Wed.May 01, 2024

article thumbnail

AI Attacks Are Becoming More Common in the Logistics Industry. What To Do About Them?

Supply Chain Brain

Financial losses from a cyberattack in the logistics industry include possible legal liabilities, disrupted operations, revenue loss and regulatory fines, but the costs don't stop there.

Logistics 124
article thumbnail

Walmart GoLocal expands delivery capabilities, client base

Supply Chain Dive

The retailer's local delivery platform has evolved to handle big and bulky items, orders out of fulfillment centers and more, VP Rina Hurst told Supply Chain Dive.

professionals

Sign Up for our Newsletter

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

article thumbnail

Three Steps to Securing Microchip Supply in a Chaotic Global Market

Supply Chain Brain

By practicing foresight and preparing for the inevitable hiccup, manufacturers can go a long way toward ensuring that a shortage of microchips doesn't cause their facilities to lay dormant.

Supply 106
article thumbnail

Sportsman’s Warehouse invests in inventory management tech to boost in-stock reporting

Supply Chain Dive

The retailer partnered with Blue Yonder to develop the system as it looks to stay better in-tune with inventory trends.

Inventory 107
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

Watch: How Gamification Contributes to Warehouse Worker Retention

Supply Chain Brain

The practice of gamification is contributing to a more highly motivated workforce in the warehouse, says Ken Ramoutar, chief marketing officer of Lucas Systems Inc.

96
article thumbnail

Amazon’s order consolidation efforts deliver Q1 savings

Supply Chain Dive

The e-commerce giant cut costs by increasing the number of product units delivered per box, CEO Andy Jassy said.

108
108

More Trending

article thumbnail

How generative AI will revolutionize supply chain 

IBM Supply Chain Blog

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization. AI tools help users address queries and resolve alerts by using supply chain data, and natural language processing helps analysts access inventory, order and shipment data for decision-ma

article thumbnail

Containers Rerouted from Baltimore Face Lengthy Dwell Times at East Coast Ports

Supply Chain Brain

Demurrage charges for rerouted containers waiting at East Coast ports could add up to as much as $3.9 million each week.

article thumbnail

Manufacturing demand dips in April as companies remain cautious: PMI

Supply Chain Dive

While hiring is beginning to uptick, manufacturers remain uncertain about the fate of interest rates and its impact on business.

Demand 94
article thumbnail

Amazon Q1 Report Touts Expanded GenAI, Fastest Ever Delivery Times

Supply Chain Brain

Amazon saw its net income increase from $3.2 billion in the first three months of 2023 to $10.4 billion in Q1 of 2024.

97
article thumbnail

The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

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. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

article thumbnail

Supplier Portals: Best Practice in Supplier Onboarding and Enablement

HICX

Supplier onboarding is a critical process for organizations, ensuring that new suppliers are seamlessly integrated as partners for the enterprise. With the increasing complexity of supply chains and the supplier landscape, and the need for efficiency and risk management, optimizing the supplier onboarding process has become more important than ever.

article thumbnail

U.S. Truck Freight Struggles Mount as Volumes Continue Free Fall

Supply Chain Brain

Spending by shippers dipped by almost 28% from Q1 of 2023, and roughly 17% from the closing quarter of last year.

98
article thumbnail

Empowering Procurement Professionals: Lessons Learned Over 40 Years Within Procurement With Alex Jennings – Episode 93

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary In this episode, Martin Smith interviews Alex Jennings, an experienced procurement and commercial professional who has worked for companies such as GE and Toyota. They discuss Alex’s career journey, his experience in managing teams, and the changes in the procurement profession.

article thumbnail

AI Decoded: What Every CPO Needs to Know

Arkestro

Webinars / AI Decoded: What Every CPO Needs to Know AI Decoded: What Every CPO Needs to Know Summary: AI is seemingly “everything, everywhere, all at once!” and it has dominated business and technology discussions since the launch of ChatGPT. The opportunities are immense, but the amount of information on AI is overwhelming. Let Ardent Partners and Arkestro help you cut through the noise in this webinar. 3 Key Takeaways: AI has the potential to channel an entirely new level of innovation Procure

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.

article thumbnail

Procurement News — May 1, 2024

CPO Rising

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with your news story here.

article thumbnail

The Beatles, Procurement, and Orchestration – Do You See the Connection Now?

Procurement Insights

The other day, my teenage daughter excitedly told me about great music from a group she had never heard of. Even though I am turning 65, I am always interested in what my kids are into, so I said let’s hear it. The sound was as familiar as the words: “She loves you, yeah, yeah, yeah, yeah!” They are called the Beatles, she said. What do you think?