Sat.Aug 31, 2024 - Fri.Sep 06, 2024

article thumbnail

CPO Crunch: Staying the course to net-zero

Procurement Leaders

When the US Securities and Exchange Commission (SEC) unveiled its climate-related disclosure rules back in March, one of the biggest talking points was the Commission’s decision to omit all Scope 3 emissions reporting requirements. This U-turn, which followed months of pressure to pare down the rules, demonstrates the uncertain landscape businesses face as they attempt to develop and execute their sustainability strategies.

article thumbnail

Navigating the Challenges of Supply Chain Disruptions in Global Manufacturing

All Things Supply Chain

In October 2021, roughly 90% of manufacturers reported that supply disturbances were slowing down business activity, but fortunately, this figure went down to 43% in May 2024 according to the…

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Proposed Patent Rule Changes and their Impact on Innovation w/ Wen Xie

Art of Procurement

As someone who has never specialized in a patent-intensive space, I would have thought that patents were just about a. The post Proposed Patent Rule Changes and their Impact on Innovation w/ Wen Xie appeared first on Art of Procurement.

article thumbnail

ILA rolls out strike mobilization plan

Supply Chain Dive

Union President Harold Daggett said there will "most definitely" be a strike if an agreement isn't reached by Sept. 30.

144
144
article thumbnail

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.

article thumbnail

Transforming contract management: From digital foundations to AI-powered efficiency and precision

Spend Matters

This content does not express the views or opinions of Spend Matters. In today’s fast-paced business environment, the need for agility and accuracy in contract management is more critical than ever. Contracts serve as the foundation for business relationships, outlining the terms, conditions and expectations between parties. However, managing these documents throughout their lifecycle — from creation to execution, and eventually to renewal or termination — can be a daunting task, fraught w

article thumbnail

Navigating the Challenges of Supply Chain Disruptions in Global Manufacturing

All Things Supply Chain

In October 2021, roughly 90% of manufacturers reported that supply disturbances were slowing down business activity, but fortunately, this figure went down to 43% in May 2024 according to the…

More Trending

article thumbnail

Nordstrom pulls back on Pacific Northwest omnichannel center plans

Supply Chain Dive

The retailer said its current network will suffice following supply chain improvements made over the last few years.

article thumbnail

BlueBean: Vendor Analysis — Procure-to-Pay solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of BlueBean and its solution for procure-to-pay. BlueBean’s unique ‘request-to-pay’ solution removes the need for supplier portals, purchase orders, invoices and expense claims. It integrates automated accounting and virtual card payments for procurement and expense management, offering a solution that aims to simplify financial controls.

article thumbnail

If we had a crystal ball… Mid-year check in with Philip Ideson and Kelly Barner

Art of Procurement

“At the end of the day, we’re trying to create this organization from which we have the ability to help. The post If we had a crystal ball… Mid-year check in with Philip Ideson and Kelly Barner appeared first on Art of Procurement.

article thumbnail

Unlock $20M Savings with Superior Efficiency: Robotic Sortation vs. Traditional Unit Sorters

Supply Chain Brain

his webinar will break through common misconceptions about unit sortation and reveal how next-generation robotic solutions can deliver unmatched OPEX and CAPEX value, productivity, and scalability—all without disrupting your current workflows.

105
105
article thumbnail

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.

article thumbnail

US Postal Service peak season rate hikes return after 2023 pause

Supply Chain Dive

The price increases are slated to impact the agency's Ground Advantage, Priority Mail and Priority Mail Express services.

Price 118
article thumbnail

Case Study: Hasbro reduces supply chain costs

Procurement Bulletin

Case Study: Hasbro reduces supply chain costs As an 80’s child, Hasbro was the toy-maker of many beloved childhood toys when I was growing up. But present day toy sales just aren’t the same. To respond to that, Hasbro has started streamlining their supply chain and the process has led to some nice cost reductions. Read about it here. Nippon Steel Boosts US Investment Japanese steelmaker, Nippon Steel, boosted its investment by $1.3 billion in its US facilities in Indiana and Pennsylv

article thumbnail

Why Digital Transformation is Crucial for Modern Procurement?

Procurement Freelancers

Do you find it difficult to keep up with the quick-paced sourcing environment? You are… The post Why Digital Transformation is Crucial for Modern Procurement? first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

Are Alternate Delivery Locations the Answer to Combating Porch Piracy?

Supply Chain Brain

With alternative delivery locations, retailers can ensure that their customers enjoy a worry-free shopping experience, especially when they are traveling and out of town enjoying summer vacations.

104
104
article thumbnail

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

article thumbnail

FedEx Fulfillment plans expansion with robotics firm investment

Supply Chain Dive

The alliance allows FedEx to use Nimble's fulfillment centers in North America as it looks to attract more e-commerce merchants.

