Mon.Jan 09, 2023

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All Things Supply Chain- Top 5 Supply Chain Trends For 2023

All Things Supply Chain

Looking back at the trials and tribulations that faced the supply chain in 2022, the biggest obstacle proved to be operating in a world changed by the global pandemic.

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The Shift Towards Sustainability While maintaining high Profitability

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. The Shift Towards Sustainability While maintaining high Profitability. The shift towards sustainability is gaining popularity. However, many are still doubtful about the benefits it may give, especially since shifting towards it entails a huge investment.

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Malcolm Gladwell (Author), and Tim Harford (BBC) Host of Cautionary Tales Discuss Building Sustainable and Transparent Business with Sheri Hinish

Supply Chain Queen

Sustainable supply chains are good for the planet and good for business. In this podcast, Malcolm Gladwell takes on this topic with Tim Harford, host of Cautionary Tales, and guest Sheri Hinish, IBM’s Global Sustainability Services Leader and Offering Leader for Sustainable Supply Chain, known as the “supply-chain queen.” They discuss the supply-chain crisis and.

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Extreme heat poised to deplete manufacturing output, report warns

Strategic Sourceror

From far-reaching wildfires in states that typically don't get them in the summer to a spike in Category 4 hurricanes in the fall, the devastating repercussions of climate change play out across the country on a regular basis. While weather as a rule is variable, evidenced by the natural changes in air temperatures from seasonality, the data proves that the planet's temperature is on a steady track higher.

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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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Managing Tail Spend to Avoid “Porcelain Dalmatians”

Una

Managing Tail Spend to Avoid "Porcelain Dalmatians". 5 steps to take when managing tail spend to avoid making purchases within an organization that go underutilized or unused. By Eric Edwards | January 10, 2023. Search. Tail spend refers to an organization’s high-volume, low-value transactions that are typically unmanaged by the procurement team. Some procurement departments use the 80/20 Pareto principle to focus on the large (80 percent) clients and contracts where supposedly greater savings

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Tesla production costs could rise after lithium supplier revised deal

Supply Chain Dive

The new agreement will peg prices for the material — key to battery production — to the market, which has tightened with demand spikes.

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UPS leads peak season on-time rate again in 2022: ShipMatrix

Supply Chain Dive

Rival FedEx ranked second among national carriers, posting a 7 percentage-point improvement from the last holiday season.

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New Year Insights for the procurement solutions and services marketplace 2023: Supply Wisdom and SAP

Spend Matters

Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: EU , Insights Series For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different and we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how th

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UPS projects handling up to 70M in returns from peak holiday season

Supply Chain Dive

The delivery giant could process 5 million more returns than it did a year ago.

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Jiga: Vendor Analysis — Direct materials sourcing solution overview, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Procurement Systems & Architecture , Sourcing Tags: PRO In this Spend Matters PRO Vendor Analysis we give an overview of Jiga, a direct materials sourcing solution that specializes in centralizing and automating the sourcing activities of manufacturing-related spend. . Sourcing manufactured parts requires a lot of back-and-forth with suppliers over disconnected email chains and manually updated spreadsheets.

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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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Oatly sells two plants in cost-cutting measure

Supply Chain Dive

Ya YA Foods will take over most assets at the Texas and Utah facilities, as the plant-based food producer looks to focus on product innovation.

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Changing of the guard at Supply Chain Management Review

SCMR (Supply Chain Management Review)

Brian Straight has joined Peerless Media’s Supply Chain Group as the new Editor in Chief of Supply Chain Management Review, replacing Bob Trebilcock, who will concentrate on his role as Executive Editor of Modern Materials Handling.

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5 Procurement Trends for 2023 and How to Navigate Them

Pipefy

Uncertain global markets. Layoffs and hiring freezes. Supply chain risks heightened by geopolitical conflict. These are just some of the many challenges procurement teams have had to face since the pandemic and throughout 2022. What all of these obstacles have made clear is that process resilience and long-term procurement strategies are essential for mitigating future risks. 2023 will serve as a chance to reset, rebuild, and forge a path forward by implementing technology that delivers process

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[Pod] Navigating the Perfect Storm Using Category Management w/ Stephane Morel

Art of Procurement

“We have so many priorities to consider. At the same time, we are navigating through the perfect storm. We have. The post [Pod] Navigating the Perfect Storm Using Category Management w/ Stephane Morel appeared first on Art of Procurement.

