Mon.Dec 04, 2023

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Optimizing the Supply Chain for Improved Productivity During the Busiest Time of Year

All Things Supply Chain

The holiday season is here, and businesses are working to provide the best customer experience through optimizing their supply chains.

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Nestlé, Kraft defeat egg producers in price-fixing case

Supply Chain Dive

An Illinois federal jury found Cal-Maine and other egg giants liable for limiting the supply of the protein in 2004-2008 in an effort to drive up costs. Damages are set to be awarded to companies such as Nestlé, Kraft and Kellogg.

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How Apparel and Retail Companies Are Implementing Intelligent Returns

Supply Chain Brain

With the help of data analysis and intelligent systems, companies are able to more efficiently manage product returns, repairs, recycling and other processes

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Wish launches small parcel delivery service

Supply Chain Dive

WishPost Smart Parcel will allow shippers who don't sell on the e-commerce platform to use its logistics capabilities.

Logistics 122
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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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Panama Chaos Grows as U.S. Diesel Shippers Bypass Canal

Supply Chain Brain

In the past, such delays tended to be related to maintenance work, and, as such, were mostly short-lived, but there is little relief in sight in the months ahead.

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How financial institutions can deliver value from investment in digital operational resilience

IBM Supply Chain Blog

The Digital Operational Resilience Act (DORA) is a landmark piece of legislation in the European Union (EU) that is designed to help fortify the operational resilience of the financial sector, making it fit for purpose in the digital age. DORA has several objectives, including to comprehensively address information and communications technology (ICT) risk management in the financial services sector and harmonize the ICT risk management regulations that already exist in individual EU member state

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Five Significant Changes Driving the Healthcare Supply Chain’s Evolution

SCMR (Supply Chain Management Review)

Healthcare supply chains have undergone rapid change as evidenced by some of the top-level findings from Gartner’s upcoming Healthcare Supply Chain Top 25 rankings.

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South Carolina Ports Authority cargo volumes drop 9% in October

Supply Chain Dive

The port processed 235,006 total TEUs and is working to expand the Inland Greer Port to meet growing demand.

Demand 115
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Omnea: Vendor Analysis — Intake management solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis, we provide an overview of Omnea and its intake management solution. Omnea is a fairly new vendor in the intake space, looking to solve complex and inefficient procurement processes through procurement automation and centralized intake. The vendor takes a comprehensive approach, focusing on the spend control narrative and offering a unified solution that takes a variety of pain points in procurement and supplier management, most notably helping its customers

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2024: The year of change

SCMR (Supply Chain Management Review)

It’s that time of year again. And that means looking ahead and backward. I’m going to do a bit of both this month. And I’m going to provide some insight into what we are doing in 2024 at Supply Chain Management Review.

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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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What Does Sultan Al Jaber, the President of COP28’s 2023 Comments, and John Elkington’s Seminal 1997 Book Have In Common?

Procurement Insights

EDITOR’S NOTE: here are not one but two separate yet related comments I made on a great LinkedIn post by David Loseby regarding Sultan Al Jabar’s comments that “there is “no science” indicating that a phase-out of fossil fuels is needed to restrict global heating to 1.5C, the Guardian and the Centre for Climate Reporting can reveal.” Nimi Princewill and Ella Nilsen CNN article COMMENT #1 Here are excerpts from the article I wrote in 2022 titled “How Painful Are the

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Manufacturing Output Flat Month-to-Month, But Positive Signs Emerge

SCMR (Supply Chain Management Review)

While the Institute for Supply Management’s monthly PMI remains in negative territory for November, several sectors are beginning to show signs of recovery.

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'Clean Truck Express' Lane To Open at Pier 400 Los Angeles

Supply Chain Brain

APM says new priority lane incentivizes environmental stewardship while enhancing customers’ operational efficiency.

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The Future of Supply Chains: Next-Generation Technology and Beyond

SCMR (Supply Chain Management Review)

The e-commerce boom, persistent labor shortage, emerging geopolitical events and the fact that disruptions are lurking around every corner are placing new demands on the world’s supply chains.

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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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3 myths hindering your business from adopting generative AI 

IBM Supply Chain Blog

Generative AI holds enormous potential for driving business growth. It offers ease of integration and scalability for analytics and AI workloads using your company’s data, and offers guardrails for ensuring governance, security and compliance. So, why do millions of small enterprises believe that impactful AI is only accessible to big companies with deep pockets?

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Hungary Plans to Build €6B Dubai-Style Budapest District

Supply Chain Brain

Prime Minister Viktor Orban has mandated the construction of a major project reminiscent of Dubai in terms of its grandeur.

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A look into IBM’s AI ethics governance framework

IBM Supply Chain Blog

“Organizations are responsible for ensuring that AI projects they develop, deploy or use do not have negative ethical consequences,” as per Gartner. Yet while 79% of executives say AI ethics is important to their enterprise-wide AI approach , less than 25% have operationalized ethics governance principles. In a new case study featuring IBM, Gartner talks about how to establish a governance framework to streamline the process of detecting and managing technology ethics concerns in AI

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Guess walks inventory tightrope while retail buyers stay ‘very careful’ on purchasing

Supply Chain Dive

The apparel company has been cautious in its own buying while trying to meet the needs of department stores and others who seek agility to meet demand.

