Sat.Jan 27, 2024 - Fri.Feb 02, 2024

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Why We Shouldn’t Resist P2P Process Automation

ProcurePort

In today’s business world, time is crucial and competition is fierce. Being efficient is not just an advantage, it’s necessary for survival. Organizations, big and small, try to navigate through complex situations, improve processes, cut costs, and maximize their employees’ abilities. Innovation and evolution create Procure-to-Pay process automation.

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8 logistics trends to watch in 2024

Supply Chain Dive

Risk is sparing no mode of transportation in 2024, as geopolitics, labor talks, freight demand and capacity fluctuations will continue to alter supply chain strategies.

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The Outlook for Supply Chain Automation

Supply Chain Brain

Robotics and technology companies have doubled down on development of applications to support the supply chain, especially in the warehouse.

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Working in Saudi Arabia

Procurement Templates

So, you’ve probably heard of the visionary architectural Neom Project. But what is it like to work in a country like Saudi Arabia? Saudi Arabia stands as a dynamic economic force in the Middle East, driven by its oil-rich resources and strategic investments in diversified sectors. Its Vision 2030 initiative reflects a commitment to economic transformation and diversification, creating a myriad of opportunities for both local and expatriate professionals.

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From Rigid To Resilient: Why Enterprises Need Shopify's Modular Commerce Now

Speaker: Benjamin Woll

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Shopify’s modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how Shopify’s composable approach helps modernize commerce stacks while maintaining control over critical systems.

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CPO Crunch: A rewarding time

Procurement Leaders

As we, and more than 40 CPOs from our global community of leaders, embark on the process of judging the World Procurement Awards 2024 , it was a privilege to look through many of the entries before our panel of experts get stuck into the process this coming week. It’s reassuring and inspiring to see both the impact being made by procurement, but also the passion with which those working in the function are going about their business.

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Retailers have finally tamed their inventories: report

Supply Chain Dive

Sales growth outpaced inventory in the third quarter for the first time since the pandemic began, according to Telsey Advisory Group analysts.

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Foxconn’s Tijuana Manufacturing Operation Shows the Nearshoring Possibilities

SCMR (Supply Chain Management Review)

Reshoring Institute Executive Director Rosemary Coates got a first-hand look at Foxconn’s Tijuana manufacturing site and saw what is possible when companies invest in nearshoring.

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Prewave: Vendor Analysis — SCRM solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Prewave, a solution built to reduce risks in supply chains. It offers a comprehensive risk assessment product that encompasses various risk dimensions, including operational risks (business continuity) and sustainability. Organizations must embed risk management in their practices as they navigate a business climate currently defined by increasing risk factors and disruptions, such as supply disruptions, rising costs and declining service l

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Most HR leaders say half of workers will need reskilling in coming years

Supply Chain Dive

Skills gaps and talent shortages are most severe in areas related to automation, AI adoption and the green economy, a new report says.

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Four Steps to Managing Supply Chain Bottlenecks and Constraints

Supply Chain Brain

By removing bottlenecks in the supply chain, companies can reduce inventory and operating expense, while enhancing throughput and overall effectiveness.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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Stakeholder Collaboration Could Unlock Reverse Logistics Profitability

SCMR (Supply Chain Management Review)

As reverse logistics becomes a bigger focus for brands, collaboration between stakeholders is becoming a must.

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New Year Insights for the procurement solutions and services marketplace 2024: Tipalti

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. Our series runs from mid-December through January, and then our senior analysts will wrap up with their own take on the key themes that emerge.

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Amazon’s $1B investment fund eyes last-mile tech, AV startups

Supply Chain Dive

The Industrial Innovation Fund is expanding its scope to include transportation-related investments, according to its director.

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Retailers Are Planning to Shake Things up in 2024, Survey Finds

Supply Chain Brain

Overall, the report found most executives are feeling optimistic about business. Less than 10% of respondents expected sales to decrease year-over-year.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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How does data deduplication work?

IBM Supply Chain Blog

Recent years have witnessed an explosion in the proliferation of self-storage units. These large, warehouse units have sprung up nationally as a booming industry because of one reason—the average person now has more possessions than they know what to do with. The same basic situation also plagues the world of IT. We’re in the midst of an explosion of data.

