Tue.Aug 20, 2024

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Amazon allowing sellers to ditch physical returns

Supply Chain Dive

The offering for Fulfillment by Amazon users helps them avoid fees by simply having customers keep items, the company said.

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Manufacturing Outlook: The Dash for Profitability, Growth & Scale

Supply Chain Brain

Like any manufacturer, your organizational goals can be summed up into three words: profitability, growth, and scale. These expectations only continue to increase as your business moves along the maturity curve, with mounting pressure to make smart investment choices that lead to the right type of gains and mitigate risk.

Risk 101
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Trending Sources

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UPS plans surge fee for all China-to-US imports

Supply Chain Dive

The charge is based on billable weight and will impact 12 other countries and territories, starting Sept. 15.

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Redefining Manufacturing: The AI Revolution in Productivity

Supply Chain Brain

AI is the ideal tool to iterate and achieve the highest levels of speed and accuracy in manufacturing.

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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 to know about supply chain resiliency and uncertainty in 2024

Supply Chain Dive

Industry experts weigh in on AI, the election and other topics impacting shippers at Industry Dive’s virtual Supply Chain Outlook event.

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Walmart to End Drone Deliveries in Three States

Supply Chain Brain

Walmart partner DroneUp says it plans to close a combined 18 Walmart delivery hubs in Arizona, Utah and Florida.

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More Trending

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EU Looks at Cutting Tariffs on Teslas Made in China to 9%

Supply Chain Brain

The EU's draft says that the proposed tariffs are still subject to change, as it gathers feedback and comments from its member states.

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Couche-Tard appoints global director of procurement

Supply Chain Dive

James Kelly’s hiring comes as the c-store retailer increases its focus on procurement and supply chain functions.

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Boeing Halts Tests for 777X After Discovering Damage to Engine Mount

Supply Chain Brain

Boeing 777X is billed as the world's largest twin-engine airplane, and was first scheduled to enter service in 2020.

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What digital procurement tools should you buy first?

Procurement Software

Digital procurement tools – there are literally hundreds of them out there now. We have over 440 of them listed in our software database. So, which one should be your first investment. In this article I give you my thoughts about where I would start in a couple of different circumstances. I’m not going to suggest you go out and buy a specific brand of software, but rather I focus instead on the categories of tech and what order of priority I would put each of them in.

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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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Beached Cargo Ship Leaks Oil Off South Africa’s West Coast

Supply Chain Brain

The MV Ultra Galaxy that beached at Brand se Baai northwest of Cape Town on July 9 has been pounded by heavy seas in recent days.

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Cadent Gas – Training and 2030 Procurement Vision

Barkers Procurement

The Cadent Gas procurement team sought to align their 2030 procurement vision with business strategy and upskill their team for the future. Barkers supported this by providing senior advisory services, conducting skills and assertion surveys and developed a capability enhancement plan. The project focused on strategy alignment, core strengths development and targeted skills enhancement through training.

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5 Best AI Contract Review Software: How To Choose the Right One for Your Business

ContractSafe

Contracts are the lifeblood of business, but they're also a major source of headaches. Missed deadlines, hidden risks, compliance nightmares. the consequences of poorly managed contracts can be severe.

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Free Inventory Management System: Simplify Inventory Monitoring with Finale Inventory | Ecommerce

Finale Inventory

If you operate an ecommerce business, you know how vital it is to manage your inventory effectively. Keeping track of your inventory is key to ensuring customer satisfaction, reducing stockouts, and boosting profitability. Fortunately, there is a no-cost inventory management system that can streamline this process: Finale Inventory. Understanding Inventory Management Before examining Finale Inventory, it’s helpful to grasp inventory management fundamentals.

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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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Which Solution Provider Announcement matters most?

Procurement Insights

The world is being choked by solution-provider announcements. How do you sift through the mass to separate the noise from the real news? Look at these two announcements. Which one tells you what was achieved, and which talks solely about future anticipated outcomes? Or This One. Here is an even more pertinent question: Which was the first posted, and why does it matter?

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UPC Barcode Printers: A Comprehensive Guide to Generating and Printing UPC Barcodes with Finale Inventory | Ecommerce

Finale Inventory

If you’re in ecommerce, UPC barcodes are vital for efficient product management and tracking. This guide covers everything you need to know about generating and printing UPC barcodes using Finale Inventory and UPC barcode printers. From understanding the basics of UPC barcodes to troubleshooting common printing issues, we’ve got you covered.

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Navigating the Unique Accounting and Finance Needs of SaaS Businesses

Procurement Express

Understanding the Differences Between Cash and Accrual Accounting When it comes to accounting for a SaaS business, the traditional methods used for other types of companies often fall short. The key distinction lies in the way revenue is recognized. Unlike a traditional business that may sell a product upfront, SaaS companies typically operate on a subscription model, collecting payments over time.

