Trending Articles

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Brazil Shuts Down Construction of BYD Factory Over 'Slavery' Conditions

Supply Chain Brain

Brazil's Public Labor Prosecutor's Office said workers were put in a "degrading" environment and had their passports and salaries withheld by a building company.

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Best of 2024: Procurement News — CPO Promotions for 2024

CPO Rising

Editors Note: Over the next few weeks on CPO Rising, were publishing some best of 2024 articles as we reflect on the year and prepare for the new year ahead.… The post Best of 2024: Procurement News CPO Promotions for 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Highway Congestion Creates $109B in Added Costs for Trucking Industry

Supply Chain Brain

The ATRI also found that congestion caused the industry to waste 6.4 billion gallons of diesel fuel, creating more than $32 billion in additional fuel costs.

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Procurement transformation 2025: Why invest in procuretech and how to make the case – Onventis

Spend Matters

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys. Alexandra Arens , Senior Content Marketing Manager at Onventis , shares what their customers are looking for from their digital procurement investment based on the 2024 Procurement Barometer study results

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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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FedEx aims for ‘seamless’ customer transition with Freight spinoff

Supply Chain Dive

The less-than-truckload unit aims to sustain or improve service levels while also bolstering its sales ranks.

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How Strategic Purchasing Reduces Lead Times with Supplier Collaboration

Procurement Freelancers

Keeping a competitive edge in a fast-paced, globalized economy is crucial, and long lead times… The post How Strategic Purchasing Reduces Lead Times with Supplier Collaboration first appeared on Procurement Blog | Procurement & Supply Chain News.

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5 Procurement Industry Trends to Watch in 2025

Arkestro

Resources / Blog / 5 Procurement Industry Trends to Watch in 2025 5 Procurement Industry Trends to Watch in 2025 In recent years, the procurement industry has undergone unprecedented transformations driven by the adoption of digital transformation, big data, and advanced technology like artificial intelligence (AI), machine learning, and automation.

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Amazon warehouse workers on strike amid holiday rush

Supply Chain Dive

The e-commerce giant said work stoppages at seven facilities have not impacted operations.

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ZIP, ProPurchaser, MS Excel: Which One Is Right For Your Procurement Organization Right Now?

Procurement Insights

Since most people using ChatGPT trust the outcome (an estimated 60% to 80%), I thought I would throw it a curve ball and ask who ProPurchaser’s main competitors are. It would be an understatement to say I was surprised that ChatGPT identified ZIP as one of ProPurchaser’s top five competitors. I then asked the next (and obvious) question, why are ZIP and ProPurchaser considered competitors?

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10 Best Practices for Streamlining Procurement Contract Management

Procurement Freelancers

Effectively managing contracts for procurement processes has become an important task for companies that want… The post 10 Best Practices for Streamlining Procurement Contract Management first appeared on Procurement Blog | Procurement & Supply Chain News.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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How Real-Time Location Intelligence Can Mitigate Supply Chain Challenges

Supply Chain Brain

In finished vehicle logistics, p erhaps the most impactful benefit of real-time location intelligence is its ability to modernize legacy processes through automation.

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Purchase Order Controls: Why Managing PO Approvals is a Big Deal

Procurement Express

The way businesses handle purchasing is evolving. Were seeing a shift from outdated, manual processes to streamlined systems that turn procurement into a strategic advantage. And at the heart of this transformation is the purchase order management system. Submitting purchase order documents the old-fashioned way isnt just inefficient. Its risky. Without proper purchase controls, budgets spiral, supplier management suffers, and inventory levels become a guessing game.

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Supply Chains 2024: A year in pictures

Supply Chain Dive

The industry saw significant upheaval, with a major container vessel crash, natural disasters and port and rail shutdowns. Here are some memorable moments.

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Revolutionizing Service Procurement and Sourcing with AI and Automation

Procurement Freelancers

The procurement industry is not an exception at a time when technology is changing sectors… The post Revolutionizing Service Procurement and Sourcing with AI and Automation first appeared on Procurement Blog | Procurement & Supply Chain News.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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Finland Boards Tanker After Power and Data Cables Go Offline

Supply Chain Brain

12 European countries are demanding checks on proof of insurance from suspected shadow vessels as they pass through the Baltic Sea and the English Channel.

