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Supply Chain Leaders Can’t Afford to Guess About the Future. Executive Summary In Part One of this blog series we ’ re going to discuss the phenomenon that seems to be at the center of every economic advisor’s latest report: recession. Notably, we’ll be examining the shaky logic for some statements we’ve seen about the potential for an economic slowdown to actually help supply chains recover.
We explain what exactly purchase order management is, how the process works, and what steps businesses can take in order to make the process more efficient and effective.
Climate change. Resource scarcity. Population growth. Urbanization. Air and water pollution. When it comes to sustainability , many business leaders are feeling the pressure to act. Customers, investors, and regulatory agencies are demanding that companies actively address the climate crisis. Environmental, social, and governance (ESG) priorities impact every facet of business and will determine the market leaders of tomorrow.
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
It’s time to unplug and get off the grid. No email, no social media, no television. Just music and books and the great outdoors. Before I disconnect and head to the land of ice, here’s the supply chain and logistics news that caught my attention this week: Walmart Tells Suppliers New Fuel and Pickup Fees. Read more Above the Fold: Supply Chain Logistics News (July 8, 2022).
Lisa Morales-Hellebo and Joe Lynch discuss The Worldwide Supply Chain Federation. Lisa is the Co-Founder and GP at REFASHIOND Ventures , an emerging venture capital fund manager that invests in early stage supply chain technology. About Lisa Morales-Hellebo. Lisa Morales-Hellebo is a VC, seasoned entrepreneur, product strategist, and community builder.
Lisa Morales-Hellebo and Joe Lynch discuss The Worldwide Supply Chain Federation. Lisa is the Co-Founder and GP at REFASHIOND Ventures , an emerging venture capital fund manager that invests in early stage supply chain technology. About Lisa Morales-Hellebo. Lisa Morales-Hellebo is a VC, seasoned entrepreneur, product strategist, and community builder.
Reach corporate social responsibility goals while improving your economic sustainability. Key Takeaways : You make important decisions daily that affect both your own corporate responsibility goals and external ESG demands from consumers and investors Vendors can make or break your broad supply chain goals, which makes real-time, AI-analyzed data essential for supply chain decision-making Self-reporting and a cumbersome audit process present dangerous challenges that can be overcome with an inte
Last week I saw a news headline from the Washington Post stating Michael Burry’s ‘Bullwhip’ Tweet Deserves Serious Attention. Michael Burry ( @michaeljburry ) is most well-known as the hedge fund manager portrayed by Christian Bale in the movie “ The Big Short.” His track record justifiably garners many followers on Twitter – 895,000 according to the account.
As we appear to be emerging from our worst healthcare crisis in a century, many experts have assumed that people would eagerly return to work. But that is simply not happening. .
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
Experts continue to debate whether artificial intelligence (AI) is a real thing or simply a marketing term. And, knowing that many people draw their perceptions of AI from science fiction books and films, IBM looked for some other term to better explain its AI-related offering. As a result, IBM coined the term “cognitive computing” to describe its Watson computing system.
ARC has recently completed a study on the transportation management system integration market. We have previously done a study of transportation management system (TMS) market and transportation execution and visibility system markets , and interviewed TMS vendors. Finally, we have surveyed and interviewed TMS customers. Interviewing the system integrators (SIs), that implement the different types of transportation software solutions, allowed us to complete our 360-degree review of freight trans
A Washington-based think tank has launched an initiative to encourage widespread adoption of standardized data-sharing in the freight sector in order to boost sustainability.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
For a long time, companies had been redesigning their supply chain networks and practices to become more demand driven. With the disruptions of the past two years, however, companies are now becoming more supply driven — that is, their manufacturing and sales and promotions plans are being driven more by what parts or inventory they. Read more [Video] Enabling Assurance Of Supply In The Global Marketplace.
Unless you’ve been living underneath a rock, you’re aware that our world has been hit with a few years of unprecedented challenges – from a global pandemic to supply chain…
An indicator of U.S. supply chain pressure fell to the lowest level in two years, as a sharp drop in transportation costs underscores the slowdown in the nation’s economy heading into the second half of the year.
The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.
How could a manufacturing business that bends, cuts and welds metal benefit from Cloud ERP? With ongoing supply chain disruptions continuing to affect all industries, that’s a question that the fabricated metals industry is beginning to ask. Supply Chain disruptions are creating a chain reaction across the metal fabrication industry. By nature, the Fabricated Metals Industry creates made-to-order products based on specific customer specifications.
Can Your Business Answer These Questions Around ESG Issues and CSR? Can you identify all your suppliers in the supply chain? Can you confidently confirm that none of them are engaged in activities such as child or forced labor, or human rights abuses? Are any suppliers on government watchlists or under sanctions? Are all suppliers in compliance with existing due diligence laws?
Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
By Jason Walker. The COVID-19 pandemic made a major impact on supply chain operations, from manufacturing and shipping to distribution and warehousing. When the world shut down, warehouses were faced with a seemingly unsolvable question: How do we continue operating while keeping people home safe? The answer quickly revealed itself: automation. Warehouse automation is not a new concept, and various automated systems have become commonplace around the world.
By Alex MacPherson (pictured). Director of Solution Consultancy & Account Management, Manhattan Associates. The post The unexpected opportunity to accelerate a green commerce revolution appeared first on IT Supply Chain.
In the Northern Hemisphere, we recently celebrated the Summer Solstice, which means the start of calendar summer and the longest day of the year. I always chuckle on the day after the solstice as I think of a fond childhood memory. On the 22 nd of June (typically the day after the solstice), my father would come in after work dressed like he was ready for a blizzard.
Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.
The spirits industry is evolving at speed as consumer tastes, habits – and demands – change. And as the peak of the pandemic fades, these trends are becoming more prominent. So how are these trends changing the industry, and what can we expect in 2022 and beyond? We take a look at 19 key trends, and what to expect in the future from this industry. How is the alcohol industry changing in 2022?
By Rob Fisher (pictured). IMHX 2022 Event Director. The post ‘Business as usual’ is no longer an option for long-term sustainability success appeared first on IT Supply Chain.
One should keep in mind that every transaction has an additional hidden cost in labor and overheads, such as the time spent sourcing products, tracking deliveries, matching invoices, and overseeing suppliers. The question arises: when to separate purchasing management tasks into an autonomous operational role and hire a designated professional? There is no universal answer to this question, as purchasing process, procurement policies, goals, and volumes differ not only in the industries but even
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