August, 2024

article thumbnail

Fishing for Truth in the Seafood Supply Chain

Art of Procurement

Oceana is a marine conservation nonprofit that has focused on seafood mislabeling for years, or “fish fraud” as it is. The post Fishing for Truth in the Seafood Supply Chain appeared first on Art of Procurement.

article thumbnail

Twin Strikes at U.S. Ports, Canada Railways Would 'Create Chaos in North America'

Supply Chain Brain

Ahead of looming deadlines, it's unclear whether either situation will resolve in time to avert these twin crises, or how long any potential work stoppages might last.

137
137
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

USPS sees steep drop in expedited shipping demand

Supply Chain Dive

The agency's Priority Mail Services volume dropped by 40.7% for the quarter that ended June 30 as shippers moved to more cost-effective options.

Demand 145
article thumbnail

IntelAgree: Vendor Analysis — Contract lifecycle management solution overview, roadmap, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of IntelAgree and its contract lifecycle management (CLM) solution. The provider offers end-to-end CLM capabilities and increasingly arises in conversations with practitioners at mid-market firms or large enterprises that are considering a CLM solution. IntelAgree focuses on using AI (including generative AI) to address contract management pain points.

Contract 110
article thumbnail

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.

article thumbnail

The Evolution of Warehousing: From Storage to Strategic Asset

SCMDOJO

The evolution of warehousing has been a fascinating journey, mirroring the broader transformation of supply chains. Warehousing has undergone a dramatic transformation, evolving from a simple storage function to a critical strategic asset within the modern supply chain. From simple storage facilities to strategic hubs of efficiency and innovation, warehouses have played a pivotal role in shaping the modern business landscape.

article thumbnail

Leveraging Supply Chain Disruptions to Accelerate Digital Transformation

Arkestro

"Never waste a good crisis" is a phrase worth pondering in the realm of digital transformations for supply chains. Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change. Amid these challenges, there lies an opportunity: supply chain crises can catalyze buy-in and funding for much-needed transformation initiatives.

More Trending

article thumbnail

Unlocking Cost Savings with Foreign-Trade Zones

Supply Chain Brain

The concept behind Foreign-Trade Zones (FTZs) is not hard to grasp — they act as secured places for receiving cargo into the U.S. without incurring tariffs, yet. Then, there are multiple ways those tariffs can be reduced. And yet, many companies are failing to make the most of FTZs to reduce costs, because they’re intimidated by the legal and organizational hurdles.

132
132
article thumbnail

Canada rail strike, lockouts slated to start Thursday

Supply Chain Dive

The Teamsters delivered a strike notice over the weekend, while Canadian National and Canadian Pacific Kansas City said they would lock out employees.

139
139
article thumbnail

Leveraging supply chain disruptions to accelerate digital transformation

Spend Matters

This content does not express the views or opinions of Spend Matters. “Never waste a good crisis” is a phrase worth pondering in the realm of digital transformation for supply chains. Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change.

article thumbnail

The Role of Email Hosting in Modernizing Retail Supply Chain Communication

SCMDOJO

Effective communication is paramount for success. Retail supply chains are complex networks that require seamless coordination among various stakeholders, including suppliers, manufacturers, and logistics providers. Email hosting has emerged as a pivotal tool in modernizing these communication channels, enabling real-time collaboration and data sharing.

article thumbnail

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.

article thumbnail

Navigating Uncertain Waters: What Acquisitions Like Jaggaer Being Acquired By Vista Equity Partners Means for the Procurement World

Procurement Insights

EDITOR’S NOTE: 75% of all solution providers will be gone by the end of 2025. Based on the above post, I was asked to provide a high-level overview of my take on the pending AI Bubble Burst and identify three companies I thought would emerge relatively unscathed and whole. As I am not generally a fan of the M&A game—or, as I call it, market share grabs to boost portfolios with replaceable parts, e.g., solution providers—I could not ignore the timing of the Jaggaer acquisition.

article thumbnail

The (Lost) Art of Accepting Criticism

Art of Procurement

I’ve had a number of conversations recently about my content, not the content itself, but the process I go through. The post The (Lost) Art of Accepting Criticism appeared first on Art of Procurement.

article thumbnail

Embrace Uncertainty and Complexity with Decision Intelligence

Supply Chain Brain

With the rise of AI-driven approaches like decision intelligence, companies can invest in the necessary tools not only to keep up, but to thrive in an increasingly complex economy.

115
115
article thumbnail

Albertsons and Instacart expand e-commerce partnership

Supply Chain Dive

The companies are rolling out nationwide pickup and delivery in as little as 30 minutes for the grocer’s banners and offering same-day delivery for Haggen Food & Pharmacy in Washington.

