Fri.Apr 21, 2023

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Supply Chain Weekly Wrap-Up 04/14/2023-04/20/2023

All Things Supply Chain

EU finalizes €43 Billion European Chips Act The European Union (EU) has finalized a €43 billion bid to increase domestic semiconductor production, in the wake of prolonged and ongoing disruption…

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CPKC inks intermodal deal with Schneider

Supply Chain Dive

The trucking company will provide service along the railroad's north-south corridor, which connects the U.S. and Mexico.

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Global supply chain health: Decoding the value of supply chain indices

SCMR (Supply Chain Management Review)

Supply chain indexes tell different stories based on the data they collect, but looking at them collectively can provide a more accurate assessment.

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IBM and Texas A&M AgriLife provide data, technology and expertise to farmers in need

IBM Supply Chain Blog

In Texas, 2022 was one of the driest years on record. With failed crops, low yields for farmers and diminished grazing for cattle, the Texas Department of Agriculture identified climate change as a potential threat to the state’s food supply. Smallholder farmers, particularly those in arid and drought-prone regions, struggle to manage their farms because they lack access to guidance on how much water to use for specific crops to ensure a good yield. “We’re in hills, so some are

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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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Only a Quarter of Suppliers Use Real-Time Tracking Tools to Manage Cargo

Supply Chain Brain

Just 25% of suppliers use real-time shipping visibility tools even though 73% of supply chain professionals say real-time shipment visibility is a “must-have” feature.

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The CFO: at the forefront of innovation

IBM Supply Chain Blog

Historically, the Chief Financial Officer (CFO) role had been strictly focused on accounting for financial information. These days, there’s a need — and even some pressure — for CFOs to evolve their scope and influence the innovation agenda within their enterprises. For starters, they can help prioritize and invest in it. It’s the season for the strategic and innovative CFO.

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On-demand delivery provider Frayt eyes large-scale shippers with $7M funding round

Supply Chain Dive

The company has already made progress in securing big-name customers like Bridgestone, Sherwin-Williams and Cargill.

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Essential Joint Transportation Management System (JTMS) Capabilities for Defense Organizations

The Network Effect

The post Essential Joint Transportation Management System (JTMS) Capabilities for Defense Organizations appeared first on The Network Effect.

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LIFTing the life of the bottom billion

SCMR (Supply Chain Management Review)

Understanding the competencies and practices that fuel growth could improve the success rate of micro and small business owners in Latin America.

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Fastenal makes headway on digital sales strategy

Supply Chain Dive

The fastener distributor is also seeing fulfillment and inventory rates improve.

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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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Diversifying Delivery Networks for Superior Customer Experiences

Let's Talk Supply Chain

Diversifying Delivery Networks for Superior Customer Experiences Retailers today are diversifying their delivery networks in order to better compete in last-mile delivery. Customers have come to expect fast, free, sustainable shipping and rate it as one of the most important aspects of their customer experience. Diversifying delivery networks creates logistics adaptability and resilience and allows retailers to achieve superior delivery experiences for their customers.

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What Is AI in Contract Management?

ContractSafe

You’ve probably heard of ChatGPT. It’s an AI language model that can answer questions, create blog posts, and even write code. And now, it’s taking over contract management…kind of.

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Supply Chain Enterprise Planning: Supply Chain Evolution in an Uncertain Environment

Supply Chain Brain

Global supply chain shifts and macro trends in the industry are creating opportunities to assess current operations and make strategic pivots, taking steps toward transformation to help prepare for future disruptions.

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How to Become a Carbon Neutral Company

Barkers Procurement

How to Become a Carbon Neutral Company – You’ve probably heard the term ‘carbon neutral’ or ‘carbon free’ to describe some companies, but what is a carbon neutral company? How do you become one? A carbon neutral company is a company that is removing the same amount of carbon dioxide from the atmosphere as it emits. This is to achieve net zero carbon emissions.

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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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[VIDEO] A Conversation with TealBook – The Season Finale

Jaggaer

The post [VIDEO] A Conversation with TealBook – The Season Finale appeared first on JAGGAER.

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Technology Round-Up — April 21, 2023

CPO Rising

CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.

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How IBM is innovating for a more sustainable future

IBM Supply Chain Blog

Over the past few years, sustainability pledges have emerged from nearly every major company. IBM® has had a bit of a head start: we’ve been focused on environmental conservation and sustainability for more than 50 years , operating our business pursuant to environmental leadership and minimizing our impact on the planet’s precious ecosystems.

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The EU’s Corporate Sustainability Reporting Directive explained

IBM Supply Chain Blog

The Corporate Sustainability Reporting Directive (CSRD) reached a provisional political agreement in June 2022, signaling it will take effect in January 2024 for all relevant companies. This move aims to achieve more complete and transparent sustainability reporting across the region. The new EU legislation is poised to impact approximately 50,000 companies, an indicator of the speed at which increased sustainability reporting requirements and standards are sweeping across all sectors.

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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