Fri.Feb 23, 2024

article thumbnail

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.

Ethics 103
article thumbnail

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.

111
111
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

108
108
article thumbnail

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.

108
108
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

Data 80

More Trending

article thumbnail

Flexport relaunches Convoy’s load board

Supply Chain Dive

Users began logging back into the platform shortly after the app reactivated, EVP and Head of Trucking Bill Driegert said.

77
article thumbnail

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

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

52
article thumbnail

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.

article thumbnail

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.

Buyers 52
article thumbnail

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.