Thu.Apr 18, 2024

article thumbnail

How AI Transforms Trade Classification and Compliance

Supply Chain Brain

The trading world is a perfect candidate for artificial intelligence-based tools and capabilities, to enhance the quality and productivity of classification and compliance.

Quality 138
article thumbnail

Food companies aren’t ready to comply with traceability rule, says former FDA official

Supply Chain Dive

Through the new rule, the agency wants to access “receiving records” from supply chain players that verify foods have been received.

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Scope 3 Emissions Reporting: Under the Spotlight for All Businesses

Supply Chain Brain

Emissions reduction isn't only a business imperative — it's an environmental necessity. Scope 3 reporting motivates the business world to generate impactful change.

111
111
article thumbnail

Playing the “China Card” in U.S. Ports

Art of Procurement

When I think about global trade, I think about massive container ships, trains and trucks waiting to take containers to. The post Playing the “China Card” in U.S. Ports appeared first on Art of Procurement.

article thumbnail

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.

article thumbnail

Watch: Community, Cohort, Connection: What's Needed in Supply Chain Marketing

Supply Chain Brain

A preview of the second annual Global Supply Chain Marketing Summit, to be held June 5-7, 2024 at the Ritz-Carlton on Amelia Island, Florida, with original cohort member Lisa Beck, director of marketing and business development with Ortec.

article thumbnail

Getting ready for artificial general intelligence with examples

IBM Supply Chain Blog

Imagine a world where machines aren’t confined to pre-programmed tasks but operate with human-like autonomy and competence. A world where computer minds pilot self-driving cars, delve into complex scientific research, provide personalized customer service and even explore the unknown. This is the potential of artificial general intelligence (AGI), a hypothetical technology that may be poised to revolutionize nearly every aspect of human life and work.

Data 89

More Trending

article thumbnail

Why embracing vertical and horizontal integration matters for supply chains

Supply Chain Dive

Companies can achieve a delicate balance between control and flexibility by combining the two strategies, helping them adapt to market shifts.

article thumbnail

Procurement 6 – April 19th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – April 19th, 2024 appeared first on Art of Procurement.

article thumbnail

Ford, GM, Honda collaborate on standardized Scope 3 emissions reporting

Supply Chain Dive

A new supplier questionnaire can streamline how suppliers report on climate goals and consumption.

article thumbnail

Geely to Sell $1.32 Billion of Volvo Truck Shares

Supply Chain Brain

Geely said the divestment is “in accordance with its long-term strategy” and that it will remain Volvo’s second-largest investor.

article thumbnail

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.

article thumbnail

Federal FLOW program welcomes more members

Supply Chain Dive

ITS Logistics and RoadEx America joined the Department of Transportation initiative to better share data across supply chains.

article thumbnail

Probable Root Cause: Accelerating incident remediation with causal AI 

IBM Supply Chain Blog

It has been proven time and time again that a business application’s outages are very costly. The estimated cost of an average downtime can run USD 50,000 to 500,000 per hour , and more as businesses are actively moving to digitization. The complexity of applications is growing as well, so Site Reliability Engineers (SREs) require hours—and sometimes days—to identify and resolve problems.

Data 58
article thumbnail

Replenishment Strategies for FBA: Avoid Amazon’s Low Inventory Fees

Finale Inventory

Selling on Amazon is a whole new world beyond selling on your webstore. There’s a lot involved in sustaining continuous sales on Amazon beyond just having products listed on the world’s largest marketplace. To set your Amazon business up for success, one of the main areas to focus on is inventory: the flow, the costs, the timing of it all.

article thumbnail

Boeing Sharply Criticized at Two Senate Committee Hearings

Supply Chain Brain

One witness said there was a disconnect between Boeing management's words about safety and what workers observe on the factory floor.

article thumbnail

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

article thumbnail

Abby Baird on Supply Chain as a Force for Positive Change

Let's Talk Supply Chain

2024 is flying—Q2 is here. It’s been a wild ride already, navigating continued inflation and escalating geopolitical tensions while keeping track of the latest global partnerships and mergers rocking market dynamics. Sound familiar? The global economy has been through a battery of shocks since we’ve made it to the other side of the Covid pandemic. The continuing conflict in Gaza with dire humanitarian implications is an ongoing supply chain disruptor and rising economic threat.

article thumbnail

Alaska Air Profit Forecast Signals Rebound From Max Woes

Supply Chain Brain

Alaska shares gained 5% in New York after earlier rising as much as 7.1%, the most in more than two years.

59
article thumbnail

Bellwether Logistics Company J.B. Hunt Sees Dip in Profit, Revenue in Q1 2024

Supply Chain Brain

The company posted a $127.5 million profit in the opening months of the year, down from nearly $200 million in Q1 of 2023.