Thu.May 23, 2024

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Toyota debuts renewable energy system at Port of Long Beach

Supply Chain Dive

The resources generated by the new system will support Toyota Logistics Services’ vehicle-processing and distribution center at the port.

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A proactive supply chain risk posture is increasingly necessary — and finally possible

Spend Matters

This content does not express the views or opinions of Spend Matters. There has been a steady stream of supply chain crises in the news this spring, from shipping delays in the Middle East due to regional conflict to the halting of semiconductor production in Taiwan and the upending of imports and exports out of Baltimore. Each unexpected event serves as a reminder to stakeholders across the supply chain that disruption is inevitable — but it doesn’t have to be unpredictable.

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Trending Sources

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Under Armour plans layoffs, 25% SKU reduction

Supply Chain Dive

The retailer is looking to “sell much more of much fewer products" over the long term, founder Kevin Plank said.

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Enhance your data security posture with a no-code approach to application-level encryption

IBM Supply Chain Blog

Data is the lifeblood of every organization. As your organization’s data footprint expands across the clouds and between your own business lines to drive value, it is essential to secure data at all stages of the cloud adoption and throughout the data lifecycle. While there are different mechanisms available to encrypt data throughout its lifecycle ( in transit , at rest and in use ), application-level encryption (ALE) provides an additional layer of protection by encrypting data at its so

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How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. GEP’s sourcing expertise and market intelligence enabled the company to centralize sourcing and order management processes, strengthen key supplier relationships, and enhance supply chain resilience and agility.

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1-800-Flowers.com offsets delivery rate hikes with logistics optimization

Supply Chain Dive

The gift provider's efforts include placing inventory closer to end customers as it looks to mitigate fuel surcharges and other fees.

Logistics 114
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Inventory Fitness: Governance, Targets and Segmentation

Supply Chain Brain

Without an inventory governance program, working capital will not align with your business aspirations. Attack inventory directly with Oliver Wight in this fast-paced, concise webinar on Inventory Governance.

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Generative AI: Force Multiplier for Autonomous Supply Chain Management

The Network Effect

The post Generative AI: Force Multiplier for Autonomous Supply Chain Management appeared first on The Network Effect.

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BMW imported cars to the US using parts from banned supplier: Senate report

Supply Chain Dive

The automaker shipped at least 8,000 Mini Coopers that used components from a company based in China's Xinjiang region.

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Searching for the Limits of Employee Activism at Google

Art of Procurement

Searching for the Limits of Employee Activism at Google Over the last few weeks, we have watched as student protests. The post Searching for the Limits of Employee Activism at Google appeared first on Art of Procurement.

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Norfolk Southern Agrees to $310M Settlement for 2023 Train Derailment

Supply Chain Brain

Norfolk Southern has also paid out an additional $780 million for environmental response efforts since the derailment.

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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

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UNFI extends Whole Foods distribution deal into 2032

Supply Chain Dive

The companies’ previous agreement was set to end in September 2027.

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FAA Warns of 'Long Road' for Boeing as Deadline for Safety Plan Looms

Supply Chain Brain

The FAA flagged dozens of manufacturing issues for Boeing's 737 Max aircraft as part of an audit released in March.

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The Future of Supplier Auditors in a Digital World

Procurement Freelancers

Now more than ever, the position of sourcing auditors plays a vital role in today’s… The post The Future of Supplier Auditors in a Digital World first appeared on Procurement Blog | Procurement & Supply Chain News.

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Procurement 6 – May 24th, 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 24th, 2024 appeared first on Art of Procurement.

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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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Introduction to Supplier Consolidation

World of Procurement blog

Supplier consolidation refers to the strategy of reducing the total number of suppliers that a company deals with and instead focusing procurement spending on a select few preferred suppliers. It involves transitioning away from transacting with multiple vendors for the same or similar goods and services, to consolidating spend and building strategic partnerships with a smaller set of suppliers.

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FutureIT Boston: Pipefy leaders share insights for improving IT and LOB collabs to accelerate POC delivery

Pipefy

How can IT leaders help businesses build the right tech stack, foster inter-department collaboration, and speed up workflow deployment? This was one of the questions posed by Felipe Carvalho, Pipefy’s Chief of Revenue, during a fireside chat at FutureIT Boston 2024. The event, which took place on May 14, brought together IT leaders to discuss emerging technologies, AI, data, and more.

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Take control of business spending with spend management software

Fraxion

Take control of business spend with spend management software Managing purchasing and expenses for can be challenging, with issues such as misplaced receipts, manual approvals, and limited visibility and control. However, there is a solution: business spend management software.

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The Importance of Negotiation in Industrial Sales Training

Negotiations Ninja

In industrial sales, every deal is a complex interplay of needs, demands, and expectations. Here, negotiation stands as a cornerstone of success.

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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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Leading with authenticity: Becoming a procurement leader

Spotlight on Procurement

Rebecca Lonsdale, CPO at BP Castrol, discusses her career journey, from her first job in procurement at Nissan to her current role at Castrol. She also shares her stories about the impactful individuals and leaders she has worked with over the years, as well as her experience working in different countries and transitioning from direct to indirect procurement.

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Lead Generation vs. Customer Acquisition: Their Key Differences

The Thomas Blog

Lead generation and customer acquisition, because they are so closely related, are sometimes referred to as the same thing, but they are very different. And even though they are interconnected, they serve distinct roles in the sales process. Lead generation focuses on attracting potential customers and gathering their information, setting the stage for initial engagement.

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Achilles Versus EcoVadis: Why You Need To Make It “Personal”

Procurement Insights

As you read today’s post, I want you to keep the following three things in mind: AI needs humans more than humans need AI Logos on maps and lists create more confusion than insights Business is and will always be “Personal” I was recently asked the following question: why did you choose Achilles for your Analyst Map over EcoVadis? It was a fair question.