Mon.Jul 01, 2024

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CPO Crunch: Collaboration the key to progress on Scope 3

Procurement Leaders

Scope 3 data has emerged as an increasingly important topic within the Procurement Leaders community as supply chain sustainability has evolved from being a nice to have to a procurement imperative. Yet preliminary findings from our ESG glide path research ( participate in the survey ) indicate that more than one-quarter of procurement teams do not currently collect upstream emissions data about their suppliers and, of those that do, only half use primary data obtained from suppliers directly.

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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.

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Canada Rail Union Reauthorizes Strike Ahead of Uncertain Summer

Supply Chain Brain

The vote gives the union the authority to call for a strike within the next 60 days if ongoing labor negotiations with CN and CPKC fall through.

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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.

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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.

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Watch: GenAI Challenges Traditional Thinking on Supply Chain Talent

Supply Chain Brain

Some assumptions and beliefs about the contribution that generative AI will make to supply chains are misplaced, says Dana Stiffler, distinguished vice president analyst at Gartner.

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Levi Strauss moves away from insourced logistics network

Supply Chain Dive

The retailer’s shift to a hybrid model that includes 3PLs intends to cut costs and grow its direct-to-consumer channels.

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Canada rail workers keep window open for strike

Supply Chain Dive

The Teamsters union division voted to re-authorize labor action as they await a government ruling that would permit it.

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Order Management Best Practices: A Comprehensive Guide

SCMDOJO

In today’s competitive landscape, efficient order management is no longer a luxury – it’s a necessity. For supply chain professionals, ensuring smooth order fulfillment from click to delivery is crucial for customer satisfaction, business growth, and profitability. This comprehensive guide deepens into order management best practices, equipping you with the knowledge and strategies to optimize your operations.

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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.

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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.

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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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Zara owner commits to sustainable paper packaging

Supply Chain Dive

The initiative builds on Inditex’s previous commitment to remove endangered and ancient forest materials from textiles.

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Ports of LA, Long Beach Invest $25M in Charging for Electric Trucks

Supply Chain Brain

The ports will partner with regional air quality agencies to install 207 charging units at eight sites in Southern California.

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How are sales responsible for AI initiatives’ 80% failure rate?

Procurement Insights

Earlier today, David Shillingord shared the following post on LinkedIn. When talking about AI in supply chains it is critical to be precise and not speak in general terms. Jim Hayden, Chief Data Scientist at Everstream Analytics , is one of the best in the business and very good at explaining how Artificial and Human intelligence are both critical in enabling companies to turn supply chain disruptions into a competitive advantage.

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Harland & Wolff Shipbuilder Suspends Shares Trading

Supply Chain Brain

In June, it was reported that the U.K. government was withholding the approval of a $253 million loan guarantee promised in order to shore up the shipbuilder's finances.

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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.

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Do Sales Professionals Really Blow?

Procurement Insights

Earlier today, David Shillingord shared the following post on LinkedIn. When talking about AI in supply chains it is critical to be precise and not speak in general terms. Jim Hayden, Chief Data Scientist at Everstream Analytics , is one of the best in the business and very good at explaining how Artificial and Human intelligence are both critical in enabling companies to turn supply chain disruptions into a competitive advantage.

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Boeing to Get 'Sweetheart Deal' For Deadly Crashes, Say Victim Families

Supply Chain Brain

In exchange for pleading guilty to fraud, Boeing would be fined, promise to make safety improvements, and be placed under a three-year probationary period.

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B2B Fulfillment Guide: Everything You Need to Know | Ecommerce

Finale Inventory

In the world of ecommerce, efficient B2B fulfillment is crucial to the success of businesses. Whether you’re a manufacturer shipping products to retailers or a wholesaler supplying inventory to distributors, understanding the ins and outs of B2B fulfillment is essential. This comprehensive guide will walk you through the key components, challenges, strategies, and future trends in B2B fulfillment, equipping you with the knowledge you need to optimize your business operations.

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How RFID and 2D Tags Will Drive Supply Chain Innovation

Supply Chain Brain

As retail operations become increasingly complex, the need arises for serialized data capture. That’s where tools like the 2D barcode and radio frequency identification come into play.

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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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Sometimes, you just have to pause and take in the wonder of this world

Procurement Insights

On a Sunday evening walk with my family, I captured this amazing shot of the sunset over Britannia Bay in Ottawa, Canada. Happy Canada Day to my friends north of the 49th and to my American friends, an early wish for a Happy 4th of July!

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Global Shipping Activity Leaps Most Since 2010 After Red Sea Attacks

Supply Chain Brain

The marker, which multiplies the volume of cargo transported by the distance it sails, is heading for an increase of 5.1% compared to 2023.

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Magnus Mondays — The Two Levels of Supplier Management Tech

CPO Rising

Supplier management is one of the most critical aspects of procurement. But as is the case with a lot of areas within procurement, it’s complex. One of the biggest issues is that supplier management is not one thing. Depending on your perspective, it can mean a lot of different things.

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Amazon’s Threat to Intermediaries – Finale Inventory | Ecommerce

Finale Inventory

In ecommerce, Amazon has proven to be a force to be reckoned with. With its vast marketplace and efficient logistics, the online retail giant has revolutionized the way people shop and disrupted traditional retail intermediaries. This article discusses the impact of Amazon on intermediaries and the position of Finale Inventory in the market. Understanding Amazon’s Business Model Before examining the threat that Amazon poses to intermediaries, it’s important to understand the company&

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Getting Acquainted with the F&B Supply Chain – Finale Inventory | Ecommerce

Finale Inventory

Are you interested in learning about the world of the F&B supply chain? In this article, we will walk you through the basics, key components, role of inventory management, challenges, and technological innovations in the F&B supply chain. By the end of this read, you will have gained valuable insights into this important aspect of the food and beverage industry.