Tue.Jan 30, 2024

article thumbnail

8 logistics trends to watch in 2024

Supply Chain Dive

Risk is sparing no mode of transportation in 2024, as geopolitics, labor talks, freight demand and capacity fluctuations will continue to alter supply chain strategies.

Logistics 130
article thumbnail

Chinese Wind, Solar Capacity to Overtake Coal in 2024

Supply Chain Brain

The China Electricity Council said that wind and solar energy would make up about 40% of installed power generation capacity in 2024, compared to coal's 37% capacity.

95
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

UPS to cut 12K jobs in 2024 amid weak delivery demand

Supply Chain Dive

The delivery giant doesn’t expect to rehire for those positions when volume rebounds, as it undergoes “a change in the way we work,” its CFO said.

Demand 117
article thumbnail

United Executive Blames Boeing Problems on Worker Inexperience

Supply Chain Brain

United Airlines’ EVP of Finance said "part of the problem" is that the industry didn't anticipate the difficulties that would arise following a return to normalcy after the COVID-19 pandemic.

91
article thumbnail

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.

article thumbnail

6 Questions With … Matt Crawford

SCMR (Supply Chain Management Review)

BigCommerce VP of Business Development and GM of Shipping Matt Crawford sees the retail supply chain from many angles. He joins Supply Chain Management Review to discuss the state of the supply chain, e-commerce and the last mile in this 6 Questions With … feature.

article thumbnail

UPS to Cut 12,000 Jobs, Bring Workers in Five Days a Week

Supply Chain Brain

The jobs reduction will save $1 billion this year, said CEO Carol Tomé during an earnings conference call with analysts January 30.

104
104

More Trending

article thumbnail

Supply Chains Driving Profitable Growth

Supply Chain Brain

Operational expectations for supply chains continue to rise, where optimal efficiency, swift speed, rigorous cost control and an elevated customer experience have become table stakes. In addition to operational excellence, CEOs are looking to their supply chains to address a new challenge: driving profitable growth for the enterprise.

article thumbnail

Episode 150: 2024: The Year of the Dragon? with Kris Lance

Una

EPISODE 150 2024: The Year of the Dragon? with Kris Lance By Kelly Barner | January 31, 2024 In Chinese culture, the dragon represents good luck, strength, and health. Given the challenges dominating this year’s headlines, all of us are probably going to need a balance of all three to make it through the year successfully. Every new day’s headlines remind us that no matter where we live and work, global forces can swoop in and change everything at a moment’s notice.

article thumbnail

Supercharging Supplier Collaboration Through a Digitally Connected Ecosystem

Supply Chain Brain

Effective supplier collaboration is a key requirement for increasing maturity of supply chain operations. To address the needs for sharing more information in a more structured way, organizations typically end up deploying a number of supply chain applications and collaboration tools that collectively meet all of their requirements and use cases.

article thumbnail

Achieve Data Center Excellence with IBM and VMware

IBM Supply Chain Blog

In the last post , we looked at creating a blueprint for a sustainable data center. Now we’ll look at how to get the most out of a modern data center. We don’t need to re-create the wheel all the time. Sometimes, we can look to others who have gone before us for inspiration and examples to help shape our vision for success. And, when we work with partners that have “been there, done that,” we can accelerate our success, taking our vision to a mission to reality.

Data 77
article thumbnail

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.

article thumbnail

Majority of Industrial Businesses Facing Resource Scarcity, Study Finds

Supply Chain Brain

Over a third of participants said that resource scarcity has led to increased costs for their businesses while another 27% said that these limitations have caused supply chain disruptions.

article thumbnail

From geopolitics to inflation: 2024’s supply chain trends and risks

Supply Chain Dive

Companies are adjusting their strategies at every step of the supply chain to position themselves for success in the year ahead.

article thumbnail

Watch: Electronics Inventories: From Shortage to Glut

Supply Chain Brain

P.S. Subramaniam, a partner in the Strategic Operations and Performance practice of Kearney, explains how electronics manufacturers went from having too few materials and components on hand to too many in a very short time — and how they can do a better job of planning in the future.

article thumbnail

Haribo to expand Wisconsin warehouse, nearly tripling its space

Supply Chain Dive

The new site features 73 truck docks and is located within 2 miles from the gummi maker's production plant in Pleasant Prairie.

75
article thumbnail

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.

article thumbnail

Vietnam, Philippines Expanding Cooperation in the South China Sea

Supply Chain Brain

Under the deals, Vietnam said it would supply the Philippines with 1.6 million to 2.2 million tons of rice annually.

Supply 95
article thumbnail

Auto volumes surge at Northwest Seaport Alliance during 2023

Supply Chain Dive

The ports of Seattle and Tacoma also handled more international containers in December.

84
article thumbnail

Innovation on a Budget: Labor Management vs. Full Automation

Supply Chain Brain

In the face of record-low unemployment and rising wage levels, a labor management program can offer multiple advantages.

Budget 87
article thumbnail

What does this picture tell you about the Purchasing versus Procurement debate?

Procurement Insights

Sometimes, an image or picture stimulates more meaningful debate at a gut level than any words could ever do. As you look at the picture below representing the purchasing versus procurement or procurement versus strategic sourcing debate, what is the one big takeaway message for you?

article thumbnail

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

article thumbnail

ThyssenKrupp Materials de México Inaugurates New Mexican Service Center

Supply Chain Brain

ThyssenKrupp said that it had invested $37 million in the new San Luis Potosí service center, which will go towards creating roughly 65 jobs.

76
article thumbnail

Who has more independence? Procurement professionals or hotel employees?

Procurement Insights

EDITOR’S NOTE: Mathew Schulz’s January 29th, 2024 post on “The Ritz-Carlton $2,000 rule” has a lesson for the C-Suite regarding their procurement department. I share my thoughts in today’s post: Great post, as always, Mathew Schulz ! Here is an excerpt of a 2004 study assessment I wrote that links your The Ritz-Carlton Hotel Company, L.L.C. story to procurement – [link] “In my fall 2004 analyses of a study on the use of web-based applications, I made the

article thumbnail

The Top 10 Procurement Conferences in 2024 (live events)

Procurement Software

Procurement conferences are more popular than ever, after almost 2 years’ absence of in-person events during the pandemic. As we step into 2024, the procurement ecosystem continues to evolve. This offers a plethora of conferences that cater to various aspects of this dynamic field. Whether you’re looking to network, learn about the latest trends, or dive deep into procurement innovation, there’s a suitable conference for you.

article thumbnail

3 Procure-to-Pay Trends Shaping 2024

Pipefy

The global source-to-pay and procure-to-pay outsourcing market is expanding rapidly with the market expected to reach $55.8 billion by 2028. Why? Because procure-to-pay teams lacking business agility, internal resources, or adequate tools are hungry for solutions that can help them streamline operations, increase strategic influence, gain spend control, innovate sourcing streams, improve efficiency, and increase time for more “high-value” work.

article thumbnail

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?

article thumbnail

From ESG to Utilities and beyond - our procurement and supply chain experts’ 2024 predictions

Spotlight on Procurement

We're starting the year by pulling together different views on what the next 12 months look like for procurement and supply chain across a range of industries.

article thumbnail

Procurement Technology: 6 Solutions You Should Know In 2024

Pipefy

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics.

article thumbnail

New Year Insights for the procurement solutions and services marketplace 2024: Tipalti

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. Our series runs from mid-December through January, and then our senior analysts will wrap up with their own take on the key themes that emerge.

article thumbnail

Average 219% ROI: The Total Economic Impact™ of IBM Instana Observability

IBM Supply Chain Blog

What can your organization achieve with a modern observability solution? Data from a new Forrester Consulting study showed that a composite organization that used the IBM Instana™ Observability platform achieved a 219% ROI over three years. Likewise, it saw a 90% reduction in troubleshooting time by providing high fidelity data to the right people at the right time.

Data 94
article thumbnail

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.

article thumbnail

General Dynamics’ aircraft production disrupted by Israel-Hamas war

Supply Chain Dive

The company expects to deliver fewer Gulfstream G280 jets due to the conflict’s impact on an Israel-based supplier.

article thumbnail

8 steps to build a successful multicloud strategy

IBM Supply Chain Blog

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. According to a recent forecast from Gartner (link resides outside ibm.com) worldwide end-user spending on public cloud services is expected to grow 20.4% to total $678.8 billion in 2024, up from $563.6 billion in 2023.