Wed.Feb 07, 2024

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What Does the Aging Demographic Mean for Medical Supply Chains?

All Things Supply Chain

Medical supply chains have endured a number of public health crises, from the HIV epidemic to viral outbreaks to substance abuse to the recent COVID-19 pandemic.

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The U.S. Bought More Goods from Mexico than China in 2023

Supply Chain Brain

Mexican exports to the U.S. topped out at $475.6 billion, beating China which saw its exports to the U.S. fall by 20% year-over-year to $427.2 billion.

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Sustainability trends: 5 issues to watch in 2024

IBM Supply Chain Blog

In 2024, sustainability is taking center stage. Efforts to track and reduce emissions, environmental impact and contributions to climate change are no longer rare or optional; instead, they’ve become the norm. Businesses, governments and individuals now see sustainability as a global imperative. Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them.

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Sports gear retailer deploys autopicker robots

Supply Chain Dive

The Feed expects the robots will enable the warehouse to fulfill 5,000 orders per day, and plans to complete integration by the end of March.

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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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LG Chem, GM Sign $18.6B Battery Materials Supply Deal

Supply Chain Brain

The South Korean chemical company said that it would supply GM with at least 500,000 tons of cathode materials through 2035, enough to manufacture batteries for 5 million EVs.

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Upcoming Indo-Pacific trade deal adds to US supply chain priorities

Supply Chain Dive

Meant to boost collaboration and resiliency among trade partners, member countries will make their picks for key committees in the coming months.

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Mercanis: Vendor Analysis — S2C solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Mercanis, a newcomer in the upstream suite landscape. It was created in response to the growing need for organizations to streamline and improve their procurement operations through the adoption of digital solutions. To achieve that, Berlin-based Mercanis focuses on flexibility — specifically, on providing a modular and configurable platform that customers can adapt to their needs and grow over time — and usability to ensure a wide and low

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Nearshoring to Mexico in 2024: What to Consider Before You Relocate

Supply Chain Brain

Companies considering a move to Mexico should make sure that their nearshoring strategies are built from a rigorous planning process.

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UPS to cut sorting shifts, make layoffs in 3 more states

Supply Chain Dive

The reductions in Connecticut, Maryland and Oregon come as UPS tries to match its network capacity with delivery demand.

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Approve EU Supply Chain Law, Say Investor Groups

Supply Chain Brain

Though Germany cannot derail the legislation by itself, the measure could be in danger if it receives opposition from other major EU countries, including Italy.

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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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Foot Locker COO names 4 skills crucial to supply chain leaders

Supply Chain Dive

Global awareness was one skill Elliott Rodgers highlighted during remarks at Manifest Vegas 2024.

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Supply Chain Tech Does the Heavy Lifting for Titan Brands

SCMR (Supply Chain Management Review)

Titan Brands has implemented a suite of technology solutions to help it meet the growing demand for its products and reduce the order-to-ship timeline.

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GM, LG Chem ink $19B cathode material supply deal

Supply Chain Dive

The South Korea-based chemical maker will supply the automaker with enough CAM to power five million EVs.

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Cut Carbon in 2024 by ‘Marketing’ to Suppliers

HICX

By Anthony Payne, CMO for HICX The new year is a good time to reflect on the environment and what can be done to manage climate change. The key action, reducing carbon emissions, has been adopted by major manufacturing brands, and each year their deadlines — like halving emissions by 2030 to reach net zero by 2050 — edge closer. Manufacturing brands are nevertheless making slow progress.

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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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We’re exhibiting at Procurement Strategies and Innovation 2024

Positive Purchasing

We are delighted to be sponsoring Procurement Strategies & Innovation (PSI) on 5 March 2024! Formerly known as eWorld Procurement & Supply, this is the UK’s technology showcase for procurement professionals. Since February 2001, more than 10,000 procurement professionals have attended this unique platform for learning and sharing knowledge about the myriad of developments that have transformed purchasing and supply chain processes in the 21st Century.

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A fresh take on sustainability goals

HICX

Costas Xyloyiannis, CEO of HICX, discusses why it’s time for leaders to take a fresh view of the data problem, and plan to reduce emissions. The start of the year is a good time for business leaders to consider their progress against net zero commitments. It also nudges us nearer to carbon-cutting milestones, the nearest of which is in 2030. By this time, businesses across the globe need to have halved their carbon emissions.

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FAA Chief Says Boeing’s Repeat Lapses Led to Tighter Oversight

Supply Chain Brain

The agency expects to have enough data from an investigation launched after the accident to make initial recommendations as soon as late February, the FAA said February 5.

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Modern Strategies for Navigating Check Fraud in Today’s World

Jaggaer

JAGGAER's latest news on procurement & sourcing. Read now: Modern Strategies for Navigating Check Fraud in Today's World.

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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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Procurement News — February 7, 2024

CPO Rising

Welcome to our first Procurement News of 2024, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with your news story here. Procurement Executive News Eric Galkin Promoted to CSCO at Paris Baguette MOONACHIE, N.J.

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The case for separating DNS from your CDN 

IBM Supply Chain Blog

If you’re signing on with a content delivery network (CDN) provider, you’ll probably see DNS as part of the standard service package. It’s only natural—to access your content delivered by the CDN, the Internet has to know where to send the traffic. CDNs make it easy to configure and manage those DNS settings. It’s easy to accept DNS services as part of a CDN package.

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1998 to 2007 to 2024 DND, Virginia and Colgate-Palmolive’s Timeless Formula For Digital Procurement Success

Procurement Insights

EDITOR’S NOTE: Technology has and will continue to evolve from punch cards, floppy disks, and CP/M to Windows, Zettabytes, and AI; the one constant piercing the timeline is that technology alone has little to do with digital procurement success, but stakeholder communication and collaboration. Check out the three case references below to learn about the common thread of success over the past quarter century: 1998 – Department of National Defence – Are you chasing solutions or

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Lead Generation vs. Lead Prospecting: Goals, KPIs, Tactics

The Thomas Blog

In sales and marketing, lead generation and lead prospecting are vital processes that lay the foundations for the identification and nurturing of a progression of potential customers. While the two terms are regularly used interchangeably, they represent unique and distinct stages in the customer-acquisition journey. Image Credit: Shutterstock.com/Ivelin Radkov Lead generation is the first step in the customer-acquisition process.

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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?