EG America names new VP of procurement
Supply Chain Dive
JANUARY 29, 2024
Less than two weeks after undergoing corporate layoffs, the c-store retailer has hired BJ’s Wholesale Club’s former director of strategic sourcing and procurement.
Mon.Jan 29, 2024
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New research: supply chain transparency – enabling insights into the invisible
Procurement Leaders
JANUARY 29, 2024
In association with SAP: Discover the actions and capabilities that are enabling leading organisations to improve supply chain visibility
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Amazon’s $1B investment fund eyes last-mile tech, AV startups
Supply Chain Dive
JANUARY 29, 2024
The Industrial Innovation Fund is expanding its scope to include transportation-related investments, according to its director.
Retailers Are Planning to Shake Things up in 2024, Survey Finds
Supply Chain Brain
JANUARY 29, 2024
Overall, the report found most executives are feeling optimistic about business. Less than 10% of respondents expected sales to decrease year-over-year.
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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.
Retailers have finally tamed their inventories: report
Supply Chain Dive
JANUARY 29, 2024
Sales growth outpaced inventory in the third quarter for the first time since the pandemic began, according to Telsey Advisory Group analysts.
How does data deduplication work?
IBM Supply Chain Blog
JANUARY 29, 2024
Recent years have witnessed an explosion in the proliferation of self-storage units. These large, warehouse units have sprung up nationally as a booming industry because of one reason—the average person now has more possessions than they know what to do with. The same basic situation also plagues the world of IT. We’re in the midst of an explosion of data.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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End Customers Responsible for 33% of Late Deliveries in Aerospace Supply Chain
SCMR (Supply Chain Management Review)
JANUARY 29, 2024
A study from global manufacturing tech firm TRIGO finds that one-third of late deliveries in aerospace manufacturing are the result of the end customer and not the supplier.
The AI Assistant for everyone: watsonx Orchestrate combines generative AI and automation to boost productivity
IBM Supply Chain Blog
JANUARY 29, 2024
What if employees had the ability to effortlessly delegate time-consuming tasks, access information seamlessly through simple inquiries, and tackle complex projects within a single, streamlined application? What if customers had access to an intelligent, friendly virtual agent to provide answers and enable self-service experiences around the clock? This technological revolution is now possible, thanks to the innovative capabilities of generative AI powered automation.
Sphera SCRM: Vendor Analysis 2023 Update — SCRM solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
JANUARY 29, 2024
This Spend Matters Vendor Analysis gives an updated overview of Sphera’s SCRM solution, a solution built to improve supply chain resilience by tackling both predictable and unpredictable risks. Sphera SCRM is the new name of riskmethods, an SCRM specialist that was founded in 2013 and has been extensively covered by Spend Matters. Although Sphera (the company, not the SCRM module) is a few years younger than riskmethods, it acquired riskmethods in 2022 to complete its ESG-focused offering with r
Business continuity vs. disaster recovery: Which plan is right for you?
IBM Supply Chain Blog
JANUARY 29, 2024
Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. While the terms are closely related, there are some key differences worth considering when choosing which is right for you: Business continuity plan (BCP): A BCP is a detailed plan that outlines the steps an organization will take to return to normal business functions in the event of a disaster.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
Advertiser: GEP
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.
US DOT Makes Intermodal Infrastructure Investments
Supply Chain Brain
JANUARY 29, 2024
The awards, announced January 25, will make considerable investments in intermodal freight infrastructure.
The critical need for dangerous goods compliance
Supply Chain Dive
JANUARY 29, 2024
Education, resources and regulatory support can help shippers avoid fines and other penalties.
What is the “Cando” executive mindset for AI adoption?
Procurement Insights
JANUARY 29, 2024
EDITOR’S NOTE: The following is a recent post by Cando Rail & Terminals President & CEO Brian Cornick. My response follows: “Joe McKendrick highlights the persistent staffing issues affecting supply chains, particularly in the context of labor shortages across design, production, and distribution. The solution may be AI and automation.
Tankers Hauling Kuwaiti Oil Veer From Red Sea After Friday Blast
Supply Chain Brain
JANUARY 29, 2024
Despite the diversions, lots of tankers — many hauling Russian oil — continue to ferry barrels through the waterway.
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
Think Decision first, Data and AI later
Supply Chain Trend
JANUARY 29, 2024
“Companies with flaky master data would be wise to cleaning that up first before embarking on DI.”, a comment on my last blog about Decision Intelligence said. I surely agree, data is absolutely important when implementing technology. It already was when I was implementing ERP or APS systems 20+ years ago. And it still is. Garbage in is still garbage out indeed.
