Mon.Aug 28, 2023

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357: Leverage the Power of Shipping Intelligence, with Reveel

Let's Talk Supply Chain

Today I’m joined by Reveel, a forward-thinking digital platform that is on a mission to level the playing field with innovative shipping intelligence technology that gives businesses control over their parcel shipping expenses. Reveel is the leading Parcel Shipping Intelligence Platform that enables companies to level the playing field with FedEx and UPS.

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Generative AI, Robotics and Automation: Supply Chain Friends or Foes?

SCMR (Supply Chain Management Review)

Supply chain leaders should consider the potential benefits of generative AI, robotics, and automation in supply chain management while being mindful of the implications for their teams.

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A New Approach to IBP Decisions during Crises

Supply Chain Trend

PREVIEW Niels van Hove writes that the limitations of the traditional Integrated Business Planning process are severely magnified during periods of significant disruption, which to many of us seems like the new normal. He argues that the standard meeting-and-decision schedule cannot provide timely strategic responses to disruption, as clearly evidenced by organizational steps during COVID.

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Indian PM Urges Critical Minerals Leaders to View Control as a “Global Responsibility”

Supply Chain Brain

Modi added that India could build an efficient and reliable supply chain in comparison to pre-COVID-19 supplies that “broke down” when the world needed them most.

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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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Zivio: Vendor Analysis, 2023 Update — Services sourcing solution overview, competitors, tech selection tips, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis Update, we give an updated overview of Zivio, a solution that helps organizations (buying organizations and MSPs) manage sourcing for complex services categories, such as legal, marketing or facilities management. Since we covered Zivio in 2020, Zivio has enhanced its core capabilities and introduced new features.

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Sugar Heads Toward Two-Month High on Concern Over Indian Exports

Supply Chain Brain

India has recently ramped up restrictions on rice exports as the nation tackles rising food costs before an election in 2024, prompting speculation about which commodity might be next.

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More Trending

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Trade Rep: China’s Rare Earths Dominance Can Lead to U.S. Vulnerability

Supply Chain Brain

U.S. Trade Representative Katherine Tai said that the U.S. is not where it wants to be in terms of supply chains and its reliance on China.

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SIEM and threat intelligence: Stay current on trending threats

IBM Supply Chain Blog

With the average c ost of a data breach soaring to an all-time high at USD $4.45 million dollars in 2023, organizations face an ever-increasing array of cybersecurity threats. These threats can range from ransomware attacks to phishing campaigns and insider threats, potentially resulting in data breaches. As cybercriminals become more sophisticated and their tactics more varied, it’s essential for businesses to adopt advanced security measures to protect their sensitive data and digital as

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Saudi Arabia Planning to Build 59 Logistics Centers by 2030

Supply Chain Brain

The Master Logistics Center Plan details the construction of 59 centers across the Kingdom that have a total area exceeding 1.07 billion square feet.

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Hershey to close Dot’s Pretzels factory

Supply Chain Dive

The company says the elimination of the North Dakota plant will translate to efficiencies across its manufacturing network.

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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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How a Five-Year-Old Company Helped 100-Year-Old Hostess Revolutionize Its Warehousing and Data Processes

Supply Chain Brain

Hostess has teamed up with Promethium to increase the accuracy and speed of data available regarding movement of goods in its warehouse.

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Guess aims to shrink inventories by 10% this year

Supply Chain Dive

The apparel brand is cutting stock levels as its supply chain speeds up, and as new planning and allocating systems come online.

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The Ripple Effect of Yellow’s Demise on the Supply Chain Industry

Supply Chain Brain

The financial collapse of Yellow, the third-largest less-than-truckload carrier in the U.S., will incur some challenges in the transportation world that people might not have considered.

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CH Robinson optimizes with tech, reducing costs for shippers, CEO says

Supply Chain Dive

The brokerage reported productivity gains amid downsizing, getting closer to achieving a long-term goal.

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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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American Airlines Fined $4.1M by DOT Over Tarmac Delays

Supply Chain Brain

Half of the $4.1 million will be credited to the airline to provide compensation for the almost 6,000 passengers impacted by the delays.

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Your shipping choices can protect endangered whales and reduce air pollution

Supply Chain Dive

Sustainable shipping programs help companies protect endangered whales and reduce air pollution.

