October, 2023

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Webinar — The future five and the future of procurement

Spend Matters

Tomorrow October 31, 11:00 a.m. EST, the Spend Matters analyst team will host a webinar ‘ Shaping the Future of Procurement : An Inside Look at the 10th Annual Spend Matters 50/50 Lists.’ Compiling these lists has been tricky, but now the team can treat all attendees with a glimpse of how the future of procurement is shaping up. A major focus will be on the methodology behind how the analysts determine which companies are worth watching and knowing.

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Negotiating Lessons from Hollywood Labor

Art of Procurement

Why did the Hollywood writers’ strike take so long to resolve and why is the screen actors’ guild still on. The post Negotiating Lessons from Hollywood Labor appeared first on Art of Procurement.

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Cost Reduction Strategies in Sourcing and Procurement

Procurement Freelancers

Are you tired of overspending on sourcing and procurement? Look no further! In this article,… The post Cost Reduction Strategies in Sourcing and Procurement first appeared on Procurement Blog | Procurement & Supply Chain News.

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The 10 Most Needed Positions in the Global Supply Chain Today

All Things Supply Chain

The global supply chain is facing a labor shortage that has slowed down manufacturing and shipping times. As a result, prices continue to rise and economic stagnation has gotten worse.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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Amazon outlines push to ‘eliminate packaging altogether’

Supply Chain Dive

As the company looks to remove added packaging from more orders in 2024, its packaging innovation director explains how Amazon identifies products fit to ship in their own packaging and works with vendors on redesigns.

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Corporate Budgets Are Tightening. Where’s Supply Chain Spending Going Today?

Supply Chain Brain

With near-term consumer demand uncertain, and high interest rates likely to continue for some time, corporate belts are tightening. So what are companies spending money on today?

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The LEGO Sustainability Saga

Art of Procurement

“We can’t say we inspire and develop the builders of tomorrow if we’re ruining the planet.” – Tim Guy Brooks, Head. The post The LEGO Sustainability Saga appeared first on Art of Procurement.

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Jonathan O’Brien delivering Keynote Speech at Supply Chain Summit by SILF

Positive Purchasing

Putting Sustainable Procurement in the Spotlight Our CEO, Jonathan O’Brien, will be delivering a keynote speech on the topic of ‘Making Sustainable Procurement Happen’ at the Supply Chain Summit by SILF on 9 November in Stockholm, Sweden. The need to drive sustainability deep into everything an organization is and does is no longer in question, in fact our very future depends upon it.

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How foundation models can help make steel and cement production more sustainable

IBM Supply Chain Blog

Heavy industries, particularly cement, steel and chemicals, are the top greenhouse gas emitting industries, contributing 25% of global CO2 emission. They use high temperature heat in many of their processes that is primarily driven by fossil fuel. Fighting climate change requires lowering heavy industry emissions. However, these industries face tremendous challenges to reduce greenhouse gas emissions.

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This AI chatbot can help predict supply chain disruptions at farms

Supply Chain Dive

Cersi, a virtual analyst introduced by agtech startup Helios, can be used by large food companies to manage commodity risks in the face of climate change and market volatility.

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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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Navigating the Great Supply Chain Reset

Supply Chain Brain

The last few years have seen a confluence of factors that can affect the supply chain. It’s become clear there’s no one clear “gotcha” moment that upset supply chain reliability.

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Advancing City Logistics and Sustainability with Urban Consolidation Centers

SCMR (Supply Chain Management Review)

Public policy has begun to play a significant role in emboldening improvements in logistics practices in dense urban cities and carbon neutrality pledges signed by several cities around the world have emphasized the criticality of creating a future-forward urban supply chain network.

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Procurement 6 – October 20th, 2023

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – October 20th, 2023 appeared first on Art of Procurement.

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The Role of Ethical Sourcing in Sustainable Supply Chain Management

Procurement Freelancers

In today’s globalised world, where social and environmental issues are at the forefront, ethical sourcing… The post The Role of Ethical Sourcing in Sustainable Supply Chain Management first appeared on Procurement Blog | Procurement & Supply Chain News.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Common Grounds: Unleashing innovation and growth through partnership

IBM Supply Chain Blog

At IBM, we believe we can make greater progress together. Our purpose is to be the catalyst that makes the world work better—and our partners are key to this mission. Together with our partners and clients, we work to solve the most complex challenges with AI and hybrid cloud. Last year, we launched our “ Common Grounds ” video series to showcase the value of partnership and how we’re better together.

