Wed.Apr 24, 2024

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Emerging Trends in Logistics Training: Preparing for Tomorrow’s Challenges

All Things Supply Chain

Navigating the ever-evolving landscape of logistics requires a keen understanding of emerging trends.

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Port of Baltimore preps new alternate channel for larger vessel traffic

Supply Chain Dive

The limited access channel could help draw more commercial activity back to the port after the collapse of the Francis Scott Key Bridge.

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Daato: Vendor Analysis — ESG compliance solution overview, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis, we give an overview of Daato, an ESG compliance solution built to address the challenges companies face with complying to different reporting frameworks. The regulatory landscape that procurement professionals have to navigate is constantly changing. New regulations are frequently being introduced, especially regarding sustainability.

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White House earmarks $1.5B in push for freight decarbonization

Supply Chain Dive

Federal funds will support the electrification of ports and electric truck charging infrastructure, among other projects.

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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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Coupa Inspire 2024: New product announcements centered around ‘Margin Multiplier’ theme

Spend Matters

Spend Matters analysts attended Coupa Inspire Americas 2024 in Las Vegas, the company’s 11th annual Inspire conference and its largest to date. In their first dispatch our analysts cover Coupa CEO Leagh Turner’s opening speech, which touched on Coupa’s five initiatives to bridge the customer “margin erosion zone:” assisting customers with growth, efficiency, productivity, resiliency and sustainability.

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GLS US launches direct delivery to and from Europe

Supply Chain Dive

The carrier integrated its services with its parent's European network, which could help it stand out among FedEx and UPS alternatives.

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Lowe’s taps DoorDash for on-demand deliveries

Supply Chain Dive

The partnership marks DoorDash’s entry into the home improvement category as the company grows its roster of retailers.

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Gartner Warns 'Real Risk' Supply Chain Leaders Could Misuse GenAI

Supply Chain Brain

Gartner's report warns that a focus on using GenAI to cut down on labor costs could alienate supply chain workers.

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How to prevent prompt injection attacks

IBM Supply Chain Blog

Large language models (LLMs) may be the biggest technological breakthrough of the decade. They are also vulnerable to prompt injections , a significant security flaw with no apparent fix. As generative AI applications become increasingly ingrained in enterprise IT environments, organizations must find ways to combat this pernicious cyberattack. While researchers have not yet found a way to completely prevent prompt injections, there are ways of mitigating the risk.

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Four Ways to Reduce Your Scope 3 Emissions From Within

Supply Chain Brain

While the effort may be more challenging than Scope 1 and 2 reporting, there are many things a company can do to reduce Scope 3 carbon emissions.

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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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Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. And we know that numbers don’t lie. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

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Watch: Challenges in Today’s Supply Chains — and How Technology Can Help

Supply Chain Brain

Technology, including AI, offers help with almost all challenges in today's supply chains. But it's important to separate hype from reality, says Amin Sikander, president of Synkrato.

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Data privacy examples

IBM Supply Chain Blog

An online retailer always gets users’ explicit consent before sharing customer data with its partners. A navigation app anonymizes activity data before analyzing it for travel trends. A school asks parents to verify their identities before giving out student information. These are just some examples of how organizations support data privacy , the principle that people should have control of their personal data, including who can see it, who can collect it, and how it can be used.

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European Parliament Approves Human Rights 'Due Diligence' Directive

Supply Chain Brain

The law requires select EU companies to mitigate against business practices like forced labor, pollution, and various other human rights abuses.

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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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Who is responsible for the success of procurement’s digital AI transformation?

Procurement Insights

“ Gartner states that 85% of AI projects fail due to unclear objectives and obscure R&D project management processes. Also, 87% of R&D projects never get to the production phase, while 70% of clients indicated minimal or even no impact from AI. Nov 6, 2023” – Neurons Lab Should analyst performance be assessed by the successful implementations of the providers they list in their Dynamic Analyst Solution Map?

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Battery Recycling Shatters the Myth of Electric-Vehicle Waste

Supply Chain Brain

The latest advances in battery recycling, including by leading U.S. battery recycler Redwood Materials, are shrinking EVs’ footprint.

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The Benefits of Cashless Procurement Systems

NLPA (Next Level Purchasing Association)

The global supply chain is undergoing a metamorphosis. Traditional methods are struggling to keep pace with the complexity and dynamism of modern commerce. In this evolving landscape, cashless procurement systems are emerging as a powerful tool for businesses to streamline operations, enhance transparency, and gain a competitive edge. A Procurement Revolution: Embracing Cashless Systems At its core, a cashless procurement system eliminates the use of physical cash in the procurement process.

