Mon.Oct 30, 2023

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The 10 Most Needed Positions in the Global Supply Chain Today

All Things Supply Chain

The global supply chain is facing a labor shortage that has slowed down manufacturing and shipping times. As a result, prices continue to rise and economic stagnation has gotten worse.

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What is the Competitive Advantage of Your Business?

ProcurePort

Competitive advantage is what sets your business apart from competitors and can take various forms, including cost leadership, differentiation, focus, innovation, and service excellence. Effective procurement practices play a vital role in gaining a competitive advantage by reducing costs, sourcing unique materials, focusing on niche markets, driving innovation, and building strong supplier relationships.

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Plastic in Logistics: Friend or Foe?

Supply Chain Brain

The role of plastic in logistics cannot be boiled down to "friend or foe." Instead, plastic should be seen as a dynamic material that requires continuous evaluation and improvement.

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Webinar — The future five and the future of procurement

Spend Matters

Tomorrow October 31, 11:00 a.m. EST, the Spend Matters analyst team will host a webinar ‘ Shaping the Future of Procurement : An Inside Look at the 10th Annual Spend Matters 50/50 Lists.’ Compiling these lists has been tricky, but now the team can treat all attendees with a glimpse of how the future of procurement is shaping up. A major focus will be on the methodology behind how the analysts determine which companies are worth watching and knowing.

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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 Jobs Program for Adults with Autism Completes First Year

Supply Chain Brain

The program has been so successful, the company intends to expand it, adding more participants over the next 12 months.

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B2B omnichannel network design and inventory positioning

SCMR (Supply Chain Management Review)

The B2B foodservice distribution industry faces challenges in redesigning supply chain networks to accommodate increased complexity and flexibility without radically inflating costs.

More Trending

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2023 Warehouse/DC Operations Survey: Automating while upping performance

SCMR (Supply Chain Management Review)

This year’s survey found increasing levels of use for various automation and software technologies, while technology budgets held fairly steady. However, operations face continued challenges around labor scarcity, inadequate warehouse space, and the pressure to perform in line with customer expectations.

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How to incorporate ESG in your company’s value chain

Supply Chain Dive

With attention to companies’ environmental and social impacts on the rise, fully incorporating your value chain into your company’s ESG strategy can provide significant benefits.

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How IBM and AWS are partnering to deliver the promise of AI for business

IBM Supply Chain Blog

In today’s digital age where data stands as a prized asset, generative AI serves as the transformative tool to mine its potential. According to a survey by the MIT Sloan Management Review, nearly 85% of executives believe generative AI will enable their companies to obtain or sustain a competitive advantage. The global AI market is projected to grow to USD 190 billion by 2025, increasing at a compound annual growth rate (CAGR) of 36.62% from 2022, according to Markets and Markets.

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Amazon tests two-legged, mobile robots

Supply Chain Dive

The company has been ramping up its use of technology in operations for some time and now has over 750,000 robots.

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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 to stay on the right side of the latest SEC cybersecurity disclosure rules for a data breach

IBM Supply Chain Blog

In July 2023, the Securities and Exchange Commission (SEC) voted to adopt new cybersecurity rules and requirements for all market entities to address risks. Among the passed regulations were updated requirements for Form 8-K reporting as well as new guidance for Form 10-K Amendments. Under the rule surrounding Form 8-K reporting, public companies are now required to report data breaches within four days of an incident.

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Supply shortage hits infant RSV antibody Beyfortus

Supply Chain Dive

Demand for the product has been higher than expected despite an aggressive supply plan, Sanofi said in a statement.

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Don’t get another surprise bill from your observability vendor

IBM Supply Chain Blog

Businesses rely heavily on monitoring solutions to ensure the optimal performance and availability of their applications. While features and capabilities are important to evaluate, it’s also important to consider pricing to ensure the right solution that will meet your needs. Over the years, many legacy APM providers have developed complicated pricing structures that make it difficult to understand exactly what the solution will end up costing and discourages broad adoption by charging per

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Five Top Tips to Nail Multi-Carrier Delivery Management

Supply Chain Brain

To make the most of available resources, provide more delivery choices, and achieve maximum efficiency, it is essential to effectively manage multi-carrier operations in real-time.

