Sat.Jul 30, 2022 - Fri.Aug 05, 2022

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The truck driver shortage is fueling supply chain chaos- What can be done to solve it?

All Things Supply Chain

In recent times, shortages of goods have caused widespread supply chain issues. Labor shortages have also been troublesome for production and the economy.

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How to issue an RFP for banking services with examples

RPF360

Discover tips, advice, and tools that will help you evaluate and select the perfect banking services for your organization. The post How to issue an RFP for banking services with examples appeared first on RFP360.

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How To Grow Your Textiles Manufacturing Company (With Digital Marketing Examples)

The Thomas Blog

It’s an active period of growth for some textile manufacturers, especially in the U.S. The pandemic, trade agreements, and changes in the economy have impacted the industry as a whole, but it's still on target for billion dollar growth in the years ahead. Suffice to say, there's opportunity in this sector of manufacturing, and if you're looking to increase orders—of if you already have a five-year plan to double your business and expand your facility—here are ways textiles manufacturers can get

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Watch: Machine Learning for Risk Analytics

Supply Chain Brain

With multiple layers of suppliers, artificial intelligence and big data can help companies get clean and useful information, says Jim Hayden, chief data scientist at Everstream Analytics.

Risk 135
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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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Supply Chain Weekly Wrap-Up 07/29/2022-08/04/2022

All Things Supply Chain

U.S congress passes bill boosting the semiconductor industry The U.S.

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5 Steps to Strategic Spend Management

ProcurePort

• An organization’s long-term growth and sustainability are hinged on strategic management of organizational expenditures. • An organization’s spending determines how much money goes to suppliers and how much remains to pursue other strategic growth objectives. • Strategic spend management is a renewed outlook on spending management entailing careful planning of your expenditure – overheads, […].

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The Future of Supplier Management is Here, and it’s Holistic

ivalua

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement. Aligning suppliers to overall Procurement and broader business strategy is critical to create sustained long-term value. .

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Eleven Ways to Address Rising Fuel Costs

Supply Chain Brain

Despite the challenges higher fuel costs bring to industries, few companies have made significant efforts to address the issue. Fortunately, there are ways to mitigate the worst effects of the cost burden.

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9 Latest Trends That Will Shape Procurement in 2022 and Beyond

ProcurePort

• The latest trends in the procurement sector for the last two years have been informed by the disruptions that came about in 2020 during the height of the COVID-19 pandemic. • The events of 2020 exposed weakness in supply chains, especially the lack of visibility and agility. Companies that couldn’t adjust fast enough ended […]. The post 9 Latest Trends That Will Shape Procurement in 2022 and Beyond appeared first on ProcurePort Blog.

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5 REASONS I’M EXCITED TO MOVE INTO RECRUITMENT

Procurement Heads

?‍ Being part of a team. Self-employment was great, but people often forget it can be lonely and having the opportunity to bounce ideas off colleagues whether content ideas or candidate fits, having a team will be super advantageous for personal development. It’s been great getting to know the team the Heads Resourcing Group. Learning about public sector industries!

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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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Leader of FedEx Ground contractor alliance slams CEO’s ‘tone-deaf’ response

Supply Chain Dive

The contractor group has also formed an association to voice concerns and, if necessary, "participate in legal challenges against FedEx Ground.

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Europe’s Rhine River Is on the Brink of Effectively Closing

Supply Chain Brain

Water levels on the Rhine River are set to fall perilously close to the point at which it would effectively close, putting the trade of huge quantities of goods at risk as the continent seeks to stave off an economic crisis.

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What is Supply Chain Management Process?

ProcurePort

• Defining supply management is difficult because of the many processes and disciplines involved. However, the best way to understand it is to refer to it as the aggregate of activities done to ensure a smooth flow of products from production to delivery to customers. • Managing supply chain activities is essential for the survival […]. The post What is Supply Chain Management Process?

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Sense & Respond

Let's Talk Supply Chain

In 2005 I came across a book, Sense & Respond (The Journey to Customer Purpose) Creating and Leading Sense-And-Respond Organizations. I was sitting on the train, on my way to a client site in Switzerland at the time (leading a global project working in Deloitte & Touch) and I came across this paragraph: “A sense-and-respond organization does not attempt to predict future demand for its offerings.

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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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As e-commerce demand slows, Shopify bets big on fulfillment

Supply Chain Dive

The acquisition of Deliverr and a pilot with Flexport demonstrates how the company is leaning into what its CEO calls “the vertical integration of logistics.

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What If You Treated Your Data Supply Chain Like the Physical Supply Chain?

Supply Chain Brain

While the task and responsibility for managing the data supply chain is primarily the responsibility of information technology professionals, the concepts and tools we use every day directly apply to the data supply chain as well as the physical supply chain. .

