Mon.Jan 29, 2024

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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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New research: supply chain transparency – enabling insights into the invisible

Procurement Leaders

In association with SAP: Discover the actions and capabilities that are enabling leading organisations to improve supply chain visibility

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Retailers Are Planning to Shake Things up in 2024, Survey Finds

Supply Chain Brain

Overall, the report found most executives are feeling optimistic about business. Less than 10% of respondents expected sales to decrease year-over-year.

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Amazon’s $1B investment fund eyes last-mile tech, AV startups

Supply Chain Dive

The Industrial Innovation Fund is expanding its scope to include transportation-related investments, according to its director.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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End Customers Responsible for 33% of Late Deliveries in Aerospace Supply Chain

SCMR (Supply Chain Management Review)

A study from global manufacturing tech firm TRIGO finds that one-third of late deliveries in aerospace manufacturing are the result of the end customer and not the supplier.

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Retailers have finally tamed their inventories: report

Supply Chain Dive

Sales growth outpaced inventory in the third quarter for the first time since the pandemic began, according to Telsey Advisory Group analysts.

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More Trending

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Business continuity vs. disaster recovery: Which plan is right for you?

IBM Supply Chain Blog

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. While the terms are closely related, there are some key differences worth considering when choosing which is right for you: Business continuity plan (BCP): A BCP is a detailed plan that outlines the steps an organization will take to return to normal business functions in the event of a disaster.

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US DOT Makes Intermodal Infrastructure Investments

Supply Chain Brain

The awards, announced January 25, will make considerable investments in intermodal freight infrastructure.

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What is the “Cando” executive mindset for AI adoption?

Procurement Insights

EDITOR’S NOTE: The following is a recent post by Cando Rail & Terminals President & CEO Brian Cornick. My response follows: “Joe McKendrick highlights the persistent staffing issues affecting supply chains, particularly in the context of labor shortages across design, production, and distribution. The solution may be AI and automation.

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Sphera SCRM: Vendor Analysis 2023 Update — SCRM solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an updated overview of Sphera’s SCRM solution, a solution built to improve supply chain resilience by tackling both predictable and unpredictable risks. Sphera SCRM is the new name of riskmethods, an SCRM specialist that was founded in 2013 and has been extensively covered by Spend Matters. Although Sphera (the company, not the SCRM module) is a few years younger than riskmethods, it acquired riskmethods in 2022 to complete its ESG-focused offering with r

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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The critical need for dangerous goods compliance

Supply Chain Dive

Education, resources and regulatory support can help shippers avoid fines and other penalties.

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Tankers Hauling Kuwaiti Oil Veer From Red Sea After Friday Blast

Supply Chain Brain

Despite the diversions, lots of tankers — many hauling Russian oil — continue to ferry barrels through the waterway.

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Think Decision first, Data and AI later

Supply Chain Trend

“Companies with flaky master data would be wise to cleaning that up first before embarking on DI.”, a comment on my last blog about Decision Intelligence said. I surely agree, data is absolutely important when implementing technology. It already was when I was implementing ERP or APS systems 20+ years ago. And it still is. Garbage in is still garbage out indeed.

Data 60
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The blueprint for a modern data center 

IBM Supply Chain Blog

Part one of this series examined the dynamic forces behind data center retransformation. Now, we’ll look at designing the modern data center, exploring the role of advanced technologies, such as AI and containerization, in the quest for resiliency and sustainability. Strategize and plan for differentiation As a leader, you need to know where you want to take the business—understanding the trajectory of your organization is nonnegotiable.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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Watch: The Impact of Biden’s Executive Order on AI

Supply Chain Brain

Attorney and legal technology expert Colin S. Levy explains the scope of President Biden’s recent executive order on the development of artificial intelligence, and speculates about its long-term implications.

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What Is a Contract Repository? +6 Key Features You Need

ContractSafe

Every important agreement, contract, memorandum, or amendment is stored in a contract repository. And it’s not always given the respect it deserves. It’s an often-overlooked asset that can make or break your business.

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Logtech Companies Trimming Staff

Supply Chain Brain

Venture-capital investments in supply-chain technology startups fell to $780 million in the fourth quarter of last year, down from $5.2 billion in the same quarter two years earlier.

