Wed.Dec 06, 2023

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HR Tech Entrepreneur Gergo Vari: AI’s Impact on Future Supply Chain Jobs

All Things Supply Chain

Artificial intelligence (AI) in the workforce has significantly changed several industries. One of the sectors facing a major transformation is supply chain management.

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Transforming Supply Chains for the World’s Largest Retailers

Supply Chain Brain

Retailers that embark on supply chain transformation are well-positioned to confront challenges and stay competitive in a rapidly changing marketplace.

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Reskilling your workforce in the time of AI

IBM Supply Chain Blog

As the adoption of AI and other technologies continues to expand, it will transform how we perform work with the potential to disrupt 83 million jobs globally and create 69 million new roles by 2025, according to the World Economic Forum. Like other groundbreaking technologies before it, the evolution of AI will create opportunities for new industries, new jobs and new approaches to existing ones.

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Warehousing and Storage Most Stressful Industry in U.S., Report Finds

Supply Chain Brain

Ninety-three percent of the workers in the warehousing/storage industry reported they were paid hourly while an additional 12% said they had to take on another job.

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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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Peak season customer experience falters when last mile is forgotten

Supply Chain Dive

Looming parties and gift-giving occasions make holiday deliveries sensitive, but open communications can ease consumers’ concerns.

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Can the Blue-Collar Sector Fix Its Gen Z Problem?

Supply Chain Brain

Only 14% of Gen Zers would consider industrial work as a career, and 26% said they would only take on industrial work as a short-term career.

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More Trending

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SpendQube: Vendor Analysis — Spend Analytics solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of SpendQube and its solution for spend analytics. In today’s rapidly evolving business landscape, every organization strives to make informed choices, optimize resources and drive profitability. Usable data is vital to this decision making. For procurement practitioners, spend analytics tools are indispensable assets.

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Green Shipping Partnership Signed by Ports of Singapore, LA and Long Beach

Supply Chain Brain

The new strategy outlines the steps that the three ports will take to speed up the decarbonization of the shipping industry.

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Service Sector PMI Records Highest Reading In 12 Months

SCMR (Supply Chain Management Review)

November services economy activity remained in growth mode, according to the new edition of the ISM Report on Business, which was issued Tuesday by the Institute for Supply Management (ISM).

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Nissan to Buy Parts from Renault-Geely Venture in Alliance Rejig

Supply Chain Brain

The Japanese carmaker will receive gearboxes and engines for 12 of its plants, as well as half a million parts annually, the companies said December 6.

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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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Supply Chain Management Review Year in Review 2023

SCMR (Supply Chain Management Review)

For the December issue of SCMR, we’re featuring some of the best columns and articles from the past year. If you didn’t read them the first time, now is the opportunity to catch up. We’ve tried to cover the supply chain bases with these articles, which I’m sure you’ll enjoy.

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‘A massive undertaking’: Singing Machine shifts from in-house logistics to 3PL

Supply Chain Dive

​The karaoke products company now uses Logistics Plus to save costs after a transition that overhauled its customer fulfillment operations.

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Supplier.io Honors Firms for Diverse Supplier Initiatives

SCMR (Supply Chain Management Review)

More than $160 billion was spent with diverse suppliers in the past year among just 326 companies analyzed by Supplier.io, directly supporting 1.3 million jobs.

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Big Lots creates new executive role to lead closeout sourcing

Supply Chain Dive

In the position, Seth Marks will focus on “procuring outstanding products at exceptional values through unique closeout opportunities,” the retailer said.

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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

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TuSimple Shuts Down U.S. Operations Amidst Buyer Search

Supply Chain Brain

The company laid off 150 employees (75% of its U.S. staff) on December 4, bringing TuSimple’s total global workforce to just 700 full-time employees.

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Best Buy increases reliance on distribution centers for customer delivery

Supply Chain Dive

By reducing the share of online orders shipped from stores, the retailer's employees can focus more on customer-facing services, its CEO said.

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Procurement Leaders: It's Time to Keep Shining

Supply Chain Brain

C-suite and senior executive leaders have grown to rely on procurement to weigh in on board-level topics — and now they’re craving more insight.

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NLRB rules against Amazon in New York fulfillment center union organizing case

Supply Chain Dive

The National Labor Relations Board alleges the company unlawfully retaliated against some employees, including by changing work assignments.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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In Business Since 1982, A Who’s Who Client List In The Food and Beverage Industry, and Real-Time Market Price Coverage and Analysis – Do You Know Me?

Procurement Insights

When I started writing this blog in May 2007, one of the reasons was to provide unknown companies such as Coupa, Zycus, and others with a venue through which they could connect with a wider and more direct audience. By the way, here is the very first post about Coupa titled “ Moving Procurement Practice Beyond Adjunct Complexity (COUPA Profile).” “Or as COUPA Founder and President Dave Stephens, in explaining the company’s “see how it works” tagline emphasized in terms of the v

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Israeli Ships Reroute to Avoid Houthi Attacks

Supply Chain Brain

Ships have begun diverting from passage through the Suez Canal, instead electing to sail around the west coast of Africa and the Cape of Good Hope.

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Port Houston cargo volumes dip 2% in October

Supply Chain Dive

Despite the year-over-year decrease, the port reported its busiest month ever for loaded exports.

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How the UK’s Favourite Supermarket Delivers Sustainability at Discount Prices

Positive Purchasing

Written by Jonathan O’Brien, leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan and his team work with global blue-chip organizations to help transform their procurement capability. Increasing consumer pressure is a huge part of what is driving organizations to develop their sustainability initiatives and support improved human rights.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Workflow Efficiency: Definition and How to Improve It (With Examples)

Pipefy

In both our professional and personal lives, we all have methods we use to get tasks done. Businesses use workflows to complete most tasks, from entering a purchase order to manufacturing goods and delivering a service. As companies seek to be more agile and responsive to global and business changes, it’s imperative for workflows to operate as efficiently as possible to eliminate waste, cut costs, and maximize productivity.

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Port Everglades’ October cargo volumes dip 6% year-over-year

Supply Chain Dive

The port saw an 8% month-over-month increase.

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Technology Round-Up — December 6, 2023

CPO Rising

CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.

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Best Practices: How to Excel as a Procurement Contract Manager

Procurement Freelancers

In an ever-evolving business landscape, where every penny saved can make a significant difference to…

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.