All Things Supply Chain
MARCH 27, 2024
Amidst escalating attacks and a seemingly unending crisis, the Red Sea predicament is poised to disrupt trade volumes significantly and pose formidable challenges to shippers’ operational strategies at least in…
IBM Supply Chain Blog
MARCH 27, 2024
Here’s the situation: You’re the CIO or similarly empowered representative of an organization. Different voices within your business are calling attention to the awesome scalability and power of hyperscale computing, which you’ve also noticed with increasing interest. Now the word comes down from on high that you’ve been tasked with designing and implementing your company’s hyperscale computing solution—whatever that should be.
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Supply Chain Brain
MARCH 27, 2024
Second-hand e-commerce has witnessed something of a boom period in recent years, fueled largely by changing consumer attitudes towards affordability, longevity, sustainability, and effectiveness.
IBM Supply Chain Blog
MARCH 27, 2024
As AI technology advances, the need for high-performance, cost-effective and easily deployable solutions reached unprecedented levels. EclipseStore, a groundbreaking data storage platform from MicroStream , is revolutionizing the development of cutting-edge software applications. IBM ® collaborated with MicroStream to integrate the IBM WebSphere ® Liberty InstantOn feature within EclipseStore.
Advertiser: GEP
Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.
Supply Chain Brain
MARCH 27, 2024
For all the costly hardware the U.S. and its allies have thrown at Houthi rebels, they haven’t been able to stop the attacks on freighters and warships in the Red Sea.
IBM Supply Chain Blog
MARCH 27, 2024
The end of March marks the conclusion of Women’s History Month. And despite the increased focus on women’s issues and contributions to society throughout the month, the conversation would be incomplete without recognizing how indispensable the success of women—past and present—has been in the tech industry. In particular, women are leading the way every day toward a new era of unprecedented global innovation in the field of generative AI.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Spend Matters
MARCH 27, 2024
Artificial intelligence (AI) comes in many different forms (for a complete history of AI in procurement, check out our recently published autoaugmentation series) and despite being a consistent “hot topic” for well over a decade now, continues to grow and evolve each year in the procurement industry. This article explores the current state of AI in the CLM market, including a capabilities overview, a high-level market overview and an introduction to the emerging field of GenAI in CLM.
Supply Chain Brain
MARCH 27, 2024
The collapse of Baltimore's Francis Scott Key Bridge raises urgent questions about the vulnerability of infrastructure that keeps ships flowing through vital U.S. ports.
Supply Chain Dive
MARCH 27, 2024
CSX and Norfolk Southern are emphasizing communication and flexibility to preserve service reliability.
Supply Chain Brain
MARCH 27, 2024
The collapse of Baltimore's Francis Scott Key Bridge raises urgent questions about the vulnerability of infrastructure that keeps ships flowing through vital U.S. ports.
Speaker: Kevin Kai Wong, President of Emergent Energy Solutions
In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene
IBM Supply Chain Blog
MARCH 27, 2024
The rising interest in the calculation and disclosure of Scope 3 GHG emissions has thrown the spotlight on emissions calculation methods. One of the more common Scope 3 calculation methodologies that organizations use is the spend-based method, which can be time-consuming and resource intensive to implement. This article explores an innovative way to streamline the estimation of Scope 3 GHG emissions leveraging AI and Large Language Models (LLMs) to help categorize financial transaction data to
Spend Matters
MARCH 27, 2024
The leaders of the procurement world are up against increasing pressure to, and indeed have the appetite to, “drive significant and unprecedented levels of value” — so says the results of the latest global CPO survey , performed by Deloitte and with expert input from Spend Matters chief research officer and procurement technology authority Pierre Mitchell.
Supply Chain Dive
MARCH 27, 2024
Other manufacturers in the area, including Stanley Black & Decker and McCormick & Co., are still operating after the accident.
Supply Chain Brain
MARCH 27, 2024
Artificial intelligence can help eliminate unneeded inventory, says Sankalp Arora, chief executive officer and co-founder of Gather AI.
Advertiser: GEP
Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.
SCMR (Supply Chain Management Review)
MARCH 27, 2024
Procurement activities can have a positive impact on a business’ bottom line, leading to more profit without the need to expand spending.
