Sat.Jul 20, 2024 - Fri.Jul 26, 2024

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CPO Crunch: Take time to zoom in and help stamp out modern slavery

Procurement Leaders

A couple of years ago, the CPO of a major international chemicals company shared an image with me. At first glance, it was innocuous. Only when he pointed it out, did I notice a footprint on the floor of the factory that the image was of. And only after he had brought my attention to the scale of that footprint did it dawn on me that it belonged to a child.

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The Great Supply Train Robbery

Art of Procurement

According to the New York Times, about 20 million containers move through the ports of Los Angeles and Long Beach. The post The Great Supply Train Robbery appeared first on Art of Procurement.

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New Report Says Supply Chains Must Embrace AI Now, or Be Left in the Dust

Supply Chain Brain

The progress of supply chains in adopting AI varies widely. So does the return on investment. But according to one recent study, there’s one strategy that guarantees failure: doing nothing.

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Election year uncertainty clouds 2024 supply chain outlook

Supply Chain Dive

Manufacturers “may kick the can down the road for certain capital investment decisions” as a result, Michigan State’s Jason Miller said during a panel discussion.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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Rosslyn: Vendor Analysis (Part 2) — Spend analytics product-level strengths and opportunities, voice of the customer, competitors and market analysis, user considerations, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Rosslyn’s spend analytics solution. It also looks at the voice of the customer and the elements to consider when looking at Rosslyn as a potential solution provider. Part 1 of the series provided a history and overview of Rosslyn’s spend analytics solution and its roadmap.

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Top 6 Trends Revolutionizing Supplier Auditing in 2024

Procurement Freelancers

Companies that are heavily invested in sourcing should do their utmost to keep their logistics… The post Top 6 Trends Revolutionizing Supplier Auditing in 2024 first appeared on Procurement Blog | Procurement & Supply Chain News.

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Sustainability starts on the farm: How agricultural traceability benefits producers and consumers

Supply Chain Dive

Discover how agricultural traceability is revolutionizing the food industry, empowering consumers with knowledge, boosting farmers’ revenues and paving the way for a sustainable future.

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Rosslyn: Vendor Analysis (Part 1) — Spend analytics solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Rosslyn and its solution for spend analytics. In today’s rapidly evolving business landscape, procurement is no longer just about purchasing goods and services. It’s about strategically managing resources, optimizing supply chains and driving organizational value. As procurement’s role becomes more complex, the need for advanced tools to manage and analyze spending increases.

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5 Game-Changing Benefits of Strategic Purchasing

Procurement Freelancers

Suppose you discover a key that can transform the way your business acquires the products.… The post 5 Game-Changing Benefits of Strategic Purchasing first appeared on Procurement Blog | Procurement & Supply Chain News.

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Watch: Getting a Grip on Supply Chain Visibility

Supply Chain Brain

Abe Eshkenazi, chief executive officer of the Association for Supply Chain Management (ASCM), discusses the challenge of achieving true end-to-end visibility across global, multi-tier supply chains.

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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.

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UPS defends higher peak surcharges ahead of shorter holiday season

Supply Chain Dive

The magnitude of the added fees surprised one analyst, but CEO Carol Tomé said the carrier's pricing is in line with anticipated demand.

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How to choose the best procurement software for your company in 2024

Fraxion

Adopting new software is a big decision for companies of all sizes. Not only will you have to transition your existing processes, you'll have to train your team and onboard them.

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How to Efficiently Organize a Stockroom: A Comprehensive Guide by Finale Inventory | Ecommerce

Finale Inventory

Maintaining an organized stockroom is vital for any ecommerce business. It ensures smooth operations and enhances efficiency and profitability. This guide covers the significance of a well-organized stockroom, basic organization principles, steps for effective organization, advanced strategies, and advice for businesses of various sizes. Understanding the Importance of an Organized Stockroom The Role of a Stockroom in Ecommerce A stockroom acts as the core of an ecommerce business, centralizing

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Cargo Ship Arrives at Zeebrugge With Infestation of Wolf Spiders

Supply Chain Brain

The Glovis Sun — carrying a couple thousand cars as its cargo — had recently traveled around Southern Africa, before arriving at the Port of Zeebrugge on July 18.

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10 Practical Steps To Reduce Scope 3 Emissions

Scope 3 emissions – which account for 70 – 80% of an organization’s emissions – are complex and multifaceted. They form the bulk of an organization’s environmental impact. It’s no surprise that enterprises still struggle to track and manage these emissions. '10 Practical Steps to Reduce Scope 3 Emissions' guides you through the essential phases of identifying, analyzing, and mitigating these emissions.

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DOT Secretary Buttigieg notes sweeping role of federal aid on supply chains

Supply Chain Dive

“Our supply chains are stronger, are more resilient, than they were three-and-a-half years ago,” he said during a keynote address Wednesday.

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An Advanced Look at Teal IQ (AI Data Discovery and Enrichment)

Procurement Insights

Taking You Well Beyond A Solution Demonstration The meeting between Fahad Muhammad and Jon Hansen focused on the introduction and overview of the Teal IQ platform, its capabilities, data validation using AI and ML, data structuring, client feedback, and supplier benefits, including: Teal IQ product introduction Frequency of running Teal IQ reports Dynamic diagnosis Product demonstration Future plans.

