October, 2022

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The Big Interview with Jo Meehan

Procurement Heads

You have been described in the business press as one of the ‘UK’s most influential business academics’, where did this all start for you and how did you get into procurement? Like many people in procurement, I fell into it! I would like to think people now choose it as a career, but when I left school, I didn’t have a degree, I had done A Levels in art, English and history.

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Why Cybersecurity Has Never Been More Important for the Supply Chain Sector

Supply Chain Brain

Employee negligence and error are among the most significant cybersecurity liabilities for companies in the supply chain sector. Here are some pointers on how companies can empower employees to defend supply chains.

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Food delivery robots to roam Chicago in pilot program

Supply Chain Dive

Robot operators will partner with restaurants and grocery stores to test the app-based robot deliveries. City leaders will look at device boundaries, vandalism, and other potential issues.

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The Coming Food Crisis

Positive Purchasing

Jonathan O’Brien looks at what the coming food crisis means for all of us and how procurement functions must get creative to navigate their way through the challenging times that lie ahead. We ain’t seen nothing yet! There has been much written about the cost of living crisis but what we’re about to see will blow that out of the water. Put simply, we ain’t seen nothing yet!

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Adapt or Perish: Safeguarding Your Fleet in an Era of Logistics Evolution

Speaker: Jeff Dickinson - Host of “The Storytelling Chronicles: Life, Lessons & Logistics with The Bodacious Cowboy" Podcast, President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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What Business Structure Should You Choose For Your Startup?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 6 Ways to Attract Investors to Your Startup Business! One important thing you need to decide when setting up your startup is what type of business structure to choose. There’s no right or wrong answer. The structure you pick will very much be determined by your specific business and your goals.

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Why procurement organizations need digital platforms — not just apps

Spend Matters

Categories: ERP , Perspective , Procurement Systems & Architecture , SAP , supplier networks , Technology Tags: PRO The pace of change in business is unprecedented, especially in our strained and inflationary global supply networks. But, if they can be harnessed, those networks also offer untapped potential for innovation. This is especially true of the new breed of procurement leaders who are using new digital tools and services to not just save money, but also to generate sustainable value

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How Artificial Intelligence Bolsters Global Supply Chains

Supply Chain Brain

The continued disruption of supply chains suggests that the challenges of the COVID-19 era have been more than a blip in an otherwise stable period of global business. It’s time to take proactive action to prepare.

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Railroads should give workers the benefits they seek

Supply Chain Dive

It's time to get freight rail back on track with a stable workforce and improved service, writes the National Association of Chemical Distributors.

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6 Logistics KPIs Attributes That are Essential

SCMDOJO

Logistics KPIs (Key Performance Indicators) measure how well an organization logistics function is performing. They’re used to evaluate the effectiveness of operations and identify areas for improvement. Logistics KPIs examples can vary from Basic 5 Logistics KPIs to a detailed list of 47 , which you can get from here. Logistics is the central system that controls physical inventory flow in a supply chain.

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Supply Chain Senses Must Constantly Be On High Alert!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Quantum Leap to the Top 10 Supply Chain Skills of the Future! The job of a Supply Chain professional never stops. When things seem to be going smoothly there is always another problem looming around the corner. As such Supply Chain senses must always be on high alert! It is not a question of whether a new problem or challenge will occur.

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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

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Episode 86: When Politics Snares Supply Chains with Juliette Rowsell

Una

Episode 86: When Politics Snares Supply Chains with Juliette Rowsell. By Kelly Barner | October 12, 2022. If you feel like working in supply chain and procurement has become a political minefield, you’re not alone. Between increased regulations, high stakes geopolitics, and administrative differences, complexity is up and the pace of change is accelerating.

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The Big Interview with Mark Grant

Procurement Heads

How did you get into procurement? It was during my time at Tesco. I actually have a background in finance, but I was looking at labour services and the commercial prospect of combining services and multiskilling staff, before I knew what facilities management was. I was asked by the CPO if I fancied the challenge and have never looked back. What are the roles and responsibilities the procurement function holds within your organisation?

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Tesla, Ford and VW Sound the Death Knell for Driverless Car Hype

Supply Chain Brain

Argo AI, darling of Ford and VW, is shutting down. Tesla’s self-driving claims are under criminal investigation. It's the end of years of faulty presumptions about driverless-vehicle technology.

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5 Walmart suppliers team up on renewable energy buy

Supply Chain Dive

Levi Strauss, J.M. Smucker and three others completed the first aggregated purchase power agreement under the retailer’s Project Gigaton, which encourages vendors to reduce their greenhouse gas emissions.

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

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Crime biggest contributor to retail shrink, report finds

Strategic Sourceror

For retailers, inventory shrinkage is an unavoidable reality. Whether it's caused by products containing defects, items getting lost or misplaced during shipping or a variety of other scenarios, when merchandise isn't available for purchase, it's chalked up to shrinkage. Another shrinkage contributor is theft, and based on a newly released report , it's a multi-billion dollar problem across the country.

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How Increased Engagement Can Boost Employee Productivity!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Boost Employee Engagement in Supply Chain! The workplace is full of distractions. Everything from social media to gossip and internet browsing can lead to distractions. Data shows that smartphones are the top cause of distraction among employees. With so many distractions in the office, it’s easy for employees to lose focus on their work and become less efficient than they could be.

