Sustainable Procurement: What it is and its Importance
SCMDOJO
AUGUST 22, 2023
Discover the power of sustainable procurement in enhancing supply chain resilience and brand reputation and learn about its importance.
Tue.Aug 22, 2023
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From Blocks to Bites: A Cheese-Inspired Approach to Change Management
Art of Procurement
AUGUST 22, 2023
Bear with me for a moment… Close your eyes and imagine someone handing you a large block of your favorite. The post From Blocks to Bites: A Cheese-Inspired Approach to Change Management appeared first on Art of Procurement.
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UN Says Africa Can Become a Major Exporter with More Investments
Supply Chain Brain
AUGUST 22, 2023
Africa’s reserves of critical minerals make the continent key to the success of the global semiconductor and EV markets, but it could also benefit from supply chain diversification.
The Benefits of Outsourcing Procurement Services to Consultants
Procurement Freelancers
AUGUST 22, 2023
To pursue efficient operations and stronger financial performance, organisations are leveraging external procurement resources. The… The post The Benefits of Outsourcing Procurement Services to Consultants first appeared on Procurement Blog | Procurement & Supply Chain News.
7 Leadership Themes for Procurement & Supply Chain Leaders in 2024
Advertiser: GEP
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.
Watch: The Challenges of Migrating to QR Codes
Supply Chain Brain
AUGUST 22, 2023
GS1 is hoping to foster adoption of QR code technology that allows additional information about products in the supply chain to be added along the way.
Will generative AI make the digital twin promise real in the energy and utilities industry?
IBM Supply Chain Blog
AUGUST 22, 2023
A digital twin is the digital representation of a physical asset. It uses real-world data (both real time and historical) combined with engineering, simulation or machine learning (ML) models to enhance operations and support human decision-making. Overcome hurdles to optimize digital twin benefits To realize the benefits of a digital twin, you need a data and logic integration layer, as well as role-based presentation.
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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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Market or roadway mayhem? A fundamental supply chain dilemma
SCMR (Supply Chain Management Review)
AUGUST 22, 2023
The trucking industry is strongly tied to overall economic performance, but the rigidity it faces from labor, equipment, and regulations make it difficult to scale up and down quickly, leading to boom-and-bust cycles.
Walmart, Centric Brands Probing Suppliers Over Potential Cambodian Prison Links
Supply Chain Brain
AUGUST 22, 2023
Some items produced at the Cambodian prison appeared to be linked to Centric Brands, Walmart, Calvin Klein, Tommy Hilfiger and Under Armour.
Analyst Eye on avoiding the supplier silence treatment – the silent slope
Spend Matters
AUGUST 22, 2023
When price rises for raw materials, such as copper or wheat, are market-driven or are defined by market fluctuations, the procurement professional can be sure their supplier will be on the phone to set expectations of cost increases. But it’s not a two-way street. When market prices fall, you can be sure the phone won’t be ringing off the hook! This is what our senior research analyst Bertrand Maltaverne calls the ‘silent slope.
Over 80% of In-Store U.K. Shoppers Have Had Out of Stock Experiences in 2023
Supply Chain Brain
AUGUST 22, 2023
The number of in-store U.K. supermarket shoppers that said they dealt with items being out of stock was up 11% from 2022.
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.
UPS-Teamsters contract ratified following employee vote
Supply Chain Dive
AUGUST 22, 2023
The approval puts an end to a contentious, monthslong negotiations process as the parcel carrier now seeks to recoup diverted volume.
Canada’s Net Zero Policy More Damaging Than Beneficial????
Procurement Insights
AUGUST 22, 2023
Over the past few weeks and months, I have read about the pros and cons of the Net Zero policies of different governments worldwide. There are consistently two schools of thought regarding its positive and negative impact. The following – from yesterday’s Financial Post is one such example: Joe Oliver: The perils of rushing to net-zero electricity (msn.com) With last week’s release of draft Clean Electricity Regulations (CER), Steven Guilbeault, minister of environment and climate
Ford SK On, EcoProBM partner to shorten North American EV supply chain
Supply Chain Dive
AUGUST 22, 2023
The nearly $1 billion EV battery facility in Québec will produce cathode materials for the automaker.
Supply Chain Manager of Tomorrow: Taking supply chain into the future
SCMR (Supply Chain Management Review)
AUGUST 22, 2023
Download this Special Digital Issue where we provide a blueprint to set supply chain leaders up for success.
Next-Gen Procurement: Transforming Processes with the Power of Generative AI
Advertiser: GEP
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.
Under Armour inventory up 38% as stock struggles roll on
Supply Chain Dive
AUGUST 22, 2023
The footwear and apparel brand is searching for a new chief supply chain officer as it tries to reposition its brand and keep inventories from piling up.
Smart Contracts for Services Procurement – Jan Ellerbrock from trueLedger
The Procuretech Podcast
AUGUST 22, 2023
In this episode of The Procuretech Podcast, host James Meads focuses on how technology is shaping the future of the procurement profession with Jan Ellerbrock, founder and CEO of Swiss Smart Contract Platform trueLedger, who discusses smart contracting in the professional services space and how software can help manage services post-contract signature.
Parcel delivery provider Sendle speeds up shipping services
Supply Chain Dive
AUGUST 22, 2023
The company, which targets small e-commerce businesses, has launched two-day and three-day guaranteed options in the U.S.
The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain
Arkestro
AUGUST 22, 2023
Resources / Blog / The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain Food and beverage procurement professionals have had their work cut out for them during the last few years. From keeping food on the table during a global pandemic to maintaining adequate inventory during the war in Ukraine, the sector has become well versed in managing risk and working around the unexpe
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
Macy’s inventory churn holds steady in Q2
Supply Chain Dive
AUGUST 22, 2023
The retailer has focused on merchandise management as it works to maintain margins amid reduced consumer spending.
Consolidated Transactions: A Game-Changer for Managing Finances
Finale Inventory
AUGUST 22, 2023
Finale’s software homepage, highlighting consolidated transactions. In today’s fast-moving world, accounting practices for ecommerce businesses have evolved in leaps and bounds. Finale Inventory’s new feature, consolidated transactions, is reshaping the world of accounting , changing how inventory management software connects to Quickbooks Online.
Spirit AeroSystems’ safety stock minimizes delivery disruption after strike
Supply Chain Dive
AUGUST 22, 2023
The Boeing supplier aims to ramp up 737 production and increase surge capacity for added cushion.
Biden Administration Commits $30M to Build Up U.S. Critical Minerals Supply Chain
Supply Chain Brain
AUGUST 22, 2023
The investment will fund research for a laboratory and the testing of economically viable extraction, separation and refining technologies to produce rare earth elements and critical minerals.
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?
UNFI to open distribution center in Florida
Supply Chain Dive
AUGUST 22, 2023
The one million-square-foot facility will leverage warehouse automation to reduce fulfillment costs.
9 Key Strengths of a Modern Procurement Leader
Procurement Software
AUGUST 22, 2023
Procurement is changing. And so must the contemporary procurement leader. We’re – slowly – moving from being a process obsessed, box-ticking function to being a more value-driven , progressive organisation. One that listens to the business but is also confident enough to challenge them and push back when necessary. As Procurement moves away from being an administrative function that reactively delivers cost savings, the personnel leading it needs a makeover too.
Three lessons from weather forecasting that will improve disease forecasting and outbreak prediction
IBM Supply Chain Blog
AUGUST 22, 2023
The popularity and wide use of weather forecasts has been largely attributable to the dramatic improvement in forecast accuracy. Such improvements have been quantified in recent research showing that modern 5-day weather forecasts are as accurate as 1-day forecasts in 1980. Disease forecasts are not nearly as accurate as modern weather forecasts, as documented in ongoing evaluations of COVID-19 forecast models.
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