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Procurement and Supply Chain are Smarter Together – Practical Use Cases

Logistics Viewpoints

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.

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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

I also had the benefit of attending a beautiful location, The Diplomat Hotel in Hollywood, Florida. Dick’s Sporting Goods Beats Forecast in Q1 But Cautions on Inflation, Supply Chain. Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. I was sad to leave. What a view.

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[Infographic] 5 Ways STEM Education is Leading the Logistics Industry

GlobalTranz

Ineffective logistics procedures can cost businesses through high trading and longer supply chains. Big data analytics, drone delivery and algorithm-based forecasting has helped improve accuracy, and as a result, the industry has thrived. Thanks to STEM education, accuracy of the supply chain flow has improved.

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Why e Procurement Systems are the Secret Weapon for Public Sector

ivalua

And most forecasters aren’t predicting an upswing, at least in the short term. . Step 1: Use e Procurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. The Public Sector is no exception.

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Building Outside-In Processes

Supply Chain Shaman

On Monday, I would speak in Orlando Florida at the Terra Technology event; and on Wednesday, present the keynote at the Logistic Summit & Expo in Mexico City. Customer sentiment technologies mine the patterns of unstructured text and use new forms of analytics to guide discovery on what matters to the customer. Bio-engineering?

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Hurricane Season Brings New Risks to Pandemic-stressed Supply Chain Chains

Enterra Insights

Chris Dolce ( @chrisdolcewx ) reports, “The 2020 Atlantic hurricane season is off to a fast start with three named storms by early June.”[1] … Forecasters predict that oceanic and atmospheric conditions in the Atlantic will be favorable for a more active than usual hurricane season in the months ahead.”

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Uncovering New Sources of Revenue in the Public Sector

ivalua

And most forecasters aren’t predicting an upswing, at least in the short term. . Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. Early pioneers of this approach include the states of Florida, North Carolina, and Virginia.