Mon.Mar 25, 2024

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Beyond Visibility: Social Media’s Role in Reinventing Supply Chain Engagement

All Things Supply Chain

Ever peeked behind the curtain to see how your favorite products come to life? Social media’s doing exactly that, pulling back the veil on manufacturing like never before.

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CPO Crunch: Think intelligently about artificial intelligence

Procurement Leaders

Question: What’s driving your thinking when it comes to the rollout of artificial intelligence in procurement? Is it the efficiencies that might be gained from harnessing the technology? How about the insights that might be available? Or is it more fundamental, such as the potential new business models that might become possible? Or – whisper it quietly – the risks you face from not thinking about it at all?

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AI and the practice of Procurement – Contracting and Legal

Spend Matters

Complementing our recent research into AI in procurement solution use cases and our wider theme around AI in general , Spend Matters has been undertaking a series of interviews with senior procurement practitioners to gauge the level of interest in, and infiltration of, AI and generative AI (GenAI) in the practical lives of the procurement organization today.

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Ahead of the curve: How generative AI is revolutionizing the content supply chain

IBM Supply Chain Blog

The global adoption of generative AI is upon us, and it’s essential for marketing organizations to understand and play in this space to stay competitive. With content demands expected to grow in the next few years, organizations need to create more content at a faster pace to meet customer expectations and business needs. Knowing how to manifest these improvements is not always clear: Enter generative AI and the content supply chain.

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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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MARAD to Ships: Turn off Transponders in Red Sea

Supply Chain Brain

The advisory also highlights Houthi deceptive communications, provides information on the new Joint Maritime Information Center, and updates other threat info.

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Celebrating the women of IBM AI Ethics

IBM Supply Chain Blog

For more than 100 years, IBM’s founding principles have inspired efforts to promote equality, fairness and inclusion in the workplace and society. The company has lived the value of “respect for the individual” by championing employment practices that reward ability over identity and that make work more attainable for all. In 1935, approximately twenty years after IBM was founded, it began hiring women into professional roles.

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More Trending

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Intel’s $8B in CHIPS funding should provide suppliers confidence

Supply Chain Dive

The chipmaker's hundreds of U.S. suppliers should prepare for "when the taps turn on," according to one expert.

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How to Overcome Challenges to Creating Sustainable Supply Chains

Supply Chain Brain

For global supply chains striving to meet growing expectations of sustainability, transparency and traceability are essential capabilities.

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Mitigating the impact of climate change in insurance and other financial services  

IBM Supply Chain Blog

As the effects of climate change intensify, extreme weather events are becoming increasingly frequent and severe. The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 billion. These climate events have a huge potential impact on financial institutions. In 2021, large-scale floods affected the European countries of Austria, Germany, Belgium, the Netherlands and Luxembourg, causing USD 43 billion worth of damage in addition

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How Purchasing Consultants Simplify the Procurement Process

Procurement Freelancers

The constantly changing nature of business operations necessitates the continual pursuit of efficiency, particularly in the… The post How Purchasing Consultants Simplify the Procurement Process first appeared on Procurement Blog | Procurement & Supply Chain News.

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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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Air Cargo Week: The Power of Predictive Procurement in Logistics

Arkestro

The integration of digital tools, particularly predictive procurement, has revolutionised the logistics landscape, transforming them from mere add-ons to indisp

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Bill to Speed Up Flow of Crucial Cargo During Emergencies Goes to U.S. House Floor

Supply Chain Brain

The FAST PASS Act would mandate the secretary of transportation to study how critical cargo can be expedited in emergencies like hurricanes and pandemics.

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Canopy: Vendor Analysis — SIM solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Canopy, a supplier information management (SIM) solution that focuses on supplier data and due diligence. It is critical to ensure an organization knows the suppliers it works with, has all the required information on suppliers and that the information is up-to-date. Decisions about whether to work with a supplier can be simple or complex, depending on the screening and attention that supplier requires This data collection process and data

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Nestlé launches pair of initiatives to decarbonize cocoa supply chain

Supply Chain Dive

The global food company said its new projects aim to reduce and remove over 500,000 metric tons of carbon over a 20-year period.

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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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Boeing CEO Dave Calhoun Announces Resignation

Supply Chain Brain

Calhoun plans to “complete the critical work under way to stabilize and position the company for the future” over the coming months, the announcement said.

