Art of Procurement
AUGUST 22, 2024
The need for freight, and its impact on humanity, can be traced back as far as the Silk Road across. The post Freight Electrification as a Service appeared first on Art of Procurement.
Procurement Templates
AUGUST 22, 2024
A pipeline notice is intended to give the market place and indication or heads up of upcoming procurement opportunities for the following 18 months. Contracting Authorities are not bound by the information in the notice as this can change over time when requirements become clearer. Actual requirements are in the tender notice 93 Pipeline notices (1) This section applies in relation to any contracting authority that considers that, in the coming financial year, it will pay more than £100 million
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Supply Chain Dive
AUGUST 22, 2024
With no new labor deal, Canadian National and CPKC locked out union workers shortly after midnight Thursday.
Supply Chain Brain
AUGUST 22, 2024
According to a release from the union, the dispute is over forced changes to terms and conditions for workers, including "inflexible" work schedules.
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Supply Chain Dive
AUGUST 22, 2024
An increase and early spike in imports such as toys, electronics and clothing was seen at the Port of Los Angeles, according to Executive Director Gene Seroka.
Supply Chain Brain
AUGUST 22, 2024
Many manufacturers are actively increasing investments in software designed theoretically to enhance productivity, work management and collaboration. Yet manual work is on the rise.
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
AUGUST 22, 2024
Shein claims that Temu's ultra-low prices have been facilitated by allowing sellers to offer counterfeit items based on stolen designs.
Supply Chain Dive
AUGUST 22, 2024
The Bud Light brewer’s closure of the Massachusetts plant will impact 193 jobs and comes after it reported a decline in beer volumes earlier this month.
Supply Chain Brain
AUGUST 22, 2024
Forget about those rare Black Swans and unexpected supply chain disruptions. In parcel shipping, certain headaches are a constant.
Supply Chain Dive
AUGUST 22, 2024
Changes to the exemption threshold could be implemented soon. Here’s how supply chain managers can prepare.
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 Brain
AUGUST 22, 2024
Pushing employees to get on board with a "data-driven" approach without making sure they have the skills they need is likely to cause harm at some point.
Supply Chain Dive
AUGUST 22, 2024
Jeff Wood will lead the specialty building material distributor’s sourcing and procurement strategies as well as supply chain operations.
Supply Chain Brain
AUGUST 22, 2024
The tentative agreements include 3.5% yearly wage increases, and improvements to paid vacation and health care.
Procurement Insights
AUGUST 22, 2024
Like an echo that doesn’t return, many – not all solution providers talk a great game until you start asking meaningful questions. I would rather starve in the desert than take a nickel from a company peddling rainbows and unicorns. What percentage of GenAI Solution Providers are like Nortel was in the above graph? I felt the same way I do now when I gave a radio interview after selling my company for $12 million in January 2001.
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
Finale Inventory
AUGUST 22, 2024
Running an auto parts supplier can be a lucrative venture if managed properly. Incorporating ecommerce into your business strategy can help drive profits even further. This article will guide you through the necessary skills and strategies to successfully manage an auto parts supplier for profit, with a focus on ecommerce. Understanding the Basics of Auto Parts Supplier Management Key Skills for Effective Management Managing an auto parts supplier requires a diverse skill set.
Art of Procurement
AUGUST 22, 2024
Relationships are the glue that bind the modern networked supply chain together. In a world where market conditions can change. The post What is Supplier Relationship Management in Procurement? appeared first on Art of Procurement.
Finale Inventory
AUGUST 22, 2024
When managing a successful business, having dependable suppliers is vital. Finding suppliers you can trust to deliver quality products on time is key for maintaining customer satisfaction and ensuring smooth operations. This article discusses the significance of reliable suppliers and offers practical tips on how to find and assess them for your business.
Art of Procurement
AUGUST 22, 2024
Supplier management refers to the administration of providers of goods and/or services to a business. While this sounds straightforward, today’s. The post Supplier Management Explained – Definitions, Elements, and Examples appeared first on Art of Procurement.
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.
Finale Inventory
AUGUST 22, 2024
Supply inventory management plays a significant role in the success of any ecommerce business. Without effective management strategies, businesses can face a range of challenges, such as stockouts, excess stock, and inefficient order fulfillment. This guide covers the importance of supply inventory management, key elements to consider, strategies for success, and how to address common challenges.
Procurement Insights
AUGUST 22, 2024
“Everyone — vendor, consultant, analyst firm, and buying organization will be affected this time around.” – Michael Lamoureux on pending AI Bubble Burst (You can read his entire LinkedIn post via the following link – be sure to comment.) The biggest challenge in assessing the ProcureTech market today, unlike any other time in the past, is that the hype cycle is louder, more distracting than informative, and I hate to say it, filled with so much gold rush fever BS th
Finale Inventory
AUGUST 22, 2024
In today’s fast-paced business environment, effective inventory management is vital for the success of any company, especially in the ecommerce sector. As an ecommerce business owner, you recognize the importance of having a skilled, organized, and knowledgeable inventory manager to manage your stock. But how do you find the right person for the role?
Arkestro
AUGUST 22, 2024
We caught up with Edmund Zagorin, Founder at Arkestro, at DPW NYC in June to discuss the state of procurement and how AI relates to it.
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Finale Inventory
AUGUST 22, 2024
Calculating the Cost of Goods Sold (COGS) is a key aspect of running a successful small business in ecommerce. By understanding and accurately calculating COGS , business owners can make informed decisions regarding pricing, profitability, and inventory management. This guide will cover the basics of COGS, its components, the calculation process, and its effect on profitability.
Supply Chain Dive
AUGUST 22, 2024
The railroads will now work toward deals with the Teamsters Canada Rail Conference under a government-imposed binding arbitration process.
Finale Inventory
AUGUST 22, 2024
In ecommerce, managing inventory effectively is vital for business success. Efficient inventory management impacts operations and directly affects profitability. To streamline this process and optimize your ecommerce operations , using inventory management software is important. Here, we will cover the key features that such software should have, focusing on Finale Inventory, a leading solution in this area.
Supply Chain Brain
AUGUST 22, 2024
Canada’s mining sector depends on the country’s two dominant railways to transport heavy materials including copper, aluminum, iron ore and coal.
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.
Supply Chain Brain
AUGUST 22, 2024
After months of talks, the increasingly bitter negotiations, regarding working conditions such as shift scheduling and fatigue provisions, ended on the evening of August 21.
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