Sat.Nov 11, 2023 - Fri.Nov 17, 2023

article thumbnail

What are the Pillars of Sustainable Procurement?

ProcurePort

Sustainable procurement is gaining popularity as people prioritize environmental concerns, social responsibility, and ethical practices in today’s global discussions. Companies are recognizing the significance of using procurement practices that align with present business requirements. These practices also contribute to building a sustainable and resilient future.

article thumbnail

3 key holiday strategies for suppliers: Are you ready?

Supply Chain Dive

The holiday season is critical, but it doesn’t have to be chaotic and stressful. The right strategies can help you stay ahead of the curve so your business can take on holiday pressure with renewed confidence.

Strategy 115
professionals

Sign Up for our Newsletter

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

article thumbnail

How to Optimise a Small Procurement Department

Barkers Procurement

There are several different reasons why you might wish to optimise your procurement department. Your business or organisation could be entering a new growth phase or a growth strategy phase. You might be developing a new product or breaking into a new market. Then there are more straightforward business reasons such as the need to control costs and increase profitability.

article thumbnail

‘It is everywhere’: Rooting out forced labor from supply chains

Supply Chain Dive

Only half of surveyed procurement executives feel they are making effective progress on modern slavery risks in their sourcing, according to a recent Gartner report.

article thumbnail

Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

article thumbnail

Understanding Purchase Orders: A Deep Dive into the Procurement Process

ProcurePort

In global commerce, the Purchase Order (PO) is a crucial document that facilitates the exchange of goods and services. This document is crucial for a smooth purchasing process. It ensures that businesses receive what they need on time. In this exploration, we will examine the concept of a purchase order. We will understand the different […] The post Understanding Purchase Orders: A Deep Dive into the Procurement Process appeared first on ProcurePort Blog.

article thumbnail

The 10 Largest Cargo Ships in the World in 2023

All Things Supply Chain

In the world of global trade and logistics, cargo ships are the unsung heroes that transport goods across the oceans, linking manufacturers, suppliers, and consumers worldwide.

Logistics 147

More Trending

article thumbnail

Intermodal shippers to get another US-Mexico option in January

Supply Chain Dive

J.B. Hunt and BNSF are teaming up with Grupo México Transportes on a rail and truck service linking multiple cross-border markets.

128
128
article thumbnail

AI in Procurement and ‘Autogmentation’ Part 4 — Procurement use cases of AI and Generative AI

Spend Matters

In This content is for members only. Visit the site and log in/register to read. The post AI in Procurement and ‘Autogmentation’ Part 4 — Procurement use cases of AI and Generative AI appeared first on Spend Matters.

article thumbnail

IBM named a Leader in The Forrester Wave™: Digital Process Automation Software, Q4 2023

IBM Supply Chain Blog

Forrester Research just released “The Forrester Wave™: Digital Process Automation Software, Q4 2023: The 15 Providers That Matter Most And How They Stack Up” by Craig Le Clair with Glenn O’Donnell, Renee Taylor-Huot, Lok Sze Sung, Audrey Lynch, and Kara Hartig and IBM is proud to be recognized as a Leader. IBM named a Leader In the report, Forrester Research evaluated 15 digital process automation (DPA) providers against 26 criteria in three categories: Current offering,

Strategy 108
article thumbnail

Watch: Managing the Yard: Why a YMS?

Supply Chain Brain

With all the focus on warehouse management systems, facilities might be neglecting the importance of managing the yard as well, says Colin Mansfield, vice president of Yard Management Solutions.

article thumbnail

How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

article thumbnail

Navigating the quantum revolution in logistics

Supply Chain Dive

Logistics management has entered a new era, marked by the demand for rapid shipping, optimized value chains and real-time adaptability to supply chain disruptions.

Logistics 110
article thumbnail

AI in Procurement and ‘Autogmentation’ Part 3 — How similar is Generative AI to other previous technologies?

Spend Matters

In the previous parts of our series, we covered AI in detail, highlighting its evolution over time and the different levels of AI. We also covered the state of AI adoption in business and procurement. However, we didn’t address the elephant in the room: generative AI. Generative AI has captured the attention of many people because of the broad use cases that it can cover (anyone can relate to a tangible use case, which is very different from other past technologies such as blockchain) and of its

article thumbnail

TikTok Moving Into Logistics

Procurement Bulletin

Toyota Increases Wages for US Factory Workers After the recent UAW labor deal has probably led to Toyota increasing wages for its American non-union workers. TikTok Moving Into Logistics As TikTok looks to increase it’s social e-commerce usage, the social media platform is offering outsourced logistics to bolster it’s e-commerce functionality.

article thumbnail

Watch: Building Environmental Sustainability in Supply Chains

Supply Chain Brain

Jagadish Turimella, chief operating officer and co-founder of GEP, offers some best practices that companies can adopt for ensuring that their supply chains are prioritizing sustainability.

