February, 2024

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Supply Chain Predictions for 2024

All Things Supply Chain

2023 was a whirlwind year for the supply chain industry.

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14 Reasons Why Procurement Shouldn’t be in Charge of Valentines Day

Procurement Templates

Happy Valentines day, here is some procurement satire for February the 14th! Lack of Emotional Sensitivity: Procurement departments are typically focused on logistics, cost-effectiveness, and efficiency, which may not align with the emotional nuances and sentimentality of Valentine’s Day. Limited Creativity: Procurement professionals are trained to streamline processes and optimize resources, but they may lack the creativity needed to plan and execute romantic gestures and surprises effect

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Smart Talks with Malcolm Gladwell + Sheri Hinish: The Future of Supply Chain, Building Sustainable and Transparent Businesses

Supply Chain Queen

Sustainable supply chains are good for the planet and good for business. In this episode of Smart Talks with IBM, Malcolm Gladwell takes on this topic with Tim Harford, host of Cautionary Tales, and guest Sheri Hinish, IBM’s Global Sustainability Services Leader and Offering Leader for Sustainable Supply Chain, known as the “supply-chain queen.” They.

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Real stories – The rusted swimming pool roof

ABC of Procurement

In procurement sometimes we get in trouble while working exaclty on the specification. here is one case The post Real stories – The rusted swimming pool roof first appeared on ABC of Procurement.

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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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How Supply Chain Organizations are Leveraging Data Analytics to Improve Risk Management

Supply Chain Brain

Supply chain organizations that prioritize safety and risk management through data analytics, telematics, and newer equipment position themselves as competitive leaders.

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What’s behind UPS losing volume from top customers?

Supply Chain Dive

Amazon making more deliveries in house, shifts to other carriers and buy online, pick up in store initiatives contributed to the company's Q4 volume decline.

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Harnessing Neuroplasticity

Procurement Templates

How can Neuroplasticity help procurement professionals? It helps those who might think this is who I am, the way I think can’t be changed its innate, my thought process, my beliefs and I can’t or don’t want to change. However, there are times where being stuck with our own version of the truth with no divergence for alternative ways of thinking is too singular and too restrictive.

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The Rising Influence of Women in Supply Chain: Zero 100 Podcast Collaboration

Supply Chain Queen

The landscape of supply chain leadership is undergoing a profound transformation, with women increasingly taking the helm with influence in reshaping the industry’s future. In a recent enlightening discussion on Zero100’s podcast, three pioneering women in supply chain shared their experiences and visions for the future. Leadership That Breaks Boundaries The conversation brought together an.

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CPO Crunch: Just add R&D

Procurement Leaders

A few weeks ago, a LinkedIn post from one of our members provided a tantalising and hopeful glimpse into the future. This might be a bold claim but when Amanda Davies, Chief Procurement & Sustainability Officer at Mars Wrigley, announced that she was adding R&D to her remit to become Chief R&D, Procurement & Sustainability Officer, it provided a welcome reminder of the opportunity we have as a function.

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Three Critical Steps Toward Mastering Total Inventory Optimization in 2024

Supply Chain Brain

Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side.

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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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UPS to cut sorting shifts in New York, Rhode Island and Virginia

Supply Chain Dive

The looming closures add to layoffs the delivery giant is making at facilities in at least five other states.

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Localizing Production: Exploring Reshoring Trends in Supply Chains

All Things Supply Chain

The global supply chain landscape is experiencing a significant shift, with more and more companies looking to bring production and manufacturing activities closer to home.

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Organisation Design

Procurement Templates

Tender Specification for Organization Design Services 1. Introduction: [Your organization’s name] is seeking proposals from experienced and qualified organization design consultants or firms to provide comprehensive organization design services. The purpose of this tender is to select a vendor who can assist [your organization] in developing and implementing an effective organizational structure that aligns with its strategic objectives. 2.

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The Future of Work in Supply Chain, Exponential Technology, AI, and Chat GPT with Dr. Yossi Sheffi (MIT, Author)

Supply Chain Queen

In Episode 77, Dr. Yossi Sheffi, iconic thought leader and professor at MIT, innovator, and author of a new book ‘ The Magic Conveyor Belt’ chats with host Sheri Hinish about the future of supply chain including the people, exponential technology, and disruptive themes that will shape the future of the profession. This book offers.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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CPO Crunch: The procurement culture club

Procurement Leaders

The well-worn adage of culture eating strategy for breakfast has been around a few years. Attributed decades ago to one of the gurus of modern business philosophy, Peter Drucker, it’s a motto that argues that even the shiniest, most creative plans are worthless unless people feel empowered. Drucker’s principles underpin the approaches of just as many CEOs and business leaders today as they did when he first floated his ideas in the mid to late 20th century.

