Sun.Apr 21, 2024

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U.K. Brexit Import Checks Delayed, Causing Confusion

Supply Chain Brain

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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Overcoming Procurement’s Fear of AI

Art of Procurement

“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.

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How Businesses Can Cut Supply Chain Costs Without Jeopardizing Long-Term Growth

Supply Chain Brain

In a difficult economy, the most obvious action item on executive agendas is cutting cost. Yet businesses often fail to make good on that relatively straightforward objective.

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A visual illustration of vendor rationalization

Procurement Insights

You go to two different grocery stores – Store A and Store B. Which product do you buy? Store A Store B Beyond price, which one of the two provides the best value? Now, how would you respond if you were told that you could only buy from Store B because they are a preferred store? Vendor Irrationalization Before answering that question, read the following excerpt from an April 2009 paper, “Utilizing an Intelligent Filtering Platform to Enhance Contract Performance (A Procurement Insig

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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 Priorities for Making Plastics Supply Chains Circular

Supply Chain Brain

The move to a circular economy for plastics is imminent. Everyone involved in plastics supply chains must now prepare for their transformation.

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Key Metrics to Evaluate Procurement Performance and Success

Procurement Freelancers

Procurement is an essential business activity. It substantially influences the financial stability and operational performance… The post Key Metrics to Evaluate Procurement Performance and Success first appeared on Procurement Blog | Procurement & Supply Chain News.

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Dealing with Baltimore’s Bridge Collapse

Procurement Bulletin

Dealing with Baltimore’s Bridge Collapse Supply chains just can’t catch a break. After obstacles resulting from the pandemic, the recent Baltimore bridge disaster is sending logistics and supply chains that go through Baltimore’s port scrambling to figure out work arounds to get supply moving again. It’s not been easy. The trucking industry has been hit hard by the bridge collapse.

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Transports Index Tumbles, Signaling Risks for U.S. Stock Market

Supply Chain Brain

JB Hunt fired the first warning shots during its quarterly results, saying demand was weak, sending shares of the whole group lower. Then Knight-Swift followed.

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