Thu.Sep 05, 2024

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Proposed Patent Rule Changes and their Impact on Innovation w/ Wen Xie

Art of Procurement

As someone who has never specialized in a patent-intensive space, I would have thought that patents were just about a. The post Proposed Patent Rule Changes and their Impact on Innovation w/ Wen Xie appeared first on Art of Procurement.

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Transforming contract management: From digital foundations to AI-powered efficiency and precision

Spend Matters

This content does not express the views or opinions of Spend Matters. In today’s fast-paced business environment, the need for agility and accuracy in contract management is more critical than ever. Contracts serve as the foundation for business relationships, outlining the terms, conditions and expectations between parties. However, managing these documents throughout their lifecycle — from creation to execution, and eventually to renewal or termination — can be a daunting task, fraught w

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Unlock $20M Savings with Superior Efficiency: Robotic Sortation vs. Traditional Unit Sorters

Supply Chain Brain

his webinar will break through common misconceptions about unit sortation and reveal how next-generation robotic solutions can deliver unmatched OPEX and CAPEX value, productivity, and scalability—all without disrupting your current workflows.

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Nordstrom pulls back on Pacific Northwest omnichannel center plans

Supply Chain Dive

The retailer said its current network will suffice following supply chain improvements made over the last few years.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

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.

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Gartner: Supply Chain Leaders Must Be 'Geopolitically Elastic'

Supply Chain Brain

In a survey of 258 supply chain leaders, 88% said that they expect to see a "moderate to very high" positive impact from scenario planning around geopolitical risks.

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ABF Freight to increase LTL pricing 5.9%

Supply Chain Dive

The increase may vary across specific lanes and shipments, according to the company.

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More Trending

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Lego to ramp up sustainable block sourcing efforts

Supply Chain Dive

The company is looking to reduce its reliance on virgin fossil fuels in the coming years, along with other environmentally conscious goals.

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Drought Shrivels Mississippi River, Threatens to Disrupt U.S. Food Exports

Supply Chain Brain

Dry conditions across the Ohio River basin, which feeds the Mississippi, have worsened already-low water levels at the large river.

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CMA CGM Air Cargo’s Transpacific service takes flight

Supply Chain Dive

The route will be operated by Atlas Air, connecting Hong Kong to Chicago using a B777-200 freighter.

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Colombia Truckers Block Roads in Protest Over Diesel Fuel Prices

Supply Chain Brain

The government rolled back years-old subsidies and raised the price of diesel fuel by more than 1,900 Colombian pesos (45 cents) on August 31.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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The Start of Procurement Foundry

Procurement Insights

I have written many articles, papers, and books over the years under my name for other publications – even more for ghostwritten articles. Occasionally, I look back over the decades at some of the publications for which I have written. Collectively, they make quite an archive. In 2019, Kelly Barner contacted me about a fellow named Michael Cadieux, who was just starting a new community called Procurement Foundry.

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Podcast | Closing the Gap Between Supply Chain Strategy and Execution

Supply Chain Brain

Every business transformation needs a solid strategy. And every strategy needs a laser focus on execution.

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JAGGAER Pay and Bottomline Partner to Bolster Procure-to-Pay Offering

Jaggaer

JAGGAER Pay users can now connect to the Paymode business payments network RESEARCH TRIANGLE, NC, September 5, 2024 – JAGGAER, the global leader in enterprise procurement and supplier collaboration, announced today its new partnership with Bottomline to integrate the Paymode payment network and its Premium ACH offering along with virtual card and other payment modalities, into JAGGAER’s B2B payment solution, JAGGAER Pay.

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Corvus Energy Gets Stamp of Approval for Net Zero Fuel Cell System for Ships

Supply Chain Brain

The company touts the system as a milestone for net-zero shipping, and plans to soon install it on a 35-meter fishing vessel.

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The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.

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NEW WEBINAR: The State of ePayables 2024: Money Never Sleeps

CPO Rising

In a 24/7/365 global business environment, where challenges from economic uncertainty, supply chain disruption, and changing technology continue to grow, cash management has never been more important, and that has… The post NEW WEBINAR: The State of ePayables 2024: Money Never Sleeps appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Behind the Mic: The Talent Drive Journey – Episode 99

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary In this special episode of the Talent Talks podcast, we have a new host, Warren Munson, founder of Evolve and The Evolve to Succeed Podcast interview our usual host Martin Smith, about his journey as an entrepreneur and running a recruitment group … Continued The post Behind the Mic: The Talent Drive Journey – Episode 99 appeared first on Talent Drive.

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What is Supplier Risk Management?

Art of Procurement

Supplier risk management is the effort associated with identifying, assessing, mitigating, and monitoring risks associated with an organization’s third party. The post What is Supplier Risk Management? appeared first on Art of Procurement.

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Who Really Cares About An SAP Senior Executive Departure?

Procurement Insights

We highlight on Supply Chain Matters yesterday’s sudden announcement of another SAP senior executive departure, that being Chief Technology Officer and Executive Board Member Juergen Mueller. [link] – Bob Ferrari LinkedIn post (September 5, 2024) The first thought that comes to my mind is this: Bob Ferrari : How does this benefit the end customer?

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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With Rising Product Recalls, It Pays to Reevaluate Your Supply Chain

Supply Chain Brain

Product recalls are becoming a daily occurrence, posing a serious challenge for manufacturers.

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Invoice Management: Process, Challenges, System, & Best Practices

TYA Suite

Effective invoice management is more vital than ever in today's fast-paced corporate environment. Bill management entails a variety of tasks, including bill reception, payment, and recordkeeping. This practice is referred to as the management of invoices. As financial transactions become more complex and precise, financial reporting becomes more crucial, businesses must create robust systems to ensure smooth invoice processing.

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U.K.'s M&S Deploys AI to Help Shoppers Choose Outfits

Supply Chain Brain

The automation of product descriptions using AI has risen to 80% from almost nothing in the past year.

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Biden Expected to Nix Sale of U.S. Steel to Japanese Manufacturer

Supply Chain Brain

The proposed $15 billion deal was first announced in December 2024, leading to months of scrutiny from the White House.

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The Transformative Role of Supply-Chain Leaders in Today’s Business

A new survey shows 55% of enterprises anticipate a major supply chain disruption to strike any time. No wonder, resilience is a top priority today. With disruptions looming, procurement and supply chain managers are stepping up their game. And guess what? Sixty-three percent believe AI can be their top ally in this mission. This new report from The Economist and GEP explores how procurement and supply chain professionals are responding to shifting business dynamics.