Thu.May 25, 2023

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Kanban System — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Kanban System — Everything You Should Know Kanban System is gaining popularity and has spread to many industries from construction to procurement to optimize workload. However, what is it? In this article, we will tell you what the Kanban System is and the Kanban Board.

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[Pod] A GAAP in Judgement at Kraft Heinz

Art of Procurement

Procurement is used to being under pressure to deliver savings, but is that pressure enough to make procurement break the. The post [Pod] A GAAP in Judgement at Kraft Heinz appeared first on Art of Procurement.

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2 ocean carriers fined for Ocean Shipping Reform Act violations

Supply Chain Dive

ONE and Wan Hai Lines paid a combined $2.65 million in fees, and agreed to issue refunds to affected shippers.

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IBM Consulting unveils Center of Excellence for generative AI

IBM Supply Chain Blog

IBM Consulting has established a Center of Excellence for generative AI. It stands alongside IBM Consulting’s existing global AI and Automation practice, which includes 21,000 data and AI consultants who have conducted over 40,000 enterprise client engagements. The Center of Excellence (CoE) already has more than 1,000 consultants with specialized generative AI expertise that are engaging with a global set of clients to drive productivity in IT operations and core business processes like H

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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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Can Walmart’s Associate-to-Driver Program Solve the Driver Shortage?

Supply Chain Brain

Walmart has launched the Associate-to-Driver Program , adding drivers to the fleet by hiring internally. Is it a real remedy for the driver shortage, or simply a PR move aimed at boosting morale?

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Walmart works with some suppliers to lower prices

Supply Chain Dive

The retailer wants to “get costs down more as fast as we possibly can” in food and consumables, CEO Doug McMillon told analysts.

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Using Technology to Tackle the Problem of PFAS in the Supply Chain

Supply Chain Brain

These pollutants, commonly used for non-stick and detergent properties, don’t break down in the environment, and are linked to an array of health problems.

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US Foods to purchase Renzi Foodservice

Supply Chain Dive

The acquisition will enable the food distributor to expand its service area into central upstate New York.

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Tail Spend Management and Why It Is So Important For Your Business

Barkers Procurement

Discover the key strategies and best practices for effective tail spend management. With social and economic factors impacting inflation and with many organisations having a fundamental shift in priorities as sustainability and social responsib ility increases , there are greater challenges being placed on Procurement. Due to these increasing demands , Procurement functions are now seeking additional opportunities to enhance organisational efficiency and additional cost savings ; this is why Tai

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Chanel buys partial stake in cashmere and natural fibers supplier

Supply Chain Dive

The stake in Cariaggi strengthens the fashion brand's supply chain and alleviates sourcing issues.

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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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Watch: Ensuring the Security of Critical Data in the Supply Chain

Supply Chain Brain

Risk mitigation has always been a part of supply chain management and will continue to be of great importance, says Jamie Rutherford, director of sales, supply chain, for Vector Security Networks.

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HR Digital Transformation: How to Implement Key Changes and Succeed

Pipefy

What is HR digital transformation? To make up for unforeseen revenue losses brought about by recent world events, many companies are prioritizing building resilient business processes that withstand economic pressures. To do so, many have become part of a global pivot to a total digital transformation to incorporate digital tools and data analytics to improve processes.

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The international Tech Conference ICT Spring is back in Luxembourg

Supply Chain Brain

On June 29 & 30, 5000+ professionals ( springers ) will gather to attend a new edition of ICT Spring , the renowned Tech conference hosted in Luxembourg and where business innovation makes a difference.

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4 Proven Benefits Negotiation Training Can Have on Your Business

Negotiations Ninja

Negotiation training is among the most critical aspects of doing business. And it’s easy to see why. The modern business world is hyper-competitive, and an increasingly demanding market forces you to be at your best. For this reason, your ability to negotiate is non-negotiable.

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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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[Pod] Procurement 6 – May 26th, 2023

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post [Pod] Procurement 6 – May 26th, 2023 appeared first on Art of Procurement.

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Report: Ardent Partners CPO Rising 2023: CPO at the Crossroads

SpendHQ

SpendHQ is really excited to offer you a complimentary copy of the latest report on CPO Rising 2023: CPO at the Crossroads, published by research and advisory firm Ardent Partners. The post Report: Ardent Partners CPO Rising 2023: CPO at the Crossroads appeared first on SpendHQ.

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Spotlight on Social Value – Dennis Stanley Interview 2

Barkers Procurement

Summary Last summer we interviewed Dennis Stanley as he was about to embark on a Mentorship role with the One Million Mentors programme. You can read about Dennis’ hopes and aspirations for the scheme in his first interview here. Now, one year on , we’ve returned to find out how the scheme is going and whether that ‘itch’ to support others has finally been scratched!

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Spend Management for QuickBooks Online

Planergy

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing.

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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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U.K. Car Manufacturing Outputs Grew by Almost 10% in April

Supply Chain Brain

During April 2023, the U.K. manufactured 66,527 cars, marking a 9.9% year-on-year increase and the third straight month that vehicle outputs have grown in the country.

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Managing Procurement Risk with a Group Purchasing Organization

Una

Managing Procurement Risk with a Group Purchasing Organization Explore how a group purchasing organization can be an effective solution for managing procurement risk and improving overall procurement processes. By Hugo Britt | May 25, 2023 Search Things were looking so bright at the beginning of the year. As the CEO of a fledgling company, you were proud of its solid growth and strong performance.

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U.K. Energy Regulator May Let Suppliers Boost Margins by 27%

Supply Chain Brain

Ofgem is reportedly proposing energy companies increase the amount they make before interest and taxes to about £47 per customer a year from about £37.

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The five key benefits of AIOps and automation

IBM Supply Chain Blog

If you’re an IT professional—from the C-suite to a hands-on practitioner—you know the pressure your IT operations (ITOps) are under. You’re responsible for optimizing spend, operational efficiency and incorporating new and innovative technologies. But are your tools slowing you down? Coined by research firm Gartner, AIOps is artificial intelligence for IT operations.

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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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Biden Trade Curbs on China Risk Huge Damage to U.S. Tech Sector, Says Nvidia Chief

Supply Chain Brain

Jensen Huang said curbs introduced by the Biden administration had left the U.S. tech business with “our hands tied behind our back.

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Managing Procurement Risk with a Group Purchasing Organization

Una

Managing Procurement Risk with a Group Purchasing Organization Explore how a group purchasing organization can be an effective solution for managing procurement risk and improving overall procurement processes. By Hugo Britt | May 25, 2023 Search Search Things were looking so bright at the beginning of the year. As the CEO of a fledgling company, you were proud of its solid growth and strong performance.

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Boeing Refused to Give Cost Data for 11,000 Replacement Parts, Pentagon Says

Supply Chain Brain

The data denials of 10,659 items under a single contract reportedly accounted for 97% of such refusals by contractors during negotiations from October 2020 to September 2021.

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U.S. House Votes to Overturn Biden Administration Truck Emissions Rule

Supply Chain Brain

The opposition argued the rules would be too difficult to implement, leading to increased supply chain costs and more pressure on small business owners.

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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.