June, 2023

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Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know

ivalua

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD). This new regulation builds upon its predecessor, the Non-Financial Reporting Directive (NFRD), and brings about significant changes that impact organizatio

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Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

Surgery is over. I am safely recuperating at home. Due to travel restrictions, I cannot attend many industry events, so I observe from home, watching webinars and remote broadcasts. As I process the content, I struggle. My mind questions, “How did we get here? ” I believe that the industry is stuck. My question is, “How do we break the conventional norms to drive breakthrough thinking?

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Your Must-Have Gartner EU Debrief: The TopTakeaways from Gartner Supply Chain Symposium/Xpo EU 2023

ToolsGroup

Gartner Supply Chain Symposium/Xpo EU 2023 has wrapped up its 3-day event in Barcelona, Spain. Featuring over 35 Gartner experts and more than 100 research-driven sessions, this year’s conference gathered over 2,000 supply chain professionals from across Europe and beyond. Our team was energized by the insightful conversations we had and sessions we attended, and we’re excited to share what we’ve learned!

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Support a Struggling Supply Chain with Digital Thread

Supply Chain Brain

When manufacturing, quality management and supply chain planning systems are all working synchronously, manufacturers are better equipped to adapt and respond to supply chain disruption.

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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Supply Chain Planning Must Become Decision-Centric

Supply Chain Brain

The environment in which chief supply chain officers find themselves has changed significantly in recent years, but most organizations have failed to adjust their approach to planning.

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Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change. At Ivalua, we recognized the need to stay ahead of these developments and organized our first annual Ivalua Summer Symposium in London on a wonderful sunny evening on the Thames to discuss

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Dancing in the Ring of Fire

Supply Chain Shaman

This week, I spoke to John. As a supply chain leader, he is struggling how to dance in the ring of fire. You may also be facing the same issue. Let me explain. What Is The Ring of Fire? The ring of fire is corporate politics at the executive level on supply chain performance. Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned.

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The Case for Real-Time Perpetual Inventory Signals in Manufacturing

ToolsGroup

Once upon a time, the world of manufacturing was a relatively stable place. But then, supply chain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy.

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The Changing Grocery Landscape

Enterra Insights

The grocery landscape has changed enormously from the days of the general store, when a clerk behind a counter would fetch goods for customers from scantily stocked shelves. Francesco Fazio , a partner at Treacy & Company, and Xiao Liu , his former Treacy & Company colleague, write, “The way that consumers shop for groceries, and how supply chains get goods from beginning to end, has changed radically since the first ‘modern’ supermarket, a store named Piggly Wiggly, fi

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Until AI Can Solve this One Simple Task, I Wouldn’t Worry About It

Logistics Viewpoints

Experts have recently warned about the possibility that artificial intelligence (AI) could lead to the destruction of 400 million jobs by 2030. These same pundits also predict that AI could lead to increases in global GDP by trillions of dollars in the same time frame. However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security.

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AI and the Future of Supply Chain with Yossi Sheffi

The Logistics of Logistics

Dr. Yossi Sheffi and Joe Lynch discuss AI and the future of supply chain, which is the central theme of Yossi’s latest book, The Magic Conveyor Belt: Supply Chains, A.I., and the Future of Work. Yossi is the Elisha Gray II professor of Engineering Systems at the Massachusetts Institute of Technology, where he serves as Director of the MIT Center for Transportation & Logistics (CTL).

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Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

Ivalua Spend Management Insights [ivory-search] Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation June 14, 2023 | | Thought Leadership by Vishal Patel Implementing a procurement application requires careful planning and execution, but combining it with a successful strategy can also ensure stakeholder buy-in, improve communications, support change management, reduce cost, and increase speed to market.

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Generative AI’s Impact On The Supply Chain (3 Use Cases)

Talking Logistics

Global organizations want more automation within their supply chain to tackle issues like cost escalation and demand volatility. Generative AI has emerged as a transformative force with the potential to revolutionize the global supply chain, including the power to serve as a co-pilot to help operations and customer service organizations do their job better, faster.

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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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The Top 7 Tangible Benefits of Automating Dock & Yard Operations

C3 Solutions

With the complexities and dynamism of the logistics industry, automation in the yard and dock management is no longer a luxury but a necessity to ensure success for the supply chains. By utilizing innovative technology to handle tasks traditionally done manually, businesses can enhance efficiency, improve accuracy, and adapt quickly to changes. To better understand the power of automation in this context, here are the top 7 tangible benefits.

