Tue.Sep 19, 2023

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Yang Ming Accused of Profiteering During Pandemic by Bed Bath & Beyond

Supply Chain Brain

Current law does not allow the FMC to enforce federal anti-trust laws against foreign-owned ocean carriers — which covers all major ones.

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3 Misconceptions Holding Back Supply Chain Planning Technology Initiatives

SCMR (Supply Chain Management Review)

By identifying friction points and eliminating them so that planners do not perceive new tools as a risk to their job performance, leaders will develop trust among their teams that will lead to greater adoption.

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Protecting your supply chain against catastrophic events

Spend Matters

In our ever-increasingly connected world and the “hyper-globalized” supply chains that keep it running, a natural disaster tends to have widespread effects well beyond ground zero. While the local impact to humans, property and the wider ecosystem caused by floods, fires and other catastrophic events can be devastating, the ripple effects can reach across the globe and affect business everywhere.

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Drought Restrictions in Panama Canal to Continue Into 2024

Supply Chain Brain

The daily limits have contributed to a backlog of 116 vessels waiting to cross, well above normal, but below the more than 200 ships that were stuck last month.

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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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Why we always perform a ‘health check’ as part of our sales cycle

Spend Matters

Find out how Spend Matters holistically helps Solution Providers >> I don’t often get to ‘take to the digital boards’ of Spend Matters these days anymore, but a snarky-ish post I made on LinkedIn has led to so much public and private reaction and conversation (a month later!) that I felt obligated to dive deeper. Here’s the post I made: On the surface, it seems like harmless fun, right?

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AI code-generation software: What it is and how it works

IBM Supply Chain Blog

Using generative artificial intelligence (AI) solutions to produce computer code helps streamline the software development process and makes it easier for developers of all skill levels to write code. The user enters a text prompt describing what the code should do, and the generative AI code development tool automatically creates the code. It can also modernize legacy code and translate code from one programming language to another.

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Buying APM was a good decision (so is getting rid of it)

IBM Supply Chain Blog

For a long time, there wasn’t a good standard definition of observability that encompassed organizational needs while keeping the spirit of IT monitoring intact. Eventually, the concept of “Observability = Metrics + Traces + Logs” became the de facto definition. That’s nice, but to understand what observability should be , you must consider the characteristics of modern applications: Changes in how they’re developed, deployed and operated The blurring of lines betwe

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Port of Long Beach cargo volumes dip 15% in August

Supply Chain Dive

Despite the year-over-year declines, port officials say total TEUs handled so far this year are in line with pre-pandemic figures.

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Observing Camunda environments with IBM Instana Business Monitoring

IBM Supply Chain Blog

Organizations today struggle to detect, identify and act on business operations incidents. The gap between business and IT continues to grow, leaving orgs unable to link IT outages to business impact. Site reliability engineers (SREs) want to understand business impact to better prioritize their work but don’t have a way of monitoring business KPIs.

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DHL eCommerce opens consolidated distribution center near CVG airport

Supply Chain Dive

The $74 million facility is part of the company’s five-year growth plan as it looks to automate its U.S. facilities and increase its network footprint.

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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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Data science vs data analytics: Unpacking the differences

IBM Supply Chain Blog

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Data science is an area of expertise that combines many disciplines such as mathematics, computer science, software engineering and statistics. It focuses on data collection and management of large-scale structured and unstructured data for various academic and business applications.

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Canadian National, Norfolk Southern add US-Canada intermodal service

Supply Chain Dive

The railroads’ joint venture will provide connections from Kansas City and Atlanta to several points across Canada beginning Oct. 2.

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Supplier Diversity: How to Achieve Impact at Scale

Art of Procurement

Supplier diversity is not just a box to tick on a corporate social responsibility checklist; it is a dynamic strategy. The post Supplier Diversity: How to Achieve Impact at Scale appeared first on Art of Procurement.

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More than 300 Apple suppliers have commited to clean energy

Supply Chain Dive

The device maker also released its first carbon-neutral devices as it closes on its goal of dramatically cutting emissions in its supply chain.

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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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What you need to know before implementing ESG into your business

SCMR (Supply Chain Management Review)

Use this helpful ESG checklist to identify the quantifiable controls that will enable you to solidify your organization’s ESG strategy and ultimately steer toward greater efficiencies.

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Amazon, Maersk renew biofuel shipping partnership

Supply Chain Dive

A new wrinkle in the logistics giants' ongoing efforts is the ability for Amazon to move goods on methanol-enabled ships.

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What is the difference between collaboration and negotiation, and can you do one without the other?

Procurement Insights

Here is an excellent post by Richard Brattle that inspires the above question. In an earlier article , I wrote that in the future, the best negotiators will be the best collaborators.” What do you think of his points 1 through 5? * Is a successful negotiation possible without collaboration in a complex acquisition? Do low-dollar, high-volume transactions, e.g., MRO and ORM Indirect spend, require as much collaboration as high-dollar, low-volume Direct spend?

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Clorox warns of product shortages a month after disclosing cyberattack

Supply Chain Dive

Officials for the household product maker expect to return to automated order processing starting next week, with plans to ramp up production over time.

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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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Why AI-Powered Procurement Must Be Part of Your Talent Strategy

Supply Chain Brain

At a time when procurement is having trouble attracting and retaining top talent, there’s an opportunity to invest in people, by adopting AI-powered tools.

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Port of Los Angeles sees the first volume increase in 13 months

Supply Chain Dive

Container volumes at the port were up 3% YoY in August.

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Let’s approach the components of supply chain resilience holistically

HICX

While inflation and economic pressures force pharmaceutical brands to watch their pennies, they will do well to not tackle cost efficiency as a solo issue. Brands require resilience in an array of areas and chief among these is compliance. Stringent regulations must be followed, although the supply chains from which they are navigated, are incredibly complex.

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Autonomous Sourcing Leads to Better Procurement Outcomes

Arkestro

Resources / Blog / Autonomous Sourcing Leads to Better Procurement Outcomes Autonomous Sourcing Leads to Better Procurement Outcomes The only ubiquitous thing about sourcing and procurement in 2023 is that there is no one-size-fits-all model for success. While certain industries continue to work around rising prices and supply disruptions, others are trying to take advantage of downward price pressures.

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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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Introducing The Supply Chain Reaction Game

Skill Dynamics

We’re excited to unveil our groundbreaking supply chain game, “ Supply Chain Reaction.” As the first of its kind, this first-person gaming experience sets a new standard for supply chain management training. Step into the role of a seasoned supply chain manager at a leading bicycle manufacturer, where your skills will be put to the ultimate test.

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Beyond Picking: Exploring the Secrets Behind Successful AI-Enabled Robotic Picking Deployments

Supply Chain Brain

In this transformative session, we will share insights gained from millions of production picks, including critical factors to consider when selecting robotic picking solutions for the most demanding warehouse environments.

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The path to business continuity

Procurement Foundry

Our panelists will discuss and evaluate to what extent Generative AI can be deployed for procurement. Their discussion will include the grounds necessary to be covered to utilize generative AI to its full potential, what to look out for, as well as use cases for supply continuity. Note : This webinar has been approved by the Institute for Supply Management® (ISM®) as an eligible educational activity for one (1) continuing education hour (CEH).

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Navigating the Carbon Reduction Plan Journey – A Junior Sustainability Consultant’s Experience

Value Match

Categories Best Practice Guides Bid Management Business Case Study Circular Economy Community Story Contract for Change Cyber Security Environment and Climate Equality and Inclusion Government Buying Standards House of Commons Committee of Public Accounts Human Rights and Modern Slavery Legislation National Audit Office Reports News Procurement Best Practice Procurement Policy Notes Procurement Strategy Public Sector Library Public Sector Policy Resourcing Responsible Organisational Management S

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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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H&M Starts Charging U.K. Shoppers for Online Returns

Supply Chain Brain

Rival retailers such as Zara, Boohoo, Uniqlo and Next already charge for online returns. Analysts said other retailers were likely to follow H&M in charging for returns.

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Navigating the Cost-Plus World of Supply Chains: A Balance Between Resilience, Sustainability and Co

SCMR (Supply Chain Management Review)

The research uncovers a notable surge in active approaches to mitigating supply chain risks — up to 38.5% in 2023 from 30% in 2022.

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Amazon to Hire 250,000 Logistics Workers for Holidays, Boost Hourly Wages

Supply Chain Brain

U.S. e-commerce sales are expected to surge 9.3% this year to $1.14 trillion, faster than overall retail spending growth.

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SaaS Contract Management: How To Get Your Software Stack Under Control

ContractSafe

Master SaaS contract management with our comprehensive guide. Learn the challenges, benefits, and best practices to streamline your operations efficiently.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.