Wed.Jan 31, 2024

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The Outlook for Supply Chain Automation

Supply Chain Brain

Robotics and technology companies have doubled down on development of applications to support the supply chain, especially in the warehouse.

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Supply chain woes contribute to medical apparel supplier’s bankruptcy

Supply Chain Dive

Careismatic said that delays, high costs, rising competition and fast-falling demand after pandemic-driven highs created a liquidity crunch.

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2024 Warehouse Automation Buyer’s Guide

Supply Chain Brain

Want a guide for your warehouse automation journey? Download the 2024 Warehouse Automation Buyer’s Guide for Robotic Solutions now to compare prospective AMR companies, the technology they employ, and the overall effectiveness and functionality of each solution provided!

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Prewave: Vendor Analysis — SCRM solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Prewave, a solution built to reduce risks in supply chains. It offers a comprehensive risk assessment product that encompasses various risk dimensions, including operational risks (business continuity) and sustainability. Organizations must embed risk management in their practices as they navigate a business climate currently defined by increasing risk factors and disruptions, such as supply disruptions, rising costs and declining service l

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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 Digitization: What, How, and Why?

Supply Chain Brain

The continued application of artificial intelligence and machine learning to supply chain digitization efforts will ultimately enable the holy grail of the autonomous supply chain. How? Read on to find out.

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UPS considers sale of Coyote Logistics truckload brokerage

Supply Chain Dive

“Perhaps the business is worth more to someone else,” CEO Carol Tomé said on a Q4 earnings call.

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More Trending

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Stakeholder Collaboration Could Unlock Reverse Logistics Profitability

SCMR (Supply Chain Management Review)

As reverse logistics becomes a bigger focus for brands, collaboration between stakeholders is becoming a must.

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How AI Can Deliver a Better 3PL Customer Service Experience

Supply Chain Brain

How can 3PLs provide their clients with outsourced logistics support in an operating environment characterized by increasingly scarce labor, unexpected and often disruptive events, and information overload?

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Railroads target safety, service improvements to lure shippers in 2024

Supply Chain Dive

Boosting network efficiency is a key step in convincing shippers to shift their freight to intermodal, rail executives said.

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Getting the Most from Your Motive Power Batteries: The Benefits of Wireless Charging

Supply Chain Brain

Warehouse operators are constantly seeking to reduce costs. Today, power comprises 75% of an average material handling fleet’s operating costs. With ongoing labor challenges, higher demands on throughput, space at a premium, and a challenging macroeconomic environment, warehouse operators must adapt their power and energy management to win into the future.

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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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How can we find a balance between the AI threat and its benefits?

Procurement Insights

EDITOR’S NOTE: A few days ago, I shared a post on LinkedIn regarding Cando Rail & Terminals ‘ President & CEO Brian Cornick ‘s success with introducing AI into his organization. The resulting comment activity took a very interesting turn when I introduced Salesforce CEO Marc Benioff ‘s talk about not wanting to see an “AI Hiroshima” – [link].

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Mastering Middle- and Last Mile Delivery Through Fleet Diversification

Supply Chain Brain

With more consumers than ever making purchases online, last-mile delivery has become an increasingly complex link in the supply chain. Now, as consumer expectations, technology, and supply chain risk continue to change, many companies are finding that their last-mile strategies must also evolve.

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Understanding the Salaries in Supply Chain Management

SCMDOJO

Are you considering a career in supply chain management? Curious about the salaries to expect? Look no further! In this article, we will explore the wide range of salaries in supply chain management, from entry-level positions to executive roles for each region. Supply chain management is a rapidly growing industry. It plays a crucial role in ensuring the efficient movement of goods from production to consumption.

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China’s Manufacturing Industry Shrinks for Fourth Straight Month

Supply Chain Brain

The official Purchasing Managers' Index (PMI) score for China rose from 49.0 in December to 49.2 in January, signifying a fourth straight month of contracted manufacturing activity.

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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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Flexport eliminates even more jobs

Supply Chain Dive

The freight forwarder trimmed about 15% of its workforce as part of its cost reduction efforts.

