Thu.Jul 18, 2024

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De Minimis: Supply Chain Trifles the Law Should be Concerned With

Art of Procurement

Section 321 of the U.S. Tariff Act of 1930 contains a small provision known as ‘de minimis,’ a Latin phrase. The post De Minimis: Supply Chain Trifles the Law Should be Concerned With appeared first on Art of Procurement.

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Potential Efficiency Improvements: Vehicle Efficiency in Businesses

SCMDOJO

Vehicle efficiency is a critical factor for businesses operating trucks. It directly impacts operational costs and environmental footprint. This blog post explores various strategies that can significantly improve vehicle efficiency in truck operations. Implementing these practices can lead to substantial business cost savings and a cleaner environment.

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Tech giants seek to improve scope 3 emissions transparency

Supply Chain Dive

Leaders of the digital infrastructure climate group iMasons Climate Accord called for using third-party verified assessments for data center suppliers.

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How iPaaS Can Pave the Way for Seamless Automation Adoption

Supply Chain Brain

Chief information officers today face increasing pressure to keep pace with advances in technology. And that brings the role of the integration platform as a service (iPaaS) into prominence.

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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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Port of Los Angeles to upgrade Port Optimizer after California grant

Supply Chain Dive

The nearly $8 million in funds will be used to improve container visibility, truck appointment integrations, emissions reporting and more.

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Trucking Industry Gets Boost as Peak Shipping Season Arrives a Month Early

Supply Chain Brain

With concerns over transit delays in the Red Sea and the looming threat of an East Coast and Gulf port longshoremen strike, retailers began restocking shelves in June.

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California Pours $27M into Port Data, Technology Projects

Supply Chain Brain

The funds will be used for 10 separate projects across five ports, including cargo route optimization, emission reductions, and trucking appointment systems.

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Amazon hits renewable energy goal early, reduces carbon emissions

Supply Chain Dive

The e-commerce giant matched its electricity consumption, including in fulfillment centers, with renewable energy.

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Watch: What's Next for Supply Chain Management: Moving to Proactive Intelligence

Supply Chain Brain

Proactive intelligence enables you to balance the fine line between cost and resilience, says Brandon Daniels, chief executive officer of Exiger.

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Retail Inventory Management: 15 Best Practices for 2024 | Ecommerce

Finale Inventory

Retail inventory management is a fundamental part of running a successful ecommerce business. With the evolving landscape of online retail, staying ahead is crucial. Effective strategies can optimize inventory control and enhance overall efficiency. This article outlines key aspects of retail inventory management and future trends shaping the industry.

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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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Dior, Armani Under Fire for Misleading Consumers Over Abuse of Workers

Supply Chain Brain

Prosecutors in Milan found that Armani and Dior had subcontracted out production of their handbags to Chinese-owned companies in Italy that violated a litany of ethical labor regulations.

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How to Calculate Handling Fees: Definitions and Calculations | Ecommerce

Finale Inventory

Handling fees are vital to the success and profitability of online businesses. Understanding how to calculate these fees accurately is necessary for ensuring smooth operations and maintaining a healthy bottom line. In this article, we will cover the definitions, calculations, and best practices for implementing handling fees in your ecommerce business.

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Omani Wealth Fund-Backed Port Operator Sets Sights on Asia Ports

Supply Chain Brain

The firm with $4 billion of assets is keen to branch out from its Middle East base to play a larger global role as economic growth expands demand for shipping.

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What is Manufacturing Lead Time? A Comprehensive Overview | Ecommerce

Finale Inventory

Manufacturing lead time is a significant concept in ecommerce. It refers to the duration required for a product to be manufactured from the moment an order is placed until it is ready to be shipped. This article will cover various aspects of manufacturing lead time, its significance, its effect on supply chain management, strategies for reducing it, and future trends in this area.

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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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Port of LA Volumes Up 14% for First Six Months, YoY

Supply Chain Brain

The Port of Los Angeles processed 827,757 Twenty-Foot Equivalent Units (TEUs) in June, a 10% increase over the previous month

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Eye-Opening Small Business Statistics for 2024 | Ecommerce

Finale Inventory

Small businesses are the backbone of the economy, driving innovation, creating jobs, and fueling economic growth. As we look ahead to 2024, it’s important to understand the landscape of small businesses and the trends that will shape their future. This article presents a range of insightful statistics that highlight the state of small businesses in 2024, focusing specifically on the role of ecommerce in their expansion.

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Podcast | The Short Shelf Life of Electronic Components in A&D

Supply Chain Brain

How do we solve the problem of obsolete electronic components in the aviation and defense industry?

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Classifying Inventory: Methods, Examples, and Best Practices | Ecommerce

Finale Inventory

Inventory classification is pivotal to the success of any ecommerce business. By categorizing inventory items based on their value, demand, or other key factors, businesses can make informed decisions regarding purchasing, stocking, and managing their inventory. This article covers various methods of inventory classification, its significance in ecommerce, and best practices for optimizing this process.

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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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How to Improve Employee Retention with eLearning

Skill Dynamics

Are you struggling to keep a consistent team? Or finding skills shortages amongst staff as key talent leaves? Employee retention is an inevitable issue, however having a strategy for retaining your top talent can ensure your very best employees feel valued enough to stay. As the world of work shifts further towards remote and virtual environments, businesses need to offer flexibility to try and compete.

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A Guide to Electronic Data Interchange (EDI) in 2024 | Ecommerce

Finale Inventory

In the rapidly evolving field of ecommerce, having effective and dependable systems is key for businesses to maintain their competitive edge. One such system that has transformed the way businesses exchange data is Electronic Data Interchange, or EDI. This guide offers a comprehensive look at EDI and its impact on ecommerce in 2024. Understanding Electronic Data Interchange (EDI) EDI is the electronic exchange of business documents between trading partners in a standardized format.

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STOP Selling and Marketing – START Building Relationships

Procurement Insights

We are inundated with an unprecedented volume of information. A recent survey by the team at Heyday found that the average person consumes four articles, more than 8,000 words and more than 200 messages daily. Yet, research suggests that we forget up to 70% of new information within 24 hours if we don’t actively engage with it. This “forgetting curve” shows that despite our voracious content consumption, we retain only a fraction of what we read. – Anne-Laure Le Cunff , Ness Labs Occ

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