Thu.Mar 28, 2024

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5 ways drone delivery providers are advancing in 2024

Supply Chain Dive

Announcements from Zipline, DroneUp, Wing and Skyports Drone Services this year demonstrate drones' growing presence in supply chains.

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Happy Easter

Procurement Templates

Happy Easter. It’s a time for reflection and the resurrection of Jesus. Spend the time reiving your tired body and enjoy time with loved ones. My Valentines Satire post was rather popular so here is the Easter one! Procurement Parody: An Easter Reflection In the solemn glow of Easter, as we celebrate renewal and rebirth, let us turn our attention to a ritual as ancient and mystifying as the resurrection itself: procurement.

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Essential Negotiation Skills for Procurement Professionals

ProcurePort

Negotiation is at the heart of procurement. Whether you’re securing the best prices, managing supplier contracts, or resolving disputes, the ability to negotiate effectively is crucial for procurement professionals. In business today, being good at negotiation is more than just getting a good deal. It’s also about creating lasting relationships, reducing risks, and creating value […] The post Essential Negotiation Skills for Procurement Professionals appeared first on ProcurePo

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5 takeaways from UPS’ 2024 investor and analyst day

Supply Chain Dive

Company officials provided details on the company's future with Amazon, the evolution of its pricing technology, growth in healthcare and more.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“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.

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Nearshoring Is Booming in Mexico. Here Are Five Numbers to Prove It

Supply Chain Brain

Businesses in the U.S., Canada, and even South America have been bringing their supply chains closer to the consumer — that is, nearshoring — and Mexico has been the beneficiary.

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East Coast ports say they are ready for Baltimore cargo

Supply Chain Dive

The Port of Virginia and the Port of New York and New Jersey can serve as alternative ports for ships that were destined to Baltimore.

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Watch: Navigating Today's Supply Chain Finance Challenges

Supply Chain Brain

Fermin Caro, managing director of boutique bank ComCap, discusses how to deal with today's supply chain challenges.

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Golden State Foods names first-ever chief procurement officer

Supply Chain Dive

Trisha McRoberts joins the C-suite with a mission to optimize cash management and assure supply, among other goals.

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A New Priority Greets Procurement Professionals in 2024

SCMR (Supply Chain Management Review)

Cost reduction supplants supply continuity as the top issue facing procurement professionals in The Hackett Group’s annual Key Issues survey.

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Lloyd’s of London Says Baltimore Bridge Collapse Could Lead to Record Insurance Loss

Supply Chain Brain

Barclays said claims for damage to the bridge alone could reach $1.2 billion, along with hundreds of millions of dollars for business disruption caused by the port’s closure.

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How to Modernize Manufacturing Without Losing Control

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

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Private cloud use cases: 6 ways private cloud brings value to enterprise business

IBM Supply Chain Blog

As cloud computing continues to transform the enterprise workplace, private cloud infrastructure is evolving in lockstep, helping organizations in industries like healthcare, government and finance customize control over their data to meet compliance, privacy, security and other business needs. According to a report from Future Market Insights (link resides outside ibm.com), the global private cloud services market is forecast to grow to USD 405.30 billion by 2033, up from USD 92.64 billion in 2

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Battle over EVs in China Intensifies as Xiaomi Announces Sedan to Challenge Tesla Model 3

Supply Chain Brain

The smartphone company will look to challenge Tesla's status as one of China's most popular EV manufacturers.

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Port of Baltimore May Not Reopen Until Summer

SCMR (Supply Chain Management Review)

The Port of Baltimore may remain closed until at least May, and possibly into the summer, as officials investigate and clean up the site of the Francis Scott Key Bridge collapse following a cargo ship strike on Tuesday.

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Baltimore Bridge’s $2 Billion Rebuild Starts With Clearing Ship

Supply Chain Brain

A salvage firm that helped contain the Deepwater Horizon oil spill and safely demolished part of New York’s Tappan Zee Bridge with explosives is heading to Baltimore.

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How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

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.

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What You Don’t Know Can Hertz You

Art of Procurement

Hertz was founded in 1918, in Chicago, Illinois. In those early days, their rental fleet was entirely made up of. The post What You Don’t Know Can Hertz You appeared first on Art of Procurement.

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Home Depot Buys Roofing Company for $18B in Push for Pro Customers

Supply Chain Brain

SRS Distribution has 760 locations along with 4,000 trucks that transport materials to job sites, and reported $10 billion in revenue in 2023.

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DATA! AI don’t need no stinkin’ DATA!

Procurement Insights

“The hot topic was where to get started with AI and the importance of finding a quick win. Both Supplier Discovery and Contract Management surfaced as the lowest-hanging fruit for the fastest win. The general consensus was to avoid AI projects that involve dependency on clean data.” – Procurement Leaders | A World 50 Group Community – [link] There is nothing wrong with a quick win – or a series of quick wins per Jom Collins’ Flywheel model.

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Podcast | How to Save Money in Your Supply Chain

Supply Chain Brain

There has never been a greater need for reducing costs in global supply chains than right now. Here, we discuss a number of cost-cutting options available.

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

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.

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Sales & Operations Planning (S&OP) Mastery

SCMR (Supply Chain Management Review)

In this Special Digital Edition of Supply Chain Management Review, you will find insights on the importance of sales and operations planning (S&OP) to an organization’s bottom line.

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PFAS Risks in 2024: Common Compliance Pitfalls for Manufacturers

Supply Chain Brain

The urgency around per- and polyfluoroalkyl substances (PFAS) is growing, and it has never been more critical for manufacturers to be proactive about reducing and eliminating them from production.

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Discovery Health

Vested Way

The healthcare market in South Africa – like most countries – is dynamic and evolving. Discovery Health launched what would become one of the most progressive insurance platforms for individuals and employers to fund medical treatment (called a Medical Scheme in South Africa). In 1998 South Africa passed the Medical Schemes Act to regulate the industry.

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What You Don’t Know Can Hertz You

Art of Procurement

Hertz was founded in 1918, in Chicago, Illinois. In those early days, their rental fleet was entirely made up of.

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Procurement Is Navigating a Tech Tsunami (and It’s Upending How You Work)

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.

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The Benefits of IT Automation and Orchestration Synergy

Pipefy

At businesses, both tech stacks and cybersecurity risks are quickly growing on both a local and global level. In addition to these relatively new responsibilities, IT teams are also held accountable for the hardware maintenance and employee help desk services they’ve supported for decades. Add in a shortage of tech professionals that may last for years to come , and it should come as no surprise to anyone that IT employees are quickly burning out.

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Procurement 6 – March 29th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – March 29th, 2024 appeared first on Art of Procurement.

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AI Workflow Automation: How to Integrate Artificial Intelligence Into Workflows

Pipefy

Business automation software, also referred to as no-code business process automation (BPA), has made digital transformation possible for many organizations. Companies looking to stay competitive in the current fluctuating marketplace turn to workflow automation for new efficiency, cost savings, security measures, system integration, and market forecasting.

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What You Don’t Know Can Hertz You

Art of Procurement

Hertz was founded in 1918, in Chicago, Illinois. In those early days, their rental fleet was entirely made up of. The post What You Don’t Know Can Hertz You appeared first on Art of Procurement.

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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China to Lift Costly Three-Year-Old Tariffs on Australian Wine

Supply Chain Brain

Prior to the tariffs, China was Australia's biggest wine importer, amounting to 1.1 billion Australian dollars ($710 million) a year in 2019.

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Procurement 6 – March 29th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – March 29th, 2024 appeared first on Art of Procurement.

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Arkestro Advisory Council: Spot Buys

Arkestro

Webinars / Arkestro Advisory Council: Spot Buys Arkestro Advisory Council: Spot Buys Summary: In this exclusive customer event, participants from diverse industries discuss the role of Arkestro, a predictive procurement orchestration platform, in transforming spot buying from a reactive to proactive process. 3 Key Takeaways: Spot buys can be strategic when leveraged properly Procurement platforms like Arkestro can facilitate quick and competitive spot buys Significant costs savings and efficienc

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Procurement platform for post-consumer recycled materials nabs $10.5M in funding

Supply Chain Dive

Circular, which connects suppliers of recycled plastics to buyers, plans to expand internationally and introduce other materials to its offering.

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The AI Race Isn’t Just About Tech Superiority – Its the Supply Chain, Stupid!

The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.