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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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Global economies also include longevity

SCMR (Supply Chain Management Review)

As the industrialized world gets older, there is a lot of potential in developing products for older populations. This will have profound implications for both future global demand and supply (especially with regard to looming labor shortages).

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Watch: How Modern Technology is Transforming the Parcel Industry

Supply Chain Brain

Jey Yokeley, vice president sales with TransImpact, details the way that technology — especially in the form of artificial intelligence and machine learning — is aiding how both parcel carriers and shippers make key decisions in an increasingly complex industry.

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American Automotive Summit 2023

Arkestro

AMERICAN AUTOMOTIVE SUMMIT  MGM Detroit Detroit, MI } Oct 24-26, 2023 Thank you for joining us at the American Automotive Summit 2023 in Detroit this year. The Summit provides insights and strategies to enhance the professional development of executives involved in automotive manufacturing, operations, design, engineering, supply chain quality, and innovation.

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Saudi Loosens Airport Regulation in $100 Billion Investment Push

Supply Chain Brain

Saudi Arabia recently introduced a new airline, called Riyadh Air, which aims to provide a level of service and connectivity that equals regional champions Emirates and Qatar Airways.

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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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Conflict Resolution as a Key Pillar of Employee Wellness

Negotiations Ninja

Conflict is one unavoidable component of life. No matter how you attempt to evade and avoid it, it is bound to happen. Workplace conflict, as we all can relate to, differs wildly from other forms of conflict we handle. It can feel unavoidable, stressful, intense, and mentally straining.

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370: Achieve True Supply Chain Visibility, with Beacon Technologies

Let's Talk Supply Chain

Today I’m joined by forward-thinking tech company Beacon Technologies – a brand that says, when it comes to supply chain, they believe in power to the people! Beacon’s supply chain visibility platform is a central hub for real-time ocean and air freight tracking, supply chain performance analytics and carbon emissions reporting. A suite of collaboration tools makes sharing the latest updates with internal stakeholders, customers and supply chain partners a breeze – with no long email chains or s

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Kelli Thompson Tackles 3 Salary Negotiation Myths

Negotiations Ninja

Kelli Thompson spent 15 years climbing the ladder in corporate banking. She left to work for a tech company and oversaw their HR. After that, she worked for a leadership development consulting company, which gave her her first taste of entrepreneurship. She started her own corporate practice in 2019.

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U.K. Backs Suspension of Deep-Sea Mining in Environmental U-Turn

Supply Chain Brain

The U.K. environment secretary said a U.K.-based environmental science network would be launched, to gather data on the environmental impact of deep-sea mining.

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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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Measuring and reporting Scope 3 emissions

SCMR (Supply Chain Management Review)

Prioritize based on supplier impact, and don’t forget your lower tiers.

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Stellantis and Union Agree Pay Rise in Tentative Deal

Supply Chain Brain

The agreement between the UAW and Stellantis will see wages for most workers rise by 25% over the next four-and-a-half-years.

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State of ePayables 2023: AP’s Strategic Priorities in 2023

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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Slump in Big Purchases Clashes With Government’s Strong Consumer Data

Supply Chain Brain

One explanation for the divergence is that Americans are souring on the future. Polls show waning confidence in the economy.

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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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Removing needless barriers to micro-retailer growth

SCMR (Supply Chain Management Review)

The true potential of micro-retailers remains untapped.

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St. Lawrence Seaway Expected to Open Again

Supply Chain Brain

The agreement is set to be ratified by employees in the coming days, but workers are set to return to work on the morning of October 30.

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7 public health data modernization lessons from Canada’s superior COVID-19 response

IBM Supply Chain Blog

Over the first three years of the COVID-19 pandemic, the US suffered over twice the deaths per capita as Canada — over 600,000 potentially avoidable deaths. Experts agree that this was a hard-won victory of Canada’s public health response. While political and demographic realities were a major factor, an unsung hero is the data modernization efforts that helped Canada track and contain the sudden rise in infections and meet the demand for public health services.

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Your Audience will Have a Crush on You if You do This with Your Brand.

Supply Chain Brain

In this webinar, we'll learn how to make your brand swoon-worthy. If your brand is the personality of your business, who are you?

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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.