Sat.Sep 21, 2024 - Fri.Sep 27, 2024

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Harnessing Remote Sensing to Secure Global Food

All Things Supply Chain

With the global population expected to reach nearly 10 billion by 2050, as projected by the United Nations, and climate change threatening agricultural productivity, securing the global food supply chain…

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Developing and Deploying Digital Empathy

Art of Procurement

I pre-interview about a dozen people each month for all of the podcasts produced by Art of Procurement. One thing. The post Developing and Deploying Digital Empathy appeared first on Art of Procurement.

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'A Perfect Storm': Supply Chains Brace for Looming Strike at U.S. Ports

Supply Chain Brain

If East and Gulf Coast ports are forced to shut down, the U.S. could see inventory shortages, higher costs at grocery stores, and months-long container backlogs.

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USMX files labor charge against dockworkers union

Supply Chain Dive

The International Longshoremen’s Association has refused to continue negotiations, the United States Maritime Alliance said in a statement Wednesday.

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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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The amazing supply chain of Walmart

All Things Supply Chain

Walmart is, with nearly $611.298 billion in fiscal year 2023, the biggest grocery chain in the United States. With over 10.400 stores worldwide, including 5.300 in the U.S.

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A new series on Risk Management for procurement professionals

Spend Matters

For this year’s Spend Matters Fall 2024 SolutionMap release – our comprehensive methodology designed to help organizations evaluate and select procurement solutions – we launched a new module: third-party (and supply chain) risk management (TPRM and SCRM). This module is a data-backed granular view of risk management solution providers and their capabilities (including suites, supplier-management–centric, and TPRM and SCRM specialists).

More Trending

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Ports brace for a potential ILA strike

Supply Chain Dive

East Coast and Gulf Coast seaports are extending hours and sharing contingency plans as they prepare for disruption.

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Lithium Battery Fire Halts Work at Los Angeles, Long Beach Port Terminals

Supply Chain Brain

Several terminals at the ports of Los Angeles and Long Beach remained closed on September 27, after a tractor-trailer overturned on a vital artery for cargo.

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Defining the terms of risk management

Spend Matters

In business, potential risk lurks everywhere, and procurement professionals need to be aware of what is out there. However, even a dip into the risks procurement professionals face can leave readers drowning in a sea of terms, definitions and acronyms. To help those still orienting themselves to the landscape of risk, we’ve broken down the main terms used to describe the various aspects of managing risk.

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An Industry Veteran Poses A Tough Question About The Future Of AI

Procurement Insights

Tom Craig – Finance took enterprise ERP and made it an accounting tool. And limiting how much and what used. It meant companies wasting money on the unused part they paid for. Will they limit AI the same way? Jon W. Hansen EDITOR’S NOTE: Take a few moments to access Tom’s original LinkedIn post and join the discussion stream by sharing your thoughts.

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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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FedEx program holds packages if there’s a next-day match

Supply Chain Dive

The initiative won't impact on-time shipments, but it will allow the carrier to increase the number of deliveries it makes per stop, CEO Raj Subramaniam said.

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Pair of U.S. Railroads Halt Grain Shipments into Mexico Over Backlogs

Supply Chain Brain

BNSF stopped issuing permits for trains carrying grain into Mexico between August 21 and September 20, before extending the policy through September 30.

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Customer-focused AR collections: Balancing payment recovery and client trust

Spend Matters

This content does not express the views or opinions of Spend Matters In today’s hyper-competitive landscape, customer experience is the silent force that can either propel a business forward or pull it under. Nowhere is this more evident than in accounts receivable (AR) collections, where the balance between managing unpaid debts and maintaining strong customer relationships is delicate but crucial.

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Using an agent-based implementation model significantly reduces the need for change management

Procurement Insights

EDITOR’S NOTE: The following is my comment regarding Andrea Sala’s LinkedIn post , in which she wrote, “Change management when implementing a Procurement platform from a very personal perspective. It boils down to listening and empathizing… ” Join us on Wednesday 25th at 11 am CET. To register [link] Here Are My Thoughts The emphasis on change management resulted from the insistence on utilizing an equation-based implementation model, which is why 80% of all initiat

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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.

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Mexico rail backlogs disrupt grain shipping

Supply Chain Dive

BNSF and Union Pacific have paused shipments as demand outpaces capacity, setting up transportation challenges for exporters ahead of fall harvest.

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How Section 321 is Revolutionizing eCommerce Fulfillment

Supply Chain Brain

Many businesses navigate Section 321 by partnering with third-party logistics providers, especially those with expertise in U.S.-Canada cross-border operations.

