Tue.May 14, 2024

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Chipotle leverages RFID technology, increases overall visibility

Supply Chain Dive

Executive Carlos Londono spoke to Supply Chain Dive about the company’s operations and its efforts to bring the technology to all of its 3,500 restaurants.

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Geopolitical Risks Cause Companies to Weigh Relocating Supply Chains

Supply Chain Brain

Allianz estimates that global trade will increase by 2.8% in 2024 — below the average of 5% — blaming that on disruptions brought on by the Red Sea crisis.

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ReposiTrak adds dairy and egg suppliers to traceability network

Supply Chain Dive

The platform will be used to exchange FDA-required data for tracking products more prone to contamination.

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Unleashing Supply Chain Resilience Using AI and Virtual Twin

Supply Chain Brain

Managing a supply chain is a complex task which has only grown more intricate in recent years due to globalization, a volatile geo-political landscape, technological advancements, and the increasing demands of consumers.

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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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USPS pauses processing network consolidation until 2025

Supply Chain Dive

The agency halted the transfer of some operations at local plants to regional hubs amid lawmaker scrutiny and service woes.

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Making Your Logistics Data Actionable Doesn’t Have to Be a Pain

Supply Chain Brain

In today's fast-paced logistics landscape, actionable data is critical to meet the demands of consumers' expectations. Navigating the complexities of data management amid labor shortages, volatility, and evolving consumer behavior poses significant challenges.

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More Trending

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Five Reasons to Slash Plastics in Packaging

Supply Chain Brain

Fortunately, there is a ready-to-use (and simple) solution that can virtually eliminate the use of plastic in many types of packaging. Read on to see how you can quickly and easily cut the amount of plastic in your packaging by up to 99%!

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What percentage of solution provider case studies and client logos are outdated?

Procurement Insights

In a speech he gave several years ago, Colin Powell said that while it is important to seek the input of “experts,” it is also important to consider the fact that they may have reached their peak in terms of current relevance. Conversely, the value of being on the front lines of procurement is that the feedback you receive is a true reflection of a present-day reality (or mindset) and not linked to a long-held belief that is the result of past corporate affiliations. – Dangerous Supply Ch

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Supply Chain Resiliency

Supply Chain Brain

Ongoing disruption requires companies to make a fundamental shift in their supply chain strategy. What makes this transformation so difficult is that the scope of change required is extensive, involving many internal (and external) stakeholders, data and technology.

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The Big Q – How does procurement acquire tomorrow’s talent?

HICX

This issue’s Big Question uncovers how procurement can encourage the talent of tomorrow into the function’s workforce amidst a talent shortage. Procurement’s talent shortage isn’t new information. Demographic shifts, the Great Resignation and strong competition have meant significant gaps in the workforce for not only procurement but industries beyond too.

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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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How a Labor Management System Solves Today’s Biggest Labor Challenges

Supply Chain Brain

In this white paper we will discuss how a comprehensive labor management program, including a labor management system, is the key to solving challenges such as: labor shortages, high turnover, high overtime, and low performance.

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Confronting Skepticism: Embracing Predictive Procurement in a Data-Driven World

Arkestro

Resources / Blog / Confronting Skepticism: Embracing Predictive Procurement in a Data-Driven World Confronting Skepticism: Embracing Predictive Procurement in a Data-Driven World More than 50% of all organizations have automated their procurement processes, and about 35% use AI for procurement, up 29% from 2020. This industry-disrupting shift allows procurement teams to make better buying decisions, run more events, and reach more addressable spend with the same resources.

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Eliminating Modern Slavery in Global Supply Chains

Supply Chain Brain

The problem of modern slavery — coercing labor from ethnic minorities and economically disadvantaged adults and children — has lurked in global supply chains for decades. But trade laws in recent years have made it crucial for businesses to address this risk now in their supply chains — or face serious consequences.

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Intake & Procurement Process Orchestration (2024 Guide)

Procurement Software

Intake and procurement process orchestration is all about managing stakeholders as they navigate through the procurement process. Or, perhaps, it’s the best way to mitigate them trying to circumvent it! Procurement is an intricate operation, with many moving parts and stakeholders, each playing a critical role in the harmony of your business operations.

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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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Watch: Disruptions Aren't Abating: How Can Supply Chains Cope?

Supply Chain Brain

Disruptions to global supply chains aren't going away anytime soon. Jason Tham, chief executive officer with Nulogy, explains how companies are addressing the problem with technology.

