Mon.Jul 10, 2023

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Can brands save profits without squeezing suppliers?

Procurement Leaders

With inflation driving down sales, manufacturers can only push costs up so much and they’re feeling the pinch. While the reflex for many will be to squeeze suppliers, this isn’t the solution. Pressuring suppliers to drop prices only limits the resources with which they can work. This blocks the value that manufacturing brands can draw from these businesses, such as dependable supply and information that prevents risk and attracts opportunities.

Suppliers 147
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Uncertainty at Yellow sparks freight shift to other carriers

Supply Chain Dive

Some shippers are sending their loads to other LTL carriers over concerns about the company's future, TD Cowen analysts say.

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Proactis: Vendor Analysis, 2023 Update (Part 3) — S2P solution process/module details and analyst summary

Spend Matters

Part 3 of this Spend Matters PRO Vendor Analysis 2023 update focuses on a deeper overview of each part of Proactis offering for S2P, with a detailed look at each of its modules. We also cap off the series with an analyst summary. This content is for members only. Visit the site and log in/register to read. The post Proactis: Vendor Analysis, 2023 Update (Part 3) — S2P solution process/module details and analyst summary appeared first on Spend Matters.

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B.C. Maritime Employers Association Resumes Labor Talks with ILWU Canada

Supply Chain Brain

The BCMEA introduced a revised proposal aimed at resolving skilled trade shortages while also addressing ILWU Canada’s hope to expand its jurisdiction over regular terminal maintenance workers.

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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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Proactis: Vendor Analysis, 2023 Update (Part 1) — S2P solution overview, market analysis, company SWOT, competitors

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Proactis and its solution for source-to-pay (S2P). The complexity of S2P with its use of multiple systems to address each aspect it covers, manual processes, data quality issues and process variations can make managing the end-to-end process difficult. Organizations need to invest in technologies that improve visibility and control over the entire S2P process.

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KB Home says efforts to trim SKUs lowered building times, costs in Q2

Supply Chain Dive

Although overall product availability is improving, air conditioning and heating equipment, switchgears and transformers remain in short supply.

Supply 90

More Trending

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What are Scope 3 emissions and why should the worldwide air cargo logistics industry care?

SCMR (Supply Chain Management Review)

Collaboratively working to reduce emissions is not only good for the health of individuals and the planet; it is also good for business, and that's why the air cargo industry needs to address Scope 3 emissions.

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PepsiCo struggles to advance its plastic sustainability goals

Supply Chain Dive

The food and beverage company is inching closer to its goal of using 100% repurposed, compostable or biodegradable packaging.

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Watch: Building Intelligent Composable Supply Chains

Supply Chain Brain

Achieving an intelligent, composable supply chain is all about embracing heterogeneity in technology and data sources, says Rohit Tripathi, principal chief technology officer at Grid Dynamics.

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Manufacturing slowed in June to some of its lowest levels this year

Supply Chain Dive

More companies turned to layoffs last month as soft demand pushed manufacturers to cut costs.

Demand 89
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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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Supply Chain Automation: The Key to Optimizing Retail Operations

Supply Chain Brain

Automation enables greater visibility throughout the supply chain, and can help supply chain managers identify early-warning signs and take action before a disruption occurs.

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What is vibration analysis and how can it help optimize predictive maintenance?

IBM Supply Chain Blog

Vibration analysis (or vibration monitoring) is a powerful diagnostic tool for identifying, monitoring and preventing mechanical failures in rotating and reciprocating machinery. It’s an essential component of predictive maintenance programs, allowing technicians to detect developing problems in equipment before they lead to costly unplanned downtime or catastrophic failures.

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U.S. Cargo Import Volumes for 2023 Expected to Peak in August

Supply Chain Brain

Cargo import volumes in the United States are expected to increase to 1.94 million units during July followed by 2.03 million units in August.

Import 71
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The Right Places for the Mid-Market to Find Supplier Relationships

Art of Procurement

For a long time, procurement has been looking for supplier relationships in all the wrong places. Traditional supplier discovery efforts. The post The Right Places for the Mid-Market to Find Supplier Relationships appeared first on Art of Procurement.

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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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Foxconn Withdraws from $19.5bn Indian Chip Project

Supply Chain Brain

Foxconn said that the decision was a “mutual agreement,” but that it is still “confident” about the country’s semiconductor hopes.

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Proactis: Vendor Analysis, 2023 Update (Part 3) — S2P solution process/module details and analyst summary

Spend Matters

Part 3 of this Spend Matters Vendor Analysis 2023 update focuses on a deeper overview of each part of Proactis offering for S2P, with a detailed look at each of its modules. We also cap off the series with an analyst summary. This content is for members only. Visit the site and log in/register to read. The post Proactis: Vendor Analysis, 2023 Update (Part 3) — S2P solution process/module details and analyst summary appeared first on Spend Matters.

