Tue.Jul 16, 2024

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Latest research – AI-powered procurement: Decode, deploy, deliver

Procurement Leaders

In partnership with Ivalua: CPOs must be prepared to pilot at pace, fail and learn from their mistakes to accelerate the adoption of AI and capture the full value that the technology offers

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Port of Long Beach awarded nearly $8M to improve visibility platform

Supply Chain Dive

The Supply Chain Information Highway’s next phase of development will include additional rail cargo and export visibility, among other features.

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My emails to two solution providers

Procurement Insights

Email No. 1 Hello, ABC Solution Provider. I had a productive call with the prospective client practitioner this morning. After providing them with added industry insight regarding competitors in the market and understanding their decision-making process, here is what I know: Their priorities regarding a solution provider – feet on the ground presence regionally is important.

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Academy Sports and Outdoors targets enhanced distribution performance

Supply Chain Dive

The retailer’s implementation of a new warehouse management system is a key component of its efforts to bolster its omnichannel capabilities.

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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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Senate Probe Says Amazon Prime Day Leads to Flood of Injuries in Warehouses

Supply Chain Brain

The Senate committee's investigation found that there were 45 injuries for every 100 workers over the course of Prime Day 2019.

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GM Shareholders Reject Proposal to Evaluate Child Labor Practices

Supply Chain Brain

GM's board of directors asserted that the company's policies already reflect a "zero-tolerance" approach to child labor.

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Barnes & Noble names new head of supply chain

Supply Chain Dive

Annette Danek-Akey will join the book publisher as chief supply chain officer starting in September.

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Chicago Area's First All-Water Container Route Brings 'Significant' Supply Chain Changes

Supply Chain Brain

The challenges posed by the narrow St. Lawrence Seaway have long stalled shipping traffic to the Chicago metropolitan area.

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Streamlining Inventory Cycle Counts: Methods and Implementation | Ecommerce

Finale Inventory

In ecommerce, managing inventory efficiently is key to the success of any business. One important aspect of inventory management is conducting regular cycle counts. By regularly auditing and reconciling physical inventory with recorded quantities, businesses can ensure accurate stock levels and avoid costly errors. This article will examine various methods and implementation strategies for streamlining inventory cycle counts.

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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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Watch: Outsourcing or Insourcing: The Big Debate

Supply Chain Brain

There’s no one-size-fits-all strategy when determining whether to outsource or insource manufacturing operations, says Sam New, director analyst at Gartner.

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What Is Backflushing? Understanding Processes, Definitions, and Benefits | Ecommerce

Finale Inventory

Backflushing is an important concept in ecommerce. It refers to a specific inventory management process that can streamline operations, save time, and improve efficiency. This article examines the intricacies of backflushing, covering its definition, role in ecommerce, processes, benefits, common misconceptions, and how to implement it in your own business.

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Singapore’s Port Congestion Is Showing Signs of Abating

Supply Chain Brain

June figures were down in part due to some vessel owners opting to unload or refuel at Malaysian ports to avoid delays.

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Warehouse Layout Design: Creating Efficient Spaces with Practical Examples | Ecommerce

Finale Inventory

When it comes to ecommerce, the efficiency of a warehouse is vital in meeting customer demands and maintaining profitable operations. A well-designed warehouse layout maximizes space utilization and enhances workflow efficiency. This article will cover the importance of warehouse layout design, key factors influencing it, steps involved in creating an efficient layout, common challenges, and future trends.

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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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Shaping Sustainable Futures – Key Learnings

Barkers Procurement

Three Graduate Consultants at Barkers attended a sustainability course spread across three days in early 2024 with the University of Liverpool Management School , alongside other professionals from varying backgrounds and business landscapes. The course was broken down into smaller, more specific areas of sustainability with talks delivered by Subject Matter Experts.

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Calculating Retail Price: A Formulaic Approach | Ecommerce

Finale Inventory

In ecommerce, setting the right retail price is a key step toward a successful business. It requires careful consideration of various factors to ensure profitability and competitiveness. This article covers the formulaic approach to calculating retail price and discusses key terms, components, and strategies that can help you make informed pricing decisions.

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Using Data to Deliver Consistent Omnichannel Experiences for Consumers

Supply Chain Brain

For retailers that are working to meet consumers’ ever-changing demands, the first and most important question to ask is: are our data practices where they need to be?

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How Small Businesses Can Use Contract Analytics To Drive Growth

ContractSafe

Contract analytics transforms your agreements into strategic assets, streamlining operations and giving your small business the tools it needs to scale.

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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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Entrepreneurial Procurement: Why we need a business owner mindset

The Procuretech Podcast

This week on The Procurement Software Podcast, host James Meads dives into the world of entrepreneurial procurement. Tune in to discover how this approach encourages innovation, efficiency, and greater value delivery, transforming the procurement function into a strategic driver within organisations. Entrepreneurial Procurement: Pragmatism over Rigid Process In this episode, we explore adopting an entrepreneurial mindset in procurement, focusing on prioritising results over rigid processes.

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Inventory Management Techniques: 17 Effective Strategies for 2024 | Ecommerce

Finale Inventory

Inventory management is a key aspect of running a successful ecommerce business. Effective management of your inventory can lead to increased efficiency, reduced costs, and improved customer satisfaction. This article will cover 17 effective strategies for inventory management in 2024 that are specifically tailored to the needs of ecommerce businesses.