article thumbnail

Supplier Diversity: From Checking the Box to Driving Business Strategy

ivalua

Part I: Building Business Cases and Driving Momentum. businesses proudly maintain robust supplier diversity programs. They have now moved from largely being a reporting exercise, to being a business strategy. Building Business Cases and Momentum.

article thumbnail

Alignment of Supplier Diversity with Business Strategy

Supply Chain Brain

Expect to see corporate executives assessing supplier diversity and environmental sustainability initiatives together under the ESG umbrella

professionals

Sign Up for our Newsletter

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

article thumbnail

Five Questions to Test Your Post-Pandemic Business Strategy

Supply Chain Brain

Does your company's strategy still make sense

article thumbnail

Three Steps to Align Sourcing Tech With Business Strategy

Supply Chain Brain

Forward-looking procurement teams are embracing new SaaS tools to drive innovation in the sourcing process

article thumbnail

TMS Solution Guide

A digital-first business strategy is your best defense against risk and uncertainty. This guide details how a Transportation Management System (TMS) can help streamline domestic and international, multi-modal supply chains with smart automation and continuous optimization.

article thumbnail

The Future of EDI for Supply Chains

Let's Talk Supply Chain

Electronic Data Interchange (EDI) was introduced in the 1960’s to allow businesses to communicate key business transactions such as purchase orders, advanced shipping notices, and invoices electronically instead of via paper providing fewer errors and more efficiencies.

article thumbnail

Protected: Leveraging Right Sized Inventory’s Patented Technology in New and Different Ways to Solve Complex Supply Chain Problems

Let's Talk Supply Chain

To view it please enter your password below: Password: BLOG Business Strategy Demand Planning Manufacturing Technology Warehousing/Inventory/Distribution inventory optimisation software inventory optimization analytics inventory optimization software inventory optimization tools lets talk supply chain optimization inventory Right Sized Inventory right sizing inventory stock optimization software supply chain blogs supply chain inventory optimization supply chain tech supply chain technology

article thumbnail

A New Cloud EDI Platform: 5 Ways to Simplify EDI

Let's Talk Supply Chain

Until now, if you wanted to connect your business systems to EDI software, you were looking at writing a custom interface, often in the programming language of the business system. You can then make any final changes using the point and click business rules engine (i.e.

article thumbnail

Why Automating The Urban Middle-Mile is Key for Fast and Predictable Deliveries

Let's Talk Supply Chain

Instead, as businesses decentralize their inventory to enable faster delivery times, AVs can be deployed on-demand to fulfill customer needs without disrupting business operations. In today’s retail landscape, convenience is at the heart of consumer buying behavior.

article thumbnail

6 keys for recession readiness from top tech CFOs

Spendesk

Finance insights Finance leaders Business strategyThe tech industry worldwide has seen a major boom in recent years. While industries like tourism and entertainment struggled severely through lockdowns and social distancing, many tech companies grew faster than ever.

article thumbnail

Supply Chain Powerhouse, Erica Patterson on Finding Her Voice, Mentoring, and Supplier Diversity

Let's Talk Supply Chain

Supply chain once a shadow operation consumers weren’t aware of that was looked at as a basic operational function is now recognized as a strategic business arm responsible for driving resilience and innovation. My Bachelor of Science (BS) is from Penn State University in Business Management.

article thumbnail

Leveraging Critical Factors for Supply Chain Success

NLPA (Next Level Purchasing Association)

Until you can leverage what it takes to succeed, most businesses today will struggle to maintain fiscal viability and relevance in the Modern Global Market. Inability to execute good Business Strategies. Inefficient Logistics and Business Metrics.

article thumbnail

Women Leading Innovation in Africa’s Supply Chain: Why This Article is Vital

Let's Talk Supply Chain

Women fuel the success of some of the world’s most successful businesses, yet barriers still exist. Find out more at sap.comscm Meet the Author Supply Chain Africa (SCA) is a digital media platform advancing African supply chains, and enabling life and business on the African continent.

article thumbnail

316: Plug In and Go Faster, with TraceGains

Let's Talk Supply Chain

As a global technology company, they provide networked innovation, quality, and compliance solutions to consumer brands that want to reduce supply chain risk, innovate faster, speed up business processes, and take control of data.

article thumbnail

How to Ensure Your Business Online Reputation Remains Strong!

Supply Chain Game Changer

When running a business in the modern world, it is the case that more and more of it will be conducted online. Taking all of this into account, there are plenty of ways your business online reputation remains strong. Develop a Response Strategy. Subscribe Here! Email Address.

article thumbnail

Digital Adoption is the New Management Focus

Let's Talk Supply Chain

Throwing technology at vaguely known business processes is a waste of money and energy. Klaus Imping is an expert in digital business process transformation with more than 3 decades of experience in industry and consulting and focus on supply chain.

article thumbnail

What Importers Need To Know, And Do in 2022

Let's Talk Supply Chain

For many businesses reliant on importing their products thousands of miles across the sea and sky, there have been some valuable (and hard) lessons learned. BLOG Business Strategy First Mile Guest Posts Coca-cola ESG global suppy chain lets talk supply chain Mercado Nike Uyghur Xinjiang

Import 52
article thumbnail

An Optimized Wi-Fi Network Is Crucial for Edge Success

Supply Chain Brain

Edge computing is becoming critical to business strategy and operations

article thumbnail

ESG Analytics: Using Data Analytics To Make Your ESG Strategy A Reality

Planergy

ESG Analytics: Using Data Analytics To Make Your ESG Strategy A Reality. Big Data Business Intelligence (BI) Ethical Sustainability & Responsibility. ” For many years, businesses have focused primarily on their financial bottom line – making money.

Data 52
article thumbnail

How to Set SMART Goals In Business: What They Are, Examples, and How To Use Them

Planergy

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How to Set SMART Goals In Business: What They Are, Examples, and How To Use Them. SMART goal setting is crucial for small businesses and entrepreneurs who want to grow.

article thumbnail

How To Set Up An Amazon Business Account

Planergy

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How To Set Up An Amazon Business Account. What Is an Amazon Business Account. Benefits of an Amazon Business Account. Disadvantages of an Amazon Business Account.

article thumbnail

Hyperautomation: What Is It and Why It’s Important

Planergy

Business Process Automation (BPA) Business Process Management (BPM). In business, hyperautomation refers to the use of advanced technology, such as artificial intelligence (AI) and machine learning (ML), to automate processes. In fact, hyperautomation is a business necessity.

Import 52
article thumbnail

The Importance of Human Leadership For Your Management Team

Planergy

6 Leadership Styles in Business. 6 Leadership Styles in Business. Building relationships is critical for leaders because connections can help propel your business to the next level. Business Strategy Best Practices & Tips CFO Management & Leadership

article thumbnail

10 Types of Innovation: What Is It, Examples, and How To Use It

Planergy

Business Opportunity Process & Procedures Strategy & Planning. 10 Types of Innovation: What Is It, Examples, and How To Use It Innovation is key to the success of any business. And how can you use it to propel your business forward? Clients and results.

article thumbnail

What Is Dropshipping? The Pros and Cons For Business

Planergy

The Pros and Cons For Business. In this article, we’ll look at the benefits of dropshipping, its business model, wholesalers and suppliers, and everything in between. Prior to the introduction of the dropshipping business model, there were two main online selling methods.

article thumbnail

Circular Economy: Sustainability Challenges and Benefits

Planergy

Business Opportunity Ethical Sustainability & Responsibility. The circular economy is already being implemented by some businesses and governments worldwide. Saves Your Business Money By adopting circular business models, your company builds cost savings.

article thumbnail

Innovation on my mind; innovation in my business

SCMR (Supply Chain Management Review)

Adding innovation planning and goal setting into operations performance metrics and evaluating technology hype cycles, best practices and ROI, both financial and competitive, are critical to business strategy

article thumbnail

The Top 3 Ways to Take Your 3PL to the Next Level

All Things Supply Chain

With the right business strategy, third-party logistics providers can likely secure… General Logistics 3pL AI analytics business intelligence business model IoT logistics market research specialization supply chain transparency technology visibility warehousing

article thumbnail

Will Amazon Exit the First-Party Retail Business in 2021?

Supply Chain Brain

An industry observer predicts that Amazon.com will make a radical change in its business strategy in the coming year

article thumbnail

Micro-Warehouse Provider Pivots as Retail Consumer Market Shifts

Supply Chain Brain

Fabric, which operates small, automated distribution centers in densely-populated areas, is cutting its workforce and shifting its business strategy as grocers and retailers look instead to add automated operations inside stores

article thumbnail

How to Conduct a ?Health Check? on Your Supply Chain

Supply Chain Brain

Global Trade Management Business Strategy Alignment Global Supply Chain Management Regulation and Compliance Supply Chain Security & Risk Mgmt Global supply chains are subject to countless varieties of risk, in the form of geopolitical instability, economic uncertainty, ever-changing regulations and a host of other issues related to globalization.

article thumbnail

How A.I. Will Transform Shipping and Logistics

Supply Chain Brain

Business Strategy Alignment SC Analysis & Consulting Global Supply Chain Management All Logistics Global Logistics Transportation & Distribution All Technology Supply Chain Visibility SC Finance & Revenue Mgmt. is seeping into virtually every industry, and logistics isn’t immune. Imagine systems that can sift through huge volumes of information to formulate “smart” recommendations as to routes, scheduling and pricing. Their capabilities would far exceed those of the human brain.

article thumbnail

Boeing's Vertical Leap: Where Will It Squeeze Suppliers Next?

Supply Chain Brain

Business Strategy Alignment SC Analysis & Consulting Global Supply Chain Management Aerospace & Defense Industrial Manufacturing All Technology Sourcing/Procurement/SRM SC Planning & Optimization SC Finance & Revenue Mgmt. What could Boeing take in-house next? “It’s It’s bigger than what many people realize,” says Kevin Michaels, managing director of the consulting firm AeroDynamic Advisory. They’re reinventing the supply chain and there’s a lot more vertical integration to come.”

article thumbnail

IBM Will Marry Its New Verifier to the Blockchain, Transforming Diamonds, Olive Oil and Insurance

Supply Chain Brain

Business Strategy Alignment Global Supply Chain Management Global Trade & Economics Supply Chain Security & Risk Mgmt. Called a crypto anchor verifier, the technology, which is part artificial-intelligence software, part insanely sophisticated, internally developed lens, can see the cells of animals and distinguish between them.

Data 40
article thumbnail

Can Brands Survive in the Age of Amazon?

Supply Chain Brain

Apparel Automotive Consumer Packaged Goods E-Commerce/Omni-Channel Food & Beverage Retail Business Strategy Alignment Global Supply Chain Management SC Analysis & Consulting Supply Chain Security & Risk Mgmt Brands have always played a dominant role in the consumer marketplace. Merchandisers are constantly striving to build emotional connections with consumers through compelling brand identities.

Buyers 40
article thumbnail

Why Samsung Might Turn to Blockchain for Its Global Supply Chain

Supply Chain Brain

Business Strategy Alignment Global Supply Chain Management Global Trade & Economics Quality & Metrics Supply Chain Security & Risk Mgmt. Speaking to Bloomberg in an interview published last month, Samsung blockchain chief Song Kwang-woo said that the company will decide soon whether the use the blockchain ledger to manage its supply chain shipments across the world.

article thumbnail

Jeff Bezos v the World: Why All Companies Fear 'Death by Amazon'

Supply Chain Brain

Although its retail site is the most visible of its business strands, the $740bn company has quietly stretched its tentacles into an astonishing range of unrelated industries. Google and Facebook might have cornered the online advertising market, but Amazon’s business successes now include groceries, TV, robotics, cloud services and consumer electronics. “If At $19.99 a pop, the laptop stand combines everything customers love about Amazon: utility, price and convenience.

Price 40
article thumbnail

Amazon Might Not Take on Drug Supply Chain Afterall, Report Suggests

Supply Chain Brain

Neither company’s main business is selling directly to hospitals or doctors. Shares of drug-supply-chain stocks have been in a tizzy for months over what Amazon might do to enter the pharmacy or pharmaceutical-supply business. Business Strategy Alignment Global Supply Chain Management E-Commerce/Omni-Channel Healthcare Pharma/Bio-Tech Retail Home Page Latest News Home Page Slider News

article thumbnail

Robot Managers: The Future of Work or a Step Too Far?

Supply Chain Brain

Others include B12, a web developer that uses a software program to coordinate its team of human designers, client managers, copywriters and robots, and business services company Konsus, which has automated workflow systems that assign work to its pool of freelancers. Not so, according to one Canadian company, which has automated many management and administrative processes to such an extent that it does not have a human resources department.

article thumbnail

‘Balancing Green’: What’s the Cost of Sustainability?

Supply Chain Brain

He discusses the findings of his new book, Balancing Green: When to Embrace Sustainability in a Business (and When Not To). Show notes : Yossi Sheffi’s book , Balancing Green: When to Embrace Sustainability in a Business (and When Not To) Stream or download podcast here. Business Strategy Alignment Global Supply Chain Management Quality & Metrics Regulation and Compliance Supply Chain Security & Risk Mgmt.

article thumbnail

'Not Welcome Here': Amazon Faces Growing Resistance to Its Second Home

Supply Chain Brain

High-Tech/Electronics Business Strategy Alignment Global Supply Chain Management Home Page Latest News Home Page Slider News E-Commerce/Omni-Channel Consumer Packaged Goods Retail North AmericaThat proposition has united an ideologically diverse group of dissenters to Amazon’s grand HQ2 competition, ranging from rightwing organizations linked to the Koch brothers to the Democratic Socialists of America (DSA).

article thumbnail

Manufacturers May Need to Give White-Collar Perks to Fill Blue-Collar Jobs

Supply Chain Brain

Business Strategy Alignment Education & Professional Development Global Supply Chain Management HR & Labor Management Automotive Industrial Manufacturing All Technology SC Finance & Revenue Mgmt. The reason behind the gap relates to demographics; an oversized generation — baby boomers — is starting to retire, and not enough of the next three generations are interested in taking their place.

Quality 40
article thumbnail

Why McDonald's Is Switching to Fresh Beef

Supply Chain Brain

It certainly wasn’t a cost-saving strategy. Business Strategy Alignment Global Supply Chain Management Food & Beverage All Technology Sourcing/Procurement/SRM SC Planning & Optimization Home Page Latest News Home Page Slider NewsMcDonald’s says it’s switching from frozen beef to fresh in some 14,000 U.S. locations by early May. The company officially rolled out the concept at 3,500 stores today. Sorry about your luck, Hawaii and Alaska. You’ll still get frozen beef.