April, 2024

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Collaboration Crossroads: Breaking Down Silos and Building Bridges

All Things Supply Chain

Collaboration within a company is one of the many keys to its overall success. But unfortunately, many studies suggest organizational silos stop effective collaborations from occurring within companies.

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U.K. Brexit Import Checks Delayed, Causing Confusion

Supply Chain Brain

Under the rules, medium- and high-risk products, which include meat and dairy products, as well as most plants, could be subject to checks at the borders for biosecurity.

Import 145
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Even with +1, China is still #1

Art of Procurement

China’s role in the global supply chain is changing right before our eyes, leaving foreign buyers to feel the discomfort. The post Even with +1, China is still #1 appeared first on Art of Procurement.

Buyers 133
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Amazon leapfrogs UPS, and 4 other takeaways from a top shipping index

Supply Chain Dive

Market conditions are leading to shifts in U.S. volume share, with some upstarts gaining ground, according to new parcel delivery data from Pitney Bowes.

Data 141
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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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UPS Out, Fedex In with USPS

Procurement Bulletin

Summer of High Oil Prices My local news station has been warning drivers of surging gas prices as Summer nears. Oil prices are near a five month high. This coincides with the current production cuts by OPEC at least until June. UPS In, Fedex Out with USPS The collaboration between the US Postal Service (USPS) and Fedex is coming to end after almost two decades.

Price 98
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ivoflow: Vendor Analysis —  Direct spend management solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of ivoflow and its solution for direct spend management. Global supply chains are under constant pressure because uncertain geopolitical factors, rising energy costs, highly volatile raw material markets and increasing international competition make global supply chains and procuring goods challenging and unpredictable.

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How AI Transforms Trade Classification and Compliance

Supply Chain Brain

The trading world is a perfect candidate for artificial intelligence-based tools and capabilities, to enhance the quality and productivity of classification and compliance.

Quality 138
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Overcoming Procurement’s Fear of AI

Art of Procurement

“I think we are headed for human-centered AI where we have the human at the core, and you are going. The post Overcoming Procurement’s Fear of AI appeared first on Art of Procurement.

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DHL will pay $8.7M to settle allegations it gave Black workers more dangerous assignments

Supply Chain Dive

While Black workers moved “large, heavy packages,” their White colleagues sorted letters, the U.S. Equal Employment Opportunity Commission alleged.

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Forbes: The Devil’s in the Details, Part 3

Arkestro

Here are a few strategies to help procurement leaders get their order cadence and tempo under control, be more prepared for disruption, and achieve cost savings.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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Top Performers Investing in, Benefitting from AI

SCMR (Supply Chain Management Review)

Top-performing supply chains are investing in AI/ML at twice the rate of lower-performing supply chains, and they are using those investments to drive business momentum, Gartner has found.

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How Analytics Improve the Efficiency of Supply Chain Management

All Things Supply Chain

Analytics is a powerful tool that supply chain experts find critical in the modern competitive market.

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Why Congestion Could Be on the Horizon for Port of L.A. Headed into Peak Months

Supply Chain Brain

A growing economy, drought conditions at the Panama Canal, and systems not designed to plan for trucking schedules could all spell trouble for the Port of LA in the months to come.

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5 Things Procurement Should Consider When Evaluating AI with Heather Murray

Art of Procurement

“2023 was the year of the ‘dabbler.’ We all heard about AI, and we were all playing around with ChatGPT. The post 5 Things Procurement Should Consider When Evaluating AI with Heather Murray appeared first on Art of Procurement.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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FedEx’s network poised for a shakeup after US Postal Service split

Supply Chain Dive

Daytime flight operations and pilot staffing are likely targets for reductions once the air transportation contract expires in September, experts say.

