Supply Chain Dive

JANUARY 30, 2024

Risk is sparing no mode of transportation in 2024, as geopolitics, labor talks, freight demand and capacity fluctuations will continue to alter supply chain strategies.

Logistics 141

Logistics Supply chain Demand Risk 141

Spend Matters

JANUARY 30, 2024

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. Our series runs from mid-December through January, and then our senior analysts will wrap up with their own take on the key themes that emerge.

Procurement solutions 96

Procurement solutions Procurement Spend management Collaboration 96

Supply Chain Dive

JANUARY 30, 2024

The delivery giant doesn’t expect to rehire for those positions when volume rebounds, as it undergoes “a change in the way we work,” its CFO said.

Demand 132

Demand 132

IBM Supply Chain Blog

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. According to a recent forecast from Gartner (link resides outside ibm.com) worldwide end-user spending on public cloud services is expected to grow 20.4% to total $678.8 billion in 2024, up from $563.6 billion in 2023.

Strategy 91

Strategy Real-time Visibility Data Risk 91

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Supply Chain Optimization

Supply Chain Brain

JANUARY 30, 2024

The China Electricity Council said that wind and solar energy would make up about 40% of installed power generation capacity in 2024, compared to coal's 37% capacity.

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105

Supply Chain Dive

JANUARY 30, 2024

The grocer is requiring its fresh produce suppliers to use Integrated Pest Management practices by the end of the decade to help create a more sustainable supply chain.

Suppliers 105

Suppliers Sustainability Supply chain Management 105

SCMR (Supply Chain Management Review)

JANUARY 30, 2024

BigCommerce VP of Business Development and GM of Shipping Matt Crawford sees the retail supply chain from many angles. He joins Supply Chain Management Review to discuss the state of the supply chain, e-commerce and the last mile in this 6 Questions With … feature.

Retail Supply Chain 88

Retail Supply Chain Supply chain management Supply chain management Supply chain 88

IBM Supply Chain Blog

JANUARY 30, 2024

What can your organization achieve with a modern observability solution? Data from a new Forrester Consulting study showed that a composite organization that used the IBM Instana™ Observability platform achieved a 219% ROI over three years. Likewise, it saw a 90% reduction in troubleshooting time by providing high fidelity data to the right people at the right time.

Data 87

Data 87

Supply Chain Brain

JANUARY 30, 2024

The jobs reduction will save $1 billion this year, said CEO Carol Tomé during an earnings conference call with analysts January 30.

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105

Supply Chain Dive

JANUARY 30, 2024

Companies are adjusting their strategies at every step of the supply chain to position themselves for success in the year ahead.

Supply chain 110

Supply chain Risk Supply Strategy 110

Advertiser: GEP

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.

Supply chain

Supply Chain Brain

JANUARY 30, 2024

Operational expectations for supply chains continue to rise, where optimal efficiency, swift speed, rigorous cost control and an elevated customer experience have become table stakes. In addition to operational excellence, CEOs are looking to their supply chains to address a new challenge: driving profitable growth for the enterprise.

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 97

Una

JANUARY 30, 2024

EPISODE 150 2024: The Year of the Dragon? with Kris Lance By Kelly Barner | January 31, 2024 In Chinese culture, the dragon represents good luck, strength, and health. Given the challenges dominating this year’s headlines, all of us are probably going to need a balance of all three to make it through the year successfully. Every new day’s headlines remind us that no matter where we live and work, global forces can swoop in and change everything at a moment’s notice.

Supply Chain Optimization 80

Supply Chain Optimization Supply chain Sourcing Procurement 80

Supply Chain Brain

JANUARY 30, 2024

Effective supplier collaboration is a key requirement for increasing maturity of supply chain operations. To address the needs for sharing more information in a more structured way, organizations typically end up deploying a number of supply chain applications and collaboration tools that collectively meet all of their requirements and use cases.

Collaboration 98

Collaboration Suppliers Supply chain Supply 98

Supply Chain Dive

JANUARY 30, 2024

The new site features 73 truck docks and is located within 2 miles from the gummi maker's production plant in Pleasant Prairie.

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93

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

Bidding

Supply Chain Brain

JANUARY 30, 2024

Over a third of participants said that resource scarcity has led to increased costs for their businesses while another 27% said that these limitations have caused supply chain disruptions.

