Sun.Oct 06, 2024

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Why Manufacturers Are Failing in Their AI Initiatives

Supply Chain Brain

Artificial intelligence has the power to transform manufacturing — but the industry’s current strategy for implementing it is “deeply flawed.

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Starbucks Experiments with Weatherproof Coffee

Procurement Bulletin

Handling the Supply Chain Talent Shortage Apparently there’s a shortage of talent in the supply chain and logistics fields, and universities are trying to catch up to providing adequate foundational knowledge in the area. The Bureau of Labor Statistics projects there will be a 19% increase in hiring within the logistics industry between now and 2033.

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Trending Sources

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How AI Brings Clarity to Lost or Stolen Products From DC to Store

Supply Chain Brain

Shrink impacts retailers in multiple ways across the product journey. Yet there’s one station that comes with a little more mystery: the “in-between.

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7 Steps to Building a Strong Capability Framework

Art of Procurement

“Procurement teams face increasing pressure to demonstrate value and drive business outcomes, but sometimes there’s a disconnect between the skills. The post 7 Steps to Building a Strong Capability Framework appeared first on Art of Procurement.

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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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U.K. Businesses Push Against EV Congestion Charge

Supply Chain Brain

The ­businesses say introducing the charge for EVs will hinder the already sluggish take-up of electric vans used for deliveries to homes and businesses.

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What is Vendor-Managed Inventory (VMI)? Enhancing Supply Chain

TYA Suite

Vendor-managed inventory (VMI) has become a crucial strategy in modern supply chain management, enabling businesses to enhance efficiency, reduce costs, and strengthen relationships with suppliers. This comprehensive guide will explore every facet of vendor-managed stock, from its fundamental concepts to its implementation, benefits, challenges, and best practices, providing in-depth knowledge that can help businesses make informed decisions.

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What Are Procurement KPIs? The Complete Guide to Key Metrics

TYA Suite

The role of procurement has changed in the modern business climate from just buying products and services to becoming a strategic one that has a big impact on an organization's bottom line. Effective performance monitoring and measurement is essential to guarantee that procurement operations provide maximum value and align with corporate objectives.

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Introducing SourceDay Intelligence

Supply Chain Brain

Direct materials procurement platform SourceDay has introduced SourceDay Intelligence.

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A ProcureTech GenAI Implementation Update

Procurement Insights

As a solution provider’s implementation team is busy working behind her to address a “few issues,” a top executive discusses their progress, including the active campaign, to land new business.