August, 2024

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Fishing for Truth in the Seafood Supply Chain

Art of Procurement

Oceana is a marine conservation nonprofit that has focused on seafood mislabeling for years, or “fish fraud” as it is. The post Fishing for Truth in the Seafood Supply Chain appeared first on Art of Procurement.

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Twin Strikes at U.S. Ports, Canada Railways Would 'Create Chaos in North America'

Supply Chain Brain

Ahead of looming deadlines, it's unclear whether either situation will resolve in time to avert these twin crises, or how long any potential work stoppages might last.

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USPS sees steep drop in expedited shipping demand

Supply Chain Dive

The agency's Priority Mail Services volume dropped by 40.7% for the quarter that ended June 30 as shippers moved to more cost-effective options.

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IntelAgree: Vendor Analysis — Contract lifecycle management solution overview, roadmap, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of IntelAgree and its contract lifecycle management (CLM) solution. The provider offers end-to-end CLM capabilities and increasingly arises in conversations with practitioners at mid-market firms or large enterprises that are considering a CLM solution. IntelAgree focuses on using AI (including generative AI) to address contract management pain points.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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Leveraging Supply Chain Disruptions to Accelerate Digital Transformation

Arkestro

"Never waste a good crisis" is a phrase worth pondering in the realm of digital transformations for supply chains. Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change. Amid these challenges, there lies an opportunity: supply chain crises can catalyze buy-in and funding for much-needed transformation initiatives.

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Enhancing Logistical Efficiency: Strategies for Improvement

SCMDOJO

The freight industry operates within a complex network characterized by numerous inefficiencies. To optimize operations, reduce costs, and minimize environmental impact, a multifaceted approach is required. This article explores key strategies for enhancing logistical efficiency and thus improving profitability and reducing cost. Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities l

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Unlocking Cost Savings with Foreign-Trade Zones

Supply Chain Brain

The concept behind Foreign-Trade Zones (FTZs) is not hard to grasp — they act as secured places for receiving cargo into the U.S. without incurring tariffs, yet. Then, there are multiple ways those tariffs can be reduced. And yet, many companies are failing to make the most of FTZs to reduce costs, because they’re intimidated by the legal and organizational hurdles.

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Canada rail strike, lockouts slated to start Thursday

Supply Chain Dive

The Teamsters delivered a strike notice over the weekend, while Canadian National and Canadian Pacific Kansas City said they would lock out employees.

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True ValueHub: Vendor Analysis — Cost analytics solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of True ValueHub, a costing solution built to enable companies to unlock incremental savings beyond what traditional methods and levers like e-sourcing, aggregation and low-cost country sourcing deliver. True ValueHub is a costing solution for direct materials that takes a very analytical approach to the process of identifying opportunities based on a material’s characteristics and suppliers’ capabilities.

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Top Reasons to Choose GEP Solutions for Procurement Needs

Procurement Freelancers

The success of an organisation depends on its ability to implement effective procurement procedures in… The post Top Reasons to Choose GEP Solutions for Procurement Needs first appeared on Procurement Blog | Procurement & Supply Chain News.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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Navigating Uncertain Waters: What Acquisitions Like Jaggaer Being Acquired By Vista Equity Partners Means for the Procurement World

Procurement Insights

EDITOR’S NOTE: 75% of all solution providers will be gone by the end of 2025. Based on the above post, I was asked to provide a high-level overview of my take on the pending AI Bubble Burst and identify three companies I thought would emerge relatively unscathed and whole. As I am not generally a fan of the M&A game—or, as I call it, market share grabs to boost portfolios with replaceable parts, e.g., solution providers—I could not ignore the timing of the Jaggaer acquisition.

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Freight Electrification as a Service

Art of Procurement

The need for freight, and its impact on humanity, can be traced back as far as the Silk Road across. The post Freight Electrification as a Service appeared first on Art of Procurement.

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Watch: Are Americans Ready for Autonomous Grocery Delivery?

Supply Chain Brain

Jeremy Michalek, professor of engineering and public policy at Carnegie Mellon University, reveals the results of a survey that tracked consumer sentiment toward various grocery delivery methods, including the use of autonomous vehicles and equipment.

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Pitney Bowes’ e-commerce logistics unit shutting down

Supply Chain Dive

The company will assist Global Ecommerce shippers in transitioning to alternative delivery options, interim CEO Lance Rosenzweig said Thursday.

