Wed.Jul 24, 2024

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How ML & AI Could Revolutionize Supply Chain Management and Boost Efficiency

Supply Chain Brain

AI & ML technology integrations provide broad advantages for supply chain management.

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DOT Secretary Buttigieg notes sweeping role of federal aid on supply chains

Supply Chain Dive

“Our supply chains are stronger, are more resilient, than they were three-and-a-half years ago,” he said during a keynote address Wednesday.

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Cargo Ship Arrives at Zeebrugge With Infestation of Wolf Spiders

Supply Chain Brain

The Glovis Sun — carrying a couple thousand cars as its cargo — had recently traveled around Southern Africa, before arriving at the Port of Zeebrugge on July 18.

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HMM, ONE to launch Asia-Mexico ocean shipping connection

Supply Chain Dive

The port rotation will start in China and make a stop in South Korea before heading to Latin America.

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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.

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Western Sanctions, Houthi Attacks Boost Appeal of Russia’s Arctic Sea Route

Supply Chain Brain

Last year, the waterway saw a record 36 million tons of cargo pass through, of which more than half was super-chilled liquefied natural gas.

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Hasbro names new chief supply chain officer

Supply Chain Dive

Stephanie Beal aims to refine processes to drive efficiency as the toy manufacturer implements a multi-year turnaround plan.

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SpartanNash to close Maryland distribution center

Supply Chain Dive

The grocery wholesaler and retailer is shuttering a facility in Landover, resulting in 141 layoffs.

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FedEx Trials EV Tractor to Move Shipments Between U.K. Delivery Hubs

Supply Chain Brain

FedEx will be using Mercedes-Benz Trucks' eActros 300 tractor for linehaul operations at the company's Parkhouse station in Stoke on Trent.

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Strategic IT Cost Optimization: 10 Key Techniques To Increase Business Value

Pipefy

What is IT cost optimization? Fluctuating markets and talent shortages are compelling IT leaders across industries worldwide to seek new ways to revamp and improve spending. Resources must be allocated not only to approved business needs but for the support of organizational goals, as well. To say this is no small feat is an understatement; it involves businesses changing decades of spending patterns to embrace a new philosophy: cost optimization.

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How Logistics Managers Should Approach Fleet Decarbonization

Supply Chain Brain

Mounting regulatory demands, customer expectations, and corporate sustainability targets have combined to create a swirling vortex in which fleet managers are under pressure to decarbonize their vehicles,

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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.

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Everything You Need to Know About Intelligent Automation 

Pipefy

Intelligent automation (IA) refers to the combination of various technologies to automate repetitive tasks, generally for the purpose of reducing human effort and minimizing manual errors. Such a system learns from accumulated data, thus increasing its efficiency over time. IA applications include pattern analysis, data assembly, and classification, which have use cases in a variety of industries.

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RFID vs. Barcodes: A Comprehensive Comparison for Inventory Management with Finale Inventory

Finale Inventory

Inventory management is a key aspect of any business, and with the growing popularity of ecommerce, ensuring accuracy and efficiency is increasingly important. Two commonly used methods for inventory management are RFID and barcodes. This article will examine these two technologies and compare their features, advantages, and costs to help you make an informed decision for your business.

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Workflow Integration: Definition, Effective Strategies and Business Examples

Pipefy

According to Deloitte , 44% of companies that use at least 11 automations in a business process management capacity are implementing end-to-end automation. As hyper-automation grows increasingly popular, the challenge of effective workflow integration will also gain relevance among IT teams in the upcoming years. Organizations that don’t promptly fight process fragmentation may find themselves swallowed up by the competitive business landscape.

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Top Inventory Control Models: A Comprehensive Guide by Finale Inventory | Ecommerce

Finale Inventory

Inventory control plays a significant role in running a successful ecommerce business. Properly managing inventory ensures you have the right products available at the right time, minimizes stockouts, and reduces holding costs. This guide will walk you through the top inventory control models, their essential components, and how to select and implement the best model for your business.

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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

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Can AI Process Optimization Improve Your Business Processes?

Pipefy

Nearly half of respondents to a 2023 Salesforce study reported that they have used generative AI; over one-third use it daily. Artificial intelligence (AI) has touched virtually all aspects of modern business, from big data analytics to generated content. Few businesses make full use of AI technology, however. AI-powered tools can take organizations to new heights of productivity by optimizing their processes, which is why many businesses are using them to increase their bottom line.

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Best Inventory Management Techniques for Efficiency and Organization | Ecommerce

Finale Inventory

In the fast-paced realm of ecommerce, efficient inventory management is vital for running a successful online business. Without proper techniques, inventory can quickly become chaotic, leading to lost sales, frustrated customers, and unnecessary costs. This article outlines top inventory management techniques that ecommerce businesses can use to enhance efficiency and organization.

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Change Management: Real-World Strategies and Examples 

Pipefy

Change management techniques provide resiliency and keep team members on the same page, which is especially useful as organizations face changing business or industry conditions. Ensuring that a change management implementation is successful can be a challenging process, but learning lessons from others makes it easier. The following real-world examples show how businesses have managed major changes within their organizations.

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Strategic Ways to Liquidate Excess Inventory with Finale Inventory | Ecommerce

Finale Inventory

Excess inventory can be a significant challenge for ecommerce businesses. It ties up valuable capital and occupies precious warehouse space. To minimize losses and optimize your operations, it’s important to have effective strategies in place to liquidate excess inventory. Finale Inventory is a tool that can greatly assist in this process, offering a robust inventory management system tailored for ecommerce businesses.

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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.

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Become An Expert Negotiator in 1-Minute

Procurement Insights

The following was inspired by David Bateman’s share of a Dr. Marcell Vollmer post on LinkedIn.

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Effective Inventory Counting Methods: A Comprehensive Guide by Finale Inventory | Ecommerce

Finale Inventory

In the competitive field of ecommerce, effective inventory management is key to your business’s success. Accurate inventory counts are vital for daily operations and contribute significantly to long-term growth and profitability. This guide will cover various inventory counting methods, address challenges in ecommerce, highlight the role of technology, and offer best practices for efficient inventory counting.

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Procurement News — July 24, 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 your news story here.

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Effective Inventory Formulas and Ratios to Enhance Your Business with Finale Inventory | Ecommerce

Finale Inventory

In ecommerce, effective inventory management is vital to your business’s success. It ensures that you have the right products in the right quantities at the right time. By applying the appropriate inventory formulas and ratios, you can streamline operations, reduce costs, and increase profitability. This article highlights the significance of inventory management in ecommerce and examines the inventory formulas and ratios that can enhance your business with Finale Inventory.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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How a Canada railroad workers’ strike could affect supply chains

Supply Chain Dive

Logistics managers have been making contingency plans since at least May, when the threat of disruption escalated.