Wed.Aug 16, 2023

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The Big Interview with Fraser Macdonald

Procurement Heads

For Procurement Heads’ latest Big Interview, he spoke with  Sagar Bhardwaj  about his procurement career. How did you get into Procurement? My career in procurement started when I completed my apprenticeship in business and administration at 17, working within the local authority where I was part of the property management and investment team and was involved in the publication of pin notices, quick quotes and mini competitions.

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From Peril to Preparedness: Navigating Supply Chains Amid Changing Climate Dynamics

SCMR (Supply Chain Management Review)

Extreme weather events that were once considered anomalies are now becoming part of our daily lives. Artificial intelligence is providing new opportunities for supply chains to mitigate some of these risks.

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From Awareness to Action: The Battle for Safer Food in an Era of Rising Recalls

Supply Chain Brain

Imagine a world where technology is used to connect a finished food product with its own supply chain data, as well as any information pertaining to sources for its ingredients.

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Yellow’s top 30 unsecured creditors may see little or no money

Supply Chain Dive

The government’s estimated 30% stake in the bankrupt company puts it first in line for funds raised through sales of the LTL carrier’s assets, an expert says.

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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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Ghana Unlikely to Fulfill All Cocoa Contracts After Weak Harvest

Supply Chain Brain

Farmers in the West African nation are expected to see the lowest output since 2010 in the season that ends September 2023, missing official forecasts by nearly a quarter.

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The Market Speaks: Procurement practitioner requirements and the tech vendor response — JAGGAER

Spend Matters

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

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What’s behind the summer of supply chain labor unrest?

Supply Chain Dive

From port disruptions to UPS and Yellow's dust-ups with the Teamsters, disputes between unions and employers are a recurring threat to the steady flow of goods.

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DP World Adding 3M TEU of Handling Capacity in 2023

Supply Chain Brain

The expansion includes 1.2 million additional TEUs in the Dominican Republic, a projected 579,000 TEUs in Turkey, 500,000 more TEUs in Egypt and 200,000 additional TEUs in Saudi Arabia.

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US Postal Service cuts aircraft volume by more than 90%

Supply Chain Dive

The reduction puts the agency on pace to trim yearly air transport costs by about $1 billion, Postmaster General Louis DeJoy said.

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Indonesia Delays $20B Energy Transition Fund Investment Plan

Supply Chain Brain

Officials said the delay will give technical experts more time to prepare a pathway for the power sector's transition and provide a window for public comment before the plan is finalized.

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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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Walmart Supply Chain: Building a Successful Integrated Supply Chain for Sustainable Competitive Advantage

SCMDOJO

Introduction The global business landscape has witnessed an increasingly fierce competition, pushing companies to seek effective strategies to maintain and enhance their competitiveness. Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

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Kraft Heinz names next CEO

Supply Chain Dive

Carlos Abrams-Rivera will take the helm of the CPG giant in January, after leading the company's North American operations since 2020.

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Indonesia Files Dispute with WTO Over EU's Tariffs on Biodiesel Fuel Imports

Supply Chain Brain

Indonesia argued that the EU’s duties and the investigation that led to the bloc imposing the tariffs are inconsistent with WTO provisions.

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6 considerations to take when approximating cloud spend

IBM Supply Chain Blog

Cloud computing can add a collective $3 trillion to organizations that harness it correctly, according to McKinsey. It is poised to transform businesses and industries, revolutionize how employees and other stakeholders collaborate, and drive digital transformation initiatives. Many organizations have spent the past few years investing heavily in the cloud.

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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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USDA Lowers Global Rice Trade Forecasts in 2023, 2024

Supply Chain Brain

The USDA reduced its forecast of global rice exports by 1.9 million tons for 2023 and 3.4 million tons for 2024.

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How continuous automated red teaming (CART) can help improve your cybersecurity posture

IBM Supply Chain Blog

It is not a matter of if an organization will be compromised, but when. An adept, well-resourced and experienced attacker could very well be your worst cyberthreat nightmare. Fortunately, if your organization engages a red team, an ethical hacker could also be your best friend. Conducting red team testing is the most realistic way to validate your defenses, find vulnerabilities and improve your organization’s cybersecurity posture.

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Cost-Savings vs. Investments: Understanding the Economics of Warehouse Automation

Supply Chain Brain

In this webinar, Stanislas Normand, the Managing Director of Exotec North America, will delve into the economic impact of warehouse automation and provide actionable advice to supply chain managers evaluating solutions for their businesses.

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IBM’s dedication to responsible computing

IBM Supply Chain Blog

In response to concerns faced by corporations about the impact of technology on our environment, IBM founded the Responsible.Computing() movement, creating a membership consortium with Dell that is managed by the Object Management Group. Customers and partners expect responsible corporate policies and practices, and they also build loyalty with employees.

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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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Episode 128: Large Sports & Entertainment Venue Services Procurement with Matt Mehler

Una

EPISODE 128 Large Sports & Entertainment Venue Services Procurement with Matt Mehler By Kelly Barner | August 16, 2023 Most of us have attended a concert or sporting event at a large venue at some point in our lives. Maybe you saw a hockey game, or a Billy Joel Concert, or a comedian. Regardless, you probably didn’t stop to think about the procurement effort required to bring that event to life and create an exceptional audience experience.

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Exploring the risks and alternatives of ChatGPT: Paving a path to trustworthy AI

IBM Supply Chain Blog

You are making a smoothie for your friends to enjoy. Already mixed with assorted fruit and yogurt, your friend Ruchir arrives with a ripe apple and gives it to you to complete your refreshing masterpiece. Now complete, you can almost still smell the hint of apple as the drink is being poured. Before your first sip, Ruchir says, “I’ve changed my mind, I need to leave and would like my apple back.” You reply, “Ah, excuse me but that’s just not possible.” We̵

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Procurement News — August 16, 2023

CPO Rising

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders. Contact us with your news story here.

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Quik Pic – 5MB in 1955

Procurement Insights

Imagine the challenge of analyzing this data.

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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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355: Blended – Anxiety

Let's Talk Supply Chain

Welcome back to Blended! It’s episode 35, I’m joined by another new panel of powerhouse professionals, and today, we’re talking about anxiety. Anxiety disorders are the most common mental illness in the US, affecting 40 million adults – that’s nearly 20% of the population! – every single year. And it’s common for someone with an anxiety disorder to also suffer from depression.

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