Thu.Sep 05, 2024

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Proposed Patent Rule Changes and their Impact on Innovation w/ Wen Xie

Art of Procurement

As someone who has never specialized in a patent-intensive space, I would have thought that patents were just about a. The post Proposed Patent Rule Changes and their Impact on Innovation w/ Wen Xie appeared first on Art of Procurement.

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Transforming contract management: From digital foundations to AI-powered efficiency and precision

Spend Matters

This content does not express the views or opinions of Spend Matters. In today’s fast-paced business environment, the need for agility and accuracy in contract management is more critical than ever. Contracts serve as the foundation for business relationships, outlining the terms, conditions and expectations between parties. However, managing these documents throughout their lifecycle — from creation to execution, and eventually to renewal or termination — can be a daunting task, fraught w

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Trending Sources

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Unlock $20M Savings with Superior Efficiency: Robotic Sortation vs. Traditional Unit Sorters

Supply Chain Brain

his webinar will break through common misconceptions about unit sortation and reveal how next-generation robotic solutions can deliver unmatched OPEX and CAPEX value, productivity, and scalability—all without disrupting your current workflows.

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Nordstrom pulls back on Pacific Northwest omnichannel center plans

Supply Chain Dive

The retailer said its current network will suffice following supply chain improvements made over the last few years.

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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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Gartner: Supply Chain Leaders Must Be 'Geopolitically Elastic'

Supply Chain Brain

In a survey of 258 supply chain leaders, 88% said that they expect to see a "moderate to very high" positive impact from scenario planning around geopolitical risks.

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Lego to ramp up sustainable block sourcing efforts

Supply Chain Dive

The company is looking to reduce its reliance on virgin fossil fuels in the coming years, along with other environmentally conscious goals.

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ABF Freight to increase LTL pricing 5.9%

Supply Chain Dive

The increase may vary across specific lanes and shipments, according to the company.

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Drought Shrivels Mississippi River, Threatens to Disrupt U.S. Food Exports

Supply Chain Brain

Dry conditions across the Ohio River basin, which feeds the Mississippi, have worsened already-low water levels at the large river.

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CMA CGM Air Cargo’s Transpacific service takes flight

Supply Chain Dive

The route will be operated by Atlas Air, connecting Hong Kong to Chicago using a B777-200 freighter.

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Podcast | Closing the Gap Between Supply Chain Strategy and Execution

Supply Chain Brain

Every business transformation needs a solid strategy. And every strategy needs a laser focus on execution.

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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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Automotive Procurement Masterclass: An Expert Perspective on Current Challenges and Future Solutions

Arkestro

Resources / Blog / Automotive Procurement Masterclass: An Expert Perspective on Current Challenges and Future Solutions Automotive Procurement Masterclass: An Expert Perspective on Current Challenges and Future Solutions If automotive procurement teams could predict when bridges would collapse, inflation would increase, or geopolitical tensions would resolve, they might resolve supply chain and cost challenges overnight.

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Colombia Truckers Block Roads in Protest Over Diesel Fuel Prices

Supply Chain Brain

The government rolled back years-old subsidies and raised the price of diesel fuel by more than 1,900 Colombian pesos (45 cents) on August 31.

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The Start of Procurement Foundry

Procurement Insights

I have written many articles, papers, and books over the years under my name for other publications – even more for ghostwritten articles. Occasionally, I look back over the decades at some of the publications for which I have written. Collectively, they make quite an archive. In 2019, Kelly Barner contacted me about a fellow named Michael Cadieux, who was just starting a new community called Procurement Foundry.

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Corvus Energy Gets Stamp of Approval for Net Zero Fuel Cell System for Ships

Supply Chain Brain

The company touts the system as a milestone for net-zero shipping, and plans to soon install it on a 35-meter fishing vessel.

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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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JAGGAER Pay and Bottomline Partner to Bolster Procure-to-Pay Offering

Jaggaer

JAGGAER Pay users can now connect to the Paymode business payments network RESEARCH TRIANGLE, NC, September 5, 2024 – JAGGAER, the global leader in enterprise procurement and supplier collaboration, announced today its new partnership with Bottomline to integrate the Paymode payment network and its Premium ACH offering along with virtual card and other payment modalities, into JAGGAER’s B2B payment solution, JAGGAER Pay.

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With Rising Product Recalls, It Pays to Reevaluate Your Supply Chain

Supply Chain Brain

Product recalls are becoming a daily occurrence, posing a serious challenge for manufacturers.

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NEW WEBINAR: The State of ePayables 2024: Money Never Sleeps

CPO Rising

In a 24/7/365 global business environment, where challenges from economic uncertainty, supply chain disruption, and changing technology continue to grow, cash management has never been more important, and that has… The post NEW WEBINAR: The State of ePayables 2024: Money Never Sleeps appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Behind the Mic: The Talent Drive Journey – Episode 99

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary In this special episode of the Talent Talks podcast, we have a new host, Warren Munson, founder of Evolve and The Evolve to Succeed Podcast interview our usual host Martin Smith, about his journey as an entrepreneur and running a recruitment group … Continued The post Behind the Mic: The Talent Drive Journey – Episode 99 appeared first on Talent Drive.

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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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What is Supplier Risk Management?

Art of Procurement

Supplier risk management is the effort associated with identifying, assessing, mitigating, and monitoring risks associated with an organization’s third party. The post What is Supplier Risk Management? appeared first on Art of Procurement.

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Who Really Cares About An SAP Senior Executive Departure?

Procurement Insights

We highlight on Supply Chain Matters yesterday’s sudden announcement of another SAP senior executive departure, that being Chief Technology Officer and Executive Board Member Juergen Mueller. [link] – Bob Ferrari LinkedIn post (September 5, 2024) The first thought that comes to my mind is this: Bob Ferrari : How does this benefit the end customer?

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U.K.'s M&S Deploys AI to Help Shoppers Choose Outfits

Supply Chain Brain

The automation of product descriptions using AI has risen to 80% from almost nothing in the past year.

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Invoice Management: Process, Challenges, System, & Best Practices

TYA Suite

Effective invoice management is more vital than ever in today's fast-paced corporate environment. Bill management entails a variety of tasks, including bill reception, payment, and recordkeeping. This practice is referred to as the management of invoices. As financial transactions become more complex and precise, financial reporting becomes more crucial, businesses must create robust systems to ensure smooth invoice processing.

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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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Biden Expected to Nix Sale of U.S. Steel to Japanese Manufacturer

Supply Chain Brain

The proposed $15 billion deal was first announced in December 2024, leading to months of scrutiny from the White House.

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