Wed.Jul 10, 2024

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'Unprecedented': Can Amazon Beat Temu and Shein at Their Own Game?

Supply Chain Brain

As e-commerce giants Temu and Shein continue to gain traction in the U.S., Amazon is firing back with a low-priced store mirroring the model of their Chinese competitors.

Price 114
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Q2 2024 Insider roundup: A deep dive into intake management and orchestration; following procurement tech market movements; updated coverage of 16 vendors

Spend Matters

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

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Supply Chain Staffing: Tips for Retaining Top Talent in 2024

Supply Chain Brain

How can supply chain leaders implement a sense of predictability in an unpredictable market? By investing in talent and technology, such as artificial intelligence, that can support modern-day challenges.

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The dangers of dirty data in AI applications for supplier management

Supply Chain Dive

A look at the ethical considerations of artificial intelligence technology in procurement, and the importance of investing in it.

Ethics 120
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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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What is “clean data” – how do you define it?

Procurement Insights

Ask a simple question – what is clean data? Some of the answers: “That’s a hard question to answer.” “It means you can have 100% trust in its accuracy.” “Speaking with procurement teams from all industries and sizes, we know that data quality is still a real challenge–they’re struggling with disparate systems, manual data entry processes, and they aren’t able to deliver all of the value to the organization that they would hope to.

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Air freight industry anticipates surging peak rates

Supply Chain Dive

Shippers are expected to benefit from long-term capacity agreements or remain "at the mercy of the market," according to a Xeneta report.

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How to make employees feel included, according to researchers

Supply Chain Dive

Women, members of the LGBTQ+ community, people with disabilities and deskless workers reported higher rates of burnout, Boston Consulting Group said in a recent report.

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Watch: Supply Chain Risk Management: A Most Delicate Balancing Act

Supply Chain Brain

Heather Wheatley, vice president analyst with Gartner, explains how companies can balance considerations of resilience and cost to protect against disruption in their supply chains.

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How Hurricane Beryl is impacting logistics operations in Houston

Supply Chain Dive

Although most cargo services have resumed, carriers are now working through the ensuing backlog.

Logistics 124
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China Opens Investigation into EU 'Trade Barriers'

Supply Chain Brain

This marks the latest move from China in retaliation against new provisional EU tariffs of up to 38% against imported Chinese EVs.

Import 92
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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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FTC noncompete ban partially blocked by Texas judge

Supply Chain Dive

Judge Ada E. Brown held that the agency violated the Administrative Procedural Act and exceeded its statutory authority.

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Samsung Electronics Workers in South Korea Go on Strike Indefinitely

Supply Chain Brain

More than 6,000 unionized workers with the chip-maker's semiconductor division walked out on July 8.

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98% of Suppliers Want Better Communication: Survey

HICX

HICX announces its Voice of the Supplier Survey 2024. The survey builds on its predecessor from 2021, which revealed that some of the world’s biggest businesses are making it hard for suppliers to do their best work. HICX announces its Voice of the Supplier Survey 2024. The survey builds on its predecessor from 2021, which revealed that some of the world’s biggest businesses are making it hard for suppliers to do their best work.

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JAGGAER announces partnership expansion with BearingPoint

Jaggaer

SINGAPORE, July 10, 2024 /PRNewswire/ — JAGGAER, the global leader in Autonomous Commerce, has announced the expansion of their Amplify Partner Program in the APAC region with the addition of BearingPoint to their existing BearingPoint partnerships in EMEA and Americas. This addition will enable JAGGAER to continue their growth, providing an intelligent Source-to-Pay platform with the help of a leading global management and technology consultancy.

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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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The Ultimate Guide to Asset Tracking with Finale Inventory | Ecommerce

Finale Inventory

In ecommerce, asset tracking plays a vital role in managing inventory and ensuring smooth operations. As an ecommerce business owner, understanding the importance of asset tracking is important for maintaining efficiency and maximizing profitability. This comprehensive guide will walk you through the basics of asset tracking and introduce you to Finale Inventory, a powerful tool to streamline your asset management process.

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Strategic Sourcing and Decarbonization Best Practices

Jaggaer

Proven Techniques from Source to Contract By Georg Roesch, VP Direct Procurement In our recent guest article, Prof. Christian Heinrich, Co-Founder and Managing Director, carbmee, described “the 80% challenge” faced by manufacturing companies. The vast majority – namely, 80% – of the carbon emissions from manufacturing companies fall under Scope 3 carbon emissions , indirect emissions caused by suppliers of various inputs to a company’s operations, such as steel, iron, electricity and fer

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Setting Up an Inventory System: A Step-by-Step Guide with Finale Inventory | Ecommerce

Finale Inventory

Inventory management is an essential aspect of running an ecommerce business. A well-organized and efficient inventory system can save you time and money, while also improving customer satisfaction. In this comprehensive step-by-step guide, we will explore the importance of an inventory system, explain how Finale Inventory can help streamline your operations, and provide practical tips for setting up and managing your inventory effectively.

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War-Forged Leadership Lessons

Una

War-Forged Leadership Lessons Five war-forged leadership lessons from active-duty military for aspiring and current leaders from the battlefield to the boardroom. By Hugo Britt | July 11, 2024 Search Search If an Airborne Division officer was able to convince 40 people to follow him when he leaped out of an airplane into a night that would drop as low as -50 degrees with high winds, then that person has some serious credibility when it comes to leadership coaching.

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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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Finale Inventory Featured in Capterra’s Inventory Control Software Shortlist | Ecommerce

Finale Inventory

In the dynamic ecommerce landscape, inventory control software plays a significant role in managing product inventory and ensuring smooth operations. With a multitude of options available, it can be overwhelming to choose the right software for your business’s needs. This is where Capterra’s Inventory Control Software Shortlist comes into play, providing a curated selection of top inventory control software solutions in the market.

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How to Transition to a Role in Procuretech – Andrew Daley from EdburyDaley

The Procuretech Podcast

In this episode of the Procurement Software Podcast, we welcome back Andrew Daly, a partner at specialist recruitment firm Edbury Daley. Andrew previously joined us on Episode 11 back in May to discuss digital skills. Today, we delve into how procurement professionals can transition into careers in procurement technology. Many procurement pros feel burnt out.

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Technology Round-Up — July 10, 2024

CPO Rising

CPO Rising’s Technology Round-Up series continues this week 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.