Tue.May 23, 2023

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Bullwhip Effect — Everything About Supply Chain

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Bullwhip Effect — Everything About Supply Chain Bullwhip effect can disrupt your supply chain and you must consider yourself lucky if you still have not experienced this. However, what is it? In this article, we will define what the bullwhip effect is.

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Turning hybrid cloud security into a profit center

IBM Supply Chain Blog

As more enterprises move to hybrid cloud environments, hybrid cloud security has become imperative to business growth. According to a 2021 study by the IBM Institute for Business Value (IBV), 80% of executives expected their organizations to operate more than 10 distinct clouds by 2023, up from eight in 2020. “The scale of most enterprise hybrid cloud deployments is so vast and penetrates so deeply that the need for an all-in security culture is absolute,” says Shue-Jane Thompson, ma

Data 101
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Chipotle prepares national rollout of RFID for food traceability

Supply Chain Dive

The restaurant chain is expanding its use of the technology to track ingredients from suppliers in real-time.

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Talking Supply Chain: Getting healthy with the supply chain

SCMR (Supply Chain Management Review)

Supply chains are designed to move goods from point A to point B, and that is certainly true for those that move health care goods through the supply chain.

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Rethinking Supply Chains for Greater Efficiency, Resiliency, and Sustainability

Supply Chains have 3 key priorities: building resiliency, reducing costs and driving ESG performance. Read the new GEP-sponsored report by Harvard Business Review Analytic Services for strategies and digital solutions to achieve these goals.

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Configure an IBM Cloud Code Engine application to use custom domains

IBM Supply Chain Blog

IBM Cloud Code Engine is a fully managed, serverless platform that runs your containerized workloads, including web apps, microservices, event-driven functions or batch jobs. Code Engine even builds container images for you from your source code. All these workloads can seamlessly work together because they are all hosted within the same Kubernetes infrastructure.

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AI opens new frontier in supply chain planning

Supply Chain Dive

The pandemic showed that forecasting is more important — and difficult — than ever.

More Trending

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Group Purchasing and Indirect Spend: a Fairy-Tale Romance

Una

Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. By Hugo Britt | May 23, 2023 Search Welcome to Story Time with Una , a not-so-regular series that offers a fresh, fun take on various topics impacting procurement.

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CEO outlook: Optimism, and caution, pave the road ahead

SCMR (Supply Chain Management Review)

A Boston Consulting Group survey finds CEOs generally optimistic, but focused on executing strategic cost-cutting that leaves their businesses poised for success.

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Lululemon inks multiyear partnership to recycle nylon, polyester

Supply Chain Dive

The deal will allow the activewear brand to scale its circular efforts through textile-to-textile recycling.

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IBM Cloud releases 2023 IBM Cloud for Financial Services Agreed-Upon Procedures (AUP) Report

IBM Supply Chain Blog

IBM Cloud completed its 2023 independent review of IBM Cloud services and processes. The review report demonstrates to its clients, partners and other interested parties that IBM Cloud services have implemented and adhere to the technical, administrative and physical control requirements of IBM Cloud Framework for Financial Services. What is the IBM Cloud Framework for Financial Services?

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Geopolitical & Regulatory Issues: The Path Forward in Supply Chain & Logistics

Speaker: Lisa Anderson, MBA, CSCP, CLTD - President of LMA Consulting Group, S&OP Expert, and Speaker

The world of supply chain and logistics has been plagued with volatility, disruptions, and increased regulations. Several issues are converging simultaneously, creating a precarious path forward. In this webinar, we will talk about the current status of the supply chain and what the successful and unsuccessful paths forward will look like. Join demand planning and SIOP expert Lisa Anderson for a riveting discussion evaluating the geopolitical landscape and looking at the bigger picture to create

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Boot Barn’s Kansas City distribution center provides relief for California facility

Supply Chain Dive

Receiving activity at the new center began in April, with outbound activity expected to occur this month.

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U.S. Companies Begin Providing Supply Chain Finance Program Details

Supply Chain Brain

PPG, LyondellBasell, Fluence Energy and Viatris were some of the first companies to disclose their supply chain financing data under the FASB's new rule.

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ContainerPort Group moves to 8-acre terminal in South Carolina

Supply Chain Dive

The North Charleston site will help the drayage and logistics provider grow its dedicated services business, which launched last fall.

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BCG’s 10 Step Plan for Procurement Excellence

Procurement Software

Procurement excellence is a hot topic these days. If Procurement is to deliver more with less, it’s essential that we get the most out of the resources we do have. Part of this is ensuring that we operate effectively through our optimised stakeholder and supplier relationships. If we’re to deliver the increasingly challenging expectations of managing the supply base, we need to have executive level sponsors and world class management of our strategic suppliers.

