Why Cybercriminals Target The Freight Industry
All Things Supply Chain
MAY 6, 2024
The transport of goods across the sea and across countries requires an intricate network of data to effectively get items delivered by their due date.
Sat.May 04, 2024 - Fri.May 10, 2024
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CPO Crunch: Follow the money
Procurement Leaders
MAY 7, 2024
“So, you’ve mapped Tier-2. Now what?” This was the deliberately optimistic title of a very recent CPO community call that explored just how far into the supply chain our members have visibility. As we know, having knowledge of who our suppliers are is one thing, but it’s quite another to have a good understanding of who our suppliers’ suppliers are – not to mention those even further beyond.
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The Vital Role of Integration in Spend Management Solutions
ProcurePort
MAY 6, 2024
Integration serves as the cornerstone of effective spend management solutions, facilitating seamless connectivity across disparate systems and data sources. By enabling enhanced visibility and automation, integration empowers organizations to optimize spending, strengthen compliance, and drive strategic decision-making. The Role of Integration in Spend Management In today’s dynamic business landscape, organizations face increasing pressure to optimize […] The post The Vital Role of I
The Trends That Are Driving a Surge in Manufacturing M&A Deals
Supply Chain Brain
MAY 8, 2024
With inflation and interest rates easing, manufacturing investment is on the rise. Several large manufacturers have said they plan to increase capital investments and merger and acquisition deal-making in 2024.
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.
High port volumes expected for 2024’s peak season: forecast
Supply Chain Dive
MAY 10, 2024
Consumer spending will drive 2 million-plus TEUs of monthly loaded imports at the nation’s top ports through October, the National Retail Federation and Hackett Associates project.
Procurement 6 – May 10th, 2024
Art of Procurement
MAY 9, 2024
Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – May 10th, 2024 appeared first on Art of Procurement.
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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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Four Reasons Data Builds a Circular Supply Chain
Supply Chain Brain
MAY 5, 2024
Navigating a linear supply chain is like driving down a one-way, dead-end street — movement is forced down a singular path and there’s only one place to go: the garbage.
Walmart taps Swisslog to automate 3 milk facilities
Supply Chain Dive
MAY 7, 2024
The technology platform consists of cranes, palletizing and de-palletizing robots, a pallet conveyor system, a small-load conveyor system and software to operate it all.
FPGA vs. GPU: Which is better for deep learning?
IBM Supply Chain Blog
MAY 10, 2024
Underpinning most artificial intelligence (AI) deep learning is a subset of machine learning that uses multi-layered neural networks to simulate the complex decision-making power of the human brain. Beyond artificial intelligence (AI) , deep learning drives many applications that improve automation , including everyday products and services like digital assistants, voice-enabled consumer electronics, credit card fraud detection and more.
Analyst Eye on unleashing procurement’s strategic impact and driving working capital optimization
Spend Matters
MAY 8, 2024
Working capital optimization is not merely a financial strategy; it is the lifeline of business operations. It encompasses the management of short-term assets and liabilities to ensure liquidity, meet financial obligations and support growth initiatives. Typically, people may assume this area of activity belongs purely to Finance. However, S2P solutions, such as GEP, SAP Ariba, Ivalua and others, have been increasingly investing in building capabilities that directly or indirectly support worki
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.
Red Sea Risk Matrix: A Model for Managing Supply Chain Disruption
Supply Chain Brain
MAY 7, 2024
If you’re still viewing supply chain disruptions as one-off or random occurrences, you’re doing it wrong. These events are chronic and inevitable.
How CH Robinson is using AI to automate logistics management tasks
Supply Chain Dive
MAY 8, 2024
The broker hopes speeding up responses to emailed quote and appointment requests will improve productivity.
See Through Disruptions: How Supply Chain Visibility Builds Resilience
SCMDOJO
MAY 7, 2024
Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. However, they are also susceptible to disruptions and risks. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. Supply Chain Resilience refers to a supply chain’s ability to withstand and recover from unexpected events.
How GEP Solutions Transform Procurement Processes
Procurement Freelancers
MAY 7, 2024
Both strategic innovation and operational efficiency are critical in the quickly changing corporate environment. This… The post How GEP Solutions Transform Procurement Processes first appeared on Procurement Blog | Procurement & Supply Chain News.
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
Introducing the Craft Supplier Risk Management Platform
Supply Chain Brain
MAY 7, 2024
Craft is launching a user-friendly, configurable supplier risk management (SRM) platform designed for team collaboration and proactive risk mitigation.
Clorox claws its way back to normal inventory, service levels after August cyberattack
Supply Chain Dive
MAY 9, 2024
The cleaning product maker is working to fully restore its distribution channels in Q4 as it pushes to bring back customers.