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4 ways generative AI addresses manufacturing challenges

IBM Supply Chain Blog

The manufacturing industry is in an unenviable position. Facing a constant onslaught of cost pressures, supply chain volatility and disruptive technologies like 3D printing and IoT. The industry must continually optimize process, improve efficiency, and improve overall equipment effectiveness. At the same time, there is this huge sustainability and energy transition wave.

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Recapping new product announcements from Docusign Momentum 2024

Spend Matters

On April 11, Docusign hosted the in-person session of Docusign Momentum, its annual conference, at The Glasshouse in New York. The event featured major announcements, including a new logo and branding, an AI-powered intelligent agreement review platform with function-specific applications and other new products, such as a centralized repository called Navigator and a no-code/drag-and-drop workflow tool called Maestro.

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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.

Logistics 223
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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

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. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Watch: A Symphony of Systems: The Rise of Warehouse Orchestration

Supply Chain Brain

Warehouse orchestration is the answer for facilities looking to integrate and efficiently manage a multitude of discrete systems, says Keith Moore, chief executive officer of Autoscheduler.ai.

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Playing the “China Card” in U.S. Ports

Art of Procurement

When I think about global trade, I think about massive container ships, trains and trucks waiting to take containers to. The post Playing the “China Card” in U.S. Ports appeared first on Art of Procurement.

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USPS delivery unit proposal sparks service, cost concerns for shipping partners

Supply Chain Dive

The agency is mulling changes to how shipping companies like DHL eCommerce and Pitney Bowes inject volume into its network, industry experts told Supply Chain Dive.

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When it comes to BI and AI, A should always follow B!

Procurement Insights

Earlier today, I attended a LinkedIn Event hosted by Evalueserve. I came across it by accident, but I am glad that I did. Titled “Revolutionize Your BI: Digital Transformation Stories from the Real World,” the panel included Whirlpool’s Gowri Namboodiri , Caterpillar ‘s Ben Newman, and Coyote Logistics ‘ Director, Supply Chain Engineering & Analytics Jay Zaleski.

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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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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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For the planet and people: IBM’s focus on AI ethics in sustainability

IBM Supply Chain Blog

AI can be a force for good, but it might also lead to environmental and sustainability concerns. IBM is dedicated to the responsible development and deployment of this technology, which can enable our clients to meet their sustainability goals. “AI is an unbelievable opportunity to address some of the world’s most pressing challenges in health care, manufacturing, climate change and more,” said Christina Shim, IBM’s global head of Sustainability Software and an AI Ethics

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Report: Tyson Foods Dumped 371M Pounds of Waste into U.S. Waters Over 5 Years

Supply Chain Brain

The toxic waste includes chemicals such as nitrogen, phosphorous, chloride, oil, and cyanide, released into rivers and lakes between 2018 and 2022 in 17 states.

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What is Supply Chain Management? A Guide to Success

SCMDOJO

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. Whether you’re a business owner, manager, or simply curious about the inner workings of the global economy, this article will provide you with a solid foundation.

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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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UPS wins US Postal Service air cargo contract, usurping FedEx

Supply Chain Dive

The delivery giant will ramp up its activity with the agency after a transition period, eventually moving the majority of its domestic air cargo.

Contract 136
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What do AI, a Model T, and a Bugatti have in common?

Procurement Insights

EDITOR’S NOTE: The following post was originally published on the Scoutbee Blog on April 15th, 2024. At first glance, you might think today’s question is somewhat whimsical, and perhaps it is a little. However, an undeniable, underlying connecting thread runs through the title. Regardless of each car’s year, model, and technology, they are only useful with an experienced driver.

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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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The future of application delivery starts with modernization

IBM Supply Chain Blog

IDC estimates that 750 million cloud native will be built by 2025. Where and how these applications are deployed will impact time to market and value realization. The reality is that application landscapes are complex, and they challenge enterprises to maintain and modernize existing infrastructure, while delivering new cloud-native features. Three in four executives reported disparate systems in their organizations and that a lack of skills, resources and common operational practices challenge

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro