Thu.Jul 11, 2024

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Chasing a Common Supply Chain Objective: Saving Lives

Art of Procurement

For over a decade, one public-private partnership has worked to make lifesaving medicines available in the most remote parts of. The post Chasing a Common Supply Chain Objective: Saving Lives appeared first on Art of Procurement.

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Chinese Hackers Targeting Ships Across Europe With Malware on USB Sticks

Supply Chain Brain

Several USB sticks with malware have been found plugged into computers on freight vessels in Norway, Greece and the Netherlands dating back to January.

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Lego to mandate sustainability targets across supply chain

Supply Chain Dive

The Danish toy maker is turning to suppliers to help cut emissions from its indirect operations, primarily its supply chain, as they make up the majority of its carbon footprint.

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Automation's Role in Alleviating Labor Shortage Pressures

Supply Chain Brain

Organizations are struggling to secure the labor, knowledge workers and leaders they need to thrive — and logistics and supply chain-focused businesses have been hit particularly hard.

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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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Debunking 5 Common Myths About Predictive Procurement Orchestration

Arkestro

Over 50% of organizations have automated their procurement processes, with around 35% using AI in procurement — an impressive increase from 29% in 2020. This evolution enables procurement teams to make superior decisions, initiate more events, and cover broader ground without additional resources.

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8 Ways Sourcing Agents Save You Time and Money

Procurement Freelancers

Have you ever thought about why certain companies always find the finest products at excellent… The post 8 Ways Sourcing Agents Save You Time and Money first appeared on Procurement Blog | Procurement & Supply Chain News.

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Automakers accelerate drive for fossil-free steel

Supply Chain Dive

Volvo is the top automaker for steel and aluminum decarbonization, according to a report from Lead the Charge. Mercedes, Tesla and Ford follow.

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Ships Fleeing the Red Sea Now Face Perilous African Weather

Supply Chain Brain

Storms near the African coastline are playing havoc with the key route that vessels have been using to avoid attacks by Houthi militants in the Red Sea.

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Walmart beefs up automated grocery distribution network

Supply Chain Dive

The retail giant is opening five new high-tech perishable sorting and packaging centers, while upgrading four others and retrofitting another.

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EU Push to End Forced Labor Could Drive $7B in Spending on Supply Chain Visibility

Supply Chain Brain

Verdantix predicts a $7 billion market for supply chain sustainability software by 2029, with EU manufacturing and retail firms expected to drive the bulk of that spending.

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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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You can’t say that in public!!!

Procurement Insights

What do you say about public sector procurement when you think no one else is around? I don’t know about you, but I am tired of slick multimedia productions with opening music, cool imagery, and crafted and filtered dialogue in which truthful insight is lost in a sea of neutrality and bland sales pitches that fail to stimulate dissenting, thought-provoking dialogue.

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Podcast | Busted! Detecting Chinese Cotton Made With Forced Labor

Supply Chain Brain

We haven’t stopped the importation of cotton produced in China with the use of forced labor.

Import 111
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GM shareholders deny 3 ethical supply chain proposals

Supply Chain Dive

Responding to the proposals, the automaker defended its existing practices for supplier agreements and operational policies.

Ethics 106
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Why data is useless if this one thing is missing

Procurement Insights

Please read the following four definitions and identify which one area is an absolute must for you to get maximum value from your data: Data Science What does a data scientist do? Data scientists determine the questions their team should be asking and figure out how to answer those questions using data. They often develop predictive models for theorizing and forecasting.

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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.

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Supply chain data-sharing leader promoted in federal multimodal office

Supply Chain Dive

Andrew Petrisin, creator of the DOT's Freight Logistics Optimization Works program, has been named deputy assistant secretary.

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Enhancing Supplier Collaboration: A Key to Business Success

HICX

HICX has released its 2024 Voice of the Supplier Survey , building upon its 2021 predecessor, which revealed significant challenges faced by suppliers in working with some of the world’s largest businesses. Seeking to understand the current landscape, HICX conducted a new study to gauge the state of supplier experience today. Read also: Squeezing Suppliers Must Not Replace Shrinkflation The survey included responses from 1,000 suppliers serving large multinationals, typically with revenues excee

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The Importance of Third-Party Logistics (3PL): Definitions and Insights | Ecommerce

Finale Inventory

In the fast-paced ecommerce industry, efficiency and customer satisfaction are of utmost importance. This is where third-party logistics, or 3PL, comes into play. Understanding the role of 3PL in ecommerce and the benefits it offers can significantly impact the success of your online business. This article provides definitions, insights, and the significance of 3PL in the ecommerce landscape.

