Trending Articles

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Uyghur Forced Labor Prevention Act: Progress or Setback?

Art of Procurement

The Uyghur Forced Labor Prevention Act, or UFLPA, was passed to protect an ethnically Turkish, predominantly Muslim minority living in. The post Uyghur Forced Labor Prevention Act: Progress or Setback? appeared first on Art of Procurement.

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Transform Your Supply Chain: The SCMDOJO Training Track

SCMDOJO

The global economy runs on efficient supply chains. But with ever-increasing complexity, skilled professionals are more in demand than ever. The SCMDOJO Supply Chain Track offers a comprehensive supply chain training program to equip you with the knowledge and skills to excel in this dynamic field. It’s your one-stop shop for a complete supply chain management pathway.

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East and Gulf Coast port labor talks stall over automation concerns

Supply Chain Dive

The International Longshoremen's Association canceled a planned meeting with the United States Maritime Alliance, citing a local dispute on automated truck gates.

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Embracing the Power of AI and Automation for the Logistics Workforce

Supply Chain Brain

The integration of artificial intelligence and automation has become a foundational investment for businesses operating in the increasingly volatile world of supply chain and logistics.

Logistics 102
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How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. GEP’s sourcing expertise and market intelligence enabled the company to centralize sourcing and order management processes, strengthen key supplier relationships, and enhance supply chain resilience and agility.

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Adapting to Automation: Reskilling the Supply Chain Workforce for Tomorrow

All Things Supply Chain

Automation is on the rise in industries around the globe.

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What are “moonshine” performance evaluations?

Procurement Insights

EDITOR’S NOTE: Today’s post is inspired by a LinkedIn post by Vineet Khanna , the Former Global Head of Supply Chain at Nestlé. After reading my brief post, go directly to Vineet’s and comment. I grew up in an era when changing jobs more than once in your entire career was considered irresponsible. It was the unwritten “cradle to grave” employment rule.

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Watch: P2G or G2P Robotics? The Great Debate in Warehouse Automation

Supply Chain Brain

Regardless of the size or age of a warehouse, person-to-goods (P2G) robotics is better for warehouse functionality than goods-to-person (G2P), says Kait Peterson, senior director of product marketing at Locus Robotics.

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The “New” Coupa: A post-acquisition assessment from Coupa Inspire 2024

Spend Matters

In December 2022, Thoma Bravo acquired Coupa, ending the firm’s publicly funded journey. We predicted at the time that “Thoma Bravo will not change the fact that Coupa delivers top-tier functionality and customer satisfaction for most S2P modular areas, as consistently documented by our SolutionMap benchmark.” This remains true 18 months later, but it is also true that Coupa has since acquired a new CEO, many new executive team members and is changing its messaging around what it offers.

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Nudge Theory Applications in Procurement

The Good Spending

Nudge Theory Nudge theory , developed by Richard Thaler and Cass Sunstein, subtly guides individuals towards better decisions without restricting their choices. It leverages behavioral science to predict behavior by altering the environment or context in which decisions are made. It logically derives from the Prospect Theory we discussed earlier. Nudges are small interventions or environmental changes that steer people towards desired behaviors without restricting their freedom of choice.

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Finally, A Solution Provider Gets the Big Picture, And It Isn’t AI

Procurement Insights

EDITOR’S NOTE: I sent the following business case overview over the weekend to select solution providers. The first response from Mintec is below. Which of the five priority areas can your organization and solution help Target with? I highlighted the areas where you could provide an immediate benefit. Retail Chain industry prospects (Target): Target, a barometer of the American consumer, said its sales last year fell for the first time since 2016.

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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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Chip suppliers feel the crunch as automakers reassess EV plans

Supply Chain Dive

Slowing electric vehicle sales in recent months have dampened semiconductor orders and left inventory backlogs growing.

Suppliers 115
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Global Trade Is on the Rebound. Are Suppliers Getting the Benefit?

Supply Chain Brain

A “rebound” in global trade is underway, and the U.S. and China are the big beneficiaries, according to a new report. For suppliers, however, the news isn’t all good.

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Fast Track Your Logistics Career: Expert Training with SCMDOJO

SCMDOJO

Are you ready to excel in logistics management? The SCMDOJO Logistics Management Track is your ultimate logistics training pathway. It’s designed to equip you with the skills and knowledge needed to thrive in the logistics industry. Let’s explore why our logistics training is unique, what’s included in our logistics pathway, and how you can get started today.

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The Best Inventory Management Solutions for Ecom Sellers

Finale Inventory

In the fast-paced world of ecommerce, inventory management plays a crucial role in the success of ecommerce sellers. Efficiently managing your inventory can save you time, money, and the headache of stockouts or overstocks. As an ecommerce seller, you need a reliable inventory management solution to help you stay organized, streamline your operations, and grow your business.

