March, 2024

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The Impact of Electric Trucks in the European Supply Chain

All Things Supply Chain

Ever since the horse and cart was replaced by its motorised successor, the humble diesel truck has evolved each year to become an increasingly efficient machine, capable of carrying heavier…

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UPS plans to close around 200 US facilities, shift volume to automated hubs

Supply Chain Dive

The company is consolidating locations as part of its "Network of the Future" initiative, which aims to reduce its labor needs and save $3 billion by 2028.

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Treasure Hunting with TJX

Art of Procurement

The last few years have not been kind to retailers. Inventory misalignment has dragged down revenue and working capital. Companies. The post Treasure Hunting with TJX appeared first on Art of Procurement.

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Crisis Management 101: A Supply Chain Primer

SCMR (Supply Chain Management Review)

Many supply chains have developed plans to navigate through disruptions, but fewer have detailed crisis management plans to implement should the unthinkable happen.

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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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Why Container Lines Don’t Fear the Massive Supply of New Ships on Order

Supply Chain Brain

The world’s major ocean container lines can’t get enough of big new ships — never mind the threat of severe overcapacity and a resulting downward pressure on freight rates.

Supply 117
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AI and the practice of Procurement – Contracting and Legal

Spend Matters

Complementing our recent research into AI in procurement solution use cases and our wider theme around AI in general , Spend Matters has been undertaking a series of interviews with senior procurement practitioners to gauge the level of interest in, and infiltration of, AI and generative AI (GenAI) in the practical lives of the procurement organization today.

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4 best practices for the global supply chain of the future

Supply Chain Dive

Consulting experts, prioritizing data analytics and highlighting sustainability efforts can help ensure reliable operations in the face of global disruption.

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Katie Date on Bringing Women in Supply Chain Together

Let's Talk Supply Chain

Q2 is just around the corner. 2024 has brought a fresh sense of urgency to the global supply chain amidst growing regional wars and tensions, and calls from climate scientists have kept sustainability initiatives a top priority. Rising sea levels and major American metropolitans slowly sinking have climate scientists on high alert and raising the alarm for government and commercial organizations.

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PepsiCo’s Supply Chain Journey to ‘Always Everywhere’

SCMR (Supply Chain Management Review)

PepsiCo is known for its iconic food and beverage items, but it required partnering with other organizations to truly remake its supply chain on a journey to be “always everywhere” for its customers.

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Planning for Natural Disasters: A Growing Priority in Supply Chain Risk Management

Supply Chain Brain

When it comes to assessing supply chain risks, planners generally don’t place natural disasters at the top of the list. But with the growing number of extreme weather events, that could change in the coming years.

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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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Spend Matters releases the Spring 2024 SolutionMap Insider featuring 79 procurement technology solutions

Spend Matters

Today Spend Matters is delighted to announce the release of its Spring 2024 SolutionMap and TechMatch℠ procurement technology rankings, which include 79 procurement technology vendors. Known as the most data-centric functionality assessment of procurement technologies in the industry, SolutionMap Insider put these 79 procurement technology vendors through rigorous functionality and capability assessments via 500+ RFI requirements across 12 source-to-pay (S2P) categories, with mandatory demos and

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Beyond Visibility: Social Media’s Role in Reinventing Supply Chain Engagement

All Things Supply Chain

Ever peeked behind the curtain to see how your favorite products come to life? Social media’s doing exactly that, pulling back the veil on manufacturing like never before.

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3 warehouse real estate markets to watch in 2024

Supply Chain Dive

A recent wave of construction completions could help tenants secure more favorable deals at logistics hot spots near major ports and the U.S.-Mexico border.

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Port of Vancouver Handles Record Cargo Volume

Procurement Bulletin

Port of Vancouver Handles Record Cargo Volume The past year has been somewhat chaotic for the Port of Vancouver, with worker strikes and a slowdown in global shipping, the Port of Vancouver actually saw a 6% increase in cargo handling from the previous year. Fast-Fashion Behemoth, Shein, Wants to Be Your Supply Friend Shein, the bargain fast-fashion e-commerce provider that has taken the world by storm is planning to open up its supply network to small brands and designers.

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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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CPOs Pivot AI Focus from What’s Possible to Implementation

SCMR (Supply Chain Management Review)

More procurement leaders are trying to implement AI and automation into their operations, shifting gears from a what’s possible to a how-to-implement strategy.

Strategy 109
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The ‘No-Fail’ Mission to Protect the Red Sea Isn’t Working

Supply Chain Brain

For all the costly hardware the U.S. and its allies have thrown at Houthi rebels, they haven’t been able to stop the attacks on freighters and warships in the Red Sea.

