Sat.Jan 13, 2024 - Fri.Jan 19, 2024

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UK v US Procurement

Procurement Templates

Procurement processes in the USA and the UK share some similarities, but there are also key differences due to variations in legal frameworks, regulations, and cultural practices. It’s important to note that specific details can change over time, and you should always refer to the latest guidelines and regulations in each country. Here are some general differences between procurement in the USA and the UK: Legal and Regulatory Framework: USA: In the United States, procurement is subject to

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The Supply Chain Revolution: Exploring EVs and Battery Operation

All Things Supply Chain

The supply chain is undergoing a sustainability revolution. Organizations conscious of their green credentials are investing in electrification to reduce their carbon emissions.

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CPO Crunch: Get involved, early

Procurement Leaders

Procurement Leaders’ CPO community will gather next Thursday to discuss the concept of early supplier involvement – a simple idea that formalises how key suppliers are involved early enough to contribute maximum value to a buying organisation’s strategic initiatives. Those procurement functions pursuing a deliberate supplier-enabled innovation programme will see the early involvement of suppliers as a positive thing.

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How AI and Automation Are Poised to Revolutionize the Supply Chain Industry

Supply Chain Brain

In the last few years, the growing sophistication of artificial intelligence has brought unprecedented levels of precision, efficiency and innovation to supply chain management.

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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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Demand Management

Procurement Templates

What is demand management and why should we use it? Criteria: Procurement plays a key role in leading demand management across the organisation with clear benefits as a result.Demand management improvement opportunities have been identified and a prioritised, structured plan is in place to address.Evidence of some benefits achieved is available. Evidence of up to date internal management information availability.

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Carton shortage may last through school year, but brandless packaging brings relief

Supply Chain Dive

Pactiv Evergreen said the generic containers are part of its response “to minimize supply chain complexity” amid a monthslong disruption challenging dairies and schools.

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Crack the Last-Mile Logistics Puzzle With the Latest in Technology

Supply Chain Brain

While numerous applications are available for optimizing a variety of logistics functions, the first- and last-mile segments are proving to be especially complex, generating significant costs for shippers and carriers.

Logistics 124
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Mastering Returns Management: The Ultimate Guide to Streamlining Your E-commerce Process

SCMDOJO

With the increase in online purchases, especially after the health crisis of the COVID-19 pandemic, the eCommerce industry is booming like anything. Most eCommerce and online businesses focus on forwarding logistics and last-mile delivery to reduce delivery time. Unfortunately, the majority of them miss one of the critical aspects of the supply chain – the Return Management of goods.

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FedEx warns of delivery delays due to winter weather

Supply Chain Dive

The company's Express unit has activated contingency plans following "substantial disruptions" at a critical U.S. hub.

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Six Factors to Consider Before Automating Warehouses

SCMR (Supply Chain Management Review)

Warehouse efficiency is enhanced by six crucial factors that signal when the time is right to embrace automation.

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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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Remember the Mall? Now, it’s a Fulfillment Center, and More

Supply Chain Brain

What’s particularly attractive about shopping malls is that they offer the possibility of creating a hybrid facility that combines logistics and fulfillment activities with in-person activities for shoppers.

Logistics 115
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Streamlining Success: Unveiling the Power of Order Management Software in Supply Chain Optimization

SCMDOJO

Globalization has sped up business growth and enhanced the need for management tasks. In the supply chain, order management and inventory management play significant roles in rapid growth. Business success requires efficiency and effectiveness in managing an increasing number of orders. It can be problematic and require practical solutions. In this scenario, the Order Management System enters, which is capable of handling all the stress of increasing order volume.

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Businesses remain worried about disruption amid geopolitical, sourcing risks: report

Supply Chain Dive

Embracing change can mean nearshoring, retooling distribution networks and paying suppliers more for materials, according to AlixPartners.

Risk 132
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New Year Insights for the procurement solutions and services marketplace 2024: Globality

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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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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Majority of Suppliers Expect More Disruptions Over the Next Two Years

Supply Chain Brain

The survey showed that 53% of organizations are investing in resources to develop and maintain programs that prepare a company for significant supply chain disruptions.