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Want to Keep Good ESG Data? Foster its Source

HICX

By Costas Xyloyiannis, CEO of HICX Where we really should turn the spotlight is towards the experience suppliers receive as they serve big manufacturing brands. What’s clear from Deloitte’s Global Chief Procurement Officer Survey 2023 is that environmental and social governance (ESG) is now firmly on the corporate agenda. This year, it leapt right up the priority list, from seventh place to second.

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Watch: Enabling International E-Commerce Through Technology

Supply Chain Brain

There’s a slowdown in domestic e-commerce, and brands that are ready and able to service international consumers with a premium experience have been able to offset some of that trend, says Ahmed Naiem, chief commercial officer with ESW.

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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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Data-driven inventory management: the secret to business success

EazyStock

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands data-driven decision making. When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels. When combined with manual inventory management processes, you increase the risk of human errors, which can culminate in stockouts and overstocking.

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Forget BATNA: Negotiate to Win

Negotiations Ninja

Matthias Schranner spent 14 years as a hostage negotiator for the German police before transitioning to becoming a consultant. As a hostage negotiator, you have to play to win because someone’s life depends on it. They have to reach an agreement, or the hostage dies.

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BUY the Book, Leave a Review, Claim your 30-minute Industry Analyst Zoom call

Procurement Insights

Procurement is at a crossroads – perhaps more today than at any other time in the past. There is no doubt that technology has a role to play. However, leveraging it to achieve the desired and expected outcomes remains a challenge based on 40 years of high-tech experience and expertise and almost as long in procurement. A Deloitte Global Survey is telling in what it reveals about CPO satisfaction with their digital transformation initiatives.

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JAGGAER and Chemwatch to Deliver Industry-Leading Chemicals Search and Management Solution

Jaggaer

An agreement has been signed to make corporate procurement even more sustainable: JAGGAER technology is now integrated with Open-es, the digital platform that connects companies, banks, associations, and institutions in a collaborative ecosystem, supporting development and growth on the dimensions of sustainability.

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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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Leveraging user-generated social media content with text-mining examples

IBM Supply Chain Blog

With nearly 5 billion users worldwide—more than 60% of the global population —social media platforms have become a vast source of data that businesses can leverage for improved customer satisfaction, better marketing strategies and faster overall business growth. Manually processing data at that scale, however, can prove prohibitively costly and time-consuming.

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Which is better – a GPO or a purchasing cooperative, or is there a third alternative?

Procurement Insights

This post by Virginia Taylor had me at MRO. In the late 90s and early 2000s, the government’s Scientific Research & Experimental Development program (SR&ED) funded my development of an algorithm-based online platform to procure MRO parts to support the DND’s national IT infrastructure. The NYCTA used the same solution to procure MRO parts across the five boroughs.

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How Macmillan Publishers authored success using IBM Cognos Analytics

IBM Supply Chain Blog

Macmillan Publishers is a global publishing company and one of the “Big Five” English language publishers. If you’re a reader, chances are good you’ve read a book from Macmillan. They published many perennial favorites including Kristin Hannah’s The Nightingale , Bill Martin’s Brown Bear, Brown Bear, what do you see?

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CPO Rising 2023: Procurement’s Capabilities in 2023

CPO Rising

Today, we feature our ongoing coverage of this year’s 18th-annual CPO-themed report, where my team and I continue our nearly two-decade-long dialogue with chief procurement officers (CPOs) and other procurement leaders.

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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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A beginner’s guide to automation and AIOps

IBM Supply Chain Blog

If you’re ready to expand—or even start—your automation and AIOps strategy, you’ve come to the right place. This blog post is ripe with practical next steps that you can use to better understand, help persuade and begin to implement AIOps within your organization. The case for infusing artificial intelligence (AI) into your IT operations is compelling, with tangible benefits and strategic use cases.

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Just the Facts: The Procurement Industry

Arkestro

Resources / Infographics / Just the Facts: The Procurement Industry Just the Facts: The Procurement Industry The percentage of spend under management of the procurement department at the average enterprise. Nine in 10 CPO’s stated they should be doing more with the resources they have in place today and their overall performance should be better.

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Defining Predictive Procurement Orchestration (PPO)

Arkestro

Resources / Infographics / Defining Predictive Procurement Orchestration (PPO) Defining Predictive Procurement Orchestration (PPO) PPO is the latest evolution of digital procurement; it represents the true digital transformation of procurement as it leverages technology to do things that were previously impossible. But, how did we get here? The Digital Era 1996 – 2010 Procurement on the Web.