Wed.Jun 07, 2023

article thumbnail

Harness The Power of Data To Optimize Your Supply Chains

All Things Supply Chain

The global logistics automation market has been growing at a Compound Annual Growth Rate (CAGR) of 12.4% since 2020, the highest growth rate of any supply chain market.

article thumbnail

Sustainable Procurement Strategy — Embracing Sustainability

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Sustainable Procurement Strategy — Embracing Sustainability Sustainable procurement strategy allows an organization to conduct its procurement processes that support its sustainability goals and objectives. However, how do you make one?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Overcoming the Challenges of Implementing Procurement Software

ProcurePort

In the modern business ecosystem, digital transformation is not just an option but a requirement. The need for streamlined operations and enhanced efficiency has made procurement software a valuable asset for organizations of all sizes. However, the journey towards successful implementation is fraught with challenges. This blog will provide a deep dive into these challenges […] The post Overcoming the Challenges of Implementing Procurement Software appeared first on ProcurePort Blog.

article thumbnail

Paraguay Import and Export Statistics

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Paraguay Import and Export Statistics Paraguay’s import and export activities open a positive outlook in 2023. The Central Bank of Paraguay shared promising news that the country’s exports are 22.8% higher than the previous year’s activity.

Export 170
article thumbnail

Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

article thumbnail

How Nike, McCormick and others are taking on supply chain emissions

Supply Chain Dive

Collaborating with suppliers to reduce Scope 3 footprints was a common theme at the Economist Impact's Sustainability Week U.S. conference.

article thumbnail

Supplier Collaboration Software — What You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it? For this article, we will discuss what supplier collaboration is.

More Trending

article thumbnail

Purchase Price Variance — Everything You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Price Variance — Everything You Should Know Purchase price variance is an important factor for budget preparation, but why? In this article, we will discuss what price purchase variance is and why it is important.

Price 130
article thumbnail

Union Pacific, BNSF launch new intermodal services at Port Houston

Supply Chain Dive

The rail carriers say added capacity will get consumer goods to market faster, and offer more routing opportunities from one of the nation’s fastest growing ports.

111
111
article thumbnail

WE Soda Presses Ahead with U.K. IPO, Likely to Be London’s Biggest Listing of 2023

Supply Chain Brain

The organization said indirect net proceeds from the offering are expected to be about $800 million while the company could reportedly seek a $7.5 billion valuation.

105
105
article thumbnail

The Importance of Language Skills in Supply Chain and Operations Management

SCMDOJO

The supply chain industry has been evolving rapidly since the pandemic outbreak. After being disrupted and seriously jeopardized, the industry needed to find a way to carry out its activities and maintain its businesses. To do so, people needed to become innovative, adopt new technologies, digitalize, and even start using AI. As a result, the industry is growing, changing, and becoming more demanding, increasing the importance of language skills more than ever.

article thumbnail

How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

article thumbnail

Seven Ways That Companies Can Make Real Progress Toward Sustainability

Supply Chain Brain

Implementing a lofty sustainability program isn’t just a marketing strategy to show that your company cares about the environment, and win points with consumers.

article thumbnail

Episode 118: Scaling Supply Chains for Profitable Growth with Marcia Williams

Una

EPISODE 118 Scaling Supply Chains for Profitable Growth with Marcia Williams By Kelly Barner | June 7, 2023 Growth – especially fast growth – is such an exciting time for a company. Unfortunately, all of the good opportunities growth presents have a way of leaving a mess in their wake. It often falls to procurement and supply chain professionals to clean up the mess, using metrics and frameworks to establish order so that operational scale and profitability can follow.

article thumbnail

DHL Relocates to a New and Larger Facility in Missouri

Supply Chain Brain

By moving its operations to Kansas City from St. Louis, DHL hopes to more than double the number of packages and parcels it processes in the Midwest.

98
article thumbnail

Pharmaceutical supply chains raise data concerns as traceability law nears final step

Supply Chain Dive

Companies have had ten years to comply with the Drug Supply Chain Security Act, but some fear the industry is not ready for the Nov. 27 deadline.

article thumbnail

How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

article thumbnail

Flexport Completes Acquisition of Shopify Logistics

Supply Chain Brain

In connection with the sale that was originally announced May 3, 2023, Shopify received stock that equates to 13% equity in Flexport.

article thumbnail

Mixed reactions to C.H. Robinson’s surprising hire of ex-Ford exec Bozeman as CEO

SCMR (Supply Chain Management Review)

C.H. Robinson surprised the markets on Tuesday, naming a Ford executive as CEO, bypassing the rumored in-house candidate for the position.