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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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A guide to efficient Oracle implementation

IBM Supply Chain Blog

By implementing Oracle , one of the world’s leading enterprise resource planning (ERP) tools, organizations can transform their business processes and significantly increase operational efficiency. Companies large and small are increasingly digitizing and managing vast troves of data. ERP systems like Oracle’s streamline business processes and reduce costs, leveraging information to help organizations make better decisions in rapidly changing landscapes.

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Europe, U.K. Lag in Race for Electric Car Battery Raw Materials

Supply Chain Brain

Tesla in the U.S. and China’s BYD are significantly ahead of many of their European rivals in securing access to key raw materials.

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Top 5 criteria for developers when adopting generative AI

IBM Supply Chain Blog

The surge in adoption of generative AI is happening in organizations across every industry, and the generative AI market is projected to grow by 27.02% in the next 10 years according to Precedence Research. Advacements in machine learning algorithms, neural networks and the computational power of generative AI, combined with human expertise, intuition and creativity, can unlock new possibilities and achieve levels of innovation that were previously unimaginable.

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Arkestro March AdCo

Arkestro

Advisory Council  Virtual Date: Tuesday, March 12 Time: 11:30 AM – 1:00 PM ET Kick off the New Year by joining us for our virtual Arkestro Advisory Council! Hosts Caroline Cioe Account Executive LinkedIn Matt Buckingham Head of Partnerships and Alliances LinkedIn Edmund Zagorin Chief Strategy Officer and Founder LinkedIn What to expect This exclusive gathering is for execs just like you, and it’s all about diving into Predictive Procurement Orchestration.

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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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How generative AI can transform the aviation industry 

IBM Supply Chain Blog

The aviation industry is under pressure to improve the sustainability of air travel while improving operational efficiency in an increasingly complex marketplace that is still recovering from the impact of the COVID-19 pandemic. In an industry where safety is paramount and new technologies require utmost scrutiny, generative AI promises to boost aviation businesses and their industry partners.

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Arkestro March AdCo

Arkestro

Advisory Council  Virtual Date: Tuesday, March 12 Time: 11:30 AM – 1:00 PM ET Kick off the New Year by joining us for our virtual Arkestro Advisory Council! Hosts Caroline Cioe Account Executive LinkedIn Matt Buckingham Head of Partnerships and Alliances LinkedIn Edmund Zagorin Chief Strategy Officer and Founder LinkedIn What to expect This exclusive gathering is for execs just like you, and it’s all about diving into Predictive Procurement Orchestration.

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Designing Conveyor Systems With Simulation Software

Supply Chain Brain

Conveyors play a key role in the endless quest by distributors and manufacturers for improved efficiency and productivity. So it should come as no surprise that the logistics sector would be drawn to modern-day conveyor systems simulation software.

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Arkestro February AdCo

Arkestro

Advisory Council  To Be Announced (within the Atlanta, GA area) Date: Thursday, February 29 Time: 2:00 – 4:00 PM ET Kick off the New Year by joining us for an in-person (or virtual, if you prefer) Arkestro Advisory Council! Hosts Caroline Cioe Account Executive LinkedIn Matt Buckingham Head of Partnerships and Alliances LinkedIn Edmund Zagorin Chief Strategy Officer and Founder LinkedIn What to expect This exclusive gathering is for execs just like you, and it’s all about diving int

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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.

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5 steps to enhance your EVP with upskilling

Skill Dynamics

In an increasingly competitive hiring market, a major challenge facing all businesses is attracting and retaining the best talent. Even after employees join an organization, retaining them long enough to significantly contribute to their career development can be challenging, even for the best companies. To reduce employee turnover and retain top talent, it’s vital for businesses to build their culture and instill a strong employee identity.

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Arkestro Amplify Summit

Arkestro

Amplify Summit  To Be Announced (within the Atlanta, GA area) Date: Thursday, February 29 Time: 2:00 – 4:00 PM ET Kick off the New Year by joining us for an in-person (or virtual, if you prefer) Arkestro Amplify Advisory Council! Hosts Caroline Cioe Account Executive LinkedIn Matt Buckingham Head of Partnerships and Alliances LinkedIn Edmund Zagorin Chief Strategy Officer and Founder LinkedIn What to expect This exclusive gathering is for execs just like you, and it’s all about divi

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Ask Probing Questions to Avoid Manipulation

Negotiations Ninja

Modern scams are customized to their target. With spearfishing, scammers send an email to a smaller set of targeted people to get their password(s). Often, they know something about that person which makes it easier to get that information. Psychics make themselves seem more credible by doing research.

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378: Achieve 360° Supply Chain Visibility for Greater Control and Optimization, with SDI

Let's Talk Supply Chain

  Today I’m joined by SDI , a digital supply chain brand whose people, processes, and technology have enabled the world’s most efficient supply chains for over 50 years. SDI is the supply chain solutions and services company that specializes in helping large, multi-site facilities and plant maintenance leaders reduce costs and risks while driving overall performance results and outcomes.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro