Sat.Mar 09, 2024 - Fri.Mar 15, 2024

article thumbnail

Why Is Supply Chain Visibility Critical for Effective Decision-Making?

All Things Supply Chain

Supply chain visibility is about knowing where things are at all times, from their sources to their final destinations. Various technologies can track goods in real time.

article thumbnail

CPO Crunch: New model armies

Procurement Leaders

Hands up if you’re either thinking about, have recently been through or currently undergoing a procurement operating model change. I have a suspicion – if you were to play the game – that a lot of virtual hands would be reaching for the sky right now. Why? Anecdotally, I’ve had several conversations with CPOs recently that have landed on the issue, which is one sure indicator, but another stronger indicator was last week’s CPO community call on the subject.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

In an era of AI, skill building is a top organizational priority, LinkedIn says

Supply Chain Dive

Learning and development pros can encourage short bursts of instruction to help workers make progress in small chunks.

125
125
article thumbnail

Crisis Management 101: A Supply Chain Primer

SCMR (Supply Chain Management Review)

Many supply chains have developed plans to navigate through disruptions, but fewer have detailed crisis management plans to implement should the unthinkable happen.

article thumbnail

GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

article thumbnail

Most U.S. Shoppers Want Sustainable Returns, Says New Survey

Supply Chain Brain

New research shows that 55% of shoppers surveyed say they’re more loyal to brands with sustainable returns.

article thumbnail

VORTAL: Vendor Analysis — e-Sourcing and e-Procurement solution overview, roadmap, customer feedback, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of VORTAL and its source-to-pay (S2P) solution. Procurement organizations increasingly demand efficient and streamlined processes. Traditional procurement processes can be complex, time-consuming and manual, leading to inefficiencies, a lack of transparency and increased risk. To overcome these challenges organizations often look for a technology solution that offers automation, centralized data management and streamlined workflows.

More Trending

article thumbnail

Three Strikes for the New Baseball Uniform

Art of Procurement

I live in Boston, one of the greatest sports towns in the world (if we do say so ourselves). With. The post Three Strikes for the New Baseball Uniform appeared first on Art of Procurement.

article thumbnail

Four Keys to Realizing Flexible Fulfillment of E-Commerce Orders

Supply Chain Brain

The adoption of e-commerce as the consumer’s retail channel of choice has increased by 30% post-pandemic, spurring urgent mandates for e-tailers to scale operations and services.

115
115
article thumbnail

Meet AI in Sourcing

Spend Matters

Artificial intelligence (AI) comes in many forms (for a complete history of AI in procurement see our recently published autogmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. In this series of articles we explore the current state of AI in procurement technology.

article thumbnail

Gap Inc. gets a boost from retooled sourcing strategy

Supply Chain Dive

Falling commodity costs have lifted margins, while leaner inventories have helped improve operations and reduced markdowns.

Sourcing 114
article thumbnail

5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

article thumbnail

Using Your End Of Year Budget for L&D Effectively

Skill Dynamics

As the year draws to a close, organizations face the critical task of effectively utilizing their end-of-year Learning and Development budgets. The allocation of this budget is not a decision to be taken lightly, as it has a direct impact on the company’s growth, productivity, and talent development. With countless options available in the market, it’s crucial to find a solution that aligns with your organizational objectives and addresses your specific skill gaps.

article thumbnail

Real-Time Visibility Key Component to Digital Transformation, Sustainability

Supply Chain Brain

The report concludes that companies are increasingly investing in advanced technologies such as IoT devices and AI to improve their visibility capabilities.

article thumbnail

A Hoarding Explanation for the Post-COVID Inflation for Goods

SCMR (Supply Chain Management Review)

Inflation continues to impact the U.S. economy, but could a fear of supply shortages have caused a hoarding of materials and contributed to inflation’s rise?

Supply 94
article thumbnail

Target deepens bets on supply chain, inventory management

Supply Chain Dive

The retailer has 10 new facilities in the pipeline and is investing in AI and machine learning to sharpen demand planning as it grows its profits.

