June, 2023

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Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know

ivalua

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD). This new regulation builds upon its predecessor, the Non-Financial Reporting Directive (NFRD), and brings about significant changes that impact organizatio

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Your Must-Have Gartner EU Debrief: The TopTakeaways from Gartner Supply Chain Symposium/Xpo EU 2023

ToolsGroup

Gartner Supply Chain Symposium/Xpo EU 2023 has wrapped up its 3-day event in Barcelona, Spain. Featuring over 35 Gartner experts and more than 100 research-driven sessions, this year’s conference gathered over 2,000 supply chain professionals from across Europe and beyond. Our team was energized by the insightful conversations we had and sessions we attended, and we’re excited to share what we’ve learned!

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Support a Struggling Supply Chain with Digital Thread

Supply Chain Brain

When manufacturing, quality management and supply chain planning systems are all working synchronously, manufacturers are better equipped to adapt and respond to supply chain disruption.

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Supply Chain Planning Must Become Decision-Centric

Supply Chain Brain

The environment in which chief supply chain officers find themselves has changed significantly in recent years, but most organizations have failed to adjust their approach to planning.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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The Changing Grocery Landscape

Enterra Insights

The grocery landscape has changed enormously from the days of the general store, when a clerk behind a counter would fetch goods for customers from scantily stocked shelves. Francesco Fazio , a partner at Treacy & Company, and Xiao Liu , his former Treacy & Company colleague, write, “The way that consumers shop for groceries, and how supply chains get goods from beginning to end, has changed radically since the first ‘modern’ supermarket, a store named Piggly Wiggly, fi

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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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The Case for Real-Time Perpetual Inventory Signals in Manufacturing

ToolsGroup

Once upon a time, the world of manufacturing was a relatively stable place. But then, supply chain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy.

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Until AI Can Solve this One Simple Task, I Wouldn’t Worry About It

Logistics Viewpoints

Experts have recently warned about the possibility that artificial intelligence (AI) could lead to the destruction of 400 million jobs by 2030. These same pundits also predict that AI could lead to increases in global GDP by trillions of dollars in the same time frame. However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security.

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The Top 7 Tangible Benefits of Automating Dock & Yard Operations

C3 Solutions

With the complexities and dynamism of the logistics industry, automation in the yard and dock management is no longer a luxury but a necessity to ensure success for the supply chains. By utilizing innovative technology to handle tasks traditionally done manually, businesses can enhance efficiency, improve accuracy, and adapt quickly to changes. To better understand the power of automation in this context, here are the top 7 tangible benefits.

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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Key Strengths that Drive Better Outcomes in Supply Chain Planning

John Galt

John Galt Solutions is a Leader in the 2023 Gartner Magic Quadrant for Supply Chain Planning. Learn about the strengths highlighted in the report.

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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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Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

Ivalua Spend Management Insights [ivory-search] Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation June 14, 2023 | | Thought Leadership by Vishal Patel Implementing a procurement application requires careful planning and execution, but combining it with a successful strategy can also ensure stakeholder buy-in, improve communications, support change management, reduce cost, and increase speed to market.

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5 Common Supply Chain Resume Mistakes to Avoid

SCMDOJO

Are you looking to enhance your chances of landing a supply chain role? As someone with extensive managerial and recruiting experience spanning over 15 years, I’ve had the opportunity to review a staggering number of resumes, totaling more than 200. Through this process, I’ve identified a recurring pattern of errors that often lead to these CVs being overlooked.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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France’s transatlantic sail-powered cargo revolution should put the wind up Brits

IT Supply Chain

By David Jinks M.I.L.T. (pictured) Head of Consumer Research, ParcelHero The post France’s transatlantic sail-powered cargo revolution should put the wind up Brits appeared first on IT Supply Chain.

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Optimizing yard management for manufacturing facilities

C3 Solutions

The manufacturing sector remains a crucial component of the global economy, with the small, medium, and large companies operating in the US accounting for about 11% of the country's GDP. Manufacturing facilities play an increasingly vital role in enhancing operational efficiency and optimizing global supply chain resources. The European Union, China, and the United States are the top three global manufacturing powerhouses and have seen a significant increase in the number of manufacturing facili

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Is it Time to Bring Supply Chain Efficiency Back in Vogue?

