Sat.Jun 03, 2023 - Fri.Jun 09, 2023

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Overcoming the Challenges of Implementing Procurement Software

ProcurePort

In the modern business ecosystem, digital transformation is not just an option but a requirement. The need for streamlined operations and enhanced efficiency has made procurement software a valuable asset for organizations of all sizes. However, the journey towards successful implementation is fraught with challenges. This blog will provide a deep dive into these challenges […] The post Overcoming the Challenges of Implementing Procurement Software appeared first on ProcurePort Blog.

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7 steps for managing the work order process

IBM Supply Chain Blog

Work orders are the driving force behind any organization’s asset management apparatus. Whenever a person or entity submits a service request, the maintenance team that receives it must create a formal paper and/or digital document that includes all the details of maintenance tasks and outlines a process for completing the tasks. That document is called a work order.

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The Emerging Role of the Procurement Performance Manager

Supply Chain Brain

Recently, companies have invested more money and resources into Procurement Performance Managers to ensure procurement performance is monitored, optimized and impactful.

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Harness The Power of Data To Optimize Your Supply Chains

All Things Supply Chain

The global logistics automation market has been growing at a Compound Annual Growth Rate (CAGR) of 12.4% since 2020, the highest growth rate of any supply chain market.

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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.

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Sustainability vs. Sustainable: Is your energy management strategy truly efficient?

Procurement Foundry

At its core, the word “sustainability” is defined simply as the ability to continue at a certain level—no explicit consideration for whether something is “green,” renewable, or recyclable, and no defined parameters around carbon footprint. Simply: “able to continue.

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Supply Chain Network Design — Everything About Supply Chain

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supply Chain Network Design — Everything About Supply Chain Supply chain network design helps businesses to mitigate disruptions by configuring the supply chain. However, what is it? In this article, we will define what supply chain network design is.

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Supply Chain Weekly Wrap-Up 06/02/2023-06/08/2023

All Things Supply Chain

GM to invests over $1B in EV battery production General Motors (GM) and POSCO are expanding the production of cathode active materials at their joint venture facility in Quebec to…

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Long Beach port’s largest terminal closed to truckers

Supply Chain Dive

A port spokesperson said gates are closed for operational reasons, while industry observers warned of potential congestion and other fallout.

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Suez Canal — Everything About Supply Chain

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Suez Canal — Everything About Supply Chain Suez Canal is an artificial waterway located in Egypt that connects the Mediterranean Sea to the Red Sea. However, how important is it in the supply chain? In this article, we will discuss what the Suez Canal is.

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Green Jobs and Green Tech: Rethinking the Impact of the Supply Chain

Supply Chain Brain

Eight supply chains – food, construction, fashion, fast-moving consumer goods, electronics, automotive, professional services and freight – account for more than 50% of global emissions.

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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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Episode 118: Scaling Supply Chains for Profitable Growth with Marcia Williams

Una

EPISODE 118 Scaling Supply Chains for Profitable Growth with Marcia Williams By Kelly Barner | June 7, 2023 Growth – especially fast growth – is such an exciting time for a company. Unfortunately, all of the good opportunities growth presents have a way of leaving a mess in their wake. It often falls to procurement and supply chain professionals to clean up the mess, using metrics and frameworks to establish order so that operational scale and profitability can follow.

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UPS drivers will gain ‘millions of packages’ under SurePost deal, Teamsters say

Supply Chain Dive

The tentative agreement amid national contract talks would lead to half of SurePost deliveries being made by company drivers, the union's leader said.

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Indonesia Import and Export Statistics 2023

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Indonesia Import and Export Statistics 2023 Indonesia’s imports and exports open on a positive note in the first quarter of trade in 2023. Airlangga Hartarto, Indonesia’s Coordinating Minister for Economic Affairs announced that the country’s export value increased to 12.8% and its import value went up to 14.9%.

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White House Claims Supply Chain Resiliency Has Improved Since 2020

Supply Chain Brain

The backlog of anchored vessels has decreased from 155 to roughly a dozen while 92% of goods in grocery and drug stores are in stock, exceeding pre-pandemic levels.

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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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10 Steps Trade Show & Event Managers Can Take to Save Money and Improve the Logistics of Their Next Event

Let's Talk Supply Chain

10 Steps Trade Show & Event Managers Can Take to Save Money and Improve the Logistics of Their Next Event The logistics of trade show assets can make or break an event. A small error in the planning or execution of a trade show shipment can increase the cost of exhibiting or result in exhibit materials missing from the show- jeopardizing a company’s investment.

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Port of Oakland shuts down after longshore worker passes

Supply Chain Dive

After the incident, several terminals alerted trucking companies they would be closed for the day.

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Periodic Inventory System — Everything You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Periodic Inventory System — Everything You Should Know Periodic inventory system is a method in accounting that is usually easier and more cost-effective. However, what is it? This article will discuss what periodic inventory is and when you should use it.

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Watch: 'Re-imagining' the End-to-End Supply Chain

Supply Chain Brain

Will the dream of an "end-to-end" supply chain finally come true — and if so, what will make it happen? Sumit Dutta, partner and leader of the Americas supply chain market with EY, has the answer.

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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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Charting a Sustainable Path Together: Nine Tips for Engaging Procurement Teams in Your Sustainability Journey

SupplyShift

Sustainability and responsible sourcing professionals often face the challenge of engaging their procurement teams in sustainability initiatives. With procurement professionals managing a significant portion of company revenue, they play a crucial role in supply chain sustainability. But do you understand how to collaborate with procurement professionals in your organization to implement sustainable supply chain practices?

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Veho launches service in 11 northeast markets

Supply Chain Dive

The next-day delivery provider's expansion makes it a more attractive option for shippers wanting to reach customers throughout the East Coast, its chief revenue officer said.

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Global Supply Chain — Everything About Supply Chain

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.

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Seven Ways That Companies Can Make Real Progress Toward Sustainability

Supply Chain Brain

Implementing a lofty sustainability program isn’t just a marketing strategy to show that your company cares about the environment, and win points with consumers.

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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.

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6 Supply Chain Tools Which Will Save You 30 Hours

SCMDOJO

In today’s fast-paced business world, optimizing your supply chain is essential for staying competitive and efficient. With the right supply chain tools at your disposal, you can streamline operations, boost productivity, and save valuable time. Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting.

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Macy’s doubles down on inventory discipline as demand falters

Supply Chain Dive

Inventories at the department store retailer were down 7% as it keeps its budget open to buy in-demand product.

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Sustainability Ratings — Embracing Sustainability

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Sustainability Ratings — Embracing Sustainability Sustainability ratings allow businesses to know how well they are performing in terms of environmental and social responsibility. However, what is it? In this article, we will define what sustainability ratings are.

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Watch: Improving Inbound Logistics Through Supplier Visibility

Supply Chain Brain

The manufacturing floor operates in the blind in the absence of real-time data from suppliers on arrival of parts or raw materials, says Jeffrey Luft, portfolio development executive with Siemens Digital Industries Software.

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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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Learning from leading experts: Kelly Barner

Positive Purchasing

Jonathan O’Brien , CEO of Positive Purchasing , has asked key thought leaders, opinion formers and all-round smart professionals from the world of procurement and beyond to share their thoughts on current hot procurement topics by answering five ‘questions of the moment’. This edition’s expert is the wonderful Kelly Barner Kelly is behind some of the leading publications and shows in the procurement space.

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Panama Canal on alert as low water levels could affect transit

Supply Chain Dive

A press release from the canal said economic impact was unavoidable. In response, some ocean carriers have announced surcharges.

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Inventory Management — Everything You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. However, what is it? In this article, we will tell you what inventory management is.

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Distracted Driving: Using AI Technology to Break a Deadly Habit

Supply Chain Brain

A.I.-driven technology can help keep drivers and passengers safe by not only detecting distracted driving, but also identifying other potentially risky behaviors.

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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