Sat.Jun 24, 2023 - Fri.Jun 30, 2023

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Supply Chain Weekly Wrap-Up 06/23/2023-06/29/2023

All Things Supply Chain

The US outlines strategy to bolster chips production The US Department of Commerce (DoC) has unveiled its strategic vision to enhance the semiconductor supply chain in the United States.

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Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change. At Ivalua, we recognized the need to stay ahead of these developments and organized our first annual Ivalua Summer Symposium in London on a wonderful sunny evening on the Thames to discuss

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Top 10 US Dropshipping Suppliers – Pricing & Reviews

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 10 US Dropshipping Suppliers — Pricing & Reviews The US dropshipping market reached an estimated amount of $15.64 billion during the pandemic and this year, its projected gain is $19.25 billion. By 2030, its expected CAGR ( Compound Annual Growth Rate ) is 7.75% ( $31.94 billion ).

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CPO SPOTLIGHT: AMANDA DAVIES

Procurement Heads

Amanda Davies is Chief Procurement and Sustainability Officer at Mars Wrigley and a member of the Mars Wrigley Global Executive Team, based in Chicago, Illinois.   In her current role, she is responsible for connecting the dots between Mars Wrigley’s sustainability goals and the needs of their supply chain.  Amanda oversees the environmental impact of more than 15,000 suppliers that Mars works with, while also unlocking the possibility that their suppliers and partners can bring into the busines

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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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The Amazing Supply Chain of Amazon

All Things Supply Chain

Amazon has now rose to fame being one of the most recognizable brands in the world. In this article we’ll discuss the amazing supply chain of Amazon.

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Finding Sushi at 7 am?

ABC of Procurement

Another challenging experience fulfilling a unique breakfast request for a client's flight. Discover how we overcame obstacles and delighted our customer The post Finding Sushi at 7 am? first appeared on ABC of Procurement.

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Recruiting within Procurement in a post-boom period

Procurement Heads

Procurement Heads’ Head of Industrial Practice Dan Goodson explores the obstacles encountered in these sectors and the scarcity of qualified candidates following the recruitment boom. Brexit and the COVID-19 pandemic led to increased recruitment activity in procurement across various industrial sectors due to a number of factors but namely a lack of availability of raw materials and specialist products.

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Meet Digit – The Future of Warehouse Automation

Art of Procurement

Agility Robotics recently released the latest version of their humanoid warehouse robot: Digit. Digit is 5 foot 9, weighs 141. The post Meet Digit – The Future of Warehouse Automation appeared first on Art of Procurement.

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Successfully Delivering Digital Twins for Supply Chain Management

Supply Chain Brain

Your supply chain’s digital twin is waiting for you; waiting to start the adoption process will only delay the realization of significant improvements in supply chain performance.

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10 Best Food Packaging Suppliers In The US – Reviews and Quality Pricing

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 10 Best Food Packaging Suppliers In The US — Reviews, Quality, and Pricing The packaging industry in the US shows a positive outlook as the country expects $193.13 growth in 2023. Its Compound Annual Growth Rate from 2023 – 2028 will be 2.88%.

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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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UPS strike ‘now appears inevitable,’ Teamsters president says

Supply Chain Dive

The union called on the company to provide "its last, best, and final offer" by Friday.

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The supply chain is the hub for creating new Constellations of Value

SCMR (Supply Chain Management Review)

Every business is on a tightrope between business and ESG performance. Making decisions that maintain your balance on the tight rope is only possible with rigorous internal collaboration and flexible, trusted suppliers in your constellation. Business growth by creating and retaining more happy and loyal customers is at the end of the tightrope.

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Top Ways A Sourcing Agent Can Help You

Procurement Freelancers

In today’s interconnected world, businesses are constantly looking for opportunities to expand their operations and… The post Top Ways A Sourcing Agent Can Help You first appeared on Procurement Blog | Procurement & Supply Chain News.

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Procurement Tracking – Everything You Should Know

Procurement Tactics

 Menu Course Library 1. Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes Access To All Unlimited access to all courses & templates Platform For Teams Procurement Tactics For Teams Where procurement teams build better skills, fas

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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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Amazon wants package delivery help from thousands of small businesses

Supply Chain Dive

"Hub Delivery" program partners, which could include businesses like florists or plumbers, will commit to delivering 20 to 50 packages daily for local customers.