Inventory 109
article thumbnail

From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

article thumbnail

Procurement Strategies and Innovation – A CPO treasure chest

Spend Matters

At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week. We use solution provider and practitioner intelligence, alongside our first-hand knowledge from endless demos within the tech industry (culminating in our Vendor Analyses ) to s

article thumbnail

How Leaders Can Navigate Climate-Related Supply Chain Disruptions

Supply Chain Brain

Production inter-dependencies mean that a single climate event can create parts shortages for an entire product line.

article thumbnail

Digital Approaches, End-to-End Thinking Help Supply Chains Evolve

SCMR (Supply Chain Management Review)

Supply chain disruptions come in many forms, but digital approaches and end-to-end thinking are helping organizations evolve.

article thumbnail

Big Lots makes huge gains in closeout sourcing

Supply Chain Dive

The company has revamped its procurement strategy to focus on acquiring inventory from distressed and overstocked retailers and brands.

Sourcing 107
article thumbnail

The 2nd Generation of Innovation Management: A Survival Guide

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?

article thumbnail

How IBM helps clients accelerate app modernization and control costs

IBM Supply Chain Blog

A large US-based healthcare company recently engaged with IBM® to accelerate their cloud adoption with consistent and predictable outcomes. This collaboration enhanced their confidence to navigate app modernization across various applications and landing zones for both hybrid cloud and platform-native modernization. As a healthcare company, this client had an obligation to provide safe, reliable, time-sensitive, high-quality services to its customers.

article thumbnail

Empowering Women in the Supply Chain: Bridging Gaps and Fostering a Supportive Community

Supply Chain Brain

The path to gender parity is about spanning bridges across persistent gaps, and cultivating a supportive community that empowers women to thrive.

article thumbnail

Why does procurement need to work in a physical “in-person” company office?

Procurement Insights

“We don’t decide whether we are a hybrid, remote or in-person company. We are everything, in the same way that we are everything on several fronts of the business. We just decide what our people management model is,” says Daniel Knopfholz , vice-president of People and Technology at Grupo Boticário. EDITOR’S NOTE: Sometimes, the best way to tackle a subject isn’t to write about it but to share the actual discussion regarding the important topic of who has to work, from where, and whe

article thumbnail

Why Walmart sees drone delivery taking flight

Supply Chain Dive

The retailer is increasingly using the technology for quick deliveries of items like meal solutions and over-the-counter medicines.

103
103
article thumbnail

GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

article thumbnail

February retail sales see annual and sequential gains, reports Commerce and NRF

SCMR (Supply Chain Management Review)

Commerce reported that February retail sales, at $700.7 billion, rose 0.6% compared to January and were up 1.5% annually.

86
article thumbnail

GenAI Could Make Up a Quarter of All Logistics KPI Reporting Within Next 4 Years

Supply Chain Brain

Half of supply chain leaders surveyed say they’re already working on plans to implement GenAI in the next 12 months.

Logistics 111
article thumbnail

Navigating the World of Purchasing Professionals: Insights from an Industry Insider

Procurement Freelancers

As a purchasing professional, I’ve spent years navigating the intricate landscape of procurement. From negotiating… The post Navigating the World of Purchasing Professionals: Insights from an Industry Insider first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

Macy’s eyes $100M in savings from streamlined supply chain

Supply Chain Dive

The company's "Bold New Chapter" will feature automation, distribution center closures, and more.

article thumbnail

10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

article thumbnail

Getting started with Kafka client metrics

IBM Supply Chain Blog

Apache Kafka stands as a widely recognized open source event store and stream processing platform. It has evolved into the de facto standard for data streaming, as over 80% of Fortune 500 companies use it. All major cloud providers provide managed data streaming services to meet this growing demand. One key advantage of opting for managed Kafka services is the delegation of responsibility for broker and operational metrics, allowing users to focus solely on metrics specific to applications.

Data 83
article thumbnail

Navigating 2024: Supply Chain and Tech in the Distribution Industry

Supply Chain Brain

In 2024, the distribution industry stands at a crossroads, shaped by rapid technological advances and evolving supply chain dynamics.

article thumbnail

Where does food waste occur most in the supply chain?

Procurement Insights

The work started in 2020 by the Natural Resources Defense Council (NRDC) , WWF , Harvard Law School Food Law and Policy Clinic and ReFED created this movement. I’m very proud to join it as we seek to influence the legislative process federally, by state, and locally. If more families are fed because of this; it is worth doing! Flashfood hashtag#collectiveimpact – Nicholas Bertram , CEO Flashfood My parents, born in 1916 and 1918, lived through the Great Depression.

article thumbnail

3 things to expect from the pharmaceutical supply chain in 2024

Supply Chain Dive

Healthcare experts pointed to shortages, domestic production and the Drug Supply Chain Security Act as trends to watch this year.

article thumbnail

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.