Thu.Feb 01, 2024

article thumbnail

Working in Saudi Arabia

Procurement Templates

So, you’ve probably heard of the visionary architectural Neom Project. But what is it like to work in a country like Saudi Arabia? Saudi Arabia stands as a dynamic economic force in the Middle East, driven by its oil-rich resources and strategic investments in diversified sectors. Its Vision 2030 initiative reflects a commitment to economic transformation and diversification, creating a myriad of opportunities for both local and expatriate professionals.

article thumbnail

Why We Shouldn’t Resist P2P Process Automation

ProcurePort

In today’s business world, time is crucial and competition is fierce. Being efficient is not just an advantage, it’s necessary for survival. Organizations, big and small, try to navigate through complex situations, improve processes, cut costs, and maximize their employees’ abilities. Innovation and evolution create Procure-to-Pay process automation.

professionals

Sign Up for our Newsletter

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

article thumbnail

The Rise of the Reshoring Movement in the U.S.

Supply Chain Brain

Remnants of a COVID-disrupted supply chain, economic choppiness, and pressure to lower prices have backed manufacturers up against a wall, and forced them to reconsider their approach to offshoring production.

Price 126
article thumbnail

Foxconn’s Tijuana Manufacturing Operation Shows the Nearshoring Possibilities

SCMR (Supply Chain Management Review)

Reshoring Institute Executive Director Rosemary Coates got a first-hand look at Foxconn’s Tijuana manufacturing site and saw what is possible when companies invest in nearshoring.

108
108
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

Watch: What Are Manufacturers Spending on Tech Transformation?

Supply Chain Brain

Brian Pacula, partner in the Operations Excellence practice of West Monroe, tells how manufacturers and supply chains are prioritizing their spend on technology in the post-pandemic era.

article thumbnail

Forging a framework for central bank digital currencies and tokenization of other financial assets

IBM Supply Chain Blog

Ever since the COVID-19 pandemic, cash usage has been decreasing worldwide and digital payments based on cryptocurrencies or legacy digital payment systems have prevailed. As a result, new forms of centrally managed digital currencies are emerging alongside cryptocurrencies like Bitcoin, the notorious volatility of which has challenged their acceptance worldwide.

Import 98

More Trending

article thumbnail

Manufacturing ‘ready to start running again’ with demand up: PMI

Supply Chain Dive

The industry is at the beginning of a possible growth cycle, but manufacturers are likely to be slow to start hiring again, economists say.

Demand 113
article thumbnail

Major Carmakers Could Be Using Uyghur Forced Labor, Report Says

Supply Chain Brain

Over 15% of the aluminum produced in China comes from Xinjiang, a region where the government has conducted a “long-running campaign of repression against Uyghurs and other Turkic Muslim communities.

105
105
article thumbnail

The Drone Final Mile Becomes Reality

Art of Procurement

In 2005, Amazon revolutionized eCommerce delivery expectations with their 2-day Prime delivery service. All of a sudden, every other retailer. The post The Drone Final Mile Becomes Reality appeared first on Art of Procurement.

article thumbnail

OPEC+ Nations Set to Decide on Extending Cuts in Early March

Supply Chain Brain

Seven coalition members have pledged supply curbs totaling about 900,000 barrels a day this quarter, in tandem with a 1 million-barrel reduction by group leader Saudi Arabia.

Supply 98
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

Most HR leaders say half of workers will need reskilling in coming years

Supply Chain Dive

Skills gaps and talent shortages are most severe in areas related to automation, AI adoption and the green economy, a new report says.

112
112
article thumbnail

Walmart to Open 150+ Large-Format Stores Across the U.S.

Supply Chain Brain

The company will expand some smaller sites into Supercenters with additional plans to open many new locations, said Walmart spokesperson Josh Havens.

105
105
article thumbnail

Top concerns industry leaders have about cyberattacks in 2024 and beyond

IBM Supply Chain Blog

Cyberattacks are becoming increasingly sophisticated. Read about the concerns that industry leaders have for the future and three approaches organizations can take to build up their defenses. Cyber workforce shortage There are over four million unfilled cybersecurity jobs in the world today. Filling these vacancies has become a security imperative, and several global compliance mandates have been established to tackle the issue.

article thumbnail

Germany Planning to Oppose EU Supply Chain Law, Ministers Say

Supply Chain Brain

The letter, sent February 1 by Finance Minister Christian Lindner and Justice Minister Marco Buschmann, said that the German government would abstain on the issue.

