Tue.Sep 12, 2023

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THE BIG INTERVIEW WITH LAURA DANIEL

Procurement Heads

For Procurement Heads’ latest Big Interview, Laura spoke with Gemma Burman about her career in procurement and what challenges she and other procurement leaders currently face in the industry. How did you get into Procurement? So, like most people, I didn’t choose procurement. I think it chose me. I started my career at nPower, a large utility company.

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Amazon unveils end-to-end supply chain services

Supply Chain Dive

Through Supply Chain by Amazon, sellers can have Amazon handle their logistics from manufacturers to customers.

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Trending Sources

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Where AI Actually Matters in the Supply Chain

The Network Effect

AI is big in supply chain management, but there are places it is ideally suited to, and other areas that are highly problematic. Ranjit Notani explains.

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Kroger and Albertsons Plan to Sell 413 Stores, Kroger Gains Supply Chain Efficiencies

Supply Chain Brain

Kroger said it has achieved “meaningful operational efficiencies” in its supply chain through improved transport capacity utilization and increased productivity in its warehouses and across its network.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Wawa debuts first-ever electric truck

Supply Chain Dive

The c-store chain will run a six-month pilot program in partnership with Penske in order to “test and learn” more about this side of the electric vehicle space.

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5 Common Myths About GPOs

Art of Procurement

At Categorypalooza 2023, Brian Halpin, VP and General Manager at Procure Analytics, led a session on the complexities and opportunities. The post 5 Common Myths About GPOs appeared first on Art of Procurement.

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Investors call for Nike to pay $2.2M in owed wages to supply chain workers

Supply Chain Dive

Ahead of the sportswear giant’s annual meeting this week, investors are asking the company to avoid similar cases in the future.

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Do More with the Same in Logistics and Distribution

SCMR (Supply Chain Management Review)

Download this new white paper to learn best-practice strategies that can help your company do more with the same — optimizing your workforce to weather the current economic climate and pave a successful path forward.

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It’s National Truck Driver Appreciation Week!

Supply Chain Brain

The ATA invites everyone to join in celebrating truck drivers by sharing a message on social media, tagging ATA and using the hashtags #NTDAW23 and #ThankATrucker.

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Digital Supply Chain Tops ASCM’s Top 10 Supply Chain Trends for 2024

SCMR (Supply Chain Management Review)

The ASCM top 10 supply chain trends for 2024 feature a new number one, but technology trends still dominate the top five overall.

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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.

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Corporate Investments in Supplier Diversity Remain Strong, Despite Challenges

Supply Chain Brain

Eighty-nine percent of companies expect to maintain or increase support for supplier diversity, according to Supplier.io’s 2023 State of Supplier Diversity Report.

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Analyst Eye on intake management solutions – Where are they going?

Spend Matters

The term ‘intake management’ has existed for years in a procurement context, but only relatively recently has its role become firmly implemented within the source-to-pay (S2P) software market. That is a result of the added value procurement is required to bring to stakeholders, the need for process user friendliness and adoption, and the so far weakly implemented management of the front end of the end-to-end procurement process.

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Flexport’s new product launch builds on Shopify Logistics acquisition

Supply Chain Dive

Flexport Revolution advances the company's push to provide fulfillment services tailored for small- and medium-sized businesses.

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Don’t master AI. Be a Master of Your Business Process!

Supply Chain Trend

Seeing through the AI razzle dazzle Everything seems to be AI these days, which can become overwhelming when you have to think about how it can be used in your industry or business process. All whilst the market is screaming from all directions with their AI message. The AI razzle dazzle will continue. It will probably accelerate. Expect a ChatGPT every one or two years.

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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

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How Prominent Video Game Technology is Changing Industrial Training and Manufacturing

Supply Chain Brain

Managers of manufacturing and training operations will need to see a faster ROI if this technology hopes to become a staple of supply chains.

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UK Government tests frictionless trade models with Ecosystem of Trust pilots

IBM Supply Chain Blog

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The pilots made supply chain data directly accessible to the government, used new technologies to preserve goods’ physical integrity and considered how trusted relationships could enable certain controls to be performed by industry rather than the government.

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Drug Supply Chain Security Act enforcement delayed until 2024

Supply Chain Dive

The extension aims to help healthcare supply chain partners develop and refine their systems for electronic data sharing.

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ABC Classification in Inventory Management: Everything You Need To Know

SCMDOJO

In the dynamic landscape of supply chain and inventory control, understanding the value and significance of each item in your stockpile is paramount. ABC classification offers a structured approach to categorize products based on their importance. In this blog, we’ll delve into the core concepts of ABC classification, provide step-by-step instructions on how to implement it, and shed light on its manifold benefits.

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How One Manufacturer Used GEP SOFTWARE To Save $45M in Direct Material Sourcing

For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. Multiple legacy systems prevent procurement from standardizing processes and tracking what they’re spending with each supplier. In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.

