Sat.Feb 11, 2023 - Fri.Feb 17, 2023

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What to Do When Supply Chains Break Your Heart

Una

What to Do When Supply Chains Break Your Heart Six helpful tips for what to do – and what NOT to do – when supply chains and supplier partners end up breaking your heart. By Anthony Clervi | February 14, 2023 Search We all know that supply chains can be fragile entities. Particularly in an era of Just-in-Time (JIT) supply management where businesses keep costs down by minimizing inventory, a supply chain only works so long as every link functions smoothly.

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When should I engage a procurement recruitment agency?

Procurement Heads

Whether you’re a small business owner or the HR manager of a large organisation, there are several situations when it makes sense to work with a recruitment agency. James Dobbin , Director of Procurement Heads ’ Financial & Professional Services offering, shares some of the most common reasons for engaging a recruitment agency and the benefits they can bring to your hiring process.

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How Businesses Can Mitigate Risk During a Supply Chain Crisis

Supply Chain Brain

It's vitally important for companies to understand every touchpoint in their supply chains and third-party relationships, to ensure they don’t link to transnational criminal organizations trafficking in war materials or money laundering.

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When are ESG initiatives bad for the supply chain?

Procurement Insights

Are ESG demands another threat to efforts to “unclog” port supply chains? This past summer, the biggest threat to the free and timely flow of goods through our ports was the possibility of a port workers’ strike. This compelling and insightful post by Dawn Tiura – here is the link is worth more than a quick read: [link] While a strike was averted – at least for the foreseeable future, this new LinkedIn Post by Michael Orlowski introduces a new and potentially g

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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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10 Key Criteria for Selecting Procurement Software

Procurement Software

I wanted to bring you the key criteria that you should consider when sourcing or considering a digital procurement solution. A lot of the best of lists and a lot of the white papers out there don’t really seem to consider these in their analysis. If you’re more of an audio person, we also ran a recent episode of the podcast covering some of these, which you can access here: What are the top 10 criteria to consider when buying procurement software?

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Supply Chain Weekly Wrap-Up 02/10/2023-02/16/2023

All Things Supply Chain

Germany looks to partner with Japan to Secure Raw Materials The German government wants to increase cooperation with Japan to help secure supplies of raw materials.

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CPO Spotlight: Sebastien Bals 

Procurement Heads

For Procurement Heads ‘ latest CPO Spotlight, Sebastien spoke with Rupert Gaster about his career, how CPOs can influence an organisation’s sustainability agenda and what key achievements he’s most proud of. How did it feel to be recognised once again in the CIPS Power List? It always gives a double feeling in my opinion. I don’t think that the recognition is a personal one because I would not be in a position to be on that list and be at the forefront of thinking if it were no

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Episode 102: Insuring Against Cyber Liability and Exposure with Shawn Edgington

Una

EPISODE 102 Insuring Against Cyber Liability and Exposure with Shawn Edgington By Kelly Barner | February 15, 2023 ‘Digital’ must be one of the most commonly used words in business conversations today. Its usage extends far beyond IT to include nearly every internal and external effort. With so many of a company’s assets and activities being conducted via digital platforms, why isn’t cyber security more frequently included in those conversations?

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How To Manage Supply Chain Risk in the Age of Unpredictability

Supply Chain Brain

Supplier diversification is among the most essential actions a business can take to survive a black swan event, but it requires prior planning.

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Falling truck rates give supply chains chance to cut costs

Supply Chain Dive

Lower demand in the spot market means “there’s no better time for a shipper to find efficiencies," a C.H. Robinson executive said.

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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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Reshoring is on the rise; how smart is your factory?

SCMR (Supply Chain Management Review)

Sustained labor cost advantages in Asia complicates the reshoring equation, but a smart factory that offers worker productivity improvements of three-to-five times that of foreign workers makes it financially viable.

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How to Save on Food Costs

Una

How to Save on Food Costs Learn how to save on food costs and how businesses can save money while preserving product quality and reducing administrative burdens. By Mackenzie Oakley | February 16, 2023 Search What if you could save money on food purchasing while increasing operational efficiency, all without sacrificing quality or adding to administrative burdens?

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Connected Data: The Foundation of a Resilient Supply Chain

Supply Chain Brain

In a highly connected and digital world, fragmented supply chains simply don’t work. Organizations today require end-to-end visibility, to compete and navigate the challenges that have recently plagued global businesses.

