Thu.Nov 14, 2024

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The Power of Visualization in Freight Optimization and Resilience

Art of Procurement

Anyone who spends their day working with data will tell you that data alone is never enough. It needs to. The post The Power of Visualization in Freight Optimization and Resilience appeared first on Art of Procurement.

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Port of Long Beach Smashes All-Time Record with October Surge

Supply Chain Brain

Businesses are poised to continue bringing in larger volumes of goods through the end of the year, which is normally a quieter time for the ports.

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‘Return on Relationships’ – the ROI of building supplier relationships and how to measure it

Spend Matters

The annual State of Flux global supplier relationship (SRM) management study made its appearance in London last week at the 2024 Supplier Management Summit in its 16th rendition, this time themed ‘Return on Relationships (RoR). The report once again delivers data-backed findings of the state of SRM across the globe and gives best practice models, guidance and suggestions stemming from those findings.

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Global Inventory Trends and Challenges Shaping SMBs

Supply Chain Brain

To gain deeper insights into inventory management within this crucial sector, Netstock recently conducted a comprehensive inventory benchmark study focused on SMBs. The report based on the study’s findings highlights five emerging trends that emphasize the urgent need for SMBs to develop more robust inventory management strategies.

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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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Clorox prioritizes supplier decarbonization efforts

Supply Chain Dive

The cleaning product manufacturer is partnering with a carbon tracking service Manufacture 2030 to gain visibility into its vendors’ emission reduction plans.

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AI and Retail Returns: Can Pixels Solve a Physical Problem?

Supply Chain Brain

Retail returns involve real products and logistics, and as much as artificial intelligence promises to streamline things, it needs one crucial component: physical data.

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Employers Barred from Forcing Workers to Attend Anti-Union Meetings

Supply Chain Brain

Large employers including Amazon, Starbucks, Trader Joe’s and REI have responded to increasing attempts to unionize by holding captive audience meetings.

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Boost Your Business with a Product Sourcing Agent

Procurement Freelancers

In today’s hyper-competitive market, businesses are under constant pressure to source high-quality items at the… The post Boost Your Business with a Product Sourcing Agent first appeared on Procurement Blog | Procurement & Supply Chain News.

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AI Is About to Change Your DC Design Toolbox

Supply Chain Brain

Artificial Intelligence (AI) helps us search and sort for information, write proposals and emails, and records meetings and converts into notes - but is it ready to help us design Distribution Centers and Warehouses?

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GenAI and chatbots — The fallacy of ‘No UI is the new UI’ — Part 2

Spend Matters

As we explained in part 1, the “no UI is the new UI” concept is making a comeback because of the rise of generative AI (GenAI). GenAI has opened up new possibilities for providers to enhance their applications with new AI capabilities, one of which is chatbots. Chatbots are a way to move from graphical user interfaces (GUI) to conversational user interfaces (CUX).

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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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Podcast | Supply Chain ‘Orchestration’: How AI Is Changing the Tune

Supply Chain Brain

When it comes to the concept of supply chain “orchestration,” artificial intelligence is the new conductor.

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Enhancing Manufacturing Value Through Procurement

Jaggaer

In today’s dynamic market, procurement is far more than just a buying and purchasing center. Forward-thinking organizations have transformed the department into an untapped gold mine that creates value for the entire end-to-end manufacturing process—from design and sourcing to production and delivery. Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add?

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How to Drive Customer Experience Back Into Your Supply Chain

Supply Chain Brain

Customer experience, or CX, has become the focus of much corporate attention, but it’s still rare to see it directly related to supply chain operations in B2B commerce. It’s critical to keep the customer experience in mind throughout the lifecycle of a customer order transaction.

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As Trump rises again, so too might inflation

Supply Chain Dive

The president-elect’s promised tariff hikes could lead to “a modest stagflationary shock,” according to Wells Fargo economists.

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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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Business Coalition Opens Bidding for E-Fuel Shipping Services

Supply Chain Brain

The group consists of 40 companies, and was originally founded by e-commerce giant Amazon, outdoor recreation retailer Patagonia, and German coffee chain Tchibo.

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GenAI and chatbots — The fallacy of ‘No UI is the new UI’ — Part 1

Spend Matters

The phrase “no UI is the new UI” is a popular concept in user experience design. It suggests that the best user interfaces are often invisible or unobtrusive. Instead of relying on traditional visual elements like buttons, menus and text fields, these interfaces anticipate user needs and perform actions automatically or through subtle cues, creating a more seamless and intuitive experience.

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Case Study: How Creativity, Inc. Slashed Its Parcel Spend

Supply Chain Brain

The high cost of parcel shipping presents a host of challenges for companies looking to cut down on overall supply chain expense. And Creativity, Inc., a mid-sized provider of a wide range of materials and supplies for quilt makers, is no exception.

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Norfolk Southern Reaches Deal with Activist Investor Firm

Supply Chain Brain

The Cleveland-based investment firm had sought to remove then-CEO Alan Shaw early in 2024, moves before he was eventually ousted by the railroad.

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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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Why Procurement Needs a Change-Management Mindset

Supply Chain Brain

As life sciences companies progress rapidly through drug development and commercialization, the need for an adaptive procurement function becomes critical to managing suppliers, costs and risks.

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Watch: How PITT OHIO Modernized Operations With a Real-Time AI Platform

Supply Chain Brain

Less-than-truckload carrier PITT OHIO increases efficiency and reduces costs of its pickup, delivery and linehaul business by replacing outdated legacy systems with an AI-powered platform from Maven.

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Businesses Ramp Up Investments in Nearshoring, Split-Shoring

Supply Chain Brain

This comes as businesses have been faced with the possibility of new tariffs from the upcoming Trump administration in the U.S.

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2024 US Election: A Republican White House Emerges. What’s Next for the Auto Industry?

Supply Chain Brain

In this special report, S&P Global Mobility looks at issues specific to the auto industry and how the election outcome will impact issues important to the auto industry.

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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.