Wed.Nov 08, 2023

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The 10 Questions Supply Chain Managers Must Ask Before Engaging With a New Vendor

SCMR (Supply Chain Management Review)

A thorough and strategic vendor selection process guides companies through the vendor selection process, helping ensure subpar suppliers never make it into the procurement process.

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FedEx, UPS 2024 rate increases: What shippers should know

Supply Chain Dive

The variances within the carriers’ price hikes indicate what services are seeing the most pressure from competitors, experts say.

Price 120
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AI in Procurement and “Autogmentation” Part 2 — The current state of AI

Spend Matters

Part 1 of our mini-series focused on the impact of technology on the business world and, more specifically, on procurement. After considering the key milestones in the history of digital technology, we discussed the various impacts that technology can have in terms of automation (efficiency) and augmentation (effectiveness). We also mentioned a strong dependency between the two value drivers and that “new technologies can not only handle a growing number of repetitive and manual tasks but also p

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Milk suppliers sour over carton shortage

Supply Chain Dive

Dairy suppliers and others cite Pactiv Evergreen as the supply problem’s source. Competitors are trying to step up production as beverage producers seek help.

Suppliers 117
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How to Create Sales Email Sequences That Convert

Modern go-to-market teams know it takes more than one email to break through the noise. Multiple touchpoints means more ways to get your pitch right — and, potentially, more ways to be wrong. The good news? Once you know how to write compelling, one-off emails to entice prospective customers, you can easily do the same across a short sequence of emails.

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Mastering Omnichannel Fulfillment: 3 Key Strategies for Retail Success

Supply Chain Brain

Omni-channel, demand-driven fulfillment using AI and automatic decision-making technologies will give retailers the edge they need to succeed in a very competitive landscape.

Strategy 116
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Feds award $653M for 41 port projects

Supply Chain Dive

Funding from the Infrastructure Investment and Jobs Act will help bolster supply chain infrastructure around the country.

More Trending

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FTC: Amazon halted Seller Fulfilled Prime enrollment despite strong delivery performance

Supply Chain Dive

Sellers met the now-reopened program's delivery estimate requirement more than 95% of the time in 2018, per the agency's lawsuit. Amazon said that claim is misleading.

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Watch: The Challenge of Perfecting Appointment Scheduling

Supply Chain Brain

Appointment scheduling in logistics has long been a manual process, prone to error and miscommunication. Thanks to automation, that's changing, says Tom Curee, president of Qued.

Logistics 105
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Nestlé invests in food-delivery startup Wonder Group

Supply Chain Dive

The investment will allow the Stouffer’s and Sweet Earth maker to capitalize on the strong recovery in the foodservice channel.

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Model N Launches Self-Service Portal for Manufacturers and Their Partners

Supply Chain Brain

Channel Collaboration is the partner portal for Channel Data Management (CDM), offering users real-time data collection services including inventory, point of sale and end-customer price points.

Inventory 105
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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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Inside McCormick’s bet to build its ‘supply chain of the future’

Supply Chain Dive

A half-mile-long logistics center near Baltimore is helping the flavor giant operate more efficiently, get products to customers faster and reduce its environmental footprint.

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Global Freight Recession Continues into 2024 CNBC Survey Predicts

Supply Chain Brain

Those interviewed said they expect a rebound during the second half of 2024 with half of the participants saying they believe freight volumes will increase by 5% during that period.

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How suppliers factored into Overstock’s rebrand as Bed Bath & Beyond

Supply Chain Dive

The struggling online retailer hoped to avoid “confusion” for its vendors by running a single site under the newly acquired brand, according to its former CEO.

Suppliers 101
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Australian Farmers Are Giving Sheep Away for Free After 75% Price Plunge

Supply Chain Brain

Sheep prices have slumped, with older animals fetching an average of just $22 in October 2023 and some reports of animals selling for less than a dollar a head.

Price 98
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Foundational ABM Building Blocks

Account-based marketing (ABM) is a key strategy for driving sustainable growth. Today, many B2B companies use ABM teams or technologies to make sales. But getting a program off the ground successfully doesn’t have to be a daunting task. Watch this webinar with Rachael Foster, Director of Account-Based Experience at ZoomInfo, and Dan Dolph, Manager of Account-Based Experience at ZoomInfo.

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Port Everglades cargo volumes fell 5% in September

Supply Chain Dive

The port joins others on the East Coast in reporting fewer shipments.

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Regulators Request Natural Gas Supply Protections Following 2022 Winter Outages

Supply Chain Brain

A report from t he NERC and FERC recommended lawmakers complete cold weather reliability standard revisions enacted during Winter Strom Uri in 2021.