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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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Solution Providers – Stop Telling & Selling and Start Asking & Solving!

Procurement Insights

Almost every call I have ever received from a solution provider begins with how their solution works and solves a set of problems via a features, functions, and benefits outline. In short, here is the problem we solve for the practitioner, and we want to push that message to get appointments or demos to tell them how great we are. By the way, check out the impressive list of client logos on our “come on in the water is great” brag page.

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FedEx layoffs: Cost cuts target up to 2,000 Europe jobs

Supply Chain Dive

The company aims to slash back-office and commercial roles and consolidate certain activities in the region.

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A Circular Economy

Supply Chain Brain

Our guest will discuss the latest regulation updates on circular economy, and how these changes are shaping decisions on how brands are trying to achieve their environmental targets. through visibility and real time data for decision making.

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The Power of Empathy: Building Deeper Connections with Persuasion Training

Negotiations Ninja

Have you ever wondered how some people effortlessly influence others while some struggle to get their points across? The key often lies in a subtle yet powerful skill: empathy.

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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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Procurement 6 – June 14th, 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 – June 14th, 2024 appeared first on Art of Procurement.

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What’s up with eSignature apps in 2024

Procurement Insights

Zycus has been a client of mine since 2009. I have worked with them on many projects, including writing eBooks, moderating webinars, and hosting live panels. One of the reasons I like Zycus is that they made a decision to buy back the company from Venture Capitalists to ensure that their focus remained on serving their clients versus cashing out. Over the years, I have seen that deliver customer value on a consistent (and growing) basis.

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Rockwell Automation taps Nvidia to bring AI to its bots

Supply Chain Dive

The automation company will use the chipmaker’s software in its Otto autonomous mobile robots meant for manufacturing facilities.

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Port of Baltimore Ramps Back Up as Channel is Restored to Full Capacity

Supply Chain Brain

Dwell times at the port have since stabilized across the board, having returned to their pre-closure levels with full capacity now restored to the port.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Procurement Evolution: From Industry to Consultancy with James Ball – Episode 96

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary In this episode, Martin Smith interviews James Ball, Associate Director at Infosys Portland. James discusses the differences between working in industry and working in consultancy in the procurement field. James shares his insights based on his 25 years of experience in procurement, with … Continued The post Procurement Evolution: From Industry to Consultancy with James Ball – Episode 96 appeared first on Talent Driv

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Mastering budget control in the age of AI: Leveraging on-premises and cloud XaaS for success 

IBM Supply Chain Blog

As organizations strive to harness the power of AI while controlling costs, leveraging anything as a service (XaaS) models emerges as a strategic approach. In this blog, we’ll explore how businesses can use both on-premises and cloud XaaS to control budgets in the age of AI, driving financial sustainability without compromising on technological advancement.

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Coca-Cola’s Real Features, Functions, and Benefits Concerns

Procurement Insights

How about a solutions map of practitioners? In yesterday’s post , Finally, A Solution Provider Gets the Big Picture, And It Isn’t AI, I talked about sending Target’s “ business case overview over the weekend to select solution providers. ” The business case to which I am referring is the top five “business” challenges the retailer faces in 2024.

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Insource or outsource fulfillment? Companies weigh cost vs. control

Supply Chain Dive

Business size, growth trajectory, distribution costs and customer service needs are among the top factors to consider, experts say.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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Peak Shipping Season Arrives Early at U.S. Ports

Supply Chain Brain

The National Retail Federation projects more than 2.1 million TEUs in imports to the U.S. in each of June, June and August.

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2024 Business Process Automation Trends 

Pipefy

The need for process automation has never been more urgent. Gartner predicts that the market for business process automation tools will increase by 38% in the next three years, up from $2.6B in 2022 to $3.6B in 2027. More business teams than ever rely on automation to reduce errors and improve efficiency, and the varieties and types of workflows they’re automating continue to diversify.

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Assessing the Sustainability of Your Supply Base – Part 2 In-Person Assessment

Positive Purchasing

Jonathan O’Brien, CEO of Positive Purchasing, author, and global procurement thought leader, outlines his effective approach to assessing the current levels of sustainability within your supply base, then prioritizing where and how to focus your resources to make the greatest and most cost effective positive impact. Having looked at using remote assessments in Part 1, Jonathan now examines how to get up close and personal in Part 2.

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5 SLA metrics you should be monitoring

IBM Supply Chain Blog

In business and beyond, communication is king. Successful service level agreements (SLAs) operate on this principle, laying the foundation for successful provider-customer relationships. A service level agreement (SLA) is a key component of technology vendor contracts that describes the terms of service between a service provider and a customer. SLAs describe the level of performance to be expected, how performance will be measured and repercussions if levels are not met.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr