Fri.Jun 02, 2023

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Supply Chain Weekly Wrap-Up 05/26/2023-06/01/2023

All Things Supply Chain

The US and Taiwan announce new Trade deal The US and Taiwan signed a trade deal under the US-Taiwan Initiative on 21st Century Trade, marking the first agreement under this…

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10 ChatGPT Negotiation Prompts — Everything You Should Know

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter 10 ChatGPT Negotiation Prompts — Everything You Should Know ChatGPT can help negotiation professionals in a lot of ways, but how? In this article, we will discuss the role of ChatGPT in negotiation. Additionally, we will tell you some of the ChatGPT prompts that can help negotiation professionals in their field.

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Chocolate maker to streamline warehousing, transportation in cost savings push

Supply Chain Dive

Rocky Mountain Chocolate Factory's planned measures include exiting now-unnecessary storage facilities and outsourcing its last mile fulfillment needs.

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Sustainability Statistics 2023

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Sustainability Statistics 2023 — 20 Key Figures Technological advancements here and there. That’s the common trend nowadays as people are increasingly achieving their feat in various fields. However, does humankind ever look back to where it started?

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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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Labor disruptions throughout West Coast ports sow uncertainty

Supply Chain Dive

Five ports in California and Washington experienced issues Friday as terminal jobs went unfilled. Stakeholders are warning ripple effects could be felt in the coming days.

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Modernizing child support enforcement with IBM and AWS

IBM Supply Chain Blog

With 68% of child support enforcement (CSE) systems aging , most state agencies are currently modernizing them or preparing to modernize. More than 20% of families and children are supported by these systems, and with the current constituents of these systems becoming more consumer technology-centric, the use of antiquated technology systems is archaic and unsustainable.

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A Guide To Understanding Procurement Analytics

Procurement Freelancers

Businesses are under continual pressure to find ways to enhance their processes. This is a… The post A Guide To Understanding Procurement Analytics first appeared on Procurement Blog | Procurement & Supply Chain News.

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5 ways to drive sustainability in procurement

Supply Chain Dive

The majority of a company’s emissions stems from their suppliers. Here’s how to work with them toward a greener future.

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Aptean Acquires TOTALogistix

Supply Chain Brain

TOTALogistix will give Aptean access to its transportation management systems solutions, allowing the company to expand its supply chain offerings.

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Ikea stores owner Ingka acquires supply chain software firm

Supply Chain Dive

The largest owner of Ikea stores purchased Made4Net as the company seeks to modernize its omnichannel operations.

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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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Center for Post Carbon Logistics Appoints Sustainable Logistics Fellow for Sail Freight

Supply Chain Brain

Vogel's mission is expanding and strengthening the logistical backbone of a sustainable sail freight network of distribution, storage, transport, and fulfillment services.

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Walmart opts for paper mailers to cut down e-commerce packaging waste

Supply Chain Dive

The retail giant is also adding technology in about half of its fulfillment network to reduce the need for filler by 60%.

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Slowdown in Retail Spending Reflected in Macy’s Revised Forecast

Supply Chain Brain

Demand for apparel and accessories is declining, and Macy’s cut back its full-year outlook on sales and profits June 1.

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Unwrapping the EU Packaging and Packaging Waste Directive: Embracing Sustainable Packaging in a Circular Economy

SupplyShift

World Environment Day this year, under the theme “ Beat Plastic Pollution ,” emphasizes the urgent need for businesses to critically examine their environmental footprint. With a particular focus on plastic pollution and packaging waste , this call to action is not just ethically driven, but also mandated by legislative acts like the EU Packaging and Packaging Waste Directive (PPWD), which will become an EU-wide binding rule known as the Packaging and Packaging Waste Regulation (PPW

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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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Made4net Acquired by Ingka Group

Supply Chain Brain

Made4net will continue to operate as an independent subsidiary of Ingka while CEO Duff Davidson will remain on the company's leadership team.

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CPO Rising Listicle: Five Reasons to Attend the CPO Rising Executive Roundtable

CPO Rising

Fridays (in 2023) means that it’s time for another CPO Rising Listicle. Procurement professionals have many compelling reasons to attend the Ardent Partners and CPO Rising Executive Roundtable Event at the prestigious Harvard Club in Boston on June 13. Here are: Five Reasons to Attend the CPO Rising Executive Roundtable 1.

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White Label World Expo Showcasing in NYC this August

Supply Chain Brain

White Label World Expo is the leading event for professional online sellers to meet cutting edge white label goods suppliers.

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Don’t Bite The Invisible Hand That Feeds You!

Procurement Insights

What is the biggest challenge food industry giants like Tyson Foods face regarding supply and demand? Kelly Barner ‘s article on the “invisible hand” is a great read, and it inspired me to write the following comment: First, you nicely simplified the situation’s complexity into bite-sized morsels of insight. I want to add another element to the discussion as it speaks to supply abundance.

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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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Accelerating AI & Innovation: the future of banking depends on core modernization

IBM Supply Chain Blog

In the rapidly evolving landscape of financial services, embracing AI and digital innovation at scale has become imperative for banks to stay competitive. With the power of AI and machine learning, financial institutions can leverage predictive analytics, anomaly detection and shared learning models to enhance system stability, detect fraud and drive superior customer-centric experiences.