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How To Create an Effective AI Use Policy for Your Legal Team (+ Template)

ContractSafe

Artificial intelligence (AI) has taken the world by storm, and legal teams are racing to jump on board. It’s a technology that promises a complete overhaul of how the world works, from automating mundane tasks to generating human-like text and more.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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The Importance of Third-Party Logistics (3PL): Definitions and Insights | Ecommerce

Finale Inventory

In the fast-paced ecommerce industry, efficiency and customer satisfaction are of utmost importance. This is where third-party logistics, or 3PL, comes into play. Understanding the role of 3PL in ecommerce and the benefits it offers can significantly impact the success of your online business. This article provides definitions, insights, and the significance of 3PL in the ecommerce landscape.

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Technology and ESG: Embracing Change with Emir Allen – Episode 98

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary In this episode Martin Smith interviews Emir Allen, the Managing Director of Talent Finance. They discuss Emir’s background in the accountancy and finance world, the challenges and opportunities in the profession and the current landscape of the market. They also touch on … Continued The post Technology and ESG: Embracing Change with Emir Allen – Episode 98 appeared first on Talent Drive.

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Unpacking Information Systems: Definitions and Practical Examples | Ecommerce

Finale Inventory

Technology plays a vital role in 2024’s business landscape, and one key aspect is the use of information systems. In this article, we will talk about the realm of information systems specifically in the context of ecommerce. We will examine their definitions, provide practical examples, and discuss their significance in modern business operations.

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Walmart to Open Five New Automated Distribution Centers for Fresh Food

Supply Chain Brain

Each facility will be twice the size of a traditional distribution center, with automated retrieval systems that move them to dense pallets that are then delivered to stores.

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The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.

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The Guide to Getting a Product Barcode in 5 Steps | Ecommerce

Finale Inventory

Are you an ecommerce seller? If so, you may already understand the significance of product barcodes in streamlining your business operations. In this guide, we will walk you through the process of obtaining a product barcode in five simple steps. From grasping the role of barcodes in product identification to designing and printing your barcode, we’ve got you covered.

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New U.S. Rules Target Chinese Steel Imports

Supply Chain Brain

The White House has decided to revisit Mexico's tariff exemption, as it was suspected of being used to bypass taxes on imports that originate in China and elsewhere.

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How Businesses Manage PPE Inventory Efficiently with Finale Inventory | Ecommerce

Finale Inventory

In a fast-paced business environment, efficient management of personal protective equipment (PPE) inventory is essential. With the rising demand for PPE due to the COVID-19 pandemic, businesses need reliable tools to track and manage their inventory effectively. This article highlights the importance of efficient PPE inventory management and how Finale Inventory can help businesses streamline their processes.

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Debunking 5 common myths about Predictive Procurement Orchestration

Spend Matters

This content does not express the views or opinions of Spend Matters. Over 50% of organizations have automated their procurement processes, with around 35% using AI in procurement — an impressive increase from 29% in 2020. This evolution enables procurement teams to make superior decisions, initiate more events and cover broader ground without additional resources.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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Top 10 Benefits of Cloud-Based Inventory Management with Finale Inventory | Ecommerce

Finale Inventory

Efficient inventory management is key to success in ecommerce. With the increasing complexity of online businesses, manual inventory management processes can’t keep up with the demands of today. That’s where cloud-based inventory management helps. By using cloud technology, businesses can streamline their inventory operations, boost efficiency, and drive growth.

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Optimizing Manufacturing Processes with Finale Inventory | Ecommerce

Finale Inventory

In the fast-paced world of manufacturing, efficiency is key. Every second counts, and any delay or error in the production process can have significant consequences. That’s why businesses are constantly searching for tools and solutions to optimize their manufacturing processes and enhance their productivity. One such tool that has gained significant popularity in recent years is Finale Inventory.