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Key Strengths that Drive Better Outcomes in Supply Chain Planning

John Galt

John Galt Solutions is a Leader in the 2023 Gartner Magic Quadrant for Supply Chain Planning. Learn about the strengths highlighted in the report.

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Marijuana Supply Chain: Profits and Headaches

Logistics Viewpoints

The marijuana supply chain is an interesting market to follow. Like any agricultural product, there are ebbs and flows to its supply and demand. However, there is one caveat in the marijuana supply chain that makes things a bit trickier: in most states, cannabis products can only be sold and consumed within the state that the original plant was grown.

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An Alternative to UPS and FedEx with Mark Lavelle

The Logistics of Logistics

Mark Lavelle and Joe Lynch discuss n alternative to UPS and FedEx. Mark is the Chief Executive Officer at Maergo , a first-of-its-kind parcel delivery platform, purpose-built for branded direct-to-consumer delivery using modern technology and advanced data capabilities. About Mark Lavelle Mark Lavelle is the Chief Executive Officer at Maergo, a first-of-its-kind parcel delivery platform, purpose-built for branded direct-to-consumer delivery using modern technology and advanced data capabilit

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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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Successfully Delivering Digital Twins for Supply Chain Management

Supply Chain Brain

Your supply chain’s digital twin is waiting for you; waiting to start the adoption process will only delay the realization of significant improvements in supply chain performance.

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5 Common Supply Chain Resume Mistakes to Avoid

SCMDOJO

Are you looking to enhance your chances of landing a supply chain role? As someone with extensive managerial and recruiting experience spanning over 15 years, I’ve had the opportunity to review a staggering number of resumes, totaling more than 200. Through this process, I’ve identified a recurring pattern of errors that often lead to these CVs being overlooked.

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Optimizing yard management for manufacturing facilities

C3 Solutions

The manufacturing sector remains a crucial component of the global economy, with the small, medium, and large companies operating in the US accounting for about 11% of the country's GDP. Manufacturing facilities play an increasingly vital role in enhancing operational efficiency and optimizing global supply chain resources. The European Union, China, and the United States are the top three global manufacturing powerhouses and have seen a significant increase in the number of manufacturing facili

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Is it Time to Bring Supply Chain Efficiency Back in Vogue?

John Galt

Finding balance between efficiency and resiliency is crucial for navigating the complexities of the modern supply chain landscape. Learn more.

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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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2023 Mid-Year Check-In: Current Status of Supply Chains and What’s Next?

Logistics Viewpoints

In February 2023 I wrote the article What Does 2023 Have In-Store for Global Supply Chains? It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. This post was subsequently followed by two articles that discussed some of the findings from the survey.

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Key Takeaways from TMSA Elevate with Trey Griggs

The Logistics of Logistics

Trey Griggs and Joe Lynch discuss key takeaways from TMSA Elevate, a conference held in Savannah, Georgia on June 11, 12, and 13. TMSA is the Transportation Marketing and Sales Association, a non-profit organization for sales and marketing professionals in transportation and logistics. Trey Griggs, Founder of the Beta Consulting Group was an emcee for the event.

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Green Jobs and Green Tech: Rethinking the Impact of the Supply Chain

Supply Chain Brain

Eight supply chains – food, construction, fashion, fast-moving consumer goods, electronics, automotive, professional services and freight – account for more than 50% of global emissions.

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France’s transatlantic sail-powered cargo revolution should put the wind up Brits

IT Supply Chain

By David Jinks M.I.L.T. (pictured) Head of Consumer Research, ParcelHero The post France’s transatlantic sail-powered cargo revolution should put the wind up Brits appeared first on IT Supply Chain.

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

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Top 5 Logistics Software Trends in 2023

C3 Solutions

If last year was characterized as the year that the entire world finally woke up to the importance of the supply chain, 2023 is set to be the year logistics executives take their supply chain seriously. The difficulties faced keeping goods moving in the last two years have made it imperative to put the right technology in place to help navigate the increasing complexity of managing any company’s supply chain.

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5 Ways a Digital Supply Chain Twin Supercharges Performance

John Galt

Learn the key benefits of a digital twin for the supply chain to help you conquer the challenges of modern supply chain planning operations.

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This Week in Logistics News (June 24 – 30)

Logistics Viewpoints

I have yet to jump on the metaverse bandwagon, but I see more and more companies offering “virtual experiences” to the masses. For those unfamiliar with the metaverse, it is the emerging 3-D-enabled digital space that uses virtual reality, augmented reality, and other advanced internet and semiconductor technology to allow people to have lifelike personal and business experiences online.