Supply chain 94

Supply chain Supply 94

IBM Supply Chain Blog

JANUARY 30, 2024

In the last post , we looked at creating a blueprint for a sustainable data center. Now we’ll look at how to get the most out of a modern data center. We don’t need to re-create the wheel all the time. Sometimes, we can look to others who have gone before us for inspiration and examples to help shape our vision for success. And, when we work with partners that have “been there, done that,” we can accelerate our success, taking our vision to a mission to reality.

Data 71

Data Strategic planning Supply Chain Efficiency Supply Chain Optimization 71

Supply Chain Brain

JANUARY 30, 2024

P.S. Subramaniam, a partner in the Strategic Operations and Performance practice of Kearney, explains how electronics manufacturers went from having too few materials and components on hand to too many in a very short time — and how they can do a better job of planning in the future.

Inventory 91

Inventory 91

Supply Chain Dive

JANUARY 30, 2024

The ports of Seattle and Tacoma also handled more international containers in December.

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107

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.

Supply Chain Optimization

Supply Chain Brain

JANUARY 30, 2024

Under the deals, Vietnam said it would supply the Philippines with 1.6 million to 2.2 million tons of rice annually.

Supply 108

Supply 108

Procurement Insights

JANUARY 30, 2024

Sometimes, an image or picture stimulates more meaningful debate at a gut level than any words could ever do. As you look at the picture below representing the purchasing versus procurement or procurement versus strategic sourcing debate, what is the one big takeaway message for you?

Purchasing 59

Purchasing Strategic sourcing Strategic sourcing Procurement 59

Supply Chain Brain

JANUARY 30, 2024

In the face of record-low unemployment and rising wage levels, a labor management program can offer multiple advantages.

Budget 97

Budget Innovation Management 97

Procurement Insights

JANUARY 30, 2024

EDITOR’S NOTE: Mathew Schulz’s January 29th, 2024 post on “The Ritz-Carlton $2,000 rule” has a lesson for the C-Suite regarding their procurement department. I share my thoughts in today’s post: Great post, as always, Mathew Schulz ! Here is an excerpt of a 2004 study assessment I wrote that links your The Ritz-Carlton Hotel Company, L.L.C. story to procurement – [link] “In my fall 2004 analyses of a study on the use of web-based applications, I made the

Procurement 59

Procurement 59

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Supply Chain Optimization

Supply Chain Brain

JANUARY 30, 2024

ThyssenKrupp said that it had invested $37 million in the new San Luis Potosí service center, which will go towards creating roughly 65 jobs.

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Vested Way

JANUARY 30, 2024

The buying company (HealthcareCo) is one of the world’s largest and most broadly based healthcare companies with products spanning both pharmaceutical and consumer products. The service provider (Supplier) is a global leader in quality-of-life services and is considered one of the top 25 employers in the world. Their relationship spans more than 25 years.

Management 52

Management Contract Budget Price 52

Procurement Software

JANUARY 30, 2024

Procurement conferences are more popular than ever, after almost 2 years’ absence of in-person events during the pandemic. As we step into 2024, the procurement ecosystem continues to evolve. This offers a plethora of conferences that cater to various aspects of this dynamic field. Whether you’re looking to network, learn about the latest trends, or dive deep into procurement innovation, there’s a suitable conference for you.

Procurement 52

Procurement Chief Procurement Officer supply chain budgeting supply chain software solutions 52

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Advertiser: GEP

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.

Procurement

Spotlight on Procurement

JANUARY 30, 2024

We're starting the year by pulling together different views on what the next 12 months look like for procurement and supply chain across a range of industries.

Supply chain 40

Supply chain Procurement Supply 40

Pipefy

JANUARY 30, 2024

The global source-to-pay and procure-to-pay outsourcing market is expanding rapidly with the market expected to reach $55.8 billion by 2028. Why? Because procure-to-pay teams lacking business agility, internal resources, or adequate tools are hungry for solutions that can help them streamline operations, increase strategic influence, gain spend control, innovate sourcing streams, improve efficiency, and increase time for more “high-value” work.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Supply Chain Optimization 52

Supply Chain Dive

JANUARY 30, 2024

The company expects to deliver fewer Gulfstream G280 jets due to the conflict’s impact on an Israel-based supplier.

Suppliers 105

Suppliers 105