Mon.May 15, 2023

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Can AI Help Warehouses Reduce the Impact of Labor Shortages?

All Things Supply Chain

The ongoing warehouse labor shortage is one of the biggest challenges facing the logistics industry today.

Logistics 219
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Sri Lanka Import and Export Statistics

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sri Lanka Import and Export Statistics Sri Lanka’s import and export activities decline steeply after its worst economic crisis in decades. This left the country with unsustainable debt and a severe balance of payments which will further stunt its economic growth in years.

Export 206
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How to Automate Your Quote Request Process Using RFQ Software

ProcurePort

How to Automate Quoting Process: Benefits of RFQ Software: IntroductionIn today’s fast-paced business environment, efficiency and speed are crucial for staying competitive. One area where companies often struggle to streamline operations is the quote request process. Manual handling of requests, communication with suppliers, and tracking responses can be time-consuming and prone to errors.

Suppliers 130
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How Supply Chains Can Harness the Power of AI and VR

Supply Chain Brain

Artificial intelligence, along with augmented and virtual reality tools, promises to help ease the strain on supply chains.

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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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Supply chain orchestration graduates from theory to leading practice

Supply Chain Dive

To respond to ongoing disruptions while meeting increasingly exacting customer demands, organizations should look to cloud-based supply chain orchestration platforms, with data-driven orchestration that enables agility and resilience.

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Technology and Transparency: How the Pharma Supply Chain Must Adapt

Supply Chain Brain

The pharmaceutical sector has come under ever-greater scrutiny in recent years, as more and more counterfeit products infiltrate legitimate supply chains.

More Trending

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Peloton Recalls 2m Bikes Over Injury Risk

Supply Chain Brain

The U.S. Consumer Product Safety Commission issued the recall on May 11, alerting owners to injury risks associated with bike model number PL-01.

Risk 105
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Leveraging partnerships, technology, and design to enhance water quality through the inaugural Aquality app

IBM Supply Chain Blog

Summary: Together with IBM, Deltares is working to enhance and expand the reach of its Aquality app, formerly called the Nitrate app. The tool can help farmers improve water quality, protect biodiversity, save on fertilizer costs and make farming practices more sustainable. The Aquality app leverages technologies such as machine learning to help communities detect nitrate pollution and other quality characteristics in water and is experimenting with artificial intelligence to provide feedback an

Quality 80
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Watch: How to Address Changing Demand in the Food Supply Chain

Supply Chain Brain

Oliver Hedgepeth, supply chain logistics professor at American Public University System, discusses how consumer tastes and purchasing patterns have changed, and how food suppliers must respond.

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Unlock productivity with advanced generative AI

IBM Supply Chain Blog

AI and automation are driving business transformation by empowering individuals to do work without expert knowledge of business processes and applications. Whether it’s an employee who knows what they need but doesn’t know how to do it, a knowledge worker who knows how to do the task but needs help doing it more efficiently, or a customer who wants to resolve an issue but struggles with self-help tools, artificial intelligence (AI) unlocks new levels of productivity by empowering ind

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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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Shippers should use benchmarking and analytics to maximize freight spend

Supply Chain Dive

Manage your network with confidence, with a clear view of how your freight costs compare to the market.

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Xelix: Vendor Analysis — AP intelligence solution overview, roadmap, competitors, analyst insights

Spend Matters

Categories: Accounts Payable , Invoicing Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Xelix and its solution for AP audit and invoice intelligence. Large organizations looking to address AP audit pain points, such as overpayments due to duplicates and wasted time caused by manual AP processes, use Xelix to automate processes while serving as an ‘AP control center’ that tackles payment risk and audit, vendor statement reconciliation and self-serve analytics.

Buyers 74
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Apparel makers must reform purchasing practices that hurt workers

Supply Chain Dive

When suppliers are squeezed on price, workers feel the greatest pain, writes a program manager at the NYU Stern Center for Business and Human Rights.

