Sat.Jan 27, 2024 - Fri.Feb 02, 2024

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Why We Shouldn’t Resist P2P Process Automation

ProcurePort

In today’s business world, time is crucial and competition is fierce. Being efficient is not just an advantage, it’s necessary for survival. Organizations, big and small, try to navigate through complex situations, improve processes, cut costs, and maximize their employees’ abilities. Innovation and evolution create Procure-to-Pay process automation.

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Working in Saudi Arabia

Procurement Templates

So, you’ve probably heard of the visionary architectural Neom Project. But what is it like to work in a country like Saudi Arabia? Saudi Arabia stands as a dynamic economic force in the Middle East, driven by its oil-rich resources and strategic investments in diversified sectors. Its Vision 2030 initiative reflects a commitment to economic transformation and diversification, creating a myriad of opportunities for both local and expatriate professionals.

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CPO Crunch: A rewarding time

Procurement Leaders

As we, and more than 40 CPOs from our global community of leaders, embark on the process of judging the World Procurement Awards 2024 , it was a privilege to look through many of the entries before our panel of experts get stuck into the process this coming week. It’s reassuring and inspiring to see both the impact being made by procurement, but also the passion with which those working in the function are going about their business.

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8 logistics trends to watch in 2024

Supply Chain Dive

Risk is sparing no mode of transportation in 2024, as geopolitics, labor talks, freight demand and capacity fluctuations will continue to alter supply chain strategies.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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The Rise of the Reshoring Movement in the U.S.

Supply Chain Brain

Remnants of a COVID-disrupted supply chain, economic choppiness, and pressure to lower prices have backed manufacturers up against a wall, and forced them to reconsider their approach to offshoring production.

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Foxconn’s Tijuana Manufacturing Operation Shows the Nearshoring Possibilities

SCMR (Supply Chain Management Review)

Reshoring Institute Executive Director Rosemary Coates got a first-hand look at Foxconn’s Tijuana manufacturing site and saw what is possible when companies invest in nearshoring.

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EG America names new VP of procurement

Supply Chain Dive

Less than two weeks after undergoing corporate layoffs, the c-store retailer has hired BJ’s Wholesale Club’s former director of strategic sourcing and procurement.

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Four Steps to Managing Supply Chain Bottlenecks and Constraints

Supply Chain Brain

By removing bottlenecks in the supply chain, companies can reduce inventory and operating expense, while enhancing throughput and overall effectiveness.

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The Drone Final Mile Becomes Reality

Art of Procurement

In 2005, Amazon revolutionized eCommerce delivery expectations with their 2-day Prime delivery service. All of a sudden, every other retailer. The post The Drone Final Mile Becomes Reality appeared first on Art of Procurement.

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Shipping via an Arctic Route Near You

Procurement Bulletin

Shipping via an Arctic Route Near You As shipping costs start to rise again due to climate effects at the Panama Canal and Houthi Rebel attacks in the Middle-East, interest in shipping routes via the Arctic is gaining renewed interest. Shipping via Arctic routes could save up to 40% in distance travelled compared to shipping via the Suez Canal. No British Cheese for You!

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10 Practical Steps To Reduce Scope 3 Emissions

Scope 3 emissions – which account for 70 – 80% of an organization’s emissions – are complex and multifaceted. They form the bulk of an organization’s environmental impact. It’s no surprise that enterprises still struggle to track and manage these emissions. '10 Practical Steps to Reduce Scope 3 Emissions' guides you through the essential phases of identifying, analyzing, and mitigating these emissions.

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UPS to cut 12K jobs in 2024 amid weak delivery demand

Supply Chain Dive

The delivery giant doesn’t expect to rehire for those positions when volume rebounds, as it undergoes “a change in the way we work,” its CFO said.

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The Outlook for Supply Chain Automation

Supply Chain Brain

Robotics and technology companies have doubled down on development of applications to support the supply chain, especially in the warehouse.

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End Customers Responsible for 33% of Late Deliveries in Aerospace Supply Chain

SCMR (Supply Chain Management Review)

A study from global manufacturing tech firm TRIGO finds that one-third of late deliveries in aerospace manufacturing are the result of the end customer and not the supplier.

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New Year Insights for the procurement solutions and services marketplace 2024: FRDM

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. Our series runs from mid-December to end-January, then our senior analysts will wrap up with their own take on the key themes that emerge. In no order of preference, today let’s hear from Justin Dillon, CEO of supply chain risk management solution provider, FRDM , one of Spend Matters 50

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

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. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Manufacturing ‘ready to start running again’ with demand up: PMI

Supply Chain Dive

The industry is at the beginning of a possible growth cycle, but manufacturers are likely to be slow to start hiring again, economists say.

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Retailers Are Planning to Shake Things up in 2024, Survey Finds

Supply Chain Brain

Overall, the report found most executives are feeling optimistic about business. Less than 10% of respondents expected sales to decrease year-over-year.

