All Things Supply Chain
OCTOBER 28, 2024
Organizations navigating increasingly complex global networks have discovered that integrating sustainable practices has multiple key benefits. Sustainability can drastically slash waste, streamline operational efficiency, and even improve employee engagement.
Procurement Leaders
OCTOBER 28, 2024
Last week’s World Sustainability Congress in Amsterdam was an energising experience for many reasons and a reminder of the huge amount of work that CPOs must do to ensure we progress against ESG targets. I was fortunate to have the role of cohost for the event and was left inspired by the level of passion in the room. But I am also convinced that we must do more as a procurement community and profession to accelerate progress.
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Supply Chain Brain
OCTOBER 27, 2024
Here are three things that smart manufacturers are doing to improve the work-life balance of employees, eliminate "gray work," and fill labor gaps.
Art of Procurement
OCTOBER 25, 2024
Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – October 25th, 2024 appeared first on Art of Procurement.
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Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.
Supply Chain Dive
OCTOBER 23, 2024
The program, called Amazon Today, will operate until Jan. 24 as the company looks to reduce overlap in its fast shipping offerings.
Spend Matters
OCTOBER 23, 2024
As part of our third-party/supply chain risk management (TPRM/SCRM) series, today we address the ROI of risk management. As we inferred in our exploration of the types and sources of risk, risk management done well can reap rewards, just as risk management ignored can reap chaos. The breadth and depth of risk types and sources can be overwhelming for organizations and even costly if left unchecked.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Brain
OCTOBER 28, 2024
Seattle-based Basel Action Network sounded the alarm that more than 800 tons of electric arc furnace dust were being illegally transported after the group received a tipoff.
Procurement Insights
OCTOBER 29, 2024
What do you see in the graphic below? – [link] Here is what I see: Best of Suite – In theory, end-to-end back-end platforms consisting of multiple Best of Breed front-end bolt-on ProcureTech solutions. (Think Mendocino Project, DUET, and Microsoft Office concept) Best of Breed – Bolt-on systems transformed to front-end Apps (up to 75% of which will be gone by the end of 2025 via acquisition, absorption, or closing down) Build Your Own Suite – The early stages of the Agent
Supply Chain Dive
OCTOBER 29, 2024
The grocery retailer is now using a cloud-based platform at three distribution centers, with plans to expand to the rest of its network by next summer.
Spend Matters
OCTOBER 29, 2024
On October 31 at 10:30 a.m. ET, the Spend Matters Analyst Team will celebrate Halloween by treating all to a webinar that shares the insights they have derived while compiling this year’s 50 to Watch, 50 to Know and Future 5 lists. These lists mark the 11 th year in which Spend Matters highlights the best in procurement technology development and innovation.
Advertiser: GEP
As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.
Shapiro Negotiations Institute
OCTOBER 29, 2024
Put hundreds of banking industry training leaders in a room and watch what happens. That’s exactly what our Director of Business Development Erica McNulty discovered at this year’s Bank Trainers Conference in St. Louis after countless discussions with Training and HR Managers from banks and credit unions across the country. Their message rang loud and clear: traditional training methods have hit their limit, and they want real solutions that work in today’s world.
Supply Chain Brain
OCTOBER 23, 2024
While Boeing’s latest 35% pay offer was a bump from its initial 25% increase, workers are still angered by the failure to reinstate their defined-benefit pension plan.
Procurement Insights
OCTOBER 28, 2024
What do you see in the following screenshot – which I had to get permission to use? In an upcoming video, I will introduce you to the birth of the AI Operating System and where it is headed.
Supply Chain Dive
OCTOBER 24, 2024
The state’s Smackover Formation region may contain up to 19 million tons of the critical mineral, more than enough to meet projected global demand in 2030.
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
Spend Matters
OCTOBER 23, 2024
Geopolitical supply chain risk covers conflicts and political issues and actions across the world that affect regions and borders, economic issues (around the likes of regulations, commodities, natural resources and trade), military risks (around foreign policy and escalating conflict) and social risks (around environment, health outbreaks and safety).
