Wed.Nov 01, 2023

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Watch: The Big Changes in Supply Chain Network Strategy

Supply Chain Brain

Richard Thompson, international director of supply chain and logistics solutions with JLL, reviews the major changes that are occurring in supply chain network strategy in the post-COVID era.

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Top Trends in Procurement Services Likely to Become Popular in 2024

Procurement Freelancers

The field of procurement is evolving at a fast pace as we approach the new… The post Top Trends in Procurement Services Likely to Become Popular in 2024 first appeared on Procurement Blog | Procurement & Supply Chain News.

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The Polluters in the Mirror: Will Reporting Scope 3 Emissions Save the World?

SCMR (Supply Chain Management Review)

As regulations around reporting Scope 3 supply chain emissions ramp up, questions on whether it is possible to accurately measure them, and whether it will even change behavior, have emerged.

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CobbleStone Software: Vendor Analysis — Sourcing, contract lifecycle management and e-procurement solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of CobbleStone Software and its sourcing, contract lifecycle management (CLM) and e-procurement solution. CobbleStone is best known for its end-to-end CLM for legal, procurement, sales and risk teams. Its AI system, VIDSOM®, is present throughout its modules. CobbleStone is a no-code solution that over 1,000 companies have chosen in its 25+ years.

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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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Toyota to Hike Pay for U.S. Hourly Workers After UAW-Detroit Deals

Supply Chain Brain

Workers at U.S. plants operated by Toyota are not unionized. But UAW President Shawn Fain has vowed to expand his union’s reach beyond the Detroit three by 2028.

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UPS plans for Happy Returns to power its consolidated returns service

Supply Chain Dive

The offering will lower handling costs for larger retail customers as the company looks to grow "ahead of the market," CEO Carol Tomé said.

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Flexport buys Convoy’s tech stack, plans to relaunch truckload service

Supply Chain Dive

Convoy’s network of more than 80,000 carriers will help Flexport build out its nascent trucking services, CEO Ryan Petersen said.

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How Starlink's Innovative Mesh Network Principles Can Revolutionize the Logistics Industry

Supply Chain Brain

Ultimately, mesh networks can handle fluctuations in supply and demand, optimize routes, and create transparency and accountability in the supply chain.

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Episode 139: Speaking the Language of Non-Verbal Communication with Laura Scarfe

Una

EPISODE 139 Speaking the Language of Non-Verbal Communication with Laura Scarfe By Kelly Barner | November 1, 2023 As human beings, being able to read and use non-verbal cues can determine the outcome of a situation, keeping us safe or strengthening the bonds we build with those around us. For procurement professionals in particular, being aware of non-verbal communication is absolutely essential, especially in situations of high intensity or where first impressions make the difference in measur

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Thanks to all who made NextGen a success

SCMR (Supply Chain Management Review)

Last month, I had the pleasure of attending the NextGen Supply Chain Awards in Chicago. It was my first time attending the conference, which was in its fifth year, and I came away impressed with both the content and the quality of professionals I met in Chicago.

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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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UPS pursues greater delivery density to reduce emissions

Supply Chain Dive

The company is trying to increase its deliveries-per-stop ratio from 1.28 to 1.4, leaning on technologies like machine learning to do so, an executive said.

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Panama Canal Cuts Ship Numbers Further

Supply Chain Brain

Earlier this year, authorities cut the number of ships passing through the canal for the first time ever.

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Murky economy leads manufacturers to cut staff, expectations: PMI

Supply Chain Dive

The ISM and S&P Global purchasing managers’ indices both showed manufacturers are making adjustments in light of soft demand.

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Some Good, Some Not-So-Good in Latest ISM Manufacturing Report

SCMR (Supply Chain Management Review)

Manufacturing output again contracted in October, according to the new edition of the Manufacturing Report on Business issued by the Institute for Supply Management.

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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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Jacksonville Port Authority cargo volumes rise 16% in September

Supply Chain Dive

Cargo volumes growth at Jaxport came from the addition of two new services and an upsize in vessel in one service, a spokesperson said.

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Jabil Acquires ProcureAbility

SCMR (Supply Chain Management Review)

Global supply chain and manufacturing solutions provider Jabil has acquired procurement firm ProcureAbility for an undisclosed sum.

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Transnet Starts South Africa Rail Reform With Key Unit Formed

Supply Chain Brain

The company has requested a bailout from the state of about 100 billion rand ($5.3 billion) over the next two years.

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DHL Supply Chain shutters Ohio customer facility

Supply Chain Dive

The logistics provider plans to lay off more than 260 employees, starting Dec. 31.

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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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Department of Commerce to Establish U.S. Artificial Intelligence Safety Institute

Supply Chain Brain

The Institute is set to lead the U.S. government’s efforts on AI safety and trust, particularly for evaluating the most advanced AI models.

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The Evolving Landscape of Talent Acquisition in Procurement

NLPA (Next Level Purchasing Association)

In recent times, the role of Chief Procurement Officers (CPOs) has shifted towards actively competing for the most skilled professionals to staff their procurement teams. This trend has gained momentum, with CPOs exploring innovative strategies to secure the best talent. To keep up with the changing dynamics of talent acquisition in procurement, it’s essential to remain informed about the latest developments.

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U.S. Truck Shipment Volumes and Spend Decline for Third Quarter in a Row

Supply Chain Brain

While the overall economy continues to grow, U.S. Bank said, the truck freight economy is still impacted by many factors, including consumer spending on experiences over tangible goods.

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U.S. Bank Reports Lower Q2 Freight Payments, Expenditures

SCMR (Supply Chain Management Review)

Freight shipment volumes and spend declined again in the second quarter according to new data released by U.S. Bank.

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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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Yellow’s LTL Competitors Benefit From its Demise

Supply Chain Brain

As Yellow’s business disperses across a range of operators, other LTL carriers are holding the line on freight rates.

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Ardent Partners Hires Magnus Bergfors, former Gartner Analyst

CPO Rising

[Publisher’s Note: It goes without saying that we’re excited to make today’s announcement. I have known Magnus for more than a decade, first as the lead analyst at rival firm, Gartner, and more recently as a customer at several solution providers.

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Navigating The Procurement Tech Landscape

Positive Purchasing

Written by Jonathan O’Brien , leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan and his team work with global blue-chip organizations to help transform their procurement capability. With Chat GPT almost becoming mainstream now, tech development is moving so fast it could give you a nosebleed. Not to be outdone, here at Positive Purchasing, we have released Capella, a new world-leading digital tool to guide users to the optimum category strategy – so I thought it would

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371: Going Beyond Visibility – From Risk to Resilience: How Technology Is Transforming Global Supply chains

Let's Talk Supply Chain

  Last week on episode two of our mini-series with WiseTech Global , we dove deep into the world of customs and compliance, shedding light on the complexities and intricacies of international regulations. And, as we explored all of those topics, one thing became abundantly clear – there are inherent risks lurking in the shadows. So, today in episode three, we are continuing that exploration by asking a big question: How should we approach and manage these risks, not just within the compliance

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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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Vendor Lock-In is Inhibiting Technological Advancement in the Manufacturing Industry

Supply Chain Brain

Vendors that provide flexibility and the easiest connectivity options will be the ones that come out on top over the single-minded, rigid vendors.

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