Tue.Oct 22, 2024

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Oregon Looks to Build West Coast's First Ship-to-Rail Port Terminal

Supply Chain Brain

Roughly two million import and export containers are expected to move through the Port of Coos Bay each year once the new terminal is up and running.

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Navigating the Future of Procurement: Harnessing AI and Automation for Strategic Success

Arkestro

In today's fast-paced business environment, procurement teams are often trapped in reactive cycles, limited from providing strategic foresight.

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Trending Sources

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UN Report: Future-Proofing Supply Chains a 'Strategic Necessity'

Supply Chain Brain

The UNCTAD's report released on October 22 found that container trade measured in tons of cargo grew by just 0.3% in 2023.

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CPKC, CSX receive approval to create Mexico-Southeast U.S. link

Supply Chain Dive

The railroads are creating the interchange to compete for intermodal service between the two countries.

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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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India Grapples With Surge in Hoax Bomb Threats Against Airlines

Supply Chain Brain

Although it's unclear what exactly it is that's sparked this recent increase, most of the threats appear to be coming from anonymous accounts on social media.

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Ford inks battery supply deal with LG Energy Solution

Supply Chain Dive

Under the agreement, battery production for the Mustang Mach-E will be moved from Poland to Michigan.

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More Trending

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Retail inventories in good shape for holidays: NRF CEO

Supply Chain Dive

Matthew Shay said companies averted disruptions related to the East and Gulf Coast port strike by moving goods early.

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Navigating the future of Procurement: Harnessing AI and Automation for strategic success

Spend Matters

This content does not express the views or opinions of Spend Matters. In today’s fast-paced business environment, procurement teams are often trapped in reactive cycles, limited from providing strategic foresight. A key solution is embracing digitalization, specifically by integrating orchestration, automation and artificial intelligence (AI) into procurement processes.

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SureWerx taps new global supply chain chief

Supply Chain Dive

The protective equipment manufacturer promoted Eric Fouts to the role after hiring him as VP of supply chain.

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Arkansas May Have Enough Lithium Reserves for World’s Batteries

Supply Chain Brain

The researchers say there might be 5-19 million tons of lithium in an underground brine reservoir in the Smackover Formation.

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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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Purchasing and Global Supply Chain Professionals’ Group – Getting to160,000 members worldwide

Procurement Insights

NOTE: The video starts at the 1:27 mark. Overview: In the Informal Discussion / Knowledge Sharing meeting led by James E. Martin, the focus was on the dynamics of procurement and supply chain management, highlighted through Martin’s extensive LinkedIn group, which supports over 160,000 members, providing actionable insights rather than high-level discussions.

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Panama Speeds Up Process to Revoke Sanctioned Vessels

Supply Chain Brain

Prior to this new expedited process, it would take months to remove a sanctioned vessel from the Panama Ship Registry.

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JAGGAER Announces Strategic Partnership with AppZen to Deliver AI-powered Invoice Automation

Jaggaer

Research Triangle Park, N.C., October 22, 2024 – JAGGAER, a global leader in enterprise procurement and supplier collaboration, today announced a strategic partnership with AppZen, a pioneer in AI-powered finance automation, to offer AppZen Autonomous Accounts Payable (AAP) in JAGGAER. This collaboration, scheduled to be released later this year, aims to transform invoice processing for enterprises globally by integrating AppZen’s AI technology into JAGGAER’s comprehensive procure-to

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IT Strategies to Help U.S. Manufacturers Overcome Today's Challenges

Supply Chain Brain

The operational challenges that manufacturers face today, including rising raw-material costs, energy price hikes and competition from low-cost imports, has them asking: How can we stay competitive under these conditions?

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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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Agentic AI And Agent-Based Models: An Important Crossroads

Procurement Insights

“Agentic AI is closely related to agent-based modeling, where systems are modeled as agents that act based on a set of rules. In AI, agents move beyond simulation and into real-world application, where they act autonomously to achieve specified goals.” – ChatGPT We are an industry of acronyms and, at times, subtle and not-so-subtle semantics, so it was only a matter of time before the next big industry buzzword or term would pop into our collective conscience.

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Watch: Case Study: Using Warehouse Robots to Manage the Peaks and Valleys of Demand

Supply Chain Brain

Jennifer Chung, director of automation and innovation for North America with DSV, and Laura Adams, director of customer lifecycle marketing with Locus Robotics, tell how Locus helped DSV to meet the seasonal needs of a key customer.

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10 things that Digital Procurement solutions CAN'T fix

The Procuretech Podcast

In this episode of The Procurement Software Podcast, host James Meads dives into the essential, often overlooked aspects of digital procurement transformation that go beyond the software itself. He discusses 10 critical factors that organisations must address, such as people dynamics, internal politics, and deep-rooted organisational issues that technology alone can't resolve.