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346: Enable and Empower Your Supply Chain, with WiseTech

Let's Talk Supply Chain

Today I’m joined by WiseTech Global – used by more than 18,000 logistics organizations, including 24 of the top 25 global freight forwarders and 43 of the top 50 global 3PL’s, they are one of the best-known tech brands in the industry. WiseTech are a leading developer and provider of software solutions to the logistics industry. Their global team of nearly 2,000 people is united in a mission to create breakthrough products that enable and empower those that own and operate the supply chains of t

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Baptist Health South Florida Triples Productivity by Optimizing Picking Through Voice and Work Orchestration

Supply Chain Brain

In 2015, Baptist Health South Florida, an internationally recognized healthcare network and one of the largest not-for-profit healthcare providers in the region, adopted a self-distribution strategy, to contain supply chain costs, reduce the amount of space used for inventory at hospitals and ultimately, help provide better care.

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Commodity Trading — Everything You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Commodity Trading — Everything You Should Know Commodity trading plays a vital role in the way of how our lives work and how the economy functions. Each of the essential resources that we consume every day is acquired through commodity trading.

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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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Temu, Shein dodge tariffs and customs scrutiny on their shipments, investigation finds

Supply Chain Dive

The two companies are using de minimis provisions to avoid paying duties on a large scale, according to a report from a U.S. House of Representatives committee.

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MassRobotics announces winner of Robotics Medal, names Rising Star

SCMR (Supply Chain Management Review)

Nancy Amato and Alyssa Nicole Pierson were honored by MassRobotics as the first winners of the Robotics Medal and Rising Star award, both part of the organizations recognition of the accomplishments of women in robotics.

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Watch: How Artificial Intelligence Is Revolutionizing the Supply Chain

Supply Chain Brain

Artificial intelligence is revolutionizing the supply chain, and Microsoft's entrant is Dynamics 365 Copilot, says Mike Bassani, general manager for supply chain at Microsoft.

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Top 9 Meat Suppliers In The US with Reviews and Pricing

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 9 Meat Suppliers In The US — Reviews, and Pricing The US Department of Agriculture announced that the meat production across the country is lower compared to the previous year’s output. The combined red meat and poultry production in 2023 is 107,144 million lbs ( an estimated 0.3% decline).

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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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Hannaford pushes back on activist calls to reform milk supply chain

Supply Chain Dive

As Migrant Justice urges the grocer to address alleged "widespread labor abuses" at its dairy suppliers, the chain said it does not think the organization’s proposals fix the “systemic and complex” issues facing workers.

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Digital transformation key attributes: Challenges, enablers & success factors

SCMR (Supply Chain Management Review)

When a company undergoes digital transformation, it integrates new technology throughout its operations to spur substantial shift. The most important fact for doing this is to improve effectiveness, enhance adaptability, and create brand-new value for the shareholders, customers and even employees.

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Five Governance and Stakeholder Alignment Factors to Ensure Supply Chain Solutions Implementation Success

Supply Chain Brain

Are you looking for a successful and seamless supply chain solutions implementation? Look no further. Governance and stakeholder alignment is key to success and several factors are important for that alignment.

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Top 10 US Wholesale Jewelry Suppliers

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 10 US Wholesale Jewelry Suppliers — Pricing & Reviews According to IBISWorld, the US wholesale jewelry market declines by 2.7% and the profit margin falls to 3.1% by revenue in 2023. This is due to the following top reasons: Economic uncertainty brought by the after-effects of Covid and high inflation rates, Price fluctuations of precious metals , the key

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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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At Colgate, supply chain and sustainability come from the same tube

Supply Chain Dive

The CPG aims to reduce plastic waste and its carbon footprint as part of its environmental strategy.

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Jaggaer: Vendor Analysis, 2023 update (Part 2) — P2P solution strengths and weaknesses, tech selection tips

Spend Matters

This second part in the three-part Spend Matters Vendor Analysis 2023 update focuses on the strengths and weaknesses of Jagger’s Procure-to-Pay (P2P) solution. We also look at the elements to consider when looking at Jaggaer as a potential solution provider. Part 1 of the series provides background on Jaggaer, an overview of Jaggaer’s P2P solution, a company-level SWOT analysis and profiles of competitors.

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United States: 2022 Cargo Theft Report

Supply Chain Brain

In 2022, 1,090 incidents of cargo theft were recorded in the US. In order to highlight the various factors behind these cargo crimes, Overhaul has released our 2022 Annual Report, which compiles data regarding stolen loads by product type and thefts by date, location, Modus Operandi (M.O.), value, and specific product.

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4 issues challenging the logistics market

SCMR (Supply Chain Management Review)

Supply chains continue to become more responsive, and providers are developing more solutions than ever, but there are still issues that industry stakeholders are battling.

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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.