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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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Ivalua: Vendor Analysis (Part 2) — S2C solution product-level strengths and opportunities, voice of the customer, competitors and market analysis, user considerations, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Ivalua’s S2C solution. We will also look at the voice of the customer and the elements to consider when looking at Ivalua as a potential solution provider. Part 1 of the series provided a history and overview of Ivalua’s S2C solution as well as the solution’s roadmap/vision.

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How Procurement Consultants Enhance Business Success

Procurement Freelancers

Emerging businesses are always under pressure to streamline their processes, save expenses, and maintain a… The post How Procurement Consultants Enhance Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.

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The Role of Email Hosting in Modernizing Retail Supply Chain Communication

SCMDOJO

Effective communication is paramount for success. Retail supply chains are complex networks that require seamless coordination among various stakeholders, including suppliers, manufacturers, and logistics providers. Email hosting has emerged as a pivotal tool in modernizing these communication channels, enabling real-time collaboration and data sharing.

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Will FedEx Freight hit the open road?

Art of Procurement

When you read news that a company is thinking about spinning off a division, it is usually because that division. The post Will FedEx Freight hit the open road? appeared first on Art of Procurement.

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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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Attempting Digital Transformation? Try Embracing Team Resistance

Supply Chain Brain

A survey from Gartner found that effectively responding to team resistance and incorporating feedback increased the odds of transformation success by 62%.

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Albertsons and Instacart expand e-commerce partnership

Supply Chain Dive

The companies are rolling out nationwide pickup and delivery in as little as 30 minutes for the grocer’s banners and offering same-day delivery for Haggen Food & Pharmacy in Washington.

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Graphite Connect: Vendor Analysis (Part 1) — Supplier management solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Graphite Connect and its solution for supplier management. Part 2 of this Spend Matters Vendor Analysis will focus on the strengths and opportunities of Graphite Connect’s supplier management solution, present customer comments and list the elements to consider when looking at Graphite Connect as a potential solution provider.

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The Role of Sourcing Consultants in Navigating Supply Chain Disruptions

Procurement Freelancers

There will inevitably be supply chain disruptions in the modern, globalized economy. These disruptions, which… The post The Role of Sourcing Consultants in Navigating Supply Chain Disruptions first appeared on Procurement Blog | Procurement & Supply Chain News.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Canadian National, CPKC to resume operations, end lockout

Supply Chain Dive

The railroads will now work toward deals with the Teamsters Canada Rail Conference under a government-imposed binding arbitration process.

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Walmart to help sellers fulfill orders from third-party e-commerce sites

Supply Chain Dive

The Multichannel Solutions program deepens the retailer’s competition with Amazon, but there are some limitations to the service as it prepares to launch.

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UPS program cuts delivery days in more rural areas

Supply Chain Dive

Communities in three states are among those impacted by the initiative, which the company says will boost driver efficiency.

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‘No possibility’ trucking can fill gap of Canada rail disruption

Supply Chain Dive

The British Columbia Trucking Association’s CEO says a shutdown of Canadian railroad networks will lead to a dearth in trucking activity.

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The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.

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Porsche Faces 'Severe Supply Shortage' after Flood at Aluminum Supplier Factory

Supply Chain Brain

Porsche expects the disruptions to affect every vehicle it manufactures, and says that it could be forced to temporarily shut down production for one or more of its vehicle series.

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Embrace Uncertainty and Complexity with Decision Intelligence

Supply Chain Brain

In today’s economic landscape, uncertainty across the supply chain is inevitable, whether due to the effects of climate change, demand and supply variability, or global unrest. To keep up, supply chain leaders need to continuously make good decisions quickly that consider the ever-changing circumstances, emerging opportunities and disruptions to improve how responsive and adaptable they can be.

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Embrace Uncertainty and Complexity with Decision Intelligence

Supply Chain Brain

With the rise of AI-driven approaches like decision intelligence, companies can invest in the necessary tools not only to keep up, but to thrive in an increasingly complex economy.

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Port of Los Angeles Handles Record Cargo Volumes in July

Supply Chain Brain

Staring down the looming threat of a work stoppage at East/Gulf Coast ports, retailers have opted for earlier shipping schedules in 2024.

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The Project Clinic: Assessing Project Health, Planning, and Execution

Speaker: Ketan Jahagirdar

Picture your projects as patients, each with its own unique rhythm and pulse, thriving under your care 🥼 🩺 Step into the role of an innovative project doctor in our upcoming webinar! This session is your guide to evaluating the health of your projects through Waterfall and Agile practices like Scrum and Kanban. We’ll explore the vital signs of project success through the lens of the “iron triangle” metrics, using deliverables as tracers.