Sat.Feb 18, 2023 - Fri.Feb 24, 2023

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ChatGPT in Procurement — Revolutionizing the Norm

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter ChatGPT in Procurement — Revolutionizing the Norm ChatGPT is getting popular not just in procurement but also in various industries as it assists professionals in their everyday work. However, what is it? This article will help you know what ChatGPT is.

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Digital Twins in the Warehouse: An Essential Overview

Supply Chain Brain

A digital twin is a continuously updated, virtual representation of the physical warehouse that tracks assets and inventory, orchestrates staffing and workflow, and tests future scenarios in real time to improve performance and resilience.

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Elements of a Diversified Procurement Strategy

Una

Elements of a Diversified Procurement Strategy A diversified procurement strategy will utilize both traditional and nontraditional methods of sourcing to drive cost savings and value. By Hugo Britt | February 21, 2023 Search As procurement continues to evolve, practitioners must rely on a variety of strategies to cut costs and drive value. This includes implementing aspects of a traditional procurement strategy and adding in some unconventional means to get desirable results.

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3 key considerations for the industrial sector within procurement in 2023

Procurement Heads

Decarbonisation Supply Chain Volatility Trade Protectionism Decarbonisation The Industrial sector is responsible for 40% of global energy consumption and 30% of all greenhouse gas emissions. The top of the agenda for procurement is to deliver decarbonisation, particularly through Scope 2 emissions (indirect from purchased energy) and Scope 3 emissions (indirect from purchased materials and services).

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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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Women Leading Innovation in Africa’s Supply Chain: Why This Article is Vital

Let's Talk Supply Chain

Supply Chain in Africa has been largely male-dominated and reliant on outdated practices, negatively impacting its overall development. Despite these obstacles, some dauntless African women maintain the mindset that nothing is too difficult to achieve. They are creating innovative solutions and building teams to tackle issues affecting the development of the African continent.

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Supply Chain Weekly Wrap-Up 02/17/2023-02/23/2023

All Things Supply Chain

Uber Freight announce plans for electric trucks in California Uber Freight a subsidiary of Uber Technologies announced plans to deploy their electric trucks on select routes in California.

More Trending

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CPO Spotlight: Dr Jonathan Sims

Procurement Heads

For Procurement Heads ‘ latest CPO Spotlight, he spoke with Dan Goodson about the key tenets of being a CPO, how the sector has changed during his career and what he’s most passionate about when it comes to procurement. You have a vast amount of experience, including being a Visiting Fellow at Nottingham Business School (Nottingham Trent University) and Durham University Business School as well as being an Affiliate Professor at Emlyon business school in France, what do these roles e

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The Psychological Long Tail of Supply Chain Disruption

Art of Procurement

Traditionally, procurement has been measured on their ability to generate savings and bring spend under management. That has led to. The post The Psychological Long Tail of Supply Chain Disruption appeared first on Art of Procurement.

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How Warehouses Will Modernize in 2023

Supply Chain Brain

There’s still much to be done to enable operators to take full advantage of the immense amounts of data being collected at every moment of the day within distribution centers.

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5 Strategies For Improving Distribution Operations: An Essential Guide

SCMDOJO

Want to streamline your distribution operations? This guide provides you with all the tools you need to make significant positive changes in a few simple steps. Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! The field of distribution operations is rapidly evolving with the rise of eCommerce, with fierce competition between distributors.

Strategy 101
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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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Financial services sector talent woes continue

Procurement Heads

The number of professionals applying for jobs in the financial services sector is down by a third year-on-year, with the gap between supply and demand worsening. That’s according to new research from the Association of Professional Staffing Companies (APSCo), the trade association for the professional recruitment sector.  The data, provided by Broadbean Technology, revealed that job applications within the sector fell by 12.5% between November 2022 and January 2023, but this decline was far more

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Biden Looking to Promote Clean Energy Manufacturers

Procurement Bulletin

Aldi’s Sets Up More Local Distribution As businesses begin to diversify their supply chain risks as exposed over the last few years, Aldi’s, the grocery chain, has opened a new distribution facility in Loxley, Alabama. This new facility is set to serve 100 of their stores in the Gulf Coast area. Biden Looking to Promote Clean Energy Manufacturers As ESG goals gain more focus from business executives, US President, Joe Biden, is offering a $10b tax credit for clean energy manufacturer

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Tesla, GM Among Carmakers Flocking to Mining Events Amid Battery Metals Scramble

Supply Chain Brain

Top automakers including Tesla, General Motors, and Ford are heading out on the mining conference circuit as soaring demand for metals used in electric vehicles ignites a scramble to lock in long-term supplies.

