Sat.Apr 01, 2023 - Fri.Apr 07, 2023

article thumbnail

CSR Policy — Transforming Sustainable Procurement

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CSR Policy — Transforming Sustainable Procurement CSR policy is important to ensure that a company ethically conducts its business operations. However, what is it? In this article, we will discuss what CSR policy is. We will also tell you the benefits of CSR policy when adopted in business operations and how you can use it to make a sustainable procurement policy.

article thumbnail

Where is all the automation?

SCMR (Supply Chain Management Review)

Trade shows are being overrun by robotics and automation companies, yet that hasn’t translated to widespread adoption in warehouses – yet.

101
101
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What the future of ChatGPT has for the Supply Chain

All Things Supply Chain

The overwhelming popularity of OpenAI’s ChatGPT has been a hot topic since the turn of the new year.

article thumbnail

The Beautiful Complexity of Procurement Planning

The Good Spending

Where's the procurement planning when you need one? Once, we wrote about demand management in this blog. It's a good enough topic, which misses one crucial element - demand management mastery comes after sophisticated planning. In some companies (and I'm quoting my own experience), procurement planning barely exists. Our colleagues tend to accept the business demand for granted and not try to understand or, God forbid, challenge it.

article thumbnail

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.

article thumbnail

Benefits Realization in Procurement

Una

Benefits Realization in Procurement Benefits realization in procurement allows professionals to identify areas for improvement, adjust procurement processes, and optimize procurement activities to achieve better outcomes By Hugo Britt | April 6, 2023 Search Welcome to Una’s Pain Points in Procurement series. Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges.

article thumbnail

Sustainable Supply Chain Analysis — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Supply Chain Analysis — Embracing Sustainability Sustainable supply chain analysis involves evaluating how sustainable your suppliers and your processes that both pertain to how transparent your supply chain is.

More Trending

article thumbnail

UCB CPO Sebastien Bals on using technology to get ahead of supply chain disruptions

Procurement Leaders

UCB CPO Sebastien Bals sits down with Procurement Leaders’ chief product officer David Rae to share some insights into his function’s response to the ongoing polycrisis. Among other subjects, Bals reveals how the purchasing team at the Anderlecht-headquartered global pharmaceutical company has leveraged machine-learning technology to create a digital twin of its supply chain to uncover previously hidden vulnerabilities, as well as the steps buyers are taking to pre-qualify suppliers

article thumbnail

The Big Interview with Andrew Smith

Procurement Heads

How did you get into procurement? I sometimes wonder actually, how did I end up here? But it was quite simple for me, I was leading the National operation for a rather large FMCG organisation and this included logistics, supply chain, quality management, innovation and field operation, unbeknown to me there was a procurement team from the centre that had decided to consider outsourcing the whole operation, but what they had failed to do was engage with the key stakeholder, me.

article thumbnail

Sustainable Procurement Business Drivers — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Procurement Business Drivers — Embracing Sustainability Sustainable procurement business drivers are the factors why many businesses embrace sustainability within their operations. However, what are these “drivers” that make organizations strive for sustainable procurement?

article thumbnail

[Pod] Case Dismissed: Spencer Patton Prevails Over FedEx

Art of Procurement

In August of 2022, the relationship between FedEx Ground and their network of delivery contractors looked like it was about. The post [Pod] Case Dismissed: Spencer Patton Prevails Over FedEx appeared first on Art of Procurement.

article thumbnail

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.

article thumbnail

Why FedEx combining Express and Ground could benefit shippers

Supply Chain Dive

The company's transformation raises questions about network capacity and employee labor classification. However, experts say the upside is worth it.

article thumbnail

The Big Interview with Andrew Smith

Procurement Heads

How did you get into procurement? I sometimes wonder actually, how did I end up here? But it was quite simple for me, I was leading the National operation for a rather large FMCG organisation and this included logistics, supply chain, quality management, innovation and field operation, unbeknown to me there was a procurement team from the centre that had decided to consider outsourcing the whole operation, but what they had failed to do was engage with the key stakeholder, me.

article thumbnail

How Companies Can Benefit From Sustainable Procurement

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter How Companies Can Benefit From Sustainable Procurement Many businesses are shifting towards sustainability due to the perceived benefits when applied to the actual processes in procurement and supply chain. However, what are the benefits of sustainability?

article thumbnail

Digital Tools Help Metals Supply Chains Experience Less Volatility and More Resiliency

Supply Chain Brain

Businesses in the industrial metals industry must increasingly rely on digital tools such as real-time product tracking to optimize their items’ journey and to provide data to inform decisions.

article thumbnail

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

article thumbnail

Los Angeles, Long Beach port terminals shut down due to labor issues

Supply Chain Dive

Several logistics providers are warning customers of missed truck appointments and other disruptions ahead of Easter weekend.

