Thu.May 23, 2024

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Toyota debuts renewable energy system at Port of Long Beach

Supply Chain Dive

The resources generated by the new system will support Toyota Logistics Services’ vehicle-processing and distribution center at the port.

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A proactive supply chain risk posture is increasingly necessary — and finally possible

Spend Matters

This content does not express the views or opinions of Spend Matters. There has been a steady stream of supply chain crises in the news this spring, from shipping delays in the Middle East due to regional conflict to the halting of semiconductor production in Taiwan and the upending of imports and exports out of Baltimore. Each unexpected event serves as a reminder to stakeholders across the supply chain that disruption is inevitable — but it doesn’t have to be unpredictable.

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Trending Sources

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Under Armour plans layoffs, 25% SKU reduction

Supply Chain Dive

The retailer is looking to “sell much more of much fewer products" over the long term, founder Kevin Plank said.

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Enhance your data security posture with a no-code approach to application-level encryption

IBM Supply Chain Blog

Data is the lifeblood of every organization. As your organization’s data footprint expands across the clouds and between your own business lines to drive value, it is essential to secure data at all stages of the cloud adoption and throughout the data lifecycle. While there are different mechanisms available to encrypt data throughout its lifecycle ( in transit , at rest and in use ), application-level encryption (ALE) provides an additional layer of protection by encrypting data at its so

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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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1-800-Flowers.com offsets delivery rate hikes with logistics optimization

Supply Chain Dive

The gift provider's efforts include placing inventory closer to end customers as it looks to mitigate fuel surcharges and other fees.

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Inventory Fitness: Governance, Targets and Segmentation

Supply Chain Brain

Without an inventory governance program, working capital will not align with your business aspirations. Attack inventory directly with Oliver Wight in this fast-paced, concise webinar on Inventory Governance.

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Generative AI: Force Multiplier for Autonomous Supply Chain Management

The Network Effect

The post Generative AI: Force Multiplier for Autonomous Supply Chain Management appeared first on The Network Effect.

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BMW imported cars to the US using parts from banned supplier: Senate report

Supply Chain Dive

The automaker shipped at least 8,000 Mini Coopers that used components from a company based in China's Xinjiang region.

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Searching for the Limits of Employee Activism at Google

Art of Procurement

Searching for the Limits of Employee Activism at Google Over the last few weeks, we have watched as student protests. The post Searching for the Limits of Employee Activism at Google appeared first on Art of Procurement.

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Norfolk Southern Agrees to $310M Settlement for 2023 Train Derailment

Supply Chain Brain

Norfolk Southern has also paid out an additional $780 million for environmental response efforts since the derailment.

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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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The Future of Supplier Auditors in a Digital World

Procurement Freelancers

Now more than ever, the position of sourcing auditors plays a vital role in today’s… The post The Future of Supplier Auditors in a Digital World first appeared on Procurement Blog | Procurement & Supply Chain News.

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FAA Warns of 'Long Road' for Boeing as Deadline for Safety Plan Looms

Supply Chain Brain

The FAA flagged dozens of manufacturing issues for Boeing's 737 Max aircraft as part of an audit released in March.

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Lead Generation vs. Customer Acquisition: Their Key Differences

The Thomas Blog

Lead generation and customer acquisition, because they are so closely related, are sometimes referred to as the same thing, but they are very different. And even though they are interconnected, they serve distinct roles in the sales process. Lead generation focuses on attracting potential customers and gathering their information, setting the stage for initial engagement.

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Procurement 6 – May 24th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – May 24th, 2024 appeared first on Art of Procurement.

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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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Introduction to Supplier Consolidation

World of Procurement blog

Supplier consolidation refers to the strategy of reducing the total number of suppliers that a company deals with and instead focusing procurement spending on a select few preferred suppliers. It involves transitioning away from transacting with multiple vendors for the same or similar goods and services, to consolidating spend and building strategic partnerships with a smaller set of suppliers.

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FutureIT Boston: Pipefy leaders share insights for improving IT and LOB collabs to accelerate POC delivery

Pipefy

How can IT leaders help businesses build the right tech stack, foster inter-department collaboration, and speed up workflow deployment? This was one of the questions posed by Felipe Carvalho, Pipefy’s Chief of Revenue, during a fireside chat at FutureIT Boston 2024. The event, which took place on May 14, brought together IT leaders to discuss emerging technologies, AI, data, and more.

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Take control of business spending with spend management software

Fraxion

Take control of business spend with spend management software Managing purchasing and expenses for can be challenging, with issues such as misplaced receipts, manual approvals, and limited visibility and control. However, there is a solution: business spend management software.

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UNFI extends Whole Foods distribution deal into 2032

Supply Chain Dive

The companies’ previous agreement was set to end in September 2027.

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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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The Importance of Negotiation in Industrial Sales Training

Negotiations Ninja

In industrial sales, every deal is a complex interplay of needs, demands, and expectations. Here, negotiation stands as a cornerstone of success.

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Leading with authenticity: Becoming a procurement leader

Spotlight on Procurement

Rebecca Lonsdale, CPO at BP Castrol, discusses her career journey, from her first job in procurement at Nissan to her current role at Castrol. She also shares her stories about the impactful individuals and leaders she has worked with over the years, as well as her experience working in different countries and transitioning from direct to indirect procurement.

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Achilles Versus EcoVadis: Why You Need To Make It “Personal”

Procurement Insights

As you read today’s post, I want you to keep the following three things in mind: AI needs humans more than humans need AI Logos on maps and lists create more confusion than insights Business is and will always be “Personal” I was recently asked the following question: why did you choose Achilles for your Analyst Map over EcoVadis? It was a fair question.