Sat.Feb 10, 2024 - Fri.Feb 16, 2024

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14 Reasons Why Procurement Shouldn’t be in Charge of Valentines Day

Procurement Templates

Happy Valentines day, here is some procurement satire for February the 14th! Lack of Emotional Sensitivity: Procurement departments are typically focused on logistics, cost-effectiveness, and efficiency, which may not align with the emotional nuances and sentimentality of Valentine’s Day. Limited Creativity: Procurement professionals are trained to streamline processes and optimize resources, but they may lack the creativity needed to plan and execute romantic gestures and surprises effect

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Warehouse rents poised to keep climbing after record 2023

Supply Chain Dive

Lease rates jumped more than 20% to reach $9.72 per square foot last year, according to data from Colliers.

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Three Critical Steps Toward Mastering Total Inventory Optimization in 2024

Supply Chain Brain

Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side.

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The Role of Customized Packaging and Labeling in Building Brand Identity for Your Retail Business

All Things Supply Chain

Marketing is the art of the four “Ps”: Product, promotion, pricing, and placing. Another overlooked “P” falls under the umbrella of “Product”: Packaging.

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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: It’s not easy being green

Procurement Leaders

If you live in the UK or keep on top of the British news agenda, you may have seen a story over the past few days concerning a political party announcing a U-turn on its signature green investment policy. What was said? Sir Keir Starmer, leader of opposition Labour party, announced that its flagship ÂŁ28bn/year green investment pledge would be reduced to ÂŁ15bn/year, of which only ÂŁ5bn would be new money.

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Cocoa supply issues could lead to smaller chocolate bar sizes: expert

Supply Chain Dive

Producers may experiment with new product formulations to avoid recent heavy price hikes on chocolates.

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Generative AI use cases for the enterprise

IBM Supply Chain Blog

Remember how cool it felt when you first held a smartphone in your hand? The compact design and touch-based interactivity seemed like a leap into the future. Before long, smartphones became a way of life for organizations worldwide because of all they offer for business productivity and communication. Generative AI ( artificial intelligence ) promises a similar leap in productivity and the emergence of new modes of working and creating.

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Supply Risk Solutions: Vendor Analysis — Supplier Risk Management solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis, we provide an overview of Supply Risk Solutions and its solution for supplier (chain) risk management. Supplier risk management is crucial for a variety of reasons. First and foremost, it helps organizations identify and mitigate potential disruptions in their supply chain. Imagine relying on a single supplier for a critical component — if they face a problem, it could jeopardize your entire production process.

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Retail and apparel groups call for secured travel on the Red Sea

Supply Chain Dive

The trade organizations cited rising rates, delays and at least $80 billion in cargo that has been diverted around the region amid attacks.

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Study Reveals Gap in AI Adoption and Sustainability Goals in Logistics Industry

Supply Chain Brain

Further, despite the global emphasis on sustainable practices, the study reveals low prioritization of sustainability among logistics companies.

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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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Composing the Ideal Supply Chain Symphony

SCMR (Supply Chain Management Review)

With all the technology, labor issues and innovation taking place in supply chain, making it all work together is akin to a large-scale musical production.

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Mastering Warehouse Labeling for Clear Inventory Control

Finale Inventory

Warehouse labeling can seem like a tedious aspect of inventory control, but it can have a huge impact on your warehouse operations. It’s the difference between hunting for an item and wondering if it’s even the right product when you do find it, or knowing you have the right item in hand within seconds. This is what separates your business from frustrating delays and agitating customers to timely deliveries and raving reviews–and is what the right labeling setup can help facilitate S

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CPKC, Bison Transport ink intermodal services agreement

Supply Chain Dive

The deal is among several partnerships between segment players to capitalize on growing cross-border shipping traffic.

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A Look Ahead: The Top 3 2024 Predictions for Third-Party Risk Management

Supply Chain Brain

By leveraging advanced and predictive analytics, organizations will be able to identify potential disruptions before they materialize.

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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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The India Advantage: 6 Reasons Why Supply Chains Are Leaving China

SCMR (Supply Chain Management Review)

A new survey found U.S. C-Suite executives are over three times more likely to choose India over China for their future supply chain needs.

