Supply Chain Brain
MAY 8, 2024
With inflation and interest rates easing, manufacturing investment is on the rise. Several large manufacturers have said they plan to increase capital investments and merger and acquisition deal-making in 2024.
Supply Chain Dive
MAY 8, 2024
The broker hopes speeding up responses to emailed quote and appointment requests will improve productivity.
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Supply Chain Brain
MAY 8, 2024
Sales and operations execution (S&OE) plays a pivotal role in ensuring the smooth flow of products from manufacturing to the end consumer.
Spend Matters
MAY 8, 2024
Working capital optimization is not merely a financial strategy; it is the lifeline of business operations. It encompasses the management of short-term assets and liabilities to ensure liquidity, meet financial obligations and support growth initiatives. Typically, people may assume this area of activity belongs purely to Finance. However, S2P solutions, such as GEP, SAP Ariba, Ivalua and others, have been increasingly investing in building capabilities that directly or indirectly support worki
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Supply Chain Dive
MAY 8, 2024
Barbie’s parent company is looking to diversify its production footprint in a bid to optimize costs and fulfillment operations.
Supply Chain Brain
MAY 8, 2024
Ex-Asia rates have increased by around $1,000/FEU since the end of April, climbing to $4,000/FEU for routes to the U.S. West Coast and Northern Europe.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
IBM Supply Chain Blog
MAY 8, 2024
Amid the dynamic realms of modern business and technology, organizations seek to maintain a competitive edge and elevate business outcomes and user experiences through their SAP investments. The crux of this endeavor lies in fostering continuous value creation throughout the journey. Drawing from my experience with clients across expansive, multi-year SAP engagements, there are three areas where collaborative value creation and charting future roadmaps intertwine seamlessly. 1.
Supply Chain Brain
MAY 8, 2024
The report projects that the U.S. will grow its manufacturing share of advanced logic chips to 28% of global capacity by 2032.
IBM Supply Chain Blog
MAY 8, 2024
The recent validated what many of us in the industry already knew: Identity has become the leading attack vector. The 2024 report showed a 71% increase in valid identities used in cyberattacks year-over-year. What really puts it into perspective is the realization that you are just as likely to have your valid identity used in a cyberattack as you are to see a phishing attack in your organization.
Supply Chain Dive
MAY 8, 2024
The initiative could help the e-commerce marketplace shake its reputation as a laggard when it comes to shipping time frames.
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
MAY 8, 2024
The platform comes with measurement tools and performance tracking, all geared toward maximizing sustainability for products and suppliers.
Una
MAY 8, 2024
EPISODE 164 Aligning Procurement and Legal Operations with Lisa Haitz By Kelly Barner | May 8, 2024 Procurement’s relationship with legal is one of the most important they have. Whether it is allowing procurement to meet (or exceed) their objectives or protecting the company from risk, they need to be “joined at the hip” as we learn from this week’s guest.
Supply Chain Brain
MAY 8, 2024
Boeing’s largest supplier only expects to ship around 350 fuselages for the cash-cow jetliner this year as the two manufacturers step up inspections.
IBM Supply Chain Blog
MAY 8, 2024
In the ever-evolving landscape of cybersecurity, businesses are constantly seeking robust solutions to fortify their defenses and navigate the complex challenges posed by cyberthreats. FreeDivision, an IBM Business Partner, stands out in the field by understanding the local needs of its clients. Operating as a security service partner, FreeDivision leverages IBM’s endpoint detection and response (EDR) solution, IBM Security® QRadar® EDR, as part of its solution, freedivision.io,
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
Supply Chain Brain
MAY 8, 2024
The vehicles will be used to move freight and cars, and are the first mass-produced, heavy-duty hydrogen trucks in the world.
Supply Chain Dive
MAY 8, 2024
Participants will meet Macy’s buyers and marketplace teams, with the potential to become vendors.
IBM Supply Chain Blog
MAY 8, 2024
At IBM Cloud, we are committed to helping enterprises across industries leverage hybrid cloud and AI technologies to help them drive innovation. For true transformation to begin, we believe it is key to understand the unique challenges organizations are facing—whether it is keeping data secured, addressing data sovereignty requirements or speeding time to market to satisfy consumers.
HICX
MAY 8, 2024
Anthony Payne, Chief Marketing Officer of HICX, tells us how working collaboratively with suppliers on sustainable procurement practices could act as an organisation’s competitive advantage. Sustainability isn’t just a ‘nice to have’ anymore – businesses don’t have much of a choice in the world of 2024. With ESG regulations now locked in place, organisations must comply or risk significant penalties.
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.
NLPA (Next Level Purchasing Association)
MAY 8, 2024
In today’s competitive business landscape, procurement professionals constantly seek ways to optimize costs and maximize value. Spend analysis has become vital in this pursuit, offering valuable insights into historical spending patterns and identifying potential cost-saving opportunities. However, relying solely on spend analysis can limit your cost-saving potential.
Supply Chain Brain
MAY 8, 2024
Wanda Johnson, supply chain technology fellow with Deloitte Consulting LLP, reveals the findings of the firm's annual industry survey, in collaboration with MHI, on the adoption of technology in the supply chain.
World of Procurement blog
MAY 8, 2024
What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relat
Procurement Express
MAY 8, 2024
We’re thrilled to introduce Christian Goldman, who has completely revolutionized the way we do business at Procurement Express. In this conversation, Christian shares his journey of transformation and the profound impact it’s had on our team and our success. We explore the powerful principles of the Entrepreneurial Operating System (EOS) and uncover how this framework can help any business thrive.
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World of Procurement blog
MAY 8, 2024
Introduction to Contract Management Contract management is the process of systematically and efficiently managing contract creation, execution, and analysis to maximize operational and financial performance at an organization. Contract management involves coordinating and negotiating agreements to establish business relationships, draft contract terms that protect the company, properly execute contracts, monitor performance, and mitigate risks.
Procurement Express
MAY 8, 2024
In this post, we feature a special guest, Alex English, from Ion Storage Systems, who will be sharing insights on supply chain management in startups. Alex has extensive experience in supply chain, ranging from consumer electronics to the cutting-edge technology being developed at Ion. Join us as we delve into the world of supply chain and explore the exciting future of battery technology.
Arkestro
MAY 8, 2024
The post Dallas Innovates: Arkestro’s Electronic Third-party Negotiation Automation System and Tool appeared first on Arkestro.
Supply Chain Brain
MAY 8, 2024
The batteries in the big rig tractors, manufactured by Volvo, can travel up to 275 miles before a recharge.
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.
World of Procurement blog
MAY 8, 2024
What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. It involves the active streamlining and integration of key processes across purchasing, manufacturing, warehousing, and transportation.
CPO Rising
MAY 8, 2024
CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.
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