Wed.Jul 17, 2024

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DOT rolls out $5B in bridge infrastructure grants

Supply Chain Dive

The Bipartisan Infrastructure Law is funding 13 economically significant projects to address traffic and freight bottlenecks.

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Union Push at U.K. Amazon Warehouse Falls Short by 28 Votes

Supply Chain Brain

Just over 49% of workers voted in favor of unionizing, ending a two-year-long fight where employees held a series of strikes in a push for higher pay.

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Dimerco launches peak season charter capacity

Supply Chain Dive

The new Shanghai to Chicago service responds to expected freight constraints on air and ocean lanes.

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WMS Past, Present and Future: Where Is the Technology Heading?

Supply Chain Brain

Predictive AI models will power smarter inventory distribution, greater pick path efficiency and dynamic order grouping, thereby improving accuracy, reducing costs and accelerating throughput.

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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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The Art and Science of Demand Forecasting in Supply Chain Planning

Skill Dynamics

Struggling to anticipate customer demands? It’s impossible to know entirely how demand will pan out. However, demand forecasting is key to gaining some sense of control over your business during this turmoil. By accurately predicting future market trends that impact your organization, you can effectively navigate this changing market and drive sustainable growth.

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Watch: Case Study: An NGO Helps Multinationals to Tackle Modern-Day Slavery

Supply Chain Brain

A case study exploring how Hope for Justice and Slave-Free Alliance partnered with Exiger to adopt its supply chain visibility platform and pinpoint modern-day slavery problems across complex supply chains.

More Trending

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Damaged Internet Subsea Cables Repaired in Red Sea Amid Militant Attacks on Ships

Supply Chain Brain

The cables were severed by the anchor of a cargo ship sunk by Iran-backed Houthi militants in late February.

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Is a Product Sourcing Agent Right for My E-Commerce Business?

Procurement Freelancers

Starting an online store is exciting, but you may face many obstacles you can’t overcome.… The post Is a Product Sourcing Agent Right for My E-Commerce Business? first appeared on Procurement Blog | Procurement & Supply Chain News.

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AOP Introducing… Tonkean Enterprise Copilot

Art of Procurement

Procurement intake processes are often misunderstood by other areas of the business, and having to constantly guide distributed buyers through. The post AOP Introducing… Tonkean Enterprise Copilot appeared first on Art of Procurement.

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Procurement Magazine: Top 10 Procurement Orchestration Platforms

Arkestro

With modern procurement moving quicker than ever before, it has evolved from a simple purchasing function to a complex orchestration of strategic roles

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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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The Top 10 Manufacturing ERP Software Options for 2024 | Ecommerce

Finale Inventory

In a fast-paced, technology-driven business environment, having the right software is key for the success of any manufacturing company. Enterprise Resource Planning (ERP) software plays a significant role in streamlining operations, improving efficiency , and enhancing overall productivity. As we look forward to 2024, it’s important to stay updated on the latest trends and options available in the market.

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US Manufacturer Achieves Significant Savings in North America-wide Logistics Event

Arkestro

Case Studies / US Manufacturer Achieves Significant Savings in North America-wide Logistics Event US Manufacturer Achieves Significant Savings in North America-wide Logistics Event An Arkestro Manufacturing customer, with a largely North American footprint, recently conducted a large event using the Arkestro PPO Platform to increase efficiencies for outbound transportation.

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The Fundamentals of Merchandise Planning: An In-depth Process Overview | Ecommerce

Finale Inventory

Merchandise planning is a key aspect of any successful ecommerce business. It involves the strategic process of determining what products to offer, in what quantities, and at what prices to ensure profitability and customer satisfaction. This comprehensive guide covers the key components, challenges, role of technology, and future trends in merchandise planning.

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Episode 174: Financial Positioning for Lasting Growth with Lonnie Bloom

Una

EPISODE 174 Financial Positioning for Lasting Growth with Lonnie Bloom By Kelly Barner | July 17, 2024 Fast growth company leadership teams have a lot on their plates. They are balancing building a solution or offering, building brand recognition, and closing deals. But no concern is higher priority than funding. In order to secure that funding, they also need to invest in accounting – and it is never too soon to get started.

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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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Tackling the Bullwhip Effect: Causes and Solutions in Supply Chains | Ecommerce

Finale Inventory

In today’s rapidly changing business environment, supply chains are crucial to the success of ecommerce companies. However, even the most efficient supply chains can be affected by a phenomenon known as the Bullwhip Effect. This article will examine the causes of the Bullwhip Effect and discuss strategies to mitigate its impact. By understanding and addressing this issue, businesses can optimize their supply chains and enhance customer satisfaction.

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Haventus – P2P Implementation

Barkers Procurement

Haventus are an energy transition facilities provider developing a port infrastructure for offshore wind generation production at Ardersier, Scotland. Scheduled to open in 2025, this world-leading hub will provide Scotland’s largest facility on the North Sea coast for deploying and servicing offshore wind installations. The scale of infrastructure and construction required is substantial with millions of pounds of investment required to maintain an ambitious build schedule.

