April, 2023

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Supply Chain Weekly Wrap-Up 04/07/2023-04/13/2023

All Things Supply Chain

US looks to establish rules for AI After the recent rise in popularity over OpenAI’s ChatGPT, countries are now looking to regulate this industry to prevent data breaches and subdue…

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Sustainable Supply Chain Analysis — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Supply Chain Analysis — Embracing Sustainability Sustainable supply chain analysis involves evaluating how sustainable your suppliers and your processes that both pertain to how transparent your supply chain is.

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UPS fights to keep strike-fearing shippers from fleeing

Supply Chain Dive

The delivery giant has assigned executives to major customers to keep them from shifting volume to competitors amid Teamsters contract negotiations, CEO Carol Tomé said.

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[Pod] The Power and Danger of Asking Good Questions

Art of Procurement

In the 5th century BC, Socrates was teaching the Athenian people to think for themselves. He taught by asking questions: The post [Pod] The Power and Danger of Asking Good Questions appeared first on Art of Procurement.

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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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Episode 111: Taking Intelligent Risks with Mark Trowbridge

Una

EPISODE 111 Taking Intelligent Risks with Mark Trowbridge By Kelly Barner | April 19, 2023 We’ve all been mired in years of paralyzing risk and disruption… but could risk taking be just what this moment calls for? Yes – as long as the risks are “intelligent risks.” In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Mark Trowbridge.

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Artificial Intelligence Will be Big in Supply Chain Management, Report Predicts

Supply Chain Brain

AI-enabled supply chains are 67% more effective than their non-AI counterparts, thanks to reduced risks and lower overall costs, market analysis shows.

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Kotter’s Theory — Embracing Sustainability in Procurement

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Kotter’s Theory — Embracing Sustainability in Procurement Kotter’s theory of change helps companies to introduce change in the business. However, what is it? This article will discuss what Kotter’s theory is and the benefits you can gain by using it to change your business operation, especially your procurement process.

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China sourcing tied to largest supply chain risks of 2023: report

Supply Chain Dive

Insolvencies, COVID-19 disruption and ties to forced labor raise the possibility for delays and reputational harm, according to analytics firm Everstream’s annual risk report.

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[Pod] Case Dismissed: Spencer Patton Prevails Over FedEx

Art of Procurement

In August of 2022, the relationship between FedEx Ground and their network of delivery contractors looked like it was about. The post [Pod] Case Dismissed: Spencer Patton Prevails Over FedEx appeared first on Art of Procurement.

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Global supply chain health: Decoding the value of supply chain indices

SCMR (Supply Chain Management Review)

Supply chain indexes tell different stories based on the data they collect, but looking at them collectively can provide a more accurate assessment.

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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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Building the Pipeline: Five Ways to Lift Female Supply Chain Leaders

Supply Chain Brain

As a leader in end-to-end delivery and transportation with a career spanning over 15 years as an omni-channel supply chain and operations leader, I have often been the only woman in the room.

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Supply Chain Weekly Wrap-Up 04/14/2023-04/20/2023

All Things Supply Chain

EU finalizes €43 Billion European Chips Act The European Union (EU) has finalized a €43 billion bid to increase domestic semiconductor production, in the wake of prolonged and ongoing disruption…

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Sustainability Issues in Procurement — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainability Issues in Procurement — Embracing Sustainability Sustainability issues are what many businesses should prioritize if they want to continue striving for sustainability in their business operations, especially their procurement activities.

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Amazon begins charging for some returns made to The UPS Store

Supply Chain Dive

A fee will apply if an Amazon Fresh, Whole Foods or Kohl’s location is within the same distance or closer to the customer’s delivery address.

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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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Top 10 Supply Chain Management Courses to Boost Your Career

SCMDOJO

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. With the ever-evolving business landscape, staying current on the latest industry trends and best practices is crucial for your success. Fortunately, there are numerous courses available to help you develop your expertise in supply chain management, regardless of your level of experience.

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ISO 20022: Are your payment systems ready?

IBM Supply Chain Blog

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. The International Organization for Standardization (ISO) developed the standard, which is being adopted by countries and financial institutions worldwide.

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Digital Tools Help Metals Supply Chains Experience Less Volatility and More Resiliency

Supply Chain Brain

Businesses in the industrial metals industry must increasingly rely on digital tools such as real-time product tracking to optimize their items’ journey and to provide data to inform decisions.

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What the future of ChatGPT has for the Supply Chain

All Things Supply Chain

The overwhelming popularity of OpenAI’s ChatGPT has been a hot topic since the turn of the new year.

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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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Sustainable Community — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Community — Embracing Sustainability A sustainable community is one of the aims of integrating sustainability in every business. However, how can you help a community be stable with sustainable procurement? This article will discuss what sustainable procurement and community are.

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Amazon shifts to regional fulfillment model

Supply Chain Dive

The company has addressed growing complexity in its network by positioning goods closer to end customers, lowering costs and reducing delivery times.

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[Pod] Negotiating The Big One: UPS and the Teamsters Labor Union

Art of Procurement

The labor contract between UPS and the Teamsters union is the largest private collective bargaining agreement in North America – The post [Pod] Negotiating The Big One: UPS and the Teamsters Labor Union appeared first on Art of Procurement.

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Episode 112: Tough Times Don’t Last But Tough People Do with Kris Lance

Una

EPISODE 112 Tough Times Don’t Last But Tough People Do with Kris Lance By Kelly Barner | April 26, 2023 The costs of poor physical and mental health are all around us. Despite having the highest per capita spending on health care in the industrialized world AND the highest health care spending as a percentage of GDP, the United States has the lowest life expectancy at birth.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Global Supply Chains are Operating more Efficiently, Report Finds

Supply Chain Brain

The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight.

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5 Ways to Improve Safety in The Construction Supply Chain

All Things Supply Chain

Transportation and shipping jobs rank second on the list of positions with the most significant number of workplace injuries.

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Sustainable Government Procurement — Shifting to Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Government Procurement — Shifting to Sustainability Sustainable government procurement is the commitment of the government to achieve sustainability in its purchases. However, what is it? In this article, we will discuss what sustainable procurement means.

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5 California ports pledge to build data-sharing system for cargo fluidity

Supply Chain Dive

Los Angeles, Long Beach and other shipping hubs in the state will work together on a cloud-based tool aimed at standardizing data and boosting cargo fluidity.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line.

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[Pod] Procurement 6 – April 14th, 2023

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post [Pod] Procurement 6 – April 14th, 2023 appeared first on Art of Procurement.

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How to be Successful in Omni-Channel Commerce

Supply Chain Brain

The grace period is gone; consumers will find what they want elsewhere if a retailer can’t deliver the product(s) and experience they’re looking for.

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Data in Procurement and the Supply Chain

Positive Purchasing

Kris Lance is a senior director with the group purchasing company Una. He’s an experienced leader with a proven history of success across multiple industries, especially in healthcare and IT procurement. Kris describes himself as a “seeker of truth”, and here he takes a look at the tech landscape in procurement – and in particular, data. We asked: “As the availability of more sophisticated technology is matched by the opportunity to acquire increased levels of data, the temptation to run h

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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.