Thu.Oct 24, 2024

article thumbnail

Top UPS shippers temper holiday volume forecasts

Supply Chain Dive

A condensed peak season is expected to increase in-store shopping activity, which could blunt home delivery demand.

Demand 125
article thumbnail

How Additive Manufacturing Is Reshaping U.S. Industries and Supply Chains

Supply Chain Brain

In recent years, reshoring has evolved from a strategic consideration to a central priority for both policymakers and businesses. A key element of the reshoring push is additive manufacturing.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Arkansas could be a lithium treasure trove

Supply Chain Dive

The state’s Smackover Formation region may contain up to 19 million tons of the critical mineral, more than enough to meet projected global demand in 2030.

Demand 123
article thumbnail

Spend Matters Future 5 2024 – Introducing COVALYZE

Spend Matters

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them. For the Future 5, Spend Matters analysts scour the market to find new specialist solution providers that can answer a burning need of procurement practitioners today.

e2e 110
article thumbnail

From Rigid To Resilient: Why Enterprises Need Shopify's Modular Commerce Now

Speaker: Benjamin Woll

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Shopify’s modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how Shopify’s composable approach helps modernize commerce stacks while maintaining control over critical systems.

article thumbnail

UPS’ Happy Returns taps into Geek+ sorting robotics

Supply Chain Dive

The provider’s Pennsylvania hub is seeing reduced processing times by leveraging 150 robots to help handle returns volume.

119
119
article thumbnail

U.S. STB Approves Transaction That Creates Rail Link Between Mexico, U.S. South

Supply Chain Brain

The acquisition by CSX and CPKC will create a new interchange in Alabama that will connect shippers in Mexico, Texas and the Southeast U.S.

105
105

More Trending

article thumbnail

Improving B2B Supply Chain Promising With a Microservices Approach

Supply Chain Brain

B2B buyers aren’t just thinking about cost. Like their B2C counterparts, they have customer-experience expectations and shipping requirements to consider.

article thumbnail

Spend Matters Future 5 2024: Why we chose COVALYZE

Spend Matters

Spend Matters is delighted to announce the 2024 roster for our ‘Future 5’ list. For the sixth year in a row, our analysts have highlighted five start-ups that excited them the most. This year, the five companies that have proven themselves as potential future trend setters are BlueBean , COVALYZE, Halo Ai , ivoflow and True ValueHub. To warrant such attention, these vendors must have a product that is ideally 2-to-5 years old, is used by more than five customers and displays an innovative applic

article thumbnail

Podcast | A Manufacturer Moves From China to Mexico. How’s That Going?

Supply Chain Brain

A contract manufacturer serving the automotive industry is riding the trend of shifting production from China to Mexico.

Contract 105
article thumbnail

The last 30 seconds of Kris Timmermans’ DPW presentation is shocking – but not in a good way

Procurement Insights

The following is a DPW post on LinkedIn : Why do some companies scale AI while others get stuck in the proof of concept stage? Accenture research reveals that 75% of executives fear their business won’t survive without scaling AI in the next 5 years. Yet, 76% are struggling to make it happen. At hashtag#DPWAmsterdam , Accenture’s Kris Timmermans highlighted 3 key factors that drive the shift from experimental to exponential AI impact.

Data 78
article thumbnail

GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

article thumbnail

DOE Awards $428M to Address 'Critical' Energy Supply Chain Needs

Supply Chain Brain

The projects selected are each focused on one of five areas: energy grid components, batteries, low-carbon materials, clean power generation, and energy-efficient products.

article thumbnail

Essential Guide to Supplier Collaboration

Jaggaer

Essential Guide to Supplier Collaboration Supplier collaboration is redefining success across industries. It’s no longer just about maintaining good relationships; it’s about turning those connections into engines of innovation, efficiency, and sustainability. Strong supplier partnerships drive new product development, unlock cost efficiencies, and ensure supply chains are adaptable to changing market conditions.

article thumbnail

NHTSA Opens Probe into Tesla 'Full Self-Driving' System

Supply Chain Brain

If the agency finds that the system poses enough of a safety risk, it could potentially order a full recall of all vehicles that use the software.

Risk 103
article thumbnail

Supplier Collaboration: Driving Innovation and Competitive Advantage

Jaggaer

Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization. The concept goes beyond traditional buyer-supplier relationships, focusing on creating value through closer, more integrated partnerships.

article thumbnail

5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

article thumbnail

EU Considers Tariff Hikes on More Russian Agricultural Goods

Supply Chain Brain

Several EU member states eager to limit Moscow’s revenues have been urging the bloc to impose sweeping levies on agricultural and fish imports from Russia.

Import 102
article thumbnail

The Art of Supplier Collaboration: Best Practices to Build Lasting Partnerships

Jaggaer

The Art of Supplier Collaboration: Best Practices to Build Lasting Partnerships Dynamic market changes and global events seem to create newer demands and greater pressure on procurement professionals. Their responsibilities focus on going beyond cost reduction and achieving broader business goals such as growth, innovation, and customer satisfaction.

article thumbnail

Dali’s Owners Agree to Pay U.S. $100M for Bridge Crash

Supply Chain Brain

The settlement does not include any damages for the reconstruction of the Francis Scott Key Bridge.

