Thu.Jun 29, 2023

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Meet Digit – The Future of Warehouse Automation

Art of Procurement

Agility Robotics recently released the latest version of their humanoid warehouse robot: Digit. Digit is 5 foot 9, weighs 141. The post Meet Digit – The Future of Warehouse Automation appeared first on Art of Procurement.

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The supply chain is the hub for creating new Constellations of Value

SCMR (Supply Chain Management Review)

Every business is on a tightrope between business and ESG performance. Making decisions that maintain your balance on the tight rope is only possible with rigorous internal collaboration and flexible, trusted suppliers in your constellation. Business growth by creating and retaining more happy and loyal customers is at the end of the tightrope.

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Chinese Chipmaker Asks Suppliers to Buy Back Banned Gear

Supply Chain Brain

“Machine suppliers should buy back the equipment and components we have purchased legally if we can’t use them,” said Yangtze Memory chairman and acting CEO Chen Nanxiang.

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What is asset reliability?

IBM Supply Chain Blog

When a critical asset like an expensive piece of machinery or infrastructure breaks unexpectedly, it affects customers and can cost companies millions. To be successful, businesses need to have clear, real-time visibility into the condition of their assets and a plan to keep them running smoothly and make repairs quickly when things break. Enterprises are constantly looking for new ways to optimize performance, increase reliability and extend asset lifespans—all without adding unnecessary

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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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France’s Imerys and British Lithium Team Up on U.K. Mine

Supply Chain Brain

The U.K.’s Critical Minerals Association said U.K. miners “rarely receive interest or funding from private finance, and government funds don’t provide enough financing to truly aid projects.

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What is Integrated Business Planning (IBP)?

IBM Supply Chain Blog

Imagine a symphony orchestra where each musician plays their own tune without listening to others. The result would be chaotic and dissonant, right? Similarly, in the business world, when decision-making happens in silos and planning processes are disconnected, it’s like having a group of individuals playing their own instruments without any coordination.

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CPOs lean on supplier relationships as they pursue cost, ESG goals: report

Supply Chain Dive

Improving margins through savings remains a top priority, but it is elusive in an inflationary era, according to a new Deloitte study.

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European Gasoline Shipments to U.S. Ease Just as Stockpiles Shrink

Supply Chain Brain

European gasoline and blending component cargoes to the U.S. are poised to drop to a three-month low in June, with volumes likely to be about 350,000 barrels a day.

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Unlocking the Benefits of Microservices-based WMS for Warehouse Automation and Macro ROI

SCMR (Supply Chain Management Review)

Download the white paper and unlock the potential of your warehouse operations for a modern-day supply chain that drives constant ROI.

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Dockworkers in Western Canada Plan Strike July 1 as Pay Talks Fail

Supply Chain Brain

The International Longshore and Warehouse Union Canada “has run out of options at the bargaining table,” it said in a June 28 statement on its website.

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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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The Future of xP&A and Supply Chain Planning – Part 2

Supply Chain Trend

Extended Planning & Analysis , xP&A, is the evolution of financial planning beyond the finance function. It requires planning highly integrated with other business functions, a transformation of analytics , and a business partner culture, which combined lead to the requirement for modern FP&A skills in the workforce. In two articles, based on the webinar “XP&A in action: Enhancing FP&A Agility with Supply Chain Planning” , I will discuss the future of

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EU and Japan Agree to Cooperate on Digital and International Trade

Supply Chain Brain

The principles establish a common understanding of key digital trade issues and a joint commitment to create an open digital economy that's free of “unjustified” international trade barriers.

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FedEx Express retires 18 freighters as part of cost-cutting initiative

Supply Chain Dive

The company plans to remove 29 more aircraft from scheduled flying next fiscal year.

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The Role of LCL Shipping in the Post-Pandemic World

Supply Chain Brain

Less-than-containerload (LCL) shipping has played a key role in ocean services for decades, but it gained even greater prominence during the pandemic.

