Sat.Feb 24, 2024 - Fri.Mar 01, 2024

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Smart Talks with Malcolm Gladwell + Sheri Hinish: The Future of Supply Chain, Building Sustainable and Transparent Businesses

Supply Chain Queen

Sustainable supply chains are good for the planet and good for business. In this episode of Smart Talks with IBM, Malcolm Gladwell takes on this topic with Tim Harford, host of Cautionary Tales, and guest Sheri Hinish, IBM’s Global Sustainability Services Leader and Offering Leader for Sustainable Supply Chain, known as the “supply-chain queen.” They.

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Flexport, Shopify strengthen logistics ties with merchant perks

Supply Chain Dive

The freight forwarder is offering discounts for Shopify merchants to use its fulfillment services and a new shipping product.

Logistics 139
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Harnessing Neuroplasticity

Procurement Templates

How can Neuroplasticity help procurement professionals? It helps those who might think this is who I am, the way I think can’t be changed its innate, my thought process, my beliefs and I can’t or don’t want to change. However, there are times where being stuck with our own version of the truth with no divergence for alternative ways of thinking is too singular and too restrictive.

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CPO Crunch: Just add R&D

Procurement Leaders

A few weeks ago, a LinkedIn post from one of our members provided a tantalising and hopeful glimpse into the future. This might be a bold claim but when Amanda Davies, Chief Procurement & Sustainability Officer at Mars Wrigley, announced that she was adding R&D to her remit to become Chief R&D, Procurement & Sustainability Officer, it provided a welcome reminder of the opportunity we have as a function.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

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.

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The Future of Work in Supply Chain, Exponential Technology, AI, and Chat GPT with Dr. Yossi Sheffi (MIT, Author)

Supply Chain Queen

In Episode 77, Dr. Yossi Sheffi, iconic thought leader and professor at MIT, innovator, and author of a new book ‘ The Magic Conveyor Belt’ chats with host Sheri Hinish about the future of supply chain including the people, exponential technology, and disruptive themes that will shape the future of the profession. This book offers.

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UPS plans layoffs at facilities in California, Ohio and Pennsylvania

Supply Chain Dive

Two sortation shift cuts, along with the closure of a trailer shop, add to reductions the company is making in at least eight other states.

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5G and Supply Chain Connectivity: Enhancing Logistics in the Digital Age

SCMR (Supply Chain Management Review)

Converting existing networks to 5G technology gives supply chains new opportunities to improve speed, accuracy and overall customer service.

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The Sustainability Imperative: Zero Waste, Zero Inequality, Zero Carbon Emissions with Tom Raftery

Supply Chain Queen

Happy Earth Day 22! In episode 70, host Sheri Hinish (SupplyChainQueen) joins Chief Evangelist Tom Raftery (Sustainable Supply Chain podcast host) for an EARTH WEEK discussion that zeros in on the Sustainability Imperative across climate, social equity, and responsible business. Key topics include: The world is changing – the global economy is about to become.

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As Macy’s and others close stores, TJX is picking up the supplier base

Supply Chain Dive

With big brand brick-and-mortar options dwindling, the off-brand retailer’s 21,000 vendors are increasingly looking to the company.

Suppliers 135
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Three Benefits of Channel-Free Logistics

Supply Chain Brain

Channel-free logistics connects existing infrastructure to simplify the whole order-to-delivery process, encouraging circularity and sustainability, maximizing profits and streamlining operations overall.

Logistics 119
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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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Fairmarkit: Vendor Analysis (Part 1) — Sourcing solution overview, market analysis, company SWOT, competitors

Spend Matters

This is the first in a three-part series that covers Fairmarkit’s sourcing offerings. The Pareto principle, named after the Italian economist and sociologist Vilfredo Pareto, states that if focused properly, 20 percent of one’s actions leads to 80 percent of the results. Procurement teams commonly follow this principle to prioritize activities and define focus areas to maximize return on investment.

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Sustainable Supply Chains + Net-Zero Deforestation, Responsible Commodity Sourcing and Risk Management with Gen Z for the Trees (RainforestPartnership.org)

Supply Chain Queen

Sustainable supply chains can address the key drivers of forest and biodiversity loss in the agriculture and forestry sectors, fueling biodiversity conservation and responsible sourcing of commodities like palm oil, soy, timber, and much more. Episode 71 introduces Gen Z for the Trees, a powerful youth movement aiming for net zero deforestation by 2030 using.

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Most employees say their mental health has declined or plateaued in past year

Supply Chain Dive

Technology and management can worsen stress and burnout — but can also be part of the solution, Calm says.

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How to Cut Spending Waste From Healthcare Supply Chains

Supply Chain Brain

The amount of money that hospitals waste on avoidable supply chain spending is staggering.

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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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Time to Return to Just-in-Time?

Art of Procurement

“Wisdom is given equally to everybody. The point is whether one can exercise it.” – Taiichi Ohno, The “Ten Precepts”. The post Time to Return to Just-in-Time? appeared first on Art of Procurement.

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Supply Chain Leaders Tell All in Strategy, Transformation and Disruptive Innovation (with From Source to Sold Authors: Radu Palamariu, Knut Alicke, McKinsey)

Supply Chain Queen

In Episode 73, host Sheri Hinish delves into bestseller, "From Source to Sold” and offers an inside look at the real-world experiences and valuable lessons of supply chain experts, industry leaders, and disruptive innovators.

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Family Dollar to pay $41.7M for issues tied to rat-infested warehouse

Supply Chain Dive

The discount retailer pleaded guilty to one count misdemeanor violation after product contamination at the Arkansas distribution center.

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Supply Chain Resilience More Important Than Cost Savings: Bain & Co. Survey

Supply Chain Brain

Companies that get supply chain trade-offs right will outperform strategically and set new standards of operational excellence.

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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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Fairmarkit: Vendor Analysis (Part 3) — Sourcing solution details, voice of the customer, analyst summary

Spend Matters

Part 3 of this Spend Matters Vendor Analysis 2024 focuses on delivering a detailed look into Fairmakit’s sourcing solution and concludes with an analyst summary. Part 1 delivers an overview of the company’s background, its general capabilities, a SWOT analysis and the competitive landscape. Part 2 looks at the solution’s strengths and weaknesses and offers user considerations.

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‘Procurement with Purpose,’ the Powerful Movement in Sustainability with Authors Mark Perera and Peter Smith

Supply Chain Queen

The decisions we make this decade are the most important in human history. You have to ask yourself: if our economic system actively destroys the biosphere and fails to meet many people's basic needs, what actually the point of it all?

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Big Lots acquires entire inventory of toy company Hearthsong

Supply Chain Dive

The move is part of the company’s larger strategy to reclaim its position in off-price and closeout sourcing.

Inventory 134
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The Evolving Last-Mile Delivery Trends and Expectations of 2024

Supply Chain Brain

Rising shipping costs, cumbersome processes and the growing demand for seamless service highlight the urgency for businesses to rethink their approach to last-mile delivery.

Demand 116
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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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4 smart technologies modernizing sourcing strategy

IBM Supply Chain Blog

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. Why? Because organizations with strategic sourcing mindsets look beyond price and cost savings-centered supplier selection initiatives.

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Circular Technology That Enables Sustainability, Inclusion, Net-Zero Waste, and Circular Cities with Dr. Garry Cooper (Rheaply)

Supply Chain Queen

Dr. Garry Copper, neuroscientist turned sustainability technologist and circularity advocate had a pivotal moment - that our field is one-noted and we need to build a reuse bridge to capture value left in materials to transition to a sustainable world, a fly-wheel of wealth for communities who have been left out in the linear economy.

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Report: Employers don’t practice what they preach on skills-based hiring

Supply Chain Dive

Fewer than 1 in 700 new hires benefited from businesses dropping degree requirements, Burning Glass Institute and Harvard Business School estimated.

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Advances in Thin Film Printed Electronics Enable Active Tracking and Automated Visibility

Supply Chain Brain

Thin film electronics is a rapidly evolving technology that has the potential to revolutionize supply chains and shipping as well as other industries.

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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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Renewable energy in action: Examples and use cases for fueling the future

IBM Supply Chain Blog

As more countries, companies and individuals seek energy sources beyond fossil fuels, interest in renewable energy continues to rise. In fact, world-wide capacity for energy from solar, wind and other renewable sources increased by 50% in 2023. More than 110 countries at the United Nations’ COP28 climate change conference agreed to triple that capacity by 2030, and global investment in clean energy transition hit a record high of USD 1.8 trillion in 2023.

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Celebrating Women in Supply Chain on International Women’s Day with Transform Talks feature

Supply Chain Queen

In this special International Women’s Day edition of Transform Talks, Sheri talks with Maria and looks back at some of the conversations she has had with the fantastic women we have had on the show in the past 12 months. For those of you that are interested in listening back to the full episodes, the.

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Giant Foods meeting workforce needs with incarcerated people

Supply Chain Dive

Second Chance Program filled a role few individuals wanted and gave a now-former inmate a fresh start.

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Cargo Volumes in Red Sea Area Drop 21% Due to Attacks On Ships

Supply Chain Brain

BIMCO said that, so far in February, the number of ships transiting through the Gulf of Aden and the Suez Canal is 50% and 37% lower than last year respectively.

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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.