Sun.May 05, 2024

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Four Reasons Data Builds a Circular Supply Chain

Supply Chain Brain

Navigating a linear supply chain is like driving down a one-way, dead-end street — movement is forced down a singular path and there’s only one place to go: the garbage.

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Removing the Internal Tension Between Cost and Sustainability

Art of Procurement

“Only when we stop accepting the fact that procurement is being made to make decisions that are not the best. The post Removing the Internal Tension Between Cost and Sustainability appeared first on Art of Procurement.

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Six Steps on the Journey to Environmentally Compliant Warehouses

Supply Chain Brain

Companies need to take an integrated approach to improving the environmental performance of their warehouses. Experience shows that allowing for key factors at the outset can make the journey easier.

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CN Rail Workers Vote to Strike

Procurement Bulletin

Canada Sees Trade Deficit in March Canada saw its largest trade deficit in nine months last March with a trade deficit of $2.28 billion. Total exports feel 5.3% whereas economists expected a trade surplus of $1.5 billion. (I guess the business for forecasting is still not an accurate thing.) US Government Procurement Stats There’s good news and bad news for small businesses that look to become vendors of the US Government: The good news: the value of contracts doled out to small businesses

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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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Six Steps to Driving Social Responsibility Across an Extended Enterprise

Supply Chain Brain

The performance and risk of an organization’s third-party ecosystem, including suppliers, vendors and service providers, are becoming increasingly linked to its business reputation, ethos and even its continued viability.

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Revolutionizing Sustainability: The Technological Evolution in Manufacturing

Supply Chain Brain

The manufacturing industry is in the midst of a digital revolution, with AI taking the spotlight and being deployed on a broader scale, allowing companies to elevate their sustainability efforts.

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Embracing the Circular Economy: Eliminating the Idea of Waste in the Supply Chain

Supply Chain Brain

Traditional linear models of production and consumption, characterized by "take-make-dispose" processes, have led to significant environmental degradation and resource depletion.

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ESG Compliance: It’s a Problem of Scope

Supply Chain Brain

Editor's Letter: When it comes to “social sustainability,” or human rights, much of the corporate world is still unprepared for the regulations and legislation that they’ll be encountering.

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Removing Trucks from the Road to Cut Carbon Emissions

Supply Chain Brain

Load optimization software streamlines the transportation planning process, enhances operational efficiency, reduces costs, and minimizes environmental impact.

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Supply Chain’s Role in Reducing Scope 3 Emissions

Supply Chain Brain

As a supply chain organization, you are uniquely positioned to impact your own emission-reduction goals, as well as those of your upstream and downstream partners — so-called Scope 3 emissions.

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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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Houthis Threaten to Attack Ships in Mediterranean Sea

Supply Chain Brain

Although Houthis have regularly hit vessels in the southern Red Sea and Gulf of Aden since November 2023, there's little evidence they can do so beyond those waters.

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Environmental Considerations Beyond Greenhouse Gas Emissions

Supply Chain Brain

Recent U.S. regulations on greenhouse gas (GHG) emissions and carbon neutrality, merely scratch the surface. Here are other environmental considerations your company should start thinking about now.

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Preventing Forced Labor in Supply Chains Is Crucial to Resilience and Sustainable Growth

Supply Chain Brain

The largest multinational companies across multiple sectors are demonstrating a lack of real progress in addressing forced labor in supply chains.

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Decarbonizing Transportation Supply Chains

Supply Chain Brain

With transportation contributing to 16.2% of global emissions, embracing sustainability in all transportation modes is essential for long-term success and a greener future.

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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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Five Steps to More Sustainable Operations Through Digitization

Supply Chain Brain

For process manufacturers, a more sustainable plant is also more profitable, productive, efficient and resilient. Smart digitization strategies can help plants identify opportunities for improvement.

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Driving Strategic Value: Building a More Resilient and Sustainable Supply Chain

Supply Chain Brain

Sustainability is a growing priority as investor and consumer pressure mounts, and governments around the world enact regulations that require organizations to report on emissions and climate-related risks.

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Returns and Sustainability: A Report

Supply Chain Brain

The goTRG & SupplyChainBrain Retail Returns Sustainability Report 2024 presents insights from our co-branded survey exploring the evolving landscape of sustainable practices within the retail industry.

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How Pallet Makers Contribute to a More Socially Conscious Supply Chain

Supply Chain Brain

Consumers demand that stakeholders within the supply chain behave as socially responsible corporate citizens. Not only is this a business necessity; it also makes the world a better place.

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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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Meeting Customer Demand and ESG Targets with One Strategy: Nearshoring

Supply Chain Brain

Nearshoring satisfies customer demand, contributes to ESG goals, and creates a foundation for supply chain resiliency.

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ESG and the Challenges for Supply Chain Compliance

Supply Chain Brain

Environmental, social and governance (ESG) regulations continue to proliferate and take on dimensions of complexity that are creating challenges for global organizations to even comprehend, let alone comply with.

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On the Decarbonization Journey: A Strategic Approach to Supply Chain Sustainability

Supply Chain Brain

Increasing pressures from investors and customers, coupled with a surge in climate change regulations, are forcing supply chains to transition to sustainable practices and curb their carbon footprint.

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Greek Naval Drills See Oil Tankers Depart Key Transfer Area

Supply Chain Brain

When sanctions were placed on Russian oil sales following the war in Ukraine, the Laconian Gulf became a key spot for switching cargoes between vessels, prompting environmental concerns.

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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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Sustainability and Profitability — Two Sides of the Same Coin

Supply Chain Brain

Sustainability shouldn’t be isolated from business growth. Shippers, customers, carriers and investors can simultaneously reduce environmental impact while advancing their economic interests.

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To Achieve Supply Chain Sustainability, Complex Manufacturers Have a Long Road Ahead

Supply Chain Brain

When it comes to supply chain ESG, most companies have a lot of work ahead to achieve the deepest levels of program maturity. But it’s worth the effort.

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Four Ways AI Can Help Reduce Waste in Your Supply Chain

Supply Chain Brain

AI is emerging as a powerful tool for businesses to reduce waste in their supply chains. It can help optimize processes, predict demand more accurately, minimize waste and improve efficiency.

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Navigating a Greener Future: How Enhanced Visibility Is Steering Shipping Toward Sustainability

Supply Chain Brain

A data- and technology-driven solution will minimize the industry’s carbon footprint, and bring it into line with global sustainability goals.

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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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Supply Chains Know No Borders When It Comes to New Climate Disclosure Regulations

Supply Chain Brain

Companies need to accurately calculate their global supply chain emissions, comply with the new sweeping climate disclosure regulations, and create a supportive climate information-sharing ecosystem.

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How Retailers Can Up Their Sustainability Game

Supply Chain Brain

Businesses typically fall into three categories in their sustainability adoption journey. This article will address those stages and how AI can enhance and advance sustainability initiatives.

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From Commitment to Action: How Innovative Packaging Solutions Bring Supply Chain Circularity

Supply Chain Brain

To ensure the success of sustainable supply chain transformation, companies must back their plans with real-life data.

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How to Conquer Scope 3 Emissions and Steer to a Sustainable Future

Supply Chain Brain

Supply chains need to take four key steps to become transparent and accountable for their carbon emissions.

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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