How Analytics Improve the Efficiency of Supply Chain Management
All Things Supply Chain
APRIL 30, 2024
Analytics is a powerful tool that supply chain experts find critical in the modern competitive market.
Trending Articles
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DHL will pay $8.7M to settle allegations it gave Black workers more dangerous assignments
Supply Chain Dive
APRIL 29, 2024
While Black workers moved “large, heavy packages,” their White colleagues sorted letters, the U.S. Equal Employment Opportunity Commission alleged.
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How New Balance Has Weathered Years of Supply Chain Disruptions
Supply Chain Brain
APRIL 28, 2024
The attacks on Red Sea shipping have forced carriers to reroute their vessels around Africa’s Cape of Good Hope, resulting in increased cost. But that hasn’t fazed New Balance.
ivoflow: Vendor Analysis — Direct spend management solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
APRIL 29, 2024
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.
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.
Forbes: The Devil’s in the Details, Part 3
Arkestro
APRIL 26, 2024
Here are a few strategies to help procurement leaders get their order cadence and tempo under control, be more prepared for disruption, and achieve cost savings.
Emerging Trends in Logistics Training: Preparing for Tomorrow’s Challenges
All Things Supply Chain
APRIL 24, 2024
Navigating the ever-evolving landscape of logistics requires a keen understanding of emerging trends.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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Watch: Concurrency: The New Supply Chain Requirement for Tearing Down Silos
Supply Chain Brain
APRIL 28, 2024
What Kinaxis calls "concurrency" tears down silos from end to end in the supply chain, guaranteeing success, says Tom Rhoads, the company’s global vice president of sales and supply chain execution.
Crossing the chasm of S2P beyond Procurement and Finance
Spend Matters
APRIL 29, 2024
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
Outside-in planning: a big elephant that needs a bite-size approach
Supply Chain Trend
APRIL 25, 2024
“ There is only one way to eat an elephant: a bite at a time.” Desmond Tutu Outside-in thinking in theory Outside-in thinking makes sense. It has been suggested to include a market, customer, and competitor view in a strategy definition for more than 50 years. It is not new in strategy. It is not new in supply chain management either. Lee’s uncertainty framework (2002) shows how segment your supply chain in demand streams and how to define your supply chain response to that.
Commerce strategy: Ecommerce is dead, long live ecommerce
IBM Supply Chain Blog
APRIL 25, 2024
In today’s dynamic and uncertain landscape, commerce strategy—what we might formerly have referred to as ecommerce strategy—is so much more than it once was. Commerce is a complex journey in which the moment of truth—conversion—takes place. This reality means that every brand in every industry with every business model needs to optimize the commerce experience, and thus the customer experience , to drive conversion rates and revenues.
GEP Procurement & Supply Chain Tech Trends Report
Advertiser: GEP
The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?
Automakers get new standard for cutting a top source of scope 3 emissions
Supply Chain Dive
APRIL 23, 2024
Indirect emissions are notoriously hard to calculate and address, so the Science Based Targets initiative put forth a new guideline for the auto industry's category 11 goals.
Building Insights Into Supply Chains: A Case Study
Supply Chain Brain
APRIL 23, 2024
What started as a shared frustration at the lack of tracking information on general cargo shipments resulted in a much-needed advancement in tracking technology and shipping analytics.
Coupa Inspire 2024: New product announcements centered around ‘Margin Multiplier’ theme
Spend Matters
APRIL 24, 2024
Spend Matters analysts attended Coupa Inspire Americas 2024 in Las Vegas, the company’s 11th annual Inspire conference and its largest to date. In their first dispatch our analysts cover Coupa CEO Leagh Turner’s opening speech, which touched on Coupa’s five initiatives to bridge the customer “margin erosion zone:” assisting customers with growth, efficiency, productivity, resiliency and sustainability.
Examining the Practicality of the EV Truck Mandate
Art of Procurement
APRIL 25, 2024
On March 29th, it was announced that manufacturers of heavy-duty vehicles must reduce their overall emissions by mandated percentages, starting. The post Examining the Practicality of the EV Truck Mandate appeared first on Art of Procurement.
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
Data privacy examples
IBM Supply Chain Blog
APRIL 24, 2024
An online retailer always gets users’ explicit consent before sharing customer data with its partners. A navigation app anonymizes activity data before analyzing it for travel trends. A school asks parents to verify their identities before giving out student information. These are just some examples of how organizations support data privacy , the principle that people should have control of their personal data, including who can see it, who can collect it, and how it can be used.
