Tue.Nov 14, 2023

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IBM named a Leader in The Forrester Wave™: Digital Process Automation Software, Q4 2023

IBM Supply Chain Blog

Forrester Research just released “The Forrester Wave™: Digital Process Automation Software, Q4 2023: The 15 Providers That Matter Most And How They Stack Up” by Craig Le Clair with Glenn O’Donnell, Renee Taylor-Huot, Lok Sze Sung, Audrey Lynch, and Kara Hartig and IBM is proud to be recognized as a Leader. IBM named a Leader In the report, Forrester Research evaluated 15 digital process automation (DPA) providers against 26 criteria in three categories: Current offering,

Strategy 108
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Intermodal shippers to get another US-Mexico option in January

Supply Chain Dive

J.B. Hunt and BNSF are teaming up with Grupo México Transportes on a rail and truck service linking multiple cross-border markets.

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Trending Sources

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How to accelerate your data monetization strategy with data products and AI

IBM Supply Chain Blog

Data monetization is a business capability where an organization can create and realize value from data and artificial intelligence (AI) assets. A value exchange system built on data products can drive business growth for your organization and gain competitive advantage. This growth could be internal cost effectiveness, stronger risk compliance, increasing the economic value of a partner ecosystem, or through new revenue streams.

Data 103
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Integrated Scenario Planning – Driving a Better Understanding of Risks & Opportunities

Supply Chain Brain

Like a world-class chess player, scenario planning allows you to anticipate moves and counter moves to visualize how the “game” will play out and adjust your strategy and plans before the game begins!

Risk 105
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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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An introduction to Wazi as a Service

IBM Supply Chain Blog

In today’s hyper-competitive digital landscape, the rapid development of new digital services is essential for staying ahead of the curve. However, many organizations face significant challenges when it comes to integrating their core systems, including Mainframe applications, with modern technologies. This integration is crucial for modernizing core enterprise applications on hybrid cloud platforms.

Data 93
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Quarterly Freight Data Report Q3 2023

Supply Chain Brain

The Quarterly Freight Data Report: A Q3 Review of the Trucking Economy & How It Will Shape Q4 '23 is a publication using Loadsmart data sets for shippers. Understanding the cyclical nature of the market, and where we currently are within that market, helps Shippers to make better predictions for the current quarter and into the new year.

Data 105

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Norway Seeks Closer Ties with Korean EV Battery Companies

Supply Chain Brain

At a conference in Pohang, industry group Battery Norway pitched Korean companies, including LG Energy Solution Ltd., Ecopro Materials Co. and Posco Future M Co. on why they should cooperate.

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Episode 141: Supply Chain Tech and Supplier Onboarding with Toni Ann Careccio

Una

EPISODE 141 Supply Chain Tech and Supplier Onboarding with Toni Ann Careccio By Kelly Barner | November 15, 2023 Change is as hard as it is inevitable. Even the most exciting new project can quickly go from “This is fantastic!” to “What on earth were we thinking!” when unexpected questions arise. How those moments are managed, and the tone that is kept in place through the process, ultimately determine the potential for value and success for everyone involved.

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Using Drones to Improve Inventory Count Accuracy

Supply Chain Brain

Employees no longer spend long, tedious hours doing manual inventory with forklifts, and there is now less likelihood of misplacing product.

Inventory 117
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Drought Continues to Impact Panama Canal Transit Times

SCMR (Supply Chain Management Review)

Ongoing drought conditions continue to impact the ability of large cargo ships to quickly traverse the Panama Canal.

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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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Smart Data Fabrics for Supply Chain Infographic

Supply Chain Brain

Learn how a smart data fabric can enable end-to-end visibility, data driven insights, end-to-end predictive and prescriptive orchestration, and ultimately, end-to-end aligned decision making within your supply chain business.

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Exxon to mine lithium in Arkansas for EVs

Supply Chain Dive

The oil giant aims to supply the mineral to more than one million vehicles a year by 2030.

Supply 109
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Watch: Building ESG on Pillars of Trust, Transparency and Contract Transformation

Supply Chain Brain

Bernadette Bulacan, chief evangelist with Icertis, talks about what’s needed today for companies to comply with environmental, social and governance (ESG) requirements in collaboration with their supply chain partners.

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Amazon Business Survey: Procurement Budgets on the Rise for 2024

SCMR (Supply Chain Management Review)

Amazon Business’ State of Procurement survey found that 85% of businesses plan to either increase, or maintain their procurement budgets in 2024.

