Mon.Nov 06, 2023

article thumbnail

How can the Lean Six Sigma methodology be applied to Supply Chain problems?

All Things Supply Chain

The first mentions of Lean Six Sigma date back to the late 1990s and early 2000s.

article thumbnail

Global Supply-Chain Pressure Hits Record Low, NY Fed Gauge Shows

Supply Chain Brain

Global logistics difficulties are at the lowest in 26 years as transportation costs keep declining, according to the Federal Reserve Bank of New York's Global Supply Chain Pressure Index.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Latest research: CPO Compass 2024

Procurement Leaders

In partnership with GEP: Insights into the long-term technological, geopolitical and ESG trends that will impact procurement teams this decade

article thumbnail

Using Computer Vision to Inspect Incoming Boxes for Damage in the Warehouse

Supply Chain Brain

Intel sets out to replace an arduous and time-consuming manual process for inspecting damaged boxes in the warehouse, with an automated system that employs computer vision and artificial intelligence.

111
111
article thumbnail

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.

article thumbnail

AI in Procurement and ‘Autogmentation’ Part 1 — (Procurement) technology is more than automation to replace people

Spend Matters

Technological progress has revolutionized the business world, transforming industries and redefining work. For procurement professionals and solution providers, understanding the evolution of technology and its impact is crucial for staying competitive in the ever-changing market. From the early days of mechanization and automation to the digital age, technology has continuously improved efficiency and effectiveness in business operations.

article thumbnail

4 ways to empower small and medium businesses with generative AI

IBM Supply Chain Blog

In a tightening economy, small and medium businesses (SMBs) are challenged to grow while protecting thinning margins. Compared to large businesses, SMBs have fewer resources to help them weather an economic downturn or diversify into new value streams. As such, enterprises that serve SMBs must provide solutions that lessen administrative burdens and deliver tangible value.

Price 108

More Trending

article thumbnail

???????‘Overstaffed’ FedEx tells unhappy pilots they can join American Airlines

Supply Chain Dive

Air cargo demand remains down at FedEx and other carriers, but passenger airlines continue to hire pilots at a strong pace, a VP told crew members in a memo.

Demand 102
article thumbnail

Smart Factory and Supply Chain Technology Can Improve Healthcare for Patients and Providers

Supply Chain Brain

Investing in and implementing smart sourcing and manufacturing solutions is not a quick and complete fix for today’s drug and device shortages, but it can help.

article thumbnail

IRS bumps 401(k) contribution limit to $23K for 2024

Supply Chain Dive

The $500 increase affects all salaried employees, whether at retailers, warehouses, manufacturers, trucking firms or other employers.

101
101
article thumbnail

Managing Reusable Packaging Containers With Sensor-Driven Asset Intelligence

Supply Chain Brain

A leading supplier of reusable packaging containers seeks to boost visibility and cut down on losses within a network of millions of units, with a method that makes economic sense. Roambee provides the innovative solution.

article thumbnail

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.

article thumbnail

Corrugated box industry cuts a box’s greenhouse gas emissions in half

Supply Chain Dive

Corrugated boxes’ environmental impact substantially reduced, greenhouse gas emissions cut in half.

113
113
article thumbnail

Estes Boosts Pickup Data Visibility in Collaboration With Worldwide Express

Supply Chain Brain

Estes Express Lines achieves “clear line of sight” with a new visibility application, tailored to customer preferences defined by WWEX, a third-party logistics provider specializing in serving small to medium-sized shippers.

article thumbnail

Moody’s: Carbon Offsets Open Up Supply Chains to Financial, Reputational Risks

SCMR (Supply Chain Management Review)

A new report from Moody’s finds that companies that rely on buying carbon offsets as an emissions-reduction strategy could face financial and reputational harm.

Risk 89
article thumbnail

Introducing 1Exiger Supply Chain Platform and UX

Supply Chain Brain

1Exiger offers customers a simplified view of how they do business with preferred vendors and suppliers to protect against disruption and the risk of reputational harm.

article thumbnail

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.

article thumbnail

Pivot Bio taps former Corteva exec to lead supply chain operations

Supply Chain Dive

The appointment of industry veteran Balaji Venkataraman will help the biofertilizer startup scale manufacturing and logistics capabilities.

article thumbnail

Supply Chain Innovation 2023: It’s Happening Everywhere

Supply Chain Brain

We congratulate all of the finalists in this year’s SCIA competition, who reflect the quantity, quality and scope of innovations that are being devised by supply chain leaders everywhere.

article thumbnail

Q3 Commercial Construction Starts Fall 37% vs. Q2

SCMR (Supply Chain Management Review)

The latest data from commercial real estate firm CBRE found that third-quarter construction starts fell 37% from Q2 and are down 64% year-over-year.

Data 80
article thumbnail

Achieving High-Volume Throughput Performance for Subscription Fulfillment

Supply Chain Brain

A case study about a flexible and scalable fulfillment strategy for handling order for a major personalized beauty subscription company.

article thumbnail

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

article thumbnail

Boeing, Spirit AeroSystems push to re-up 737 production

Supply Chain Dive

Delivery shortfalls this quarter have been driven by supplier quality issues in the aft pressure bulkhead.

Quality 88
article thumbnail

Lost en Route: Ambient IoT Ensures Shipments Reach the Right Destination

Supply Chain Brain

As the popularity of e-commerce grows, companies struggle with the business risk of misloaded packages. New supply chain visibility solutions can help fix the problem.

article thumbnail

Inventory Optimization, It’s Complicated

SCMR (Supply Chain Management Review)

Master the Art of Inventory Optimization in the Post-Pandemic World. Register now for our Webinar!

article thumbnail

Cyber Scams and High-Tech Heists: Securing Freight in the Age of Strategic Cargo Theft

Supply Chain Brain

Fortunately, shippers can defend themselves against these forms of transport theft.

105
105
article thumbnail

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?

article thumbnail

US Ports to Share $653M in Funding to Improve Throughput, Reduce Emissions

SCMR (Supply Chain Management Review)

41 U.S. ports will share in $653 million in new investment from the federal government, the Biden administration announced last week.

74
article thumbnail

IBM Uses AI and Visibility Tools to Boost Efficiency

Supply Chain Brain

IBM, a pioneer in the development of artificial intelligence, deploys the ground-breaking technology to make real-time predictions about the status and shipment of sales orders.

article thumbnail

How Pharmaceutical Brands can be Resilient: Let’s approach Supply Chain Resilience Holistically

HICX

By Costas Xyloyiannis, CEO of HICX While inflation and economic pressures, such as the recent US price reforms, force pharmaceutical brands to be even more frugal than usual, they will do well to not tackle cost efficiency as a solo issue. Brands require resilience in various areas, and chief among these is compliance. Stringent regulations must be followed, although the supply chains from which they are navigated, are incredibly complex.

article thumbnail

Watch: A Conversation With CSCMP's Mark Baxa

Supply Chain Brain

Mark Baxa, president and chief executive officer of the Council of Supply Chain Management Professionals, sits down with us at the EDGE 2023 conference with an update on the organization's mission.

article thumbnail

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.

article thumbnail

Procurement Horror Stories

Arkestro

Webinars / Procurement Horror Stories Procurement Horror Stories Shannon Kreps VP of Marketing at Arkestro Robyn Sablosky Senior Product Manager for Machine Learning at Arkestro Susan Walsh Founder of The Classification Guru Summary: Hear from Arkestro’s machine learning expert, Robyn Sablosky, and The Classification Guru, Susan Walsh, as they unravel the intricacies of data cleaning, classification, and analysis.

article thumbnail

372: Women in Supply Chain, T.J. Kragenbrink

Let's Talk Supply Chain

 In today’s episode of Women In Supply Chain, I’m joined by T.J. Kragenbrink – former calculus teacher and Harvard alum turned actuarial studied work-from-home mama, driving operational efficiencies in the post-purchase return experience for busy consumers everywhere. After achieving her master’s from Harvard, T.J. became a mathematics teacher before changing direction to enter the busy world of supply chain.

article thumbnail

Build Rapport with Glen Poulos’s “Watch Your Weekend Problem” Strategy

Negotiations Ninja

Glenn Poulos has been in sales since 1985. His first six years in sales were spent as an employee. When his company wouldn’t allow him to start his own spin-off, he quit and started his own company—which he ran for 15 years.

article thumbnail

AI will not replace humans, humans with AI will replace humans without AI – Agree or Disagree?

Procurement Insights

Data, AI, the Fear of the Black Box, and Job Loss – Invest 8:45 of your time to find the answers to four critical AI-related questions.

Data 56
article thumbnail

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.