Mon.Feb 05, 2024

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FedEx’s new digital platform aims ‘to be relevant in the multi-carrier world’

Supply Chain Dive

A FedEx executive addresses if fdx will be able to work with other delivery providers and integrate with e-commerce giants like Amazon in an interview with Supply Chain Dive.

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Workfellow: Vendor Analysis — Process intelligence management solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Workfellow and its solution for process and task intelligence. Workfellow is a process- and task-mining vendor that enables process visibility and provides recommendations for how their operations can be approved. The solution minimizes redundant work, achieves savings through undiscovered process automation, streamlines processes by eliminating unnecessary steps, hastens customer response times and removes the need for manual data trans

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Trending Sources

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6 ways generative AI can optimize asset management

IBM Supply Chain Blog

Every asset manager, regardless of the organization’s size, faces similar mandates: streamline maintenance planning, enhance asset or equipment reliability and optimize workflows to improve quality and productivity. In a recent IBM Institute for Business Value study of chief supply chain officers, nearly half of the respondents stated that they have adopted new technologies in response to challenges.

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Infusing Play into Supply Chain Marketing: A Game-Changing Approach

Supply Chain Brain

In the "Infusing Play into Supply Chain Marketing: A Game-Changing Approach Consultant, Author, and self-proclaimed world’s worst break dancer, Lisa Jones will share the transformative power of incorporating playfulness and creativity into your supply chain marketing strategy.

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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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Mastering identity security: A primer on FICAM best practices

IBM Supply Chain Blog

For federal and state governments and agencies, identity is the crux of a robust security implementation. Numerous individuals disclose confidential, personal data to commercial and public entities daily, necessitating that government institutions uphold stringent security measures to protect their assets. This need for robust security underscored by Executive Order 14028 , published in May 2021, calls for enhancing the nation’s cybersecurity posture.

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When it comes to sustainability, is procurement ready to negotiate?

Procurement Insights

We’re investing in sustainable innovation and partnerships to help meet our #WorldWithoutWaste goals. Through the 100+ Accelerator program, a collaboration with AB InBev , Unilever , and Colgate-Palmolive , we’re working with startups around the world to identify solutions that we can pilot and scale to support a circular economy, water, and climate. – Coca-Cola Company LinkedIn post (October 2023) As hashtag#UNGA78 wraps this week, we recognize that collaboration is more important than ev

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Uncertain economy? Invest in a plan and people in 2024

Supply Chain Brain

There is a balance between the current financial perspective and the need to take measured risks to continue to grow in the market.

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GoPuff introduces overnight Starbucks delivery

Supply Chain Dive

Baristas will prepare food and drink orders from the instant delivery company’s micro-fulfillment centers.

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Common cloud migration challenges and how to manage them

IBM Supply Chain Blog

Cloud computing continues to grow in popularity, and its scalability, functionality, cost-effectiveness and other potential benefits have helped transform traditional business models and update legacy systems, creating opportunities for various organizations. A cloud migration, however, is a huge undertaking that requires thorough planning and execution of a comprehensive strategy to successfully achieve business goals.

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Beverage distributor shutters Texas warehouse

Supply Chain Dive

Jumbo Beverages, a subsidiary of Glazer’s Beer and Beverages, will lay off 109 employees starting in late February.

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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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Germany Faces More Travel Chaos as Lufthansa Ground Crews Strike

Supply Chain Brain

A shortage of skilled workers — coupled with high inflation — has emboldened employees across many industries in Germany to seek wage increases.

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How is DNSSEC different from encryption? 

IBM Supply Chain Blog

It’s a question we often hear: “Isn’t DNSSEC the same as encrypted DNS?” Not really. While DNSSEC protects networks against man-in-the-middle attacks, it does so through public key cryptography, which is different from encryption. In other words, DNSSEC provides a form of authentication, but not a form of confidentiality. How is public key cryptography different from encryption?

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Planners, Embrace your Biased Judgements

Supply Chain Trend

A special feature “Does forecast accuracy even matter?” ( Foresight issue 68 ), discussed the limitations of forecasting on decision making and questioned whether forecast accuracy translates to business value. To this special feature I wrote a commentary, highlighting The Limitations of Forecasts and Plans on Decision Making and the changing role of the forecaster/planner.

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Navigating the digital wave: Understanding DORA and the role of confidential computing

IBM Supply Chain Blog

The Digital Operational Resilience Act (DORA) marks a significant milestone in the European Union’s (EU) efforts to bolster the operational resilience of the financial sector in the digital age. Envisioned to comprehensively address information and communications technology (ICT) risk management in financial services, DORA aims to harmonize existing regulations across EU member states.

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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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How Retailers Can Navigate Choppy Supply Chains

Supply Chain Brain

By embracing technology, implementing pandemic-learned strategies, and fostering collaboration, retailers can ensure their shelves remain stocked, their customers are satisfied, and their businesses remain resilient.

