Wed.Jun 14, 2023

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Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

Ivalua Spend Management Insights [ivory-search] Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation June 14, 2023 | | Thought Leadership by Vishal Patel Implementing a procurement application requires careful planning and execution, but combining it with a successful strategy can also ensure stakeholder buy-in, improve communications, support change management, reduce cost, and increase speed to market.

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THE BIG INTERVIEW WITH VICKY HINCHLIFFE

Procurement Heads

For Procurement Heads’ latest Big Interview, Vicky spoke with Gemma Burman about her procurement career and procurement’s role within Cadent. How did you get into procurement? When I finished my qualification in business studies, I joined a laser company as an administration assistant and part of that role was buying stationery and coordinating travel arrangements.

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Supply Chain Planning Must Become Decision-Centric

Supply Chain Brain

The environment in which chief supply chain officers find themselves has changed significantly in recent years, but most organizations have failed to adjust their approach to planning.

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CPO Spotlight: Clive Berrington

Procurement Heads

For Procurement Heads ‘ latest CPO Spotlight, he spoke with Dan Goodson about how he got into procurement & what he’s doing to improve diversity. How did you get into procurement? I’m not one of those people who, as a child, had their long-term career vision in place. It has been much more of an evolution over my career. I have done various roles throughout that time in project management, commercial, finance, strategy, and then latterly in procurement.

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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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FedEx to close sites in Texas, Georgia

Supply Chain Dive

About 120 employees, primarily couriers, will be impacted by the two Sept. 4 closures.

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Airbus Predicts Asia to Lead Air Traffic Boom in Coming Decades

Supply Chain Brain

Airbus expects global installed fleets to more than double through 2042 to 46,560 aircraft, with 23,680 planes representing growth and 17,170 going toward the replacement of older jets.

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German Carmakers Warn of Tough EU Talks on Post-Brexit EV Trade

Supply Chain Brain

The German automotive industry said it won’t be ready to meet 2024's new production thresholds because Europe’s battery supply chain is still ramping up, according to the VDA lobby.

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The Missing Step to Most Supply Chains that Increases Efficiency

SCMDOJO

As a business owner, you always seek ways to increase efficiency and decrease costs. As supply chain professionals, we must understand the role of Effectiveness & Efficiency in Supply Chain Optimization But while you may have already implemented changes, you feel like there’s still something missing to decrease your cost. The truth is: there is.

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Ship wait times rise at Seattle, Long Beach, other ports after slowdowns

Supply Chain Dive

Longer vessel load and unload times, as well as a growing number of West Coast-bound ships, have combined to create sizable ship backups at many major port gateways.

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How to Use Economic Uncertainty to Gain Competitive Ground with Automation

Supply Chain Brain

In this paper, explore strategies and opportunities you can use to turn times of economic uncertainty into a period to gain competitive ground by implementing strategic facility automation.

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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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Utility-scale quantum computing on IBM Cloud

IBM Supply Chain Blog

IBM Quantum has entered the age of quantum utility—our quantum processors can now provide useful results to problems that challenge the best scalable classical methods. Now, we need to get utility-scale processors into the hands of our users. What do we mean? Well, for the first time, we’re making utility-scale processors available on the IBM Cloud to access with a pay-as-you-go plan.

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Solving the Dysfunctional Freight Contracting and Bid Process

Supply Chain Brain

Join freight network coordinator Leaf Logistics, shared truckload platform Flock Freight and a major U.S. shipper, AB InBev, for a deep dive into win-win contracts and repairing strained shipper-carrier relations.

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The real secret to a successful digital transformation? Human empathy

IBM Supply Chain Blog

According to Debbie Vavangas, IBM Consulting VP, one of the main reasons digital transformation efforts fail is that organizations don’t fully account for the humans involved. They don’t fully consider the various people working throughout the organization, and how changes affect their daily lives. When it comes to things like automation, AI, and intelligent workflows, it may seem like taking people out of the process is the whole point.

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U.S. Slips in Supply Chain Ranks After Child-Labor Violations

Supply Chain Brain

The U.S. saw its ranking decline on almost all metrics, according to an analysis published June 14 by the ESG advisory and analytics company Elevate.

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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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Accounting for ESG: apexanalytix on ensuring ESG compliance in the supply chain

Spend Matters

Categories: Podcasts , risk-compliance-management , Sustainability Tags: Compliance , ESG , Podcast The demand for environmental, social corporate governance has grown to the point of simply being a business requirement. From above, governments are passing new regulations to control greenhouse gas emissions and weed out forced labor from supply chains on what almost seems like a daily basis.

