How Analytics Improve the Efficiency of Supply Chain Management
All Things Supply Chain
APRIL 30, 2024
Analytics is a powerful tool that supply chain experts find critical in the modern competitive market.
Sat.Apr 27, 2024 - Fri.May 03, 2024
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CPO Crunch: Contending with the complex new world
Procurement Leaders
MAY 2, 2024
Many years ago, I interviewed the CPO of a well-known consumer goods company. The CPO in question was relatively new to the role, full of enthusiasm and laser-focused on extracting innovation and value from the supply base, as you might expect. We spoke a lot about value creation, about supplier relationship management and about how he was structuring his team with that purpose in mind.
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USPS wants to make controversial changes to shipping partner deals this month
Supply Chain Dive
MAY 3, 2024
The agency's leader told consolidators on March 27 that he is pursuing agreements within 45 days on a plan that has sparked cost and service concerns.
Watch: A Symphony of Systems: The Rise of Warehouse Orchestration
Supply Chain Brain
APRIL 30, 2024
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.
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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.
ivoflow: Vendor Analysis — Direct spend management solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
APRIL 29, 2024
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.
Mastering Agility and Resilience in Your Supply Chain
SCMDOJO
MAY 2, 2024
The modern business landscape is characterized by volatility, uncertainty, and complexity. Economic crises, marked by unpredictability and irregularity, present formidable challenges. The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency.
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Report: Tyson Foods Dumped 371M Pounds of Waste into U.S. Waters Over 5 Years
Supply Chain Brain
APRIL 30, 2024
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.
Crossing the chasm of S2P beyond Procurement and Finance
Spend Matters
APRIL 29, 2024
The source-to-pay (S2P) application suite was created to be a one-stop-shop technology choice for procurement professionals — offering the potential for ‘suite synergy’ that delivers value beyond the sum of the individual process-centric modules. But there are some endemic technology gaps with a suite approach that can’t be fixed easily with more S2P features, with a simple/elegant UX, or even with an attractive underlying digital platform to allow better integration (e.g., via numerous open API
What is Supply Chain Management? A Guide to Success
SCMDOJO
APRIL 29, 2024
Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. Whether you’re a business owner, manager, or simply curious about the inner workings of the global economy, this article will provide you with a solid foundation.
How Mexico’s presidential candidates expect to leverage nearshoring
Supply Chain Dive
MAY 2, 2024
Modernizing border crossings, improving legal certainty and improving roads and rail networks were among the ideas candidates raised during a presidential debate.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
Advertiser: GEP
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.
AI Attacks Are Becoming More Common in the Logistics Industry. What To Do About Them?
Supply Chain Brain
MAY 1, 2024
Financial losses from a cyberattack in the logistics industry include possible legal liabilities, disrupted operations, revenue loss and regulatory fines, but the costs don't stop there.
Top 8 Benefits of Hiring a Certified Procurement Professional
Procurement Freelancers
APRIL 28, 2024
The domain of procurement services is vast and complex, requiring specialized knowledge and skills to… The post Top 8 Benefits of Hiring a Certified Procurement Professional first appeared on Procurement Blog | Procurement & Supply Chain News.
Mastering Resilience in Your Supply Chain
SCMDOJO
MAY 2, 2024
The modern business landscape is characterized by volatility, uncertainty, and complexity. Economic crises, marked by unpredictability and irregularity, present formidable challenges. The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency.
USPS delivery unit proposal sparks service, cost concerns for shipping partners
Supply Chain Dive
APRIL 30, 2024
The agency is mulling changes to how shipping companies like DHL eCommerce and Pitney Bowes inject volume into its network, industry experts told Supply Chain Dive.
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
How AI Can Power Eco-Friendly Deliveries
Supply Chain Brain
MAY 2, 2024
By harnessing AI for activities such as load optimization, route planning, predictive analytics and dynamic scheduling, businesses can start to find ways to trim their carbon footprint.
The Top 7 Benefits of Hiring a Procurement Consultant
Procurement Freelancers
MAY 3, 2024
The fast-changing economic environment of today presents both possibilities and problems never seen before. Procurement… The post The Top 7 Benefits of Hiring a Procurement Consultant first appeared on Procurement Blog | Procurement & Supply Chain News.
Replacing Good Intentions with Good Outcomes at Whistl
Art of Procurement
MAY 2, 2024
“The best-laid plans of mice and men often go awry.” Scottish poet Robert Burns wasn’t thinking of 21st-century corporate business. The post Replacing Good Intentions with Good Outcomes at Whistl appeared first on Art of Procurement.