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Me to We: Everyone Wins Through Supply Chain Synchronization

Supply Chain Brain

This ebook describes how a strong supply chain digitalization strategy encompasses enterprise solutions to gain operational control and real-time shop floor data, as well as multi-enterprise solutions to facilitate effective collaboration with external supply chain partners.

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3PL Outerspace to open Phoenix-area warehouse

Supply Chain Dive

The new facility will allow the company to split inventory in both the Eastern and Western U.S., providing faster and more affordable shipping.

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YE Digital, Fujitsu Offering Distribution Center Services in Japan

Supply Chain Brain

Under the deal, Fujitsu will provide Japanese businesses with its warehouse management system (WMS) services while YE Digital will offer its MMLogiStation warehouse automation tool to Japanese logistics companies.

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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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South Carolina Ports Authority cargo volumes dip 4% in December YoY

Supply Chain Dive

While YoY volumes are down, containers moved inland by rail are back up to pre-pandemic levels, according to a release from the port.

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Five Stops on a Road Map to the ‘Perfect Order’

Supply Chain Brain

Market volatility has eased somewhat relative to levels seen in the past three years, but the operational demands and customer expectations from an acceleration of omnichannel e-commerce – now around 20% of retail shipments and growing at ~10% annually – are here to stay.

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Top Tips for Successful Sourcing From Overseas Suppliers in 2024

Una

Top Tips for Successful Sourcing From Overseas Suppliers in 2024 Get valuable insights into communication and cultural awareness and explore tips for successfully sourcing from overseas suppliers this year. By Hugo Britt | February 1, 2024 Search Search Sourcing from overseas suppliers can be a complex and challenging process, especially considering factors like geopolitical climate, cultural differences, and communication barriers.

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Beyond Picking: Exploring the Secrets Behind Successful AI-Enabled Robotic Picking Deployments

Supply Chain Brain

Recent years have brought on a host of new challenges for manufacturing companies. Chief among these are a changing labor market, higher customer expectations, the rapid growth of e-commerce and strained capacity. For many companies, robotic picking, sorting and packing has emerged as a groundbreaking solution to their problems.

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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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HICX for Fraud Detection and Prevention

HICX

Fraud counts as one of those issues that will never go away, and one that demands ongoing attention to stay ahead of the ever-evolving tactics of the fraudsters. As Peter Smith comments, “A lot of it, frankly, comes down to poor data management practices and processes; and not keeping on top of who your suppliers are and making sure that all your suppliers are real companies.

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U.S. Department of Transportation Observes National Human Trafficking Prevention Month

Supply Chain Brain

Secretary Buttigieg announced the 2024 Combating Human Trafficking in Transportation Impact Award, which incentivizes individuals and organizations to think creatively about how to combat human trafficking in the transportation industry.

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Looking Beyond Price for Your Next Pallet Rack System

SCMR (Supply Chain Management Review)

Elevate your warehouse with durable racking.

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Unveiling the True Impact: FedEx and UPS 2024 Rate Increases

Supply Chain Brain

To delve deeper into the analysis and gain actionable insights, we encourage businesses to download our comprehensive guide. This resource equips them with the knowledge needed to navigate the complexities of the 2024 GRIs effectively and enhance their negotiation strategy.

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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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Technology Round-Up — January 31, 2024

CPO Rising

CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.

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Teamsters Union Settles Racial Discrimination Lawsuit for $2.9M

Supply Chain Brain

Thirteen former black and Hispanic employees filed a lawsuit against the union and its president, Sean O'Brien, alleging racial discrimination over their firings.

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Key Considerations for Effective Procurement Management

Procurement Freelancers

Strategic procurement many times determines whether or not an enterprise thrives today.

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FRA, DOT Finalizes Norfolk Southern's Participation in Close Call System

Supply Chain Brain

Under the agreement, NS employees in Georgia, Virginia and Indiana will be able to confidentially report unsafe events they experience while being protected from potential discipline from Norfolk Southern.

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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.