Mon.Oct 07, 2024

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Labor shortage and its impact on the supply chain

All Things Supply Chain

Imagine a bustling port, filled with cargo containers waiting to be loaded and shipped across the world. But instead of swift, efficient movement, operations have slowed to a crawl. Why?

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How Gilead segments suppliers for Scope 3 greenhouse gas emissions

Procurement Leaders

Challenge Pharmaceutical company Gilead has a well-established supplier emissions-reduction programme and science-based targets, but aims to increase its use of primary data – especially among suppliers it considers most critically important. While some of those vendors already have programmes in place, others need more support and encouragement. The Foster City, California-headquartered business has devised a segmentation model to ensure that engagement is focused where it will have the greates

Suppliers 130
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Why Inventory Management Isn't Just for Christmas

Supply Chain Brain

If you’ve built up a reputation throughout the year for delivering on convenience, you will stand a much stronger chance of winning in the upcoming "golden quarter.

Inventory 115
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CPO Crunch: The future’s bright

Procurement Leaders

I’m sure USAA CPO Russ Major (pictured above) won’t mind me sharing how excited he is about the future. We were speaking at Procurement Leaders’ Tomorrow’s Procurement Leader event in Austin, Texas, following his speech about the impact of his ongoing transformation at the $42bn-revenue insurance and banking group that serves current and former members of the US armed forces.

Data 130
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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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Data: The backbone of the modern supply chain

Supply Chain Dive

Discover how high-quality data powers the modern supply chain, enabling advanced technologies and fostering seamless collaboration.

Data 127
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Ivalua: Vendor Analysis (Part 2) — P2P solution product-level strengths and opportunities, competitors and market analysis, voice of the customer, user considerations, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Ivalua’s P2P solution. We will also look at the voice of the customer and the elements to consider when looking at Ivalua as a potential solution provider. Part 1 of the series provided a history and overview of Ivalua’s P2P solution as well as Ivalua’s roadmap/vision.

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Spend Matters reveals the ‘50 Providers to Know,’ ‘50 Providers to Watch,’ ‘Future 5’ start-ups and ‘Hall of Fame’ lists for 2024

Spend Matters

After 12 months of intense assessment and debate, Spend Matters is delighted to release the 2024 ‘ 50 Procurement Providers to Know ’ and ‘ 50 Procurement Providers to Watch ’ lists. This year celebrates 11 consecutive years of these lists, released in conjunction with the sixth year of recognizing five innovative procurement tech startups — the Future 5 — and the newly launched Hall of Fame.

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Amazon wants to hire 250K for the holidays again

Supply Chain Dive

For the second consecutive year, the company is planning a major round of hiring to sustain its fulfillment and transportation operations during its busiest quarter.

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Ivalua: Vendor Analysis (Part 1) — P2P solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

Procurement technology has evolved tremendously over the past five years and among the many S2P platforms that truly deserve recognition, Ivalua’s solution stands out as a top contender. As an analyst, I’m witnessing rapid technology advances, which lead me to a vision of a future where procurement operations are as seamless and intuitive as managing a highly automated network.

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Walmart automates supply chain facilities in Arizona, Arkansas

Supply Chain Dive

The retail giant is equipping the regional distribution centers with technology in a bid to double productivity.

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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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Webinar — Unmasking the tricks behind the 50/50 lists

Spend Matters

Join the Spend Matters Analyst Team on October 31 at 10:30 EST as they host “ Unmasking Procurement Excellence: A look at the 2024 Spend Matters 50/50 Lists ,” a webinar covering this year’s 50 to Watch, 50 to Know and Future 5 lists. Each year, the Spend Matters analysts spend months whittling down the hundreds of procurement solutions they have seen and demoed over the year into these three lists.

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LNG Ships Divert to Europe to Tap Into Higher Prices

Supply Chain Brain

The diversions come as European futures jumped on concerns about increased risk to supplies in the Middle East, just as the heating season gets under way.

Price 97
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Is it time for practitioners to build their “own” ProcureTech solutions?

