6 reasons why global supply chains are shifting
Supply Chain Dive
DECEMBER 13, 2023
A desire to reduce costs, lead times, political risk and emissions are just some of the reasons behind onshoring, nearshoring and friendshoring decisions.
Wed.Dec 13, 2023
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Helping Healthcare Organizations Navigate Shipping in Peak Seasons
Supply Chain Brain
DECEMBER 13, 2023
Throughout the year, healthcare providers are under tremendous pressure to find cost savings and efficiencies, while maintaining optimal patient care. That pressure only increases during the peak season.
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UPS and FedEx’s tough year in 6 charts
Supply Chain Dive
DECEMBER 13, 2023
Data shows both carriers faced waning package volumes as pricing power shifted in their customers' favor.
The three main types of cryptography
IBM Supply Chain Blog
DECEMBER 13, 2023
Derived from the Greek words for “hidden writing,” cryptography is the science of obscuring transmitted information so that it may only be read by the intended recipient. The applications of cryptography are endless. From the quotidian end-to-end message authentication on WhatsApp to the practical digital signatures on legal forms or even the CPU-draining ciphers used for mining cryptocurrency , cryptography has become an essential aspect of our digital world and a critical cybersecu
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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.
Swedish Transport Workers to Stop Collection of Tesla Waste
Supply Chain Brain
DECEMBER 13, 2023
Tesla has faced a backlash in the Nordic region from pension funds and labor unions over the company’s refusal to accept a collective bargaining agreement covering wages and other benefits.
A Market-Based Routing Guide Strategy for Truckload Transportation
SCMR (Supply Chain Management Review)
DECEMBER 13, 2023
By applying a strategic procurement framework that considers both a freight lane's macro-market and micro-shipper characteristics, shippers can leverage a wider portfolio of relationships that improve their overall routing guide performance while reducing the required effort.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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Risk-Management Strategies for Ensuring Facility Safety and Reliability
Supply Chain Brain
DECEMBER 13, 2023
It’s impossible to put a price on safety at manufacturing and logistics facilities. World-class organizations know it’s directly tied to their ability to succeed.
Nestlé strikes deal with ocean carriers to reduce freight emissions
Supply Chain Dive
DECEMBER 13, 2023
The food and beverage maker will ship its products on Maersk, CMA CGM or Hapag-Lloyd vessels powered by fuels made from waste.
New Year Insights for the procurement solutions and services marketplace 2024: EcoVadis
Spend Matters
DECEMBER 13, 2023
For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.
Foxconn Adds $1B to Investment in Giant Apple India Plant
Supply Chain Brain
DECEMBER 13, 2023
Foxconn plans to spend that amount on top of the $1.6 billion it earlier set aside for the 300-acre site close to Bengaluru’s airport, said people familiar with the matter.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
Advertiser: GEP
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.
Where the intake management market is heading
Spend Matters
DECEMBER 13, 2023
Along with generative AI, the intake management market has been this year’s primary discussion among procurement practitioners and software providers. Not only has Zip, which productized and popularized intake, reached a $1.5 billion valuation, but an array of intake- and/or orchestration-focused competitors have emerged to address similar use cases.
Digital Twinning and AI for Warehouse Optimization
Supply Chain Brain
DECEMBER 13, 2023
Join us to explore how AI and digital twinning can drive optimization in warehouse decision making. Learn how the combination of these technologies improves visibility, efficiency and overall warehouse operations.
3 New Innovations Set to Enhance the Cold Chain, Reduce Health Risks, and Cut Pharmaceutical Supply Chain Costs
The Network Effect
DECEMBER 13, 2023
The post 3 New Innovations Set to Enhance the Cold Chain, Reduce Health Risks, and Cut Pharmaceutical Supply Chain Costs appeared first on The Network Effect.
Half of workers left previous job after feeling underappreciated
Supply Chain Dive
DECEMBER 13, 2023
Salary being "too low," lack of promotion and making a career change were some of the reasons a worker left a former job, a Monster poll found.
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
Supply Chain Security Breaches Increased in 2023
Supply Chain Brain
DECEMBER 13, 2023
The mean number of supply chain breaches increased from 3.29 incidents in 2022 to 4.16 incidents in 2023, a 26% rise.
Protecting the pharma and healthcare supply chain during turbulent times
Supply Chain Dive
DECEMBER 13, 2023
Here are five things your company should consider when evaluating its production process or new technologies.
Star Bulk and Eagle Bulk Shipping Agree to $2.1B Merger
Supply Chain Brain
DECEMBER 13, 2023
Star Bulk Carriers' shareholders will own 71% of the company while the remaining 29% will be owned by Eagle Bulk shareholders.
Seven customer service types that organizations should provide
IBM Supply Chain Blog
DECEMBER 13, 2023
Conducting the best customer service strategy today requires organizations to invest in several customer service types. This way, organizations can ensure their customer base receives answers to their problems in the format they prefer. Customer service is an integral part of the customer experience. It has increasingly become an omnichannel discipline where every customer prefers to communicate on varying channels.
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.
Best of 2023: Procurement News — CPO Promotions for 2023
CPO Rising
DECEMBER 13, 2023
Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2023 articles as we reflect on the year and prepare for the new year ahead. Welcome to Procurement News!
How to build a successful procurement strategy
IBM Supply Chain Blog
DECEMBER 13, 2023
The role of procurement extends beyond transactional activities. A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations.
10 reasons you should adopt reliability centered maintenance (RCM) today
IBM Supply Chain Blog
DECEMBER 13, 2023
There are many articles on equipment failure patterns that infer that a majority of all equipment fails at random , regardless of how much preventive maintenance was done. This claim is often used to encourage asset-intensive industries to evolve their maintenance strategies, invest in instrument equipment and leverage analytics to adopt predictive maintenance approaches.
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