Procurement Templates
MARCH 6, 2024
Ok, so we all agree that us procurement people are powerhouses to yield good results, well most of the time! We all love a good simile or metaphor or what ever it is, and they can be quite useful in getting down to the core qualities of something in one fell swoop. In a busy department, when trying to get to know your workmates, there is good way of getting to know each other, what fruit would you be?
SCMR (Supply Chain Management Review)
MARCH 6, 2024
PepsiCo is known for its iconic food and beverage items, but it required partnering with other organizations to truly remake its supply chain on a journey to be “always everywhere” for its customers.
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Supply Chain Brain
MARCH 6, 2024
Industry consolidation will continue this year as a proving ground for companies’ tech. Two thousand twenty-four will be the year our industry begins to realize the promises of modernity.
Supply Chain Dive
MARCH 6, 2024
The shipping line’s CEO also said he expects the maritime industry to settle for four alliances instead of three moving forward.
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Spend Matters
MARCH 6, 2024
Artificial intelligence (AI) comes in many forms and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. In this series of articles, we explore the current state of AI in procurement technology. Today we cover the Risk Management market. We give an overview of its capabilities, a high-level market outline and an introduction to the emerging field of GenAI.
Supply Chain Brain
MARCH 6, 2024
ProcureCon IT Sourcing invites leading IT sourcing executives to attend the premier peer-led conference for senior-level procurement professionals in the IT sourcing community.
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
MARCH 6, 2024
The territorial waters affected extend halfway into the 12-mile-wide Bab al-Mandab Strait, through which around 15% of the world's shipping traffic passes.
Supply Chain Dive
MARCH 6, 2024
The agency scaled back reporting requirements for scope 1 and 2 and will take a phased approach to the new mandates.
Supply Chain Brain
MARCH 6, 2024
Empathetic leadership is so much more than leaders saying caring words. It’s about taking the time to listen to and understand, then following up with meaningful actions.
Supply Chain Dive
MARCH 6, 2024
Not shipping from stores helps reduce the amount of time associates have to spend picking, packing and staging items, Senior EVP Ann-Marie Campbell said.
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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.
Supply Chain Brain
MARCH 6, 2024
If adopted, the new draft would represent a win for many corporations and their trade groups that lobbied to water down the rules.
Supply Chain Dive
MARCH 6, 2024
The auto parts retailer is halfway toward its goal of opening 200 of these stores, which can replenish inventory at nearby locations.
IBM Supply Chain Blog
MARCH 6, 2024
As businesses adapt to the evolving digital landscape, cloud migration became an important step toward achieving greater efficiency, scalability and security. Cloud migration is the process of transferring data, applications and on-premises infrastructure to a cloud computing environment. This shift involves a fundamental change in the way a company operates.
Shapiro Negotiations Institute
MARCH 6, 2024
In an age where artificial intelligence (AI) is helpful in almost every aspect of our lives—from enhancing training simulations to automating the scheduling of meetings—it’s easy to be in awe of the efficiency it brings. Yet, amidst this technological marvel, the value of human interaction, especially in the realm of learning and development, remains unparalleled.
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
Fraxion
MARCH 6, 2024
We’re excited to announce the latest feature release and optimization to our procure-to-pay suite. Introducing Fraxion AP automation , an AI-powered tool, engineered to reduce the time and costs associated with accounts payable processes.
Supply Chain Brain
MARCH 6, 2024
The accusation is that no documents exist at Boeing to explain how the airplane left its factory missing bolts that would have prevented the accident in the first place.
Una
MARCH 6, 2024
Your Business Guide to Outsourced Procurement A comprehensive guide to outsourced procurement and the benefits of working with a group purchasing organization to save money, time, and effort. Download Full Guide Introduction Everyone outsources. Outsourcing is something we all do in our daily lives, often without even realizing it. From hiring a plumber to fix a leaky faucet to ordering takeout instead of cooking dinner, people commonly outsource tasks to save time, reduce stress, or simply beca
Barkers Procurement
MARCH 6, 2024
This property regeneration clientselected Barkers to conduct a maturity assessment and benchmark of its existing procurement capability. The client has no central procurement function, with each business unit conducting its own procurements, from business requirement through to contract expiration. The assessment focused on a root cause analysis, proposed solutions, blueprint Target Operating Model, with quick win and longer-term recommendations.
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 Brain
MARCH 6, 2024
Technology aims to help drayage companies operating both asset and non-asset divisions.
CPO Rising
MARCH 6, 2024
Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with your news story here. Procurement Executive News Bonnie Kahakui Nominated to Lead Hawaii’s State Procurement Office HONOLULU — Governor Josh Green, M.D.
Supply Chain Brain
MARCH 6, 2024
The Yemen-based Houthi described the carrier as “a U.S. ship,” which its owners and the Biden administration said isn’t true.
IBM Supply Chain Blog
MARCH 6, 2024
Software development is one arena where we are already seeing significant impacts from generative AI tools. The benefits are many, and significant productivity gains are currently available to enterprises that embrace these tools. A McKinsey study claims that software developers can complete coding tasks up to twice as fast with generative AI. The consulting firm’s research found, unsurprisingly, that complex coding tasks were not severely affected by the use of generative AI, so worries a
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