Sat.Oct 01, 2022 - Fri.Oct 07, 2022

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1 in 5 businesses admit to greenwashing with half saying their sustainability efforts are failing, poll finds

Procurement Heads

A further one in four (24%) executives admit they do not know if their sustainability efforts are making any positive difference at all, and 20% say they are unaware if their business has any metrics in place to measure the effectiveness of their environmental initiatives in the first place. Only 19% of respondents believe that their business is making genuine progress on its sustainable initiatives.

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Cost savings vs cost avoidance: What’s the difference?

RPF360

Cost savings and cost avoidance are important strategies for procurement teams. Explore how you can differentiate between cost savings vs cost avoidance and see how you can reduce spend using both along with examples. The post Cost savings vs cost avoidance: What’s the difference? appeared first on RFP360.

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KPIs in Supply Chain — Everything You Should Know?

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. KPIs in Supply Chain — Everything You Should Know. KPIs in the supply chain are important as the supply chain is the backbone of any modern business. Without it, many companies will fail to deliver their products which will affect their profitability and brand. .

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Measuring the Right Supplier Performance Metrics

ProcurePort

• Quality and timely supplies lead to business process efficiency, increased accuracy, and improved productivity. Unfortunately, you cannot have quality and on-time supplies from your vendors without a well-defined, streamlined, and effective procurement and requisition strategy. • Selecting the best suppliers is the first step to getting quality, affordable, and timely deliveries.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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Up Your Warehouse Productivity with These New Communication Trends

All Things Supply Chain

Every warehouse manager understands how important communication is to the daily activities of the institution.

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Data reveals Gen Z rely on the traditional office more than any other generation

Procurement Heads

Gen Z crave in-person socialisation The data, from global workplace creation experts, Unispace, taken from a study of 3,000 office workers, one-third of which were in the earlier stages of their career, also revealed that the majority (79%) of Gen Z respondents felt more active when working in the office, while among older workers this figure sits at 66%.

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Supply Chain Sourcing and Buying 101

ProcurePort

• There is a lot of work that goes into a company’s sourcing and buying activities beyond just the transaction. In many cases, the nature of the transaction and the intended frequency of purchase will dictate the sourcing process. • The fact that information is available and firms can source globally also complicates the sourcing […]. The post Supply Chain Sourcing and Buying 101 appeared first on ProcurePort Blog.

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Illegal fishing and its impact on the supply chain

All Things Supply Chain

Already today, about 60% of the world’s fish stocks are fished to their capacity limits.

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How Artificial Intelligence Bolsters Global Supply Chains

Supply Chain Brain

The continued disruption of supply chains suggests that the challenges of the COVID-19 era have been more than a blip in an otherwise stable period of global business. It’s time to take proactive action to prepare.

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What Business Structure Should You Choose For Your Startup?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 6 Ways to Attract Investors to Your Startup Business! One important thing you need to decide when setting up your startup is what type of business structure to choose. There’s no right or wrong answer. The structure you pick will very much be determined by your specific business and your goals.

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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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What is the Role of Suppliers in Supply Chain Management?

ProcurePort

• Efficient and well-ordered suppliers are worth their weight in gold. In an increasingly competitive world, establishing favorable relationships with such high-caliber suppliers is imperative for good business. • But who or what are suppliers? And why are they so important? • In this post, we are going to answer two major questions: What are […].

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Corrugated boxes: The ultimate circular economy

Supply Chain Dive

Circularity is the epitome of sustainable materials management – linking all life cycle stages for production, use and reuse of materials to protect the environment.

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The Trucking Industry Needs to Prepare for the Q4 Retail Boom

Supply Chain Brain

Retailers are stuck with questions: What happens if there aren’t enough drivers to transport products on time? How do we get more drivers with profits down? And how do we provide a cushion for elevated diesel costs?

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6 Logistics KPIs Attributes That are Essential

SCMDOJO

Logistics KPIs (Key Performance Indicators) measure how well an organization logistics function is performing. They’re used to evaluate the effectiveness of operations and identify areas for improvement. Logistics KPIs examples can vary from Basic 5 Logistics KPIs to a detailed list of 47 , which you can get from here. Logistics is the central system that controls physical inventory flow in a supply chain.

