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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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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Trending Sources

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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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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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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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The Evolution of Warehousing: From Storage to Strategic Asset

SCMDOJO

The evolution of warehousing has been a fascinating journey, mirroring the broader transformation of supply chains. Warehousing has undergone a dramatic transformation, evolving from a simple storage function to a critical strategic asset within the modern supply chain. From simple storage facilities to strategic hubs of efficiency and innovation, warehouses have played a pivotal role in shaping the modern business landscape.

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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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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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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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Leveraging supply chain disruptions to accelerate digital transformation

Spend Matters

This content does not express the views or opinions of Spend Matters. “Never waste a good crisis” is a phrase worth pondering in the realm of digital transformation for supply chains. Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change.

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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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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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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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The (Lost) Art of Accepting Criticism

Art of Procurement

I’ve had a number of conversations recently about my content, not the content itself, but the process I go through. The post The (Lost) Art of Accepting Criticism appeared first on Art of Procurement.

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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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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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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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Intake and Orchestration – It’s a combination of people and tech

Spend Matters

Intake management and orchestration solutions are the newest procurement tools on the market. Some vendors offer both intake and orchestration, as they are both heavily rooted in automated workflows, while others specialize in one. As described by our analysts : Intake management is not just about the actual request itself but ensuring that the request flows smoothly along its workflows, from department to department and (when applicable) technology to technology.

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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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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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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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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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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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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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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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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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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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Port of Oakland awarded $3M to enhance data collection

Supply Chain Dive

The funds will support two separate projects meant to improve the port’s ability to distribute information to carriers, shippers and trucking companies.

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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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Canada rail embargoes intensify ahead of potential stoppage

Supply Chain Dive

The latest action by CN impacts U.S. originating intermodal railcars destined for Canada, while CPKC will discontinue domestic reefer shipments.

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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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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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Budget constraints may be behind hiring uncertainty in 2024, survey says

Supply Chain Dive

Although most hiring managers have a positive outlook on the remainder of the year, some reported their companies don’t have enough money to hire.

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Amazon allowing sellers to ditch physical returns

Supply Chain Dive

The offering for Fulfillment by Amazon users helps them avoid fees by simply having customers keep items, the company said.

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Wendy’s co-op aims to integrate supply chain network

Supply Chain Dive

The fast food chain’s purchasing cooperative will use Palantir’s artificial intelligence platform to connect suppliers, distributors and restaurants.

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Graphite Connect: Vendor Analysis (Part 2) — Supplier management product-level strengths and opportunities, voice of the customer, competitors and market analysis, user considerations, analyst commentary and summary

Spend Matters

Part 1 of this Vendor Analysis provides a history and overview of Graphite Connect’s supplier management solution and gives the solution’s roadmap/vision. Part 2 focuses on the strengths and opportunities of Graphite Connect’s solution. It also looks at the voice of the customer and the elements to consider when looking at Graphite Connect as a potential solution provider.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.