Spend Matters

DECEMBER 23, 2024

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys. Alexandra Arens , Senior Content Marketing Manager at Onventis , shares what their customers are looking for from their digital procurement investment based on the 2024 Procurement Barometer study results

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Supply Chain Brain

DECEMBER 23, 2024

The Teamsters say that they represent more than 10,000 Amazon workers combined across 10 U.S. warehouses and delivery stations.

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Supply Chain Dive

DECEMBER 19, 2024

Policymakers reduced the benchmark interest despite signs that their nearly three-year fight to push down inflation to their 2% target has stalled.

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Supply Chain Brain

DECEMBER 19, 2024

The newly-formed Digital FTL Council includes representatives from companies such as Nordstrom, Uber Freight, J.B. Hunt and C.H. Robinson among others.

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supply chain budgeting

Barkers Procurement

DECEMBER 19, 2024

In the realm of modern business practices, Environmental, Social, and Governance (ESG) criteria have become integral to shaping the strategic framework of organisations aiming to operate sustainably and ethically. For companies committed to embracing these principles, monitoring and reporting ESG metrics within the supply chain is not just a regulatory requirement but a strategic imperative that enhances transparency, builds trust, and secures a competitive edge.

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Procurement Express

DECEMBER 24, 2024

The way businesses handle purchasing is evolving. Were seeing a shift from outdated, manual processes to streamlined systems that turn procurement into a strategic advantage. And at the heart of this transformation is the purchase order management system. Submitting purchase order documents the old-fashioned way isnt just inefficient. Its risky. Without proper purchase controls, budgets spiral, supplier management suffers, and inventory levels become a guessing game.

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Arkestro

DECEMBER 26, 2024

Resources / Blog / 5 Procurement Industry Trends to Watch in 2025 5 Procurement Industry Trends to Watch in 2025 In recent years, the procurement industry has undergone unprecedented transformations driven by the adoption of digital transformation, big data, and advanced technology like artificial intelligence (AI), machine learning, and automation.

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Procurement Freelancers

DECEMBER 20, 2024

For businesses seeking guidance on supply chain optimization, supplier auditors play a crucial role in… The post Boosting Profit Margins with Efficient Supplier Audit Practices first appeared on Procurement Blog | Procurement & Supply Chain News.

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ContractSafe

DECEMBER 19, 2024

As the year comes to a close, we're excited to share the innovative features we've brought to ContractSafe this year. Whether you're looking to gain better visibility into your contracts, automate tedious tasks, or improve collaboration, our latest features were designed to help your team save time and reduce complexity.

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Supply Chain Dive

DECEMBER 19, 2024

The agency's complaint alleges the alcohol distributor has withheld volume discounts to smaller retailers while favoring larger chain stores since 2018.

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Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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Supply Chain Brain

DECEMBER 19, 2024

Many of these trends are already picking up speed, and much will come down to rapidity of adaptation and adoption, both practice and tech-wise.

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Let's Talk Supply Chain

DECEMBER 23, 2024

Its a couple of days before the holidays, the Lets Talk Supply Chain team are having a well-deserved break, and so today, instead of an interview, were bringing you one of my favorite recent episodes from one of our live shows On The Margins with Coupa. On the Margins inspires business leaders to explore the what-ifs of success in the modern era. The show explores the often overlooked and seemingly marginal aspects of procurement, supply chain, and finance operations to reveal thought-provokin

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Procurement Freelancers

DECEMBER 23, 2024

Keeping a competitive edge in a fast-paced, globalized economy is crucial, and long lead times… The post How Strategic Purchasing Reduces Lead Times with Supplier Collaboration first appeared on Procurement Blog | Procurement & Supply Chain News.

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CPO Rising

DECEMBER 23, 2024

Editors Note: Over the next few weeks on CPO Rising, were publishing some best of 2024 articles as we reflect on the year and prepare for the new year ahead.… The post Best of 2024: Magnus Mondays Navigating the Raw Essentials: A Primer on Direct Materials appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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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.

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Supply Chain Dive

DECEMBER 20, 2024

The e-commerce giant said work stoppages at seven facilities have not impacted operations.

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Supply Chain Brain

DECEMBER 23, 2024

In finished vehicle logistics, p erhaps the most impactful benefit of real-time location intelligence is its ability to modernize legacy processes through automation.

