Navigating the Perfect Storm: How 2024’s Holiday Supply Chain Challenges Can Drive Innovation
All Things Supply Chain
DECEMBER 16, 2024
As we head into the 2024 holiday season, the global supply chain faces a convergence of.
Mon.Dec 16, 2024
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Tariffs and Procurement (Part 3): Tech capabilities for proper tariff management
Spend Matters
DECEMBER 16, 2024
In part 1 of this mini series on tariffs we looked in more detail at what we mean by tariffs and in part 2 we talked about a Procurement action plan. In part 3 we look at the tech that can support Procurement in tariff management. Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. Together, these disciplines empower organizations to handle tariff-related risks (and a broader range of supply chain challenges that extend well beyond tar
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?
Five Insights for Procurement Teams Navigating Peak Season
Barkers Procurement
DECEMBER 16, 2024
With Christmas and January sales approaching, procurement teams are well into peak season. Those working for FMCG businesses will be familiar with this period of high demand, its long hours and the pressures of ever-evolving expectations. Its a time when the stakes are high. On the one hand, supply chain weaknesses are open to risk, and even the smallest challenges are magnified.
Blue Yonder helps restore operations for majority of impacted customers
Supply Chain Dive
DECEMBER 16, 2024
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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Demonstrating the Impact and ROI of Sustainability in the Supply Chain
Supply Chain Brain
DECEMBER 16, 2024
AI Expert Noelle Russell Highlights Industry Transformation at MEMA Luncheon
Arkestro
DECEMBER 16, 2024
Resources / Blog / AI Expert Noelle Russell Highlights Industry Transformation at MEMA Luncheon AI Expert Noelle Russell Highlights Industry Transformation at MEMA Luncheon Arkestro was recently a proud sponsor of the MEMA OE Women In Industry Luncheon, where AI expert Noelle Russell , delivered an insightful keynote address on artificial intelligence’s transformative impact across industries.
Fueling Supply Chain Transformation: What Funding Patterns Tell Us About Supply Chain Innovation
Supply Chain Brain
DECEMBER 16, 2024
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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.
Best of 2024: Magnus Mondays — Why Is There No “Mega Vendor” in the Procurement Space?
CPO Rising
DECEMBER 16, 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… The post Best of 2024: Magnus Mondays Why Is There No Mega Vendor in the Procurement Space? appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Which presents the greatest challenge to you, negotiating with a supplier when costs go up or down, and why?
Procurement Insights
DECEMBER 16, 2024
Marijn Overvest – Procurement Tactics (LinkedIn Post) Supplier-Procurer Dynamics, Unfiltered! We love talking to procurement Really? Lets be honestthose chats seem to flow better when its about justifying price increases rather than revisiting reductions. When raw material prices increase, suppliers are quick to bring it to the table (and fair enoughcosts are costs!).
441: Leverage Drayage Rating and Quoting Best Practices to Improve Supply Chain Management, Visibility and Logistics Execution, with CargoWise Landside
Let's Talk Supply Chain
DECEMBER 16, 2024
Today Im joined by digital solutions company CargoWise Landside. CargoWise Landsides suite of logistics solutions are built to power the movement of containers by road, rail, and container exchange. Ushering in a new era of container efficiency, Landside is designed to streamline your drayage operations, from order intake to billing, for maximum efficiency and success, all on one powerful platform.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
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.
Do concerns about technical debt stifle innovation and initiative success?
Procurement Insights
DECEMBER 16, 2024
“ Technical debt is a concept in software development and IT that refers to the accumulated cost of additional work caused by choosing short-term solutions or quick fixes instead of more robust, long-term approaches. These shortcuts may save time or resources initially but can lead to problems down the line, requiring extra effort to address and maintain the system.” (Source: ChatGPT) No one ever got fired for buying IBM.
BOM Rationalization: The Key to Reducing Excess Inventory and Procurement Costs
Supply Chain Brain
DECEMBER 16, 2024
Machine Learning in Finance: What Is It, How It Works, and the Best Use Cases
Planergy
DECEMBER 16, 2024
What's PLANERGY? Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY.
Freight Procurement Simplified: Bids from Hours to Minutes
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
Tariffs, Trade, and Turmoil: Strategies for a Resilient Supply Chain
Supply Chain Brain
DECEMBER 16, 2024
Materials Management Objectives: A Strategic Approach
SCMDOJO
DECEMBER 16, 2024
In today’s competitive business landscape, highlighting efficient materials management objectives is a critical step to be performed and achieved. Let’s talk about why material management objectives should be taken into consideration. 8 Materials Management Competencies Capacity Planning Capacity Planning determines the production capacity required by a supplier or a plant to meet forecasted customer demand.
How To Align Product Management And Supply Chain Operations For Successful Product Launches
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.
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