Trending Articles

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Tackling Child Labor in Global Supply Chains

All Things Supply Chain

Imagine walking into your local supermarket and picking up a bar of chocolate or a new smartphone without a second thought.

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Tips for Surviving in a Brave New World

Art of Procurement

In 1932, Aldous Huxley published the book Brave New World. At the time, the actual world was perched between World. The post Tips for Surviving in a Brave New World appeared first on Art of Procurement.

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East and Gulf Coast Port Strike – Part 1

Art of Procurement

“Let me be clear: we don’t want any form of semi-automation or full automation. We want our jobs—the jobs we. The post East and Gulf Coast Port Strike – Part 1 appeared first on Art of Procurement.

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USPS looks to end dual shipping labels

Supply Chain Dive

The agency submitted a proposal to eliminate the practice as it transforms its relationships with shipping partners like UPS and DHL.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Crane Collapses After Collision with Cargo Ship in Keelung Port

Supply Chain Brain

Port authorities are working closely with the terminal’s management to ensure the port’s operations can resume normal activity as quickly as possible.

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Spend Matters Future 5 2024 – Why we chose BlueBean

Spend Matters

Spend Matters is delighted to announce the 2024 roster for our ‘Future 5’ list. For the sixth year in a row, our analysts have highlighted five start-ups that excited them the most. This year, the five companies that have proven themselves as potential future trend setters are BlueBean, Covalyze, HaloAi, Ivoflow and True Value Hub. Today we are sharing the reasoning behind our selection of BlueBean.

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Dick’s Sporting Goods bolsters production, sourcing tech

Supply Chain Dive

The sports retailer aims to increase supplier engagement and reliability as well as monitor production processes through Inspectorio’s AI-powered platform.

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Tesco Announces Global Success in Grocery E-Commerce

Supply Chain Brain

Learn how one of the world’s largest pioneers in grocery e-commerce improved their online shopping experience to help them surpass $75bn in revenue.

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Spend Matters Future 5 2024 — Why we chose ivoflow

Spend Matters

Spend Matters is delighted to announce the 2024 roster for our ‘Future 5’ list. For the sixth year in a row, our analysts have highlighted five start-ups that excited them the most. This year, the five companies that have proven themselves as potential future trend setters are BlueBean , Covalyze, HaloAi , Ivoflow and True ValueHub. To warrant such attention, these vendors must have a product that is ideally two to five years old, is used by more than five customers and displays an innovative ap

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DPW Remote Dispatch: To Build Or Not To Build In-House

Procurement Insights

EDITOR’S NOTE: Here is a quick synopsis from a session that speaks directly to my recent post: Is it time for practitioners to build their “own” ProcureTech solutions? Below are the highlights from Kearney’s presentation this morning. Have a read, and I will follow up with another post later today, sharing my thoughts. The survey was with 200 procurement executives (CPO, digital leads) in large companies (min 1bn majority was 5-20bn in revenue) In a nutshell, they almost considered t

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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53 Contract Management Statistics Ahead of 2025

ContractSafe

Contracts bind, guide, and set the pace for every transaction, partnership, and agreement in the business world. But as the landscape evolves, so does the art and science of effective contract management.

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Volkswagen opens port facility in Texas

Supply Chain Dive

Up to 140,000 vehicles for Volkswagen and its brands like Audi and Porsche will be processed annually at Port Freeport to support Central and Western U.S. dealers.

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When Ports Go Silent: Proactive Supply Chain Strategies for Manufacturers

Supply Chain Brain

Most manufacturers believe they're prepared for supply chain disruptions because they have contingency plans in place. In reality, those plans are often fragmented and short-term in focus.

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Who owns ‘Risk?’ – Procurement vs other functions

Spend Matters

Continuing our third-party/supply chain risk management (TPRM/SCRM) series, today let’s address the question of ‘who owns risk?’ In the past, risk ownership has been addressed in a straightforward operational manner: IT owned cyber risk, finance guarded financial risk and so on. While this functional silo approach is simple, it is inadequate in today’s interconnected business… This content is for members only.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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Problem-Solving, Agent-Based Modelling And What A ProcureTech Demo Should Do

Procurement Insights

Jon W. Hansen It seems that many vendors underestimate the importance of their unique selling proposition and how it matches our needs and set them apart. – To make a decision and defend it to top management, we as procurement professionals need clear, compelling evidence of value. Many vendors are beginning to recognize this and ask us for our input to improve their presentations, offers, and demos. – I also recommend using an Agile Procurement Approach for selecting suppliers.

