Tue.Dec 12, 2023

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10 minutes with DOT’s multimodal office head

Supply Chain Dive

Deputy Assistant Secretary Allison Dane Camden discussed her background, her new office's staffing and the Freight Logistics Optimization Works (FLOW) initiative's progress in an interview.

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From Management to Orchestration

Supply Chain Brain

Supply chain orchestration entails a higher level of digital maturity and connectivity to standardize and integrate internal, partner and third-party contextual data in a real-time, continuous flow.

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Trending Sources

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FedEx, UPS delivery truck maker lays off over 900 at three plants

Supply Chain Dive

The first round of job cuts at Morgan Olson’s Michigan, Tennessee and Virginia sites will begin Dec. 22.

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Transformation and resilience at the new J&J

SCMR (Supply Chain Management Review)

Following the spinoff of J&J’s consumer brands, Kathy Wengel is strengthening the pharma and med device business’s core technical operations and building a framework for risk management.

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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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Nearshoring apparel: Inside DXL’s pivot to Central America

Supply Chain Dive

The clothing maker is one of many eyeing the region, but economic and policy barriers could stand in the way of greater investment.

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Watch: Tools for Supply Chain Marketing Professionals for Creating Credibility and Trust

Supply Chain Brain

A conversation about creating trust by adopting the right priorities for supply chain marketing, with Melissa Taylor, business consultant with RodgerAndMelissa.com, and Christina Daves, publicity strategist and founder of PR for Anyone.

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

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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As Chile Prepares to Open Lithium Assets, This Canadian Miner is Ready to Pounce

Supply Chain Brain

Financing probably will take the form of a convertible bond in the coming weeks with the participation of German chemicals giant BASF SE, said CEO Henk van Alphen.

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Episode 144: Building Trust in a Disconnected World with Julienne Ryan

Una

EPISODE 144 Building Trust in a Disconnected World with Julienne Ryan By Kelly Barner | December 13, 2023 What we experience personally cannot be completely separated from what we experience professionally, and vice versa. This is as true for the impact of digital communications on relationships and trust building as it is our ability to ‘hear’ and connect with others.

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Seizing the Opportunity for Digitizing Procurement

Supply Chain Brain

Multiple developments in supply chain technology are converging to create an unprecedented digital opportunity for procurement professionals.

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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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Is there a “missing circle” in the “Procurement Sweet Spot” graphic below?

Procurement Insights

One thought that immediately comes to mind is an excerpt from an article I wrote for the Procurement Foundry blog in Dec. 2019 titled “SORRY, CHARLIE, THERE IS SOMETHING WRONG WITH THE WORLD’S SEAFOOD SUPPLY CHAIN” – [link] “According to a March 2019 National Geographic article, mislabelling is a problem with 20 percent of all fish sold in restaurants, markets, and grocery stores.

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Houthi Rebels Strike Norwegian Tanker with Missile

Supply Chain Brain

Though a Houthi spokesperson said the MT Strinda was delivering oil to Israel, the ship’s owners claimed it was headed to Italy with feedstock for biofuel.

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Switching to a 4-day workweek may require a ‘conscious redesign of work’

Supply Chain Dive

The transition involves more than just “condensing 40 hours of work into four days,” according to one analysis.

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More in store with IBM Storage Virtualize

IBM Supply Chain Blog

Managing data is difficult. In today’s hybrid cloud environments, data is spread across a large and complex data fabric encompassing on-premise storage and cloud infrastructure. This can lead to data becoming siloed and difficult to manage. With the ever-present threat of cyberattacks, it is more important than ever to ensure you have full visibility over your data storage and a simple way to configure your data for extreme resilience.

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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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Boeing names new COO

Supply Chain Dive

Company veteran Stephanie Pope has been promoted to help restore stability at the aerospace manufacturer amid supply chain disruptions.

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Blue Yonder Launches New AI Supply Chain Management Tool

Supply Chain Brain

Blue Yonder said that the new feature combines large language models (LLMs), cloud data and prompt engineering to recommend supply chain decisions.

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Promote resilience and responsible emissions management with the IBM Maximo Application Suite

IBM Supply Chain Blog

Embracing responsible emissions management can transform how organizations impact the health and profitability of their assets. This opportunity is undeniable. An IBM CEO study , based on interviews with 3,000 CEOs worldwide, reveals that CEOs who successfully integrate sustainability and digital transformation report a higher average operating margin than their peers.

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Dollar Tree prepares for streamlined delivery rollout

Supply Chain Dive

The retailer will begin using rotacarts at its North Carolina distribution center this month.

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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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Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023

Arkestro

Resources / Blog / Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 The holidays are here, meaning people all around the globe are attending festive parties, baking tasty treats, and — of course — shopping for gifts. It’s a time that can be both exciting and stressful for retailers, especially when many procurement teams face supply shortages, staffing shortages, and oth

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HICX makes the ProcureTech100 for the third year running

HICX

HICX is excited to announce it was named on the ProcureTech100 for the third year running. The list, created by ProcureTech in association with Kearney, showcases the top 100 pioneering digital procurement solutions. CEO of HICX, Costas Xyloyiannis, says, “We’re driving a better experience for all suppliers. In doing so, major brands are thinking differently about suppliers and helping them succeed.

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Budgeting In UK Schools: MAT, Academy Budgeting Challenges and Best Practices

Planergy

What's Planergy? Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy.

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AOP Introducing… Synertrade

Art of Procurement

Synertrade’s journey hasn’t been conventional, but it has led to them being able to offer a unique and comprehensive suite. The post AOP Introducing… Synertrade appeared first on Art of Procurement.

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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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5 Legal Tech Adoption Challenges (And How To Overcome Them)

ContractSafe

The fusion of law and tech has tremendous benefits, but not without bumps. Join us as we cover 5 legal tech adoption challenges and how to solve them.

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Manufacturing Execs Feel Worse About Future Business Prospects

Supply Chain Brain

The average optimism score of executives fell to 6.76 out of ten during August 2023 after coming in at 6.88 during March 2023.

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NEW WEBINAR — Accounts Payable 2024: BIG Trends and Predictions

CPO Rising

Join Ardent Partners and Esker on December 14th (2 PM ET) for a webcast on Accounts Payable 2024: BIG Trends and Predictions. Are you ready for 2024? Are you sure? This webinar is designed to help!

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Global EV Sales Experienced a Record-Breaking November

Supply Chain Brain

BEV and PHEV sales hit a monthly record of 1.4 million units during November 2023, up from 1.1 million the year prior.

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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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AstraZeneca Buys Vaccine Company Icosavax for $1.1B

Supply Chain Brain

The U.K.

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