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Future Focus: Constructing Unshakeable Stability in Your Manufacturing Supply Chain

Speaker: Jay Black, Senior Account Executive

We’ve all heard the buzzwords to describe new supply chain trends: resiliency, sustainability, AI, machine learning. But what do these really mean today? Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. Stability has become key in this post-COVID world, and will remain key moving forward.

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Walmart opens store-based fulfillment center in Arkansas

Supply Chain Dive

The facility will help the retailer boost order throughput via a proprietary storage and retrieval system.

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Finale Inventory is the Perfect Quickbooks Commerce Alternative

Finale Inventory

If you’re affected by the sunsetting of QuickBooks Commerce, Finale Inventory’s cost-effective software offers advanced inventory management, robust reporting, and excellent customer support. If you’re one of the many businesses affected by the sunsetting of QuickBooks Commerce, which was initially TradeGecko but renamed after it was acquired in 2020, don’t worry – there’s a reliable alternative.

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Everything You Need to Know About Procurement Solutions

Pipefy

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses. Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations.

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Overcoming Construction Struggles With Predictive Procurement

Arkestro

Resources / Blog / Overcoming Construction Struggles With Predictive Procurement Overcoming Construction Struggles With Predictive Procurement In years past, the construction industry lagged behind the pack when it came to predictive procurement and digital transformation. After all, procurement in construction faces many unique challenges and requirements, making it a historically difficult industry to manage effectively.

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Return to Success: Streamlining Returns in the Supply Chain for Enhanced Efficiency

Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association

In today's competitive business landscape, providing a seamless return experience and maintaining an efficient supply chain are critical to customer satisfaction and loyalty. Businesses need to leverage advanced tracking systems and data analytics to identify bottlenecks and improve supply chain visibility. Efficient return management stands as a crucial strategy for optimizing the supply chain.

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From Cybersecurity Threats to Revenue Loss: How to Manage (and Minimize) Risk with Procurement

Art of Procurement

Cybersecurity tops the list of risks that keep c-suite leaders and procurement practitioners up at night. Organizations face repeated and. The post From Cybersecurity Threats to Revenue Loss: How to Manage (and Minimize) Risk with Procurement appeared first on Art of Procurement.

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UPS Healthcare Opens New Logistics Facility in Singapore

Supply Chain Brain

The new 93,646-square-foot facility located in Tuas, Singapore will be able to store healthcare products in temperatures ranging from -176 degrees to 77 degrees Fahrenheit.

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AI opens new frontier in supply chain planning

Supply Chain Dive

The pandemic showed that forecasting is more important — and difficult — than ever.

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Apple Announces Multibillion-Dollar Component Deal with Broadcom

Supply Chain Brain

The deal will see the company develop 5G RF and wireless connectivity components for Apple while Broadcom will be able to invest in more automation projects.

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Putting the ‘Tech’ in Spend Management Techniques

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

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From Procurement to Supply Chain Tech CMO – Sarah Scudder from Sourceday

The Procuretech Podcast

Today on The Procuretech Podcast, we welcome Sarah Scudder, Chief Marketing Officer of SourceDay. They're a Texas-based supply chain software company. Sarah previously appeared on the show way back in Series 1. SourceDay's mission is to ensure that manufacturing companies always get their parts on time. I can relate to this mission, having been a direct materials buyer in the automotive industry before the 2008-09 recession.

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Life Science Companies Underutilize Real-Time Data but Invest in ESG Initiatives

Supply Chain Brain

Less than 50% of life science companies currently have access to real-time data while less than a third use this data to make real-time business decisions.

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Watch: CarParts.com and Takt: An E-Commerce Case Study

Supply Chain Brain

A case study about how Takt helped CarParts.com achieved visibility into its activities on the warehouse floor, and improve its operations in the process.

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Ocean Freight Rates Drop to 2019 Levels

Supply Chain Brain

With more capacity from shipbuilders on the way, shipping companies have limited leverage in what’s become a buyers’ container market.

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Disruption Reimagined: How to Conquer, Not Crumble, During Supply Chain Instability

Speaker: Robyn O’Brien - Founder of Sirona Ventures, Adjunct Professor at Rice University’s Business School, Supply Chain Optimization and Logistics Expert

Today’s supply chain leaders are required to stay strong in the face of disruption and not only accept it, but embrace it – after all, progress is made outside of your comfort zone. While it’s easier said than done, conquering the fear of instability in your supply chain is within your reach. Thanks to the advancement of technology and AI, we now have more tools and resources at our disposal than ever before to conquer, not crumble, in the face of uncertainty.

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New Business Models Require New Supply Chains

Supply Chain Brain

Digital capabilities are creating smarter and better-informed customers, both in the B2B and B2C spaces.