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Automating Procurement and Supplier Relations to Alleviate ESG Concerns

QAD

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

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How to Navigate ESG Risk with Supplier Management Software

QAD

This sounds simple enough, but we all know it’s a very complex issue and that’s partially because ESG concerns touch every part of the value chain, from the field or mine where raw materials are sourced to the packaging and transport modes used to bring your finished product to market.

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A Time for Unfiltered Straight Talk

Supply Chain Matters

Frequent readers of the Supply Chain Matters blog may recall one metaphor that this Editor has invoked over the past three years – the Eagle ’s tune, In a New York Minute ( Everything Can Change ). Friedman went on to articulate that transit times to move inventory from Asia to the U.S. Additional Thoughts.

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Federal Reserve GSPI Index Drops Significantly in April

Supply Chain Matters

The Supply Chain Matters blog highlights a further negative drop in the New York Federal Reserve’s Global Supply Chain Pressures Index ( GSPI ). The logistics industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022.

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Supply Chain Matters News Capsule Follow-Up September 9 2022

Supply Chain Matters

The report, citing two informed sources, specifically indicates that between 30 percent and 50 percent of Foxconn’s and Jabil’s planned production output in August were affected by electrical power rationing. percent according to this same source. Global Economy Shock Waves Pose Added Threats to European Supply Chains.

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Mitigating the Impact of the Coronavirus on Supply Chains with Machine Learning and Real-Time Visibility

BlueYonder

A New York Times article from August 2019 highlights how much artificial intelligence (AI) is indebted to humans. where is my inventory,” and leverage ML-based recommendations to find alternate sources of supply and integrated execution capabilities to turn recommendations into alternate supply shipments.

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Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

For the specific routing of Shanghai to New York , the index was $11, 531, reflecting a six percent decline. . Trucking disruptions in these areas threaten the flow of inbound and outbound inventory. . Because of this, both Inventory Costs (91.0) Inventory levels reportedly dipped to 75.7 US Logistics Index.