Wed.Oct 05, 2022

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1 in 5 businesses admit to greenwashing with half saying their sustainability efforts are failing, poll finds

Procurement Heads

A further one in four (24%) executives admit they do not know if their sustainability efforts are making any positive difference at all, and 20% say they are unaware if their business has any metrics in place to measure the effectiveness of their environmental initiatives in the first place. Only 19% of respondents believe that their business is making genuine progress on its sustainable initiatives.

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KPIs in Supply Chain — Everything You Should Know?

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. KPIs in Supply Chain — Everything You Should Know. KPIs in the supply chain are important as the supply chain is the backbone of any modern business. Without it, many companies will fail to deliver their products which will affect their profitability and brand. .

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Measuring the Right Supplier Performance Metrics

ProcurePort

• Quality and timely supplies lead to business process efficiency, increased accuracy, and improved productivity. Unfortunately, you cannot have quality and on-time supplies from your vendors without a well-defined, streamlined, and effective procurement and requisition strategy. • Selecting the best suppliers is the first step to getting quality, affordable, and timely deliveries.

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How Artificial Intelligence Bolsters Global Supply Chains

Supply Chain Brain

The continued disruption of supply chains suggests that the challenges of the COVID-19 era have been more than a blip in an otherwise stable period of global business. It’s time to take proactive action to prepare.

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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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Year-end accounting checklist: How to close the fiscal year

Spendesk

The end of the fiscal year is a critical time for finance teams. Each year, finance professionals bury their heads in the books to prepare their end-of-year accounts, statements, and financial reporting.

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The Trucking Industry Needs to Prepare for the Q4 Retail Boom

Supply Chain Brain

Retailers are stuck with questions: What happens if there aren’t enough drivers to transport products on time? How do we get more drivers with profits down? And how do we provide a cushion for elevated diesel costs?

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Boeing’s China Orders Dry Up on U.S. Tensions in Boost for Airbus

Supply Chain Brain

Boeing missed out on a 40-plane deal in September, following an even bigger hit in July, when China ordered nearly 300 Airbus aircraft worth about $37 billion at sticker prices.

Price 105
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What is the Warehouse Role in Fulfilment?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Warehouse Order Fulfillment Articles! There is nothing new about warehousing. Written records from ancient civilizations refer to the storage of items in bulk so that they can be used at a later date. The Bible records Egyptian people storing the surplus of agricultural goods so that they could be used in times of famine.

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Much-Needed Canadian Grain Piles Up Amid Fear of Rail Bottleneck

Supply Chain Brain

Shippers are worried about the railways’ ability to haul grain, as Canadian farmers harvest the nation’s third-biggest wheat crop on record and 42% more canola than a year ago.

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Episode 85: Revolutionizing the Acquisition Experience with Jaime Gracia

Una

Episode 85: Revolutionizing the Acquisition Experience with Jaime Gracia. By Kelly Barner | October 5, 2022. When you think about frictionless procurement and leading customer experiences, the federal government is probably not the first entity that comes to mind. And yet, the work that they are doing internally and in collaboration with their supply partners is truly transformational.

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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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Merck in Deal With Sinopharm to Bring Covid Pill to China

Supply Chain Brain

The deal with Chinese state-owned drug-maker Sinopharm to import and market its antiviral molnupiravir in China is a sign the country is considering more COVID-19 medicines from overseas developers.

Import 96
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DHL Supply Chain to hire 12,000 warehouse employees ahead of peak season

Supply Chain Dive

The company said it also plans to increase its use of robots amid industrywide labor challenges.

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U.S. Logistics Managers’ Gauge Rises for First Time Since March

Supply Chain Brain

The Logistics Managers’ Index increased to 61.4 in September from 59.7 a month earlier, the report posted online Oct. 4 showed.

Logistics 105
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Micron to slash chip spending amid inventory glut

Supply Chain Dive

“Inventory levels are high and they’re going to be higher,” CFO Mark Murphy said on the chipmaker’s Q4 earnings call.

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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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xSuite Vendor Analysis — P2P solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Accounts Payable , Invoicing , P2P , Purchasing , Requisition / PO Management , SAP Tags: PRO xSuite is a set of add-on solutions for SAP’s procure-to-pay (P2P) processes. xSuite targets organizations that want an easier time using the SAP ERP modules Material Management (MM) and Financial Accounting (FI). It started operations in Ahrensburg, Germany, and has since expanded to other territories including North America, Europe and APAC.

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Inflation Reduction Act heats up market for critical metals in EV batteries

Supply Chain Dive

The U.S. “is far behind other nations — even Europe, but especially China — in manufacturing batteries," one expert said.

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Procurement in a Changing World

Procurement Foundry

Across the world, a widespread procurement evolution is occurring. Numerous procurement reforms, constantly changing trends, and other unforeseen circumstances in the market have spurred on this evolution. To address these changes and stay ahead of the competition, procurement professionals must pivot and adapt quickly. This pivot includes those in charge of vendor management systems, supplier management, and more.

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FedEx Express, pilots union request federal mediator to resolve contract dispute

Supply Chain Dive

The delivery giant stressed that the move will have no impact on its operations or service to customers.

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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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Stop Relying on Excess Inventory as an Insurance Policy

Supply Chain Brain

For some supply chain managers, the upheavals of recent years have justified their entrenched approach of relying on excess inventory as an insurance policy. They’ve learned the hard way that old methods don’t cut it anymore.

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Success with E-Auctions – Jacob Gorm Larsen from Moneyball CPH

The Procuretech Podcast

Welcome back to The Procuretech Podcast! We're continuing with our mini series where we ask influencers and industry experts for their thoughts and nuggets of advice on everything that's happening in the digital procurement world. Today we're talking about E-Auctions and E-Sourcing. Depending on how the technology's been deployed, some people might be sceptical about this topic.

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How Macy’s Has Avoided — So Far — the Inventory Pileup Plaguing Other Apparel Chains

Supply Chain Brain

The department store chain has so far avoided the worst of an inventory pileup because it acted early and aggressively on data signaling worrisome sales trends.

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Technology Round-Up — October 5, 2022

CPO Rising

CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.

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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.

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GEODIS Unveils New Cross-Border Delivery Service

Supply Chain Brain

Michael Lamia, senior vice president of GEODIS MyParcel, introduces the company's new direct-to-consumer cross-border delivery service to 28 countries.

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Accelerate organizational resilience using a spend management system

Fraxion

What is organizational resilience? Organizational resilience is defined as the ability of an organization to thrive, adapt, and expand during times of uncertainty.

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How Can Companies Near-shore Manufacturing Successfully to Mexico?

Supply Chain Brain

Mexico is becoming an increasingly popular destination for near-shoring among American businesses, but there are many pitfal.

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A Cognitive Control Tower Will Enable Actionable Visibility!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Control Tower – Is Yours Real or Smoke and Mirrors? In my last article, I spoke about the hesitancy standing in the way of multi-tier visibility. But once you have that visibility the journey has only just begun. The end result will require you to have a Cognitive Control Tower.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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An Optimized, Frictionless Commerce Platform Solves Five Supply Chain Challenges

Supply Chain Brain

What are the toughest challenges now disrupting supply chains, and how can frictionless applications solve them?

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Unprecedented Year Increases Los Angeles Port Emissions

Supply Chain Brain

Ships at anchor and supply chain challenges have impacted the results of the 2021 Air Emissions Inventory.

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Choosing Logistics Software: To Build or to Buy?

Supply Chain Brain

Companies looking to acquire technology must first ask themselves one key question: Do we buy the software, or build it ourselves? .