Sat.Nov 09, 2024 - Fri.Nov 15, 2024

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The Challenge of Plastic Waste: A Global Crisis

All Things Supply Chain

For decades, plastic recycling has been riddled with complexities. Many plastic containers, especially those composed of multi-layered films, have traditionally been deemed unrecyclable.

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Pitney Bowes cuts 2,300 jobs in continued cost-savings push

Supply Chain Dive

The company is planning further workforce reductions that it aims to complete next year.

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Harnessing Artificial Intelligence for Sustainable Supply Chains

Supply Chain Brain

Artificial intelligence is offering new and better ways of making supply chains more sustainable, by improving efficiency, enhancing decision-making, and increasing transparency in operations.

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The Power of Visualization in Freight Optimization and Resilience

Art of Procurement

Anyone who spends their day working with data will tell you that data alone is never enough. It needs to. The post The Power of Visualization in Freight Optimization and Resilience appeared first on Art of Procurement.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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AI’s Role in Construction and the Supply Chain

All Things Supply Chain

AI technology continues to take the world by storm with its innovative tools and revolutionary systems. Industries around the globe are reaping the benefits, including the construction supply chain.

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Trump’s tariffs: How manufacturers can prepare

Supply Chain Dive

Frontloading commodity imports could be a temporary solution, but diversified sourcing will be critical long term, experts say.

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‘Return on Relationships’ – the ROI of building supplier relationships and how to measure it

Spend Matters

The annual State of Flux global supplier relationship (SRM) management study made its appearance in London last week at the 2024 Supplier Management Summit in its 16th rendition, this time themed ‘Return on Relationships (RoR). The report once again delivers data-backed findings of the state of SRM across the globe and gives best practice models, guidance and suggestions stemming from those findings.

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MIT MicroMasters Program In Supply Chain VS SCMDOJO

SCMDOJO

Supply chain management has grown tremendously in recent economic times. It has evolved dramatically and has significantly impacted various experts and their professional experiences. However, the question arises: Which platform can provide the best supply chain courses? There’s tough competition between the MIT MicroMasters Program in Supply Chain and SCMDOJO.

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Rivian locks in 5-year battery deal with LG Energy Solution

Supply Chain Dive

The U.S.-based electric vehicle maker’s agreement shores up its domestic supply chain.

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What Supply Chain Managers Can Learn from Healthcare

Supply Chain Brain

The complexity of healthcare supply chains offers valuable lessons for other industries, particularly in risk management, compliance, and adaptability.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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Vroozi: Vendor Analysis (Part 1) — Procure-to-Pay solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Vroozi and its solution for procure-to-pay (P2P). The procure-to-pay space continues to evolve as organizations demand more efficient, automated solutions to manage procurement, invoicing and payment processes. As businesses prioritize streamlining operations and improving financial control, the need for comprehensive, cloud-based P2P platforms has grown.

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Rethinking Supply Chain Management

The Network Effect

The post Rethinking Supply Chain Management appeared first on The Network Effect.

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DHL Supply Chain experiments with GenAI

Supply Chain Dive

Dive Brief:• DHL Supply Chain is deploying a pair of artificial intelligence applications in partnership with consulting agency Boston Consulting …

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Global Inventory Trends and Challenges Shaping SMBs

Supply Chain Brain

To gain deeper insights into inventory management within this crucial sector, Netstock recently conducted a comprehensive inventory benchmark study focused on SMBs. The report based on the study’s findings highlights five emerging trends that emphasize the urgent need for SMBs to develop more robust inventory management strategies.

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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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Risk management solution providers and what their customers really want – State of Flux

Spend Matters

As part of our Q4 research into supplier risk, third-party and supply-chain risk management (TPRM/SCRM) and the solutions that support it, we have not only conducted analyst- and market-led research in the shape of analyses, advisory, definitions and webinars. We have also taken the pulse of the practitioners who use that technology and who deal with risk on a daily basis (for example here and here ).

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Boost Your Business with a Product Sourcing Agent

Procurement Freelancers

In today’s hyper-competitive market, businesses are under constant pressure to source high-quality items at the… The post Boost Your Business with a Product Sourcing Agent first appeared on Procurement Blog | Procurement & Supply Chain News.

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Retail freight still outpacing industrial for LTL carriers

Supply Chain Dive

A continued slump in manufacturing demand is shifting the traditional customer mix for companies like Old Dominion, Saia and XPO.

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How Warehouse Markings Can Enhance a Workplace

Supply Chain Brain

For warehouse management and operations to be effective, you need to look into how warehouse markings can enhance safety, drive efficiency, and keep you organized.

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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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Vroozi: Vendor Analysis (Part 2) — Procure-to-Pay product-level strengths and opportunities, voice of the customer, competitors and market analysis, user considerations, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Vroozi’s procure-to-pay (P2P) solution. We also look at the voice of the customer and the elements to consider when looking at Vroozi as a potential solution provider. Part 1 of the series provided a history and overview of the P2P solution. This content is for members only.

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Building Strong Supplier Relationships with Consultants

Procurement Freelancers

Every day, businesses waste precious time and money because they don’t know the best ways… The post Building Strong Supplier Relationships with Consultants first appeared on Procurement Blog | Procurement & Supply Chain News.

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ONE adds Jaxport to Asia-East Coast service

Supply Chain Dive

The weekly route will connect Jacksonville, Florida, with five ports in Asia, shipping retail products, electronics, food and beverages.

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Optimizing the Supply Chain of Working Capital Turnover

Supply Chain Brain

By aligning loans with inventory turnover, reducing supply chain timelines, and carefully balancing inventory purchases, businesses can significantly cut costs and boost profitability.

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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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Key takeaways from SolutionMap: Supplier risk, TPRM and SCRM

Spend Matters

In today’s fast-evolving business landscape, procurement and supply chain professionals are confronted with a staggering complexity of risk management (link to complexity piece) that requires a nuanced understanding of various dimensions of risk. The prevailing VUCA environment underscores this challenge — marked by volatility, uncertainty, complexity and ambiguity — which has become a defining characteristic of global markets.

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Enhancing Manufacturing Value Through Procurement

Jaggaer

In today’s dynamic market, procurement is far more than just a buying and purchasing center. Forward-thinking organizations have transformed the department into an untapped gold mine that creates value for the entire end-to-end manufacturing process—from design and sourcing to production and delivery. Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add?

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Ulta bets big on market fulfillment center model

Supply Chain Dive

As part of its supply chain transformation, the beauty retailer is retrofitting some of its existing regional distribution centers with automation upgrades.

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Mozambique Ports At Risk as Opposition Chief Urges More Protests

Supply Chain Brain

The demonstrations have also interrupted commercial activity in Maputo, and raised concerns about further delays to a $20 billion natural gas export project.

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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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GenAI and chatbots — The fallacy of ‘No UI is the new UI’ — Part 2

Spend Matters

As we explained in part 1, the “no UI is the new UI” concept is making a comeback because of the rise of generative AI (GenAI). GenAI has opened up new possibilities for providers to enhance their applications with new AI capabilities, one of which is chatbots. Chatbots are a way to move from graphical user interfaces (GUI) to conversational user interfaces (CUX).

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Get Out of the “Bad Habits” of Traditional Procurement by Leveraging 21st Century Technology

Arkestro

Resources / Blog / Get Out of the “Bad Habits” of Traditional Procurement by Leveraging 21st Century Technology Get Out of the “Bad Habits” of Traditional Procurement by Leveraging 21st Century Technology By Matthew Mills, Solutions Consultant at Arkestro Procurement has long been at the forefront of organizational strategies, with the objective of managing spend efficiently and driving cost savings.

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Clorox prioritizes supplier decarbonization efforts

Supply Chain Dive

The cleaning product manufacturer is partnering with a carbon tracking service Manufacture 2030 to gain visibility into its vendors’ emission reduction plans.

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Amazon Takes Aim at Temu With Launch of Low-Price Online Store

Supply Chain Brain

The platform was first hinted at in June 2024, when CNBC reported that Amazon had announced the store to a private conference of Chinese sellers.

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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.