Procurement Leaders
JULY 9, 2024
When it comes to ESG, there have been growing murmurs of discontent recently as political figures – predominantly in the US – attempt to push back on its growing influence. The arguments, which I won’t explore in detail here, are focused around whether markets are being manipulated and whether investors and corporations are being forced down a particular route unwillingly due to the reach of increasing regulation.
Supply Chain Brain
JULY 9, 2024
Shein plans to sell supply chain technology to companies around the world, raising fears that sensitive logistics and customer information could be seized by the Chinese government.
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Procurement Insights
JULY 9, 2024
EDITOR’S NOTE: As a voracious reader, I have read almost every book under the sun relating to business and prime-time executive superstars. I have interviewed many of these authors on my radio show. While each has its own unique approach to achieving life, business, and career success, there is an element of similarity across all of them. That similarity stops with this book.
Supply Chain Brain
JULY 9, 2024
The smart parcel locker market is experiencing rapid growth amid increasing demand for efficient and secure package delivery solutions.
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Supply Chain Dive
JULY 9, 2024
The terminal, which has been closed since January 2023, will significantly expand handling capacity at the growing port.
Supply Chain Brain
JULY 9, 2024
Drug shortages in the U.S. have reached an all-time high. A total of 323 shortages were reported during the first quarter of 2024, suggesting that previous strategies had failed to reverse the trend.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Brain
JULY 9, 2024
The new reservoir would be situated along the Indio River, adding to the network of lakes that provide water to Gatun Lake.
Supply Chain Dive
JULY 9, 2024
The discount retailer has been working to reduce unloading times and achieve other efficiencies across its supply chain.
Supply Chain Brain
JULY 9, 2024
Many technologies today are outdated, as they were designed to handle supply chains functioning 30 or more years ago, says Amber Salley, vice president of industry solutions at GAINS.
NLPA (Next Level Purchasing Association)
JULY 9, 2024
Many may overlook this, but etiquette is key to a successful conclusion of contract negotiations. Some may even say etiquette would “soften” one’s negotiation power. That is not the case. The Power of Etiquette in Contract Negotiation What happens psychologically when the other side does not employ etiquette? Here are some examples: The Risks of Relying on Contract Templates Contract templates and a legal department with political power can make you lazy in procurement.
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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 Brain
JULY 9, 2024
Around 20 container vessels are anchored in a cluster off Port Klang, on the western coast of Malaysia near Kuala Lumpur.
Finale Inventory
JULY 9, 2024
Inventory management is a key aspect of running a successful ecommerce business. It involves keeping track of your stock levels, knowing when to order more inventory, and ensuring that you have enough products to meet customer demand. With the right tools and strategies in place, you can streamline this process and minimize the risk of overstocking or running out of items.
Supply Chain Brain
JULY 9, 2024
Nearly 30 CPKC train cars derailed and caught fire roughly 140 miles northwest of Fargo just before dawn on July 5.
Finale Inventory
JULY 9, 2024
In the fast-paced ecommerce sector, effective inventory management is fundamental to the success of businesses. Maintaining the right level of inventory, accurately tracking stock, and optimizing supply chain operations are vital. One powerful tool that helps businesses streamline their inventory management processes is Finale Inventory. This article covers the importance of inventory management in ecommerce, features of Finale Inventory, its implementation, and tips for maximizing its benefits.
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
Fraxion
JULY 9, 2024
How spend management software drives process optimization and cost reduction Is the process for purchasing goods and services and submitting expenses manual or paper-based in your company? Does your team spend countless hours chasing approvals, searching for and matching documentation, and manually keying in invoice data? If so, you're not alone.
Finale Inventory
JULY 9, 2024
In the fast-paced ecommerce industry, effective inventory management is key to the success of any online business. One challenge that ecommerce businesses often face is handling obsolete inventory. This article will discuss strategies for managing obsolete inventory in Finale Inventory, a popular inventory management solution for ecommerce businesses.
Art of Procurement
JULY 9, 2024
In this episode of AOP Introducing, Helen Mackenzie speaks with Rose Punkunus, CEO and Founder of Sudozi, a company elevating. The post AOP Introducing… Sudozi appeared first on Art of Procurement.
Finale Inventory
JULY 9, 2024
Creating a purchase order is a vital step in managing inventory for your ecommerce business. A purchase order serves as a legally binding document between you and your suppliers, specifying the details of the items you need to purchase. With the help of the Finale Inventory software, this process becomes seamless and efficient. This article will guide you through the entire process of creating a purchase order using Finale Inventory.
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.
Procurement Software
JULY 9, 2024
Direct procurement involves acquiring raw materials and components essential for your production process. Indirect procurement, on the other hand, generally deals with non-complex goods and services that support your operations. This fundamental difference raises a crucial question: does direct procurement need its own tech stack? Standardised procurement software suites often cater to source-to-pay (S2P) and source-to-contract (S2C) functions with a strong bias towards use cases in indirect pro
Supply Chain Brain
JULY 9, 2024
Entek's new facility will be built in Terre Haute, Indiana, and will be able to manufacture enough battery separators to support nearly two million mid-size EVs.
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