Trending Articles

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CPO Crunch: Contending with the complex new world

Procurement Leaders

Many years ago, I interviewed the CPO of a well-known consumer goods company. The CPO in question was relatively new to the role, full of enthusiasm and laser-focused on extracting innovation and value from the supply base, as you might expect. We spoke a lot about value creation, about supplier relationship management and about how he was structuring his team with that purpose in mind.

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How Analytics Improve the Efficiency of Supply Chain Management

All Things Supply Chain

Analytics is a powerful tool that supply chain experts find critical in the modern competitive market.

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Watch: A Symphony of Systems: The Rise of Warehouse Orchestration

Supply Chain Brain

Warehouse orchestration is the answer for facilities looking to integrate and efficiently manage a multitude of discrete systems, says Keith Moore, chief executive officer of Autoscheduler.ai.

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DHL will pay $8.7M to settle allegations it gave Black workers more dangerous assignments

Supply Chain Dive

While Black workers moved “large, heavy packages,” their White colleagues sorted letters, the U.S. Equal Employment Opportunity Commission alleged.

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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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ivoflow: Vendor Analysis —  Direct spend management solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of ivoflow and its solution for direct spend management. Global supply chains are under constant pressure because uncertain geopolitical factors, rising energy costs, highly volatile raw material markets and increasing international competition make global supply chains and procuring goods challenging and unpredictable.

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Replacing Good Intentions with Good Outcomes at Whistl

Art of Procurement

“The best-laid plans of mice and men often go awry.” Scottish poet Robert Burns wasn’t thinking of 21st-century corporate business. The post Replacing Good Intentions with Good Outcomes at Whistl appeared first on Art of Procurement.

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Report: Tyson Foods Dumped 371M Pounds of Waste into U.S. Waters Over 5 Years

Supply Chain Brain

The toxic waste includes chemicals such as nitrogen, phosphorous, chloride, oil, and cyanide, released into rivers and lakes between 2018 and 2022 in 17 states.

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Walmart GoLocal expands delivery capabilities, client base

Supply Chain Dive

The retailer's local delivery platform has evolved to handle big and bulky items, orders out of fulfillment centers and more, VP Rina Hurst told Supply Chain Dive.

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Crossing the chasm of S2P beyond Procurement and Finance

Spend Matters

The source-to-pay (S2P) application suite was created to be a one-stop-shop technology choice for procurement professionals — offering the potential for ‘suite synergy’ that delivers value beyond the sum of the individual process-centric modules. But there are some endemic technology gaps with a suite approach that can’t be fixed easily with more S2P features, with a simple/elegant UX, or even with an attractive underlying digital platform to allow better integration (e.g., via numerous open API

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How generative AI will revolutionize supply chain 

IBM Supply Chain Blog

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization. AI tools help users address queries and resolve alerts by using supply chain data, and natural language processing helps analysts access inventory, order and shipment data for decision-ma

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

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.

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Top 8 Benefits of Hiring a Certified Procurement Professional

Procurement Freelancers

The domain of procurement services is vast and complex, requiring specialized knowledge and skills to… The post Top 8 Benefits of Hiring a Certified Procurement Professional first appeared on Procurement Blog | Procurement & Supply Chain News.

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The Walmart RFID Tagging Mandate: Advantages and Compliance Strategies

Supply Chain Brain

While some retail supply chain leaders may initially feel hesitant about investing in achieving RAIN-tagging compliance, doing so can deliver significant upside potential.

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USPS delivery unit proposal sparks service, cost concerns for shipping partners

Supply Chain Dive

The agency is mulling changes to how shipping companies like DHL eCommerce and Pitney Bowes inject volume into its network, industry experts told Supply Chain Dive.

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Procurement job interviews: Why you should be screening a potential employer versus the employer screening you

Procurement Insights

“You don’t need to be the CEO to make an impact. Start with your team, lead by example, and let the results speak for themselves.” – Simon Sinek ( LinkedIn post by Terri MacLeod, Senior Director of Procurement, Nutrien) Since the early 1980s, there have been far too many times following a lecture or webinar, procurement professionals have asked me the following: I agree with everything you say and am so “pumped” to apply what you presented when I return to the

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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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VeloxCon 2024: Innovation in data management

IBM Supply Chain Blog

VeloxCon 2024 , the premier developer conference that is dedicated to the Velox open-source project, brought together industry leaders, engineers, and enthusiasts to explore the latest advancements and collaborative efforts shaping the future of data management. Hosted by IBM® in partnership with Meta, VeloxCon showcased the latest innovation in Velox including project roadmap, Prestissimo (Presto-on-Velox), Gluten (Spark-on-Velox), hardware acceleration, and much more.

