Sat.Jan 20, 2024 - Fri.Jan 26, 2024

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Balancing Procurement’s Biggest Priorities in the Fast Lane

Una

Balancing Procurement's Biggest Priorities in the Fast Lane No matter the industry, Sourcing Heroes need to be adept at identifying and balancing procurement’s priorities to make the biggest impact. By Mackenzie Oakley | January 25, 2024 Search Search In the high-octane world of hypercar manufacturing, where precision meets innovation, sourcing heroes like Robert Čačković must navigate a complex landscape of challenges and opportunities.

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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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What if AI could create world peace and just societies to progress SDG 16?

Supply Chain Queen

As Davos themes around AI and trust in the future of work, society and health of our planet can be seen across social media, what if AI could create world peace and just societies to progress SDG 16? And how?Here are a few use cases in action ⤵️1. Conflict Prediction and Prevention??AI can analyze large.

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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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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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Podcast | Protecting Digital Supply Chains From Cyberattack

Supply Chain Brain

For all its advantages, the digitization of supply chains has one disconcerting drawback: It makes them more vulnerable to hackers and cyber thieves.

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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.

More Trending

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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.

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That Was Fast: High-Tech Component Inventories Shift From Shortage to Glut

Supply Chain Brain

For manufacturers that fretted over component shortages in 2021 and 2022, the current inventory glut is reminding them of that unsettling maxim: Be careful what you wish for.

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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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Warehouse employment keeps falling — and more layoffs loom

Supply Chain Dive

Companies are shifting their focus from expansion to efficiency within their supply chain networks, leading to job cuts and facility closures.

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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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Networks unchained: the shift toward intent-based autonomous operations

IBM Supply Chain Blog

Telecommunications industry, a cornerstone of global connectivity, has been going through a technological renaissance for some time, driven by innovations such as 5G, IoT, cloud computing and AI. As a result, networks have become increasingly hard to manage. There is a need for automation to handle routine tasks, monitor network health and respond to issues in real-time.

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More Trouble for Boeing, as Online Travel Agency Sees Rise in Customers Filtering Out its Planes

Supply Chain Brain

Kayak said that it experienced a 15-fold increase following the Alaska Airlines incident in the use of its aircraft filter feature, which the company first launched in March 2019.

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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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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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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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Balancing AI: Do good and avoid harm

IBM Supply Chain Blog

Growing up, my father always said, “do good.” As a child, I thought it was cringeworthy grammar and I would correct him, insisting it should be “do well.” Even my children tease me when they hear his “do good” advice and I’ll admit I let him have a pass on the grammar front. In the case of responsible artificial intelligence (AI), organizations should prioritize the ability to avoid harm as a central focus.

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V-LINE, Verusen Partner to Assist with Saudi Supply Chain Optimization

Supply Chain Brain

V-LINE said in a statement that its partnership with Verusen will help companies with industrial plants in Saudi Arabia streamline operations, reduce costs and boost efficiency.

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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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Decision Intelligence, a Natural Step in the Planning Evolution

Supply Chain Trend

Decision Intelligence (DI) is a natural evolution in supply chain planning technology. It closes the planning and execution automation gap which has been left by ERP and APS, both technologies that have reached the maturity phase for their functional aims. 7% of companies have started to adopt autonomous end-to-end planning. 3% of companies use autonomous execution to enhance their supply chain resilience.

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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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Hellios: Vendor Analysis — Supplier information management (SIM) solution overview, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis, we give an overview of Hellios, a Supplier Information Management (SIM) solution. In the complex landscape of supplier management, organizations struggle with challenges such as compliance, inconsistent supplier data and growing demands for reporting. Hellios, a supplier information management specialist, addresses these pain points by creating industry-specific communities.

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Most U.S. Companies Would Prefer Indian over Chinese Suppliers

Supply Chain Brain

Over half of the survey participants said that they wanted India to fulfill their supply chain needs over the next five years, rather than China.

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J&J Snack Foods optimizes distribution with second cold storage facility

Supply Chain Dive

The Woolwich, New Jersey, location can accommodate over 20,000 pallets of frozen food storage – including Dippin' Dots.

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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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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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LexCheck: Vendor Analysis — 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, LexCheck’s purpose is to save time spent reviewing documents and identify potential risks a human reviewer may miss.

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Strategic M&A with Tech Startups is the Path to Supply Chain Resiliency In 2024

Supply Chain Brain

Retailers and logistics companies run tight margins, and developing AI or AR systems in-house, from the ground up, is prohibitively expensive.

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UPS reinstates money-back guarantee for 2nd Day Air A.M. service

Supply Chain Dive

The suspension was put in place when the COVID-19 pandemic took hold and an influx of deliveries challenged the company's network.

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The importance of diversity in AI isn’t opinion, it’s math

IBM Supply Chain Blog

We all want to see our ideal human values reflected in our technologies. We expect technologies such as artificial intelligence (AI) to not lie to us, to not discriminate, and to be safe for us and our children to use. Yet many AI creators are currently facing backlash for the biases, inaccuracies and problematic data practices being exposed in their models.

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

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 we’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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Enhancing Supply Chain Resilience Through Logistics Technology

Supply Chain Brain

In the wake of multiple disruptions to global supply chains over the last few years, a variety of technologies has emerged to help business leaders achieve resilience.

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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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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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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