Thu.Feb 01, 2024

article thumbnail

Working in Saudi Arabia

Procurement Templates

So, you’ve probably heard of the visionary architectural Neom Project. But what is it like to work in a country like Saudi Arabia? Saudi Arabia stands as a dynamic economic force in the Middle East, driven by its oil-rich resources and strategic investments in diversified sectors. Its Vision 2030 initiative reflects a commitment to economic transformation and diversification, creating a myriad of opportunities for both local and expatriate professionals.

article thumbnail

Why We Shouldn’t Resist P2P Process Automation

ProcurePort

In today’s business world, time is crucial and competition is fierce. Being efficient is not just an advantage, it’s necessary for survival. Organizations, big and small, try to navigate through complex situations, improve processes, cut costs, and maximize their employees’ abilities. Innovation and evolution create Procure-to-Pay process automation.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Rise of the Reshoring Movement in the U.S.

Supply Chain Brain

Remnants of a COVID-disrupted supply chain, economic choppiness, and pressure to lower prices have backed manufacturers up against a wall, and forced them to reconsider their approach to offshoring production.

Price 126
article thumbnail

Manufacturing ‘ready to start running again’ with demand up: PMI

Supply Chain Dive

The industry is at the beginning of a possible growth cycle, but manufacturers are likely to be slow to start hiring again, economists say.

Demand 117
article thumbnail

GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

article thumbnail

Upcoming Presentation: Orchestration: The Future of Supply Chain Digitalization

Supply Chain Brain

Held on February 5th - February 7th, 2024, at Caesars Forum, Manifest Vegas will provide unrivaled networking, learning and exploring opportunities for attendees.

article thumbnail

Most HR leaders say half of workers will need reskilling in coming years

Supply Chain Dive

Skills gaps and talent shortages are most severe in areas related to automation, AI adoption and the green economy, a new report says.

116
116

More Trending

article thumbnail

Foxconn’s Tijuana Manufacturing Operation Shows the Nearshoring Possibilities

SCMR (Supply Chain Management Review)

Reshoring Institute Executive Director Rosemary Coates got a first-hand look at Foxconn’s Tijuana manufacturing site and saw what is possible when companies invest in nearshoring.

108
108
article thumbnail

Watch: What Are Manufacturers Spending on Tech Transformation?

Supply Chain Brain

Brian Pacula, partner in the Operations Excellence practice of West Monroe, tells how manufacturers and supply chains are prioritizing their spend on technology in the post-pandemic era.

article thumbnail

Port of Virginia cargo volumes dip 2% in December

Supply Chain Dive

Containers have now declined for nearly a year at the port, though volumes remain significantly higher than 2019

107
107
article thumbnail

Walmart to Open 150+ Large-Format Stores Across the U.S.

Supply Chain Brain

The company will expand some smaller sites into Supercenters with additional plans to open many new locations, said Walmart spokesperson Josh Havens.

105
105
article thumbnail

5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

article thumbnail

Plant supplier sues Kroger over stolen, mishandled inventory

Supply Chain Dive

Theut’s Flower Barn alleges the grocer caused $5 million in missing goods.

Inventory 104
article thumbnail

Major Carmakers Could Be Using Uyghur Forced Labor, Report Says

Supply Chain Brain

Over 15% of the aluminum produced in China comes from Xinjiang, a region where the government has conducted a “long-running campaign of repression against Uyghurs and other Turkic Muslim communities.

105
105
article thumbnail

The Drone Final Mile Becomes Reality

Art of Procurement

In 2005, Amazon revolutionized eCommerce delivery expectations with their 2-day Prime delivery service. All of a sudden, every other retailer. The post The Drone Final Mile Becomes Reality appeared first on Art of Procurement.

article thumbnail

OPEC+ Nations Set to Decide on Extending Cuts in Early March

Supply Chain Brain

Seven coalition members have pledged supply curbs totaling about 900,000 barrels a day this quarter, in tandem with a 1 million-barrel reduction by group leader Saudi Arabia.

Supply 98
article thumbnail

GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

article thumbnail

Forging a framework for central bank digital currencies and tokenization of other financial assets

IBM Supply Chain Blog

Ever since the COVID-19 pandemic, cash usage has been decreasing worldwide and digital payments based on cryptocurrencies or legacy digital payment systems have prevailed. As a result, new forms of centrally managed digital currencies are emerging alongside cryptocurrencies like Bitcoin, the notorious volatility of which has challenged their acceptance worldwide.

