Sat.Sep 07, 2024 - Fri.Sep 13, 2024

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Sustainable Practices in Transport: Reducing Carbon Footprint in the Supply Chain

All Things Supply Chain

Governments worldwide have taken notice of the effect of global warming on the planet. Businesses worldwide rely on supply chains every single day for importing and exporting.

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USPS ending delivery unit discounts for shipping partners

Supply Chain Dive

The agency has reached several new agreements with consolidators that align with its long-term transformation plan, despite concerns of service impacts.

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Trending Sources

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CPO Crunch: A brave new world calls for brave new strategies

Procurement Leaders

There’s no doubt that chief procurement officers are being asked to contribute to board-level discussions more frequently. There are many reasons for this, and a call last week with many of our CPO members identified what some of those are. CPOs have an ever-brightening spotlight shining on their ability to deliver resilience, financial return and ESG impact.

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Advancements & Adjustments in the GE Appliances Supply Chain

Art of Procurement

GE Appliances is a subsidiary of Haier Smart Home, a Shanghai-based company that purchased them from GE in 2016. Until. The post Advancements & Adjustments in the GE Appliances Supply Chain appeared first on Art of Procurement.

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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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Supply Chains Are Buckling Down for a Record Storm Season and Other Disruptions

Supply Chain Brain

Despite a temporary lull, this hurricane season is shaping up to be one of the worst on record, as storm after storm pummels large swaths of the country.

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US Postal Service’s transportation shakeup: What shippers should know

Supply Chain Dive

The agency's proposal would add an extra day in transit for some volume at post offices far away from its major processing plants.

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More Trending

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Types of Warehouses: Understanding Your Options

SCMDOJO

Imagine a world where your products are always in stock, orders are shipped instantly, and returns are processed seamlessly. Sounds like a dream, right? The key to achieving this supply chain utopia lies in understanding the different types of warehouses and their strategic roles. Let’s dive in and discover the world of warehouses together. Importance of Warehouses in Supply Chain Management Warehouses play a pivotal role in the efficient functioning of supply chain management.

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Is Christmas Coming Early? Retailers and Consumers Seem to Be Making it So

Supply Chain Brain

Consumer shipping habits may be echoing retailers’ more cautious inventory strategies.

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Ocean carriers form ‘Premier Alliance’

Supply Chain Dive

In an evolution of THE Alliance, Ocean Network Express, Hyundai Merchant Marine and Yang Ming Marine will cooperate on trade lanes starting in 2025.

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Calculating the Cost of Convenience in Facilities Management

Art of Procurement

“Everyone has an opinion about facility services in your buildings, so you’re always trying to accommodate multiple stakeholders and juggle. The post Calculating the Cost of Convenience in Facilities Management appeared first on Art of Procurement.

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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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Invite AI to the Table for your next IBP Meeting

Supply Chain Trend

In his book Co-Intelligence , Ethan Mollick suggests firstly to invite AI to the table in everything you do. And secondly to make sure to be the human the loop that works with AI. Working with AI/GenAI is a skill that can be developed. Prompting GenAI certainly takes practice and Mollick provides some interesting and well thought through prompt examples.

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Securing Tomorrow’s Supply Chain Today: Three Considerations For Strategic Carrier Partnerships

Supply Chain Brain

Investing in strategic carrier relationships now will yield long-term benefits when the market tightens, and carriers face capacity constraints

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MSC, Zim agree to collaborate on transpacific lanes

Supply Chain Dive

The shipping lines’ deal to swap slots and share vessels will start in 2025 and last for three years.

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Turning Clicks into Cash: Insights from Robert Brandl

Procurement Express

In today’s digital landscape, affiliate marketing has emerged as a powerful avenue for businesses seeking to boost their revenue. With the right strategies and insights, affiliate marketers can turn clicks into significant cash flow. Robert Brandl, a prominent super affiliate and founder of Email Tool Tester, shares his journey and expertise in this dynamic field.

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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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Why Communication & Supplier Engagement Need Renewed Focus

HICX

Voice of the Supplier Survey 2024 Effective communication is the backbone of any successful supply chain management strategy. As businesses strive to strengthen their supplier relationships, understanding the suppliers’ perspective is key to making meaningful improvements in this area. And there remains a lot of work to be done here. Our 2024 Voice of the Supplier survey reveals some critical insight: almost half of the suppliers surveyed (48%) feel that their most important customer could

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Supply Chain and Logistics Management Aren’t Ready for AI. They Need to Be.

