Wed.Sep 11, 2024

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USPS ending delivery unit discounts for shipping partners

Supply Chain Dive

The agency has reached several new agreements with consolidators that align with its long-term transformation plan, despite concerns of service impacts.

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Securing Tomorrow’s Supply Chain Today: Three Considerations For Strategic Carrier Partnerships

Supply Chain Brain

Investing in strategic carrier relationships now will yield long-term benefits when the market tightens, and carriers face capacity constraints

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MSC, Zim agree to collaborate on transpacific lanes

Supply Chain Dive

The shipping lines’ deal to swap slots and share vessels will start in 2025 and last for three years.

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U.K. Imposes Fresh Sanctions on Russia Shadow Fleet Ships

Supply Chain Brain

The ships targeted are all described as “high-volume offenders” — vessels operating around the clock to transport as much Russian oil as possible.

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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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Balancing AI tools with human talent remains challenging for most companies, report says

Supply Chain Dive

Businesses are investing in AI-enhanced HR systems, as well as upskilling employees on AI-related subjects, according to CompTIA.

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Trafigura Sees ‘Confusion’ Over Aviation Emissions Scheme

Supply Chain Brain

Aviation is one of the heaviest-emitting industries, and among the most difficult to decarbonize.

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More Trending

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Improving Cost Absorption in Private Fleet Transportation

Supply Chain Brain

Beating inflation by leveraging supply chain costs as a competitive advantage.

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Navigating Supply Chain Attacks: A Cyber Security Guide for Procurement

NLPA (Next Level Purchasing Association)

With AI’s lightning-speed evolution, supply chain attacks are expected to become even more sophisticated and harder to detect, putting procurement and logistics professionals on high alert. These attacks will target vulnerabilities within supplier networks, compromising software, hardware, and third-party vendors. Understanding and mitigating these risks are essential to maintaining the integrity and resilience of supply chains.

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Procurement didn’t start the fire, Gartner did?

Procurement Insights

Ryan Backman Senior Account Executive @ Gartner | Problem Solver | Quote EnthusiastSenior Account Executive Book an appointment • 12 hours ago Gartner predicts that by 2027, 60% of organizations will fail to realize the expected value of their AI use cases due to incohesive ethical governance frameworks. Learn how proactive CDAOs are prioritizing AI-ready data governance.

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Procurement News — September 11, 2024

CPO Rising

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with… The post Procurement News — September 11, 2024 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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Would you invest your life savings into a venture in which there was an 80% chance you would lose all your money?

Procurement Insights

Here is a thought-provoking, in some ways mind-bending discussion regarding the following excerpt from a terrific post by Jason Busch – “Earlier this afternoon, Paylocity announced it was acquiring Airbase for $325MM (TechCrunch suggests the deal valued the company at closer to $400MM based on cash on the balance sheet).” You must read through the entire raw and unedited discussion stream because within its dialogue is the explanation regarding what will happen in 2025, e.g., t

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How To Hack AI To Improve Your Contract Management

ContractSafe

Artificial intelligence (AI) is in the process of completely transforming how the world works. And contract management isn’t exempt from this transformation.

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Returns Fraud Estimated to Cost E-Retailers Billions

Supply Chain Brain

E-tailers have struggled to keep up with a flood of returns, and have often loosened rules for consumers making them.

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Trump, Harris spar over manufacturing, trade and tariffs

Supply Chain Dive

In Tuesday’s presidential debate, the candidates offered vastly different strategies for how to grow the economy and compete with China on clean vehicles and advanced technology.

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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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Air Canada Pilots Get More Political Support as Strike Looms

Supply Chain Brain

A stoppage would also halt the airline’s cargo operations, which carry commercial goods, perishable items and components for manufacturers.

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