Sat.May 20, 2023 - Fri.May 26, 2023

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Bullwhip Effect — Everything About Supply Chain

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Bullwhip Effect — Everything About Supply Chain Bullwhip effect can disrupt your supply chain and you must consider yourself lucky if you still have not experienced this. However, what is it? In this article, we will define what the bullwhip effect is.

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People remain stumbling block to procurement success

SCMR (Supply Chain Management Review)

While technology can be an obstacle to procurement success, respondents to an ISM survey said humans remain the largest roadblock.

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How Smart Contracts Could Play a Pivotal Role in Supply Chains

Supply Chain Brain

A major benefit of using smart contracts is that they can be drawn up in minutes rather than hours or days, as with traditional contracts.

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How the Construction Industry Solve Its Supply Chain Issues

All Things Supply Chain

The world as you know it looks drastically different than it did only four years ago.

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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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Everything You Need to Know About Procurement Solutions

Pipefy

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses. Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations.

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RFP Evaluation Criteria Best Practices

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter RFP Evaluation Criteria Best Practices RFP evaluation criteria best practices are ways you can do to make your RFP process to be efficient, consistent, and transparent. However, what are these best practices? In this article, we will discuss what RFP means.

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Supply Chain Weekly Wrap-Up 05/19/2023-05/25/2023

All Things Supply Chain

Apple with Broadcom partner for US-made 5G technology Apple has struck a multibillion-dollar deal with Broadcom, a U.S. chipmaker, to collaborate on the development of 5G radio frequency components.

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Episode 116: Winning the Mythical Talent War with Jon Hansen

Una

EPISODE 116 Winning the Mythical Talent War with Jon Hansen By Kelly Barner | May 24, 2023 Despite investments in education and efforts to recruit from a strong and diverse talent pool, CEOs have always been worried about procurement skill sets. They refuse to believe that the talent they have in house is ‘up to’ the strategic objectives they plan to set forth.

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Integrated Logistics — What You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Integrated Logistics — What You Should Know Integrated logistics is gaining popularity throughout the years to the point of replacing the traditional logistics concepts. However, what is it? In this article, we will discuss what integrated logistics means.

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[Pod] Getting to Know Should-Cost Analysis w/ Yushiro Kato

Art of Procurement

“Should-cost analysis is just a tool. Even if you have a clear breakdown, if you do not have a good. The post [Pod] Getting to Know Should-Cost Analysis w/ Yushiro Kato appeared first on Art of Procurement.

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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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Wood vs. plastic: Which pallets are more sustainable?

Supply Chain Dive

More pallet companies are marketing their products’ sustainability amid growing attention to ESG practices, fueling the ongoing debate of whether one substrate reigns superior.

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Missing your target? Successful implementations begin at procurement

SCMR (Supply Chain Management Review)

Only 30% of digital transformations meet or exceed a company’s expected target value. The reason? The wrong procurement process was used, say experts.

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Vendor Scorecards — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Vendor Scorecards — Everything You Should Know Vendor scorecards simplify vendor management and are an important factor in monitoring supplier performance. However, what is it? In this article, we will discuss what vendor scorecards are.

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IBM Consulting unveils Center of Excellence for generative AI

IBM Supply Chain Blog

IBM Consulting has established a Center of Excellence for generative AI. It stands alongside IBM Consulting’s existing global AI and Automation practice, which includes 21,000 data and AI consultants who have conducted over 40,000 enterprise client engagements. The Center of Excellence (CoE) already has more than 1,000 consultants with specialized generative AI expertise that are engaging with a global set of clients to drive productivity in IT operations and core business processes like H

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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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Can Walmart’s Associate-to-Driver Program Solve the Driver Shortage?

Supply Chain Brain

Walmart has launched the Associate-to-Driver Program , adding drivers to the fleet by hiring internally. Is it a real remedy for the driver shortage, or simply a PR move aimed at boosting morale?

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Maersk opens supply chain innovation center

Supply Chain Dive

The New Jersey center has already been used to research or test a variety of logistics technology, including Verity warehouse drones and trailer unloading equipment from Boston Dynamics.

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Acquisition Cost — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Acquisition Cost — Everything You Should Know Acquisition cost helps businesses to accurately track the total cost of acquiring an asset. However, what is it? In this article, we will discuss what acquisition cost means.

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Group Purchasing and Indirect Spend: a Fairy-Tale Romance

Una

Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. By Hugo Britt | May 23, 2023 Search Welcome to Story Time with Una , a not-so-regular series that offers a fresh, fun take on various topics impacting procurement.

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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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U.S.-Led Pacific Trade Talks Close to Reaching Supply Chains Pact

Supply Chain Brain

Negotiators would reportedly like to announce an agreement regarding Indo-Pacific trade talks at a meeting of ministers taking place in Detroit on May 27.

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Nike CFO takes on procurement oversight

Supply Chain Dive

Matthew Friend, who joined the brand in 2009, will have responsibility over a massive supply operation that sources from hundreds of factories around the globe.

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Kanban System — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Kanban System — Everything You Should Know Kanban System is gaining popularity and has spread to many industries from construction to procurement to optimize workload. However, what is it? In this article, we will tell you what the Kanban System is and the Kanban Board.

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Post-Brexit Woes for UK Car Makers

Procurement Bulletin

Post-Brexit Woes for UK Car Makers A post-Brexit requirement by the EU requires 40% of electric vehicle parts to be sourced from the UK or EU, specifically for vehicle to be sold within the EU. Otherwise, those sales are hit with a 10% tariff. However, currently auto manufacturers are still importing the majority of batteries from Asia and won’t be able to comply in time for when these rules come into effect.

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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.

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Understanding Procurement As A Service

Procurement Freelancers

An innovative procurement technique known as “procurement as a service” is changing how businesses of… The post Understanding Procurement As A Service first appeared on Procurement Blog | Procurement & Supply Chain News.

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2 ocean carriers fined for Ocean Shipping Reform Act violations

Supply Chain Dive

ONE and Wan Hai Lines paid a combined $2.65 million in fees, and agreed to issue refunds to affected shippers.

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Transportation and Infrastructure Committee Approves Several Supply Chain-Focused Bills

Supply Chain Brain

In total, the U.S. House Committee on Transportation and Infrastructure approved a package of 12 bills as well as five additional supply chain-focused measures.

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Redefining the consumer experience: Diageo partners with SAP and IBM on global digital transformation

IBM Supply Chain Blog

In an era of evolving consumer preferences and economic uncertainties, the beverage industry stands as a vibrant reflection of changing trends and shifting priorities. Despite the challenges posed by inflation and the cost-of-living crisis, a dichotomy has emerged in consumer behavior, where individuals untouched by the crisis continue to indulge in their favorite beverages, while those directly affected pivot towards more affordable luxuries, such as a bottle of something special.

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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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Buyer Benefits: Ways To Cut Down On Costs Through Digital Procurement

Procurement Freelancers

Cost reduction without sacrificing profitability is a major worry for many business owners today. Digital… The post Buyer Benefits: Ways To Cut Down On Costs Through Digital Procurement first appeared on Procurement Blog | Procurement & Supply Chain News.

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US Postal Service outlines next steps to becoming ‘the preferred delivery provider’

Supply Chain Dive

The priorities for the third year of the agency’s transformation plan include growing revenue via new shipping services and boosting local delivery speeds.

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Schneider Electric tops Gartner Global Supply Chain Top 25 for first time

SCMR (Supply Chain Management Review)

The top global supply chains identify and capture new opportunities, drive progress and transform the way their organizations work, Gartner said. Schneider Electric is atop the Global Supply Chain Top 25 for the first time.

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Boeing CEO Warns Supply-Chain Constraints Could Last ‘Very Long Time’

Supply Chain Brain

Boeing CEO David Calhoun made the comments about supply chain constraints May 23 during a Qatar Economic Forum panel held in Doha.

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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