Mon.Jul 31, 2023

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352: Simplify Freight By Rail, With Commtrex

Let's Talk Supply Chain

Today I’m joined by Commtrex, an award-winning brand that is on a mission to simplify freight by rail. Commtrex is a tech-enabled rail logistics provider with a team of experienced rail professionals, an extensive network of partners, and a best-in-class technology platform that simplifies the movement of freight and creates a competitive advantage.

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How to Develop an Effective Procurement Strategy

Procurement Freelancers

Are you prepared to enhance your game and master your procurement process? This article explains… The post How to Develop an Effective Procurement Strategy first appeared on Procurement Blog | Procurement & Supply Chain News.

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Supply Chain Attacks: One of The Biggest Cybersecurity Threats of 2023

Supply Chain Brain

Supply chain attacks are extensive, meticulously planned, and take advantage of the trust between business associates and third-party software providers.

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Warehouse automation expected to pick up after hitting ‘rock bottom’

Supply Chain Dive

E-commerce and warehouse construction activity are showing signs of recovery, which could lead to increased demand for automation tools, according to Interact Analysis.

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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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U.S. Automakers Turn to Domestic Sourcing for Innovative Battery Technology

Supply Chain Brain

The U.S. needs to get to a place where it's easier for factories and mines to source battery materials, says Gene Berdichevsky, the co-founder of Sila Nanotechnologies.

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Canada’s West Coast ports get new tentative deal after union rejection

Supply Chain Dive

ILWU Canada members voted to reject a tentative deal last week due to safety, wellbeing and work jurisdiction concerns. But by Sunday, stakeholders had found a new settlement.

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More Trending

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Market trends in procurement technology 2023

Spend Matters

Twice a year, the Spend Matters analyst team works to score vendors in a data-driven process called SolutionMap which assesses the technical capabilities of vendors using a rigorous RFI process. This article highlights the changes and trends that our scoring process and general market knowledge has brought to our attention. This content is for members only.

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Watch: The Coming 'Apocalypse' In Fulfillment Centers

Supply Chain Brain

The recent drop in demand for services has left many startups in fulfillment and logistics struggling to survive, says Aaron Alpeter, CEO and founder of IZBA.

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How Amazon reached its ‘fastest Prime speeds ever’ in Q2

Supply Chain Dive

A regional fulfillment model, machine learning and the use of same-day delivery facilities helped the company achieve that milestone, an executive said.

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Omnitracs Roadnet is the Proven Route to Fleet Efficiency

Supply Chain Brain

Omnitracs Roadnet Anywhere has proven to be an effective routing and scheduling solution that significantly cuts costs, increases productivity, and improves revenue.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

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.

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OnTrac plans delivery coverage expansion to Chicago area

Supply Chain Dive

The added reach is expected to go beyond the city itself and into the wider Midwest, its chief commercial officer told Supply Chain Dive.

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Analytics Help Insulate Against Volatility Five Ways

Supply Chain Brain

In the North American freight market, shippers are playing it cautious in both their procurement and their transportation planning. How should they allocate their freight between the spot market and contracts?

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Labor Department launches program to reduce warehouse injuries

Supply Chain Dive

Injury rates in storage and distribution facilities are higher than the national average, the department said.

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Sunak Defends U.K.'s Decision to Grant 100 North Sea Oil and Gas Licenses

Supply Chain Brain

Sunak said the decision to grant the licenses was the right thing to do, arguing that the choice aligns with the country’s net-zero emissions goals.

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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.

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3PL Revenues Fall From 2021 High, But Still Grew 24% In 2022

SCMR (Supply Chain Management Review)

Last year saw 3PL net revenue grow 24%, the fourth-best year on record according to data from Armstrong & Associates.

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ONE Announces Service Further Connecting North and South America

Supply Chain Brain

The service, which will be launched in September 2023, will connect South Florida to Honduras, Colombia, Peru and Ecuador.

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Yellow ceases operations, bankruptcy expected

Supply Chain Dive

The third-largest LTL carrier posted notifications to customers and employees at terminals Sunday.

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Test-Table

Supply Chain Brain

The latest supply-chain news, analysis, trends and tools for executives in the supply chain management industry.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Front Office vs. Back Office: Function Differences & Synergies

Pipefy

The terms “front office” and “back office” refer to distinct business processes within a company, based on the physical location where businesses have traditionally performed these functions. Front office functions, for example, refer to front-facing tasks or interactions, whereas back office functions had more with supporting work that occurred behind the scenes.

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Port Operators Agree to Tentative Labor Deal with Canadian Dockworkers

Supply Chain Brain

The two sides were able to reach a new deal with the help of the Canada Industrial Relations Board.

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A Guide for Mapping the Employee Journey and Experience

Pipefy

The U.S. Bureau of Labor Statistics (BLS) reports that six million Americans quit their jobs in April 2022, a trend now known collectively as the Great Resignation. This figure is an increase of 300,000 from the previous year, prompting a need for HR departments to stem this flood of departures. One obvious starting point? Reviewing their employee journey map.

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Choosing the Right Platform: Selling on Amazon VS Walmart.com

Finale Inventory

Marketplace seller using a tablet to receive inventory and review orders. Image by Freepik Written in partnership with SellCord. Amazon has long been recognized as the dominant force in the e-commerce industry, revolutionizing the way people shop online and setting new standards for customer convenience and satisfaction. However, in recent years, Walmart has rapidly emerged as a strong competitor to Amazon’s dominance, challenging its position and reshaping the e-commerce landscape.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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AMAZON: Is this the future of procurement?

Procurement Insights

I opened my inbox, and as I was sipping my second cup of coffee, I noted the following email (see image below): While waiting for the caffeine to kick in, three Procurement Insights posts from the past immediately came to mind. December 5th, 2007 – Microsoft Acquires SAP? (A Commentary) September 12th, 2014 – Is Amazon The New Oracle or How The Emergence of The B2C World Marks The Official End of The ERP Era April 19th, 2023 – The Road Not Taken: How The Mendocino Project May H

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The Implications of Technological Advancement in Procurement

Negotiations Ninja

Dr. Charlotte de Brabandt has been in procurement for almost 14 years and worked in five different industries, everything from automotive to tech. After nine years in automotive in the marketing procurement department for Porsche, she spent five years at Johnson & Johnson, specializing in MRO and energy procurement.

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Three Steps to Supplier Marketing

HICX

Supplier marketing can be defined as, “The process by which companies engage suppliers, build strong supplier relationships and create supplier value in order to capture value from suppliers in return.” With its focus on supplier engagement, many of the techniques are those that have been long practiced by customer marketing. Leading organizations that adopt and practice supplier marketing , understand that: They themselves cannot be successful if their suppliers are not successful By taking car

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Digital Supply Chain: Harnessing AI to Revolutionise Procurement – A Conversation with Arkestro’s Edmund Zagorin

Arkestro

The post Digital Supply Chain: Harnessing AI to Revolutionise Procurement – A Conversation with Arkestro’s Edmund Zagorin appeared first on Arkestro.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Banking on mainframe-led digital transformation for financial services

IBM Supply Chain Blog

We already covered how mainframe modernization isn’t just for the financial industry , so why not address the elephant in the room? The world’s biggest modernization challenges are concentrated in the banking industry. Before the internet and cloud computing , and before smartphones and mobile apps, banks were shuttling payments through massive electronic settlement gateways and operating mainframes as systems of record.

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Building an Agile and Resilient Food Industry Supply Chain at the 2023 FMI Supply Chain Forum

Supply Chain Brain

As the food industry emerges from post pandemic supply chain disruptions there is much work that needs to be done to restore supply chain equilibrium.

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CPO Rising 2023: Procurement’s Top Achievements in Last 25 Years (Part 1)

CPO Rising

Today, we feature our ongoing coverage of this year’s 18th-annual CPO-themed report, where my team and I continue our nearly two-decade-long dialogue with chief procurement officers (CPOs) and other procurement leaders.

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Demand and Supply: Connecting the Dots with AI

Supply Chain Brain

In this whitepaper, artificial intelligence (AI) company Peak takes a deep dive into all things demand forecasting, supply chain and the role of AI

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.