98
article thumbnail

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily.

article thumbnail

GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

article thumbnail

Unlock $20M Savings with Superior Efficiency: Robotic Sortation vs. Traditional Unit Sorters

Supply Chain Brain

If you’re considering replacing an end-of-life unit sorter or investing in a costly new one, and want to hear how you could save $20M+ join this webinar first. Discover how Berkshire Grey’s Robotic Sortation system addresses the issues that each aging unit sorter brings to your operations.

69
article thumbnail

Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logist

article thumbnail

The SaaS Market and IT Procurement: A $350 Billion Opportunity or a Continued Shoving Around the Executive Table?

The Good Spending

S SaaS is booming—but at what cost? The market is set to skyrocket, potentially reaching $1 trillion by the early 2030s—up from the current $240-$320 billion range. But this explosive growth hides a disturbing flipside. 2. The hidden cost: unused licenses and soaring spend. Nearly 50% of SaaS licenses go unused, while companies add an average of six new apps each month, building on an already bloated base of 269 apps.

article thumbnail

Procurement Analytics: Key Methods, Tools & Use Cases for Data Savvy Procurement Professionals

Art of Procurement

As a modern day procurement professional, you need to have strong analytical skills and the ability to make data-informed decisions. The post Procurement Analytics: Key Methods, Tools & Use Cases for Data Savvy Procurement Professionals appeared first on Art of Procurement.

Data 52
article thumbnail

10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

article thumbnail

Understanding Procurement’s Error Chain And It’s Impact On ProcureTech Implementation Success

Procurement Insights

EDITOR’S NOTE: Use the following link to join the in-depth discussion stream on LinkedIn. Michael Lamoureux , you make an excellent point for which there are two discussion tracks: 1. See my comment above regarding the two sets of questions I asked ChatGPT. 2. Check Akash Mittal ‘s comments in this same discussion stream. Your and his answer brings to mind the aviation term “Error Chain.” Check out the following video both before and after reading the following two key po

article thumbnail

Understanding Chinese Business Culture Through Personal Experiences

Procurement Express

Chinese business culture is a complex tapestry woven from rich traditions, modern practices, and unique interpersonal dynamics. This blog delves into various aspects of this culture, drawing insights from personal experiences and observations. From the importance of relationships to the nuances of communication, the following sections offer a comprehensive understanding of what makes doing business in China distinct.

article thumbnail

Is It Time For ProcureTech To Start Its Own “Dynasty” Reality League?

Procurement Insights

A dynasty fantasy football league is a type of fantasy football format where team owners keep the majority or all of their players from year to year, rather than starting fresh with a new draft each season (as in traditional “redraft” leagues). The focus in a dynasty league is on building a long-term team, similar to how real NFL teams manage their rosters over multiple seasons. – Source (ChatGPT) Have you ever noticed how unwieldy most ProcureTech solution maps are becoming?

article thumbnail

Balancing Power and Purpose for Profit

Procurement Express

In today’s competitive business landscape, the need to balance power and purpose has become paramount. Organizations must navigate the complex interplay between profitability and meaningful impact. This blog explores the essential elements of leadership, profitability, and how a purpose-driven approach can lead to sustainable success. The Role of Leadership in Business Leadership is more than just making decisions; it’s about creating an environment where everyone can thrive.

article thumbnail

The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

article thumbnail

9 Steps to Improving Supplier Collaboration for Competitive Advantage

Jaggaer

9 Steps to Improving Supplier Collaboration for Competitive Advantage The strategic value of suppliers has been growing, and so has the need to rely on their performance and partnership. Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. Making key suppliers more like business partners than cost-reduction entities.

article thumbnail

Positive Purchasing Partners With Mithra-Ai

Positive Purchasing

We’re Excited to Announce Our Partnership with Mithra-Ai! At Positive Purchasing, we recognize that data foundation is a problem for procurement. Category owners and leaders often struggle to get clear visibility into what’s happening across the organization. That’s why we’re thrilled to partner with Mithra-Ai to help close the data gap! Mithra-Ai specializes in offering a trusted data foundation to help organizations analyze, assess and execute category strategies they are responsible for.

article thumbnail

Maximizing Cost Savings Through Strategic Supplier Collaboration

Jaggaer

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. The emphasis has shifted toward strategic partnerships, with a key focus on reducing costs while fostering long-term supplier collaboration.

article thumbnail

Will a Gartner representative delete another one of my comments in which I ask a fair question?

Procurement Insights

The following is the link to Gartner’s recent LinkedIn post to which I posed the following fair and well-researched question/comment: Here is the comment I made on the Globality, Inc. post that shared the above, specifically referencing Point #1 regarding Agentic AI: What is the difference between Agentic AI and Agent-based modeling? By doubling down on technology, is Gartner leading us astray?

Import 52
article thumbnail

Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.