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JAGGAER strengthens UK public sector leadership with Mark Roberts’ appointment

Jaggaer

Roberts’ decades of experience will boost JAGGAER’s UK Public Sector strategy in Central and Local Government London, 17 October 2024 : JAGGAER, a global leader in enterprise procurement technology and supplier collaboration, is delighted to announce the appointment of Mark Roberts as its UK Public Sector Director. The appointment confirms JAGGAER’s long-term commitment to serving the UK public sector with award-winning insights and expertise to help it effectively leverage the potential of crit

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Automotive supply chains can benefit from sourcing alliances. Here’s why.

Supply Chain Dive

Collaborations can lower procurement costs and drive operational change, but experts say aligning objectives and cost structures are key to success.

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Discover how Lippert Transformed its Supply Chain with Kianxis

Supply Chain Brain

The automotive supply chain has never been more challenging. From the rapid shift to electric vehicles and skyrocketing costs to raw material shortages, geopolitical tensions, and volatile market demands, suppliers face pressures that can define their success or failure.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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Spend Matters Future 5 2024 — Introducing ivoflow

Spend Matters

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them. For the Future 5, Spend Matters analysts scour the market to find new specialist solution providers that can answer a burning need of procurement practitioners today.

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Do CPOs and procurement professionals in general share the same nightmares?

Procurement Insights

I was somewhat young when I first watched the 1966 Dracula: Prince of Darkness movie with Christopher Lee in the star role. As a side note, my older brothers always felt the Bela Legosi’s earlier version was much better, but I disagreed. Anyway, after watching the movie one Saturday night, I was a little creeped out. So, that night under a cross my brother made with burnt matchsticks at camp, I wore a turtle neck sweater to bed.

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Technology Round-Up — October 16, 2024

CPO Rising

CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend… The post Technology Round-Up — October 16, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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The ILA strike is over. What should shippers prioritize now?

Supply Chain Dive

While the strike was short-lived, it could take weeks to clear cargo backlogs and bring ports back to normal operations.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Ferromex, Union Pacific Suspend Grain Shipments into Mexico After Derailment

Supply Chain Brain

Although the track at the derailment site has been reopened, the permit suspension will remain in place until the current train lineup is cleared.

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Spend Matters Future 5 2024 – Introducing BlueBean

Spend Matters

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them. For the Future 5, Spend Matters analysts scour the market to find new specialist solution providers that can answer a burning need of procurement practitioners today.

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Graduating Debt-Free: Strategies for Financial Success

Procurement Express

Graduating from college is a significant milestone, but for many, it comes with the burden of student debt. However, there are ways to navigate through college without accumulating debt. In this blog, we will explore practical strategies and insights shared by experts who have successfully graduated debt-free, along with tips on managing finances effectively.

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Montreal Dockworkers Strike Threatens Supply Chains

Procurement Bulletin

Montreal Dockworkers Strike Threatens Supply Chains Dockworkers at the Port of Montreal are planning to halt all overtime work indefinitely starting 10th Oct 2024 in an effort to pressure management for a new contract. The Maritime Employers Association has expressed concerns about the drawn-out negotiations and their impact on shippers and Canada’s reputation as a reliable trading partner.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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DoorDash expands grocery delivery partnerships

Supply Chain Dive

The company continues to link up with regional and specialty grocers as it bolsters its delivery services beyond restaurants.

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Russian Tanker Sanctions Fail to Stop Ships Hauling Moscow’s Oil

Supply Chain Brain

The blacklisted tankers are just a tiny part of the shadow fleet amassed by Russia to move its oil outside the reach of the Western powers.

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JAGGAER Awarded Gold Medal from EcoVadis for Sustainability Performance

Jaggaer

JAGGAER recognized for its business sustainability commitments and performance Research Triangle, NC, 15th October, 2024 : JAGGAER, a global leader in enterprise procurement and supplier collaboration, today announces it has been awarded a Gold Medal from EcoVadis for its sustainability performance. The Gold Medal places JAGGAER among the top 5% of all companies rated by EcoVadis in the 12 months prior.

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The Dark Side of Debt: Navigating Distressed Financial Landscapes

Procurement Express

In an unpredictable financial environment, understanding the complexities of debt can be crucial for businesses. This blog delves into the intricacies of distressed debt, exploring how companies can navigate these challenging waters and the implications of financial mismanagement. Drawing from real-world experiences, we will explore the dynamics of distressed debt funds, covenants, and the process of reorganization through Chapter 11 bankruptcy.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro