Sat.Aug 26, 2023 - Fri.Sep 01, 2023

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Porter’s five forces – practical use

ABC of Procurement

Procurement focuses either at their internal stakeholders or suppliers. But what are the forces that impact the economy, and market? There is a tool for it. The post Porter’s five forces – practical use first appeared on ABC of Procurement.

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Top 10 reasons for implementing RFQ Software in Manufacturing

ProcurePort

In today’s manufacturing world, the competition is tough. Companies are constantly seeking innovative ways to reduce costs, increase efficiency, and streamline operations. One often overlooked but highly impactful area for optimization is the procurement process. By incorporating Request for Quote (RFQ) software, manufacturing companies can realize significant cost savings.

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Dodging the Urban Doom Loop

Art of Procurement

In the book “Good to Great,” Jim Collins wrote about the flywheel effect, a prosperous cycle of work and adjustment. The post Dodging the Urban Doom Loop appeared first on Art of Procurement.

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Expert Advice – Selecting the Right Reverse Auction Software

ProcurePort

Evaluate Needs & Usability: Understand auction specifics and prioritize an intuitive, mobile-responsive platform. Prioritize Features & Security: Opt for software with essential tools like dynamic bidding and ensure robust data protection. Reverse auctions, a procurement strategy where suppliers compete to win business by lowering their prices, have become increasingly popular with Procurement Teams for saving […] The post Expert Advice – Selecting the Right Reverse Auction S

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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.

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How Amazon Shipping could shake up the parcel delivery industry

Supply Chain Dive

While not yet a heavy hitter against FedEx and UPS, experts say the service’s straightforward fees could entice small- and medium-sized businesses.

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Supply Chain Weekly Wrap-Up 08/25/2023-08/31/2023

All Things Supply Chain

Shell to Shelve Plan to Shrink Its Carbon Footprint Shell Plc’s Chief Executive Officer, Wael Sawan, has terminated the company’s ambitious carbon offsets program, a plan to develop environmental projects…

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What is Supplier Management Software

ProcurePort

In today’s hyper-connected business landscape, managing suppliers effectively has never been more crucial. With increased globalization and businesses relying on a vast network of suppliers for their products and services, the efficiency of supplier relationships can make or break a company’s success. This is where Supplier Management Software (SMS) comes into play.

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Inside Hershey’s $1B push to boost its supply chain capacity

Supply Chain Dive

The multi-year undertaking will allow the candy maker to balance existing capacity with future flexibility, an executive said.

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Types of cyberthreats

IBM Supply Chain Blog

In the simplest sense, a cybersecurity threat, or cyberthreat, is an indication that a hacker or malicious actor is attempting to gain unauthorized access to a network for the purpose of launching a cyberattack. Cyberthreats can range from the obvious, such as an email from a foreign potentate offering a small fortune if you’ll just provide your bank account number, to the deviously stealthy, such as a line of malicious code that sneaks past cyberdefenses and lives on the network for month

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357: Leverage the Power of Shipping Intelligence, with Reveel

Let's Talk Supply Chain

Today I’m joined by Reveel, a forward-thinking digital platform that is on a mission to level the playing field with innovative shipping intelligence technology that gives businesses control over their parcel shipping expenses. Reveel is the leading Parcel Shipping Intelligence Platform that enables companies to level the playing field with FedEx and UPS.

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10 Practical Steps To Reduce Scope 3 Emissions

Scope 3 emissions – which account for 70 – 80% of an organization’s emissions – are complex and multifaceted. They form the bulk of an organization’s environmental impact. It’s no surprise that enterprises still struggle to track and manage these emissions. '10 Practical Steps to Reduce Scope 3 Emissions' guides you through the essential phases of identifying, analyzing, and mitigating these emissions.

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Big Oil Investing in Carbon Management

Procurement Bulletin

Chipmaker, Arm files for IPO Arm, the British chipmaker owned by Japan’s Softbank, saw Nvidia hit $13.5 billion in revenue in the most recent quarterly earnings report and though, “Hey, I want some of that too!” As the British chipmaker pivots to an AI-led strategy, they have filed for an IPO in New York instead of the UK. Big Oil Investing in Carbon Management As the world begins to move to electric for vehicles and transportation and the focus shifts to cleaner energy sources

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Norfolk Southern outage could lead to weeks of disruptions

Supply Chain Dive

The railroad is still investigating the cause of the Monday outage, but does not believe it was a cybersecurity incident.

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Want to Help with Hurricane Idalia Relief? Here’s How

SCMR (Supply Chain Management Review)

As Hurricane Idalia made landfall on Wednesday morning along the Florida coast, the need for logistics and supply chain support following the storm will be great. ALAN’s executive director offers advice on how to get involved.

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The New Era of Commerce: A Guide for Future-Proofing Your Shipping

Supply Chain Brain

This paper offers comprehensive strategies to ensure enduring shipping operations, such as leveraging advanced technology to optimize logistics and using data to identify trends.

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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

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Solving the procurement problem: Too many tools, not enough data

Spend Matters

Procurement professionals and IT leaders tasked with managing software procurement today can often only focus on the top 20% of vendors. Why? It’s a convergence of three main factors: lack of data, limited resources and inefficient tooling. SaaS and vendor management has become increasingly complex Procurement and IT are being inundated with software access, vendor intake and renewal requests.

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ILWU ratifies 6-year contract

Supply Chain Dive

Approval of the contract ends more than a year of uncertainty surrounding West Coast ports and fears of a possible strike.

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Generative AI, Robotics and Automation: Supply Chain Friends or Foes?

SCMR (Supply Chain Management Review)

Supply chain leaders should consider the potential benefits of generative AI, robotics, and automation in supply chain management while being mindful of the implications for their teams.

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The New Era of Due Diligence in 2023

Supply Chain Brain

The world of business has entered a new era of due diligence. In this new era, the traditional approach taken by most companies is no longer sufficient to effectively identify and manage risks.

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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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Defense Supply Chain Network for Naval Operations

The Network Effect

How the US Navy's NOSS (Naval Operational Supply System) solution will be more agile, responsive, and effective using a network approach.

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Vietnam lifts restrictions on grain exports from North America and Europe

Supply Chain Dive

The country removed creeping thistle as a pest of concern, allowing Canada to resume bulk wheat shipments for the first time since 2018.

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Intelligent IBP: A Need for Decision Centricity

Supply Chain Trend

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of blogs, I will discuss the evolution of traditional IBP towards a more intelligent IBP.

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Watch: How Can Delivery Drivers Thrive While Remaining Independent?

Supply Chain Brain

Peter Schlactus, co-founder and executive director of the Association for Delivery Drivers, explains how independent delivery drivers can retain their status, yet still have access to critical services such as training, certification and insurance.

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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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The Market Speaks: Procurement practitioner requirements and the tech vendor response — Simfoni

Spend Matters

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.

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Industry leaders react to West Coast ports contract ratification

Supply Chain Dive

Port leaders and government officials expressed relief at the approval of a six-year deal.

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The Limitations of Forecasts and Plans on Decision Making

Supply Chain Trend

Forecasters and planners are involved in decision making, but make limited decisions with direct business impact themselves. A forecast is an insight or a foresight, a plan is an intent. A decision is only made when resources are irrevocably allocated to the execution of the decision. Without this, multiple forecast and planning options – as advanced as they may be – remain calculations, maybe insights or, at best, recommendations.

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The Importance of Transparent Supply Chains — and How to Achieve Them

Supply Chain Brain

The key to ensuring supply chain transparency is having access to product data that is consistent and of the highest quality.

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The What, Why and How of Total Procurement Orchestration

By 2027, Gartner predicts that 40% of sourcing will be handled outside of the procurement function. How can procurement pros ensure that the process is efficient and unified for all users? For a synchronized and democratized approach to procurement, leaders are embracing total procurement orchestration solutions. The What, Why and How of Total Procurement Orchestration details how a multi-level orchestration strategy streamlines procurement processes.

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Navigating the Challenges of Freelance Buyers: Tips and Tricks

Procurement Freelancers

With the work environment transforming, a growing proportion of people are considering freelancing as a… The post Navigating the Challenges of Freelance Buyers: Tips and Tricks first appeared on Procurement Blog | Procurement & Supply Chain News.

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Best Buy suppliers are picking up the tab on promotions

Supply Chain Dive

With electronics demand sluggish, vendors are funding price discounts more often to generate sales through the retailer.

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A New Approach to IBP Decisions during Crises

Supply Chain Trend

PREVIEW Niels van Hove writes that the limitations of the traditional Integrated Business Planning process are severely magnified during periods of significant disruption, which to many of us seems like the new normal. He argues that the standard meeting-and-decision schedule cannot provide timely strategic responses to disruption, as clearly evidenced by organizational steps during COVID.

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HD KSOE Delivers LNG Tanker with an AI Engineer

Supply Chain Brain

The AI engineer is equipped with two engine automation systems that operate in real-time to diagnose the condition of important ship equipment and detect potential emergencies.

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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,