Tue.Aug 29, 2023

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Porter’s five forces – practical use

ABC of Procurement

Procurement focuses either at their internal stakeholders or suppliers. But what are the forces that impact the economy, and market? There is a tool for it. The post Porter’s five forces – practical use first appeared on ABC of Procurement.

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Watch: How Can Delivery Drivers Thrive While Remaining Independent?

Supply Chain Brain

Peter Schlactus, co-founder and executive director of the Association for Delivery Drivers, explains how independent delivery drivers can retain their status, yet still have access to critical services such as training, certification and insurance.

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Analyst Eye on scanning the dark web

Spend Matters

Continuing our series of analyst observations on procurement tech market movements, this week we are considering the development of dark web monitoring as a tool in cyber supply chain risk management. “During a recent product demo,” Meena Ibrahim, Spend Matters Research Analyst, recalls, “a supplier intelligence provider mentioned its partnership with a platform that uses the dark web to uncover supply chain risk.

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FedEx to hike Express, Ground shipping rates by 5.9% in 2024

Supply Chain Dive

The increase, an annual fixture for the company and rival UPS, represents a decline from the 6.9% jump that went into effect this year.

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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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Gartner’s Sabu Mathai: ‘Sustainability Increasingly Builds Resilience’

SCMR (Supply Chain Management Review)

Gartner research director Sabu Mathai says that companies that make sustainability a core part of their business are 3.7 times less likely to deprioritize it during tough times.

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Hope for Offshore Wind Boom in Gulf of Mexico Dims with Low Bids

Supply Chain Brain

RWE Offshore U.S. Gulf LLC won a 102,480-acre (41,472-hectare) tract near Lake Charles, Louisiana for $5.6 million after just two rounds of bidding.

Bidding 87

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Domestic Spying Tool? Or Protection from Cyber Pearl Harbor? FISA Section 702 is Up for Renewal

Supply Chain Brain

Because Section 702 has prompted the capture of vast amounts of data, there’s a risk of information not intended by the Act being caught up too.

Risk 86
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Leveraging AI to Transform Supply Chain Planning and Resilience

SCMR (Supply Chain Management Review)

Stay ahead in evolving supply chains by embracing AI. This webinar uncovers AI's transformative potential, empowering you for supply chain resilience and efficiency.

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Investors Want U.K. Companies to Do More to Prevent Slavery in Supply Chains

Supply Chain Brain

The investors said they're concerned that not enough firms have shared their findings related to modern slavery in supply chains.

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FedEx to implement higher surcharges for 2023 peak season

Supply Chain Dive

Added fees will apply to FedEx Ground Economy services, high-volume customers shipping more during the holidays and bulky or hard-to-handle packages.

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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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Over 40% of Safety Professionals in the Transportation Sector Are Now Women

Supply Chain Brain

Almost 30% of the companies that participated in the study (29.1%) said that 20% to 49% of their safety positions were held by women in 2023.

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Giant Food to close 3 e-commerce facilities

Supply Chain Dive

The grocery chain will shutter centers in Maryland, Virginia and Delaware as it shifts to a localized fulfillment model.

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Kroger DC Employee Death Being Investigated

Supply Chain Brain

Leaders from Teamsters Union #667 said that Tony Rufus died on a dock in front of his co-workers on August 25.

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A Look Inside: Arkestro’s Productivity Boosting Employee Offsite

Arkestro

Resources / Blog / A Look Inside: Arkestro’s Productivity Boosting Employee Offsite A Look Inside: Arkestro’s Productivity Boosting Employee Offsite Working from home has many upsides. It eliminates a lot of the traditional aspects of going to work in an office, like commuting and dressing in business attire. It can provide more independence, in many cases increase productivity, and allow us to have more flexibility between our work and personal lives.

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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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Predictive Analytics & Procurement: A Simple Idea?

Procurement Insights

Reading your comment , Edward Murphy reminded me of the following Long View Systems 2019 article excerpt about the world’s largest Caterpillar Inc. dealer Finning : “For Finning, to go beyond the cloud meant we needed to “digitize the dealership.” Specifically, connecting to our customers’ machinery to move from data – to insights – to actions that would translate to maximized customer convenience, lower costs, and free up internal team members to focus their energies on higher value

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Macy’s renegotiates carrier contracts for lower delivery costs

Supply Chain Dive

The department store retailer uses UPS and the U.S. Postal Service but did not specify which deals were adjusted.

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The relationship between procurement and finance: This cannot still be true – can it?

Procurement Insights

Many years ago, I wrote about an industry survey – I think it was from McKinsey, which reported that most CFOs do not believe the savings their procurement counterpart claims. An equally concerning percentage expressed the opinion that procurement did not positively impact the company’s bottom line or stock price. Once again, this was in 2008 or 2009.

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Dollar Tree eyes distribution efficiency with temperature controls

Supply Chain Dive

The technology is expected to reduce cross-stocking expenses and increase flexibility, the retailer’s CEO said.

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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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Generative AI and B2B Searches – David Doyle from Forestreet

The Procuretech Podcast

In this episode of The Procuretech Podcast, host James Meads talks to David Doyle, the co-founder and CEO of Forestreet. David, coming from a tech background, explains how he identified a problem in the technology market research industry and decided to create an independent platform that utilises data analytics to overcome cognitive constraints. The conversation dives into the genesis of Forestreet and its aim to provide an unbiased perspective for buyers in the procurement space.

Buyers 40
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Sustainable supply chain management

EazyStock

Improving businesses and the environment In today’s fast-paced business landscape, inventory management plays a crucial role in determining a company’s success. Whether a small retailer or a large-scale manufacturer, getting your inventory right can significantly impact your bottom line. While you strive for efficiency and profitability, have you considered the environmental impact of your inventory practices?

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Top 8 APM metrics that IT teams use to monitor their apps

IBM Supply Chain Blog

A superior customer experience (CX) is built on accurate and timely application performance monitoring (APM) metrics. You can’t fine-tune your apps or system to improve CX until you know what the problem is or where the opportunities are. APM solutions typically provide a centralized dashboard to aggregate real-time performance metrics and insights to be analyzed and compared.