118
118
article thumbnail

Navigating Disruptions: Transform Your Tech Strategy

Arkestro

Webinars / Navigating Disruptions: Transform Your Tech Strategy Navigating Disruptions: Transform Your Tech Strategy Watch Now Dive into the core factors prompting technology changes. Summary: In today’s rapidly evolving business landscape, organizations face a myriad of disruptions that challenge their operational resilience and strategic agility.

article thumbnail

Streamline Your Move with Finale Inventory: Tips for Switching IMS Systems | Ecommerce

Finale Inventory

Switching to a new inventory management system (IMS) can feel overwhelming, but with the right tools and strategies, your transition can be smooth. One such tool is Finale Inventory, a comprehensive solution designed specifically for ecommerce businesses. In this article, we’ll discuss the importance of effective data migration, highlight Finale Inventory’s features and benefits, and offer tips to help you successfully switch IMS platforms.

article thumbnail

Container Carrier Profits Soar on Record Volumes, Higher Rates

Supply Chain Brain

Demand has been especially strong in the U.S., where retailers and other importers are stocking up at warehouses amid worries about new tariffs a possible dockworkers strike.

Demand 108
article thumbnail

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.

article thumbnail

Kroger drivers at automated warehouse vote to join Teamsters

Supply Chain Dive

The facility in Georgia is set to become the grocer's second fulfillment center where drivers have agreed to unionize.

123
123
article thumbnail

MEMA and the Smart Manufacturing Automotive Summit

Arkestro

Thank you for joining us at MEMA and the Smart Manufacturing Automotive Summit. Whether you joined us at our exclusive MEMA Networking Happy Hour or were a part of our roundtable conversation at Smart Manufacturing, we wanted to share with you some automotive assets to help continue the conversation. } September 9-10, 2024 Featured Download Driving Procurement Innovation Slide Deck Download Now Some attendees included: Neil Lustig CEO, Arkestro LinkedIn Mike Betts Account Executive, Arkestro Lin

article thumbnail

Effective Inventory Tracking Methods for Businesses

Finale Inventory

In today’s fast-paced business environment, effective inventory tracking is crucial for companies to remain competitive and meet customer demands. A well-managed inventory ensures that products are available when needed and helps minimize costs while optimizing operations. This article highlights the importance of inventory tracking and various methods businesses can use for efficient inventory management.

article thumbnail

Harnessing AI for Supply Chain Resilience in Extreme Conditions

Supply Chain Brain

To ensure that their supply chains are resilient and capable of handling disruptions, organizations must take proactive measures supported by artificial intelligence.

article thumbnail

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.

article thumbnail

Lego to ramp up sustainable block sourcing efforts

Supply Chain Dive

The company is looking to reduce its reliance on virgin fossil fuels in the coming years, along with other environmentally conscious goals.

Sourcing 111
article thumbnail

Navigating Disruptions: Transform Your Tech Strategy

Arkestro

Webinars / Navigating Disruptions: Transform Your Tech Strategy Navigating Disruptions: Transform Your Tech Strategy Watch Now Dive into the core factors prompting technology changes. Summary: In today’s rapidly evolving business landscape, organizations face a myriad of disruptions that challenge their operational resilience and strategic agility.

article thumbnail

CPO Rising Listicle: Achieve Best-in-Class Vendor Management Performance with Six Strategies

CPO Rising

Fridays (in 2024) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help… The post CPO Rising Listicle: Achieve Best-in-Class Vendor Management Performance with Six Strategies appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

article thumbnail

Embrace Uncertainty and Complexity with Decision Intelligence

Supply Chain Brain

In today’s economic landscape, uncertainty across the supply chain is inevitable, whether due to the effects of climate change, demand and supply variability, or global unrest. To keep up, supply chain leaders need to continuously make good decisions quickly that consider the ever-changing circumstances, emerging opportunities and disruptions to improve how responsive and adaptable they can be.

article thumbnail

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.

article thumbnail

USPS package shipping performance faltered in 2023 peak season: report

Supply Chain Dive

The agency said "operational changes, severe weather, and unanticipated facility closures" impacted its service.

112
112
article thumbnail

Procurement 6 – September 6th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – September 6th, 2024 appeared first on Art of Procurement.

article thumbnail

Automotive Procurement Masterclass: An Expert Perspective on Current Challenges and Future Solutions

Arkestro

Resources / Blog / Automotive Procurement Masterclass: An Expert Perspective on Current Challenges and Future Solutions Automotive Procurement Masterclass: An Expert Perspective on Current Challenges and Future Solutions If automotive procurement teams could predict when bridges would collapse, inflation would increase, or geopolitical tensions would resolve, they might resolve supply chain and cost challenges overnight.

article thumbnail

Amazonification of the Supply Chain: Mitigating Rates Through Ecosystem Integration

Supply Chain Brain

This "Amazonification" of the e-commerce supply chain, centered around personalized experiences, underscores the need for seamless integration.

article thumbnail

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.