Tue.Mar 26, 2024

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UPS plans to close around 200 US facilities, shift volume to automated hubs

Supply Chain Dive

The company is consolidating locations as part of its "Network of the Future" initiative, which aims to reduce its labor needs and save $3 billion by 2028.

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Thought leader: How to get early supplier involvement right

Procurement Leaders

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. But does it work? Early supplier involvement is a term that has evolved since the 1990s, when the world discovered that Japanese automotive OEMs such as Toyota and Honda outperformed their competitors in terms of design quality and time-to-market.

Suppliers 130
professionals

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Port of Baltimore halts vessel traffic after bridge collapse

Supply Chain Dive

While the port is still processing trucks, the loss of the Francis Scott Key Bridge will disrupt port operations for some time.

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Water Now a Major Risk for World’s Supply Chains, Says Non-Profit

Supply Chain Brain

CDP says its research indicates at least $77 billion is under threat due to water risk in supply chains, with almost $7 billion at immediate risk.

Risk 105
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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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Lifetime Brands pursues less China reliance with Mexico factory

Supply Chain Dive

The company's plastics manufacturing facility is on track to reach full capacity this year as it pushes to expand its sourcing capabilities.

Sourcing 109
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Incident at Baltimore Bridge Wasn't First Crash for Dali Container Ship

Supply Chain Brain

According to Vessel Finder, the Dali hit a stone wall at the port of Antwerp in Belgium on its way to Bremerhaven in 2016.

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More Trending

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Natural Language Processing Transforms Inventory Management

Supply Chain Brain

With proper human oversight, NLP can reduce supply chain challenges even before they occur, thus potentially saving companies substantial time and money.

Inventory 102
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Port of Baltimore stops accepting export containers

Supply Chain Dive

The state-owned Seagirt Marine Terminal will be closed Friday, according to an alert.

Export 96
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E-SMART Reports 100% Reduction in Bridge Strikes on Roads From Pair of Carriers

Supply Chain Brain

E-SMART's technology uses geo-fenced data along with GPS to find out when a tractor is on a road with a bridge under 13 feet and six inches.

Data 98
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Meet AI in AP Automation

Spend Matters

Artificial intelligence (AI) comes in many forms (for a complete history of AI in procurement see our recently published autogmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. In this series of articles we explore the current state of AI in procurement technology.

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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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Ford, GM Divert Shipments as Bridge Collapse Upends Supplies

Supply Chain Brain

Baltimore for years has been the top U.S. vehicle-handling port, with more than 847,000 cars and light trucks processed through there last year.

Supply 98
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How to Overcome the Supply Chain Decision Gap

Supply Chain Trend

As John Lennon said, “Live is what happens while you’re busy making other plans”. Every supply chain plan or schedule meets variations or disruptions that require corrective decisions and actions. However, a gap remains between data, plans, insights and taking action to solve short and long term issues and grasp opportunities. I called this the “Decision Gap” in a recent webinar.

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Women in Truck Association Names Trio of Winners for Driver of the Year

Supply Chain Brain

The three winners boast decades of trucking experience and numerous accolades throughout their years behind the wheel.

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The challenges of spend management technologies and Raindrop’s industry-disruptive approach

Spend Matters

This content does not express the views or opinions of Spend Matters. In today’s dynamic business landscape, effective spend management is crucial for maintaining financial controls and achieving sustainable growth. However, many organizations still find themselves grappling with cumbersome and needlessly complex legacy spend management technologies which hinder, rather than facilitate, their efforts.

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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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Automation Critical to Supply Chain Resilience, Says ISA

Supply Chain Brain

ISA stresses how manufacturers and other decision makers can help to deliver the many benefits of automation more effectively through several key steps.

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Wawa names new chief supply chain officer

Supply Chain Dive

Nelson Griffin previously served as SVP of strategic sourcing at a purchasing and services cooperative for Subway franchisees.

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Survey Shows Supply Chain Decision-Makers Prioritize Inventory Turnover

Supply Chain Brain

77% of of supply chain professionals said they prioritize inventory turnover, while 57% highlighted the need for forecast accuracy.

