Sun.Jan 28, 2024

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CPO Crunch: A rewarding time

Procurement Leaders

As we, and more than 40 CPOs from our global community of leaders, embark on the process of judging the World Procurement Awards 2024 , it was a privilege to look through many of the entries before our panel of experts get stuck into the process this coming week. It’s reassuring and inspiring to see both the impact being made by procurement, but also the passion with which those working in the function are going about their business.

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Four Steps to Managing Supply Chain Bottlenecks and Constraints

Supply Chain Brain

By removing bottlenecks in the supply chain, companies can reduce inventory and operating expense, while enhancing throughput and overall effectiveness.

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Shipping via an Arctic Route Near You

Procurement Bulletin

Shipping via an Arctic Route Near You As shipping costs start to rise again due to climate effects at the Panama Canal and Houthi Rebel attacks in the Middle-East, interest in shipping routes via the Arctic is gaining renewed interest. Shipping via Arctic routes could save up to 40% in distance travelled compared to shipping via the Suez Canal. No British Cheese for You!

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Japan Launching First Ammonia-Fueled Ammonia Gas Carrier in 2026

Supply Chain Brain

The 10.5-million-gallon ammonia fuel ammonia carrier, which is being built at the Japan Marine United Corporation (JMU) Ariake Shipyard, is scheduled to be delivered in November 2026.

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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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Who is responsible for creating the “right” company culture?

Procurement Insights

EDITOR’S NOTE: In his share of a post by Andrew Hilger talking about Microsoft’s leadership, Mintec’s Vinay Kapoor said the following about leadership: “Leadership is an exercise in bringing the best out of everyone, and yes, it involves being tough from time to time, but it is not about being the loudest voice in the room.” What are your thoughts on the above comment?

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Watch: The True Cost of High Turnover in Logistics

Supply Chain Brain

High employee turnover has a heavy impact on logistics companies. Mia Mazal, chief of staff with Sworkz, offers tips on how they can improve retention and create a positive environment for workers.

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Boohoo Cuts Ties with U.K. Supplier After Claims of Overtime Work

Supply Chain Brain

The move came out January 26 after a BBC documentary entitled “Boohoo’s Broken Promises” accused the fast-fashion chain of putting undue pressure on garment suppliers.

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Mastering the Art of Strategic Sourcing: Essential Tips and Tricks

Empowering CPO

Introduction In the dynamic realm of procurement, organizations strive to not only meet their immediate needs but also to establish sustainable and cost-effective supply chains. At EmpoweringCPO, we excel in Strategic Sourcing Outsourcing , a methodical approach to procurement that emphasizes data-driven decision-making, market intelligence, and innovative procurement analytics tools.

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Will the Feds Make Good on Their Promise of Funding for U.S. Ports?

Supply Chain Brain

Will all of that money earmarked by the Biden Administration for U.S. port development actually materialize, and end up being used for its intended purpose?

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