Supply Chain Brain
AUGUST 14, 2024
The concept behind Foreign-Trade Zones (FTZs) is not hard to grasp — they act as secured places for receiving cargo into the U.S. without incurring tariffs, yet. Then, there are multiple ways those tariffs can be reduced. And yet, many companies are failing to make the most of FTZs to reduce costs, because they’re intimidated by the legal and organizational hurdles.
Supply Chain Dive
AUGUST 14, 2024
The latest action by CN impacts U.S. originating intermodal railcars destined for Canada, while CPKC will discontinue domestic reefer shipments.
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Supply Chain Brain
AUGUST 14, 2024
Staring down the looming threat of a work stoppage at East/Gulf Coast ports, retailers have opted for earlier shipping schedules in 2024.
Supply Chain Dive
AUGUST 14, 2024
More than 90% of respondents said they were “making more efforts to map and understand” their supply chain, including fiber and yarn sourcing.
Advertiser: GEP
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
Supply Chain Brain
AUGUST 14, 2024
Global investors are lasered onto China’s struggling economy, even as they also contemplate the possibility of a recession in the U.S.
Supply Chain Dive
AUGUST 14, 2024
The collaboration will help the company's Overstock brand maintain its asset-light supply chain, according to President Dave Nielsen.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Procurement Insights
AUGUST 14, 2024
EDITOR’S NOTE: 75% of all solution providers will be gone by the end of 2025. Based on the above post, I was asked to provide a high-level overview of my take on the pending AI Bubble Burst and identify three companies I thought would emerge relatively unscathed and whole. As I am not generally a fan of the M&A game—or, as I call it, market share grabs to boost portfolios with replaceable parts, e.g., solution providers—I could not ignore the timing of the Jaggaer acquisition.
Supply Chain Brain
AUGUST 14, 2024
After the COVID-19 pandemic caused significant industrial demand fluctuations and exposed weaknesses in existing supply chains, distributors have begun to rethink inventory management and supply chain strategies. This guide explores how one of North America’s largest distributors, White Cap, has navigated these challenges by enhancing demand forecasting, centralizing inventory decision-making, and leveraging advanced technology.
Procurement Freelancers
AUGUST 14, 2024
Businesses must make the strategic decision to source locally or globally for their procurement needs… The post Global vs. Local Sourcing: A Procurement Team’s Guide to the Ups and Downs first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Brain
AUGUST 14, 2024
Warehouse workers are essential for any distribution company. And yet it can be difficult to attract and retain talent in today’s scarce labor market.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
The Good Spending
AUGUST 14, 2024
In our earlier posts, we discussed the applications of NPV analysis and opportunity cost. Now, we have developed a business case to present the combined use of both methods. Base Scenario: Upgrade of a Key Component This business case evaluates the financial implications of upgrading a key component in a new product line over 3 years. The focus is calculating the Net Present Value (NPV) of such an upgrade and comparing it with alternative investment opportunities.
Supply Chain Brain
AUGUST 14, 2024
Are you curious about how Ulta Beauty, the largest beauty retailer in the U.S., revolutionized their distribution centers?
Art of Procurement
AUGUST 14, 2024
If you work in procurement, it’s hard to avoid the topic of technology. Most procurement organizations have gone through decade-long. The post What is Procurement Technology? The Definitions, Trends, and Tools you Should Know appeared first on Art of Procurement.
Supply Chain Brain
AUGUST 14, 2024
Fleetio estimates that nearly a quarter of its users speak Spanish. Now, those users can submit inspections, and complete work orders in their native language.
Advertiser: GEP
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
Negotiations Ninja
AUGUST 14, 2024
Negotiation is an important skill that permeates all aspects of life, from sealing a major business deal to resolving a family dispute. At the heart of successful negotiations lies the ability to influence and persuade others. These skills enable us to effectively communicate our needs, understand the perspectives of others, and reach mutually beneficial agreements.
Supply Chain Brain
AUGUST 14, 2024
The deal will also include wing and maintenance work, with Rolls-Royce estimating that the engines will cut emissions by 14%.
Finale Inventory
AUGUST 14, 2024
In the fast-paced ecommerce industry, efficient inventory tracking is critical for managing and optimizing your business. Without a reliable system, you risk stockouts, excess inventory, unhappy customers, and reduced profitability. Remote inventory management can help. By utilizing technology and tools like Finale Inventory, you can streamline operations and gain a competitive advantage.
Supply Chain Brain
AUGUST 14, 2024
Both CN and CPKC began to embargo shipments of toxic chemicals such as chlorine and ammonia on August 12.
Speaker: Jason Cottrell and Gireesh Sahukar
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Finale Inventory
AUGUST 14, 2024
As ecommerce continues to grow, efficient inventory management is critical for the success and profitability of businesses. Traditional inventory management methods often struggle to provide accurate real-time data and streamlined processes. Visual inventory management offers a new approach, revolutionizing the way businesses manage their inventory.
Barkers Procurement
AUGUST 14, 2024
IT Procurement within financial services (FS) represents a complex mix of functions, requirements, stakeholders, suppliers and arduous process and governance underpinned by a need for regulatory compliance and an inherent focus on 3 rd party risk management and operational resilience. In addition, the nature of the market, particularly within the banking sector is changing significantly.
Finale Inventory
AUGUST 14, 2024
Efficient asset management is key for success in ecommerce. As inventory complexity grows, accurate tracking becomes increasingly important. Finale Inventory’s asset management spreadsheet template offers a reliable solution to enhance your ecommerce operations. Importance of Asset Management in Ecommerce Ecommerce businesses manage various assets like inventory, equipment, and digital resources.
CPO Rising
AUGUST 14, 2024
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… The post Technology Round-Up — August 14, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Advertiser: GEP
Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.
Finale Inventory
AUGUST 14, 2024
Hospital supply chain management plays a key role in the efficient operation of healthcare organizations. In an industry where patient care is paramount, having a well-managed supply chain is important for ensuring timely delivery of medical equipment, medications, and other necessary supplies. This article outlines six effective strategies that hospitals can implement to streamline their operations and improve patient outcomes.
Procurement Insights
AUGUST 14, 2024
EDITOR’S NOTE: Today’s post was orginally going to be a follow-up to yesterday’s post AI Tells Us How Five Solution Providers’ AI Can Help The LCBO During A Rail Strike. However, based on a question I received in the the corresponding LinkedIn discussion stream , we are going to go in a different direction today? You should use the previous link to join what is a very energized and insightful discussion by some of our industry’s top thinkers – in short, come on in,
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