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Purchase Control Is A Nightmare To Solve – Here’s Why

Procurement Express

Purchase control is one of those things that feels small until its not. Its the foundation for managing company spend, keeping cash flow in check, and making sure your team doesnt spend three days tracking down a single lost receipt. And yet, for a lot of small businesses, its a total mess. Purchasing is about getting the right stuff at the right time from the right suppliers for a fair price without blowing up your budget or your supplier relationships.

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Air cargo market maturity helps avoid ‘peak of all peaks’ in November

Supply Chain Dive

Proactive capacity management contributed to a 12% YoY increase in the global air cargo spot rate since the start of peak season, compared to 25% in 2023.

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Best of 2024: Magnus Mondays — Navigating the Raw Essentials: A Primer on Direct Materials

CPO Rising

Editors Note: Over the next few weeks on CPO Rising, were publishing some best of 2024 articles as we reflect on the year and prepare for the new year ahead.… The post Best of 2024: Magnus Mondays Navigating the Raw Essentials: A Primer on Direct Materials appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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Boosting Profit Margins with Efficient Supplier Audit Practices

Procurement Freelancers

For businesses seeking guidance on supply chain optimization, supplier auditors play a crucial role in… The post Boosting Profit Margins with Efficient Supplier Audit Practices first appeared on Procurement Blog | Procurement & Supply Chain News.

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Discussing the AI Advantage in Modern TMS Solutions

Supply Chain Brain

The transportation management landscape is evolving rapidly, and artificial intelligence (AI) is leading the charge in transforming how businesses operate. From streamlining processes to improving decision-making and driving down costs, TMS solutions are revolutionizing supply chains worldwide, but what can AI bring to the table?

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In the Practitioner’s Words: A Practitioner-Provider Relationship Spanning Three Different Companies And Decades

Procurement Insights

Subject: Tony Callahan , VP National Purchasing, Shea Homes ProcureTech Provider: ProPurchaser Summary: ProcureTech Provider: ProPurchaser In the discussion meeting between Tony Callahan and Jon Hansen, Tony shared insights on his extensive experience with ProPurchaser, a platform he has utilized since 2001. He highlighted the tool’s evolution, including its expanded range of commodities, training modules, and improved visibility, contributing to its acceptance within his team.

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AI agents: what they are and how to use them

Pipefy

Artificial intelligence is shaping the future of businesses and redefining how tasks are executed. It provides solutions that not only optimize processes, but also revolutionize how complex tasks are handled. Among the most promising innovations are AI agents, autonomous tools capable of performing tasks intelligently and adaptively. For companies looking to increase efficiency, reduce costs, and prepare for the future, understanding and implementing AI agents is crucial.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Part Three: Expanding Procurement’s Influence — Connecting Strategy, Users, and Technology

CPO Rising

Did you miss Ardent Partners’ recent webinar,Cast a Wider Net: Leveraging Innovation to Expand Procurements Influence and Impact,that shed light on how procurement can deliver greater value by focusing on… The post Part Three: Expanding Procurement’s Influence Connecting Strategy, Users, and Technology appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Optimizing Shipping and Logistics in the E-commerce Era

Supply Chain Brain

Rising costs and labor shortages are making it harder than ever for retailers to meet customer expectations of on-time and affordable shipping.

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Red Sea Disruptions Cost Egypt $7B in Suez Revenues

Supply Chain Brain

The Suez Canal is a vital source of foreign exchange for the $380 billion Egyptian economy, whose currency slid to a record low in the past month.

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Chinese EV Makers Hit EU Wall as Tariffs Add to Import Costs

Supply Chain Brain

Manufacturers such as BYD and SAIC-owned MG accounted for 7.4% of EV registrations across Europe in November, down from 8.2% in October.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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Japan Air Resumes Ticket Sales After Overcoming Cyberattack

Supply Chain Brain

Systems have been restored without any leakage of customer data, and there is no virus damage, the company said.

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AI’s Role in Supplier Collaboration and Information Management

Supply Chain Brain

Artificial intelligence continues to revolutionize buyer-supplier collaboration and information management, offering transformative opportunities to optimize supply chains.

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Strikes Underway at Nine Amazon Facilities

Supply Chain Brain

The Teamsters say that they represent more than 10,000 Amazon workers combined across 10 U.S. warehouses and delivery stations.

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Panama President Refutes Trump’s Claim of Chinese Meddling in Canal

Supply Chain Brain

Tolls charged for naval ships crossing the canal are based on the amount of water used and the type of ship, Mulino said.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.