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Supply Chain & Logistics News Round-Up (December 30th 2024- January 2nd 2025)

Logistics Viewpoints

The DOE is still issuing large federal loans to startup companies, Novonix a synthetic graphite startup just received a $755 million loan to support its mission and reach its goal of producing 31,500 metric tonnes of synthetic graphite.

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The Role of AI in Sourcing and Procurement: Benefits, Use Cases, and Roadmap

ivalua

We’ve seen AI take over everyday tools and search engines; AI in Sourcing and Procurement is becoming a strategic tool in our kit, At Ivalua, we are helping global procurement teams integrate AI across the Source-to-Pay process, bringing automation, insight, and agility to every step. This is where AI can make a huge difference.

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Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success

SCMDOJO

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Done well, it can become a key driver of competitive advantage.

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Building the Business Case for Supply Chain Risk Management

GlobalTranz

That’s when it all gets extremely complicated, but one thing remains crystal clear: supply chain risk management is profoundly important for businesses to grow and expand. Without a doubt, managing supply chain is nothing but easy. The same could be said about natural disasters. These disruptions included the following.

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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Discover how Ivalua’s Supply Chain Collaboration solution empowers you to work more closely with suppliers, reduce risk, and build a more agile, connected supply chain. Procurement vs. Supply Chain Management: What’s the Difference?

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Beyond Cost Optimization: Building Resilient Supply Chains in an Unstable Trade Environment

Logistics Viewpoints

Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Leading organizations are building supply chains that are less exposed to single points of failure, more informed by real-time data, and more able to adjust sourcing, inventory, and routing based on current conditions.

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Taking the Uncertainty and Risk Out of Freight with Erika Voss

The Logistics of Logistics

RateView Analytics: DAT helps manage transportation costs with accurate market data, allowing shippers to set realistic budgets and adjust rates during volatile conditions. Network Analytics: Shippers gain granular visibility into capacity, helping them optimize sourcing and manage their transportation network more efficiently.