Thu.Oct 19, 2023

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Procurement 6 – October 20th, 2023

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – October 20th, 2023 appeared first on Art of Procurement.

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Advancing City Logistics and Sustainability with Urban Consolidation Centers

SCMR (Supply Chain Management Review)

Public policy has begun to play a significant role in emboldening improvements in logistics practices in dense urban cities and carbon neutrality pledges signed by several cities around the world have emphasized the criticality of creating a future-forward urban supply chain network.

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Amazon to integrate drones into fulfillment network for faster delivery

Supply Chain Dive

Prime Air drones will deploy at same-day delivery sites rather than standalone facilities as the company scales its use of the emerging transportation method.

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Spend Matters Future 5 2023 – Introducing dSilo

Spend Matters

The procurement technology market is evolving rapidly and deploying the latest power that innovation can bring to support the changing and challenging needs of its customers. In an ever-crowded space it’s hard for those who rely on these platforms and systems to keep ahead of the latest developments. For that reason, Spend Matters analysts make it their mission to scour the market to find those new solution providers that can fulfil a very specialist role to fulfill the procurement needs of toda

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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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Logistics Take Centerstage at the African Energy Week 2023 Conference

Supply Chain Brain

During a panel discussion, participants examined the efficient services being provided by the energy sector with Dennis Malkoc, the business development manager at Universal Africa Lines.

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Negotiating Lessons from Hollywood Labor

Art of Procurement

Why did the Hollywood writers’ strike take so long to resolve and why is the screen actors’ guild still on. The post Negotiating Lessons from Hollywood Labor appeared first on Art of Procurement.

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Spend Matters names the Future 5 start-up lists for 2023

Spend Matters

After 12 months of intense debate, Spend Matters has just released the 2023 ‘ 50 Procurement Providers to Know ’ and ‘ 50 Procurement Providers to Watch ’ lists. At the same time, during the SIG Global Executive Summit in Scottsdale, Arizona, Spend Matters also announced, for the fifth consecutive year , the Future 5. To find out how you can be considered for next year’s Future 5, join our webinar on October 31.

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Walmart to open 5th ‘next generation’ fulfillment center

Supply Chain Dive

The 900,000-square-foot facility in Stockton, California, will help the retailer handle online orders throughout the West Coast with greater speed and efficiency.

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Spend Matters Future 5 2023 – Why we chose dSilo

Spend Matters

Spend Matters is delighted to announce the 2023 roster for our ‘Future 5 ‘ list. For the fifth year in a row, our analysts have highlighted five start-ups that excited them the most. This year, the five companies that have proven themselves as potential future trend setters are akirolabs, Calculum, dSilo, Mithra and ORO Labs. To warrant such attention, these vendors must have a product that is ideally 2 to 5 years old, has more than five customers and displays an innovative applicati

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The auto supply chain struggled financially for years. Then came the strikes.

Supply Chain Dive

Industry suppliers had risky financial scores and profitability indicators prior to the labor disruption, according to RapidRatings.

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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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SupplyChainBrain: Rutgers Business School to Host Arkestro’s Museum of Procurement

Arkestro

The Museum will be located for a spell in Newark, N.J., in celebration of the procurement industry’s history and future.

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Make Music Count embeds watsonx to make perfect music with math  

IBM Supply Chain Blog

Over the past ten years, I’ve been on a journey to create an interactive, patented curriculum that combines the power of math with the joy of music. In our program Make Music Count , students from elementary to high school get hands-on experience solving math equations while learning how to play the piano. Since launching, I’ve seen the need, desire and impact: Make Music Count is in over 400 schools with 60,000 registered students and 20,000+ downloads on iOS and Android devices.

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Amazon Planning Drone Package Deliveries in the U.K., Italy

Supply Chain Brain

The retail giant said October 18 that it will introduce autonomous aircraft delivery in the U.K. and Italy by late 2024.

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American Eagle hires new supply chain chief

Supply Chain Dive

Sarah Clarke, previously with Calvin Klein brand owner PVH, will oversee everything from sourcing to distribution at the apparel company.

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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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Overcoming Barriers to B2B and D2C Growth for Manufacturers

Supply Chain Brain

The addition of new channels opens a world of new opportunities for manufacturers, while also exposing them to potential barriers to growth.