Logistics 145
article thumbnail

Procurement Heads’ 5-a-side charity football event returns!

Procurement Heads

This year’s tournament, which will be the fourth time the event has been held, provides an excellent opportunity for procurement professionals to come together and raise funds for Macmillan Cancer Support. Procurement Heads’ Financial & Professional Services team will host this year’s tournament, which will take place in London on the evening of Thursday 18th May.

article thumbnail

Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line.

article thumbnail

How to be Successful in Omni-Channel Commerce

Supply Chain Brain

The grace period is gone; consumers will find what they want elsewhere if a retailer can’t deliver the product(s) and experience they’re looking for.

120
120
article thumbnail

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.

article thumbnail

Amazon deliveries made by Rivian EVs surge to 75M

Supply Chain Dive

The company's push to decarbonize the transportation fleet is gaining steam, with more growth expected in the years ahead.

140
140
article thumbnail

Procurement Heads’ 5-a-side charity football event returns!

Procurement Heads

This year’s tournament, which will be the fourth time the event has been held, provides an excellent opportunity for procurement professionals to come together and raise funds for Macmillan Cancer Support. Procurement Heads’ Financial & Professional Services team will host this year’s tournament, which will take place in London on the evening of Thursday 18th May.

article thumbnail

Data in Procurement and the Supply Chain

Positive Purchasing

Kris Lance is a senior director with the group purchasing company Una. He’s an experienced leader with a proven history of success across multiple industries, especially in healthcare and IT procurement. Kris describes himself as a “seeker of truth”, and here he takes a look at the tech landscape in procurement – and in particular, data. We asked: “As the availability of more sophisticated technology is matched by the opportunity to acquire increased levels of data, the temptation to run h

Data 105
article thumbnail

Hydrogen Is Here; This is How We Get It There

Supply Chain Brain

With the capability to produce and store liquified hydrogen where and when it is needed, the tipping point has been reached and the hydrogen economy is here.

114
114
article thumbnail

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.

article thumbnail

FedEx to combine Ground, Express to advance $6B cost-savings push

Supply Chain Dive

The unified company will usher in significant changes, ranging from more rail transport to further reductions in flights.

141
141
article thumbnail

Episode 109: Delivering Exceptional Value Through Business Relationships with Heather Fotch

Una

EPISODE 109 Delivering Exceptional Value Through Business Relationships with Heather Fotch By Kelly Barner | April 5, 2023 When someone asks you to define ‘trust,’ what comes to mind? Words like safety, confidence, and dependability are likely to rise in your thoughts. Trust in business is based on the same empathetic human principles as it is in our personal lives, and yet building close relationships in a professional capacity remains a challenge for many people in different functional roles.

Quality 98
article thumbnail

Gaining An Insight Into Technology Procurement Consulting

Procurement Freelancers

Using technology to enhance supply chain operations is a hot topic across many industries. Since… The post Gaining An Insight Into Technology Procurement Consulting first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

The U.S. Warehouse Capital Boomed During the Pandemic. Now It’s Facing a Slowdown

Supply Chain Brain

Data out April 4 showed U.S. supply-chain activity fell to the lowest in at least 6 ½ years in March, with low transport prices for goods driving the decline in the Logistics Managers’ Index.

Logistics 104
article thumbnail

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,

article thumbnail

Walmart lays off over 2,300 warehouse workers

Supply Chain Dive

Cuts have hit distribution centers in Texas and Pennsylvania, as information about the total impact of layoffs slowly trickles out.

134
134
article thumbnail

Optimizing your equipment leasing process

Spend Matters

Categories: Best Practice , Cost Management , Procurement Strategy & Planning Tags: sponsored post Equipment leasing is a well-known, strategic financial tool, especially when interest rates are rising. Nearly 80 percent of US companies use some form of financing when acquiring equipment (source: 2022 Equipment Leasing & Finance Industry Horizon Report, ELFA).

article thumbnail

What the Masters app can teach us about large language models

IBM Supply Chain Blog

For years IBM has been using cutting-edge AI to improve the digital experiences found in the Masters app. We taught an AI model to analyze Masters video and produce highlight reels for every player, minutes after their round is complete. We built models that generate scoring predictions for every player on every hole. But I believe the “AI Commentary” solution we built this year is the most consequential work we’ve done in the history of our 25-year partnership with the Masters

Data 85
article thumbnail

Drug-Resistant Bacteria Tied to Products Imported from India

Supply Chain Brain

The FDA has long been criticized for lapses in inspections of overseas manufacturing in China and India, which are the two major producers of drugs and raw ingredients for medicines.

Import 90
article thumbnail

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