Procurement Leaders

JULY 29, 2024

Last month, I spoke about how important it is for companies to collaborate with one another – and, of course, with their suppliers – if they are to make meaningful progress on reducing their Scope 3 footprint. As members of Procurement Leaders’ Risk and Sustainability Strategy Cohort gathered last week to discuss this topic in more depth, a sustainable procurement executive at one chemicals company illustrated both the scale of the challenge – and the potential power of thinking collaborativel

Sustainability 130

Sustainability Collaboration Procurement team Suppliers 130

Spend Matters

JULY 29, 2024

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Airbase’s procure-to-pay (P2P) solution. It also examines customer reviews and the elements to consider when looking at Airbase as a potential solution provider. Part 1 of the series provided a history and overview of Airbase’s P2P solution as well as the roadmap/vision for the solution.

Market analysis 95

Market analysis Procurement Purchasing 95

Supply Chain Brain

JULY 29, 2024

The incident reports included oils contaminated with unauthorized substances such as pesticides, mineral oils and one case where glass fragments were discovered.

105

105

Supply Chain Dive

JULY 29, 2024

The startup struggled amid more aggressive pricing from top carriers, former employees said on LinkedIn.

Price 129

Price 129

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Supply Chain Optimization

Spend Matters

JULY 29, 2024

This Spend Matters Vendor Analysis provides an overview of Airbase and its solution for AP automation, corporate card and expense reimbursement solutions. Since we last covered Airbase in 2021, the vendor has grown immensely, including the release of a guided procurement solution last year. Airbase is an all-in-one spend management platform that primarily targets the US mid-market with its solutions for AP automation, expense management, corporate cards and guided procurement.

Spend management 89

Spend management Procurement Market analysis Buyers 89

Supply Chain Brain

JULY 29, 2024

During a recent storm, 22-foot-swells slammed into the vessel every 15 seconds, cracking the hull and breaking the ship into four pieces.

98

98

Supply Chain Brain

JULY 29, 2024

Pacific Shipping plans to withdraw from service two container vessels — the MV Moana Chief and MV Takutai Chief — which move goods among several ports in New Zealand.

Supply chain 97

Supply chain Supply 97

Arkestro

JULY 29, 2024

[**Over the next few weeks, we’ll be running “best of” Magnus Mondays posts, reprising some of the most popular topics of the series. Magnus returns with new content in August.

52

52

Supply Chain Brain

JULY 29, 2024

The manufacturing industry is at a critical juncture, as it struggles to cope with a crippling labor shortage and skills gap.

107

107

Art of Procurement

JULY 29, 2024

There is no shortage of spend analysis solutions available on the market today. With so many options to choose from, The post Spend Analysis Approaches and Software Explained appeared first on Art of Procurement.

Procurement 52

Procurement 52

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

Supply Chain Brain

JULY 29, 2024

With increased availability and deployment of technology to support and automate planning processes, the role of the supply chain planners needs to evolve. The competencies and skills that were important before are no longer relevant. In this session, we will discuss the evolution of the planners' roles, upskilling strategies and creating a safe learning environment.

Supply chain 87

Supply chain Strategy Import Supply 87

Art of Procurement

JULY 29, 2024

As a procurement professional, you need to be able to analyze and understand your organization’s spending patterns in fine detail. The post What is Spend Cube Analysis? Including Power BI Example appeared first on Art of Procurement.

Procurement 52

Procurement 52

Supply Chain Brain

JULY 29, 2024

A challenging economy, coupled with the need to focus on sustainability, are driving change within fashion companies.

Sustainability 103

Sustainability 103

Finale Inventory

JULY 29, 2024

Proper storage of medical supplies is vital for ensuring the quality and integrity of these important items. This guide covers the importance of proper storage for medical supplies and discusses various storage solutions to help you optimize your inventory management. Whether you are a healthcare facility, a pharmacy, or an online retailer, this guide offers valuable insights to help you streamline your storage processes.

Inventory 52

Inventory Supply Chain Optimization Real-time Visibility supply chain software solutions 52

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

Supply Chain Brain

JULY 29, 2024

The new facility will provide EV batteries for Lexus vehicles made at Toyota's Miyata plant roughly 25 miles away.

