Retail and apparel groups call for secured travel on the Red Sea
Supply Chain Dive
FEBRUARY 14, 2024
The trade organizations cited rising rates, delays and at least $80 billion in cargo that has been diverted around the region amid attacks.
Wed.Feb 14, 2024
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The Role of Customized Packaging and Labeling in Building Brand Identity for Your Retail Business
All Things Supply Chain
FEBRUARY 14, 2024
Marketing is the art of the four “Ps”: Product, promotion, pricing, and placing. Another overlooked “P” falls under the umbrella of “Product”: Packaging.
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Dollar Tree COO takes on supply chain oversight
Supply Chain Dive
FEBRUARY 14, 2024
Mike Creedon “will have full end-to-end accountability for delivering a best-in-class store experience for our customers," the discount retailer's CEO said.
APAC Air Freight Market Subdued, Shipping Continues to Struggle, Report Says
Supply Chain Brain
FEBRUARY 14, 2024
Dimerco said that ocean shippers in the APAC region should anticipate rates to increase for vessels going to the U.S. and Europe.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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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.
Radiant Logistics opens new San Antonio location
Supply Chain Dive
FEBRUARY 14, 2024
The operation's services include U.S.-Mexico freight forwarding as logistics providers capitalize on nearshoring activity.
Pactum: Vendor Analysis Update — Autonomous negotiation solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
FEBRUARY 14, 2024
This Spend Matters Vendor Analysis Update provides an overview of Pactum and its solution for long-tail negotiations. Once a Spend Matters Future 5, Pactum has continued to grow in recent years to make negotiation autonomous for large organizations. It focuses on reaching win-win deals autonomously via its AI system that, without procurement involvement, can negotiate with human supply-side representatives.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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NRF, Hackett Associates Raise Retail Import Growth Forecast
SCMR (Supply Chain Management Review)
FEBRUARY 14, 2024
Retailers have generally navigated around the Red Sea cargo disruptions, but trade groups said costs will begin to rise even as they project a growth in imports.
HanesBrands to layoff nearly 160 employees in North Carolina distribution center
Supply Chain Dive
FEBRUARY 14, 2024
The apparel company plans to repurpose the facility as it streamlines operations.
Forbes: The Devil’s in the Details, Part 2
Arkestro
FEBRUARY 14, 2024
Let’s explore the process of attribution mapping and how procurement teams can best take advantage of this approach.
Oracle Unveils New Supply Chain Logistics Tools
Supply Chain Brain
FEBRUARY 14, 2024
The company said that these updates to Oracle Transportation Management and Oracle Global Trade Management will help customers increase visibility, reduce costs and automate regulatory compliances.
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?
Procurement Strategy: Optimizing Your Path to Success
NLPA (Next Level Purchasing Association)
FEBRUARY 14, 2024
In today’s competitive landscape, getting the best price isn’t enough. A well-defined procurement strategy is the key to optimizing your procurement process. This strategy builds strategic partnerships, mitigates risks, and ensures a smooth flow of goods and services. This blog post dives deep into procurement strategy, explores implementation methods, and equips you to craft a plan for success Defining Procurement Strategy Procurement strategy goes beyond just buying things.
6 Best Practices for Contract Change Management
ContractSafe
FEBRUARY 14, 2024
In business, change is the only thing you can count on. And it's especially true in contract management. Contracts change, and managing those changes is how your business stays ahead.
Five Ways That Returns Fraud Is Costing Retailers Money
Supply Chain Brain
FEBRUARY 14, 2024
Retail return fraud has grown rampant in recent years, stealing retailers’ hard-earned profits, damaging brands’ reputations, and burdening honest consumers with higher prices.
How Does Supply Chain Impact Marketing & Sales?
SCMDOJO
FEBRUARY 14, 2024
At first, looking at this title, you might think – ha? How is marketing connected to my supply chain? But the truth is that more than you think. The supply chain of your business has many components. And marketing might be one of the most essential ones if you want to create a sustainable and successful company in the long run. That’s why you need to understand the relationship between supply chain and marketing and align them if you hope to maintain a competitive edge in the fast-paced world.
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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.
Energy Chief: U.S. ‘Very Concerned’ About China’s Dominance of Critical Minerals
Supply Chain Brain
FEBRUARY 14, 2024
Energy Secretary Jennifer Granholm said that the U.S. is currently updating its laws, including a 150-year-old mining regulation, to ensure the “sustainable and efficient” extraction of critical minerals.
Technology Round-Up — February 14, 2024
CPO Rising
FEBRUARY 14, 2024
CPO Rising’s Technology Round-Up Series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.
FTC Examining Shortages of Cancer Treatments and Other Drugs
Supply Chain Brain
FEBRUARY 14, 2024
The federal government asked about shortages of generic drugs and whether groups that purchase quantities in bulk are contributing to the problem.
The future of renewable energy
IBM Supply Chain Blog
FEBRUARY 14, 2024
Renewable energy is energy produced from Earth’s natural resources, those that can be replenished faster than they are consumed. Common examples include solar power, hydropower and wind power. Shifting to these renewable energy sources is key to the fight against climate change. Today, a variety of incentives and subsidies help make it easier for companies to lean on renewable resources as a stable source of power to help alleviate the climate crisis.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
Advertiser: GEP
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.
Academic-Industry Partnerships Offer Much-Needed Broadening of Supply Chain Perspective
Supply Chain Brain
FEBRUARY 14, 2024
Getting a thoroughly broad view of supply chain operations gives a supply chain professional a career boost because it makes him or her more useful to the company.
The Role Of Technology In Modern Purchasing Agent Practices
Procurement Freelancers
FEBRUARY 14, 2024
As technology evolves, the job of sourcing agents also becomes more precise and effective.
Rideshare, App-Based Delivery Drivers Striking in the U.K. and the U.S.
Supply Chain Brain
FEBRUARY 14, 2024
Uber and Lyft drivers are holding daylong strikes in Chicago, Philadelphia, Pittsburgh, Miami, Orlando, Austin, Newark and several other cities.
How to Choose the Right Procurement Service and Dashboard Tool for Your Business?
Empowering CPO
FEBRUARY 14, 2024
Introduction In the ever-evolving realm of modern business, where procurement plays a pivotal role in shaping success, the choice of the right procurement service and dashboard tool is more crucial than ever. EmpoweringCPO, a distinguished procurement service and consulting company, stands out as a guiding force for organizations looking to optimize their procurement processes.
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
Accenture Agrees to Acquisition of Insight Sourcing
Supply Chain Brain
FEBRUARY 14, 2024
Accenture will absorb roughly 220 consultants from Insight Sourcing and gain access to the company's portfolio of more than 40 technology procurement tools.
The future of renewable energy
IBM Supply Chain Blog
FEBRUARY 14, 2024
Renewable energy is energy produced from Earth’s natural resources, those that can be replenished faster than they are consumed. Common examples include solar power, hydropower and wind power. Shifting to these renewable energy sources is key to the fight against climate change. Today, a variety of incentives and subsidies help make it easier for companies to lean on renewable resources as a stable source of power to help alleviate the climate crisis.
DHL Investing $200M in U.S. Life Sciences and Healthcare Expansion
Supply Chain Brain
FEBRUARY 14, 2024
DHL plans on opening five more warehouse facilities in the U.S. by the end of 2024 to meet its customers' life sciences and healthcare needs.
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