Procurement Leaders
JULY 16, 2024
In partnership with Ivalua: CPOs must be prepared to pilot at pace, fail and learn from their mistakes to accelerate the adoption of AI and capture the full value that the technology offers
Supply Chain Dive
JULY 16, 2024
The Supply Chain Information Highway’s next phase of development will include additional rail cargo and export visibility, among other features.
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SCMDOJO
JULY 16, 2024
Transportation is a complex system, and even minor inefficiencies can have a ripple effect. This article explores challenges identified in a research paper by McKinnon (2006) focusing on vehicle utilization and efficiency in the freight industry [1]. We’ll delve into each challenge and explore potential solutions: 1. Demand Fluctuations: Challenge: Seasonal variations, daily sales fluctuations, and unpredictable demand patterns can lead to underutilized vehicles.
Supply Chain Dive
JULY 16, 2024
The retailer’s implementation of a new warehouse management system is a key component of its efforts to bolster its omnichannel capabilities.
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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.
Procurement Insights
JULY 16, 2024
Email No. 1 Hello, ABC Solution Provider. I had a productive call with the prospective client practitioner this morning. After providing them with added industry insight regarding competitors in the market and understanding their decision-making process, here is what I know: Their priorities regarding a solution provider – feet on the ground presence regionally is important.
Supply Chain Brain
JULY 16, 2024
The Senate committee's investigation found that there were 45 injuries for every 100 workers over the course of Prime Day 2019.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Brain
JULY 16, 2024
GM's board of directors asserted that the company's policies already reflect a "zero-tolerance" approach to child labor.
Finale Inventory
JULY 16, 2024
In ecommerce, managing inventory efficiently is key to the success of any business. One important aspect of inventory management is conducting regular cycle counts. By regularly auditing and reconciling physical inventory with recorded quantities, businesses can ensure accurate stock levels and avoid costly errors. This article will examine various methods and implementation strategies for streamlining inventory cycle counts.
Supply Chain Brain
JULY 16, 2024
The challenges posed by the narrow St. Lawrence Seaway have long stalled shipping traffic to the Chicago metropolitan area.
Finale Inventory
JULY 16, 2024
Backflushing is an important concept in ecommerce. It refers to a specific inventory management process that can streamline operations, save time, and improve efficiency. This article examines the intricacies of backflushing, covering its definition, role in ecommerce, processes, benefits, common misconceptions, and how to implement it in your own business.
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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.
Supply Chain Brain
JULY 16, 2024
There’s no one-size-fits-all strategy when determining whether to outsource or insource manufacturing operations, says Sam New, director analyst at Gartner.
Finale Inventory
JULY 16, 2024
Inventory management is a key aspect of running a successful ecommerce business. Effective management of your inventory can lead to increased efficiency, reduced costs, and improved customer satisfaction. This article will cover 17 effective strategies for inventory management in 2024 that are specifically tailored to the needs of ecommerce businesses.
Supply Chain Brain
JULY 16, 2024
June figures were down in part due to some vessel owners opting to unload or refuel at Malaysian ports to avoid delays.
Finale Inventory
JULY 16, 2024
When it comes to ecommerce, the efficiency of a warehouse is vital in meeting customer demands and maintaining profitable operations. A well-designed warehouse layout maximizes space utilization and enhances workflow efficiency. This article will cover the importance of warehouse layout design, key factors influencing it, steps involved in creating an efficient layout, common challenges, and future trends.
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
Barkers Procurement
JULY 16, 2024
Three Graduate Consultants at Barkers attended a sustainability course spread across three days in early 2024 with the University of Liverpool Management School , alongside other professionals from varying backgrounds and business landscapes. The course was broken down into smaller, more specific areas of sustainability with talks delivered by Subject Matter Experts.
Finale Inventory
JULY 16, 2024
In ecommerce, setting the right retail price is a key step toward a successful business. It requires careful consideration of various factors to ensure profitability and competitiveness. This article covers the formulaic approach to calculating retail price and discusses key terms, components, and strategies that can help you make informed pricing decisions.
Supply Chain Brain
JULY 16, 2024
For retailers that are working to meet consumers’ ever-changing demands, the first and most important question to ask is: are our data practices where they need to be?
ContractSafe
JULY 16, 2024
Contract analytics transforms your agreements into strategic assets, streamlining operations and giving your small business the tools it needs to scale.
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.
The Procuretech Podcast
JULY 16, 2024
This week on The Procurement Software Podcast, host James Meads dives into the world of entrepreneurial procurement. Tune in to discover how this approach encourages innovation, efficiency, and greater value delivery, transforming the procurement function into a strategic driver within organisations. Entrepreneurial Procurement: Pragmatism over Rigid Process In this episode, we explore adopting an entrepreneurial mindset in procurement, focusing on prioritising results over rigid processes.
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