July, 2024

article thumbnail

CPO Crunch: Let’s get rational about ESG

Procurement Leaders

When it comes to ESG, there have been growing murmurs of discontent recently as political figures – predominantly in the US – attempt to push back on its growing influence. The arguments, which I won’t explore in detail here, are focused around whether markets are being manipulated and whether investors and corporations are being forced down a particular route unwillingly due to the reach of increasing regulation.

article thumbnail

The Advantages of Big Data Analytics in Suppliers Management

All Things Supply Chain

Traditionally, purchasing and supply management (PSM) has strongly relied on data management, as procurement managers need to dispose of, clean, and update data of different natures to compare suppliers’ performance,…

Data 130
professionals

Sign Up for our Newsletter

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

article thumbnail

New Jersey Senate passes bill to rightsize shipping boxes

Supply Chain Dive

Have you ever received a tiny item in a huge box? Some legislators want to require retailers to keep that ratio in check. It’s one of multiple packaging bills in play in the state, among others related to PFAS, EPR and plastic utensils.

135
135
article thumbnail

Chasing a Common Supply Chain Objective: Saving Lives

Art of Procurement

For over a decade, one public-private partnership has worked to make lifesaving medicines available in the most remote parts of. The post Chasing a Common Supply Chain Objective: Saving Lives appeared first on Art of Procurement.

article thumbnail

How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. GEP’s sourcing expertise and market intelligence enabled the company to centralize sourcing and order management processes, strengthen key supplier relationships, and enhance supply chain resilience and agility.

article thumbnail

Cybersecurity Experts Fear Risks from Shein’s Supply Chain Technology

Supply Chain Brain

Shein plans to sell supply chain technology to companies around the world, raising fears that sensitive logistics and customer information could be seized by the Chinese government.

article thumbnail

Luminance: Vendor Analysis — CLM solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Luminance and its solution for contract lifecycle management (CLM). Luminance offers legal-grade AI for the full spectrum of document review, from generation and review to post-execution analysis. The Luminance AI enhances and expedites the entire contract lifecycle process, including drafting, negotiating and understanding key features of executed contracts, all while maintaining compliance.

More Trending

article thumbnail

Supply Chain Shortages And Its Impact On Manufacturing

All Things Supply Chain

Globally, supply chain issues have become a pressing challenge, particularly impacting the manufacturing sector.

article thumbnail

Express bankruptcy spurs layoffs at Ohio facility

Supply Chain Dive

The company's logistics and shipping partner Bath & Body Works is shrinking its distribution operations for the apparel retailer due to declines in volume.

Logistics 131
article thumbnail

Coca-Cola’s Project Last Mile

Art of Procurement

“Coke is everywhere. In fact, when I travel to the developing world, Coke feels ubiquitous. […] If we can understand. The post Coca-Cola’s Project Last Mile appeared first on Art of Procurement.

article thumbnail

Nurturing Career Growth in the New Era of Supply Chain

Supply Chain Brain

The supply chain discipline has become a C-suite concern that drives competitive advantage and customer excellence — one that requires expansive leadership skills and technical prowess.

article thumbnail

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

article thumbnail

ProcureVue: Vendor Analysis — Spend Analytics solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of ProcureVue and its solution for spend analytics. It is common for the data held by Procurement (and indeed the business) to become so large and so messy that it is no longer possible to manage it in-house, whether because of time or software constraints. This is where the many vendors like ProcureVue in the procurement space that are designed to tackle this problem come in.

article thumbnail

The one book ALL procurement professionals must read!

Procurement Insights

EDITOR’S NOTE: As a voracious reader, I have read almost every book under the sun relating to business and prime-time executive superstars. I have interviewed many of these authors on my radio show. While each has its own unique approach to achieving life, business, and career success, there is an element of similarity across all of them. That similarity stops with this book.

Ethics 73
article thumbnail

How To Create an Effective AI Use Policy for Your Legal Team (+ Template)

ContractSafe

Artificial intelligence (AI) has taken the world by storm, and legal teams are racing to jump on board. It’s a technology that promises a complete overhaul of how the world works, from automating mundane tasks to generating human-like text and more.

article thumbnail

FedEx nabs $500M in ‘quality’ healthcare business

Supply Chain Dive

The deals involve creating customized procedures for critical shipments as the delivery giant competes with UPS in the high-value sector.

Quality 135
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

Debunking 5 Common Myths About Predictive Procurement Orchestration

Arkestro

Over 50% of organizations have automated their procurement processes, with around 35% using AI in procurement — an impressive increase from 29% in 2020. This evolution enables procurement teams to make superior decisions, initiate more events, and cover broader ground without additional resources.

article thumbnail

Extreme Weather Along South African Coast Could Bring Shipping Delays

Supply Chain Brain

An intense cold front bringing snow to some areas of the country is resulting in damaging coastal winds, rains and waves that threaten infrastructure.

122
122
article thumbnail

Q2 2024 Insider roundup: A deep dive into intake management and orchestration; following procurement tech market movements; updated coverage of 16 vendors

Spend Matters

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

article thumbnail

You can’t say that in public!!!

Procurement Insights

What do you say about public sector procurement when you think no one else is around? I don’t know about you, but I am tired of slick multimedia productions with opening music, cool imagery, and crafted and filtered dialogue in which truthful insight is lost in a sea of neutrality and bland sales pitches that fail to stimulate dissenting, thought-provoking dialogue.

Buyers 65
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

The Importance of Third-Party Logistics (3PL): Definitions and Insights | Ecommerce

Finale Inventory

In the fast-paced ecommerce industry, efficiency and customer satisfaction are of utmost importance. This is where third-party logistics, or 3PL, comes into play. Understanding the role of 3PL in ecommerce and the benefits it offers can significantly impact the success of your online business. This article provides definitions, insights, and the significance of 3PL in the ecommerce landscape.

article thumbnail

Traceability platform TrusTrace upgrades forced labor screening

Supply Chain Dive

The company’s supply chain tool uses AI to reduce “the likelihood of human error” and help fashion brands with regulatory compliance.

article thumbnail

Technology and ESG: Embracing Change with Emir Allen – Episode 98

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary In this episode Martin Smith interviews Emir Allen, the Managing Director of Talent Finance. They discuss Emir’s background in the accountancy and finance world, the challenges and opportunities in the profession and the current landscape of the market. They also touch on … Continued The post Technology and ESG: Embracing Change with Emir Allen – Episode 98 appeared first on Talent Drive.

article thumbnail

Digital Threads: The Path to Sustainable Manufacturing

Supply Chain Brain

Growing environmental concerns, rising consumer expectations for ethical production, and increasing regulatory pressures are pushing businesses toward sustainable operations.

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

Strategic Sourcing and Decarbonization: Decision-making across Disciplines

Jaggaer

Guest article by Prof. Christian Heinrich, Co-Founder and Managing Director, c arbmee The 80% Challenge I was recently delighted to participate in a JAGGAER live webinar focused on the introduction, in recent years, of carbon emissions measurement as a factor in strategic sourcing. The objective of net zero carbon footprint is now familiar. Most large companies have it embedded in their ESG strategy but beyond that, they understand that carbon emissions cost money.

article thumbnail

What is “clean data” – how do you define it?

Procurement Insights

Ask a simple question – what is clean data? Some of the answers: “That’s a hard question to answer.” “It means you can have 100% trust in its accuracy.” “Speaking with procurement teams from all industries and sizes, we know that data quality is still a real challenge–they’re struggling with disparate systems, manual data entry processes, and they aren’t able to deliver all of the value to the organization that they would hope to.

Data 59
article thumbnail

Unpacking Information Systems: Definitions and Practical Examples | Ecommerce

Finale Inventory

Technology plays a vital role in 2024’s business landscape, and one key aspect is the use of information systems. In this article, we will talk about the realm of information systems specifically in the context of ecommerce. We will examine their definitions, provide practical examples, and discuss their significance in modern business operations.

article thumbnail

Manufacturing is ‘stuck’: June PMI

Supply Chain Dive

Caution continues to run through the industry as manufacturers hesitate to spend on labor and production with interest rates still high.

135
135
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

article thumbnail

War-Forged Leadership Lessons

Una

War-Forged Leadership Lessons Five war-forged leadership lessons from active-duty military for aspiring and current leaders from the battlefield to the boardroom. By Hugo Britt | July 11, 2024 Search Search If an Airborne Division officer was able to convince 40 people to follow him when he leaped out of an airplane into a night that would drop as low as -50 degrees with high winds, then that person has some serious credibility when it comes to leadership coaching.

article thumbnail

The Hidden Costs to Business of the AI Revolution

Supply Chain Brain

AI promises to save effort and time on a scale never before witnessed in human history. But to quote Serena Williams: “Everything comes at a cost. Just what are you willing to pay for it?

106
106
article thumbnail

Strategic Sourcing and Decarbonization Best Practices

Jaggaer

Proven Techniques from Source to Contract By Georg Roesch, VP Direct Procurement In our recent guest article, Prof. Christian Heinrich, Co-Founder and Managing Director, carbmee, described “the 80% challenge” faced by manufacturing companies. The vast majority – namely, 80% – of the carbon emissions from manufacturing companies fall under Scope 3 carbon emissions , indirect emissions caused by suppliers of various inputs to a company’s operations, such as steel, iron, electricity and fer

article thumbnail

How do you deal with cultural differences to build stronger relationships?

Procurement Insights

As a Far Side fan, this is the first thing that came to mind when I read your post , Bilawal Shahbaz Khan (see image below). In an increasingly globalized marketplace, how do you deal with cultural differences to build stronger relationships? Thoughts?

59
article thumbnail

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.