Procurement Leaders

JULY 15, 2024

Being a chief procurement officer might be the best job in the world. That’s quite the statement but, writing this from the grounds of Château St. Gerlach near Maastricht as Procurement Leaders’ annual CPO retreat Ovation reaches its conclusion, I’m left in no doubt that it’s one based on reality. Why? That becomes clearer when you take a moment to step back and consider the sphere of influence and scope of impact that procurement has.

Chief Procurement Officer 130

Chief Procurement Officer Influencing Sustainability Business strategy 130

Art of Procurement

JULY 18, 2024

Section 321 of the U.S. Tariff Act of 1930 contains a small provision known as ‘de minimis,’ a Latin phrase. The post De Minimis: Supply Chain Trifles the Law Should be Concerned With appeared first on Art of Procurement.

Supply chain 131

Supply chain Supply Procurement Risk management 131

All Things Supply Chain

JULY 15, 2024

As supply chains continue to grow in scope and complexity, so do contractor safety risks.

Risk 130

Risk Supply chain Supply Supply chain management 130

Supply Chain Dive

JULY 15, 2024

The workwear brand is tapping the U.S. Cotton Trust Protocol and Better Cotton initiative in a bid for greater traceability and transparency over its supply chain.

Supply Chain Efficiency 124

Supply Chain Efficiency Sourcing Bidding Sustainability 124

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Real-time Visibility

Procurement Leaders

JULY 16, 2024

In partnership with Ivalua: CPOs must be prepared to pilot at pace, fail and learn from their mistakes to accelerate the adoption of AI and capture the full value that the technology offers

Procurement 100

Procurement 100

Spend Matters

JULY 15, 2024

In the realm of modern business operations, effective financial management is not just a task, it’s the heartbeat that drives growth and sustains operations. Imagine a company navigating a complex network of supplier negotiations, payment terms and cash flow management. This is where procurement steps in as the strategic architect, shaping the path to financial optimization.

Supplier negotiation 91

Supplier negotiation Sustainability Negotiation Networking 91

Supply Chain Dive

JULY 16, 2024

The Supply Chain Information Highway’s next phase of development will include additional rail cargo and export visibility, among other features.

Export 122

Export Supply chain Supply 122

Procurement Insights

JULY 16, 2024

Email No. 1 Hello, ABC Solution Provider. I had a productive call with the prospective client practitioner this morning. After providing them with added industry insight regarding competitors in the market and understanding their decision-making process, here is what I know: Their priorities regarding a solution provider – feet on the ground presence regionally is important.

Data 90

Data Import Sourcing 90

Supply Chain Brain

JULY 17, 2024

Just over 49% of workers voted in favor of unionizing, ending a two-year-long fight where employees held a series of strikes in a push for higher pay.

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109

Advertiser: GEP

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.

Supply chain

Procurement Freelancers

JULY 14, 2024

Getting business agreements handled properly is essential for businesses. It means taking care of contracts… The post 7 Steps to Streamline Your Procurement Contract Management first appeared on Procurement Blog | Procurement & Supply Chain News.

Contract management 90

Contract management Procurement contracts Contract Procurement 90

Supply Chain Dive

JULY 15, 2024

The terminal is slated to begin operations as early as 2026, serving industries such as manufacturing, agriculture and consumer goods.

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127

SCMDOJO

JULY 18, 2024

Vehicle efficiency is a critical factor for businesses operating trucks. It directly impacts operational costs and environmental footprint. This blog post explores various strategies that can significantly improve vehicle efficiency in truck operations. Implementing these practices can lead to substantial business cost savings and a cleaner environment.

Supply Chain Efficiency 88

Supply Chain Efficiency Cost of ownership Supply Chain Optimization Sustainable transportation 88

Supply Chain Brain

JULY 18, 2024

Chief information officers today face increasing pressure to keep pace with advances in technology. And that brings the role of the integration platform as a service (iPaaS) into prominence.

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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

Sustainability

Procurement Insights

JULY 18, 2024

We are inundated with an unprecedented volume of information. A recent survey by the team at Heyday found that the average person consumes four articles, more than 8,000 words and more than 200 messages daily. Yet, research suggests that we forget up to 70% of new information within 24 hours if we don’t actively engage with it. This “forgetting curve” shows that despite our voracious content consumption, we retain only a fraction of what we read. – Anne-Laure Le Cunff , Ness Labs Occ

Buyers 86

Buyers Import Demand 86

Supply Chain Dive

JULY 16, 2024

The retailer’s implementation of a new warehouse management system is a key component of its efforts to bolster its omnichannel capabilities.

Management 115

Management 115

Procurement Freelancers

JULY 17, 2024

Starting an online store is exciting, but you may face many obstacles you can’t overcome.… The post Is a Product Sourcing Agent Right for My E-Commerce Business? first appeared on Procurement Blog | Procurement & Supply Chain News.

Sourcing 86

Sourcing Supply chain Procurement Supply 86

Supply Chain Brain

JULY 14, 2024

The best way that industrial supply chains can prepare for an uncertain future is to imagine the most extreme outcomes playing out — in opposite directions.

Supply chain 105

Supply chain Supply 105

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

Logistics

SCMDOJO

JULY 16, 2024

Transportation is a complex system, and even minor inefficiencies can have a ripple effect. This article explores challenges identified in a research paper by McKinnon (2006) focusing on vehicle utilization and efficiency in the freight industry [1]. We’ll delve into each challenge and explore potential solutions: 1. Demand Fluctuations: Challenge: Seasonal variations, daily sales fluctuations, and unpredictable demand patterns can lead to underutilized vehicles.

Supply Chain Optimization 72

Supply Chain Optimization Supply Chain Efficiency Route optimization Agile and Lean Supply Chain 72

Supply Chain Dive

JULY 17, 2024

The Bipartisan Infrastructure Law is funding 13 economically significant projects to address traffic and freight bottlenecks.

124

124

Procurement Insights

JULY 19, 2024

Over the past few decades, I have written about and interviewed some of the top professionals in this area, including Forrest Breyfogle. Here is the link to the first Six Sigma case study of Forrest’s that I posted on my YouTube channel in 2008 – [link] Watching that video today, the case study seems as relevant now as it did then—maybe even more so.

Purchasing 66

Purchasing Supply chain Supply 66

Supply Chain Brain

JULY 18, 2024

With concerns over transit delays in the Red Sea and the looming threat of an East Coast and Gulf port longshoremen strike, retailers began restocking shelves in June.

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94

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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.

Supply Chain Efficiency

Art of Procurement

JULY 17, 2024

Procurement intake processes are often misunderstood by other areas of the business, and having to constantly guide distributed buyers through. The post AOP Introducing… Tonkean Enterprise Copilot appeared first on Art of Procurement.

Buyers 59

Buyers Procurement 59

Supply Chain Dive

JULY 18, 2024

Leaders of the digital infrastructure climate group iMasons Climate Accord called for using third-party verified assessments for data center suppliers.

Suppliers 111

Suppliers Data 111

Procurement Insights

JULY 19, 2024

The # 1 thing you can do to guarantee your procure tech succeeds? Be agent-based, NOT equation-based. Lead with problem-solving, people, and process, then technology, not equation-based, which is technology, process, and people. Jon W. Hansen , one of the top voices of procurement argues that with this mentality YOUR TEAM will always succeed, regardless of the technology.

Procurement 52

Procurement Supply chain Supply 52

Supply Chain Brain

JULY 17, 2024

Predictive AI models will power smarter inventory distribution, greater pick path efficiency and dynamic order grouping, thereby improving accuracy, reducing costs and accelerating throughput.

Inventory 90

Inventory 90

Advertiser: GEP

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.

Procurement

Art of Procurement

JULY 19, 2024

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 19th, 2024 appeared first on Art of Procurement.

Procurement 52

Procurement 52

Supply Chain Dive

JULY 19, 2024

The parties had seen talks stall since June after a local dispute arose over the use of automated gates.

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Finale Inventory

JULY 18, 2024

Retail inventory management is a fundamental part of running a successful ecommerce business. With the evolving landscape of online retail, staying ahead is crucial. Effective strategies can optimize inventory control and enhance overall efficiency. This article outlines key aspects of retail inventory management and future trends shaping the industry.

Inventory 52

Inventory Supply Chain Efficiency Management Real-time Visibility 52