ContractSafe
OCTOBER 28, 2024
IT contacts are the lifeblood of any modern organization. From software licenses to cloud services, data privacy agreements and vendor agreements, these contracts govern how businesses acquire, use, and manage IT assets like SaaS subscriptions, cloud infrastructure, or even hardware rental.
Supply Chain Brain
OCTOBER 23, 2024
As negotiations between the ILA and USMX continue, the issue of automation at ports remains a point of contention.
Procurement Insights
OCTOBER 24, 2024
The following is a DPW post on LinkedIn : Why do some companies scale AI while others get stuck in the proof of concept stage? Accenture research reveals that 75% of executives fear their business won’t survive without scaling AI in the next 5 years. Yet, 76% are struggling to make it happen. At hashtag#DPWAmsterdam , Accenture’s Kris Timmermans highlighted 3 key factors that drive the shift from experimental to exponential AI impact.
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.
Supply Chain Dive
OCTOBER 24, 2024
A condensed peak season is expected to increase in-store shopping activity, which could blunt home delivery demand.
Spend Matters
OCTOBER 22, 2024
This content does not express the views or opinions of Spend Matters. In today’s fast-paced business environment, procurement teams are often trapped in reactive cycles, limited from providing strategic foresight. A key solution is embracing digitalization, specifically by integrating orchestration, automation and artificial intelligence (AI) into procurement processes.
NLPA (Next Level Purchasing Association)
OCTOBER 28, 2024
With today’s mix of hybrid and remote work, knowing how to deal with difficult stakeholders has become more critical than ever. Navigating digital communication and shifting project priorities isn’t always easy, especially when stakeholders are challenging to engage. Below, we’ll go over some common signs of difficult stakeholders and provide practical strategies for overcoming these challenges.
Supply Chain Brain
OCTOBER 22, 2024
Although it's unclear what exactly it is that's sparked this recent increase, most of the threats appear to be coming from anonymous accounts on social media.
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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.
Procurement Insights
OCTOBER 29, 2024
Michael Lamoureux – okay, gloves off When you read the following post , keep one word in mind: solipsistic! Many factors will contribute to the AI Bubble Burst in 2025, which will be more challenging in some ways but concentrated on specific industries. A big part of that is because most solution providers have these fatal flaws: They continue to use a tech-first equation-based development and implementation model.
Supply Chain Dive
OCTOBER 23, 2024
While lower demand may be driving the decline, shippers still have potential carrier surcharges to factor in.
Spend Matters
OCTOBER 24, 2024
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, Halo Ai , ivoflow and True ValueHub. To warrant such attention, these vendors must have a product that is ideally 2-to-5 years old, is used by more than five customers and displays an innovative applic
CPO Rising
OCTOBER 28, 2024
During the last couple of weeks, I’ve attended a few great conferences (shoutout to Zip, Keelvar, DPW and SAP). Several discussions and observations from these conferences point to how the… The post Magnus Mondays — Services and CoEs in a Next-Gen Procurement Tech World appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
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Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.
Supply Chain Brain
OCTOBER 23, 2024
Multi-tier supply chain intelligence has the potential to strongly enhance the resilience of the supply chain, making it an invaluable asset to organizations.
SCMDOJO
OCTOBER 28, 2024
In today’s competitive business landscape, optimizing supply chains is crucial for achieving operational efficiency and cost reduction. While inventory management and logistics often take center stage, another critical component that significantly impacts supply chain performance is fixed asset management. Fixed assets, such as machinery, equipment, and vehicles, are essential for businesses to operate smoothly.
Supply Chain Dive
OCTOBER 23, 2024
The U.S.' largest egg producer also said it's working with growers to add more free-range hens as it converts a former Tyson facility in Missouri.
Spend Matters
OCTOBER 28, 2024
Procurement activities and tasks are operational, tactical and strategic. Therefore, depending on the technology used and the processes digitized, the impact of technology can be divided into automation and augmentation, with augmentation being more ‘autogmentation’ [/aw-tog-men-tay-shun/] as we call it. Traditional AI enables organizations to tackle more complex use cases and follow the path to ‘autogmentation,’ which focuses on augmenting human intelligence and knowledg
Advertiser: GEP
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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