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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

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Month-end close process: how to make accounting more efficient

Spendesk

Accountancy is the job that’s never finished. Whether you’re preparing for tax returns, presenting financial reporting data, or indeed performing month-end close, there’s barely a chance to breathe.

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Walmart GoLocal exceeds 5,000 delivery locations, outpacing company targets

Supply Chain Dive

The retailer plans to “double down” on its white-label delivery service in its second year, a GoLocal exec said in an interview.

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The Reality, Promise and Limits of Artificial Intelligence

Supply Chain Brain

Just what is artificial intelligence, anyway? In its ultimate form, will it model, augment or replace human thought?

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Buying Group vs Group Purchasing Organization

Una

Buying Group versus Group Purchasing Organization. By Mackenzie Oakley | October 4, 2022. In the procurement and sourcing world, there are several terms that seem to be used interchangeably when attempting to increase buying power and save money: buying group, group purchasing organization, purchasing cooperative, purchasing group. All of these separate entities serve a common purpose, so is there really a difference between them?

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Year-end accounting checklist: How to close the fiscal year

Spendesk

The end of the fiscal year is a critical time for finance teams. Each year, finance professionals bury their heads in the books to prepare their end-of-year accounts, statements, and financial reporting.

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Ocean carriers up blank sailings to brace for softening October demand

Supply Chain Dive

Shipping lines are strategically skipping ports and voyages to control capacity and influence rates after China's Golden Week.

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Watch: What Are E-Commerce Customers Demanding Today?

Supply Chain Brain

It isn't all about speed, says Satish Natarajan, founder and chief executive officer of DispatchTrack. E-commerce shoppers are more concerned about communication.

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Better Waste Management for the Environment!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Optimizing Waste Management in the Warehouse! It’s a fact that recycling and better waste management are important to the environment. But they’re also important to supply chains. Recycling keeps materials out of landfills, which reduces their size and helps them decompose more quickly.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Episode 85: Revolutionizing the Acquisition Experience with Jaime Gracia

Una

Episode 85: Revolutionizing the Acquisition Experience with Jaime Gracia. By Kelly Barner | October 5, 2022. When you think about frictionless procurement and leading customer experiences, the federal government is probably not the first entity that comes to mind. And yet, the work that they are doing internally and in collaboration with their supply partners is truly transformational.

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How Feeding America is using inventory visibility tools to improve the flow of donations

Supply Chain Dive

Smarter Sorting is working with the nonprofit to ease the product sorting process for retailers as they look to scale donations.

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Five Mistakes Companies Make in Managing Supply Chain Risk

Supply Chain Brain

T he pandemic has inflicted serious damage in the last two and a half years, but there may be a silver lining for companies smart enough to take advantage of the opportunity to develop a more resilient supply chain. .

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Digital Marketing Tips Guaranteed to Increase Your Profits!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Hiring a Digital Marketing Agency! Is it a Good Move? One of the most powerful marketing techniques of the modern day is that of digital marketing and, as a result, every business owner and manager across the country and beyond needs to always stay ahead of the latest trends with digital marketing tips.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Fresh food supply chain: Special procurement challenges require special approach

Spend Matters

Categories: Procurement Systems & Architecture , Supply Chain , Supply Chain Management , Supply Chain Visibility Tags: EU , procurement systems and planning Food is a universal commodity, and most people take the fresh food supply chain for granted. Shoppers walk into a favorite grocery store, never thinking about how that produce made the trip from field to grocery cart.

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Butter supply constrained with some producers forgoing churning

Supply Chain Dive

Declining milk production coupled with high demand for seasonal products are driving up the price of butter.

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Mississippi River Drought Imperils Trade on Vital U.S. Waterway

Supply Chain Brain

Drought has depleted river water levels so much that in some spots barges are getting stuck, and low water levels are causing severe impacts to navigation not seen since 1988.

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How to Achieve a More Sustainable and Environment Friendly Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Start Your Business’ Sustainability Journey in 5 Steps! A sustainable and environment friendly supply chain is a key component for any successful business. It helps companies to manage their resources more efficiently, reduce costs, improve quality and increase productivity.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr