Mon.Dec 04, 2023

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Optimizing the Supply Chain for Improved Productivity During the Busiest Time of Year

All Things Supply Chain

The holiday season is here, and businesses are working to provide the best customer experience through optimizing their supply chains.

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How Apparel and Retail Companies Are Implementing Intelligent Returns

Supply Chain Brain

With the help of data analysis and intelligent systems, companies are able to more efficiently manage product returns, repairs, recycling and other processes

Data 122
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How financial institutions can deliver value from investment in digital operational resilience

IBM Supply Chain Blog

The Digital Operational Resilience Act (DORA) is a landmark piece of legislation in the European Union (EU) that is designed to help fortify the operational resilience of the financial sector, making it fit for purpose in the digital age. DORA has several objectives, including to comprehensively address information and communications technology (ICT) risk management in the financial services sector and harmonize the ICT risk management regulations that already exist in individual EU member state

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Is Artificial Intelligence a Solution for Modern Slavery?

Supply Chain Brain

How humans can partner with AI to tackle the pressing societal issue of slavery, for a more resilient and sustainable global supply chain.

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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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Nestlé, Kraft defeat egg producers in price-fixing case

Supply Chain Dive

An Illinois federal jury found Cal-Maine and other egg giants liable for limiting the supply of the protein in 2004-2008 in an effort to drive up costs. Damages are set to be awarded to companies such as Nestlé, Kraft and Kellogg.

Price 93
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Panama Chaos Grows as U.S. Diesel Shippers Bypass Canal

Supply Chain Brain

In the past, such delays tended to be related to maintenance work, and, as such, were mostly short-lived, but there is little relief in sight in the months ahead.

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More Trending

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Wish launches small parcel delivery service

Supply Chain Dive

WishPost Smart Parcel will allow shippers who don't sell on the e-commerce platform to use its logistics capabilities.

Logistics 102
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2024: The year of change

SCMR (Supply Chain Management Review)

It’s that time of year again. And that means looking ahead and backward. I’m going to do a bit of both this month. And I’m going to provide some insight into what we are doing in 2024 at Supply Chain Management Review.

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Omnea: Vendor Analysis — Intake management solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis, we provide an overview of Omnea and its intake management solution. Omnea is a fairly new vendor in the intake space, looking to solve complex and inefficient procurement processes through procurement automation and centralized intake. The vendor takes a comprehensive approach, focusing on the spend control narrative and offering a unified solution that takes a variety of pain points in procurement and supplier management, most notably helping its customers

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Hungary Plans to Build €6B Dubai-Style Budapest District

Supply Chain Brain

Prime Minister Viktor Orban has mandated the construction of a major project reminiscent of Dubai in terms of its grandeur.

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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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Manufacturing Output Flat Month-to-Month, But Positive Signs Emerge

SCMR (Supply Chain Management Review)

While the Institute for Supply Management’s monthly PMI remains in negative territory for November, several sectors are beginning to show signs of recovery.

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Europe, U.K. Lag in Race for Electric Car Battery Raw Materials

Supply Chain Brain

Tesla in the U.S. and China’s BYD are significantly ahead of many of their European rivals in securing access to key raw materials.

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3 myths hindering your business from adopting generative AI 

IBM Supply Chain Blog

Generative AI holds enormous potential for driving business growth. It offers ease of integration and scalability for analytics and AI workloads using your company’s data, and offers guardrails for ensuring governance, security and compliance. So, why do millions of small enterprises believe that impactful AI is only accessible to big companies with deep pockets?

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'Clean Truck Express' Lane To Open at Pier 400 Los Angeles

Supply Chain Brain

APM says new priority lane incentivizes environmental stewardship while enhancing customers’ operational efficiency.

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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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A look into IBM’s AI ethics governance framework

IBM Supply Chain Blog

“Organizations are responsible for ensuring that AI projects they develop, deploy or use do not have negative ethical consequences,” as per Gartner. Yet while 79% of executives say AI ethics is important to their enterprise-wide AI approach , less than 25% have operationalized ethics governance principles. In a new case study featuring IBM, Gartner talks about how to establish a governance framework to streamline the process of detecting and managing technology ethics concerns in AI

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The Future of Supply Chains: Next-Generation Technology and Beyond

SCMR (Supply Chain Management Review)

The e-commerce boom, persistent labor shortage, emerging geopolitical events and the fact that disruptions are lurking around every corner are placing new demands on the world’s supply chains.

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South Carolina Ports Authority cargo volumes drop 9% in October

Supply Chain Dive

The port processed 235,006 total TEUs and is working to expand the Inland Greer Port to meet growing demand.

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How generative AI can transform the aviation industry 

IBM Supply Chain Blog

The aviation industry is under pressure to improve the sustainability of air travel while improving operational efficiency in an increasingly complex marketplace that is still recovering from the impact of the COVID-19 pandemic. In an industry where safety is paramount and new technologies require utmost scrutiny, generative AI promises to boost aviation businesses and their industry partners.

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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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What Does Sultan Al Jaber, the President of COP28’s 2023 Comments, and John Elkington’s Seminal 1997 Book Have In Common?

