Wed.Aug 07, 2024

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ILA Sets Date to Prep for Potential East Coast, Gulf Port Strike

Supply Chain Brain

The union for Atlantic and East Coast port workers is planning to meet in September to look over its final contract demands.

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Shippers maintain diverse carrier mixes in 2024: project44

Supply Chain Dive

Retailers and direct-to-consumer companies aren't scaling back their options in a competitive delivery environment.

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Shipping Industry 'Struggling to Keep Up' With Pressure to Cut Emissions

Supply Chain Brain

Starting in 2025, the EU will start requiring shipping companies to surrender their carbon credits covering 40% of their reported emissions.

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Rivian sees supply chain tailwinds from VW deal

Supply Chain Dive

CEO RJ Scaringe expects suppliers will offer more favorable pricing for several components, including chipsets and other hardware.

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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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Weeklong Delays at Bangladeshi Port Caused by Political Unrest

Supply Chain Brain

Clothing factories have been shuttered for two days, with the customs process all but suspended, and exports forced almost to a halt.

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FLOW adds John Deere, Ace Hardware to its growing roster

Supply Chain Dive

The federal freight data-sharing platform now has 80 members, according to the Department of Transportation.

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More Trending

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Hasbro’s supply chain overhaul is paying off

Supply Chain Dive

The toy and game maker said enhanced planning efforts have helped optimize inventory management.

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Digital Procurement Transformation and Diminishing Returns

The Good Spending

Digitization vs. Digitalization vs. Digital Transformation In our earlier posts, we covered the notions of digitization and digitalization. We can add the digital transformation to this logical sequence as follows. So, if we plan to conduct digital transformation, it's OK to consider digitization as the first step, i.e., digitizing legacy processes and automating manual labor and paper-based activities.

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Michaels bolsters same-day delivery with DoorDash, Uber Eats

Supply Chain Dive

The retailer is among a growing number of businesses using on-demand delivery platforms to add value for customers.

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FTSE 250 – FMCG Client – IT Hardware Refresh

Barkers Procurement

The client are transforming their IT systems and processes. As part of this transformation, they required a supplier to deliver an End User Computing hardware refresh across their circa 500 practices. Barkers were retained to provide an end-to-end IT procurement process to select and contract with this supplier. Barkers were responsible for creating the RFP documents, running the RFP process, supporting in vendor selection and the detailed negotiation of the contract.

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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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Here’s how to initially screen a potential solution provider

Procurement Insights

In response to one of my most recent posts, “ Why is AI such a “Hard Sell? ” the Chief Marketing Officer for a company called Levelpath wrote the following: Michaela Dempsey • 1st Chief Marketing Officer | We are Hiring! 12:40:55 PM Jon W. Hansen thank you for the tag. AI isn’t necessarily a hard sell anymore as it is becoming an integral part of our daily lives.

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Procurement News — August 7, 2024

CPO Rising

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with… The post Procurement News — August 7, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.