Fri.Jul 26, 2024

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Election year uncertainty clouds 2024 supply chain outlook

Supply Chain Dive

Manufacturers “may kick the can down the road for certain capital investment decisions” as a result, Michigan State’s Jason Miller said during a panel discussion.

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How to choose the best procurement software for your company in 2024

Fraxion

Adopting new software is a big decision for companies of all sizes. Not only will you have to transition your existing processes, you'll have to train your team and onboard them.

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UPS defends higher peak surcharges ahead of shorter holiday season

Supply Chain Dive

The magnitude of the added fees surprised one analyst, but CEO Carol Tomé said the carrier's pricing is in line with anticipated demand.

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How to Efficiently Organize a Stockroom: A Comprehensive Guide by Finale Inventory | Ecommerce

Finale Inventory

Maintaining an organized stockroom is vital for any ecommerce business. It ensures smooth operations and enhances efficiency and profitability. This guide covers the significance of a well-organized stockroom, basic organization principles, steps for effective organization, advanced strategies, and advice for businesses of various sizes. Understanding the Importance of an Organized Stockroom The Role of a Stockroom in Ecommerce A stockroom acts as the core of an ecommerce business, centralizing

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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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How AAK adapted to cocoa butter price spikes

Supply Chain Dive

The ingredients company is working around cocoa supply chain woes by using a lower-cost West African crop.

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Best Practices for Organizing and Storing Construction Materials with Finale Inventory

Finale Inventory

In the construction industry, effective organization and storage of materials is key for successful project management. With the growth of ecommerce and the increasing complexity of inventory management, companies require efficient systems to streamline their operations. Finale Inventory is a valuable tool that aids in organizing and storing construction materials.

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Mastering Year-End Financial Statements: A Comprehensive Guide by Finale Inventory | Ecommerce

Finale Inventory

Year-end financial statements are pivotal for any business. They go beyond offering a snapshot of your company’s financial position at a specific time. These statements allow you to evaluate your business’s performance over the year, pinpoint areas needing improvement, and make informed future decisions. This guide covers the significance of year-end financial statements, their key components, best practices for preparation, and strategies for analysis and enhancement.

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Checkers & Rally’s opts for outsourced distribution

Supply Chain Dive

By partnering with McLane Company, the fast food franchise is seeking a more streamlined and cost efficient logistics model.

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Implementing a Barcode System for Inventory Management with Finale Inventory | Ecommerce

Finale Inventory

In the fast-moving ecommerce environment, effective inventory management is vital for businesses to remain competitive. A key tool that can significantly enhance inventory management accuracy and speed is a barcode system. This article highlights the role of barcode systems in inventory management and provides guidance on implementing one using Finale Inventory.

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An Advanced Look at Teal IQ (AI Data Discovery and Enrichment)

Procurement Insights

Taking You Well Beyond A Solution Demonstration The meeting between Fahad Muhammad and Jon Hansen focused on the introduction and overview of the Teal IQ platform, its capabilities, data validation using AI and ML, data structuring, client feedback, and supplier benefits, including: Teal IQ product introduction Frequency of running Teal IQ reports Dynamic diagnosis Product demonstration Future plans.

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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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Top Strategies for Efficient Parts Inventory Management with Finale Inventory | Ecommerce

Finale Inventory

In the fast-paced ecommerce sector, efficient parts inventory management is vital for smooth operations and ensuring customer satisfaction. Finale Inventory helps you take control of your inventory and streamline your processes. This article covers top strategies for efficient parts inventory management with Finale Inventory, helping you optimize your operations and achieve business growth.

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Procurement 6 – July 26th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – July 26th, 2024 appeared first on Art of Procurement.

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7 Key Apps for Your Restaurant: Boost Efficiency with Finale Inventory | Ecommerce

Finale Inventory

Running a restaurant is challenging. From managing inventory to ensuring a seamless customer experience, there are countless factors to consider. Thankfully, advancements in technology have brought several apps that can help streamline operations and boost efficiency. This article covers the need for restaurant apps, the role of Finale Inventory, and introduces seven key apps that every restaurant should consider integrating into their workflow.

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DOE offers $33M for clean energy smart manufacturing

Supply Chain Dive

The money aims to boost R&D related to circular supply chains and sustainable materials and equipment.

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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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Starting a Home Staging Business: A Comprehensive Guide for Success | Ecommerce

Finale Inventory

If you have an eye for design and a knack for transforming spaces, starting a home staging business can be a rewarding venture. Whether you’re looking to offer your services to real estate agents or homeowners who want to sell their properties faster, this comprehensive guide will walk you through all the steps to succeed in the home staging industry.

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Ivalua NOW Dispatch #3: Strategic Roadmap (Procure-to-Pay)

CPO Rising

The Ardent Partners analyst team recently attended the 2024 Ivalua NOW: Procurement Re-Imaged conference in Miami. This event came on the heels of the company’s slightly larger EMEA conference held in Versailles, France (our own Magnus Bergfors, VP of research, wrote about his attendance at the event).