Wed.May 29, 2024

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Diversifying Beyond China: An Imperative for Global Supply Chain Resilience

Supply Chain Brain

With supply chains facing increasing complexities and risks, a “China Plus One” sourcing strategy has emerged as crucial for businesses operating on a worldwide scale.

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Campbell Soup restructures production footprint

Supply Chain Dive

The soup and snacks maker will invest $230 million for improvements to its supply chain.

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Why So Many Warehouse Automation Projects Fail

Supply Chain Brain

Too many warehouse automation projects are failing, leading to widespread layoffs in the autonomous mobile robots industry, and putting the future of organizations at risk.

Risk 111
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Kroger fulfillment center workers vote to join Teamsters

Supply Chain Dive

Drivers at the automated warehouse near Detroit voted by a 3-to-1 margin to be part of the union.

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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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BlueBox Systems Launches New Dashboard to Track Air, Ocean Cargo

Supply Chain Brain

The new data platform combines the company's BlueBoxAir and BlueBoxOcean systems to form a single dashboard to manage and monitor cargo.

Data 105
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‘Unprecedented’: Shipping group frets over USPS’ planned price hike

Supply Chain Dive

The Package Shippers Association said regulators should assess if there is enough competition for Parcel Select, a delivery service slated for a 25% average increase.

Price 115

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Ocean rates skyrocket, reflecting cautionary market

Supply Chain Dive

Shippers are grappling with the ongoing Red Sea conflict and pending East Coast labor contract renewal as demand is poised for growth at U.S. ports.

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Watch: What’s Preventing Us From Stopping Modern-Day Slavery in Supply Chains?

Supply Chain Brain

Tom Plotkin, special counsel with Covington & Burling LLP, outlines the challenges that companies face in complying with a wide range of laws and regulations, old and new, prohibiting the use of forced labor in supply chains.

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Ivalua NOW Americas 2024: Procurement [Re]Imagined

Spend Matters

Last week, the Spend Matters team attended Ivalua’s annual Americas conference in Miami, Florida. Located at the Faena Forum, the two-day event featured keynotes, breakout sessions, solution demonstrations, partner/sponsor booths and more. The first Ivalua NOW conference of 2024 took place in Versailles in March; we covered it here. Both conferences were titled ‘Procurement [Re]Imagined’ and highlighted the impact of AI (especially generative AI) on daily procurement tasks.

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The $10K Shipping Container Looms in Latest Trade Strains

Supply Chain Brain

With capacity stretched by more than five months of attacks on vessels in the Red Sea, the container shipping industry is scrambling to meet demand.

Demand 101
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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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ConvergentIS: Vendor Analysis — SAP P2P Partner solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of ConvergentIS and its solution for P2P enhancement on the SAP ecosystem. SAP’s impressive partner ecosystem includes numerous vendors that extend SAP’s capabilities. ConvergentIS is one of these partners. It compliments SAP’s P2P process by going beyond SAP’s standard offerings and delivering advanced functionalities, such as real-time visibility into vendor-specific metrics, flexible service entry sheet submission with

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Delay in Port of Baltimore Reopening Main Shipping Channel

Supply Chain Brain

The delay is due to the complexity and rigging needed to lift what remains of a 10-million-pound steel truss from the wreckage of the Key Bridge.

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Where the USPS’ network overhaul stands after consolidation pause

Supply Chain Dive

The agency will continue work this year at several existing and operating facilities throughout the country.

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Samsung Electronics Union Calls for First Strike in its History

Supply Chain Brain

The union — which represents a fifth of Samsung Electronics' workforce — has reportedly been in talks with management for months.

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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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Empower developers to focus on innovation with IBM watsonx

IBM Supply Chain Blog

In the realm of software development, efficiency and innovation are of paramount importance. As businesses strive to deliver cutting-edge solutions at an unprecedented pace, generative AI is poised to transform every stage of the software development lifecycle (SDLC). A McKinsey study shows that software developers can complete coding tasks up to twice as fast with generative AI.

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What is The Best Process Modeling Tool and Software?

Pipefy

Business process modeling (BPM) tools simulate business processes , most often to improve the performance of business strategies. Analysts can then use these tools to map out their current processes, identify the most significant areas for improvement, and create new methods for carrying out tasks more effectively. This post explores the most common types of business process modeling tools and provides specific examples.

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Episode 167: Bird (Flu) Watching – Tracking the Spread of H5N1 with Kris Lance

Una

EPISODE 167 Bird (Flu) Watching: Tracking the Spread of H5N1 with Kris Lance By Kelly Barner | May 29, 2024 The H5N1 virus (a.k.a. ‘Bird flu’) is not just spreading among birds in the supply chain. It has recently jumped to beef cattle and – in just a few cases – human beings. It has now been found in 32 herds in 8 states. But is it time to worry?

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The Top 11 Change Management KPIs to Track in 2024

Pipefy

Change is an inevitable aspect of any modern organization, requiring an effective strategy for successfully navigating tech transformations. Key performance indicators (KPIs) are vital tools for measuring the impact of change, as they provide insight into the effectiveness and long-term acceptance of change initiatives. Change management is different for every business, but there are common KPIs to measure employee engagement, adoption rate, and goal progress across companies, industries, and ge

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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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Embracing the Fractional CFO Model

Procurement Express

In today’s dynamic business landscape, the role of the fractional CFO has emerged as a transformative force, offering high-growth companies a strategic financial partner to drive their success. Chris Ortega, the renowned founder of Fresh FP&A, shares his expertise on the evolving fractional CFO model and the key qualities that define success in this niche.

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Ability to receive structured e-invoices to become mandatory in Germany in January 2025

Jaggaer

The post Ability to receive structured e-invoices to become mandatory in Germany in January 2025 appeared first on JAGGAER.

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The Power of Design Thinking

Procurement Express

Design is not just about aesthetics and fonts – it’s a powerful tool for solving problems and driving business success. As Pete Sena, CEO and Chief Creative Officer of Digital Surgeons, explains, design thinking is a fundamental pillar for thriving businesses across industries. By aligning design with strategic business goals, companies can unlock innovation, enhance customer experiences, and propel themselves to new heights.

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Technology Round-Up — May 29, 2024 (AP Edition)

CPO Rising

CPO Rising’s Technology Round-Up series continues this week with a special “Accounts Payable Edition,” featuring technology news — including several provider 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.

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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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The Spider Kills CLM Solution Providers, Risk Management May Be Next (Dr. Elouise Speaks)

Procurement Insights

Episode 4 of Dual Source Discourse drops tomorrow. Dr. Elouise published her Q2 2024 Spider Map a few weeks ago. This is the first time she’s completely eliminated an entire category of solution providers. Beware: there’s a 2nd category in danger of getting wiped out next time. During this episode, I interview Dr E about the drastic changes she’s made in her newest iteration.