Tue.Aug 06, 2024

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South Africa Can Fix Backlogged Ports in a Year, Minister Says

Supply Chain Brain

The collapse of rail, ports and other infrastructure — exacerbated by years of poor governance — have hamstrung Africa’s most industrialized economy.

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The Role of Sourcing Consultants in Navigating Supply Chain Disruptions

Procurement Freelancers

There will inevitably be supply chain disruptions in the modern, globalized economy. These disruptions, which… The post The Role of Sourcing Consultants in Navigating Supply Chain Disruptions first appeared on Procurement Blog | Procurement & Supply Chain News.

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Trending Sources

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BMW to Open Five New EV Battery Plants Across Three Continents

Supply Chain Brain

The factories will be built in the U.S. in South Carolina, Germany's Lower Bavaria region, Shenyang, China, Debrecen, Hungary, and San Luis Potosi, Mexico.

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DHL Express launches surcharge ahead of peak season

Supply Chain Dive

The logistics company attributed the fee to heightened seasonality as China-based e-commerce volumes grow.

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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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Boeing Workers Allege Culture of Rushed Work, Low Safety Standards

Supply Chain Brain

One worker claimed that his team was "replacing doors like we were replacing our underwear," and that planes would arrive "jacked up every day.

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Trucking carriers haul more retail freight as industrial demand lags

Supply Chain Dive

Less-than-truckload companies Old Dominion Freight Line, Saia and TForce Freight are all eager for a rebound in manufacturing demand.

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More Trending

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Canadian National, CPKC to resume contract talks with Teamsters

Supply Chain Dive

Representatives from the railroads and union agreed to meet Wednesday as a potential strike looms.

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Manufacturing’s Hidden Risk Will Be Outdated SAP Systems

Supply Chain Brain

By understanding the specific threats that have historically targeted SAP systems, companies can better prepare and mitigate potential risks.

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A “be all you can be” promo video for AI?!?

Procurement Insights

EDITOR’S NOTE: Today’s post is inspired by a 1:46 #DPWNYC video titled “ How Can Leaders Achieve The Exponential Impact of AI.” I will start by sincerely apologizing for what I am about to write, but I watched this video multiple times, and it didn’t say anything new. As much as I wanted to like it, it was like a “be all you can be” promo video for AI.

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Bombardier considers whether M&A could alleviate supply chain woes

Supply Chain Dive

President and CEO Éric Martel noted that the planemaker is facing issues with engine supply.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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Will Tech and AI make Category Manager roles irrelevant?

The Procuretech Podcast

This episode of The Procurement Software Podcast delves into the impact of technology and AI on category manager roles in procurement. Host James Meads explores how advancements in tech can potentially change the landscape of procurement and discusses specific areas like spend analytics that can benefit from AI applications. Tune in to learn more about the evolving role of category managers in the era of technological advancements.

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Importance of Supplier Relationship Management (SRM) in Procurement

TYA Suite

has become more than just buying products and services in the modern era. It is becoming an essential activity. At its core, procurement involves building and maintaining robust relationships with suppliers to ensure a seamless flow of operations. This is where supplier relationship management (SRM) plays a pivotal role. SRM is a comprehensive approach that focuses on strategically planning and managing interactions with third-party vendors that supply goods and services to an organization.

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Techniques of Inventory Control to Improve Inventory Management Efficiency

TYA Suite

Effective inventory management is crucial for businesses aiming to optimize operational efficiency and meet customer demand without excessive costs or shortages. Implementing advanced techniques of inventory control can significantly enhance these efforts. By leveraging data-driven insights, businesses can streamline procurement, minimize carrying costs, and ensure adequate stock levels.