Sun.May 19, 2024

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Port of Baltimore Closure May Cost $37M in Extra Demurrage

Supply Chain Brain

The Port of Baltimore has seen roro and container vessel traffic resume with the opening of a deep-water channel on May 14, allowing access to four alternative channels.

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Optimizing Procurement’s Source-to-Pay Strategy

Art of Procurement

“In some weird sense, as we see the power of technology, the more apprehensive we get about how much information. The post Optimizing Procurement’s Source-to-Pay Strategy appeared first on Art of Procurement.

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The Growing Role of the CFO in Crafting Sourcing Strategies

Supply Chain Brain

Manufacturers are rethinking their sourcing strategies, and for that exercise the chief procurement officer occupies center stage. But there’s another executive who’s playing an equally vital role.

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IMF Chides US for Not Playing Nicely

Procurement Bulletin

IMF Chides US for Not Playing Nicely U.S. President Biden has been on a tariff spree targeting Chinese goods. Prompting IMF spokeswoman, Julie Kozack to comment: “Our view is that the US would be better served by maintaining open trade policies that have been vital to its economic performance…” Clearly, the U.S.’ aggressive tariffs are creating tensions on global trade , especially among the big players.

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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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Watch: The Rapid Evolution of AI in the Warehouse

Supply Chain Brain

Gina Chung, vice president corporate development with Locus Robotics, traces the progress of artificial intelligence in the warehouse, and the ever-broadening scope of functions that it's driving today.

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The Price of Doubt: How AI Hesitance Impacts Overstocking

Supply Chain Brain

Inventory distortion isn't just a problem for supply chain teams; it results in missed sales, dissatisfied customers, excess wastage and capital tied up in stocks.

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