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General Motors Locks In Strategic EV Vehicle Supply for 2025

Supply Chain Matters

This week, in conjunction with General Motors reporting of Q2-2022 financial performance, the auto maker disclosed that it had secured strategic supply agreements to support one million electric powered vehicles in North America by 2025. A total of 30 GM EV models are planned for production by 2025 along with a doubling of revenues.

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Is Procurement Drowning in Data?

Supply Chain Game Changer

Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management. Is Procurement drowning in data? Source: PwC 2019.

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Boeing’s Potential Sourcing Reversal- Financial or Operational?

Supply Chain Matters

Boeing spun out this supplier, which was once a part of this plane maker’s internal production in 2005 in a major strategic sourcing move. The post Boeing’s Potential Sourcing Reversal- Financial or Operational? This is contrasted to the supplier’s reported market cap at the close of trading Friday being $3.7 All rights reserved.

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Artificial Intelligence: Procurement and Legal’s “New Frontier”

Proxima

And what for procurement teams? Procurement will need to understand all the ways that AI could transform how attorneys manage their work and what challenges AI could create for legal suppliers that need to be considered. In fact, it’s predicted that legal technology budgets will increase threefold by 2025. [1]

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Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement

Synovos

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

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Driving Sustainable Supply Chain Change

The Logistics & Supply Chain Management Society

By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”. Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. Driving Sustainable Supply Chain Change.

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Schneider Electric’s Works with EcoVadis to Drive Supplier Emissions Engagment

Logistics Viewpoints

Schneider Electric and EcoVadis Christophe Quiquempoix, VP of Sustainable Procurement at Schneider Electric shared his insights during a panel discussion at EcoVadis Sustain Conference 2023. Christophe was asked, “How did Schneider Electric get started on their net zero journey and what was the role of the suppliers?”.