Mon.Jun 17, 2024

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Circular Economy Approaches to Disposable Food Packaging: Closing the Loop in the Supply Chain

All Things Supply Chain

Critics of cradle-to-grave sustainability efforts have long hoped for simple, and easier alternatives when it comes to food packaging. Fortunately, the circular economy offers the perfect solution.

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The death of category management?

Procurement Leaders

A couple of weeks ago, Procurement Leaders held a CPO Connect Call entitled “the death of category management” It was well attended – as one might expect, given the emotive title – with great discussion and debate about what the future might hold for the process. Many of my conversations with CPOs over recent months have focused on the core procurement process, procurement operating models and how change is required to help manage a new landscape.

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Watch: The Incredible Shrinking Inventory: What To Do About It

Supply Chain Brain

Tracking inventory solely within the four walls of a warehouse isn’t enough to stop shrinkage, says Eddie Misicka, vice president of product and solutions at OneRail.

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6 ways generative AI can optimize asset management

Supply Chain Dive

There is even more help on the horizon with the power of generative artificial intelligence (AI) foundation models, combined with traditional AI, to exert greater control over complex asset environments.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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The Impact of Biden’s Tariff Increases on U.S. Economy

Supply Chain Brain

China is likely to respond to President Biden’s increases in tariffs on Chinese imports, including electric vehicles, in several ways.

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GEP: Vendor Analysis (Part 1) — S2C solution overview, company background, platform and services overview, modules overview, and roadmap

Spend Matters

In today’s fast-paced business environment, procurement professionals face many challenges, from managing supplier relationships to mitigating risks and controlling costs. To address these challenges, many organizations turn to source-to-pay (S2P) suites because they include a comprehensive suite of tools designed to optimize processes and enhance cross-functional collaboration.

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China Investigates Possible Tariffs on EU Pork Products

Supply Chain Brain

Europe exported more than €2.5 billion ($2.7 billion) worth of pork into China in 2023, according to EU customs data.

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Whole Foods broadens meat supply standards

Supply Chain Dive

The grocer raised the number of approved certifications, saying it should give suppliers greater flexibility to meet quality standards.

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Malaysia to Get New $425M AI-Powered Port Near Kuala Lumpur

Supply Chain Brain

The new port will use AI systems will also analyze traffic data to plan ship movements and automate logistics.

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GEP: Vendor Analysis (Part 2) — S2C solution product-level strengths and opportunities, competitors and market analysis, user considerations, voice of the customer, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of GEP’s S2C solution. We will also look at the voice of the customer and the elements to consider when looking at GEP as a potential solution provider. Part 1 of the series provided a history and overview of GEP’s S2C solution as well as the solution’s roadmap/vision.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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BNSF to Pay Washington Tribe Nearly $400M for Trespassing

Supply Chain Brain

According to court documents, BNSF regularly ran 100-car trains carrying crude oil through the reservation between 2012 and 2021.

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How To Navigate Supply Chain Challenges: Resilience and Adaptability in the Modern Business World

SCMDOJO

The power to guide supply chain challenges effectively is essential for any business in a difficult and fast-paced industry. According to statistics, the global supply chain control market is predicted to reach USD 37.41 billion by 2027. In charge of maintaining seamless processes and securing long-term success, current businesses must focus on stability and modification due to unexpected disorders and transforming market necessities.

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Why should you upgrade your legacy planning systems sooner rather than later?

Supply Chain Dive

Key capabilities businesses should adopt to give their supply chains a competitive edge.

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Behind Every Supply Chain Are Lots of Spreadsheets

Supply Chain Brain

Like it or not, s preadsheets are still the go-to planning software in the supply chain industry.

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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Solving Your IBP Problems With the World’s First IBP GPT

Supply Chain Trend

Over the weekend I made my first GPT. It’s an IBP GPT, maybe the world’s first. Although you can make GPT’s more sophisticated, you can start rather simple. That’s what I did. I took an open AI membership, created a GPT, wrote a prompt, wrote four prompt indicators. Told it to be friendly and gave it some other guidance. My aim was to help an IBP user brainstorm some solutions to a typical problem during an IBP cycle.

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HICX & DitchCarbon to Share More Carbon Data for Procurement

HICX

A new partnership with HICX & DitchCarbon will help companies meet the challenges of Scope 3 emissions by sharing more carbon data about their supply chain HICX, the leading supplier experience platform, that helps Global 5000 companies take control of their supplier data, and DitchCarbon, a leading provider of emissions intelligence, have teamed up to help businesses better meet the challenges presented by Scope-3.

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AI Negotiations: How to Leverage AI in Your Next Negotiation

Positive Purchasing

The art of negotiation has historically been a face-to-face endeavour, where the subtle interplay of verbal cues, body language, and human rapport dictated the ebb and flow of the bargaining process. Traditional negotiations relied heavily on physical presence, allowing negotiators to leverage their presence and negotionality®(negotiation personality) to influence outcomes.

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Top 10 Tips For Customers Running Supplier Due Diligence Exercises

Barkers Procurement

During any significant IT service procurement process, there should be a due diligence exercise to allow bidders to access enough information for them to produce firm quotes that can subsequently be relied upon during contracting. This is often a step in the process that is overlooked or poorly planned for. Failure to run a successful due diligence exercise can leave bidders quoting prices that are ‘subject to further due diligence’ leading to significant additional costs post-contract award whe

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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AI Negotiations: How to Leverage AI in Your Next Negotiation

Positive Purchasing

The art of negotiation has historically been a face-to-face endeavour, where the subtle interplay of verbal cues, body language, and human rapport dictated the ebb and flow of the bargaining process. Traditional negotiations relied heavily on physical presence, allowing negotiators to leverage their presence and negotionality®(negotiation personality) to influence outcomes.

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Is This True?!?

Procurement Insights

Over the weekend, I tend to let down what little hair I have left down and write for the pure pleasure of writing. Now, don’t misinterpret what I am saying because I have no less enthusiasm for weekday writing, which is reflected in the following statement from a service provider: “Well, let me start off with just a couple of quick points first.

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Magnus Mondays — Don’t Leave Money on the Table, Optimize!

CPO Rising

It’s always been a mystery to me why so few organizations use sourcing optimization. Yes, it can be complex to use but there is so much value to get from it.

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Canada Border Agents to Vote on New Labor Deal by July 4

Supply Chain Brain

Details of the deal were released on June 14, with border agents getting a 14.8% wage increase over four years, retroactive to June 2022.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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DPW NYC event recap and key takeaways

Spend Matters

Last Wednesday, June 12, DPW hosted its first North American conference in New York at NeueHouse. The event featured keynotes and discussions with a variety of procurement leaders and vendors. Below, we overview some of the sessions and give our overall impressions of the conference. After an introduction from DPW Founder Matthias Gutzmann and CEO Herman Knevel, the first session was an interview with Scott Belsky, the Chief Strategy Officer and EVP of Design and Emerging Products at Adobe, by M

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