June, 2024

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Satellite Technology & Agriculture: Transforming Supply Chain Management

All Things Supply Chain

Remote sensing has become essential across various industries, notably revolutionizing logistics and supply chain management.

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Procurement and ESG Goals

ABC of Procurement

ESG (Environmental, Social and Governance) goals are currently a hot topic in all business discussions. But what is the role of Procurement here? The post Procurement and ESG Goals first appeared on ABC of Procurement.

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Ultimate Endless Real Estate Costs at Red Lobster

Art of Procurement

Red Lobster is the largest seafood chain in the United States. It buys 20 percent of North American lobster tails. The post Ultimate Endless Real Estate Costs at Red Lobster appeared first on Art of Procurement.

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Insource or outsource fulfillment? Companies weigh cost vs. control

Supply Chain Dive

Business size, growth trajectory, distribution costs and customer service needs are among the top factors to consider, experts say.

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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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Walmart Rolls Out Hydrogen Semi-Trucks For Retail Fleet in Canada

Supply Chain Brain

According to the company, Walmart is the first major retailer in Canada to use hydrogen fuel cell semi-trucks in their delivery fleets.

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CPO Crunch: Measure your success in succession

Procurement Leaders

A couple of weeks ago I had a conversation with a CPO who, not long before, had handed in his resignation having secured a new role at different organisation. Naturally, he was looking forward to the challenge ahead. After discussing how the new role might differ from his current post (less mature, new region, different culture…) talk turned naturally to who his successor might be.

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What is a Service Credit

Procurement Templates

A service credit is a payment for a non performance by a supplier. It’s normally measured using a KPI. Context and Usage The hierarchy is an SLA, then the KPI’s and then service credits. Here’s a breakdown of what this entails: Service Level Agreements (SLAs) : A service credit will typically be part of the SLA and sits alongside the KPI’s.

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Uyghur Forced Labor Prevention Act: Progress or Setback?

Art of Procurement

The Uyghur Forced Labor Prevention Act, or UFLPA, was passed to protect an ethnically Turkish, predominantly Muslim minority living in. The post Uyghur Forced Labor Prevention Act: Progress or Setback? appeared first on Art of Procurement.

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Canada border disruption? What shippers should know on possible strike

Supply Chain Dive

If no deal is reached shippers can expect lengthy delays in moving freight on trucks between the U.S. and Canada as soon as Thursday.

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The Trillion-Dollar Problem for Retailers: Not Having Clean Data

Supply Chain Brain

A study by the IHL Group found that retailers miss out on nearly $1 trillion in sales per year because of out-of-stock items.

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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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The death of category management?

Procurement Leaders

A couple of weeks ago, Procurement Leaders held a CPO Connect Call entitled “the death of category management” It was well attended – as one might expect, given the emotive title – with great discussion and debate about what the future might hold for the process. Many of my conversations with CPOs over recent months have focused on the core procurement process, procurement operating models and how change is required to help manage a new landscape.

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Circular Economy Approaches to Disposable Food Packaging: Closing the Loop in the Supply Chain

All Things Supply Chain

Critics of cradle-to-grave sustainability efforts have long hoped for simple, and easier alternatives when it comes to food packaging. Fortunately, the circular economy offers the perfect solution.

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Preventing payment fraud: Strategies for financial protection

Spend Matters

This content does not express the views or opinions of Spend Matters. As the digital landscape expands, the convenience of online transactions is shadowed by the increasing prevalence of payment fraud, paired with the traditional risk of fraudulent paper checks. With scams ranging from duplicate billing to false vendor invoices and overcharging, businesses face significant risks that can impact their financial integrity.

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Transform Your Supply Chain: The SCMDOJO Training Track

SCMDOJO

The global economy runs on efficient supply chains. But with ever-increasing complexity, skilled professionals are more in demand than ever. The SCMDOJO Supply Chain Track offers a comprehensive supply chain training program to equip you with the knowledge and skills to excel in this dynamic field. It’s your one-stop shop for a complete supply chain management pathway.

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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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The Port of Baltimore is reopened from the bridge collapse. How much cargo will return?

Supply Chain Dive

With wreckage from the Francis Scott Key Bridge collapse removed, leaders are bullish on the port’s ability to retain customers.

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Are We Seeing an End to the Age of Offshore Production?

