Emerging Trends in Logistics Training: Preparing for Tomorrow’s Challenges
All Things Supply Chain
APRIL 24, 2024
Navigating the ever-evolving landscape of logistics requires a keen understanding of emerging trends.
Sat.Apr 20, 2024 - Fri.Apr 26, 2024
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CPO Crunch: Win friends and influence people
Procurement Leaders
APRIL 22, 2024
One of the privileges of being in this role is the opportunity it offers to have regular conversations with CPOs about their visions for the function and the strategic journeys they are on. It’s inspiring and helps to inform many of our own strategic product decisions. It’s conversations like these, as well as the many other community interactions we have, which have informed the development of our long-term product theme, Horizon 2030: Glide Paths for Sustainable Growth.
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Trending Sources
U.K. Brexit Import Checks Delayed, Causing Confusion
Supply Chain Brain
APRIL 21, 2024
Under the rules, medium- and high-risk products, which include meat and dairy products, as well as most plants, could be subject to checks at the borders for biosecurity.
Port of Baltimore preps new alternate channel for larger vessel traffic
Supply Chain Dive
APRIL 24, 2024
The limited access channel could help draw more commercial activity back to the port after the collapse of the Francis Scott Key Bridge.
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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.
Coupa Inspire 2024: New product announcements centered around ‘Margin Multiplier’ theme
Spend Matters
APRIL 24, 2024
Spend Matters analysts attended Coupa Inspire Americas 2024 in Las Vegas, the company’s 11th annual Inspire conference and its largest to date. In their first dispatch our analysts cover Coupa CEO Leagh Turner’s opening speech, which touched on Coupa’s five initiatives to bridge the customer “margin erosion zone:” assisting customers with growth, efficiency, productivity, resiliency and sustainability.
Navigating Global Supply Chain Disruptions: Strategies for Resilience
SCMDOJO
APRIL 22, 2024
As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. But what steps can you take to a more resilient supply chain during disruptions? This article will explore why disruptions happen, and how the industry deals with them as they come. If you’re ready to learn more about creating stronger supply chains, read below.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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Automakers get new standard for cutting a top source of scope 3 emissions
Supply Chain Dive
APRIL 23, 2024
Indirect emissions are notoriously hard to calculate and address, so the Science Based Targets initiative put forth a new guideline for the auto industry's category 11 goals.
Overcoming Procurement’s Fear of AI
Art of Procurement
APRIL 21, 2024
“I think we are headed for human-centered AI where we have the human at the core, and you are going. The post Overcoming Procurement’s Fear of AI appeared first on Art of Procurement.
Daato: Vendor Analysis — ESG compliance solution overview, competitors, user considerations, analyst summary
Spend Matters
APRIL 24, 2024
In this Spend Matters Vendor Analysis, we give an overview of Daato, an ESG compliance solution built to address the challenges companies face with complying to different reporting frameworks. The regulatory landscape that procurement professionals have to navigate is constantly changing. New regulations are frequently being introduced, especially regarding sustainability.
Reinventing Defensive Supply Chain Risk With AI
Supply Chain Brain
APRIL 24, 2024
Moving from risk-reduction mode (defense) to opportunity-creation mode (offense) requires a mindset change and more advanced processes, technologies and talent.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
Advertiser: GEP
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.
UPS CEO touts network flexibility in winning US Postal Service contract
Supply Chain Dive
APRIL 23, 2024
Carol Tomé said the carrier offers “an integrated solution that’s very different” from what FedEx can provide.
Forbes: The Devil’s in the Details, Part 3
Arkestro
APRIL 26, 2024
Here are a few strategies to help procurement leaders get their order cadence and tempo under control, be more prepared for disruption, and achieve cost savings.
Outside-in planning: a big elephant that needs a bite-size approach
Supply Chain Trend
APRIL 25, 2024
“ There is only one way to eat an elephant: a bite at a time.” Desmond Tutu Outside-in thinking in theory Outside-in thinking makes sense. It has been suggested to include a market, customer, and competitor view in a strategy definition for more than 50 years. It is not new in strategy. It is not new in supply chain management either. Lee’s uncertainty framework (2002) shows how segment your supply chain in demand streams and how to define your supply chain response to that.
Building Insights Into Supply Chains: A Case Study
Supply Chain Brain
APRIL 23, 2024
What started as a shared frustration at the lack of tracking information on general cargo shipments resulted in a much-needed advancement in tracking technology and shipping analytics.
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
GLS US launches direct delivery to and from Europe
Supply Chain Dive
APRIL 24, 2024
The carrier integrated its services with its parent's European network, which could help it stand out among FedEx and UPS alternatives.
