Tue.Mar 19, 2024

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Time for Chief Supply Chain Officers to Get Serious About Third-Party Risks

Supply Chain Brain

Geopolitical risks are disrupting global supply chains and compelling business leaders to take third-party risk management more seriously.

Risk 120
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Delivery provider Point Pickup ceases operations as it seeks a sale

Supply Chain Dive

The company is looking to find a buyer quickly, as its "assets are basically melting ice cubes — they are losing money," a lawyer said.

Buyers 111
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Unlocking Track and Trace for FSMA 204 Compliance

Supply Chain Brain

While two years may seem like ample time to prepare, the reality is that it takes careful planning and multiple steps to implement advanced track and trace technology.

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Unlocking Insights with Life Cycle Inventory Analysis

SCMDOJO

In today’s increasingly eco-conscious world, understanding the environmental impact of our actions is paramount. This is where the Life Cycle Inventory (LCI) comes into play. A comprehensive analysis of the energy and material inputs, outputs, and environmental impacts associated with a product’s life cycle, LCI helps us unlock valuable insights into sustainable practices.

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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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Room for Improvement in E-Commerce: Consumer Survey

Supply Chain Brain

The research identified that more than half of consumers surveyed globally (56%) are dissatisfied with their retail digital commerce experiences.

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Why Chief Supply Chain Officers Should Embrace Employee Turnover

SCMR (Supply Chain Management Review)

Most companies resist employee turnover, but embracing it can offer advantages to organizations, including lower onboarding costs.

More Trending

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Cross-border e-commerce helped lift air cargo industry in February

Supply Chain Dive

The average spot rate increased 2% month over month to $2.29 per kilogram, with demand up 11% year over year, Xeneta’s Clive Data Services found.

Demand 82
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AliExpress Expands 5-Day Delivery to U.S. Amid Ongoing E-Commerce Battle With Temu

Supply Chain Brain

AliExpress and Temu have frequently been neck-and-neck as two of the most valuable Chinese firms on the U.S. stock exchange.

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What Is Your ESG “Achilles” Heel?

Procurement Insights

Using great tools like solution maps to choose the right solution provider is equivalent to trying to count the stars in our universe and reliably distinguishing one from another. Like stargazing, you see an impressive array of potential partners but are overwhelmed by the brightness of their collective recognition. Or, as many CPOs have told me, they suffer from “solution map migraine.” I have said it many times, but gone are the days of no one ever getting fired for buying IBM.

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China's Container Market Stays Stable Because of Supply-Demand Imbalance

Supply Chain Brain

The market for containers is witnessing a significant mismatch between buyer and seller price expectations, because of continued strong demand.

Demand 88
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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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Supply Chain Department – A Typical Structure

SCMDOJO

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth. But how exactly can businesses achieve this level of efficiency?

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Princeton TMX Launches Tool To Help Shippers Measure and Track Carbon Footprint

Supply Chain Brain

The tool collects carbon emission information gathered at the point of shipment execution using loading data within the TMS.

Data 91
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Meet AI in eProcurement

Spend Matters

Artificial intelligence (AI) comes in many forms (for a complete history of AI in procurement see our recently published autogmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. In this series of articles we explore the current state of AI in procurement technology.

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ADM outlines supply chain cost savings plan

Supply Chain Dive

The company is eyeing $500 million in overall cost savings and aims to reduce complexities in its animal nutrition business.

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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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Topo Offers Task Management Solution for Supply Chain Operations

Supply Chain Brain

The Task Manager, a supply chain-focused project management tool, offers a product- and supplier-centric approach.

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Nike agrees to use biofuel for some cargo with CMA CGM

Supply Chain Dive

The apparel and sportswear retailer plans to use biofuel in 36% of its volumes with the France-based carrier.

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Watch: Supply Chain Visibility: More Important Than Ever

Supply Chain Brain

Supply chain visibility will remain top of mind for shippers, says Peter Weis, chief information officer and senior vice president of supply chain at ITS Logistics.

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How Decision Automation Is Revolutionizing Business Processes

Pipefy

Decision automation combines artificial intelligence, business rules, and process data to automate steps or tasks that fuel decision-making processes. This type of automation is ideal for repetitive or routine procedures that power day-to-day decisions and operations. Decision automation also helps reduce risks, errors, or delays associated with leaving decisions to individuals or groups of people.

Data 52
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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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Survey Uncovers 'Crucial Gap' in Retail Worker Tech Needs

Supply Chain Brain

Scandit's survey found that 40% of respondents feel that their employers don’t invest in their techology needs.

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How will Generative AI in Procurement impact us?

Procurement Software

When you hear the words Generative AI in Procurement, your reaction is probably one of two things: Either you get excited, thinking of all the benefits and time-saving hacks it could offer. Or else, you sigh and roll your eyes, thinking it’s just the latest hype cycle. There’s a valid argument both ways, but one thing is for sure. This technology is here to stay, in one form or another.

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Don’t Get Duped by Supplier “Washing”

Una

Don't Get Duped by Supplier "Washing" Tips sourcing professionals can use to identify and avoid certain corporate and supplier washing practices as part of their ESG strategy. By Hugo Britt | March 19, 2024 Search Search You’re a savvy procurement pro working for a global retail company that’s all about building a sustainable supply chain.

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Silk Way West Airlines Buys an Extra Boeing 777 Freighter

Supply Chain Brain

The Azerbaijani airline says it further demonstrates Silk Way West Airlines' commitment to sustainability in the air cargo industry.

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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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Intake to Procure to Pay – Rujul Zaparde from ZIP

The Procuretech Podcast

In this episode of The Procurement Software Podcast, host James Meads interviews Rujul Zaparde, founder and CEO of Zip. They discuss the importance of embracing modernisation and digitisation in procurement. Rujul shares insights on how to effectively allocate a budget for driving change within the function, highlighting the significance of control and visibility over spend in today's procurement landscape.

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6 ways the recruitment process is boosted by AI

IBM Supply Chain Blog

Nobody likes paperwork. And as important as talent acquisition is for any organization, it involves a lot of it: sifting through resumes, posting job descriptions, onboarding new employees. These tasks aren’t all tedium, and in fact, they often require human-level discernment. However, many components of these tasks can now be automated or augmented by AI , allowing hiring managers to focus on providing smarter, higher-level engagement with candidates.

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Elevating Supply Chain Visibility through Effective Marketing

SCMDOJO

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business.