Mon.May 20, 2024

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Top Pain Points For Fleets in 2024

All Things Supply Chain

In the bustling world of construction, fleets of vehicles and equipment are the gears that keep projects moving forward.

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World Procurement Congress 2024: We’re only just getting started

Procurement Leaders

And that’s a wrap! An incredible three days of inspiration, collaboration and networking saw the World Procurement Congress 2024 bring together more than 1,000 procurement rockstars in London, culminating in the glamour of the World Procurement Awards. What an experience, what an inspiration, what a community! It’s incredibly difficult to give justice to the sheer level of insight that was shared across the days of this event; the amount of progress that individual procurement executives will ma

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Nearshoring on the Rise: Navigating the Shift in EU Sourcing Trends

Supply Chain Brain

A shift to shorter supply chains not only helps manage the unpredictability of costs, but also strengthens supply chain resilience by reducing dependency on distant suppliers.

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Kent Outdoors names new supply chain officer

Supply Chain Dive

Dave D’Angelo has experience with product development in the sporting goods industry and will aim to help the company with new opportunities.

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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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Staying Ahead of Changing Technology in Task Management

Supply Chain Brain

Unlike conventional software, which becomes outdated as time passes, newer AI-driven machine-learning systems become increasingly sophisticated with age.

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Agiloft: Vendor Analysis — Contract lifecycle management solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an update on Agiloft and its contract lifecycle management (CLM) solution. We last covered Agiloft in 2020, and the provider has since continued to build advanced functionalities to appeal to large organizations. Agiloft’s product updates have centered around AI, including recent generative AI releases. Overall, the provider has cemented its position as a best-of-breed provider that can compete against any CLM provider on the basis of solution depth, w

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Walmart fires back at Amazon in fast delivery race

Supply Chain Dive

The retailer delivered 4.4 billion items over the past 12 months with either same-day or next-day speeds.

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How to establish lineage transparency for your machine learning initiatives

IBM Supply Chain Blog

Machine learning (ML) has become a critical component of many organizations’ digital transformation strategy. From predicting customer behavior to optimizing business processes, ML algorithms are increasingly being used to make decisions that impact business outcomes. Have you ever wondered how these algorithms arrive at their conclusions? The answer lies in the data used to train these models and how that data is derived.

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ProcureCon Supply Chain To Unite Industry Leaders in Atlanta this August

Supply Chain Brain

The conference will feature a diverse range of sessions, workshops, and networking opportunities tailored to meet the needs of professionals responsible for sourcing along the supply chain.

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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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Procurement Transformation: Six key success factors

Spend Matters

In this guest post from Jeff Gibbons of The Hackett Group, he identifies six (sometimes overlooked) critical factors to ensuring a successful procurement transformation. This content is for members only. Visit the site and log in/register to read. The post Procurement Transformation: Six key success factors appeared first on Spend Matters.

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Analyst Map Inductee 3: Making A Case (Study) For Mintec

Procurement Insights

EDITOR’S NOTE: I am now starting to build my Analyst Solution Map of ten solution providers who I not only see as leaders in their specific area of service but will, through the use of an agent-based model , ensure successful implementations and promised practitioner outcomes. In short, my creditability as an analyst will be and is linked to your success.

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Route Resilience: 5 Strategic Priorities for Logistics Excellence in the Next Year

Supply Chain Brain

Our webinar will cover a comprehensive guide for logistics professionals grappling with the stressors of the industry, like the pressure to optimize operations amidst tightening budgets and sustainability concerns.

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Big Y names VP of logistics, distribution

Supply Chain Dive

Starting at the end of May, Eric Swensen will oversee self-distribution operations with a focus on fresh and local products.

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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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Watch: Are You Ready for Humanoid Robotics?

Supply Chain Brain

It may sound surprising, but what differentiates humanoid robotics from a lot of other automation technologies is that it actually takes nothing to prepare for it, says Damion Shelton, president of Agility Robotics.