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The re-rise of conversational AI for procurement efficiency and how to integrate it into your processes

Spend Matters

Neither oral nor text-based conversational AI (also known as conversational user experience [CUX] and conversational interfaces [CUI] the latter of which include chatbots) is by no means new, despite the relatively recent prolific uptake by procurement solution vendors. CUIs and CUXs were hot topics 10 years ago due to the popularization of Siri (Apple), Cortana (Microsoft), Alexa (Amazon), Google Assistant and Facebook’s M.

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Walmart lands further FedEx Ground discounts for third-party sellers

Supply Chain Dive

The lower rates through Ship with Walmart come in a soft demand environment where carriers are more amenable to reduced rates.

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Staff Shortages Remain Top Challenge for Supply Chain in 2024

Supply Chain Brain

Respondents expressed optimism in the economy, and more than 50% say they’ve seen a “greater focus and understanding of supply chains” from those in the C-Suite.

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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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Warehouse Workers Embracing Gamification

SCMR (Supply Chain Management Review)

Gamification is helping warehouse operators maintain an engaged and healthy workforce.

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Nicole Glenn on the Power of Hope and Transforming the Logistics Industry

Let's Talk Supply Chain

2024 is coming at us fast and the supply chain is front-and-center when it comes to geopolitical tensions and wars plaguing the globe. Just this week, retail brands called for safe travel on the Red Sea amidst growing rates and delays and regional fighting that has cost over $80B in inventory. Yes, don’t forget the pirates. Just as piracy has eased up on other shores along Somalia, it’s on the rise again there and elsewhere.

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Accenture to acquire procurement consultancy Insight Sourcing

Supply Chain Dive

The consulting giant sees an opportunity to help private equity firms tackle management of spend, cost and suppliers across their portfolios.

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The Red Sea Crisis Could Disrupt the U.K.’s Tea Supply

Supply Chain Brain

The British Retail Consortium said that it had noticed a “temporary disruption” to some black tea lines, while an industry source suggested that some flavored lines had been delayed.

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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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How Smart Supply Chain Management Boosts Brand Identity

SCMR (Supply Chain Management Review)

Supply chain’s growing importance in the customer journey has companies looking at the once-behind-the-scenes processes in a new light.

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Pactum: Vendor Analysis Update — Autonomous negotiation solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis Update provides an overview of Pactum and its solution for long-tail negotiations. Once a Spend Matters Future 5, Pactum has continued to grow in recent years to make negotiation autonomous for large organizations. It focuses on reaching win-win deals autonomously via its AI system that, without procurement involvement, can negotiate with human supply-side representatives.

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Job attrition may slow during first half of 2024, survey shows

Supply Chain Dive

Employees said they most often stay put for flexibility, fulfillment and good compensation.

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Shipping Bosses Warn Maritime Security in the Red Sea Getting Worse Not Better

Supply Chain Brain

Military ships in the region have been attempting to thwart missile strikes on merchant vessels over the past few weeks, but the Houthis have continued their attacks.

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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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Beginner’s Blueprint: Barcoding Simplified

Finale Inventory

Inventory is the lifeblood of your business. If you’re a retail brand, wholesale distributor, or manufacturer, inventory is the core of your business. You buy inventory, bring it into your facility, and then hope to sell it for more than you paid to generate a profit. As your business grows, your catalog grows, your sales channels grow. As this happens, maintaining accuracy and efficiency becomes increasingly difficult.

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Killer App: The UK Post Office Scandal

Art of Procurement

In today’s digital age, jokes are often made at technology’s expense. I have multiple calls each week where someone apologizes. The post Killer App: The UK Post Office Scandal appeared first on Art of Procurement.

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Maersk adds digital booking to air freight services

Supply Chain Dive

The online tool enables access to instant prices across 70,000 airport connections.

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Practicing Green Logistics in Supply Chain Management

Supply Chain Brain

The push for supply chain sustainability comes with many built-in benefits, including lower costs, increased efficiency and stronger customer loyalty.

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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.