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Contract Negotiation – A How To Guide for 2024

Barkers Procurement

2024 Contract Negotiation Guide. In a perfect world, a supplier would just provide you with their service or product at the price you want without any hesitation. But we don’t live in a perfect world. In procurement, you have to negotiate the contracts to get the best deal for your organisation; however, this is going to be much harder in 2024. A combination of external factors such as Brexit, rising inflation, supply chain disruption and the impact of COVID has created a harsh economic climate

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The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.

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388: See The Future of Transportation, with Win Global

Let's Talk Supply Chain

 Today I’m joined by Win Global – an international trade and development consultancy, providing practical tools, products, and training for international trading companies to help them rapidly grow their export and import businesses and follow their passion for global trade. And it was in facing shipping challenges for those companies that Win Global co-founder, Igor Chigrin, hit upon an innovative new idea – an autonomous sustainable international transportation technology that is going

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The Four Types of Benefits to Communicate in Sales

Negotiations Ninja

Ian Campbell is the CEO at Nucleus Research, an “Investigative technology research firm that uses a return on investment, case study approach to assess the value of technology.” They focus on whether or not something delivers value.

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The Game-Changing Role of Graph Technology in Supply Chain

Supply Chain Brain

As they grow ever more complex, modern supply chains require comprehensive lifecycle orchestration.

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7 Strategies for Seamlessly Optimizing Warehouse and Sales Channels

Finale Inventory

Running a successful business requires handling various processes seamlessly. Your warehouse’s synergy with sales channels is pivotal, impacting operational efficiency, customer satisfaction, and financial success. The good news is there are plenty of tools and technologies to make managing these processes smoother for you. Understanding the Challenges in Warehouse and Sales Channels Management Among the tasks and processes necessary to optimally manage a business, ensuring the smooth oper

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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Magnus Mondays: Graphite Connect: Supplier Management, Network Style

CPO Rising

As part of the Magnus Mondays series featuring the latest procurement trends and insights, we will also spotlight interesting vendors and vendor updates (with the requirement that they provide a briefing and a reference that is using their software). First up is Graphite Connect, the supplier management solution provider.

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French Farmers Block Highways Around Paris as Protests Sharpen

Supply Chain Brain

Farmers have been choking roadways across the country to protest higher production costs, stringent regulations imposed from Brussels and what they call unfair competition from abroad.

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How does data deduplication work?

IBM Supply Chain Blog

Recent years have witnessed an explosion in the proliferation of self-storage units. These large, warehouse units have sprung up nationally as a booming industry because of one reason—the average person now has more possessions than they know what to do with. The same basic situation also plagues the world of IT. We’re in the midst of an explosion of data.

Data 101
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The Sidekick #001

Una

The Sidekick #001 2024 Is Going To Be A Doozy Kris Lance VP & General Manager, Una January 30, 2024 Image: Marian Kamensky Intro Welcome to the inaugural issue of The Sidekick ! I’m Kris Lance, VP & General Manager at Una, and I believe every Sourcing Hero (that’s you!) needs a sidekick. I’ve started this newsletter to share my thoughts on news and issues that affect the global supply landscape.

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The Transformative Role of Supply-Chain Leaders in Today’s Business

A new survey shows 55% of enterprises anticipate a major supply chain disruption to strike any time. No wonder, resilience is a top priority today. With disruptions looming, procurement and supply chain managers are stepping up their game. And guess what? Sixty-three percent believe AI can be their top ally in this mission. This new report from The Economist and GEP explores how procurement and supply chain professionals are responding to shifting business dynamics.

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The AI Assistant for everyone: watsonx Orchestrate combines generative AI and automation to boost productivity

IBM Supply Chain Blog

What if employees had the ability to effortlessly delegate time-consuming tasks, access information seamlessly through simple inquiries, and tackle complex projects within a single, streamlined application? What if customers had access to an intelligent, friendly virtual agent to provide answers and enable self-service experiences around the clock? This technological revolution is now possible, thanks to the innovative capabilities of generative AI powered automation.

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Digital transformation examples

IBM Supply Chain Blog

A digital transformation is an overhauled, digital-first approach to how a business is run. The digital world is evolving quickly with new products and digital technologies that require vigorous digital transformation initiatives. The main goal of a digital transformation is to use new digital technologies throughout all aspects of a business and improve business processes.