Mon.Mar 06, 2023

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5 Ways to Improve the Sustainability of Your Warehouse

All Things Supply Chain

Warehouses are among the most essential elements of our global supply chain. The packaging and shipping never stop, so warehouses expend lots of energy and emissions.

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10 lessons from CPOs leading procurement’s response to the polycrisis

Procurement Leaders

From simmering geopolitical tensions to soaring energy costs and staff shortages, the challenges faced by businesses in recent months have been complex and interlinked, and procurement has a key role to play in tackling this “polycrisis”. At Procurement Leaders, we’ve been seeking out the community’s insights into how they’re dealing with these challenges and how they see things panning out in the months to come.

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Coffee Prices – Historical Graph [Realtime Updates]

Procurement Tactics

Coffee Prices – Historical Graph Real-time chart of historical daily coffee prices. The prices are down in U.S. dollars per Lbs. The current price is and is last updated on. The average price in the past 3 days is The average price in the past 7 days is The average price in the past 30 days is The average price in the past 365 days is Popular questions about coffee prices: Why are coffee prices fluctuating?

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6 Ways to Improve Procurement Performance

ProcurePort

Procurement is a crucial aspect of any business, and it plays a significant role in ensuring that the organization runs smoothly and efficiently. As a procurement professional, you are responsible for ensuring that your organization obtains the goods and services it needs at the right quality, quantity, and price. In this blog post, we’ll discuss […] The post 6 Ways to Improve Procurement Performance appeared first on ProcurePort Blog.

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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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New Brexit Trading Rules Could Take More Than Two Years to Fully Implement

Supply Chain Brain

Labeling products as “not for the EU” will be one of the most visible changes to result from Brexit in Northern Ireland and the rest of the U.K.

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6 Ways to Simplify & Streamline Your Procurement Process

ProcurePort

In today’s competitive business landscape, it’s essential to ensure that your procurement process is streamlined and efficient. A smooth procurement process can help your organization save money, reduce risk, and enhance collaboration with suppliers. However, simplifying and streamlining procurement is often easier said than done. In this blog post, we’ll discuss six ways to simplify […] The post 6 Ways to Simplify & Streamline Your Procurement Process appeared first

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Meati hires CPG veterans for supply chain and operations

Supply Chain Dive

As the plant-based meat company prepares for a national retail launch this year, Elizabeth Fikes and Joseph Johnston have been hired to run more traditional manufacturing functions.

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Jaggaer webinar recap: “Elevating your source-to-pay tech strategy in 2023”

Spend Matters

Categories: Commentary , Conferences , ERP , Source to Pay Tags: Webinar Jaggaer has released the recording of its recently held webinar “Elevating your source-to-pay tech strategy in 2023.” The webinar featured Jason Busch, founder and CEO of Spend Matters, and Jennifer Glassman, a procurement and payables consultant with extensive experience in designing procurement strategies in public universities.

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Target to roll out drive-up returns nationwide

Supply Chain Dive

The retailer expects the offering will reduce expenses for mail-in returns and provide more resale opportunities.

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Why Supply Chain Digitization Is No Longer Optional

Supply Chain Brain

In response to the COVID-19 pandemic, supply chain leaders have stepped up their digital transformation efforts.

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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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Visual Lease: Vendor Analysis — Lease accounting and administration solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Procurement Systems & Architecture , risk-compliance-management Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Visual Lease and its lease accounting solution. Visual Lease’s customers use the solution to manage real estate and equipment leases while making decisions related to contracts day-to-day. Going forward, Visual Lease intends to increase supported integrations, add new workflows and eventually pull in relevant data, such as ESG metrics.

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Emerging Supply-Chain Threats, and How To Get Ahead of Them

Supply Chain Brain

It’s crucial that companies implement a comprehensive supply chain risk-management strategy. Yet many continue to fall short in this effort.

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Kohl’s shrinks inventory position after ‘out of control’ levels in 2022

Supply Chain Dive

The retailer will ask its suppliers to get more “nimble” as it plans for less product and chases demand signals, according to the head of Kohl’s digital business.

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Managing 5 unintended consequences of autonomous trucks

SCMR (Supply Chain Management Review)

The push to deploy autonomous trucks is on, but there are other considerations that must be addressed first.

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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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Port leaders are concerned as new OSRA regulations approach

Supply Chain Dive

Some stakeholders fear rules on detention and demurrage could slow the flow of goods.