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Supply chain, labor issues forcing candy makers to problem solve

Strategic Sourceror

Whether it's a fruit-flavored lollipop, old-fashioned taffy or a king-size chocolate bar, Americans love their candy. And with the average citizen indulging in a sweet treat at least two to three times per week, according to data from the National Confectioners Association, it takes a lot of work to keep their sugar fixes satisfied. Indeed, the industry employs close to 58,000 people working in various capacities to keep the candy supply chain flowing.

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IT Procurement | Stranger Things Keeping IT Buyers Up at Night

Una

IT Procurement | 'Stranger Things' Keeping IT Buyers Awake at Night. By Hugo Britt | August 4, 2022. *This post may contain Stranger Things spoilers. Proceed at your own risk. There are a whole bunch of terrifying creatures stalking the night in Netflix’s hit series Stranger Things. Even for seasoned audiences inured to horror tropes, the writers still manage to inspire fear.

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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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Ford expands battery sourcing pool as supply concerns mount

Supply Chain Dive

The automaker is diversifying the mineral mix for batteries used in electric vehicles as it looks to ramp up production.

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Inmar Intelligence and Doddle Launch Inmar Post-Purchase Solutions

Supply Chain Brain

Ann-Marie Daugherty, executive vice president and president of supply tech with Inmar Intelligenc e, talks about the company's e-commerce post-purchase partnership with Doddle.

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Inventories pile up as customers buy less

Strategic Sourceror

During the pandemic, when buying activity was frenzied and personal savings were substantial, the modus operandi for retailers was pretty straightforward: If you have it in stock, customers will purchase it — whether in store or online. Product shortages were a common sight throughout much of the country, due in part to supply chain bottlenecks, so stocking up wherever possible made sense.

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Episode 76: Tapping Into the Thoughts of Today’s CPOs with Tarek Alaruri and Greg Tennyson

Una

Episode 76: Tapping Into the Thoughts of Today’s CPOs with Tarek Alaruri and Greg Tennyson. By Kelly Barner | August 3, 2022. The most interesting conversations at in-person events are rarely started from the stage. Instead, they take place quietly, one-on-one, in the coffee line or during lunch. Procurement has been on a two-year hiatus from these networking opportunities, so now that events are back on the calendar, what are CPOs talking about?

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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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Air cargo carrier for UPS expands operations in bid for autonomous flight

Supply Chain Dive

Xwing says data collected on piloted flights will allow it to accelerate the certification process for its "Superpilot" aviation software.

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How the Metaverse Has Changed Manufacturing

Supply Chain Brain

While for some companies the concept of digital twins may be new, others in the manufacturing space have been using them for years now, proving not just their effectiveness, but also their ability to drive innovation in an increasingly competitive economy.

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New and Noteworthy Categories on Thomasnet.com for August 2022

The Thomas Blog

Since industry is constantly growing and evolving, Thomasnet.com ® is too. Our platform has over 75,000 categories of products and services, from alloy to zinc, for professionals like you to source from. And thanks to our industry specialists, we are constantly researching and adding to our platform with new supplier categories to help you keep up with current market trends. 1.

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Technology Trends in Procurement

Una

5 Technology Trends in Procurement. By Hugo Britt | August 2, 2022. We like talking about savings in big numbers at Una , but even we are awed by the sheer scale of the procurement technology market. You may have had a hint of its size from the dozens of ads that pop up as you browse the internet, or the number of technology vendors clamoring for your attention at procurement conferences.

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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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UPS pilot program aims to deliver more packages in fewer stops

Supply Chain Dive

The initiative involves holding an order virtually until it can match another shipment going to the same address.

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Supply Chain Data Is Key to Solving Global Food Crisis

Supply Chain Brain

The world is experiencing a food crisis driven by a number of factors, including food waste, a shortage of goods and increased costs.

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How much more money will someone with a procurement certification make versus someone who doesn’t have one?

Procurement Insights

As you all know, I am a big believer in doing thorough research into a topic before writing about it. While this LinkedIn poll may not be an industry-wide exercise, it is invaluable because it provides an excellent starting point for a meaningful and long-overdue dialogue. In other words, and like the quality of a musical instrument’s sound is based on the musician playing it, when it comes to industry certification, its ultimate value is based on the professional who can apply the knowled

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SAP Ariba and the future of the source-to-pay suite: Ecosystems, complexity and a more holistic approach to evaluating procurement technology

Spend Matters

Categories: Market Intelligence , Procurement Systems & Architecture , SAP , Solution Providers , Source to Pay , Spend Management , Technology Tags: PRO The way businesses evaluate and buy software is beginning to evolve, and the vendors positioned to win in this new wave are those that embrace a mantra of customer-centricity, agility and “openness.

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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.