Sun.Mar 17, 2024

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Planning for Natural Disasters: A Growing Priority in Supply Chain Risk Management

Supply Chain Brain

When it comes to assessing supply chain risks, planners generally don’t place natural disasters at the top of the list. But with the growing number of extreme weather events, that could change in the coming years.

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US Plans to Launch AI in Manufacturing Institute

Procurement Bulletin

US Plans to Launch AI in Manufacturing Institute The U.S. government is launching a competition to create a new institute focused on using artificial intelligence (AI) to strengthen American manufacturing. This institute, overseen by the National Institute of Standards and Technology (NIST), will receive $70 million from the government over five years, with additional funding expected from private and other non-government sources.

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Mastering the Modern Workplace With Task Management

Supply Chain Brain

Driven by artificial intelligence, modern-day task management offers faster computing over wider bandwidths, enabling collaboration in real time from anywhere in the world.

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Savings Realization Cycle; Bridging the Gap: From Projected Savings to Realized Savings

Empowering CPO

Healthcare providers worldwide encounter obstacles in optimizing their supply chains due to costly provider preference items with narrow profit margins. The clash between healthcare providers and strategic teams over the utilization of alternative brands with similar clinical outcomes is a perennial challenge. Despite successful negotiations with multiple vendors and the careful selection of optimal purchase plans, translating these efforts into actual savings poses significant hurdles.

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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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Walmart to Sell AI Truck Routing Tool to Other Companies

Supply Chain Brain

Walmart says that using the software to optimize driving routes, pack trailers efficiently and minimize miles traveled has allowed it to avoid generating 94 million pounds of CO 2.

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Savings Realization Cycle Bridging the Gap: From Projected Savings to Realized Savings

Empowering CPO

Healthcare providers worldwide encounter obstacles in optimizing their supply chains due to costly provider preference items with narrow profit margins. The clash between healthcare providers and strategic teams over the utilization of alternative brands with similar clinical outcomes is a perennial challenge. Despite successful negotiations with multiple vendors and the careful selection of optimal purchase plans, translating these efforts into actual savings poses significant hurdles.

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Achieving a Winning Difference

Art of Procurement

“It’s really nice to have a bigger purpose and actually see the communities that you are changing, the lives that. The post Achieving a Winning Difference appeared first on Art of Procurement.

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Watch: Castlery & Kinaxis: A Furniture Inventory Management Partnership

Supply Chain Brain

Kinaxis enhances customer delivery times for the nationwide furniture company, says Carlos Harper, senior operations manager for Castlery.