Fri.Feb 03, 2023

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DuPont CPO Gonzalez on geopolitical risks, building relationships and prioritising amid the polycrisis

Procurement Leaders

Miguel Gonzalez is no stranger to choppy waters. Long before he embarked on his career in procurement, the CPO of multinational chemicals behemoth DuPont spent six years in the Spanish Navy before his circumstances changed and he came to realise life at sea was not conducive to raising a family. “I thought that was going to be my career. But, I met my wife, we got married and had a kid, and I realised that being in the navy and having a family were not compatible, so I quit,” he tells Proc

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Supply Chain Weekly Wrap-Up 01/27/2023-02/02/2023

All Things Supply Chain

Amazon & UPS submit patent for drone delivery integration Both Amazon and UPS have recently submitted patents on how to integrate autonomous vehicles (AVs) into their supply chain operations.

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FedEx Office to end SameDay City service

Supply Chain Dive

The carrier’s retail service unit is ditching what it dubbed “the fastest local shipping option” in large metro areas as the shipping giant looks to reduce costs.

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Reaching 100% sustainable packaging proves difficult to achieve

SCMR (Supply Chain Management Review)

While many companies pushed 100% sustainable packaging goals, most are unlikely to meet those targets and instead will switch to carbon-reduction efforts.

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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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FedEx to end SameDay City service

Supply Chain Dive

The carrier is ditching what it dubbed “the fastest local shipping option” in large metro areas as it reduces its costs in the face of declining demand.

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Visibility is crucial for supply chains

Strategic Sourceror

As any supply chain professional will tell you, managing various day-to-day operations and keeping track of everything going on in the supply chain are among the most difficult parts of the job. These tasks, combined with the increasing levels of complexity and risk that modern supply chains have had to go through, has made tracing exactly what's going on even more difficult than it had been in the past.

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Is your supply chain recession ready?

Strategic Sourceror

There have been rumors of an incoming recession for a while now. With this in mind, there's no time like the present to evaluate whether your supply chain will be able to weather the storm of another set of unfavorable economic conditions. There are plenty of challenges that a recession can bring, and having a set response for each of them could help your organization stay ahead of the competition.

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Lululemon looks to increase supplier diversity for corporate buying

Supply Chain Dive

The athleisure brand said it will increase the volume of buying from vendors owned operated by women and underrepresented groups in its non-merchandise spend.

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CPO Rising Listicle: Six Things to Help Prepare for a Supplier Negotiation

CPO Rising

Fridays (in 2023) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendation designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.

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[Pod] Procurement 6 – February 3rd, 2023

Art of Procurement

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement. The post [Pod] Procurement 6 – February 3rd, 2023 appeared first on Art of Procurement.

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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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January services economy activity is strong to start 2023

SCMR (Supply Chain Management Review)

The Services PMI—at 55.2 (a reading of 50 or higher signals growth)—increased 6.0% over December’s 49.2, which was down 6.9% compared to November’s 55.5.

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Future of Sourcing – The New Age CPO

Jaggaer

The post Future of Sourcing – The New Age CPO appeared first on JAGGAER.

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Can we stick with it this year?

SCMR (Supply Chain Management Review)

Here are six areas that could use some extra attention.

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Automated Invoice Processing: Definition & Steps to Improve Invoice Management

Pipefy

Invoices are documents generated and issued by suppliers that indicate the products, product quantities, and pricing for products and services provided by them to a business, either via email, mail, or electronically. While the primary use for invoices is to ensure suppliers and vendors get paid for their products or services, they also serve other important functions for those that receive them.

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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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January services economy activity is strong start to 2022

SCMR (Supply Chain Management Review)

The Services PMI—at 55.2 (a reading of 50 or higher signals growth)—increased 6.0% over December’s 49.2, which was down 6.9% compared to November’s 55.5.

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Supply Chain Resolutions: Can we stick with it this year?

SCMR (Supply Chain Management Review)

Here are six areas that could use some extra attention.