Tue.Aug 15, 2023

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MSC Could Face Charges for Allegedly Overcharging Customers

Supply Chain Brain

The FMC audited MSC’s D&D charges in 2021 after receiving claims that the company issued the same daily rate for both operating and non-operating reefers (NORs).

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Mitsubishi Motors Europe, Vinturas partner on blockchain-powered supply chain

Supply Chain Dive

The automaker will use blockchain technology from Vinturas to precisely track the movement of newly built vehicles from its factories to consumers.

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Echo Global Launches Automated Carrier Negotiations Feature

Supply Chain Brain

The tool allows carriers to bid on available shipments and receive notifications letting them know if their bid is denied, accepted, or if a counteroffer has been made.

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Who will pay to decarbonize the supply chain?

Supply Chain Dive

Some brands are helping their suppliers reduce greenhouse gas emissions. Others are dumping new requirements on vendors without shouldering any of the costs.

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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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Russian Oil Switched Between Tankers Off Spanish Enclave After Four-Month Hiatus

Supply Chain Brain

The Tiburon collected about 100,000 metric tons of Urals crude originally loaded at the Baltic Sea port of Ust-Luga from a similar-sized vessel, the Lucia, over the past week.

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When Reshoring Projects Fail

SCMR (Supply Chain Management Review)

The temptation to reshore manufacturing is growing, but there are pitfalls that can derail a project if proper planning is not part of the process.

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More Trending

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Analyst eye on can ‘simplicity’ and ‘actionability’ coexist?

Spend Matters

Continuing our series of analyst observations on procurement tech market movements, this week we are considering how vendors strike a balance between providing a simple solution and providing one that enables deep insight and impactful actions. This content is for members only. Visit the site and log in/register to read. The post Analyst eye on can ‘simplicity’ and ‘actionability’ coexist?

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Wind and Water Could Usher in a New 'Intermodal' for Post-Carbon Freight

Supply Chain Brain

The new, sustainable version of “intermodal” could mean combining road and rail with coastal and inland water whenever possible

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July retail sales see gains, notes Commerce and NRF

SCMR (Supply Chain Management Review)

Commerce reported that July retail sales, at $696.4 billion, were up 0.7%, from June to July, and up 3.2% annually. NRF reported that July retail sales, which does not include automobile dealers, gasoline stations, and restaurants, rose 1% on a seasonally-adjusted basis over June and increased 3.8% annually on an unadjusted basis.

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Watch: The Global Supply Chain Marketing Summit: A Look Back, and Ahead

Supply Chain Brain

The inaugural edition of the Global Supply Chain Marketing Summit has launched, bringing top-level marketing executives together to network and discuss successful strategies in promoting supply chain products, services and solutions.

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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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FedEx plans layoffs at 5 facilities, impacting 843 employees

Supply Chain Dive

Three reductions involve FedEx Supply Chain facilities, while the remainder affect company Ship Centers.

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Safeguarding Your Cargo in a Disrupted Supply Chain

Supply Chain Brain

In this upcoming webinar, we will delve into the ripple effect of supply chain destabilization and how it magnifies risk in day-to-day freight operations. We will also showcase how adopting the right visibility technology can help you stay ahead of the curve and effectively minimize various risks by providing you with continuous knowledge of your cargo's exact location and condition.

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Recycling more food service packaging needs supply chain support, experts say

Supply Chain Dive

Consultants on a Foodservice Packaging Institute webinar detailed results from three recent studies examining packaging recovery and recycling.

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Suppliers' Spare Capacity During July Came Close to May 2020 Levels

Supply Chain Brain

The GEP Global Supply Chain Volatility Index fell for the sixth consecutive month during 2023 from -0.26 in June to -0.50 in July.

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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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Measuring the impact: Unveiling the savings realized in cloud cost optimization 

IBM Supply Chain Blog

Imagine embarking on a weight-loss journey without having a scale—it’s like sailing through uncharted waters without a compass. The scale serves as your trusted navigator, providing tangible metrics and keeping you on track. Similarly, comprehending the savings realized in a cloud-cost-optimization journey offers valuable insights into the impact of your efforts.

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DHL leans into automation in new Chicago e-commerce facility

Supply Chain Dive

The Illinois facility includes a loop sorter from Honeywell equipped to process up to 40,000 parcels and packages per hour.