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Convoy closes, unable to find buyer

Supply Chain Dive

The logistics startup’s CEO and co-founder blamed weak freight and capital markets in a layoff letter to employees.

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Watch: How to Trust Your Supply Chain Data

Supply Chain Brain

Shippers and logistics providers are confronting the challenge of acquiring the right data and using it to optimize the supply chain, says Nate Endicott, senior vice president of growth with Enveyo.

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Casey’s chief procurement officer departs

Supply Chain Dive

Jaime Robes’ three-year tenure at the convenience store retailer included feats like implementing sourcing technology and boosting electronic payments.

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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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Japan Prisoners Reportedly to Process Scallops After China Ban

Supply Chain Brain

To meet hygiene standards required for export, the scheme will allow qualified inmates to commute to private-sector processing plants without the supervision of prison officers.

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Arkestro for Food and Beverage

Arkestro

Food and Beverage Prep your Food and Beverage Procurement Process with Arkestro Get in touch Our solutions Stirring Up Savings: Arkestro’s Mixture for Success in F&B Procurement At Arkestro, we understand that the Food and Beverage industry demands precision, quality, and efficiency. That’s why we’ve crafted cutting-edge solutions tailored to your unique needs.

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Supply Chain Crisis Impact on OEMs: The Advantage of Early Intervention

Supply Chain Brain

To facilitate early intervention, organizations should implement real-time data analytics, regular performance evaluations, and comprehensive tracking mechanisms to identify potential issues promptly.

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Role-Based Training for Procurement & Supply Chain Teams

Skill Dynamics

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning. Fine-tuning your procurement team’s capabilities enables them to meet the exact needs of their roles in your organization.

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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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367: Going Beyond Visibility – Unveiling The Invisible

Let's Talk Supply Chain

  It’s been a while, but we’re back with another exclusive mini-series. And this one is in partnership with one of the industry’s biggest brands – market-leading logistics-industry tech providers, WiseTech Global. Over the course of our brand new four-part series, we’re going to talk about why optimized and actionable data is more powerful than mere visibility; and why organizations need good data, not lots of data.

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Enhancing Procurement Excellence Through the Power of Negotiation

Skill Dynamics

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract. An important aim of successful negotiation strategies is to secure the best possible terms and value for the organization while maintaining a positive and productive relationship with t

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NIC Urges the U.K.'s Biggest Cities to Introduce Congestion Charges

Supply Chain Brain

The National Infrastructure Commission asked the government to invest over $26.7 billion in public transportation systems in Manchester, Leeds, Bristol and Birmingham.

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[VIDEO] JAGGAER: Procurement’s Make or Break Moment

Jaggaer

Watch this video to see how Tealbook and JAGGAER are partnering together to deliver AI-powered, automated supplier data.

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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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Pakistan PM Wants to Make the Country into a Trade, Transit and Transport Hub

Supply Chain Brain

At a forum held during the 2023 Belt and Road Forum in Beijing, China, PM Kakar said that the country has already operationalized its deep seaport of Gwadar.

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Which picture is an example of an “off-contract buy,” and which is an example of a purchase made through an “established contract?”

Procurement Insights

OFF OR ON CONTRACT BUY? The answer to the question of which is an example of an off-contract buy and which is an example of a product purchased through a centrally negotiated contract may or may not surprise you, depending on the commodity type. Hint: Dynamic Flux or Historic Flatline.

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Podcast | Getting the Most Value From Frontline Workers in a Time of Cost-Cutting

Supply Chain Brain

How can employees cut costs at the same time they’re providing an attractive environment for their frontline logistics workers?

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Revolutionizing budgeting and planning processes for a retail giant

IBM Supply Chain Blog

Landmark Retail is one of the largest omnichannel retailers across the Middle East and Northern Africa (MENA), India and Southeast Asia (SEA). It is a division of Landmark Group, a well-known multinational retail and hospitality conglomerate headquartered in Dubai. The group’s journey started as a single store in Bahrain five decades ago. Today, Landmark Group has evolved into a powerhouse of 2200 stores across 21 countries.

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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.