Tue.Nov 21, 2023

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Gianluca Colombo: ‘There is no sourcing without responsible sourcing’

Procurement Leaders

Like many within the procurement community, dsm firmenich’s deputy chief procurement officer Gianluca Colombo is a keen chef in his spare time. “I like cooking and discovering new recipes, he told Procurement Leaders. “I mean, sometimes the result is not that amazing but at least I discover new cultures.” Following the completion of the merger between DSM and Firmenich in May 2023, in his day job, Colombo finds himself breaking silos like a chef might eggs to ensure the s

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Enhancing Supply Chain Resilience: A Modular Approach

Supply Chain Brain

Achieving resilience in supply chains is essential, but it's crucial to implement measures carefully so they do not hinder or conflict with other competing priorities.

professionals

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Trending Sources

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Harvard Business Review: How Global Companies Use AI to Prevent Supply Chain Disruptions

Arkestro

As they strive to make their supply chains more resilient, global companies are grappling with two challenges: the difficulty in discerning potential sources and the extended time required to find, vet, and onboard new suppliers. Companies such as Walmart, Tyson Foods, Koch Industries, Maersk, Siemens, and Unilever are using AI tools to swiftly find and engage with alternative suppliers during unexpected disruptions.

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How Pitney Bowes is preparing for the 2023 peak season

Supply Chain Dive

Much is at stake for the shipping provider's e-commerce logistics segment to reliably deliver for the holidays. Automation will play a big role.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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Using AI to Understand the Habits of Brick-and-Mortar Shoppers

Supply Chain Brain

Brick-and-mortar retailers are seeking out hi-tech ways of tracking the habits of flesh-and-blood shoppers while they’re in their stores.

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Toyota, Redwood Materials expand deal to source recycled battery materials

Supply Chain Dive

The automaker is looking to create a circular supply chain that can make use of aging Prius models to help feed its growing electric vehicle production.

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More Trending

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UAW strikes: What’s next for auto supply chains after labor deals?

Supply Chain Dive

As automakers ramp up production efforts, labor challenges and geopolitical risks may continue to plague operations, according to industry experts.

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Climate Neutral Island Supply Vessel Commissioned for Marshall Islands

Supply Chain Brain

The ship is equipped with a semi-automated INDOSAIL wind propulsion system, enabling it to reach a speed of roughly 12 knots with a sailing area of 500 square meters.

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DHL Supply Chain to open four more automated warehouses

Supply Chain Dive

The logistics provider is leveraging an automated storage and retrieval system to improve throughput times.

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Novo Sees European Ozempic Shortages Continuing into 2024

Supply Chain Brain

For both medicines, shortages will get worse as the end of this year approaches, according to a letter to healthcare professionals published November 21 by the European Medicines Agency

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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At which point should end-to-end (S2C) source-customer visibility begin in the manufacturing process?

Procurement Insights

EDITOR’S NOTE: In December 2010, I wrote an article about one of Time Magazine’s picks for the Top Innovations in 2008 – Made-in-Transit Packaging. In my December 2019 post , Sorry, Charlie, there is something wrong with the world’s seafood supply chain I talked about consumer demand for tracking the seafood industry from source to plate.

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Cargo Volumes Rise for Third-Straight Month at Port of LA

Supply Chain Brain

Through the first ten months of 2023, the Port has processed 7,123,900 TEUs, which represents a 16.6% drop-off when compared to the same period in 2022.

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Your Black Friday observability checklist

IBM Supply Chain Blog

Black Friday—and really, the entire Cyber Week—is a time when you want your applications running at peak performance without completely exhausting your operations teams. Observability solutions can help you achieve this goal, whether you’re a small team with a single product or a large team operating complex ecommerce applications.

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Sphera Launches SCRM Commodity Risk Tracker

Supply Chain Brain

Sphera said its tool gives businesses information regarding lead times for sourcing raw materials, risk events and real-time data on potential supply chain disruptions.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Unlocking Shareholder Value: Mastering the Supply Chain

SCMR (Supply Chain Management Review)

The supply chain provides a means for mid-cap companies to improve shareholder and equity value, if they pull the right levers

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BMW Investigating Moroccan Miner Following Hazardous Water Claims

Supply Chain Brain

A spokesperson for the car manufacturer said that the company commissioned two investigations into the mine to "examine social and environmental standards at the location.