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Procurement Express

DECEMBER 24, 2024

Purchase control is one of those things that feels small until its not. Its the foundation for managing company spend, keeping cash flow in check, and making sure your team doesnt spend three days tracking down a single lost receipt. And yet, for a lot of small businesses, its a total mess. Purchasing is about getting the right stuff at the right time from the right suppliers for a fair price without blowing up your budget or your supplier relationships.

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Procurement Insights

DECEMBER 20, 2024

Since most people using ChatGPT trust the outcome (an estimated 60% to 80%), I thought I would throw it a curve ball and ask who ProPurchaser’s main competitors are. It would be an understatement to say I was surprised that ChatGPT identified ZIP as one of ProPurchaser’s top five competitors. I then asked the next (and obvious) question, why are ZIP and ProPurchaser considered competitors?

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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

Bidding

CPO Rising

DECEMBER 20, 2024

Did you miss Ardent Partners’ recent webinar,Cast a Wider Net: Leveraging Innovation to Expand Procurements Influence and Impact,that shed light on how procurement can deliver greater value by focusing on… The post Part Three: Expanding Procurement’s Influence Connecting Strategy, Users, and Technology appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Supply Chain Dive

DECEMBER 20, 2024

The industry saw significant upheaval, with a major container vessel crash, natural disasters and port and rail shutdowns. Here are some memorable moments.

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Supply Chain Brain

DECEMBER 19, 2024

The FLOW program also now accounts for 75% of all U.S. container imports, as well as 80% of the country's container terminal capacity.

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Procurement Talk with David Byrne

DECEMBER 19, 2024

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary On this episode of Talent Talks, Samuel De Frates, Kathryn Thompson and Bilal Shaykh discuss the transformative role of AI in procurement, exploring its potential to enhance supplier selection, risk management, and overall efficiency. They delve into the challenges faced by procurement professionals, … Continued The post Talent Talks Live 2024: How AI is shaping the future of Procurement – Episode 106 appeared first

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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.

Real-time Visibility

Procurement Insights

DECEMBER 19, 2024

Subject: Stephane Maillard, Head of Sourcing Strategy and Execution ProcureTech Provider: Focal Point Summary: In a recent interview, Jon Hansen interviewed Stephane Maillard, a scientist with a pharmacy background who transitioned from clinical management to sourcing procurement at Sanofi. The discussion began by highlighting Stephane’s experience and the need for a documentation and project management tool to streamline clinical services.

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Let's Talk Supply Chain

DECEMBER 19, 2024

In the last Women In Supply Chain blog of the year, we want to take a look at what next year has to offer for industry trends and growth. Theres a lot. Technology, consumer sentiments, extreme weather, and geopolitical factors will all make an impact, forcing leaders to continue evolving. So, expect to see a serious evolution in sustainability and circular supply chains demanded by consumers and some governmental institutions alike.

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Supply Chain Dive

DECEMBER 20, 2024

Proactive capacity management contributed to a 12% YoY increase in the global air cargo spot rate since the start of peak season, compared to 25% in 2023.

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Supply Chain Brain

DECEMBER 19, 2024

The National Retail Federation is predicting the second busiest "Super Saturday" since 2016, as consumers get in their last-minute holiday shopping.

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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 Optimization

Supply Chain Dive

DECEMBER 20, 2024

The less-than-truckload unit aims to sustain or improve service levels while also bolstering its sales ranks.

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Supply Chain Brain

DECEMBER 23, 2024

The transportation management landscape is evolving rapidly, and artificial intelligence (AI) is leading the charge in transforming how businesses operate. From streamlining processes to improving decision-making and driving down costs, TMS solutions are revolutionizing supply chains worldwide, but what can AI bring to the table?

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Supply Chain Brain

DECEMBER 23, 2024

Pini Althaus, chief executive officer of Cove Capital, explains the ramifications of Chinas recent ban on exports to the U.S. of certain critical materials.

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Supply Chain Brain

DECEMBER 23, 2024

The ATRI also found that congestion caused the industry to waste 6.4 billion gallons of diesel fuel, creating more than $32 billion in additional fuel costs.

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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 Optimization