Tue.Mar 05, 2024

article thumbnail

Why Container Lines Don’t Fear the Massive Supply of New Ships on Order

Supply Chain Brain

The world’s major ocean container lines can’t get enough of big new ships — never mind the threat of severe overcapacity and a resulting downward pressure on freight rates.

Supply 126
article thumbnail

Spend Matters releases the Spring 2024 SolutionMap Insider featuring 79 procurement technology solutions

Spend Matters

Today Spend Matters is delighted to announce the release of its Spring 2024 SolutionMap and TechMatch℠ procurement technology rankings, which include 79 procurement technology vendors. Known as the most data-centric functionality assessment of procurement technologies in the industry, SolutionMap Insider put these 79 procurement technology vendors through rigorous functionality and capability assessments via 500+ RFI requirements across 12 source-to-pay (S2P) categories, with mandatory demos and

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Supply chain mistake part of Lordstown Motors SEC case

Supply Chain Dive

Lordstown misrepresented its timeline for delivering the Endurance electric pickup truck by failing to account for production delays due to parts problems, the SEC said.

article thumbnail

The Supply Chain Triad

SCMR (Supply Chain Management Review)

The long history of academia, industry and students working together to create supply chain solutions has never been more important as complexity increases.

article thumbnail

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.

article thumbnail

Whirlpool to Shift Focus from Large Appliances to Smaller Ones

Supply Chain Brain

The shift is Whirlpool’s latest effort to overhaul its more than century-old business as consumers pull back on large purchases following the upheaval of the pandemic.

article thumbnail

Gemini Cooperation unlikely to expand: Hapag-Lloyd CEO

Supply Chain Dive

The alliance-like structure with Maersk will include some unique arrangements, but two carriers should be sufficient, the shipping executive said.

110
110

More Trending

article thumbnail

What are companies investing in procurement talent development?

Procurement Insights

“Delighted to launch our first End-to-End Supply Chain graduate programme. Please share with anyone in your personal or professional network who might be interested” – Stuart Nicholas , Global End-to-End Supply Chain Strategy & Transformation Director – Costa Coffee (The Coca-Cola Company) “Our brand new, 2-year rotational programme starts in January 2024 and provides a fantastic opportunity to build a career in Supply Chain through placements in areas including

article thumbnail

How Generative AI Will Drive Sustainable Sourcing in 2024

Supply Chain Brain

Supply chain sustainability might once have once seemed like a luxury: nice to have, but not a strategic imperative. Those days are over.

article thumbnail

ISM reports another month of services sector growth in February

SCMR (Supply Chain Management Review)

The Services PMI, at 52.6 (a reading of 50 or higher signals growth), fell 0.8% in February, while growing, at a slower rate, for the 14th consecutive month. This marks growth in 44 of the last 45 months, with December 2022 being the one month with a decline over that period.

74
article thumbnail

Supply Chain Sustainability - Strategy to Action

Supply Chain Brain

Supply Chain leaders face increasing expectations around their supply chain's sustainability performance from regulators and other stakeholders, while cost savings and business growth remain key priorities.

article thumbnail

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.

article thumbnail

Oatly slashed SKUs and canceled factory plans to rightsize its supply chain. Now it’s paying off.

Supply Chain Dive

The oat milk maker is gaining more market share and saw profit margins improve after scaling down its operations.

article thumbnail

Billionaire Shipping Clan Gives ‘Exceptional’ Donation to Louvre

Supply Chain Brain

The company has previously sponsored the restoration of the Apollo basin in the gardens of the Versailles Palace and the renovation of the Musee National de la Marine.

96
article thumbnail

Episode 155: Don’t Get Fired with Mark Grieco

Una

EPISODE 155 Don't Get Fired with Mark Grieco By Kelly Barner | March 6, 2024 Procurement professionals constantly find themselves in a tough spot, multiple cost and non-cost based objectives to hit, stakeholders to appease, suppliers to wrangle with, and that is just the beginning. They’re also finding ways to do all of the above in a work environment where we have less in-person access to their colleagues.

article thumbnail

U.K.'s February New Car Sales Highest in 20 Years

Supply Chain Brain

This brings the number of months of consecutive growth to 19, mainly driven by companies buying vehicles for use by their employees.

93
article thumbnail

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

article thumbnail

Category Management in Purchasing 5th edition book – pre-order now!

Positive Purchasing

Approach Purchasing and Procurement Strategically, Effectively and Sustainably with Category Management. Category Management in Purchasing will help you source strategically and deliver profitability and new supply-side value effectively with a step-by-step guide to the tools, techniques and application of category management. Now in its fifth edition, this highly regarded and essential text provides what everyone in procurement needs when striving to make category management a reality.

article thumbnail

The 25 Hottest US Procurement Startups

Procurement Software

Hot diggity dawg! US procurement startups are killing it. There are so many, in fact, that we expanded our article to include 25 of them. What started out as a top 10 article quickly became obvious that we needed to cover more! It’s no surprise that in the home of big tech, Silicon Valley and seemingly endless VC investors, there’s a thriving and diverse procurement tech ecosystem.

article thumbnail

Finding Purpose In and Through Procurement

Una

Finding Purpose In and Through Procurement Lessons from Ikigai and considering procurement’s true value in the world and the joy that can be found when contributing to it. By Mackenzie Oakley | March 5, 2024 Search Search Finding purpose, meaning, and balance can bring great benefit to your professional and personal life, but contemplation of this sort often ends up overshadowed by more “important” demands of the day.

article thumbnail

Target Starts $49 Membership Program to Compete With Amazon, Walmart

Supply Chain Brain

For Target and other retailers, paid memberships are valuable because they bring in additional revenue and deepen loyalty among its customers.

59
article thumbnail

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.

article thumbnail

Birkenstock’s expanding production capacity lifts sales as it eyes more growth ahead

Supply Chain Dive

The footwear brand plans to double capacity in the next three years, spending tens of millions of dollars along the way.

96
article thumbnail

Watch: Welcome to the Age of 'Channel-Free' Logistics

Supply Chain Brain

Forget about the omnichannel. We're living in the world of "channel-free" logistics, says Bill Thayer, founder and chief executive officer of Fillogic.