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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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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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.

Risk 101
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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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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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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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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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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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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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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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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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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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How to Deal with Difficult Stakeholders in 2024

NLPA (Next Level Purchasing Association)

With today’s mix of hybrid and remote work, knowing how to deal with difficult stakeholders has become more critical than ever. Navigating digital communication and shifting project priorities isn’t always easy, especially when stakeholders are challenging to engage. Below, we’ll go over some common signs of difficult stakeholders and provide practical strategies for overcoming these challenges.

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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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Technology Round-Up — October 16, 2024

CPO Rising

CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend… The post Technology Round-Up — October 16, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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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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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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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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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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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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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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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.