Mon.Feb 12, 2024

article thumbnail

CPO Crunch: It’s not easy being green

Procurement Leaders

If you live in the UK or keep on top of the British news agenda, you may have seen a story over the past few days concerning a political party announcing a U-turn on its signature green investment policy. What was said? Sir Keir Starmer, leader of opposition Labour party, announced that its flagship £28bn/year green investment pledge would be reduced to £15bn/year, of which only £5bn would be new money.

article thumbnail

A Look Ahead: The Top 3 2024 Predictions for Third-Party Risk Management

Supply Chain Brain

By leveraging advanced and predictive analytics, organizations will be able to identify potential disruptions before they materialize.

professionals

Sign Up for our Newsletter

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

article thumbnail

Job attrition may slow during first half of 2024, survey shows

Supply Chain Dive

Employees said they most often stay put for flexibility, fulfillment and good compensation.

109
109
article thumbnail

The India Advantage: 6 Reasons Why Supply Chains Are Leaving China

SCMR (Supply Chain Management Review)

A new survey found U.S. C-Suite executives are over three times more likely to choose India over China for their future supply chain needs.

article thumbnail

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.

article thumbnail

Beginner’s Blueprint: Barcoding Simplified

Finale Inventory

Inventory is the lifeblood of your business. If you’re a retail brand, wholesale distributor, or manufacturer, inventory is the core of your business. You buy inventory, bring it into your facility, and then hope to sell it for more than you paid to generate a profit. As your business grows, your catalog grows, your sales channels grow. As this happens, maintaining accuracy and efficiency becomes increasingly difficult.

article thumbnail

Audi India Says Red Sea Crisis Impacting Automotive Supply Chains

Supply Chain Brain

Balbir Singh Dhillon, the head of Audi India, said that the Red Sea situation is impacting the German carmaker’s deliveries to customers in India.

More Trending

article thumbnail

Georgia Ports see container volumes dip, autos rise in December

Supply Chain Dive

Savannah’s port processed 422,287 total TEUs while the Port of Brunswick had a record year for auto units.

95
article thumbnail

The customer experience evolution: Today’s data-driven, real-time discipline

IBM Supply Chain Blog

An evolution of customer experience (CX) was to be expected. Throughout modern history, organizations have encountered internal and external challenges that changed how they interact with customers and how customers view those organizations. Advancements in technology mean customers can order virtually any product and receive it in less than a week.

Data 92
article thumbnail

Online retailer Zulily’s inventory is up for sale as it winds down

Supply Chain Dive

After throwing in the towel in December, the struggling e-tailer’s remaining products — $85 million worth — are being liquidated along with warehouse equipment.

article thumbnail

Maximizing your event-driven architecture investments: Unleashing the power of Apache Kafka with IBM Event Automation

IBM Supply Chain Blog

In today’s rapidly evolving digital landscape, enterprises are facing the complexities of information overload. This leaves them grappling to extract meaningful insights from the vast digital footprints they leave behind. Recognizing the need to harness real-time data, businesses are increasingly turning to event-driven architecture (EDA) as a strategic approach to stay ahead of the curve.

Data 77
article thumbnail

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.

article thumbnail

US Postal Service sees volume gains in package shipping

Supply Chain Dive

The agency touted the "wide adoption" of its Ground Advantage service in its quarterly results as it competes against UPS and FedEx.

84
article thumbnail

Which of the following resources is most likely to ensure that you choose the right solution provider?

Procurement Insights

While you likely use all of the following resources, which one will ensure you choose the right solution provider? When I say the right solution provider, I am talking about the one that makes you most confident that you will have a successful outcome for your digital transformation initiative. A Solutions Map Media Recognition, e.g. Forbes A Provider-authored Case Study A Practitioner-authored Case Study How Do You Like Them Apples?

article thumbnail

Top 5 trucking dispatch software providers for 2024

Supply Chain Dive

As a growing asset-based carrier in 2024, having an efficient truck dispatch system in place is more critical than ever for managing your expanding fleet, optimizing complex operations and winning the most profitable loads – particularly dedicated lanes.

article thumbnail

Episode 152: Spending for Maximum Social Impact with Colin Downie

Una

EPISODE 152 Spending for Maximum Social Impact with Colin Downie By Kelly Barner | February 14, 2024 Is it possible to change the life of someone, and their family, and their community just by making purposeful decisions about corporate spending? Yes it is – and it doesn’t cost as much as you might think. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Colin Downie.

article thumbnail

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

article thumbnail

Whirlpool plans further supply chain cost reductions

Supply Chain Dive

The home appliance company expects to cut at least $100 million more from its operations as it sees productivity improvements.

