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

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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Retail and apparel groups call for secured travel on the Red Sea

Supply Chain Dive

The trade organizations cited rising rates, delays and at least $80 billion in cargo that has been diverted around the region amid attacks.

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Pactum: Vendor Analysis Update — Autonomous negotiation solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

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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Dollar Tree COO takes on supply chain oversight

Supply Chain Dive

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.

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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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APAC Air Freight Market Subdued, Shipping Continues to Struggle, Report Says

Supply Chain Brain

Dimerco said that ocean shippers in the APAC region should anticipate rates to increase for vessels going to the U.S. and Europe.

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The most valuable AI use cases for business

IBM Supply Chain Blog

When thinking of artificial intelligence (AI) use cases, the question might be asked: What won’t AI be able to do? The easy answer is mostly manual labor, although the day might come when much of what is now manual labor will be accomplished by robotic devices controlled by AI. But right now, pure AI can be programmed for many tasks that require thought and intelligence , as long as that intelligence can be gathered digitally and used to train an AI system.

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Radiant Logistics opens new San Antonio location

Supply Chain Dive

The operation's services include U.S.-Mexico freight forwarding as logistics providers capitalize on nearshoring activity.

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Winning the S&OP Battle

SCMR (Supply Chain Management Review)

n this special digital issue, we share stories from companies that have done that, and present advice from leading practitioners on how to accomplish that through innovative design and optimization of the supply chain.

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How To Choose the Right Routing Method for Your Business

Supply Chain Brain

Routing has always been complicated, but never more so than it is today. This report compares six different routing methods so that you can evaluate each based on your priorities.

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Procurement 2024: Supercharged for Success

SCMR (Supply Chain Management Review)

In our Procurement 2024 Special Digital Issue, we offer a combination of viewpoints and case studies that show managing procurement through disruption is not only possible, it is being done today.

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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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Boom or Bust: E-Commerce Post-Holiday Shopper Results Revealed

Supply Chain Brain

Many online and omnichannel retailers, as well as industry pundits, thought the 2023 holiday season would be hampered by inflation-induced price increases, supply chain challenges, geopolitical issues and general economic uncertainty — but the data tells a different story.

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Certify Your Success

SCMR (Supply Chain Management Review)

In this Special Digital Edition of Supply Chain Management Review, we look at the current state of executive education with some of our best content on the topic, including a listing of the most common certification programs available today.

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5 Expert Risk Management Strategies: A 2024 Guide for Supply Chain Managers

Supply Chain Brain

How do supply chain risk managers balance cost and finite resources against growing risk loads? Expert Risk Management Strategies give you insights into the tactics and tools used by industry experts to manage and minimize exposure to cost of disruption.

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Procurement Strategy: Optimizing Your Path to Success

NLPA (Next Level Purchasing Association)

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.

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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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Oracle Unveils New Supply Chain Logistics Tools

Supply Chain Brain

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.

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6 Best Practices for Contract Change Management

ContractSafe

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.

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Five Ways That Returns Fraud Is Costing Retailers Money

Supply Chain Brain

Retail return fraud has grown rampant in recent years, stealing retailers’ hard-earned profits, damaging brands’ reputations, and burdening honest consumers with higher prices.

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How Does Supply Chain Impact Marketing & Sales?

SCMDOJO

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.

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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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How AI Can Deliver a Better 3PL Customer Service Experience

Supply Chain Brain

Third-party logistics (3PL) organizations are facing a more challenging operating environment. The sheer number of orders is increasing rapidly — and more of them consist of small quantities that threaten to overwhelm information processing systems.

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Technology Round-Up — February 14, 2024

CPO Rising

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.

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Energy Chief: U.S. ‘Very Concerned’ About China’s Dominance of Critical Minerals

Supply Chain Brain

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.

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The future of renewable energy

IBM Supply Chain Blog

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.

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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.

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Academic-Industry Partnerships Offer Much-Needed Broadening of Supply Chain Perspective

Supply Chain Brain

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.

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Forbes: The Devil’s in the Details, Part 2

Arkestro

Let’s explore the process of attribution mapping and how procurement teams can best take advantage of this approach.

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How Are You Meeting Rising 3PL Demand?

Supply Chain Brain

Businesses of all sizes are turning to third-party logistics (3PL) providers to manage everything from their warehouse operations to their global supply chains.

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How to Choose the Right Procurement Service and Dashboard Tool for Your Business?

Empowering CPO

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.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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Accenture Agrees to Acquisition of Insight Sourcing

Supply Chain Brain

Accenture will absorb roughly 220 consultants from Insight Sourcing and gain access to the company's portfolio of more than 40 technology procurement tools.

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The future of renewable energy

IBM Supply Chain Blog

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.

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FTC Examining Shortages of Cancer Treatments and Other Drugs

Supply Chain Brain

The federal government asked about shortages of generic drugs and whether groups that purchase quantities in bulk are contributing to the problem.

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The Role Of Technology In Modern Purchasing Agent Practices

Procurement Freelancers

As technology evolves, the job of sourcing agents also becomes more precise and effective.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro