Wed.Mar 20, 2024

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4 best practices for the global supply chain of the future

Supply Chain Dive

Consulting experts, prioritizing data analytics and highlighting sustainability efforts can help ensure reliable operations in the face of global disruption.

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Same-Day Delivery: Pricey, But Worth It

Supply Chain Brain

Including same-day delivery options is good for business, bringing long-term, strategic benefits that should counter the typical six-figure cost of setting it up.

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Finding the Right Approach for Supply Chain Education

SCMR (Supply Chain Management Review)

The COVID pandemic accelerated the adoption of online supply chain education. Today, organizations and employees have their choice of online, in-person or hybrid learning environments, but there is no one-size-fits-all approach.

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Supply Chain Squeeze: How Automakers Can Beat the Battery Bottleneck

Supply Chain Brain

The predicted surge in electric vehicle demand carries the potential to exacerbate sourcing challenges for key battery minerals, potentially disrupting automotive manufacturing.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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Autogmentation Part 5: A detailed examination of GenAI features in procurement tech

Spend Matters

Procurement has not been immune to the latest evolution in technology. While initial automations initially increased process velocity by taking over more tactical, repetitive tasks, they gradually evolved to cover more complex ones. At first, these only required more analytical activities to augment human workers, but they eventually evolved from predictive and prescriptive analytics towards more embedded and autonomous analytics that directly help execute the workflows.

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AI Takes Center Stage on List of 2024's Top Supply Chain Tech Trends

Supply Chain Brain

AI plays a prominent role in at least four of the eight supply chain tech trends highlighted by research firm Gartner.

More Trending

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Biden Admin Supply Chain Initiative Starts Sharing Critical Data With Freight Hubs

Supply Chain Brain

The Biden Administration's FLOW initiative was first launched in March of 2022 as a response to supply chain disruptions brought on by the pandemic.

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Boeing to spend $4B plus to fix safety, supply chain woes: CFO

Supply Chain Dive

The aerospace company is pushing to lower instances of components being completed outside a production line's typical flow.

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U.K. Startup Gets $2.8M Grant for Wind Propulsion Tech on Commercial Ships

Supply Chain Brain

The company's Wingsail technology acts as a complement to a ship's existing fossil-fuel propulsion systems, designed to cut down on fuel use and emissions.

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Department of Transportation’s FLOW platform deepens supply chain data pool

Supply Chain Dive

Published information now covers inland freight hubs like rail terminals and warehouses to help users mitigate logistics challenges.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Episode 157: Telling a Compelling Procurement Story with Alex Ball

Una

EPISODE 157 Telling a Compelling Procurement Story with Alex Ball By Kelly Barner | March 20, 2024 Marketing requires a combination of data and storytelling to motivate people to take a desired action, whether that is making a purchase, supporting a cause, or providing their email address. Procurement can leverage a marketing-esque combination of information and storytelling to build consensus, increase influence, and even control the narrative when plans go awry.

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GE Aerospace to invest $650M in global facilities, US suppliers

Supply Chain Dive

The Boeing engine supplier’s spending will include new machines, equipment, building upgrades and improved safety measures.

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Migrate and modernize enterprise integration using IBM Cloud Pak for Integration with Red Hat OpenShift Service on AWS (ROSA)

IBM Supply Chain Blog

Integration is essential to every business. As businesses consider the core of their IT infrastructure, their focus might be on their data and applications. But without integration, the data would be locked into siloes; and the applications would be isolated and overloaded with complexity as fragile, tightly coupled connections were added to allow applications to work together and share information.

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Revolutionizing Supply Chain Decision-Making with Decision Intelligence

Supply Chain Trend

In the fast-paced world of supply chain management, the ability to make timely and informed decisions can spell the difference between success and failure. One crucial aspect of this decision-making process occurs in the sales and operations execution horizon—a critical 13-week window where key stakeholders gather weekly to navigate the complexities of demand planning, supply management, inventory allocation, and more.

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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Boeing Sees Massive Cash Drain as 737 Max Episode Takes Toll

Supply Chain Brain

Investor expectations have dimmed for what was supposed to be a crucial year in the manufacturer’s recovery from a half decade of turmoil.

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Wondering If You’re Too Big for Group Purchasing?

Una

Wondering If You're Too Big for Group Purchasing? Wondering if you’re too big for group purchasing? Even the largest enterprises with well-resourced procurement teams can uncover excellent value by partnering with a GPO in certain categories. By Hugo Britt | March 21, 2024 Search Search There are some things a large business will never outgrow.

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Katana Launches Tool to Manage Inventory Planning and Forecasting

Supply Chain Brain

Katana's tool tracks what customers want and how much they need of specific offerings, and then forecasts when they might need those products.

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WEBINAR | Digital Category Management – Better, faster, but is it robust?

Positive Purchasing

Can Digital Category Management Enhance Efficiency Without Sacrificing Human integrity? We are delighted to have formed a new tech partnership with Matchory ! Matchory is a Germany-based supplier discovery tool, enabling fast and easy searches for new vendors, from a database of millions of companies. This is a great complementary solution which can be used alongside tools like Capella , our guided category strategy creator®, and Ruby , our guided negotiation plan creator ®.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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Analyzing the Global State of Services Procurement

Art of Procurement

Services spend is becoming an increasingly important strategic category for procurement to manage as more and more businesses rely on. The post Analyzing the Global State of Services Procurement appeared first on Art of Procurement.

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Procurement News — March 20, 2024

CPO Rising

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.

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Building for operational resilience in the age of AI and hybrid cloud

IBM Supply Chain Blog

Each year we see the challenges that enterprises face become more complex as they strive to keep up with the latest technologies, such as generative AI, and increasing customer expectations. For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more.

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Public cloud use cases: 10 ways organizations are leveraging public cloud

IBM Supply Chain Blog

Public cloud adoption has soared since the launch of the first commercial cloud two decades ago. Most of us take for granted the countless ways public cloud-related services—social media sites (Instagram), video streaming services (Netflix), web-based email applications (Gmail), and more—permeate our lives. In the business sphere, both large enterprises and small startups depend on public cloud computing models to provide the flexibility, cost-effectiveness and scalability needed to

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.