April, 2024

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How Analytics Improve the Efficiency of Supply Chain Management

All Things Supply Chain

Analytics is a powerful tool that supply chain experts find critical in the modern competitive market.

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Navigating the New Climate Paradigm in Supply Chains

Supply Chain Queen

In a world where the climate is rapidly changing, traditional methods and strategies in supply chain management are being put to the test. The phrase "the farmer that blames the poor tractor" offers a poignant parallel to this situation. It speaks to the human tendency to blame tools or external factors for failures, without acknowledging.

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Trending Sources

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Influence of Air on COGS

ABC of Procurement

Do you think air can not influence your COGS (Unless you sell compressed air)? It can, and here is a real example. The post Influence of Air on COGS first appeared on ABC of Procurement.

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U.K. Brexit Import Checks Delayed, Causing Confusion

Supply Chain Brain

Under the rules, medium- and high-risk products, which include meat and dairy products, as well as most plants, could be subject to checks at the borders for biosecurity.

Import 145
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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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Amazon leapfrogs UPS, and 4 other takeaways from a top shipping index

Supply Chain Dive

Market conditions are leading to shifts in U.S. volume share, with some upstarts gaining ground, according to new parcel delivery data from Pitney Bowes.

Data 142
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Even with +1, China is still #1

Art of Procurement

China’s role in the global supply chain is changing right before our eyes, leaving foreign buyers to feel the discomfort. The post Even with +1, China is still #1 appeared first on Art of Procurement.

Buyers 133

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CPO Crunch: Win friends and influence people

Procurement Leaders

One of the privileges of being in this role is the opportunity it offers to have regular conversations with CPOs about their visions for the function and the strategic journeys they are on. It’s inspiring and helps to inform many of our own strategic product decisions. It’s conversations like these, as well as the many other community interactions we have, which have informed the development of our long-term product theme, Horizon 2030: Glide Paths for Sustainable Growth.

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Colliding Views

Procurement Templates

Some of my stakeholders were baffled wondering why they can ask the same question but be given different answers. They would ask various procurement managers for advice but often got a different response depending on who they ask. For context the stakeholder is asking for procurement advice set within the rules for public sector buying and a UK regulatory framework.

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Charting a Sustainable Path: Retail Supply Chain Evolution in 2024

Supply Chain Brain

Retailers have an opportunity to prioritize a more sustainable supply chain. But how can they do this while continuing to grow the business?

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UPS sees big opportunity in Mexico’s nearshoring wave

Supply Chain Dive

The delivery giant anticipates both financial and efficiency benefits by handling U.S.-destined volume further upstream.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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How can a focus on biodiversity and nature help us create sustainable and circular world?

Supply Chain Queen

How can a focus on biodiversity and nature help us understand ourselves and create sustainable and circular world? Biomimicry isn't just about adapting physical designs from nature; it can also shed light on understanding human behavior and societal patterns. Nature, with its intricate systems, provides us with rich models for studying our own behaviors and.

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Navigating the Future: Emerging Careers in Supply Chain Logistics for Graduates

All Things Supply Chain

In today’s rapidly evolving global marketplace, the field of supply chain logistics stands at the forefront of innovation and efficiency, offering a wealth of opportunities for recent college graduates.

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CPO Crunch: The forces of supply

Procurement Leaders

The concept of supply chain redesign has been the subject of several CPO discussions over the past couple of years, increasingly since Covid and even more so since Russia’s invasion of Ukraine. Why? Many reasons. The need to de-risk over-complex supply routes, the demand for additional redundancy to drive supply security, the decoupling from certain regimes and regions due to geopolitical tension and inter-state competitive posturing, to name a few.

Supply 130
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100 Day Plan

Procurement Templates

Imagine starting a new procurement role where you have a real chance of making changes and influencing the procurement direction. If this 100 day plan was broken down into 10 stages , what might you want to do? Stage 1: Assessment and Understanding Days 1-10 Stakeholder Meetings: Schedule and conduct meetings with key stakeholders, including department heads, finance, and operations to understand current challenges, requirements, and expectations.

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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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How AI Transforms Trade Classification and Compliance

Supply Chain Brain

The trading world is a perfect candidate for artificial intelligence-based tools and capabilities, to enhance the quality and productivity of classification and compliance.

