Wed.Oct 16, 2024

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USPS looks to end dual shipping labels

Supply Chain Dive

The agency submitted a proposal to eliminate the practice as it transforms its relationships with shipping partners like UPS and DHL.

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Crane Collapses After Collision with Cargo Ship in Keelung Port

Supply Chain Brain

Port authorities are working closely with the terminal’s management to ensure the port’s operations can resume normal activity as quickly as possible.

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Who owns ‘Risk?’ – Procurement vs other functions

Spend Matters

Continuing our third-party/supply chain risk management (TPRM/SCRM) series, today let’s address the question of ‘who owns risk?’ In the past, risk ownership has been addressed in a straightforward operational manner: IT owned cyber risk, finance guarded financial risk and so on. While this functional silo approach is simple, it is inadequate in today’s interconnected business… This content is for members only.

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Global disruptions, e-commerce drive September air cargo volumes

Supply Chain Dive

Extreme weather and labor unrest are putting shippers and forwarders to the test, making October a 'whole new ballgame,' said Xeneta’s Niall van de Wouw.

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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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Do CPOs and procurement professionals in general share the same nightmares?

Procurement Insights

I was somewhat young when I first watched the 1966 Dracula: Prince of Darkness movie with Christopher Lee in the star role. As a side note, my older brothers always felt the Bela Legosi’s earlier version was much better, but I disagreed. Anyway, after watching the movie one Saturday night, I was a little creeped out. So, that night under a cross my brother made with burnt matchsticks at camp, I wore a turtle neck sweater to bed.

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Drought shrivels cotton, delays wheat planting in US Plains

Supply Chain Dive

At least 44% of winter wheat production is currently affected by the dry conditions, per the Department of Agriculture.

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More Trending

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Graduating Debt-Free: Strategies for Financial Success

Procurement Express

Graduating from college is a significant milestone, but for many, it comes with the burden of student debt. However, there are ways to navigate through college without accumulating debt. In this blog, we will explore practical strategies and insights shared by experts who have successfully graduated debt-free, along with tips on managing finances effectively.

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EU, China Face Hurdles in Clinching EV Deal Before Tariffs Start

Supply Chain Brain

China has threatened to raise tariffs on large-engine vehicles and said it will start collecting duties on cognac, in moves that would hit the EU’s two largest economies.

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The Dark Side of Debt: Navigating Distressed Financial Landscapes

Procurement Express

In an unpredictable financial environment, understanding the complexities of debt can be crucial for businesses. This blog delves into the intricacies of distressed debt, exploring how companies can navigate these challenging waters and the implications of financial mismanagement. Drawing from real-world experiences, we will explore the dynamics of distressed debt funds, covenants, and the process of reorganization through Chapter 11 bankruptcy.

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Ocean Carrier ONE Reports Scope 1 Emissions Reduced by 62%

Supply Chain Brain

ONE has also gained Approval in Principle (AiP) for an ammonia dual-fueled vessel, and has made strategic investments in 12 13,000 TEU methanol dual-fuel vessels.

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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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Amazon Shipping joins EasyPost’s carrier roster

Supply Chain Dive

The ground delivery service has grown its base of partners as it looks to attract more volume.

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GM Invests $625M in EV Battery Material Mining Operation

Supply Chain Brain

GM is aiming to source more of its raw materials for electric vehicles from the U.S, to manage battery cell costs and decrease its reliance on imported materials.

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What is Procure-to-Pay (P2P) Cycle? Process & Best Practices

TYA Suite

The procure-to-pay (P2P) cycle is a critical process that encompasses the entirety of procurement and payment activities within an organization. It entails the actions taken from purchasing to paying for the products or services. Efficient management of the P2P process cycle is critical for enhancing operational efficiency, controlling costs, improving supplier relationships, and ensuring compliance.

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Canada Labor Minister Calls for Mediator to Resolve Port of Montreal Labor Dispute

Supply Chain Brain

In early October, the CUPE claimed that talks had stalled out over how the MEA manages scheduling, with the union pushing for a better work-life balance.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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Transforming NHS Procurement: Harnessing data and innovation to deliver patient safety

Spotlight on Procurement

Simon Clark, Managing Director of Birmingham and Solihull Procurement Collaborative, and Matt Oram, CEO & Co-founder of AdviseInc Ltd, dive into the critical role of procurement in the NHS, focusing on the challenges and opportunities presented by data management, financial constraints, and the evolving nature of supply chain practices in healthcare.

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How CPG Brands Can Move Beyond Price Hikes to Fuel Revenue Growth

Supply Chain Brain

The consumer packaged goods industry finds itself at a critical juncture with 2025 on the horizon.

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Zoom in on Financial Risk

Spend Matters

Financial risk relates to the possible financial problems faced by a buying organization’s suppliers, its suppliers’ suppliers (and so on) or other third parties. In an extreme case, the supplier or third party may go out of business, causing a short- or longer-term interruption to supply. But even if matters don’t go that far, what the buyer might begin to observe in the face of a supplier’s impending failure is a decline in quality and timeliness of service, requests for early invoice payments

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