Trending Articles

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Labor shortage and its impact on the supply chain

All Things Supply Chain

Imagine a bustling port, filled with cargo containers waiting to be loaded and shipped across the world. But instead of swift, efficient movement, operations have slowed to a crawl. Why?

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How Gilead segments suppliers for Scope 3 greenhouse gas emissions

Procurement Leaders

Challenge Pharmaceutical company Gilead has a well-established supplier emissions-reduction programme and science-based targets, but aims to increase its use of primary data – especially among suppliers it considers most critically important. While some of those vendors already have programmes in place, others need more support and encouragement. The Foster City, California-headquartered business has devised a segmentation model to ensure that engagement is focused where it will have the greates

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Supply Chains as Business in Action

Art of Procurement

We know supply chains are complex, but to truly understand how complex they are, and how they reached this point, The post Supply Chains as Business in Action appeared first on Art of Procurement.

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Why Inventory Management Isn't Just for Christmas

Supply Chain Brain

If you’ve built up a reputation throughout the year for delivering on convenience, you will stand a much stronger chance of winning in the upcoming "golden quarter.

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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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ILA port strike ends through tentative deal

Supply Chain Dive

The agreement, which extends the parties’ master agreement, comes three days after a strike commenced at East and Gulf Coast ports.

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Spend Matters reveals the ‘50 Providers to Know,’ ‘50 Providers to Watch,’ ‘Future 5’ start-ups and ‘Hall of Fame’ lists for 2024

Spend Matters

After 12 months of intense assessment and debate, Spend Matters is delighted to release the 2024 ‘ 50 Procurement Providers to Know ’ and ‘ 50 Procurement Providers to Watch ’ lists. This year celebrates 11 consecutive years of these lists, released in conjunction with the sixth year of recognizing five innovative procurement tech startups — the Future 5 — and the newly launched Hall of Fame.

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Procurement 6 – October 4th, 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 – October 4th, 2024 appeared first on Art of Procurement.

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Why Manufacturers Are Failing in Their AI Initiatives

Supply Chain Brain

Artificial intelligence has the power to transform manufacturing — but the industry’s current strategy for implementing it is “deeply flawed.

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Amazon wants to hire 250K for the holidays again

Supply Chain Dive

For the second consecutive year, the company is planning a major round of hiring to sustain its fulfillment and transportation operations during its busiest quarter.

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Ivalua: Vendor Analysis (Part 2) — P2P solution product-level strengths and opportunities, competitors and market analysis, voice of the customer, 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 P2P 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 P2P solution as well as Ivalua’s roadmap/vision.

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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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Cultivating an AI Mindset: Smart Trust

Supply Chain Trend

AI is infiltrating our personal lives and the workplace, and soon will be everywhere and irreplaceable in everything you do. At home and in the workplace. Developing and cultivating an AI Mindset will become a must for the modern knowledge worker. In a series of short blogs, I will explore three elements of an AI mindset. In this blog, Trust. Granting Trust to AI Within seconds of meeting someone new, we unconsciously identify if we can trust this person.

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Bloomberg Television: Mitigating the Effects of “Black Swan” Disruptions

Arkestro

Webinars / Bloomberg Television: Mitigating the Effects of “Black Swan” Disruptions Bloomberg Television: Mitigating the Effects of “Black Swan” Disruptions An interview with Bloomberg Television. Summary: In this video, Arkestro CEO Neil Lustig, discusses how automation technology is aiding current supply chain issues. He explains how Arkestro’s AI-powered predictive procurement platform helps companies proactively reroute shipments and secure alternative suppliers to mitigate disruptions

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BIMCO and ICS Issue Guide to Help Maritime Industry Reduce Underwater Noise

Supply Chain Brain

The demand for action on underwater radiated noise from ships has significantly increased over the last few years, due to its negative effects on marine creatures and the environment.

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Data: The backbone of the modern supply chain

Supply Chain Dive

Discover how high-quality data powers the modern supply chain, enabling advanced technologies and fostering seamless collaboration.

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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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Webinar — Unmasking the tricks behind the 50/50 lists

Spend Matters

Join the Spend Matters Analyst Team on October 31 at 10:30 EST as they host “ Unmasking Procurement Excellence: A look at the 2024 Spend Matters 50/50 Lists ,” a webinar covering this year’s 50 to Watch, 50 to Know and Future 5 lists. Each year, the Spend Matters analysts spend months whittling down the hundreds of procurement solutions they have seen and demoed over the year into these three lists.

