January, 2024

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The Missing Link: Procurement’s Critical Role in Maximizing Reverse Logistics Efficiency

Supply Chain Brain

When tech companies began offloading their reverse logistics businesses, industry giants with physical capabilities were waiting, eager to see if they could deploy those capabilities in-house.

Logistics 119
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Supply chain and procurement leaders are flocking to generative AI: Gartner

Supply Chain Dive

Organizations are using the technology to simplify complexity, save time, reduce frustration and potentially cut back headcounts.

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AI’s transformative role in empowering companies to optimize procurement

Supply Chain Dive

Here’s a look at how the technology is making waves in supplier management, predictive analytics and more, from Vroozi's Shaz Khan.

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2024 Predictions: A New Era of Strategic Supply Chain Design

Supply Chain Brain

The time for pandemic-era thinking is over. This will be the year of strategic supply chain design — but companies must be shrewd in their technology and vendor selection.

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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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How to Prevent Procurement Fraud With Analytics

Supply Chain Brain

Unmonitored supply chains, underlying inventory assets, a host of third parties, and frequent transactions make the manufacturing and retail industries a sweet spot for procurement and inventory fraud schemes.

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CPO Crunch: Hydrogen making its mark

Procurement Leaders

The concept of ‘energy transition’ fascinates me. It’s a simple phrase; one that rolls off the tongue and suggests a satisfyingly straightforward process – stop using one form of energy, start using another. Simple, clean, impactful. The reality, of course, is very different. Energy transition will be spectacularly difficult, messy and eye-wateringly expensive to achieve.

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How to handle a ransomware attack 

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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8 logistics trends to watch in 2024

Supply Chain Dive

Risk is sparing no mode of transportation in 2024, as geopolitics, labor talks, freight demand and capacity fluctuations will continue to alter supply chain strategies.

Logistics 139
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Unlocking Employee Engagement: Finding The Key to Retention Success

SCMR (Supply Chain Management Review)

While most supply chain employees seem happy in their careers, there are some areas where companies can improve employee engagement and the workplace environment to reduce turnover.

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Five Stops on a Road Map to the ‘Perfect Order’

Supply Chain Brain

Companies planning longer-term fulfillment strategies for growth and resilience will need direction in reaching "order and delivery excellence," allowing them to move beyond siloed operations.

Strategy 139
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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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Amanda Richterkraft on Building a Career in Logistics

Let's Talk Supply Chain

It’s a new year, and there are reasons to suggest that 2024 might be a departure from the fresh chaos that has hallmarked supply chain since the 2020’s started, or at least a de-escalation. Over the last few years, supply chain professionals have navigated an endless array of challenges. When managing logistics and supply chains, they’ve responded to global pandemic factory closures, volatile and spiking inflation, and geopolitical tensions including wars that have limited critical supplies—thin

Logistics 105
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New Year Insights for the procurement solutions and services marketplace 2024: FRDM

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. Our series runs from mid-December to end-January, then our senior analysts will wrap up with their own take on the key themes that emerge. In no order of preference, today let’s hear from Justin Dillon, CEO of supply chain risk management solution provider, FRDM , one of Spend Matters 50

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The dynamic forces behind data center re-transformation 

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.

Data 110
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Carton shortage may last through school year, but brandless packaging brings relief

Supply Chain Dive

Pactiv Evergreen said the generic containers are part of its response “to minimize supply chain complexity” amid a monthslong disruption challenging dairies and schools.

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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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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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How AI and Automation Are Poised to Revolutionize the Supply Chain Industry

Supply Chain Brain

In the last few years, the growing sophistication of artificial intelligence has brought unprecedented levels of precision, efficiency and innovation to supply chain management.

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387: New Year, New Goals in Supply Chain

Let's Talk Supply Chain

 It’s a brand new year, we have so much going on at Let’s Talk Supply Chain – and it’s safe to say that that there’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 – and so we’re bringing it to you on Let’s Talk Supply Chain today. I’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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Weight and Value x Distance: Studying Global Supply Chain Use and Cost

Art of Procurement

In June 2023, the Journal of Economic Perspectives published a paper titled “How Far Goods Travel: Global Transport and Supply. The post Weight and Value x Distance: Studying Global Supply Chain Use and Cost appeared first on Art of Procurement.

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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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Modernizing mainframe applications with a boost from generative AI

IBM Supply Chain Blog

Look behind the scenes of any slick mobile application or commercial interface, and deep beneath the integration and service layers of any major enterprise’s application architecture, you will likely find mainframes running the show. Critical applications and systems of record are using these core systems as part of a hybrid infrastructure. Any interruption in their ongoing operation could be disastrous to the continued operational integrity of the business.

Data 109
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FAA steps up oversight of Boeing production in wake of Alaska Airlines incident

Supply Chain Dive

The agency will audit the aircraft maker’s 737-9 Max production line and suppliers like Spirit AeroSystems, which has been plagued by its own quality woes over the last year.

Quality 126
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Cultural, Country Differences Can Influence Nearshoring Decisions

SCMR (Supply Chain Management Review)

While nearshoring can be a risk mitigation tool, it’s important for businesses to consider the differences between countries, including cultural, trade and even weather patterns, which can lead to road closures or weight reductions.

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Increase Picking Density with Mezzanines, Pick Towers, and Automation

Supply Chain Brain

Warehouse operators can increase the density of their pick operations by installing pick towers and mezzanines within their current facilities, boosting throughput inside their existing building.

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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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My Biggest Takeaways from NRF 2024 – Retail’s Big Show

The Network Effect

The post My Biggest Takeaways from NRF 2024 – Retail’s Big Show appeared first on The Network Effect.

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EG America names new VP of procurement

Supply Chain Dive

Less than two weeks after undergoing corporate layoffs, the c-store retailer has hired BJ’s Wholesale Club’s former director of strategic sourcing and procurement.

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Crack the Last-Mile Logistics Puzzle With the Latest in Technology

Supply Chain Brain

While numerous applications are available for optimizing a variety of logistics functions, the first- and last-mile segments are proving to be especially complex, generating significant costs for shippers and carriers.

Logistics 124
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Red Sea attacks: Ocean shipping rates jump more than 50% in key lanes

Supply Chain Dive

Rates from Asia to the U.S. East Coast reached $3,900 per FEU in the past week, with additional surcharges to start this month, according to Freightos.

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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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Extreme weather is 2024’s top supply chain risk: Everstream

Supply Chain Dive

Wildfires, rains and droughts could cause shipping delays, while agricultural commodities might face shortages from weather and other factors, the analytics firm said.

Risk 128
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UPS to cut 12K jobs in 2024 amid weak delivery demand

Supply Chain Dive

The delivery giant doesn’t expect to rehire for those positions when volume rebounds, as it undergoes “a change in the way we work,” its CFO said.

Demand 125
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Supply Chains in the 5G Era: A Paradigm Shift in Connectivity

Supply Chain Brain

The combination of low latency, high bandwidth, massive device connectivity, reliability, and other factors makes 5G technology well-suited for various automation and virtual-enabled technologies across industries.

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USDOT Provides Update on Transportation Infrastructure Improvements

Supply Chain Brain

The National Roadway Safety Strategy showed that roadway safety planning improved for over 70% of the U.S. population while funding for safety improvements went towards 4,515 intersections.

Strategy 119
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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.