Sat.Oct 05, 2024 - Fri.Oct 11, 2024

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Labor shortage and its impact on the supply chain

All Things Supply Chain

Imagine a bustling port, filled with cargo containers waiting to be loaded and shipped across the world. But instead of swift, efficient movement, operations have slowed to a crawl. Why?

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How Gilead segments suppliers for Scope 3 greenhouse gas emissions

Procurement Leaders

Challenge Pharmaceutical company Gilead has a well-established supplier emissions-reduction programme and science-based targets, but aims to increase its use of primary data – especially among suppliers it considers most critically important. While some of those vendors already have programmes in place, others need more support and encouragement. The Foster City, California-headquartered business has devised a segmentation model to ensure that engagement is focused where it will have the greates

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professionals

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Why Inventory Management Isn't Just for Christmas

Supply Chain Brain

If you’ve built up a reputation throughout the year for delivering on convenience, you will stand a much stronger chance of winning in the upcoming "golden quarter.

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CPO Crunch: The future’s bright

Procurement Leaders

I’m sure USAA CPO Russ Major (pictured above) won’t mind me sharing how excited he is about the future. We were speaking at Procurement Leaders’ Tomorrow’s Procurement Leader event in Austin, Texas, following his speech about the impact of his ongoing transformation at the $42bn-revenue insurance and banking group that serves current and former members of the US armed forces.

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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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Procurement Teams ‘Need to Think Ten Times Bigger’ DPW Founder Says

Supply Chain Brain

DPW predicts that 2025 will see a concerted drive towards a digital revolution in procurement, signaling a shift from operational technologies to more strategic, relationship-driven solutions.

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East and Gulf Coast Port Strike – Part 1

Art of Procurement

“Let me be clear: we don’t want any form of semi-automation or full automation. We want our jobs—the jobs we. The post East and Gulf Coast Port Strike – Part 1 appeared first on Art of Procurement.

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Data: The backbone of the modern supply chain

Supply Chain Dive

Discover how high-quality data powers the modern supply chain, enabling advanced technologies and fostering seamless collaboration.

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Unlocking the People Potential in Supply Chain

Supply Chain Brain

In this session, we will discuss how supply chains should harness the collective potential - meaning the potential of the individual, the community and technology to drive productivity, business growth and achievement of enterprise objectives.

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SCMDOJO vs CSCP Supply Chain Certification: My Personal Experience as a Supply Chain Professional

SCMDOJO

As someone deeply invested in the field of supply chain management, I’ve had the opportunity to explore and interact with various learning platforms throughout my career. Two of the most prominent platforms for learning in this domain are the CSCP Supply Chain Certification (Certified Supply Chain Professional), offered by the Association for Supply Chain Management (ASCM) , and SCMDOJO , a platform I’ve personally developed to address the gaps I identified in other learning environments.

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Spend Matters reveals the ‘50 Providers to Know,’ ‘50 Providers to Watch,’ ‘Future 5’ start-ups and ‘Hall of Fame’ lists for 2024

Spend Matters

After 12 months of intense assessment and debate, Spend Matters is delighted to release the 2024 ‘ 50 Procurement Providers to Know ’ and ‘ 50 Procurement Providers to Watch ’ lists. This year celebrates 11 consecutive years of these lists, released in conjunction with the sixth year of recognizing five innovative procurement tech startups — the Future 5 — and the newly launched Hall of Fame.

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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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Inside UPS’ push to double its healthcare logistics business

Supply Chain Dive

Acquisitions and organic growth will help the company reach the challenging goal by 2026, VP Daniel Gagnon told Supply Chain Dive.

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Green Hydrogen Will Be Far Costlier Than Estimated, Harvard Scientists Find

Supply Chain Brain

A growing number of countries are pushing to make hydrogen a key part of their emissions-cutting strategies, particularly for energy-intensive industries.

Strategy 112
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SCMDOJO vs CSCP Supply Chain Certification: My Personal Experience as a Supply Chain Professional

SCMDOJO

As someone deeply invested in the field of supply chain management, I’ve had the opportunity to explore and interact with various learning platforms throughout my career. Two of the most prominent platforms for learning in this domain are the CSCP Supply Chain Certification (Certified Supply Chain Professional), offered by the Association for Supply Chain Management (ASCM) , and SCMDOJO , a platform I’ve personally developed to address the gaps I identified in other learning environments.

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Ivalua: Vendor Analysis (Part 2) — P2P solution product-level strengths and opportunities, competitors and market analysis, voice of the customer, user considerations, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Ivalua’s P2P solution. We will also look at the voice of the customer and the elements to consider when looking at Ivalua as a potential solution provider. Part 1 of the series provided a history and overview of Ivalua’s P2P solution as well as Ivalua’s roadmap/vision.

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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.

