Wed.May 01, 2024

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AI Attacks Are Becoming More Common in the Logistics Industry. What To Do About Them?

Supply Chain Brain

Financial losses from a cyberattack in the logistics industry include possible legal liabilities, disrupted operations, revenue loss and regulatory fines, but the costs don't stop there.

Logistics 124
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Walmart GoLocal expands delivery capabilities, client base

Supply Chain Dive

The retailer's local delivery platform has evolved to handle big and bulky items, orders out of fulfillment centers and more, VP Rina Hurst told Supply Chain Dive.

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Containers Rerouted from Baltimore Face Lengthy Dwell Times at East Coast Ports

Supply Chain Brain

Demurrage charges for rerouted containers waiting at East Coast ports could add up to as much as $3.9 million each week.

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Sportsman’s Warehouse invests in inventory management tech to boost in-stock reporting

Supply Chain Dive

The retailer partnered with Blue Yonder to develop the system as it looks to stay better in-tune with inventory trends.

Inventory 106
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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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Three Steps to Securing Microchip Supply in a Chaotic Global Market

Supply Chain Brain

By practicing foresight and preparing for the inevitable hiccup, manufacturers can go a long way toward ensuring that a shortage of microchips doesn't cause their facilities to lay dormant.

Supply 105
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Amazon’s order consolidation efforts deliver Q1 savings

Supply Chain Dive

The e-commerce giant cut costs by increasing the number of product units delivered per box, CEO Andy Jassy said.

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More Trending

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Manufacturing demand dips in April as companies remain cautious: PMI

Supply Chain Dive

While hiring is beginning to uptick, manufacturers remain uncertain about the fate of interest rates and its impact on business.

Demand 88
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Amazon Q1 Report Touts Expanded GenAI, Fastest Ever Delivery Times

Supply Chain Brain

Amazon saw its net income increase from $3.2 billion in the first three months of 2023 to $10.4 billion in Q1 of 2024.

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How generative AI will revolutionize supply chain 

IBM Supply Chain Blog

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization. AI tools help users address queries and resolve alerts by using supply chain data, and natural language processing helps analysts access inventory, order and shipment data for decision-ma

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Watch: How Gamification Contributes to Warehouse Worker Retention

Supply Chain Brain

The practice of gamification is contributing to a more highly motivated workforce in the warehouse, says Ken Ramoutar, chief marketing officer of Lucas Systems Inc.

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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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Supplier Portals: Best Practice in Supplier Onboarding and Enablement

HICX

Supplier onboarding is a critical process for organizations, ensuring that new suppliers are seamlessly integrated as partners for the enterprise. With the increasing complexity of supply chains and the supplier landscape, and the need for efficiency and risk management, optimizing the supplier onboarding process has become more important than ever.

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Empowering Procurement Professionals: Lessons Learned Over 40 Years Within Procurement With Alex Jennings – Episode 93

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary In this episode, Martin Smith interviews Alex Jennings, an experienced procurement and commercial professional who has worked for companies such as GE and Toyota. They discuss Alex’s career journey, his experience in managing teams, and the changes in the procurement profession.

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AI Decoded: What Every CPO Needs to Know

Arkestro

Webinars / AI Decoded: What Every CPO Needs to Know AI Decoded: What Every CPO Needs to Know Summary: AI is seemingly “everything, everywhere, all at once!” and it has dominated business and technology discussions since the launch of ChatGPT. The opportunities are immense, but the amount of information on AI is overwhelming. Let Ardent Partners and Arkestro help you cut through the noise in this webinar. 3 Key Takeaways: AI has the potential to channel an entirely new level of innovation Procure

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Procurement News — May 1, 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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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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The Beatles, Procurement, and Orchestration – Do You See the Connection Now?

Procurement Insights

The other day, my teenage daughter excitedly told me about great music from a group she had never heard of. Even though I am turning 65, I am always interested in what my kids are into, so I said let’s hear it. The sound was as familiar as the words: “She loves you, yeah, yeah, yeah, yeah!” They are called the Beatles, she said. What do you think?

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North America Supply Chains Imperiled by Canada Rail Strike Vote

Supply Chain Brain

The two rail giants account for nearly 90% of the industry’s revenues and more than three-quarters of overall tonnage carried by the sector.