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How 4 health system executives are tackling supply chain challenges

Supply Chain Dive

After the COVID-19 pandemic caused worldwide disruptions, executives at four major health systems shared how they’re innovating supply chain tactics.

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How Will 2023’s Peak Season Compare to Others?

Supply Chain Brain

If businesses fail to get rid of their supplies, they won’t be able to survive, because they will be forced to refinance all their debt at higher interest rates.

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The Astonishing Port of Laredo

SCMR (Supply Chain Management Review)

The expected continued growth in cross-border commerce with Mexico is likely to attract new investment all along the border. The nearshoring activity to Mexico and reshoring to the U.S. will continue for years to come.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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The new shape of business travel is here, so why are some still using rigid expense management systems?

Spend Matters

Pre-pandemic, T&E spending represented a significant portion of a company’s discretionary budget. As business travel rebounds to pre-pandemic levels, finance leaders must leverage this window to reassess, re-evaluate, and re-imagine travel and expense management processes and strategies. Business travel isn’t going anywhere. Remote work will make sure of it A poll released by the GBTA earlier this year shows three in four travel managers expected their company to make more busine

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How GEP Solutions Company Can Optimise Your Business Processes

Procurement Freelancers

Are you struggling to streamline your business processes and maximise productivity? Look no further than… The post How GEP Solutions Company Can Optimise Your Business Processes first appeared on Procurement Blog | Procurement & Supply Chain News.

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Books As a Proxy for Free Thought

Art of Procurement

“If all printers were determined not to print anything till they were sure it would offend nobody, there would be. The post Books As a Proxy for Free Thought appeared first on Art of Procurement.

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Butter prices soar to record highs

Supply Chain Dive

Supply is constrained going into the holiday baking season due to lower production and increased summer demand for ice cream and other products.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Plastic in Logistics: Friend or Foe?

Supply Chain Brain

The role of plastic in logistics cannot be boiled down to "friend or foe." Instead, plastic should be seen as a dynamic material that requires continuous evaluation and improvement.

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Retailers Are Ready for Holiday Season

SCMR (Supply Chain Management Review)

Most holiday inventory is already in place, says NRF’s Matthew Shay, as retailers continue to monitor consumer trends.

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Spend Matters Future 5 2023 – Introducing dSilo

Spend Matters

The procurement technology market is evolving rapidly and deploying the latest power that innovation can bring to support the changing and challenging needs of its customers. In an ever-crowded space it’s hard for those who rely on these platforms and systems to keep ahead of the latest developments. For that reason, Spend Matters analysts make it their mission to scour the market to find those new solution providers that can fulfil a very specialist role to fulfill the procurement needs of toda

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A Guide to the Key Responsibilities of a Procurement Agent

Procurement Freelancers

In the intricate business world, procurement is crucial to ensuring that a company runs smoothly… The post A Guide to the Key Responsibilities of a Procurement Agent first appeared on Procurement Blog | Procurement & Supply Chain News.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Enhancing customer experience: Streamlining orders with custom email notifications in IBM Cloud

IBM Supply Chain Blog

Let’s consider the operations manager of a thriving online business specializing in handmade crafts. This operations manager understood the importance of catering to their loyal customer base, some of whom resided in different time zones. In their quest to provide exceptional service, they faced a challenge—how to ensure that customers could place orders as soon as new shipments of their artisanal products arrived.

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Amazon to integrate drones into fulfillment network for faster delivery

Supply Chain Dive

Prime Air drones will deploy at same-day delivery sites rather than standalone facilities as the company scales its use of the emerging transportation method.

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Over Three-Fourths of Companies Will Adopt Warehouse Automation by 2027

Supply Chain Brain

The top business priorities for supply chain organizations over the next two years are increasing productivity and efficiency (29%) as well as improving resiliency, continuity, risk and security (29%).

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Supplier Diversity is the Present and the Future

SCMR (Supply Chain Management Review)

According to the National Minority Supplier Development Council (NMSDC), certified minority-owned businesses generate more than $400 billion in annual revenue and economic output. It also found that companies with diverse supplier bases show a 133% greater return on procurement investments than those without supplier diversity.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.