Sustainable Procurement: What it is and its Importance
SCMDOJO
AUGUST 22, 2023
Discover the power of sustainable procurement in enhancing supply chain resilience and brand reputation and learn about its importance.
Sat.Aug 19, 2023 - Fri.Aug 25, 2023
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Understanding The Different Types Of Procurement Contracts
Procurement Freelancers
AUGUST 19, 2023
Purchasing things and services to satisfy the business’s demands is one of the most critical… The post Understanding The Different Types Of Procurement Contracts first appeared on Procurement Blog | Procurement & Supply Chain News.
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Benefits of Implementing Procurement Software
ProcurePort
AUGUST 21, 2023
1. Greater Cost Savings Optimized Spend Analysis: One of the primary advantages of leveraging procurement technology is the potential for cost savings. Advanced systems analyze spending, ensuring every dollar is accounted for and purchases follow company policies and contracts. Discount Management: With procurement technology, companies can seamlessly track supplier discounts or promotional offers, ensuring they […] The post Benefits of Implementing Procurement Software appeared first on P
2024 planning: Supporting growth by expanding strategic procurement and optimising operating models
Procurement Leaders
AUGUST 25, 2023
Under increased pressure to save money, CPOs are being asked to do more with less. With the emergence of ESG and resilience in recent years as top priorities alongside the function’s bread and butter of cost savings, teams must now simultaneously deliver on short- and long-term corporate goals while maintaining the maximum levels of operational efficiency.
How to Stay Competitive in the Evolving State of Martech
Advertiser: ZoomInfo
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
The Market Speaks: Procurement practitioner requirements and the tech vendor response — The Classification Guru
Spend Matters
AUGUST 23, 2023
Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.
Supply Chain Weekly Wrap-Up 08/18/2023-08/24/2023
All Things Supply Chain
AUGUST 25, 2023
Panama Canal delays causing unrest for Shippers The Panama Canal is currently facing disruptions due to low water levels and restrictions imposed to conserve water.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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From Blocks to Bites: A Cheese-Inspired Approach to Change Management
Art of Procurement
AUGUST 22, 2023
Bear with me for a moment… Close your eyes and imagine someone handing you a large block of your favorite. The post From Blocks to Bites: A Cheese-Inspired Approach to Change Management appeared first on Art of Procurement.
Top 10 TikTokers to Take Off your Supply Chain
SCMDOJO
AUGUST 21, 2023
Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” That was fun, right? In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains. Beyond dance moves, they offer bite-sized insights for success, promising to elevate you above inefficiencies.
The 5 Largest Microchip Companies in the World
All Things Supply Chain
AUGUST 23, 2023
In the fast-paced world of technology, microchips are the unsung heroes that power our devices, from smartphones to self-driving cars.
Watch: Creating Purpose-Driven Supply Chains
Supply Chain Brain
AUGUST 23, 2023
For a business wanting to cultivate a better world, it all starts with the supply chain, says Carlos Londono, vice president of supply chain at restaurant chain Chipotle Mexican Grill.
Exploring the Advantages and Hurdles of Direct Store Deliveries
Advertiser: FourKites
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.
How Do You Define Your ERP System?
SCMR (Supply Chain Management Review)
AUGUST 21, 2023
The ERP system sits at the center of the other supply chain systems and the overall connectivity. As the source of truth, this is where the foundational data should be stored.
New York City proposes larger cargo bikes for deliveries
Supply Chain Dive
AUGUST 25, 2023
Increasing the maximum bicycle width by one foot would help the city's efforts to cull truck traffic and emissions, according to its transportation department.
The Importance of Supplier Audits in Risk Management
Procurement Freelancers
AUGUST 25, 2023
The landscape of organizations is constantly evolving, underscoring the significance of risk management. As international… The post The Importance of Supplier Audits in Risk Management first appeared on Procurement Blog | Procurement & Supply Chain News.
Huawei Accused of Building Secret Manufacturing Facilities in China
Supply Chain Brain
AUGUST 23, 2023
By constructing facilities under the names of other companies, Huawei can circumvent U.S. restrictions, allowing the organization to indirectly purchase American chip manufacturing equipment.
How One Manufacturer Used GEP SOFTWARE To Save $45M in Direct Material Sourcing
Advertiser: GEP
For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. Multiple legacy systems prevent procurement from standardizing processes and tracking what they’re spending with each supplier. In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.
Market or roadway mayhem? A fundamental supply chain dilemma
SCMR (Supply Chain Management Review)
AUGUST 22, 2023
The trucking industry is strongly tied to overall economic performance, but the rigidity it faces from labor, equipment, and regulations make it difficult to scale up and down quickly, leading to boom-and-bust cycles.
How food freshness sensors could impact supply chains
Supply Chain Dive
AUGUST 23, 2023
Expiration and date labels on packaging can cause confusion and food waste. Companies and researchers around the world are testing inks, pH sensors, hydrogels and other approaches to change that.
The Benefits of Outsourcing Procurement Services to Consultants
Procurement Freelancers
AUGUST 22, 2023
To pursue efficient operations and stronger financial performance, organisations are leveraging external procurement resources. The… The post The Benefits of Outsourcing Procurement Services to Consultants first appeared on Procurement Blog | Procurement & Supply Chain News.
Reach 100% OTD during peak season…or get as close as possible!
