Sat.Mar 09, 2024 - Fri.Mar 15, 2024

article thumbnail

Why Is Supply Chain Visibility Critical for Effective Decision-Making?

All Things Supply Chain

Supply chain visibility is about knowing where things are at all times, from their sources to their final destinations. Various technologies can track goods in real time.

article thumbnail

CPO Crunch: New model armies

Procurement Leaders

Hands up if you’re either thinking about, have recently been through or currently undergoing a procurement operating model change. I have a suspicion – if you were to play the game – that a lot of virtual hands would be reaching for the sky right now. Why? Anecdotally, I’ve had several conversations with CPOs recently that have landed on the issue, which is one sure indicator, but another stronger indicator was last week’s CPO community call on the subject.

professionals

Sign Up for our Newsletter

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

article thumbnail

Biden administration boosts EV supply chain with $2B lithium loan

Supply Chain Dive

The money will go towards constructing processing facilities at Lithium Americas' upcoming project, expected to produce 40,000 tons of the material a year beginning in 2027.

article thumbnail

Crisis Management 101: A Supply Chain Primer

SCMR (Supply Chain Management Review)

Many supply chains have developed plans to navigate through disruptions, but fewer have detailed crisis management plans to implement should the unthinkable happen.

article thumbnail

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.

article thumbnail

Four Keys to Realizing Flexible Fulfillment of E-Commerce Orders

Supply Chain Brain

The adoption of e-commerce as the consumer’s retail channel of choice has increased by 30% post-pandemic, spurring urgent mandates for e-tailers to scale operations and services.

115
115
article thumbnail

How IBM helps clients accelerate app modernization and control costs

IBM Supply Chain Blog

A large US-based healthcare company recently engaged with IBM® to accelerate their cloud adoption with consistent and predictable outcomes. This collaboration enhanced their confidence to navigate app modernization across various applications and landing zones for both hybrid cloud and platform-native modernization. As a healthcare company, this client had an obligation to provide safe, reliable, time-sensitive, high-quality services to its customers.

More Trending

article thumbnail

Meet AI in Sourcing

Spend Matters

Artificial intelligence (AI) comes in many forms (for a complete history of AI in procurement see our recently published autogmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. In this series of articles we explore the current state of AI in procurement technology.

article thumbnail

How Generative AI Will Shape Contracting

Supply Chain Brain

Contracts have long been uncelebrated essentials in the business environment. If your company is like most others, procurement professionals view commercial agreements as irritating interruptions to business procedures. They can’t wait to sign the bottom line of the documents, file them in a cabinet and forget them.

Contract 111
article thumbnail

Navigating the World of Purchasing Professionals: Insights from an Industry Insider

Procurement Freelancers

As a purchasing professional, I’ve spent years navigating the intricate landscape of procurement. From negotiating… The post Navigating the World of Purchasing Professionals: Insights from an Industry Insider first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

In an era of AI, skill building is a top organizational priority, LinkedIn says

Supply Chain Dive

Learning and development pros can encourage short bursts of instruction to help workers make progress in small chunks.

134
134
article thumbnail

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?

article thumbnail

VORTAL: Vendor Analysis — e-Sourcing and e-Procurement solution overview, roadmap, customer feedback, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of VORTAL and its source-to-pay (S2P) solution. Procurement organizations increasingly demand efficient and streamlined processes. Traditional procurement processes can be complex, time-consuming and manual, leading to inefficiencies, a lack of transparency and increased risk. To overcome these challenges organizations often look for a technology solution that offers automation, centralized data management and streamlined workflows.

article thumbnail

A 2024 Supply Chain To-Do List

Supply Chain Brain

A post-Covid-19 supply chain model is emerging to cope with a dual ‘new normal’ in global commerce — a need for resilience amid volatility, and heightened concerns around climate and, more broadly, sustainability of products and processes.

article thumbnail

Three Strikes for the New Baseball Uniform

Art of Procurement

I live in Boston, one of the greatest sports towns in the world (if we do say so ourselves). With. The post Three Strikes for the New Baseball Uniform appeared first on Art of Procurement.

article thumbnail

Target deepens bets on supply chain, inventory management

Supply Chain Dive

The retailer has 10 new facilities in the pipeline and is investing in AI and machine learning to sharpen demand planning as it grows its profits.

Inventory 117
article thumbnail

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

article thumbnail

Using Your End Of Year Budget for L&D Effectively

Skill Dynamics

As the year draws to a close, organizations face the critical task of effectively utilizing their end-of-year Learning and Development budgets. The allocation of this budget is not a decision to be taken lightly, as it has a direct impact on the company’s growth, productivity, and talent development. With countless options available in the market, it’s crucial to find a solution that aligns with your organizational objectives and addresses your specific skill gaps.

article thumbnail

Accelerating supply chain transformation with cloud-based fleet planning

Supply Chain Brain

Studies have shown that companies implementing digital and sustainability innovations are two and a half times more likely to outperform competitors who don't seek to innovate. The problem many companies have when embarking on their digital journey is where to begin.

article thumbnail

Procurement Strategies and Innovation – A CPO treasure chest

Spend Matters

At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week. We use solution provider and practitioner intelligence, alongside our first-hand knowledge from endless demos within the tech industry (culminating in our Vendor Analyses ) to s

article thumbnail

Gap Inc. gets a boost from retooled sourcing strategy

Supply Chain Dive

Falling commodity costs have lifted margins, while leaner inventories have helped improve operations and reduced markdowns.

Sourcing 125
article thumbnail

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.

article thumbnail

Getting started with Kafka client metrics

IBM Supply Chain Blog

Apache Kafka stands as a widely recognized open source event store and stream processing platform. It has evolved into the de facto standard for data streaming, as over 80% of Fortune 500 companies use it. All major cloud providers provide managed data streaming services to meet this growing demand. One key advantage of opting for managed Kafka services is the delegation of responsibility for broker and operational metrics, allowing users to focus solely on metrics specific to applications.

Data 93
article thumbnail

Video-Based Safety: Measuring the Value of a Managed Services Program

Supply Chain Brain

In today's fast-paced world, fleet safety has become paramount. Simply installing video cameras is no longer enough. It requires a comprehensive approach that includes expert oversight and actionable insights. That's where SmartDrive's managed services come in.

article thumbnail

A Hoarding Explanation for the Post-COVID Inflation for Goods

SCMR (Supply Chain Management Review)

Inflation continues to impact the U.S. economy, but could a fear of supply shortages have caused a hoarding of materials and contributed to inflation’s rise?

Supply 94
article thumbnail

Big Lots makes huge gains in closeout sourcing

Supply Chain Dive

The company has revamped its procurement strategy to focus on acquiring inventory from distressed and overstocked retailers and brands.

Sourcing 119
article thumbnail

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,

article thumbnail

Meet AI in Spend Analytics

Spend Matters

Artificial intelligence (AI) comes in many forms (for a complete history of AI in procurement see our recently published autogmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. In this series of articles we explore the current state of AI in procurement technology.

article thumbnail

Real-Time Visibility Key Component to Digital Transformation, Sustainability

Supply Chain Brain

The report concludes that companies are increasingly investing in advanced technologies such as IoT devices and AI to improve their visibility capabilities.

article thumbnail

Navigating Success: The Vital Role of Procurement Consultants in the Food Manufacturing Industry

Procurement Freelancers

In the ever-evolving landscape of the food manufacturing industry, ensuring the smooth and efficient procurement… The post Navigating Success: The Vital Role of Procurement Consultants in the Food Manufacturing Industry first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

Lack of career development holds back women from leadership, survey says

Supply Chain Dive

When women don’t receive the support they need, they are 1.5 times more likely than men to leave their companies to advance in their careers, DDI said.

article thumbnail

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.

article thumbnail

Why does procurement need to work in a physical “in-person” company office?

Procurement Insights

“We don’t decide whether we are a hybrid, remote or in-person company. We are everything, in the same way that we are everything on several fronts of the business. We just decide what our people management model is,” says Daniel Knopfholz , vice-president of People and Technology at Grupo Boticário. EDITOR’S NOTE: Sometimes, the best way to tackle a subject isn’t to write about it but to share the actual discussion regarding the important topic of who has to work, from where, and whe

article thumbnail

Making the Case for TMS: Driving Supply Chain ROI

Supply Chain Brain

When building a business case for the investment in a new TMS, it is important to provide information on the ROI. This whitepaper helps uncover the key areas that consistently deliver savings, value and continuous improvement in your supply chain and across your business to support your business case.

article thumbnail

Supply Chains Facing New Pressures as Companies Seek Cost Savings

SCMR (Supply Chain Management Review)

A Boston Consulting Group survey of global executives found a majority are targeting supply chain and manufacturing costs as the biggest areas to achieve cost savings in 2024.

article thumbnail

Better shipping contracts benefit BarkBox owner

Supply Chain Dive

Dog toys and treats brand Bark, which uses FedEx, the U.S. Postal Service and Pitney Bowes, joins other shippers that have trimmed their delivery costs.

Contract 111
article thumbnail

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