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Traditional Internet Technologies: Uncovering Their Role in Modern Supply Chain Solutions

SCMDOJO

Modern supply chains are more efficient and faster than ever before. However, the emergence of technology boosted brands’ access to customers in the first place, and thus, a need for more efficient supply chain practices. This article reviews how traditional internet technologies have influenced today’s supply chain solutions. The Importance of Modern Supply Chain Solutions As eCommerce becomes a more prevalent part of our business world, modern supply chain solutions have become the norm.

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U.S. Senate Investigation Links Automakers to Chinese Forced Labor

Supply Chain Brain

BMW reportedly shipped out 8,000 cars with a part from a Chinese supplier that had been added to a list of companies known to use forced labor.

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Walmart beats expectations in Q1 as revenue surpasses $160B

Supply Chain Dive

The company's e-commerce sales rose 21%, driven by store-fulfilled pickup and delivery and strength within its marketplace.

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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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Dali Re-Floated, Pulled Out of Baltimore Bridge Wreckage

Supply Chain Brain

The U.S. Army Corps of Engineers still expects to fully reopen Baltimore's primary shipping channel by the end of May.

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Tips for Improving Efficiency as a Purchasing Agent

Procurement Freelancers

In any organisation, purchasing the right goods at a competitive price is very important. Your… The post Tips for Improving Efficiency as a Purchasing Agent first appeared on Procurement Blog | Procurement & Supply Chain News.

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Report: EV Deliveries for Commercial Fleets Double in 2023

Supply Chain Brain

Commercial cargo vans and pickup trucks made up 90% of all BEV deliveries, 95% of which came from Ford and Rivian.

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Recurring Revenue: The Key to a Sustainable Bootstrapped Business

Procurement Express

When it comes to building a successful self-funded software business, one of the most critical factors is securing recurring revenue. As Jason Cohen, the renowned entrepreneur behind WP Engine, explains, a recurring revenue model is not just about predictable cash flow – it’s about aligning your business with how your customers want to consume and pay for your product.

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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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Post-Brexit Border Controls Could Cost U.K. Nearly $6B

Supply Chain Brain

That figure would cover the cost of 13 border-related programs to deal with physical checks on plant and animal imports and safety and security declarations.

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Navigating the Dynamic Business Landscape with Fractional CFO Expertise

Procurement Express

In today’s rapidly evolving business world, the role of the Chief Financial Officer (CFO) has undergone a significant transformation. Traditionally, the CFO was primarily responsible for managing a company’s financial records, ensuring compliance, and providing historical financial data. However, as businesses face increasingly complex challenges, the need for a more forward-looking, strategic approach to financial management has become paramount.

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China Retaliates Against U.S. Tariffs

Supply Chain Brain

The announcement from the People's Republic of China’s Ministry of Commerce is a signal that China will hit back in its trade disputes with the U.S. and Europe.

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High-Performance Companies Benefit From Upskilling Employees: You Can Too

Skill Dynamics

Talented employees are at the heart of any high-performing business. Great workers lead to even better results, so it’s vital that businesses create a culture that both attracts and retains top talent. One of the best ways to do this is to invest in your people — make a commitment to upskill your workforce. Rapid technological advancements and an ever-shifting market have presented a wide range of opportunities for companies to develop their talent, but this also presents some challenges.

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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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Magnus Mondays — What About That Spend Visibility?

CPO Rising

Last week OpenAI released its new flagship model GPT-4o (o is for omni, as in working across audio, visuals, and text at the same time).

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How will quantum impact the biotech industry?

IBM Supply Chain Blog

The physics of atoms and the technology behind treating disease might sound like disparate fields. However, in the past few decades, advances in artificial intelligence, sensing, simulation and more have driven enormous impacts within the biotech industry. Quantum computing provides an opportunity to extend these advancements with computational speedups and/or accuracy in each of those areas.

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10 CLM Platforms to Take Your Procurement Game to the Next Level

World of Procurement blog

Contract lifecycle management (CLM) software has become an invaluable tool for procurement teams looking to optimize their contracting processes. As procurement organizations deal with an increasing volume and complexity of contracts, they need solutions to effectively manage the entire contract lifecycle from request through closeout. A dedicated CLM platform provides the automation, control, and analytics procurement teams need to maximize the value of contracts while minimizing risk.

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