Wed.Feb 14, 2024

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The Role of Customized Packaging and Labeling in Building Brand Identity for Your Retail Business

All Things Supply Chain

Marketing is the art of the four “Ps”: Product, promotion, pricing, and placing. Another overlooked “P” falls under the umbrella of “Product”: Packaging.

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Retail and apparel groups call for secured travel on the Red Sea

Supply Chain Dive

The trade organizations cited rising rates, delays and at least $80 billion in cargo that has been diverted around the region amid attacks.

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APAC Air Freight Market Subdued, Shipping Continues to Struggle, Report Says

Supply Chain Brain

Dimerco said that ocean shippers in the APAC region should anticipate rates to increase for vessels going to the U.S. and Europe.

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Dollar Tree COO takes on supply chain oversight

Supply Chain Dive

Mike Creedon “will have full end-to-end accountability for delivering a best-in-class store experience for our customers," the discount retailer's CEO said.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

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.

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The most valuable AI use cases for business

IBM Supply Chain Blog

When thinking of artificial intelligence (AI) use cases, the question might be asked: What won’t AI be able to do? The easy answer is mostly manual labor, although the day might come when much of what is now manual labor will be accomplished by robotic devices controlled by AI. But right now, pure AI can be programmed for many tasks that require thought and intelligence , as long as that intelligence can be gathered digitally and used to train an AI system.

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Pactum: Vendor Analysis Update — Autonomous negotiation solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis Update provides an overview of Pactum and its solution for long-tail negotiations. Once a Spend Matters Future 5, Pactum has continued to grow in recent years to make negotiation autonomous for large organizations. It focuses on reaching win-win deals autonomously via its AI system that, without procurement involvement, can negotiate with human supply-side representatives.

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Radiant Logistics opens new San Antonio location

Supply Chain Dive

The operation's services include U.S.-Mexico freight forwarding as logistics providers capitalize on nearshoring activity.

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Winning the S&OP Battle

SCMR (Supply Chain Management Review)

n this special digital issue, we share stories from companies that have done that, and present advice from leading practitioners on how to accomplish that through innovative design and optimization of the supply chain.

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How To Choose the Right Routing Method for Your Business

Supply Chain Brain

Routing has always been complicated, but never more so than it is today. This report compares six different routing methods so that you can evaluate each based on your priorities.

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Procurement 2024: Supercharged for Success

SCMR (Supply Chain Management Review)

In our Procurement 2024 Special Digital Issue, we offer a combination of viewpoints and case studies that show managing procurement through disruption is not only possible, it is being done today.

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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.

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Boom or Bust: E-Commerce Post-Holiday Shopper Results Revealed

Supply Chain Brain

Many online and omnichannel retailers, as well as industry pundits, thought the 2023 holiday season would be hampered by inflation-induced price increases, supply chain challenges, geopolitical issues and general economic uncertainty — but the data tells a different story.

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Certify Your Success

SCMR (Supply Chain Management Review)

In this Special Digital Edition of Supply Chain Management Review, we look at the current state of executive education with some of our best content on the topic, including a listing of the most common certification programs available today.

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5 Expert Risk Management Strategies: A 2024 Guide for Supply Chain Managers

Supply Chain Brain

How do supply chain risk managers balance cost and finite resources against growing risk loads? Expert Risk Management Strategies give you insights into the tactics and tools used by industry experts to manage and minimize exposure to cost of disruption.

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6 Best Practices for Contract Change Management

ContractSafe

In business, change is the only thing you can count on. And it's especially true in contract management. Contracts change, and managing those changes is how your business stays ahead.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

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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Oracle Unveils New Supply Chain Logistics Tools

Supply Chain Brain

The company said that these updates to Oracle Transportation Management and Oracle Global Trade Management will help customers increase visibility, reduce costs and automate regulatory compliances.

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How Does Supply Chain Impact Marketing & Sales?