Digital transformation examples
IBM Supply Chain Blog
JANUARY 29, 2024
A digital transformation is an overhauled, digital-first approach to how a business is run. The digital world is evolving quickly with new products and digital technologies that require vigorous digital transformation initiatives. The main goal of a digital transformation is to use new digital technologies throughout all aspects of a business and improve business processes.
Watch: The Impact of Biden’s Executive Order on AI
Supply Chain Brain
JANUARY 29, 2024
Attorney and legal technology expert Colin S. Levy explains the scope of President Biden’s recent executive order on the development of artificial intelligence, and speculates about its long-term implications.
The blueprint for a modern data center
IBM Supply Chain Blog
JANUARY 29, 2024
Part one of this series examined the dynamic forces behind data center retransformation. Now, we’ll look at designing the modern data center, exploring the role of advanced technologies, such as AI and containerization, in the quest for resiliency and sustainability. Strategize and plan for differentiation As a leader, you need to know where you want to take the business—understanding the trajectory of your organization is nonnegotiable.
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.
What Is a Contract Repository? +6 Key Features You Need
ContractSafe
JANUARY 29, 2024
Every important agreement, contract, memorandum, or amendment is stored in a contract repository. And it’s not always given the respect it deserves. It’s an often-overlooked asset that can make or break your business.
Logtech Companies Trimming Staff
Supply Chain Brain
JANUARY 29, 2024
Venture-capital investments in supply-chain technology startups fell to $780 million in the fourth quarter of last year, down from $5.2 billion in the same quarter two years earlier.
Contract Negotiation – A How To Guide for 2024
Barkers Procurement
JANUARY 29, 2024
2024 Contract Negotiation Guide. In a perfect world, a supplier would just provide you with their service or product at the price you want without any hesitation. But we don’t live in a perfect world. In procurement, you have to negotiate the contracts to get the best deal for your organisation; however, this is going to be much harder in 2024. A combination of external factors such as Brexit, rising inflation, supply chain disruption and the impact of COVID has created a harsh economic climate
The Four Types of Benefits to Communicate in Sales
Negotiations Ninja
JANUARY 29, 2024
Ian Campbell is the CEO at Nucleus Research, an “Investigative technology research firm that uses a return on investment, case study approach to assess the value of technology.” They focus on whether or not something delivers value.
The Ultimate Guide to Transportation and Load Building Optimization
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Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.
The Game-Changing Role of Graph Technology in Supply Chain
Supply Chain Brain
JANUARY 29, 2024
As they grow ever more complex, modern supply chains require comprehensive lifecycle orchestration.
7 Strategies for Seamlessly Optimizing Warehouse and Sales Channels
Finale Inventory
JANUARY 29, 2024
Running a successful business requires handling various processes seamlessly. Your warehouse’s synergy with sales channels is pivotal, impacting operational efficiency, customer satisfaction, and financial success. The good news is there are plenty of tools and technologies to make managing these processes smoother for you. Understanding the Challenges in Warehouse and Sales Channels Management Among the tasks and processes necessary to optimally manage a business, ensuring the smooth oper
Magnus Mondays: Graphite Connect: Supplier Management, Network Style
CPO Rising
JANUARY 29, 2024
As part of the Magnus Mondays series featuring the latest procurement trends and insights, we will also spotlight interesting vendors and vendor updates (with the requirement that they provide a briefing and a reference that is using their software). First up is Graphite Connect, the supplier management solution provider.
French Farmers Block Highways Around Paris as Protests Sharpen
Supply Chain Brain
JANUARY 29, 2024
Farmers have been choking roadways across the country to protest higher production costs, stringent regulations imposed from Brussels and what they call unfair competition from abroad.
How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software
Advertiser: GEP
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.
388: See The Future of Transportation, with Win Global
Let's Talk Supply Chain
JANUARY 29, 2024
Today I’m joined by Win Global – an international trade and development consultancy, providing practical tools, products, and training for international trading companies to help them rapidly grow their export and import businesses and follow their passion for global trade. And it was in facing shipping challenges for those companies that Win Global co-founder, Igor Chigrin, hit upon an innovative new idea – an autonomous sustainable international transportation technology that is going
The Sidekick #001
Una
JANUARY 29, 2024
The Sidekick #001 2024 Is Going To Be A Doozy Kris Lance VP & General Manager, Una January 30, 2024 Image: Marian Kamensky Intro Welcome to the inaugural issue of The Sidekick ! I’m Kris Lance, VP & General Manager at Una, and I believe every Sourcing Hero (that’s you!) needs a sidekick. I’ve started this newsletter to share my thoughts on news and issues that affect the global supply landscape.
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