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How manufacturers can tackle supply chain costs in 2023

Supply Chain Dive

With budgets tightening in an uncertain economy, experts weigh in on how companies can plan for the year ahead and stay resilient.

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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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Navigating Emotional Expressions in Negotiation

Negotiations Ninja

Is emotional expressiveness important in negotiation? And if it is, what kind of emotions should you express? And can—or should—you control spontaneous emotional expressions? Spontaneous expressions and deliberate expressions come from separate motor neuron pathways. You don’t have full control over the spontaneous pathway like you do the deliberate pathway.

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Revisiting the Importance of Supplier Watchlists

Art of Procurement

When the Chinese surveillance balloon was finally ‘removed’ from the sky over the Atlantic Ocean on February 4th, we all. The post Revisiting the Importance of Supplier Watchlists appeared first on Art of Procurement.

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What to Expect in Network Connectivity for the Supply Chain in 2023

Supply Chain Brain

Supply chains need to look at technologies that can impact efficiency and productivity across multiple functions and tasks. One often-overlooked technology is wireless network connectivity.

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Importance Of Strategic Sourcing Consultants

Procurement Freelancers

Planning and strategy are necessary when sourcing goods from another nation. It is not like… The post Importance Of Strategic Sourcing Consultants first appeared on Procurement Blog | Procurement & Supply Chain News.

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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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Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities

SCMDOJO

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. This department manages the selection, acquisition, and payment of goods and services needed to run a business. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

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Bombardier works with suppliers to combat supply chain headwinds

Supply Chain Dive

The aircraft manufacturer has also increased material supply inventories and implemented a monitoring solution to mitigate potential disruptions.

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Why Heavy-Goods Shippers and Carriers Are Lagging in Adoption of Innovative IT

Supply Chain Brain

It’s tough enough, getting small packages into the hands of e-commerce shoppers with the efficiency and speed they demand today. But when heavy goods are involved? That’s a whole other challenge.

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MIT’s CLT looking for supply chain professionals for sustainability survey

SCMR (Supply Chain Management Review)

Massachusetts Institute of Technology’s Center for Transportation & Logistics is once looking to identify the current status of sustainability inside the supply chain and is asking global professionals to participate in its 4th annual survey.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Contify: Vendor Analysis — Market and competitive intelligence solution overview, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Market Intelligence , Procurement Systems & Architecture Tags: PRO In this Spend Matters PRO Vendor Analysis, we give an overview of Contify, a market and competitive intelligence platform that helps businesses track information concerning competitors, customers, suppliers and industry segments. Contify aggregates information from over 500,000 sources including online news, company websites, social media and customer-supplied internal sources.

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How the end of Maersk and MSC’s 2M alliance will shake up ocean shipping

Supply Chain Dive

Experts say that the split could prompt capacity shifts and lower rates as competition for customers heats up.

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Digital Twins in the Warehouse: Five Real-World Use Cases

Supply Chain Brain

The digital twin of a warehouse — a real-time, 3D virtual representation of an actual facility down to the space, people, equipment and inventory — lets operators monitor activity, respond instantly to disruption and model future scenarios to improve performance.

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Top trends in robotics in 2023

SCMR (Supply Chain Management Review)

The International Federation of Robotics says those trends range from improved energy efficiency to further adoption of artificial intelligence.

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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.

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Everstream Analytics: Vendor Analysis — Supply chain risk management solution overview, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Procurement Systems & Architecture , Supply Chain Management , Supply Risk Management Tags: PRO In this Spend Matters PRO Vendor Analysis, we give an overview of Everstream Analytics, a Supply Chain Risk Management (SCRM) solution built to provide customers with a visibility into supply chain risks that is both end-to-end and multi-tier.

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FedEx preps revamp of operations, networks for long-term savings

Supply Chain Dive

As demand plummets, the delivery giant seeks to save billions of dollars through its DRIVE program and Network 2.0.

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Podcast | Supply Chain Finance Today: It’s a Whole New Conversation

Supply Chain Brain

The conversation we’re having today about supply chain finance is a lot different than that of just a few years ago.

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Understand 'Friction-less' when Integrating Tax and Procurement Technology

Procurement Foundry

The irony of so-called “friction-less” procurement transactions is that creating a convenient, user-friendly customer experience requires difficult work behind the scenes.

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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.