Tue.May 02, 2023

article thumbnail

Sustainable Contracts — Embracing Sustainability in Procurement

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Contracts — Embracing Sustainability in Procurement Sustainable contracts allow companies to oblige their suppliers to practice sustainable and ethical practices once they sign them. However, what is it? In this article, we will discuss what sustainable contracts are.

article thumbnail

Bed Bath and Beyond bankruptcy hits Ryder profits

Supply Chain Dive

The logistics company provided distribution management services for the bankrupt retailer.

professionals

Sign Up for our Newsletter

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

article thumbnail

Sustainability in Specifications — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainability in Specifications — Embracing Sustainability Sustainability in specifications allows businesses to ensure that they are following their sustainable requirements to achieve success in sustainability. However, what is it?

article thumbnail

UPS cuts air network costs as shippers flock to ground transport

Supply Chain Dive

With demand falling, the delivery giant is pushing to make more efficient use of its flight capacity.

article thumbnail

Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

article thumbnail

Why the Supply Chain Is the New Customer Experience

Supply Chain Brain

The modern-day supply chain isn’t just about delivering product, but doing so in an efficient and sustainable way.

article thumbnail

General Dynamics calls out supplier Honeywell for late deliveries

Supply Chain Dive

The aerospace and defense giant said the delay in parts is hurting build rate growth.

Suppliers 113

More Trending

article thumbnail

Tesla details its supply chain emissions for the first time

Supply Chain Dive

The EV maker released an estimate of its Scope 3 footprint, while also delving into its efforts to source mineral responsibly.

article thumbnail

Don’t pause AI development, prioritize ethics instead

IBM Supply Chain Blog

The introduction of generative AI systems into the public domain exposed people all over the world to new technological possibilities, implications, and even consequences many had yet to consider. Thanks to systems like ChatGPT, just about anyone can now use advanced AI models that are not only capable of detecting patterns, honing data, and making recommendations as earlier versions of AI would, but also moving beyond that to create new content, develop original chat responses, and more.

Ethics 94
article thumbnail

Osprey, Hydro Flask owner cuts 18% of SKUs in supply chain overhaul

Supply Chain Dive

As Helen of Troy sheds inventory, it’s also finding more opportunities to consolidate its distribution footprint.

article thumbnail

[Pod] An AOP Rebrand 8 Years in the Making w/ Philip Ideson and Kelly Barner

Art of Procurement

“The break in the frame around the new AOP logo represents breaking the status quo, but also thinking outside the. The post [Pod] An AOP Rebrand 8 Years in the Making w/ Philip Ideson and Kelly Barner appeared first on Art of Procurement.

article thumbnail

How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

article thumbnail

Dollar Tree hires Dollar General vet as chief supply chain officer

Supply Chain Dive

Mike Kindy joins the company with 34 years of management experience in retail logistics and distribution center operations.

article thumbnail

When Should My Small Business Create a Procurement Function?

Una

When Should My Small Business Create a Procurement Function? Tips for small business owners on how to implement a procurement function as your organization scales – and before it’s too late. By Hugo Britt | May 2, 2023 Search If you know anyone who is launching a small business – perhaps a family member or former colleague – you could do them a huge favor by explaining why they need to create a procurement function as early as possible.

article thumbnail

Jabil’s Carpenter talks automation, value of end-to-end supply chain evaluation

SCMR (Supply Chain Management Review)

Logistics is playing an ever-increasingly important role in streamlining processes and reducing costs, but automation can’t be implemented in a silo says Jeannie Carpenter, Jabil’s senior director of global logistics.

article thumbnail

ProcureTalk: Geraint John from Interos

Procurement Software

This is the first in a regular series we’ll be doing called ProcureTalk. We’ll be interviewing some of the key figures behind procurement technology companies. Today’s interview is Geraint John. He heads up the resilience lab at Interos , an enterprise risk management software solution. Managing risk in complex supply chains: Geraint John from Interos We’re going to be talking a little bit about supply chain risk and resilience, especially with some of the geopolitical ch

article thumbnail

How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

article thumbnail

Infographic: Sustainability from the inside out

SCMR (Supply Chain Management Review)

The infographic below shows where sustainability ranks among top procurement objectives. It also presents how sustainability factors into procurement goals and the areas of focus for supplier relationships.

article thumbnail

Lawmakers Ask the SEC to Investigate Shein's Supply Chain Before its Reported IPO

Supply Chain Brain

Bipartisan lawmakers are asking the SEC to confirm Shein does not use forced labor from China’s Muslim Uyghur population.

article thumbnail

A running start at predictive procurement orchestration

SCMR (Supply Chain Management Review)

If you’re unfamiliar with PPO, you aren’t alone. Here’s how Westfall Technik discovered it and is turning it into a powerful tool to simplify and streamline procurement.

article thumbnail

Despite Slight Growth for U.S. Manufacturing, the Threat of a Recession Remains

Supply Chain Brain

The Institute for Supply Management said its purchasing managers’ index rose from a three-year low of 46.3% in March 2023 to 47.1% in April 2023.

article thumbnail

A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

article thumbnail

Petrobras SCORs with Transformation

SCMR (Supply Chain Management Review)

To streamline its maintenance parts inventory, the Brazilian oil and gas giant launched a transformation project utilizing SCOR. The result: The avoidance of $786 million in inventory purchases in only 18 months.

article thumbnail

How to Enable Greater Foresight in Supply Chain Management

The Network Effect

The post How to Enable Greater Foresight in Supply Chain Management appeared first on The Network Effect.

article thumbnail

Managing Tail Spend: Strategies for Effective Cost Control

Procurement Foundry

What is tail spend? Tail spend in procurement describes infrequent, low-value purchases that can add up significantly over time. These small purchases may include office supplies, maintenance and repair services, travel, and small equipment purchases. The term "tail" refers to the end of a distribution curve with many small transactions.

article thumbnail

Consultancy vs In-House: Making Widespread Impact in Any Procurement Team with Procurement Consultant at Efficio, Daniel Abda – Episode 74

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Listen on Google Podcasts Listen on Amazon Episode show notes “As a consultant I had direct access to the chief executive. As a secondee, to go anywhere near the chief executive wasn’t going to happen.” The procurement consultancy world has its draws, from intense and varied experiences to, … Continued The post Consultancy vs In-House: Making Widespread Impact in Any Procurement Team with Procurement Consultant at Efficio, Daniel Abda – Epis

article thumbnail

Procurement Is Navigating a Tech Tsunami (and It’s Upending How You Work)

Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.

article thumbnail

Honda Follows Apple model on EVs, Working Directly with Suppliers

Supply Chain Brain

The automaker's new supply chain structure will work directly with parts suppliers on development and production in order to control quality and bring down costs.

article thumbnail

[Pod] An AOP Rebrand 8 Years in the Making w/ Philip Ideson and Kelly Barner

Art of Procurement

“The break in the frame around the new AOP logo represents breaking the status quo, but also thinking outside the. The post [Pod] An AOP Rebrand 8 Years in the Making w/ Philip Ideson and Kelly Barner appeared first on Art of Procurement.

article thumbnail

U.S. Rail Companies Grant Paid Sick Days After Public Pressure

Supply Chain Brain

For years, freight rail workers weren’t allowed to call in sick the morning of their shift.

52