Fri.Feb 23, 2024

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Why UPS keeps shrinking its workforce

Supply Chain Dive

UPS’ headcount has dropped by 43,000 employees in just three years, and more cuts are coming. Experts say it’s not all market-driven.

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Conversational AI use cases for enterprises

IBM Supply Chain Blog

Today, people don’t just prefer instant communication; they expect it. Conversational artificial intelligence (AI) leads the charge in breaking down barriers between businesses and their audiences. This class of AI-based tools, including chatbots and virtual assistants, enables seamless, human-like and personalized exchanges. Beyond the simplistic chat bubble of conversational AI lies a complex blend of technologies, with natural language processing (NLP) taking center stage.

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FMC releases final rule on detention and demurrage

Supply Chain Dive

The billing practices from the agency establish which parties can receive an invoice and sets a timeframe for issued invoices and disputes.

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Shipping Giant CMA CGM Posts a Loss as Red Sea Conflict Rages

Supply Chain Brain

Surging profits over the previous two years filled the coffers of the Saades and rival European shipping tycoons.

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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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This Supply Chain Year Will Be Dependent on Politics

SCMR (Supply Chain Management Review)

Politics seems to be on everyone’s mind in this election year and the effects on supply chains are becoming evident in every aspect of our work.

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Danone is one of the companies to watch in 2024

Procurement Insights

Danone ’s 2023 full-year results are in, and we can see another successful year! A huge thanks to all Danoners, and in particular, to the #Operations teams, for all your hard work – driving the transformation of our end-to-end #supplychain , across our ecosystem, to deliver greater impact and value! 2023 was about continuing to build our foundations, being agile, supporting our sustainability goals – in line with the Danone Impact Journey – and focusing on consumer, customer, and patient ne

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Why everyone in every company is “IN” procurement

Procurement Insights

“ So, here is the question – if you knew in advance that there was going to be an olive oil shortage and that prices were likely to rise considerably, how many of you would have made sure you purchased the $4.97 bottle while it was still available? Even without a shortage, the difference between $4.97 and $19.99 is still considerable.” Ulf Venne • Host Supply Chain Pioneers | Supply Chain ‘Pro-to-Know’ Data is definitely available to get in front of this, the proble

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How to implement the General Data Protection Regulation (GDPR)

IBM Supply Chain Blog

The General Data Protection Regulation (GDPR), the European Union’s landmark data privacy law, took effect in 2018. Yet many organizations still struggle to meet compliance requirements, and EU data protection authorities do not hesitate to hand out penalties. Even the world’s biggest businesses are not free from GDPR woes. Irish regulators hit Meta with a EUR 1.2 billion fine in 2023.

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Panasonic Energy fortifies battery supply chain with new graphite deal

Supply Chain Dive

Nouveau Monde Graphite will supply the battery maker with 18,000 tons a year of the material from its mine in Quebec.

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Planemakers Partner to Halt Infiltration of Unauthorized Parts

Supply Chain Brain

The Aviation Supply Chain Integrity Coalition will include senior representatives from American Airlines, Delta Air Lines, Safran, StandardAero and United Airlines.

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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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AI Revolutionizing Procurement: A Strategic Shift

Empowering CPO

Introduction In the dynamic world of procurement, artificial intelligence (AI) is rapidly reshaping the sourcing landscape. As businesses seek agility, cost optimization, and data-driven decision-making, AI-powered solutions are becoming indispensable for procurement professionals. The AI Advantage Predictive Insights: AI algorithms analyze historical data to predict demand patterns, market trends, and supplier performance.

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U.S. DoL Seeks Injunction to Stop Use of ‘Oppressive Child Labor’ at Meat Processing Facilities

Supply Chain Brain

Federal investigators found children, some as young as 13, employed by Fayette Industrial as industrial cleaners at meat processing plants in Iowa and Virginia.

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The Contribution Of Sourcing Agents To The Success Of Global Trade

Procurement Freelancers

This is a highly competitive world where every business is striving for the top position.

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Procurement 2024: BIG Prediction – Buyer Beware: “Fake News” Invades Supply Markets

CPO Rising

For more than a decade, Ardent Partners’ senior analyst team has gathered in Boston for a multi-day company strategy and planning meeting. The team dedicates itself to reviewing the prior year’s research and main findings.

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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