Tue.Jun 20, 2023

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CPO SPOTLIGHT: ANN ACKERSON

Procurement Heads

C ould you tell us a bit about your background? I have been a supply chain professional for 37 years, quite precisely! I describe it as closer to four decades than three decades, and a good chunk of that has had a heavy focus on procurement. I really do view myself as a supply chain professional, having worked in roles as wide-ranging as transportation and logistics, import/export, material planning, procurement, leading supply and demand teams, and material distribution across nine different in

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Should procurement teams aim for full maturity in all categories? Big bang or steady state? 

Procurement Leaders

Every year, Procurement Leaders’ research team explores category planning for the next 12 months. In previous years, we have looked at competitive pressures, market dynamics and savings forecasts. This time, we are looking at maturity. There is a vigorous debate in the world of procurement about the speed at which we transform categories. Some pioneering CPOs launch ‘big bangs’ in which categories are rolled out across the business in one rapid blast.

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The ‘Great Reset’ is underway

SCMR (Supply Chain Management Review)

While last year’s State of Logistics report highlighted the need to get back in sync, the 2023 version finds logistics operations building long-term resilience in an effort to best serve customers through a variety of distribution channels.

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Walmart opens high-tech fulfillment center in Indiana

Supply Chain Dive

The facility is the company’s largest to date and will move the retailer closer to its goal of offering two-day delivery to 95% of the U.S. population.

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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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Watch: How 'Tribal' Behavior Sabotages Digital Transformation

Supply Chain Brain

The majority of digital transformation initiatives for the supply chain fail because businesses engage in "tribal" behavior, according to a new book by Klaus Imping and Michael Ciatto.

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FedEx Freight’s closures focus on Arkansas, surrounding states

Supply Chain Dive

Customers in affected areas should keep an eye on any changes in pickup and delivery times, one expert noted.

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More Trending

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Global Chip Race Touches Off Spending Spree, Led by Intel’s $50-Billion Campaign

Supply Chain Brain

Combined, the U.S., EU, Japan and India have committed more than $100 billion in subsidies to attract the likes of Intel, Taiwan Semiconductor Manufacturing and Micron.

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Trucking spot market should improve from here, ACT Research suggests

Supply Chain Dive

“We are on track for a record contraction in labor capacity this year, which is key to the bottoming process,” senior analyst Tim Denoyer said in a statement.

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China to Sign New 27-Year LNG Deal with Qatar to Secure Fuel

Supply Chain Brain

China National Petroleum will seal a 27-year liquified natural gas purchase agreement of 4 million tons annually with QatarEnergy, according to a person with knowledge of the matter.

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Re-invent your warranty process with a digital twin

IBM Supply Chain Blog

According to Warranty Week , claims totaling 46 billion USD were paid by the global automotive Original Equipment Manufacturers in 2021. 54 billion USD in accruals have been made. This means that based on experience, roughly $630 per vehicle sold is held back for upcoming warranty issues. The challenge to avoid or reduce warranty claims and their costs is enormous, as flaws can happen along the complete value chain.

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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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Eden Green is Set on Fixing America’s Produce Sourcing Problem

Supply Chain Brain

Nine times out of ten, people on the East Coast are eating lettuce that has traveled more than 3,000 miles, a problem Eden Green is trying to fix.

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New CH Robinson CEO to leverage global supply chain, logistics management background

Supply Chain Dive

Dave Bozeman’s new role will require him to use lessons learned in his prior roles at Ford and Amazon, supply chain academics said.

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Saudi Arabia’s PIF Leads Bidding for $2.5bn Vale Base Metals Stake

Supply Chain Brain

Saudi Arabia's Public Investment Fund is reportedly in advanced discussions over a deal for a roughly 10% holding in Vale SA's base metals unit.

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Electrolux streamlines air freight booking process

Supply Chain Dive

The electronic appliances shipper tapped Freightos’ Enterprise solution to improve shipment visibility and predictability.

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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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U.S. Business Logistics Costs Reach All-Time High

Supply Chain Brain

U.S. business logistics costs grew by 19.6% year-on-year in 2022 after coming in at $1.937 trillion in 2021, according to CSCMP's annual State of Logistics Report.

