Wed.May 22, 2024

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Supply Chain Sustainability: It Comes Down to the Data

Supply Chain Brain

When it comes to environmental impact, the supply chain has a visibility problem — and not just between external partners.

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A practitioner’s view of AI in procurement – Are we there yet?

Spend Matters

Spend Matters is researching the personal viewpoints and the practical application of AI among leaders in the procurement profession. We are welcoming both opinion and real-life use cases from senior procurement and supply practitioners to bring genuine first-hand insights to like-minded procurement professionals. If you would like to join the dialog please reach out to us or submit your points of view or observations here.

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Four Cybersecurity Moves Every Manufacturer Can Make

Supply Chain Brain

Supply chain attacks have become increasingly sophisticated, and manufacturing stakeholders should prepare for the cyber threats that are most likely to impact their operations.

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Delivery carrier SpeedX pursues growth with zone-skipping service

Supply Chain Dive

The company expects to triple or quadruple its volumes this year as it competes with the likes of FedEx and UPS.

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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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Report: As E-Commerce Surges, Merchants Need to Fortify Supply Chains

Supply Chain Brain

Over the last year, 73% or merchants saw impacts to their businesses from international shipping problems such as delays, damaged products or theft.

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J&J Snack Foods opens third distribution center in supply chain overhaul

Supply Chain Dive

The food manufacturer is shipping 81% of its sales orders from its new network, compared to just 26% a year ago, according to its CEO.

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Episode 166: Cutting Edge Strategies in Tier 1 Retail with Eric Linxwiler

Una

EPISODE 166 Cutting Edge Strategies in Tier 1 Retail with Eric Linxwiler By Kelly Barner | May 22, 2024 Every single day, successful retailers overcome challenges that few other industries will ever have to face. Complex supply chains, uncertain demand, and – increasingly – regulations that not only force them to consider the big picture but also vary by geography.

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Port of Seattle Starts Work on 'Self-Sustaining' Maritime Innovation Center

Supply Chain Brain

The renovated building will house 15,000 square feet of new work spaces, as well as areas that can be reserved for meetings, seminars, and classes.

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Total Cost of Ownership (TCO): Definition, Components, and Examples

Pipefy

A brief introduction to total cost of ownership (TCO) Total cost of ownership refers to all of the expenses that are incurred when purchasing, implementing, deploying, maintaining, and using a product, tool, or equipment. This also includes any time costs associated with downtime, training, or other productivity losses. This total cost of ownership, also known as actual cost, quantifies the entire lifecycle of a product and helps determine or assign a more accurate picture of not only the cost,

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Watch: A Double Challenge to Warehouses: Not Enough Labor, and a Need for Speed

Supply Chain Brain

Monty McVaugh, head of products with Opex Corporation, tackles two major challenges in the warehouse today: the chronic labor shortage, and demand by customers for ever-faster order fulfillment.

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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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What Is Process Governance? Models, Benefits, and How to Implement

Pipefy

Business processes help ensure organizations perform tasks correctly, while also creating a consistent user experience. However, team members must adhere to those processes to realize these advantages. Building and documenting efficient workflows is only the first step in optimizing operations, as organizations must also manage and control these processes.

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U.S. Administration Unveils Steps to Protect Workers from Risks of AI

Supply Chain Brain

The Administration said these principles should be considered during the whole lifecycle of AI – from design to development, testing, training, deployment and use, oversight, and auditing.

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Doing More with Less in Procurement

Una

Doing More With Less in Procurement Five ways Sourcing Heroes can come out on top when they’re constantly being asked to do more with less in procurement. By Hugo Britt | May 23, 2024 Search Search Would you be able to generate more output in your procurement team if you were forced to work with less? Definitely – if you have the help of a GPO.

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Container Service at Port of Portland Saved Following Threat of Shutdown

Supply Chain Brain

Ending container service at the Port of Portland would have made Oregon the only coastal state in the U.S. without a container terminal.

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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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Support Paper: ESG Health Check

Barkers Procurement

This Support Paper “ESG Health Check” is free to download! Download Now What Is an ESG/Digital Health Check? At Barkers our ESG Health Check concentrates on the activity within your supply chain. Assessing your supply chain performance is strategically important for your organisation as studies show that the majority (80%) of emissions and ESG risk lies in a business’ supply chain.

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NEW WEBINAR: CPO Rising 2024: State of Procurement

CPO Rising

Join Ardent Partners and Supplier.io on May 30th (2 PM ET) for a webcast on CPO Rising 2024: State of Procurement. Don’t miss the worldwide premiere of major findings from Ardent Partners’ 19th annual CPO Rising 2024: State of Procurement research.

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Like Water For Pringles And The Right Number Of Crunches

Procurement Insights

EDITOR’S NOTE: I have had the good fortune of getting an advanced copy of a book that will be released to the public over the next few weeks. The title of the book is From Baghdad To Toronto: A Journey Of Values by one of the country’s top business executives. As I turned each page in my cover-to-cover read, I found myself energized by the rich insights—business gold, if you will—from someone whose family business and values go back 700 years.

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Procurement News — May 22, 2024

CPO Rising

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with your news story here. Procurement Executive News Papa John’s Promotes Kurt Milburn to CSCO ATLANTA — Papa John’s International, Inc.

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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.