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Boeing Posts $355M Loss in First Quarter of 2024

Supply Chain Brain

The planemaker saw revenue fall 8% year-over-year in Q1, in what CEO David Calhoun called a "tough moment" in a letter to employees.

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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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The Pivotal Role of Early Procurement Involvement: A Sage’s Guide

World of Procurement blog

In the intricate tapestry of the procurement process, early engagement is not merely a step but a fundamental strategy that can significantly shape the outcome. The role of procurement has evolved from transactional to strategic, signaling a transformative shift in its impact on business success. As we traverse this path of enlightenment together, let us delve into why early procurement involvement is vital, the challenges of late engagement, and the pioneering solutions that are shaping the fut

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NRF Urges Congress to Pass Legislation to Fight Organized Retail Crime

Supply Chain Brain

The NRF argues a federal response to organized retail crime is critical, as law enforcement agencies across jurisdictions often lack sufficient resources to quickly catch and prosecute retail criminals.

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"Why Supply Chain Sustainability Matters and How to Improve It"

World of Procurement blog

As businesses increasingly recognize the importance of sustainability and the role they play in environmental and social issues, the focus is turning to the supply chain. A company's supply chain encompasses the entire network of suppliers, manufacturers, distributors, and other partners involved in the production, distribution, and disposal of products and services.

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Biden Administration Raises Salary Threshold for Overtime Pay

Supply Chain Brain

Starting on July 1, the threshold will increase from $35,568 to $43,888, and then again to $58,656 on January 1, 2025.

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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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How to Create a Procurement Policy

World of Procurement blog

In the vast and vibrant landscape of procurement, a robust policy does not merely serve as a guideline—it is the bedrock upon which successful procurement practices are built. With a blend of wisdom, insight, and foresight, let us delve into the critical endeavor of creating a procurement policy that not only sets the standard but elevates your procurement processes to new heights.

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Navigating the Procurement Business Processes: A Comprehensive Guide

World of Procurement blog

Welcome, esteemed colleagues and burgeoning professionals, to another elucidative exploration in the world of procurement. Today, we voyage through the intricate web of procurement business processes. Delve into this rich tapestry with us, as we unravel the complexities and illuminate the path to procurement excellence. Understanding the Procurement Process At its core, the procurement process is a strategic axis around which the efficiency, effectiveness, and ethical standards of a business rev

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Top 15 Procurement Certifications you should know about

World of Procurement blog

In the dynamic and ever-evolving world of procurement and supply chain management, staying at the forefront of professional development is not just advantageous – it’s imperative. For those committed to this challenging and rewarding field, acquiring the right certifications can significantly boost your expertise, credibility, and career prospects. Today, we delve into the top 15 procurement certifications that stand as beacons of knowledge, skill, and proficiency in the industry, with a particu

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Mastering the RFQ: A Strategic Guide for Procurement Success

World of Procurement blog

In the orchestra of procurement processes, each instrument plays a vital role in achieving the symphony of successful procurement outcomes. Today, we delve into the Request for Quotation (RFQ), a critical piece in this ensemble, elucidating its nuances and how it harmonizes with the broader procurement strategy. With World of Procurement as your conductor, let us enrich your repertoire with the knowledge and insights needed to master the RFQ process.

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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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The Art and Science of Buying Versus Procurement: Navigating the Nuances

World of Procurement blog

In the kaleidoscopic world of procurement, understanding the nuances between buying and procurement stands as a beacon of insight for professionals aiming to master the craft. Both realms encapsulate crucial aspects of acquisition strategies but diverge in scope, complexity, and approach. Let’s embark on an enlightening journey to demystify these concepts, unfolding their key differences, similarities, and the quintessential skills and best practices that define them.

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Unveiling the Strategic Tool in Procurement: The RFI

World of Procurement blog

In the ever-evolving landscape of procurement, the ability to gather insightful information, understand market capabilities, and forge synergistic relationships with suppliers is paramount. This is where the Request for Information (RFI) emerges as a pivotal instrument for procurement professionals. At World of Procurement, we stand as your sage guide, unraveling the RFI’s utility and best practices to empower your procurement journey.

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The Critical Role of a Statement of Work in Procurement

World of Procurement blog

Within the professional milieu of procurement, the Statement of Work (SOW) is not just a document, but a foundational pillar for project success and accountability. Mastering the SOW is akin to a sculptor learning to chisel marble—without this skill, the end result may disappoint. Hence, we delve into the intricacies of the SOW, understanding that this instrument can be the linchpin in either fortifying or undermining your business outcomes.