Fri.Apr 26, 2024

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Nestlé aims for bottle-to-bottle circularity with recyclable shrink sleeves

Supply Chain Dive

The company said it explored multiple suppliers and materials for the packaging conversion as it advances its sustainability efforts.

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Forbes: The Devil’s in the Details, Part 3

Arkestro

Here are a few strategies to help procurement leaders get their order cadence and tempo under control, be more prepared for disruption, and achieve cost savings.

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Trending Sources

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Railroad Engineer Sues Union Pacific Over Train Driver Software

Supply Chain Brain

The computer system gave the locomotives dangerous instructions, the complaint alleges, telling the lead locomotive to slow down and the middle locomotive to speed up while climbing a hill.

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Lululemon shutters Washington distribution center

Supply Chain Dive

The retailer is laying off nearly 130 employees, but a spokesperson said some will relocate to its new Los Angeles location and other facilities.

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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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Business impact of Digital Twins

Supply Chain Brain

A variety of Digital Twins are being created and leveraged across industries to improve business performance. Connect with two senior Deloitte Consulting leaders that have been helping their clients in this area for many years to learn more about the various types and uses of Digital Twins and the business impact they can have across an enterprise.

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Bigger isn’t always better: How hybrid AI pattern enables smaller language models

IBM Supply Chain Blog

As large language models (LLMs) have entered the common vernacular, people have discovered how to use apps that access them. Modern AI tools can generate, create, summarize, translate, classify and even converse. Tools in the generative AI domain allow us to generate responses to prompts after learning from existing artifacts. One area that has not seen much innovation is at the far edge and on constrained devices.

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Introduction to Cost-Saving Strategies for Purchasing Departments

Procurement Freelancers

Business scenarios are very competitive nowadays. Procurement experts not only have to control the costs… The post Introduction to Cost-Saving Strategies for Purchasing Departments first appeared on Procurement Blog | Procurement & Supply Chain News.

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Procurement 6 – April 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 – April 26th, 2024 appeared first on Art of Procurement.

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Prompt pay pays off: Challenging a culture of late payments to suppliers

Spotlight on Procurement

Terry Corby, Founder and CEO of Good Business Pays CIC, discusses an often under-estimated aspect to maintaining a healthy supply chain and fostering innovation: prompt payment.

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CPO Rising Listicle: Best-in-Class CPOs Have 5 Key Characteristics

CPO Rising

Fridays (in 2024) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.

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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.