All Things Supply Chain
NOVEMBER 27, 2023
With eco-friendly operations becoming more popular, many companies are considering a switch to electric-powered fleets. In fact, Statista projects that 60% of forklifts sold worldwide in 2030 will be electric.
ProcurePort
NOVEMBER 27, 2023
Procurement as a Compliance Driver: Thorough vendor due diligence is essential, encompassing financial stability, adherence to labor laws, environmental practices, and ethical conduct. Proactively including compliance requirements in contracts ensures clarity, with regular audits facilitating continuous improvement and maintaining a compliant supply chain.
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Let's Talk Supply Chain
NOVEMBER 27, 2023
It’s been a while since we brought you an episode of Thoughts and Coffee on Let’s Talk Supply Chain, but this recent episode was too good not to share. Because it was hosted by, not one, but two of our super talented live show hosts. Dyci Sfregola, host of Action Items, and Hope White, host of No Bullshipping, sat down to discuss how AI is changing the game when it comes to supply chain sustainability.
Supply Chain Dive
NOVEMBER 27, 2023
The alcohol distributor expects the upgrades to improve fill rates, order accuracy and increase capacity of its existing facilities.
Speaker: Shalini Dinesh
Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.
SCMR (Supply Chain Management Review)
NOVEMBER 27, 2023
Companies across sectors are increasingly shifting manufacturing away from China in an effort to reduce vulnerability and exposure to rising labor costs. Research from Moody’s finds that large global apparel companies may fare the best when diversifying.
Supply Chain Brain
NOVEMBER 27, 2023
Logistics service providers are armed with expertise, data, technology and C-level executives who will listen to them, says Mike Riegler of One Network Enterprises.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Brain
NOVEMBER 27, 2023
Without visibility into Scope 3 emissions, companies lack the data to fully account for and demonstrate their carbon impact and risk to investors and partners.
Supply Chain Dive
NOVEMBER 27, 2023
Here are five workforce-related issues procurement teams should consider when analyzing their supply chains.
Supply Chain Brain
NOVEMBER 27, 2023
It’s unlikely that the Panama canal will be able to increase traffic until the rainy season starts in mid-2024, according to experts.
Supply Chain Dive
NOVEMBER 27, 2023
ZF Group's investment will upgrade the transmission plant's equipment to keep pace with the automakers' EV plans.
Advertiser: GEP
Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.
Supply Chain Brain
NOVEMBER 27, 2023
The companies say a vessel using the rotor sails can achieve a reduction of around 8% of fuel and GHG emissions, while maintaining speed and travel time.
IBM Supply Chain Blog
NOVEMBER 27, 2023
According to a Gartner® report , “By 2026, more than 80% of enterprises will have used generative AI APIs or models, and/or deployed GenAI-enabled applications in production environments, up from less than 5% in 2023.”* However, to be successful they need the flexibility to run it on their existing cloud environments. That’s why we continue expanding the IBM and AWS collaboration, providing clients flexibility to build and govern their AI projects using the watsonx AI and
Supply Chain Brain
NOVEMBER 27, 2023
Amazon has delivered more than 4.8 billion packages in the U.S. this year, and predicts it will deliver around 5.9 billion parcels, up from 5.2 billion last year.
Positive Purchasing
NOVEMBER 27, 2023
Public Sector: The Future Starts Here Kick-start 2024 with the year’s largest public sector gathering! The Public Procurement and Purchasing Innovations Conference is the must-attend event for those steering, developing, and optimizing public services. It is expected to attract over 4000 visitors, over 2000 delegates, over 250 exhibitors and over 250 speakers!
Speaker: Paul Heller
Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro
Supply Chain Brain
NOVEMBER 27, 2023
The ocean carrier said the new service will be conducted via a fleet of nine vessels, all of which are operated by ONE.
Una
NOVEMBER 27, 2023
Convincing Gen Z to Choose Procurement Learn how to capture the attention of Gen Z and convince them that procurement is a career that aligns with their values and aspirations. By Hugo Britt | November 28, 2023 Search Search Gen Z currently makes up almost one-third of the world’s population and will account for 27% of the workforce by 2025 – but are they interested in joining your procurement team?
Finale Inventory
NOVEMBER 27, 2023
Change can be daunting. The thought of integrating a new system or tool into your current process can often feel like preparing to climb a mountain – strenuous and time-consuming. But what if we told you that with Finale, it’s more like a stroll in the park?…because that’s our goal, and we’ve been told it’s the reality for our new users! At Finale, we’ve meticulously crafted our onboarding experience to be as painless and efficient as possible, recognizing the unique challenges faced
Procurement Insights
NOVEMBER 27, 2023
“On Nov. 21, Harvard Business Review reported on how Scoutbee ’s customers, Unilever and Siemens , use our AI-powered solutions to swiftly find and engage with alternative suppliers during unexpected disruptions.” – Scoutbee LinkedIn post (Nov. 22nd, 2023) Two immediate thoughts came to mind when I saw the above post regarding the HBR article on Scoutbee clients Unilever and Siemens’ success in leveraging the company’s technology to find alternative suppliers
Advertiser: GEP
AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.
Negotiations Ninja
NOVEMBER 27, 2023
How do you protect your margin? If someone wants to negotiate the price of a deal, how do you navigate that as a salesperson? In a recent episode of Negotiations Ninja, Steve Benson emphasizes, “Where there is a price, there will always be objections to that price—especially in this economy.
Supply Chain Brain
NOVEMBER 27, 2023
Why do supply chain projects often fail?
Fraxion
NOVEMBER 27, 2023
In modern business, the seamless management of procurement processes from initiation to final payment has become crucial for ensuring operational efficiency and financial transparency. To achieve this, organizations are increasingly turning to procure-to-pay software, solutions designed to streamline and optimize the entire procurement lifecycle.
CPO Rising
NOVEMBER 27, 2023
In part 1 of this series, we introduced and framed the familiar topic of suites vs. specialists in the procurement solutions space. And last week in part 2, we looked at the benefits of selecting the broader suite approach.
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Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.
Supply Chain Dive
NOVEMBER 27, 2023
After years of focusing on supply chains’ role in the economy, President Joe Biden is expanding high-level meetings on the topic.
Supply Chain Brain
NOVEMBER 27, 2023
The Houthis have promised to target Israel over its war against Hamas in the Gaza Strip, declaring themselves part of an "axis of resistance" of Iran-affiliated groups.
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