Supply Chain Brain
MARCH 27, 2024
Neptune's robot cleans up biofouling: the algae, seaweed, barnacles and other organisms that accumulate on hulls, adding drag and reducing fuel efficiency.
SCMDOJO
MARCH 27, 2024
The world of supply chain management is fast-paced. Hence, leveraging the right technological tools becomes not only beneficial. It is also a means to maintain a competitive edge and operational excellence. For those who use a Mac as their trusted companion in 2024, the hunt ends here. This comprehensive guide highlights software that stands out. However, it goes beyond mere listings.
Supply Chain Brain
MARCH 27, 2024
A majority of the world's food waste comes from households, comprising roughly 60% of the billion tons thrown away in 2022.
Speaker: Scott Campbell and Molly Feller
As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe
Supply Chain Dive
MARCH 27, 2024
The downed bridge is marooning the Port of Baltimore and threatening the region's supply chain.
SCMR (Supply Chain Management Review)
MARCH 27, 2024
Commercial shipping traffic into and out of the Port of Baltimore remains on hold following the collapse of a bridge in the region on Tuesday.
Supply Chain Dive
MARCH 27, 2024
Auto suppliers are diverting shipments, while truckers are bracing for possible transport challenges.
IBM Supply Chain Blog
MARCH 27, 2024
Climate change causes extreme weather events across the world that endanger people’s lives and disrupt the businesses on which they depend. In Africa, for example, recurring droughts, floods and cyclones due to climate change might cause crop failures and food insecurity. As businesses make plans to mitigate climate risks such as extreme weather events, they have an opportunity to innovate with new business models and demonstrate leadership by implementing more sustainable practices.
Advertiser: GEP
The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?
Procurement Insights
MARCH 27, 2024
My day starts around 6:00 AM with the silence of the morning, my breaking news feeds, and a cup of coffee. For me, that first sip of java is genuinely one of the highlights of my day! Recently, I had an extra caffeine boost thanks to a podcast featuring Costa Coffee’s Francisco Javier Martínez Moreno. As Costa Coffee’s Chief Supply Chain Officer, Francisco joined Leaders in VALUE CHAIN host Radu Palamariu to talk about his twenty years in the supply chain with Costa Coffee and, befor
HICX
MARCH 27, 2024
By Costas Xyloyiannis, CEO of HICX Despite best efforts, Finance leaders struggle to allay the tactics of criminals posing as suppliers. Fraudsters would be easier to deter if Finance had a steady source of accurate supplier information. In practice, though this information is notoriously inaccurate. The department responsible for managing supplier information, Procurement, works closely with Finance.
Arkestro
MARCH 27, 2024
Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.
Una
MARCH 27, 2024
Procurement’s Role in Achieving Zero Waste Now’s the time to rethink business practices surrounding sustainability and embrace procurement’s role in achieving zero waste. By Hugo Britt | March 28, 2024 Search Search Sometimes, the challenge of reducing or eliminating waste can seem overwhelming. Even if you diligently sort your recycling at home and attempt to choose low-packaging items at the supermarket, it can be dispiriting when you think about the wave of waste threatening the p
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When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.
Supply Chain Brain
MARCH 27, 2024
China's surplus of solar power, electric vehicles, and lithium-ion batteries allows them to ship those products to other countries at lower rates.
Una
MARCH 27, 2024
EPISODE 158 All Eyes Should Remain on the Red Sea with Kris Lance By Kelly Barner | March 27, 2024 Human nature has a way of becoming numb to that which we absorb as part of the status quo. Sadly, this doesn’t just pertain to the weather; it also applies to human suffering and warfare, especially if it is far away. Today this applies in the form of the Red Sea attacks that continue, and which have escalated, turning global supply chains into a literal battlefield.
CPO Rising
MARCH 27, 2024
CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.
IBM Supply Chain Blog
MARCH 27, 2024
Here’s an argument for modernizing payments: Profits from traditional payment types are caught in a death spiral. As usage of traditional methods of payments decline, the high fixed cost to maintain them begins to seriously hurt margins as the revenue from smaller volumes declines. Increasing the price for the remaining transactions only hastens the decline.
Advertiser: GEP
Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.
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