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Disruptions Keep Manufacturers on Edge

SCMR (Supply Chain Management Review)

Ongoing disruptions in the Red Sea and Panama Canal have reinforced the need for manufacturers to have a comprehensive supply chain strategy.

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Transforming the future: A journey into model-based systems engineering at Singapore Institute of Technology

IBM Supply Chain Blog

In the dynamic cityscape of Singapore, a pioneering initiative is unfolding at the Singapore Institute of Technology (SIT). A group of 56 students has embarked on a unique journey into the world of model-based systems engineering (MBSE). Under the mentorship of Marco Forlingieri, associate faculty member at SIT and ASEAN Engineering Leader from IBM Singapore, students engaged in a hands-on exploration of IBM® Engineering Systems Design Rhapsody® This course stands as Singapore’s

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ISM reports services economy is off to a solid start in 2024

SCMR (Supply Chain Management Review)

The Services PMI, at 53.4 (a reading of 50 or higher signals growth), was up 2.9% in January, growing, at a faster rate, for the 13th consecutive month. This marks growth in 43 of the last 44 months, with December 2022 being the one month with a decline over that period. ISM added that the overall economy, like the January Services PMI, saw growth, at a faster rate, for the 13th consecutive month as well.

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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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How Growing Businesses Can Get ESG-Ready

HICX

By Costas Xyloyiannis, CEO of HICX Growing brands have an opportunity to use their time out of the spotlight to become as robust in handling ESG risk as possible. After COP28 , social and environmental governance (ESG) remains a central issue, and big brands remain in the spotlight as they solve how to credibly deliver net-zero targets. Receiving less attention, meanwhile, are fast-growing brands.

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Watch: Do We Have the Labor to Drive Advanced Manufacturing in the U.S.?

Supply Chain Brain

Elizabeth Berthelette, head of Northeast research and national life science research with Newmark, details the findings of the firm’s latest report on advanced manufacturing and labor availability in the U.S.

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389: Women in Supply Chain, Carmit Glik

Let's Talk Supply Chain

In today’s episode of Women In Supply Chain, I’m joined by Carmit Glik – 2023 Pro To Know, board member, CEO, and passionate advocate of digital transformation. As CEO at Ship4wd, Carmit has been at the forefront of digital transformation in the global freight industry, leading high-profile projects in digital freight marketplaces, and delivering end-to-end global digital transportation solutions that are customer-focused and sustainable.

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Due Diligence in the Wine Industry

Negotiations Ninja

Why would someone want to buy a winery? What is their motivation? What are their objectives? According to James Cluer—a designated Master of Wine and owner of Fine Vintage LTD—due diligence in the buying process is everything. You can’t just buy a winery or buy land and hope for the past.

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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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How Automated Tendering Improves Transportation Management

Supply Chain Brain

As capacity tightens with the continued rise in demand, digitizing tendering processes within transportation management systems will grow in popularity among shippers.

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Common cloud migration challenges and how to manage them

IBM Supply Chain Blog

Cloud computing continues to grow in popularity, and its scalability, functionality, cost-effectiveness and other potential benefits have helped transform traditional business models and update legacy systems, creating opportunities for various organizations. A cloud migration, however, is a huge undertaking that requires thorough planning and execution of a comprehensive strategy to successfully achieve business goals.

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Magnus Mondays: Don’t Believe the Hype! (Or at Least Apply Some Caution)

CPO Rising

Back in 1996, Bill Gates wrote “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don’t let yourself be lulled into inaction.

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DP World’s Australian Pay Deal ‘Will Cost Consumers’

Supply Chain Brain

The record pay rise came as DP World imposed its biggest hikes yet to terminal access charges.

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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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Contract Management for Small Businesses: Why You Need It & How To Make It Work

ContractSafe

Explore why small business contract management is crucial for success and how software like ContractSafe can streamline operations and ensure growth.

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Boeing in ‘Last Chance Saloon,’ Says Emirates President

Supply Chain Brain

Sir Tim Clark is also sending Emirates engineers to monitor Boeing's production lines.

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Supplier Diversity vs Supplier Diversification

Una

Supplier Diversity vs Supplier Diversification Supplier diversity vs supplier diversification – what’s the differnece? Learn why using them interchangeably should be avoided and how to implement each strategy. By Hugo Britt | February 6, 2024 Search Search Supplier diversity and supplier diversification are such similar terms that it’s tempting to use them interchangeably, but they have very different meanings.

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Egypt’s Canal Receipts Fall by Almost Half After Red Sea Attacks

Supply Chain Brain

The drop is the latest headache for the North African nation that was already wrestling with its worst economic crisis in decades before the Israel-Hamas war erupted in October.

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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