Procurement Insights

EDITOR’S NOTE: here are not one but two separate yet related comments I made on a great LinkedIn post by David Loseby regarding Sultan Al Jabar’s comments that “there is “no science” indicating that a phase-out of fossil fuels is needed to restrict global heating to 1.5C, the Guardian and the Centre for Climate Reporting can reveal.” Nimi Princewill and Ella Nilsen CNN article COMMENT #1 Here are excerpts from the article I wrote in 2022 titled “How Painful Are the

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Top 5 criteria for developers when adopting generative AI

IBM Supply Chain Blog

The surge in adoption of generative AI is happening in organizations across every industry, and the generative AI market is projected to grow by 27.02% in the next 10 years according to Precedence Research. Advacements in machine learning algorithms, neural networks and the computational power of generative AI, combined with human expertise, intuition and creativity, can unlock new possibilities and achieve levels of innovation that were previously unimaginable.

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Guess walks inventory tightrope while retail buyers stay ‘very careful’ on purchasing

Supply Chain Dive

The apparel company has been cautious in its own buying while trying to meet the needs of department stores and others who seek agility to meet demand.

Buyers 66
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Arkestro March AdCo

Arkestro

Advisory Council  Virtual Date: Tuesday, March 12 Time: 11:30 AM – 1:00 PM ET Kick off the New Year by joining us for our virtual Arkestro Advisory Council! Hosts Caroline Cioe Account Executive LinkedIn Matt Buckingham Head of Partnerships and Alliances LinkedIn Edmund Zagorin Chief Strategy Officer and Founder LinkedIn What to expect This exclusive gathering is for execs just like you, and it’s all about diving into Predictive Procurement Orchestration.

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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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Designing Conveyor Systems With Simulation Software

Supply Chain Brain

Conveyors play a key role in the endless quest by distributors and manufacturers for improved efficiency and productivity. So it should come as no surprise that the logistics sector would be drawn to modern-day conveyor systems simulation software.

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Arkestro March AdCo

Arkestro

Advisory Council  Virtual Date: Tuesday, March 12 Time: 11:30 AM – 1:00 PM ET Kick off the New Year by joining us for our virtual Arkestro Advisory Council! Hosts Caroline Cioe Account Executive LinkedIn Matt Buckingham Head of Partnerships and Alliances LinkedIn Edmund Zagorin Chief Strategy Officer and Founder LinkedIn What to expect This exclusive gathering is for execs just like you, and it’s all about diving into Predictive Procurement Orchestration.

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5 steps to enhance your EVP with upskilling

Skill Dynamics

In an increasingly competitive hiring market, a major challenge facing all businesses is attracting and retaining the best talent. Even after employees join an organization, retaining them long enough to significantly contribute to their career development can be challenging, even for the best companies. To reduce employee turnover and retain top talent, it’s vital for businesses to build their culture and instill a strong employee identity.

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Arkestro February AdCo

Arkestro

Advisory Council  To Be Announced (within the Atlanta, GA area) Date: Thursday, February 29 Time: 2:00 – 4:00 PM ET Kick off the New Year by joining us for an in-person (or virtual, if you prefer) Arkestro Advisory Council! Hosts Caroline Cioe Account Executive LinkedIn Matt Buckingham Head of Partnerships and Alliances LinkedIn Edmund Zagorin Chief Strategy Officer and Founder LinkedIn What to expect This exclusive gathering is for execs just like you, and it’s all about diving int

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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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Ask Probing Questions to Avoid Manipulation

Negotiations Ninja

Modern scams are customized to their target. With spearfishing, scammers send an email to a smaller set of targeted people to get their password(s). Often, they know something about that person which makes it easier to get that information. Psychics make themselves seem more credible by doing research.

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Arkestro Amplify Summit

Arkestro

Amplify Summit  To Be Announced (within the Atlanta, GA area) Date: Thursday, February 29 Time: 2:00 – 4:00 PM ET Kick off the New Year by joining us for an in-person (or virtual, if you prefer) Arkestro Amplify Advisory Council! Hosts Caroline Cioe Account Executive LinkedIn Matt Buckingham Head of Partnerships and Alliances LinkedIn Edmund Zagorin Chief Strategy Officer and Founder LinkedIn What to expect This exclusive gathering is for execs just like you, and it’s all about divi

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378: Achieve 360° Supply Chain Visibility for Greater Control and Optimization, with SDI

Let's Talk Supply Chain

  Today I’m joined by SDI , a digital supply chain brand whose people, processes, and technology have enabled the world’s most efficient supply chains for over 50 years. SDI is the supply chain solutions and services company that specializes in helping large, multi-site facilities and plant maintenance leaders reduce costs and risks while driving overall performance results and outcomes.

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Examples of IBM assisting insurance companies in implementing generative AI-based solutions  

IBM Supply Chain Blog

IBM works with our insurance clients, and research conducted by the IBM Institute for Business Value (IBV) shows three key imperatives that guide insurer management decisions: Digital orchestration Improved core productivity (business and IT) The need for flexible infrastructure To meet the key imperatives and facilitate the transformation of their companies, insurers need to: Provide digital offerings to their customers Become more efficient Use data more intelligently Address cybersecurity con

Ethics 56
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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.