Wed.Nov 29, 2023

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How is the e-procurement system different from ERPs?

ProcurePort

In the dynamic and ever-evolving landscape of modern business operations, organizations are increasingly turning to innovative technologies to streamline their processes and enhance overall efficiency. Among the many technological advancements, Electronic Procurement (e-procurement) systems and Enterprise Resource Planning (ERPs) have emerged as integral components in the pursuit of operational optimization.

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Amazon Launches Four New AWS Supply Chain Tools

Supply Chain Brain

The new tools include AWS Supply Chain Planning, AWS Supply Chain N-Tier Visibility, AWS Supply Chain Sustainability and Amazon Q.

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Cargill bolsters traceability efforts to end deforestation in South America

Supply Chain Dive

One of the world's largest commodities traders is moving up its timeline to eliminate land use conversion from supply chains in Argentina, Brazil and Uruguay.

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Walmart Increasing Imports to the U.S. from India

Supply Chain Brain

Walmart shipped 25% of its U.S. imports from India between January 2023 and August 2023, up from just 2% in 2018.

Import 110
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How to Create Sales Email Sequences That Convert

Modern go-to-market teams know it takes more than one email to break through the noise. Multiple touchpoints means more ways to get your pitch right — and, potentially, more ways to be wrong. The good news? Once you know how to write compelling, one-off emails to entice prospective customers, you can easily do the same across a short sequence of emails.

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Walmart is creating new platform to more easily work with suppliers

Supply Chain Dive

The retailer has teamed up with enterprise retail technology solutions company Bamboo Rose to streamline its supply chain.

Suppliers 111
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Excess Inventory: Causes, Consequences and How to Avoid it?

SCMDOJO

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow. That’s why streamlining your inventory management strategies is crucial for success.

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More Trending

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Florida Producer Growers, Brokerages Included in ReposiTrak Expansion

Supply Chain Brain

Some of the new users include a Longwood, Florida-based watermelon grower, processor and brokerage as well as an Immokalee, Florida-based green bean, eggplant, squash and pepper grower.

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Burlington leans on inventory management to boost margins

Supply Chain Dive

After working through reserve stocks, the retailer has learned to increase merchandise turnover by distributing goods to stores more quickly.

Inventory 107
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How to Reduce Warehouse Picking Errors

Supply Chain Brain

Picking errors are common at the best of times, but they can be a particular issue when it comes to recruiting new and inexperienced workers.

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Innovation Ramps Up as Firms Invest in Supply Chain

SCMR (Supply Chain Management Review)

The average company investment in supply chain innovation has nearly doubled in 2023 compared to 2022, according to new research from Catena Solutions.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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B2B Buying Behavior Now Aligned with Consumer Buying Habits

Supply Chain Brain

Ninety percent of responders said that the demand for digital B2B buying experiences has increased either somewhat or substantially over the last two years.

Demand 98
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Supplios: Vendor Analysis — Supplier management and sourcing solution for direct materials overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Supplios. Supplios is a supplier collaboration platform built specifically to help manufacturers work with their direct-material suppliers. The platform has built-in functionalities for supplier management, direct material sourcing and procurement, supplier onboarding, supplier quality and supplier performance management.

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Three Ways Technology Can Stop Greenwashing in its Tracks

Supply Chain Brain

Mitigating the legal, financial and reputational risks of greenwashing is complex, but it has also never been more important.

Risk 97
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Best practices for hybrid cloud banking applications secure and compliant deployment across IBM Cloud and Satellite

IBM Supply Chain Blog

Financial Services clients are increasingly looking to modernize their applications. This includes modernization of code development and maintenance (helping with scarce skills and allowing innovation and new technologies required by end users) as well as improvement of deployment and operations, using agile techniques and DevSecOps. As part of their modernization journey, clients want to have flexibility to determine what is the best “fit for purpose” deployment location for their a

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Foundational ABM Building Blocks

Account-based marketing (ABM) is a key strategy for driving sustainable growth. Today, many B2B companies use ABM teams or technologies to make sales. But getting a program off the ground successfully doesn’t have to be a daunting task. Watch this webinar with Rachael Foster, Director of Account-Based Experience at ZoomInfo, and Dan Dolph, Manager of Account-Based Experience at ZoomInfo.

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Transatlantic Flight Powered by Alternative Fuels Lands in U.S.

Supply Chain Brain

Of the two types of alternative fuels used for the flight, 88% were derived from waste fats while the remaining 12% came from U.S.-based corn production waste.

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Timeline: How Estes responded to a cyberattack

Supply Chain Dive

The trucking company actively communicated with shippers during its crisis as the carrier worked to restore its systems.

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Nio and Geely Sign Battery Swapping Agreement

Supply Chain Brain

Geely is the second car manufacturer to sign a battery swapping deal with Nio, who is also working with Changan Automobile.

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Real-time artificial intelligence and event processing  

IBM Supply Chain Blog

By leveraging AI for real-time event processing, businesses can connect the dots between disparate events to detect and respond to new trends, threats and opportunities. In 2023, the IBM® Institute for Business Value (IBV) surveyed 2,500 global executives and found that best-in-class companies are reaping a 13% ROI from their AI projects—more than twice the average ROI of 5.9%.