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DPW Remote Dispatch: Understanding the Actual Bridge between AI and GenAI and Getting to 10X

Procurement Insights

In a LinkedIn discussion stream, Fabian Lampe expressed the following concern: “What worries me is that nobody is actually getting better or feels confident to say we’ve got this.” My Response: Fabian Lampe , Which is why I raised the question: How can we get to 10X when we have had challenges getting through 1X to 9X? (NOTE: I am not physically attending DPW Amsterdam.

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Procurement News — October 9, 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 — October 9, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Electrification Is Coming for the Supply Chain — But Not Where You Think

Supply Chain Brain

El ectrifying heavy trucks seems like an obvious step to take. But even with incentives, the current state of technology isn’t ready for deployment at large scale.

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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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Inside UPS’ push to double its healthcare logistics business

Supply Chain Dive

Acquisitions and organic growth will help the company reach the challenging goal by 2026, VP Daniel Gagnon told Supply Chain Dive.

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Will Intake and Process Orchestration eat Source-to-Pay?

Procurement Software

As procurement software evolves, intake and process orchestration solutions are one of the most interesting arrivals on the scene. These newer tools aim to offer a more flexible and user-friendly experience compared to traditional Source-to-Pay (S2P) suites. But can they truly replace them? We’ll break down how intake and process orchestration tools work, and assess whether they can be a realistic substitute for S2P suites.

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Why Is Free Speech Bad For Procurement?

Procurement Insights

“Jon, I sometimes get ostracized by my own Procurement community when I make a statement that a lot of the new age procurement tech is still trying to make the “horses run faster”… they are still very much centered around a source to contract and a procure to pay tool. and you can only add enough juice to make the legacy processes run faster, more efficiently.” – “SK” Sanjeev Kumar Roy (October 4th, 2024) The above comment to one of my posts stopped me cold in my tr

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Starbucks Experiments with Weatherproof Coffee

Procurement Bulletin

Handling the Supply Chain Talent Shortage Apparently there’s a shortage of talent in the supply chain and logistics fields, and universities are trying to catch up to providing adequate foundational knowledge in the area. The Bureau of Labor Statistics projects there will be a 19% increase in hiring within the logistics industry between now and 2033.

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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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How AI Brings Clarity to Lost or Stolen Products From DC to Store

Supply Chain Brain

Shrink impacts retailers in multiple ways across the product journey. Yet there’s one station that comes with a little more mystery: the “in-between.

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DCH Health System adds new supply chain VP

Supply Chain Dive

Rachel Anderson joined the Tuscaloosa, Alabama-based medical center company from another health care provider within the state.

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Spend Matters Future 5 2024 – Why we chose BlueBean

Spend Matters

Spend Matters is delighted to announce the 2024 roster for our ‘Future 5’ list. For the sixth year in a row, our analysts have highlighted five start-ups that excited them the most. This year, the five companies that have proven themselves as potential future trend setters are BlueBean, Covalyze, HaloAi, Ivoflow and True Value Hub. Today we are sharing the reasoning behind our selection of BlueBean.

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SCMDOJO vs CSCP Supply Chain Certification: My Personal Experience as a Supply Chain Professional

SCMDOJO

As someone deeply invested in the field of supply chain management, I’ve had the opportunity to explore and interact with various learning platforms throughout my career. Two of the most prominent platforms for learning in this domain are the CSCP Supply Chain Certification (Certified Supply Chain Professional), offered by the Association for Supply Chain Management (ASCM) , and SCMDOJO , a platform I’ve personally developed to address the gaps I identified in other learning environments.

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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 In My Lifetime: A Timeline Of Understanding (1959 to 2024)

Procurement Insights

“We cannot solve our problems with the same thinking we used when we created them.” – Albert Einstein It started as a simple exercise: ask ChatGPT, “What are the Top 3 concerns for Chief Procurement Officers in 2025?” A list of the top three CPO concerns for the coming year was provided in seconds. Taking it a step further, the following is a chronological summary covering 10 specific date points between 1959 and 2025 where I posed the same question.

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LNG Ships Divert to Europe to Tap Into Higher Prices

Supply Chain Brain

The diversions come as European futures jumped on concerns about increased risk to supplies in the Middle East, just as the heating season gets under way.

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Walmart automates supply chain facilities in Arizona, Arkansas

Supply Chain Dive

The retail giant is equipping the regional distribution centers with technology in a bid to double productivity.

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Spend Matters Future 5 2024 – Introducing BlueBean

Spend Matters

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them. For the Future 5, Spend Matters analysts scour the market to find new specialist solution providers that can answer a burning need of procurement practitioners today.

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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.