Mon.Mar 25, 2024

article thumbnail

Beyond Visibility: Social Media’s Role in Reinventing Supply Chain Engagement

All Things Supply Chain

Ever peeked behind the curtain to see how your favorite products come to life? Social media’s doing exactly that, pulling back the veil on manufacturing like never before.

article thumbnail

CPO Crunch: Think intelligently about artificial intelligence

Procurement Leaders

Question: What’s driving your thinking when it comes to the rollout of artificial intelligence in procurement? Is it the efficiencies that might be gained from harnessing the technology? How about the insights that might be available? Or is it more fundamental, such as the potential new business models that might become possible? Or – whisper it quietly – the risks you face from not thinking about it at all?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AI and the practice of Procurement – Contracting and Legal

Spend Matters

Complementing our recent research into AI in procurement solution use cases and our wider theme around AI in general , Spend Matters has been undertaking a series of interviews with senior procurement practitioners to gauge the level of interest in, and infiltration of, AI and generative AI (GenAI) in the practical lives of the procurement organization today.

article thumbnail

How to Overcome Challenges to Creating Sustainable Supply Chains

Supply Chain Brain

For global supply chains striving to meet growing expectations of sustainability, transparency and traceability are essential capabilities.

article thumbnail

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.

article thumbnail

Intel’s $8B in CHIPS funding should provide suppliers confidence

Supply Chain Dive

The chipmaker's hundreds of U.S. suppliers should prepare for "when the taps turn on," according to one expert.

Suppliers 107
article thumbnail

MARAD to Ships: Turn off Transponders in Red Sea

Supply Chain Brain

The advisory also highlights Houthi deceptive communications, provides information on the new Joint Maritime Information Center, and updates other threat info.

105
105

More Trending

article thumbnail

At the Panama Canal: Booking slots open up at a waterway on the mend

Supply Chain Dive

The canal authority increased daily booking slots to 27 and implementing long-term solutions like cross-filling.

100
100
article thumbnail

Bill to Speed Up Flow of Crucial Cargo During Emergencies Goes to U.S. House Floor

Supply Chain Brain

The FAST PASS Act would mandate the secretary of transportation to study how critical cargo can be expedited in emergencies like hurricanes and pandemics.

98
article thumbnail

Nestlé launches pair of initiatives to decarbonize cocoa supply chain

Supply Chain Dive

The global food company said its new projects aim to reduce and remove over 500,000 metric tons of carbon over a 20-year period.

article thumbnail

New Numbers Show Mixed Year for Port of Vancouver in 2023

Supply Chain Brain

Although cargo volumes were up 6% at the Port of Vancouver in 2023, container volumes were down 12% due to a variety of factors.

98
article thumbnail

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.

article thumbnail

Air Cargo Week: The Power of Predictive Procurement in Logistics

Arkestro

The integration of digital tools, particularly predictive procurement, has revolutionised the logistics landscape, transforming them from mere add-ons to indisp

article thumbnail

EU Corporate Due Diligence Law Adopted

Supply Chain Brain

Foreign companies will be required to designate their authorized representative based in the member state in which they operate.

98
article thumbnail

Ahead of the curve: How generative AI is revolutionizing the content supply chain

IBM Supply Chain Blog

The global adoption of generative AI is upon us, and it’s essential for marketing organizations to understand and play in this space to stay competitive. With content demands expected to grow in the next few years, organizations need to create more content at a faster pace to meet customer expectations and business needs. Knowing how to manifest these improvements is not always clear: Enter generative AI and the content supply chain.

article thumbnail

Case study: Parcel Spend Transformation

Supply Chain Brain

Embark on a journey of savings as we unpack parcel spend operations with Reveel. Discover the nuanced strategies that propel our customers to achieve substantial savings in shipping operations.

article thumbnail

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

article thumbnail

6 Tips for Students to Develop a Career in the Supply Chain

SCMDOJO

The supply chain industry is vital to the global economy with its complex network of activities, people, organizations, information, and resources. As businesses continue to globalize and markets become increasingly interconnected, the demand for skilled supply chain professionals is rising. Understanding the pathway to success is crucial for students eyeing a career in this dynamic field.

article thumbnail

Boeing CEO Dave Calhoun Announces Resignation

Supply Chain Brain

Calhoun plans to “complete the critical work under way to stabilize and position the company for the future” over the coming months, the announcement said.

