Supply Chain Weekly Wrap-Up 01/13/2023-01/19/2023
All Things Supply Chain
JANUARY 20, 2023
What China’s rise in COVID-19 cases mean for factories In the last few weeks, the Chinese government started to relax its grip on the zero-COVID policy.
Fri.Jan 20, 2023
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How climate change disrupts supply chains
Strategic Sourceror
JANUARY 20, 2023
Supply chain challenges have dominated international headlines, and much of the focus has been on the fallout from the COVID-19 pandemic and the lingering consequences of the public health crisis. However, climate change poses a more fundamental threat to global supply chains, as extreme weather events, sea-level rise, unpredictable weather patterns and new compliance regulations all conspire to restrict the ability of suppliers to move goods between markets.
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Trending Sources
Increased use of embargoes ‘a major concern’ for rail regulators
Supply Chain Dive
JANUARY 20, 2023
The Surface Transportation Board will closely monitor carriers’ use of traffic limits as Union Pacific faces backlash over traffic limits in the upper Midwest.
Smart warehousing solutions and what they could mean for your business
Strategic Sourceror
JANUARY 20, 2023
As suppliers increasingly look for ways to overcome operational challenges in their warehouses, some are beginning to leverage smart warehouse technology like automation and artificial intelligence to improve the productivity of their warehouse associates and enhance their processing efficiencies. Reflecting this trend, the global smart warehouse technology market is expected to surge over the next few years, reaching a valuation of $29 billion by 2028, according to data from KBV Research.
Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence
Advertiser: GEP
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
How Party City suppliers ‘reached their limits’ as it slipped toward bankruptcy
Supply Chain Dive
JANUARY 20, 2023
Tightened terms with suppliers after it fell behind on payments helped tip the retailer into Chapter 11. Now it needs its vendor base more than ever.
How supply chain advantage has helped Shein dominate cross border e-commerce and fashion
SCMR (Supply Chain Management Review)
JANUARY 20, 2023
The fashion company has leveraged its supply chain to offer the widest assortment, fastest speed and lowest prices to customers.
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More Trending
What's happening to the global market for medical supplies?
Strategic Sourceror
JANUARY 20, 2023
Medical equipment has been in short supply since the start of the COVID-19 pandemic. However, even as the public health crisis subsides, supply chain uncertainties persist, leading some manufacturers to reconsider some of their long-standing supplier relationships. US dependence on Chinese medical suppliers is overblown — but still real The United States has long been dependent on China for a range of medical supplies and equipment.
Top 4 Business Drivers for Investment in Procurement Transformation 2023
Zycus Cognitive Procurement
JANUARY 20, 2023
Procurement plays a critical role in the success of an organization and requires the right tools, strategy, and people to remain competitive. Disruptions are never going to end. It is an organization’s prerogative to remain proactive to stay ahead of the competition. At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain.
3 ways inflation is impacting global supply chains
Strategic Sourceror
JANUARY 20, 2023
High inflation has been one of the lingering consequences of the COVID-19 pandemic. According to the U.S. Department of Labor, the Consumer Price Index in November 2022 had increased 7.1% over the previous 12 months. Resurgent consumer demand, business closures, transportation disruptions and port congestion have all conspired to put pressure on suppliers and raise the cost of doing business.
Paperless Accounts Payable Best Practices
Zycus Cognitive Procurement
JANUARY 20, 2023
Paperless accounts payable systems are modern solutions that can help enterprises streamline their accounts payable (AP) processes and improve efficiency. With hundreds of thousands to millions of invoices to be processed every year, enterprises often employ dozens of accounts payable executives to do this job. However, even with partial automation in place, such as with OCR tools, a majority of the processing requires human intervention.
How to Modernize Manufacturing Without Losing Control
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
The solar market's overreliance on Chinese polysilicon is a serious problem
Strategic Sourceror
JANUARY 20, 2023
As demand for solar panels continues to increase, manufacturers' overreliance on China-produced polysilicon and other raw materials used in the production of solar panels could put the solar supply chain at serious risk. Geopolitical tensions between the United States and China and the lingering consequences of the COVID-19 pandemic have both caused serious disruptions in the market that have already had downstream consequences for stakeholders throughout the supply chain.
Electronic Signature Examples and Types: Sign a Contract in Seconds
ContractSafe
JANUARY 20, 2023
Remember when stationery was a status symbol?
Best of 2022: Procurement Experts on CPO Rising — Building Credibility for Indirect Procurement
CPO Rising
JANUARY 20, 2023
Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2022 articles as we reflect on the year and prepare for the new year ahead.
An Overall Guide To Procurement Consulting
Procurement Freelancers
JANUARY 20, 2023
Any firm should prioritise efficient procurement. Getting it properly is essential for enterprise organisations with… The post An Overall Guide To Procurement Consulting first appeared on Procurement Blog | Procurement & Supply Chain News.
How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform
Advertiser: GEP
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
Top 4 Business Drivers for Investment in Procurement Transformation 2023
Zycus Cognitive Procurement
JANUARY 20, 2023
Procurement plays a critical role in the success of an organization and requires the right tools, strategy, and people to remain competitive. Disruptions are never going to end. It is an organization’s prerogative to remain proactive to stay ahead of the competition. At its core, procurement transformation is all about managing the change aimed at driving continuous improvement in the supply chain.
Never Negotiate Against Yourself
Shapiro Negotiations Institute
JANUARY 20, 2023
The negotiating process might occasionally seem daunting since it demands so much time and focus. Maintaining your composure under these circumstances is crucial to avoid losing a contract. You may prevent negotiating against yourself by improving your bargaining abilities, which starts with proper training for these situations. Illustration by Storyset What Does It Mean to Negotiate Against Yourself?
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