Thu.Oct 10, 2024

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East and Gulf Coast Port Strike – Part 1

Art of Procurement

“Let me be clear: we don’t want any form of semi-automation or full automation. We want our jobs—the jobs we. The post East and Gulf Coast Port Strike – Part 1 appeared first on Art of Procurement.

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Spend Matters Future 5 2024 – Why we chose BlueBean

Spend Matters

Spend Matters is delighted to announce the 2024 roster for our ‘Future 5’ list. For the sixth year in a row, our analysts have highlighted five start-ups that excited them the most. This year, the five companies that have proven themselves as potential future trend setters are BlueBean, Covalyze, HaloAi, Ivoflow and True Value Hub. Today we are sharing the reasoning behind our selection of BlueBean.

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When Ports Go Silent: Proactive Supply Chain Strategies for Manufacturers

Supply Chain Brain

Most manufacturers believe they're prepared for supply chain disruptions because they have contingency plans in place. In reality, those plans are often fragmented and short-term in focus.

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Automotive supply chains can benefit from sourcing alliances. Here’s why.

Supply Chain Dive

Collaborations can lower procurement costs and drive operational change, but experts say aligning objectives and cost structures are key to success.

Sourcing 101
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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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U.K. Parliament Votes on Laws to Stop Repeat of P&O Mass Layoffs

Supply Chain Brain

Government headed by Labour Party seeks to clamp down on poor working conditions at sea with laws on collective dismissal and minimum wage.

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Spend Matters Future 5 2024 – Introducing BlueBean

Spend Matters

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them. For the Future 5, Spend Matters analysts scour the market to find new specialist solution providers that can answer a burning need of procurement practitioners today.

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Pitney Bowes launches e-commerce shipping platform

Supply Chain Dive

In a crowded field, the company believes ShipAccel's ability to easily evolve as a user's business grows is a competitive differentiator.

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DPW Remote Dispatch: To Build Or Not To Build In-House

Procurement Insights

EDITOR’S NOTE: Here is a quick synopsis from a session that speaks directly to my recent post: Is it time for practitioners to build their “own” ProcureTech solutions? Below are the highlights from Kearney’s presentation this morning. Have a read, and I will follow up with another post later today, sharing my thoughts. The survey was with 200 procurement executives (CPO, digital leads) in large companies (min 1bn majority was 5-20bn in revenue) In a nutshell, they almost considered t

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Discover how Lippert Transformed its Supply Chain with Kianxis

Supply Chain Brain

The automotive supply chain has never been more challenging. From the rapid shift to electric vehicles and skyrocketing costs to raw material shortages, geopolitical tensions, and volatile market demands, suppliers face pressures that can define their success or failure.

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California passes Responsible Textile Recovery Act

Supply Chain Dive

SB 707 makes apparel producers responsible for the recycle, reuse and collection of their products.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

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.

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The Ultimate Guide to Commercial Contracts: Types, Challenges, and Solutions

ContractSafe

Managing commercial contracts is a crucial part of any successful business. These legally binding agreements protect your interests, reduce risk, and ensure smooth business operations.

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The Future of Supply Chain Management and Global Trade Dynamics

Supply Chain Brain

The 4th Global Trade and Supply Chain Summit, hosted by The New Economy Academy, empowers young professionals with the tools and knowledge to navigate and capitalise on the evolving landscape. This makes the Global Trade and Supply Chain Summit an unparalleled opportunity to connect with forward-thinking individuals who are actively shaping the UAE’s economic future.

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DPW Remote Dispatch: A Shopping They Will Go!

Procurement Insights

As a follow-up to my previous post , I would like to open this post with the following statement: AI, GenAI, and ProcureTech success, in general, have nothing to do with technology. In other words, it is not an IT department play – at least not at the beginning. If companies continue to view AI, GenAI, and ProcureTech as the center of the digital transformation of the procurement practice, they are continuing to use an equation-based model that has failed to deliver the expected results 80

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The Hackett Group 2024 CPO Agenda – Part 2

Jaggaer

JAGGAER’s Strategic Response (Part 2) The annual CPO Agenda from the Hackett Group always makes fascinating reading, as it ranks the top ten current priorities of the world’s procurement leaders. These have changed over recent years as new challenges have emerged. Now we have entered a period of relative stability, spend management and cost reduction has moved back to the top spot, and ensuring supply continuity has moved from first down to second.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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XPO-Spinoff GXO Logistics Is Said to Explore Potential Sale

Supply Chain Brain

The transportation and logistics sector tends to see a lot of mergers and acquisitions because it’s highly fragmented, creating an opportunity for rollup plays.

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Podcast | Consumer Return Fraud: How Bad Is It?

Supply Chain Brain

Last year, total losses from the practice amounted to $101.1 billion, causing a massive headache for retailers.

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