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5 strategies for energy market cost and risk reduction

Sunday, May 19, 2024 · Bob Wooten, C.P.M., CEP; Mark Trowbridge, CPSM, C.P.M. MCIPS; and Claudette Calder, MBA, CPSM
Electricity and natural gas costs are major factors in the profitability of companies in all industries, but especially in key parts of the supply chain. There are strategies to better control these costs.
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Balanced supply chain management: Setting the stage

Sunday, May 19, 2024 · Steven A. Melnyk, Nick Little, and Lee K. Levy II
Supply chains have changed, and so too has the management required to achieve balanced supply chains. This is the first in a series of articles that will address the elements needed to achieve that balance.
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The state of procurement

Sunday, May 19, 2024 · Gary Forger
Procurement is transforming faster than ever. Cost, quality, and speed still matter. But now procurement managers are under pressure from one end of the supply chain to the other. As well as from within their own companies. This is going to take some work to tame.
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Top 50 Trucking: Accept the challenge and adapt

Sunday, May 19, 2024 · John D. Schulz
The best fleets, buffeted by higher costs and now increasing environmental mandates, manage to stay ahead of competition through vision, strategy, and execution. But in the end, executives say it’s their people who make the biggest difference.
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Procurement best practices

Sunday, May 19, 2024 · Brian Straight
Procurement is transforming. Gone are the days of blindly spending with single suppliers, replaced by a complex network of diverse global suppliers. Gone are the days of procurement leaders “that just know what to do,” replaced by workers leveraging technology to fill in…
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What supports accurate spend analysis?

Sunday, May 19, 2024 · Marisa Brown, senior principal research lead, supply chain, APQC
Supply chain organizations are always looking for greater visibility into spending. Leaders are dedicating additional resources to spend management, which seeks to answer several questions related to spend analysis.
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The new dawn of network and capital planning is here

Sunday, May 19, 2024 · Steve Mehltretter, Steve Cunix, and Paul Cho
A traditional approach to network and capital planning isn’t agile enough to keep pace with commercial markets where disruptions outnumber long-term norms. Successful planning for sustainable growth and profit requires new thinking and new models.
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Seizing value from supply network management

Sunday, May 19, 2024 · Rich Sherman and Bob Sabath
Leaders must create a shared vision to achieve optimal performance, break down silos, and leverage competitive sea change and disruption opportunities in the connected market ecosystem.

‘Purple People’ and the evolution of supply chain talent

Friday, May 17, 2024 · Sasha Koff
AI’s emergence and evolution is reshaping supply chain management. By embracing interdisciplinary approaches, aligning talent with technology, and acknowledging the benefits and potential challenges of technology deployments, companies can unlock new levels of efficiency and…

Supply chain salaries top $100K for first time

Tuesday, May 14, 2024 · Brian Straight
Supply chain professional compensation has reached a record $103,000 according to new data from the Association for Supply Chain Management.

Supply chain’s rise in prominence brings regulatory compliance into focus

Tuesday, May 14, 2024 · Brian Straight
Whether it is financial, ESG, or ethical sourcing and forced labor rules, supply chains are dealing with a complex maze of global regulations.

Inflation continues to have a wide-ranging impact on supply chains

Monday, May 13, 2024 · Brian Straight
Inflation continues to impact various areas of supply chains, which are still dealing with ongoing disruptions, a Blue Yonder executive survey has found.

A reshoring history lesson

Friday, May 10, 2024 · Brian Straight
The reshoring trend is rapidly accelerating, but it is not new. Reshoring Institute Executive Director Rosemary Coates provided a history lesson on reshoring at the recent ISM World conference.

Strategic cost savings differ from cutting costs

Thursday, May 9, 2024 · Brian Straight
When the term cost control gets tossed around, it often means layoffs. But a strategic approach to controlling costs is more effective and can often strengthen organizations, argues Boston Consulting Group’s Laura Juliano.

Planning fatigue may be settling in

Wednesday, May 8, 2024 · Brian Straight
Supply chain disruption scenario planning continues to remain robust, but there is some fatigue settling in as fewer organizations are making it a priority.
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