Mon.Apr 22, 2024

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CPO Crunch: Win friends and influence people

Procurement Leaders

One of the privileges of being in this role is the opportunity it offers to have regular conversations with CPOs about their visions for the function and the strategic journeys they are on. It’s inspiring and helps to inform many of our own strategic product decisions. It’s conversations like these, as well as the many other community interactions we have, which have informed the development of our long-term product theme, Horizon 2030: Glide Paths for Sustainable Growth.

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Watch: Inventory Planning in an Unknown World

Supply Chain Brain

Growing uncertainties in global supply chains necessitate a fresh approach to inventory strategy, says Warren Owen, vice president solutions consultants with Netstock.

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For the planet and people: IBM’s focus on AI ethics in sustainability

IBM Supply Chain Blog

AI can be a force for good, but it might also lead to environmental and sustainability concerns. IBM is dedicated to the responsible development and deployment of this technology, which can enable our clients to meet their sustainability goals. “AI is an unbelievable opportunity to address some of the world’s most pressing challenges in health care, manufacturing, climate change and more,” said Christina Shim, IBM’s global head of Sustainability Software and an AI Ethics

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How the EU’s New Sustainability Directive Affects Global Supplier Networks

Supply Chain Brain

The European Union has updated proposed sustainability compliance legislation to target only the region’s largest businesses for enforcement.

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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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The secret sauce for generative AI and sustainability: Data quality

Supply Chain Dive

Generative AI has tremendous potential to help create a more sustainable supply chain. But how can you use it with inaccurate, inconsistent data?

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Why Planning Isn’t Enough to Achieve True Operational Excellence

Supply Chain Brain

As we’ve seen over the last few years, planning and forecasting alone haven’t been enough to deal with the delays and shortages rippling through global supply chains.

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Penny: Vendor Analysis — P2P solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Penny and its P2P solution. Penny is a cloud-based procurement solution that covers the procurement journey from purchase requisition to sourcing to payments. Customers can pick and choose from an array of modules (Purchase Requisition, E-Sourcing, Orders, GRN, Bills, Payments). This Vendor Analysis explores Penny’s platform, application and supporting services.

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FedEx to shutter 4 Florida facilities in July

Supply Chain Dive

More than 200 employees will be impacted by the decision as the delivery giant continues to trim operating costs.

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AI this Earth Day: Top opportunities to advance sustainability initiatives

IBM Supply Chain Blog

This Earth Day, we are calling for action to conserve our scarcest resource: the planet. To drive real change, it’s crucial for individuals, industries, organizations and governments to work together, using data and technology to uncover new opportunities that will help advance sustainability initiatives across the globe. The world is behind on addressing climate change.

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Fashion Brands Make Earth Day Commitment to Preserve Endangered Forests

Supply Chain Brain

A group of 15 fashion and lifestyle brands are committing to ending the sourcing of textile and packaging supply chains from ancient and endangered forests.

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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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Navigating Global Supply Chain Disruptions: Strategies for Resilience

SCMDOJO

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. But what steps can you take to a more resilient supply chain during disruptions? This article will explore why disruptions happen, and how the industry deals with them as they come. If you’re ready to learn more about creating stronger supply chains, read below.

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Port of Baltimore on Track to Fully Reopen By End of May

Supply Chain Brain

The U.S. Department of Transportation reaffirmed the timeline the reopen the Port of Baltimore in a meeting with East Coast port leaders.

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What is on the Horizon for Supply Chain Management?

The Network Effect

The post What is on the Horizon for Supply Chain Management? appeared first on The Network Effect.

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Tennessee Volkswagen Workers Vote to Unionize

Supply Chain Brain

Two prior votes at the factory, including in 2019, had failed, but attitudes toward organized labor in the U.S. appear to be shifting.

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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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Deployable architecture on IBM Cloud: Simplifying system deployment

IBM Supply Chain Blog

Deployable architecture (DA) refers to a specific design pattern or approach that allows an application or system to be easily deployed and managed across various environments. A deployable architecture involves components, modules and dependencies in a way that allows for seamless deployment and makes it easy for developers and operations teams to quickly deploy new features and updates to the system, without requiring extensive manual intervention.

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Vegas-to-California $12 Billion Rail Line Kicks Off Construction

Supply Chain Brain

The Fortress Investment Group-backed rail operator is projected to run 218 miles along the median of Interstate 15.

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Tools and Technologies Used by Supplier Auditors

Procurement Freelancers

Ensuring product quality and adherence to industry standards is of utmost significance. This is where… The post Tools and Technologies Used by Supplier Auditors first appeared on Procurement Blog | Procurement & Supply Chain News.

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The last mile: Your first critical step to delivering cost savings and profit

Supply Chain Dive

Last mile delivery is the most critical — and most expensive — part of the shipping process.

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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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Magnus Mondays — Make vs. Buy: Procurement Tech Edition

CPO Rising

Last week I tackled the question of what to do with a failed P2P implementation. This week I’ll be addressing another common question: Is it a good idea to build your own procurement solution?

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Port of Los Angeles Stopped Millions of Cyber-Intrusions in 2023

Supply Chain Brain

Biden administration cybersecurity advisor Anne Neuberger praised the port's Cyber Resilience Center as an example of how government and the private sector can work together.

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