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IBM and Tata Consulting Services collaborate to drive hybrid cloud adoption with IBM Power Virtual Server

IBM Supply Chain Blog

Tata Consultancy Services (TCS) is a global information technology services and consulting company with headquarters in Mumbai, India. TCS has deep expertise in digital and business solutions, engineering, and IT infrastructure services. Since its founding in 1968, TCS has been providing world-class services and consulting to clients, consistently delivering transformational results.

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Want to keep good ESG data? Foster its source

HICX

What’s clear from Deloitte’s Global Chief Procurement Officer Survey 2023 is that environmental and social governance (ESG) is now firmly on the corporate agenda. This year, it leapt right up the priority list, from seventh place to second. Elevating ESG, however, is tough to deliver. In practice, it is hugely dependent upon good supplier data, which is notoriously hard to achieve and maintain.

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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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Why Local Sourcing Is The Best Way To Build Social License

Una

Why Local Sourcing Is The Best Way To Build Social License Tips for developing positive relationships with local stakeholders, accessing community resources, and fostering sustainability to build a strong social license. By Hugo Britt | August 15, 2023 Search Search The Beatles once sang that Money Can’t Buy Me Love , and this rule holds true for social license.

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Follow-up Poll for “How many times would you (or have you) bypass company policy to get the job done?” post

Procurement Insights

Yesterday’s post on policy non-compliance has created an “active” discussion on LinkedIn. If you are on LinkedIn I would like to direct to the post and poll to throw your hat into the proverbial ring. Here is the link: If a company policy interfered with your doing a good job, would you bypass it?

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JAGGAER Recognized Again in 2023 Gartner® Hype Cycle™ for Artificial Intelligence

Jaggaer

JAGGAER, a global leader in Autonomous Commerce, today announced that it has been named for the third year in a row as a Sample Vendor in the Gartner® Hype Cycle™ for Artificial Intelligence, 2023.

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Procurement Summit Live Interviews – Part 2: Corporate Procurement Leaders

The Procuretech Podcast

In the second part of our series of live interviews recorded at Procurement Summit in Hamburg, Germany, we dive this time into the practitioner side of digital transformation. Discover how digital transformation and procurement tech is shaping modern procurement leadership, through the captivating stories of three great professionals who joined me in my VW camper van on the exhibition floor.

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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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What advice have you received that has stood the test of time?

Procurement Insights

My career has spanned many decades – and yes, 64 is the new 46, during which I have had the opportunity to meet, talk with at length and do business with some amazing people. That is one of the main benefits of hosting and guesting 900 podcasts and several television and terrestrial radio shows. In short, it is the relationships you forge and what you learn along the way that is the real benefit.

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Suzhou Universal Chain Technology’s digital reshaping with IBM hybrid cloud and AI software

IBM Supply Chain Blog

Suzhou Universal Chain Technology Company (hereafter referred to as Suzhou Universal Chain) and IBM China recently announced the successful development of Suzhou Universal Chain’s enterprise application integration platform and business process automation management platform using IBM hybrid cloud and AI software. This was achieved after six months of dedicated efforts and laid the foundation for reshaping the company into a more digitally advanced and intelligent enterprise.

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Shapiro’s Business Keynote Speakers

Shapiro Negotiations Institute

The ability to be inspired may fuel incredible achievement in the fast-paced world of business. The drivers that light up enthusiasm and encourage creativity within companies are business keynote speakers. Shapiro Negotiations, an internationally recognized leader in coaching and training in negotiation, is at the forefront of this revolutionary movement.

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Take advantage of AI and use it to make your business better

IBM Supply Chain Blog

Artificial intelligence (AI) adoption is here. Organizations are no longer asking whether to add AI capabilities, but how they plan to use this quickly emerging technology. In fact, the use of artificial intelligence in business is developing beyond small, use-case specific applications into a paradigm that places AI at the strategic core of business operations.

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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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Category Management software: How good is it really?

Procurement Software

Category management software was one of the final frontiers for procuretech. Along with services procurement and automated negotiation bots, this is a tougher nut to crack than procure-to-pay. Not any more. There are now four category strategy software solutions on the market who cite this as their primary feature. Add to that list the additional suites and best-of-breeds who also include certain aspects of category management in their offering.

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Debunking observability myths – Part 4: Observability is always expensive

IBM Supply Chain Blog

In our blog series, we’ve debunked the following observability myths so far: Part 1: You can skip monitoring and rely solely on logs Part 2: Observability is built exclusively for SREs Part 3: Observability is only relevant and beneficial for large-scale systems or complex architectures In this article, we will focus on the misconception that “observability is always expensive.” We’ll highlight the significance of cost-effective observability solutions.