97
article thumbnail

Celebrating the women of IBM AI Ethics

IBM Supply Chain Blog

For more than 100 years, IBM’s founding principles have inspired efforts to promote equality, fairness and inclusion in the workplace and society. The company has lived the value of “respect for the individual” by championing employment practices that reward ability over identity and that make work more attainable for all. In 1935, approximately twenty years after IBM was founded, it began hiring women into professional roles.

Ethics 91
article thumbnail

Watch: How Are Supply Chains Impacting M&A Dealmaking?

Supply Chain Brain

Debra Hatter, partner with Norton Rose Fulbright US LLP, discusses the findings of the law firm’s second annual Global M&A Trends and Risks Report.

article thumbnail

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.

article thumbnail

Maersk seeks bigger stake in booming cross-border market

Supply Chain Dive

The Tijuana, Mexico, facility will target the technology, automotive, retail and lifestyle sectors.

90
article thumbnail

Canopy: Vendor Analysis — SIM solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Canopy, a supplier information management (SIM) solution that focuses on supplier data and due diligence. It is critical to ensure an organization knows the suppliers it works with, has all the required information on suppliers and that the information is up-to-date. Decisions about whether to work with a supplier can be simple or complex, depending on the screening and attention that supplier requires This data collection process and data

article thumbnail

Revolutionizing Warehouses with Robotics: A New Era of Efficiency

SCMDOJO

The Rise of Warehouse Robotics: Revolution or Evolution? Nowadays, logistics landscapes and supply chain management are witnessing a breakthrough innovation: the automation of robots in warehouse operations. Amazon defies mere novelty, as proven by the sterling application of over 200k mobile robot units across all their fulfillment centers worldwide.

article thumbnail

Mitigating the impact of climate change in insurance and other financial services  

IBM Supply Chain Blog

As the effects of climate change intensify, extreme weather events are becoming increasingly frequent and severe. The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 billion. These climate events have a huge potential impact on financial institutions. In 2021, large-scale floods affected the European countries of Austria, Germany, Belgium, the Netherlands and Luxembourg, causing USD 43 billion worth of damage in addition

Risk 85
article thumbnail

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.

article thumbnail

2024 Supply Chain Management Readiness Index

SCMR (Supply Chain Management Review)

Lack of predictive view leaving organizations vulnerable to disruption

article thumbnail

If You Are A Solution Provider “Selling” To Procurement – Stop It!

Procurement Insights

This is the fourth video in this series. In the previous three, I provided successful case studies involving the following organizations: GE Capital A.G. Simpson Lear Corporation General Motors Kellogg’s Kodak Deloitte Touche (now Deloitte) Before proceeding to the next case studies, starting with the Department of National Defence contract, I would like to discuss how to build your own success stories.

article thumbnail

Intermodal visibility on rail: How it works and KPIs

Supply Chain Dive

Container visibility on rail is crucial to plan pickup times and avoid fees. Here are key events to watch.

74
article thumbnail

Cut costs and emissions with lithium-ion forklifts

SCMR (Supply Chain Management Review)

Read the case study to unpack how the change to this electric power option can help operations limit costs, reduce emissions, improve work environments and boost labor utilization.

74
article thumbnail

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.

article thumbnail

How Purchasing Consultants Simplify the Procurement Process

Procurement Freelancers

The constantly changing nature of business operations necessitates the continual pursuit of efficiency, particularly in the… The post How Purchasing Consultants Simplify the Procurement Process first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

February and year-to-date U.S. import volume is solid, reports S&P Global Market Intelligence

SCMR (Supply Chain Management Review)

February imports, at 2.44 million TEU (Twenty-Foot Equivalent Units) increased 21% compared to February 2023. And when taking into account, the timing of the Lunar New Year, coupled with the impact of ongoing Red Sea and Panama Canal disruptions, the firm explained that U.S.-bound imports over the first two months of 2024, at 5.04 million TEU, posted a 14% annual increase over 2023’s 4.40 million TEU.

Import 65
article thumbnail

The Evolution of Physical Security Technology in the Supply Chain Industry

Supply Chain Brain

In 20 years, the evolution of physical security in the supply chain may be remembered as one of the greatest driving forces of change in the supply chain industry.

article thumbnail

Jonathan O’Brien delivering a guest lecture for Metropolia University of Applied Sciences

Positive Purchasing

Procurement MBA Students Prepare for Expert Insights in Supplier Relationships and Innovation On 2 April, our CEO Jonathan O’Brien, will be delivering an online guest lecture on ‘Supplier Relationships and Innovation’ to Procurement MBA students at the Metropolia University of Applied Sciences. The event is designed as part of the university’s curriculum to improve the skillset of future procurement professionals.

article thumbnail

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?