Tue.Dec 05, 2023

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Maintaining Cybersecurity in a Growing Digital Supply Chain

SCMR (Supply Chain Management Review)

Complex digital supply chains spanning multiple countries and continents offer invaluable flexibility and cost efficiencies, but also growing cybersecurity risks.

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Sam’s Club adds 2 more distribution centers to its 2024 lineup

Supply Chain Dive

The St. Louis and Minneapolis facilities are building on the Walmart-owned retailer’s plan to advance its end-to-end supply chain capabilities.

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Trending Sources

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Watch: Prioritizing Trucking Cybersecurity — Before It's Too Late

Supply Chain Brain

Marli Hall, director of communications and member services with the National Motor Freight Traffic Association, explains how the cybersecurity threat to trucking can be addressed before an incident occurs.

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Analyst Eye on the AI tech race

Spend Matters

Artificial intelligence (AI) has (unsurprisingly) become a bit of a buzzword in the procurement industry, causing Spend Matters to devote an entire page to the question of AI in procurement. The buzz over the general applications of generative AI (GenAI), however, threaten to obscure the other radical (albeit niche) changes that our analyst team has deemed worthy of highlighting among this year’s Future 5.

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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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Shipping CEOs at COP28 Announce Collaboration to Decarbonize Industry

Supply Chain Brain

An “unprecedented” collaboration between global shipping lines will focus on regulatory measures needed to create the right investment conditions for shipping’s green transition.

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Union Pacific plans Phoenix intermodal terminal to lure regional shippers

Supply Chain Dive

The new service would provide a rail option that connects the Southwest U.S. to Southern California’s top ports.

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More Trending

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Retailers can tap into generative AI to enhance support for customers and employees

IBM Supply Chain Blog

As the retail industry witnesses a shift towards a more digital, on-demand consumer base, AI is becoming the secret weapon for retailers to better understand and cater to this evolving consumer behavior. With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications.

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75% of Yellow Corp Properties Bought at Auction

Supply Chain Brain

The remaining Yellow Corp properties are expected to be sold for hundreds of millions of dollars over the coming months, said a person familiar with the process.

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Amazon to expand AWS Supply Chain capabilities

Supply Chain Dive

The cloud application will gain four new features in 2024 to support upstream supply chain processes.

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Wind Power ‘Vital’ to the Decarbonization of Maritime Sector, COP 28 Told

Supply Chain Brain

Using wind energy for ships would free up decarbonized energy sources for other industrial sectors, says the International Windship Association.

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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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Allbirds adds Anaplan planning software to increase supply chain visibility

Supply Chain Dive

The footwear company integrated the software as part of a plan to better optimize demand, inventory and supply planning, said COO Joe Vernachio.

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Maersk Investing $500M in Southeast Asian Supply Chains

Supply Chain Brain

The company said that it hopes the investment can improve regional supply chain resilience, lower trade costs and bolster customer experiences.

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Episode 143: Increasing the Liquidity of the Supply Chain with Richard Gusmano

Una

EPISODE 143 Increasing the Liquidity of the Supply Chain with Richard Gusmano By Kelly Barner | November 6, 2023 Entrepreneurs found businesses because they believe they have formulated the best new product or the most innovative way of providing a service. They are focused on their customers, value proposition, and their hope for the future. Unfortunately, there is one thing that – if left unmanaged – can bring all of their hopes and dreams to a sudden halt: cash flow.

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BASF Buys into Offshore German Wind Farms to Reduce Carbon Footprint

Supply Chain Brain

BASF said that it will receive about half of the electricity produced at the sites, which will total the amount consumed by 1.6 million German homes.

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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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Port of New York and New Jersey cargo volumes drop 6% in October

Supply Chain Dive

The year-over-year decrease shows a continuous drop in volumes in the past twelve months.

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Airbus Needs to Deliver 97 Jets in December to Meet 2023 Goal

Supply Chain Brain

The planemaker shipped 64 jets in November, it said December 5, bringing the tally to 623 for the first 11 months of 2023.

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Exclusive: DispatchTrack Survey Finds Economy, Rising Costs Worry Logistics Pros

SCMR (Supply Chain Management Review)

A new DispatchTrack survey finds logistics businesses remain concerned about an uncertain economy and rising operational costs in the last mile.

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A Red Wagon, 2 Cent Glass Bottles, And The Evolution of Coca-Cola’s Circular Economy

Procurement Insights

As a reminiscent aside, in the 1960s, I remember my friends and I taking a little red wagon around the neighborhood collecting glass bottles to return to the store at 2 cents apiece. we bought a lot of our candy this way while being part of an early circular economy – My Life At 9 Years Old The following is my comment regarding a recent post by Coca-Cola and the circular economy.

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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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Beyond basics: Six tips for an exceptional customer service strategy

IBM Supply Chain Blog

Enhancing the customer experience through customer service is among the most important disciplines for any organization for one simple reason: without customers, organizations would fail overnight. Customer service, sometimes called customer care or customer support, relates to the activities organizations take to ensure their customers’ needs are being met.

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How Did Bollinger Make The Transition To Manufacturing EV Commercial Trucks?

Procurement Insights

“The B4 & B5 were created to address problems we saw in commercial trucking & last mile transport. Built from the ground up to be the solution to those issues, tackling sustainability, fleet transition & ultimately making the change to an EV fleet as seamless & efficient as possible.” – Bollinger (November 28th, 2023) This is an amazing example of resiliency and adaptability.

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Why You Should Hire Older Individuals to Work In Procurement

Una

Why You Should Hire Older Individuals to Work in Procurement Learn why it makes sense to hire older individuals to work in procurement and take advantage of their talent and experience. By Hugo Britt | December 5, 2023 Search Search In this article, we’ll cover why it makes sense to bring experienced, seasoned individuals into the world of procurement, regardless of the number of candles on their birthday cake.

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Energy Contract Management: Guide + 6 Challenges

ContractSafe

Contract management is a critical backbone for energy companies. It supports the vast ecosystem spanning the production, distribution, and consumption of diverse energy sources like oil, gas, coal, renewables, and electricity.

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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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Dispelling Myths and Unlocking Value in SaaS and Software Procurement

Art of Procurement

Sourcing and purchasing software, especially SaaS products, can sometimes feel like an uphill battle for procurement. It’s not an “easy”. The post Dispelling Myths and Unlocking Value in SaaS and Software Procurement appeared first on Art of Procurement.