Import 90
article thumbnail

Bound4blue Chosen to Install eSail on Polynesian Mixed Cargo Vessel

Supply Chain Brain

Bound4blue said that the eSail wind power-based propulsion system will help shipowner SNA TUHA’A PAE (SNA) reduce its energy consumption by up to 10%.

98
article thumbnail

Top concerns industry leaders have about cyberattacks in 2024 and beyond

IBM Supply Chain Blog

Cyberattacks are becoming increasingly sophisticated. Read about the concerns that industry leaders have for the future and three approaches organizations can take to build up their defenses. Cyber workforce shortage There are over four million unfilled cybersecurity jobs in the world today. Filling these vacancies has become a security imperative, and several global compliance mandates have been established to tackle the issue.

article thumbnail

Germany Planning to Oppose EU Supply Chain Law, Ministers Say

Supply Chain Brain

The letter, sent February 1 by Finance Minister Christian Lindner and Justice Minister Marco Buschmann, said that the German government would abstain on the issue.

article thumbnail

10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

article thumbnail

ManagePlus—your journey before, with and beyond RISE with SAP

IBM Supply Chain Blog

RISE with SAP has not only been a major cloud player in recent years, it’s also become the standard cloud offering from SAP across different products. But when assessing what it takes to onboard into RISE with SAP, there are multiple points to consider. Especially important is a good understanding of the RACI split around Standard, Additional and Optional Services, along with relevant CAS (Cloud Application Service) packages.

article thumbnail

Former Boeing Manager Would “Absolutely Not” Fly on 737 MAX Planes

Supply Chain Brain

Ed Pierson, a former senior manager of Boeing’s 737 program, expressed concerns after regulators allowed Max 9s to return to service last week.

article thumbnail

Should large enterprises self-host their authoritative DNS?

IBM Supply Chain Blog

In a recent post , we outlined the pitfalls of self-hosted authoritative Domain Name System (DNS) from the perspective of a start-up or midsize company piecing together a DIY system using BIND DNS or other open source tools. The main idea was that every company gets to a point where they outgrow their self-hosted, home-grown authoritative DNS systems.

article thumbnail

Gartner’s First Integrated S2P Report on The Evolving Landscape of Source-to-Pay Solutions

Procurement Insights

The Dawn of Integrated Source-to-Pay Suites The release of Gartner’s first integrated Source-to-Pay (S2P) Magic Quadrant marks a pivotal moment in procurement technology. The new report covers ten leading vendors who meet Gartner’s revised criteria for providing modular but natively integrated S2P platforms spanning sourcing, contracting, purchasing, payments, and analytics.

article thumbnail

From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

article thumbnail

5 signs you need a premium DNS service 

IBM Supply Chain Blog

Buy a domain name. Associate that domain with a DNS server. Done. When you’re spinning up a presence on the internet, domain registrars make it easier to get started with a basic authoritative domain name system (DNS) hosting. That’s what most small businesses need ultimately—a reliable service that answers DNS queries. No more, no less.

article thumbnail

Take a holistic approach

HICX

By Costas Xyloyiannis, CEO of HICX Complex supply chains compromise supplier data and impact competitiveness. What are the solutions?

article thumbnail

Procurement 6 – February 2nd, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – February 2nd, 2024 appeared first on Art of Procurement.

article thumbnail

Service Level Agreements: A Blueprint for Success

Pipefy

Service level agreements (SLAs) are critical components of any vendor contract, however, they are most commonly associated with IT vendors. This guide explains how SLAs boost business service quality, communication, and conflict resolution between clients and vendors. It also provides tips for creating, implementing, and optimizing SLAs. What is a service level agreement (SLA)?

article thumbnail

Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

article thumbnail

The Ultimate Guide to Strategic Sourcing in 2024

Empowering CPO

Introduction In the ever-evolving landscape of procurement, organizations are realizing that strategic sourcing is not merely a process but a comprehensive approach that can redefine the trajectory of businesses. As a trailblazer in the field, we lead the way with our innovative suite of services, offering organizations a strategic edge in achieving sustainable success.