Fri.Sep 01, 2023

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Supply Chain Weekly Wrap-Up 08/25/2023-08/31/2023

All Things Supply Chain

Shell to Shelve Plan to Shrink Its Carbon Footprint Shell Plc’s Chief Executive Officer, Wael Sawan, has terminated the company’s ambitious carbon offsets program, a plan to develop environmental projects…

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Types of cyberthreats

IBM Supply Chain Blog

In the simplest sense, a cybersecurity threat, or cyberthreat, is an indication that a hacker or malicious actor is attempting to gain unauthorized access to a network for the purpose of launching a cyberattack. Cyberthreats can range from the obvious, such as an email from a foreign potentate offering a small fortune if you’ll just provide your bank account number, to the deviously stealthy, such as a line of malicious code that sneaks past cyberdefenses and lives on the network for month

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Choosing The Ideal Freelance Procurement Contract Management Expert

Procurement Freelancers

The world of procurement is advancing rapidly, and the gig economy is at the forefront… The post Choosing The Ideal Freelance Procurement Contract Management Expert first appeared on Procurement Blog | Procurement & Supply Chain News.

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Six emerging supply chain software trends to watch

SCMR (Supply Chain Management Review)

As more companies work to make their global supply chains more resilient, strong, and efficient, supply chain management software continue to play an important role in those efforts.

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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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ILWU ratifies 6-year contract

Supply Chain Dive

Approval of the contract ends more than a year of uncertainty surrounding West Coast ports and fears of a possible strike.

Contract 101
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Stories from the front lines: Leadership accounts from the globe’s top supply chain executives

SCMR (Supply Chain Management Review)

“From Source to Sold” offers first-hand accounts of top executives on the decisions and thought processes they have followed in their careers to become global supply chain leaders.

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Predicting the next freight cycle: A shippers’ guide to planning transportation budgets

SCMR (Supply Chain Management Review)

When it comes to freight pricing, there’s no excuse for shippers or carriers to fly blind. The capability exists to understand the factors that drive pricing and monitor them in real time.

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Unfair Labor Practice Charges Filed Against GM and Stellantis by UAW

Supply Chain Brain

The charges claim that both companies refused to bargain in good faith over wages and benefits during contract negotiations held over the last six months.

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Mobile Robots Leading the Hype Battle with Drones

SCMR (Supply Chain Management Review)

Gartner has released a new Hype Cycle report, finding that mobile robots will outpace drones in market growth over the next few years.

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Parcel carrier Better Trucks expands into top Texas markets

Supply Chain Dive

The next-day and two-day delivery specialist has also bolstered its footprint through a partnership with GLS.

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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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Opening the “Black Box”: How to make AI explainable for supply chain planners

SCMR (Supply Chain Management Review)

AI has the potential to reshape supply chain planning in the future. However, AI needs to explain the decisions taken to gain the trust of planners. We show how this is done.

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Norfolk Southern says train backlog recovery may take weeks

Supply Chain Dive

The railroad reported that a defect in its vendor software caused its systems to become unresponsive.

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Environment for Shippers Starts to Show Deterioration

SCMR (Supply Chain Management Review)

FTR’s June Shippers Conditions Index has taken a step back, dropping in June from May’s 8.6 reading, although it still remains strongly positive for shippers.

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Hyundai and LG Planning to Spend an Additional $2B on Georgia Battery Plant

Supply Chain Brain

The two companies will spend a total of $7.59 billion on the plant and create 8,500 new jobs in Bryan County, Georgia.

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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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Generative AI: Gold rush or bust?

SCMR (Supply Chain Management Review)

As AI has swept across industries, the role it can play in supply chain transformation is still in the early stages of development.

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True Wisdom is Timeless: Why Lora Cecere’s Words Should Resonate At Any Age

Procurement Insights

The following is the comment I shared regarding Lora Cecere’s recent post on LinkedIn. Be sure to click the link to read it because it is pure gold. While not quite 70, at 64, I can relate to each point you shared. It should be put on a poster under the heading 9 Rules for A Successful Life At ANY AGE! Let’s face it: with the Quiet Quitting trend, the words “Don’t Retire Early” should resonate with everyone, and “Be Grateful” and “Be Open to the Ou

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Customer-centric supply chains by design

SCMR (Supply Chain Management Review)

Modeling with a customer focus allows businesses to meet today’s business demands.

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CPO Rising Listicle: Four ESG Issues CPOs Must Manage

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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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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The “longevity economy:” Seniors need innovative supply chains

SCMR (Supply Chain Management Review)

As the United States gets older, there is much potential in developing products for older populations.

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Price Negotiation: Everything You Need To Know

Shapiro Negotiations Institute

In the complex world of business, where deals and relationships are all intertwined, the ability to negotiate prices becomes a real necessity. It’s the power that creates deals, builds bridges, and leads the way to decisions that result in success. But what does price negotiation mean, and how can it be beneficial for your business? In this article, we’re going to discuss what price negotiation is, how to prepare to engage in it, and how it has the potential to help deals go smoothly

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Logistics data management: Focus on the foundation

SCMR (Supply Chain Management Review)

Information maturity leads to improved performance and customer loyalty.

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The data-driven supply chain raises new governance and security issues

SCMR (Supply Chain Management Review)

With every business now a data business, good data stewardship is a must.

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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?