All Things Supply Chain
OCTOBER 21, 2024
In an era where technological advancements are necessary for staying competitive, the digitization of supply chains represents a pivotal shift in operational excellence.
Procurement Leaders
OCTOBER 21, 2024
There are many ways that procurement brings financial value to an organisation – from the consistent delivery of year-on-year savings and cost avoidance to the strengthening of working capital positions and cash flow. But perhaps the most progressive of impacts that CPOs can pursue is to drive revenue generation – using procurement’s powers and relationships to deliver top-line impact.
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Art of Procurement
OCTOBER 17, 2024
In 1932, Aldous Huxley published the book Brave New World. At the time, the actual world was perched between World. The post Tips for Surviving in a Brave New World appeared first on Art of Procurement.
Supply Chain Dive
OCTOBER 18, 2024
The automaker is partnering with Lithium Americas to develop the Thacker Pass Mine in Nevada, where GM agreed to buy up to 100% of lithium produced for 20 years.
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
Supply Chain Brain
OCTOBER 20, 2024
The LA and Long Beach ports, which together account for roughly a third of all U.S. container imports, each had their busiest ever peak season.
Spend Matters
OCTOBER 21, 2024
This Spend Matters Vendor Analysis provides an overview of Spendscape by McKinsey and its solution for spend and CO2 analytics. Analytics are vital to the success of a procurement team, as data-driven decision making, improving efficiency and productivity, risk management, cost reduction and much more all depend on solid analytics. While many tools include analytics in the loosest sense, it takes an expertly designed analytics-focused tool to deliver the full value possible.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Art of Procurement
OCTOBER 20, 2024
There are two weeks to go until the 2024 U.S. Presidential Election. Interest, speculation, and tension have been building all. The post 2024 U.S. Presidential Election Special Series appeared first on Art of Procurement.
Supply Chain Dive
OCTOBER 16, 2024
The agency submitted a proposal to eliminate the practice as it transforms its relationships with shipping partners like UPS and DHL.
Supply Chain Brain
OCTOBER 20, 2024
John Rogula, managing director and leader of the enterprise risk management offering of Baker Tilly, provides a sneak peek at a new supply chain risk-assessment tool from the U.S. Department of Commerce.
Spend Matters
OCTOBER 21, 2024
During the week of September 23, I represented Spend Matters at the Amazon Business Reshape 2024 event in Dallas, Texas. The event, which hosted over 1,100 attendees (a 28% year-over-year increase), detailed Amazon Business’s growth, revealing that it has reached over $35 billion in annualized sales and serves more than 6 million business customers.
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.
Procurement Insights
OCTOBER 20, 2024
Here is an excerpt from a LinkedIn post by Jose Bustillio that caught my attention this morning: I stepped into the room. The energy was great! Everyone was dressed to impress, and the music? It was loud, but the kind that makes you want to move. You know that feeling, right? Lol. I couldn’t help but start to dance a little, but just discreetly, lol.
Supply Chain Trend
OCTOBER 18, 2024
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 core elements of an AI mindset. In this blog; Collaboration.
Supply Chain Dive
OCTOBER 18, 2024
While the disruptions from Hurricane Helene have subsided, retooling efforts for Ohio EV production are still hampering its manufacturing activity.
Supply Chain Brain
OCTOBER 20, 2024
As the holiday season approaches and the pace of warehouse activity accelerates, employee safety becomes an even more critical priority.
Advertiser: GEP
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.
Spend Matters
OCTOBER 16, 2024
Continuing our third-party/supply chain risk management (TPRM/SCRM) series, today let’s address the question of ‘who owns risk?’ In the past, risk ownership has been addressed in a straightforward operational manner: IT owned cyber risk, finance guarded financial risk and so on. While this functional silo approach is simple, it is inadequate in today’s interconnected business… This content is for members only.
