Thu.Nov 16, 2023

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The Hidden Cost of Plug-in Hybrid Fleets

Supply Chain Brain

The savings as well environmental benefits of plug-in hybrid electric vehicles (PHEVs) vanish when fleet drivers fail to charge and become overly reliant on the gasoline engine.

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‘It is everywhere’: Rooting out forced labor from supply chains

Supply Chain Dive

Only half of surveyed procurement executives feel they are making effective progress on modern slavery risks in their sourcing, according to a recent Gartner report.

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Supply Chain Sustainability Pressures Persist

SCMR (Supply Chain Management Review)

Supply chain sustainability efforts continue to ramp up, but while companies are responding to global challenges, economic pressures are a different story.

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Supply Chain Post Mortem: Convoy

Art of Procurement

Convoy (2015 – 2023) was a freight brokerage that aimed to disrupt a high-volume, low-margin space by applying advanced automation. The post Supply Chain Post Mortem: Convoy appeared first on Art of Procurement.

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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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Eli Lilly to Build $2.1B Factory in Germany

Supply Chain Brain

Sources that spoke to Reuters said the project would create over 1,000 jobs when including sub-contractors as well as suppliers in the region.

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Kraft Heinz veteran joins Utz Brands as chief integrated supply chain officer

Supply Chain Dive

Mitchell Arends will oversee procurement, manufacturing, transportation, warehousing and planning as the snack food company looks to accelerate its optimization goals.

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US Postal Service plans 2024 rate hikes for Ground Advantage, other products

Supply Chain Dive

The price increases, which are slated to take effect on Jan. 21, come as the agency faces continued financial challenges.

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October retail sales are mixed

SCMR (Supply Chain Management Review)

Commerce reported that total October retail sales, at $705.0 billion, were off 0.1% compared to September and posted a 2.5% annual gain. NRF reported that October retail sales, which does not include automobile dealers, gasoline stations, and restaurants, increased 3.1% annually on an unadjusted basis on a three-month moving average through October, while posting a 3.7% annual gain through the first ten months of 2023.

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October Marked Seventh Straight Month of Increased Spare Capacity

Supply Chain Brain

The survey showed that the extent to which supplier capacity went underutilized was higher in October 2023 than it was in September and August.

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How Machine Learning is Reshaping Diverse Sectors with Practical Applications

SCMDOJO

When you think about machine learning, you might imagine robots learning as they interact with their surroundings. In numerous aspects, you’re not too far off. Within the specialized subject of artificial intelligence (AI), machine learning refers to the ability of systems and machines to learn from their experiences and get better without explicit programming.

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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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UAW Members Approve Deal with Mack Trucks

Supply Chain Brain

Mack Trucks said that the new contract will increase the average wages of UAW members by 36% over the life of the contract.

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US apprenticeships, still outside the mainstream, could help talent-hungry employers

Supply Chain Dive

High-churn jobs like truck drivers and retail salespeople stand to benefit from the U.K.'s approach, according to a recent report.

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Podcast | Autonomous Trucks Are Coming. Really.

Supply Chain Brain

Driverless trucks might be zipping down the roads sooner than you think.

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Port of Long Beach cargo volumes rise nearly 15% in October

Supply Chain Dive

The increase in volumes processed comes as the San Pedro Bay port works to recapture market share.

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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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Procurement: The True Hero of the Retail Holidays

Arkestro

Resources / Blog / Procurement: The True Hero of the Retail Holidays Procurement: The True Hero of the Retail Holidays It’s the most wonderful time of year! We are gathering with family and friends, celebrating over feasts and yummy treats, and best of all — we’re shopping. Black Friday is expected to be the busiest shopping day of the year in the U.S.

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Watch: A Final-Mile Maturity Model for Achieving the Perfect Order

Supply Chain Brain

Mike Graves, vice president product management with Pierbridge, a WiseTech Global company, describes the stages of a model that enables shippers to adjust to unexpected ups and downs of demand.

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Procurement 6 – November 17th, 2023

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – November 17th, 2023 appeared first on Art of Procurement.

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A Comprehensive Guide to Effective Supplier Risk Management

HICX

Learn all you need to know about supplier risk management with our comprehensive guide that’ll help ensure your organization identifies & manages risks. Benefits of SRM: Boost your organization by identifying and averting supplier risks for a resilient supply chain. Risk Assessment: Create a strategy to assess minor and major supplier risks. Leverage Technology: Enhance vendor risk management through real-time tracking, automation, and data analytics.

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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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AI-Empowered Procurement – Part 4: The Future of AI-Empowered Procurement

Art of Procurement

In this four-part special series, host Philip Ideson speaks with members of the LavenirAI team about the current and future. The post AI-Empowered Procurement – Part 4: The Future of AI-Empowered Procurement appeared first on Art of Procurement.

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We don’t need maps with logos – we need to see the expertise of the leaders behind them.

Procurement Insights

Here is my response to another thought-provoking LinkedIn post by Kelly Barner regarding the meteoric rise and sensational collapse of Convoy Inc. Why should you care about the Convoy failure? Because it is another example of how we put tech ahead of the essential experience and expertise of the leaders behind the service provider logos and the heavy price we pay for doing so.

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Securing Supply Chains Against Counterfeits in a Post-COVID World

Supply Chain Brain

The concept of supply chain security holds significant weight in today's global business landscape.

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Spend Matters Future 5 2023 – Why we chose ORO Labs

Spend Matters

Spend Matters is delighted to announce the 2023 roster for our ‘Future 5’ list. For the fifth year in a row, our analysts have highlighted five start-ups that excite them the most. This year, the five companies that have proven themselves as potential future trend setters are akirolabs, Calculum, dSilo, Mithra and ORO Labs. To warrant such attention, these vendors must have a product that is ideally 2 to 5 years old, is used by more than five customers and displays an innovative appl

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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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Poor Data Capture: The Silent Killer of Profitability in Logistics

Supply Chain Brain

The process of collecting logistics data from multiple sources such as barcodes, text and objects, and converting it all into an electronic format, can enable better outcomes for the business. But getting it wrong can have the opposite effect.

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Spend Matters Future 5 2023 — Introducing ORO Labs

Spend Matters

The procurement technology market is evolving rapidly and deploying the latest power that innovation can bring to support the changing and challenging needs of its customers. In an ever-crowded space it’s hard for those who rely on these platforms and systems to keep ahead of the latest developments. For that reason, Spend Matters analysts make it their mission to scour the market to find those new solution providers that can fulfil a very specialist role to fulfill the procurement needs of toda

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Creating a sustainable future with the experts of today and tomorrow

IBM Supply Chain Blog

When extreme weather strikes, it hits vulnerable populations the hardest. In the current global climate of stronger and more frequent storms, heat waves, droughts and floods, how do we build more positive environmental and social impact? We have a responsibility to apply our technological expertise, resources and ecosystem to help the world become more resilient to these environmental challenges.