Mon.Oct 16, 2023

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How Will 2023’s Peak Season Compare to Others?

Supply Chain Brain

If businesses fail to get rid of their supplies, they won’t be able to survive, because they will be forced to refinance all their debt at higher interest rates.

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This AI chatbot can help predict supply chain disruptions at farms

Supply Chain Dive

Cersi, a virtual analyst introduced by agtech startup Helios, can be used by large food companies to manage commodity risks in the face of climate change and market volatility.

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How Intelligent Automation Can Enable Sustainability in Manufacturing

Supply Chain Brain

Despite the many challenges involved, it’s becoming clear that brands who adapt to this new reality will be the ones that secure consumers’ loyalty.

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Top Qualities of a Procurement Specialist for You to Know

Procurement Freelancers

In today’s intricate corporate environment, procurement specialists play an ever-more-important role. An organization’s process of… The post Top Qualities of a Procurement Specialist for You to Know first appeared on Procurement Blog | Procurement & Supply Chain News.

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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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CEVA Logistics leverages Boston Dynamics robots for warehouse efficiency

Supply Chain Dive

The logistics company will use the robotics company's Stretch robot to unload hundreds of boxes per hour, helping its automotive, consumer retail and technology shippers.

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Positive Purchasing’s Capella: Vendor Analysis — Category Management solution, overview, competitors, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Positive Purchasing’s Capella, a category strategy management solution. Despite being a discipline at the center of many procurement discussions, many organizations fail to execute Category Management (CatMan) in the most efficient or effective way. Too often, steps are missed, or strategies are not applied because they reside in Powerpoints, Sharepoints, etc.

More Trending

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Six keys to achieving advanced container monitoring

IBM Supply Chain Blog

Organizations have increasingly turned to containerization to create more scalable, efficient and agile infrastructure. Containerization involves packaging software code with the libraries and dependencies required to run the code. This creates self-contained code that can be run on any infrastructure, such as desktop, on-premises IT or cloud-native.

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A chemical solution to the Scope 3 problem

Supply Chain Dive

Gabriele Unger, General Manager at chemical industry initiative Together for Sustainability (TfS), shares what the chemical sector is doing to tackle supply chain emissions in the run up to the COP28 climate summit this November.

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How to use foundation models and trusted governance to manage AI workflow risk

IBM Supply Chain Blog

Artificial intelligence (AI) adoption is still in its early stages. As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. Using AI for certain business tasks or without guardrails in place may also not align with an organization’s core values.

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What do supply chains want for the holidays? Maximum fulfillment at optimal sustainability

Supply Chain Dive

How to meet holiday delivery demands while keeping sustainability in the driver’s seat.

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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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Shedding light on AI bias with real world examples

IBM Supply Chain Blog

As companies increase their use of artificial intelligence (AI), people are questioning the extent to which human biases have made their way into AI systems. Examples of AI bias in the real world show us that when discriminatory data and algorithms are baked into AI models, the models deploy biases at scale and amplify the resulting negative effects.

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Sprouts Farmers Market opens Southern California distribution center

Supply Chain Dive

The Fullerton facility's location saves an estimated 725,000 miles from current delivery routes because of its closer proximity to stores.

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IBM Named a Leader in the 2023 Gartner Magic Quadrant for API Management

IBM Supply Chain Blog

APIs serve as essential connectors between the growing number of data sources and applications in companies of all sizes and in all industries. This means that businesses are relying on and creating more APIs than ever before to get the data they need to power their applications and experiences, and scale their operations. However, it’s difficult to manage APIs manually, which is why organizations are turning to API management solutions like IBM API Connect® to bring consistency and s

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The Role of Information Asymmetry in SaaS Negotiations

The Good Spending

This post will review a research study addressing the procurement challenges of the information asymmetry between buyers and suppliers in digital transformation. In this scenario, traditional procurement approaches relying on well-known information about suppliers become inadequate due to the lack of accessibility to crucial details. Information asymmetry The traditional buyer-supplier relationship is often complicated by an unequal distribution of information, hindering well-informed decision-m

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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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Challenges and risks associated with lack of real-time monitoring in SAP

IBM Supply Chain Blog

Real-time monitoring in SAP BTP lets users harness the power of proactive detection and transform their operations, eliminating problems related to sluggish performance, downtime and troubleshooting errors. Real-time monitoring provides for a much-improved user experience, supporting swift action against performance degradation and prompt resolution of issues.