125
125
article thumbnail

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

article thumbnail

Intake and Orchestration – It’s a combination of people and tech

Spend Matters

Intake management and orchestration solutions are the newest procurement tools on the market. Some vendors offer both intake and orchestration, as they are both heavily rooted in automated workflows, while others specialize in one. As described by our analysts : Intake management is not just about the actual request itself but ensuring that the request flows smoothly along its workflows, from department to department and (when applicable) technology to technology.

e2e 105
article thumbnail

Top Reasons to Choose GEP Solutions for Procurement Needs

Procurement Freelancers

The success of an organisation depends on its ability to implement effective procurement procedures in… The post Top Reasons to Choose GEP Solutions for Procurement Needs first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

Enhancing Logistical Efficiency: Strategies for Improvement

SCMDOJO

The freight industry operates within a complex network characterized by numerous inefficiencies. To optimize operations, reduce costs, and minimize environmental impact, a multifaceted approach is required. This article explores key strategies for enhancing logistical efficiency and thus improving profitability and reducing cost. Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities l

article thumbnail

Will FedEx Freight hit the open road?

Art of Procurement

When you read news that a company is thinking about spinning off a division, it is usually because that division. The post Will FedEx Freight hit the open road? appeared first on Art of Procurement.

article thumbnail

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.

article thumbnail

Watch: Are Americans Ready for Autonomous Grocery Delivery?

Supply Chain Brain

Jeremy Michalek, professor of engineering and public policy at Carnegie Mellon University, reveals the results of a survey that tracked consumer sentiment toward various grocery delivery methods, including the use of autonomous vehicles and equipment.

116
116
article thumbnail

Pitney Bowes’ e-commerce logistics unit shutting down

Supply Chain Dive

The company will assist Global Ecommerce shippers in transitioning to alternative delivery options, interim CEO Lance Rosenzweig said Thursday.

Logistics 138
article thumbnail

Ivalua: Vendor Analysis (Part 2) — S2C solution product-level strengths and opportunities, voice of the customer, competitors and market analysis, user considerations, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Ivalua’s S2C solution. We will also look at the voice of the customer and the elements to consider when looking at Ivalua as a potential solution provider. Part 1 of the series provided a history and overview of Ivalua’s S2C solution as well as the solution’s roadmap/vision.

article thumbnail

How Procurement Consultants Enhance Business Success

Procurement Freelancers

Emerging businesses are always under pressure to streamline their processes, save expenses, and maintain a… The post How Procurement Consultants Enhance Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

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.

article thumbnail

Walmart to help sellers fulfill orders from third-party e-commerce sites

Supply Chain Dive

The Multichannel Solutions program deepens the retailer’s competition with Amazon, but there are some limitations to the service as it prepares to launch.

121
121
article thumbnail

Will Anti-Greenwashing Laws Lead to More Responsible Business Practices — or ‘Greenhushing’?

Supply Chain Brain

A new Canadian law aims to stop businesses from making false or empty statements about their supposed commitment to environmental responsibility — the practice known as greenwashing.

114
114
article thumbnail

Canadian National, CPKC to resume operations, end lockout

Supply Chain Dive

The railroads will now work toward deals with the Teamsters Canada Rail Conference under a government-imposed binding arbitration process.

131
131
article thumbnail

‘No possibility’ trucking can fill gap of Canada rail disruption

Supply Chain Dive

The British Columbia Trucking Association’s CEO says a shutdown of Canadian railroad networks will lead to a dearth in trucking activity.

article thumbnail

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

article thumbnail

Attempting Digital Transformation? Try Embracing Team Resistance

Supply Chain Brain

A survey from Gartner found that effectively responding to team resistance and incorporating feedback increased the odds of transformation success by 62%.

122
122
article thumbnail

How Tech Innovation Is Modernizing Product Repairs in the Supply Chain

Supply Chain Brain

As manufacturers strive to maintain high standards of quality and service, the intricacies of handling repairs can become a bottleneck, leading to delays, increased costs and customer dissatisfaction.

article thumbnail

Tapping the Power of Integrated Business Planning

Supply Chain Brain

In recent years, integrated business planning (IBP) has been gaining traction among companies looking to improve their supply chain strategy. But what exactly is integrated business planning and how can companies adopt it quickly and successfully without causing undue disruption to the daily operations of the business?

article thumbnail

Using AI to Close the Manufacturing Skills Gap: A Reality Check

Supply Chain Brain

Many manufacturers are actively increasing investments in software designed theoretically to enhance productivity, work management and collaboration. Yet manual work is on the rise.

article thumbnail

The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.