Fri.Feb 16, 2024

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Nicole Glenn on the Power of Hope and Transforming the Logistics Industry

Let's Talk Supply Chain

2024 is coming at us fast and the supply chain is front-and-center when it comes to geopolitical tensions and wars plaguing the globe. Just this week, retail brands called for safe travel on the Red Sea amidst growing rates and delays and regional fighting that has cost over $80B in inventory. Yes, don’t forget the pirates. Just as piracy has eased up on other shores along Somalia, it’s on the rise again there and elsewhere.

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Almost All Independent U.S. Pharmacies Facing Drug Shortages, Survey Says

Supply Chain Brain

Eighty-seven percent of respondents said that they are experiencing a shortage of Adderall or other generic drugs, which was slightly down compared to a similar survey conducted in September.

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Reducing defects and downtime with AI-enabled automated inspections

IBM Supply Chain Blog

A large, multinational automobile manufacturer responsible for producing millions of vehicles annually, engaged with IBM to streamline their manufacturing processes with seamless, automated inspections driven by real-time data and artificial intelligence (AI). As an automobile manufacturer, our client has an inherent duty to provide high-quality products.

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IBM Speaks on AI! What’s really real? What’s behind all the cool videos and sales and marketing information?

Procurement Insights

EDITOR’S NOTE: The following is a post/video by IBM regarding the market’s perception of AI. I share my thoughts below. Natalie Gunn , Data and AI Innovation Leader, IBM, and Nicole Park , Senior Banking and Financial Markets Sales Leader, IBM Global Industries Is the appetite for Gen AI different in Australia than in the USA? What are the concerns and how are IBM business leaders helping to address them?

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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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Customer service vs customer experience: Key differentiators

IBM Supply Chain Blog

In many organizations, but not all, customer service is treated as part of the customer experience. Both are interested in driving customer satisfaction, but they focus on different parts of the customer journey to achieve it. So what are the key differences in customer service vs. customer experience? And why do both matter for your business? Customer experience , or CX, is a holistic accounting of customers’ perceptions resulting from all their interactions with a business or brand, whet

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Cargo diversions to West Coast have started, LA port director confirms

Supply Chain Dive

Lunar New Year and a strong U.S. economy also contributed to a rise in cargo volumes in January, Gene Seroka said.

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Maersk adds digital booking to air freight services

Supply Chain Dive

The online tool enables access to instant prices across 70,000 airport connections.

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What are Breach and Attack Simulations?

IBM Supply Chain Blog

Breach and Attack Simulation (BAS) is an automated and continuous software-based approach to offensive security. Similar to other forms of security validation such as red teaming and penetration testing , BAS complements more traditional security tools by simulating cyberattacks to test security controls and provide actionable insights. Like a red team exercise, breach and attack simulations use the real-world attack tactics, techniques, and procedures (TTPs) employed by hackers to proactively i

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LG Energy Solution, WesCEF expand lithium supply deal

Supply Chain Dive

The partnership will supply the battery maker's North American manufacturing sites and produce more IRA-compliant vehicles.

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Port of LA Kicks Off 2024 with Near-Record January Volume

Supply Chain Brain

January also marked the sixth straight month of year-over-year gains for the Port of Los Angeles, surpassing January 2023’s totals by 18%.

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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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Front-line workers are more likely to be anxious and depressed, survey finds

Supply Chain Dive

Employers have a vested interest in educating these essential workers about their well-being options, meQuilibrium’s chief science officer said.

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Airbus Aims to Complete 800 Aircraft Deliveries in 2024

Supply Chain Brain

The company said February 15, during an annual earnings report, that it wants to deliver 800 commercial planes in 2024, up from 735 in 2023.

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ONE, Wan Hai Lines launch revamped Asia-US West Coast service

Supply Chain Dive

The AP1 service is set to start in late spring as import volumes on the popular trade route continue to grow.

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Guest Article: How to Navigate 2024 with Confidence — Procurement’s “Words of the Year”

CPO Rising

[Editor’s Note: Today’s article is a guest post from Market Dojo, a technology company offering Software as a Service built by procurement professionals, for procurement professionals. Its solutions enable procurement to overcome the challenges they face through managing data, mitigating risk, and minimizing costs.

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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