 33.4 million square feet.

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12 Best Construction Equipment Suppliers 2023 – Reviews & Pricing

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best Construction Equipment Suppliers 2023 — Reviews & Pricing A good house and building come from reliable construction equipment and materials. If you are searching for the right tools and equipment for your construction plan, you are on the right page.

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More Trending

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Taking on flexibility and variability at Maersk

SCMR (Supply Chain Management Review)

Maersk continues to focus on brining predictability and efficiency to the supply chain, and its new innovation center in New Jersey advances that goal.

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BrewDog Chooses Kegstar for Steel Keg Supply Chain Programs

Supply Chain Brain

The deal will see Kegstar offer its kegs and services to Scotland, Germany and Australia with additional plans to expand across Western Europe at a later date.

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How to improve your finance operation’s efficiency with generative AI

IBM Supply Chain Blog

While you may have learned about generative artificial intelligence (AI), you may not know what it means for the future of Finance and Accounting (F&A). As the name suggests, it generates images, music, speech, code, video or text, while it interprets and manipulates preexisting data. For F&A leaders, this means that it may have the ability to transform financial data, such as business performance reports, commentary and narratives.

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Eni Increases Gas Reach with $4.9bn Neptune Deal

Supply Chain Brain

The deal’s enterprise value is reportedly split into $2.28 billion for Neptune’s Norwegian assets, which go to Var Energi, and $2.6 billion for the rest.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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How generative AI can help finance and accounting professionals

IBM Supply Chain Blog

Whether you’re a CFO, an accountant, a financial analyst or a business partner, artificial intelligence (AI) can help improve your finance strategy, uplift productivity and accelerate business outcomes. Though it may feel futuristic, advancements such as generative AI and conversational AI technology can benefit Finance & Accounting (F&A) now.

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Nigeria’s Oil Goes Unsold as Tax Clawback Shakes Confidence

Supply Chain Brain

Traders said Nigeria's surplus was caused by a request for back taxes from shipping companies, which created wariness among firms looking to collect oil barrels from the country.

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HICX: Have you considered supplier marketing?

HICX

Anthony Payne, Chief Marketing Officer at HICX, explains how a marketing approach to supplier management can boost and enhance those valued partnerships… There is no doubt that one of the red-hot issues occupying the thoughts of every CPO and chief supply chain officer right now is supplier management. The past couple of years have proven that meaningful and strategic relationships with suppliers across the tiers and categories are vital to a company’s survival and prosperity.

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Denver Networking Event

Arkestro

Whiskey Pairing Dinner for Procurement and Supply Chain Professionals  Stranahan’s Distillery Lounge 200 S Kalamath St, Denver, CO 80223 } Thursday, August 3, 2023 5:00 PM : Networking and Welcome Cocktails 6:00 PM : Distillery Tour 6:30 PM : Dinner and Discussion Arkestro cordially invites you to a private networking event and dinner in Denver’s downtown.

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How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

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How to Save Money through Suppliers without Sacrificing the Value they bring

HICX

With inflation hampering product sales and price rises, manufacturers have profits to protect. Many will react, as the sector has done for decades, by beating down suppliers on price. All this does though is bounce the problem around the supply chain. It drains suppliers of the resources they need to deliver vital enhancements—including supplies, information, and ideas—without which, brands are less competitive.

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[VIDEO] Finexio & JAGGAER Automate the AP Payments Process from End-to-End

Jaggaer

JAGGAER's latest news on procurement & sourcing. Read now: [VIDEO] Finexio & JAGGAER Automate the AP Payments Process from End-to-End.

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What do Scope 3 legislation, gas-guzzling cars being shipped to third-world countries and Olympian Michael Phelps admitting he pees in the pool have in common?

Procurement Insights

Okay, this could be a delicate conversation, so if you have a low tolerance regarding human bodily functions – like breathing clean air, turn away now. About the time my third cup of coffee was kicking in, I received an email from Reuters Events ‘ Grace Dearden about Scope 3 Reporting with Bayer , Seventh Generation and American Electric Power – that’s right, this post is Grace’s fault By the way, here is the link to info on the upcoming conference: [link] Regarding

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Outsourcing Spend Analysis: Pros, Cons, and Considerations

Empowering CPO

Introduction In the dynamic world of business, the secret to sustained growth and profitability often lies hidden in the details. Among these details, understanding and managing expenditure stands as a paramount factor. This is where the concept of spend analysis comes in. Spend analysis is a systematic process that involves the collection, cleansing, classification, and analysis of expenditure data with the goal of decreasing procurement costs, improving efficiency, and monitoring compliance.

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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How to streamline and enhance critical F&A functions with generative AI

IBM Supply Chain Blog

Imagine the future of Finance and Accounting (F&A). In this future, your F&A function is cutting edge. Perhaps you are using a next-gen Enterprise Resource Planning (ERP) system and an unmatched F&A planning platform that delivers advanced predictive analytics. You may have also deployed the latest cloud-native innovations and improved your operating expenses in the process.

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CPO Rising Listicle: Reduce Procurement Fraud in Five Steps

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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The business value of operating core insurance solutions on the cloud

IBM Supply Chain Blog

Key business challenges facing life insurers For several years now, life insurers have been struggling to manage profitability as they face a combination of increasing costs (due to a variety of factors that include inflation, policyholder longevity leading to longer healthcare and annuity payout streams, and the cost of maintaining legacy systems), the need to comply with an increasing regulatory burden, and earning low or negative returns on investments.

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Biden-Harris Administration Shares Plans to Strengthen U.S. Semiconductor Sector

Supply Chain Brain

The Department of Commerce plans on distributing over $50 billion in funds to semiconductor projects in the U.S., including $39 billion for semiconductor manufacturing incentives.

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Procurement Is Navigating a Tech Tsunami (and It’s Upending How You Work)

Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.