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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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December services economy activity finishes 2022 with some declines, reports ISM

SCMR (Supply Chain Management Review)

The Services PMI—at 49.6 a (a reading of 50 or higher signals growth)—fell 6.9% off of December’s 56.5, snapping a 30-month run of growth, coupled with the PMI contracting for two consecutive months for the first time going back to April and May 2020, in the early months of the pandemic. What’s more, prior to December’s PMI contraction, services growth had been intact for 152 of the last 154 months through November.

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Watch: Parcel Forum '22: Celebrating 20 Years

Supply Chain Brain

Any company involved in parcel shipping and delivery needs to be at the 2023 edition of Parcel Forum in Nashville, says Joel Dunkel, president of EventEvolution Management, which produces the trade show.

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Is Inventory Considered a Current Asset?

Finale Inventory

Whether your business deals in raw materials, components and parts or finished products, your inventory is an essential source of potential revenue. It represents a significant investment and is part of your total current assets. Learn more about what current assets are and the best way to calculate and use your current assets. What Is Considered a Current Asset?

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CVS Says 2022 Revenue Beat Guidance in Preliminary Results

Supply Chain Brain

CVS’s drugstore chain is coping with headwinds that include diminished concerns about the pandemic, which has translated into fewer visits for COVID-19 tests and vaccinations.

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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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316: Plug In and Go Faster, with TraceGains

Let's Talk Supply Chain

Today I’m joined by TraceGains , the world’s only networked ingredients marketplace. Founded in 2008, TraceGains connects people and information so teams can work smarter. As a global technology company, they provide networked innovation, quality, and compliance solutions to consumer brands that want to reduce supply chain risk, innovate faster, speed up business processes, and take control of data.

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The Holy Sales Trinity

Negotiations Ninja

According to Sales Guru Carson Heady, the “Holy Sales Trinity” consists of your company, your customer, and you. You have to understand what is a win for each of these people and prioritize them. You have to understand their priorities, key timelines, perspectives, budget, milestones, etc. As you work through a deal, you have to […].

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Pandemic-driven shipping surge ends

SCMR (Supply Chain Management Review)

With imports below the 2 million TEU mark, major ports escape the pressures of the past year.

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How Cin7’s order management system streamlines your operation and cuts costs with order consolidation

Orderhive

The post How Cin7’s order management system streamlines your operation and cuts costs with order consolidation appeared first on Cin7 Orderhive.

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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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Europe Gas Rebounds as Region Seeks to Ensure LNG Keeps Flowing

Supply Chain Brain

While Europe has so far made it through an unprecedented energy crisis that has fueled inflation, much of the winter remains.

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Best of 2022: Procurement Agility — The Next Frontier in 2022

CPO Rising

Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2022 articles as we reflect on the year and prepare for the new year ahead. In this week’s segment covering our CPO Rising 2022 Report, we’ll look at the characteristic of “procurement agility” and its criticality to Chief Procurement Officers […].

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Amazon U.K. Warehouse Closures Put 1,200 Jobs at Risk

Supply Chain Brain

The online retailer also said it planned to open two new centers, creating 2,500 jobs over the next three years.

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Russian Ship’s Secretive South Africa Stop Prompts U.S. Questions

Supply Chain Brain

The visit demonstrates the difficulty for the U.S. and its allies of enforcing sanctions against Moscow.

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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.

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Control Towers and Managing the Supply Chain of the Future

Supply Chain Brain

Control towers provide a dynamic, graphic visualization of orders, shipments, inventory and assets across the supply chain, for a single, trusted view shared by all parties in real time.

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DEMO - Control Towers and Managing the Supply Chain of the Future

Supply Chain Brain

Control towers provide a dynamic, graphic visualization of orders, shipments, inventory and assets across the supply chain, for a single, trusted view shared by all parties in real time.