Tue.Jan 23, 2024

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CPO Crunch: Hydrogen making its mark

Procurement Leaders

The concept of ‘energy transition’ fascinates me. It’s a simple phrase; one that rolls off the tongue and suggests a satisfyingly straightforward process – stop using one form of energy, start using another. Simple, clean, impactful. The reality, of course, is very different. Energy transition will be spectacularly difficult, messy and eye-wateringly expensive to achieve.

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UPS reinstates money-back guarantee for 2nd Day Air A.M. service

Supply Chain Dive

The suspension was put in place when the COVID-19 pandemic took hold and an influx of deliveries challenged the company's network.

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Decision Intelligence, a Natural Step in the Planning Evolution

Supply Chain Trend

Decision Intelligence (DI) is a natural evolution in supply chain planning technology. It closes the planning and execution automation gap which has been left by ERP and APS, both technologies that have reached the maturity phase for their functional aims. 7% of companies have started to adopt autonomous end-to-end planning. 3% of companies use autonomous execution to enhance their supply chain resilience.

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Strategic M&A with Tech Startups is the Path to Supply Chain Resiliency In 2024

Supply Chain Brain

Retailers and logistics companies run tight margins, and developing AI or AR systems in-house, from the ground up, is prohibitively expensive.

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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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New Year Insights for the procurement solutions and services marketplace 2024: Supplier.io

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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Octopus Energy Lines Up to Become German Offshore Wind Developer

Supply Chain Brain

The U.K.’s second-largest household energy provider aims to bid in the country’s wind auctions in the “next year or two,” said chief executive officer Greg Jackson.

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Amazon promotes transportation exec to lead logistics network

Supply Chain Dive

Udit Madan has been named VP of worldwide operations at the e-commerce giant, succeeding John Felton.

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Iveco Group, BASF Team Up for European Battery Recycling Process

Supply Chain Brain

BASF will arrange the recycling process for lithium-ion batteries produced by the group on its vans, buses and trucks, including the collection, packaging, transporting and recycling processes in European countries.

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ADM to expand soybean traceability pilot ahead of EU deforestation regulations

Supply Chain Dive

The grain trader said it completed its first shipments of "verified, fully traceable soybeans" from the U.S. to Europe.

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Abuse of Consumer Returns Policies Rife, Report Finds

Supply Chain Brain

Among those who admitted to committing returns policy abuse, fraud, or other unfavorable return behaviors, between 20% and 30% said they engaged in this behavior at least once a week.

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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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Episode 149: Finding a Workable Model for Zero Emissions Fleets with Ron Hunt

Una

EPISODE 149 Finding a Workable Model for Zero Emissions Fleets with Ron Hunt By Kelly Barner | January 24, 2024 Despite the understandable enthusiasm around supply chain sustainability, there are many challenges associated with the fight to lower emissions: regulations, costs, and engineering, just to name a few. One of the challenges procurement will appreciate most, is the journey towards a workable business model that reflects today’s infrastructure reality and companies’ ability to invest.

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GXO to cease operations at Georgia facility

Supply Chain Dive

The closure, which will impact 69 employees, was filed days before another WARN letter notifying layoffs in Tennessee.

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Michigan Pilots Roadway that Charges EVs as They Drive

Supply Chain Brain

The quarter-mile segment of 14th Street will be used to test and perfect the technology ahead of making it available to the public within a few years.

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Tesla plans parts distribution center in South Carolina

Supply Chain Dive

The facility is expected to be completed in early 2024, aligning with its growing EV market.

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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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The difference between traditional AI and GenAI in S2P

Spend Matters

This article was derived from an interview between Spend Matters analysts Pierre Mitchell and Bertrand Maltaverne based on research conducted in partnership with SAP. AI existed for a long time before generative AI (GenAI) emerged. It enabled organizations to tackle more complex scenarios, and its current use cases are making processes much more impactful while augmenting human knowledge and capability.

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Port Everglades cargo volumes rise 3% YoY in November

Supply Chain Dive

The ports processed a total of 83,878 total TEUs, reflecting the first YoY increase for the fiscal year.

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Transforming Supply Chain Management with Intelligent Software

SCMR (Supply Chain Management Review)

The evolving landscape of supply chain management highlights the transformative potential of integrating intelligent software.

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What does a Procurement Manager do? Job Description, Skills, and Qualifications

Arkestro

Resources / Blog / What does a Procurement Manager do? Job Description, Skills, and Qualifications What does a Procurement Manager do? Job Description, Skills, and Qualifications As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing. The global procurement market was valued at $6.15 billion in 2022, and it’s expected to grow 11.1% from 2023 to 2030.

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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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The 10 Hottest German Procurement Startups

Procurement Software

Berlin is one of Europe’s key tech hubs. From the capital and beyond, German procurement startups are chipping away at a conservative business culture, making leaps and bounds towards modernising our profession. We take a look at early stage and growth startups from a country steeped in technological innovation and industrial dynamism. In this article, we’ve tried to focus on startups primarily serving customers in the DACH region (Germany, Austria and Switzerland).

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Watch: Last-Mile Speed Meets Last-Mile Quality

Supply Chain Brain

When it comes to meeting customer expectations for last-mile delivery, it's not just about speed. Service quality and visibility are equally important, says Jim Waters, vice president of marketing with Frayt.

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FTSE100 CPG Client – IT Procurement

Barkers Procurement

Following a successful engagement to support the client’s purchase of new ERP software, Barkers were retained to support the selection of an ERP Systems Integration partner and the subsequent contract negotiation with the successful vendor. Barkers were responsible for creating the RFP documents, running the RFP and BAFO processes, supporting the client in selecting the vendor and the detailed negotiation of a contract for delivery of the systems integration services.

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How do Supplier Auditors Ensure Quality and Compliance in Your Supply Chain?

Procurement Freelancers

Quality products and compliance with regulations and standards are necessary elements in the modern, busy…

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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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Supply Chain Management is finally the “top priority” for companies ahead of cybersecurity and sales management

Procurement Insights

The 2022 KPMG Global Technology Report indicates that Canada has quietly become a global leader in innovation, with a growing number of IT startups and fin-techs, as well as innovation communities and partnership networks. Canadian companies that embrace the partner ecosystem—which could include third-party service providers, technology companies, and advisors—can leap ahead in the race to transform.

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U.S. Lawmakers Demand Tougher Enforcement of China Forced Labor Import Ban

Supply Chain Brain

Leaders of the House Select Committee on the Chinese Communist Party wrote in a letter that the Biden administration should work harder to enforce the Uyghur Forced Labor Prevention Act.

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