Sat.Oct 26, 2024 - Fri.Nov 01, 2024

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Supply Chain Efficiency: Best Practices for Waste & Sustainability

All Things Supply Chain

Organizations navigating increasingly complex global networks have discovered that integrating sustainable practices has multiple key benefits. Sustainability can drastically slash waste, streamline operational efficiency, and even improve employee engagement.

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CPO Compass 2025

Procurement Leaders

Procurement Leaders provides independent strategic research, category intelligence and access to a unique global community aimed at uncovering innovations and driving value.

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Trending Sources

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Creating a B2C to B to C Improvement Cycle at Walmart Business

Art of Procurement

Whenever I find out that a company – or a person – decided to do something new in 2020 or. The post Creating a B2C to B to C Improvement Cycle at Walmart Business appeared first on Art of Procurement.

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General Dynamics Q3 aircraft deliveries hampered by supplier issue

Supply Chain Dive

The aerospace company said G700 deliveries fell far short of expectations last quarter due to component exchanges and late engine shipments.

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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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Mastering the Halloween Rush: Seasonal Inventory Tips

All Things Supply Chain

Last year, Halloween brought neighborhoods to life with lookalikes of Barbie, Spider-Man, and Indiana Jones lookalikes, all inspired by the year’s top trends.

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Break out of the blue-chip bubble

Procurement Leaders

Last week’s World Sustainability Congress in Amsterdam was an energising experience for many reasons and a reminder of the huge amount of work that CPOs must do to ensure we progress against ESG targets. I was fortunate to have the role of cohost for the event and was left inspired by the level of passion in the room. But I am also convinced that we must do more as a procurement community and profession to accelerate progress.

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UPS cuts daily volume capacity by 1M in efficiency push

Supply Chain Dive

The carrier has closed nine of its buildings this year and shifted more volume to automated hubs, according to company executives.

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Spend Matters Future 5 2024 – Introducing True ValueHub

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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Research: Strategic Planning Primer 2025

Procurement Leaders

The study highlights the thinking of 83 CSOs and senior sustainability decision-makers and will assist them in developing their ESG strategies.

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Making the Case for TMS: Driving Supply Chain ROI

Supply Chain Brain

This whitepaper helps uncover the key areas that consistently deliver savings, value and continuous improvement in your supply chain and across your business to support your business case.

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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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Amazon’s inbound fulfillment process is getting a makeover

Supply Chain Dive

CEO Andy Jassy said initial efforts to improve inventory placement are bearing fruit while more investments are underway.

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Spend Matters Future 5 2024: Why we chose True ValueHub

Spend Matters

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 , ivoflow, Covalyze, Halo Ai and True Value Hub. To warrant such attention, these vendors must have a product that is ideally 2 to 5 years old, is used by more than five customers and displays an innovative applic

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Boost Your Business with Procurement and Sourcing

Procurement Freelancers

Does it feel like your business is spending too much money? You’re not alone. Think… The post Boost Your Business with Procurement and Sourcing first appeared on Procurement Blog | Procurement & Supply Chain News.

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Watch: ‘The Proximity Premium’: Can Nearshoring ‘Shockproof’ U.S. Supply Chains?

Supply Chain Brain

Two analysts from KPMG discuss the findings of the firm’s new survey of changing sourcing strategies by U.S. supply chain executives.

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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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Wayfair to close returns center in Kentucky

Supply Chain Dive

Taking effect at the end of 2025, the move will also impact an outlet store at the same location as the company trims expenses.

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Autogmentation Part 5: A detailed examination of GenAI features in procurement tech

Spend Matters

Procurement activities and tasks are operational, tactical and strategic. Therefore, depending on the technology used and the processes digitized, the impact of technology can be divided into automation and augmentation, with augmentation being more ‘autogmentation’ [/aw-tog-men-tay-shun/] as we call it. Traditional AI enables organizations to tackle more complex use cases and follow the path to ‘autogmentation,’ which focuses on augmenting human intelligence and knowledg

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How MTSS Platforms Can Prepare the Next Generation of Supply Chain Professionals

SCMDOJO

The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. As businesses strive to enhance efficiency, resilience, and sustainability, the demand for skilled supply chain professionals has never been higher.

