Tue.Oct 31, 2023

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Supply Chain Resiliency: Driving Innovation Through Evolution

Supply Chain Brain

Ongoing disruption requires companies to make a fundamental shift in their supply chain strategy. What makes this transformation so difficult is that the scope of change required is extensive, involving many internal (and external) stakeholders, data and technology.

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Ground parcel delivery costs fall as carriers offer up discounts

Supply Chain Dive

The pricing environment has shifted in favor of shippers with demand cooling off, according to the TD Cowen/AFS Freight Index.

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Over 75% of Companies Consider Using Tech to Improve Product Development

Supply Chain Brain

Responders raised concerns about workforce productivity with 62% of interviewees claiming they are training existing staffers in order to enhance their skills and productivity.

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Microsoft adds AI-enabled demand planning features to supply chain tools

Supply Chain Dive

The tech company deployed the features to its Dynamics 365 Supply Chain Center product in a bid to help customers reduce inventory and increase working capital.

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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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7 Signals for Supply Chain Planning Success

Supply Chain Brain

Seven Signals for Supply Chain Planning Success" is a guide simplifying the complexities of supply chain management by highlighting key indicators crucial for understanding and optimizing your business's health, eliminating the need for uncertain future gambles.

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Walmart opens third ‘next gen’ fulfillment center in Texas

Supply Chain Dive

The 1.5 million square-foot facility in Lancaster, Texas will enable faster delivery as the retailer prepares for the holiday season.

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More Trending

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Inventory Pressures, Visibility Improvements Among Issues Challenging Supply Chain Managers

SCMR (Supply Chain Management Review)

Companies are facing the desire to increase inventory risk management strategies while balancing cash flow needs according to a new McKinsey survey.

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The Supply Chain Disruption Survival Guide

Supply Chain Brain

This report delves into the crucial relationship between last mile delivery solutions and preparedness for potential supply chain disruptions, notably major carrier strikes.

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Amazon tweaks tech to create first 100% fiber-focused fulfillment center

Supply Chain Dive

Two main technologies are being tested at an Ohio facility to determine how best to transform other facilities to handle only fiber — not plastic — packaging.

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Bottoming Out: Freight Rate Rebound Poses Risk for Shippers

Supply Chain Brain

Data analytics point to a market inversion: Rising spot rates are about to exceed contract rates for the first time since early 2022. The history of such inversions tells us that contract rates will follow the upward path of spot rates after a few months’ lag. How can shippers take steps to protect their profits in this new environment?

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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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Walgreens pauses expansion of micro-fulfillment centers

Supply Chain Dive

The drugstore chain is looking to improve its rollout process for the facilities before opening another five centers.

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IDC: The Utility of AI in Supply Chain Planning

Supply Chain Brain

Read the IDC Analyst Connection sponsored by SAP, “The Utility of AI in Supply Chain Planning,” to explore how forward-thinking companies are already using AI.

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Port of New York and New Jersey cargo volumes drop 22% in September

Supply Chain Dive

The year-over-year decline shows a reflection of resettling cargo volumes, the port said.

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Using Data Science to Drive Continuous Improvement in the DC

Supply Chain Brain

Data analysis can also be used to compare the performance of different facilities to understand where improvements need to be made. Companies considering technology investments to optimize DC operations should do so sooner rather than later.

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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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What Are the Biggest Supply Chain Risks Lurking This Halloween?

Procurement Insights

When it comes to supply chain risk, Halloween isn’t just on the 31st of October. That said, the 31st does seem to be an appropriate date to ask yourself what supply chain risks are hiding that you don’t see or expect? In short, what risk would be your worst “jump scare?

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Accelerating Business Growth in the Service Economy: Transforming Service Management for Success

Supply Chain Brain

Learn how the business landscape is experiencing a rapid and unprecedented transformation across the globe, primarily driven by continuous technological advancements, evolving customer preferences, and the rise of service-oriented economies.

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Retail in Reverse: Surveying the state of returns

SCMR (Supply Chain Management Review)

A Supply Chain Management Review/ Peerless Research Group survey finds that retailers are adapting but there is still work to be done on reverse logistics.

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Watch: Answers to Three 'Whys' in the World of Trucking

Supply Chain Brain

Anshu Prasad, co-founder and chief executive officer of Leaf Logistics, explains why the freight business is caught in an endless cycle of boom and bust.

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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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Change Management Tips for Procurement Professionals

Una

Change Management Tips for Procurement Professionals Practical change management tips for overcoming resistance from stakeholders and getting your procurement changes to stick for good. By Hugo Britt | October 31, 2023 Search Search You know how kids sometimes resist trying new foods, even if they turn out to be delicious? Anyone who has been around small children knows how it goes… You slave over a meal only to be met with disgust.

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Two Considerations in Building Trustworthy Supply Chain AI Models

Supply Chain Brain

How does the data that fuels artificial intelligence models impact accuracy and utility? In other words, can we trust it to provide useful intelligence?

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Art of Procurement Acquires Buyers Meeting Point and MyPurchasingCenter

Art of Procurement

Art of Procurement, a media company focused on the value potential of corporate procurement and supply management, has announced its. The post Art of Procurement Acquires Buyers Meeting Point and MyPurchasingCenter appeared first on Art of Procurement.

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Dominion Wins Approval for Biggest-Yet U.S. Offshore Wind Farm

Supply Chain Brain

The Coastal Virginia Offshore Wind project is set to encompass as many as 176 turbines installed approximately 23.5 nautical miles off Virginia Beach.

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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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Fortifying the future: Procurement’s role in building resilient organizations

SCMR (Supply Chain Management Review)

The need to establish resilient supply chains capable of withstanding and swiftly recovering from disruptions has become a strategic imperative.

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Local Leaders Scrutinizing Railroad Infrastructure More Following Ohio Derailment

Supply Chain Brain

Some politicians are urging companies to speed up their rail infrastructure improvement projects in order to prevent any future accidents.

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Going “GLOCAL” The case of the 10,000-pound cotton “dirt-to-shirt” project

SCMR (Supply Chain Management Review)

Taking the 3T approach—transportation, transparency, and trust—allows TS Designs to create global products locally.

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Automated Right-Sized Packaging Solutions for E-Commerce

Supply Chain Brain

Download our free eCommerce industry guide to learn how an automated right-sized packaging solution can streamline process flows and boost customer satisfaction.

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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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JAGGAER Announces Integration with Trustpair

Jaggaer

JAGGAER's latest news on procurement & sourcing. Read now: JAGGAER Announces Integration with Trustpair.

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“Dirty” Vehicles on London Roads Almost Halved Since June

Supply Chain Brain

Roughly 77,000 fewer non-compliant vehicles were detected on an average day in London during September 2023, a 45% decrease from June 2023.

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Predictive Procurement orchestration – Edmund Zagorin from Arkestro

The Procuretech Podcast

In this episode of The Procuretech Podcast, host James Meads welcomes back Edmund Zagorin, Founder and Chief Strategy Officer of Arkestro. They discuss the use of predictive models in various areas of procurement and supply chain. Tune in for an insightful and forward-thinking conversation about the future of procurement and technology. Predictive procurement orchestration: what is it?

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Americans Will Spend Over $12B on Candy for Halloween

Supply Chain Brain

The rise in Halloween candy spending could be partly attributed to candy and gum prices growing by 7.5% year-over-year during September 2023.

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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.