Wed.Feb 07, 2024

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What Does the Aging Demographic Mean for Medical Supply Chains?

All Things Supply Chain

Medical supply chains have endured a number of public health crises, from the HIV epidemic to viral outbreaks to substance abuse to the recent COVID-19 pandemic.

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The U.S. Bought More Goods from Mexico than China in 2023

Supply Chain Brain

Mexican exports to the U.S. topped out at $475.6 billion, beating China which saw its exports to the U.S. fall by 20% year-over-year to $427.2 billion.

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Sports gear retailer deploys autopicker robots

Supply Chain Dive

The Feed expects the robots will enable the warehouse to fulfill 5,000 orders per day, and plans to complete integration by the end of March.

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Sustainability trends: 5 issues to watch in 2024

IBM Supply Chain Blog

In 2024, sustainability is taking center stage. Efforts to track and reduce emissions, environmental impact and contributions to climate change are no longer rare or optional; instead, they’ve become the norm. Businesses, governments and individuals now see sustainability as a global imperative. Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them.

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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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Upcoming Indo-Pacific trade deal adds to US supply chain priorities

Supply Chain Dive

Meant to boost collaboration and resiliency among trade partners, member countries will make their picks for key committees in the coming months.

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Mercanis: Vendor Analysis — S2C solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Mercanis, a newcomer in the upstream suite landscape. It was created in response to the growing need for organizations to streamline and improve their procurement operations through the adoption of digital solutions. To achieve that, Berlin-based Mercanis focuses on flexibility — specifically, on providing a modular and configurable platform that customers can adapt to their needs and grow over time — and usability to ensure a wide and low

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The case for separating DNS from your CDN 

IBM Supply Chain Blog

If you’re signing on with a content delivery network (CDN) provider, you’ll probably see DNS as part of the standard service package. It’s only natural—to access your content delivered by the CDN, the Internet has to know where to send the traffic. CDNs make it easy to configure and manage those DNS settings. It’s easy to accept DNS services as part of a CDN package.

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Optimizing Healthcare Inventory Management With AI and RFID

Supply Chain Brain

The headlines about shortages and disruptions in healthcare supply chains aren’t going away anytime soon. The industry needs help.

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UPS to cut sorting shifts, make layoffs in 3 more states

Supply Chain Dive

The reductions in Connecticut, Maryland and Oregon come as UPS tries to match its network capacity with delivery demand.

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Nearshoring to Mexico in 2024: What to Consider Before You Relocate

Supply Chain Brain

Companies considering a move to Mexico should make sure that their nearshoring strategies are built from a rigorous planning process.

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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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Foot Locker COO names 4 skills crucial to supply chain leaders

Supply Chain Dive

Global awareness was one skill Elliott Rodgers highlighted during remarks at Manifest Vegas 2024.

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1998 to 2007 to 2024 DND, Virginia and Colgate-Palmolive’s Timeless Formula For Digital Procurement Success

Procurement Insights

EDITOR’S NOTE: Technology has and will continue to evolve from punch cards, floppy disks, and CP/M to Windows, Zettabytes, and AI; the one constant piercing the timeline is that technology alone has little to do with digital procurement success, but stakeholder communication and collaboration. Check out the three case references below to learn about the common thread of success over the past quarter century: 1998 – Department of National Defence – Are you chasing solutions or

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GM, LG Chem ink $19B cathode material supply deal

Supply Chain Dive

The South Korea-based chemical maker will supply the automaker with enough CAM to power five million EVs.

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Approve EU Supply Chain Law, Say Investor Groups

Supply Chain Brain

Though Germany cannot derail the legislation by itself, the measure could be in danger if it receives opposition from other major EU countries, including Italy.

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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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Supply Chain Tech Does the Heavy Lifting for Titan Brands

SCMR (Supply Chain Management Review)

Titan Brands has implemented a suite of technology solutions to help it meet the growing demand for its products and reduce the order-to-ship timeline.

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Cut Carbon in 2024 by ‘Marketing’ to Suppliers

HICX

By Anthony Payne, CMO for HICX The new year is a good time to reflect on the environment and what can be done to manage climate change. The key action, reducing carbon emissions, has been adopted by major manufacturing brands, and each year their deadlines — like halving emissions by 2030 to reach net zero by 2050 — edge closer. Manufacturing brands are nevertheless making slow progress.

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We’re exhibiting at Procurement Strategies and Innovation 2024

Positive Purchasing

We are delighted to be sponsoring Procurement Strategies & Innovation (PSI) on 5 March 2024! Formerly known as eWorld Procurement & Supply, this is the UK’s technology showcase for procurement professionals. Since February 2001, more than 10,000 procurement professionals have attended this unique platform for learning and sharing knowledge about the myriad of developments that have transformed purchasing and supply chain processes in the 21st Century.

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A fresh take on sustainability goals

HICX

Costas Xyloyiannis, CEO of HICX, discusses why it’s time for leaders to take a fresh view of the data problem, and plan to reduce emissions. The start of the year is a good time for business leaders to consider their progress against net zero commitments. It also nudges us nearer to carbon-cutting milestones, the nearest of which is in 2030. By this time, businesses across the globe need to have halved their carbon emissions.

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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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Lead Generation vs. Lead Prospecting: Goals, KPIs, Tactics

The Thomas Blog

In sales and marketing, lead generation and lead prospecting are vital processes that lay the foundations for the identification and nurturing of a progression of potential customers. While the two terms are regularly used interchangeably, they represent unique and distinct stages in the customer-acquisition journey. Image Credit: Shutterstock.com/Ivelin Radkov Lead generation is the first step in the customer-acquisition process.

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FAA Chief Says Boeing’s Repeat Lapses Led to Tighter Oversight

Supply Chain Brain

The agency expects to have enough data from an investigation launched after the accident to make initial recommendations as soon as late February, the FAA said February 5.

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Modern Strategies for Navigating Check Fraud in Today’s World

Jaggaer

JAGGAER's latest news on procurement & sourcing. Read now: Modern Strategies for Navigating Check Fraud in Today's World.

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Procurement News — February 7, 2024

CPO Rising

Welcome to our first Procurement News of 2024, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with your news story here. Procurement Executive News Eric Galkin Promoted to CSCO at Paris Baguette MOONACHIE, N.J.

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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.