Top Pain Points For Fleets in 2024
All Things Supply Chain
MAY 20, 2024
In the bustling world of construction, fleets of vehicles and equipment are the gears that keep projects moving forward.
Mon.May 20, 2024
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World Procurement Congress 2024: We’re only just getting started
Procurement Leaders
MAY 20, 2024
And that’s a wrap! An incredible three days of inspiration, collaboration and networking saw the World Procurement Congress 2024 bring together more than 1,000 procurement rockstars in London, culminating in the glamour of the World Procurement Awards. What an experience, what an inspiration, what a community! It’s incredibly difficult to give justice to the sheer level of insight that was shared across the days of this event; the amount of progress that individual procurement executives will ma
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Nearshoring on the Rise: Navigating the Shift in EU Sourcing Trends
Supply Chain Brain
MAY 20, 2024
A shift to shorter supply chains not only helps manage the unpredictability of costs, but also strengthens supply chain resilience by reducing dependency on distant suppliers.
Agiloft: Vendor Analysis — Contract lifecycle management solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
MAY 20, 2024
This Spend Matters Vendor Analysis provides an update on Agiloft and its contract lifecycle management (CLM) solution. We last covered Agiloft in 2020, and the provider has since continued to build advanced functionalities to appeal to large organizations. Agiloft’s product updates have centered around AI, including recent generative AI releases. Overall, the provider has cemented its position as a best-of-breed provider that can compete against any CLM provider on the basis of solution depth, w
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.
Kent Outdoors names new supply chain officer
Supply Chain Dive
MAY 20, 2024
Dave D’Angelo has experience with product development in the sporting goods industry and will aim to help the company with new opportunities.
Traditional Internet Technologies: Uncovering Their Role in Modern Supply Chain Solutions
SCMDOJO
MAY 20, 2024
Modern supply chains are more efficient and faster than ever before. However, the emergence of technology boosted brands’ access to customers in the first place, and thus, a need for more efficient supply chain practices. This article reviews how traditional internet technologies have influenced today’s supply chain solutions. The Importance of Modern Supply Chain Solutions As eCommerce becomes a more prevalent part of our business world, modern supply chain solutions have become the norm.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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Staying Ahead of Changing Technology in Task Management
Supply Chain Brain
MAY 20, 2024
Unlike conventional software, which becomes outdated as time passes, newer AI-driven machine-learning systems become increasingly sophisticated with age.
Procurement Transformation: Six key success factors
Spend Matters
MAY 20, 2024
In this guest post from Jeff Gibbons of The Hackett Group, he identifies six (sometimes overlooked) critical factors to ensuring a successful procurement transformation. This content is for members only. Visit the site and log in/register to read. The post Procurement Transformation: Six key success factors appeared first on Spend Matters.
H-E-B opens 8th e-commerce fulfillment facility
Supply Chain Dive
MAY 20, 2024
While some grocers are scaling back on opening e-commerce-focused facilities, the grocer plans to add more of them to its Texas footprint.
ProcureCon Supply Chain To Unite Industry Leaders in Atlanta this August
Supply Chain Brain
MAY 20, 2024
The conference will feature a diverse range of sessions, workshops, and networking opportunities tailored to meet the needs of professionals responsible for sourcing along the supply chain.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
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.
Walmart fires back at Amazon in fast delivery race
Supply Chain Dive
MAY 20, 2024
The retailer delivered 4.4 billion items over the past 12 months with either same-day or next-day speeds.
How to establish lineage transparency for your machine learning initiatives
IBM Supply Chain Blog
MAY 20, 2024
Machine learning (ML) has become a critical component of many organizations’ digital transformation strategy. From predicting customer behavior to optimizing business processes, ML algorithms are increasingly being used to make decisions that impact business outcomes. Have you ever wondered how these algorithms arrive at their conclusions? The answer lies in the data used to train these models and how that data is derived.
Analyst Map Inductee 3: Making A Case (Study) For Mintec
Procurement Insights
MAY 20, 2024
EDITOR’S NOTE: I am now starting to build my Analyst Solution Map of ten solution providers who I not only see as leaders in their specific area of service but will, through the use of an agent-based model , ensure successful implementations and promised practitioner outcomes. In short, my creditability as an analyst will be and is linked to your success.
Tips for Improving Efficiency as a Purchasing Agent
Procurement Freelancers
MAY 20, 2024
In any organisation, purchasing the right goods at a competitive price is very important. Your… The post Tips for Improving Efficiency as a Purchasing Agent first appeared on Procurement Blog | Procurement & Supply Chain News.
