Sat.Sep 07, 2024 - Fri.Sep 13, 2024

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Advancements & Adjustments in the GE Appliances Supply Chain

Art of Procurement

GE Appliances is a subsidiary of Haier Smart Home, a Shanghai-based company that purchased them from GE in 2016. Until. The post Advancements & Adjustments in the GE Appliances Supply Chain appeared first on Art of Procurement.

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USPS ending delivery unit discounts for shipping partners

Supply Chain Dive

The agency has reached several new agreements with consolidators that align with its long-term transformation plan, despite concerns of service impacts.

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Supply Chains Are Buckling Down for a Record Storm Season and Other Disruptions

Supply Chain Brain

Despite a temporary lull, this hurricane season is shaping up to be one of the worst on record, as storm after storm pummels large swaths of the country.

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No Technology for YOU

Procurement Bulletin

No Technology for YOU As countries keep slapping new tariffs (e.g. semiconductor chips), the U.S. has announced new tariffs on exports of advanced technology such quantum computers. While not the only country to not want to share with others, other countries such as the UK and Netherlands also have similar technology tariffs in place. Canada Sets Stricter Import Requirements from Europe According to Transport Canada, there has been a rash of suspicious cargo originating from Europe that carried

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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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Calculating the Cost of Convenience in Facilities Management

Art of Procurement

“Everyone has an opinion about facility services in your buildings, so you’re always trying to accommodate multiple stakeholders and juggle. The post Calculating the Cost of Convenience in Facilities Management appeared first on Art of Procurement.

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Ocean carriers form ‘Premier Alliance’

Supply Chain Dive

In an evolution of THE Alliance, Ocean Network Express, Hyundai Merchant Marine and Yang Ming Marine will cooperate on trade lanes starting in 2025.

More Trending

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Invite AI to the Table for your next IBP Meeting

Supply Chain Trend

In his book Co-Intelligence , Ethan Mollick suggests firstly to invite AI to the table in everything you do. And secondly to make sure to be the human the loop that works with AI. Working with AI/GenAI is a skill that can be developed. Prompting GenAI certainly takes practice and Mollick provides some interesting and well thought through prompt examples.

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Powerful Contract Negotiation Tips for Procurement Pros

Procurement Freelancers

Securing the best deal while maintaining strong supplier relationships is one of the tasks of… The post Powerful Contract Negotiation Tips for Procurement Pros first appeared on Procurement Blog | Procurement & Supply Chain News.

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US Postal Service’s transportation shakeup: What shippers should know

Supply Chain Dive

The agency's proposal would add an extra day in transit for some volume at post offices far away from its major processing plants.

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Supply Chain and Logistics Management Aren’t Ready for AI. They Need to Be.

Supply Chain Brain

Today, with the emergence of artificial intelligence, our predictive capabilities are transforming before our eyes, generating forward-thinking insights into the supply chain as never before.

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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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Turning Clicks into Cash: Insights from Robert Brandl

Procurement Express

In today’s digital landscape, affiliate marketing has emerged as a powerful avenue for businesses seeking to boost their revenue. With the right strategies and insights, affiliate marketers can turn clicks into significant cash flow. Robert Brandl, a prominent super affiliate and founder of Email Tool Tester, shares his journey and expertise in this dynamic field.

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CPO Rising Listicle: 8 Reasons Why a CPO Needs a Strong Strategic Sourcing Operation

CPO Rising

Fridays (in 2024) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help… The post CPO Rising Listicle: 8 Reasons Why a CPO Needs a Strong Strategic Sourcing Operation appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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De minimis: Helping or hurting U.S. manufacturers?

Supply Chain Dive

While groups like the National Association of Manufacturers claim the exemption benefits domestic production, others say it erodes the U.S. industry’s competitive edge and forces factory closures.

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Securing Tomorrow’s Supply Chain Today: Three Considerations For Strategic Carrier Partnerships

Supply Chain Brain

Investing in strategic carrier relationships now will yield long-term benefits when the market tightens, and carriers face capacity constraints

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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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Procurement 6 – September 13th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – September 13th, 2024 appeared first on Art of Procurement.

