Mon.Jan 22, 2024

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How to handle a ransomware attackĀ 

IBM Supply Chain Blog

It’s the news no organization wants to hear―you’ve been the victim of a ransomware attack, and now you’re wondering what to do next. The first thing to keep in mind is you’re not alone. Over 17 percent of all cyberattacks involve ransomware —a type of malware that keeps a victim’s data or device locked unless the victim pays the hacker a ransom.

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AI Simulation Takes Its Place Among Supply Chain Forecasting Tools

SCMR (Supply Chain Management Review)

AI simulation is able to generate possible outcomes in the supply chain, going beyond what traditional AI and machine learning is currently capable of, says Cosmo Tech CEO Michel Morvan.

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The dynamic forces behind data center re-transformationĀ 

IBM Supply Chain Blog

Data centers are undergoing significant evolution. Initially, they were massive, centralized facilities that were complex, costly and difficult to replicate or restore. Now, advancements in hardware and software as well as increased focus on sustainability are driving rapid transformation. Catalysts and conundrums A dramatic shift in development and operations is making data centers more agile and cost-effective.

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Disruptions Remain a Cog in the Automotive Supply Chain Wheel

SCMR (Supply Chain Management Review)

The automotive supply chain survived the semiconductor shortage, but there are plenty of potentially unsettling disruptions on the docket for 2024.

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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, whatā€™s the best path forward to leverage this yearā€™s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEPā€™s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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Ocean Network Express Announces Order for 12 Methanol Dual-Fuel Containerships

Supply Chain Brain

The vessels are designed to flex between methanol and conventional diesel bunker fuel and will include technologies such as optimized hull form, waste heat recovery systems and bow windshield.

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Will parcel shippers use fewer delivery providers in 2024?

Supply Chain Dive

Aggressive discounting from FedEx and UPS pose a threat to carrier diversification, but competitors are striking back.

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GDPR compliance checklist

IBM Supply Chain Blog

The General Data Protection Regulation (GDPR) is a European Union (EU) law that governs how organizations collect and use personal data. Any company operating in the EU or handling EU residents’ data must adhere to GDPR requirements. However, GDPR compliance is not necessarily a straightforward matter. The law outlines a set of data privacy rights for users and a series of principles for the processing of personal data.

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Five Criteria for Choosing Your Next E-Commerce Delivery Partner

Supply Chain Brain

This guide helps you navigate the complexities of the choice, ensuring that your chosen partner not only aligns with your brand's goals, but also elevates your customers' experience.

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3 reasons supply chain visibility is vital to retail resilience

Supply Chain Dive

Retail and CPG brands face ongoing disruption, but MK Matus, Senior Value Engineer at Celonis believes supply chain visibility will make those brands more flexible and adaptable.

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ORTEC to Showcase Supply Chain Solutions Suite

Supply Chain Brain

Mat Witte, senior vice president of ORTEC, offers a look at the company's Supply Chain Solutions Suite, to be showcased at Manifest 2024 in Las Vegas.

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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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Lamb Weston begins ERP transition for North America operations

Supply Chain Dive

The shift has involved a production pause and reduced shipping activity due to short-term inventory visibility constraints.

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LexCheck: Vendor Analysis ā€” Contract analytics solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of LexCheck and its contract analytics solution. A leading provider in the contract markup segment, LexCheck has an established reputation for its strong pre-configured playbooks and has recently made advancements in AI, including generative AI. As a markup-focused solution, LexCheckā€™s purpose is to save time spent reviewing documents and identify potential risks a human reviewer may miss.

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Giant Eagle to open first automated micro-fulfillment center

Supply Chain Dive

The grocer will use the Pittsburgh facility to fulfill curbside pickup orders.

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For What Itā€™s Worth: Tackling the supply chain digital transformation shortage, optimizing your negotiations amidst all of the chaos, and COVID four years laterā€

Procurement Insights

MUSING #1 In the age of information, it’s surprising that supply chain digital transformation isn’t as readily available as one would expect. Have you ever wondered why? – Nate Morrison My Thoughts (For What It’s Worth) The short answer: Because digital transformation is seen as a technology issue – and there isn’t a shortage of technologies.

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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 ā€” Next-Gen Procurement: Transforming Processes With the Power of Generative AI ā€” experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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New Year Insights for the procurement solutions and services marketplace 2024: IntegrityNext

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year weā€™re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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GEP Outolook 2024

SCMR (Supply Chain Management Review)

Don't miss out on the latest insights and strategies for procurement and supply chain leaders in the GEP Outlook 2024 report. Download now!

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Consumers and Retailers Share Responsibility for Reducing Returns

Supply Chain Brain

One way consumers can help reduce returns (and growing landfills) is to shop more conscientiously by going into stores to test out products before making a repeat purchase online.

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2024 State of the North American Supply Chain

SCMR (Supply Chain Management Review)

Upgrade your shipping strategies with insights from over 1,400 shippers to stay ahead in the ever-changing world of logistics.

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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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Stardust Power to build lithium refinery in Oklahoma

Supply Chain Dive

The company plans to turn the facility into a hub for its domestic supply chain.

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Alex Yakubovich and Stan Garberā€™s Procurement Solution: Levelpath

Negotiations Ninja

Alex Yakubovich was the Co-Founder and CEO of Scout RFP and is now the Co-Founder and CEO of Levelpath. Stan Garber was the President of Scout RFP and helped Alex Co-found Levelpath. He and Alex have worked together on different projects for nearly two decades.

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South African Supply-Chain Disruptions Far From Over, PwC says

Supply Chain Brain

South African companies need to reduce their reliance on supply chains affected by conflict and prioritize domestic sourcing, production and distribution, PWC said.

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Procurement management software: How to optimize operational spend

Fraxion

With the demands of the digital-first business world, the role of procurement management software has become increasingly important for financial decision-makers, procurement and purchasing professionals alike. Procurement management is a strategic initiative that involves the efficient acquisition of goods and services, and the software, designed for this purpose serves as a linchpin in driving efficient, cost-conscious and compliant processes.

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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, whatā€™s on the technological horizon for procurement and supply chain for the year ahead?

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Second Boeing Model to be Inspected

Supply Chain Brain

The FAA did not order the older model to be grounded while the visual inspections are carried out by operators, as it did with the 737 Max 9 planes.

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Magnus Mondays: Itā€™s Time to Improve eSourcing Adoption

CPO Rising

When I first started reading CPO Rising more than a decade ago, I remember Ardentā€™s founder and chief research officer, Andrew Bartolini, introducing the concept of eSourcing 2.0: The idea that if a supplier negotiation required a contract, the negotiation should be captured electronically ā€” and ideally ā€” by an eSourcing tool.

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Boeing Faces More Pressure as United CEO Vents Frustrations

Supply Chain Brain

While the White House is monitoring the discussions, thereā€™s no indication yet of what steps the Biden administration would take in response to complaints about Boeing.

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387: New Year, New Goals in Supply Chain

Let's Talk Supply Chain

ļ»æ Itā€™s a brand new year, we have so much going on at Letā€™s Talk Supply Chain ā€“ and itā€™s safe to say that that thereā€™s a lot going on across the industry as well! I loved getting into it on the very first episode of Thoughts and Coffee for 2024 ā€“ and so weā€™re bringing it to you on Letā€™s Talk Supply Chain today. Iā€™m joined by my industry sidekick and trade bestie Audrey Ross to talk about the disruptions already making waves in 2024; the incredible high-tech wearables that can make the workplace a

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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 todayā€™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.