SCMDOJO

At first, looking at this title, you might think – ha? How is marketing connected to my supply chain? But the truth is that more than you think. The supply chain of your business has many components. And marketing might be one of the most essential ones if you want to create a sustainable and successful company in the long run. That’s why you need to understand the relationship between supply chain and marketing and align them if you hope to maintain a competitive edge in the fast-paced world.

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Five Ways That Returns Fraud Is Costing Retailers Money

Supply Chain Brain

Retail return fraud has grown rampant in recent years, stealing retailers’ hard-earned profits, damaging brands’ reputations, and burdening honest consumers with higher prices.

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Technology Round-Up — February 14, 2024

CPO Rising

CPO Rising’s Technology Round-Up Series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.

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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

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How AI Can Deliver a Better 3PL Customer Service Experience

Supply Chain Brain

Third-party logistics (3PL) organizations are facing a more challenging operating environment. The sheer number of orders is increasing rapidly — and more of them consist of small quantities that threaten to overwhelm information processing systems.

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Forbes: The Devil’s in the Details, Part 2

Arkestro

Let’s explore the process of attribution mapping and how procurement teams can best take advantage of this approach.

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Energy Chief: U.S. ‘Very Concerned’ About China’s Dominance of Critical Minerals

Supply Chain Brain

Energy Secretary Jennifer Granholm said that the U.S. is currently updating its laws, including a 150-year-old mining regulation, to ensure the “sustainable and efficient” extraction of critical minerals.

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How to Choose the Right Procurement Service and Dashboard Tool for Your Business?

Empowering CPO

Introduction In the ever-evolving realm of modern business, where procurement plays a pivotal role in shaping success, the choice of the right procurement service and dashboard tool is more crucial than ever. EmpoweringCPO, a distinguished procurement service and consulting company, stands out as a guiding force for organizations looking to optimize their procurement processes.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Academic-Industry Partnerships Offer Much-Needed Broadening of Supply Chain Perspective

Supply Chain Brain

Getting a thoroughly broad view of supply chain operations gives a supply chain professional a career boost because it makes him or her more useful to the company.

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HanesBrands to layoff nearly 160 employees in North Carolina distribution center

Supply Chain Dive

The apparel company plans to repurpose the facility as it streamlines operations.

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How Are You Meeting Rising 3PL Demand?

Supply Chain Brain

Businesses of all sizes are turning to third-party logistics (3PL) providers to manage everything from their warehouse operations to their global supply chains.

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The Role Of Technology In Modern Purchasing Agent Practices

Procurement Freelancers

As technology evolves, the job of sourcing agents also becomes more precise and effective.

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Supply Chain Orchestration: A New Era in Supply Chain Management

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.

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Accenture Agrees to Acquisition of Insight Sourcing

Supply Chain Brain

Accenture will absorb roughly 220 consultants from Insight Sourcing and gain access to the company's portfolio of more than 40 technology procurement tools.

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The future of renewable energy

IBM Supply Chain Blog

Renewable energy is energy produced from Earth’s natural resources, those that can be replenished faster than they are consumed. Common examples include solar power, hydropower and wind power. Shifting to these renewable energy sources is key to the fight against climate change. Today, a variety of incentives and subsidies help make it easier for companies to lean on renewable resources as a stable source of power to help alleviate the climate crisis.

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FTC Examining Shortages of Cancer Treatments and Other Drugs

Supply Chain Brain

The federal government asked about shortages of generic drugs and whether groups that purchase quantities in bulk are contributing to the problem.

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The future of renewable energy

IBM Supply Chain Blog

Renewable energy is energy produced from Earth’s natural resources, those that can be replenished faster than they are consumed. Common examples include solar power, hydropower and wind power. Shifting to these renewable energy sources is key to the fight against climate change. Today, a variety of incentives and subsidies help make it easier for companies to lean on renewable resources as a stable source of power to help alleviate the climate crisis.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.