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.

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From Rigid To Resilient: Why Enterprises Need Shopify's Modular Commerce Now

Speaker: Benjamin Woll

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Shopify’s modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how Shopify’s composable approach helps modernize commerce stacks while maintaining control over critical systems.

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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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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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Latest data reveals more is needed to attract candidates to the pharma sector

Procurement Heads

Broadbean’s statistics also reveal a 25% decline in the number of applicants year-on-year between June 2021 and June 2022. This drop in qualified resources has been a concern for some time, with specialist pharmaceutical roles being added to the Home Office’s shortage occupation list in March 2021, making it easier for international experts to apply for a skilled worker visa through the UK’s immigration system.

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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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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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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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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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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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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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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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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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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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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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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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Port Authority of New York, New Jersey plans dwell fee to cull empties

Supply Chain Dive

Ocean carriers will be subject to a fee beginning Sept. 1 as the port looks to better handle record import volumes.

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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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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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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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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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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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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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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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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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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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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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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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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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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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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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Better buys: How CIO leadership impacts the enterprise IT procurement process

Supply Chain Dive

Faster, leader-driven decisions on tech purchases correlate with happy tech customers, Gartner research shows. With budgets tightening, CIOs can make this happen.

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Spend Matters VP Research is nominated SIG Future of Sourcing Awards “Rising Star“ finalist 

Spend Matters

Categories: Breaking News , Conferences , Industry Analysts Tags: General News Excitement at Spend Matters HQ today as our own VP of Research, Nick Heinzmann, is nominated as a Rising Star finalist in the Sourcing Industry Group’s (SIG) 2022 Future of Sourcing Awards. These annual awards recognize organizations and individuals that are transforming, leading and innovating in categories critical to the sourcing, procurement and supply industry.

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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.