Tue.Nov 28, 2023

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List of Top 7 Supply Chain Management Scholarships

SCMDOJO

Supply chain management is one of the popular courses in today’s world and the education system. It is a field that requires individuals to have technical and excellent problem-solving abilities, which are vital in enhancing efficient logistics operations in different industries. Pursuing a degree in supply chain management requires utmost dedication and adequate finances to cater for tuition, accommodation, stationery, and other important necessities for a smooth school life.

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How the US is leveraging its spending power to strengthen supply chains

Supply Chain Dive

Procurement tactics like creating demand signals and convening key industry players are critical tools in the government's playbook, a White House advisor told Supply Chain Dive.

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Trending Sources

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Biden Administration Holds First Supply Chain Council Meeting

Supply Chain Brain

Biden used the meeting to announce 30 actions that will provide Americans with access to medicine and the economic data needed to track the production and shipment of certain goods.

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How a furniture company’s bankruptcy became a logistics nightmare

Supply Chain Dive

After Mitchell Gold Co. ran out of cash, logistics partners storing thousands of products were left without payment — and customers were left waiting for delivery.

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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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Rolls-Royce to Sell Electric Flight Division

Supply Chain Brain

The British luxury car manufacturer wants to record operating profits between $3.17 billion and $3.55 billion a year, the company said in its plan announced November 28.

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White House launches DOT Multimodal Freight Office

Supply Chain Dive

The office, created by the Bipartisan Infrastructure Law, will develop a national multimodal freight network and advance freight logistics improvements.

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From Whiteboard to Warehouse: Writing an Effective Warehouse Automation RFP

SCMR (Supply Chain Management Review)

Supercharge your warehouse performance with these key metrics and proven strategies from WERC's DC Measures Report. Download now!

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Best practices for augmenting human intelligence with AI

IBM Supply Chain Blog

Artificial Intelligence (AI) should be designed to include and balance human oversight, agency, and accountability over decisions across the AI lifecycle. IBM’s first Principle for Trust and Transparency states that the purpose of AI is to augment human intelligence. Augmented human intelligence means that the use of AI enhances human intelligence, rather than operating independently of, or replacing it.

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Auto industry eyes air freight to trim backlogs post-UAW strike

Supply Chain Dive

Suppliers and OEMs are prioritizing shipping speed and reliability to aid their supply chain recovery, industry experts say.

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Gartner’s Collaborative Leadership Sets Top Execs Apart Article Fires On All Cylinders, But.

Procurement Insights

In Gartner’s latest article , they hit on all the right points, providing great insights into the importance of collaborative leadership and how it makes all the difference in the world during these uncertain and volatile times. Covering topics like growth, technology, and talent makes it a must-read. I especially liked the BNY Mellon Becomes Data-Driven video.

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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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Maritime Emissions Trend Downwards, Report Says

Supply Chain Brain

The report's authors say it not only celebrates the progress made in certain areas but also highlights the ongoing challenges, underscoring the urgency for continued action and innovation.

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Saks to lay off 90 at Pennsylvania fulfillment center

Supply Chain Dive

The cuts are slated to begin in January as the e-commerce retailer shifts volume to more advanced facilities.

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Tecsys Launches WMS Tool for Healthcare Sector

Supply Chain Brain

The new system will help companies ensure they are compliant with regulations laid out in the Drug Supply Chain Security Act (DSCSA), which was passed into law earlier in November.

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Prepare for an Unpredictable Retail Future with Goods-to-Person Automation

SCMR (Supply Chain Management Review)

Prepare for an Unpredictable Retail Future with Goods-to-Person Automation - Discover the Solution for Flexible, Accurate, and Scalable Fulfillment.

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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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Watch: How to Know If You're Ready to Automate Your Warehouse

Supply Chain Brain

Automating a warehouse can take up to three years, so it’s good to take into account all the many factors involved and how long they will take to implement, says Michael Fiorito, senior sales executive at Exotec.

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Antifragile Supply Chains Better Able to Weather Uncertainty

SCMR (Supply Chain Management Review)

New research from Gartner finds that only 9% of supply chain organizations are able to achieve revenue gains during periods of uncertainty.

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Episode 142: 2023 Listener Favorites with Kris Lance

Una

EPISODE 142 2023 Listener Favorites with Kris Lance By Kelly Barner | November 29, 2023 “The single biggest problem in communication is the illusion that it has taken place.” – George Bernard Shaw The Sourcing Hero podcast releases 50 new interviews every year, and while every episode offers unique value and insights to listeners, a few are bound to become listener favorites.

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Coca-Cola Aims for 100% Accuracy Using Vision Picking Solution

SCMR (Supply Chain Management Review)

Streamline Warehouse Operations with TeamViewer xPick - Learn How Coca-Cola HBC Implemented This Innovative Solution!

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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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Transforming Your Sales Team: the ROI of Investing in Negotiation Training

Negotiations Ninja

In the fast-paced world of sales, negotiation skills are more than just an asset—they’re necessary. A strong negotiator is more likely to close the deal when it comes to your salespeople, and those who’ve undergone negotiation training are most likely to lead the pack.

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Agility and Cost Savings With Generative AI

SCMR (Supply Chain Management Review)

Don't fall behind - unleash the power of generative AI in your procurement operations today with our practical ebook guide.

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Nonprofit Contract Management Software: Guide for NGOs and NPOs for 2024

ContractSafe

Behind every cause, volunteer army, and impactful mission, there’s a mountain of paperwork that never stops growing. For every generous donation, there's an agreement; for every volunteer's commitment, there's a contract.

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AOP Introducing… LavenirAI

Art of Procurement

In this episode of AOP Introducing, Clive R. Heal speaks with Kelly Barner about his vision and drive for applying. The post AOP Introducing… LavenirAI appeared first on Art of Procurement.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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U.S. Sales of Toys and Games Down Through 2023

Supply Chain Brain

Toy and game imports have fallen sharply in 2023 while sales at toy stores, department stores and other gift outlets were down in October.

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The Perils of Treating Energy & Utilities Invoices Like Every Other Payment

Procurement Foundry

Every 30 days or so, I get the same alert on my phone—“Your electricity bill is available for viewing.” I take a quick look, make sure nothing seems too off-kilter, and promptly forget about it for the next 30 days. Because I’ve set my personal electricity bill up for auto-pay, the entire process generally takes less than 60 seconds from the time I open that email to when I’ve gone back about my business.

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marcusevans CPO Summit Returns to Dallas in May 2024

Supply Chain Brain

An invitation-only, premium Summit bringing leading senior procurement executives and innovative suppliers and solution providers together.

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Rethinking Procurement Incentives for Long-Term P&L Impact

Procurement Foundry

The topic of our recent roundtable discussion with a dozen Procurement Foundry community members— exploring potential flaws in procurement incentive plans —was one that we anticipated would generate a lively debate…and we were not wrong!

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.