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The 2nd Generation of Innovation Management: A Survival Guide

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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Spirit AeroSystems COO is out

Supply Chain Dive

Sam Marnick is the second executive to leave the Boeing supplier in the past two months, following the departure of former CEO Thomas Gentile.

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Synthetic data generation: Building trust by ensuring privacy and quality

IBM Supply Chain Blog

With the emergence of new advances and applications in machine learning models and artificial intelligence, including generative AI, generative adversarial networks, computer vision and transformers, many businesses are seeking to address their most pressing real-world data challenges using both types of synthetic data: structured and unstructured. Structured synthetic data types are quantitative and includes tabular data, such as numbers or values, while unstructured synthetic data types are qu

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Are Supplier Diversity Programs Running Out of Gas – Again?

Procurement Insights

“When I was given an advanced peek at Jamie Crump’s white paper , “Rumors of My Death Have Been Greatly Exaggerated: How Supplier Diversity Will Thrive in 2024 and Beyond”, a cascade of thoughts ran through my head. To start, I was reminded of my research on diversity some time ago and how, even though it is a significant focus in 2023, the idea or concept was first introduced in the 1950s.

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Port of Savannah cargo volumes dip 19% YoY in October

Supply Chain Dive

Despite the drop, TEUs were up 11% month-over-month at the Southeastern port.

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AI in Sales: How AI is Transforming Go-to-Market

How will generative AI transform sales? It’s a question that promises to drive billions of dollars in revenue opportunities over the next five to 10 years. And if you’re not leveraging AI solutions in your go-to-market motions, you’re already behind. In this eBook, we’ll cover: How today’s top sales leaders are incorporating AI into their go-to-market motions.

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How blockchain enables trust in water trading

IBM Supply Chain Blog

Australia pioneered water rights trading in the early 1900s, becoming a world leader in water sharing between valleys. The initiative extended throughout the states of Australia across the Murray-Darling Basin (MDB). However, findings from the water market’s inquiry of the MDB, completed by the Australian Consumer and Competition Commission (ACCC) and the Department of Climate Change, Energy, the Environment and Water (DCCEEW), highlighted a great many challenges of the system.

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11 Things You Can Do While a GPO Works Behind the Scenes

Una

11 Things You Can Do While Your GPO Works Behind the Scenes Explore 11 things you could be doing while your GPO takes care of time-consuming procurement tasks behind the scenes. By Hugo Britt | November 30, 2023 Search Search What would Santa do without the ability to outsource key tasks to his elves? Imagine if he had to look after all the toy-making, gift-wrapping, and present-packing himself – he’d be overworked, stressed out, and would probably miss his all-important delivery deadline.

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Sensors, signals and synergy: Enhancing Downer’s data exploration with IBM

IBM Supply Chain Blog

In the realm of urban transportation, precision is pivotal. Downer, a leading provider of integrated services in Australia and New Zealand, considers itself a guardian of the elaborate transportation matrix, and it continually seeks to enhance its operational efficiency. With over 200 trains and a multitude of sensors, Downer has accumulated a vast amount of data.

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Watch: Challenges in a Changing LTL Market

Supply Chain Brain

Kent Williams, executive vice president of sales and marketing at Averitt, would like to see better relationships between shippers and less-than-truckload (LTL) carriers.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

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.

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Transforming Pharmaceutical Manufacturing- The Crucial Role of Supplier Management

HICX

Procurement professionals in the pharmaceutical manufacturing industry face unique challenges. Just as their counterparts in other sectors, they must deliver digital transformation, while ensuring investment in existing technologies is maximized, but also they face additional hurdles relating to the regulatory environment, the complexity of supplier relationships, the particularly high levels of scrutiny, and managing the subsequent amount of data and information that are required in this contex

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The Role of Strategic Purchasing in Streamlining Business Operations

Procurement Freelancers

Are you ready to uncover the hidden power of strategic purchasing?

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‘Tis the Season for December Webinars

CPO Rising

As 2024 quickly approaches, Ardent Partners is ending the year with two exciting webinars focusing on trends related to Accounts Payable and Procurement. Take a moment to review our December offerings and register for both events.

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The Financial Impact of Employee Turnover and How Conflict Resolution Courses Can Help

Negotiations Ninja

Employee turnover is a significant concern for Canadian businesses. According to the HR Reporter, Canada ranks fourth in turnover rates worldwide at 16%. While the cost of turnover varies for every role depending on salary and onboarding processes, the price associated with hiring and training a new employee is substantial in just about every business.

Price 52
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Marketing Operations Efficiency: The Essential Checklist

As marketing becomes more tech-driven, the role of marketing operations (MOps) is getting more complex. Today, the discipline is increasingly interwoven with other vital go-to-market motions — including sales and customer support — and is responsible for all business elements associated with marketing, including the tech stack. In this eBook, we’ll show you how marketing operations can create efficiencies in your tech stack, reporting, and budget that will not just improve internal processes, bu