Thu.Sep 26, 2024

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Developing and Deploying Digital Empathy

Art of Procurement

I pre-interview about a dozen people each month for all of the podcasts produced by Art of Procurement. One thing. The post Developing and Deploying Digital Empathy appeared first on Art of Procurement.

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E-commerce Expert Insights: Q4 2024

Finale Inventory

The upcoming Q4 holiday shopping season is set to be one of the most lucrative a nd unpredictable yet. With a perfect storm of factors in play—ranging from shifting consumer habits and economic pressures to supply chain hiccups—this season will be anything but predictable. For e-commerce sellers, it’s not just about riding the holiday wave, but preparing for some unexpected twists and turns along the way.

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USMX files labor charge against dockworkers union

Supply Chain Dive

The International Longshoremen’s Association has refused to continue negotiations, the United States Maritime Alliance said in a statement Wednesday.

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Defining the terms of risk management

Spend Matters

In business, potential risk lurks everywhere, and procurement professionals need to be aware of what is out there. However, even a dip into the risks procurement professionals face can leave readers drowning in a sea of terms, definitions and acronyms. To help those still orienting themselves to the landscape of risk, we’ve broken down the main terms used to describe the various aspects of managing risk.

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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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Italy Opens Probe into 'Misleading' Sustainability Claims on Shein's Website

Supply Chain Brain

The probe from the AGCM — Italy's antitrust watchdog agency — will focus on the Dublin-based company that operates Shein's website and app.

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Customer-focused AR collections: Balancing payment recovery and client trust

Spend Matters

This content does not express the views or opinions of Spend Matters In today’s hyper-competitive landscape, customer experience is the silent force that can either propel a business forward or pull it under. Nowhere is this more evident than in accounts receivable (AR) collections, where the balance between managing unpaid debts and maintaining strong customer relationships is delicate but crucial.

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A new series on Risk Management for procurement professionals

Spend Matters

For this year’s Spend Matters Fall 2024 SolutionMap release – our comprehensive methodology designed to help organizations evaluate and select procurement solutions – we launched a new module: third-party (and supply chain) risk management (TPRM and SCRM). This module is a data-backed granular view of risk management solution providers and their capabilities (including suites, supplier-management–centric, and TPRM and SCRM specialists).

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Supply Chain Leaders Confident in Resilience Against Future Disruptions

Supply Chain Brain

Managers are also looking to reduce their risk by diversifying their supply chains, with nearly 70% planning to develop new relationships with alternative suppliers.

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Hurricane Helene: FedEx, US Postal Service halt some Florida deliveries

Supply Chain Dive

The carriers reported disruptions Thursday in the Tampa Bay area as the hurricane advances along Florida's western coastline.

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U.S. Big-Truck Charging Has Private Money’s Attention

Supply Chain Brain

Hundreds of millions of dollars in federal and state grants have helped spur an influx of spending to develop EV chargers for the heaviest U.S. trucks.

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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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Kraft Heinz brings procurement expertise to Rise Against Hunger

Supply Chain Dive

The manufacturer is leveraging its logistics partnerships to help the nonprofit bring food to communities in need across Europe.

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An Industry Veteran Poses A Tough Question About The Future Of AI

Procurement Insights

Tom Craig – Finance took enterprise ERP and made it an accounting tool. And limiting how much and what used. It meant companies wasting money on the unused part they paid for. Will they limit AI the same way? Jon W. Hansen EDITOR’S NOTE: Take a few moments to access Tom’s original LinkedIn post and join the discussion stream by sharing your thoughts.

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65% of CFOs are under pressure to accelerate ROI from tech investments

Supply Chain Dive

Leadership’s patience around getting returns on tech investments is thinning, according to new data from IBM.

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How To Prove Training Impact And Measure Training Outcomes

Skill Dynamics

So you’ve invested in your workforce, you’ve introduced training and development plans , but now you want to know exactly how effective these initiatives really are… Training and development is so important in the modern supply chain and procurement industry, but being able to measure and show the results of it is just as vital. Whether you’re trying to generate buy-in from leadership, or convince more employees to get involved, measuring the impact of training is a key step in the employee deve

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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What Are The Three Solution Provider Demo Categories

Procurement Insights

“There are companies that will give you a demo, and even let you ask questions and request specific actions during the said demo, Jon W. Hansen. Obviously not as many as one would like, however it is a sure sign of the readiness of the product proposed.” – Dr. Thierry Fausten, LinkedIn Comment Sept. 26, 2024 Dr. Thierry Fausten , the demos do not have to be perfect, but they do have to “demonstrate” a clear agent-based understanding and show a clear path to the prog

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The Essential Guide to Effective Procurement Training Programs

Skill Dynamics

On the surface, businesses invest in training programs to improve the skillset of their employees and enhance team performance. However, the effectiveness of these training programs relies on a lot of factors, many of which are overlooked. Whether it is creating tailored learning plans that tackle individual, unique skillsets or measuring ROI with a specific set of metrics, let’s deep dive into what makes a procurement training program drive team efficiency and achieve organizational objec

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USMX Files Labor Claim in Bid to Force Port Union Back to Bargaining Table

Supply Chain Brain

The ILA halted negotiations with the USMX in June, after discovering that a handful of ports were using automated systems to check in trucks.

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DHL Supply Chain trims Pennsylvania warehouse network

Supply Chain Dive

The closure will impact nearly 270 employees, with layoffs starting Nov. 10.

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The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.

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USMX Files Labor Claim Against ILA in Bid to Force Union Back to Bargaining Table

Supply Chain Brain

The ILA halted negotiations with the USMX in June, after discovering that a handful of ports were using automated systems to check in trucks.

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Procurement has become a thriller with three intertwining plots

Jaggaer

Overcoming Procurement Challenges: Cost, Resilience, and Sustainability If you’re a CPO (or other procurement leader) you are like the protagonist in a thriller that has not one but three exciting plotlines. Philip Marlowe, Sam Spade and even Sherlock Holmes himself would have trouble disentangling this drama and revealing the solution in the final scene!

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In the VUCA Era, It's All About Trade-Offs

Supply Chain Brain

Navigating the growing complexities of today’s supply chain requires a dynamic approach that focuses on trade-offs, rather than perfection.

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Podcast | Walmart’s Strategy for Boosting Supply Chain Resilience

Supply Chain Brain

How does the world’s largest retailer protect itself against a slew of supply chain disruptions?

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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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Honeywell CW45 Wearable Mobile Computer

Supply Chain Brain

CW45, wearable scanner. Improves worker satisfaction, productivity and warehouse agility.

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