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Effective Inventory Management Strategies for Restaurants: A Comprehensive Guide

Finale Inventory

Effective inventory management is key to the success and profitability of any restaurant. From minimizing waste to ensuring adequate stock levels , inventory management plays a significant role in streamlining restaurant operations. This guide highlights the importance of inventory management in restaurants and outlines strategies to enhance your inventory management processes.

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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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Why do big consultancies partner with legacy S2P suites?

The Procuretech Podcast

This episode of The Procurement Software Podcast delves into why big consultancies often partner with legacy source-to-pay suites. Host James Meads explains how their corporate mindset and focus on large organisations can limit their understanding of the broader digital procurement market. Also, how conflicts of interest can result in big consultancies shilling legacy software.

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Is Bulk Ordering Right for Your Business? Bulk Ordering for Ecommerce

Finale Inventory

If you run an ecommerce business, you’re likely looking for ways to streamline your processes and improve your bottom line. One strategy that many businesses consider is bulk ordering. But is bulk ordering the right choice for your business? In this article, we’ll break down the concept, discuss its benefits and drawbacks, and provide insights to help you decide if it suits your specific business needs.

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Turning Insights into Action: Mastering Opportunity Assessment for Competitive Advantage

Empowering CPO

August 20, 2024 By: EmpoweringCPO Insights Turning Insights into Action: Mastering Opportunity Assessment for Competitive Advantage The Need for Opportunity Assessment Opportunity assessment is a critical component of the spend data analysis process, as it helps organizations identify categories that should be prioritized for strategic sourcing initiatives.

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Boost Sales: Tips to Attract More Wholesale Customers and Increase Revenue with Finale Inventory | Ecommerce

Finale Inventory

Attracting wholesale customers in ecommerce can significantly boost sales and increase revenue for your business. Wholesale customers are key players in revenue generation, and recognizing their value is important for success in the ecommerce industry. Understanding the Value of Wholesale Customers in Ecommerce Wholesale customers are not just another segment of your customer base; they are valuable partners who drive your business forward.

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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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Unleashing Your Atomic Power: Transforming Habits to Achieve Big Results

Procurement Express

Redefining Identity: The Key to Sustainable Change Normally, people view habits and actions as a simple process of repeatedly doing something until it becomes who you are. However, the true transformation lies in the step before that – the moment when you decide to change. Whether it’s becoming a CEO, a parent, or a fitness enthusiast, there is a crucial trigger that sets the stage for these identity shifts.

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Top Barcode Generator Features You Can’t Miss

Finale Inventory

Barcode generators are vital tools for any ecommerce business. They help streamline inventory management , improve efficiency, and enhance customer satisfaction. This article highlights the top barcode generator features that you can’t afford to miss. Whether you’re starting your ecommerce venture or upgrading your current barcode generator, knowing these features will help you make a smart choice.

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7 Inventory Management Best Practices for Efficient Operations | Ecommerce

Finale Inventory

Inventory management is a key element of running a successful ecommerce business. Effective inventory management practices can help prevent stockouts, reduce costs , and enhance customer satisfaction. This article highlights seven best practices that can help ecommerce businesses streamline their inventory operations. Understanding Inventory Management in Ecommerce Ecommerce inventory management involves tracking and controlling the flow of goods in an online store.

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Why Barcodes are Key for Efficient Home Staging Inventory Management with Finale Inventory | Ecommerce

Finale Inventory

Home staging is a significant part of the real estate industry, helping potential buyers envision their future homes. The process involves showcasing properties in the best possible light by arranging furniture, decor, and other items. To ensure smooth operations and effective inventory management, it is important to implement barcode technology. We’ll examine the concept of home staging inventory management and the role of barcodes in this process.

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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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Efficient Methods for Managing High Inventory Volumes with Finale Inventory | Ecommerce

Finale Inventory

In the fast-paced realm of ecommerce, effective inventory management is key for businesses handling large inventory volumes. Better management can lead to improved profitability, greater customer satisfaction , and enhanced operational efficiency. This article covers the significance of effective inventory management, the main challenges faced in managing large inventories, and how Finale Inventory aids in optimizing inventory control.

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How to Categorize Inventory Items Efficiently with Finale Inventory | Ecommerce

Finale Inventory

Efficient inventory categorization is vital for managing your ecommerce business effectively. By organizing your inventory items into logical categories, you can streamline your operations, enhance order fulfillment, and boost customer satisfaction. This article outlines how Finale Inventory, a robust inventory management software, can help you categorize inventory items efficiently.

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Effective Inventory Management Strategies for Supply Chain Disruptions

Finale Inventory

In the fast-evolving business environment, supply chain disruptions are a frequent issue for companies across various sectors, including ecommerce. Understanding the impact of these disruptions and developing effective inventory management strategies is vital to ensuring a smooth flow of goods and services. This article will examine the complexities of supply chain disruptions and highlight the significance of inventory management in reducing their effects.