Supply Chain Brain
AUGUST 23, 2023
In this one-hour webinar, Veho CEO Ita Zur will explore various strategies that retail companies can adopt to overcome peak season challenges, including demand planning and innovative solutions to handle the surge in deliveries and meet customer expectations.
CEVA Logistics Drives Agile, Multi-Leg Inbound Flows for Tech Company
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CEVA Logistics, a global leader in third-party logistics, was contracted to help a technology company manage its complex supply chain, supporting B2B, B2C, and reverse flows across multi-leg transport. CEVA leveraged Kinaxis to eliminate blind spots across supply chain activities, centralize order and logistics management, and drive cost-effective plans for order execution.
Container Rates from China Start Rising Again
Procurement Bulletin
AUGUST 20, 2023
Container Rates from China Start Rising Again As shipping rates started coming down and the chaos for supply chains started improving, it looks like container rates from China to the U.S. are starting to creep up again. Sugar Distributor Expands Products Vancouver-based sugar distributor, Rogers Sugar, is looking to expand its Montreal production facility to increase production by 20%.
Amazon, FedEx and United Airlines join Hawai?i fire recovery efforts
Supply Chain Dive
AUGUST 23, 2023
The state’s Department of Transportation has waived wharfage charges for inbound humanitarian shipments at Maui’s Port of Kahului.
Will generative AI make the digital twin promise real in the energy and utilities industry?
IBM Supply Chain Blog
AUGUST 22, 2023
A digital twin is the digital representation of a physical asset. It uses real-world data (both real time and historical) combined with engineering, simulation or machine learning (ML) models to enhance operations and support human decision-making. Overcome hurdles to optimize digital twin benefits To realize the benefits of a digital twin, you need a data and logic integration layer, as well as role-based presentation.
Beyond Early Adoption: Mastering Warehouse Robotic Automation for Competitive Edge
Supply Chain Brain
AUGUST 23, 2023
Gone are the days where just the early adopters were leveraging robots. In the current landscape, automation is a necessity for competitive retailers to maintain a fully staffed warehouse.
ABM Evolution: How Top Marketers Are Using Account-Based Strategies
Advertiser: ZoomInfo
In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.
The Power of Digital Twins is Being Drained as Customers are Left Behind
SCMR (Supply Chain Management Review)
AUGUST 24, 2023
As more supply chains build digital twins, few are adding their customers to the modeling, leaving gaps in their ability to drive better outcomes.
Target’s operating profit leaps 273% after long battle against inventory
Supply Chain Dive
AUGUST 21, 2023
The spike follows last year’s painful stock clearing that “laid the groundwork for the recovery and profitability,” its CEO said.
Business Management: Traditional to Breakthrough
SCMDOJO
AUGUST 25, 2023
Strategies and Processes Aim at Business Performance Management Select a strategy that focuses on one’s core competencies, and processes that ensured total quality management, and success will follow, said experts. When technology and customer tastes are changing at an ever-increasing pace, what happens if the core competencies get obsolete, wonder modern managers.
Watch: How AI Has Transformed the Logistics Landscape
Supply Chain Brain
AUGUST 21, 2023
Robotics and artificial intelligence are changing more than the warehouse, says Ray Roberts, enterprise sales executive at Logiwa. An example: Autonomous vehicles are becoming more active in trucking.
Hot Off the Grill: Optimizing Summer Supply Chains for Seasonal Staples
Speaker: Glenn Koepke and Steve Rotter
This webinar – coming to you from Glenn’s own backyard – discusses the importance of supply chain visibility for seasonal shipping, new product promotions, and holiday ramping in the F&B and retail industries while providing sizzling secrets to creating the juiciest meats for your barbecue. Hear success stories from Land O’Lakes, Coca-Cola, and Dollar Tree on how they beat the summer supply chain heat with real-time visibility.
Signs of Improvement Appear Even as U.S.-Bound Shipments Fall Again in July
SCMR (Supply Chain Management Review)
AUGUST 23, 2023
U.S.-bound shipments fell year-over-year in July but signs of improvement are beginning to appear, reports S&P Global Market Intelligence.
Onshoring semiconductor production to the US is risky. Here’s how to protect yourself.
Supply Chain Dive
AUGUST 24, 2023
As chipmakers push to bring their operations closer to home, experts say it’s critical they keep close tabs on critical data and IP.
2018 Call for Code Winner Project OWL advances its natural disaster communication network
IBM Supply Chain Blog
AUGUST 24, 2023
For disaster-prone areas, fragile connectivity remains a major problem, often going offline in critical moments. Aerospace enterprises face a similar challenge when trying to run consistent high-altitude connectivity while operating in remote locations, which can also be very expensive. This is where Project OWL comes into play: developing new technologies to help address these challenges.
Biden Administration Commits $30M to Build Up U.S. Critical Minerals Supply Chain
Supply Chain Brain
AUGUST 22, 2023
The investment will fund research for a laboratory and the testing of economically viable extraction, separation and refining technologies to produce rare earth elements and critical minerals.
The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment
Advertiser: GEP
From new pricing strategies and material substitutability to alternative suppliers and stockpiling, a new GEP-commissioned Economist Impact report reveals that enterprises are adopting a variety of approaches underpinned by data and technology. In "The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment," you'll find lessons from AT&T and GSK on managing today’s supply chain disruptions.
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