Fri.Jun 30, 2023

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Supply Chain Weekly Wrap-Up 06/23/2023-06/29/2023

All Things Supply Chain

The US outlines strategy to bolster chips production The US Department of Commerce (DoC) has unveiled its strategic vision to enhance the semiconductor supply chain in the United States.

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8 US Appliance Parts Suppliers – Top Factors, Choosing Guidelines, Pricing, and Review

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 8 US Appliance Parts Suppliers — Top Factors, Choosing Guidelines, Pricing, and Review The US appliance parts industry experiences a period of significant growth and transformation. These specific industries include construction, agriculture, manufacturing, and transportation.

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Successfully Delivering Digital Twins for Supply Chain Management

Supply Chain Brain

Your supply chain’s digital twin is waiting for you; waiting to start the adoption process will only delay the realization of significant improvements in supply chain performance.

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9 Best US Lumber Suppliers – Industry Outlook, Considerations, Pricing, and Reviews

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 9 Best US Lumber Suppliers — Industry Outlook, Considerations, Pricing, and Reviews The US based Forest Economic Advisors, LLC (FEA) predicted a 16% US housing drop in 2023. Mortgage rates and its rising interest are the top players in the slow housing economic return in 2023.

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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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Baptist Health South Florida Triples Productivity by Optimizing Picking Through Voice and Work Orchestration

Supply Chain Brain

In 2015, Baptist Health South Florida, an internationally recognized healthcare network and one of the largest not-for-profit healthcare providers in the region, adopted a self-distribution strategy, to contain supply chain costs, reduce the amount of space used for inventory at hospitals and ultimately, help provide better care.

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4 issues challenging the logistics market

SCMR (Supply Chain Management Review)

Supply chains continue to become more responsive, and providers are developing more solutions than ever, but there are still issues that industry stakeholders are battling.

More Trending

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At Colgate, supply chain and sustainability come from the same tube

Supply Chain Dive

The CPG aims to reduce plastic waste and its carbon footprint as part of its environmental strategy.

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United States: 2022 Cargo Theft Report

Supply Chain Brain

In 2022, 1,090 incidents of cargo theft were recorded in the US. In order to highlight the various factors behind these cargo crimes, Overhaul has released our 2022 Annual Report, which compiles data regarding stolen loads by product type and thefts by date, location, Modus Operandi (M.O.), value, and specific product.

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UPS pledges to reach deal with Teamsters by July 5, union says

Supply Chain Dive

The vow came along with a revised offer providing "significant movement on wages and other economic language," but the Teamsters say it still isn't enough.

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Understanding Model Accuracy Risk Prediction

Supply Chain Brain

Data drives every supply-chain risk management decision. So, the data and the modeling need to be exceptional. But not all data and modeling are equal. Which begs the question, “How do I know whether I’m getting an accurate read on my risk exposure from the solution I’m using?

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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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Improving supply chain resiliency in the industrial sector

IBM Supply Chain Blog

The industrial sector is facing a perfect storm when it comes to their supply chains: an outdated reliance on manual processes, raw materials demand that will likely outpace supply, as well as potential resource constraints. This is not only impacting the sector’s ability to meet consumer expectations by delivering the products customers need when they need them.

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Home Depot Reducing Its Supply Chain Capabilities by $500M

Supply Chain Brain

By reducing its capacity, the organization believes it'll remain on track for its earnings guidance from this quarter, which will see sales decline by 2% to 5% from 2022.

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Building a sustainable automotive supply chain

IBM Supply Chain Blog

The average age of the US light vehicle fleet is now more than 12 years old , which means that they are going to need parts for maintenance​ sooner rather than later. Pair that with a semiconductor shortage amidst global car sales that are forecasted to top 69 million , and you can understand that disruptions in the automotive supply chain would be detrimental to the industry.​ Many companies are beginning to recognize that rebuilding supply networks is imperative to remain viable in

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Fast-Track Labor Talks on East Coast Hit a Snag

Supply Chain Brain

The stance signals a tougher line for negotiations covering ports from Texas to Maine, as West Coast dockworkers prepare to vote on a tentative agreement.

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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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Egg supply recovers as bird flu subsidies

Supply Chain Dive

May production levels totaled a record 9.37 billion eggs, with cases of highly pathogenic avian influenza dwindling.