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U.K. Supermarkets Investigating Alleged Mistreatment of Migrant Fishers

Supply Chain Brain

Many U.K. fishers are employed through an immigration “loophole” that allows them to be subjected to forced labor and restricted access to medical care.

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Proactis: Vendor Analysis, 2023 Update (Part 2) — S2P solution strengths and weaknesses, tech selection tips

Spend Matters

Part 2 of this Spend Matters Vendor Analysis 2023 update focuses on the strengths and weaknesses of Proactis’ S2P solution. We will also look at the elements to consider when looking at SAP Ariba as a potential solution provider. Part 1 of the series provided a history and overview of Proactis’ S2P solution and a company-level SWOT analysis and profiles of competitors.

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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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Positive Purchasing Nails Double ISO Achievement

Positive Purchasing

Leading procurement and negotiation digital platform and training provider, Positive Purchasing, has attained accreditation for both ISO9001 and ISO27001. A rather delighted Jonathan O’Brien, Positive Purchasing CEO, said: “Although we were there, or thereabouts, across most of our processes and procedures, we decided to do a full root and branch review of how the business runs, then make improvements and innovations that are above and beyond the ISO requirements.

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Navigating the Mediation Process

Negotiations Ninja

Amy Mariani practiced law for 20 years on behalf of individuals and corporations in employment, personal injury, and business-related contexts. In 2016, she became a full-time neutral party and transitioned into mediation. Now she helps businesses and individuals move out of conflict and into the future. Navigating the mediation process—with willing participants—can be tricky.

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How to improve employee experience (and your bottom line)

IBM Supply Chain Blog

In a nutshell, employee experience refers to the totality of interactions employees have with their organization. It starts the moment a potential hire spots a company’s listing for an open position and ends with an employee’s retirement or departure. It includes every aspect of an employee’s professional life—from workplace culture, company mission, title, daily responsibilities and co-workers to workspaces, systems, company policies and interactions with human resources

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How AI Can Help Address Emerging Supply Chain Risks

Supply Chain Brain

Artificial intelligence and machine learning are equipping global supply chains with the tools they need to address heightened risk in the era of COVID-19.

Risk 45
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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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Dover Chemical Corporation Uses Arkestro to Consume Internal Data to Drive Procurement Savings and Improve Processes

Arkestro

Resources / Case Studies / Dover Chemical Corporation Uses Arkestro to Consume Internal Data to Drive Procurement Savings and Improve Processes Dover Chemical Corporation Uses Arkestro to Consume Internal Data to Drive Procurement Savings and Improve Processes Dover Chemical Corporation provides chemical specialty products to customers around the world.

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What’s the Difference Between Spend Visibility and Spend Intelligence?

SpendHQ

With climate and social equity issues ever approaching a crisis point, responsibility for the future has fallen squarely on corporations and the way they operate. Procurement professionals have quickly become key actors in the race to drive change and are always looking for new ways to increase their impact. The post What’s the Difference Between Spend Visibility and Spend Intelligence?

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CPO Rising 2023: The Top Risks Facing Procurement in 2023

CPO Rising

Today, we feature our ongoing coverage of this year’s 18th-annual CPO-themed report, where my team and I continue our nearly two-decade-long dialogue with chief procurement officers (CPOs) and other procurement leaders.

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Attackers Torch Trucks on Another Key South African Trade Route

Supply Chain Brain

The attackers reportedly torched five vehicles July 10 on the N4 highway that links the commercial hub of Gauteng to the Port of Maputo in neighboring Mozambique.

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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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Transforming IT operations and application modernization with artificial intelligence

IBM Supply Chain Blog

Many organizations have embraced the hybrid cloud for its flexibility, scalability and capacity to accelerate market deployment. Hybrid cloud enables businesses worldwide to promote data security and accessibility for various projects and analysis. However, managing multiple hybrid clouds can be a complex endeavor, especially considering the evolving nature of enterprise requirements and the sheer number of applications in enterprise portfolios today.

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303% ROI: The Total Economic Impact™ of IBM Security Randori

IBM Supply Chain Blog

What can your organization achieve with an offensive security platform? According to a new Forrester Consulting study , the IBM Security Randori platform delivered a 303% ROI over 3 years and paid for itself in less than 6 months by helping to mitigate risk exposure, better prioritize risk response decisions and act faster. About the study IBM commissioned Forrester to conduct the Total Economic Impact™ (TEI) study by interviewing four clients about the value of their investments in the Ra

Risk 52
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What is Web3 and how does blockchain enable it?

IBM Supply Chain Blog

Web3is a vision and technology effort—coupled with economic incentives—to rebalance economic power in the web across service providers, application developers and consumers. This effort envisages a decentralized , more balanced world. Trust and power are distributed across service providers and application or content creators, consumer privacy is honored (as responsibility of data management moves to the edge) and creators are compensated for their creations.