89
article thumbnail

Watch: CSCOs Are Solving Inventory Challenges

Supply Chain Brain

Bill Benton, co-founder of Gains, details why planning processes don't meet and solve inventory challenges.

article thumbnail

Clients can strengthen defenses for their data with IBM Storage Defender, now generally available

IBM Supply Chain Blog

We are excited to inform our clients and partners that IBM Storage Defender , part of our IBM Storage for Data Resilience portfolio, is now generally available. Enterprise clients worldwide continue to grapple with a threat landscape that is constantly evolving. Bad actors are moving faster than ever and are causing more lasting damage to data. According to an IBM report , cyberattacks like ransomware that used to take months to fully deploy can now take as little as four days.

Data 77
article thumbnail

A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

article thumbnail

Fed Index of Global Supply-Chain Stress Plummets to Record Low

Supply Chain Brain

The Global Supply Chain Pressure Index fell to -1.71 in May 2023, marking the lowest level on record based on data stretching back to 1997.

article thumbnail

Integrating data center support: Lower costs and decrease downtime with your support strategy

IBM Supply Chain Blog

As organizations and their data centers embrace hybrid cloud deployments, they have a rapidly growing number of vendors and workloads in their IT environments. The proliferation of these vendors leads to numerous issues and challenges that overburden IT staff, impede clients’ core business innovations and development, and complicate the support and operation of these environments.

Data 66
article thumbnail

ToolsGroup Selected by D.I.MAR to Improve Supply Chain Performance

Supply Chain Brain

D.I.MAR Srl will be able to better anticipate and adapt to market changes thanks to ToolsGroup's A.I. and probabilistic forecasting technologies.

article thumbnail

Colgate-Palmolive utilizes decision intelligence to accelerate complex decision-making

SCMR (Supply Chain Management Review)

The CPG leader is working with Aera Technology as part of the digital transformation of its pet nutrition division

60
article thumbnail

Procurement Is Navigating a Tech Tsunami (and It’s Upending How You Work)

Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.

article thumbnail

Mastering The Art Of Supply Chain Management With A Procurement Agent

Procurement Freelancers

In the contemporary business environment, the efficacy of supply chain management is imperative for the… The post Mastering The Art Of Supply Chain Management With A Procurement Agent first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

Episode 118: Scaling Supply Chains for Profitable Growth with Marcia Williams

Una

EPISODE 118 Scaling Supply Chains for Profitable Growth with Marcia Williams By Kelly Barner | June 7, 2023 Growth – especially fast growth – is such an exciting time for a company. Unfortunately, all of the good opportunities growth presents have a way of leaving a mess in their wake. It often falls to procurement and supply chain professionals to clean up the mess, using metrics and frameworks to establish order so that operational scale and profitability can follow.

article thumbnail

Japan's Kishida Unveils Policy Proposal Before Potential Polls

Supply Chain Brain

Some of the issues covered in the proposed policy plan include supply chain resiliency, sustainability initiatives, labor market reforms and improved childcare support.

article thumbnail

Sustainability vs. Sustainable: Is your energy management strategy truly efficient?

Procurement Foundry

At its core, the word “sustainability” is defined simply as the ability to continue at a certain level—no explicit consideration for whether something is “green,” renewable, or recyclable, and no defined parameters around carbon footprint. Simply: “able to continue.

article thumbnail

State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

article thumbnail

Schneider Electric Earns Top Spot on 2023 Gartner Supply Chain Top 15 for Europe

Supply Chain Brain

With a composite score of 5.98, Schneider Electric earned the top spot on Gartner's European list followed by L’Oréal, Diageo, Inditex and Siemens.

article thumbnail

Over Half of SMBs Experienced Demand Drops in the Last Year

Supply Chain Brain

Due to a drop-off in consumer demands over the last 12 months, 36.1% of small- and medium-sized businesses are now faced with excess inventories.

Demand 52
article thumbnail

Distracted Driving: Using AI Technology to Break a Deadly Habit

Supply Chain Brain

A.I.-driven technology can help keep drivers and passengers safe by not only detecting distracted driving, but also identifying other potentially risky behaviors.

110
110