All Things Supply Chain
MARCH 18, 2024
Ever since the horse and cart was replaced by its motorised successor, the humble diesel truck has evolved each year to become an increasingly efficient machine, capable of carrying heavier…
Supply Chain Dive
MARCH 20, 2024
Consulting experts, prioritizing data analytics and highlighting sustainability efforts can help ensure reliable operations in the face of global disruption.
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Art of Procurement
MARCH 21, 2024
The last few years have not been kind to retailers. Inventory misalignment has dragged down revenue and working capital. Companies. The post Treasure Hunting with TJX appeared first on Art of Procurement.
Procurement Leaders
MARCH 18, 2024
A few weeks ago, I wrote about how procurement, R&D and sustainability were being rolled under one leadership at Mars Wrigley. It’s a fascinating blueprint for how procurement is being viewed as a catalyst for sustainability – supporting the strategic involvement of suppliers in product development while embedding ESG across core business, and I’ll be watching developments with interest.
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Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.
Supply Chain Brain
MARCH 19, 2024
Geopolitical risks are disrupting global supply chains and compelling business leaders to take third-party risk management more seriously.
Supply Chain Dive
MARCH 22, 2024
Risks ranging from Red Sea disruptions to Panama Canal restrictions keep fueling shipper diversions to the West Coast port.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Spend Matters
MARCH 20, 2024
Procurement has not been immune to the latest evolution in technology. While initial automations initially increased process velocity by taking over more tactical, repetitive tasks, they gradually evolved to cover more complex ones. At first, these only required more analytical activities to augment human workers, but they eventually evolved from predictive and prescriptive analytics towards more embedded and autonomous analytics that directly help execute the workflows.
Supply Chain Brain
MARCH 17, 2024
When it comes to assessing supply chain risks, planners generally don’t place natural disasters at the top of the list. But with the growing number of extreme weather events, that could change in the coming years.
Supply Chain Dive
MARCH 22, 2024
The plan to integrate its separate Express and Ground delivery networks will help close a key gap with UPS, one executive said.
SCMR (Supply Chain Management Review)
MARCH 20, 2024
The COVID pandemic accelerated the adoption of online supply chain education. Today, organizations and employees have their choice of online, in-person or hybrid learning environments, but there is no one-size-fits-all approach.
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?
Let's Talk Supply Chain
MARCH 21, 2024
Q2 is just around the corner. 2024 has brought a fresh sense of urgency to the global supply chain amidst growing regional wars and tensions, and calls from climate scientists have kept sustainability initiatives a top priority. Rising sea levels and major American metropolitans slowly sinking have climate scientists on high alert and raising the alarm for government and commercial organizations.
Supply Chain Brain
MARCH 20, 2024
Including same-day delivery options is good for business, bringing long-term, strategic benefits that should counter the typical six-figure cost of setting it up.
Supply Chain Dive
MARCH 22, 2024
The company is pursuing a new air transportation deal that would align with its ongoing network overhaul, Chief Commercial Officer Brie Carere said.
SCMR (Supply Chain Management Review)
MARCH 19, 2024
Most companies resist employee turnover, but embracing it can offer advantages to organizations, including lower onboarding costs.
Advertiser: GEP
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.
The Thomas Blog
MARCH 21, 2024
Lead scoring is a strategy used to rank prospects according to their potential to become customers. It involves assigning numerical scores to each lead based on various attributes, including: demographic information, engagement with the brand's digital presence, and other behaviors indicative of their interest. This system helps sales and marketing teams prioritize leads, tailor their outreach strategies, and ultimately, improve conversion rates.
Supply Chain Brain
MARCH 19, 2024
The research identified that more than half of consumers surveyed globally (56%) are dissatisfied with their retail digital commerce experiences.
Supply Chain Dive
MARCH 22, 2024
Leaders and managers need hybrid-related skills such as establishing team or meeting norms to support the shift, according to TechSmith.
SCMR (Supply Chain Management Review)
MARCH 18, 2024
Good reporting standards should be part of an organization’s policies and guidelines. Don’t wait until someone asks, and don’t force someone to be an exception: make sure that your data visualizations can be read by all those who receive them.
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
SCMDOJO
MARCH 19, 2024
In today’s increasingly eco-conscious world, understanding the environmental impact of our actions is paramount. This is where the Life Cycle Inventory (LCI) comes into play. A comprehensive analysis of the energy and material inputs, outputs, and environmental impacts associated with a product’s life cycle, LCI helps us unlock valuable insights into sustainable practices.
Supply Chain Brain
MARCH 18, 2024
The trend toward curbside pickup complicates the exercise of determining where tax should be collected, and the rate at which it should be applied.
Supply Chain Dive
MARCH 19, 2024
The company is looking to find a buyer quickly, as its "assets are basically melting ice cubes — they are losing money," a lawyer said.
Procurement Bulletin
MARCH 17, 2024
US Plans to Launch AI in Manufacturing Institute The U.S. government is launching a competition to create a new institute focused on using artificial intelligence (AI) to strengthen American manufacturing. This institute, overseen by the National Institute of Standards and Technology (NIST), will receive $70 million from the government over five years, with additional funding expected from private and other non-government sources.
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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.
Spend Matters
MARCH 18, 2024
Last week, Spend Matters attended Ivalua’s annual EMEA conference in Paris. Like every year (except during the peak of Covid when the event was 100% virtual), Ivalua selected a prestigious location: Versailles. The event was held at the Palais des Congrès in Versailles, just a few meters from the Palace of Versailles. Titled ‘Procurement [RE]Imagined,’ this two-day event explored how new technologies enable procurement to do previously impossible things.
Supply Chain Brain
MARCH 21, 2024
Cold-storage operators today are looking for sustainable, long-term investments that can satisfy changing consumer demands, while complying with strict regulations.
Supply Chain Dive
MARCH 22, 2024
Heather Ostis will focus on improving supplier performance and building network resiliency, among other goals.
SCMDOJO
MARCH 19, 2024
Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business.
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.
Procurement Insights
MARCH 20, 2024
The February 9th, 2024, Inc. article headline reads, The 5 Biggest Hurdles for CEOs in 2024 : With the next growth cycle just out of arm’s reach, CEOs must first confront these challenges. So, what are the five hurdles that keeps CEO’s up at night? Economic uncertainty Access to capital Leadership and management challenges Talent management and workforce issues The impact of technology When you read the article, you will note that neither procurement nor supply chain pops up It doesn
Supply Chain Brain
MARCH 19, 2024
While two years may seem like ample time to prepare, the reality is that it takes careful planning and multiple steps to implement advanced track and trace technology.
Supply Chain Dive
MARCH 22, 2024
The solution helps automate validation and reduce errors in the company’s facilities.
SCMDOJO
MARCH 19, 2024
In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth. But how exactly can businesses achieve this level of efficiency?
Advertiser: GEP
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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