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New and Noteworthy Categories on Thomasnet.com for February 2023

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, from which professionals like you can source. 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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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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Episode 103: Seeing Opportunity Through an Executive Lens with Jeff Davis

Una

EPISODE 103 Seeing Opportunity Through an Executive Lens with Jeff Davis By Kelly Barner | February 22, 2023 Everyone wants to know what the CEO is thinking. What keeps CEOs up at night? How do they hear the messages being shared with them by different functional leaders and the market at large? This all varies by CEO and is likely to be influenced by their functional background experience, general outlook on macro conditions, and relationships with other C-level leaders.

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Does Evoking Emotion in Persuasion Work?

Negotiations Ninja

Does evoking an emotional response make your argument more persuasive? If you can create a condition where someone is more afraid of something happening, does it become easier to make a decision?

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Unstable Times Require Stable Supply Chain Management

Supply Chain Brain

There’s never been a better time to learn how to identify supply chain risks, gain the agility needed to deal with various supply chain scenarios, and act quickly when an issue arises.

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LA Port director expects ‘real progress’ in West Coast labor talks this spring

Supply Chain Dive

As capacity loosens at other ports, it’s possible even more shippers will take the opportunity to shift cargo to the East and Gulf Coasts.

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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 Process Of Conducting A Supplier Audit

Procurement Freelancers

There are numerous options from whom organizations might select to deal with in today’s globalized… The post The Process Of Conducting A Supplier Audit first appeared on Procurement Blog | Procurement & Supply Chain News.

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What will you do tomorrow when technology does what you do today?

Spend Matters

Categories: Conferences , Sponsored Article Tags: sponsored post Technological innovation is exploding and impacting every aspect of every organization, and procurement is not immune to the challenges and opportunities it presents. The difficult question those working in the procurement industry need to ask is: what will I do tomorrow when technology can do what I am doing today?

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Watch: Gearing Up for the Warehouse of the Future

Supply Chain Brain

The best approach to introducing robots to the warehouse is to truly understand your workflow needs, says Brian Gaunt, senior director of accelerated digitalization at DHL Supply Chain.

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As inflation wears on, should retailers push back on supplier costs?

Supply Chain Dive

Commodity prices have fallen from their peaks, suggesting there is room to negotiate. But there's some risk in asking vendors to lower rates.

Suppliers 101
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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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Why accurate, real-time location data is a must for efficient supply chain operations

SCMR (Supply Chain Management Review)

Find out how next-generation workforce management apps use accurate, real-time location data to power successful operations in this webinar with Radar CEO and Co-Founder Nick Patrick.

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LevaData: Vendor Analysis — Direct materials sourcing solution overview, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Cost Management , Procurement Strategy & Planning , Sourcing , Spend Analysis Tags: PRO In this Spend Matters PRO Vendor Analysis we give an update of LevaData, a solution built to support the sourcing process for direct materials. LevaData is an Al-powered supply management platform that enables customers to improve the way they launch new products and manage existing ones by allowing them to optimize for cost and risk.

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How to Identify and Overcome Supply Chain Risk in 2023

Supply Chain Brain

Lacking foresight into what 2023 will bring, businesses nevertheless have the power to identify risks in the supply chain and prepare for the coming year.

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9 ocean carriers commit to 100% electronic bill of lading by 2030

Supply Chain Dive

The transition to eBLs is expected to save stakeholders billions of dollars.

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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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The key to digital supply chain transformation

SCMR (Supply Chain Management Review)

An end-to-end approach is the only way to ensure domain-specific investments complement each other and deliver transformational supply chain performance.

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Circularise: Vendor Analysis — Supply chain traceability solution overview, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Procurement Systems & Architecture , Supply Chain Visibility Tags: PRO In this Spend Matters PRO Vendor Analysis, we give an overview of Circularise, a blockchain-based traceability solution that helps companies trace products and materials to verify their origins, certificates, CO2 footprints and other material data. The solution provides digital product passports that could address the demands of consumers and regulators for proven sustainability in complex supply chains, such

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U.S. Could Default on Debt as Early as Summer, New Estimate Says

Supply Chain Brain

The United States faces a default sometime this summer or early fall if Congress does not raise or suspend the debt ceiling, a Washington think tank warned on February 22nd.

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Ikea’s climate footprint shrinks as it rapidly switches to renewables

Supply Chain Dive

Finding sustainable materials for the furniture retailer’s products, however, remains a stubborn challenge.

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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