Wed.Oct 04, 2023

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Applying AI to Supply Chain Network Design

Supply Chain Brain

Supply chain leaders are trying to understand the best way to integrate artificial intelligence and large language models into their existing set of tools.

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Common Grounds: Unleashing innovation and growth through partnership

IBM Supply Chain Blog

At IBM, we believe we can make greater progress together. Our purpose is to be the catalyst that makes the world work better—and our partners are key to this mission. Together with our partners and clients, we work to solve the most complex challenges with AI and hybrid cloud. Last year, we launched our “ Common Grounds ” video series to showcase the value of partnership and how we’re better together.

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Watch: Achieving Supply Chain Resilience Through Visibility

Supply Chain Brain

John Donigian, senior director of product strategy with Moody’s Analytics, discusses the importance of promoting visibility, collaboration and data exchange across the extended supply chain.

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Q3 2023 Insider roundup: A deep dive into procurement tech market movements; updated coverage of 13 vendors

Spend Matters

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

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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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U.S. Going After Chinese Companies Involved in Fentanyl Supply Chain

Supply Chain Brain

The sanctions and charges, which were brought on by the U.S. Attorney’s Offices in Florida as well as the Federal Treasury Department on October 3, were strongly condemned by China.

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Parcel carriers’ on-time performance recovers to pre-COVID levels: project44

Supply Chain Dive

The improvement suggests delivery providers are entering the peak shipping season in ideal conditions, the company said.

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Why Fire Shutter Doors Are Important In Industrial Settings

SCMDOJO

Industrial settings are at high risk of fire through machinery, flammable substances, dust and debris from production processes , electrical hazards, or hot conditions caused by welding, soldering and brazing operations. The need to put in place adequate protection measures is essential, and measures such as fire shutter doors should be considered to reduce the risk of fire spreading and causing more damage.

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Inside Target’s Store-as-a-Hub Supply Chain

SCMR (Supply Chain Management Review)

Target Chief Supply Chain and Logistics Officer Gretchen McCarthy explained Target’s $7 billion investment, which includes new store designs, to manage its in-store experience and optimize related assets for the benefit of its customers.

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U.S. Regulators Claim Amazon Used Secret Algorithm to Increase Prices

Supply Chain Brain

The algorithm allowed Amazon to improve its profit on items across numerous shopping categories, which caused competitors mimicking the retail giant to raise their prices.

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How do double marginalization and the Metaprise play a critical role in data management and use, e.g., harnessing the promise and power of your data?

Procurement Insights

“There are NO Perils of Big Data in Procurement! (In fact, it’s the lack of Big Data leading to so many failures … but that’s a different rant …)” – Michael Lamoureux, LinkedIn (September 2023) Michael Lamoureux , your post reminded me of a 2007 post on Double Marginalization. – [link] Specifically the following two excerpts: “According to a Robert Schenk paper, a downward sloping demand curve occurs when a buyer must “expend time and

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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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South Carolina Ports Authority cargo volumes drop 9% in August

Supply Chain Dive

The ports anticipate a slower peak season due to lower consumer demand.

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How to Avoid Greenwashing Claims — Through Data

Supply Chain Brain

Brands want to supply the sustainable products that consumers demand, yet they must walk a fine line when it comes to promoting those products to avoid accusations of greenwashing.

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NEW WEBINAR — Revolutionizing P2P: Exploring the Digital Future

CPO Rising

Join Ardent Partners and Tipalti on October 5th (2 PM ET) for a webcast on Revolutionizing P2P: Exploring the Digital Future. In today’s rapidly evolving financial landscape, the rising cost of capital has fundamentally changed cash management’s criticality and bottom-line impact.

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EU Formally Opens Subsidies Probe into EVs Made in China

Supply Chain Brain

The probe will focus on new battery-powered electric vehicles (BEVs) and alleged subsidies granted by the Chinese state, a legal notice in the EU’s official journal confirmed October 4.

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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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"In the North East of England, social value isn't a choice. It's a necessity" – Using local government procurement as a force for good

Spotlight on Procurement

Darren Knowd MBA, (Durham) MCIPS, Head of Procurement, Sales and Business Services at Durham County Council, discusses procurement at a local government level and the importance of social value.

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Ford Sales Rose in the U.S. During the Third Quarter

Supply Chain Brain

Ford saw its sales of electric vehicles, hybrids and trucks each increase by double-digit percentages during the third quarter of 2023.

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Achieve your AI goals with an open data lakehouse approach

IBM Supply Chain Blog

Artificial intelligence (AI) is now at the forefront of how enterprises work with data to help reinvent operations, improve customer experiences, and maintain a competitive advantage. It’s no longer a nice-to-have, but an integral part of a successful data strategy. The first step for successful AI is access to trusted, governed data to fuel and scale the AI.

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Russia, Saudi Arabia Extend 1.3M Barrel/Day Oil Cuts to the End of 2023

Supply Chain Brain

The reductions are part of previously announced voluntary cuts led by Russia and Saudi Arabia totaling 1.7 million barrels per day.

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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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Seven key insights on GraphQL trends

IBM Supply Chain Blog

GraphQL has emerged as a key technology in the API space, with a growing number of organizations adopting this new API structure into their ecosystems. GraphQL is often seen as an alternative to REST APIs , which have been around for a long time. Compared to REST APIs (or other traditional API specifications), GraphQL provides more flexibility to API consumers (like app developers) and delivers many benefits, along with a few new challenges to API development and delivery.

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