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At the Panama Canal: Booking slots open up at a waterway on the mend

Supply Chain Dive

The canal authority increased daily booking slots to 27 and implementing long-term solutions like cross-filling.

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6 Tips for Students to Develop a Career in the Supply Chain

SCMDOJO

The supply chain industry is vital to the global economy with its complex network of activities, people, organizations, information, and resources. As businesses continue to globalize and markets become increasingly interconnected, the demand for skilled supply chain professionals is rising. Understanding the pathway to success is crucial for students eyeing a career in this dynamic field.

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Biden Admin Announces Historic $6M Investment to Cut Industrial Emissions

Supply Chain Brain

Energy Secretary Jennifer Granholm March 25 announced a goal to "set a new gold standard for clean manufacturing" across the U.S.

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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.

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Electronics Supply Chain Seeks Balance in 2024

SCMR (Supply Chain Management Review)

Labor costs continue to rise in the electronics supply chain, but industry research finds materials costs and backlogs easing.

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Watch: How Are Supply Chains Impacting M&A Dealmaking?

Supply Chain Brain

Debra Hatter, partner with Norton Rose Fulbright US LLP, discusses the findings of the law firm’s second annual Global M&A Trends and Risks Report.

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Revolutionizing Warehouses with Robotics: A New Era of Efficiency

SCMDOJO

The Rise of Warehouse Robotics: Revolution or Evolution? Nowadays, logistics landscapes and supply chain management are witnessing a breakthrough innovation: the automation of robots in warehouse operations. Amazon defies mere novelty, as proven by the sterling application of over 200k mobile robot units across all their fulfillment centers worldwide.

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New Numbers Show Mixed Year for Port of Vancouver in 2023

Supply Chain Brain

Although cargo volumes were up 6% at the Port of Vancouver in 2023, container volumes were down 12% due to a variety of factors.

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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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Cut costs and emissions with lithium-ion forklifts

SCMR (Supply Chain Management Review)

Read the case study to unpack how the change to this electric power option can help operations limit costs, reduce emissions, improve work environments and boost labor utilization.

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EU Corporate Due Diligence Law Adopted

Supply Chain Brain

Foreign companies will be required to designate their authorized representative based in the member state in which they operate.

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Maersk seeks bigger stake in booming cross-border market

Supply Chain Dive

The Tijuana, Mexico, facility will target the technology, automotive, retail and lifestyle sectors.

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If You Are A Solution Provider “Selling” To Procurement – Stop It!

Procurement Insights

This is the fourth video in this series. In the previous three, I provided successful case studies involving the following organizations: GE Capital A.G. Simpson Lear Corporation General Motors Kellogg’s Kodak Deloitte Touche (now Deloitte) Before proceeding to the next case studies, starting with the Department of National Defence contract, I would like to discuss how to build your own success stories.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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February and year-to-date U.S. import volume is solid, reports S&P Global Market Intelligence

SCMR (Supply Chain Management Review)

February imports, at 2.44 million TEU (Twenty-Foot Equivalent Units) increased 21% compared to February 2023. And when taking into account, the timing of the Lunar New Year, coupled with the impact of ongoing Red Sea and Panama Canal disruptions, the firm explained that U.S.-bound imports over the first two months of 2024, at 5.04 million TEU, posted a 14% annual increase over 2023’s 4.40 million TEU.

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Intermodal visibility on rail: How it works and KPIs

Supply Chain Dive

Container visibility on rail is crucial to plan pickup times and avoid fees. Here are key events to watch.

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The Evolution of Physical Security Technology in the Supply Chain Industry

Supply Chain Brain

In 20 years, the evolution of physical security in the supply chain may be remembered as one of the greatest driving forces of change in the supply chain industry.

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Jonathan O’Brien delivering a guest lecture for Metropolia University of Applied Sciences

Positive Purchasing

Procurement MBA Students Prepare for Expert Insights in Supplier Relationships and Innovation On 2 April, our CEO Jonathan O’Brien, will be delivering an online guest lecture on ‘Supplier Relationships and Innovation’ to Procurement MBA students at the Metropolia University of Applied Sciences. The event is designed as part of the university’s curriculum to improve the skillset of future procurement professionals.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,