Wed.Feb 01, 2023

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Make Safety Your Warehouse’s New Year’s Resolution

All Things Supply Chain

The new year is a perfect time to reflect on the past 12 months and determine how to improve.

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A three-man company making a million USD in revenue

ABC of Procurement

Here is a story I would like to share with you from my career. It is quite common for me to share them with my younger colleagues so they can learn from them. The post A three-man company making a million USD in revenue first appeared on ABC of Procurement.

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Procurement Heads win national award

Procurement Heads

The awards, which took place at the Brewery and were presented by comedian Jo Caulfield, recognise companies for their ongoing development and improvement of their teams. Procurement Heads were particularly praised for their investment in the team at every level. Rupert Gaster, Founder and Managing Director of Procurement Heads, said, “I am particularly proud that we have won this award as it recognises the team’s amazing contribution to our overall success as a business.

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Flytrex, drone partner receive critical FAA approval for expansion

Supply Chain Dive

The carrier, whose customers include Taco Bell and Wendy's, may be able to scale delivery service to 82 million eligible properties nationwide.

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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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The mega trends offering the best opportunities for supply chains

SCMR (Supply Chain Management Review)

From robotics to self-driving vehicles, Frost & Sullivan’s annual list of mega trends offers plenty of opportunities for supply chains to excel.

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Patent Pending: Choosing when to deploy AVs, using drones in intermodal transit

Supply Chain Dive

Amazon and UPS have some unusual ideas on how to integrate autonomous vehicles and other technology into their operations.

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Whirlpool’s production takes a hit after supplier disruption

Supply Chain Dive

The hiccup at the unnamed supplier was resolved in mid-January, but not before costing the appliance maker millions in lost sales and profits.

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Why cybersecurity is important for your supply chain

Strategic Sourceror

If you haven't updated your organization's cybersecurity posture yet — it's time to consider it. Supply chains are a valuable asset that malicious actors view as high priority targets as they are a central backbone to any company. Furthermore, large supply chain organizations are viewed by nation state-level cyberwarfare organizations as force multipliers for their attacks, helping them cause chaos on a widespread level.

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Scoutbee: Vendor Analysis — SxM solution overview, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Procurement Systems & Architecture , Supplier Information Management Tags: PRO In this Spend Matters PRO Vendor Analysis, we give an overview of Scoutbee, a SIM (supplier information management) and SDM (supplier discovery management) solution built to help organizations develop the best decision-making processes for supplier lifecycle management.

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FedEx, Shippo agreement expands small shipper access to delivery discounts

Supply Chain Dive

The deal with the shipping platform gives FedEx access to more potential customers as it looks to offset volume declines.

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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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The more things change, the more they stay the same

SCMR (Supply Chain Management Review)

Just as with other technologies, AI will enable people to get more done than previous generations of workers.

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The Three Biggest Challenges For Procurement – And What To Do About Them

Let's Talk Supply Chain

It’s only recently that companies have realized the power that product and procurement teams have in solving the challenge of decarbonization. Early approaches have been to build small corporate sustainability teams dedicated to collecting and reporting data. However, their lack of departmental expertise and integration meant that there remained a disconnect between the problem and the solution.

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January PMI is down but remains in close range to estimates, reports ISM

SCMR (Supply Chain Management Review)

The report’s key metric, the PMI, at 47.4 (a reading of 50 or higher indicates growth), down 1.0% from December’s 48.4, contracting, at a faster rate, for the third consecutive month. The last three months of contraction, through January, were preceded by a stretch of 29 consecutive months of growth. ISM also said that the overall economy contracted, at a faster rate, in January, for the second consecutive month, which was preceded by 30 consecutive months of growth.

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FedEx to Cut Management Jobs by More Than 10%, CEO Says

Supply Chain Brain

The slump in parcels is industry-wide, with rival United Parcel Service Inc. reporting on January 31 lower U.S. volumes and a forecast for declining sales in 2023.

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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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From Rethink to Realization: Ten Procurement Challenges the Manufacturing Sector Will Face in 2023

Jaggaer

The post From Rethink to Realization: Ten Procurement Challenges the Manufacturing Sector Will Face in 2023 appeared first on JAGGAER.

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Smart Workforce Software Puts a Plug in the Retiring Workforce Brain Drain

Supply Chain Brain

Multiple market pressures have made workforce development and workflow optimization top of mind for leading manufacturers.

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Re-inventing the last mile

SCMR (Supply Chain Management Review)

In recent years, new business models have disrupted the last-mile delivery space. Not all are sustainable.

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Mexico’s Industrial Hubs Grow as Part of Shift Toward Nearshoring

Supply Chain Brain

The pace of the growth is putting a premium on logistics capabilities, including distribution centers positioned to quickly reach U.S. customers.

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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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Sustainability won’t improve unless suppliers are empowered

HICX

Article by HICX CEO, Costas Xyloyiannis, appears in the January/February issue of Industrial Distribution Magazine.

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Vast Majority of Workers will Join or Stay with an Employer who Prioritizes Physical Safety – Survey

Supply Chain Brain

Recent survey reveals investing in workplace safety technology is critical for employers’ ability to recruit, train and retain a workforce.

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Should I Stay or Should I Go? What Keeps You with Your Present Company?

Procurement Insights

The following comment from Anna McGovern, CPIM, CSCP , regarding the Mita Gupta article below resonated with me. What do you think – why do employees stay or leave a company? “Thank you for the tag CPO ARENA and Jon W. Hansen. The issue of talent retention is a top priority for supply chain and procurement officers in 2023. Experienced and skilled talent left their jobs because they can, either due to retirement or greener pastures somewhere else.

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Technology Round-Up — February 1, 2023

CPO Rising

CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.

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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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Retailers – Quit Bellyaching and Differentiate Yourself on Returns

Supply Chain Brain

Welcome to returns season. Are we having fun yet?

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Change Management in Procurement

Una

Mastering Change Management in Procurement Change management in procurement is an integral part of any sourcing manager’s job. Here are three steps to overcome resistance to change. By Kris Lance | February 2, 2023 Search It’s probably safe to say your organization is experiencing a lot of changes these days. Implementing and adapting to change can be challenging for everyone and you’ve most likely witnessed a major change fail to land within your organization, even under normal circumstances.

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3 reasons why egg prices have skyrocketed

Strategic Sourceror

Selling for significantly more than they did as little as a year ago, egg prices have cracked all sort of records. While some have attributed the cost growth solely to the effects of inflation, there are a variety of factors at work, much of it having to do with diminished supply. 1. Avian influenza Perhaps the biggest contributor to the problem is avian influenza.

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