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Forging a framework for central bank digital currencies and tokenization of other financial assets

IBM Supply Chain Blog

Ever since the COVID-19 pandemic, cash usage has been decreasing worldwide and digital payments based on cryptocurrencies or legacy digital payment systems have prevailed. As a result, new forms of centrally managed digital currencies are emerging alongside cryptocurrencies like Bitcoin, the notorious volatility of which has challenged their acceptance worldwide.

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Manufacturing Gets Closer to Growth Territory in January, Reports ISM

SCMR (Supply Chain Management Review)

The report’s benchmark metric, the PMI, came in at 49.1(a reading of 50 or higher indicates growth), up 2.0% over January’s 47.1 reading, contracting, at a slower rate, for the 15th consecutive month. The past 15 months of contraction were preceded by a stretch of 28 consecutive months of growth. ISM also said that the overall economy grew in January, at a faster rate, for the 45th consecutive month.

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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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Supply chain woes contribute to medical apparel supplier’s bankruptcy

Supply Chain Dive

Careismatic said that delays, high costs, rising competition and fast-falling demand after pandemic-driven highs created a liquidity crunch.

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Watch: What Are Manufacturers Spending on Tech Transformation?

Supply Chain Brain

Brian Pacula, partner in the Operations Excellence practice of West Monroe, tells how manufacturers and supply chains are prioritizing their spend on technology in the post-pandemic era.

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4 questions to consider when you’re selecting an external DNS provider

IBM Supply Chain Blog

There are many reasons to move to a managed DNS platform, but they all revolve around a central theme. Once you reach a critical mass of traffic and start getting concerned about the performance and reliability of what you’re delivering, it’s time to consider a managed DNS solution. There are several well-known options out there, and to a newcomer they can appear relatively similar at first.

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6 Questions With … Matt Crawford

SCMR (Supply Chain Management Review)

BigCommerce VP of Business Development and GM of Shipping Matt Crawford sees the retail supply chain from many angles. He joins Supply Chain Management Review to discuss the state of the supply chain, e-commerce and the last mile in this 6 Questions With … feature.

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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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Most HR leaders say half of workers will need reskilling in coming years

Supply Chain Dive

Skills gaps and talent shortages are most severe in areas related to automation, AI adoption and the green economy, a new report says.

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2024 Warehouse Automation Buyer’s Guide

Supply Chain Brain

Want a guide for your warehouse automation journey? Download the 2024 Warehouse Automation Buyer’s Guide for Robotic Solutions now to compare prospective AMR companies, the technology they employ, and the overall effectiveness and functionality of each solution provided!

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Prewave: Vendor Analysis — SCRM solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Prewave, a solution built to reduce risks in supply chains. It offers a comprehensive risk assessment product that encompasses various risk dimensions, including operational risks (business continuity) and sustainability. Organizations must embed risk management in their practices as they navigate a business climate currently defined by increasing risk factors and disruptions, such as supply disruptions, rising costs and declining service l

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Is premium DNS worth it?

IBM Supply Chain Blog

There’s a moment in the life of most enterprises where the connection between Domain Name System (DNS) and revenue comes into greater focus. It’s the moment when businesses discover that delivering high-quality applications, services and content requires more attention to the quality of DNS connections. For most businesses, this is also the moment when they discover that the free DNS services offered by domain registrars or DIY systems they’ve been using are no longer fit for p

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The What, Why and How of Total Procurement Orchestration

By 2027, Gartner predicts that 40% of sourcing will be handled outside of the procurement function. How can procurement pros ensure that the process is efficient and unified for all users? For a synchronized and democratized approach to procurement, leaders are embracing total procurement orchestration solutions. The What, Why and How of Total Procurement Orchestration details how a multi-level orchestration strategy streamlines procurement processes.

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Retailers have finally tamed their inventories: report

Supply Chain Dive

Sales growth outpaced inventory in the third quarter for the first time since the pandemic began, according to Telsey Advisory Group analysts.

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Major Carmakers Could Be Using Uyghur Forced Labor, Report Says

Supply Chain Brain

Over 15% of the aluminum produced in China comes from Xinjiang, a region where the government has conducted a “long-running campaign of repression against Uyghurs and other Turkic Muslim communities.

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Talent Procurement Success is in the DNA

SCMR (Supply Chain Management Review)

Procurement departments are not immune to the talent shortage facing companies, but finding the right people to fill jobs goes beyond locating the right technical skills.

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IBM Databand: Self-learning for anomaly detection

IBM Supply Chain Blog

Almost a year ago, IBM encountered a data validation issue during one of our time-sensitive mergers and acquisitions data flows. We faced several challenges as we worked to resolve the issue, including troubleshooting, identifying the problem, fixing the data flow, making changes to downstream data pipelines and performing an ad hoc run of an automated workflow.

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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,