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To create a more inclusive and diverse work environment, organizations across various industries are taking measures to remove unconscious bias from their recruitment process. However, many of these same organizations fail to consider the impact that unconscious bias can have on their procurement process. Unconscious bias refers to the attitudes or stereotypes that affect our decisions and actions without us even realizing it.
In today’s dynamic and unpredictable business environment, companies face various challenges such as changing consumer demands, global uncertainty, and the impact of natural and man-made events. Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments.
When Russia invaded Ukraine, which is one of the world’s breadbasket countries, a bright light was shone on the global food supply chain. The Economist notes, “Vladimir Putin’s attempt at grain blackmail highlights a wider problem.”[1] That problem, according to the magazine, is men with guns. The magazine explains, “The global food supply is vulnerable to men with guns.
Strengthen your operations with the Supply Chain Resilience Checklist. This practical, easy-to-use tool helps your organization prepare for disruptions and ensure long-term continuity in an unpredictable world. Why Download: Identify and assess critical supply chain risks Ask the right questions to evaluate vendor preparedness Implement effective strategies to reduce vulnerabilities Improve communication, transparency, and coordination across your network What You’ll Learn: How to evaluate and m
The Network of Life is a fast paced environment where consumer demands and the disruption of life can change within a blink of an eye. Having proper forecasting within your supply chain can help you to be antifragile and assist you in leveraging life’s disruptions. Based on data, agility, and reinventing innovation – the manufacturing and supply chain sectors need to make sure it evolves and embraces a new digital, dynamic experience that can meet and align with the changing world around u
Krenar Komoni, founder and chief executive officer of Tive, offers advice on evaluating freight-tech providers, and emphasizes the need for collaboration as the basis for making key decisions in the supply chain.
Krenar Komoni, founder and chief executive officer of Tive, offers advice on evaluating freight-tech providers, and emphasizes the need for collaboration as the basis for making key decisions in the supply chain.
Picture a world where creating powerful, customized software applications is as simple as piecing together a puzzle. A world where individuals, regardless of their technical background, can transform their ideas into reality, and businesses can adapt to market changes at lightning speed. This world is not just a pipe dream; it’s the software development revolution happening right before our eyes.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
Mark your calendars for the biggest supply chain conference of the year is just around the corner! The Gartner ® Supply Chain Symposium/Xpo is where the world’s supply chain leaders, experts, and practitioners convene to exchange experiences, ideas, and best practices. Taking place in Orlando, Florida from May 8-10, the symposium is the ultimate destination for anyone seeking to stay abreast of the latest trends, technologies, and strategies in the supply chain industry.
The bank says the research shows global supply chain pressures decreased again in March, falling from.28 to 1.06 standard deviations below the index’s historical average.
Key Takeaways: 89% of Digital Inventory Report respondents say data security is important to extremely important to their inventory operations. Supply chain risk management begins with an understanding of the risks to your organization and a strong proactive plan to mitigate risk. Cybersecurity is a vital component of a supply chain risk management plan.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
The North America logistics market is poised to make the leap from a whopping $1.4 triillion in 2022 to $1.6 trillion by 2028, clocking a 2.4% CAGR. It’s a bonanza for industries like retail, e-commerce and other such logistics-based industries, but, as always, growth comes with its share of thorny challenges. It’s high time retailers, e-commerce platforms, 3PLs, FMCGs, and other logistics players in the US turn to cutting-edge logistics software to tackle the hurdles of this burgeon
When it comes to warehouse management system (WMS) software types for inventory control, there are many different options available to third-party logistics (3PL) providers, distribution centers, and warehouses in the supply chain. Software-as-a-Service (SaaS) based WMS is quickly becoming the preferred choice for businesses of all sizes in the supply chain because of the access it provides to real-time data with just a few clicks of the mouse making it easier for warehouses to organize inventor
Curious to know what’s in store at ICON 2023 , Blue Yonder’s annual customer conference and premier supply chain event? I spoke with Blue Yonder’s Susan Beal, chief customer officer, and Derek Thomas, corporate vice president of portfolio marketing, who shared what to expect this year and some of the not-to-be-missed event features! Bryant: What is ICON 2023 and where is it this year?
As someone who oversees order fulfillment services, your focus tends to be on accurate, on-time delivery and controlling parcel shipping costs, which can be up to 70% of total fulfillment costs. There isn’t a big interest in box sizes, bubble wrap, and other packaging-related details. But that’s a mistake.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
As efficiency is crucial for businesses to remain competitive, many manufacturers are looking at all aspects of their operations to identify gaps and address them through either process improvements or by introducing relevant automation technology. One area that is often overlooked is the accounts payable (AP) process. Inefficiencies in AP can lead to delayed payments, lost discounts, and damaged vendor relationships.
Do you know the Gartner Hype Cycle? The Gartner Hype Cycle is a widely recognized concept that describes the panorama of technology and IT innovations in a field. It takes into account the hype generated by these technologies and their effectiveness and results for companies that adopt them. This curve, quite similar to the Kubler-Ross.
The balanced scorecard is a powerful tool for helping companies improve their performance. It provides a clear and concise way to measure progress towards strategic goals, and it helps to align the efforts of all employees with the organization’s strategy. We always recommend to the manufacturers we work with that they focus on a limited number of KPIs deemed most critical to their businesses when putting their scorecards in place.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
This blog covers important aspects of home delivery management software. It discussed the key stats, operational help, and features businesses should consider. Whether you are into retail, eCommerce, F&B, or CEP, you should check out this blog before finalizing your home delivery management software. The post Going Into The Depths Of Home Delivery Management Software appeared first on loginextsolutions.com.
The company is applying a new generation of RFID readers in its checkout machines, allowing shoppers to simply drop their goods in bins at automated checkout stations that read the RFID tags
The plane maker is expected to report a surge in first quarter deliveries when it discloses March handovers, a sign of the progress Boeing is making toward stabilizing work in its factories.
Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.
The executive said he’s ordering new ocean-going vessels despite a slowdown in the industry following a boom during the pandemic, when some freight rates rose to record levels.
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