Mon.Apr 24, 2023

article thumbnail

Guest Article: The New Rules of Procurement Engagement

CPO Rising

[Editor’s Note: Today’s article is a guest post from Market Dojo, a technology company offering Software as a Service built by procurement professionals, for procurement professionals. Its solutions enable procurement to overcome the challenges they face through managing data, mitigating risk, and minimizing costs.

article thumbnail

Identifying Suppliers — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Identifying Suppliers — Embracing Sustainability Identifying suppliers is crucial as they supply all the needs of every business to continue its daily operation. However, how can you identify the best supplier that is fit for your business and sustainability standards?

professionals

Sign Up for our Newsletter

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

article thumbnail

Only Say It If You Believe It

Negotiations Ninja

Mala Subramaniam is an Executive Coach, Speaker, and the author of “Beyond Wins: Eastern Mindset for Success in Daily Business Negotiations.” She’s also a proponent of the Eastern approach: Solution-oriented negotiation and problem-solving. To her, negotiation is an opportunity to build relationships while achieving business outcomes.

article thumbnail

How to Increase Opportunities for Women in the Supply Chain

Supply Chain Brain

Supply chain leaders might be shocked to learn that the percentage of women in the workforce has decreased since 2021.

article thumbnail

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.

article thumbnail

Blockchain (Part 2): Concrete use cases

Spend Matters

Categories: Procurement Systems & Architecture Tags: PRO In part 1 of our blockchain in procurement series, we outlined what a blockchain is, what it can do and how procurement could use it. In part 2, we examine concrete ways that vendors currently use blockchain to enhance procurement practices. We explore some of the ways in which blockchain technology is already transforming the procurement space, including financing, smart contracts/contract lifecycle management, payments, digital ident

article thumbnail

P&G expects $2.2B hit from supply costs in 2023

Supply Chain Dive

To combat inflation in inputs, the consumer goods giant is raising prices while taking steps to digitize and analyze its supply chain.

Supply 92

More Trending

article thumbnail

Ground parcel delivery costs reach record high as rate hikes take hold

Supply Chain Dive

Discounts helped prevent the figure from climbing even higher, according to the TD Cowen/AFS Freight Index.

98
article thumbnail

The Delivery Persona: How Consumers Really Think About Home Delivery

Supply Chain Brain

When retailers craft a variety of delivery experiences, customers can self-select the one that best fits their delivery persona.

76
article thumbnail

Tesla says lack of lithium refining capacity will become EV production ‘choke point’

Supply Chain Dive

The EV maker is expanding its lithium production capacity in the U.S. and calling on other companies to do so, too.

88
article thumbnail

The Unmanned Aerial Vehicle Market Will be Worth $52bn by 2030

Supply Chain Brain

The North American market is expected to dominate the sector in the coming years thanks to increased research and development efforts amongst prominent drone manufacturers.

59
article thumbnail

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.

article thumbnail

Geodis’ cross-border delivery service ups capacity with 2 new gateways

Supply Chain Dive

The airport facilities in New York and Los Angeles adds to MyParcel's current processing and handling capabilities out of Chicago.

78
article thumbnail

Half of supply chain execs say integration technology investment ups revenue

SCMR (Supply Chain Management Review)

Improved agility, control and risk mitigation named as key investment outcomes driving growth.

article thumbnail

Ikea invests $2.2B to fuel US growth

Supply Chain Dive

The investment, which is the retailer’s largest in the past four decades, will be used to open locations and strengthen its fulfillment network.

article thumbnail

GM, Samsung SDI Outline $3bn Spend on U.S. Battery Plant

Supply Chain Brain

Automakers and EV battery makers alike are increasingly rushing to make investments in North America in order to receive tax credits provided by Biden’s landmark climate change bill.

52
article thumbnail

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.

article thumbnail

Amazon targets counterfeits with new information-sharing exchange

Supply Chain Dive

The e-commerce giant said the program has already detected hundreds of problematic accounts.

86
article thumbnail

Watch: The Global Supply Chain Marketing Summit: A Sneak Peek

Supply Chain Brain

Dan McInerney, chief supply chain officer with Johnstone Supply, will be among the panelists at the first-ever Global Supply Chain Marketing Summit , June 7-9, 2023 in Amelia Island, Florida, presented by SupplyChainBrain and the Council of Supply Chain Management Professionals.

article thumbnail

Procurement’s BIG 7 In 2023 (White Paper)

Procurement Insights

From the COVID-19 pandemic to the war in Ukraine highlighting the growing geopolitical instability in today’s increasingly complex world, hardly a day goes by when the words “supply chain” are not in a news headline. Between inflation and product shortages to retail overstock, it should be no surprise that CPOs are now seen as the C-Suite’s strategic leaders.

article thumbnail

LVMH Becomes First European Company to Reach $500bn Valuation

Supply Chain Brain

The new valuation puts the stake held by its chair and chief executive, Bernard Arnault, at $212bn – cementing his position as the world’s richest person.

52
article thumbnail

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

article thumbnail

Why companies need to accelerate data warehousing solution modernization

IBM Supply Chain Blog

Unexpected situations like the COVID-19 pandemic and the ongoing macroeconomic atmosphere are wake-up calls for companies worldwide to exponentially accelerate digital transformation. During the pandemic, when lockdowns and social-distancing restrictions transformed business operations, it quickly became apparent that digital innovation was vital to the survival of any organization.

Data 95
article thumbnail

Nearshoring Not So Easy After All

Supply Chain Brain

The approach has brought new costs and logistics hurdles for supply chains that are adding a new twist to globalization.

article thumbnail

Following the Road to a Stronger Business with Procurement

HICX

By Costas Xyloyiannis, HICX CEO With both interpersonal and operational barriers removed, the business can partner with all its suppliers. In this scenario suppliers are happier, and Procurement can deliver its mandates, the benefits of which extend well into the business. When ESG rose to the top of the board agenda, leader needed to see how compliant and ready their businesses were across multiple areas.

article thumbnail

Grocery Customers' Brand Loyalty Increased in the Last Year, Survey Finds

Supply Chain Brain

The report also showed that shoppers’ definitions of loyalty are reportedly moving away from the idea of exclusivity.

52
article thumbnail

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?