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The Parcel Shipping Headaches That Never Go Away

Supply Chain Brain

Every year, costs will increase, waste will need to be reduced, and sustainability standards will determine how orders are packaged and shipped across the globe. What’s certain is that shippers will be dealing with these challenges for the foreseeable future.

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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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Starbucks ramps up supply chain investments for climate resilience

Supply Chain Dive

The company is buying two innovation farms in Central America to advance research to protect its coffee supply.

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Onventis: Vendor Analysis (Part 2) — Source-to-pay product-level strengths and opportunities, voice of the customer, competitors and market analysis, user considerations, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Onventis’ source-to-pay (S2P) solution. We also look at the voice of the customer and the elements to consider when looking at Onventis as a potential solution provider. Part 1 of the series provided a history and overview of the Onventis source-to-pay solution.

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How a Procurement Consultant Can Help You in Smarter Sourcing

Procurement Freelancers

Sourcing the right products and services can make or break a business. Whether you’re in… The post How a Procurement Consultant Can Help You in Smarter Sourcing first appeared on Procurement Blog | Procurement & Supply Chain News.

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Supply Chain Flexibility and Efficiency: A Delicate Balance

Supply Chain Brain

There is general consensus that smart factory tools will transform the way that products are made within five years. What’s less clear is how and where to deploy them.

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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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3M pushes for better delivery performance

Supply Chain Dive

The manufacturer is pursuing a 90% or higher on-time, in-full rate as it battles supply chain inefficiencies across its vast network.

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Autogmentation Part 5: A detailed examination of GenAI features in procurement tech

Spend Matters

Procurement activities and tasks are operational, tactical and strategic. Therefore, depending on the technology used and the processes digitized, the impact of technology can be divided into automation and augmentation, with augmentation being more ‘autogmentation’ [/aw-tog-men-tay-shun/] as we call it. Traditional AI enables organizations to tackle more complex use cases and follow the path to ‘autogmentation,’ which focuses on augmenting human intelligence and knowledg

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Follow up to yesterday’s “Do you see what I see in this screenshot” post

Procurement Insights

What do you see in the graphic below? – [link] Here is what I see: Best of Suite – In theory, end-to-end back-end platforms consisting of multiple Best of Breed front-end bolt-on ProcureTech solutions. (Think Mendocino Project, DUET, and Microsoft Office concept) Best of Breed – Bolt-on systems transformed to front-end Apps (up to 75% of which will be gone by the end of 2025 via acquisition, absorption, or closing down) Build Your Own Suite – The early stages of the Agent

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Killing the ‘Ghost Jobs’ Legend in Manufacturing

Supply Chain Brain

Here are three things that smart manufacturers are doing to improve the work-life balance of employees, eliminate "gray work," and fill labor gaps.

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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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Amazon warns of West Coast capacity constraints

Supply Chain Dive

Cross-docking inefficiencies are leading to issues bringing inventory into the company's fulfillment network, experts say.

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Key capabilities of risk management solutions (Part 1) — Enabling and supporting capabilities

Spend Matters

As part of our series on all aspects of risk management, we are taking a look at the digital capabilities of risk solutions (supplier risk management, TPRM and SCRM). Although the underlying capabilities vary from one segment to another, the high-level capabilities can be divided into: Enabling and supporting capabilities: Risk data modeling (breadth, depth, granularity); Best practices and guidance (as a service and in the application); Analytics and AI for simulations and reporting; Orchestrat

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If you ignore their technology, what should you look for in a solution provider?

Procurement Insights

Don’t miss Matthew Buckingham ’s Forbes article on how modern procurement systems are tackling today’s biggest supply chain challenges – ProcureFocus (October 30th, 2024) I read the above-referenced article, and here is my observation: Has the author said anything regarding predictive analytics, collaborative supplier networks, optimized inventory management, risk management, and automation that you have yet to hear?

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Albania Prosecutors Order Seizure of Shipping Containers Carrying Illegal Toxic Waste

Supply Chain Brain

Seattle-based Basel Action Network sounded the alarm that more than 800 tons of electric arc furnace dust were being illegally transported after the group received a tipoff.

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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.