Tackling Child Labor in Global Supply Chains
All Things Supply Chain
OCTOBER 14, 2024
Imagine walking into your local supermarket and picking up a bar of chocolate or a new smartphone without a second thought.
Sat.Oct 12, 2024 - Fri.Oct 18, 2024
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CPO Crunch: Keep calm and carry on
Procurement Leaders
OCTOBER 14, 2024
There are so many powerful and disruptive forces in play globally in the modern era that the volume of alerts, red flags and supply chain issues can soon become dizzying. CPOs are in the eye of the storm, managing disruption after disruption – from extreme weather to port strikes to out-and-out war. And these past two weeks have had all of these and more.
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GM invests $625M in lithium production capacity
Supply Chain Dive
OCTOBER 18, 2024
The automaker is partnering with Lithium Americas to develop the Thacker Pass Mine in Nevada, where GM agreed to buy up to 100% of lithium produced for 20 years.
Tips for Surviving in a Brave New World
Art of Procurement
OCTOBER 17, 2024
In 1932, Aldous Huxley published the book Brave New World. At the time, the actual world was perched between World. The post Tips for Surviving in a Brave New World appeared first on Art of Procurement.
State of AI in Sales & Marketing 2025
Advertiser: ZoomInfo
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Tariff Tensions Between China, U.S. Spark 'Sharp Change' in Trade With Mexico
Supply Chain Brain
OCTOBER 17, 2024
Vesselbot's data shows that Mexico's Manzanillo Ensenada and Lazara Cardenas ports have seen record-breaking container volumes over the last year.
Who owns ‘Risk?’ – Procurement vs other functions
Spend Matters
OCTOBER 16, 2024
Continuing our third-party/supply chain risk management (TPRM/SCRM) series, today let’s address the question of ‘who owns risk?’ In the past, risk ownership has been addressed in a straightforward operational manner: IT owned cyber risk, finance guarded financial risk and so on. While this functional silo approach is simple, it is inadequate in today’s interconnected business… This content is for members only.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
More Trending
An Effective Productivity Tool – Cash Conversion Cycle
SCMDOJO
OCTOBER 15, 2024
What do you often think about business growth? What is the heck behind lean productivity, profitability, and good relations with suppliers and customers? This is how Cost and value are distributed throughout the Supply Chain. Business Growth, Profitability, and internal and external customer relationships solely depend on Cost. Even so, the game-changer in the fast-paced business world is how well you manage the Cash Conversion Cycle throughout the Supply Chain.
Watch: Is the U.S. Competing With China in EV Battery Production?
Supply Chain Brain
OCTOBER 17, 2024
Jeremy Michalek, director of Carnegie Mellon University’s Vehicle Electrification Group, describes the impact to date of the Inflation Reduction Act (IRA) on efforts to reduce U.S. automakers’ dependence on China for electric vehicle battery production.
Zoom in on Financial Risk
Spend Matters
OCTOBER 16, 2024
Financial risk relates to the possible financial problems faced by a buying organization’s suppliers, its suppliers’ suppliers (and so on) or other third parties. In an extreme case, the supplier or third party may go out of business, causing a short- or longer-term interruption to supply. But even if matters don’t go that far, what the buyer might begin to observe in the face of a supplier’s impending failure is a decline in quality and timeliness of service, requests for early invoice payments
USPS looks to end dual shipping labels
Supply Chain Dive
OCTOBER 16, 2024
The agency submitted a proposal to eliminate the practice as it transforms its relationships with shipping partners like UPS and DHL.
Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains
Speaker: Ethan Woolley, Director at Kharon
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
Tips for Effective Industrial Equipment Maintenance
SCMDOJO
OCTOBER 15, 2024
Industrial equipment is exposed to constant wear-and-tear and they may deteriorate faster than expected when it’s not properly maintained. As investments, these machines cost you a lot of money to procure and the least you could do is allow them to get damaged, leading to unwanted repair costs on top of having to buy expensive replacement parts. The lack of effective maintenance can also lead to problems in the production line.
How CPG Brands Can Move Beyond Price Hikes to Fuel Revenue Growth
Supply Chain Brain
OCTOBER 16, 2024
The consumer packaged goods industry finds itself at a critical juncture with 2025 on the horizon.
Spend Matters Future 5 2024 — Why we chose ivoflow
Spend Matters
OCTOBER 17, 2024
Spend Matters is delighted to announce the 2024 roster for our ‘Future 5’ list. For the sixth year in a row, our analysts have highlighted five start-ups that excited them the most. This year, the five companies that have proven themselves as potential future trend setters are BlueBean , Covalyze, HaloAi , Ivoflow and True ValueHub. To warrant such attention, these vendors must have a product that is ideally two to five years old, is used by more than five customers and displays an innovative ap
Honda supply chain woes had little impact on September sales
Supply Chain Dive
OCTOBER 18, 2024
While the disruptions from Hurricane Helene have subsided, retooling efforts for Ohio EV production are still hampering its manufacturing activity.
The 2025 Annual ProcureCon CPO Report
Advertiser: GEP
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
Optimizing Procurement Outcomes with Next-Gen GEP Strategies
Procurement Freelancers
OCTOBER 17, 2024
Is buying stuff for your company super hard? You’re not alone. Buying things, paying the… The post Optimizing Procurement Outcomes with Next-Gen GEP Strategies first appeared on Procurement Blog | Procurement & Supply Chain News.
