Sat.Nov 02, 2024 - Fri.Nov 08, 2024

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Tariffs, Trade, and Transition: The US Election’s Potential

All Things Supply Chain

Tomorrow marks the 2024 U.S. presidential election, a pivotal event with significant implications for supply chains.

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Consolidating the USPS Final Mile

Art of Procurement

Maybe it is because I grew up watching Mr. Rogers Neighborhood, but there is something about the United States Postal. The post Consolidating the USPS Final Mile appeared first on Art of Procurement.

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Canada’s western ports are on lockdown: What to know

Supply Chain Dive

Experts said shipments can be easily diverted to U.S. West Coast ports in the short term, but a lengthier stoppage could be costly.

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Take time to think differently and challenge your norms

Procurement Leaders

Last week, Procurement Leaders released the CPO Compass 2025 – a unique piece of thought leadership that aims to challenge the assumptions that underpin leaders’ long-term planning. It’s a chance to step back and reflect; to look at the world differently. This year we’ve explored three key topics that CPOs will have to navigate over the coming years: navigating the world’s accelerating “geoeconomic fragmentation” as trading blocs become increasingly common; understanding the balance and interp

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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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New Supplier Relationship Management Certificate  

All Things Supply Chain

The Association for Supply Chain Management (ASCM) has launched a new supplier Relationship Management certificate designed to help supply chain professionalsbuild strong supplier relationships.

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A Call for Reinvigorating the U.S. as the World’s ‘Manufacturing Superpower’

Supply Chain Brain

John Gardner owns a small business that sells to the U.S. military. He’s also a vocal proponent of reinvigorating America's entire domestic manufacturing base.

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More Trending

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Spend Matters Future 5 2024 – Introducing Halo Ai

Spend Matters

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them. For the Future 5, Spend Matters analysts scour the market to find new specialist solution providers that can answer a burning need of procurement practitioners today.

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An important and timely discussion about Agentic AI

Procurement Insights

JWH – What is the difference between Agentic AI and Agent-based AI? Over two decades ago, the foundational elements for successfully utilizing advanced, self-learning algorithms to optimize the procurement process using an agent-based model were well established. Somewhere along the line, we got distracted by SaaS and digital transformation, and now we are at risk of being sidetracked by Agentic AI.

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Strong Economy Boosts Outlook for Holiday Shopping Season in U.S.

Supply Chain Brain

The National Retail Federation projects $979-989 billion worth of retail sales in the U.S. during the November-December holiday season in 2024.

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Air cargo demand remains on course for double-digit growth in 2024

Supply Chain Dive

October volumes were up 11% YoY despite disruptions like the dockworker strike at U.S. East and Gulf Coast ports.

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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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The modern Procurement Training landscape

Spend Matters

Ongoing training is important for procurement teams to keep up with the constantly evolving and advancing procurement tech and services landscape, specifically in niche areas such as category management, supplier management, negotiation and strategic sourcing and in the broader areas of change management and leadership. Even experienced procurement professionals must remain aware of ongoing advancements to streamline procurement processes and support organizational goals with the latest technolo

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Why You Need a Purchasing Agent to Scale Your Business

Procurement Freelancers

Scaling a business is no small feat. It requires meticulous planning, effective cost management, and… The post Why You Need a Purchasing Agent to Scale Your Business first appeared on Procurement Blog | Procurement & Supply Chain News.

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A Trucker Uses AI to Boost Efficiency for LTL Operations

Supply Chain Brain

PITT OHIO increases efficiency and reduces costs for its pickup, delivery and linehaul trucking business by replacing outdated legacy systems with an AI-powered platform.

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Why a new FedEx facility uses automation but not robotics

Supply Chain Dive

Secondary 25, housed in the Memphis World Hub, still needs employees to help move bulky packages as technological improvements boost throughput.

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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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IDAS (M.K. Technologies LTD): Vendor Analysis — PO Lifecycle Management solution overview, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis, we give an overview of IDAS, a solution from M.K. Technologies built to address critical challenges faced by manufacturers, particularly unexpected late deliveries, which can halt production lines and damage customer relationships. By providing a unique supplier portal that integrates data from various ERP systems, IDAS helps manufacturers maintain on-time delivery rates, ensuring operational efficiency and stability in complex supply chains.