Supply Chain Brain

Today, with the emergence of artificial intelligence, our predictive capabilities are transforming before our eyes, generating forward-thinking insights into the supply chain as never before.

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Younger workers are needed to shore up shrinking labor force, EBRI says

Supply Chain Dive

The age of the labor force will play an important role in companies’ workforce development in coming years, the institute noted.

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CPO Rising Listicle: 8 Reasons Why a CPO Needs a Strong Strategic Sourcing Operation

CPO Rising

Fridays (in 2024) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help… The post CPO Rising Listicle: 8 Reasons Why a CPO Needs a Strong Strategic Sourcing Operation appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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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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Procurement 6 – September 13th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – September 13th, 2024 appeared first on Art of Procurement.

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Top Trends in S&OP for Tomorrow

Supply Chain Brain

Sales and operations planning is experiencing both a renaissance and a revolutionary transition, thanks to rapid technological innovation and the aftermath of the COVID-19 epidemic.

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UPS, FedEx fuel surcharge hikes persist

Supply Chain Dive

The carriers both made adjustments to the fees in recent weeks, but a soft demand environment is giving shippers room to negotiate.

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Powerful Contract Negotiation Tips for Procurement Pros

Procurement Freelancers

Securing the best deal while maintaining strong supplier relationships is one of the tasks of… The post Powerful Contract Negotiation Tips for Procurement Pros first appeared on Procurement Blog | Procurement & Supply Chain News.

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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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Maximize Impact: Achieving Competitive Outcomes with One Supplier

Arkestro

Webinars / Maximize Impact: Achieving Competitive Outcomes with One Supplier Maximize Impact: Achieving Competitive Outcomes with One Supplier A conversation with Spend Matters. Summary: In today’s rapidly evolving market, procurement professionals are under immense pressure to optimize efficiency and effectiveness amidst increasing volumes of activities and static team sizes.

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How Robotic Process Automation Helps Reduce Business Costs

Supply Chain Brain

The fact that employees spend many paid work hours on clerical tasks doesn’t help a company's bottom line.

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Maple syrup production to ‘bounce back’ after devastating season

Supply Chain Dive

After the world's only strategic maple reserve dwindled to a 16-year low, the industry is rebuilding in the face of continued climate challenges.

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Is AI Washing A Real Thing?

Procurement Insights

What is AI Washing? (Bandwagon Jumpers) – click here or the image below to watch a short video. Okay, Bob Mango , here is a link to my most recent LinkedIn post that very much aligns with what you are saying – [link] I turned 65 this year, and after over 40 years in high-tech and procurement, I can say with great certainty that Hype Cycles like Gartner’s do more harm than good.

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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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Maximize Impact: Achieving Competitive Outcomes with One Supplier

Arkestro

Webinars / Maximize Impact: Achieving Competitive Outcomes with One Supplier Maximize Impact: Achieving Competitive Outcomes with One Supplier A conversation with Spend Matters. Summary: In today’s rapidly evolving market, procurement professionals are under immense pressure to optimize efficiency and effectiveness amidst increasing volumes of activities and static team sizes.

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China Asks Its Carmakers to Keep Key EV Technology at Home

Supply Chain Brain

China’s directive comes at a time most major Chinese carmakers are looking to localize manufacturing so as to avoid tariffs on Chinese-made EVs.

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De minimis: Helping or hurting U.S. manufacturers?

Supply Chain Dive

While groups like the National Association of Manufacturers claim the exemption benefits domestic production, others say it erodes the U.S. industry’s competitive edge and forces factory closures.

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Navigating Supply Chain Attacks: A Cyber Security Guide for Procurement

NLPA (Next Level Purchasing Association)

With AI’s lightning-speed evolution, supply chain attacks are expected to become even more sophisticated and harder to detect, putting procurement and logistics professionals on high alert. These attacks will target vulnerabilities within supplier networks, compromising software, hardware, and third-party vendors. Understanding and mitigating these risks are essential to maintaining the integrity and resilience of supply chains.

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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.