April, 2023

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Supply Chain Weekly Wrap-Up 04/07/2023-04/13/2023

All Things Supply Chain

US looks to establish rules for AI After the recent rise in popularity over OpenAI’s ChatGPT, countries are now looking to regulate this industry to prevent data breaches and subdue…

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Sustainable Supply Chain Analysis — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Supply Chain Analysis — Embracing Sustainability Sustainable supply chain analysis involves evaluating how sustainable your suppliers and your processes that both pertain to how transparent your supply chain is.

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UPS fights to keep strike-fearing shippers from fleeing

Supply Chain Dive

The delivery giant has assigned executives to major customers to keep them from shifting volume to competitors amid Teamsters contract negotiations, CEO Carol Tomé said.

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[Pod] The Power and Danger of Asking Good Questions

Art of Procurement

In the 5th century BC, Socrates was teaching the Athenian people to think for themselves. He taught by asking questions: The post [Pod] The Power and Danger of Asking Good Questions appeared first on Art of Procurement.

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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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Episode 111: Taking Intelligent Risks with Mark Trowbridge

Una

EPISODE 111 Taking Intelligent Risks with Mark Trowbridge By Kelly Barner | April 19, 2023 We’ve all been mired in years of paralyzing risk and disruption… but could risk taking be just what this moment calls for? Yes – as long as the risks are “intelligent risks.” In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Mark Trowbridge.

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Artificial Intelligence Will be Big in Supply Chain Management, Report Predicts

Supply Chain Brain

AI-enabled supply chains are 67% more effective than their non-AI counterparts, thanks to reduced risks and lower overall costs, market analysis shows.

More Trending

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Kotter’s Theory — Embracing Sustainability in Procurement

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Kotter’s Theory — Embracing Sustainability in Procurement Kotter’s theory of change helps companies to introduce change in the business. However, what is it? This article will discuss what Kotter’s theory is and the benefits you can gain by using it to change your business operation, especially your procurement process.

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China sourcing tied to largest supply chain risks of 2023: report

Supply Chain Dive

Insolvencies, COVID-19 disruption and ties to forced labor raise the possibility for delays and reputational harm, according to analytics firm Everstream’s annual risk report.

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[Pod] Case Dismissed: Spencer Patton Prevails Over FedEx

Art of Procurement

In August of 2022, the relationship between FedEx Ground and their network of delivery contractors looked like it was about. The post [Pod] Case Dismissed: Spencer Patton Prevails Over FedEx appeared first on Art of Procurement.

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Global supply chain health: Decoding the value of supply chain indices

SCMR (Supply Chain Management Review)

Supply chain indexes tell different stories based on the data they collect, but looking at them collectively can provide a more accurate assessment.

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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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Building the Pipeline: Five Ways to Lift Female Supply Chain Leaders

Supply Chain Brain

As a leader in end-to-end delivery and transportation with a career spanning over 15 years as an omni-channel supply chain and operations leader, I have often been the only woman in the room.

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What the future of ChatGPT has for the Supply Chain

All Things Supply Chain

The overwhelming popularity of OpenAI’s ChatGPT has been a hot topic since the turn of the new year.

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Sustainability Issues in Procurement — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainability Issues in Procurement — Embracing Sustainability Sustainability issues are what many businesses should prioritize if they want to continue striving for sustainability in their business operations, especially their procurement activities.

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Amazon begins charging for some returns made to The UPS Store

Supply Chain Dive

A fee will apply if an Amazon Fresh, Whole Foods or Kohl’s location is within the same distance or closer to the customer’s delivery address.

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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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What Does a Procurement Manager Do? Job Description and Requirements

SCMDOJO

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck. But what exactly does it entail and what qualifications do you need to thrive in this dynamic role?

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[Pod] Negotiating The Big One: UPS and the Teamsters Labor Union

Art of Procurement

The labor contract between UPS and the Teamsters union is the largest private collective bargaining agreement in North America – The post [Pod] Negotiating The Big One: UPS and the Teamsters Labor Union appeared first on Art of Procurement.

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Digital Tools Help Metals Supply Chains Experience Less Volatility and More Resiliency

Supply Chain Brain

Businesses in the industrial metals industry must increasingly rely on digital tools such as real-time product tracking to optimize their items’ journey and to provide data to inform decisions.

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5 Ways to Improve Safety in The Construction Supply Chain

All Things Supply Chain

Transportation and shipping jobs rank second on the list of positions with the most significant number of workplace injuries.

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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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Sustainable Community — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Community — Embracing Sustainability A sustainable community is one of the aims of integrating sustainability in every business. However, how can you help a community be stable with sustainable procurement? This article will discuss what sustainable procurement and community are.

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Amazon shifts to regional fulfillment model

Supply Chain Dive

The company has addressed growing complexity in its network by positioning goods closer to end customers, lowering costs and reducing delivery times.

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Top 10 Supply Chain Management Courses to Boost Your Career

SCMDOJO

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. With the ever-evolving business landscape, staying current on the latest industry trends and best practices is crucial for your success. Fortunately, there are numerous courses available to help you develop your expertise in supply chain management, regardless of your level of experience.

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Episode 112: Tough Times Don’t Last But Tough People Do with Kris Lance

Una

EPISODE 112 Tough Times Don’t Last But Tough People Do with Kris Lance By Kelly Barner | April 26, 2023 The costs of poor physical and mental health are all around us. Despite having the highest per capita spending on health care in the industrialized world AND the highest health care spending as a percentage of GDP, the United States has the lowest life expectancy at birth.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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ISO 20022: Are your payment systems ready?

IBM Supply Chain Blog

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. The International Organization for Standardization (ISO) developed the standard, which is being adopted by countries and financial institutions worldwide.

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How to be Successful in Omni-Channel Commerce

Supply Chain Brain

The grace period is gone; consumers will find what they want elsewhere if a retailer can’t deliver the product(s) and experience they’re looking for.

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Sustainable Government Procurement — Shifting to Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Government Procurement — Shifting to Sustainability Sustainable government procurement is the commitment of the government to achieve sustainability in its purchases. However, what is it? In this article, we will discuss what sustainable procurement means.

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5 California ports pledge to build data-sharing system for cargo fluidity

Supply Chain Dive

Los Angeles, Long Beach and other shipping hubs in the state will work together on a cloud-based tool aimed at standardizing data and boosting cargo fluidity.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line.

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[Pod] Procurement 6 – April 14th, 2023

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post [Pod] Procurement 6 – April 14th, 2023 appeared first on Art of Procurement.

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Data in Procurement and the Supply Chain

Positive Purchasing

Kris Lance is a senior director with the group purchasing company Una. He’s an experienced leader with a proven history of success across multiple industries, especially in healthcare and IT procurement. Kris describes himself as a “seeker of truth”, and here he takes a look at the tech landscape in procurement – and in particular, data. We asked: “As the availability of more sophisticated technology is matched by the opportunity to acquire increased levels of data, the temptation to run h

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Hydrogen Is Here; This is How We Get It There

Supply Chain Brain

With the capability to produce and store liquified hydrogen where and when it is needed, the tipping point has been reached and the hydrogen economy is here.

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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.