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ITIL Change Management: Process, Roles & Trends

Pipefy

Organizations in many industries are undergoing digital transformations, often in response to evolving customer expectations. These continuous changes require IT teams to reduce security incidents and address business challenges to keep their organizations competitive and effective. Poor change management in IT departments can cause devastating consequences for organizations, largely due to the increasing dependence on fast, accurate information for today’s businesses.

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Cargo Security and Asset Protection: A Layered Approach

Supply Chain Brain

Technological advancements like RFID and GPS have revolutionized supply chain management, providing visibility and rapid response capabilities, but also increasing risks such as cyber threats. A combination of physical barriers, technological solutions, and procedural controls creates redundancies that enhance resilience against threats like theft and tampering.

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ASCL Conference for a Sustainable Future – 5th June 2024

Value Match

Categories Best Practice Guides Bid Management Business Case Study Circular Economy Community Story Contract for Change Cyber Security Environment and Climate Equality and Inclusion Government Buying Standards House of Commons Committee of Public Accounts Human Rights and Modern Slavery Legislation National Audit Office Reports News Procurement Best Practice Procurement Policy Notes Procurement Strategy Public Sector Library Public Sector Policy Resourcing Responsible Organisational Management S

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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.

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U.S. Manufacturers Praise New Tariffs on Medical Supply Imports from China

Supply Chain Brain

Also included in the new tariffs were ship-to-shore cranes (0% to 25%), solar cells (25% to 50%), and lithium ion EV batteries (7.5% to 25%).

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Sourcing Journal: Here Are the 100 Cutting-Edge Start-ups Reinventing D2C

Arkestro

The Lead's third annual 100 List of start-ups shines light on a new class of trailblazers. Also, how deeply AI has spread in retail.

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Safety-Driven Transportation Providers Provide High-Ranking Advantages

Supply Chain Brain

Safety-driven cultures protect drivers, employees, public motorists, and overall freight commodities. Using a safety focused transportation service grounded in well-being and risk management can deliver incentives and wide-ranging benefits.

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How much does procurement tech actually cost?

The Procuretech Podcast

This week on The Procurement Software Podcast, host James Meads explores different price points for procurement technology applications. James discusses software options costing less than $20,000 to $25,000 per year, those ranging from $25,000 to $75,000 annually, and higher-end solutions. Tune in to discover what each price point can offer your procurement team and how to make the most of your tech budget.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Health, Safety Concerns Could Delay Canada Rail Strike

Supply Chain Brain

Canada's labor minister is now looking to determine critical shipments that would have to continue even if rail workers go on strike.

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Simplify accounts payable with invoice automation software

Fraxion

How to streamline accounts payable with invoice automation software In finance, manual invoice processing presents one of the most admin-intensive tasks. It involves manual data entry, requires cross-referencing, and is prone to errors. Upon receiving paper and electronic invoices from multiple vendors across dispersed locations, organizations face time-consuming processes such as manual data capture, invoice matching, and handling duplicate entries.

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Data in the Time of Chaos: Procurement Strategies for Supply Chain Resilience

Supply Chain Brain

Rising geopolitical tensions, climate change and global commerce disruptions are making the jobs of chief procurement officers harder than ever.

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Where to begin: 3 IBM leaders offer guidance to newly appointed chief AI officers

IBM Supply Chain Blog

The number of chief artificial intelligence officers (CAIOs) has almost tripled in the last 5 years, according to LinkedIn. Companies across industries are realizing the need to integrate artificial intelligence (AI) into their core strategies from the top to avoid falling behind. These AI leaders are responsible for developing a blueprint for AI adoption and oversight both in companies and the federal government.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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Before the Truth Can Get Its Boots On

Supply Chain Brain

How scary are deepfakes and other AI-accelerated forms of fraud? Really scary.

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Biden slaps tariffs on China-made EVs, batteries, semiconductors

Supply Chain Dive

The tariffs align with U.S. efforts to get ahead of China in clean energy and advanced technology manufacturing, while also increasing supply chain control.

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Alphabet’s Waymo Probed by U.S. After Autonomous Car Incidents

Supply Chain Brain

The agency cites instances in which the company’s automated-driving system appeared to disobey traffic-control devices.

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U.S. Raises Tariffs On Chinese EVs to 100%

Supply Chain Brain

The White House said the measures were a response to unfair policies, and were intended to protect U.S. jobs.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro