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Essential Technology Capabilities for Supply Chain in 2023

Logistics Viewpoints

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. How will the picture change in 2023 ? The threat of an economic recession is looming over all major economies in 2023. How to Move Forward. Inflation Pressure.

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Schneider Electric’s Works with EcoVadis to Drive Supplier Emissions Engagment

Logistics Viewpoints

Many companies don’t even know how to start these projects. Schneider Electric and EcoVadis Christophe Quiquempoix, VP of Sustainable Procurement at Schneider Electric shared his insights during a panel discussion at EcoVadis Sustain Conference 2023. Resulting in a 10% reduction in emissions across the supplier network.

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Making strategic investments in digital supply chain in a downcycle

FreightWaves SONAR

In taking the opportunity to make strategic investments in digital supply chain tools during a market downcycle, when capacity is loose, freight costs are low and customer demand looks shaky, Walmart was bucking the trend among large shippers. We’ve reengineered our supply chain networks to connect all the assets we have,” Furner said.

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The unspoken risk that’s hitting businesses. Hard

Logistics Business Magazine

How to stop your business from becoming a viral joke or a cautionary tale? Disruptions: in numbers No business worth their weight is going to publicise how much a supply chain disruption has cost them. According to canal administrators, toll revenues have dropped by about $100 million per month since October 2023.

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10 most important SCM trends of 2023

Logistics Business Magazine

Ralf Duester, member of the board of the SCM software specialist Setlog, shows which trends will shape the year 2023. His statements are based not only on numerous conversations with economic experts and scientists, but also on data from Setlog customers who use the SCM tool OSCA. Purchasing and procurement are revamped.

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How to Unlock Value of Data-driven Logistics

Logistics Business Magazine

So, in 2023 and beyond, how do businesses get the most out of their transportation management data and transform their operations like never before? But the true value of being data-driven comes when businesses layer artificial intelligence , machine learning and visualisation tools on top of the data.

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2024 Supply Chain Outlook: Industry Experts Weigh in on Opportunities and Challenges

Penske Move Ahead

To help those within the industry prepare for the year ahead, we sat down with several industry experts to get their thoughts on capacity, operations, sustainability and how to prepare for 2024. New construction will be flattish compared with 2023 as will factory production. Q: What potential headwinds do you anticipate?