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How 3D Printing Will Change Supply Chains and Improve Sustainability

Supply Chain Brain

As the technology has advanced and become more available, 3D printing is expected to become an integral part of many industries’ operations and could ultimately help companies achieve sustainability goals.

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UPS plans layoffs at facilities in California, Ohio and Pennsylvania

Supply Chain Dive

Two sortation shift cuts, along with the closure of a trailer shop, add to reductions the company is making in at least eight other states.

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The Role of Customized Packaging and Labeling in Building Brand Identity for Your Retail Business

All Things Supply Chain

Marketing is the art of the four “Ps”: Product, promotion, pricing, and placing. Another overlooked “P” falls under the umbrella of “Product”: Packaging.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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Catering Tender

Procurement Templates

Catering Tender When responsible for the Catering Contract- what do you need to know? Here is an overview of the key must-know items in my catering buyers guide. Key areas for consideration • the retention of discounts and the legal relationship between manufacturer/wholesaler, contract and the client; • VAT accounting for free or internal issues; • the status of the contract caterer as agent or principal or both within the same contract; • the value of the management service; • fixed pricing, p

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The Sustainability Imperative: Zero Waste, Zero Inequality, Zero Carbon Emissions with Tom Raftery

Supply Chain Queen

Happy Earth Day 22! In episode 70, host Sheri Hinish (SupplyChainQueen) joins Chief Evangelist Tom Raftery (Sustainable Supply Chain podcast host) for an EARTH WEEK discussion that zeros in on the Sustainability Imperative across climate, social equity, and responsible business. Key topics include: The world is changing – the global economy is about to become.

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CPO Crunch: It’s not easy being green

Procurement Leaders

If you live in the UK or keep on top of the British news agenda, you may have seen a story over the past few days concerning a political party announcing a U-turn on its signature green investment policy. What was said? Sir Keir Starmer, leader of opposition Labour party, announced that its flagship £28bn/year green investment pledge would be reduced to £15bn/year, of which only £5bn would be new money.

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Why We Shouldn’t Resist P2P Process Automation

ProcurePort

In today’s business world, time is crucial and competition is fierce. Being efficient is not just an advantage, it’s necessary for survival. Organizations, big and small, try to navigate through complex situations, improve processes, cut costs, and maximize their employees’ abilities. Innovation and evolution create Procure-to-Pay process automation.

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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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IoT in the Supply Chain: Why Do We Need It?

Supply Chain Brain

Manufacturers looking to deploy IoT in that time should partner with specialists to help them deliver their vision.

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Warehouse rents poised to keep climbing after record 2023

Supply Chain Dive

Lease rates jumped more than 20% to reach $9.72 per square foot last year, according to data from Colliers.

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Working in Saudi Arabia

Procurement Templates

So, you’ve probably heard of the visionary architectural Neom Project. But what is it like to work in a country like Saudi Arabia? Saudi Arabia stands as a dynamic economic force in the Middle East, driven by its oil-rich resources and strategic investments in diversified sectors. Its Vision 2030 initiative reflects a commitment to economic transformation and diversification, creating a myriad of opportunities for both local and expatriate professionals.

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Sustainable Supply Chains + Net-Zero Deforestation, Responsible Commodity Sourcing and Risk Management with Gen Z for the Trees (RainforestPartnership.org)

Supply Chain Queen

Sustainable supply chains can address the key drivers of forest and biodiversity loss in the agriculture and forestry sectors, fueling biodiversity conservation and responsible sourcing of commodities like palm oil, soy, timber, and much more. Episode 71 introduces Gen Z for the Trees, a powerful youth movement aiming for net zero deforestation by 2030 using.

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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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CPO Crunch: Averting crises and improving your CEO’s state of mind

Procurement Leaders

It can be draining just reading about the chaos brought about by global risks that continue to hit the headlines; from Houthi Rebel strikes in the Red Sea to ongoing speculation about Chinese intentions towards Taiwan, to the potential fallout from “the year of elections”. That said, being on the sharp end of having to respond to some of these events is a different matter entirely, and it’s a situation that many in the Procurement Leaders community find themselves in constantly.

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5G and Supply Chain Connectivity: Enhancing Logistics in the Digital Age

SCMR (Supply Chain Management Review)

Converting existing networks to 5G technology gives supply chains new opportunities to improve speed, accuracy and overall customer service.

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Study Reveals Gap in AI Adoption and Sustainability Goals in Logistics Industry

Supply Chain Brain

Further, despite the global emphasis on sustainable practices, the study reveals low prioritization of sustainability among logistics companies.

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As Macy’s and others close stores, TJX is picking up the supplier base

Supply Chain Dive

With big brand brick-and-mortar options dwindling, the off-brand retailer’s 21,000 vendors are increasingly looking to the company.

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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