Sat.Jul 30, 2022 - Fri.Aug 05, 2022

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The truck driver shortage is fueling supply chain chaos- What can be done to solve it?

All Things Supply Chain

In recent times, shortages of goods have caused widespread supply chain issues. Labor shortages have also been troublesome for production and the economy.

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How to issue an RFP for banking services with examples

RPF360

Discover tips, advice, and tools that will help you evaluate and select the perfect banking services for your organization. The post How to issue an RFP for banking services with examples appeared first on RFP360.

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5 Steps to Strategic Spend Management

ProcurePort

• An organization’s long-term growth and sustainability are hinged on strategic management of organizational expenditures. • An organization’s spending determines how much money goes to suppliers and how much remains to pursue other strategic growth objectives. • Strategic spend management is a renewed outlook on spending management entailing careful planning of your expenditure – overheads, […].

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Latest data reveals more is needed to attract candidates to the pharma sector

Procurement Heads

Broadbean’s statistics also reveal a 25% decline in the number of applicants year-on-year between June 2021 and June 2022. This drop in qualified resources has been a concern for some time, with specialist pharmaceutical roles being added to the Home Office’s shortage occupation list in March 2021, making it easier for international experts to apply for a skilled worker visa through the UK’s immigration system.

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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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Supply Chain Weekly Wrap-Up 07/29/2022-08/04/2022

All Things Supply Chain

U.S congress passes bill boosting the semiconductor industry The U.S.

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How To Grow Your Textiles Manufacturing Company (With Digital Marketing Examples)

The Thomas Blog

It’s an active period of growth for some textile manufacturers, especially in the U.S. The pandemic, trade agreements, and changes in the economy have impacted the industry as a whole, but it's still on target for billion dollar growth in the years ahead. Suffice to say, there's opportunity in this sector of manufacturing, and if you're looking to increase orders—of if you already have a five-year plan to double your business and expand your facility—here are ways textiles manufacturers can get

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5 REASONS I’M EXCITED TO MOVE INTO RECRUITMENT

Procurement Heads

?‍ Being part of a team. Self-employment was great, but people often forget it can be lonely and having the opportunity to bounce ideas off colleagues whether content ideas or candidate fits, having a team will be super advantageous for personal development. It’s been great getting to know the team the Heads Resourcing Group. Learning about public sector industries!

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Graphite shortage in the offing as EV sales soar

Strategic Sourceror

With the price of gasoline still uncomfortably high for most people, more Americans aren't just seriously considering hybrid and all-electric vehicles as their next cars; they're actually buying them. Indeed, during the second quarter, nearly 196,800 electric vehicles were sold nationwide, according to Cox Automotive. That's a 66% increase from the same three-month period in 2021.

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Watch: Machine Learning for Risk Analytics

Supply Chain Brain

With multiple layers of suppliers, artificial intelligence and big data can help companies get clean and useful information, says Jim Hayden, chief data scientist at Everstream Analytics.

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What is Supply Chain Management Process?

ProcurePort

• Defining supply management is difficult because of the many processes and disciplines involved. However, the best way to understand it is to refer to it as the aggregate of activities done to ensure a smooth flow of products from production to delivery to customers. • Managing supply chain activities is essential for the survival […]. The post What is Supply Chain Management Process?

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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As e-commerce demand slows, Shopify bets big on fulfillment

Supply Chain Dive

The acquisition of Deliverr and a pilot with Flexport demonstrates how the company is leaning into what its CEO calls “the vertical integration of logistics.

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Sense & Respond

Let's Talk Supply Chain

In 2005 I came across a book, Sense & Respond (The Journey to Customer Purpose) Creating and Leading Sense-And-Respond Organizations. I was sitting on the train, on my way to a client site in Switzerland at the time (leading a global project working in Deloitte & Touch) and I came across this paragraph: “A sense-and-respond organization does not attempt to predict future demand for its offerings.

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Eleven Ways to Address Rising Fuel Costs

Supply Chain Brain

Despite the challenges higher fuel costs bring to industries, few companies have made significant efforts to address the issue. Fortunately, there are ways to mitigate the worst effects of the cost burden.

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Supply chain, labor issues forcing candy makers to problem solve

Strategic Sourceror

Whether it's a fruit-flavored lollipop, old-fashioned taffy or a king-size chocolate bar, Americans love their candy. And with the average citizen indulging in a sweet treat at least two to three times per week, according to data from the National Confectioners Association, it takes a lot of work to keep their sugar fixes satisfied. Indeed, the industry employs close to 58,000 people working in various capacities to keep the candy supply chain flowing.

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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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Leader of FedEx Ground contractor alliance slams CEO’s ‘tone-deaf’ response

Supply Chain Dive

The contractor group has also formed an association to voice concerns and, if necessary, "participate in legal challenges against FedEx Ground.

