Procurement Leaders
NOVEMBER 18, 2024
It’s amazing how revitalising a few days in the company of a group of procurement leaders can be. Guaranteed to recharge the inspiration batteries, face-to-face time with members is what’s best about being in this role. And being in Singapore for the Asia Pacific Procurement Congress last week left me in no doubt that the region continues to be a powerhouse of energy, innovation, creativity and growth.
Spend Matters
NOVEMBER 19, 2024
As part of our theme this quarter on Procurement’s role and value in supply chain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways. We want to know what are their main concerns, how they intend to address them and how much they rely on tech to help.
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All Things Supply Chain
NOVEMBER 13, 2024
For decades, plastic recycling has been riddled with complexities. Many plastic containers, especially those composed of multi-layered films, have traditionally been deemed unrecyclable.
Supply Chain Brain
NOVEMBER 17, 2024
The role of chief technology officer has evolved significantly over the years, as businesses have come to rely more heavily on technological innovation for their very survival.
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Art of Procurement
NOVEMBER 14, 2024
Anyone who spends their day working with data will tell you that data alone is never enough. It needs to. The post The Power of Visualization in Freight Optimization and Resilience appeared first on Art of Procurement.
Supply Chain Dive
NOVEMBER 19, 2024
The retailer expects to quadruple its order processing output and ramp up next-day delivery thanks to four new facilities it opened this year.
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
NOVEMBER 18, 2024
In June 2024, New York Governor Kathy Hochul called off an earlier version of the congestion pricing plan just two weeks before it was supposed to go into effect.
Procurement Insights
NOVEMBER 17, 2024
EDITOR’S NOTE: Today’s post is inspired by the following LinkedIn post by Marijn Overvest. Once you understand ChatGPT in procurement, even your coffee orders get a cost-benefit analysis. Once you know how to use it, there is no way you’ll ever work without it. Hope you liked this post! Repost to share with your network. My name is Marijn Overvest , I’m the founder of Procurement Tactics – we train procurement teams with online courses.
Spend Matters
NOVEMBER 14, 2024
The annual State of Flux global supplier relationship (SRM) management study made its appearance in London last week at the 2024 Supplier Management Summit in its 16th rendition, this time themed ‘Return on Relationships (RoR). The report once again delivers data-backed findings of the state of SRM across the globe and gives best practice models, guidance and suggestions stemming from those findings.
Supply Chain Dive
NOVEMBER 14, 2024
The cleaning product manufacturer is partnering with a carbon tracking service Manufacture 2030 to gain visibility into its vendors’ emission reduction plans.
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.
Arkestro
NOVEMBER 19, 2024
Resources / Blog / Navigating Procurement Disruptions: A Candid Discussion with Dr. Rutkoski Navigating Procurement Disruptions: A Candid Discussion with Dr. Rutkoski It’s no secret that we’re in the midst of a supply chain crisis. The Baltimore bridge collapse , geopolitical instability , and even recent IT outages have impacted a whole range of industries, from airlines to banking to logistics.
Supply Chain Brain
NOVEMBER 18, 2024
When it comes to assessing and managing the health of one’s suppliers, anticipating and mitigating risk is crucial to maintaining operational stability.
Procurement Insights
NOVEMBER 19, 2024
Subject: James Carithers, Chief Operating Officer, Peak Utility Services Group ProcureTech Provider: AdaptOne Summary: ProcureTech solution development and implementation are not complicated, but they do require leadership, the right values, synergies between practitioners and providers, and knowledge of the differences between a buy, build, and customize strategy.
Spend Matters
NOVEMBER 14, 2024
As we explained in part 1, the “no UI is the new UI” concept is making a comeback because of the rise of generative AI (GenAI). GenAI has opened up new possibilities for providers to enhance their applications with new AI capabilities, one of which is chatbots. Chatbots are a way to move from graphical user interfaces (GUI) to conversational user interfaces (CUX).
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
Supply Chain Dive
NOVEMBER 18, 2024
The pricing changes, slated to take effect in January, aim to provide a revenue boost for the financially struggling agency.
