Satellite Technology & Agriculture: Transforming Supply Chain Management
All Things Supply Chain
JUNE 24, 2024
Remote sensing has become essential across various industries, notably revolutionizing logistics and supply chain management.
June, 2024
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Procurement and ESG Goals
ABC of Procurement
JUNE 22, 2024
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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Trending Sources
Canada border disruption? What shippers should know on possible strike
Supply Chain Dive
JUNE 4, 2024
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.
Ultimate Endless Real Estate Costs at Red Lobster
Art of Procurement
JUNE 27, 2024
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.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.
Walmart Rolls Out Hydrogen Semi-Trucks For Retail Fleet in Canada
Supply Chain Brain
JUNE 27, 2024
According to the company, Walmart is the first major retailer in Canada to use hydrogen fuel cell semi-trucks in their delivery fleets.
CPO Crunch: Measure your success in succession
Procurement Leaders
JUNE 24, 2024
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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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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What is a Service Credit
Procurement Templates
JUNE 4, 2024
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.
Insource or outsource fulfillment? Companies weigh cost vs. control
Supply Chain Dive
JUNE 14, 2024
Business size, growth trajectory, distribution costs and customer service needs are among the top factors to consider, experts say.
Uyghur Forced Labor Prevention Act: Progress or Setback?
Art of Procurement
JUNE 13, 2024
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.
The Trillion-Dollar Problem for Retailers: Not Having Clean Data
Supply Chain Brain
JUNE 5, 2024
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.
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?
The death of category management?
Procurement Leaders
JUNE 17, 2024
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.
Circular Economy Approaches to Disposable Food Packaging: Closing the Loop in the Supply Chain
All Things Supply Chain
JUNE 17, 2024
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.
Preventing payment fraud: Strategies for financial protection
Spend Matters
JUNE 20, 2024
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.
Sriracha shortage: Supply chain woes strike Huy Fong Foods again
Supply Chain Dive
JUNE 7, 2024
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.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
Advertiser: GEP
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.
Transform Your Supply Chain: The SCMDOJO Training Track
SCMDOJO
JUNE 14, 2024
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.
Are We Seeing an End to the Age of Offshore Production?
Supply Chain Brain
JUNE 2, 2024
A new report from Capgemini suggests that, for U.S. manufacturers, the dominance of offshore production is coming to an end.
Latest research – Beyond centre-led: The future of procurement operating models
Procurement Leaders
JUNE 7, 2024
In association with SpendHQ: Discover how functional structures are evolving in response to changing demands and their own particular circumstances
6 Ways Logistics Optimization Is Shaping Used Car Dealerships’ Success
All Things Supply Chain
JUNE 3, 2024
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.
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
GEP: Vendor Analysis (Part 1) — S2C solution overview, company background, platform and services overview, modules overview, and roadmap
Spend Matters
JUNE 17, 2024
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.
The Port of Baltimore is reopened from the bridge collapse. How much cargo will return?
Supply Chain Dive
JUNE 13, 2024
With wreckage from the Francis Scott Key Bridge collapse removed, leaders are bullish on the port’s ability to retain customers.
Never Split The Difference Review
Procurement Templates
JUNE 21, 2024
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.
Celebrating the Barcode’s Golden Jubilee
Supply Chain Brain
JUNE 26, 2024
It's been 50 years since the first retail item was scanned with a Universal Product Code (UPC) barcode at checkout.
The Evolution of Control Towers to Command Centers
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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.
CPO Crunch: The 1% Club
Procurement Leaders
JUNE 10, 2024
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.
Procurement Training Reimagined: SCMDOJO Launches Procurement Track
SCMDOJO
JUNE 6, 2024
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.
Intake and Orchestration in procurement: How do the solution providers define its role? – Opstream
Spend Matters
JUNE 4, 2024
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
Cost cutting is procurement execs’ top 2024 priority: Hackett
Supply Chain Dive
JUNE 6, 2024
With interest rates still high and global elections creating economic uncertainty, many companies are being conservative about spending.
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
Mastering Strategic Purchasing Tips for Business Success
Procurement Freelancers
JUNE 29, 2024
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.
Transforming Supply Chains and Warehousing in the Modern Era
Supply Chain Brain
JUNE 23, 2024
In the wake of the COVID-19 pandemic, and with the resulting surge in e-commerce, demands on warehousing are growing like never before.
CPO Crunch: Operating models evolve
Procurement Leaders
JUNE 3, 2024
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.
Measuring Transportation Vehicle Utilization: The KPIs
SCMDOJO
JUNE 25, 2024
In the fast-paced world of logistics, efficient transportation is paramount. Every inch of unused space and every minute of idle time translates to lost revenue and a larger carbon footprint. To stay competitive and sustainable, businesses must maximize their transportation vehicle utilization. But what exactly does this entail, and how can it be achieved?
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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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