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How footwear maker Keen tries to ‘control the controllables’ in its supply chain

Supply Chain Dive

Owning many of the factories that make its products has allowed the brand to stay focused on quality and sustainability amid widespread disruption.

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Kinaxis Unveils New Supply Chain Innovations

Supply Chain Brain

Kinaxis highlighted four new product innovations during the first day of its annual customer community conference, Kinexions, which began on June 20.

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Building a unified developer experience for z/OS and cloud applications with the IBM Z and Cloud Modernization Stack

IBM Supply Chain Blog

Emerging cloud-based technology trends like artificial intelligence (AI) , the Metaverse, the Internet of Things (IoT) and edge computing are evolving at a rapid pace, seemingly adding new capabilities every few months to fundamentally transform how people and organizations interact with them. For enterprises to match scale and speed, it is critical to modernize their core business applications to accelerate innovation.

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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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How to De-Carbonize Freight Transport via Repeatable and Scalable Actions

Supply Chain Brain

Shippers looking to lead the transition to electrification can begin investing in the required assets and infrastructure today.

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Asset lifecycle management strategy: What’s the best approach for your business?

IBM Supply Chain Blog

Assets are the lifeblood of any successful business—from software programs tailored to meet an enterprise’s unique needs to a pipeline that stretches across oceans. One of the most important strategic decisions a business leader can make is how these assets are cared for over the course of their lifespans. Whether you’re a small enterprise with only a few assets or a large-scale corporation with offices spanning the globe, asset lifecycle management, or ALM, is a fundamental pa

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World’s Top Dairy Maker Plans Chicago Expansion After $3.2bn Kraft Deal

Supply Chain Brain

The family-owned company plans to hire almost 100 people at its Chicago offices over the next 12 months, according to Peter Cotter, CEO of Lactalis Heritage Dairy.

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Strengthening the shield: Procurement’s partnership with information security to mitigate cyber risk

Spend Matters

This content does not express the views or opinions of Spend Matters In our previous installment on Spend Matters, we discussed the rapid evolution of Supply Chain Risk Management happening within procurement organizations. As the risks that trigger supply disruptions, regulatory non-compliance and missed corporate objectives continue to gain visibility, an ‘eyes wide open’ attitude towards supplier risk assessment and mitigation strategies has become imperative to improve operationa

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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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Semiconductor Unpredictability: Prescriptive Advice for Business

Supply Chain Brain

When the next super cycle hits, the basic problems of the global supply chain will not be resolved, and most likely the market will lag for several more years.

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GLS expands US coverage through 4 parcel carrier partnerships

Supply Chain Dive

The company is linking its network with United Delivery Service, Lone Star Overnight, Better Trucks and Courier Express to reach several new states.

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Hyundai Raises 2030 Electric-Vehicle Sales Goal to 2M

Supply Chain Brain

Hyundai also plans to spend about $85 billion to boost production and make progress in areas such as hydrogen cars, EV batteries and software for future mobility.

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Looking at this picture – from what you see do you know why I bought this product?

Procurement Insights

Before I answer the headline question, you should know that my Mother and Father were born in 1918 and 1916, respectively – which means they grew up during the Great Depression. Consider that to be my one and only hint – que Jeopardy music. Looking at the following options below, which one would you chose as your primary motive for buying Maple Leaf’s premium cut of meat: Price discount – by the way, there was an added $3 off coupon, lowering the price from $15 to $4 It&#

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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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Italy Blocks Sinochem from Extending Its Control of Tire Maker Pirelli

Supply Chain Brain

Sinochem is Pirelli's biggest shareholder with a 37% stake in the company and control of 60% of the seats on the organization's board.

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Traceability in the supply chain with high-performance OCR

Supply Chain Dive

How do you maintain quality and safety? If you said traceability in the supply chain, then you are correct!

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Your Definitive Guide to Supplier Portal Strategy

HICX

In this white paper, we look to demystify the topic of supplier portals and supplier portal strategy. The area has become increasingly confusing as the number of different tools and systems used in the procure-tech landscape is growing constantly. The term portal has become something of a catch-all and the tools being referred to solve a lot of different problems.

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Impossible Foods hires industry veterans to head science and supply chain

Supply Chain Dive

Rob Haas, who was at AB InBev, will be in charge of sourcing, manufacturing and logistics.

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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.