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Best Practices for Organizing and Storing Construction Materials with Finale Inventory

Finale Inventory

In the construction industry, effective organization and storage of materials is key for successful project management. With the growth of ecommerce and the increasing complexity of inventory management, companies require efficient systems to streamline their operations. Finale Inventory is a valuable tool that aids in organizing and storing construction materials.

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Crews 'Racing Against Time' to Contain Oil Spill in Manila Bay

Supply Chain Brain

Massive waves brought on by typhoon rainfall reportedly sank the MT Terra Nova tanker on July 25, killing one crew member, with 16 others rescued.

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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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Kroger Q1 delivery sales boosted by automation

Supply Chain Dive

The grocer is recommitting to automation tech after improved e-commerce results in its most recent fiscal quarter.

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Procurement 6 – July 26th, 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 – July 26th, 2024 appeared first on Art of Procurement.

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Mastering Year-End Financial Statements: A Comprehensive Guide by Finale Inventory | Ecommerce

Finale Inventory

Year-end financial statements are pivotal for any business. They go beyond offering a snapshot of your company’s financial position at a specific time. These statements allow you to evaluate your business’s performance over the year, pinpoint areas needing improvement, and make informed future decisions. This guide covers the significance of year-end financial statements, their key components, best practices for preparation, and strategies for analysis and enhancement.

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Air Freight Could Take 'Days or Even Weeks' to Recover from CrowdStrike Crash

Supply Chain Brain

Both FedEx and UPS have warned customers to expect delays on package deliveries originally slated for the date of CrowdStrike's outage on July 19.

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The Project Clinic: Assessing Project Health, Planning, and Execution

Speaker: Ketan Jahagirdar

Picture your projects as patients, each with its own unique rhythm and pulse, thriving under your care 🥼 🩺 Step into the role of an innovative project doctor in our upcoming webinar! This session is your guide to evaluating the health of your projects through Waterfall and Agile practices like Scrum and Kanban. We’ll explore the vital signs of project success through the lens of the “iron triangle” metrics, using deliverables as tracers.

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Kroger to add new Ocado technology to automated fulfillment centers

Supply Chain Dive

The capabilities focus on efficiency and labor productivity and signal that, despite slowing down the rollout of CFCs, the grocer’s work with the British company is far from done.

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Social Value – How does it link with schools, suppliers, and supply chains?

Value Match

Categories Best Practice Guides Bid Management Business Case Study Circular Economy Community Story Contract for Change Cyber Security Environment and Climate Equality and Inclusion Government Buying Standards House of Commons Committee of Public Accounts Human Rights and Modern Slavery Legislation National Audit Office Reports News Procurement Best Practice Procurement Policy Notes Procurement Strategy Public Sector Library Public Sector Policy Resourcing Responsible Organisational Management S

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Implementing a Barcode System for Inventory Management with Finale Inventory | Ecommerce

Finale Inventory

In the fast-moving ecommerce environment, effective inventory management is vital for businesses to remain competitive. A key tool that can significantly enhance inventory management accuracy and speed is a barcode system. This article highlights the role of barcode systems in inventory management and provides guidance on implementing one using Finale Inventory.

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Watch: Tearing Down Silos in the Supply Chain: Can AI Help?

Supply Chain Brain

Why is the supply chain historically more siloed than other functions? And what can be done about it? Ashutosh Dekhne, Americas supply chain and operations practice leader with EY, offers guidance.

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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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Hasbro names new chief supply chain officer

Supply Chain Dive

Stephanie Beal aims to refine processes to drive efficiency as the toy manufacturer implements a multi-year turnaround plan.

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Which of these five solution providers IS successful?

Procurement Insights

Over the years, I have written extensively about the following five companies. To access my article archives of any of these providers, type their name in the search box. Each has a unique journey. That being said, how do you measure or quantify success? 2001 Zycus India (U.S.) $500M – $1B in revenue 1.5K+ employees on LinkedIn 2005 Unimarket New Zealand $10 – $20M in revenue 99 employees on LinkedIn 2006 Coupa United States $500M – $1B in revenue 3K+ employees on LinkedIn 2010

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Top Strategies for Efficient Parts Inventory Management with Finale Inventory | Ecommerce

Finale Inventory

In the fast-paced ecommerce sector, efficient parts inventory management is vital for smooth operations and ensuring customer satisfaction. Finale Inventory helps you take control of your inventory and streamline your processes. This article covers top strategies for efficient parts inventory management with Finale Inventory, helping you optimize your operations and achieve business growth.

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Lawsuit Claims Port of LA Has Flooded Bay With Wastewater for Years

Supply Chain Brain

The environmental group alleges that the port's pump station violated Clean Water Act discharge limits more than 2,000 times in the last five years.

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The What, Why and How of Total Procurement Orchestration

By 2027, Gartner predicts that 40% of sourcing will be handled outside of the procurement function. How can procurement pros ensure that the process is efficient and unified for all users? For a synchronized and democratized approach to procurement, leaders are embracing total procurement orchestration solutions. The What, Why and How of Total Procurement Orchestration details how a multi-level orchestration strategy streamlines procurement processes.