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Key Retail KPIs: 27 Essential Metrics to Track in 2024 | Ecommerce

Finale Inventory

In retail, staying ahead of the competition requires a keen understanding of key performance indicators (KPIs). These metrics help evaluate the success and effectiveness of various aspects of a retail business, enabling retailers to make informed decisions and drive growth. This article covers the importance of retail KPIs, breaks down the main metrics to track, discusses the future of KPIs in 2024, and provides insights into implementing and optimizing KPI tracking in the ecommerce sector.

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A Comprehensive Guide for Request for Quotation (RFQ)

TYA Suite

What is Request for Quotation (RFQ)? (RFQ) is a formal process used by organizations to solicit bids from suppliers for specific goods or services. It involves requesting a quotation that details pricing and specifications. The request for quotation process helps procurement teams gather accurate quotes to compare and select the best supplier. This quote process is critical for ensuring competitive pricing and high-quality procurement.

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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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Navigating In-transit Inventory: Key Terms and Conditions | Ecommerce

Finale Inventory

In-transit inventory is critical in ecommerce. It refers to goods and products in the process of being transported from one location to another. For businesses, managing in-transit inventory is necessary to ensure the smooth flow of goods, maintain customer satisfaction, and optimize operations. Understanding In-transit Inventory To navigate in-transit inventory effectively, it’s important to have a clear understanding of what it entails.

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How to Build an Effective Procurement Strategy for 2024

TYA Suite

Procurement strategy is the cornerstone for sustained growth when negotiating the complexity of today's corporate environments. Traditionally, procurement strategy entails meticulous planning to procure goods and services efficiently, aligning with organizational goals. However, the advent of digital procurement strategy has revolutionized the paradigm.

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NEW WEBINAR: Beyond Automation: How Intake & Orchestration Can Help Procurement Win in 2024

CPO Rising

Join Ardent Partners and ZIP on July 31st (2 PM ET) for a webcast on Beyond Automation: How Intake & Orchestration Can Help Procurement Win in 2024. Driving more spend under management while simultaneously freeing up time for procurement professionals might seem unattainable.

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Purchase Order Management: A Comprehensive Guide

TYA Suite

Purchase order (PO) management is a vital aspect of procurement, encompassing the systematic handling of purchase orders from creation to fulfillment. In today's dynamic business environment, efficient po management is essential for optimizing inventory levels, controlling costs, and maintaining strong supplier relationships. By leveraging technology and best practices, organizations can streamline the purchase order process, enhance transparency, and drive operational excellence.

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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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Marketing Leader Stacy Kirincic on Dominating Male-Dominated Industries like Supply Chain

Let's Talk Supply Chain

Hurricane season is always deeply volatile for supply chains, and this year it’s extreme. Recently, hurricane Beryl barreled through Texas leaving millions in the dark, shaking up lives, and driving $ 32B in federal storm damage expenses. The same storm left thousands of homes in Jamaica without electricity after the country was slammed by twelve hours of heavy rain.

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How to Choose the Best Purchase Order System for Small Business

TYA Suite

Managing orders efficiently is crucial for any small business. A robust purchase order system can streamline procurement, manage expenses, and maintain smooth operations. In this guide, we’ll delve into how to choose the best purchase order system for small business, ensuring you make an informed decision. The Importance of a Purchase Order System A purchase order system for small businesses streamlines the procurement process by automating the creation, approval, and tracking of purchase orders

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Biden Admin Pledges $5B for Bridges to Shore Up 'Critical' Freight Corridors

Supply Chain Brain

The money will go toward rebuilding, repairing and restoring 13 "nationally significant" bridges across 16 states.

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Why Your Business Needs a Cloud-Based Purchase Order System

TYA Suite

Maintaining efficiency and organization is essential in the fast-paced business world of today. A offers a seamless solution for managing your. By implementing a cloud-based purchase order system, businesses can streamline operations, enhance accuracy, and gain real-time visibility into purchasing activities. This innovative cloud purchase order software simplifies tracking, approval, and reporting, making it an indispensable tool for modern enterprises.

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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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New Proposed Trump Tariffs Could 'Fundamentally Alter' U.S. Supply Chains

Supply Chain Brain

Trump's proposal would include a 60% tax on all goods from China, which accounted for roughly 15% of all U.S. imports in 2023, by value.

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Best Inventory Management Software for Small Businesses

TYA Suite

In today’s competitive market, effective inventory management is critical for small businesses looking to optimize operations, reduce costs, and improve customer satisfaction. With the right inventory management system, small businesses can streamline processes, gain real-time insights, and ultimately drive growth. This comprehensive guide explores the for small businesses, highlighting key features, benefits, and considerations to help you make an informed decision. , is a digital tool that hel

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Data democratization, data virtualization, and Ozempic

Procurement Insights

Okay, I will start this post in one direction, seemingly go off on another track, and then return to the original starting point. Trust me, there is a logical tie-in and a-ha moment. Here Is The First Part – Analyst resets outlook for 3 huge tech stocks The analysts believe estimates for future earnings for the trio of Mag 7 stocks underestimates new AI system costs – Charley Blaine , The Street (Updated:Jul 16, 2024 9:59 PM EDT) Analysts look deeply into the earnings details of comp

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