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.

supply chain budgeting 136

supply chain budgeting Supply chain Risk Supply 136

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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Supply Chain Dive

DECEMBER 13, 2023

Data shows both carriers faced waning package volumes as pricing power shifted in their customers' favor.

Price 140

Price Data 140

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

Data 99

Data Networking Management Risk 99

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Supply Chain Optimization

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.

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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.

Strategy 91

Strategy Procurement 91

Procurement Insights

DECEMBER 13, 2023

EDITOR’S NOTE: Today’s article was inspired by a LinkedIn post by Kate Vitasek. “Value isn’t just about exchange—it’s about creation.” “Through shared goals, you work together, investing in each other’s success and creating value that elevates everyone involved.” – Kate Vitasek The above two statements should resonate far and wide with anyone and everyone, Kate Vitasek , starting with the sales process.

Contract 89

Contract Networking 89

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.

Risk management 105

Risk management Risk Strategy Management 105

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.

Procurement solutions 85

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 85

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.

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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.

Supply chain

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.

Innovation 88

Innovation Risk Supply chain Networking 88

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.

Warehouse optimization 98

Warehouse optimization Warehouse operations 98

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.

Management 83

Management Stakeholder engagement Purchasing Sourcing 83

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.

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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

Bidding

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.

Supply chain 105

Supply chain Supply 105

Supply Chain Dive

DECEMBER 13, 2023

Here are five things your company should consider when evaluating its production process or new technologies.

Supply chain 107

Supply chain Supply 107

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.

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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.

Purchasing 73

Purchasing Import Data Strategy 73

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.

Supply Chain Optimization

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!

Chief Procurement Officer 52

Chief Procurement Officer Procurement 52

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.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

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.

Inventory 62

Inventory Strategy Data Risk 62