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

Port of Virginia cargo volumes dip 2% in December

Supply Chain Dive

Containers have now declined for nearly a year at the port, though volumes remain significantly higher than 2019

102
102
article thumbnail

Bound4blue Chosen to Install eSail on Polynesian Mixed Cargo Vessel

Supply Chain Brain

Bound4blue said that the eSail wind power-based propulsion system will help shipowner SNA TUHA’A PAE (SNA) reduce its energy consumption by up to 10%.

98
article thumbnail

Gartner’s First Integrated S2P Report on The Evolving Landscape of Source-to-Pay Solutions

Procurement Insights

The Dawn of Integrated Source-to-Pay Suites The release of Gartner’s first integrated Source-to-Pay (S2P) Magic Quadrant marks a pivotal moment in procurement technology. The new report covers ten leading vendors who meet Gartner’s revised criteria for providing modular but natively integrated S2P platforms spanning sourcing, contracting, purchasing, payments, and analytics.

article thumbnail

Former Boeing Manager Would “Absolutely Not” Fly on 737 MAX Planes

Supply Chain Brain

Ed Pierson, a former senior manager of Boeing’s 737 program, expressed concerns after regulators allowed Max 9s to return to service last week.

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

Plant supplier sues Kroger over stolen, mishandled inventory

Supply Chain Dive

Theut’s Flower Barn alleges the grocer caused $5 million in missing goods.

Inventory 100
article thumbnail

Podcast | The Quest for a Zero-Waste Supply Chain

Supply Chain Brain

M ost organizations still have a long way to go before they can declare their supply chains to be “zero waste.

article thumbnail

Procurement 6 – February 2nd, 2024

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 Procurement 6 – February 2nd, 2024 appeared first on Art of Procurement.

article thumbnail

Take a holistic approach

HICX

By Costas Xyloyiannis, CEO of HICX Complex supply chains compromise supplier data and impact competitiveness. What are the solutions?

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?

article thumbnail

The Ultimate Guide to Strategic Sourcing in 2024

Empowering CPO

Introduction In the ever-evolving landscape of procurement, organizations are realizing that strategic sourcing is not merely a process but a comprehensive approach that can redefine the trajectory of businesses. As a trailblazer in the field, we lead the way with our innovative suite of services, offering organizations a strategic edge in achieving sustainable success.

article thumbnail

Service Level Agreements: A Blueprint for Success

Pipefy

Service level agreements (SLAs) are critical components of any vendor contract, however, they are most commonly associated with IT vendors. This guide explains how SLAs boost business service quality, communication, and conflict resolution between clients and vendors. It also provides tips for creating, implementing, and optimizing SLAs. What is a service level agreement (SLA)?

article thumbnail

Should large enterprises self-host their authoritative DNS?

IBM Supply Chain Blog

In a recent post , we outlined the pitfalls of self-hosted authoritative Domain Name System (DNS) from the perspective of a start-up or midsize company piecing together a DIY system using BIND DNS or other open source tools. The main idea was that every company gets to a point where they outgrow their self-hosted, home-grown authoritative DNS systems.

article thumbnail

5 signs you need a premium DNS service 

IBM Supply Chain Blog

Buy a domain name. Associate that domain with a DNS server. Done. When you’re spinning up a presence on the internet, domain registrars make it easier to get started with a basic authoritative domain name system (DNS) hosting. That’s what most small businesses need ultimately—a reliable service that answers DNS queries. No more, no less.

article thumbnail

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.

article thumbnail

ManagePlus—your journey before, with and beyond RISE with SAP

IBM Supply Chain Blog

RISE with SAP has not only been a major cloud player in recent years, it’s also become the standard cloud offering from SAP across different products. But when assessing what it takes to onboard into RISE with SAP, there are multiple points to consider. Especially important is a good understanding of the RACI split around Standard, Additional and Optional Services, along with relevant CAS (Cloud Application Service) packages.