Sat.Nov 09, 2024 - Fri.Nov 15, 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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Harnessing Artificial Intelligence for Sustainable Supply Chains

Supply Chain Brain

Artificial intelligence is offering new and better ways of making supply chains more sustainable, by improving efficiency, enhancing decision-making, and increasing transparency in operations.

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The Power of Visualization in Freight Optimization and Resilience

Art of Procurement

Anyone who spends their day working with data will tell you that data alone is never enough. It needs to. The post The Power of Visualization in Freight Optimization and Resilience appeared first on Art of Procurement.

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Clorox prioritizes supplier decarbonization efforts

Supply Chain Dive

The cleaning product manufacturer is partnering with a carbon tracking service Manufacture 2030 to gain visibility into its vendors’ emission reduction plans.

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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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AI’s Role in Construction and the Supply Chain

All Things Supply Chain

AI technology continues to take the world by storm with its innovative tools and revolutionary systems. Industries around the globe are reaping the benefits, including the construction supply chain.

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Global Inventory Trends and Challenges Shaping SMBs

Supply Chain Brain

To gain deeper insights into inventory management within this crucial sector, Netstock recently conducted a comprehensive inventory benchmark study focused on SMBs. The report based on the study’s findings highlights five emerging trends that emphasize the urgent need for SMBs to develop more robust inventory management strategies.

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DHL Supply Chain experiments with GenAI

Supply Chain Dive

Dive Brief:• DHL Supply Chain is deploying a pair of artificial intelligence applications in partnership with consulting agency Boston Consulting …

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MIT MicroMasters Program In Supply Chain VS SCMDOJO

SCMDOJO

Supply chain management has grown tremendously in recent economic times. It has evolved dramatically and has significantly impacted various experts and their professional experiences. However, the question arises: Which platform can provide the best supply chain courses? There’s tough competition between the MIT MicroMasters Program in Supply Chain and SCMDOJO.

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AI and Retail Returns: Can Pixels Solve a Physical Problem?

Supply Chain Brain

Retail returns involve real products and logistics, and as much as artificial intelligence promises to streamline things, it needs one crucial component: physical data.

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‘Return on Relationships’ – the ROI of building supplier relationships and how to measure it

Spend Matters

The annual State of Flux global supplier relationship (SRM) management study made its appearance in London last week at the 2024 Supplier Management Summit in its 16th rendition, this time themed ‘Return on Relationships (RoR). The report once again delivers data-backed findings of the state of SRM across the globe and gives best practice models, guidance and suggestions stemming from those findings.

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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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Trump’s tariffs: How manufacturers can prepare

Supply Chain Dive

Frontloading commodity imports could be a temporary solution, but diversified sourcing will be critical long term, experts say.

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Boost Your Business with a Product Sourcing Agent

Procurement Freelancers

In today’s hyper-competitive market, businesses are under constant pressure to source high-quality items at the… The post Boost Your Business with a Product Sourcing Agent first appeared on Procurement Blog | Procurement & Supply Chain News.

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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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Vroozi: Vendor Analysis (Part 2) — Procure-to-Pay 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 Vroozi’s procure-to-pay (P2P) solution. We also look at the voice of the customer and the elements to consider when looking at Vroozi as a potential solution provider. Part 1 of the series provided a history and overview of the P2P solution. This content is for members only.

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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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Ulta bets big on market fulfillment center model

Supply Chain Dive

As part of its supply chain transformation, the beauty retailer is retrofitting some of its existing regional distribution centers with automation upgrades.

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Building Strong Supplier Relationships with Consultants

Procurement Freelancers

Every day, businesses waste precious time and money because they don’t know the best ways… The post Building Strong Supplier Relationships with Consultants first appeared on Procurement Blog | Procurement & Supply Chain News.

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Port of Long Beach Smashes All-Time Record with October Surge

Supply Chain Brain

Businesses are poised to continue bringing in larger volumes of goods through the end of the year, which is normally a quieter time for the ports.

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Risk management solution providers and what their customers really want – State of Flux

Spend Matters

As part of our Q4 research into supplier risk, third-party and supply-chain risk management (TPRM/SCRM) and the solutions that support it, we have not only conducted analyst- and market-led research in the shape of analyses, advisory, definitions and webinars. We have also taken the pulse of the practitioners who use that technology and who deal with risk on a daily basis (for example here and here ).

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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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ONE adds Jaxport to Asia-East Coast service

Supply Chain Dive

The weekly route will connect Jacksonville, Florida, with five ports in Asia, shipping retail products, electronics, food and beverages.

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What is procurement’s inconvenient truth and why we must finally face it

Procurement Insights

In yesterday’s post, How do you eat an elephant one bite at a time if you don’t know it is an elephant? community thought-leader Claude Egli wrote the following: “ Great point, Jon W. Hansen. A few things coming to my mind – neither about tools nor about AI 1. A healthy company has at least two organisations: (1) according to the org chart – the budget holders, (2-n) the grey matter; shadow organisations that keep the company going across functions. 2.

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What Supply Chain Managers Can Learn from Healthcare

Supply Chain Brain

The complexity of healthcare supply chains offers valuable lessons for other industries, particularly in risk management, compliance, and adaptability.

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GenAI and chatbots — The fallacy of ‘No UI is the new UI’ — Part 2

Spend Matters

As we explained in part 1, the “no UI is the new UI” concept is making a comeback because of the rise of generative AI (GenAI). GenAI has opened up new possibilities for providers to enhance their applications with new AI capabilities, one of which is chatbots. Chatbots are a way to move from graphical user interfaces (GUI) to conversational user interfaces (CUX).

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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.

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UNFI improperly discounts payments to suppliers, lawsuit claims

Supply Chain Dive

The grocery wholesaler delays paying food companies for their goods and factors in “prompt-payment discounts” when it pays invoices late, per a class action suit.

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Understanding the blame game with Pierre Mitchell

Procurement Insights

EDITOR’S NOTE: The following discussion was the result of the following question I posted to my community on LinkedIn: “How do you tell a prospective practitioner-client that no matter how great the tech is, their success is ultimately up to them?” PIERRE MITCHELL It’s funny, because it’s so easy to blame the tech or the consultants when organizations themselves are to blame for dozens of reasons: using up budget at year-end; following the herd with tech buzzword pr

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How to Drive Customer Experience Back Into Your Supply Chain

Supply Chain Brain

Customer experience, or CX, has become the focus of much corporate attention, but it’s still rare to see it directly related to supply chain operations in B2B commerce. It’s critical to keep the customer experience in mind throughout the lifecycle of a customer order transaction.

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Vroozi: Vendor Analysis (Part 1) — Procure-to-Pay solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Vroozi and its solution for procure-to-pay (P2P). The procure-to-pay space continues to evolve as organizations demand more efficient, automated solutions to manage procurement, invoicing and payment processes. As businesses prioritize streamlining operations and improving financial control, the need for comprehensive, cloud-based P2P platforms has grown.

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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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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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What Does “Team” Mean for Procurement in a FOW-Led World?

CPO Rising

What does the concept of “team” mean for procurement in today’s remote and hybrid enterprises? Many workplaces continue to operate with dispersed teams. With the criticality of teamwork to execute… The post What Does “Team” Mean for Procurement in a FOW-Led World? appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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How Warehouse Markings Can Enhance a Workplace

Supply Chain Brain

For warehouse management and operations to be effective, you need to look into how warehouse markings can enhance safety, drive efficiency, and keep you organized.

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GenAI and chatbots — The fallacy of ‘No UI is the new UI’ — Part 1

Spend Matters

The phrase “no UI is the new UI” is a popular concept in user experience design. It suggests that the best user interfaces are often invisible or unobtrusive. Instead of relying on traditional visual elements like buttons, menus and text fields, these interfaces anticipate user needs and perform actions automatically or through subtle cues, creating a more seamless and intuitive experience.

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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.