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IBM Tech Now: May 15, 2023

IBM Supply Chain Blog

​Welcome IBM Tech Now, our video web series featuring the latest and greatest news and announcements in the world of technology. Make sure you subscribe to our YouTube channel to be notified every time a new IBM Tech Now video is published. IBM Tech Now: Episode 76 We’re covering all the exciting watsonx news coming out of Think 2023 this week: Introducing watsonx: The future of AI for business Introducing the technology behind watsonx.ai, IBM’s AI and data platform for enterpr

Data 71
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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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Wayfair improves data analytics to trim last mile costs

Supply Chain Dive

The online furniture retailer has sharpened its process for determining whether items should be delivered in-house or via third parties.

Data 80
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Procurement pros: Manual processes cost billions

SCMR (Supply Chain Management Review)

Procurement professionals say the process remains manual, and billions of dollars in cost savings are being left behind as a result.

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Under Armour takes margin hit as it continues shedding inventory

Supply Chain Dive

The company is packing away a portion of its excess inventory to sell in the future.

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Press release: Achieving the promise of Industry 4.0

Skill Dynamics

Lack of core technical skills is stifling procurement and supply chain teams in the race to Industry 4.0 While nearly all supply chain and procurement leaders are making major investments in digital technologies to drive efficiency, one in four are yet to see any improvements London, 15.05.23: As digital transformation continues to reshape industries, supply chain, and procurement teams are feeling the pressure to compete in the race to Industry 4.0.

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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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Cisco to diversify supply chain with India manufacturing

Supply Chain Dive

The telecommunications firm said its new operation will support customer demand in the country and across the globe.

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Can You Negotiate Without a Relationship?

Negotiations Ninja

Romina Muhametaj is a marketing, sales, and negotiation expert who firmly believes in the power of building relationships to propel one’s career forward. Negotiating without a relationship will only get you so far. She emphasizes that there are three types of sales: Apples, oranges, and coconuts. Which do you prefer? Apples, oranges, or coconuts?

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Cost Savings vs. Value Creation: Balancing Procurement Goals

Empowering CPO

Introduction Welcome to a journey into the heart of successful businesses – the procurement function. Procurement is not just a corporate department; it is a critical business function that has the potential to influence an organization’s profitability, operational efficiency, and strategic success. At its core, procurement is about acquiring the goods and services a company needs to fulfill its business model.

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Key software considerations when evaluating logistics devices

Supply Chain Dive

There’s no one-size-fits-all software solution for logistics devices. Here’s why.

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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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Turvo and Denim Partnership Aims to Simplify Freight Payments

Supply Chain Brain

Denim’s freight payment tools will be integrated into Turvo’s TMS, making it easier for logistics companies to process factored and non-factored payments.

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How Laser Marking Can Streamline and Help Secure the Robotics Industry

The Network Effect

The post How Laser Marking Can Streamline and Help Secure the Robotics Industry appeared first on The Network Effect.

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Daimler Launching Medium-Duty Electric Truck Brand in the U.S.

Supply Chain Brain

Rizon will offer three model variants of its Class 4 and Class 5 trucks in the United States starting during the third quarter of 2023.

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Ivalua NOW 2023 – Dispatch #2: From PROcurement to PREcurement: Managing the Evolution

CPO Rising

The Ardent Partners analyst team descended on Nashville on May 3rd and 4th for the ivalua NOW 2023: Americas conference. This event was well attended and came on the heels of the company’s slightly larger EMEA conference which was held in Paris at the end of March.

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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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ProLogium to Build $5.6bn Battery Plant in France

Supply Chain Brain

Construction on the battery plant will begin during the second half of 2024 with operations set to commence sometime in 2026.

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Samsung Plans Chip Development Facility in Japan: Nikkei

Supply Chain Brain

The semiconductor chip development facility will be located in Yokohama and will begin operations in 2025.

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