Tue.Jul 25, 2023

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The Supply Chain Industry: A Rewarding Path for GenZ Young Professionals

Supply Chain Brain

These young professionals are looking for the opportunity to tackle big challenges and make a big difference right away, which is something that a supply chain career can offer.

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The Hidden Risk of Chinese Suppliers

SCMR (Supply Chain Management Review)

When a Chinese supplier goes bankrupt, they often stop production and shut down immediately, leaving companies no way to recover goods or their investments. But there are some signs to look for that may indicate a potential bankruptcy.

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Watch: Can Companies Comply With ESG Mandates and Grow Revenue?

Supply Chain Brain

Craig Coulter, advanced manufacturing and mobility sustainability leader with EY, assesses the progress that supply chains are making in complying with environmental, social and governance (ESG) requirements.

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UPS, Teamsters reach tentative agreement on national contract

Supply Chain Dive

The tentative deal is a welcome development for shippers, but it still needs to be reviewed and voted on by union-represented employees.

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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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UPS Agrees Contract with Teamsters, Avoids Strike of 340,000 Workers

Supply Chain Brain

UPS said that the five-year agreement covers U.S. Teamsters-represented employees in small package roles and is subject to ratification by union members.

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Maersk expands air freight services with Atlanta gateway

Supply Chain Dive

The 123,000-square-foot facility is part of the shipping giant’s push to bolster its end-to-end logistics solutions.

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Analyst Eye on procurement digitalization and the case for ‘Autogmentation’

Spend Matters

Some time ago our senior analyst specializing in sourcing, SxM and ESG technologies, Bertrand Maltaverne , coined the term ‘Autogmentation’ when he was analyzing the hand-in-hand relationship between automation and augmentation during the procurement digitalization process. By Automation, we mean automating tactical tasks, whether repetitive, lower value or less strategic, thus removing the person from the task to bring about improved efficiency and speed.

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Shipping Routes for Ukrainian Grain Exports Dwindle Under Russian Attacks

Supply Chain Brain

Even before Russia terminated the Black Sea agreement, Ukraine had increasingly relied on alternative routes for its exports.

Export 90
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Ford supplier invests $790M to build 3 Tennessee plants

Supply Chain Dive

Magna International will produce key parts for Ford’s second-generation electric truck, and is the first company to join the automaker’s supplier park.

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Special Digital Issue: The science behind creating supply chain certification value

SCMR (Supply Chain Management Review)

Download our new Special Digital Issue as we explore the many opportunities available as you look to advance your knowledge, whether that is through certification programs or other educational opportunities.

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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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Chocolate maker ahead of cost savings schedule as it slashes inventory

Supply Chain Dive

Rocky Mountain Chocolate Factory has already achieved 60% of its annual cost saving target introduced last quarter, according to its CEO.

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IBM named a leader in ESG reporting and data management software by independent research firm

IBM Supply Chain Blog

Independent research firm Verdantix recently identified IBM as a leader in their report, “ Green Quadrant: ESG Reporting and Data Management Software ” (July 17, 2023), which evaluated and provided a detailed assessment of solution providers and their product offerings. The rigorous analysis conducted by Verdantix included a comprehensive 115-point questionnaire, two-hour live demonstrations by suppliers and interviews with existing ESG software customers.

Data 59
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Gap adds its name to the Pakistan Accord

Supply Chain Dive

The retail giant signed the legally binding agreement which aims to guarantee supply chain worker safety.

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Optimizing energy production with the latest smart grid technologies

IBM Supply Chain Blog

New technologies are shaping the way we produce, distribute and consume energy. Smart grid technology—an integral part of energy’s digital transformation—promises to modernize the traditional electrical system with an infusion of digital intelligence that helps energy providers transition to clean energy and reduce carbon emissions.

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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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Open-es and JAGGAER together for more sustainable procurement

Jaggaer

An agreement has been signed to make corporate procurement even more sustainable: JAGGAER technology is now integrated with Open-es, the digital platform that connects companies, banks, associations, and institutions in a collaborative ecosystem, supporting development and growth on the dimensions of sustainability.

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Why Procurement Compliance is Crucial

Barkers Procurement

Why procurement compliance is crucial Complying with rules when contracting service providers and when approving purchases is an essential part of procurement. Compliance entails formulating processes for company spend management, following them and enforcing them. By not monitoring how employees, suppliers and other relevant parties are complying with the rules for spend management and with the terms and conditions of agreements, organisations are exposing themselves to a host of risks.

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5 of the Most-Read Procurement Articles on the Una Resource Center

Una

5 of the Most-Read Procurement Articles Don’t miss the five most-read procurement articles on Unaversity, Una’s online resource center dedicated to empowering procurement. By Hugo Britt | July 25, 2023 Search Search It’s always interesting to discover which articles on a blog drive the most engagement. Doing so reveals the topics that our community of procurement and supply managers are most interested in, from the latest trends to perennial topics that will never go out of date.

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10 Digital Procurement Transformation Mistakes to Avoid

Procurement Software

So, you’re about to embark on a digital procurement transformation in your organization. You’ve read lots of articles, listened to a few of the best procurement podcasts , maybe been to a conference or two , and networked with some of your peers. Great. So, you’re well informed and ready to set out on your journey. Well, not quite. Digital Procurement Transformation: why you may fail In this piece, we focus on the 10 main reasons why a digital procurement transformation may fail.

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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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5 Questions to Ask During a Spending Analysis

SpendHQ

Once you’ve taken advantage of simple, surface-level opportunities, there’s a deeper world of savings waiting underneath. However, to reach this new realm, you’ll need to know which questions to ask and when to ask them. So, you don’t have to figure the process out on your own with trial and error, here are five starter questions you can leverage to make the most of your spending analysis.

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Adapt to Survive: How to Abort the Extinction of Procurement with Thames Water’s Commercial & Procurement Director, David Wylie – Episode 80

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Listen on Google Podcasts Listen on Amazon Episode show notes “Procurement was once the gatekeeper to the marketplace. Technology speeds up how we do things, and brings the external market to internal stakeholders.” The one defence we have against extinction of any kind is adaptation. It might … Continued The post Adapt to Survive: How to Abort the Extinction of Procurement with Thames Water’s Commercial & Procurement Director, David Wylie &#

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European Chips Act Worth €43B Gets Final Stamp of Approval

Supply Chain Brain

After being approved by the Council of the European Union, the regulation will be signed by the President of the European Parliament and the President of the Council.

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JAGGAER Names Its New Chief Marketing Officer: Eva Skidmore

Jaggaer

JAGGAER's latest news on procurement & sourcing. Read now: JAGGAER Names Its New Chief Marketing Officer: Eva Skidmore.

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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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Wheat Rally Fades as Russia Fails to Disrupt Key Danube Port

Supply Chain Brain

The Ukrainian Port of Reni on the Danube was operating at maximum capacity July 25, despite an attack by Russian drones July 24.

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Supplier risk management within an S2P suite – Ward Karson from Raindrop

The Procuretech Podcast

In this episode of the Procuretech Podcast, host James Meads is joined once more by Ward Karson, Chief Operating Officer of Raindrop – an enterprise spend management suite based in California. Today they discuss the pros and cons of tackling supplier risk management from within an S2P Suite. Supplier Risk Management Within an S2P Suite – Ward Karson from Raindrop Timestamps 2:34 Background on Raindrop.