Tue.Sep 10, 2024

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Ocean carriers form ‘Premier Alliance’

Supply Chain Dive

In an evolution of THE Alliance, Ocean Network Express, Hyundai Merchant Marine and Yang Ming Marine will cooperate on trade lanes starting in 2025.

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How Robotic Process Automation Helps Reduce Business Costs

Supply Chain Brain

The fact that employees spend many paid work hours on clerical tasks doesn’t help a company's bottom line.

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US Postal Service’s transportation shakeup: What shippers should know

Supply Chain Dive

The agency's proposal would add an extra day in transit for some volume at post offices far away from its major processing plants.

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Boeing Must Be ‘in the Green’ Before 737 Max Cap Is Lifted, FAA Head Says

Supply Chain Brain

The FAA capped output of Boeing’s 737 Max at a rate of 38 per month in the wake of a January 2024 near-catastrophe, in which a door cover blew off during flight.

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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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FMC OKs Maersk, Hapag-Lloyd alliance

Supply Chain Dive

The Federal Maritime Commission allowed the Gemini agreement to take effect Monday after initially halting it in July.

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Bulk Shipping: A Key Strategy for Cross-Border Trade

Supply Chain Brain

Bulk shipping and consolidation strategies are emerging as potential tools for businesses looking to simplify their international shipping.

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Hamburg Port Workers Urged by Union to Accept Deal

Supply Chain Brain

Some rail operators were locked out of the Port of Hamburg on the morning of September 6.

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Lowe’s, Home Depot supplier to open distribution center in Kansas

Supply Chain Dive

Construction tools and equipment maker Marshalltown’s $27 million facility investment will feature robotics and automation.

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Why Dropshipping is a Lucrative Opportunity for Sourcing Agents

Procurement Freelancers

Selecting the correct items to sell might be difficult. You hunt vendors for hours, bargain… The post Why Dropshipping is a Lucrative Opportunity for Sourcing Agents first appeared on Procurement Blog | Procurement & Supply Chain News.

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How to show procurement software ROI: Start small!

Procurement Software

Proving that there is an ROI on procurement software is often tough. Our colleagues in Sales tend to get given whatever they want to facilitate their roles, but we definitely have it tougher. Rather than complain about it, I’m going to explain how to embrace it. It’s all about starting small and building momentum. Make your stakeholders happy on a shoestring budget , and get some small wins that create a snowball effect.

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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 Useful Is The Gartner Hype Cycle for Procurement and Sourcing Solutions

Procurement Insights

“The Gartner Hype Cycle for Procurement and Sourcing Solutions helps companies understand the maturity and potential of different procurement technologies over time. First introduced to the procurement space around the early 2000s, it categorizes technologies into different phases of the hype cycle: “Innovation Trigger,” “Peak of Inflated Expectations,” “Trough of Disillusionment,” “Slope of Enlightenment,” and “Plateau of Productivity.

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AstraZeneca Defends China Compliance In Wake of Staff Detentions

Supply Chain Brain

Chinese authorities are looking into the company’s collection of patient data to assess whether it infringed on data privacy laws.

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Why SEO is a detrimental hoax to justify control of the narrative on the Internet and its impact on GenAI Scraping

Procurement Insights

Around the same time I started working earnestly with using self-learning algorithms in the late 1990s, SEO “officially” became a thing. Conceptually, I understood the potential benefits. However, I also understood the risks of using algorithms to search, sort, and control the dissemination of information. It is one of the reasons I thumb my nose at LinkedIn’s algorithmic attempt to limit the distribution of content by penalizing people for things like tagging or including nece

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FedEx Fulfillment Invests in Robotics Firm

Supply Chain Brain

FedEx will use Nimble’s fulfillment centers in North America to expand robotics capabilities and attract more e-commerce customer.

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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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How to make SAP more intuitive - Shaun Syvertsen from ConvergentIS

The Procuretech Podcast

In this episode of The Procurement Software Podcast, host James welcomes Shaun Syvertsen, CEO of Convergent IS, to discuss how organisations can enhance their procurement processes by improving the user experience of SAP. They delve into the complexities of the system and share insights on how to leverage procurement technology to simplify the intake-to-procure process for companies who use SAP as their ERP.