Sat.Jun 15, 2024 - Fri.Jun 21, 2024

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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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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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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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Three Ways That Prescriptive Analytics Boosts Supply Chain Resilience

Supply Chain Brain

S upply chain leaders today can not only analyze the past and present to determine the likelihood of outcomes, but can also look to the future to manage them — a practice known as prescriptive analytics.

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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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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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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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Watch: Three Prominent Trends in Global Supply Chains

Supply Chain Brain

AI, digitization and orchestration are among the most important developments in supply chain today, says Omer Rashid, vice president of operations development at DHL Supply Chain.

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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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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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6 ways generative AI can optimize asset management

Supply Chain Dive

There is even more help on the horizon with the power of generative artificial intelligence (AI) foundation models, combined with traditional AI, to exert greater control over complex asset environments.

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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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Drone-Sinking of Coal Ship Takes Red Sea Perils to New Level

Supply Chain Brain

Yemen’s Houthi militants managed to strike the MV Tutor with a seaborne drone, killing one crew member and injuring others.

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

Spend Matters

Spend Matters is focusing on Intake and Orchestration as its main theme of deep research 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 th

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5 Game-Changing Tools for Modern Supplier Auditors

Procurement Freelancers

In today’s fast-paced business world, supplier auditors are like hidden stars. They are critical to… The post 5 Game-Changing Tools for Modern Supplier Auditors first appeared on Procurement Blog | Procurement & Supply Chain News.

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Parcel delivery startup Delivered buys Point Pickup’s assets

Supply Chain Dive

The $100,000 purchase will help build new services for shippers and carriers, Delivered CEO Andrew Hurst said.

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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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Watch: The Incredible Shrinking Inventory: What To Do About It

Supply Chain Brain

Tracking inventory solely within the four walls of a warehouse isn’t enough to stop shrinkage, says Eddie Misicka, vice president of product and solutions at OneRail.

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GEP: Vendor Analysis (Part 2) — S2C solution 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 GEP’s S2C solution. We will also look at the voice of the customer and the elements to consider when looking at GEP as a potential solution provider. Part 1 of the series provided a history and overview of GEP’s S2C solution as well as the solution’s roadmap/vision.

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Procurement Professionals Are Not Dinosaurs!

Procurement Insights

What are your thoughts regarding the following statement: These companies had high valuations with little to no profits, riding the wave and hype of the new tech. A booming equity market funded them in the early 2020s, which came with cheap capital. When the money dried up, and these companies had no self-sustaining profits to continue operating , the crash finally came.

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Walmart eyes smarter produce sourcing with crop monitoring pilot

Supply Chain Dive

The retailer's partnership with Agritask will provide information on blackberry and cherry crops grown by certain suppliers.

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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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State of Logistics Report: More Climate-Driven Shipping Disruptions to Come

Supply Chain Brain

Kearney's annual State of Logistics report estimates that sea level rise and inland flooding could cost the logistics industry billions annually by 2050.

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The ‘Art of Science and Innovation’ — ESOMAR event key takeaways

Spend Matters

Earlier this week, 16-18 June, ESOMAR hosted its conference, The Art of Science and Innovation , in Chicago, Illinois. ESOMAR is a non-profit membership organization that explores key insights, analytics and research topics. The key themes of the conference were ongoing innovations such as AI and actionable analytics. The conference highlights were the presentations from various researchers, academics and other organizations on the latest developments in (generative) AI, as well as different mar

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How To Navigate Supply Chain Challenges: Resilience and Adaptability in the Modern Business World

SCMDOJO

The power to guide supply chain challenges effectively is essential for any business in a difficult and fast-paced industry. According to statistics, the global supply chain control market is predicted to reach USD 37.41 billion by 2027. In charge of maintaining seamless processes and securing long-term success, current businesses must focus on stability and modification due to unexpected disorders and transforming market necessities.

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Gap Inc. supplier summit returns after pandemic pause

Supply Chain Dive

Top vendors got to learn about the retailer's priorities at a meeting in San Francisco last month.

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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

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How Do I Know That My Pricing Strategy Is Right?

Supply Chain Brain

Pricing has become a strategic lever that allows revenue teams to become more proactive to changes in the market.

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Making the business case for Intake and Orchestration tools

Spend Matters

Intake and orchestration (I&O) solutions can transform initial customer requests and subsequent interactions for just about any business into streamlined, end-to-end, secure and transparent engagements. But these solutions are quite new to the market and as yet their definition and value is not very well understood, so it’s hard to make the case for investment.

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Top Sustainable Practices Every Sourcing Consultant Should Follow

Procurement Freelancers

Today’s global marketplace is fast-paced and ever-changing. Companies are focusing more on sustainability. The eco-friendliness… The post Top Sustainable Practices Every Sourcing Consultant Should Follow first appeared on Procurement Blog | Procurement & Supply Chain News.

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Whole Foods broadens meat supply standards

Supply Chain Dive

The grocer raised the number of approved certifications, saying it should give suppliers greater flexibility to meet quality standards.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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Watch: How Do You Get Started on Your Supply Chain Risk-Management Journey?

Supply Chain Brain

When vetting potential suppliers and customers, it's vital to assess their risk-management profiles and strategies, says Danny Thompson, chief product officer at apexanalytix.

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Procurement 6 – June 21st, 2024

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 – June 21st, 2024 appeared first on Art of Procurement.

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It’s Saturday, and I like coffee!

Procurement Insights

Click Here – Try It, You’ll Like It!

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MGP Ingredients taps Mars Petcare veteran to lead operations

Supply Chain Dive

David Colyott joins the distilled spirits producer after a rocky few months that included net income drops and the closure of a Kansas distillery.

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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.