UPS to cut sorting shifts in New York, Rhode Island and Virginia
Supply Chain Dive
FEBRUARY 20, 2024
The looming closures add to layoffs the delivery giant is making at facilities in at least five other states.
Tue.Feb 20, 2024
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IoT in the Supply Chain: Why Do We Need It?
Supply Chain Brain
FEBRUARY 20, 2024
Manufacturers looking to deploy IoT in that time should partner with specialists to help them deliver their vision.
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Trending Sources
Climate change predictions: Anticipating and adapting to a warming world
IBM Supply Chain Blog
FEBRUARY 20, 2024
In an era of accelerating climate change , predicting the near-future can yield major benefits. For instance, when utility officials are aware that a heat wave is on its way, they can plan energy procurement to prevent power outages. When farmers in drought-prone regions are able to predict which crops are susceptible to failure , they can deploy additional irrigation.
The Supply Chain Industry: A Rewarding Career for GenZ
Supply Chain Brain
FEBRUARY 20, 2024
The next batch of graduates are a part of GenZ, and many facets of supply chain industry jobs are what they’re looking for in their entry level experiences.
GEP Spend Category Outlook Report 2025
Advertiser: GEP
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.
Under Armour inventory ticks closer to normal as freight, supply costs fall
Supply Chain Dive
FEBRUARY 20, 2024
The sportswear brand — finally — posted a decline in stock levels while executives said it has worked with vendors to lower product costs.
ONE Increases Transpacific Service with Asia Pacific 1 Service
Supply Chain Brain
FEBRUARY 20, 2024
The inaugural sailing for AP1 service is expected to commence in late Spring, around April or May, with specific details to be announced soon.
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More Trending
EU Industry Calls for Green Shift Help to Rival China and U.S.
Supply Chain Brain
FEBRUARY 20, 2024
Over 70 business and industry leaders are urging the bloc to introduce a European Industrial Deal to boost competitiveness during the shift.
Industrial robot orders plunge in 2023 after record stretch
Supply Chain Dive
FEBRUARY 20, 2024
Sales in North America dropped 30% as companies grappled with a tougher economic climate, according to the Association for Advancing Automation.
Gartner: Top Supply Chain Orgs Use AI at Twice the Rate of Lower-Performing Peers
Supply Chain Brain
FEBRUARY 20, 2024
Forty percent of the high performers surveyed said that they are using AI/ML for demand forecasting, while that figure came in at just 19% for the lower performers.
Gen Z workers say they are worried about AI replacing them
Supply Chain Dive
FEBRUARY 20, 2024
Most workers want to use generative AI tools more in the workplace, but some have concerns about their roles in the near future, says a D2L survey.
5 Ways You Can Win Faster with Gen AI in Sales
Advertiser: ZoomInfo
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.
The 25 Hottest European Procurement Startups
Procurement Software
FEBRUARY 20, 2024
Procuretech in Europe is buzzing right now. European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. Despite a slowdown in funding and a cautious economic outlook, there’s plenty of innovation in this space. Lots of European procurement tech startups are still in early or growth phase.
Naval Escort Helps CMA CGM Ship Pass Through Red Sea Despite Recent Attacks
Supply Chain Brain
FEBRUARY 20, 2024
The EU announced February 19 that it plans to begin its own naval missions to protect shippers passing through the Red Sea.
From Reactive to Proactive: How Predictive Procurement Reshapes the Industry
Arkestro
FEBRUARY 20, 2024
Resources / Blog / From Reactive to Proactive: How Predictive Procurement Reshapes the Industry From Reactive to Proactive: How Predictive Procurement Reshapes the Industry The procurement workload is expected to increase by 10.6% in 2023 , even as organizations continue to grapple with talent shortages, budget cuts, supply chain issues, and global inflation.
Terminal Operator Holt Logistics Being Reviewed for Anticompetitive Behavior
Supply Chain Brain
FEBRUARY 20, 2024
An investigator said in an email to Tri State Intermodal that the FMC was reviewing information and documents provided by truckers.
GEP Outlook Report 2025
Advertiser: GEP
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
Embracing Challenges and Change to Succeed in the Ever-Evolving World of Procurement with Tim Elliott, Head of Procurement at Leaders Romans Group #88
Procurement Talk with David Byrne
FEBRUARY 20, 2024
Listen on Apple Podcasts Episode show notes “The most critical thing right now is to really develop the relationships with the people you work with, spend time with them understand them really well and form as trusting a relationship as you possibly can” Tim has had a diverse journey in procurement, working in … Continued The post Embracing Challenges and Change to Succeed in the Ever-Evolving World of Procurement with Tim Elliott, Head of Procurement at Leaders Romans Group #88 appeared f
EU Approves $7.4B in Funding for Hydrogen Supply Chain
Supply Chain Brain
FEBRUARY 20, 2024
The money will support 32 companies working on 33 projects along the EU’s hydrogen value chain and likely unlock over $5.81 billion in private investments.
Magnus Mondays — Navigating the Raw Essentials: A Primer on Direct Materials
CPO Rising
FEBRUARY 20, 2024
In one of my articles about suites vs. specialists, I briefly mentioned dedicating a future piece to direct materials. Today’s article will do just that. I’ll look at direct materials sourcing and what makes it unique and complex. In an upcoming piece, I’ll explore other areas of procurement tech where direct materials need special attention.
S&P: Carmakers Shrug off Red Sea Disruptions
Supply Chain Brain
FEBRUARY 20, 2024
The current earnings reporting season indicates the impact on supply chains may not be as significant as initially feared
10 Ways to Leverage Buyer Signals and Drive Revenue
Advertiser: ZoomInfo
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.
Are companies responsible for the actions of their AI Chatbots?
Procurement Insights
FEBRUARY 20, 2024
Here are the excerpted facts regarding an airline, a bereaved customer, and an AI Chatbot with a mind of its own. Jack Moffat, a Vancouver resident, had asked the airline’s support chatbot whether it offered bereavement rates following the death of his grandmother in November 2022. The chatbot responded by telling the grieving grandson he could claim the lower price up to 90 days after flying by filing a claim.
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