article thumbnail

How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

article thumbnail

Kraft Heinz veteran joins Utz Brands as chief integrated supply chain officer

Supply Chain Dive

Mitchell Arends will oversee procurement, manufacturing, transportation, warehousing and planning as the snack food company looks to accelerate its optimization goals.

article thumbnail

Supply Chain Sustainability Pressures Persist

SCMR (Supply Chain Management Review)

Supply chain sustainability efforts continue to ramp up, but while companies are responding to global challenges, economic pressures are a different story.

article thumbnail

Supply Chain Post Mortem: Convoy

Art of Procurement

Convoy (2015 – 2023) was a freight brokerage that aimed to disrupt a high-volume, low-margin space by applying advanced automation. The post Supply Chain Post Mortem: Convoy appeared first on Art of Procurement.

article thumbnail

Watch: All About Visibility — And the Tools That Make It Possible

Supply Chain Brain

Rich Kilmer, chief executive officer of CargoSense, brings us up to date on the technology that enables shipment visibility — including the internet of things and digital twins — and what shippers are really looking for in that department.

119
119
article thumbnail

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.

article thumbnail

How Black Friday and Cyber Monday test supply chain adaptability and resilience

Supply Chain Dive

How proactive inventory planning and operations management can keep brands from falling behind during the holiday season.

article thumbnail

Zip Forward 2023: Recap of first annual Zip User Conference

Spend Matters

On November 8, Zip hosted its first annual Zip Forward User Conference in San Francisco, California. At the event, the provider revealed several new solution features, including a relatively robust sourcing module. Zip also hosted panels and facilitated keynotes and Q&A sessions with various procurement and finance leaders from notable customers, such as Snowflake, OpenAI, Discover and Northwestern Mutual.

article thumbnail

An introduction to Wazi as a Service

IBM Supply Chain Blog

In today’s hyper-competitive digital landscape, the rapid development of new digital services is essential for staying ahead of the curve. However, many organizations face significant challenges when it comes to integrating their core systems, including Mainframe applications, with modern technologies. This integration is crucial for modernizing core enterprise applications on hybrid cloud platforms.

Data 93
article thumbnail

The Hidden Cost of Plug-in Hybrid Fleets

Supply Chain Brain

The savings as well environmental benefits of plug-in hybrid electric vehicles (PHEVs) vanish when fleet drivers fail to charge and become overly reliant on the gasoline engine.

111
111
article thumbnail

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

article thumbnail

Food suppliers feel the pinch on cold storage

Supply Chain Dive

Construction is booming, but it may not be enough to meet rapidly rising demand for warehouse space.

Suppliers 132
article thumbnail

Fueling Success: Career in Supply Chain Guide

SCMDOJO

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. It’s a fast-paced, evolving industry that has a lot of challenges, but also plenty of rewards, including a potentially lucrative income.

article thumbnail

Kearney Experts Publish Supply Chain Operations book

SCMR (Supply Chain Management Review)

A new book, Strong Supply Chains Through Resilient Operations, from the consultants at Kearney offers real-world examples and insight on how to build resilient supply chain operations.

article thumbnail

Integrated Scenario Planning – Driving a Better Understanding of Risks & Opportunities

Supply Chain Brain

Like a world-class chess player, scenario planning allows you to anticipate moves and counter moves to visualize how the “game” will play out and adjust your strategy and plans before the game begins!

Risk 105
article thumbnail

How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

article thumbnail

Port of Brunswick adds Mexico service as Georgia auto shipments skyrocket

Supply Chain Dive

Besides the Gold Star service offered by Zim, CMA CGM also started a new short-sea service carrying vehicles from Mexico to the Southeastern port.

107
107
article thumbnail

Episode 141: Supply Chain Tech and Supplier Onboarding with Toni Ann Careccio

Una

EPISODE 141 Supply Chain Tech and Supplier Onboarding with Toni Ann Careccio By Kelly Barner | November 15, 2023 Change is as hard as it is inevitable. Even the most exciting new project can quickly go from “This is fantastic!” to “What on earth were we thinking!” when unexpected questions arise. How those moments are managed, and the tone that is kept in place through the process, ultimately determine the potential for value and success for everyone involved.

article thumbnail

Watsonx: a game changer for embedding generative AI into commercial solutions

IBM Supply Chain Blog

IBM watsonx is changing the game for enterprises of all shapes and sizes, making it easy for them to embed generative AI into their operations. This week, the CEO of WellnessWits, an IBM Business Partner, announced they embed watsonx in their app to help patients ask questions about chronic disease and more easily schedule appointments with physicians.

article thumbnail

Robots to Outnumber People at UPS’s Massive New Warehouse

Supply Chain Brain

The package-handling giant plans to fill the $79 million facility with more than 3,000 robots by 2024 to handle tasks like lifting, reducing the need for manual labor.

105
105
article thumbnail

The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.