Supply 98
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Building on a year of focus to help IBM Power clients grow with hybrid cloud and AI

IBM Supply Chain Blog

At the beginning of the year, we laid out a new strategy for IBM Power under the leadership of Ken King, who will be retiring by the end of 2023 after forty years with IBM. It is with immense gratitude that I thank Ken for his leadership not only across IBM Power, but for his service to IBM in various roles spanning IP, strategy and software during his distinguished IBM career.

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UAW Workers at Ford’s Chicago Plant Vote to Ratify Proposed Contract

Supply Chain Brain

UAW 551, the local union that held a vote on the contract, said that 57% of the ballots cast by its members were in favor of the deal.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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What Does it Take to be a Supply Chain Visionary?

SCMR (Supply Chain Management Review)

Kimberly-Clark Corporation was named this year’s Visionary Award winner at the NextGen Supply Chain Conference. KCC’s Scott DeGroot explains the story behind KCC’s success.

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Fluent Commerce’s Centralized Inventory Management Increased Breitling Online Sales by 20%

Supply Chain Brain

Shanmugasundaram says online sales of Breitling watches increased by 20% in the U.S. the month after the program was introduced, and online sales revenue increased by 15% to 30%.

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Pain Points in Procurement Series

Una

Pain Points in Procurement Explore a collection of resources depicting common pain points in procurement and how sourcing professionals can implement actionable solutions to overcome these challenges. The Procurement Talent Shortage Factors like the Great Resignation, demographic shifts, and fierce competition are leading to a global talent shortage - for the procurement industry and beyond.

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Measuring the Impact: Metrics to Track the Success of Conflict Resolution Training

Negotiations Ninja

Conflict is bound to happen, whether it’s between clients, colleagues, or stakeholders. It is as a part of life, as anything else. Conflict resolution is a key skill that’s valuable within any organization. Unfortunately, many people have trouble seeing the value of conflict resolution training.

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AI in Sales: How AI is Transforming Go-to-Market

How will generative AI transform sales? It’s a question that promises to drive billions of dollars in revenue opportunities over the next five to 10 years. And if you’re not leveraging AI solutions in your go-to-market motions, you’re already behind. In this eBook, we’ll cover: How today’s top sales leaders are incorporating AI into their go-to-market motions.

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Exit the Dragon: Shifting Manufacturing Out of China

Una

Exit the Dragon: Shifting Manufacturing Out of China Explore the drive behind shifting manufacturing out of China and understand where companies are relocating production to and why. By Hugo Britt | November 9, 2023 Search Search Intel , Microsoft , Nike , and Dell have all recently signaled their intention to move some of their manufacturing out of China to different shores.

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Closing the Deal: How Negotiation Training Facilitates Faster Sales Cycles

Negotiations Ninja

When it comes to negotiating, especially in the sales world, too often, companies are simply not prepared in any facet. People tend to think negotiation is only a soft skill. Either you got it, or you don’t.

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Mentoring A Millennial/Gen Z Service Provider Start-Up On The Importance Of Problem-Solving

Procurement Insights

A few days ago, I received the following email: Hi Jon, I noticed your recent blog post “The New 2023 Titans of Procurement Technology” and your extensive experience as a Strategic Advisor/Analyst specializing in Emerging AI Tech, Sales, and Marketing. I’m contacting you because I’m working on an AI product, aiming to save procurement managers time, automating supplier communications and negotiations.

Import 52
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Case Study: BNP Paribas

Skill Dynamics

As a top-tier European and international banking establishment, the BNP Paribas Group assists all of its customers – individuals, associations, entrepreneurs, SMEs, large corporations, and institutionals – in bringing their projects to a successful conclusion, through to financing, investment, savings, and protection solutions. Today, with 184,000 employees across 64 locations worldwide, the Group supports the professional development of its employees by helping them to strengthen their skills a

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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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Procurement News — November 8, 2023

CPO Rising

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders. Contact us with your news story here. Procurement Executive News Peraton Appoints William “Bill” Mertz as CPO RESTON, Va.

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AI assistants optimize automation with API-based agents

IBM Supply Chain Blog

Generative AI-powered assistants are transforming businesses through intelligent conversational interfaces. Capable of understanding and generating human-like responses and content, these assistants are revolutionizing the way humans and machines collaborate. Large Language Models (LLMs) are at the heart of this new disruption. LLMs are trained on vast amounts of data and can be used across endless applications.

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