What’s behind UPS losing volume from top customers?
Supply Chain Dive
FEBRUARY 6, 2024
Amazon making more deliveries in house, shifts to other carriers and buy online, pick up in store initiatives contributed to the company's Q4 volume decline.
Tue.Feb 06, 2024
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CPO Crunch: Averting crises and improving your CEO’s state of mind
Procurement Leaders
FEBRUARY 6, 2024
It can be draining just reading about the chaos brought about by global risks that continue to hit the headlines; from Houthi Rebel strikes in the Red Sea to ongoing speculation about Chinese intentions towards Taiwan, to the potential fallout from “the year of elections”. That said, being on the sharp end of having to respond to some of these events is a different matter entirely, and it’s a situation that many in the Procurement Leaders community find themselves in constantly.
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Dollar General taps AI to optimize produce ordering
Supply Chain Dive
FEBRUARY 6, 2024
The retailer has partnered with software company Shelf Engine to boost ordering, efficiency and in-stock levels of fresh foods.
Chinese Ships Get Cheaper Insurance to Navigate Red Sea
Supply Chain Brain
FEBRUARY 6, 2024
While the overall picture is mixed, some Chinese-linked vessels have to pay as little as 0.35% of their hull and machinery value to obtain insurance for transit.
GEP Spend Category Outlook Report 2025
Advertiser: GEP
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.
Red Sea conflict, Lunar New Year drive January air cargo volumes
Supply Chain Dive
FEBRUARY 6, 2024
Despite the decline in global rates, air freight volumes rose 10% year over year due to shipper concerns.
Cut Carbon in 2024 by ‘Marketing’ to Suppliers
Supply Chain Brain
FEBRUARY 6, 2024
One challenge stalling manufacturers' ability to cut carbon emissions is a lack of data, with supplier information notoriously hard to obtain. Solving this problem is a top priority.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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Tesla Recalling Almost All Vehicles Sold in the U.S. Due to Warning Light Issue
Supply Chain Brain
FEBRUARY 6, 2024
The National Highway Traffic Safety Administration (NHTSA) announced the recall of almost 2.2 million Tesla vehicles sold in the U.S. February 2.
From the Back Office to the Warehouse, Tracking Tech’s Impact
SCMR (Supply Chain Management Review)
FEBRUARY 6, 2024
Artificial intelligence, augmented reality and machine learning are driving value from the business office to the warehouse.
Top 7 Methods to Avoid Stock Discrepancy in 2024 in eCommerce
SCMDOJO
FEBRUARY 6, 2024
The fast-evolving business trends and technologies bring new challenges to every organization. One of these issues is making sure that the amount of products they have matches what they’re supposed to have, also known as stock discrepancy. To mitigate the issues of the end-to-end supply chain and cope with customer expectations, organizations are constantly focusing on reducing the delivery lead time.
Marley Spoon to sell US fulfillment, production facilities in $24M deal
Supply Chain Dive
FEBRUARY 6, 2024
FreshRealm will acquire the assets and fulfill customer orders, while the meal kit company will handle front-end operations.
5 Ways You Can Win Faster with Gen AI in Sales
Advertiser: ZoomInfo
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.
Cyber recovery vs. disaster recovery: What’s the difference?
IBM Supply Chain Blog
FEBRUARY 6, 2024
Today’s enterprises face a broad range of threats to their security, assets and critical business processes. Whether preparing to face a complex cyberattack or natural disaster, taking a proactive approach and selecting the right business continuity disaster recovery (BCDR) solution is critical to increasing adaptability and resilience. Cybersecurity and cyber recovery are types of disaster recovery (DR) practices that focus on attempts to steal, expose, alter, disable or destroy critical
The 6 different ‘flavors’ of GenAI implementations in procurement applications
Spend Matters
FEBRUARY 6, 2024
Procurement solution providers are engaged in a race to implement GenAI in their solutions. It is in part due to the global interest in GenAI that was triggered by the launch of ChatGPT in November 2022 and in part due to the opportunity to easily enable their applications with (Gen)AI as integration with third-party GenAI tools (like ChatGPT) reduces the barrier to entry to the world of AI-enabled solutions.
Cash versus digital payments: How to achieve financial inclusion
IBM Supply Chain Blog
FEBRUARY 6, 2024
One of the more complex challenges banks must solve is to make payments more efficient. Recent news headlines show significant shifts from physical identification and physical forms of payments to digital forms in many jurisdictions. Europe recently announced a mandate that real-time payments be available from any provider who currently offers batch euro payments (such as SEPA credit transfers) at a price of no more than the cost of batch transfers.
Healthcare 2024: How AI and Collaboration Will Drive Supply Chain Transformation
Supply Chain Brain
FEBRUARY 6, 2024
The healthcare industry's digital transformation will have a profound impact on the supply chain in 2024. Adoption of modern technologies will lead to increased automation and efficiency.
GEP Outlook Report 2025
Advertiser: GEP
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
Episode 151: What You Don’t Know About Shipping Can Hurt You with Nick DiNatale
Una
FEBRUARY 6, 2024
EPISODE 151 What You Don’t Know About Shipping Can Hurt You with Nick DiNatale By Kelly Barner | February 7, 2024 What could possibly be even more complicated than tax accounting? Managing your detailed shipping costs – and the carrier logic that drives them. Details change every year, and the high level information released to the media rarely reflects the nuanced information that appears on shipping invoices.