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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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Moving Container Production From China Won't Ease Supply Chain Woes, SC Execs Say

Supply Chain Brain

Nineteen percent of responders said that they believe shifting production away from China would help supply chains while another 27% said this change could maybe alleviate supply issues.

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Old Dominion to raise rates for second time this year

Supply Chain Dive

The year-end increase is effective almost a month sooner than the one the LTL carrier executed at the beginning of this year.

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The Future of Supply Chain Work Is Now

Supply Chain Brain

If you’re not actively rethinking your approach to facilities, pay scales, work environments, automation and digitization, you’re losing ground to competitors for both business and talent.

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Party City taps supply chain platform TradeBeyond to improve inventory, vendor operations

Supply Chain Dive

Less than a year after declaring bankruptcy, the retailer is investing in its supply chain.

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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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Taking A Managed Services Approach to Complex B2B Integration

Supply Chain Brain

As B2B integration becomes increasingly crucial for business success, companies need to work with a trusted partner that can seamlessly support their business integration requirements.

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SAP Ariba and Coupa Marketplaces: Too little, too late?

Procurement Software

Business spend management suites, including SAP Ariba and Coupa software, offer marketplaces with App-Store like functionality. This is a well-trodden route, with Salesforce probably the most famous example to successfully do this in the B2B software space. From the outside, it appears to be a bid by SAP Ariba, Coupa and other legacy Procure-to-Pay and Source-to-Contract suites to maintain their relevance.

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UAW Workers at Select GM and Ford Plants Reject Tentative Deals

Supply Chain Brain

Prior to these rejections, 52% of UAW members at GM's Flint, Michigan plant voted against the proposed contract during the week of November 7.

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Procuring Thanksgiving Dinner: What’s on the Table for the Food and Beverage Industry

Arkestro

Resources / Blog / Procuring Thanksgiving Dinner: What’s on the Table for the Food and Beverage Industry Procuring Thanksgiving Dinner: What’s on the Table for the Food and Beverage Industry Thanksgiving is one of the most important holidays for the food and beverage industry in the U.S. Last year, the holiday brought in $2.8 billion in sales-lift and remains second only to Christmas (which brought in over double that at $6.2 billion).

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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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Unlocking New Opportunities: The Integration of Small-Move Management for Freight Brokers and 3PLs

Supply Chain Brain

It is crucial for businesses to adapt and seize emerging opportunities. One such opportunity that has been flying under the radar is Small-Move Management.

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Virtual Agents: Key Features, Benefits, Challenges, and 3 Real-World Examples

Pipefy

In the last couple of years, interest in artificial intelligence (AI), chatbots, and machine learning has grown among business leaders looking to optimize company operations and provide better experiences for both customers and employees. Virtual agents can now be added to that list as organizations pursue new ways to solve problems more efficiently.

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Optimize and Automate Repacking Production One Step at a Time

Supply Chain Brain

Starting with well-defined and manageable projects, you can create success and internal buy-in to support an evolution of your supply chain over time to one that is truly seamless and fully connected.

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Why Top Companies are Prioritizing Conflict Resolution as a Key HR Strategy

Negotiations Ninja

Collaboration is an important function of nearly every workplace, and unfortunately, every collaborative team has its conflicts and challenges. While marketing, strategy, and financial management are typical buzzwords that you’ll often hear floating around in the corporate world, conflict resolution is another term that’s gaining traction.

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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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Navigating the Decision: Behavior, Empowerment, and Integration to Support the Information Revolution

Supply Chain Brain

Ironically, the higher up you go in most organizations, the more unreliable and challenging the information that drives decision-making becomes. The main issue is the same as it has always been – behavior. And it is not necessarily a deliberate decision to operate in a certain way – but more about the continuing challenges modern leaders face to balance expectation, ambition, and risk.

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Beyond the Deal: How Negotiation Skills Enhance Client Onboarding and Retention

Negotiations Ninja

Regardless of your place in the business world, there’s one skill that often stands high above the rest: negotiation. Negotiation skills come with both immediate and long-term benefits, helping employees and leaders shape the future of their companies in sales, as well as throughout other facets of business, including client onboarding and retention.

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Saudia Group Closing in on Order for 150+ Airplanes

Supply Chain Brain

Saudia Group is planning on announcing the order before the end of 2023, with the airplanes going to Saudia Cargo as well as Flyadeal.

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AI-Empowered Procurement – Part 2: Man v. Machine: Skills Development of the Future

Art of Procurement

In this four-part special series, host Philip Ideson speaks with members of the LavenirAI team about the current and future. The post AI-Empowered Procurement – Part 2: Man v. Machine: Skills Development of the Future appeared first on Art of Procurement.

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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