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6 Career Paths in Supply Chain Management You Can Take

SCMDOJO

Managing the supply chain involves the delicate art of aligning your product supply precisely with customer demand. A myriad of professionals within the field ensures timely deliveries from suppliers and orchestrates manufacturing processes to meet your requirements, contributing to a rewarding career path in supply chain management. That is to say, there isn’t one single career in supply chain management.

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US Postal Service missed out on $25M from package returns offering

Supply Chain Dive

Pricing errors on 22.8 million packages over a nearly three-year period were the culprit, the agency's Office of Inspector General said.

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Is Nuclear Energy the Best Energy Source? A Deep Dive

Procurement Bulletin

Houthi Attacks Affecting Global Trade The Iranian-backed Houthi Rebels continue to attack cargo ships passing through the Red Sea, causing shippers to re-route their transport routes resulting in increased costs. This critical shipping route accounts for 40% of Asia-Europe trade. Is Nuclear Energy the Best Energy Source? A Deep Dive As the world transitions to electrification of vehicles, the key question is “How are we going to power all these vehicles and devices?

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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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AI Is Helping Protect Healthcare Supply Chains, Study Shows

Supply Chain Brain

Forty-four percent of healthcare organizations are using AI to improve customer experiences while another 35% use this technology to forecast consumer demands.

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Pick a 3PL That Can Grow With Your Business

SCMR (Supply Chain Management Review)

The use of a 3PL offers flexibility and scalability while bringing fulfillment and distribution expertise and at the ready software systems. But just like not all brands make every consumer product in their vertical, let alone in the market, not all 3PLs are set up for all logistics business models.

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Aldi turns to AI to strengthen freight management

Supply Chain Dive

The supermarket chain is implementing a technology platform to centralize its global shipping volume and increase visibility.

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Join us at the forefront of AI for business: Think 2024

IBM Supply Chain Blog

You want to use AI to accelerate productivity and innovation for your business. You need to move beyond experimentation to scale. You have to move fast. Join us in Boston for Think 2024, a unique and engaging experience that will guide you on your AI for business journey, no matter where you are on the road. From building AI readiness with a thoughtful hybrid cloud approach, to scaling AI across core business functions and industry needs, to embedding AI into the heart of your enterprise strateg

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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.

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How to Prevent Procurement Fraud With Analytics

Supply Chain Brain

Unmonitored supply chains, underlying inventory assets, a host of third parties, and frequent transactions make the manufacturing and retail industries a sweet spot for procurement and inventory fraud schemes.

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New Year Insights for the procurement solutions and services marketplace 2024: ORO Labs

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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Supplier sues UNFI in chargeback spat

Supply Chain Dive

Omaha Industries alleges that the grocery distributor withheld over $250,000 from invoice payments to offload its own risk.

Suppliers 132
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How to build a successful disaster recovery strategy

IBM Supply Chain Blog

Whether your industry faces challenges from geopolitical strife, fallout from a global pandemic or rising aggression in the cybersecurity space, the threat vector for modern enterprises is undeniably powerful. Disaster recovery strategies provide the framework for team members to get a business back up and running after an unplanned event. Worldwide, the popularity of disaster recovery strategies is understandably increasing.

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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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Watch: Tracking Reusable Packaging Containers at Scale

Supply Chain Brain

A case study with Roambee Corp., about how the world's leading reusable packaging container (RPC) supplier managed to track hundreds of millions of units without having to tag each one separately.

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Project-Based Learning Moves the Classroom Into the Real World

SCMR (Supply Chain Management Review)

Project-based learning is taking off at the university level, giving supply chain graduate students real-world experience to pair with theory-based instruction.

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Traceability platform TrusTrace lands $24M growth investment

Supply Chain Dive

The funding will help the company advance its goal of creating “a global network where all value chains are traceable, circular, and fair.

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Unlocking the power of chatbots: Key benefits for businesses and customers

IBM Supply Chain Blog

Chatbots can help your customers and potential clients find or input information quickly by instantly responding to requests that use audio input, text input or a combination of both, eliminating the need for human intervention or manual research. Chatbots are everywhere, providing customer care support and assisting employees who use smart speakers at home, SMS, WhatsApp, Facebook Messenger, Slack and numerous other applications.

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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.