Trending Articles

article thumbnail

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?

article thumbnail

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

Suppliers 130
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

Strike at U.S. Ports Brings Debate Over Automation Front and Center

Supply Chain Brain

Even if the dispute between the ILA and USMX is resolved quickly, the battle over automation at U.S. ports is set to rage on for a good long while to come.

137
137
article thumbnail

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.

article thumbnail

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.

136
136
article thumbnail

Red Sea Route Under Siege: Escalating Conflicts Disrupting Global Logistics

All Things Supply Chain

The Red Sea, through which the Suez Canal connects Asia to Europe, has long been a crucial artery for global shipping.

Logistics 162

More Trending

article thumbnail

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.

article thumbnail

Risk is complex — The different types and sources of risk

Spend Matters

Continuing our series on third-party/supply chain risk management (TPRM/SCRM), here we illustrate the breadth and complexity of risk that organizations today must navigate and manage. We look at how risks and incidents comprise a multitude of types which have origins both inside and outside of the organization and provide a detailed view of different risks and their sources.

Risk 101
article thumbnail

Layoffs mount amid low manufacturing demand: September PMI

Supply Chain Dive

The presidential election, an East Coast port strike and the impact of Hurricane Helene are creating a flurry of challenges for manufacturers this fall.

Demand 120
article thumbnail

Damage from Hurricane Helene Threatens U.S. Medical Supply Chain

Supply Chain Brain

Helene is already one of the deadliest mainland storms in the history of the U.S., with more than 100 people killed in the days since it first made landfall.

article thumbnail

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.

article thumbnail

CPO Crunch: A productive event

Procurement Leaders

We would all love to be more productive. After all, getting more output from the same, if not fewer, resources is one of the guiding principles of a growth-based strategy. It’s why countless CPOs have told us that it will be a key priority for them next year, and, by extension, it’s why a good proportion of our community activities in 2025 will focus on the productivity conundrum.

article thumbnail

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.

Ethics 60
article thumbnail

Embracing the Future at Graceland: Insights from the Basware Premier Event

Spend Matters

During the week of September 9th, I attended the Basware Premier Event in Memphis — a fantastic gathering that delved into several key topics, including touchless invoice processing to accelerate workflows, the importance of ROI assessments and how AI can enhance AP outcomes. A customer panel shared their experiences with processing thousands of invoices and how Basware supported them in improving accuracy.

e2e 97
article thumbnail

ILA strike begins, disrupting East and Gulf Coast ports

Supply Chain Dive

Without a new port labor deal, the International Longshoremen’s Association instructed its members to halt work after midnight Tuesday.

122
122
article thumbnail

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.

article thumbnail

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.

article thumbnail

AOP Introducing… SimpliContract

Art of Procurement

SimpliContract is on a mission to create what its Founder and CEO, Guru Venkatesan, calls a “connected contract experience.” Contract. The post AOP Introducing… SimpliContract appeared first on Art of Procurement.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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

article thumbnail

Port strike could bring ocean carrier surcharges

Supply Chain Dive

Maersk, CMA CGM, Hapag-Lloyd and other carriers shared contingency plans ahead of a possible work stoppage beginning Oct. 1.

126
126
article thumbnail

Supply Chain Control Tower Case Study

Supply Chain Brain

Discover how TADA's AI-enabled digital twin technology drove $90M in total benefits for a Fortune 500 automotive manufacturer who was struggling with reduced visibility, poor risk management, and significant production disruptions.

article thumbnail

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

article thumbnail

429: Women In Supply Chain™, Kameel Gaines

Let's Talk Supply Chain

 In today’s episode of Women In Supply Chain , I’m joined by passionate founder and CEO, Kameel Gaines. With more than 20 years of expertise in sales and recruiting, Kameel is a formidable presence in the trucker recruitment market and the CEO of Rig On Wheels Broker and Recruitment Services. A successful entrepreneur, Kameel is dedicated to transforming the trucking industry by advocating for diversity, equity, and inclusion.

article thumbnail

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

article thumbnail

Zoom in on Cyber Risk

Spend Matters

The interconnected nature of business networks, their systems and their data leaves suppliers and the primary organization open to threats and attacks that broadly fall under the category of supply chain cyber risk. Cyber attacks have only increased in recent years, and even a minor breach can damage a company’s operations, finance and reputation due to how much sensitive information has been digitized.

Risk 73
article thumbnail

Why FedEx still doesn’t have a new contract with its pilots

Supply Chain Dive

A federal mediator rejected a union request to be released from supervised negotiations as pilots push for better pay and retirement benefits.

Contract 106
article thumbnail

Boosting Efficiency and Customer Satisfaction: Five Reasons to Use Retail Consolidation

Supply Chain Brain

If you can be somewhat flexible with planning and lead time, you can leverage a 3PL’s ability to develop the scale needed for executing retail consolidation programs.

83
article thumbnail

Why was this screenshot an indication of a good ProcureTech demo?

Procurement Insights

What would be your first thought if this were the opening screen for a demo you were invited to see? How would it set the tone for the rest of the presentation? In the meantime, Michael Lamoureux sent me the following post by Reza Shah Mohammadi with the corresponding video of Steve Jobs. Be sure to watch the Jobs video: Reza Shah Mohammad Post Stop thinking that you can succeed by starting with technology and then figuring out how to market it.

article thumbnail

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

article thumbnail

MRP vs ERP: Which is Best for Your Manufacturing Business?

SCMDOJO

Navigating the complexities of manufacturing operations often involves the crucial decision between MRP vs ERP systems. MRP (Material Requirements Planning) and ERP (Enterprise Resource Planning) systems are the most prominent contenders. While both aim to streamline operations and enhance efficiency, they cater to distinct needs within manufacturing organizations.

article thumbnail

How’s your PO management? Start with the basics before moving on to AI

Spend Matters

This content does not express the views or opinions of Spend Matters Given the persistent economic uncertainty and inflation-induced price increases, reducing purchasing costs remains a priority for most procurement stakeholders in 2024, followed by ensuring supply continuity and combating rising prices. To guarantee that the business receives the necessary goods and services at the best quality-price ratio, procurement professionals strive to streamline purchase order management practices and i

article thumbnail

Flexport cuts 2% of staff in latest round of layoffs

Supply Chain Dive

The reorganization was “a natural next step” for the logistics provider after the acquisition of Shopify Logistics, a spokesperson said.

article thumbnail

EU Plans October Vote on Tariffs for Electric Vehicles from China

Supply Chain Brain

The vote among the bloc’s member states was delayed in the wake of last-minute negotiations with Beijing to try to find a resolution that would avoid the new levies.

article thumbnail

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.