Sat.Mar 23, 2024 - Fri.Mar 29, 2024

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The Red Sea Dilemma for Shippers: Extended Transit, Rising Costs and Increased CO2 Emissions

All Things Supply Chain

Amidst escalating attacks and a seemingly unending crisis, the Red Sea predicament is poised to disrupt trade volumes significantly and pose formidable challenges to shippers’ operational strategies at least in…

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CPO Crunch: Think intelligently about artificial intelligence

Procurement Leaders

Question: What’s driving your thinking when it comes to the rollout of artificial intelligence in procurement? Is it the efficiencies that might be gained from harnessing the technology? How about the insights that might be available? Or is it more fundamental, such as the potential new business models that might become possible? Or – whisper it quietly – the risks you face from not thinking about it at all?

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UPS plans to close around 200 US facilities, shift volume to automated hubs

Supply Chain Dive

The company is consolidating locations as part of its "Network of the Future" initiative, which aims to reduce its labor needs and save $3 billion by 2028.

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Happy Easter

Procurement Templates

Happy Easter. It’s a time for reflection and the resurrection of Jesus. Spend the time reiving your tired body and enjoy time with loved ones. My Valentines Satire post was rather popular so here is the Easter one! Procurement Parody: An Easter Reflection In the solemn glow of Easter, as we celebrate renewal and rebirth, let us turn our attention to a ritual as ancient and mystifying as the resurrection itself: procurement.

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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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Beyond Visibility: Social Media’s Role in Reinventing Supply Chain Engagement

All Things Supply Chain

Ever peeked behind the curtain to see how your favorite products come to life? Social media’s doing exactly that, pulling back the veil on manufacturing like never before.

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Essential Negotiation Skills for Procurement Professionals

ProcurePort

Negotiation is at the heart of procurement. Whether you’re securing the best prices, managing supplier contracts, or resolving disputes, the ability to negotiate effectively is crucial for procurement professionals. In business today, being good at negotiation is more than just getting a good deal. It’s also about creating lasting relationships, reducing risks, and creating value […] The post Essential Negotiation Skills for Procurement Professionals appeared first on ProcurePo

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Thought leader: How to get early supplier involvement right

Procurement Leaders

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. But does it work? Early supplier involvement is a term that has evolved since the 1990s, when the world discovered that Japanese automotive OEMs such as Toyota and Honda outperformed their competitors in terms of design quality and time-to-market.

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AI and the practice of Procurement – Contracting and Legal

Spend Matters

Complementing our recent research into AI in procurement solution use cases and our wider theme around AI in general , Spend Matters has been undertaking a series of interviews with senior procurement practitioners to gauge the level of interest in, and infiltration of, AI and generative AI (GenAI) in the practical lives of the procurement organization today.

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Getting the Most Out of Automating the Modern Warehouse

Supply Chain Brain

Automation has been touted as the key to ramping up warehouse efficiency in the face of a shortfall of labor. But it comes with its own set of problems.

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Railroads scramble to keep freight moving after Baltimore port disruption

Supply Chain Dive

CSX and Norfolk Southern are emphasizing communication and flexibility to preserve service reliability.

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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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A New Priority Greets Procurement Professionals in 2024

SCMR (Supply Chain Management Review)

Cost reduction supplants supply continuity as the top issue facing procurement professionals in The Hackett Group’s annual Key Issues survey.

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Meet AI in AP Automation

Spend Matters

Artificial intelligence (AI) comes in many forms (for a complete history of AI in procurement see our recently published autogmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. In this series of articles we explore the current state of AI in procurement technology.

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Watch: Navigating Today's Supply Chain Finance Challenges

Supply Chain Brain

Fermin Caro, managing director of boutique bank ComCap, discusses how to deal with today's supply chain challenges.

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Intel’s $8B in CHIPS funding should provide suppliers confidence

Supply Chain Dive

The chipmaker's hundreds of U.S. suppliers should prepare for "when the taps turn on," according to one expert.

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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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Electronics Supply Chain Seeks Balance in 2024

SCMR (Supply Chain Management Review)

Labor costs continue to rise in the electronics supply chain, but industry research finds materials costs and backlogs easing.

