Thu.Apr 27, 2023

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5 Ways to Mitigate ESG Risks in Your Supply Chain

Resilinc

In the past year, risks associated with ESG (Environmental Social Governance) risks have become a big concern for businesses across all industries — and for a good reason. ESG-related supply chain regulations across the globe are on the rise. In 2022, the Uyghur Forced Labor Prevention Act (UFLPA) was signed into law by President Biden to crack down on forced and child labor from the Xinjiang region of China.

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Editor’s Choice: WMS Budget – Room for an Implementation?

Logistics Viewpoints

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article comes from Eric Mcpherson at Open Sky Group and looks at a WMS budget and preparing for implementation. When you begin researching Warehouse Management System ( WMS ) software, you’re probably running into some difficulties in the budgeting process because pricing is not always readily available.

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Freight Market Intelligence: Data is crucial, but context is king

Freightos

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The article presents findings from a survey conducted across over 200 global supply chain professionals to highlight how the pandemic has increased the need for freight market intelligence and how it continues to be relevant even as supply chain issues resolve.

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CTA

ivalua

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Those are three hot topics in the enterprise today. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Watch: Alpine Supply Chain Solutions & Ecentria: A Case Study

Supply Chain Brain

Huge growth in sales led to the need to optimize inventory, fulfillment and warehouse operations at Ecentria, say Michael Wohlwend, managing principal of Alpine Supply Chain Solutions, and Andrew Mironov, head of operations at Ecentria.

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Resilience through diversification: Why supply chain diversification is now a business imperative

IT Supply Chain

By Andrew Black (pictured) Director at Efficio The post Resilience through diversification: Why supply chain diversification is now a business imperative appeared first on IT Supply Chain.

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Global Fulfillment Innovation Centers on ESG in 2023

ModusLink Corporation

Global Fulfillment Innovation Centers on ESG in 2023. Environmental, social, and governance (ESG) and its growing importance in supply chain management is a top priority for global fulfillment managers. ESG supply chain management is critical to maximizing the benefits of omnichannel ecommerce and warehousing and distribution services. ESG in supply chains refers to the three key factors companies consider when evaluating their environmental, social, and governance impacts.

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The 4 Widgets Every Website Developer Needs To Know About

IT Supply Chain

By Jessica Sweet (pictured) Content Writer at makeLifeSweeter.com The post The 4 Widgets Every Website Developer Needs To Know About appeared first on IT Supply Chain.

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5 Order Management Capabilities B2Bs Can’t Live Without

BlueYonder

The expectations of B2B customers have changed. B2B customers are now looking for B2C customer experience. In fact, B2B Future Shopper Report 2023 suggests that 46% of B2B buyers are frustrated with the online buying experience. And to make matters worse, 40% of global B2B buyers say they have changed all their suppliers in the last 12 months. In addition to that, B2B commerce is evolving – and rapidly – because the B2B e-commerce is expected to reach $3 trillion by 2027.

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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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Streamlining IT management – how to do more with less

IT Supply Chain

By Jeremy Rafuse (pictured) Vice President & Head of Digital Workplace, GoTo The post Streamlining IT management – how to do more with less appeared first on IT Supply Chain.

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Setting up a Supply Chain Risk Management Program

Exiger Perspectives

The quickly evolving landscape of supply chain risk management (SCRM) requires organizations to develop strong programs that can anticipate and mitigate a variety of risks. That includes monitoring for geopolitical risk, trade wars, industrial espionage, modern slavery, climate change and cyber threats, plus tracking open source data like social media and news.

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The psychological impact of phishing attacks on your employees

IT Supply Chain

By Jack Chapman (pictured) VP of Threat Intelligence, Egress The post The psychological impact of phishing attacks on your employees appeared first on IT Supply Chain.

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Hope for Justice / Slave-Free Alliance Partners with Technology Company Exiger to Stamp Out Forced Labor

Exiger Perspectives

New exclusive partnership brings proprietary supply chain management technology to frontlines in the global fight against modern slavery NEW YORK, NY, April 27, 2023 — Exiger , a global leading third-party and supply chain management software company, today announced that it has been named a Strategic Technology Partner for the Slave-Free Alliance , a global collaboration designed to empower organizations to combat slavery and labor exploitation within their operations and supply chains.

