Thu.Mar 30, 2023

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Focusing Beyond Cost in Procurement

Una

Pain Points in Procurement Series Focusing Beyond Cost in Procurement to Drive Value Practitioners who are focusing beyond cost in procurement are shifting stakeholder mindsets about the value the function can bring to the organization. By Hugo Britt | March 30, 2023 Search Welcome to Una’s Pain Points in Procurement series. Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges.

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The Future of EDI for Supply Chains

Let's Talk Supply Chain

Electronic Data Interchange (EDI) was introduced in the 1960’s to allow businesses to communicate key business transactions such as purchase orders, advanced shipping notices, and invoices electronically instead of via paper providing fewer errors and more efficiencies. The concept was and still is great, it’s the execution that has failed.

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Fashion makes ‘extremely disappointing’ progress on climate

Supply Chain Dive

An environmental group’s index found most companies lag in efforts to reduce emissions, particularly in areas like materials and shipping.

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The Pros and Cons of ‘Friend-Shoring’ Production

Supply Chain Brain

The multiple crises of the past few years are causing American businesses to consider “friend-shoring,” or the placement of manufacturing in countries with shared values.

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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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Sean Wallingford settles in as president & CEO of Swisslog Americas

SCMR (Supply Chain Management Review)

Sean Wallingford, the new president & CEO of Swisslog Americas, believes the region is poised for growth as it looks to accelerate technological solutions.

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How Serta Simmons Bedding is optimizing manufacturing efficiency

Supply Chain Dive

The retailer will implement digital supply chain software to improve forecast accuracy and lower costs.

More Trending

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Blue Nile to lay off 119 workers, close Seattle fulfillment center

Supply Chain Dive

The company will centralize services in New York City, where some employees could also relocate.

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How Starlink's Innovative Mesh Network Principles Can Revolutionize the Logistics Industry

Supply Chain Brain

Mesh networks can handle fluctuations in supply and demand, optimize routes, and create transparency and accountability in the supply chain, increasing efficiency, reducing costs, and improving customer satisfaction.

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[Pod] Procurement 6 – March 31st, 2023

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post [Pod] Procurement 6 – March 31st, 2023 appeared first on Art of Procurement.

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Southwest Says Extreme Weather Is a Growing Concern for Airlines

Supply Chain Brain

The carrier is changing the way it forecasts and responds to severe storms as part of a series of reforms to prevent a repeat of the late December 2022 disruptions.

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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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[Pod] Facilitating Differentiated Decision Making | Part 4: Crossing the Data to Action Gap w/ Sammeli Sammalkorpi

Art of Procurement

In this four-part special series, host Philip Ideson speaks with members of the Sievo team. In each episode, we discover. The post [Pod] Facilitating Differentiated Decision Making | Part 4: Crossing the Data to Action Gap w/ Sammeli Sammalkorpi appeared first on Art of Procurement.

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U.S. Department of Justice Sues Norfolk Southern Over Ohio Train Derailment

Supply Chain Brain

Meanwhile, it emerged that a team of government officials became sick while investigating the health effects of the toxic train derailment, when they visited the Ohio site earlier this month.

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The Rebound Podcast: The roadmap to future-ready your workforce.

SCMR (Supply Chain Management Review)

Digitalizing the business is only step one in a digital transformation. The next step is upskilling the workforce for the digital supply chain.

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Watch: Why a 4PL Over a 3PL?

Supply Chain Brain

4PLs and 3PLs are not mutually exclusive, says Eric Rempel, chief innovation officer at Redwood Logistics. But 4PLs do have other capabilities that logistics managers might want to tap.

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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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NRF forecasts 2023 retail sales to grow 4-6%

SCMR (Supply Chain Management Review)

That’s higher than the pre-pandemic average annual growth rate of 3.6%.

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Is Parcel Consulting Dead?

Supply Chain Brain

In an e-commerce age when it is more important than ever to optimize parcel shipping operations, the question is clear: Is it possible to cut expensive consulting engagements that provide carrier contract analysis and negotiation services?

