Fri.Apr 12, 2024

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Union Pacific adds route between Chicago and Southern California

Supply Chain Dive

The new service is part of the railroad's push to convert freight from trucks to rail, saying it lowers overall costs for shippers.

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Merging top-down and bottom-up planning approaches

IBM Supply Chain Blog

This blog series discusses the complex tasks energy utility companies face as they shift to holistic grid asset management to manage through the energy transition. The first post of this series addressed the challenges of the energy transition with holistic grid asset management. The second post in this series addressed the integrated asset management platform and data exchange that unite business disciplines in different domains in one network.

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Trending Sources

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Oracle adds AI-powered tools to supply chain platform

Supply Chain Dive

The software giant's March update included features like description generation and supplier recommendations.

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TealBook’s Stephany Lapierre’s BIG News

Procurement Insights

This week, I received an email from TealBook regarding “the first iteration of their Supplier Data Platform (SDP), helping customers enrich and improve their supplier data across all of their systems and tools.” Here is what they sent. What are your top takeaways from reading this? By the way, I share my thoughts at the end and hope you will share yours in the comment section.

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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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Savannah port sees intermodal cargo surge in March

Supply Chain Dive

Infrastructure and low dwell times contributed to the Port of Savannah's 436,000 total TEUs handled in March.

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Five ways to team up and deter supplier fraud

HICX

Finance leaders can struggle to combat criminals posing as suppliers. Costas Xyloyiannis tells Association of Corporate Treasurers (ACT) how teams can work together to beat the fraudsters Supplier fraud remains a key area of exposure and one that finance teams could stop by using accurate supplier information. In practice, though, this information is notoriously outdated.

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China Asks Telecom Carriers to Drop Foreign Chips, WSJ Says

Supply Chain Brain

Beijing is accelerating a campaign to eradicate American technology, in part to circumvent a growing thicket of U.S, sanctions.

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CPO Rising Listicle: Procurement AI in Action, Part 2

CPO Rising

It’s Friday, which means we’re sharing another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.

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Buyer to C-Suite Story of the Month: Meet Harris Teeter’s Xavier Hare

Procurement Insights

EDITOR’S NOTE: It is always encouraging and exciting to see procurement professionals’ success in finding their path to the C-Suite. These trailblazers remind us of what is possible and available in terms of opportunities and impact. Here is the brief story about Harris Teeter’s Xavier Hare, who started out in the company as a part-time cashier and became the Director of Procurement and, in 2023, the company’s Director of Own Brands.

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Senate Panel Urges Biden Urged to Ban China-Made EVs

Supply Chain Brain

In February, the White House said it was opening an investigation into whether Chinese cars pose a national security risk.

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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.