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Amazon wants to hire 250K for the holidays again

Supply Chain Dive

For the second consecutive year, the company is planning a major round of hiring to sustain its fulfillment and transportation operations during its busiest quarter.

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Breaking the Supply Chain Bottleneck: Tackling 2024's Shipping Challenges

Supply Chain Brain

In an increasingly unpredictable global market, the ability to adapt quickly and make informed decisions will be key to sustaining efficient operations and meeting growing consumer demand

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DPW Remote Dispatch: To Build Or Not To Build In-House

Procurement Insights

EDITOR’S NOTE: Here is a quick synopsis from a session that speaks directly to my recent post: Is it time for practitioners to build their “own” ProcureTech solutions? Below are the highlights from Kearney’s presentation this morning. Have a read, and I will follow up with another post later today, sharing my thoughts. The survey was with 200 procurement executives (CPO, digital leads) in large companies (min 1bn majority was 5-20bn in revenue) In a nutshell, they almost considered t

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Webinar — Unmasking the tricks behind the 50/50 lists

Spend Matters

Join the Spend Matters Analyst Team on October 31 at 10:30 EST as they host “ Unmasking Procurement Excellence: A look at the 2024 Spend Matters 50/50 Lists ,” a webinar covering this year’s 50 to Watch, 50 to Know and Future 5 lists. Each year, the Spend Matters analysts spend months whittling down the hundreds of procurement solutions they have seen and demoed over the year into these three lists.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

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

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ILA’s outstanding issues center on automation, experts say

Supply Chain Dive

Jurisdiction, healthcare and container royalty are also pending further negotiations, the union’s President Harold Daggett said in a Friday letter.

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Why Manufacturers Are Failing in Their AI Initiatives

Supply Chain Brain

Artificial intelligence has the power to transform manufacturing — but the industry’s current strategy for implementing it is “deeply flawed.

Strategy 120
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Starbucks Experiments with Weatherproof Coffee

Procurement Bulletin

Handling the Supply Chain Talent Shortage Apparently there’s a shortage of talent in the supply chain and logistics fields, and universities are trying to catch up to providing adequate foundational knowledge in the area. The Bureau of Labor Statistics projects there will be a 19% increase in hiring within the logistics industry between now and 2033.

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Spend Matters Future 5 2024 – Introducing BlueBean

Spend Matters

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.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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LGBTQ+ adults would consider leaving employers that cut DEI, Human Rights Campaign says

Supply Chain Dive

HR teams must “return to the drawing board” on how they present the business case for DEI programs, one consultant told HR Dive.

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When Ports Go Silent: Proactive Supply Chain Strategies for Manufacturers

Supply Chain Brain

Most manufacturers believe they're prepared for supply chain disruptions because they have contingency plans in place. In reality, those plans are often fragmented and short-term in focus.

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Why do we hesitate to ask the honest, hard questions?

Procurement Insights

I am about to share an exchange with a notable industry analyst and personality that was quite frankly interesting, shocking, and disappointing. Now, right off the bat, I am going to tell you that I am redacting the person’s name in the hope that they will step forward. They should have no problem putting their name into this discussion if they feel good about what they are saying.

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Arkestro Earns Two Prestigious 2024 Future of Sourcing Awards

Arkestro

Press Releases / Arkestro Earns Two Prestigious 2024 Future of Sourcing Awards Arkestro Earns Two Prestigious 2024 Future of Sourcing Awards The leading predictive procurement company receives accolades in “Innovations in Sourcing” and “Innovations in Governance and Compliance” for its commitment to logistics innovation, leadership and digital transformation.

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The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.

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The ILA strike is over. What should shippers prioritize now?

Supply Chain Dive

While the strike was short-lived, it could take weeks to clear cargo backlogs and bring ports back to normal operations.

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Automation of Procurement Functions Could Make a Better World

Supply Chain Brain

Adoption of artificial intelligence and other innovative technologies is still at a rudimentary stage for most companies, said speakers at DPW Amsterdam.

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Globality Demo > The Road to the ProcureTech Cup: Episode 25-06

Procurement Insights

Right off the bat, I appreciate what Joël Collin-Demers does to get meaningful information to the market through his “The Road To ProcureTech Cup.” The fact that he can pack so much information into a 30-minute broadcast makes it highly accessible. Now, to the business at hand, there is the Globality demonstration. You can watch the on-demand replay of the demo below: GLOBALITY DEMO During the demo, I asked several questions: Here are the responses I received: Here is my take on the

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Does Your Path Lead to a Fractional CPO?

CPO Rising

It has been stated many times on Ardent Partners’ The Future of Work Exchange and CPO Rising websites how procurement plays a significant role in the Future of Work paradigm.… The post Does Your Path Lead to a Fractional CPO? appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Scaling Logistics for Success: A White Claw Story

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