Tue.Feb 13, 2024

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14 Reasons Why Procurement Shouldn’t be in Charge of Valentines Day

Procurement Templates

Happy Valentines day, here is some procurement satire for February the 14th! Lack of Emotional Sensitivity: Procurement departments are typically focused on logistics, cost-effectiveness, and efficiency, which may not align with the emotional nuances and sentimentality of Valentine’s Day. Limited Creativity: Procurement professionals are trained to streamline processes and optimize resources, but they may lack the creativity needed to plan and execute romantic gestures and surprises effect

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How 3D Printing Will Change Supply Chains and Improve Sustainability

Supply Chain Brain

As the technology has advanced and become more available, 3D printing is expected to become an integral part of many industries’ operations and could ultimately help companies achieve sustainability goals.

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Generative AI use cases for the enterprise

IBM Supply Chain Blog

Remember how cool it felt when you first held a smartphone in your hand? The compact design and touch-based interactivity seemed like a leap into the future. Before long, smartphones became a way of life for organizations worldwide because of all they offer for business productivity and communication. Generative AI ( artificial intelligence ) promises a similar leap in productivity and the emergence of new modes of working and creating.

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Study Reveals Gap in AI Adoption and Sustainability Goals in Logistics Industry

Supply Chain Brain

Further, despite the global emphasis on sustainable practices, the study reveals low prioritization of sustainability among logistics companies.

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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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How Smart Supply Chain Management Boosts Brand Identity

SCMR (Supply Chain Management Review)

Supply chain’s growing importance in the customer journey has companies looking at the once-behind-the-scenes processes in a new light.

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The Red Sea Crisis Could Disrupt the U.K.’s Tea Supply

Supply Chain Brain

The British Retail Consortium said that it had noticed a “temporary disruption” to some black tea lines, while an industry source suggested that some flavored lines had been delayed.

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More Trending

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VC Firms Invest Billions in PRC Companies, Fueling Uyghur Genocide, Report Says

Supply Chain Brain

The five firms invested over $1.9 billion in artificial intelligence companies that support either the Chinese military or China’s human rights abuses.

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ArcBest debuts line of automated forklifts, reach trucks

Supply Chain Dive

The company has piloted the remotely operated equipment in customers' distribution centers and manufacturing facilities, CEO Judy McReynolds said in an interview.

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Watch: LogistiVIEW’s New WES to Be Showcased at Modex 2024

Supply Chain Brain

Seth Patin, founder and chief executive officer of LogistiVIEW , previews the company's new FlowEP Warehouse Execution System, to be showcased at Modex 2024 in Atlanta March 11-14.

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How Flexport improves ocean transit times with machine learning

Supply Chain Dive

The technology has helped boost transit times by 20%, CEO Ryan Petersen said at Manifest Vegas 2024.

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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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The re-rise of conversational AI for procurement efficiency and how to integrate it into your processes

Spend Matters

Neither oral nor text-based conversational AI (also known as conversational user experience [CUX] and conversational interfaces [CUI] the latter of which include chatbots) is by no means new, despite the relatively recent prolific uptake by procurement solution vendors. CUIs and CUXs were hot topics 10 years ago due to the popularization of Siri (Apple), Cortana (Microsoft), Alexa (Amazon), Google Assistant and Facebook’s M.

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Assessing SPS Commerce In Pictures

Procurement Insights

EDITOR’S NOTE: The following is a series of screen shots covering the years 2019 to 2024 based on a Google search of SPS Commerce. The search was inspired by the first picture, which was taken from a video the company posted on LinkedIn 5 Days ago. Subsequent screen shots were the result of using search terms like SPS competitors, ratings, analyst reviews etc.

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4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one.

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Panasonic, Novonix sign synthetic graphite supply deal

Supply Chain Dive

The deal will help the battery maker as it launches its Kansas factory, which is expected to supply automakers like Tesla and Mazda.

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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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Application performance optimization: Elevate performance and reduce costs

IBM Supply Chain Blog

Application performance is not just a simple concern for most organizations; it’s a critical factor in their business’s success. Driving optimal application performance while minimizing costs has become paramount as organizations strive for positive user experiences. These experiences can make or break a business, that’s why prioritizing high performance among applications is non-negotiable.

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GHG Protocol Decoded: Tech Solutions for Scope 3 Reporting

Procurement Software

This article is a guest post by Trust Your Supplier and was originally on their website here. The Scope 3 emissions segment of the GHG Protocol (Greenhouse Gas Protocol) are often referred to as “value chain emissions”. These are a part of the GHG Protocol’s corporate standard for greenhouse gas accounting. These emissions are generally the most significant share of an organisation’s carbon footprint.

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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’re tackling this of-the-moment topic during our upcoming webinar, Digital Category Management – Is it Robust, Faster and Better? , on Monday 26 February at 3PM GMT/10AM ET. We will discuss digitizing Category Management and question whether a machine could really replace the business engagement and breakthrough thinking in traditional, well applied Category Management.

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OPEC Report Shows Uneven Delivery of New Oil Production Cuts

Supply Chain Brain

The Organization of Petroleum Exporting Countries and its allies pledged significant output curbs this quarter in a bid to avert a surplus and shore up global prices.

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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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The 8 Best Lead Generation KPIs for Managing Your Business

The Thomas Blog

There is a wide seam of advisories and information pieces that guide marketing and sales teams in planning, executing, tuning, and reviewing lead-generation efforts and expenditures. Some of these advisories describe as many as 15 or more key performance indicators (KPIs) that can be used to assess success in terms of return on investment (ROI). Many of these can be differentiated additionally, to refine more indicators that can be useful.

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Start-Up CDL 1000 Acquiring Competitor Next Trucking

Supply Chain Brain

CDL 1000 founder Andrew Sobko said that this acquisition, as well as the company’s purchase of Hickory Transportation Services in November, will allow the organization to expand its services nationwide.

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Top Priorities for IT Spend in 2024

Art of Procurement

Technology spend poses a unique set of challenges for procurement. Cost increases, waste and inefficiency, a crowded marketplace, and the. The post Top Priorities for IT Spend in 2024 appeared first on Art of Procurement.

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IATA's World Cargo Symposium Focuses on Driving Sustainable and Inclusive Growth

Supply Chain Brain

Air cargo is an unsung hero of the global economy. In normal times, it delivers some 35% of the value of goods traded across borders. In the pandemic, air cargo brought medical supplies and vaccines to where they were needed. And today it is providing a vital transport alternative for some products as Red Sea shipping lanes face geopolitical uncertainty.

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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.

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UPS launches new Saturday home delivery service in Canada

Supply Chain Dive

The offering is currently available in Toronto's greater metropolitan area, and it will expand to more locations by March.

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Diamondback, Endeavor Merge in $26B Deal Amidst Rush for Drilling Land

Supply Chain Brain

Diamondback Energy agreed to acquire Endeavor Energy Resources, creating a new entity with a market value of roughly $50 billion.

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