Tue.Dec 19, 2023

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Container Lines Rerouting Ships Away From Suez Canal in Response to Red Sea Missile Attacks

Supply Chain Brain

Every major commercial shipping line is rerouting vessels away from the Suez Canal in response to the recent series of missile attacks by Houthi militants in the Red Sea.

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Port of Los Angeles cargo volumes rise 19% YoY in November

Supply Chain Dive

“Our year-end growth reflects the strength of the U.S. economy powered by the American consumer,” said Port of Los Angeles Executive Director Gene Seroka.

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White House Hosts First Meeting of Supply Chain Resilience Council

Supply Chain Brain

While most supply chain disruptions have dissipated, continued challenges led to the White House giving supply chains another bump in the news cycle with its inaugural meeting of the Council on Supply Chain Resilience.

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

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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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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AI and the Supply Chain: What’s in Store in ’24?

Supply Chain Brain

The transportation and logistics industry is still lagging far behind other sectors in taking basic steps toward automation of manual processes.

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2023 procurement and supply events round-up — A Spend Matters recap

Spend Matters

With another busy year of procurement and supply chain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. In order of appearance: eWorld Procurement and Supply – March 2023, London The soon to be renamed ‘ Procurement Strategies and Innovation ’ (PSI) event was the first on our calendar this year.

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Why procurement solution providers have to adopt a “LOSS LEADER” mindset to succeed in an overcrowded market

Procurement Insights

An article I wrote about Tide detergent reveals a secret that every solution provider should know – the power of a LOSS LEADER! Below is my reply to one of the many comments the article’s subject matter inspired. It also provides a direct tie-in to how procurement solution providers can stand out from what has become a mind-numbing competitive landscape.

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World Courier Opening Three New U.S. Transportation Stations

Supply Chain Brain

World Courier said the stations will allow the company to expand its capacity to store, handle and transport pharmaceutical products, including those that require cryogenic storage.

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Embracing Prosperity in the New Year: The Benefits of Free Trade Zones

SCMR (Supply Chain Management Review)

Free Trade Zones offer opportunities to bring the global market to local markets, creating jobs and innovation around the world.

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EasyJet Shareholders Approve $20B Plane Order

Supply Chain Brain

The British low-cost airline held a general meeting with shareholders December 19 in Luton, London to get approval for its largest aircraft order yet.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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Will 2023’s procurement headaches last into 2024?

Supply Chain Dive

After a year of myriad uncertainties, here's a preview of sourcing imperatives going forward.

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Companies Will Embrace Near- and Friendshoring Over the Next Five Years

Supply Chain Brain

Sixty-three percent of survey participants said they are planning to restructure their supply chain over the next five years.

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Episode 145: Looking Back and Looking Ahead with Kris Lance

Una

EPISODE 145 Looking Back and Looking Ahead with Kris Lance By Kelly Barner | December 20, 2023 There are so many news stories and events contained in any one year that it can boggle the mind trying to remember them all, let alone process their combined impact. But the end of one year and the start of another is a natural time to reflect back before looking ahead to what the new year may hold.

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Nominations Opened for WIT 2024 Driver of the Year Award

Supply Chain Brain

The finalists and the award winner will be recognized at the 2024 Salute to Women Behind the Wheel in Louisville, Kentucky on March 22, 2024.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Accelerate release lifecycle with pathway to deploy: Part 2

IBM Supply Chain Blog

As enterprises embrace cloud native and everything as code, the journey from code to production has become a critical aspect of delivering value to customers. This process, often referred to as the “pathway to deploy,” encompasses a series of intricate steps and decisions that can significantly impact an organization’s ability to deliver software efficiently, reliably and at scale.

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U.S. Semiconductor Manufacturing Bill Makes It Through Senate

Supply Chain Brain

The bill would allow the U.S. Department of Commerce’s SelectUSA program to develop new strategies to attract foreign investment to the U.S. semiconductor manufacturing sector.

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The overlooked security risks of onshoring chip production

Supply Chain Dive

Here are four ways manufacturers can mitigate cybersecurity risks.

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Anomaly detection in machine learning: Finding outliers for optimization of business functions

IBM Supply Chain Blog

As organizations collect larger data sets with potential insights into business activity, detecting anomalous data, or outliers in these data sets, is essential in discovering inefficiencies, rare events, the root cause of issues, or opportunities for operational improvements. But what is an anomaly and why is detecting it important? Types of anomalies vary by enterprise and business function.

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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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Business Stream – Outsourced IT Managed Service Support

Barkers Procurement

Business Stream’s current outsourced IT Managed Service was due to expire which presented an opportunity to review whether the existing provision met strategic IT requirements. Barkers were asked to develop a specification for the company’s Outsourced IT Managed Services and to engage in a thorough tender process to ensure best-fit for the business’ strategic aims.

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Accelerate release lifecycle with pathway to deploy: Part 1

IBM Supply Chain Blog

For many enterprises, the journey to cloud reduces technical debt costs and meets CapEx-to-OpEx objectives. This includes rearchitecting to microservices , lift-and-shift , replatforming, refactoring, replacing and more. As practices like DevOps , cloud native , serverless and site reliability engineering (SRE) mature, the focus is shifting toward significant levels of automation, speed, agility and business alignment with IT (which helps enterprise IT transform into engineering organizations).

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AOP Introducing… Pactum AI

Art of Procurement

In this episode of AOP Introducing, Helen Mackenzie speaks with Martin Rand, CEO and Co-Founder of Pactum AI, an innovative. The post AOP Introducing… Pactum AI appeared first on Art of Procurement.

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IANA Adds Call to Reopen El Paso & Eagle Pass Crossings

Supply Chain Brain

IANA said the prolonged closure will disrupt the equilibrium that is indispensable to the smooth functioning of the freight supply chain.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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381 – Blended: Don’t Cancel Us! Calling out Cancel Culture

Let's Talk Supply Chain

Welcome back to Blended! It’s episode 39, I am once again joined by a brand new group of professionals who are bringing honesty and authenticity to the table and, today, we’re taking on our most controversial topic yet – cancel culture! It’s a term that has rapidly grown over the last few years, in light of movements like Me Too and Black Lives Matter, where people in positions of power have been found to have abused those positions, without being held to account.