Holiday Season Will Bring Lower Prices, Leaner Supply Chains, Survey Finds
Supply Chain Brain
OCTOBER 15, 2024
With only 27 days between Thanksgiving and Christmas, this holiday shopping season is shorter than normal, prompting consumers to avoid the last-minute shopping spree
Spend Matters Future 5 2024 — Introducing ivoflow
Spend Matters
OCTOBER 17, 2024
Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them. For the Future 5, Spend Matters analysts scour the market to find new specialist solution providers that can answer a burning need of procurement practitioners today.
Why apparel companies embrace supplier scorecards
Supply Chain Dive
OCTOBER 17, 2024
The tool can help build more transparent sourcing relationships and better measure supply chain metrics.
Future-Proofing Enterprise Commerce: Why Extensibility Wins with Shopify
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is evolving fast, and brands relying on rigid, one-size-fits-all solutions risk losing agility. But modernization doesn’t have to mean disruption. In this webinar, we’ll explore how an extensible, modular approach empowers brands to integrate new capabilities, enhance performance, and scale efficiently—all while leveraging Shopify’s strengths.
Scuffing Apples: A Milillenial Scolds A Boomer For Being Too Harsh
Procurement Insights
OCTOBER 13, 2024
“ Jon W. Hansen – We at least agree on the problem (~80% transformation project failure rate)… But clearly, we don’t agree on the way forward. I am for the carrot. You are for the stick. It’s as simple as that… Sticks have a way of leaving splinters.” – Joel Collin-Demers, LinkedIn Comment (October 12th, 2024) The above admonishment I received from a young procurement colleague for my review of the Globality demo suggesting that I had somehow subje
Global Inventory Trends and Challenges Shaping SMBs
Supply Chain Brain
OCTOBER 17, 2024
Netstock’s new inventory management 2024 benchmark report provides businesses with data needed to measure their performance against industry peers, identify areas for improvement, and set realistic, actionable goals.
Why Do We Have to Bother With Transactional Costs?
The Good Spending
OCTOBER 14, 2024
The true cost of a Purchase Order In today's business environment, transactional efficiency in procurement processes is crucial in maintaining smooth operations and optimizing costs. One of the most common aspects of procurement is processing purchase orders (POs). Whether running a small business or a large enterprise, understanding the cost per PO is essential for identifying inefficiencies and improving the transactional cost.
As FedEx and UPS surcharges grow, competitors see an opportunity
Supply Chain Dive
OCTOBER 15, 2024
Added fees from the delivery giants are clashing with heightened shipping discounts, but customers have options to limit the impact, experts say.
The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report
Advertiser: ZoomInfo
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
“I Had To Jon, There Was No Money Or Management”
Procurement Insights
OCTOBER 18, 2024
Is another Solution Map Star falling? The following is a message I wrote to someone in our industry for whom I have great respect. I will not provide specific details because of respect for this individual and the solution provider they worked with. But I will say that this was a needless occurrence brought on by the fear of getting left behind in the GenAI “Hype Cycle.” A cycle in which solution providers were given little choice but to proclaim “we are now a GenAI companyR
Indonesia Forms $1.2B Battery Venture with China’s CATL
Supply Chain Brain
OCTOBER 17, 2024
The project in Karawang, West Java, aims to scale up battery production to 15 gigawatts a year.
Emerj: Driving Analytics Efficiencies and Insights in F&B Procurement
Arkestro
OCTOBER 18, 2024
This interview analysis is sponsored by Arkestro and was written, edited, and published in alignment with our Emerj sponsored content guidelines.
Global disruptions, e-commerce drive September air cargo volumes
Supply Chain Dive
OCTOBER 16, 2024
Extreme weather and labor unrest are putting shippers and forwarders to the test, making October a 'whole new ballgame,' said Xeneta’s Niall van de Wouw.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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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.
Problem-Solving, Agent-Based Modelling And What A ProcureTech Demo Should Do
Procurement Insights
OCTOBER 17, 2024
Jon W. Hansen It seems that many vendors underestimate the importance of their unique selling proposition and how it matches our needs and set them apart. – To make a decision and defend it to top management, we as procurement professionals need clear, compelling evidence of value. Many vendors are beginning to recognize this and ask us for our input to improve their presentations, offers, and demos. – I also recommend using an Agile Procurement Approach for selecting suppliers.
The Role of Supply Chain Planning Leaders in Change Initiatives
Supply Chain Brain
OCTOBER 15, 2024
While many recognize the need to upskill and reskill supply chain planners, most aren't placing enough emphasis on building planners’ confidence and giving them the space to innovate.
CPO Rising Listicle: Replacing an Incumbent Supplier? Here are Six Considerations
CPO Rising
OCTOBER 18, 2024
Fridays (in 2024) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help… The post CPO Rising Listicle: Replacing an Incumbent Supplier? Here are Six Considerations appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Volkswagen opens port facility in Texas
Supply Chain Dive
OCTOBER 15, 2024
Up to 140,000 vehicles for Volkswagen and its brands like Audi and Porsche will be processed annually at Port Freeport to support Central and Western U.S. dealers.
Brace for Impact. Unpredictable Tariff Disruptions Are Here––Your Playbook
Advertiser: GEP
Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
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