article thumbnail

7 customer experience trends in 2024

IBM Supply Chain Blog

Customer experience (CX) defines a customer’s journey with a company, including both direct and indirect touchpoints. Businesses that place the emotional needs of the buyer persona at the forefront of the customer experience strategy fosters great relationships. Forrester reports that customer experience is a high priority for about 75% of global business and technology professionals and their organizations.

article thumbnail

EU passes law to bolster clean energy supply chains

Supply Chain Dive

The European Commission's Net-Zero Industry Act trails similar actions by U.S. legislators to prop up manufacturing.

article thumbnail

Non-disruptive SAP ERP modernization on IBM Power

IBM Supply Chain Blog

SAP ECC has been the ERP solution for over two decades that runs the core business of many global enterprises. While SAP released their next-generation ERP, S/4HANA, in 2015 and announced its plans to discontinue the support for ECC by 2027, more than 60% of customers have yet to initiate their move to S/4HANA 1. A key reason for this hesitancy is the complexity and cost of migrating to a new ERP platform.

article thumbnail

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.

article thumbnail

Online grocer Misfits Market branches into third-party fulfillment

Supply Chain Dive

The company is offering other retailers a range of logistics capabilities, including storing and delivering products, through a newly launched service.

article thumbnail

New Technology Is Driving a North American Auto Manufacturing Renaissance

Supply Chain Brain

Between now and 2030, North American automakers have the potential to leverage new processes and practices to reduce their production costs while reimagining a traditional domestic industry

59
article thumbnail

Enzen – Legal & Commercial Support

Barkers Procurement

Enzen required a cost effective and reactive legal and commercial service to enable their bid team to respond to utility regulated tender opportunities. The service needed to ensure that prompt and pragmatic legal and commercial advice was provided and built into Enzen’s commercial submissions over a two-year period. Barkers responded with an innovative legal and commercial ‘retained service model’ ensuring effective and experienced support could be promptly provided in an efficient and value ad

Bidding 52
article thumbnail

Québec Surgical Equipment Shortage Could Delay Some Heart Surgeries

Supply Chain Brain

Dr. Louis Perrault, the president of the Québec Association of Cardiovascular and Thoracic Surgeons, said that the province has established a contingency plan if the situation worsens.

59
article thumbnail

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.

article thumbnail

How Businesses Can Save Money on Food Procurement Costs

Una

How Businesses Can Save Money on Food Procurement Costs A play-by-play for navigating rising food procurement costs and what strategies businesses can implement to save money, promote operational efficiency and protect product quality. DOWNLOAD PLAYBOOK Table of Contents Introduction Why Do Food Costs Keep Rising? Understanding Food Procurement How to Save Money on Food Procurement Costs Save on Food Purchases With Group Purchasing Benefits of Working With a Foodservice GPO Case Study Example Co

article thumbnail

QatarEnergy Picks Nakilat to Own and Operate up to 25 Newbuild LNG Ships

Supply Chain Brain

The carriers, each with a capacity of 45.96 million gallons, will be wholly owned by Nakilat and chartered out to affiliates of QatarEnergy.

52
article thumbnail

Contract Automation: What It Is, What It Isn’t, And How To Use It

ContractSafe

Just as we've swapped briefcases for cloud storage and boardroom meetings for virtual chats, it's high time contract management got its modern-day makeover.

article thumbnail

Glencore Seeks Buyer for Troubled New Caledonia Nickel Mine

Supply Chain Brain

The world’s top commodity trader will seek to sell its 49% stake in Koniambo Nickel SAS, according to a statement from KNS.

Buyers 52
article thumbnail

Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

article thumbnail

Sales is the Transference of Belief

Negotiations Ninja

Sales is the transference of belief. If you yourself aren’t sold on the product or service, you can’t transfer that belief to another human. You can’t convince your way in. Are you bought into the ROI of your product or service? Do you care about serving your customers and helping them achieve results?

52
article thumbnail

Implementing automation in a brownfield environment

Supply Chain Brain

Join us on March 26 for a webinar hosted by SupplyChainBrain, where experts from Locus Robotics, Bricz and Tecsys will share insights and practical guidance on how to successfully address this challenge.

52
article thumbnail

390: Achieve Real Results And Innovate For The Future, with GAINS

Let's Talk Supply Chain

 Today I’m joined by long-standing supply chain tech company GAINS , for the third and final show in our collaborative series together. GAINS is the supply chain performance optimization company. Its platform drives faster, smarter decisioning everywhere inventory matters. So, with GAINS, supply chain teams can make all the right decisions – at speed and scale – to right-size inventory, strengthen performance, and fulfill customer promises.

article thumbnail

Future Insights Network Partners with SupplyChain Brain for TFEST24

Supply Chain Brain

SupplyChainBrain has announced a partnership with TFEST24, the premier gathering of 1000+ senior supply chain, procurement, IT and sustainability professionals, taking place at the Colosseum Kino in Berlin from November 11 to 13, 2024.

article thumbnail

The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?