Procurement Insights

What’s old is new again. Given the high rate of GenAI ProcureTech implementation failures, I have been expecting that larger enterprises will start to repatriate the development of procurement and supply chain solutions in-house. I even wrote several articles going back a decade or so – the most recent one from 2023 is included later in this post.

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BIMCO and ICS Issue Guide to Help Maritime Industry Reduce Underwater Noise

Supply Chain Brain

The demand for action on underwater radiated noise from ships has significantly increased over the last few years, due to its negative effects on marine creatures and the environment.

Demand 90
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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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From waste to profit: How upcycling and re-commerce improve growth and the environment

Supply Chain Dive

By capturing and sharing product data throughout the supply chain, producers and consumers alike can make a difference.

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From Current Conundrums to Future Fantasies: AI and ML Transforming Supply Chain Planning

Supply Chain Brain

The current conundrum of supply chain planning is rooted in the tremendous complexity of end-to-end supply chain data.

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DCH Health System adds new supply chain VP

Supply Chain Dive

Rachel Anderson joined the Tuscaloosa, Alabama-based medical center company from another health care provider within the state.

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429: Women In Supply Chain™, Kameel Gaines

Let's Talk Supply Chain

 In today’s episode of Women In Supply Chain , I’m joined by passionate founder and CEO, Kameel Gaines. With more than 20 years of expertise in sales and recruiting, Kameel is a formidable presence in the trucker recruitment market and the CEO of Rig On Wheels Broker and Recruitment Services. A successful entrepreneur, Kameel is dedicated to transforming the trucking industry by advocating for diversity, equity, and inclusion.

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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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MRP vs ERP: Which is Best for Your Manufacturing Business?

SCMDOJO

Navigating the complexities of manufacturing operations often involves the crucial decision between MRP vs ERP systems. MRP (Material Requirements Planning) and ERP (Enterprise Resource Planning) systems are the most prominent contenders. While both aim to streamline operations and enhance efficiency, they cater to distinct needs within manufacturing organizations.

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Magnus Mondays — The Supplier Management Tech Series — Part 5: Supplier Innovation and Development

CPO Rising

Today, we are wrapping up our series on supplier management technology with an article on Supplier Innovation and Development (SI&D). This is an area with less attention from a technology-support… The post Magnus Mondays — The Supplier Management Tech Series — Part 5: Supplier Innovation and Development appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Cost Efficiency vs Cost Effectiveness: A Complete Guide

SCMDOJO

The Global Supply Chain is thriving with each passing day. Business profitability and customer satisfaction always go hand in hand. However, the game-changer is how Cost Efficiency and Cost Effectiveness play their role in the supply chain. The holistic approach requires that accentuates the role of Cost Efficiency vs Cost Effectiveness in every aspect of the supply chain, from planning, sourcing, and operations, to logistics and distribution.

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Kenya’s National Airline Seeks Some Control of Biggest Airport

Supply Chain Brain

By 2054, JKIA is expected to handle 32 million passengers and nearly one million tons of cargo, compared to 8.6 million passengers and 367,000 tons of cargo currently.

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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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How Sourcing Specialists Stay Ahead in Modern Procurement

Procurement Freelancers

In today’s fast-paced business environment, real-time supply systems have become indispensable, enabling companies to respond… The post How Sourcing Specialists Stay Ahead in Modern Procurement first appeared on Procurement Blog | Procurement & Supply Chain News.

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U.K Plans to Store Carbon Dioxide Under the Sea

Supply Chain Brain

The government said the plans would create 4,000 jobs and support 50,000 others.

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Recent McKinsey podcast periously continues to focus of the shiny paper that is GenerativeAI

Procurement Insights

A great friend and someone for who I have tremendous respect – David Loseby , shared the following link to a recent McKinsey At The Edge podcast with Lareina Yee talking with Stanford professor Erik Brynjolfsson about Generative AI focusing on the following three points: How gen AI differs from previous technological innovations Why it will likely augment more jobs than it replaces Why keeping humans in the loop is essential My Initial Take Continuing to focus typically on the shiny object