Mon.Sep 16, 2024

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Keeping your supply chain on track with real-time data

All Things Supply Chain

Since the Covid-19 pandemic, supply chains have faced geopolitical tensions, environmental challenges and significant disruptions, like the bridge accident in Baltimore.

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CPO Crunch: See savings as a starting point

Procurement Leaders

Savings can be a dirty word in the complex, angst-ridden world of procurement. Ask your average CPO to talk about the issue and the chances are the conversation will quickly become derailed. Two reasons. First, many CPOs view savings as fundamental, but no longer strategically critical to their strategies. In many conversations I’ve had over the years, savings have been explained away as housekeeping, the basics, an enabler to procurement being trusted enough to drive more ambitious projects and

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Port of Long Beach ready for potential East Coast strike cargo diversions

Supply Chain Dive

Marine terminal operators are willing to extend gate hours if needed, CEO Mario Cordero said in a press conference.

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The Strait of Malacca: A Test of Global Supply Chain Partners

Supply Chain Brain

The Strait of Malacca stands as a critical, yet increasingly vulnerable, artery of global commerce.

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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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FedEx unveils 5.9% rate increase, surcharge hikes for 2025

Supply Chain Dive

Residential deliveries, two-day air shipments and bulky packages are among those targeted by the Jan. 6 price hikes.

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Unlocking the Potential of AI in Evolving EDI Landscapes

Supply Chain Brain

EDI stands at the vanguard of digital supply chain evolution.

More Trending

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Biden Admin Pushes to Curb Flood of Duty-Free Imports from Temu, Shein

Supply Chain Brain

Biden's proposal would make it so de minimis exemptions no longer cover any imports subject to current tariffs on a variety of low-value Chinese goods.

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Amazon trims California warehouse footprint

Supply Chain Dive

The e-commerce giant is closing facilities in Irvine and West Sacramento, impacting more than 300 employees.

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Boeing Starts Hiring Freeze, Weighs Temporary Furloughs

Supply Chain Brain

The planemaker will also stop issuing “a majority” of its supplier purchase orders for the 737, 767 and 777 jetliner programs affected by the walkout.

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Employers increasingly shed jobs, reflecting economic uncertainty

Supply Chain Dive

Hiring intentions fell to the lowest year-to-date total since data tracking began in 2005, Challenger, Gray & Christmas said.

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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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Port of Seattle Identifies Hacker Group Behind August Cyberattack

Supply Chain Brain

The attack on August 24 took down the port's systems for its maritime operations and Seattle-Tacoma International Airport.

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Dynamic Pricing: Definition, Types and How to Implement it in 2024

SCMDOJO

When determining the selling price of their goods or services, businesses may use a variety of pricing models and algorithms. One approach is dynamic pricing, in which an item’s price is continuously adjusted according to certain criteria. Developing an efficient pricing plan might be aided by familiarizing yourself with a dynamic pricing model.

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New CEO Wants Norfolk to Move On After ‘Brutal’ 18 Months

Supply Chain Brain

George said he plans to draw on his experience with factory floor productivity and quality control strategies to improve Norfolk Southern’s operations.

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DHL Express expands peak season air cargo capacity

Supply Chain Dive

The logistics company plans to deploy freighters and expand its ground handling network to meet growing e-commerce demand.

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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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Watch: Case Study: How Creativity Inc. Slashed Its Parcel Spend

Supply Chain Brain

A case study about how Reveel helped Creativity Inc. realize savings in its parcel-shipping program.

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Preparing for the next black swan event

Supply Chain Dive

Prepare for the next black swan event with strategic risk management—because the unexpected is inevitable.

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Why Nearshoring and Reshoring Are Gaining Popularity

Procurement Freelancers

Companies have to deal with difficult supply chains in this globalized economy. Long lead times,… The post Why Nearshoring and Reshoring Are Gaining Popularity first appeared on Procurement Blog | Procurement & Supply Chain News.

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Purple revamped its supplier and logistics network. Here’s why.

Supply Chain Dive

The mattress maker sought an increase in gross margin by diversifying its sourcing and simplifying its delivery operations.

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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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Rossum and Barkers Partner to Optimize Coupa and Automate Procurement

Barkers Procurement

Rossum, a leader in intelligent document processing , announced a partnership with Barkers, a leading consultancy specializing in digital transformation and procurement advisory. This partnership will offer organizations a unique opportunity to optimize their use of Coupa and streamline their procurement processes. By identifying areas for improvement and optimization, Barkers can help organizations unlock the full potential of their Coupa investment, while leveraging Rossum’s intelligent

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The Benefits of Focusing on Supplier Centricity and Supplier Experience

HICX

Voice of the Supplier Survey 2024 Building strong supplier relationships is more crucial than ever in today’s competitive business environment. However, our 2024 Voice of the Supplier Survey uncovered some critical insights that revealed that, rather than being set up for success, suppliers often feel too stretched to innovate, as they explain what they feel would make for better communication and more effective processes.

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Technology breakthroughs – including GenAI is a journey, not a destination!

Procurement Insights

I am not going to name names out of respect for confidentiality. However, I will share one of the many recent exchanges I have had with solution providers—big and small—who have reached out to me to assess their solution development tracks. Solution Provider: As per our exchanges, happy to have a demo of our AI solution as discussed. I would, however, prefer that this is not being recorded – most players out there have no real use cases, and there is a lot of hype.

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How to Save Money with Supplier Information Management

HICX

According to the Logistics Bureau , strategically reducing supply chain costs can substantially boost net profits, while the scope for potential reductions remains wide open. This underlines the importance of taking a structured approach to savings within organizations’ supply chains, in which a customized SIM platform can act as a catalyst for uncovering hidden savings and driving operational excellence.

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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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Magnus Mondays — The Supplier Management Tech Series — Part 3: Supplier Performance Management

CPO Rising

Three weeks ago, I started a series on the components of supplier management solutions. So far we’ve covered the platform capabilities (i.e., functionalities used across the other components/modules) and Supplier… The post Magnus Mondays — The Supplier Management Tech Series — Part 3: Supplier Performance Management appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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426: Discover the Truth About Digitalization in Container Shipping in 2024, with DCSA

Let's Talk Supply Chain

  Today I’m joined by Digital Container Shipping Association , otherwise known as DCSA. DCSA is a non-profit organization driving standardization and digital innovation in the container shipping sector. Founded by major ocean carriers, DCSA drives initiatives to make container transportation services transparent, reliable, easy to use, secure, and environmentally friendly.

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Scudder and Epstein on Sales – My Take

Procurement Insights

In episode 19 of their podcast DUALSOURCE DISCOURSE , the dynamic duo of the virtual airwaves, Sarah Scudder and Dr. Elouise Epstein discussed “salespeople.” Click on the link above to access the original post and the segment. In the meantime, here is the comment I left on the segment’s LinkedIn discussion screen: Regarding salespeople, here is an excerpt from a recent post: Providers are selling to hit numbers versus engaging prospective clients to solve “real” problems.

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