Fri.Jan 26, 2024

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Supply chain and procurement leaders are flocking to generative AI: Gartner

Supply Chain Dive

Organizations are using the technology to simplify complexity, save time, reduce frustration and potentially cut back headcounts.

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V-LINE, Verusen Partner to Assist with Saudi Supply Chain Optimization

Supply Chain Brain

V-LINE said in a statement that its partnership with Verusen will help companies with industrial plants in Saudi Arabia streamline operations, reduce costs and boost efficiency.

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Warehouse employment keeps falling — and more layoffs loom

Supply Chain Dive

Companies are shifting their focus from expansion to efficiency within their supply chain networks, leading to job cuts and facility closures.

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Networks unchained: the shift toward intent-based autonomous operations

IBM Supply Chain Blog

Telecommunications industry, a cornerstone of global connectivity, has been going through a technological renaissance for some time, driven by innovations such as 5G, IoT, cloud computing and AI. As a result, networks have become increasingly hard to manage. There is a need for automation to handle routine tasks, monitor network health and respond to issues in real-time.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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Port of Oakland cargo volumes rise 8% YoY in December

Supply Chain Dive

The port benefited from increased vessel traffic to the U.S. West Coast as carriers reroute from the Panama Canal.

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

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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Instana 2023: Recapping our latest innovation

IBM Supply Chain Blog

You asked, and we delivered! At Instana, addressing our customers’ needs and creating a simple tool that is easy to use is fundamental to helping our DevOps and SRE teams reduce burnout rates, allowing them to excel in what they do best. Taking all your feedback and market insights into perspective and careful consideration, we are thrilled to announce that in 2023.

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NextGen Leader: Alpesh Chaddha

SCMR (Supply Chain Management Review)

Alpesh Chaddha joined Phillip Morris International in 2021, but since then, the vice president of operations strategy and results delivery has played a key role in helping guide it toward a smoke-free future.

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11 Tips to Take Your Supply Chain Career to the Next Level

SCMDOJO

Embarking on a journey to elevate your supply chain career requires a strategic roadmap, and in this blog post, we unveil eleven proven strategies that will act as your compass to success. As the demand for supply chain professionals continues to grow, staying ahead in this dynamic field demands more than technical know-how—it necessitates a holistic approach to career development.

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IBM and business partner bring intelligent equipment maintenance to automotive company with IBM Maximo

IBM Supply Chain Blog

IBM® recently announced that it has worked with its business partner, Beijing Shuto Technology Co., Ltd. (hereafter as Shuto Technology) to help a joint venture Original Equipment Manufacturer (OEM) in China to obtain information in an accurate and cost-effective way for on-site technicians. This makes the client’s equipment repair work more efficient and improves the reliability of its equipment.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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From Challenges to Triumph: J&J Snack Foods’ Procurement Team’s Path to Negotiation Excellence

Shapiro Negotiations Institute

Michael Sheridan joined J&J Snack Food , a leading and innovative snack food company , as head of procurement in early 2023. Right away he noticed that his procurement team, though talented and skilled in their trade, faced a few challenges while negotiating supplier and vendor contracts , as they were not formally versed in the nuances of negotiation.

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The different types of renewable energy 

IBM Supply Chain Blog

Renewable energy , also known as clean energy, is produced from natural resources that are generated and replenished faster than they are consumed—such as the sun, water and wind. Most renewable energy sources produce zero carbon emissions and minimal air pollutants. Fossil fuels (oil, coal and natural gas) on the other hand, are finite resources and release harmful greenhouse gas emissions (GHGs), including carbon dioxide (CO2) and methane, when burned.

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CPO Rising Listicle: Part One — Hire and Retain Top Talent with Four Strategies

CPO Rising

Fridays (in 2024) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement… The post CPO Rising Listicle: Part One — Hire and Retain Top Talent with Four Strategies appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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What is vegetation management? 

IBM Supply Chain Blog

When North America suffered its largest blackout , it cost upwards of USD 6 billion and left 50 million people without power for up to two days. What caused the blackout? Overgrown trees that came into contact with a power line. Beyond causing blackouts, overgrown vegetation can also cause soil erosion and water quality problems, disrupting both our economy and the environment.

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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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What Are the Pressures That Procurement Faces In 2024 and Beyond?

Barkers Procurement

The Pressures That Procurement Faces In 2024. In recent years, we have seen the demand placed upon the Procurement function significantly increase. Last year, McKinsey reported that in 2023 alone, the typical workload on the function was set to increase by over 10%. Of note was that the increase in workload was juxtaposed by data that suggests that for most organisations, headcounts were set to be reduced or maintained at best.

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Decoding the future: unravelling the intricacies of Hybrid Cloud Mesh versus service mesh 

IBM Supply Chain Blog

Hybrid Cloud Mesh, which is generally available now, is revolutionizing application connectivity across hybrid multicloud environments. Let’s draw a comparison between Hybrid Cloud Mesh and a typical service mesh to better understand the nuances of these essential components in the realm of modern enterprise connectivity. This comparison deserves merit because both the solutions are focused on application-centric connectivity albeit in a different manner.

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Growth Marketing vs. Demand Generation: Goals, Tactics, Funnel, and Software

The Thomas Blog

In the field of digital marketing, demand generation, and growth marketing are two distinct but related tactics. Growth marketing is meant to help you acquire and retain users or customers. Demand generation, on the other hand, seeks to generate leads for the sales funnel by raising awareness and interest in your offerings. Demand generation places more emphasis on increasing brand awareness and engagement than growth marketing, which aims for quick expansion.

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Tesla Recalls 200,000 Cars Due to Backup Camera Issue

Supply Chain Brain

Affected models include the 2023 versions of Tesla Model S, Model X and Model Y vehicles, based on a document published by the National Highway Traffic Safety Administration January 23.

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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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What Are the Pressures That Procurement Faces In 2024 and Beyond?

Barkers Procurement

In recent years, we have seen the demand placed upon the Procurement function significantly increase. Last year, McKinsey reported that in 2023 alone, the typical workload on the function was set to increase by over 10%. Of note was that the increase in workload was juxtaposed by data that suggests that for most organisations, headcounts were set to be reduced or maintained at best.

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CPO Rising Listicle: Hire and Retain Top Talent with Four Strategies

CPO Rising

Fridays (in 2024) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team. With the unemployment rate currently at 3.

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Instana 2023: Recapping our latest innovation

IBM Supply Chain Blog

You asked, and we delivered! At Instana, addressing our customers’ needs and creating a simple tool that is easy to use is fundamental to helping our DevOps and SRE teams reduce burnout rates, allowing them to excel in what they do best. Taking all your feedback and market insights into perspective and careful consideration, we are thrilled to announce that in 2023.

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Biden Administration Pausing Several LNG Export Projects

Supply Chain Brain

Two senior officials said a recent boom in U.S. LNG exports prompted the need for an analysis of the entire domestic gas market, the U.S. gas industry’s first since 2018.

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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 Indigenous perspectives can guide climate innovation for a just transition: IBM teams up with Net Zero Atlantic in Canada

IBM Supply Chain Blog

The windswept province of Nova Scotia lies on Canada’s Atlantic coast, and comprises part of Mi’kma’ki, the traditional districts of the Mi’kmaq First Nations people. In recent years, Nova Scotia has become a promising site for the clean energy transition, with some of the world’s fastest offshore wind speeds and potential for hydrogen development.

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Is it time for procurement to create its own “Human Library?”

Procurement Insights

“The Human Library is designed to build a positive framework for conversations that can challenge stereotypes and prejudices through dialogue. The Human Library is a place where real people are on loan to readers. A place where difficult questions are expected, appreciated, and answered. The Human Library is a Danish idea from 2000 and is now available in more than 80 countries.” – Don’t Judge a Book by its cover In the age of ChatGPT and generative AI, there is a common thread