Analyst Eye on the 6 paths to GenAI implementations in procurement
Spend Matters
FEBRUARY 6, 2024
Incorporating AI into business processes can unlock unparalleled insights and efficiency; we know that from the numerous solution demos we’ve witnessed. Two main trends appear to be driving the development and use of GenAI among the vendor community. Firstly, they can’t afford not to; it’s the future. Secondly, the reality that GenAI (especially ChatGPT) is opening new possibilities for procurement operations.
Not every DNS traffic spike is a DDoS attack
IBM Supply Chain Blog
FEBRUARY 6, 2024
You’re a network administrator going about your normal business. Suddenly, you’re seeing a huge spike in inbound traffic to your website, your application or your web service. You immediately shift resources around to cope with the changing pattern, using automated traffic steering to shed load away from overburdened servers. After the immediate danger has passed, your boss asks: what just happened?
Tackling Hidden Risks in the Supply Chain: Insights for Procurement Leaders
SCMR (Supply Chain Management Review)
FEBRUARY 6, 2024
Throughout 2024, business leaders will confront a diverse and complex barrage of challenging events, testing the strength of their operational resilience programs to preserve business integrity. Managing an ongoing cycle of supply chain disruptions continues to be a priority for organizations around the globe; supplier viability, compliance, cybercrime, and increasing ESG regulations are among a few of the concerns.
10 Ways to Leverage Buyer Signals and Drive Revenue
Advertiser: ZoomInfo
In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.
New York Fed Found Supply Chain Pressures Rose in January
Supply Chain Brain
FEBRUARY 6, 2024
The New York Federal Reserve Bank’s Global Supply Chain Pressure Index rose from -0.15 in December 2023 to -0.11 in January 2024.
How To Achieve Maximum Value With Supplier Relationship Management
Skill Dynamics
FEBRUARY 6, 2024
Supplier relationship management is a business strategy utilized by organizations to strategically build relationships with their suppliers that are mutually beneficial. When implemented and managed correctly, it’s a strategy that can lead to large-scale operational improvements, cost optimization, and reduced risks across the supply chain. The entire concept of supplier relationship management aims to help organizations shift their mindset around dealing with vendors from a merely transactional
Helpful Tips on how procurement can ensure stakeholder BUY-IN?
Procurement Insights
FEBRUARY 6, 2024
What is the best way for procurement to communicate its value proposition to stakeholders?
Driving Sustainable Supply Chain: Strategies for Enhanced ESG Performance
Skill Dynamics
FEBRUARY 6, 2024
Environmental, social, and governance (ESG) considerations have become a vital component for modern businesses, with increasing scrutiny on companies to achieve goals related to sustainability and ethical business practices. Your organization’s supply chain can be the bedrock of a robust ESG strategy that will drive positive change and contribute to long-term sustainability.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.
Webinar: 7 Supply Chain Red Flags: When to Recognize, React, or Run!
SCMR (Supply Chain Management Review)
FEBRUARY 6, 2024
In this episode, learn from a panel of industry experts on top red flags to watch out for, how to take corrective action, and when it's time to pivot.
How Predictive Procurement Orchestration Helps Unlock Savings in 60 Days
Arkestro
FEBRUARY 6, 2024
Resources / Blog / How Predictive Procurement Orchestration Helps Unlock Savings in 60 Days How Predictive Procurement Orchestration Helps Unlock Savings in 60 Days What if you could implement a procurement platform that was so easy to use, your team could be up and running after just one hour of training? What if, by applying predictive procurement orchestration, you could completely shift procurement’s role in your organization from one of necessary spend to one of strategic cost savings?
Product Carbon Footprint Assessment
SupplyShift
FEBRUARY 6, 2024
STANDARD ASSESSMENT Product Carbon Footprint Assessment Navigating the complexities of Scope 3 reporting? Transition from rudimentary spend-based emissions factors to value-driven strategies for actionable change using the Product Carbon Footprint Assessment– designed to engage your suppliers for product-level carbon footprint insights. Redefining Supplier Engagement on Scope 3 SupplyShift unveils the Product Carbon Footprint Assessment.
The 10 Hottest Nordic Procurement Startups
Procurement Software
FEBRUARY 6, 2024
Nordic Europe has a long tradition for being innovative, and Nordic procurement startups are no exception. From Ikea to Nokia to Lego, some world-beating companies have come from this cool, pragmatic region of thoughtful, visionary businesses. We’ve got the definitive lowdown on 10 procuretechs from Europe’s chilly northern reaches, who are heating up the digital procurement ecosystem.
Signal-Based Selling: How to Leverage 4 Key Buying Signals
Advertiser: ZoomInfo
As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.
Watch: Closing the AI Skills and Talent Gap
Supply Chain Brain
FEBRUARY 6, 2024
Saurajit Kanungo, president of CG Infinity, addresses the gap between AI skills and talent that’s endemic in many companies today.
AOP Introducing… Anvil Analytical
Art of Procurement
FEBRUARY 6, 2024
In this episode of AOP Introducing, Helen Mackenzie speaks with Richard Brown, Head of Sales and Marketing at Anvil Analytical, The post AOP Introducing… Anvil Analytical appeared first on Art of Procurement.
Manifest Partners With SupplyChainBrain for Global Supply Chain Marketing Summit
Supply Chain Brain
FEBRUARY 6, 2024
The partnership brings Manifest’s unmatched expertise in the inner workings of supply chain management to Global Supply Chain Marketing Summit.
Macron Calls for More Farmer Protections During Supply Chain Talks
Supply Chain Brain
FEBRUARY 6, 2024
Protecting farmers’ incomes has been a major demand of the farmers’ protests that have popped up all across the EU in recent weeks.
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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