Data 101
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New research: supply chain transparency – enabling insights into the invisible

Procurement Leaders

In association with SAP: Discover the actions and capabilities that are enabling leading organisations to improve supply chain visibility

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Amazon looks to improve inbound fulfillment processes in 2024

Supply Chain Dive

The company wants products entering its facilities to move as efficiently as items being delivered to customers.

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US DOT Makes Intermodal Infrastructure Investments

Supply Chain Brain

The awards, announced January 25, will make considerable investments in intermodal freight infrastructure.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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Sphera SCRM: Vendor Analysis 2023 Update — SCRM solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an updated overview of Sphera’s SCRM solution, a solution built to improve supply chain resilience by tackling both predictable and unpredictable risks. Sphera SCRM is the new name of riskmethods, an SCRM specialist that was founded in 2013 and has been extensively covered by Spend Matters. Although Sphera (the company, not the SCRM module) is a few years younger than riskmethods, it acquired riskmethods in 2022 to complete its ESG-focused offering with r

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Understanding the Salaries in Supply Chain Management

SCMDOJO

Are you considering a career in supply chain management? Curious about the salaries to expect? Look no further! In this article, we will explore the wide range of salaries in supply chain management, from entry-level positions to executive roles for each region. Supply chain management is a rapidly growing industry. It plays a crucial role in ensuring the efficient movement of goods from production to consumption.

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Manufacturing ‘ready to start running again’ with demand up: PMI

Supply Chain Dive

The industry is at the beginning of a possible growth cycle, but manufacturers are likely to be slow to start hiring again, economists say.

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Upcoming Presentation: Orchestration: The Future of Supply Chain Digitalization

Supply Chain Brain

Held on February 5th - February 7th, 2024, at Caesars Forum, Manifest Vegas will provide unrivaled networking, learning and exploring opportunities for attendees.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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The Drone Final Mile Becomes Reality

Art of Procurement

In 2005, Amazon revolutionized eCommerce delivery expectations with their 2-day Prime delivery service. All of a sudden, every other retailer. The post The Drone Final Mile Becomes Reality appeared first on Art of Procurement.

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End Customers Responsible for 33% of Late Deliveries in Aerospace Supply Chain

SCMR (Supply Chain Management Review)

A study from global manufacturing tech firm TRIGO finds that one-third of late deliveries in aerospace manufacturing are the result of the end customer and not the supplier.

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Flexport eliminates even more jobs

Supply Chain Dive

The freight forwarder trimmed about 15% of its workforce as part of its cost reduction efforts.

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Podcast | The Quest for a Zero-Waste Supply Chain

Supply Chain Brain

M ost organizations still have a long way to go before they can declare their supply chains to be “zero waste.

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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The AI Assistant for everyone: watsonx Orchestrate combines generative AI and automation to boost productivity

IBM Supply Chain Blog

What if employees had the ability to effortlessly delegate time-consuming tasks, access information seamlessly through simple inquiries, and tackle complex projects within a single, streamlined application? What if customers had access to an intelligent, friendly virtual agent to provide answers and enable self-service experiences around the clock? This technological revolution is now possible, thanks to the innovative capabilities of generative AI powered automation.

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Manufacturing Gets Closer to Growth Territory in January, Reports ISM

SCMR (Supply Chain Management Review)

The report’s benchmark metric, the PMI, came in at 49.1(a reading of 50 or higher indicates growth), up 2.0% over January’s 47.1 reading, contracting, at a slower rate, for the 15th consecutive month. The past 15 months of contraction were preceded by a stretch of 28 consecutive months of growth. ISM also said that the overall economy grew in January, at a faster rate, for the 45th consecutive month.

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UPS considers sale of Coyote Logistics truckload brokerage

Supply Chain Dive

“Perhaps the business is worth more to someone else,” CEO Carol Tomé said on a Q4 earnings call.

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Watch: What Are Manufacturers Spending on Tech Transformation?

Supply Chain Brain

Brian Pacula, partner in the Operations Excellence practice of West Monroe, tells how manufacturers and supply chains are prioritizing their spend on technology in the post-pandemic era.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.