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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‘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.

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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.

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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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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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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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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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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.

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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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Senate Mulls Tracking System for U.S. Supply Chains

Supply Chain Brain

The bill would establish a program to map and model U.S. supply chains, and look for potential gaps in manufacturing and distribution.

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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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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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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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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.

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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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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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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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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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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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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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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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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.