Fri.Dec 22, 2023

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Suez Canal at risk: What shippers should know to mitigate disruption

Supply Chain Dive

Using alternative routes like the Cape of Good Hope not only means longer transit times but higher freight costs. Here’s what shipping experts had to say.

Risk 130
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Cleveland Clinic Climbs Atop Gartner’s Healthcare Supply Chain Top 25

SCMR (Supply Chain Management Review)

The Cleveland Clinic is the top healthcare supply chain according to Gartner, which also recognized the Mayo Clinic and Intermountain Health as Masters for their continued excellence.

professionals

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Trending Sources

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FedEx redesigns air network to boost speed, profits

Supply Chain Dive

The company’s “Tricolor” initiative aims to serve e-commerce growth and shifting volume mix.

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U.S. Launches Semiconductor Supply Chain Review Due to China Concerns

Supply Chain Brain

The survey aims to identify how American companies are sourcing legacy chips as the country looks to award almost $40 billion in subsidies for semiconductor chip manufacturing.

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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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The Intelligent IBP Manifesto – key principles for a new planning paradigm

Supply Chain Trend

We’ve entered an AI era where 76% of work can be augmented or automated. The IBP paradigm has hardly changed for 30 years, the decision needle has not moved enough. However, only 3% of companies apply automated execution and 7% autonomous end to end planning. 2% of managers apply best practice decision methods. Hardly a recipe for improving planning & decision making.

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Capital Product Partners Finalizes $3B Acquisition of 11 LNG Vessels

Supply Chain Brain

Capital Product Partners entered into an umbrella agreement with Capital Maritime & Trading Corp. and Capital GP on November 13, 2023 to acquire 11 LNG vessels from Capital Maritime.

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

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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Gebrüder Weiss Opens Third Australian Location

Supply Chain Brain

The company said that it is planning to open additional locations in northern and western Australia in order to provide “blanket coverage” for the entire continent.

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Wolverine Worldwide appoints chief supply chain officer

Supply Chain Dive

In the newly created role, Bishu Jayaram will be responsible for the footwear company’s sourcing, distribution and logistics.

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Is “Too Good To Go” a Procurement Solution App, Environmental Service, Supply Chain & Logistics Provider, or Market Intelligence Company?

Procurement Insights

EDITOR’S NOTE: I am going to share the following post with you. After reading it, tell me which one of the four options in the title of today’s post applies (see poll below). Sam Kashani, VP, Global Operations – FMCG at Too Good To Go Exciting news – Apple names Too Good To Go as one of the best apps in the world! We’re honoured to be named as Winner in the ‘2023 Cultural Impact’ category at the prestigious annual Apple App Store Awards.

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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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Port of Oakland cargo volumes fell 10% YoY in November

Supply Chain Dive

Despite the decline, loaded import containers processed at the port rose 4% to 71,258 TEUs.

Import 101
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Days Sales Outstanding: What Is It and How To Calculate It

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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Best of 2023: CPO Rising Listicle — Six Recommendations to Mitigate Supplier Risk

CPO Rising

Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2023 articles as we reflect on the year and prepare for the new year ahead. Fridays (in 2023) means that it’s time for another CPO Rising Listicle.

Risk 52