Procurement Insights
OCTOBER 18, 2024
Is another Solution Map Star falling? The following is a message I wrote to someone in our industry for whom I have great respect. I will not provide specific details because of respect for this individual and the solution provider they worked with. But I will say that this was a needless occurrence brought on by the fear of getting left behind in the GenAI “Hype Cycle.” A cycle in which solution providers were given little choice but to proclaim “we are now a GenAI companyR
Arkestro
OCTOBER 21, 2024
Nurturing Innovation at the MEMA Annual Auto Conference Cultivate the Future of Automotive with Arkestro The MEMA Original Equipment Suppliers Annual Conference is a two-day event which brings the supplier and manufacturer communities together to foster connections in the heart of the automotive world. This event empowers attendees by providing critical information from industry leaders and creates invaluable connections with great networking opportunities. Suburban Collection Showplace 46100
Supply Chain Dive
OCTOBER 21, 2024
The chocolate maker's Advancing Agility and Automation Initiative leans on digitization to boost visibility and optimize manufacturing and procurement.
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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.
Supply Chain Brain
OCTOBER 15, 2024
While many recognize the need to upskill and reskill supply chain planners, most aren't placing enough emphasis on building planners’ confidence and giving them the space to innovate.
Spend Matters
OCTOBER 17, 2024
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 ValueHub. To warrant such attention, these vendors must have a product that is ideally two to five years old, is used by more than five customers and displays an innovative ap
Procurement Insights
OCTOBER 21, 2024
I love the active engagement within my community – including the comments and questions I receive in the virtual mail or message bag every day. It was not surprising that one of the most frequent questions I received today related to the $2 billion Zip valuation. More specifically, what did I think about it? Here are my preliminary thoughts: As for Zip, while great news for investors, it doesn’t necessarily mean much for improving the 80% initiative failure rate.
Let's Talk Supply Chain
OCTOBER 21, 2024
Hurricane Milton has disrupted Florida’s logistics networks, impacting everything from road and rail transportation to portal operations. The storm has fueled effects that may disrupt industries for weeks or even months. Understanding how the industry can rebound means looking back at how logistics teams have tackled disruptions in the past and proven recovery plans.
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
Supply Chain Dive
OCTOBER 16, 2024
Extreme weather and labor unrest are putting shippers and forwarders to the test, making October a 'whole new ballgame,' said Xeneta’s Niall van de Wouw.
Supply Chain Brain
OCTOBER 17, 2024
Jeremy Michalek, director of Carnegie Mellon University’s Vehicle Electrification Group, describes the impact to date of the Inflation Reduction Act (IRA) on efforts to reduce U.S. automakers’ dependence on China for electric vehicle battery production.
Spend Matters
OCTOBER 21, 2024
This second part of the Spend Matters Vendor Analysis on Spendscape by McKinsey’s spend and CO2 analytics solution details its strengths and opportunities. It also looks at the voice of the customer and what considerations may factor in choosing Spendscape as a potential solution provider. Part 1 of the series provided a history and overview of Spendscape’s solution and the solution’s roadmap/vision.
Procurement Insights
OCTOBER 21, 2024
EDITOR’S NOTE: The following is the discussion stream resulting from a thought-provoking interview between Shaun Syversten and David Loseby which illustrates perfectly why the agent-based model is critical to ProcureTech initiative success. Shaun Syversten: “Economics, unfortunately, as originally conceived” – “many others probably before” How much do you rely on logic when making decisions in procurement?
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
Let's Talk Supply Chain
OCTOBER 21, 2024
Today I’m joined by TSG Fleet , the one-stop-shop for large private fleets. TSG, part of the Transportation Services Group of companies, is a leader in outdoor industrial storage for Southern California and North Texas. And, as a full-service center for local, regional and national private fleets and intermodal carriers, TSG also provides maintenance and repair to dry vans, containers, chassis, refrigerated trailers, and straight truck vans.
Supply Chain Dive
OCTOBER 15, 2024
Added fees from the delivery giants are clashing with heightened shipping discounts, but customers have options to limit the impact, experts say.
Supply Chain Brain
OCTOBER 17, 2024
Netstock’s new inventory management 2024 benchmark report provides businesses with data needed to measure their performance against industry peers, identify areas for improvement, and set realistic, actionable goals.
Spend Matters
OCTOBER 17, 2024
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.
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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