Mon.Jan 08, 2024

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UPS to cut sorting shift at Indianapolis facility amid soft demand

Supply Chain Dive

The location joins a company hub in Louisville, Kentucky, in closing its day sort on Feb. 16.

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CPO Crunch: Looking back on the ‘year of AI’

Procurement Leaders

Just before the holidays, Jim Ridgwick, director of procurement at Save the Children, led a Procurement Leaders community session to share how he and his team had executed a significant digital transformation at the charity. The results of the transformation were profound: a 50% reduction in the number of days to delivery, as well as much tighter financial controls and supplier visibility in a sector where “because it’s a matter of life and death, speed is of the essence”.

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Supply chain trends 2024: rising operations costs

Supply Chain Dive

Labor, materials, cybersecurity and insurance spending will likely continue to increase this year.

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2024 Predictions: A New Era of Strategic Supply Chain Design

Supply Chain Brain

The time for pandemic-era thinking is over. This will be the year of strategic supply chain design — but companies must be shrewd in their technology and vendor selection.

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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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US Postal Service on-time delivery rates slip during peak season

Supply Chain Dive

The agency said operational disruptions, including the shutdown of a St. Louis processing facility, hurt its performance.

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India Facing Surprising Shortage of Factory Workers

Supply Chain Brain

Instead of seeing workers move onto factory floors, India appears instead to be de-industrializing.

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More Trending

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‘Windshipped’ Offers a Vision of an Alternative to Commercial Trucking in Hudson Valley

Supply Chain Brain

John Bowermaster’s movie makes a compelling argument for figuring out how to send non-perishable goods by wind and water

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Flexe is downsizing its workforce again — this time by 38%

Supply Chain Dive

The reduction follows a previous wave of layoffs in November.

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10 Must-Listen Supply Chain Podcasts for Industry Professionals

SCMDOJO

In this fast-changing world, if you are a supply chain professional looking to stay up-to-date with the latest industry trends, podcasts are the best way to do so. Here we have compiled a list of must-listen supply chain podcasts for people who are interested in knowing everything about the industry. These podcasts cover the latest technological updates and advancements with different industry experts sharing their expertise and knowledge.

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Hiring managers, job seekers note retention benefits of mentorship programs

Supply Chain Dive

Mentorship programs can attract talent, build culture, reduce brain drain and engage older employees, an Express Employment Professionals survey shows.

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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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Maersk, Hapag-Lloyd Deny Reported Safe Passage Deal With Houthis

Supply Chain Brain

ShippingWatch said the pact would involve shipping companies agreeing to not go to Israel in return for being allowed through safely.

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Current Inventory Dynamics Aren’t the Bullwhip Effect

SCMR (Supply Chain Management Review)

The bullwhip effect is used by many economists to explain current inventory market dynamics, but it is another term – inventory accelerator – that more accurately reflects what is happening.

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Germany Sticks to Subsidy Cuts as Farmer Protests Block Roads

Supply Chain Brain

Scholz defended the farmers’ right to protest, but warned about efforts by far-right groups to hijack demonstrations and destabilize the country.

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Billhop: Vendor Analysis — Working capital financing and tail spend management solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Billhop and its solution for working capital financing and tail spend. Billhop addresses common payments pain points for large enterprise organizations, such as working capital and tail spend. ERP systems normally have issues that cause problems for buyers, such as low value transactions and high costs to onboard suppliers.

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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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Judicial systems are turning to AI to help manage its vast quantities of data and expedite case resolution

IBM Supply Chain Blog

The judiciary, like the legal system in general, is considered one of the largest “text processing industries” Language, documents, and texts are the raw material of legal and judicial work. That data plays a crucial role in the judicial system, helping investigators, lawyers and judges fit together the circumstances surrounding a particular case in an effort to see that justice is served.

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Next-Gen Procurement Rebel Mathew Schulz weighs in on the three big questions for 2024

Procurement Insights

Jon… here’s a quick write-up for those questions. – Mathew Procurement’s Biggest Strength in 2024 Question #1 – What is procurement’s biggest strength? Procurement’s position. No other function has the view and insights within a company. When done well, the value delivered is unmatched. From saving costs to driving revenue, cultural influence, internal and external presence, the list goes on.