Freight Procurement Simplified: Bids from Hours to Minutes
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
Route Resilience: 5 Strategic Priorities for Logistics Excellence in the Next Year
Supply Chain Brain
MAY 20, 2024
Our webinar will cover a comprehensive guide for logistics professionals grappling with the stressors of the industry, like the pressure to optimize operations amidst tightening budgets and sustainability concerns.
Big Y names VP of logistics, distribution
Supply Chain Dive
MAY 20, 2024
Starting at the end of May, Eric Swensen will oversee self-distribution operations with a focus on fresh and local products.
Watch: Are You Ready for Humanoid Robotics?
Supply Chain Brain
MAY 20, 2024
It may sound surprising, but what differentiates humanoid robotics from a lot of other automation technologies is that it actually takes nothing to prepare for it, says Damion Shelton, president of Agility Robotics.
Walmart beats expectations in Q1 as revenue surpasses $160B
Supply Chain Dive
MAY 20, 2024
The company's e-commerce sales rose 21%, driven by store-fulfilled pickup and delivery and strength within its marketplace.
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.
U.S. Senate Investigation Links Automakers to Chinese Forced Labor
Supply Chain Brain
MAY 20, 2024
BMW reportedly shipped out 8,000 cars with a part from a Chinese supplier that had been added to a list of companies known to use forced labor.
The history of the central processing unit (CPU)
IBM Supply Chain Blog
MAY 20, 2024
The central processing unit (CPU) is the computer’s brain. It handles the assignment and processing of tasks, in addition to functions that make a computer run. There’s no way to overstate the importance of the CPU to computing. Virtually all computer systems contain, at the least, some type of basic CPU. Regardless of whether they’re used in personal computers (PCs), laptops, tablets, smartphones or even in supercomputers whose output is so strong it must be measured in floati
Dali Re-Floated, Pulled Out of Baltimore Bridge Wreckage
Supply Chain Brain
MAY 20, 2024
The U.S. Army Corps of Engineers still expects to fully reopen Baltimore's primary shipping channel by the end of May.
10 CLM Platforms to Take Your Procurement Game to the Next Level
World of Procurement blog
MAY 20, 2024
Contract lifecycle management (CLM) software has become an invaluable tool for procurement teams looking to optimize their contracting processes. As procurement organizations deal with an increasing volume and complexity of contracts, they need solutions to effectively manage the entire contract lifecycle from request through closeout. A dedicated CLM platform provides the automation, control, and analytics procurement teams need to maximize the value of contracts while minimizing risk.
The Ultimate Guide to Transportation and Load Building Optimization
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Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.
Report: EV Deliveries for Commercial Fleets Double in 2023
Supply Chain Brain
MAY 20, 2024
Commercial cargo vans and pickup trucks made up 90% of all BEV deliveries, 95% of which came from Ford and Rivian.
Recurring Revenue: The Key to a Sustainable Bootstrapped Business
Procurement Express
MAY 20, 2024
When it comes to building a successful self-funded software business, one of the most critical factors is securing recurring revenue. As Jason Cohen, the renowned entrepreneur behind WP Engine, explains, a recurring revenue model is not just about predictable cash flow – it’s about aligning your business with how your customers want to consume and pay for your product.
Post-Brexit Border Controls Could Cost U.K. Nearly $6B
Supply Chain Brain
MAY 20, 2024
That figure would cover the cost of 13 border-related programs to deal with physical checks on plant and animal imports and safety and security declarations.
Navigating the Dynamic Business Landscape with Fractional CFO Expertise
Procurement Express
MAY 20, 2024
In today’s rapidly evolving business world, the role of the Chief Financial Officer (CFO) has undergone a significant transformation. Traditionally, the CFO was primarily responsible for managing a company’s financial records, ensuring compliance, and providing historical financial data. However, as businesses face increasingly complex challenges, the need for a more forward-looking, strategic approach to financial management has become paramount.
How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software
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.
China Retaliates Against U.S. Tariffs
Supply Chain Brain
MAY 20, 2024
The announcement from the People's Republic of China’s Ministry of Commerce is a signal that China will hit back in its trade disputes with the U.S. and Europe.
High-Performance Companies Benefit From Upskilling Employees: You Can Too
Skill Dynamics
MAY 20, 2024
Talented employees are at the heart of any high-performing business. Great workers lead to even better results, so it’s vital that businesses create a culture that both attracts and retains top talent. One of the best ways to do this is to invest in your people — make a commitment to upskill your workforce. Rapid technological advancements and an ever-shifting market have presented a wide range of opportunities for companies to develop their talent, but this also presents some challenges.
Magnus Mondays — What About That Spend Visibility?
CPO Rising
MAY 20, 2024
Last week OpenAI released its new flagship model GPT-4o (o is for omni, as in working across audio, visuals, and text at the same time).
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