Tue.Jan 23, 2024

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CPO Crunch: Hydrogen making its mark

Procurement Leaders

The concept of ‘energy transition’ fascinates me. It’s a simple phrase; one that rolls off the tongue and suggests a satisfyingly straightforward process – stop using one form of energy, start using another. Simple, clean, impactful. The reality, of course, is very different. Energy transition will be spectacularly difficult, messy and eye-wateringly expensive to achieve.

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Strategic M&A with Tech Startups is the Path to Supply Chain Resiliency In 2024

Supply Chain Brain

Retailers and logistics companies run tight margins, and developing AI or AR systems in-house, from the ground up, is prohibitively expensive.

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UPS reinstates money-back guarantee for 2nd Day Air A.M. service

Supply Chain Dive

The suspension was put in place when the COVID-19 pandemic took hold and an influx of deliveries challenged the company's network.

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Decision Intelligence, a Natural Step in the Planning Evolution

Supply Chain Trend

Decision Intelligence (DI) is a natural evolution in supply chain planning technology. It closes the planning and execution automation gap which has been left by ERP and APS, both technologies that have reached the maturity phase for their functional aims. 7% of companies have started to adopt autonomous end-to-end planning. 3% of companies use autonomous execution to enhance their supply chain resilience.

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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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Octopus Energy Lines Up to Become German Offshore Wind Developer

Supply Chain Brain

The U.K.’s second-largest household energy provider aims to bid in the country’s wind auctions in the “next year or two,” said chief executive officer Greg Jackson.

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New Year Insights for the procurement solutions and services marketplace 2024: Supplier.io

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

More Trending

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Amazon promotes transportation exec to lead logistics network

Supply Chain Dive

Udit Madan has been named VP of worldwide operations at the e-commerce giant, succeeding John Felton.

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Abuse of Consumer Returns Policies Rife, Report Finds

Supply Chain Brain

Among those who admitted to committing returns policy abuse, fraud, or other unfavorable return behaviors, between 20% and 30% said they engaged in this behavior at least once a week.

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Episode 149: Finding a Workable Model for Zero Emissions Fleets with Ron Hunt

Una

EPISODE 149 Finding a Workable Model for Zero Emissions Fleets with Ron Hunt By Kelly Barner | January 24, 2024 Despite the understandable enthusiasm around supply chain sustainability, there are many challenges associated with the fight to lower emissions: regulations, costs, and engineering, just to name a few. One of the challenges procurement will appreciate most, is the journey towards a workable business model that reflects today’s infrastructure reality and companies’ ability to invest.

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Michigan Pilots Roadway that Charges EVs as They Drive

Supply Chain Brain

The quarter-mile segment of 14th Street will be used to test and perfect the technology ahead of making it available to the public within a few years.

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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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ADM to expand soybean traceability pilot ahead of EU deforestation regulations

Supply Chain Dive

The grain trader said it completed its first shipments of "verified, fully traceable soybeans" from the U.S. to Europe.

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Supply Chain Management is finally the “top priority” for companies ahead of cybersecurity and sales management

Procurement Insights

The 2022 KPMG Global Technology Report indicates that Canada has quietly become a global leader in innovation, with a growing number of IT startups and fin-techs, as well as innovation communities and partnership networks. Canadian companies that embrace the partner ecosystem—which could include third-party service providers, technology companies, and advisors—can leap ahead in the race to transform.

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GXO to cease operations at Georgia facility

Supply Chain Dive

The closure, which will impact 69 employees, was filed days before another WARN letter notifying layoffs in Tennessee.

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The difference between traditional AI and GenAI in S2P

Spend Matters

This article was derived from an interview between Spend Matters analysts Pierre Mitchell and Bertrand Maltaverne based on research conducted in partnership with SAP. AI existed for a long time before generative AI (GenAI) emerged. It enabled organizations to tackle more complex scenarios, and its current use cases are making processes much more impactful while augmenting human knowledge and capability.

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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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Tesla plans parts distribution center in South Carolina

Supply Chain Dive

The facility is expected to be completed in early 2024, aligning with its growing EV market.

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Transforming Supply Chain Management with Intelligent Software

SCMR (Supply Chain Management Review)

The evolving landscape of supply chain management highlights the transformative potential of integrating intelligent software.

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Port Everglades cargo volumes rise 3% YoY in November

Supply Chain Dive

The ports processed a total of 83,878 total TEUs, reflecting the first YoY increase for the fiscal year.

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What does a Procurement Manager do? Job Description, Skills, and Qualifications

Arkestro

Resources / Blog / What does a Procurement Manager do? Job Description, Skills, and Qualifications What does a Procurement Manager do? Job Description, Skills, and Qualifications As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing. The global procurement market was valued at $6.15 billion in 2022, and it’s expected to grow 11.1% from 2023 to 2030.

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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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Watch: Last-Mile Speed Meets Last-Mile Quality

Supply Chain Brain

When it comes to meeting customer expectations for last-mile delivery, it's not just about speed. Service quality and visibility are equally important, says Jim Waters, vice president of marketing with Frayt.

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How do Supplier Auditors Ensure Quality and Compliance in Your Supply Chain?

Procurement Freelancers

Quality products and compliance with regulations and standards are necessary elements in the modern, busy…

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Procurement transformation: Why excellence matters

IBM Supply Chain Blog

Procurement departments tend to be less visible to many stakeholders than sales, operations or even finance departments, but the impact they have on everything from the bottom line to product quality and service delivery shouldn’t be overlooked, which is why “procurement excellence” is a worthy pursuit. Optimizing the procurement function can help deliver successful business outcomes, such as: 12–20% in sourcing/demand management savings 95% in improvement in compliance 3

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The 10 Hottest German Procurement Startups

Procurement Software

Berlin is one of Europe’s key tech hubs. From the capital and beyond, German procurement startups are chipping away at a conservative business culture, making leaps and bounds towards modernising our profession. We take a look at early stage and growth startups from a country steeped in technological innovation and industrial dynamism. In this article, we’ve tried to focus on startups primarily serving customers in the DACH region (Germany, Austria and Switzerland).

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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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FTSE100 CPG Client – IT Procurement

Barkers Procurement

Following a successful engagement to support the client’s purchase of new ERP software, Barkers were retained to support the selection of an ERP Systems Integration partner and the subsequent contract negotiation with the successful vendor. Barkers were responsible for creating the RFP documents, running the RFP and BAFO processes, supporting the client in selecting the vendor and the detailed negotiation of a contract for delivery of the systems integration services.

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U.S. Lawmakers Demand Tougher Enforcement of China Forced Labor Import Ban

Supply Chain Brain

Leaders of the House Select Committee on the Chinese Communist Party wrote in a letter that the Biden administration should work harder to enforce the Uyghur Forced Labor Prevention Act.

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