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Baltimore Bridge Collapse Latest Supply Chain Disruption

SCMR (Supply Chain Management Review)

The Francis Scott Key Bridge in Baltimore was struck by a 948-foot cargo ship and collapsed early Tuesday morning, causing the bridge and several cars to fall into the Patapsco River. The supply chain impact is uncertain at this point.

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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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Five Reasons to Slash Plastics in Packaging

Supply Chain Brain

Fortunately, there is a ready-to-use (and simple) solution that can virtually eliminate the use of plastics in many types of packaging.

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When Is Conflict and Change A Good Thing?

Procurement Insights

Calgary Women in Energy is excited to announce our 2024 Allies in Energy Executive Forum. Since 2020 we have brought Executives together to discuss thought provoking topics and this year is no different. A highly esteemed panel of local energy Executives will meet on April 10th to discuss conflict and change management. We hope that you will join us at this year’s event.

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Vital Baltimore Bridge Collapses After Being Struck by Ship

Supply Chain Brain

The early morning disaster at the Francis Scott Key Bridge will cause huge disruption — both for shipping at one of the busiest ports on the U.S. East Coast and on the roads.

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The path to embedded sustainability

IBM Supply Chain Blog

Businesses seeking to accelerate sustainability initiatives must take an integrated approach that brings together all business and technology functions. Sustainability is no longer the responsibility of only the chief sustainability officer (CSO). It is not managed by a single department in a silo. Driving true sustainable impact, at scale, takes place when an enterprise is fully aligned to that transformation.

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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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Dollar Tree to Shutter 600 Family Dollar Locations by End of 2024

Supply Chain Brain

The company will also be shuttering an additional 370 Family Dollar stores and 30 Dollar Tree locations when their leases end.

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AOP Introducing… RFP Ninja

Art of Procurement

Suppliers understand the time-consuming and challenging nature of responding to requests for proposals, security questionnaires, pricing requests, and other customer. The post AOP Introducing… RFP Ninja appeared first on Art of Procurement.

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Watch: How the Parcel Sector Is Stepping Up to Meet Customer Demands

Supply Chain Brain

Arthur Axelrod, chief executive officer and founder of Dispatch Science, brings us up to date on technology trends among couriers and parcel carriers serving the last mile.

Demand 52
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Meet the Founder: #1 – Nick Verkroost (Canopy)

Procurement Software

Welcome to a new series of blogs! This is where every month, we’ll ask the Founder or CEO of a procurement software company a few questions. The goal is to get to know them personally and also their product a little better. Our aim here is to shine a light on some of the lesser-known solutions. These 5-minute insights are perfect to read on a coffee break if you’re keen to grow your knowledge of digital procurement tools.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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Optimal Dynamics Offers New Features for Trucking Companies With ADI Software

Supply Chain Brain

The company's ADI provides recommendations to either accept or reject a tendered load by analyzing a variety of factors.

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MQLs vs. SQLs: Definitions and Key Differences

The Thomas Blog

Marketing qualified leads and sales qualified leads (MQLs and SQLs, respectively) are important potential customers for your company. MQLs are those who have shown interest in your offerings through various marketing efforts, while SQLs are those deemed ready for direct sales engagement based on specific criteria. By gaining insights into MQLs and SQLs, businesses can optimize their lead generation and conversion strategies and improve sales performance.

Buyers 52
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The Sidekick #003

Una

The Sidekick #003 Food Insecurity – At Home & Abroad Kris Lance VP & General Manager, Una March 26, 2024 Intro Welcome to Issue #003 of The Sidekick ! You may remember that in the last issue we touched on the topic of beef. Well, I hope you’re hungry for more, because this month I’m exploring the wider challenge of food security at home and overseas.

Quality 52
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AOP Introducing… RFP Ninja

Art of Procurement

Suppliers understand the time-consuming and challenging nature of responding to requests for proposals, security questionnaires, pricing requests, and other customer. The post AOP Introducing… RFP Ninja appeared first on Art of Procurement.

Price 52
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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?