Supply Chain Predictions for 2024
All Things Supply Chain
FEBRUARY 19, 2024
2023 was a whirlwind year for the supply chain industry.
Sat.Feb 17, 2024 - Fri.Feb 23, 2024
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Real stories – The rusted swimming pool roof
ABC of Procurement
FEBRUARY 18, 2024
In procurement sometimes we get in trouble while working exaclty on the specification. here is one case The post Real stories – The rusted swimming pool roof first appeared on ABC of Procurement.
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How Supply Chain Organizations are Leveraging Data Analytics to Improve Risk Management
Supply Chain Brain
FEBRUARY 22, 2024
Supply chain organizations that prioritize safety and risk management through data analytics, telematics, and newer equipment position themselves as competitive leaders.
UPS to cut sorting shifts in New York, Rhode Island and Virginia
Supply Chain Dive
FEBRUARY 20, 2024
The looming closures add to layoffs the delivery giant is making at facilities in at least five other states.
GEP Spend Category Outlook Report 2025
Advertiser: GEP
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.
Organisation Design
Procurement Templates
FEBRUARY 19, 2024
Tender Specification for Organization Design Services 1. Introduction: [Your organization’s name] is seeking proposals from experienced and qualified organization design consultants or firms to provide comprehensive organization design services. The purpose of this tender is to select a vendor who can assist [your organization] in developing and implementing an effective organizational structure that aligns with its strategic objectives. 2.
CPO Crunch: The procurement culture club
Procurement Leaders
FEBRUARY 19, 2024
The well-worn adage of culture eating strategy for breakfast has been around a few years. Attributed decades ago to one of the gurus of modern business philosophy, Peter Drucker, it’s a motto that argues that even the shiniest, most creative plans are worthless unless people feel empowered. Drucker’s principles underpin the approaches of just as many CEOs and business leaders today as they did when he first floated his ideas in the mid to late 20th century.
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Why UPS keeps shrinking its workforce
Supply Chain Dive
FEBRUARY 23, 2024
UPS’ headcount has dropped by 43,000 employees in just three years, and more cuts are coming. Experts say it’s not all market-driven.
Catering Tender
Procurement Templates
FEBRUARY 19, 2024
Catering Tender When responsible for the Catering Contract- what do you need to know? Here is an overview of the key must-know items in my catering buyers guide. Key areas for consideration • the retention of discounts and the legal relationship between manufacturer/wholesaler, contract and the client; • VAT accounting for free or internal issues; • the status of the contract caterer as agent or principal or both within the same contract; • the value of the management service; • fixed pricing, p
Climate change predictions: Anticipating and adapting to a warming world
IBM Supply Chain Blog
FEBRUARY 20, 2024
In an era of accelerating climate change , predicting the near-future can yield major benefits. For instance, when utility officials are aware that a heat wave is on its way, they can plan energy procurement to prevent power outages. When farmers in drought-prone regions are able to predict which crops are susceptible to failure , they can deploy additional irrigation.
A 2024 Supply Chain To-Do List
Supply Chain Brain
FEBRUARY 21, 2024
The global economy is slowly recovering, but volatility remains a constant. Future-proofing supply chains to manage risk, boost real-time visibility, enhance sustainability, deploy AI effectively, and promote end-to-end collaboration is critical.
5 Ways You Can Win Faster with Gen AI in Sales
Advertiser: ZoomInfo
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.
Walmart hits supplier emissions goal 6 years early
Supply Chain Dive
FEBRUARY 22, 2024
The retailer’s vendors have already reported enough projects to fulfill Project Gigaton’s target of cutting 1 billion metric tons of greenhouse gases from its supply chain.
Navigating Ecommerce Growth: Tools for Returns and Inventory Management in 2024
Finale Inventory
FEBRUARY 19, 2024
As we delve into planning for success in 2024, it becomes clear that an often-overlooked aspect demands our attention: the returns process. This critical yet challenging transaction presents immense opportunities to boost customer loyalty and enhance operational efficiency. This blog explores the strategic importance of returns and inventory management, illustrating how strategic returns can drive business success in the dynamic ecommerce environment.
Kodiak Hub: Vendor Analysis — SxM and Supplier Risk solution overview, competitors, user considerations, voice of the customer, analyst summary
Spend Matters
FEBRUARY 19, 2024
This Spend Matters Vendor Analysis gives an overview of Kodiak Hub, a supplier management solution that consolidates all supplier information and data into one view with a focus on performance and risk. There are many old, new and developing stories about risk and the disruptions impacting business continuity and operations. On top of these considerations, the regulatory/compliance landscape is also in constant flux.
Five Steps to Improve Supplier Relationships and Reduce Operating Costs
Supply Chain Brain
FEBRUARY 22, 2024
The last few years have continued to reinforce the value of dependable supplier relationships, and timely payments are an important ingredient to the success of those relationships.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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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.
FMC releases final rule on detention and demurrage
Supply Chain Dive
FEBRUARY 23, 2024
The billing practices from the agency establish which parties can receive an invoice and sets a timeframe for issued invoices and disputes.
Case Dismissed: Byron Allen v. McDonald’s
Art of Procurement
FEBRUARY 22, 2024
In May of 2023, two of the companies owned by Byron Allen, a black businessman and producer, sued McDonald’s for. The post Case Dismissed: Byron Allen v. McDonald’s appeared first on Art of Procurement.
How to Create Real Retailer-Brand Loyalty
SCMR (Supply Chain Management Review)
FEBRUARY 19, 2024
Supply chain execution, from one end to the other, is the new competitive edge, and this applies whether you are the brand or whether you are the retailer. Working collaboratively is the glue that holds it together.
The Five Most Dangerous Supply Chain Attacks in The Last Five Years
Supply Chain Brain
FEBRUARY 19, 2024
Equipped with automated tools, hackers can hunt through cloud-native applications, public code repositories, unprotected networks and more, without even paying much attention to their computers.
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?
Honeywell exec upbeat on warehouse automation trends
Supply Chain Dive
FEBRUARY 22, 2024
Rising e-commerce shipments and ongoing labor shortages are among macrotrends that are favorable to the market.
Conversational AI use cases for enterprises
IBM Supply Chain Blog
FEBRUARY 23, 2024
Today, people don’t just prefer instant communication; they expect it. Conversational artificial intelligence (AI) leads the charge in breaking down barriers between businesses and their audiences. This class of AI-based tools, including chatbots and virtual assistants, enables seamless, human-like and personalized exchanges. Beyond the simplistic chat bubble of conversational AI lies a complex blend of technologies, with natural language processing (NLP) taking center stage.
This Supply Chain Year Will Be Dependent on Politics
SCMR (Supply Chain Management Review)
FEBRUARY 23, 2024
Politics seems to be on everyone’s mind in this election year and the effects on supply chains are becoming evident in every aspect of our work.
The Supply Chain Industry: A Rewarding Career for GenZ
Supply Chain Brain
FEBRUARY 20, 2024
The next batch of graduates are a part of GenZ, and many facets of supply chain industry jobs are what they’re looking for in their entry level experiences.
GEP Outlook Report 2025
Advertiser: GEP
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
Ryder System sets sights on growing cross-border business
Supply Chain Dive
FEBRUARY 21, 2024
A new warehouse in Laredo, Texas, and an expanded drayage yard in Nuevo Laredo, Mexico, give the carrier additional capacity to handle more freight.
Leveling up from tools to systems: A holistic approach to third-party management
Spend Matters
FEBRUARY 22, 2024
It feels like an understatement to say that the evolution of technology continues to reshape and revolutionize business, as it continues to transform industries, individual companies within them, workers at all levels and the work they carry out. With the advent of AI, and especially generative AI within that broader term, and the continued globalization of supply chains, the pace of change has sped up, forcing businesses and workers to adjust quickly.
Innovating Supply Chain Higher Education with Generative AI
SCMR (Supply Chain Management Review)
FEBRUARY 21, 2024
Using artificial intelligence in the classroom is not without concerns, but it also offers supply chain students access to an increasingly critical industry tool.
Shipping Giant CMA CGM Posts a Loss as Red Sea Conflict Rages
Supply Chain Brain
FEBRUARY 23, 2024
Surging profits over the previous two years filled the coffers of the Saades and rival European shipping tycoons.
10 Ways to Leverage Buyer Signals and Drive Revenue
Advertiser: ZoomInfo
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.
Norfolk Southern saw FedEx Ground volume jump in peak season
Supply Chain Dive
FEBRUARY 21, 2024
The railroad met with the delivery provider last year and made strategic adjustments to strengthen service, an executive said.
Deployed: Vendor Analysis — SOW solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
FEBRUARY 21, 2024
This Spend Matters Vendor Analysis provides an overview of Deployed and its solutions for Statement of Work (SOW). SOW drafting traditionally starts once a supplier bid has been accepted and the business is ready to move forward with work. The business requestor and Sourcing or Procurement go back and forth (usually several times) to ensure the draft reflects the work being requested.
Lean Six Sigma for SMEs: A Path to Continuous Improvement
SCMDOJO
FEBRUARY 19, 2024
In today’s fiercely competitive business landscape, the quest for continuous improvement has become imperative for small and medium-sized enterprises (SMEs) to thrive. Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SME
Anyline Launches Autonomous Drone Barcode Scanning Technology
Supply Chain Brain
FEBRUARY 21, 2024
Anyline said that it worked with the multinational paper and packaging company Mondi to develop this autonomous drone barcode scanning technology.
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.
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