Tue.May 02, 2023

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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.

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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 101
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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?

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Watch: Five Emerging Trends in Supply Chain and Logistics Technology

Supply Chain Brain

Demi Obayomi, vice president of Sapphire Ventures, discusses mainstreaming supply chain visibility, the critical role of the customer experience, and the need for comprehensive risk management.

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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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Bed Bath and Beyond bankruptcy hits Ryder profits

Supply Chain Dive

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

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[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.

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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.

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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.

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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.

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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.

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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.

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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.

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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

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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.

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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.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

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.

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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.

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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

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[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.

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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.

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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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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.

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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.

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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.

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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.

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GEP Procurement & Supply Chain Tech Trends Report

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?

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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.

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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.

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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.

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