Coca-Cola turns to Microsoft’s AI services for its supply chain
Supply Chain Dive
MAY 2, 2024
The beverage giant signed a $1.1 billion deal as it explores the use of AI to streamline operations, boost efficiency and more.
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.
The Walmart RFID Tagging Mandate: Advantages and Compliance Strategies
Supply Chain Brain
APRIL 29, 2024
While some retail supply chain leaders may initially feel hesitant about investing in achieving RAIN-tagging compliance, doing so can deliver significant upside potential.
What is the “one thing” all successful negotiators know
Procurement Insights
MAY 3, 2024
Think about it for a moment – a giant, multinational global company that had a $20 million contract with us was unwilling to meet with me to even talk about a price reduction. My only reasonable response was to tell him that I was prepared to walk away. My reasoning was that true respect between partners is when they listen and talk to one another to reach a mutually rewarding outcome.
How generative AI will revolutionize supply chain
IBM Supply Chain Blog
MAY 1, 2024
Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization. AI tools help users address queries and resolve alerts by using supply chain data, and natural language processing helps analysts access inventory, order and shipment data for decision-ma
Walmart GoLocal expands delivery capabilities, client base
Supply Chain Dive
MAY 1, 2024
The retailer's local delivery platform has evolved to handle big and bulky items, orders out of fulfillment centers and more, VP Rina Hurst told Supply Chain Dive.
The Ultimate Guide to Transportation and Load Building Optimization
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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.
How New Balance Has Weathered Years of Supply Chain Disruptions
Supply Chain Brain
APRIL 28, 2024
The attacks on Red Sea shipping have forced carriers to reroute their vessels around Africa’s Cape of Good Hope, resulting in increased cost. But that hasn’t fazed New Balance.
Procurement job interviews: Why you should be screening a potential employer versus the employer screening you
Procurement Insights
MAY 2, 2024
“You don’t need to be the CEO to make an impact. Start with your team, lead by example, and let the results speak for themselves.” – Simon Sinek ( LinkedIn post by Terri MacLeod, Senior Director of Procurement, Nutrien) Since the early 1980s, there have been far too many times following a lecture or webinar, procurement professionals have asked me the following: I agree with everything you say and am so “pumped” to apply what you presented when I return to the
Automation has Limits, Learning has no Boundaries
Supply Chain Trend
MAY 3, 2024
Low-touch, or touchless planning, forecasting and other types of supply chain knowledge work automation have been around for a while now. A trend that started with Robotic Process Automation (RPA) in the back-office, automating dull and repetitive tasks like invoice matching, evolved into cognitive automation and autonomous execution of more advanced supply chain processes using intelligent agents.
UPS, FedEx fuel surcharge hikes to heat up delivery prices
Supply Chain Dive
MAY 2, 2024
The tweaks come on top of percentage increases the two delivery giants levied in December as they look to grow per-package revenues.
How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software
Advertiser: GEP
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.
Three Steps to Securing Microchip Supply in a Chaotic Global Market
Supply Chain Brain
MAY 1, 2024
By practicing foresight and preparing for the inevitable hiccup, manufacturers can go a long way toward ensuring that a shortage of microchips doesn't cause their facilities to lay dormant.
VeloxCon 2024: Innovation in data management
IBM Supply Chain Blog
APRIL 29, 2024
VeloxCon 2024 , the premier developer conference that is dedicated to the Velox open-source project, brought together industry leaders, engineers, and enthusiasts to explore the latest advancements and collaborative efforts shaping the future of data management. Hosted by IBM® in partnership with Meta, VeloxCon showcased the latest innovation in Velox including project roadmap, Prestissimo (Presto-on-Velox), Gluten (Spark-on-Velox), hardware acceleration, and much more.
WEBINAR | Why procurement now needs a different skillset: 10 essential skills for the new procurement professional
Positive Purchasing
MAY 3, 2024
What will be the necessary procurement skillset for the future? The procurement skillset landscape has shifted dramatically, and traditional skills are now a thing of the past. We’re tackling this topic during our upcoming webinar, Why procurement now needs a different skillset: 10 essential skills for the new procurement professional , on Wednesday 19 June at 3PM BST/10AM ET.
UPS’ Happy Returns now powers Shein returns at Forever 21 stores
Supply Chain Dive
APRIL 30, 2024
The company launched a cross-brand capability for online orders returned at stores as it pursues deals with more enterprise retailers.
The Evolution of Control Towers to Command Centers
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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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