Fri.Jan 19, 2024

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Carton shortage may last through school year, but brandless packaging brings relief

Supply Chain Dive

Pactiv Evergreen said the generic containers are part of its response “to minimize supply chain complexity” amid a monthslong disruption challenging dairies and schools.

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Six Factors to Consider Before Automating Warehouses

SCMR (Supply Chain Management Review)

Warehouse efficiency is enhanced by six crucial factors that signal when the time is right to embrace automation.

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

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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Traceability platform TrusTrace lands $24M growth investment

Supply Chain Dive

The funding will help the company advance its goal of creating “a global network where all value chains are traceable, circular, and fair.

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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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Ford Cutting Back F-150 Lighting Production Due to Lower EV Demand

Supply Chain Brain

The American car manufacturing giant said that it would be cutting back production at its Michigan Rouge Electric Vehicle Center to just one shift starting April 1, 2024.

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How to build a successful disaster recovery strategy

IBM Supply Chain Blog

Whether your industry faces challenges from geopolitical strife, fallout from a global pandemic or rising aggression in the cybersecurity space, the threat vector for modern enterprises is undeniably powerful. Disaster recovery strategies provide the framework for team members to get a business back up and running after an unplanned event. Worldwide, the popularity of disaster recovery strategies is understandably increasing.

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Exploring the hyper-competitive future of customer experience

IBM Supply Chain Blog

The future of customer experience (CX) is more : more data, more technology, more surprising and delighting. It’s also more pressure to retain those customers, whether those interactions happen online or in-store. As customer expectations and habits change, so too must the CX that organizations provide. Study after study shows that customer loyalty is decreasing, as customers demand more from the providers of goods and services and show their displeasure by switching brands.

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Why top apparel brands fall short in supplier partnerships

Supply Chain Dive

Improving supply chain working conditions requires clarity of expectations and accountability on both sides.

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Samsung Heavy Lands $235M Gas Carrier Deal

Supply Chain Brain

Samsung Heavy Industries said that the two very large ammonia carriers (VLACs) are scheduled to be delivered by the end of November 2027.

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CGT: How Materne North America Slashed Packaging Costs with Predictive Procurement

Arkestro

The post CGT: How Materne North America Slashed Packaging Costs with Predictive Procurement appeared first on Arkestro.

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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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Vendor Analysis: What Is It, Process, Types, and Best Practices

Planergy

What's Planergy? Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy.

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CPO Rising Listicle: Procurement Haiku (2024)

CPO Rising

Fridays (in 2024) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendation designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.