Wed.Jun 12, 2024

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FedEx layoffs: Cost cuts target up to 2,000 Europe jobs

Supply Chain Dive

The company aims to slash back-office and commercial roles and consolidate certain activities in the region.

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Peak Shipping Season Arrives Early at U.S. Ports

Supply Chain Brain

The National Retail Federation projects more than 2.1 million TEUs in imports to the U.S. in each of June, June and August.

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Trending Sources

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Rockwell Automation taps Nvidia to bring AI to its bots

Supply Chain Dive

The automation company will use the chipmaker’s software in its Otto autonomous mobile robots meant for manufacturing facilities.

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How Blockchain Solutions Can Help Manage Complex Supply Chain Contracts

Supply Chain Brain

As contract parameters continue to change, enterprises are looking to blockchain technology to rebuild a needed layer of trust.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

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.

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CPKC’s next distribution center to aid automotive growth

Supply Chain Dive

The railroad expects the 30-acre facility will help it move finished vehicles more efficiently.

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Five Key Challenges Facing U.S. Manufacturing

Supply Chain Brain

While reshoring manufacturing back to the U.S. can bring a host of benefits, it doesn’t come without significant hurdles.

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More Trending

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Carriers Divert Sailings Amid Growing Threat of Canada Rail Strike

Supply Chain Brain

Canada's rail union says it will conduct a new strike vote between June 14-29, promising a "quick process.

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The Food Institute: Gone ’til September – Huy Fong’s Sriracha is Orange and in Short Supply

Arkestro

The post The Food Institute: Gone ’til September – Huy Fong’s Sriracha is Orange and in Short Supply appeared first on Arkestro.

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Port of Baltimore Ramps Back Up as Channel is Restored to Full Capacity

Supply Chain Brain

Dwell times at the port have since stabilized across the board, having returned to their pre-closure levels with full capacity now restored to the port.

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Coca-Cola’s Real Features, Functions, and Benefits Concerns

Procurement Insights

How about a solutions map of practitioners? In yesterday’s post , Finally, A Solution Provider Gets the Big Picture, And It Isn’t AI, I talked about sending Target’s “ business case overview over the weekend to select solution providers. ” The business case to which I am referring is the top five “business” challenges the retailer faces in 2024.

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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?

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Carriers Divert Sailings as Threat of Canada Rail Strike Grows

Supply Chain Brain

Canada's rail union says it will conduct a new strike vote between June 14-29, promising a "quick process.

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11 Most Popular IT Frameworks You Need to Know About

Pipefy

IT management has become increasingly complicated in recent years, especially as it applies to the delivery of IT services. This challenge is largely due to the wide availability of competing technologies, as sharing them can cause IT departments to become overwhelmed and disorganized. However, data’s increasing value in today’s organizations leaves little room for IT errors – sensitive data can fall into the wrong hands or compound existing process inefficiencies until those processes fai

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EV Leader Norway Won’t Follow EU on Chinese Electric Car Tariffs

Supply Chain Brain

Norway has the highest density of electric vehicles in the world, with more than 12% of EVs imported into the country coming from Chinese brands.

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Business Process Documentation: Benefits & How to Get Started

Pipefy

The best method for making tasks easier and faster is by structuring and standardizing processes. Fortunately, the workflows we use to complete many daily tasks seem to fall into place. However, business processes can be more complex. When multiple people, business lines, and software systems intertwine, process management may require critical thinking on the part of several people to unravel the task and develop the definitive steps to complete it.

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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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Watch: The Evolution of the Supply Chain Control Tower

Supply Chain Brain

Mike Jarrett, chief executive officer and president of Jarrett Logistics, talks about the scope and purpose of the modern-day supply chain control tower.

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2024 Business Process Automation Trends 

Pipefy

The need for process automation has never been more urgent. Gartner predicts that the market for business process automation tools will increase by 38% in the next three years, up from $2.6B in 2022 to $3.6B in 2027. More business teams than ever rely on automation to reduce errors and improve efficiency, and the varieties and types of workflows they’re automating continue to diversify.

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The Evolving Role of Strategic Leadership in Procurement – Part 1: Control what you can, monitor what you can’t

Jaggaer

The post The Evolving Role of Strategic Leadership in Procurement – Part 1: Control what you can, monitor what you can’t appeared first on JAGGAER.

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Trade War Looms as EU Announces Tariffs of Up to 38% on Chinese EVs

Supply Chain Brain

European manufacturers are also bracing themselves for retaliatory measures from China, in the form of a range of duties on its exports, including vehicles, but also other products.

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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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Procurement News — June 12, 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.