Mon.Apr 22, 2024

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CPO Crunch: Win friends and influence people

Procurement Leaders

One of the privileges of being in this role is the opportunity it offers to have regular conversations with CPOs about their visions for the function and the strategic journeys they are on. It’s inspiring and helps to inform many of our own strategic product decisions. It’s conversations like these, as well as the many other community interactions we have, which have informed the development of our long-term product theme, Horizon 2030: Glide Paths for Sustainable Growth.

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Navigating Global Supply Chain Disruptions: Strategies for Resilience

SCMDOJO

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. But what steps can you take to a more resilient supply chain during disruptions? This article will explore why disruptions happen, and how the industry deals with them as they come. If you’re ready to learn more about creating stronger supply chains, read below.

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The secret sauce for generative AI and sustainability: Data quality

Supply Chain Dive

Generative AI has tremendous potential to help create a more sustainable supply chain. But how can you use it with inaccurate, inconsistent data?

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Watch: Inventory Planning in an Unknown World

Supply Chain Brain

Growing uncertainties in global supply chains necessitate a fresh approach to inventory strategy, says Warren Owen, vice president solutions consultants with Netstock.

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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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How Schneider National tapped into shipper needs post-Baltimore bridge collapse

Supply Chain Dive

Following a wave of freight rerouting requests, a quickly deployed email campaign gave the carrier’s drayage and other logistics services a boost.

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How the EU’s New Sustainability Directive Affects Global Supplier Networks

Supply Chain Brain

The European Union has updated proposed sustainability compliance legislation to target only the region’s largest businesses for enforcement.

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Penny: Vendor Analysis — P2P solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Penny and its P2P solution. Penny is a cloud-based procurement solution that covers the procurement journey from purchase requisition to sourcing to payments. Customers can pick and choose from an array of modules (Purchase Requisition, E-Sourcing, Orders, GRN, Bills, Payments). This Vendor Analysis explores Penny’s platform, application and supporting services.

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Port of Baltimore on Track to Fully Reopen By End of May

Supply Chain Brain

The U.S. Department of Transportation reaffirmed the timeline the reopen the Port of Baltimore in a meeting with East Coast port leaders.

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For the planet and people: IBM’s focus on AI ethics in sustainability

IBM Supply Chain Blog

AI can be a force for good, but it might also lead to environmental and sustainability concerns. IBM is dedicated to the responsible development and deployment of this technology, which can enable our clients to meet their sustainability goals. “AI is an unbelievable opportunity to address some of the world’s most pressing challenges in health care, manufacturing, climate change and more,” said Christina Shim, IBM’s global head of Sustainability Software and an AI Ethics

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Why Planning Isn’t Enough to Achieve True Operational Excellence

Supply Chain Brain

As we’ve seen over the last few years, planning and forecasting alone haven’t been enough to deal with the delays and shortages rippling through global supply chains.

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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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AI this Earth Day: Top opportunities to advance sustainability initiatives

IBM Supply Chain Blog

This Earth Day, we are calling for action to conserve our scarcest resource: the planet. To drive real change, it’s crucial for individuals, industries, organizations and governments to work together, using data and technology to uncover new opportunities that will help advance sustainability initiatives across the globe. The world is behind on addressing climate change.

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Fashion Brands Make Earth Day Commitment to Preserve Endangered Forests

Supply Chain Brain

A group of 15 fashion and lifestyle brands are committing to ending the sourcing of textile and packaging supply chains from ancient and endangered forests.

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What is on the Horizon for Supply Chain Management?

The Network Effect

The post What is on the Horizon for Supply Chain Management? appeared first on The Network Effect.

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Tennessee Volkswagen Workers Vote to Unionize

Supply Chain Brain

Two prior votes at the factory, including in 2019, had failed, but attitudes toward organized labor in the U.S. appear to be shifting.

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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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Deployable architecture on IBM Cloud: Simplifying system deployment

IBM Supply Chain Blog

Deployable architecture (DA) refers to a specific design pattern or approach that allows an application or system to be easily deployed and managed across various environments. A deployable architecture involves components, modules and dependencies in a way that allows for seamless deployment and makes it easy for developers and operations teams to quickly deploy new features and updates to the system, without requiring extensive manual intervention.

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Vegas-to-California $12 Billion Rail Line Kicks Off Construction

Supply Chain Brain

The Fortress Investment Group-backed rail operator is projected to run 218 miles along the median of Interstate 15.

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The last mile: Your first critical step to delivering cost savings and profit

Supply Chain Dive

Last mile delivery is the most critical — and most expensive — part of the shipping process.

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Tools and Technologies Used by Supplier Auditors

Procurement Freelancers

Ensuring product quality and adherence to industry standards is of utmost significance. This is where… The post Tools and Technologies Used by Supplier Auditors first appeared on Procurement Blog | Procurement & Supply Chain News.

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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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Magnus Mondays — Make vs. Buy: Procurement Tech Edition

CPO Rising

Last week I tackled the question of what to do with a failed P2P implementation. This week I’ll be addressing another common question: Is it a good idea to build your own procurement solution?

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Port of Los Angeles Stopped Millions of Cyber-Intrusions in 2023

Supply Chain Brain

Biden administration cybersecurity advisor Anne Neuberger praised the port's Cyber Resilience Center as an example of how government and the private sector can work together.

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