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A conversation with Jim Hoefflin

SCMR (Supply Chain Management Review)

Softeon’s new CEO takes the reins at a unique time in the WMS industry

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Navigating a Volatile Environment - A Software Approach to Warehouse Performance Improvements

Supply Chain Brain

This session will highlight the unique benefits of utilizing optimization software to improve efficiency and attract and retain the next generation of warehouse workers.

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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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The future of order management solutions: freedom of choice and flexibility

IBM Supply Chain Blog

In the wake of the pandemic and global supply chain issues, businesses have realized the importance of technology innovation to deliver truly superior retail customer experiences. But without real-time reliable views of inventory, shipments and automated order orchestration processes, retailers are unable to deliver on order promises. Businesses need robust order management solutions (OMS) that can drive customer satisfaction, increase fulfillment profitability and support new digital and in-per

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Robots Speed Fulfillment to Help Apparel Company Scale for Growth

Supply Chain Brain

Challenge: A fast-growing D2C medical apparel company experienced significant growth in ecommerce order volume as well as dramatic spikes due to promotional activity.

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Case Study: Huber+Suhner

Skill Dynamics

Huber+Suhner, a global company, headquartered in Switzerland, develop and manufactures components and system solutions for electrical and optical connectivity enhancing their customers communication. The challenge With such a vital product at stake, they needed to ensure their ambitious and dedicated procurement teams were equipped with the right training to ensure they can deliver everything needed to get their cutting-edge technologies into their customers hands.

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Tesla Pursues Building a New U.S. Plant With China’s Dominant Battery Maker

Supply Chain Brain

The auto industry has been lobbying to influence how the U.S. Treasury Department will interpret requirements in President Joe Biden’s signature climate package.

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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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How to Improve Any Workflow – 10 Common Problems Solved

Pipefy

Workflows are the foundation of any business. When they don’t operate efficiently, the business won’t be able to meet its goals. Time gets wasted on repetitive tasks, handoffs break down and cause delays, and the results often lack quality or consistency. Inefficient workflows also cause problems for employees and customers, who may get frustrated by poor user experiences or lack of timely, organized follow up.

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Podcast | The Sharpest Image: Smart Glasses in the Warehouse

Supply Chain Brain

Smart glasses have been slow to catch on with consumers, even among the earliest adopters of technology. Not so in the warehouse.

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Pick & Pack And How To Improve Your Warehouse Processes

Finale Inventory

Making the pick and pack process more efficient is possible with these tips from Red Stag Fulfillment. Image by rawpixel on Freepik. Getting your pick-and-pack process right is essential to efficient e-commerce order fulfillment and customer satisfaction. Picking and packing involves four steps – order receiving, order picking, order packing, and order shipping.

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Japan Plans to Restrict Some Equipment Exports

Supply Chain Brain

Japanese trade minister Yasutoshi Nishimura told reporters that the move was not coordinated with U.S. restrictions.

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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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Pick & Pack And How To Improve Your Warehouse Processes

Finale Inventory

Making the pick and pack process more efficient is possible with these tips from Red Stag Fulfillment. Image by rawpixel on Freepik. Getting your pick-and-pack process right is essential to efficient e-commerce order fulfillment and customer satisfaction. Picking and packing involves four steps – order receiving, order picking, order packing, and order shipping.

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How Segmentation Drives Use Cases for Supplier Marketing

HICX

Supplier Segmentation: One Size Does Not Fit All As Dr Epstein points out, “The way in which we work with our suppliers has to change.” Never has this statement been more true or more urgent. As the recent HICX Suppliers’ Perspective Survey revealed, 61% of suppliers said that they find it challenging to do their best work for their most important customer – and, if nothing changes, this number can only go up.

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[Pod] Data and Derailment in East Palestine, OH

Art of Procurement

On February 3rd 2023, a Norfolk Southern train derailed in East Palestine, Ohio. 38 cars derailed, 11 of which contained. The post [Pod] Data and Derailment in East Palestine, OH appeared first on Art of Procurement.

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How to Segment Suppliers for Supplier Marketing

HICX

Supplier segmentation definition Let’s once again start with a marketing definition, this time in relation to segmentation. Investopedia offers the following description: “ Market segmentation is a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action.”1 Anthony Payne , CMO HICX, comments, “As a marketer I love questions about segmentation – it’s essentially page one of the ‘marketing textbook.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,