Sat.Jan 20, 2024 - Fri.Jan 26, 2024

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Balancing Procurement’s Biggest Priorities in the Fast Lane

Una

Balancing Procurement's Biggest Priorities in the Fast Lane No matter the industry, Sourcing Heroes need to be adept at identifying and balancing procurement’s priorities to make the biggest impact. By Mackenzie Oakley | January 25, 2024 Search Search In the high-octane world of hypercar manufacturing, where precision meets innovation, sourcing heroes like Robert Čačković must navigate a complex landscape of challenges and opportunities.

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CPO Crunch: Hydrogen making its mark

Procurement Leaders

The concept of ‘energy transition’ fascinates me. It’s a simple phrase; one that rolls off the tongue and suggests a satisfyingly straightforward process – stop using one form of energy, start using another. Simple, clean, impactful. The reality, of course, is very different. Energy transition will be spectacularly difficult, messy and eye-wateringly expensive to achieve.

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What if AI could create world peace and just societies to progress SDG 16?

Supply Chain Queen

As Davos themes around AI and trust in the future of work, society and health of our planet can be seen across social media, what if AI could create world peace and just societies to progress SDG 16? And how?Here are a few use cases in action ⤵️1. Conflict Prediction and Prevention??AI can analyze large.

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Supply chain and procurement leaders are flocking to generative AI: Gartner

Supply Chain Dive

Organizations are using the technology to simplify complexity, save time, reduce frustration and potentially cut back headcounts.

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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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Podcast | Protecting Digital Supply Chains From Cyberattack

Supply Chain Brain

For all its advantages, the digitization of supply chains has one disconcerting drawback: It makes them more vulnerable to hackers and cyber thieves.

More Trending

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How to handle a ransomware attack 

IBM Supply Chain Blog

It’s the news no organization wants to hear―you’ve been the victim of a ransomware attack, and now you’re wondering what to do next. The first thing to keep in mind is you’re not alone. Over 17 percent of all cyberattacks involve ransomware —a type of malware that keeps a victim’s data or device locked unless the victim pays the hacker a ransom.

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Warehouse employment keeps falling — and more layoffs loom

Supply Chain Dive

Companies are shifting their focus from expansion to efficiency within their supply chain networks, leading to job cuts and facility closures.

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That Was Fast: High-Tech Component Inventories Shift From Shortage to Glut

Supply Chain Brain

For manufacturers that fretted over component shortages in 2021 and 2022, the current inventory glut is reminding them of that unsettling maxim: Be careful what you wish for.

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AI Simulation Takes Its Place Among Supply Chain Forecasting Tools

SCMR (Supply Chain Management Review)

AI simulation is able to generate possible outcomes in the supply chain, going beyond what traditional AI and machine learning is currently capable of, says Cosmo Tech CEO Michel Morvan.

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10 Practical Steps To Reduce Scope 3 Emissions

Scope 3 emissions – which account for 70 – 80% of an organization’s emissions – are complex and multifaceted. They form the bulk of an organization’s environmental impact. It’s no surprise that enterprises still struggle to track and manage these emissions. '10 Practical Steps to Reduce Scope 3 Emissions' guides you through the essential phases of identifying, analyzing, and mitigating these emissions.

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The dynamic forces behind data center re-transformation 

IBM Supply Chain Blog

Data centers are undergoing significant evolution. Initially, they were massive, centralized facilities that were complex, costly and difficult to replicate or restore. Now, advancements in hardware and software as well as increased focus on sustainability are driving rapid transformation. Catalysts and conundrums A dramatic shift in development and operations is making data centers more agile and cost-effective.

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J&J Snack Foods optimizes distribution with second cold storage facility

Supply Chain Dive

The Woolwich, New Jersey, location can accommodate over 20,000 pallets of frozen food storage – including Dippin' Dots.

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More Trouble for Boeing, as Online Travel Agency Sees Rise in Customers Filtering Out its Planes

Supply Chain Brain

Kayak said that it experienced a 15-fold increase following the Alaska Airlines incident in the use of its aircraft filter feature, which the company first launched in March 2019.

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Disruptions Remain a Cog in the Automotive Supply Chain Wheel

SCMR (Supply Chain Management Review)

The automotive supply chain survived the semiconductor shortage, but there are plenty of potentially unsettling disruptions on the docket for 2024.

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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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Weight and Value x Distance: Studying Global Supply Chain Use and Cost

Art of Procurement

In June 2023, the Journal of Economic Perspectives published a paper titled “How Far Goods Travel: Global Transport and Supply. The post Weight and Value x Distance: Studying Global Supply Chain Use and Cost appeared first on Art of Procurement.

