Wed.May 08, 2024

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How CH Robinson is using AI to automate logistics management tasks

Supply Chain Dive

The broker hopes speeding up responses to emailed quote and appointment requests will improve productivity.

Logistics 134
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The Trends That Are Driving a Surge in Manufacturing M&A Deals

Supply Chain Brain

With inflation and interest rates easing, manufacturing investment is on the rise. Several large manufacturers have said they plan to increase capital investments and merger and acquisition deal-making in 2024.

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Union Pacific launches premium service between Southern California and Chicago

Supply Chain Dive

The railroad's new domestic intermodal route cuts transit times from five to three days.

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The Cosmic Significance of S&OE in Global Supply Chains

Supply Chain Brain

Sales and operations execution (S&OE) plays a pivotal role in ensuring the smooth flow of products from manufacturing to the end consumer.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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Mattel to shutter supplier plant in China this year

Supply Chain Dive

Barbie’s parent company is looking to diversify its production footprint in a bid to optimize costs and fulfillment operations.

Bidding 104
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New Report Projects U.S. Will Triple Semiconductor Capacity by 2032

Supply Chain Brain

The report projects that the U.S. will grow its manufacturing share of advanced logic chips to 28% of global capacity by 2032.

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More Trending

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Ocean Freight Rates Skyrocket as Red Sea Disruptions Continue

Supply Chain Brain

Ex-Asia rates have increased by around $1,000/FEU since the end of April, climbing to $4,000/FEU for routes to the U.S. West Coast and Northern Europe.

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Etsy pushes for delivery date precision with new machine learning model

Supply Chain Dive

The initiative could help the e-commerce marketplace shake its reputation as a laggard when it comes to shipping time frames.

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Port of Oakland to Deploy Fleet of Hydrogen Trucks to Haul Freight

Supply Chain Brain

The vehicles will be used to move freight and cars, and are the first mass-produced, heavy-duty hydrogen trucks in the world.

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Unlocking business value: Maximizing returns from your SAP investments

IBM Supply Chain Blog

Amid the dynamic realms of modern business and technology, organizations seek to maintain a competitive edge and elevate business outcomes and user experiences through their SAP investments. The crux of this endeavor lies in fostering continuous value creation throughout the journey. Drawing from my experience with clients across expansive, multi-year SAP engagements, there are three areas where collaborative value creation and charting future roadmaps intertwine seamlessly. 1.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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SPLC Navigator Offers Suite of Sustainable Procurement Tools

Supply Chain Brain

The platform comes with measurement tools and performance tracking, all geared toward maximizing sustainability for products and suppliers.

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Macy’s selects entrepreneurs for accelerator program aimed at diversifying supply chain

Supply Chain Dive

Participants will meet Macy’s buyers and marketplace teams, with the potential to become vendors.

Buyers 82
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Boeing Supplier Spirit Aero Squeezed as 737 Output Drops

Supply Chain Brain

Boeing’s largest supplier only expects to ship around 350 fuselages for the cash-cow jetliner this year as the two manufacturers step up inspections.

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Simplifying IAM through orchestration

IBM Supply Chain Blog

The recent validated what many of us in the industry already knew: Identity has become the leading attack vector. The 2024 report showed a 71% increase in valid identities used in cyberattacks year-over-year. What really puts it into perspective is the realization that you are just as likely to have your valid identity used in a cyberattack as you are to see a phishing attack in your organization.

Risk 80
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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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Episode 164: Aligning Procurement and Legal Operations with Lisa Haitz

Una

EPISODE 164 Aligning Procurement and Legal Operations with Lisa Haitz By Kelly Barner | May 8, 2024 Procurement’s relationship with legal is one of the most important they have. Whether it is allowing procurement to meet (or exceed) their objectives or protecting the company from risk, they need to be “joined at the hip” as we learn from this week’s guest.

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Empowering security excellence: The dynamic partnership between FreeDivision and IBM

IBM Supply Chain Blog

In the ever-evolving landscape of cybersecurity, businesses are constantly seeking robust solutions to fortify their defenses and navigate the complex challenges posed by cyberthreats. FreeDivision, an IBM Business Partner, stands out in the field by understanding the local needs of its clients. Operating as a security service partner, FreeDivision leverages IBM’s endpoint detection and response (EDR) solution, IBM Security® QRadar® EDR, as part of its solution, freedivision.io,

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Amazon to Deploy 50 EV Trucks in SoCal

Supply Chain Brain

The batteries in the big rig tractors, manufactured by Volvo, can travel up to 275 miles before a recharge.

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Helping enterprises across regulated industries leverage hybrid cloud and AI

IBM Supply Chain Blog

At IBM Cloud, we are committed to helping enterprises across industries leverage hybrid cloud and AI technologies to help them drive innovation. For true transformation to begin, we believe it is key to understand the unique challenges organizations are facing—whether it is keeping data secured, addressing data sovereignty requirements or speeding time to market to satisfy consumers.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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HICX: How supplier-centricity could hold the key to sustainability

HICX

Anthony Payne, Chief Marketing Officer of HICX, tells us how working collaboratively with suppliers on sustainable procurement practices could act as an organisation’s competitive advantage. Sustainability isn’t just a ‘nice to have’ anymore – businesses don’t have much of a choice in the world of 2024. With ESG regulations now locked in place, organisations must comply or risk significant penalties.

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Leverage the Power of Spend Analysis

NLPA (Next Level Purchasing Association)

In today’s competitive business landscape, procurement professionals constantly seek ways to optimize costs and maximize value. Spend analysis has become vital in this pursuit, offering valuable insights into historical spending patterns and identifying potential cost-saving opportunities. However, relying solely on spend analysis can limit your cost-saving potential.

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Dallas Innovates: Arkestro’s Electronic Third-party Negotiation Automation System and Tool

Arkestro

The post Dallas Innovates: Arkestro’s Electronic Third-party Negotiation Automation System and Tool appeared first on Arkestro.

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Watch: Deloitte's Annual Report on Technology in Supply Chains

Supply Chain Brain

Wanda Johnson, supply chain technology fellow with Deloitte Consulting LLP, reveals the findings of the firm's annual industry survey, in collaboration with MHI, on the adoption of technology in the supply chain.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relat

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The Power of EOS: Transforming Businesses for Success

Procurement Express

We’re thrilled to introduce Christian Goldman, who has completely revolutionized the way we do business at Procurement Express. In this conversation, Christian shares his journey of transformation and the profound impact it’s had on our team and our success. We explore the powerful principles of the Entrepreneurial Operating System (EOS) and uncover how this framework can help any business thrive.

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The Contract Management Playbook: Strategies and Secrets for Total Control

World of Procurement blog

Introduction to Contract Management Contract management is the process of systematically and efficiently managing contract creation, execution, and analysis to maximize operational and financial performance at an organization. Contract management involves coordinating and negotiating agreements to establish business relationships, draft contract terms that protect the company, properly execute contracts, monitor performance, and mitigate risks.

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The Future of Supply Chain: A Conversation with Alex English

Procurement Express

In this post, we feature a special guest, Alex English, from Ion Storage Systems, who will be sharing insights on supply chain management in startups. Alex has extensive experience in supply chain, ranging from consumer electronics to the cutting-edge technology being developed at Ion. Join us as we delve into the world of supply chain and explore the exciting future of battery technology.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. It involves the active streamlining and integration of key processes across purchasing, manufacturing, warehousing, and transportation.

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Technology Round-Up — May 8, 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.