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The Last Mile In Supply Chain is Longer Than Expected. How Can AI Fix it?

Supply Chain Brain

The last mile of the supply chain has become a defining aspect of modern retail. Businesses can transform their supply chain operations by harnessing the power of AI.

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CPKC, CSX to create rail corridor connecting Mexico, Texas and the Southeast U.S.

Supply Chain Dive

As part of the deal, the railroads would acquire or operate portions of the Meridian & Bigbee Railroad track between Mississippi and Alabama.

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Five Steps to Ensuring Supply Chain Solutions Implementation Success

Supply Chain Brain

Supply chain organizations and vendors both need to understand the business problems faced by the client organization. Baseline data is the starting-off point of a supply chain technology implementation and provides an indication of where a project needs to go.

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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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Supply chain visibility in the energy and utilities industry

IBM Supply Chain Blog

For the energy and utilities industry (E&U), time is not on their side. Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. But with the right tools, tactics and collaboration, it doesn’t have to be this way. The key? Visibility. Simply knowing what maintenance repair parts, you have in-stock, at what levels, and in which locations, can mitigate a big portion of the possibility of un

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CJ Logistics and KOBC Investing $457M in Large-Scale U.S. Logistics Centers

Supply Chain Brain

KOBC will be in charge of securing funding for the centers while CJ Logistics will be responsible for operating the facilities.

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Delivering on promise and purpose in the retail supply chain

IBM Supply Chain Blog

Today’s consumers want to know that retailers and brands are aligned with their values. So, while retailers can—and must—use technology as their differentiator, to win the lion’s share of consumer hearts, retail leaders must deliver on promises and purpose. When it comes to the latter, retail leaders are also facing new government regulations that make sustainability promises a must-have rather than a nice-to-have.

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What Manufacturers Need to Know About Mexico’s IMMEX Program

Supply Chain Brain

IMMEX is a program that enables foreign companies to operate in Mexico under a preferential, low-tax cost structure.

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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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Service Desk Automation: Clear Examples of How to Leverage It

Pipefy

What is service desk automation? Service requests are among the most critical aspects of the work IT teams and help desks do. They operate as both task conveyors and communication lines between the customer and the service provider. Companies that get service requests right provide quick help and ample assurance to clients that their issues are a priority.

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Element 25 Agrees to Supply GM with Manganese Sulfate

Supply Chain Brain

GM will loan E25 $85 million to partially fund the construction of a new battery-grade manganese sulfate processing facility located in Louisiana.

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Overcoming finance challenges: A comprehensive guide for finance leaders

Fraxion

In today's rapidly evolving business landscape, financial managers play a critical role in ensuring the financial health and success of their organizations. As a financial leader, you face numerous challenges that require proactive strategies and effective tools to navigate complex financial environments. In this guide, we will explore the common difficulties encountered by finance managers and provide actionable tips to help you overcome these challenges.

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CPO Rising Listicle: Top Barriers to CPO Success in 2023

CPO Rising

Fridays (in 2023) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.

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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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The Role of Managed Procurement Services in Supply Chain Optimization

Empowering CPO

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. This transformation has been driven by a combination of rapidly evolving technologies, changing consumer expectations, and an increasingly interconnected global economy. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services.

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AI in recruitment

IBM Supply Chain Blog

Building an efficient and effective recruitment process is especially relevant in tight or competitive job markets. According to the U.S. Chamber of Commerce , there were more than 10 million job openings in the spring of 2023, but only 5.7 million unemployed workers in the U.S. That puts workers at an advantage, allowing them to negotiate for higher pay, better benefits and conditions that create a more favorable work-life balance.

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The Comprehensive Guide to Managed Procurement Services

Empowering CPO

Introduction Welcome to our comprehensive guide to managed procurement services. As a procurement services company, EmpoweringCPO is delighted to provide you with insights and information that will help you understand, evaluate, and leverage these services for your business. So, what exactly are managed procurement services? In simple terms, they are a suite of services where a third-party provider, like EmpoweringCPO, manages various procurement functions on behalf of an organization.

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10 Corporate Gift Suppliers in the US – Pricing and Quality Reviews

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 10 Corporate Gift Suppliers in the US — Pricing and Quality Reviews Every company has its own tradition, practices, shared values, and goals. Thus, it boils down to one thing, company culture. And that is one consideration every job seeker looks when searching for a job.

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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.