John Galt

Finding balance between efficiency and resiliency is crucial for navigating the complexities of the modern supply chain landscape. Learn more.

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Green Jobs and Green Tech: Rethinking the Impact of the Supply Chain

Supply Chain Brain

Eight supply chains – food, construction, fashion, fast-moving consumer goods, electronics, automotive, professional services and freight – account for more than 50% of global emissions.

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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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Why small businesses should invest in ERP

SYSPRO Smarter ERP

Large enterprises have long understood the benefits of ERP technology in essential processes such as procurement, planning and inventory control, but for smaller businesses, it can feel like an unnecessary or extravagant investment. However, there is a compelling case to be made for small businesses to consider implementing ERP software. By digitising, streamlining and automating business processes, manufacturers can free up time and cut operating costs.

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BR Williams Celebrates National Logistics Day

BR Williams Supply Chain Management

Top U.S. Logistics and Transportation Company celebrates National Logistics Day, honoring the remarkable achievements of its Logistics division. Oxford, AL – June 28th, 2023 – BR Williams, a leader in the trucking , warehousing , and logistics industry, proudly announces its celebration of National Logistics Day, highlighting the exceptional achievements of its Logistics division.

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UK Government finds no drop in productivity from hybrid working, but how can we boost it?

IT Supply Chain

By Jamie Lyon (pictured) Vice President, Strategy & Business Development at Lucid Software The post UK Government finds no drop in productivity from hybrid working, but how can we boost it? appeared first on IT Supply Chain.

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Top 5 Logistics Software Trends in 2023

C3 Solutions

If last year was characterized as the year that the entire world finally woke up to the importance of the supply chain, 2023 is set to be the year logistics executives take their supply chain seriously. The difficulties faced keeping goods moving in the last two years have made it imperative to put the right technology in place to help navigate the increasing complexity of managing any company’s supply chain.

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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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5 Ways a Digital Supply Chain Twin Supercharges Performance

John Galt

Learn the key benefits of a digital twin for the supply chain to help you conquer the challenges of modern supply chain planning operations.

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The Benefits of Data-Driven 3D Printing for the Supply Chain

Supply Chain Brain

Data-driven 3D printing provides a significant boost to the efficiency and productivity of the supply chain, helping manufacturers respond more quickly and effectively to disruptions.

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Beginning Inventory 101: Formula & How to Calculate

ShipBob

If you start out a quarter with more inventory than when you started the previous quarter, is it a good thing or a bad thing? It could mean you stocked up in preparation for a big sale or rise in demand. Or, it’s an indication that you have more inventory than you can sell. If you start out with less inventory than the period prior, it could mean you sold a lot of your stock — congratulations!

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Bringing Order to Chaos: Last-Mile Delivery Costs and How to Reduce Them

Locus

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Now take a moment to think about the complicated trip your gadget took to reach your doorstep. Step into the world of last-mile delivery, the unsung hero of the e-commerce world. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations.

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Mastering Order Management: Backorders & Out-of-Stock Inventory

The unfortunate truth is that you will always have low stock and backorder issues with your supply chain. But that doesn’t mean you can’t be prepared to handle them. This brief video explores some of the primary drivers of inventory issues – and how modern technology and best practices can mitigate these issues and ensure a superb customer experience.

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House of Lords Communications & the Digital Committee report

IT Supply Chain

By Jaeger Glucina (pictured) MD & Chief of Staff at Luminance The post House of Lords Communications & the Digital Committee report appeared first on IT Supply Chain.

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How warehouse management can enhance the value of your ERP

SYSPRO Smarter ERP

Many manufacturers have successfully implemented an ERP system to streamline their business processes and improve efficiency. However, for companies with extensive inventory and warehouse facilities, integrating a Warehouse Management System with their ERP system can bring additional value. What is a Warehouse Management System? A Warehouse Management System (WMS) plays a vital role in efficiently managing inventory within a warehouse.

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Why is Tesla considering advertising?

Proxima

The growth of Tesla has been truly astonishing over the past decade, the company was founded in 2003 and in under 20 years has grown to be the largest producer of Electric Vehicles (EV’s) globally. Tesla is often pitted against its automotive rivals like Toyota, GM and BMW however Tesla in fact call themselves an automotive and clean energy company which may go some of the way to explain why their market capitalization is at least 3 times higher than its closest (automotive) competitor, Toyota,