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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How Data Privacy Regulations Affect Your Supply Chain

All Things Supply Chain

Data privacy regulations are becoming increasingly important as businesses become more and more aware of the importance of data security.

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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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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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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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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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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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Up Your Warehouse Productivity with These New Communication Trends

All Things Supply Chain

Every warehouse manager understands how important communication is to the daily activities of the institution.

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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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 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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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - 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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New Suppliers on Thomasnet.com for October 2022

The Thomas Blog

Exciting new B2B companies are being established across the U.S. and Canada every day, and every month, hundreds of them are joining Thomasnet.com ®. We're highlighting ten of the most notable and innovative companies below to bring some of the unique services and products they provide to the forefront. 1. Thermal Care, Inc. With headquarters in Niles, IL, Thermal Care, Inc. specializes in manufacturing cooling equipment like chillers, temperature controllers, heat exchangers, and more.

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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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Current Events Impacting Procurement

Una

Current Events Impacting Procurement. By Hugo Britt | October 13, 2022. Procurement and supply chain management would be a lot easier if the function existed in a bubble, but it would also be a lot less exciting. Purchasing strategies are impacted by geopolitical events, buffeted by shipping delays, stretched by inflation, and made obsolete in an instant by black-swan events such as the Suez Canal obstruction or (of course), a global pandemic.

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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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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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How the US plans to transform its lithium supply chain

Supply Chain Dive

With just 3.6% of global reserves, access to the critical mineral is vital to the country’s sustainable energy plans.

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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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New and Noteworthy Categories on Thomasnet.com for October 2022

The Thomas Blog

Since industry is constantly growing and evolving, Thomasnet.com ® is too. Our platform has over 75,000 categories of products and services, from alloy to zinc, for professionals like you to source from. And thanks to our industry specialists, we are constantly researching and adding to our platform with new supplier categories to help you keep up with current market trends. 1.

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Month-end close process: how to make accounting more efficient

Spendesk

Accountancy is the job that’s never finished. Whether you’re preparing for tax returns, presenting financial reporting data, or indeed performing month-end close, there’s barely a chance to breathe.

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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.