Fri.Dec 22, 2023

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Suez Canal at risk: What shippers should know to mitigate disruption

Supply Chain Dive

Using alternative routes like the Cape of Good Hope not only means longer transit times but higher freight costs. Here’s what shipping experts had to say.

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Cleveland Clinic Climbs Atop Gartner’s Healthcare Supply Chain Top 25

SCMR (Supply Chain Management Review)

The Cleveland Clinic is the top healthcare supply chain according to Gartner, which also recognized the Mayo Clinic and Intermountain Health as Masters for their continued excellence.

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FedEx redesigns air network to boost speed, profits

Supply Chain Dive

The company’s “Tricolor” initiative aims to serve e-commerce growth and shifting volume mix.

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U.S. Launches Semiconductor Supply Chain Review Due to China Concerns

Supply Chain Brain

The survey aims to identify how American companies are sourcing legacy chips as the country looks to award almost $40 billion in subsidies for semiconductor chip manufacturing.

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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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The Intelligent IBP Manifesto – key principles for a new planning paradigm

Supply Chain Trend

We’ve entered an AI era where 76% of work can be augmented or automated. The IBP paradigm has hardly changed for 30 years, the decision needle has not moved enough. However, only 3% of companies apply automated execution and 7% autonomous end to end planning. 2% of managers apply best practice decision methods. Hardly a recipe for improving planning & decision making.

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Capital Product Partners Finalizes $3B Acquisition of 11 LNG Vessels

Supply Chain Brain

Capital Product Partners entered into an umbrella agreement with Capital Maritime & Trading Corp. and Capital GP on November 13, 2023 to acquire 11 LNG vessels from Capital Maritime.

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Gebrüder Weiss Opens Third Australian Location

Supply Chain Brain

The company said that it is planning to open additional locations in northern and western Australia in order to provide “blanket coverage” for the entire continent.

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What’s The Cure For Solution Map Migraine?

Procurement Insights

Click the Image Below To Watch the Video Behind your words, Kate Vitasek , you have indirectly hit on the main reason why most procurement digital transformation outcomes disappoint CPOs. Here is an excerpt from the article “Why it’s time for service provider leadership to step out from behind their organizations’ logos” – [link] “Instead of company names, we should know the names of the people behind each one.

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Wolverine Worldwide appoints chief supply chain officer

Supply Chain Dive

In the newly created role, Bishu Jayaram will be responsible for the footwear company’s sourcing, distribution and logistics.

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Is “Too Good To Go” a Procurement Solution App, Environmental Service, Supply Chain & Logistics Provider, or Market Intelligence Company?

Procurement Insights

EDITOR’S NOTE: I am going to share the following post with you. After reading it, tell me which one of the four options in the title of today’s post applies (see poll below). Sam Kashani, VP, Global Operations – FMCG at Too Good To Go Exciting news – Apple names Too Good To Go as one of the best apps in the world! We’re honoured to be named as Winner in the ‘2023 Cultural Impact’ category at the prestigious annual Apple App Store Awards.

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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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Port of Oakland cargo volumes fell 10% YoY in November

Supply Chain Dive

Despite the decline, loaded import containers processed at the port rose 4% to 71,258 TEUs.

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Days Sales Outstanding: What Is It and How To Calculate It

Planergy

What's Planergy? Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy.

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Best of 2023: CPO Rising Listicle — Six Recommendations to Mitigate Supplier Risk

CPO Rising

Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2023 articles as we reflect on the year and prepare for the new year ahead. Fridays (in 2023) means that it’s time for another CPO Rising Listicle.

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