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Supply Chain Digitalization, ESG and AI

Supply Chain Digitalization, ESG and AI ?

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Invas Technologies is a company that provides solutions to make running a trucking business easier for drivers and carriers. Their suite of solutions includes TMS capacity and storage marketplace, as well as a rate management system that optimizes operations and reduces administrative headaches. Invas Technologies focuses on driving progress and delivering innovation in the trucking industry. [Music]

Christine Barnhart is the Chief Marketing and Industry Officer at Nulogy, a Canadian supply chain innovator. Nulogy specializes in supplier collaboration between large manufacturers and their external supply chain, such as suppliers, co-packers, and contract manufacturers. They believe that bringing suppliers closer is essential for the success of both the companies and their customers. Christine highlights the importance of supporting mothers, fathers, and young families in the workplace to ensure work-life balance. She also mentions the cultural differences regarding work-life balance in different countries.

The Secret Society of Supply Chain, created by Let's Talk Supply Chain, provides a community for supply chain professionals to connect, learn, and grow. The three distinct communities of the Secret Society include the Supply Chainers, Women in Supply Chain, and the Creative Room. Each community offers unique opportunities for networking, professional development, and marketing. Join the Secret Society of Supply Chain today to find your tribe and level up in your career.

Nulogy and Let's Talk Supply Chain are launching a live show called "Supply Chain Unfiltered" on February 21st. Christine Barnhart will be hosting the show, which aims to provide a platform for unfiltered discussions about supply chain topics. The show will feature a variety of guests from the industry and cover different aspects of supply chain management. Attendees can expect direct and pragmatic conversations that address the challenges and opportunities in the supply chain world.

The poll of the week asked if people have ever felt hesitant to take a mental health day off work. Unfortunately, 50% of respondents answered yes, highlighting the existing stigma and reluctance to prioritize mental health in the workplace. This is an important issue that needs attention and support from employers to create a safe space for employees to prioritize their mental well-being.

According to a Forbes article, there is a shift happening in the discussion of ESG (Environmental, Social, and Governance) in companies. Some companies are moving away from using the term "ESG" due to its political connotations and are replacing it with "responsible business." This change indicates the need to redefine and reframe the conversation around sustainability and corporate responsibility. Additionally, the article mentions labor shortages in the supply chain industry and explores whether AI and technology can help address this issue.

Nulogy recently released an ebook titled "Me to We: Everyone Winning in a Collaborative, Synchronized Ecosystem." The ebook is aimed at customers and suppliers in the supply chain industry. It discusses the importance of collaboration and synchronization within supply chains and provides guidance on evaluating digital maturity. The ebook emphasizes the need for real-time data and the benefits of virtual vertical integration.

There is a growing concern about labor shortages in the supply chain industry, with millions of job positions remaining unfilled. The article raises the question of whether AI and technology can help alleviate the issue. While AI can contribute to streamlining processes and improving efficiency, it is not a panacea. The larger problem lies in redefining the perception of manufacturing jobs and the need for reskilling. Collaboration and synchronization within supply chains can also contribute to addressing labor shortages and optimizing workforce utilization.

Keywords: Invas Technologies, TMS, capacity, storage Marketplace, rate management system, administrative headaches, Christine Barnhart, Nulogy, supplier collaboration, external supply chain, manufacturers, trucking industry, work-life balance, Secret Society of Supply Chain, Supply Chain Unfiltered, mental health day, ESG, responsible business, labor shortages, AI, technology, ebook, collaboration, synchronization, real-time data, virtual vertical integration, job positions, reskilling.

FAQ

  1. Can technology solve labor shortages in the supply chain industry? While technology, such as AI, can help in streamlining processes and improving efficiencies, it is not a complete solution for labor shortages. Addressing labor shortages requires reevaluating the perception of manufacturing jobs and exploring reskilling opportunities.

  2. What does responsible business mean in the context of ESG? Responsible business is a term used to reframe the conversation around sustainability and corporate responsibility. It allows companies to focus on their environmental, social, and governance practices without the political implications associated with the term ESG.

  3. Why is collaboration and synchronization important in supply chains? Collaboration and synchronization within supply chains allow for real-time data sharing, better visibility, and faster decision-making. It helps optimize supply chain operations, reduces waste, and improves overall efficiency.

  4. What is the Me to We ebook about? The Me to We ebook by Nulogy discusses the importance of collaboration and synchronization within supply chains. It provides insights into evaluating digital maturity and offers guidance on the benefits of virtual vertical integration. The ebook aims to help customers and suppliers in the supply chain industry improve their collaborative efforts.