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NPI: Vendor Analysis — SaaS intelligence solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of NPI and its solution for SaaS intelligence. Enterprise IT buyers face unique challenges and complexities due to lack of pricing transparency, increasingly high volumes of contract renewals and generally overwhelmed procurement teams. SaaS intelligence vendors such as NPI address these issues with a dedicated SaaS procurement management tool (that NPI augments with deep pricing intelligence) which helps organizations struggling with

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Want to Electrify Commercial Your Fleet? Wait, Read This First…

Procurement Bulletin

Intel To Build AI Chips for Amazon With help from the US CHIPS Act, Intel is flush with $3 billion to play with. Just in time as they secured a multi-year deal with Amazon , specifically AWS (the cloud services division), to produce AI Chips for the the tech giant. Want to Electrify Commercial Your Fleet? Wait, Read This First… As many logistics businesses have their heads down on how to be more “green” and strategize on how to electrify commercial vehicles, if you’re at this s

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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FedEx opens fdx access to all US customers

Supply Chain Dive

The platform for e-commerce merchants features capabilities that support other carriers like UPS and the U.S. Postal Service.

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Italy Opens Probe into 'Misleading' Sustainability Claims on Shein's Website

Supply Chain Brain

The probe from the AGCM — Italy's antitrust watchdog agency — will focus on the Dublin-based company that operates Shein's website and app.

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Workday to acquire Evisort: M&A rapid analysis

Spend Matters

Earlier this week, Workday announced its agreement to acquire Evisort, a contract lifecycle management (CLM) provider, for an undisclosed amount. According to the press release, the acquisition will enable Workday to add AI-powered document intelligence solutions across its finance and HR suite. How might the acquisition of Evisort factor into Workday’s plans, and what might this reveal about the CLM market?

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Digital Transformation has become B t! Let’s talk Human-AI Transformation

Supply Chain Trend

As I was reading Ethan Mollick’s book, Co-Intelligence on Sunday morning, I indulged myself in some GenAI vanity and asked my IBPGPT ; “ Write me a 800 word blog about the evolution of IBP using Niels van Hove’s vision, but don’t use his name “ Besides some fluff and jargon around the edges and a surprising focus on scenario planning I didn’t know I had, it gave a nice – albeit somewhat incomplete and dated – summary.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Kraft Heinz brings procurement expertise to Rise Against Hunger

Supply Chain Dive

The manufacturer is leveraging its logistics partnerships to help the nonprofit bring food to communities in need across Europe.

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FAA Audit Details Boeing's Pattern of 'Troubling Production Problems'

Supply Chain Brain

The FAA identified several instances where Boeing workers cut corners, including one mechanic who used an improvised device to measure gaps between components.

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Make vs Buy Analysis in Supply Chain Management: A Strategic Guide

SCMDOJO

Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity. What is a Make vs Buy Analysis? Make vs Buy Analysis evaluates whether to manufacture a product in-house or purchase it from suppliers.

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Digital Transformation has become B t! Let’s talk Human-AI Transformation

Supply Chain Trend

As I was reading Ethan Mollick’s book, Co-Intelligence on Sunday morning, I indulged myself in some GenAI vanity and asked my IBPGPT ; “ Write me a 800 word blog about the evolution of IBP using Niels van Hove’s vision, but don’t use his name “ Besides some fluff and jargon around the edges and a surprising focus on scenario planning I didn’t know I had, it gave a nice – albeit somewhat incomplete and dated – summary.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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Hurricane Helene: FedEx, US Postal Service halt some Florida deliveries

Supply Chain Dive

The carriers reported disruptions Thursday in the Tampa Bay area as the hurricane advances along Florida's western coastline.

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USMX Files Labor Claim in Bid to Force Port Union Back to Bargaining Table

Supply Chain Brain

The ILA halted negotiations with the USMX in June, after discovering that a handful of ports were using automated systems to check in trucks.

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Ensuring Supply Chain Resilience Through Enhanced Visibility

The Network Effect

The post Ensuring Supply Chain Resilience Through Enhanced Visibility appeared first on The Network Effect.

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The Five Most Important Questions To Understand the Future of AI procurement platforms

Procurement Insights

Today’s post will not be long, but it will be very different and insightful because you will be the one writing it. By the way, this assignment or exercise is in and of itself a simple yet telling demonstration of the past, present, and future implementation process. Within the answers to the following five questions, you will discover why most implementations fail and, more importantly, gain insight into how you can reverse that trend and succeed regardless of the technology platform. 

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The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.