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GE Appliances’ CoCREATE Facility is a Hub for Community Innovation

SCMR (Supply Chain Management Review)

GE Appliances has opened its CoCREATE space in Connecticut. The 67,000-square-foot is part factory, part showroom, part makerspace, and all community-focused.

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Want to Keep Good ESG Data? Foster its Source

HICX

How the suppliers that once fed the problem can contribute to its solution By Costas Xyloyiannis 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. Elevating ESG, however, is tough to deliver.

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Watch: The State of the Freight Market: What a Difference a Year Makes

Supply Chain Brain

The parcel and freight market has seen big changes in the dynamic between shippers and carriers over the past 12 months. Jason Smith, assistant vice president with U.S. Bank, explains.

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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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How To Simplify Your Contract Workflow With Contract Management Software

ContractSafe

A contract workflow is the structured process guiding a contract from its inception to its conclusion. This step-by-step procedure ensures all parties involved comprehend their roles, responsibilities, and the timeline for each stage.

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Maximizing ROI Through Composable Procurement: AppXtend Case Study

Procurement Insights

EDITOR’S NOTE: One thing that has been constant in all my years in this industry is that there are always “new” terms and acronyms popping up. Of course, “new” is subjective in that what is new to me may be old news to you and vice versa. For example, composable procurement has been showing up in articles with increasing frequency.

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Modern Slavery & Human Trafficking Training as a First Step to Change

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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365: Power Your Deliveries, with Onfleet

Let's Talk Supply Chain

 Today I’m joined by innovative last-mile tech company Onfleet , a company that is on a mission to make it easy for every retailer to offer fast, affordable, and delightful delivery to their customers. Onfleet is the preferred delivery management software for companies wanting to provide a superior delivery experience while maximizing efficiencies.

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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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A Tribute to the Late Roger Dawson

Negotiations Ninja

Roger Dawson was the founder of the Power Negotiation Institute, a prolific author, and one of the country’s top experts on the art of negotiating. In a recent episode of Negotiations Ninja, Roger’s wife, Gisela, joined me to share more about his life and the legacy he leaves behind.

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Ford Calls on UAW to Cease ‘Acrimonious’ Strike

Supply Chain Brain

Bill Ford warned October 16 that the longer the strikes last, the more it helps non-union competitors such as Toyota Motor Corp., Honda Motor Co. and Tesla Inc.

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10 everyday machine learning use cases

IBM Supply Chain Blog

Machine learning (ML)—the artificial intelligence (AI) subfield in which machines learn from datasets and past experiences by recognizing patterns and generating predictions—is a $21 billion global industry projected to become a $209 billion industry by 2029. Here are some real-world applications of machine learning that have become part of our everyday lives.

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U.K., Europe, Doing Little to Address Forced Labor in China’s Seafood Industry

Supply Chain Brain

While the U.S. government has taken some steps to block such imports, neither the British government nor the European Union has followed Washington’s lead.

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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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State of ePayables 2023: Paving the Way to a Smarter Future

CPO Rising

With the release of my 18th-annual Accounts Payable-themed report, my team and I continue our nearly two-decade-long dialogue with Accounts Payable (AP), Procure-to-Pay (P2P), and other finance leaders. The report captures the experience, performance, perspective, and intentions of a wide range of AP departments via the response of 190 AP and finance professionals.

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EU’s Carbon Price on Shipping Threatens Economic Growth, Southern Nations Say

Supply Chain Brain

Under a deal struck in 2022, shipping will be phased into the EU’s carbon market from January 1, starting with 40% of emissions for 2024 being covered.

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Near instant replication with highly available, redundant systems—across several miles

IBM Supply Chain Blog

LBaaS, VSI, VMwaaS, SAP, distributed databases, cloud storage volumes, cloud security— cloud computing brings a delicious alphabet soup of possibilities to the table when it comes to system architecture. Not just functional parity, the cloud also brings the opportunity for enterprises to evaluate complex new architectural offerings without investing in the infrastructure required.

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Rite Aid Files for Bankruptcy

Supply Chain Brain

Rite Aid is one of many drugstore chains dealing with lawsuits stemming from the deadly abuse of opioids in the United States.

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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.