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What is Supply Chain Management? A Guide to Success

SCMDOJO

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. Whether you’re a business owner, manager, or simply curious about the inner workings of the global economy, this article will provide you with a solid foundation.

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AI Attacks Are Becoming More Common in the Logistics Industry. What To Do About Them?

Supply Chain Brain

Financial losses from a cyberattack in the logistics industry include possible legal liabilities, disrupted operations, revenue loss and regulatory fines, but the costs don't stop there.

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UPS, FedEx fuel surcharge hikes to heat up delivery prices

Supply Chain Dive

The tweaks come on top of percentage increases the two delivery giants levied in December as they look to grow per-package revenues.

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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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Introduction to Cost-Saving Strategies for Purchasing Departments

Procurement Freelancers

Business scenarios are very competitive nowadays. Procurement experts not only have to control the costs… The post Introduction to Cost-Saving Strategies for Purchasing Departments first appeared on Procurement Blog | Procurement & Supply Chain News.

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Procurement 6 – May 3rd, 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 – May 3rd, 2024 appeared first on Art of Procurement.

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Mastering Agility and Resilience in Your Supply Chain

SCMDOJO

The modern business landscape is characterized by volatility, uncertainty, and complexity. Economic crises, marked by unpredictability and irregularity, present formidable challenges. The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency.

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Embracing Innovation in WMS

Supply Chain Brain

Spurred by the cloud computing boom, warehouse management systems (WMS) are seeing a widespread move from on-premise solutions to software-as-a-service (SaaS) and cloud-hosted delivery. With this supply chain evolution in mind, how can change management move from something organizations avoid at all costs to something they embrace?

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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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Coca-Cola turns to Microsoft’s AI services for its supply chain

Supply Chain Dive

The beverage giant signed a $1.1 billion deal as it explores the use of AI to streamline operations, boost efficiency and more.

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The One Where We Relate Taylor Swift Lyrics to Procurement

Una

The One Where We Relate Taylor Swift Lyrics to Procurement Love it or hate it, lessons and lyrics alike can be related back to the poetic dance that is procurement and Taylor Swift. By Mackenzie Oakley | May 2, 2024 Search Search Its been nearly a fortnight since Taylor Swift released her newest record-breaking album, The Tortured Poets Department. As you can imagine, like the elder millennial that I am, I have the songs playing on repeat trying to decipher meanings and Googling the words I don&

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Empowering Procurement Professionals: Lessons Learned Over 40 Years Within Procurement With Alex Jennings – Episode 93

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary In this episode, Martin Smith interviews Alex Jennings, an experienced procurement and commercial professional who has worked for companies such as GE and Toyota. They discuss Alex’s career journey, his experience in managing teams, and the changes in the procurement profession.

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Supplier Portals: Best Practice in Supplier Onboarding and Enablement

HICX

Supplier onboarding is a critical process for organizations, ensuring that new suppliers are seamlessly integrated as partners for the enterprise. With the increasing complexity of supply chains and the supplier landscape, and the need for efficiency and risk management, optimizing the supplier onboarding process has become more important than ever.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Three Steps to Securing Microchip Supply in a Chaotic Global Market

Supply Chain Brain

By practicing foresight and preparing for the inevitable hiccup, manufacturers can go a long way toward ensuring that a shortage of microchips doesn't cause their facilities to lay dormant.

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Amazon’s order consolidation efforts deliver Q1 savings

Supply Chain Dive

The e-commerce giant cut costs by increasing the number of product units delivered per box, CEO Andy Jassy said.

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AI Decoded: What Every CPO Needs to Know

Arkestro

Webinars / AI Decoded: What Every CPO Needs to Know AI Decoded: What Every CPO Needs to Know Summary: AI is seemingly “everything, everywhere, all at once!” and it has dominated business and technology discussions since the launch of ChatGPT. The opportunities are immense, but the amount of information on AI is overwhelming. Let Ardent Partners and Arkestro help you cut through the noise in this webinar. 3 Key Takeaways: AI has the potential to channel an entirely new level of innovation Procure

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Sales Qualified Lead (SQL): Definition, How to Qualify, and Importance

The Thomas Blog

Most organizations have a standard process for transferring a lead from the marketing team to the sales team. This typically occurs when a lead transitions from being a marketing qualified lead (MQL) to a sales qualified lead (SQL). This article takes a closer look at SQLs, explains how they are qualified, and notes their importance in the sales funnel.

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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