Thu.Apr 04, 2024

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Navigating the Future: Emerging Careers in Supply Chain Logistics for Graduates

All Things Supply Chain

In today’s rapidly evolving global marketplace, the field of supply chain logistics stands at the forefront of innovation and efficiency, offering a wealth of opportunities for recent college graduates.

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Even with +1, China is still #1

Art of Procurement

China’s role in the global supply chain is changing right before our eyes, leaving foreign buyers to feel the discomfort. The post Even with +1, China is still #1 appeared first on Art of Procurement.

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Why should I opt for E-procurement?

ProcurePort

Businesses are always looking for ways to make their operations more efficient and save money in the fast-paced digital world. One such avenue that has gained significant traction in recent years is electronic procurement, commonly known as e-procurement. E-procurement uses digital tech to streamline the procurement process, from finding suppliers to buying and managing contracts. […] The post Why should I opt for E-procurement?

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South Korea Company Invests $3.9B in New Indiana Chip-Packaging Facility

Supply Chain Brain

The new plant will mass-produce high bandwidth memory used for AI computing, and is expected to open sometime in the back half of 2028.

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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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Apparel execs urge sourcing diversification amid geopolitical risks

Supply Chain Dive

Executives at an American Apparel & Footwear Association event underscored the need to find alternative sourcing as U.S.-China relations continue to fray.

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Boeing Pays Alaska Airlines $160M in Compensation for 737 Max 9 Blowout

Supply Chain Brain

The payment is reportedly for Alaska's pretax losses, as well as lost revenue and costs stemming from returning their Max 9 fleet to service.

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Watch: Innovations for Ensuring End-to-End Supply Chain Resilience

Supply Chain Brain

Are "end-to-end" supply chains really a thing? And if not, what will it take to make them a reality? Erez Agmoni, global head of innovation with Maersk, explains.

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Q1 2024 Insider roundup: A deep dive into AI; following procurement tech market movements; updated coverage of 18 vendors

Spend Matters

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

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Podcast | The Long Road to Sustainability in the Foodservice Industry

Supply Chain Brain

The foodservice industry faces a huge challenge in becoming environmentally sustainable.

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JLL promotes sourcing leader to the C-suite

Supply Chain Dive

Michael Raphael will manage procurement activities and annual spending for the company and its clients.

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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 Quiet Transformation: Reevaluating Cobots' Role in the Packaging Domain

Supply Chain Brain

The potential of cobots in packaging — driven by AI, machine learning, and IoT integration — promises a new era of smart packaging lines and predictive maintenance.

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The future of AI-enhanced third-party management

Spend Matters

This Spend Matters Brand Studio article was written in conjunction with Certa. Compliance and risk management is a growing and interesting use case of GenAI for procurement, finance and, of course, legal operations. The technology opens up a wealth of capabilities not previously possible for the procurement practitioner in terms of data availability, end-to-end visibility, cost, time and risk reduction, and ultimately the overall health of the third-party network.

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U.S. Funds Win Ukraine Court Support in Odesa Grain Terminal Spat

Supply Chain Brain

The Odesa region is home to Ukraine’s largest ports, where most of the country’s grain is shipped for export.

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Accelerate hybrid cloud transformation through IBM Cloud for Financial Service Validation Program

IBM Supply Chain Blog

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Lots of innovation is happening, with new technologies emerging in areas such as data and AI, payments, cybersecurity and risk management, to name a few.

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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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Report: Amazon Plastic Packaging Increased in U.S. Despite Dip in Other Global Markets

Supply Chain Brain

The report found that Amazon created 208 million pounds of plastic packaging in the U.S. in 2022, up nearly 10% from the previous year.

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Business process management (BPM) examples

IBM Supply Chain Blog

Business Process Management (BPM) is a systematic approach to managing and streamlining business processes. BPM is intended to help improve the efficiency of existing processes, with the goal of increasing productivity and overall business performance. BPM is often confused with other seemingly similar initiatives. For example, BPM is smaller in scale than business process reengineering (BPR), which radically overhauls or replaces processes.

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Ford Delays Release of All-Electric Truck, SUV as EV Sales Lag Across U.S.

Supply Chain Brain

Ford shared that it will be "retiming" its planned EV launches at its Ontario plant, while pivoting toward a focus on hybrid offerings.

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Even with +1, China is still #1

Art of Procurement

China’s role in the global supply chain is changing right before our eyes, leaving foreign buyers to feel the discomfort.

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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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Report: Amazon Plastic Packaging Increased in U.S. Despite Dip in Other Global Markets

Supply Chain Brain

The report found that Amazon created 208 million pounds of plastic packaging in the U.S. in 2022, up nearly 10% from the previous year.

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Even with +1, China is still #1

Art of Procurement

China’s role in the global supply chain is changing right before our eyes, leaving foreign buyers to feel the discomfort. The post Even with +1, China is still #1 appeared first on Art of Procurement.

Buyers 52
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Five Steps to Mitigating Threats to Cargo Security

Supply Chain Brain

While more conventional direct theft of freight during transit still does occur, theft resulting from fraudulent activity has risen sharply in the last 18 months.

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Procurement 6 – April 5th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – April 5th, 2024 appeared first on Art of Procurement.

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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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Diversity and Agility: Successful Hiring in Procurement with Brad Mills – Episode 91

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary In this episode, Martin Smith interviews Brad Mills, the first recruit of Talent Drive, about his experience in procurement recruitment. They discuss the challenges and opportunities in the retail and hospitality sector, the market outlook for 2024, and the changes in procurement recruitment … Continued The post Diversity and Agility: Successful Hiring in Procurement with Brad Mills – Episode 91 appeared first on Tal

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Procurement 6 – April 5th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – April 5th, 2024 appeared first on Art of Procurement.

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Taiwan’s Chips Giant Resumes Operations After Deadly Quake

Supply Chain Brain

Taiwan’s semiconductor industry has restarted operations as the island begins to recover from its worst earthquake in 25 years.

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The ultimate guide to streamlining your purchasing workflow

Fraxion

The ultimate guide to streamlining your purchasing workflow This guide is your gateway to optimizing your team’s purchasing workflow. The purchasing workflow is essentially the sequence of steps determining how your organization acquires the goods and services necessary for streamlined operations, and the efficiency of this process holds the key to staying competitive.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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Ryan Meonske, well done. Greg Tennyson nails it!

Procurement Insights

EDITOR’S NOTE: In response to my post yesterday regarding Databricks and ZIP, Greg Tennyson’s response summed up perfectly the underlying message of that post when he simply wrote: “ Ryan Meonske well done.” In today’s post, I will tell you why Greg’s words were on the mark. “It’s amazing what you can accomplish if you do not care who gets credit.” – Harry S.