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Port of Oakland cargo volumes drop 12% YoY in October

Supply Chain Dive

Despite the overall drop, the port saw a 4% increase in loaded export containers processed at the port.

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MPs Warn “Gigafactory Gap” Could Hurt U.K.’s EV Sector

Supply Chain Brain

Business committee members said that the U.K. has a “limited window in the next three years to attract further investment into this sector.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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Enhance Your 3PL Operations in 2024 with the Latest Technology Solutions

SCMR (Supply Chain Management Review)

Streamline Your Supply Chain with Zebra & Qualcomm's Proven Solutions. Improve Efficiency, Accuracy & Resilience. Learn More!

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Why I Hate Procurement – One (Jaded) Salesperson’s Perspective

Positive Purchasing

Marcus Evans has been advising us for over ten years and is also a senior instructor on our Red Sheet<sup>®</sup> advanced negotiation course. Before this, he spent 30 years in advertising, running agencies for Ogilvy, BBDO and TBWA, where he spent a good proportion of his time selling to enterprise clients. He makes no secret of the fact that he has never enjoyed his negotiations and interactions with his client’s procurement teams, so we thought – as he has now “come over to th

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A solution for all seasons

SCMR (Supply Chain Management Review)

Stay Ahead of Seasonal Peaks with Innovative Tech for Distribution Centers. Keep Operations Smooth, Even During High Demand Periods!

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Watch: How Sellers Are Coping With the Problem of Artificial Demand

Supply Chain Brain

Jeremy Tancredi, partner and leader of the Supply Chain Practice of West Monroe, recalls the plight that merchandisers found themselves in when they responded to a surge in demand during the pandemic, only to be left with excess inventory and capital equipment when it was over.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Efficient Deep Storage for Palletized Loads

SCMR (Supply Chain Management Review)

Transform Your Supply Chain with Swisslog's PowerStore - Get Our New White Paper Today!

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What Is The One “Single Source Of Truth” Procurement Keeps Missing?

Procurement Insights

You have shared another thought-provoking post , Joël Collin-Demers. As you know, Indirect MRO is an area about which I never get tired of talking. In my recent post, Are you chasing solutions or solving problems? (Part 1 of 3) I talk about an agent-based versus equation-based approach. Here is the link – [link] Everything you are talking about is excellent and on the money and will improve procurement.

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Taking the Leap Into Procurement Business Ownership with Staverton Consulting Director & Co-Founder, Will Bowley – Episode 84

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Listen on Google Podcasts Listen on Amazon Episode show notes “Procurement has been really effective in seeing growth opportunities and saying ‘Let us manage this, we can look after this’.” While Will Bowley’s route into procurement may not be conventional, his pedigree in the industry matches … Continued The post Taking the Leap Into Procurement Business Ownership with Staverton Consulting Director & Co-Founder, Will Bowley – Episode 8

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Maximo Application Suite migration and modernization with Red Hat OpenShift on Azure

IBM Supply Chain Blog

IBM ® Maximo ® has been a leading enterprise asset management solution in the industry for four decades, helping customers streamline work processes with a centralized platform for managing tasks, inventory, regulatory compliance and reporting capabilities. IBM Maximo Application Suite (MAS), the next generation of IBM Maximo, delivers a better user experience, faster integration, robust AI analytics, and a broad range of cloud deployment options.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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Procurement tech’s latest developments – Simon Geale from Proxima

The Procuretech Podcast

In this episode of The Procuretech Podcast, host James Meads is joined by Simon Geale, VP of Procurement at leading UK-based consultancy Proxima. This is a fireside chat-style episode about the latest trends in procurement technology. Simon talks about his background and role at Proxima, and the company's focus on serving large enterprise clients with complex procurement problems.

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Top 10 stakeholder alignment strategies — And lessons learned from a CPO forum

Spend Matters

Last month, I presented at a customer advisory board (CAB) session that Fairmarkit invited me to join to present on stakeholder engagement and alignment. Fairmarkit has pioneered high-volume tail spend sourcing (think ‘mid tail’ rather than just ‘tip of the tail’) in its go-to-market approach towards guided sourcing and autonomous sourcing. It has also recently announced a partnership with Amazon Business to support RFx/bid automation for SKU-based items going out to the B2B marketplace (Amazon