Analyst Map Inductee: The Four Cornerstones Of Learning In The Digital AI Era
Procurement Insights
MAY 6, 2024
EDITOR’S NOTE: I am now starting to build my Analyst Solution Map of ten solution providers who I not only see as leaders in their specific area of service but will, through the use of an agent-based model , ensure successful implementations and promised practitioner outcomes. In short, my creditability as an analyst will be and is linked to your success.
IBM Mainframe Skills Council brings the global community together to grow mainframe talent
IBM Supply Chain Blog
MAY 6, 2024
The global economy runs on transactions, and 70% of transactions by value run through an IBM Z® mainframe. Many of the world’s largest enterprises rely on IBM Z to support their core business, and by a process of continued innovation, IBM Z brings industry-first technologies to our clients with each new generation. Modern mainframe skills are critical as businesses implement AI, modernize their applications, integrate across the enterprise and continue digital transformation.
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.
The Cosmic Significance of S&OE in Global Supply Chains
Supply Chain Brain
MAY 8, 2024
Sales and operations execution (S&OE) plays a pivotal role in ensuring the smooth flow of products from manufacturing to the end consumer.
Mattel to shutter supplier plant in China this year
Supply Chain Dive
MAY 8, 2024
Barbie’s parent company is looking to diversify its production footprint in a bid to optimize costs and fulfillment operations.
The Surging Problem of AI Energy Consumption
Art of Procurement
MAY 9, 2024
When I prepare each episode of Art of Supply, I intentionally dig deep. Usually, along the way, I find a. The post The Surging Problem of AI Energy Consumption appeared first on Art of Procurement.
Unlocking business value: Maximizing returns from your SAP investments
IBM Supply Chain Blog
MAY 8, 2024
Amid the dynamic realms of modern business and technology, organizations seek to maintain a competitive edge and elevate business outcomes and user experiences through their SAP investments. The crux of this endeavor lies in fostering continuous value creation throughout the journey. Drawing from my experience with clients across expansive, multi-year SAP engagements, there are three areas where collaborative value creation and charting future roadmaps intertwine seamlessly. 1.
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.
AutoScheduler Introduces Aggregated Warehouse Data Orchestration
Supply Chain Brain
MAY 6, 2024
With AutoPilot and AutoPilot Central, the company says, supply chain managers can reduce planning time by 97%, reduce inventory waste by 13%, and optimize labor planning, among other benefits.
Snickers owner Mars commits $47M to slash dairy emissions
Supply Chain Dive
MAY 10, 2024
The CPG giant plans to open three "net zero" farms as it looks to halve its carbon footprint by 2030.
Decades later we are still talking about ERP failures – WHY!?
Procurement Insights
MAY 4, 2024
“When ERP was in its heyday, CEOs and business executives wanted reliable and integrated solutions, so they seized upon ERP as the way to provide this,” said Mr. Kyte. “Business stakeholders still want these same qualities, but now they assume that these qualities will be present in any software solution, and their requirements have switched to the twin concerns of lowering IT costs and seeking increased flexibility.
Simplifying IAM through orchestration
IBM Supply Chain Blog
MAY 8, 2024
The recent validated what many of us in the industry already knew: Identity has become the leading attack vector. The 2024 report showed a 71% increase in valid identities used in cyberattacks year-over-year. What really puts it into perspective is the realization that you are just as likely to have your valid identity used in a cyberattack as you are to see a phishing attack in your organization.
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.
U.S. Container Import Volumes Rise in Rebound After China's Lunar New Year
Supply Chain Brain
MAY 9, 2024
Descartes estimates that China was responsible for roughly 34% of U.S. container imports in April, primarily driven by "consumer-oriented" goods.
FedEx Express flags US delivery delays after severe weather
Supply Chain Dive
MAY 9, 2024
Disruptions are possible for shipments with a May 9 commitment after "hazardous operating conditions" challenged a key hub in Tennessee.
Docusign to acquire Lexion: M&A rapid analysis
Spend Matters
MAY 9, 2024
Earlier this week, Docusign announced its agreement to acquire Lexion, a contract analytics specialist, for $165 million. The acquisition will factor into Docusign’s Intelligent Agreement Management (IAM) platform, which is the company’s attempt to create a new SaaS category. We first wrote about this development last month and will continue to explore it this year.
Redefining clinical trials: Adopting AI for speed, volume and diversity
IBM Supply Chain Blog
MAY 6, 2024
Successful clinical studies hinge on efficiently recruiting and retaining diverse participants. Yet, clinical trial professionals across the globe grapple with notable challenges in these areas. In this chapter of the IBM series on clinical trial innovation, we spotlight key strategies for boosting recruitment speed, helping to ensure diversity, and harnessing digital advancements.
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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