Fri.Jul 29, 2022

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Supply Chain Weekly Wrap-Up 07/22/2022-07/28/2022

All Things Supply Chain

Grain exports from Ukraine may resume ‘within days’ Ukraine has announced that the first set of vessels loaded with grain could be leaving the Black Sea ports in a matter…

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What is Economic Order Quantity & its Advantages

SCMDOJO

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Like safety stock calculations , EOQ is one of the most important equations in supply chain planning.

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Podcast | No Forced Labor in Your Supply Chain? Prove It!

Supply Chain Brain

For U.S. importers, the hurdles for proving that their supply chains are free of forced labor are getting higher all the time.

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2022 Summer of Supply Chain Legislation

Skill Dynamics

The summer of 2022 will be remembered for many things, from soaring temperatures to an unforgettable Women’s Euro championship. However, for supply chain professionals, it will also be remembered as a summer of environmental, social and governance (ESG) legislation. Legislation coming into play. Last year, Germany passed its Act on Corporate Due Diligence Obligations in Supply Chains.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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Is your organization ready for another potential supply chain blow?

Strategic Sourceror

We're all aware of the situation in ports around the world – major backups, sometimes up to hundreds of ships long, and the kind of general congestion that would make a person with a bad head cold seem fine in comparison. That situation might just get worse before it gets better. On the West Coast of the United States, there is a potential strike brewing which could severely damage logistics, especially for goods coming in from Asia.

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Watch: How Can We Transform Supply Chain Planning?

Supply Chain Brain

Hank Ackerman, principal at Argano, advises how to make supply chain planning transformations successful.

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The Next Wave of Warehouse Robotics: Hype vs. Hope

Supply Chain Brain

Robots are increasingly characterized as a panacea for numerous challenges in retail warehouses, but where does the hype end and reality begin?

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[Pod] Procurement 6 – July 29th, 2022

Art of Procurement

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement. The post [Pod] Procurement 6 – July 29th, 2022 appeared first on Art of Procurement.

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Procurement Performance in 2022

CPO Rising

The previous three years have put chief procurement officers and their performance to the ultimate test. This year’s CPO Rising 2022 Report looked again at procurement performance and identified two areas critical to taking performance to the next level — as indicated by survey respondents. The Balancing Act Best-in-Class CPOs have the serenity to manage […].

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“Supply chain is the business”: From hidden hero to rockstar, supply chain takes centre stage

Spotlight on Procurement

Professor Richard Wilding OBE is recognised as one of the world’s leading experts in logistics and supply chain management, retiring this summer after a quarter of a century at Cranfield University. Richard recently created a must-see course called Building Resilient Supply Chains for Effective Risk Management for LinkedIn Learning, and he discusses why it’s vital that everyone in business have a basic understanding of supply chain’s role.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri