Mon.Jul 15, 2024

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Being a CPO: Probably the best job in the world

Procurement Leaders

Being a chief procurement officer might be the best job in the world. That’s quite the statement but, writing this from the grounds of Château St. Gerlach near Maastricht as Procurement Leaders’ annual CPO retreat Ovation reaches its conclusion, I’m left in no doubt that it’s one based on reality. Why? That becomes clearer when you take a moment to step back and consider the sphere of influence and scope of impact that procurement has.

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Smart Ways To Mitigate Contractor Safety Risks In Your Supply Chain 

All Things Supply Chain

As supply chains continue to grow in scope and complexity, so do contractor safety risks.

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Carhartt grows efforts to source sustainable cotton

Supply Chain Dive

The workwear brand is tapping the U.S. Cotton Trust Protocol and Better Cotton initiative in a bid for greater traceability and transparency over its supply chain.

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Watch: AI in the Supply Chain: Fact and Fiction

Supply Chain Brain

Tom Moore and Keith Moore, CEOs of, respectively, ProvisionAi and Autoscheduler.AI, talk about how AI is helping to solve problems in supply chains — and where it's more a matter of hype.

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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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Ports of Indiana to build sea container terminal

Supply Chain Dive

The terminal is slated to begin operations as early as 2026, serving industries such as manufacturing, agriculture and consumer goods.

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Walmart Canada debuts hydrogen truck

Supply Chain Dive

The Nikola tractor contributes to the retailer’s goal of a 100% alternatively powered fleet by 2028.

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ILA Says Threat of East Coast and Gulf Ports Strike Growing More Likely

Supply Chain Brain

ILA president Harold Daggett says threat of October 1 strike growing more likely as current contract with USMX expires September 30.

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Casey’s ramps up demand planning efforts

Supply Chain Dive

The c-store chain, which added more than 150 locations in fiscal 2024, has formed multiple technology partnerships to improve procurement in the last few years.

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Six Strategies for Attracting and Retaining Drivers

Supply Chain Brain

Finding and retaining drivers is a challenge in 2024. Trucking companies lose or rehire more than 90 truck drivers for every 100 they hire over one year.

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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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How supply chain automation leads to increased employee retention

Supply Chain Dive

Suppliers are faced with nonstop tasks that can lead to burnout. With help from automation, employees can work more strategically.

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Freeport LNG Plans Phased Restart After Hurricane Damage

Supply Chain Brain

Beryl slammed into Texas on July 8, causing widespread power losses. At least four LNG cargoes were cancelled during Freeport’s outage.

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Barkers Announce Partnership with Mandant Solutions and launch of the Barkers ERP Accelerator

Barkers Procurement

Barkers are pleased to announce its strategic partnership with Mandant Solutions , which will provide customers and prospective customers with a solution, the ERP Accelerator, to quickly and seamlessly integrate their systems with the best-in-class spend management software Coupa. Barkers are award-winning implementation partners for Coupa and are now harnessing the services of Mandant’s MATRIX technology to further accelerate digital transformations for our customers, through a simplified and a

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U.K., EU States to Target Russian Oil Fleet With More Checks

Supply Chain Brain

There are signs these sanctions are proving effective, at least in terms of disrupting tankers that had been moving Russian oil.

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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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Barkers Announce Partnership with Mandant Solution and launch of the Barkers ERP Accelerator

Barkers Procurement

Barkers are pleased to announce its strategic partnership with Mandant Solutions , which will provide customers and prospective customers with a solution, the ERP Accelerator, to quickly and seamlessly integrate their systems with the best-in-class spend management software Coupa. Barkers are award-winning implementation partners for Coupa and are now harnessing the services of Mandant’s MATRIX technology to further accelerate digital transformations for our customers, through a simplified and a

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Exploring the Best Inventory Management Software for 2024 | Ecommerce

Finale Inventory

Inventory management is a key aspect of running a successful ecommerce business. As businesses continue to grow and expand their product offerings, efficient inventory management becomes even more important. In this article, we will review the best inventory management software options for 2024 and discuss the key features to look for in these solutions.

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Unlock the Power of Referrals: A Step-by-Step Guide to Boosting Your Business Growth

Procurement Express

As a business owner, you’re always looking for ways to grow your customer base and drive more sales. While traditional marketing channels like paid advertising can be effective, they can also be costly and time-consuming. That’s where referrals come in – they offer a powerful, cost-effective way to tap into your existing customer base and generate new leads.

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Inventory Control Simplified: Free Downloadable List Templates | Ecommerce

Finale Inventory

Inventory control is a vital aspect of running a successful ecommerce business. By effectively managing your inventory, you can avoid shortages, overstock situations and minimize the risk of financial loss. Utilizing free downloadable list templates can streamline the process and ensure smooth operations for your business. Understanding the Importance of Inventory Control in Ecommerce Inventory control plays a pivotal role in the overall success of any business, particularly in the ecommerce ind

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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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SRO Software Ltd Launches Rubberstamp.io: Simplified Purchase Order Management

Procurement Express

Dublin, Ireland – [12 July 2024] – SRO Software Ltd, the leading provider of purchasing software solutions, is proud to announce the launch of Rubberstamp.io, a simplified and affordable purchase order management software designed specifically for small businesses. With Rubberstamp.io, companies can now enjoy full transparency and control over their spending, enhancing efficiency and security in their purchasing processes.

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Unlocking a Strong Inventory Turnover Ratio: Definitions and Formulas | Ecommerce

Finale Inventory

In today’s ecommerce landscape, maintaining a robust inventory turnover ratio is essential for businesses to thrive. The inventory turnover ratio is a key metric that measures the efficiency of a company’s inventory management. By understanding and optimizing this ratio, ecommerce businesses can streamline their operations, improve cash flow, and maximize profitability.

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Legislation and IoT: The Dynamic Duo to Combat ORC

Supply Chain Brain

The convergence of technology and legislation offers a multi-faceted approach to combating organized retail crime.

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Understanding Just in Time (JIT) Inventory: Definitions and Benefits for 2024 | Ecommerce

Finale Inventory

In the fast-paced ecommerce environment, efficient inventory management plays an important role in ensuring smooth operations and customer satisfaction. One inventory management strategy that has gained significant popularity is Just in Time (JIT) inventory. In this article, we will examine the concept, benefits, potential challenges, and future trends of JIT inventory in the context of ecommerce in 2024.

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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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Magnus Mondays — Random Summer Rants

CPO Rising

As I prepare to head out for summer vacation, I thought I’d wrap up the first half of 2024’s “Magnus Mondays” articles with a selection of smaller random rants. For those who know me or have followed my writing over the years, none of these should come as a surprise.

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Unlocking the Tax Advantages of Setting Up an Irish Company: A Guide for International Businesses

Procurement Express

Exploring the Benefits of an Irish Corporate Structure As businesses expand their global reach, the decision to establish an Irish company can offer significant tax advantages and operational efficiencies. Whether you’re based in the UK, the US, or the Middle East, Ireland’s favorable corporate tax rate and strategic location within the European Union make it an attractive destination for international companies looking to optimize their tax obligations and streamline their European

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Survey Reveals Persistent Challenges in Supplier Relationships

HICX

Supplier relationships remain strained due to a disconnect between suppliers’ needs and what buying organizations perceive those needs to be. Despite this, more organizations across various industries are starting to recognize the importance of providing a best-in-class supplier experience as a key differentiator. Our latest survey gathered insights from 1,000 suppliers serving enterprise customers in the CPG, FMCG, Aerospace and Defense, and Energy sectors.

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Senator: Shein’s Supply Chain Tech Could ‘Subvert U.S. Interests’

Supply Chain Brain

Senator Tom Cotton requested the Biden administration provide a plan to protect Americans’ data from Shein, and identify whether Shein is complying with U.S. laws.

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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.