How Analytics Improve the Efficiency of Supply Chain Management
All Things Supply Chain
APRIL 30, 2024
Analytics is a powerful tool that supply chain experts find critical in the modern competitive market.
April, 2024
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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.
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Even with +1, China is still #1
Art of Procurement
APRIL 4, 2024
China’s role in the global supply chain is changing right before our eyes, leaving foreign buyers to feel the discomfort. The post Even with +1, China is still #1 appeared first on Art of Procurement.
DHL will pay $8.7M to settle allegations it gave Black workers more dangerous assignments
Supply Chain Dive
APRIL 29, 2024
While Black workers moved “large, heavy packages,” their White colleagues sorted letters, the U.S. Equal Employment Opportunity Commission alleged.
7 Leadership Themes for Procurement & Supply Chain Leaders in 2024
Advertiser: GEP
Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.
ivoflow: Vendor Analysis — Direct spend management solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
APRIL 29, 2024
This Spend Matters Vendor Analysis provides an overview of ivoflow and its solution for direct spend management. Global supply chains are under constant pressure because uncertain geopolitical factors, rising energy costs, highly volatile raw material markets and increasing international competition make global supply chains and procuring goods challenging and unpredictable.
4 ways generative AI addresses manufacturing challenges
IBM Supply Chain Blog
APRIL 15, 2024
The manufacturing industry is in an unenviable position. Facing a constant onslaught of cost pressures, supply chain volatility and disruptive technologies like 3D printing and IoT. The industry must continually optimize process, improve efficiency, and improve overall equipment effectiveness. At the same time, there is this huge sustainability and energy transition wave.
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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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Watch: A Symphony of Systems: The Rise of Warehouse Orchestration
Supply Chain Brain
APRIL 30, 2024
Warehouse orchestration is the answer for facilities looking to integrate and efficiently manage a multitude of discrete systems, says Keith Moore, chief executive officer of Autoscheduler.ai.
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.
Amazon leapfrogs UPS, and 4 other takeaways from a top shipping index
Supply Chain Dive
APRIL 17, 2024
Market conditions are leading to shifts in U.S. volume share, with some upstarts gaining ground, according to new parcel delivery data from Pitney Bowes.
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.
Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization
Speaker: Kevin Kai Wong, President of Emergent Energy Solutions
In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.
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
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.
How AI Transforms Trade Classification and Compliance
Supply Chain Brain
APRIL 18, 2024
The trading world is a perfect candidate for artificial intelligence-based tools and capabilities, to enhance the quality and productivity of classification and compliance.
5 Things Procurement Should Consider When Evaluating AI with Heather Murray
Art of Procurement
APRIL 7, 2024
“2023 was the year of the ‘dabbler.’ We all heard about AI, and we were all playing around with ChatGPT. The post 5 Things Procurement Should Consider When Evaluating AI with Heather Murray appeared first on Art of Procurement.
Scaling Logistics for Success: A White Claw Story
Speaker: Scott Campbell and Molly Feller
As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe
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.
Crossing the chasm of S2P beyond Procurement and Finance
Spend Matters
APRIL 29, 2024
The source-to-pay (S2P) application suite was created to be a one-stop-shop technology choice for procurement professionals — offering the potential for ‘suite synergy’ that delivers value beyond the sum of the individual process-centric modules. But there are some endemic technology gaps with a suite approach that can’t be fixed easily with more S2P features, with a simple/elegant UX, or even with an attractive underlying digital platform to allow better integration (e.g., via numerous open API
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.
Top Performers Investing in, Benefitting from AI
SCMR (Supply Chain Management Review)
APRIL 1, 2024
Top-performing supply chains are investing in AI/ML at twice the rate of lower-performing supply chains, and they are using those investments to drive business momentum, Gartner has found.
Supply Chain Orchestration: A New Era in Supply Chain Management
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When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.
Report: Tyson Foods Dumped 371M Pounds of Waste into U.S. Waters Over 5 Years
Supply Chain Brain
APRIL 30, 2024
The toxic waste includes chemicals such as nitrogen, phosphorous, chloride, oil, and cyanide, released into rivers and lakes between 2018 and 2022 in 17 states.
Playing the “China Card” in U.S. Ports
Art of Procurement
APRIL 18, 2024
When I think about global trade, I think about massive container ships, trains and trucks waiting to take containers to. The post Playing the “China Card” in U.S. Ports appeared first on Art of Procurement.
USPS delivery unit proposal sparks service, cost concerns for shipping partners
Supply Chain Dive
APRIL 30, 2024
The agency is mulling changes to how shipping companies like DHL eCommerce and Pitney Bowes inject volume into its network, industry experts told Supply Chain Dive.
Recapping new product announcements from Docusign Momentum 2024
Spend Matters
APRIL 16, 2024
On April 11, Docusign hosted the in-person session of Docusign Momentum, its annual conference, at The Glasshouse in New York. The event featured major announcements, including a new logo and branding, an AI-powered intelligent agreement review platform with function-specific applications and other new products, such as a centralized repository called Navigator and a no-code/drag-and-drop workflow tool called Maestro.
How to Create a Blueprint for Fleet Resilience
Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader
Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,
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.
When it comes to BI and AI, A should always follow B!
Procurement Insights
APRIL 19, 2024
Earlier today, I attended a LinkedIn Event hosted by Evalueserve. I came across it by accident, but I am glad that I did. Titled “Revolutionize Your BI: Digital Transformation Stories from the Real World,” the panel included Whirlpool’s Gowri Namboodiri , Caterpillar ‘s Ben Newman, and Coyote Logistics ‘ Director, Supply Chain Engineering & Analytics Jay Zaleski.
Why Congestion Could Be on the Horizon for Port of L.A. Headed into Peak Months
Supply Chain Brain
APRIL 1, 2024
A growing economy, drought conditions at the Panama Canal, and systems not designed to plan for trucking schedules could all spell trouble for the Port of LA in the months to come.
Essential Freelance Procurement Contract Management Tips
Procurement Freelancers
APRIL 1, 2024
Good contract management acts as a compass in the maze of freelance work. It guides… The post Essential Freelance Procurement Contract Management Tips first appeared on Procurement Blog | Procurement & Supply Chain News.
How to Stay Competitive in the Evolving State of Martech
Advertiser: ZoomInfo
Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr
UPS wins US Postal Service air cargo contract, usurping FedEx
Supply Chain Dive
APRIL 1, 2024
The delivery giant will ramp up its activity with the agency after a transition period, eventually moving the majority of its domestic air cargo.
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.
The future of application delivery starts with modernization
IBM Supply Chain Blog
APRIL 10, 2024
IDC estimates that 750 million cloud native will be built by 2025. Where and how these applications are deployed will impact time to market and value realization. The reality is that application landscapes are complex, and they challenge enterprises to maintain and modernize existing infrastructure, while delivering new cloud-native features. Three in four executives reported disparate systems in their organizations and that a lack of skills, resources and common operational practices challenge
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.
Next-Gen Procurement: Transforming Processes with the Power of Generative AI
Advertiser: GEP
Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.
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