Mon.Jul 24, 2023

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How will the Geopolitical Climate affect the Microchip Supply Chain

All Things Supply Chain

The microchip industry’s value to the global economy is almost unquantifiable owing to the fact that it facilitates other key industries that our society holds in high regard.

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The Art of Negotiation: How Procurement Freelancers Can Master the Game

Procurement Freelancers

In this highly competitive business landscape, procurement ⁠ freelancers must possess valuable negotiation skills. With companies… The post The Art of Negotiation: How Procurement Freelancers Can Master the Game first appeared on Procurement Blog | Procurement & Supply Chain News.

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Yellow Corp. Manages to Temporarily Fend Off Teamsters Strike

Supply Chain Brain

The new agreement averted a strike that would have begun if Yellow had remained delinquent on payments to a fund that provides benefits for most of the company's workers.

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The Ultimate Guide to Contract Logistics: What You Need to Know

SCMDOJO

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. In this blog, we will answer the question: what is Contract Logistics, and explore its definition, solutions, challenges, and opportunities, understanding why Contract Logistics is considered as the hub of logistics today and how it can help businesses thrive in an ever-evolving market.

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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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Industry Bodies Tussle Over Costs, Efficacy of Truck Underride Guards

Supply Chain Brain

While insurers say the NHTSA underestimates the safety benefits of a side underride guard mandate, truck owner-operators argue the proposed rule is too expensive.

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Mintec: Vendor Analysis — Market intelligence solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of Mintec and its market intelligence solution. In today’s fast-paced, hyper-competitive business landscape, success hinges on the ability to make well-informed decisions. Understanding the market, anticipating customer needs and staying ahead of industry trends are no longer optional — they are critical components for sustainable growth.

More Trending

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Uncertainty around UPS is ‘kryptonite’ to supply chains, trade group warns

Supply Chain Dive

The Retail Industry Leaders Association on Wednesday urged the shipper and the Teamsters, whose contract expires July 31, to get a deal done quickly.

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How Car Makers Can Use Green Containers and Cut Costs

SCMR (Supply Chain Management Review)

The public’s concern over sustainability extends throughout the supply chain. Students in MIT Supply Chain Management Master’s program examined the benefits auto makers may achieve by using returnable packaging.

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Deloitte Global CPO Survey 2023 — A focus on digital maturity and how to get there

Spend Matters

The 10 th edition of the Deloitte Global CPO Survey , which analyzes the responses of about 350 senior Procurement leaders from more than 40 countries, has been released and is available for download. “Given that few businesses intend to expand the size of the Procurement function any time soon,” it says, “and despite the significantly increased expectations placed upon it, Procurement chiefs have a difficult time ahead.

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Five Preventive Measures to Mitigate Supply Chain Risk

Supply Chain Brain

Companies aren’t powerless to mitigate the risk of loss. Here are five steps they can take to help secure their cargo.

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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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FedEx invests in artificial intelligence platform Vue.ai

Supply Chain Dive

The collaboration aims to create smarter supply chains by increasing the use of AI among large enterprises.

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Germany Readies €20B in Aid to Bolster Chip Output

Supply Chain Brain

The money is to be distributed to German and international companies by 2027 and will be drawn from the Climate and Transformation Fund.

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Energy Department offers $32M for critical mineral supply chains

Supply Chain Dive

The Biden administration is looking to develop production sites to extract materials such as lithium and cobalt from coal-based sources.

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South Korea and Indonesia to Cooperate More on Key Minerals, Advanced Industries

Supply Chain Brain

The agreement by the two countries to work more closely was reached during a bilateral economic cooperation committee meeting held in Seoul, South Korea.

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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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FedEx Express pilots reject tentative contract agreement

Supply Chain Dive

The company said the results have no impact on service, and negotiators will eventually return to the bargaining table.

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Prozo Planning to Add 5M Square Feet of Warehousing Space by 2026

Supply Chain Brain

Prozo will invest over Rs 50 crore ($6.11 million) annually over the next three years to expand its warehousing presence in India's Tier-II cities.

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Why some UPS shippers haven’t diverted volume even as a potential strike looms

Supply Chain Dive

As many businesses firm up contingency plans, others are maintaining their current delivery activity with UPS, according to parcel shipping experts.

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9 procurement challenges solved with Autonomous Commerce

SCMR (Supply Chain Management Review)

Download the checklist to learn how to improve performance and efficiency in your own company or organization.

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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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Dollar General seeks to increase supplier diversity

Supply Chain Dive

The discount retailer said the move will help provide more relevant products to customers.

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The CPO’s Secret Superpower: EQ in Procurement

Procurement Foundry

All seasoned procurement professionals know that mastering a diverse set of skills is crucial for success. While technical expertise is often prioritized, emotional intelligence—an equally important skill—is often overlooked. While not always top of mind when considering skills contributing to overall success, acting empathetically and exceeding professional expectations enables procurement professionals to navigate complex relationships with stakeholders, build trust, and accomplish their objec

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How to Avoid the “Death Pause” in Sales & Negotiation

Negotiations Ninja

Jason Cutter is a mindset and scalability expert who helps sales teams be more effective. And one of the biggest mistakes that Jason sees is the death pause. What is it? How can you avoid it? What is the death pause?

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CPO Rising 2023: Priority Deep Dive — Once Again, Savings Is Job One

CPO Rising

Today, we feature our ongoing coverage of this year’s 18th-annual CPO-themed report, where my team and I continue our nearly two-decade-long dialogue with chief procurement officers (CPOs) and other procurement leaders.

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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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Taking an Autodesk 1982 approach to developing and hiring procurement talent in 2023

Procurement Insights

Do you remember when the AutoCAD application was first introduced? Okay, a better question to start this post would be, what does a computer-aided design software launched in December 1982 have to do with hiring procurement professionals in 2023? It turns out a great deal. A quick backgrounder: AutoCAD elevated drafting software from a “primitive knives and bearskins” hand-drawn, 2D exercise to an unprecedented level of 3D capability that forever changed the lives of architects and e

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What is IT operations analytics?

IBM Supply Chain Blog

The complexity of IT systems has increased significantly in recent years, creating a greater urgency for IT teams to stay on top of the health of operations. An increase in devices connecting to individual applications, the rise of cloud computing and the development of new products have led companies to invest in digital services to meet customer needs.

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For a short time only: Time-based restrictions for enhanced cloud security

IBM Supply Chain Blog

If you read some of my earlier blog posts , you know that I automated the setup (onboarding) for workshops and hackathons. Thus far, running my Terraform scripts to deploy resources and privileges meant allowing access to them. Thanks to a (relatively) new IBM Cloud security feature called time-based restrictions , I can decouple the deployment process from when access is possible.