Supply Chain Brain
MAY 1, 2024
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.
Supply Chain Dive
MAY 1, 2024
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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Supply Chain Brain
MAY 1, 2024
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 Chain Dive
MAY 1, 2024
The retailer partnered with Blue Yonder to develop the system as it looks to stay better in-tune with inventory trends.
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Supply Chain Brain
MAY 1, 2024
Demurrage charges for rerouted containers waiting at East Coast ports could add up to as much as $3.9 million each week.
Supply Chain Dive
MAY 1, 2024
The e-commerce giant cut costs by increasing the number of product units delivered per box, CEO Andy Jassy said.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Dive
MAY 1, 2024
While hiring is beginning to uptick, manufacturers remain uncertain about the fate of interest rates and its impact on business.
IBM Supply Chain Blog
MAY 1, 2024
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
Supply Chain Brain
MAY 1, 2024
Spending by shippers dipped by almost 28% from Q1 of 2023, and roughly 17% from the closing quarter of last year.
HICX
MAY 1, 2024
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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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.
Supply Chain Brain
MAY 1, 2024
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.
Procurement Talk with David Byrne
MAY 1, 2024
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.
Arkestro
MAY 1, 2024
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
CPO Rising
MAY 1, 2024
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.
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
Procurement Insights
MAY 1, 2024
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?
Supply Chain Brain
MAY 1, 2024
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.
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