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Accelerate Business Outcomes with Integrated Decision Intelligence

Supply Chain Brain

In a sector where unexpected global events or natural disasters can have huge implications, accelerating decision-making by using real-time, accurate data is a vital capability, and one which organizations must prioritize.

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3PL Integration: Building an Expandable and Resilient Orchestration Solution

SCMDOJO

In today’s competitive market, the successful operation of a business hinges on the smooth integration of various processes and information management systems, especially when it comes to 3PL integration. With the complexity and challenges involved, many businesses find themselves overwhelmed. Thankfully, outsourcing logistics services to a reliable third-party logistics provider (3PL) can make a significant difference.

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3PL vs. 4PL: How Much Should You Outsource?

Supply Chain Brain

In recent years the rise of e-commerce fulfillment and longer, more complex supply chains have led shippers to outsource more of their supply chain operations to third-party logistics (3PL) providers.

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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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OpenShift version 4.13 now available in Red Hat OpenShift on IBM Cloud

IBM Supply Chain Blog

We are excited to announce the availability of OpenShift version 4.13 for your clusters that are running in Red Hat OpenShift on IBM Cloud. This is our 12th release of OpenShift. With our OpenShift service, you can easily upgrade your clusters without the need for deep OpenShift knowledge. When you deploy new clusters, the default OpenShift version remains 4.11 (soon to be 4.12); you can also choose to immediately deploy version 4.13.

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Little West Forms Multiyear Partnership with Echo Global Logistics

Supply Chain Brain

The Little West cold-pressed juice brand will use Echo Global's transportation and supply chain management services to expand its reach across the U.S.

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The critical process of supply chain control tower integration orchestration

SCMR (Supply Chain Management Review)

Not all control tower technologies are made equal, but towers represent a path toward increased visibility and comprehension. These innovations have transformed the supply chain and will continue to do so.

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How Manufacturers Can Get Fit for a Summer of Uncertainty

Supply Chain Brain

There’s an increasing divide between manufacturers that are driving forward with digital transformation, and those that seem to be capitulating to short-term decision-making driven by finance.

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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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What Pharmaceutical Companies Need to Know About DSCSA

The Network Effect

The post What Pharmaceutical Companies Need to Know About DSCSA appeared first on The Network Effect.

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Hong Kong to Recruit 27,000 Foreign Workers Amid Shortage

Supply Chain Brain

Hong Kong expects to receive applications for jobs in the construction and transportation sectors beginning July 2023 and may need about two months to process them.

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PMA, ILWU reach tentative deal on 6-year contract

Supply Chain Dive

The agreement comes after 13 months of negotiations and some help from Acting Labor Secretary Julie Su.

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Walmart Planning to Open Case-Ready Beef Facility in Kansas

Supply Chain Brain

Walmart expects the facility to create 600 jobs for the Olathe, Kansas community while improving the visibility of the company's beef supply chain.

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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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Sustainability with Jonathan O’Brien and Art of Procurement

Positive Purchasing

Jonathan O’Brien joins Art of Procurement for a discussion on Driving Sustainability Through Direct Materials Sustainability is a hot topic right now, but implementing sustainability initiatives and knowing where to start is a challenge many are facing. Sustainability expert Jonathan O’Brien recently shared his insights on this at a direct spend event hosted by Art of Procurement on 13 June 2023.

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Blinken to Travel to China This Week in Push to Repair Ties

Supply Chain Brain

U.S. officials are calling the June 16-19 trip by Antony Blinken a chance to resume communications that had been disrupted by months of tension.

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Driving Successful Initiatives: A Guide to Achieving Stakeholder Buy-In

Barkers Procurement

Driving Successful Initiatives: A Guide to Achieving Stakeholder Buy-In – In a perfect world, stakeholders would get straight onboard with every procurement project or initiative you propose. Unfortunately, procurement isn’t as easy as that. Stakeholders may view a spend or initiative as risky, unnecessary, unfeasible, too costly or have other objections.

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Watch: Addressing Sustainability in IT from Every Angle

Supply Chain Brain

Casey Swanson, senior director of supply chain management services with Shyft Global Services, discusses how technology can contribute to efforts to achieve sustainability and lower the carbon footprint of transportation and warehousing operations.

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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.