Wed.Nov 13, 2024

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The Challenge of Plastic Waste: A Global Crisis

All Things Supply Chain

For decades, plastic recycling has been riddled with complexities. Many plastic containers, especially those composed of multi-layered films, have traditionally been deemed unrecyclable.

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Optimizing the Supply Chain of Working Capital Turnover

Supply Chain Brain

By aligning loans with inventory turnover, reducing supply chain timelines, and carefully balancing inventory purchases, businesses can significantly cut costs and boost profitability.

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Retail freight still outpacing industrial for LTL carriers

Supply Chain Dive

A continued slump in manufacturing demand is shifting the traditional customer mix for companies like Old Dominion, Saia and XPO.

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Key takeaways from SolutionMap: Supplier risk, TPRM and SCRM

Spend Matters

In today’s fast-evolving business landscape, procurement and supply chain professionals are confronted with a staggering complexity of risk management (link to complexity piece) that requires a nuanced understanding of various dimensions of risk. The prevailing VUCA environment underscores this challenge — marked by volatility, uncertainty, complexity and ambiguity — which has become a defining characteristic of global markets.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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Pitney Bowes cuts 2,300 jobs in continued cost-savings push

Supply Chain Dive

The company is planning further workforce reductions that it aims to complete next year.

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'Positive Progress' on Talks Between ILA, USMX, But Issues Remain

Supply Chain Brain

The ILA and USMX have until January 15, 2025 to avert a second East and Gulf Coast strike, just days before the start of the next presidential administration.

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'Positive Progress' on Talks Between ILA, USMX, But Roadblocks Remain

Supply Chain Brain

The ILA and USMX have until January 15, 2025 to avert a second East and Gulf Coast strike, just days before the start of the next presidential administration.

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Rethinking Supply Chain Management

The Network Effect

The post Rethinking Supply Chain Management appeared first on The Network Effect.

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How a Human-Centric Approach Accelerates AI Adoption

Supply Chain Brain

Many organizations deploy AI systems without fostering trust or buy-in among their teams. They fail to take the employee’s view of “What’s in in for me?

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Boomer/GenX AI BattleBot Versus Millennials/Gen Z BattleBots

Procurement Insights

EDITOR’S NOTE: Given the continuing reliance on ChatGPT has an information source and trusted resource, I like to pose specific questions to this generative AI platform regarding procurement, supply, technology and solution providers. After giving ChatGPT its due, I then like to interject the human take on the same question – in this case mine.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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Maritime Coalition Pushes for Transition to Green Shipping Fuels

Supply Chain Brain

The coalition is hoping to have zero or near-zero emission technologies make up 5-10% of the maritime industry's fuel and energy sources by 2030.

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435: Leave Excel Behind, with Parabola

Let's Talk Supply Chain

  Today I’m joined by Parabola , an innovative software brand dedicated to creating solutions for the problems you’ve always wanted to solve. Parabola is the spreadsheet alternative where you combine the data running throughout your company and create automated processes. Pulling in data from any source, and building logic that replicates manual day-to-day work, Parabola helps businesses to transform data, and make workflows repeatable, shareable, and usable for the whole team.

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Amazon Takes Aim at Temu With Launch of Low-Price Online Store

Supply Chain Brain

The platform was first hinted at in June 2024, when CNBC reported that Amazon had announced the store to a private conference of Chinese sellers.

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Procurement News — November 13, 2024

CPO Rising

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with… The post Procurement News — November 13, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Boeing Strike Cutting Into 2025 Deliveries for Southwest Airlines

Supply Chain Brain

Southwest’s order book with Boeing had originally called for 86 aircraft deliveries in 2025, but the airline has since lowered that number to 73.

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Which categories of procuretech excite me, and which don't?

The Procuretech Podcast

In this episode of The Procurement Software Podcast, host James Meads explores most the exciting opportunities in procurement technology, focusing on three emerging categories: spend analytics, e-sourcing, and AI-driven co-pilots, each offering unique solutions to procurement’s evolving challenges. Tune in to learn how these innovative tools are reshaping the future of procurement, helping organisations stay competitive in an ever-evolving market.

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VW to Increase Investment in Rivian Partnership

Supply Chain Brain

The joint venture provides Rivian with cash, and VW with the ability to use Rivian's technology in its own range of vehicles.

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Decarbonising Procurement: Best practices for a green supply chain

Spotlight on Procurement

Mat Langley, Global Procurement Head, Sustainability at CBRE, discusses the pressing challenge of decarbonising supply chains, particularly the complexities around emissions, supplier engagement, and carbon accounting.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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Zoom in on Reputational Risk

Spend Matters

When we talk about reputational risk, we refer to damage to a company’s name or brand resulting from the negative actions (inadvertent or not) of a top-tier supplier or sub-tier part of the supply chain. A common trigger of reputational risk can be non-adherence to, or ignorance of, domestic or international standards, regulations or legislation pertaining to issues such as forced labor, bribery, human rights and transparent labeling of goods in the food industry.

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Pipefy: Digital Solution for Business Processes

Pipefy

In today’s dynamic and competitive business environment, digital transformation is not just a strategic advantage, but a necessity to stay relevant and effective. Companies are seeking ways to optimize their processes, integrate innovative technologies, and fully leverage their resources. In this context, Pipefy emerges as a powerful digital solution , capable of transforming how organizations manage and automate their business processes.