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Finding and managing “forever chemicals” in your supply chains

SCMR (Supply Chain Management Review)

It’s time for supply chain folks to raise a red flag for possible worst case scenarios.

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CEVA Logistics to lay off 142 workers at its Nashville campus

Supply Chain Dive

The 3PL said it's adjusting due to changes in a customer's operations, and that a majority of those affected are being offered other positions.

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Imaginnovate Creates Logistics Data Science Unit

Supply Chain Brain

Division's goal is to build resilient supply chains with machine learning and AI.

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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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Guide to All The Stages of the Procurement Lifecycle

Pipefy

Procurement is one of the most critical processes in any business. It’s also one of the most complex. Effective (and efficient!) procurement ensures that materials, supplies, and labor are available to help the business meet its goals. But procurement is also about vendor relationship management, preventing avoidable costs, and handling a high volume of incoming purchase requests.

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Founders of Ford’s Defunct Argo Launch New Self-Driving Startup

Supply Chain Brain

In autonomous trucking, the new company would be competing with Alphabet’s Waymo, as well as startups Aurora Innovation, Gatik AI, Waabi Innovation Inc. and TuSimple Holdings Inc.

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Demystifying the Human Rights Journey

SupplyShift

As human rights due diligence legislation evolves globally, companies are expected to up their game and do more to identify, understand, remediate, and report on their supply chains. For years leading companies have utilized ad hoc programs to address human rights. Due to changing legislation, every major company needs a human rights program, and the requirements for these programs are becoming more clear and more formal than ever before.

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A Guide to Successful Business Process Transformation 

Pipefy

Following recent events like the pandemic, the shift to non-office work models, and supply chain pressures, the demand for business process transformation has accelerated. Many leaders today realize that a radical change is needed to keep up with changing business environments and requirements. This radical shift begins with reassessing existing business process management practices, strategies, and technologies.

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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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Watch: How Caraway Home Tackled Omnichannel Fulfillment

Supply Chain Brain

As Caraway Home broadens the channels through which it sells, it confronts new challenges in ensuring visibility and efficient order fulfillment, says Mark Riskowitz, vice president of operations.

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Operational Efficiency: Definition, Examples, and Strategies

Pipefy

The global market shifts of the past few years have been astonishing to witness. Supply chain interruptions, worker shortages, and rising inflation costs that emerged with the pandemic have forever changed the economic landscape. But amid what seem to be perpetual shake-ups, there is good news. Far more businesses have quickly adapted to online models and remote work than anyone expected.

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Recession planning: Why spend management matters

Fraxion

Recession – a widely discussed concern and an impending reality, according to financial analysts and economists. Although it's uncertain whether a recession will occur or not, it's advisable for businesses to heed the warnings and prepare for economic headwinds. While recessions can have varying impacts on organizations - from slow collections to revenue losses, these contractions in economic activity typically last around ten months on average.

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Navigating Different Political Views like a Negotiator

Negotiations Ninja

Is a conflict with a large group of people solvable? What happens if it can’t be controlled? There’s a consistent undercurrent of anger, distrust, and hatred. How do you deal with that at a large scale? Gary Noesner notes that people have been convinced through propaganda to be angry. They’ve been told they’re victims.

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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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Higher Interest Rates and Strong Dollar Slow U.S. Factory Demand

Supply Chain Brain

New orders for manufactured goods contracted for the sixth straight month through February, and manufacturing output is down 1.7% from its post-pandemic peak.

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Midnight in the ChatGPT Garden of Good and Evil: A New Level of Critical Thinking?

Procurement Insights

EDITOR’S NOTE: In a dry run for a recent Mintec webinar , “The BIG SEVEN in 2023 for Procurement” – (1,100 people registered to attend, so be sure to check it out), a ChatGPT discussion broke out between me, Mita Gupta, David Loseby, and Rob Handfield. Sometimes the most extraordinary insights pop up in the most interesting and unexpected places, and you will likely find this recording (see below) to be just that.

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Logiswift Opens Office in Houston

Supply Chain Brain

Logiswift, the Dubai-based provider of a software platform for supply chain orchestration, has opened its first office in the U.S., in Houston, Texas.

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…Is a Nickel, Dime, or Quarter Earned

CPO Rising

You’re invited to our Ardent Partners webinar: “Defend Your Margins: Seven CPO Strategies for 2023” in March. Our analysis today focuses on net profit margin and how the large contribution from procurement should play amongst corporate executives.

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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,