Quality 138
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UPS wins US Postal Service air cargo contract, usurping FedEx

Supply Chain Dive

The delivery giant will ramp up its activity with the agency after a transition period, eventually moving the majority of its domestic air cargo.

Contract 141
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10 Reasons Investment in Women Builds a Sustainable World

Supply Chain Queen

Want to change the world? Invest in women. Here are 10 reasons why the inclusion and empowerment of women are crucial for sustainable development and building a better world: 1. Economic Growth: Women's participation in the workforce, especially in leadership roles, contributes to more diverse and robust economic growth.

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Emerging Trends in Logistics Training: Preparing for Tomorrow’s Challenges

All Things Supply Chain

Navigating the ever-evolving landscape of logistics requires a keen understanding of emerging trends.

Logistics 223
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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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CPO Crunch: When it comes to AI, the key to starting is starting

Procurement Leaders

Given it’s dominated almost every conversation over the past 18 months, it was no surprise that artificial intelligence was top of everyone’s minds at the recent Americas Procurement Congress in Miami. What was evident from the discussions in the room is everyone understands the importance and the potential of AI. The issue leaders continue to grapple with, however, is identifying and prioritising use-cases for the technology – particularly when budgets are limited.

Budget 130
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Route to Market

Procurement Templates

Procurement Route to Market Template Introduction: Provide an overview of the project or requirement. Briefly outline the purpose of procurement. Objectives: Define the specific objectives of the procurement process. Clarify the desired outcomes and deliverables. Scope of Work: Detail the scope of work or services to be procured. Include any technical specifications or requirements.

Bidding 130
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Why should I opt for E-procurement?

ProcurePort

Businesses are always looking for ways to make their operations more efficient and save money in the fast-paced digital world. One such avenue that has gained significant traction in recent years is electronic procurement, commonly known as e-procurement. E-procurement uses digital tech to streamline the procurement process, from finding suppliers to buying and managing contracts. […] The post Why should I opt for E-procurement?

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Port of Los Angeles cargo volumes rise 19% YoY in March

Supply Chain Dive

The West Coast port expects volumes to continue to grow in April, despite being a more muted shipping season.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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Report: Tyson Foods Dumped 371M Pounds of Waste into U.S. Waters Over 5 Years

Supply Chain Brain

The toxic waste includes chemicals such as nitrogen, phosphorous, chloride, oil, and cyanide, released into rivers and lakes between 2018 and 2022 in 17 states.

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5 Policies to Enact to Ensure Safety in Your Warehouse

All Things Supply Chain

Successful warehouses are a busy hub of activity where you can expect to see employees moving throughout the facility as they perform their duties.

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CPO Crunch: Why do you do what you do?

Procurement Leaders

An exercise we’ve carried out on a few occasions over the years at Procurement Leaders has been to ask chief procurement officers to share the value propositions they have in place for their function. It’s useful because it forces extremely busy people to take a step back and think deeply about why they do what they do. What are the ultimate goals of those negotiations with suppliers?

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ivoflow: Vendor Analysis —  Direct spend management solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of ivoflow and its solution for direct spend management. Global supply chains are under constant pressure because uncertain geopolitical factors, rising energy costs, highly volatile raw material markets and increasing international competition make global supply chains and procuring goods challenging and unpredictable.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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How to Choose the Best Suppliers with E-Sourcing Software

ProcurePort

In today’s fast-paced business environment, maintaining a competitive edge requires innovation and efficiency. Businesses can improve operations by using e-sourcing software for procurement. It is a game-changer in this area. Let’s delve deeper into how e-sourcing software can revolutionize procurement processes and drive bottom-line growth.

Sourcing 130
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Shein taps Flexport as logistics partner for US marketplace

Supply Chain Dive

The arrangement allows orders made through the fast-fashion giant to activate logistics processes with the freight forwarder.

Logistics 138
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Watch: A Symphony of Systems: The Rise of Warehouse Orchestration

Supply Chain Brain

Warehouse orchestration is the answer for facilities looking to integrate and efficiently manage a multitude of discrete systems, says Keith Moore, chief executive officer of Autoscheduler.ai.

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5 Things Procurement Should Consider When Evaluating AI with Heather Murray

Art of Procurement

“2023 was the year of the ‘dabbler.’ We all heard about AI, and we were all playing around with ChatGPT. The post 5 Things Procurement Should Consider When Evaluating AI with Heather Murray appeared first on Art of Procurement.

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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.