CPO Rising
NOVEMBER 18, 2024
For the last decade or so, the go-to solution for automating the Procure to Pay (P2P) process has been … wait for it … P2P suites. The P2P process covers… The post Magnus Mondays — Flexibility or Control? Why Not Both? appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Supply Chain Brain
NOVEMBER 13, 2024
By aligning loans with inventory turnover, reducing supply chain timelines, and carefully balancing inventory purchases, businesses can significantly cut costs and boost profitability.
Procurement Insights
NOVEMBER 18, 2024
EDITOR’S NOTE: Have a look at the graphic below. While it has agent-based model development and implementation elements, it still seems to be focused on the equation-based tech theme. What do you think? My Thoughts Here is an excerpt from the following post – [link] Whenever I am asked “about the “evergreen” evolution of high-tech computing, my answer has always been the same – it’s not about the technology but the problems the technology solves.
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.
Spend Matters
NOVEMBER 19, 2024
As part of our Q4 research into supplier risk, third-party and supply-chain risk management (TPRM/SCRM) and the solutions that support it, we have not only conducted analyst- and market-led research in the shape of analyses, advisory, definitions and webinars, but taken the pulse of the practitioners who use that technology and who deal with risk on a daily basis (for example here and here ).
Supply Chain Dive
NOVEMBER 18, 2024
The agency will also lean on expanded processing capacity and early morning courier routes to strengthen holiday service reliability.
SCMDOJO
NOVEMBER 17, 2024
Ready to unlock the secrets of the supply chain? These websites offer a treasure trove of knowledge to elevate your skills and drive business success. We have compiled this information after careful and in-depth research. Before we deep dive into the details of each website, look at the summarised value proposition table we have made for you: Which Platform to Choose?
Supply Chain Brain
NOVEMBER 18, 2024
The China-backed megaport has the potential to create whole new trade routes that will bypass North America entirely.
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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.
Art of Procurement
NOVEMBER 17, 2024
“There are not many functions, if any, other than procurement that sit in a position to both positively and negatively. The post Can Procurement Save the World? appeared first on Art of Procurement.
Spend Matters
NOVEMBER 13, 2024
In today’s fast-evolving business landscape, procurement and supply chain professionals are confronted with a staggering complexity of risk management (link to complexity piece) that requires a nuanced understanding of various dimensions of risk. The prevailing VUCA environment underscores this challenge — marked by volatility, uncertainty, complexity and ambiguity — which has become a defining characteristic of global markets.
Supply Chain Dive
NOVEMBER 13, 2024
The company is planning further workforce reductions that it aims to complete next year.
Procurement Insights
NOVEMBER 16, 2024
I saw a terrific demo session yesterday hosted by Joël Collin-Demers and Gabe Perez. By the way, you have to start tuning into the weekly Road to the ProcureTech Cup series which airs every Friday at 12:00 Noon ET. The solution provider – Focal Point, was represented by Matthew Buckingham and Zach Bolt. As I sip my second cup of coffee this morning – yes, like Larry Leung I love my coffee, and reflect on what I saw, the Focal Point solution reminded me of the following classic televi
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Supply Chain Brain
NOVEMBER 14, 2024
Businesses are poised to continue bringing in larger volumes of goods through the end of the year, which is normally a quieter time for the ports.
ContractSafe
NOVEMBER 18, 2024
Learn about non-disclosure agreements (NDAs) in this guide. Draft, customize, and manage NDAs effectively to protect your confidential information.
Spend Matters
NOVEMBER 14, 2024
The phrase “no UI is the new UI” is a popular concept in user experience design. It suggests that the best user interfaces are often invisible or unobtrusive. Instead of relying on traditional visual elements like buttons, menus and text fields, these interfaces anticipate user needs and perform actions automatically or through subtle cues, creating a more seamless and intuitive experience.
Supply Chain Dive
NOVEMBER 18, 2024
The home improvement retailer plans to take a "differentiated" approach built on its previous efforts to navigate higher duties.
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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