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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BMW Building and Fostering a More Resilient and Agile Supply Chain

Supply Chain Matters

In our focus on supply chain strategy and business process transformation, Supply Chain Matters would like to call our reader’s attention to statements from the CEO of BMW regarding supply chain strategy. Background In our prelude to our research arm’s published 2023 Predictions for Industry and Global Supply Chains (Available for complimentary downloading in our Research Center ), we noted that after three plus years of pandemic impacts, C-Suite executives have garnered more direct appreciation

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Reasons to Use Cross Docking Services

Kanban Logistics

Cross docking is an efficient process that saves both time and money by keeping products on the move. Some companies use cross docking services as part of their regular operations mix, while others turn to cross docking only when necessary. For just about any company, however, there are multiple scenarios in which cross docking can bolster your supply chain.

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Why Humans and Machines Will Be Coworkers in the Workplace of the Future

MIT Supply Chain

Labor relations are in the spotlight with employers at Los Angeles and Long Beach ports , management teams at FedEx , and UPS engaged in critically important contract negotiations with trade union representatives. Any one of these talks has the potential to hurt the US economy should the negotiators fail to reach an agreement and protracted industrial action ensues.

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Podcast | There Are No Shortcuts to Supply Chain Due Diligence

Supply Chain Brain

When it comes to unethical behavior by one’s supply chain partners, no matter how deep up the tiers you go, ignorance is no excuse.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Food Fulfillment Services: Four Sigmatic Case Study

Amware Logistics and Fulfillment

For fast-growing nutrition brand, Four Sigmatic , Amware helped reduce pick and pack costs 15%, reduce parcel shipping costs 4%, and sustain 99.9% order accuracy through a period of rapid growth.

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Virginia Governor Visits Asia to Forge “Trusted Supply Chain Relationships”

Supply Chain Brain

Virginia Governor Glenn Youngkin hopes to form supply chain relationships with "friends" of the U.S. so that his state won't have to rely on Chinese suppliers.

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Senior Customer Application Engineer

ivalua

Senior Customer Application Engineer The post Senior Customer Application Engineer appeared first on Ivalua.

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How Consumer Brands Can Move Fast to Address Change, Become More Efficient

Supply Chain Brain

Companies make thousands of decisions a day about what to produce, where to put product and what to promote. But they often make those decisions based on very limited information.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Cost and Carbon based Supplier Development Management

ivalua

The post Cost and Carbon based Supplier Development Management appeared first on Ivalua.

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Can Smaller Operators Benefit From the Boom in Tech Innovation?

Supply Chain Brain

Logistics technology innovation is not limited to those with the biggest wallets and large technical teams to implement and manage these offerings.

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Looking to move a bulk load? Try the phone.

Bulk Connection

Modern tools drive modern business, and this is as true in the transportation industry as anywhere else. Shippers, carriers and freight brokers can all use TMS systems and other electronic applications to ship, haul, track, and pay for freight transport. But, while this may work perfectly fine in the dry van world, shipments of bulk loads often require a little something extra: a phone call.

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U.S. Demands Iran Release Oil Tanker Seized in Gulf of Oman

Supply Chain Brain

Iran’s state-run IRNA news agency reported that a Marshall Islands-flagged tanker collided with an Iranian vessel in the Persian Gulf, prompting Iran’s navy to seize the vessel in Gulf of Oman.

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How To Package & Price Embedded Analytics

Just by embedding analytics, app owners can charge 24% more for their product. How much value could you add? This framework from Software Pricing Partners explains how application enhancements can extend your product offerings. You’ll learn: How to take a disciplined approach to pricing The three elements of the Packaging Decision Framework Ways to structure your new embedded analytics offering Download the White Paper to learn about How To Package & Price Embedded Analytics.

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Smarter Software Making a Big Difference for Fibre Firm

Unleashed

For a high-tech company Lightning Fibre had been taking a rather low-tech approach: Managing their multi-million pound inventory on Excel. The company is an internet service provider rolling out its own fibre network in the SouthEast of England, and when purchasing manager James Hope joined a year ago he saw an opportunity to implement an ERP software package.

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American Airlines Sees Upbeat Profit Forecast as Global Demand Grows

Supply Chain Brain

American’s sales growth this year has trailed its biggest competitors, in part because of a pilot shortage at its regional airline partners and delays in deliveries.

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Capturing the embedded finance wave without screen scraping

Axway

Consider this scenario: Using your ID and password, a third party logs into your online bank account as if they are you. The information retrieved is then funneled into, for example, a budgeting app.