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3 reasons supply chain visibility is vital to retail resilience

Supply Chain Dive

Retail and CPG brands face ongoing disruption, but MK Matus, Senior Value Engineer at Celonis believes supply chain visibility will make those brands more flexible and adaptable.

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V-LINE, Verusen Partner to Assist with Saudi Supply Chain Optimization

Supply Chain Brain

V-LINE said in a statement that its partnership with Verusen will help companies with industrial plants in Saudi Arabia streamline operations, reduce costs and boost efficiency.

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Networks unchained: the shift toward intent-based autonomous operations

IBM Supply Chain Blog

Telecommunications industry, a cornerstone of global connectivity, has been going through a technological renaissance for some time, driven by innovations such as 5G, IoT, cloud computing and AI. As a result, networks have become increasingly hard to manage. There is a need for automation to handle routine tasks, monitor network health and respond to issues in real-time.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Decision Intelligence, a Natural Step in the Planning Evolution

Supply Chain Trend

Decision Intelligence (DI) is a natural evolution in supply chain planning technology. It closes the planning and execution automation gap which has been left by ERP and APS, both technologies that have reached the maturity phase for their functional aims. 7% of companies have started to adopt autonomous end-to-end planning. 3% of companies use autonomous execution to enhance their supply chain resilience.

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UPS reinstates money-back guarantee for 2nd Day Air A.M. service

Supply Chain Dive

The suspension was put in place when the COVID-19 pandemic took hold and an influx of deliveries challenged the company's network.

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Most U.S. Companies Would Prefer Indian over Chinese Suppliers

Supply Chain Brain

Over half of the survey participants said that they wanted India to fulfill their supply chain needs over the next five years, rather than China.

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Balancing AI: Do good and avoid harm

IBM Supply Chain Blog

Growing up, my father always said, “do good.” As a child, I thought it was cringeworthy grammar and I would correct him, insisting it should be “do well.” Even my children tease me when they hear his “do good” advice and I’ll admit I let him have a pass on the grammar front. In the case of responsible artificial intelligence (AI), organizations should prioritize the ability to avoid harm as a central focus.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Hellios: Vendor Analysis — Supplier information management (SIM) solution overview, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis, we give an overview of Hellios, a Supplier Information Management (SIM) solution. In the complex landscape of supplier management, organizations struggle with challenges such as compliance, inconsistent supplier data and growing demands for reporting. Hellios, a supplier information management specialist, addresses these pain points by creating industry-specific communities.

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Will parcel shippers use fewer delivery providers in 2024?

Supply Chain Dive

Aggressive discounting from FedEx and UPS pose a threat to carrier diversification, but competitors are striking back.

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Strategic M&A with Tech Startups is the Path to Supply Chain Resiliency In 2024

Supply Chain Brain

Retailers and logistics companies run tight margins, and developing AI or AR systems in-house, from the ground up, is prohibitively expensive.

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For What It’s Worth: Tackling the supply chain digital transformation shortage, optimizing your negotiations amidst all of the chaos, and COVID four years later”

Procurement Insights

MUSING #1 In the age of information, it’s surprising that supply chain digital transformation isn’t as readily available as one would expect. Have you ever wondered why? – Nate Morrison My Thoughts (For What It’s Worth) The short answer: Because digital transformation is seen as a technology issue – and there isn’t a shortage of technologies.

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The What, Why and How of Total Procurement Orchestration

By 2027, Gartner predicts that 40% of sourcing will be handled outside of the procurement function. How can procurement pros ensure that the process is efficient and unified for all users? For a synchronized and democratized approach to procurement, leaders are embracing total procurement orchestration solutions. The What, Why and How of Total Procurement Orchestration details how a multi-level orchestration strategy streamlines procurement processes.

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NextGen Leader: Alpesh Chaddha

SCMR (Supply Chain Management Review)

Alpesh Chaddha joined Phillip Morris International in 2021, but since then, the vice president of operations strategy and results delivery has played a key role in helping guide it toward a smoke-free future.

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Lamb Weston begins ERP transition for North America operations

Supply Chain Dive

The shift has involved a production pause and reduced shipping activity due to short-term inventory visibility constraints.

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Enhancing Supply Chain Resilience Through Logistics Technology

Supply Chain Brain

In the wake of multiple disruptions to global supply chains over the last few years, a variety of technologies has emerged to help business leaders achieve resilience.