Tue.Mar 26, 2024

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Thought leader: How to get early supplier involvement right

Procurement Leaders

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. But does it work? Early supplier involvement is a term that has evolved since the 1990s, when the world discovered that Japanese automotive OEMs such as Toyota and Honda outperformed their competitors in terms of design quality and time-to-market.

Suppliers 130
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UPS plans to close around 200 US facilities, shift volume to automated hubs

Supply Chain Dive

The company is consolidating locations as part of its "Network of the Future" initiative, which aims to reduce its labor needs and save $3 billion by 2028.

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How to Overcome the Supply Chain Decision Gap

Supply Chain Trend

As John Lennon said, “Live is what happens while you’re busy making other plans”. Every supply chain plan or schedule meets variations or disruptions that require corrective decisions and actions. However, a gap remains between data, plans, insights and taking action to solve short and long term issues and grasp opportunities. I called this the “Decision Gap” in a recent webinar.

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Port of Baltimore halts vessel traffic after bridge collapse

Supply Chain Dive

While the port is still processing trucks, the loss of the Francis Scott Key Bridge will disrupt port operations for some time.

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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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6 Questions With … Tom Plotkin

SCMR (Supply Chain Management Review)

Adhering to ethical and responsible sourcing requirements and public pressure surrounding forced labor is putting new pressures on supply chains. Covington’s Tom Plotkin addresses these questions and more in this 6 Questions With … feature.

Ethics 97
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Lifetime Brands pursues less China reliance with Mexico factory

Supply Chain Dive

The company's plastics manufacturing facility is on track to reach full capacity this year as it pushes to expand its sourcing capabilities.

Sourcing 117

More Trending

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Meet AI in AP Automation

Spend Matters

Artificial intelligence (AI) comes in many forms (for a complete history of AI in procurement see our recently published autogmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. In this series of articles we explore the current state of AI in procurement technology.

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Water Now a Major Risk for World’s Supply Chains, Says Non-Profit

Supply Chain Brain

CDP says its research indicates at least $77 billion is under threat due to water risk in supply chains, with almost $7 billion at immediate risk.

Risk 104
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The challenges of spend management technologies and Raindrop’s industry-disruptive approach

Spend Matters

This content does not express the views or opinions of Spend Matters. In today’s dynamic business landscape, effective spend management is crucial for maintaining financial controls and achieving sustainable growth. However, many organizations still find themselves grappling with cumbersome and needlessly complex legacy spend management technologies which hinder, rather than facilitate, their efforts.

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Natural Language Processing Transforms Inventory Management

Supply Chain Brain

With proper human oversight, NLP can reduce supply chain challenges even before they occur, thus potentially saving companies substantial time and money.

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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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Baltimore Bridge Collapse Latest Supply Chain Disruption

SCMR (Supply Chain Management Review)

The Francis Scott Key Bridge in Baltimore was struck by a 948-foot cargo ship and collapsed early Tuesday morning, causing the bridge and several cars to fall into the Patapsco River. The supply chain impact is uncertain at this point.

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Automation Critical to Supply Chain Resilience, Says ISA

Supply Chain Brain

ISA stresses how manufacturers and other decision makers can help to deliver the many benefits of automation more effectively through several key steps.

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Wawa names new chief supply chain officer

Supply Chain Dive

Nelson Griffin previously served as SVP of strategic sourcing at a purchasing and services cooperative for Subway franchisees.

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E-SMART Reports 100% Reduction in Bridge Strikes on Roads From Pair of Carriers

Supply Chain Brain

E-SMART's technology uses geo-fenced data along with GPS to find out when a tractor is on a road with a bridge under 13 feet and six inches.

Data 98
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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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Port of Baltimore stops accepting export containers

Supply Chain Dive

The state-owned Seagirt Marine Terminal will be closed Friday, according to an alert.

Export 103
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Ford, GM Divert Shipments as Bridge Collapse Upends Supplies

Supply Chain Brain

Baltimore for years has been the top U.S. vehicle-handling port, with more than 847,000 cars and light trucks processed through there last year.

Supply 98
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When Is Conflict and Change A Good Thing?

Procurement Insights

Calgary Women in Energy is excited to announce our 2024 Allies in Energy Executive Forum. Since 2020 we have brought Executives together to discuss thought provoking topics and this year is no different. A highly esteemed panel of local energy Executives will meet on April 10th to discuss conflict and change management. We hope that you will join us at this year’s event.

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Incident at Baltimore Bridge Wasn't First Crash for Dali Container Ship

Supply Chain Brain

According to Vessel Finder, the Dali hit a stone wall at the port of Antwerp in Belgium on its way to Bremerhaven in 2016.

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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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AOP Introducing… RFP Ninja

Art of Procurement

Suppliers understand the time-consuming and challenging nature of responding to requests for proposals, security questionnaires, pricing requests, and other customer. The post AOP Introducing… RFP Ninja appeared first on Art of Procurement.

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Five Reasons to Slash Plastics in Packaging

Supply Chain Brain

Fortunately, there is a ready-to-use (and simple) solution that can virtually eliminate the use of plastics in many types of packaging.

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Meet the Founder: #1 – Nick Verkroost (Canopy)

Procurement Software

Welcome to a new series of blogs! This is where every month, we’ll ask the Founder or CEO of a procurement software company a few questions. The goal is to get to know them personally and also their product a little better. Our aim here is to shine a light on some of the lesser-known solutions. These 5-minute insights are perfect to read on a coffee break if you’re keen to grow your knowledge of digital procurement tools.

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Survey Shows Supply Chain Decision-Makers Prioritize Inventory Turnover

Supply Chain Brain

77% of of supply chain professionals said they prioritize inventory turnover, while 57% highlighted the need for forecast accuracy.

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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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MQLs vs. SQLs: Definitions and Key Differences

The Thomas Blog

Marketing qualified leads and sales qualified leads (MQLs and SQLs, respectively) are important potential customers for your company. MQLs are those who have shown interest in your offerings through various marketing efforts, while SQLs are those deemed ready for direct sales engagement based on specific criteria. By gaining insights into MQLs and SQLs, businesses can optimize their lead generation and conversion strategies and improve sales performance.

Buyers 52
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Women in Truck Association Names Trio of Winners for Driver of the Year

Supply Chain Brain

The three winners boast decades of trucking experience and numerous accolades throughout their years behind the wheel.

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The Sidekick #003

Una

The Sidekick #003 Food Insecurity – At Home & Abroad Kris Lance VP & General Manager, Una March 26, 2024 Intro Welcome to Issue #003 of The Sidekick ! You may remember that in the last issue we touched on the topic of beef. Well, I hope you’re hungry for more, because this month I’m exploring the wider challenge of food security at home and overseas.

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AOP Introducing… RFP Ninja

Art of Procurement

Suppliers understand the time-consuming and challenging nature of responding to requests for proposals, security questionnaires, pricing requests, and other customer. The post AOP Introducing… RFP Ninja appeared first on Art of Procurement.

Price 52
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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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Watch: How the Parcel Sector Is Stepping Up to Meet Customer Demands

Supply Chain Brain

Arthur Axelrod, chief executive officer and founder of Dispatch Science, brings us up to date on technology trends among couriers and parcel carriers serving the last mile.

Demand 52
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SAP Ariba and Coupa marketplaces: last ditch attempt or game changer?

The Procuretech Podcast

This episode of The Procurement Software Podcast delves into the debate surrounding the marketplace functionalities introduced by SAP Ariba and Coupa. Host James Meads discusses whether these launches are a desperate attempt to retain market share, or a very smart, strategic move. Tune in to gain insights into the evolving landscape of procurement technology.

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Dollar Tree to Shutter 600 Family Dollar Locations by End of 2024

Supply Chain Brain

The company will also be shuttering an additional 370 Family Dollar stores and 30 Dollar Tree locations when their leases end.

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The path to embedded sustainability

IBM Supply Chain Blog

Businesses seeking to accelerate sustainability initiatives must take an integrated approach that brings together all business and technology functions. Sustainability is no longer the responsibility of only the chief sustainability officer (CSO). It is not managed by a single department in a silo. Driving true sustainable impact, at scale, takes place when an enterprise is fully aligned to that transformation.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,