Tue.Nov 26, 2024

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Increased Consumer Confidence Will Boost Holiday Shopping

Supply Chain Brain

Thanksgiving spending is expected to rise by 1.8% year-over-year, followed by a projected 2.8% bump for Black Friday, and then a 3% increase in Christmas sales.

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How spend analytics solutions support risk management

Spend Matters

Spend analytics vendors do what their name implies: they derive insights from spend data. However, that is not all they are capable of doing. Many spend analytics vendors apply that analytical expertise elsewhere, such as contracts, carbon emissions or supplier performance. This results in analytical data not just for those areas but also dashboards and opportunities that use hybrid data (spend + another factor) to help determine KPIs and enterprise goals.

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The Campbell’s Company names head of supply chain

Supply Chain Dive

The CPG giant announced company veteran Cassandra Green as its SVP and head of supply chain amid a production overhaul.

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Price Smart, Act Fast: Agentic AI’s Role in Retail’s Next Chapter

Supply Chain Brain

Understanding what makes an AI agent truly agentic, and integrating these models into their operations will be essential for retailers aiming to stay competitive and agile.

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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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Hy-Vee improves visibility, delivery performance

Supply Chain Dive

The grocery retailer’s adoption of a transportation management system allows it to better operate its complex cross-dock network, according to SVP of Distribution Matt Beenblossom.

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German Steelmaker to Cut 40% of Jobs

Supply Chain Brain

The German steel industry already faces pressure from Asian competitors and high energy prices, but the outlook is worsened by threatened tariffs imported into the U.S. by President-elect Donald.

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More Trending

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Sweden Asks Ship Linked to Cable Breaches to Approach Its Waters

Supply Chain Brain

The bulk carrier, Yi Peng 3 , is currently anchored just outside of Denmark’s territorial waters, with vessels from Sweden, Denmark and Germany monitoring it.

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Ransomware hits supply chain software firm Blue Yonder ahead of Thanksgiving

Supply Chain Dive

The attack against Blue Yonder led to issues for Morrisons, a U.K.-based grocery chain, in its warehouse management system for fresh food and produce.

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Breaking Free from Legacy EDI Systems: Lessons from Hirschbach’s Migration to Orderful

Supply Chain Brain

Legacy EDI systems can slow growth, strain resources, and leave teams with limited visibility into critical processes. In this webinar, Ivan Ramirez, CTO at Hirschbach, shares how his team reduced onboarding times from 1-2 weeks to just 2-3 weeks by transitioning from a legacy system to Orderful’s modern EDI platform.

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Spot trucking rates climb, offering hope to carriers

Supply Chain Dive

Shippers are still benefiting from a discount in the spot market of 8.7% below contract rates, DAT Group Product Manager Chad Kennedy said.

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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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Procurement Decentralization 20 Years Later

Procurement Insights

EDITOR’S NOTE: AI, Generative AI, and Agentic AI are not new. They are not an exciting breakthrough, nor are they a competitive edge. Like my teenage daughter’s recent discovery of the Beatles, these “tools” are as great today as they were 20 years ago. However, to succeed, we must finally learn how to use them properly, e.g., using an agent-based versus equation-based development and implementation model.

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Report: SMEs are Increasingly Vulnerable to Cyberattacks

Supply Chain Brain

Supply chain attacks have surged by 431% since 2021, indicating a growing vulnerability in interconnected business ecosystems.

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The 2024 Tariff Plan Impact On Direct Material Silent Slopes

Procurement Insights

“Clearly, tariffs will raise costs for imported and domestic raw materials (steel, aluminum, plastic resins, wood, paper, etc.). We should all be prepared when suppliers cite these cost increases to justify higher prices for the products they sell us. Preparation includes detecting supplier “Margin Creep” (Silent Slopes) – the common practice of raising prices more than required to cover their cost increases.” – Rod Sherkin , ProPurchaser.com Inc.

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Top 10 AP automation benefits every modern business needs to thrive

Fraxion

Top 10 AP automation benefits every modern business needs to thrive Picture this: Your accounts payable (AP) team is facing mountains of paper invoices, manually matching them to purchase orders, chasing down approvals, and reconciling payments. Late fees are creeping in, vendor relationships are strained, and the end-of-month close feels like a marathon.

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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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How many procuretechs will still be around in 2 years' time?

The Procuretech Podcast

In this episode of The Procurement Software Podcast, host James Meads delves into a provocative topic inspired by a LinkedIn post from industry commentator John W. Hansen. The post claims that 83% of AI initiatives fail and predicts that 75% of AI solution providers will be out of business by the end of 2025. Tune in as he breaks down these bold claims and offers insights into the future of procurement technology.

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Impact of tariffs on supply chains – 1930, 2009, 2024

Procurement Insights

What are you suggestions to leadership this morning on how you should manage the proposed tariff’s on goods from Mexico, China and Canada? – Roger Blumberg (LinkedIn Poll) Here is an excerpt from a post I wrote in 2009 at the height of the Buy American controversy – [link] “Upcoming posts will examine the differences between the economic climate in 1930 and 2009 to determine if there are indeed parallels to be drawn and used to achieve a collective best result outcome.

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Technology Trends 2024: McKinsey’s Analysis & What It Means for High-Tech Manufacturing

Arkestro

Resources / Blog / Technology Trends 2024: McKinsey’s Analysis & What It Means for High-Tech Manufacturing Technology Trends 2024: McKinsey’s Analysis & What It Means for High-Tech Manufacturing The high-tech manufacturing industry — and the market at large — has seen its share of challenges over the past few years. Technology equity investments fell 30-40% in 2023 alone, largely due to increased costs and economic uncertainty.

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Trump nominates Rep. Lori Chavez-DeRemer for secretary of labor

Supply Chain Dive

The Teamsters president voiced support for Chavez-DeRemer, saying she previously pledged to “protect and respect labor in America.

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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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Top Supply Chain Trends Driving Change in 2024 and Into 2025

NLPA (Next Level Purchasing Association)

The supply chain trends of 2024 have reshaped how businesses navigate challenges and embrace opportunities. As we wrap up the year, it’s clear the supply chain world isn’t slowing down. From navigating political tensions to keeping up with new technologies, this year brought plenty of challenges but also paved the way for exciting changes. Supply chain professionals have worked hard to stay ahead, and the supply chain trends we’ve seen this year are already setting the stage for what’s to come i

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War of Words Over Trump Tariffs Heats Up

Supply Chain Brain

Trump said the tariffs would remain in place until the two countries clamp down on drugs, particularly fentanyl, and migrants crossing the border illegally.

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Lina Castaneda talks about the power in our differences

Let's Talk Supply Chain

As we look back at supply chain management over the last year—whether you’re in logistics or manufacturing—there are signs of progress we can all be thankful for. The COVID-19 pandemic sent shockwaves across supply chains , highlighting regional dependencies and labor shortages. These disruptions continued through record climate events and global inflation.

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Trump calls for 25% tariffs on imports from Canada and Mexico

Supply Chain Dive

The president-elect also called for additional 10% tariffs on imports from China as part of his day one White House plans.

Import 101
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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.

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Will Trump Tariffs Spell the End of Temu, Shein in the U.S.?

Supply Chain Brain

Temu and Shein's viability in the U.S. could rely on whether Biden or Trump opt for meaningful changes to de minimis rules in the coming months.

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