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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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Leading Design Build Contractor Tackles COVID Cost Escalations in a Volatile Market with the Power of Prediction

Arkestro

Resources / Case Studies / Leading Design Build Contractor Tackles COVID Cost Escalations in a Volatile Market with the Power of Prediction Leading Design Build Contractor Tackles COVID Cost Escalations in a Volatile Market with the Power of Prediction Like most industries in the past few years, the construction industry was hit hard by COVID-19. A national design build contractor sought a solution that would allow them to be more agile in their bidding events to make decisions quickly in a vola

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Podcast | A Supply Chain Equation: Agility = Resilience = Revenue

Supply Chain Brain

What exactly is “agility,” besides being one of the supply chain’s favorite buzzwords?

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[Pod] Procurement 6 – June 30th, 2023

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post [Pod] Procurement 6 – June 30th, 2023 appeared first on Art of Procurement.

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General Mills’ Sales Took a Hit in the Most Recent Quarter

Supply Chain Brain

Despite the volume drop-off, the company behind Cheerios and Bisquick pancake mix increased its revenues through core business operations by 3% during the most recent quarter.

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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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Barkers Gain Silver as a Carbon Literate Organisation from the Carbon Literacy Project

Barkers Procurement

Barkers are thrilled to announce that it has been awarded Silver status as a Carbon Literate Organisation from the Carbon Literacy Project , having met the requirements of the Carbon Literate Organisation standard. The accreditation demonstrates a commitment to Carbon Literacy and underlines the organisations dedication to maintaining a low-carbon culture.

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5 Types of Supply Chain Strategies

Una

5 Types of Supply Chain Strategies for Every Sourcing Hero Explore the superpowers offered by various types of supply chain strategies that businesses can adopt to meet their objectives. By Hugo Britt | June 29, 2023 Search Search At Una, we lovingly refer to procurement professionals as “sourcing heroes.” Like superheroes, each has their own super-achievements worth noting as they work tirelessly to protect and better their own organizations.

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Watch: What Makes a Supply Chain Resilient?

Supply Chain Brain

Efficiency, flexibility and responsiveness are the key components of a resilient supply chain, says Paul Webb, regional vice president of enterprise supply chain at Coupa.

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Forbes: How Generative AI Is Transforming Supply Chain And Procurement Roles

Arkestro

While there are massive areas of potential, there are equally significant risks posed to privacy, algorithmic bias and even business continuity.

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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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How Multi-Enterprise Platforms Optimize Supply Chain Management

Supply Chain Brain

More businesses are turning to multi-enterprise collaboration networks.

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Digital twin vs digital thread: Two complementary ways to digitally replicate assets

IBM Supply Chain Blog

As the pace of digital transformation accelerates in the manufacturing and engineering industries, two concepts have gained significant traction: digital twins and digital threads. Both concepts refer to digital representations of physical objects, but they serve different purposes and offer companies unique advantages. Here, we will compare digital twins and digital threads, and discuss potential use cases and benefits.

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Japan Retail Sales Rebound, Adding to Signs of Recovery

Supply Chain Brain

Spending rose by 1.3% from April 2023 to May 2023, according to a June 29 statement from the economy ministry, beating economists’ expectations of a 0.8% increase.

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Micron plans first chip factory in India

Supply Chain Dive

U.S. chipmakers are diversifying their manufacturing networks as the Biden administration urges them to invest outside of China.

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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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10 manufacturing trends that are changing the industry

IBM Supply Chain Blog

Manufacturing has undergone a major digital transformation in the last few years, with technological advancements, evolving consumer demands and the COVID-19 pandemic serving as major catalysts for change. To maintain their competitiveness and overcome today’s challenges, manufacturers have had to make agility and adaptability top priorities. Here, we’ll discuss the major manufacturing trends that will change the industry in the coming year. 1.