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ISM Reports Continued Services Economy Growth to End 2023

SCMR (Supply Chain Management Review)

The Services PMI, at 50.6 (a reading of 50 or higher signals growth), fell 2.1% compare to November’s 52.7 reading, growing, at a slower rate, for the 12th consecutive month. ISM observed that the services sector and the overall economy have each been growing, at a slower rate, for the 12th consecutive month, through December.

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Event-driven architecture (EDA) enables a business to become more aware of everything that’s happening, as it’s happening 

IBM Supply Chain Blog

In modern enterprises, where operations leave a massive digital footprint, business events allow companies to become more adaptable and able to recognize and respond to opportunities or threats as they occur. They can optimize their supply chains, create delightful, personalized experiences for their customers, proactively identify quality issues or intercept customer churn before it occurs.

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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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New Year Insights for the procurement solutions and services marketplace 2024: INVERTO

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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IBM CIO organization’s application modernization journey: Mono2Micro

IBM Supply Chain Blog

Legacy architectures of monolithic applications are difficult to change, expensive to maintain and may pose business risks. In December 2022, Southwest airlines cancelled more than 13,000 flights due to outdated software systems and IT infrastructure. This meltdown resulted in major losses for the airline company, damaging brand reputation. In contrast, Netflix pioneered the microservices architecture and is a market leader in online streaming, having more than 250 million subscribers across mor

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How GladGirl Experienced Exponential Growth with Finale Inventory

Finale Inventory

Key results after using Finale: 40% decrease in refunded orders 3 hours saved per day on picking and packing 15 hours saved per week processing orders GladGirl is a well-known beauty brand that specializes in professional eyelash and brow beauty products. They have a physical presence in Los Angeles, CA, and Bedford, TX, and an online Shopify store serving professional estheticians and cosmetologists nationwide.

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How to create a robust digital transformation strategy

IBM Supply Chain Blog

Organizations are increasingly investing in digital transformation as a way to maintain or grow a competitive advantage. Organizations implementing successful business transformations are more likely to grow their existing businesses, eliminate silos, create revenue growth and business models and reinvent how they handle their operations. A tried-and-true way to approach digital transformation is to understand the relationship customers have with the product and the brand, where that relationshi

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Boosting Business Growth With the Help of a GPO

Una

Boosting Business Growth With the Help of a Group Purchasing Organization A playbook for boosting business growth, moving beyond the outdated perceptions of procurement, and turning it into one of your organization’s most important sources of value. DOWNLOAD PLAYBOOK Table of Contents Introduction What Exactly *Is* Value Creation? Understanding Cost vs.

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Boeing Under Scrutiny Over Max 9 Blowout

Supply Chain Brain

Investigators said their findings so far did not suggest a widespread flaw with the Boeing Max 9 aircraft.

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384: Show Me The Money: Why Women Need To Stop Working For Free

Let's Talk Supply Chain

  In today’s episode of Women In Supply Chain, we’re doing things a little differently. Instead of featuring one woman in supply chain, we’re featuring three – and talking about a topic that affects us all. Money. Or, for women, the lack of money! How many hours have we, as women, put towards ‘free’ work? Maybe it’s saying yes to too many speaking engagements for ‘exposure’?

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Exploring the Impact of Technology on Global Sourcing Strategies

Procurement Freelancers

Technology has a powerful sway over global resource allocation.

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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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Automotive Supplier Continental Opts for Collaboration with JAGGAER

Jaggaer

JAGGAER's latest news on procurement & sourcing. Read now: Automotive Supplier Continental Opts for Collaboration with JAGGAER.

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Best of 2023: Procurement Strategies Manifest from Uncertainty

CPO Rising

Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2023 articles as we reflect on the year and prepare for the new year ahead. There is no doubt that uncertainty is permeating the four walls of today’s enterprises.