Mon.Aug 15, 2022

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Six Industries That Can Merge Circular Economic Practices With Supply Chain Management

All Things Supply Chain

As greenhouse gas emissions continue to stand as a major threat to the climate, the United Nations launched a Net Zero initiative.

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What is Vendor Management?

ProcurePort

• Vendor management is the sum of all activities a company undertakes to maximize the value of the relationship they have with its vendors. This includes but is not limited to listing probable vendors, comparing prices, quality checks, cost control, and risk management. • Effective vendor management takes combined efforts across departments and therefore purchasing […].

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Blue sky thinking at Ovation

Procurement Leaders

There’s no doubt that procurement and supply chain are at the heart of some of the most challenging and stimulating issues we face as a society – climate change acceleration, geopolitical manoeuvrings, increased volatility and disruption, rampant inflation, to list just a few. Neither is there any doubt that the role and influence of business leaders will continue to grow over the coming decade as we grapple with the types of challenges listed above.

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Supply Chain Planning — The Ultimate Guide of 2022

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Supply Chain Planning — The Ultimate Guide of 2022. Supply chain planning helps organizations to meet customer demands efficiently. However, to achieve this, you will need to have effective supply chain planning. . For this article, we will show you steps on how to create a successful supply chain plan.

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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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What Is Industrial Marketing? (With Examples)

The Thomas Blog

Today, marketing without a business plan in place is nearly impossible if you want to drive results—and it's even more true in the manufacturing sector. You need to align your strategy of bringing in new clients with how you're planning to expand into new markets, work at capacity, and expand your company. Industrial marketing can help you create a competitive strategy and drive financial success.

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Five Ways to Avoid, Absorb and Recover from Supply Chain Disruptions

Supply Chain Brain

Supply chain resiliency is the ability of an organization to avoid, absorb and recover from the business impact of disruptions through a risk-balanced approach to product, supply chain strategy and network design.

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Drones in the Warehouse? The Competitive Mandate for Rapid Adoption

Supply Chain Brain

Using drones for inventory control presents extraordinary benefits. Still, barriers to adoption persist—including the fear of investing in bleeding-edge technology with no guarantee of achieving real results.

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Shippers pull back from air cargo as ocean reliability improves

Supply Chain Dive

Rates are on a downward trend and have yet to bottom out, according to Clive Data Services.

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The Future of Supply Chains: 2023 Trends to Know

Supply Chain Brain

Organizations are recalibrating to address supply chain pressures and disruptions amidst the changing world order. To build resilience, incorporating strategic technologies that solve their unique needs is critical.

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FMC considers mandate for shipping lines, terminals to share data

Supply Chain Dive

The agency is asking supply chain stakeholders for input on whether such an action would ease congestion.

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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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Logistics Giant DSV Targets U.S. in Renewed Acquisition Drive

Supply Chain Brain

DSV CEO Jens Bjørn Andersen tells the WSJ that he’s looking to expand his reach in the U.S. as he revives a strategy that has helped build the Danish operator into the world’s third-largest freight forwarder.

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Trust Your Supplier: Vendor Analysis — SIM solution overview, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Procurement Systems & Architecture , Supplier Information Management , Supplier Management , Suppliers Tags: PRO In this Spend Matters PRO Vendor Analysis we give an overview of Trust Your Supplier (TYS), a solution built to enhance supplier management that focuses on enabling its customers to identify and qualify suppliers most efficiently and effectively.

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U.K. Grocer Removes Best-Before Dates to Tackle Food Waste

Supply Chain Brain

U.K. retailer Marks & Spencer is removing best-before dates from a range of fresh produce to help reduce in-store and household food waste.

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Amazon audit reveals wage, benefit issues at 40% of potential suppliers

Supply Chain Dive

The e-commerce giant said it has dedicated teams working with vendors on long-term corrective action plans.

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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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How Does Visibility Translate Into Trust in Deliveries?

Supply Chain Brain

What do consumers want out of deliveries? As the world of delivery gets more competitive, the answer seems to elude more and more businesses.

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4 Steps to Start and Grow an ESG Strategy

Arkestro

Environmental, Social, and Governance, or ESG for short, is not a new concept. You can think of it as a more evolved and measurable form of Corporate Social Responsibility (CSR). With growing pressure on businesses worldwide, developing an effective ESG strategy for your organization ensures that all transactions with suppliers are conducted in a way that aligns with these principles.

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10 Strategies for improving supplier relationship management

Skill Dynamics

Strategic supplier relationship management (SRM) is a key factor for driving competitive advantage for multi-national organizations. In fact, it’s as important to get the best value from key partners as it is to get the best contribution from employees. Toyota is an example of a company that has excelled in supplier management, giving them a competitive edge that enabled them to transform from a small regional manufacturer into the largest automotive company in the world.

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How to Improve Supplier Performance in a Supplier’s World

Procurement Foundry

Suppliers are becoming increasingly important and powerful—it can feel like a supplier’s world. CEO of Fine Tune, Rich Ham , reiterated the importance of this awareness when he declared: “It’s time to sound the alarm.” So, what can procurement practitioners do with this supplier power struggle? How can procurement practitioners improve supplier performance in a suppliers’ world?

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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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What is the Role of Procurement in the Broader Digital Society?

Jaggaer

The post What is the Role of Procurement in the Broader Digital Society? appeared first on JAGGAER.

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Procurement Experts on CPO Rising — Creating a Foundational Contract Repository

CPO Rising

Our “Procurement Experts on CPO Rising” series continues today with an excerpt from my 2021 episode of the Procurement Rising Podcast — Ian Maher, former Vice President and Head of Strategic Sourcing for Global Atlantic Financial Group (click to listen to the full interview). Note that this excerpt has been edited for readability. This is Part Two of […].