Sat.Jun 22, 2024 - Fri.Jun 28, 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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Trending Sources

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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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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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Load Optimization: A Sustainable Way To Reduce Transportation Costs

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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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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Albertsons enters e-commerce partnership with Grubhub

Supply Chain Dive

The restaurant delivery company is providing delivery service in as little as an hour from nearly 1,800 of the grocer’s stores under a deal announced Tuesday.

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

Spend Matters

Spend Matters continues its focus on Intake and Orchestration as this quarter’s theme of special interest with a viewpoint on the importance of this market segment from Alison Crawford, Senior Director of Global Product Marketing, Aera Technology. If you’d like to understand more about what it means for procurement, read our Guide to Intake and Orchestration here.

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Low Prices, Human Costs: Has Online Retail Crippled the Ethical Supply Chain?

Supply Chain Brain

Globally, it's estimated that $161 billion worth of clothing and textiles fall into an area of risk that makes them prone to being produced by forced labor annually.

Ethics 116
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Skechers supplier accused of using forced labor

Supply Chain Dive

The shoe material maker joins two other vendors added to the Department of Homeland Security’s list of companies banned from importing goods into the U.S.

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The Critical Path: Navigating Supply Chain Efficiency in the Oil Industry

SCMDOJO

In an era where efficiency equates to competitive advantage, the oil industry’s supply chain management plays a pivotal role in determining a company’s profitability and sustainability. Given the complex and expansive nature of the oil supply chain—stretching from remote extraction sites to global markets—optimizing operations can lead to significant enhancements in performance and cost reductions.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

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.

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Why Your Startup Needs a Product Sourcing Agent

Procurement Freelancers

Launching a new company is demanding as well as exhilarating. One of the biggest challenges… The post Why Your Startup Needs a Product Sourcing Agent first appeared on Procurement Blog | Procurement & Supply Chain News.

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Watch: Can AI Help To De-Risk the Supply Chain?

Supply Chain Brain

Among the many benefits that artificial intelligence can bring to industry is to reduce risk in every link of the supply chain, says Jim Hayden, chief data scientist at Everstream Analytics.

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The next big LTL shakeup? FedEx explores options for Freight division

Supply Chain Dive

Any sale or spinoff would follow a shift by large carriers toward pure-play operations — and could further consolidate an LTL sector still reeling from Yellow’s demise.

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The Coming Modernization of Truck Parking and its Effect on Supply Chains

SCMDOJO

Truck parking remains a big challenge for drivers, with limited availability leading to safety concerns and driver fatigue. However, with the introduction of modern technologies and a focus on improving infrastructure, the days of the “Wild West” era of truck parking are numbered. In this article, we will explore the upcoming modernization of truck parking and its implications for the industry and all supply chains involved.

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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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Decision-Centric versus Traditional S&OP

Supply Chain Trend

Over the last couple of years, I have been mentioning Decision-Centric S&OP/IBP in my articles. In 2021, I explored the efficacy between decision automation and augmentation for different decision horizons and proposed a new narrative for IBP that includes decision automation, capturing and learning, with IBP managers who are incentivised to improve decision quality.

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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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High-calcium lime supplier MLC hires new VP of supply chain

Supply Chain Dive

Cheryl Stuckmeyer’s appointment comes as the company expands its supply chain capabilities through additional trucking routes as well as rail and transloading growth.

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The Rise of Women in Supply Chain: Career Choice

SCMDOJO

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table. With a focus on diversity and inclusion, SCMDOJO is proud to highlight the increasing presence of women in the supply chain industry.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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SourceDay: Vendor Analysis (Part 1) — PO Lifecycle Management solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

This Spend Matters Vendor Analysis updates our coverage of SourceDay and its purchase order (PO) lifecycle management solution within the procure-to-pay (P2P) space. In the realm of direct materials procurement and supply chain collaboration, investments in P2P technologies have been increasing. While SourceDay isn’t the only option , it is a prominent player that boasts the most experience in catering to the needs of direct material industries and forming partnerships with other S2P players int

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Watch: Resilience in Supply Chain — Why Now?

Supply Chain Brain

Every pillar of the supply chain — plan, source, make and deliver — must be resilient, says Girsh Dhaneshwar, vice president and consulting practice leader at Cognizant.

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Warehouse automation partnerships are becoming more strategic

Supply Chain Dive

Companies like GXO Logistics and DHL Supply Chain are becoming increasingly discerning about the technology providers with whom they partner.

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Episode 171: Japan – A Silent Player in the Semiconductor Supply Chain with Kris Lance

Una

EPISODE 171 Japan: A Silent Player in the Semiconductor Supply Chain with Kris Lance By Kelly Barner | June 26, 2024 Most of us think about Taiwan, China, and – to some extent – the U.S. when it comes to semiconductor manufacturing… but Japan is just as critical. They are a primary (and dominant) supplier of semiconductor related chemicals, packaging materials, and tools.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Spend Matters webinar sheds light on ‘intense interest’ in emerging intake and orchestration market

Spend Matters

On June 19, the Spend Matters analyst team hosted ‘Demystifying Intake and Orchestration in Procurement,’ a Zip-sponsored live webinar. The team, with input from Shao Zhu, Senior Director of Advisory at Zip , and Jason Powell, Director of Procurement from Figma and a user of Zip, covered what these solutions do, actual applications for these solutions and how procurement may go about making the business case for them to other stakeholders.

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How Centralized Inventory Control Towers Streamline Inventory Management

Supply Chain Brain

In a time of extreme unpredictability, companies need to centralize inventory control. It’s imperative to drive agile decision-making by consolidating data across the network, employing advanced analytics, and enabling real-time visibility.

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FedEx preps for $500M headwind after US Postal Service split

Supply Chain Dive

The delivery giant aims to aggressively reduce costs tied to air cargo operations following the contract's Sept. 29 expiration.

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What is a Digital Supply Chain Network?

The Network Effect

A digital supply chain network is not simply a collection of systems, integrated and connected by batch processes.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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SourceDay: Vendor Analysis (Part 2) — PO Lifecycle Management product-level strengths and opportunities, competitors and market analysis, user considerations, voice of the customer, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of SourceDay solution. We also look at the voice of the customer and the elements to consider when looking at SourceDay as a potential solution provider. Part 1 of the series provided an overview of SourceDay’s purchase order (PO) lifecycle management solution and its roadmap.

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Companies Face New Normal of Tariffs, Trade Regulation Compliance

Supply Chain Brain

It may seem like rapidly changing trade rules are the result of temporary geopolitical upheavals, but compliance experts say the chaos is here to stay.

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Dunkin’s supply chain arm expands distribution footprint

Supply Chain Dive

National DCP broke ground on a Texas facility this week that is expected to be completed in 2025.

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A New Map: Analyzing the people behind the technology

Procurement Insights

Tech is tech is tech! You are probably tired of me saying, “In 10 years, we will be as dismissive of today’s tech as we are now regarding floppy drives, modems, and dot matrix printers.” However, tech has never been, nor will it ever be, the primary driver of your organization’s success. The main driver of your success starts with the people behind the technology and extends to include your team.

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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.