Wed.Apr 17, 2024

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Amazon leapfrogs UPS, and 4 other takeaways from a top shipping index

Supply Chain Dive

Market conditions are leading to shifts in U.S. volume share, with some upstarts gaining ground, according to new parcel delivery data from Pitney Bowes.

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How Procurement Innovation Creates Value in Financial Services

Supply Chain Brain

Once regarded as a back-office process, procurement is finally getting the respect it deserves, recognized for its contribution to the organization's long-term, strategic agenda.

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Trending Sources

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Ground parcel delivery costs projected to climb in Q2

Supply Chain Dive

The rate per package is expected to jump as FedEx and UPS become less amenable to discounts, according to the TD Cowen/AFS Freight Index.

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Relish: Vendor Analysis — Application Development solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Relish and its application development solution. Relish was founded by individuals with extensive consulting experience who recognized the gaps in IT solutions, especially when it comes to procurement. Relish aims to build lightweight apps that strategically augment enterprise solutions, optimizing investments in procurement solutions.

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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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Companies should increase emphasis on upskilling for AI, report says

Supply Chain Dive

Businesses currently have an unbalanced approach, with many planning to lean on new talent to handle AI adoption, according to The Adecco Group.

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Watch: Supply Chain Ecosystem Integration: Tearing Down the Silos

Supply Chain Brain

Tying all planning and execution systems together tears down silos and enhances operations, says Mahesh Rajasekharan, CEO of Cleo.

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Air Canada Staff Are Suspects in Heist of 6,600 Gold Bars

Supply Chain Brain

In October, Brink’s sued Air Canada , accusing the country’s largest airline of “negligence and carelessness.” Air Canada rejected the allegations.

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As a procurement professional, what do these three graphs tell you?

Procurement Insights

EDITOR’S NOTE: According to some reports hashtag#cocoa output is likely to shrink by 11% this season and contribute to the 40% increase in costs per kilogram seen by some manufacturers. – David Bateman, Mintec LinkedIn Post Do you like chocolate? Perhaps a better question would be, “Who doesn’t like chocolate?” As a chocolate lover and consumer, when I read the above post, I had a few thoughts: How will this affect pricing?

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COVID Pandemic Wiped 24.6M TEUs Off Container Market Growth

Supply Chain Brain

Without the pandemic, the global container market would have been 198.1 million TEUs in 2023. Instead, it was only 171.0 million TEUs, BIMCO said.

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CMA CGM to add Transpacific air cargo service

Supply Chain Dive

The carrier will deploy two Atlas Air-operated Boeing 777-200F aircraft ahead of peak season.

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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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Watch: Are Supply Chains Getting Serious About Diversity, Equity and Inclusion?

Supply Chain Brain

Dana Stiffler, distinguished vice president analyst in Gartner’s Supply Chain Practice, shares results of the firm’s survey on supply chains’ progress toward adoption of diversity, equity and inclusion programs.

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The Future of Sourcing and Procurement in the Age of Automation

Procurement Freelancers

Technology has quickly changed sourcing. It has added automated systems to processes that used to… The post The Future of Sourcing and Procurement in the Age of Automation first appeared on Procurement Blog | Procurement & Supply Chain News.

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The Modern CPO Requires Better Data for High Performance

Supply Chain Brain

Procurement teams across the globe are stepping up, adapting and innovating amid whispers — and sometimes shouts — of economic uncertainty.

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Procurement Perspectives: Unveiling Procurement’s Strategic Value with Tom Hajek – Episode 92

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary In this episode, Martin Smith speaks to Tom Hajek, an independent consultant and who has worked for a number of well known brands. They discuss the key ingredients for successful procurement transformation. Tom emphasises the importance of aligning procurement with high-level business objectives … Continued The post Procurement Perspectives: Unveiling Procurement’s Strategic Value with Tom Hajek – Episode 92 a

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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

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Biden Calls for Tripling of Tariffs on Chinese Steel and Aluminum

Supply Chain Brain

Biden criticized what he labeled "unfair Chinese trade practices," where below-market cost steel has flooded into the global shipbuilding market.

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For Job Seekers, There’s No Shortage of Opportunity in the Manufacturing Industry

Art of Procurement

The U.S. manufacturing industry is in the midst of a serious talent shortage, with estimates that around 600,000 jobs are. The post For Job Seekers, There’s No Shortage of Opportunity in the Manufacturing Industry appeared first on Art of Procurement.

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Malaysia Air Looks to Lighten Plane Loads on Middle East Detour

Supply Chain Brain

The Malaysian flag carrier will reroute flights to avoid airspace over parts of the Middle East, requiring more fuel and spurring the need to lighten its load.

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Accenture Grows Procurement Services Through Acquisitions

CPO Rising

CPO Rising’s Technology Round-Up series continues this week with a focus on Accenture’s latest acquisitions and its growth strategy for Procurement Services. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.

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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.