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3 steps to unlock spend synergies through unified language

Spend Matters

This content does not express the views or opinions of Spend Matters. As a procurement professional myself, I have witnessed and been part of many procurement teams of different maturity levels and sizes. Their shared mission? Enabling business objectives — whether it’s growth, innovation, cost-cutting, compliance or risk management — by gaining control over the addressable spend across the company.

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Estée Lauder hires new procurement chief

Supply Chain Dive

The cosmetics giant tapped Quentin Roach to oversee its strategic supplier relationships and help drive innovation with its partners.

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Warehouse Layout Optimization for Efficient Inventory Management

SCMDOJO

Warehouses seem like a confusing maze filled with rows of shelves, stacks of goods, and a beehive of activity. Have you ever thought about how these warehouses are actually designed? Or how the warehouse staff always seem to know exactly where everything is located? This is where warehouse layout optimization come into play. Welcome to the world of smart warehouse layout optimization – where the right planning, designing, and execution can take the space from chaotic to systematic!

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FMC asks shippers, transportation providers to weigh in on data initiative

Supply Chain Dive

Questions for stakeholders focus on data-sharing and the costs of current constraints.

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ABM Success Recipe: Mastering the Crawl, Walk, Run Approach

Shifting to an account-based marketing (ABM) strategy can be both exciting and challenging. Well-implemented ABM motions build engagement with high-value accounts and drive impactful campaigns that resonate with your audience. But where do you begin, and how do you progress from crawling to running? Watch now as Demand Gen experts delve into the essentials of each stage of the ABM process.

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Debunking observability myths – Part 5: You can create an observable system without observability-driven automation

IBM Supply Chain Blog

In our blog series, we’ve debunked the following observability myths so far: Part 1: You can skip monitoring and rely solely on logs Part 2: Observability is built exclusively for SREs Part 3: Observability is only relevant and beneficial for large-scale systems or complex architectures Part 4: Observability is always expensive In this post, we’ll tackle another fallacy that limits the potential of observability —that you can create an observable system without observability dr

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Planned Work: The Strategic Advantage Every CPO Must Know

Procurement Foundry

Introduction In the realm of modern business operations, procurement has evolved from being a mere transactional process to a strategic function that directly influences a company's success. Central to this evolution is the concept of planned work in procurement. This article delves into the crucial aspects of planned work in procurement and why considering procurement orchestration is valuable.

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Rutgers Business School to Host Arkestro’s Museum of Procurement

Arkestro

Press Releases / Rutgers Business School to Host Arkestro’s Museum of Procurement Rutgers Business School to Host Arkestro’s Museum of Procurement One of a Kind Museum Celebrating Procurement’s Storied History and Exciting Future to Take Semester-Long Stop in Newark, NJ NEWARK, NJ and SAN FRANCISCO, CA, September 12, 2023 – In an era when procurement has taken center stage, Arkestro’s Museum of Procurement will begin an interim residence at Rutgers Business School in Newark, NJ, following an exh

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Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend.

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The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment

From new pricing strategies and material substitutability to alternative suppliers and stockpiling, a new GEP-commissioned Economist Impact report reveals that enterprises are adopting a variety of approaches underpinned by data and technology. In "The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment," you'll find lessons from AT&T and GSK on managing today’s supply chain disruptions.

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Watch: Big & Bulky Home Delivery Needs a Major Overhaul

Supply Chain Brain

Shobhit Elhance, vice president of business development at LogiNext, discusses the pain points faced by shippers and carriers in the delivery of big and bulky items.

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ContractSafe Wins Big in the G2 Fall 2023 Awards

ContractSafe

It’s official. ContractSafe is the easiest contract management solution to work with and the most likely to be recommended. But don’t take our word for it!

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Procuretech in the Middle East – Iyad Aldalooj from Penny Software

The Procuretech Podcast

In this episode of The Procuretech Podcast, host James Meads welcomes Iyad Aldalooj, founder and CEO of Penny, a source-to-pay solution and B2B marketplace, based in Saudi Arabia. They discuss the challenges and nuances of the procurement technology space in the rapidly developing Middle East and Gulf region. Tune in for an insightful conversation on the future of procurement in the Middle East.

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Leveraging Procurement Software with ERP Integration

Fraxion

The advantage of procurement software with ERP integration Companies are looking for ways to stay competitive, and it is no secret that having efficient and streamlined processes is vital to staying ahead of the curve. One critical aspect of business operations is Enterprise Resource Planning (ERP), a comprehensive software system that integrates various departments and functions within an organization.

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How Intent Data Helps Marketers Convert A-List Accounts

One of the biggest challenges for any B2B marketer is understanding your prospects’ next move — who is most likely to buy and when. Without these insights, marketing campaigns can feel more like guesswork, with high investment and little return. We’re here to tell you there’s a better way. By tracking buyers’ digital footprints and online activity, such as website visits, product reviews, and spikes in content consumption, you can engage prospects with a message that really resonates.