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How to Improve Procurement Efficiency

Una

How to Improve Procurement Efficiency. By Hugo Britt | October 26, 2022. Procurement was once known for imposing clunky purchasing processes. In recent years, however, many teams have managed to successfully shake off this long-outdated reputation. Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives.

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CPO Spotlight: Kendall Smith

Procurement Heads

Tell us about your role. I am the Chief Procurement Officer, which means that I am responsible for the procurement of everything that we don’t sell in stores or online, so everything non-product. Our spend is predominantly on Supply Chain Services, IT, Marketing and Corporate Services as well as a number of significant outsourcing deals. What did you inherit in the role when you started?

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Cross-Functional Alignment Is Critical to Establishing Supply Chain Resiliency

Supply Chain Brain

The supply chain of the future has clear visibility and is collaborative. Organizations will need to understand the state of the supply chain in real time, while aligning cross-functionally to reduce ad-hoc firefighting.

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Corrugated boxes: The ultimate circular economy

Supply Chain Dive

Circularity is the epitome of sustainable materials management – linking all life cycle stages for production, use and reuse of materials to protect the environment.

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3 ways collaboration can make supply chains more durable

Strategic Sourceror

To paraphrase a familiar axiom, you don't fully appreciate the things that make your day-to-day business affairs possible until those things either aren't there anymore or aren't performing. This was a sentiment shared by just about every product-based company during the pandemic, when the efforts designed to stamp out COVID-19 wound up wiping out supply chains more than anything else.

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The Future of Marketing After Covid!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Tips to Improve Your Marketing Campaign! Nearly two years into the pandemic, we now have plenty of experience to draw some conclusions as to what’s coming next. While Covid-19 has shaken the entire globe, there is still the light in the tunnel, especially when talking about marketing.

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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.

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Episode 88: Global Energy Supply and Demand with Kris Lance

Una

Episode 88: Global Energy Supply and Demand with Kris Lance. By Kelly Barner | October 26, 2022. Although Europe’s energy challenges may be different than the ones faced in the United States, there isn’t any location or industry that isn’t being affected by the high prices or short supply of gas, oil, and electricity. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes back Kris Lance, Senior Director at Una, for a recurring monthly conversation about current news stories.

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1 in 5 businesses admit to greenwashing with half saying their sustainability efforts are failing, poll finds

Procurement Heads

A further one in four (24%) executives admit they do not know if their sustainability efforts are making any positive difference at all, and 20% say they are unaware if their business has any metrics in place to measure the effectiveness of their environmental initiatives in the first place. Only 19% of respondents believe that their business is making genuine progress on its sustainable initiatives.

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Prioritizing ESG Compliance in the New Supply Chain

Supply Chain Brain

The supply chain ecosystem won’t revert to its pre-pandemic state. With this in mind, manufacturing organizations are placing top priority on modernizing procurement technology.

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Air cargo spot rates keep falling with no sign of a peak season turnaround

Supply Chain Dive

As flight capacity continues to be reintroduced, shippers who didn’t bring in cargo early “are likely to find themselves in a stronger buying position,” said an industry expert.

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Your Triple-Threat Solution for Resilient Planning and Execution

Speaker: Len Pannett - Supply Chain and Operations Transformation Expert | Board Advisor - UK Ministry of Defence | Mentor | Author | Keynote Speaker

With the dark clouds of inflation and uncertainty looming overhead while the pressures of ESG and geopolitical tensions increase, today’s supply chain professionals are facing challenges we have never seen before. What were once traditional supply chains have now transformed to multidimensional networks met with new extremes in customer demands. Supply chain professionals often face the dilemma of balancing cost, resilience, and sustainability.

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Invoice management for modern businesses: A guide

Spendesk

Just like lots of other finance processes, invoice management has officially become a burden. “82% of finance departments are overwhelmed by the high numbers of invoices they are expected to process on a daily basis and the variety of formats they’re received in.”.

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Effective Inventory Management Keeps Your Business Thriving!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! Effective inventory management is one of the most important aspects of running a successful business. It can be the difference between having the right products in stock when your customers need them and being caught short. Good inventory management means having visibility into your inventory levels at all times, so you can make sure you have enough products on hand to meet

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Episode 87: Leveraging the Power of the Total Commercial Value Chain with Sachin Kasture

Una

Episode 87: Leveraging the Power of the Total Commercial Value Chain with Sachin Kasture. By Kelly Barner | October 19, 2022. Procurement has long struggled to rebrand as a team that cares about more than just costs and savings. But simply adding “value” to a list of project objectives does little to win over skeptical internal stakeholder groups. What we really need is a more comprehensive way of thinking about what the company does and how we fit into that: Total Commercial Value. .

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Shannon Hamilton on Authenticity and Bringing Diversity to Transportation & Logistics

Let's Talk Supply Chain

Over the last few years, rapid fluctuations in change and availability have brought different approaches to transportation and logistics. Bringing more diverse voices to these areas of supply chain can only help to weather the latest logistics disruptions. In fact, according to Forbes , growing diversity in your industry and workplace means happier team members, higher levels of engagement and collaboration, and more revenue.

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2023 Voice of Talent: State of the Workforce Report

New data is raising the bar on how to attract and retain talent in the New World of Work. Procom surveyed over 1,740 contingent and permanent workers across the United States and Canada to uncover what’s most important to them amidst heightened expectations, competition and uncertainty. We have distilled the data into actionable insights you can leverage to strengthen your position as an employer of choice and access the skills you need.