For the planet and people: IBM’s focus on AI ethics in sustainability
IBM Supply Chain Blog
APRIL 22, 2024
AI can be a force for good, but it might also lead to environmental and sustainability concerns. IBM is dedicated to the responsible development and deployment of this technology, which can enable our clients to meet their sustainability goals. “AI is an unbelievable opportunity to address some of the world’s most pressing challenges in health care, manufacturing, climate change and more,” said Christina Shim, IBM’s global head of Sustainability Software and an AI Ethics
Penny: Vendor Analysis — P2P solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
APRIL 22, 2024
This Spend Matters Vendor Analysis provides an overview of Penny and its P2P solution. Penny is a cloud-based procurement solution that covers the procurement journey from purchase requisition to sourcing to payments. Customers can pick and choose from an array of modules (Purchase Requisition, E-Sourcing, Orders, GRN, Bills, Payments). This Vendor Analysis explores Penny’s platform, application and supporting services.
Watch: Inventory Planning in an Unknown World
Supply Chain Brain
APRIL 22, 2024
Growing uncertainties in global supply chains necessitate a fresh approach to inventory strategy, says Warren Owen, vice president solutions consultants with Netstock.
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.
Honda invests billions in Canada to set up EV supply chain
Supply Chain Dive
APRIL 25, 2024
The automaker will create an comprehensive electric vehicle value chain in Canada to meet future demand in North America.
Why we need a DraftKings for the procurement world
Procurement Insights
APRIL 20, 2024
EDITOR’S NOTE: Today’s post is inspired by an energized discussion on LinkedIn prompted by a post by Michael Lamoureaux. Join in using the following link. Michael Lamoureux , you make excellent points. We are not even talking about the companies that are not on the radar screens but have been out there for 20 to 30 years and have a solid and loyal client base.
How to prevent prompt injection attacks
IBM Supply Chain Blog
APRIL 24, 2024
Large language models (LLMs) may be the biggest technological breakthrough of the decade. They are also vulnerable to prompt injections , a significant security flaw with no apparent fix. As generative AI applications become increasingly ingrained in enterprise IT environments, organizations must find ways to combat this pernicious cyberattack. While researchers have not yet found a way to completely prevent prompt injections, there are ways of mitigating the risk.
How the EU’s New Sustainability Directive Affects Global Supplier Networks
Supply Chain Brain
APRIL 22, 2024
The European Union has updated proposed sustainability compliance legislation to target only the region’s largest businesses for enforcement.
The Ultimate Guide to Transportation and Load Building Optimization
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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.
The secret sauce for generative AI and sustainability: Data quality
Supply Chain Dive
APRIL 22, 2024
Generative AI has tremendous potential to help create a more sustainable supply chain. But how can you use it with inaccurate, inconsistent data?
Key Trends and Themes for Supply Chain and Logistics in 2024
SCMDOJO
APRIL 24, 2024
In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. And we know that numbers don’t lie. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.
Commerce strategy: Ecommerce is dead, long live ecommerce
IBM Supply Chain Blog
APRIL 25, 2024
In today’s dynamic and uncertain landscape, commerce strategy—what we might formerly have referred to as ecommerce strategy—is so much more than it once was. Commerce is a complex journey in which the moment of truth—conversion—takes place. This reality means that every brand in every industry with every business model needs to optimize the commerce experience, and thus the customer experience , to drive conversion rates and revenues.
Railroad Engineer Sues Union Pacific Over Train Driver Software
Supply Chain Brain
APRIL 26, 2024
The computer system gave the locomotives dangerous instructions, the complaint alleges, telling the lead locomotive to slow down and the middle locomotive to speed up while climbing a hill.
How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software
Advertiser: GEP
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.
Nestlé aims for bottle-to-bottle circularity with recyclable shrink sleeves
Supply Chain Dive
APRIL 26, 2024
The company said it explored multiple suppliers and materials for the packaging conversion as it advances its sustainability efforts.
Examining the Practicality of the EV Truck Mandate
Art of Procurement
APRIL 25, 2024
On March 29th, it was announced that manufacturers of heavy-duty vehicles must reduce their overall emissions by mandated percentages, starting. The post Examining the Practicality of the EV Truck Mandate appeared first on Art of Procurement.
Bigger isn’t always better: How hybrid AI pattern enables smaller language models
IBM Supply Chain Blog
APRIL 26, 2024
As large language models (LLMs) have entered the common vernacular, people have discovered how to use apps that access them. Modern AI tools can generate, create, summarize, translate, classify and even converse. Tools in the generative AI domain allow us to generate responses to prompts after learning from existing artifacts. One area that has not seen much innovation is at the far edge and on constrained devices.
Business impact of Digital Twins
Supply Chain Brain
APRIL 26, 2024
A variety of Digital Twins are being created and leveraged across industries to improve business performance. Connect with two senior Deloitte Consulting leaders that have been helping their clients in this area for many years to learn more about the various types and uses of Digital Twins and the business impact they can have across an enterprise.
The Evolution of Control Towers to Command Centers
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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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