Supply Chain Brain

A new report from Capgemini suggests that, for U.S. manufacturers, the dominance of offshore production is coming to an end.

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Latest research – Beyond centre-led: The future of procurement operating models

Procurement Leaders

In association with SpendHQ: Discover how functional structures are evolving in response to changing demands and their own particular circumstances

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6 Ways Logistics Optimization Is Shaping Used Car Dealerships’ Success

All Things Supply Chain

Logistics, often the unsung hero of automotive commerce, is decisively shaping how used car dealerships operate and prosper. Smart inventory management isn’t just a tactic; it’s an operational transformation.

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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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GEP: Vendor Analysis (Part 1) — S2C solution overview, company background, platform and services overview, modules overview, and roadmap

Spend Matters

In today’s fast-paced business environment, procurement professionals face many challenges, from managing supplier relationships to mitigating risks and controlling costs. To address these challenges, many organizations turn to source-to-pay (S2P) suites because they include a comprehensive suite of tools designed to optimize processes and enhance cross-functional collaboration.

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Never Split The Difference Review

Procurement Templates

There are always lots of negotiation books to read and I think I had head of the book called Never Split The Difference but I never bought it until something made me buy the book. It started with my googling my own web page Black Swan , I was thinking what’s my page ranking and how are my ads looking, instead of finding my web page I found an article written by The Black Swan Limited.

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USPS says consolidator changes won’t hurt service. Stakeholders aren’t sold.

Supply Chain Dive

There could be "devastating" impacts to delivery reliability if the Postal Service isn't prepared, the Association for Postal Commerce said.

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Celebrating the Barcode’s Golden Jubilee

Supply Chain Brain

It's been 50 years since the first retail item was scanned with a Universal Product Code (UPC) barcode at checkout.

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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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CPO Crunch: The 1% Club

Procurement Leaders

Just 1% of respondents to a poll Procurement Leaders conducted at the World Procurement Congress said they have “excellent” multi-tier visibility of the supply base. This is surprising. Not because 1% represents such a modest number, but because 1% is actually rather encouraging. In real terms, this translates to three of those who responded to our poll claiming they had “cracked the code” of supply chain transparency.

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Mastering Strategic Purchasing Tips for Business Success

Procurement Freelancers

Today’s business is highly charged. Strategic purchasing has emerged as a key factor. It defines… The post Mastering Strategic Purchasing Tips for Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.

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Intake and Orchestration in procurement: How do the solution providers define its role? – Opstream

Spend Matters

Spend Matters chose Intake and Orchestration as its main research theme for this quarter because we believe it is the fastest-growing procurement tech market segment today. If you’d like to understand more about what intake management and orchestration mean for procurement, read our Guide to Intake and Orchestration here. As part of our research we are conducting analyst-led analysis / thought leadership , solution provider deep-dive analyses , webinars and interviews with both the practitioners

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Former Pioneer Oil CEO Scott Sheffield – Colluder or Scapegoat?

Art of Procurement

In 2019, Pioneer Natural Resources, an independent shale oil producer in West Texas, was worth $24 Billion. Their CEO, Scott. The post Former Pioneer Oil CEO Scott Sheffield – Colluder or Scapegoat? appeared first on Art of Procurement.

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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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Sriracha shortage: Supply chain woes strike Huy Fong Foods again

Supply Chain Dive

The popular hot-sauce maker has notified wholesalers of a production halt that will last for months, citing issues with the chile crop this year.

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Transforming Supply Chains and Warehousing in the Modern Era

Supply Chain Brain

In the wake of the COVID-19 pandemic, and with the resulting surge in e-commerce, demands on warehousing are growing like never before.

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CPO Crunch: Operating models evolve

Procurement Leaders

Operating models can be complex beasts. The traditional conundrum for CPOs has focused on whether to adopt full centralisation, to manage a decentralised environment or to sit on the fence and go down the middle with a hybrid route. The benefits of the former are full compliance and spend leverage, the trade-offs are seen in functional agility, speed to market, and local-market knowledge and diversification.

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Procurement Training Reimagined: SCMDOJO Launches Procurement Track

SCMDOJO

Do you dream of confidently navigating the ever-changing procurement world, not confused with what procurement training to opt for? Are you ready to ditch the “cost-cutter” label and become a strategic mastermind? The SCMDOJO Procurement Track isn’t just another training program – it’s your key to unlocking a commanding presence in the field.

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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