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IT Procurement | Stranger Things Keeping IT Buyers Up at Night

Una

IT Procurement | 'Stranger Things' Keeping IT Buyers Awake at Night. By Hugo Britt | August 4, 2022. *This post may contain Stranger Things spoilers. Proceed at your own risk. There are a whole bunch of terrifying creatures stalking the night in Netflix’s hit series Stranger Things. Even for seasoned audiences inured to horror tropes, the writers still manage to inspire fear.

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Europe’s Rhine River Is on the Brink of Effectively Closing

Supply Chain Brain

Water levels on the Rhine River are set to fall perilously close to the point at which it would effectively close, putting the trade of huge quantities of goods at risk as the continent seeks to stave off an economic crisis.

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Inventories pile up as customers buy less

Strategic Sourceror

During the pandemic, when buying activity was frenzied and personal savings were substantial, the modus operandi for retailers was pretty straightforward: If you have it in stock, customers will purchase it — whether in store or online. Product shortages were a common sight throughout much of the country, due in part to supply chain bottlenecks, so stocking up wherever possible made sense.

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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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Air cargo carrier for UPS expands operations in bid for autonomous flight

Supply Chain Dive

Xwing says data collected on piloted flights will allow it to accelerate the certification process for its "Superpilot" aviation software.

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Episode 76: Tapping Into the Thoughts of Today’s CPOs with Tarek Alaruri and Greg Tennyson

Una

Episode 76: Tapping Into the Thoughts of Today’s CPOs with Tarek Alaruri and Greg Tennyson. By Kelly Barner | August 3, 2022. The most interesting conversations at in-person events are rarely started from the stage. Instead, they take place quietly, one-on-one, in the coffee line or during lunch. Procurement has been on a two-year hiatus from these networking opportunities, so now that events are back on the calendar, what are CPOs talking about?

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Inmar Intelligence and Doddle Launch Inmar Post-Purchase Solutions

Supply Chain Brain

Ann-Marie Daugherty, executive vice president and president of supply tech with Inmar Intelligenc e, talks about the company's e-commerce post-purchase partnership with Doddle.

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New and Noteworthy Categories on Thomasnet.com for August 2022

The Thomas Blog

Since industry is constantly growing and evolving, Thomasnet.com ® is too. Our platform has over 75,000 categories of products and services, from alloy to zinc, for professionals like you to source from. And thanks to our industry specialists, we are constantly researching and adding to our platform with new supplier categories to help you keep up with current market trends. 1.

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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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Ford expands battery sourcing pool as supply concerns mount

Supply Chain Dive

The automaker is diversifying the mineral mix for batteries used in electric vehicles as it looks to ramp up production.

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Technology Trends in Procurement

Una

5 Technology Trends in Procurement. By Hugo Britt | August 2, 2022. We like talking about savings in big numbers at Una , but even we are awed by the sheer scale of the procurement technology market. You may have had a hint of its size from the dozens of ads that pop up as you browse the internet, or the number of technology vendors clamoring for your attention at procurement conferences.

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What If You Treated Your Data Supply Chain Like the Physical Supply Chain?

Supply Chain Brain

While the task and responsibility for managing the data supply chain is primarily the responsibility of information technology professionals, the concepts and tools we use every day directly apply to the data supply chain as well as the physical supply chain. .

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How much more money will someone with a procurement certification make versus someone who doesn’t have one?

Procurement Insights

As you all know, I am a big believer in doing thorough research into a topic before writing about it. While this LinkedIn poll may not be an industry-wide exercise, it is invaluable because it provides an excellent starting point for a meaningful and long-overdue dialogue. In other words, and like the quality of a musical instrument’s sound is based on the musician playing it, when it comes to industry certification, its ultimate value is based on the professional who can apply the knowled

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Better buys: How CIO leadership impacts the enterprise IT procurement process

Supply Chain Dive

Faster, leader-driven decisions on tech purchases correlate with happy tech customers, Gartner research shows. With budgets tightening, CIOs can make this happen.

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SAP Ariba and the future of the source-to-pay suite: Ecosystems, complexity and a more holistic approach to evaluating procurement technology

Spend Matters

Categories: Market Intelligence , Procurement Systems & Architecture , SAP , Solution Providers , Source to Pay , Spend Management , Technology Tags: PRO The way businesses evaluate and buy software is beginning to evolve, and the vendors positioned to win in this new wave are those that embrace a mantra of customer-centricity, agility and “openness.

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How the Metaverse Has Changed Manufacturing

Supply Chain Brain

While for some companies the concept of digital twins may be new, others in the manufacturing space have been using them for years now, proving not just their effectiveness, but also their ability to drive innovation in an increasingly competitive economy.

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[Pod] Hour of Change and Challenge: 10X the Impact of Procurement

Art of Procurement

“We choose to go to the moon in this decade and do the other things not because they are easy, The post [Pod] Hour of Change and Challenge: 10X the Impact of Procurement appeared first on Art of Procurement.

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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