GLS US launches direct delivery to and from Europe
Supply Chain Dive
APRIL 24, 2024
The carrier integrated its services with its parent's European network, which could help it stand out among FedEx and UPS alternatives.
Railroad Engineer Sues Union Pacific Over Train Driver Software
Supply Chain Brain
APRIL 26, 2024
The computer system gave the locomotives dangerous instructions, the complaint alleges, telling the lead locomotive to slow down and the middle locomotive to speed up while climbing a hill.
Daato: Vendor Analysis — ESG compliance solution overview, competitors, user considerations, analyst summary
Spend Matters
APRIL 24, 2024
In this Spend Matters Vendor Analysis, we give an overview of Daato, an ESG compliance solution built to address the challenges companies face with complying to different reporting frameworks. The regulatory landscape that procurement professionals have to navigate is constantly changing. New regulations are frequently being introduced, especially regarding sustainability.
Supply Chain Orchestration: A New Era in Supply Chain Management
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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.
Introduction to Cost-Saving Strategies for Purchasing Departments
Procurement Freelancers
APRIL 26, 2024
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.
AI transforms the IT support experience
IBM Supply Chain Blog
APRIL 25, 2024
We know that understanding clients’ technical issues is paramount for delivering effective support service. Enterprises demand prompt and accurate solutions to their technical issues, requiring support teams to possess deep technical knowledge and communicate action plans clearly. Product-embedded or online support tools, such as virtual assistants, can drive more informed and efficient support interactions with client self-service.
Port of Baltimore preps new alternate channel for larger vessel traffic
Supply Chain Dive
APRIL 24, 2024
The limited access channel could help draw more commercial activity back to the port after the collapse of the Francis Scott Key Bridge.
Business impact of Digital Twins
Supply Chain Brain
APRIL 26, 2024
A variety of Digital Twins are being created and leveraged across industries to improve business performance. Connect with two senior Deloitte Consulting leaders that have been helping their clients in this area for many years to learn more about the various types and uses of Digital Twins and the business impact they can have across an enterprise.
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,
Sales Qualified Lead (SQL): Definition, How to Qualify, and Importance
The Thomas Blog
APRIL 30, 2024
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.
The Sidekick #004
Una
APRIL 30, 2024
The Sidekick #004 Baltimore Collapse Rattles Supply Chains Kris Lance VP & General Manager, Una April 30, 2024 Intro Welcome to Issue #004 of The Sidekick ! In this edition, we’ll move away from food topics for a bit to check out the supply chain impacts of the Baltimore bridge collapse. The loss of maritime traffic is expected to cost somewhere around $9 million per day, while thousands of port side jobs have been impacted.
What is Category Management? (According to the Experts)
Art of Procurement
APRIL 30, 2024
Category management in procurement is a bit like pickles in your sandwich. Some people think it’s outdated. Many experts think. The post What is Category Management? (According to the Experts) appeared first on Art of Procurement.
Nestlé aims for bottle-to-bottle circularity with recyclable shrink sleeves
Supply Chain Dive
APRIL 26, 2024
The company said it explored multiple suppliers and materials for the packaging conversion as it advances its sustainability efforts.
How to Stay Competitive in the Evolving State of Martech
Advertiser: ZoomInfo
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
Watch: The New Normal: Risk Is the Only Certainty in Supply Chain
Supply Chain Brain
APRIL 25, 2024
Risk-management initiatives are so important that the C-suite must reassess and rebuild agile, resilient supply chains, says Lisa Morales-Hellebo, founder and managing general partner of Refashiond Ventures.
How to prevent prompt injection attacks
IBM Supply Chain Blog
APRIL 24, 2024
Large language models (LLMs) may be the biggest technological breakthrough of the decade. They are also vulnerable to prompt injections , a significant security flaw with no apparent fix. As generative AI applications become increasingly ingrained in enterprise IT environments, organizations must find ways to combat this pernicious cyberattack. While researchers have not yet found a way to completely prevent prompt injections, there are ways of mitigating the risk.
What is Supply Chain Management? A Guide to Success
SCMDOJO
APRIL 29, 2024
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.
How to Build a Winning Category Strategy with Help from a True Procurement Expert
Art of Procurement
APRIL 30, 2024
There is no easy template for building a category strategy, but with expert advice you can formulate a strategy that. The post How to Build a Winning Category Strategy with Help from a True Procurement Expert appeared first on Art of Procurement.
Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability
Advertiser: GEP
Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.
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