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Navigating Supply Chain Attacks: A Cyber Security Guide for Procurement

NLPA (Next Level Purchasing Association)

With AI’s lightning-speed evolution, supply chain attacks are expected to become even more sophisticated and harder to detect, putting procurement and logistics professionals on high alert. These attacks will target vulnerabilities within supplier networks, compromising software, hardware, and third-party vendors. Understanding and mitigating these risks are essential to maintaining the integrity and resilience of supply chains.

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UPS, FedEx fuel surcharge hikes persist

Supply Chain Dive

The carriers both made adjustments to the fees in recent weeks, but a soft demand environment is giving shippers room to negotiate.

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China Asks Its Carmakers to Keep Key EV Technology at Home

Supply Chain Brain

China’s directive comes at a time most major Chinese carmakers are looking to localize manufacturing so as to avoid tariffs on Chinese-made EVs.

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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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Is AI Washing A Real Thing?

Procurement Insights

What is AI Washing? (Bandwagon Jumpers) – click here or the image below to watch a short video. Okay, Bob Mango , here is a link to my most recent LinkedIn post that very much aligns with what you are saying – [link] I turned 65 this year, and after over 40 years in high-tech and procurement, I can say with great certainty that Hype Cycles like Gartner’s do more harm than good.

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Perspective on Generative Artificial Intelligence (AI) in Procurement:

Jaggaer

Let Tech Take Care of the Tech, Let Humans Take Care of the Human Rapid technological evolution can be intimidating, even for the most tech-forward companies. With the acceleration of Artificial Intelligence and its role in our world and how procurement functions, it’s easy to become overwhelmed by both the possibilities and the risks. But the only way out of fear is through it, and when you get to know the tech, generative AI will transform procurement processes and create highly inspired procu

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Maple syrup production to ‘bounce back’ after devastating season

Supply Chain Dive

After the world's only strategic maple reserve dwindled to a 16-year low, the industry is rebuilding in the face of continued climate challenges.

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Germany's Largest Industrial Union Starts Negotiations on New Labor Deal

Supply Chain Brain

The union is pushing for a 7% wage increase over a 12-month period, as well as an additional €170 ($188) per month for new trainees.

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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

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Procurement didn’t start the fire, Gartner did?

Procurement Insights

Ryan Backman Senior Account Executive @ Gartner | Problem Solver | Quote EnthusiastSenior Account Executive Book an appointment • 12 hours ago Gartner predicts that by 2027, 60% of organizations will fail to realize the expected value of their AI use cases due to incohesive ethical governance frameworks. Learn how proactive CDAOs are prioritizing AI-ready data governance.

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Procurement News — September 11, 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 — September 11, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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MSC, Zim agree to collaborate on transpacific lanes

Supply Chain Dive

The shipping lines’ deal to swap slots and share vessels will start in 2025 and last for three years.

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How Robotic Process Automation Helps Reduce Business Costs

Supply Chain Brain

The fact that employees spend many paid work hours on clerical tasks doesn’t help a company's bottom line.

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The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.

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Would you invest your life savings into a venture in which there was an 80% chance you would lose all your money?

Procurement Insights

Here is a thought-provoking, in some ways mind-bending discussion regarding the following excerpt from a terrific post by Jason Busch – “Earlier this afternoon, Paylocity announced it was acquiring Airbase for $325MM (TechCrunch suggests the deal valued the company at closer to $400MM based on cash on the balance sheet).” You must read through the entire raw and unedited discussion stream because within its dialogue is the explanation regarding what will happen in 2025, e.g., t

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JAGGAER 2023 ESG Impact Report Highlights External Validation, Progress on Emissions Reduction and Employee Engagement

Jaggaer

Emissions targets & progress verified by the Science Based Target initiative (“SBTi”) Research Triangle, NC, DATE, 2024: JAGGAER, a global leader in enterprise procurement and supplier collaboration, today released its third Environmental, Social and Corporate Governance (ESG) Impact Report for 2023. JAGGAER helps its customers to manage and automate complex processes while enabling their highly resilient, accountable, and integrated supplier base.

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Patagonia to source alternative packaging materials

Supply Chain Dive

The retailer is collaborating with environmental nonprofit Canopy to develop paper products using agricultural waste and non-forest fibers.

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U.K. Imposes Fresh Sanctions on Russia Shadow Fleet Ships

Supply Chain Brain

The ships targeted are all described as “high-volume offenders” — vessels operating around the clock to transport as much Russian oil as possible.

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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