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Canopy: Vendor Analysis — SIM solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Canopy, a supplier information management (SIM) solution that focuses on supplier data and due diligence. It is critical to ensure an organization knows the suppliers it works with, has all the required information on suppliers and that the information is up-to-date. Decisions about whether to work with a supplier can be simple or complex, depending on the screening and attention that supplier requires This data collection process and data

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The ‘No-Fail’ Mission to Protect the Red Sea Isn’t Working

Supply Chain Brain

For all the costly hardware the U.S. and its allies have thrown at Houthi rebels, they haven’t been able to stop the attacks on freighters and warships in the Red Sea.

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5 ways drone delivery providers are advancing in 2024

Supply Chain Dive

Announcements from Zipline, DroneUp, Wing and Skyports Drone Services this year demonstrate drones' growing presence in supply chains.

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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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6 Tips for Students to Develop a Career in the Supply Chain

SCMDOJO

The supply chain industry is vital to the global economy with its complex network of activities, people, organizations, information, and resources. As businesses continue to globalize and markets become increasingly interconnected, the demand for skilled supply chain professionals is rising. Understanding the pathway to success is crucial for students eyeing a career in this dynamic field.

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The challenges of spend management technologies and Raindrop’s industry-disruptive approach

Spend Matters

This content does not express the views or opinions of Spend Matters. In today’s dynamic business landscape, effective spend management is crucial for maintaining financial controls and achieving sustainable growth. However, many organizations still find themselves grappling with cumbersome and needlessly complex legacy spend management technologies which hinder, rather than facilitate, their efforts.

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How Supply Chains Can Support Second-Hand eCommerce

Supply Chain Brain

Second-hand e-commerce has witnessed something of a boom period in recent years, fueled largely by changing consumer attitudes towards affordability, longevity, sustainability, and effectiveness.

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Nestlé launches pair of initiatives to decarbonize cocoa supply chain

Supply Chain Dive

The global food company said its new projects aim to reduce and remove over 500,000 metric tons of carbon over a 20-year period.

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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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Revolutionizing Warehouses with Robotics: A New Era of Efficiency

SCMDOJO

The Rise of Warehouse Robotics: Revolution or Evolution? Nowadays, logistics landscapes and supply chain management are witnessing a breakthrough innovation: the automation of robots in warehouse operations. Amazon defies mere novelty, as proven by the sterling application of over 200k mobile robot units across all their fulfillment centers worldwide.

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Meet AI in Contract Lifecycle Management

Spend Matters

Artificial intelligence (AI) comes in many different forms (for a complete history of AI in procurement, check out our recently published autoaugmentation series) and despite being a consistent “hot topic” for well over a decade now, continues to grow and evolve each year in the procurement industry. This article explores the current state of AI in the CLM market, including a capabilities overview, a high-level market overview and an introduction to the emerging field of GenAI in CLM.

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How to Overcome Challenges to Creating Sustainable Supply Chains

Supply Chain Brain

For global supply chains striving to meet growing expectations of sustainability, transparency and traceability are essential capabilities.

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Lifetime Brands pursues less China reliance with Mexico factory

Supply Chain Dive

The company's plastics manufacturing facility is on track to reach full capacity this year as it pushes to expand its sourcing capabilities.

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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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Best Supply Chain Management Software for Mac 2024

SCMDOJO

The world of supply chain management is fast-paced. Hence, leveraging the right technological tools becomes not only beneficial. It is also a means to maintain a competitive edge and operational excellence. For those who use a Mac as their trusted companion in 2024, the hunt ends here. This comprehensive guide highlights software that stands out. However, it goes beyond mere listings.

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Meet AI in Expense Management

Spend Matters

Artificial intelligence (AI) comes in many forms (for a complete history of AI in procurement see our recently published autogmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. In this series of articles we explore the current state of AI in procurement technology.

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Blue Yonder Announces Buys One Network Enterprises for $839M

Supply Chain Brain

The deal will mark around $1 billion of investments in acquisitions by Blue Yonder since Q4 2023 in its quest to provide a unified end-to-end supply chain management platform.

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At the Panama Canal: Booking slots open up at a waterway on the mend

Supply Chain Dive

The canal authority increased daily booking slots to 27 and implementing long-term solutions like cross-filling.

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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.