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How Purchasing Professionals Boost Cost Savings with Smart Buying

Procurement Freelancers

Do you ever feel like you’re spending more and getting less? Imagine wanting to save… The post How Purchasing Professionals Boost Cost Savings with Smart Buying first appeared on Procurement Blog | Procurement & Supply Chain News.

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Report: Supply Chain Sustainability Software Market is Needed, Growing

Supply Chain Brain

The Verdantix report concludes that political and regulatory events are driving the need for supply chain sustainability software.

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CSX debuts double-stack rail service at the Port of Baltimore

Supply Chain Dive

A northern route has opened while a long-awaited expansion of a 1.7-mile tunnel is set to be complete by the end of next year.

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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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Risk management solution providers and what their customers really want – Certa

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, but 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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Key Elements of Decision Centricity in Effective IBP Processes

Supply Chain Trend

IBP and its predecessor S&OP were developed as executive decision-making forums. In support of effective decision making in the IBP process, we could expect many decision centric capabilities in an organization. But how decision centric is your S&OP/IBP process, your meetings, your organization? Any idea? To create some baseline insights, I developed an 11-question checklist to assess IBP decision centricity.

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Podcast | What’s It Mean for a Retailer to Be ‘Channel-Agnostic’?

Supply Chain Brain

The omnichannel has been with us for a long time. But does that mean that retailers are truly “channel-agnostic”?

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How Amazon sellers are navigating capacity constraints

Supply Chain Dive

As the holiday shopping rush looms, e-commerce businesses are willing to pay more to avoid bottlenecks at warehouses along the West Coast.

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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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The risk solution landscape is complicated

Spend Matters

As part of our third-party/supply chain risk management (TPRM/SCRM) series, today we address the risk management landscape. Many solutions exist to manage risk in its broadest definition. However, they don’t necessarily all have the same focus and capabilities. There are different high-level segments and even within a segment the coverage varies from one provider to the other.

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Does a 2008 answer to a question on “optimization modeling” still stand in 2024?

Procurement Insights

EDITOR’S NOTE: More than two decades ago, the foundational elements for successfully utilizing advanced, self-learning algorithms to optimize the procurement process using an agent-based model were well established. Somewhere along the line, we got distracted by SaaS and digital transformation, and now we are at risk of being sidetracked by Agentic AI.

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The Fight Against Food Fraud in Our 'Biggest, Weirdest Supply Chains'

Supply Chain Brain

The World Trade Organization estimates the global cost of food fraud to be anywhere between $30 billion and $50 billion each year.

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FedEx rolls out rate discounts through Pitney Bowes, Auctane platforms

Supply Chain Dive

The new agreements advance FedEx's efforts to draw in more volume from small businesses.

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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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Spend Matters Future 5 2024: Why we chose Halo Ai

Spend Matters

Spend Matters is delighted to announce the 2024 roster for our ‘Future 5’ list. For the sixth year in a row, our analysts have highlighted five start-ups that excited them the most. This year, the five companies that have proven themselves as potential future trend setters are BlueBean , ivoflow, Covalyze, Halo Ai and True ValueHub. To warrant such attention, these vendors must have a product that is ideally 2 to 5 years old, is used by more than five customers and displays an innovative applica

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Alison Supply Chain Courses VS SCMDOJO: A Comprehensive Guide

SCMDOJO

Digging in to find an absolute top-notch website to level up your supply chain management can be a bit difficult where there is less awareness about it. However, it depends on the product offering of various websites from where students are eager to learn and grow. Alison Supply Chain Courses and SCMDOJO are among the most reliable sources on the internet when selecting an appropriate course.

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Hapag-Lloyd Orders 24 New LNG Ships

Supply Chain Brain

All 24 ships will have dual-fuel engines that can run on LNG and biomethane, and will be equipped for ammonia fuel as well.

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Hasbro’s supply chain overhaul leads 2024 cost savings

Supply Chain Dive

The toy and game company’s long-term transformation plan has focused heavily on shrinking inventory, a trend that continued in Q3.

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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.