Procurement Templates

FEBRUARY 13, 2024

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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Supply Chain Brain

FEBRUARY 13, 2024

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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IBM Supply Chain Blog

FEBRUARY 13, 2024

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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Supply Chain Brain

FEBRUARY 13, 2024

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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Supply Chain Optimization

Supply Chain Dive

FEBRUARY 13, 2024

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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Supply Chain Brain

FEBRUARY 13, 2024

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

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Supply Chain Brain

FEBRUARY 13, 2024

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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Spend Matters

FEBRUARY 13, 2024

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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Supply Chain Brain

FEBRUARY 13, 2024

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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Procurement Insights

FEBRUARY 13, 2024

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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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.

Supply chain

IBM Supply Chain Blog

FEBRUARY 13, 2024

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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Supply Chain Dive

FEBRUARY 13, 2024

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

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IBM Supply Chain Blog

FEBRUARY 13, 2024

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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Supply Chain Dive

FEBRUARY 13, 2024

The fashion retailer is importing cargo through the Jacksonville Port Authority.

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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

Bidding

Procurement Software

FEBRUARY 13, 2024

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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Positive Purchasing

FEBRUARY 13, 2024

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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Supply Chain Brain

FEBRUARY 13, 2024

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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The Thomas Blog

FEBRUARY 13, 2024

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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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 Optimization

Supply Chain Brain

FEBRUARY 13, 2024

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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Art of Procurement

FEBRUARY 13, 2024

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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Supply Chain Dive

FEBRUARY 13, 2024

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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Supply Chain Brain

FEBRUARY 13, 2024

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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Supply Chain Optimization

Supply Chain Dive

FEBRUARY 13, 2024

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

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Supply Chain Brain

FEBRUARY 13, 2024

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

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