Sat.Jun 08, 2024 - Fri.Jun 14, 2024

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Adapting to Automation: Reskilling the Supply Chain Workforce for Tomorrow

All Things Supply Chain

Automation is on the rise in industries around the globe.

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Uyghur Forced Labor Prevention Act: Progress or Setback?

Art of Procurement

The Uyghur Forced Labor Prevention Act, or UFLPA, was passed to protect an ethnically Turkish, predominantly Muslim minority living in. The post Uyghur Forced Labor Prevention Act: Progress or Setback? appeared first on Art of Procurement.

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ILA ‘more likely’ to strike in October as tensions rise

Supply Chain Dive

The union representing East and Gulf Coast port workers made the threat Wednesday, while noting wage and automation concerns are behind contract disagreements.

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CPO Crunch: The 1% Club

Procurement Leaders

Just 1% of respondents to a poll Procurement Leaders conducted at the World Procurement Congress said they have “excellent” multi-tier visibility of the supply base. This is surprising. Not because 1% represents such a modest number, but because 1% is actually rather encouraging. In real terms, this translates to three of those who responded to our poll claiming they had “cracked the code” of supply chain transparency.

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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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Global Trade Is on the Rebound. Are Suppliers Getting the Benefit?

Supply Chain Brain

A “rebound” in global trade is underway, and the U.S. and China are the big beneficiaries, according to a new report. For suppliers, however, the news isn’t all good.

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Transform Your Supply Chain: The SCMDOJO Training Track

SCMDOJO

The global economy runs on efficient supply chains. But with ever-increasing complexity, skilled professionals are more in demand than ever. The SCMDOJO Supply Chain Track offers a comprehensive supply chain training program to equip you with the knowledge and skills to excel in this dynamic field. It’s your one-stop shop for a complete supply chain management pathway.

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The “New” Coupa: A post-acquisition assessment from Coupa Inspire 2024

Spend Matters

In December 2022, Thoma Bravo acquired Coupa, ending the firm’s publicly funded journey. We predicted at the time that “Thoma Bravo will not change the fact that Coupa delivers top-tier functionality and customer satisfaction for most S2P modular areas, as consistently documented by our SolutionMap benchmark.” This remains true 18 months later, but it is also true that Coupa has since acquired a new CEO, many new executive team members and is changing its messaging around what it offers.

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Watch: P2G or G2P Robotics? The Great Debate in Warehouse Automation

Supply Chain Brain

Regardless of the size or age of a warehouse, person-to-goods (P2G) robotics is better for warehouse functionality than goods-to-person (G2P), says Kait Peterson, senior director of product marketing at Locus Robotics.

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Understanding The Key Services Offered By Any GEP Solutions Company

Procurement Freelancers

Businesses benefit greatly from specialized services that help them operate efficiently. They help companies manage… The post Understanding The Key Services Offered By Any GEP Solutions Company first appeared on Procurement Blog | Procurement & Supply Chain News.

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The Port of Baltimore is reopened from the bridge collapse. How much cargo will return?

Supply Chain Dive

With wreckage from the Francis Scott Key Bridge collapse removed, leaders are bullish on the port’s ability to retain customers.

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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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Finally, A Solution Provider Gets the Big Picture, And It Isn’t AI

Procurement Insights

EDITOR’S NOTE: I sent the following business case overview over the weekend to select solution providers. The first response from Mintec is below. Which of the five priority areas can your organization and solution help Target with? I highlighted the areas where you could provide an immediate benefit. Retail Chain industry prospects (Target): Target, a barometer of the American consumer, said its sales last year fell for the first time since 2016.

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3 Tips for Successful Logistics Outsourcing

Supply Chain Brain

The information in this guidebook is based on hands-on project experience in the CPG and retail industry and will equip you with three tips to help you make informative and strategic decisions on outsourcing or improve your organization’s existing outsourcing process.

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Fast Track Your Logistics Career: Expert Training with SCMDOJO

SCMDOJO

Are you ready to excel in logistics management? The SCMDOJO Logistics Management Track is your ultimate logistics training pathway. It’s designed to equip you with the skills and knowledge needed to thrive in the logistics industry. Let’s explore why our logistics training is unique, what’s included in our logistics pathway, and how you can get started today.

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East and Gulf Coast port labor talks stall over automation concerns

Supply Chain Dive

The International Longshoremen's Association canceled a planned meeting with the United States Maritime Alliance, citing a local dispute on automated truck gates.

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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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What are “moonshine” performance evaluations?

Procurement Insights

EDITOR’S NOTE: Today’s post is inspired by a LinkedIn post by Vineet Khanna , the Former Global Head of Supply Chain at Nestlé. After reading my brief post, go directly to Vineet’s and comment. I grew up in an era when changing jobs more than once in your entire career was considered irresponsible. It was the unwritten “cradle to grave” employment rule.

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Revolutionizing Smart Manufacturing: Hitachi's Success with SOLOCHAIN WMS/MES

Supply Chain Brain

Hitachi, a leader in Smart Manufacturing, is committed to achieving Industry 4.0 goals, including near-zero emissions, superior safety, and stringent quality standards. SOLOCHAIN WMS/MES provided the perfect solution.

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The Future of Digital Contract Management

Art of Procurement

“A contract lifecycle management platform drives processes for you. That drives your price down, your risk down, and you get. The post The Future of Digital Contract Management appeared first on Art of Procurement.

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Advance Auto Parts maps out unified distribution network

Supply Chain Dive

The facilities will function as replenishment nodes for the retailer, which is consolidating two separate networks to boost efficiency.

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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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Solution Providers – Stop Telling & Selling and Start Asking & Solving!

Procurement Insights

Almost every call I have ever received from a solution provider begins with how their solution works and solves a set of problems via a features, functions, and benefits outline. In short, here is the problem we solve for the practitioner, and we want to push that message to get appointments or demos to tell them how great we are. By the way, check out the impressive list of client logos on our “come on in the water is great” brag page.

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Embracing the Power of AI and Automation for the Logistics Workforce

Supply Chain Brain

The integration of artificial intelligence and automation has become a foundational investment for businesses operating in the increasingly volatile world of supply chain and logistics.

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T-Mobile unlocks marketing efficiency with Adobe Workfront

IBM Supply Chain Blog

With 109 million customers and counting, “uncarrier” T-Mobile is one of the top mobile communications providers in the U.S. The company always puts the customer first, which it achieves by delivering the right experiences and content to the right customers at the right time. But with different sub-brands and business units, T-Mobile’s marketing and content workflows were complex—and often inefficient and disconnected.

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How big retailers are battling the last-mile delivery squeeze

Supply Chain Dive

Walmart, Target and Kroger executives pointed to price and technology improvements that they are using to offset cost pressures.

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The Ultimate Guide to Transportation and Load Building Optimization

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.

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Nudge Theory Applications in Procurement

The Good Spending

Nudge Theory Nudge theory , developed by Richard Thaler and Cass Sunstein, subtly guides individuals towards better decisions without restricting their choices. It leverages behavioral science to predict behavior by altering the environment or context in which decisions are made. It logically derives from the Prospect Theory we discussed earlier. Nudges are small interventions or environmental changes that steer people towards desired behaviors without restricting their freedom of choice.

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A Circular Economy

Supply Chain Brain

Our guest will discuss the latest regulation updates on circular economy, and how these changes are shaping decisions on how brands are trying to achieve their environmental targets. through visibility and real time data for decision making.

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Mastering budget control in the age of AI: Leveraging on-premises and cloud XaaS for success 

IBM Supply Chain Blog

As organizations strive to harness the power of AI while controlling costs, leveraging anything as a service (XaaS) models emerges as a strategic approach. In this blog, we’ll explore how businesses can use both on-premises and cloud XaaS to control budgets in the age of AI, driving financial sustainability without compromising on technological advancement.

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Canadian border agents to decide on new labor deal by July 4

Supply Chain Dive

Starting June 20, union members will vote on a tentative four-year agreement that forestalled a potential strike.

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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.

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The Power of Empathy: Building Deeper Connections with Persuasion Training

Negotiations Ninja

Have you ever wondered how some people effortlessly influence others while some struggle to get their points across? The key often lies in a subtle yet powerful skill: empathy.

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Why U.K. Supply Chains Are Nearshoring

Supply Chain Brain

It's not just Brexit that's driving the trend. U.K. companies are increasingly eager to boost risk management, control over products, sustainability credentials and staffing.

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5 SLA metrics you should be monitoring

IBM Supply Chain Blog

In business and beyond, communication is king. Successful service level agreements (SLAs) operate on this principle, laying the foundation for successful provider-customer relationships. A service level agreement (SLA) is a key component of technology vendor contracts that describes the terms of service between a service provider and a customer. SLAs describe the level of performance to be expected, how performance will be measured and repercussions if levels are not met.

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Kohl’s introduces Return Drop service to stores nationwide

Supply Chain Dive

In addition to its Amazon partnership, the department store will now accept returns from brands like Carhartt, Hanes and Levi’s.

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The Evolution of Control Towers to Command Centers

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.