91

91

Finale Inventory

JULY 29, 2024

If you’re running an auto shop, organization is key to ensuring smooth operations and maximizing efficiency. By implementing these top four organization tips and utilizing Finale Inventory, you can streamline your processes and provide better service to your customers. Additionally, integrating ecommerce into your operations can open new doors for growth and expansion.

Inventory 52

Inventory Management Order Fulfillment Purchasing 52

Supply Chain Brain

JULY 29, 2024

The market is growing for industrialized greenhouses capable of providing fresh produce consistently amid climate change as well as shortages of workers.

Supply 78

Supply 78

Finale Inventory

JULY 29, 2024

Effective tool tracking is vital for any successful ecommerce business. By efficiently managing your tools, you can streamline operations, improve productivity, and reduce costs. One powerful tool for achieving this is barcode technology. In this comprehensive guide, we will discuss the importance of tool tracking in ecommerce, the role of barcodes in this process, and the benefits of implementing barcode systems.

Inventory 52

Inventory Real-time Visibility Data Import 52

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

Procurement Insights

JULY 29, 2024

Does procurement, more specifically ProcureTech, need a Larry Winget more than ever! I have shared the virtual airwaves with Larry, and he even wrote a positive review of one of my books. In short, the gentleman who is known as the Pitbull of Personal Development, the star of a popular A&E television show, and the author of New York Times and Washington Post bestselling titles like “They Call It Work For A Reason” and “Grow A Pair” may be retired, but his presence liv

Procurement 52

Procurement 52

Finale Inventory

JULY 29, 2024

In the realm of e-commerce, effective inventory management is pivotal for your business’s success. It ensures that you have the right products available at the right time to meet customer demand, while also minimizing excess inventory and associated costs. ABC analysis is a valuable tool that can assist you in achieving optimal inventory management.

Inventory 52

Inventory Supply Chain Optimization Management Real-time Visibility 52

Procurement Insights

JULY 29, 2024

September 2005 – The case study of a major U.S. retailer purchasing Indirect Materials is interesting as their cost savings and access to innovation steadily declined when their core supply base was rationalized down to 100 suppliers. The decline was due to the retailer’s narrowing of its source of truth to 100 suppliers. In short, they lost touch with the market in general.

Innovation 52

Innovation Risk Quality Suppliers 52

Finale Inventory

JULY 29, 2024

In ecommerce, selecting the right vendors is vital for your business’s success. Proper inventory management and order fulfillment hinge on understanding the different vendor types. Two common vendors in ecommerce are dealers and distributors. This article outlines the definitions of dealers and distributors, their roles in ecommerce, and factors to consider when choosing between them.

Inventory 52

Inventory Supply Chain Efficiency Vendor relationships Supply Chain Optimization 52

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Supply Chain Optimization

Supply Chain Dive

JULY 29, 2024

A framework from the Conference Board offers a way to foster inclusion and control for legal risk.

Risk 83

Risk 83

Finale Inventory

JULY 29, 2024

In e-commerce, “supplies” and “inventory” are often used interchangeably, but they have distinct roles and implications for your business operations. Understanding these differences is important for managing your operations and financials effectively. This guide covers the definitions, distinctions, and significance of supplies and inventory, as well as strategies for managing them and the role of technology.

Inventory 52

Inventory Inventory control Supply Influencing 52

CPO Rising

JULY 29, 2024

[**Over the next few weeks, we’ll be running “best of” Magnus Mondays posts, reprising some of the most popular topics of the series. Magnus returns with new content in August.

Chief Procurement Officer 59

Chief Procurement Officer Strategy Procurement 59

Pipefy

JULY 29, 2024

What is artificial intelligence (AI) automation, and how do we implement it? AI mimics human thought and perception at accelerated speeds. With its ever-evolving algorithms, natural language processing (NLP), and machine learning (ML), AI is getting better at filling the gaps between needs and resource availability. Because of its ability to quickly analyze and interpret vast stores of data, AI can be an invaluable tool for automation and process optimization.

Data 52

Data Supply Chain Optimization Supply Chain Efficiency Risk 52

Advertiser: GEP

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

Procurement