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Halo Ai: Vendor Analysis — Third-party risk management solution overview, roadmap,, competitors, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Halo Ai and its solution for third party risk management. Third-party risk management (TPRM) is often an afterthought for organizations or a measure only taken after a risk event occurs. However, third party risk management should be implemented in every procurement department, as regulations and the uncertainties of the post-pandemic era are making these issues around compliance, data security, supply chain resilience and business conti

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The Red Sea Dilemma for Shippers: Extended Transit, Rising Costs and Increased CO2 Emissions

All Things Supply Chain

Amidst escalating attacks and a seemingly unending crisis, the Red Sea predicament is poised to disrupt trade volumes significantly and pose formidable challenges to shippers’ operational strategies at least in…

Strategy 246
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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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Supply chain, manufacturing and procurement ‘a very big focus’ for cost-cutting CFOs

Supply Chain Dive

Executives' 2024 priorities make sense given geopolitical tensions and the rising costs of raw materials and other inputs, said Boston Consulting Group's Paul Goydan.

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Lead Scoring: Definition, How To Score, and Lead Scoring Models

The Thomas Blog

Lead scoring is a strategy used to rank prospects according to their potential to become customers. It involves assigning numerical scores to each lead based on various attributes, including: demographic information, engagement with the brand's digital presence, and other behaviors indicative of their interest. This system helps sales and marketing teams prioritize leads, tailor their outreach strategies, and ultimately, improve conversion rates.

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Finding the Right Approach for Supply Chain Education

SCMR (Supply Chain Management Review)

The COVID pandemic accelerated the adoption of online supply chain education. Today, organizations and employees have their choice of online, in-person or hybrid learning environments, but there is no one-size-fits-all approach.

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Finally, the Logistics Industry Embraces Modernity

Supply Chain Brain

Industry consolidation will continue this year as a proving ground for companies’ tech. Two thousand twenty-four will be the year our industry begins to realize the promises of modernity.

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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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VORTAL: Vendor Analysis — e-Sourcing and e-Procurement solution overview, roadmap, customer feedback, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of VORTAL and its source-to-pay (S2P) solution. Procurement organizations increasingly demand efficient and streamlined processes. Traditional procurement processes can be complex, time-consuming and manual, leading to inefficiencies, a lack of transparency and increased risk. To overcome these challenges organizations often look for a technology solution that offers automation, centralized data management and streamlined workflows.

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Hyperscale vs. colocation: Go big or go rent?

IBM Supply Chain Blog

Here’s the situation: You’re the CIO or similarly empowered representative of an organization. Different voices within your business are calling attention to the awesome scalability and power of hyperscale computing, which you’ve also noticed with increasing interest. Now the word comes down from on high that you’ve been tasked with designing and implementing your company’s hyperscale computing solution—whatever that should be.

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FedEx charges ahead with Network 2.0, rolling out to dozens more locations in 2024

Supply Chain Dive

The plan to integrate its separate Express and Ground delivery networks will help close a key gap with UPS, one executive said.

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Unveiling the Crucial Roles and Responsibilities of a Purchasing Agent

Procurement Freelancers

In the intricate web of business operations, the role of a purchasing agent stands as… The post Unveiling the Crucial Roles and Responsibilities of a Purchasing Agent first appeared on Procurement Blog | Procurement & Supply Chain News.

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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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The Dawn of AI in Procurement: Unleashing a New Era of Efficiency and Insight

SCMR (Supply Chain Management Review)

The promise of faster transactions, lower costs, and widespread executive buy-in are driving AI-powered procurement to deliver new efficiencies and insights.

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Same-Day Delivery: Pricey, But Worth It

Supply Chain Brain

Including same-day delivery options is good for business, bringing long-term, strategic benefits that should counter the typical six-figure cost of setting it up.

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Autogmentation Part 5: A detailed examination of GenAI features in procurement tech

Spend Matters

Procurement has not been immune to the latest evolution in technology. While initial automations initially increased process velocity by taking over more tactical, repetitive tasks, they gradually evolved to cover more complex ones. At first, these only required more analytical activities to augment human workers, but they eventually evolved from predictive and prescriptive analytics towards more embedded and autonomous analytics that directly help execute the workflows.

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Pain Ahead for Chocolate-Lovers

Procurement Bulletin

Pain Ahead for Chocolate-Lovers We mentioned this just a couple of weeks ago, but cocoa futures has reached new highs this past week. The shortages in cocoa supply are mainly due to climate and weather events which can severely affect commodity prices such as cocoa. Baltimore Bridge Collapse In an absolutely tragic accident, a Sri Lankan-bound container ship lost power and rammed into the Fraser Scott Key bridge in Baltimore, almost collapsing the entire bridge.

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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