Wed.Feb 08, 2023

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures.

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5 Ways to Use Machine Learning in the Packaging Industry

All Things Supply Chain

Supply chains are embracing digital transformation, and packaging industry technology must evolve to keep up and support this trend.

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How should companies be responding to the current energy market?

Procurement Heads

“How should companies respond to the current energy market?” It’s a question I’ve been asking candidates for my recently retained Category Lead – Energy role at Alliance Healthcare. The energy market in the UK has been a hot topic for months now, with a number of changes taking place that are affecting businesses of all sizes. Currently, wholesale gas and electricity prices have been fixed for firms from October until March 2023, but the help is under review due to the cost.

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Global 3PL Market to Generate Revenue of More Than $2.3 Trillion, Report Says

Supply Chain Brain

The third-party logistics market is expected to experience steady growth in the near future, as companies continue to realize the value of outsourcing their supply chain operations.

Logistics 105
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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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Customer enablement offers supply chain orgs a pipeline to increased revenue

SCMR (Supply Chain Management Review)

A survey released on Tuesday by Gartner has found that less than one-quarter of supply chain organizations have adopted customer enablement to the extent necessary to truly put the customer first.

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In the Face of Uncertainty, Forwarders Double Down on Technology

Supply Chain Brain

As global freight forwarders face falling freight rates, rising interest rates and geopolitical instability, they might be excused for pulling back on technology investments in 2023. But that conclusion couldn’t be further from the truth.

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The Road Ahead: Logistics Industry Predictions for 2023

Supply Chain Brain

Will 2023 herald a return to more “normal” operations in the logistics sector?

Logistics 105
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The Children’s Place took a $65M hit from cotton prices in 2022

Supply Chain Dive

With container and air freight costs, the children’s clothing retailer logged a $135 million impact from heightened supply chain expenses.

Price 86
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DeepStream: Vendor Analysis — E-Sourcing solution overview, roadmap, competitors, analyst insights

Spend Matters

Categories: Procurement Systems & Architecture , Sourcing Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of DeepStream and its solution for e-sourcing, which covers the entire Source-to-Contract (S2C) process. Buyers looking for e-sourcing solutions must consider the current climate of procurement and how new technologies can alleviate their sourcing concerns, such as rising costs, increased maverick spend and poor visibility of sourcing activities.

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UPS’ Ware2Go expands footprint, boosts services for Amazon sellers

Supply Chain Dive

The on-demand warehousing provider now has access to facilities in Baltimore, Las Vegas and Memphis through a deal with e-commerce platform Whitebox.

Demand 72
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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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3 products that may be harder to find in 2023

Strategic Sourceror

Since 2020, the year COVID struck, product shortages have been routine. From toilet paper to hand sanitizer to N-95 masks and semiconductors, items that are typically easy to obtain were suddenly hard to come by, a product of elevated demand, panic buying and supply chain disruptions. Those goods are largely back in stock and the health of the supply chain may be better, but shortages still persist.

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10 Ways Procurement Can Cut Costs

Una

10 Ways Procurement Can Cut Costs This Year Back-to-basic cost reduction strategies that generate 10 ways procurement can cut costs, generate savings, and demonstrate the function’s value. By Hugo Britt | February 9, 2023 Search CFO: Welcome back! I hope you had a restful break over the holiday season – you’re going to need it. CPO: Why? CFO: Because this year I’m challenging you with a higher-than-ever cost savings target!

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4 Types of Supply Chain Control Towers

The Network Effect

The post 4 Types of Supply Chain Control Towers appeared first on The Network Effect.

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How to Win at ESG by Empowering Suppliers

HICX

By Costas Xyloyiannis, CEO of HICX Good supplier data is a function of good supplier engagement. In the early 2000s I was a recent software engineering graduate. Along with a friend and fellow graduate, I landed some project work with a major pharmaceutical company. The CEO, who had just signed up to the UN Global Compact, needed to know how sustainable their supply chain was.

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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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If You Want An Efficient Supply Chain, Don’t Mess With Your Suppliers

Let's Talk Supply Chain

The past few years have been challenging as far as supply chain goes, and it doesn’t look like things will improve any time soon. IndustryWeek recommends that manufacturers minimize their risk and exposure by implementing digitalization strategies and a management operating system that provides better visibility across the supply chain and improving data capture and integrity.

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Maersk Exec Concerned About River Droughts

Supply Chain Brain

During the summer months of 2022, record low water levels on the Rhine meant some vessels were able to carry just 25% of their usual load, so as not to risk running aground on the riverbed.

Risk 52
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JAGGAER to join world leaders in technology at LEAP, Saudi Arabia’s leading global tech event

Jaggaer

The post JAGGAER to join world leaders in technology at LEAP, Saudi Arabia’s leading global tech event appeared first on JAGGAER.

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Boeing Set to Score 15 Max Jet Order From Hong Kong Airline

Supply Chain Brain

Boeing plans to launch mainland Chinese flights to Beijing and Shanghai and to Osaka in central Japan, according to the company’s website.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Vendor Management: The Good, The Bad, and The Ugly

CPO Rising

Join Ardent Partners and Evisort on February 28th from 2:00 PM to 3:00 PM ET for a discussion on Vendor Management: The Good, The Bad, and The Ugly. In this age of globalization and innovation, supplier performance continues to have a more direct and immediate impact on a company’s revenues and customer satisfaction.

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Disney Announces 7,000 Layoffs

Supply Chain Brain

Disney, which is under pressure to turn a profit from its global streaming business, said it would reorganize into three segments.

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“I’m not a risk taker by nature” – How a founder went back to his roots to build the go-to digital procurement event

Spotlight on Procurement

Matthias Gutzmann, Founder of Digital Procurement World (DPW), shares his entrepreneurship journey.

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Maersk Sees Global Trade Contracting as Much as 2.5% in 2023

Supply Chain Brain

The “overconsumption of goods” is now leading to a “sharp correction” in demand, the Danish company said in a report.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.