Mon.Mar 11, 2024

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Why Is Supply Chain Visibility Critical for Effective Decision-Making?

All Things Supply Chain

Supply chain visibility is about knowing where things are at all times, from their sources to their final destinations. Various technologies can track goods in real time.

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3 things to expect from the pharmaceutical supply chain in 2024

Supply Chain Dive

Healthcare experts pointed to shortages, domestic production and the Drug Supply Chain Security Act as trends to watch this year.

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CPO Crunch: New model armies

Procurement Leaders

Hands up if you’re either thinking about, have recently been through or currently undergoing a procurement operating model change. I have a suspicion – if you were to play the game – that a lot of virtual hands would be reaching for the sky right now. Why? Anecdotally, I’ve had several conversations with CPOs recently that have landed on the issue, which is one sure indicator, but another stronger indicator was last week’s CPO community call on the subject.

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Bombardier increases supplier support system to 50 members

Supply Chain Dive

The manufacturer aims to build inventory in the first half of the year to meet its projected delivery goal of up to 155 aircraft in 2024.

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From Rigid To Resilient: Why Enterprises Need Shopify's Modular Commerce Now

Speaker: Benjamin Woll

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Shopify’s modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how Shopify’s composable approach helps modernize commerce stacks while maintaining control over critical systems.

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VORTAL: Vendor Analysis — e-Sourcing and e-Procurement solution overview, roadmap, customer feedback, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of VORTAL and its source-to-pay (S2P) solution. Procurement organizations increasingly demand efficient and streamlined processes. Traditional procurement processes can be complex, time-consuming and manual, leading to inefficiencies, a lack of transparency and increased risk. To overcome these challenges organizations often look for a technology solution that offers automation, centralized data management and streamlined workflows.

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How shippers can nurture better ocean carrier relationships

Supply Chain Dive

Assessing past behaviors and having face-to-face meetings can help solidify deals, an executive from Cummins said at TPM24.

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Procurement Strategies and Innovation – A CPO treasure chest

Spend Matters

At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week. We use solution provider and practitioner intelligence, alongside our first-hand knowledge from endless demos within the tech industry (culminating in our Vendor Analyses ) to s

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Finding the Eye of the Storm: How Retailers Can Thrive Amid Ongoing Challenges

Supply Chain Brain

It’s a great time to be a retailer in the U.K., with the current economic situation spurring retailers to innovate and adapt.

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Supplier discovery versus vendor rationalization: A case of an irresistible force meeting an immovable object

Procurement Insights

How important is supplier discovery to your company? Your answer will determine whether you Should register for this webinar or MUST register for this webinar. Before you answer – a little background information will help: In 2018, an Institute for Supply Management article by Dan Zeiger wrote – “The old 80-20 rule — 80 percent of a company’s spend among the top 20 percent of its suppliers — is often considered an ideal starting point.

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Three U.S. Nitrogen Gas Manufacturers Bar Products From Use in Executions

Supply Chain Brain

It’s the first example of corporate action to stop medical nitrogen being used to kill people.

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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.

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Dun & Bradstreet Finds Most Supply Chains are Underprepared for Big Disruptions

SCMR (Supply Chain Management Review)

Despite the proliferation of technology to ease the process, most smaller businesses are not prioritizing the strengthening of their supply chains.

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Deutsche Bahn Loses Court Bid to Block Train-Drivers’ Strike

Supply Chain Brain

Germany is braced for another wave of travel disruptions after unions representing cabin crew and train drivers announced more walkouts.

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Navigating Success: The Vital Role of Procurement Consultants in the Food Manufacturing Industry

Procurement Freelancers

In the ever-evolving landscape of the food manufacturing industry, ensuring the smooth and efficient procurement… The post Navigating Success: The Vital Role of Procurement Consultants in the Food Manufacturing Industry first appeared on Procurement Blog | Procurement & Supply Chain News.

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DOJ Opens Criminal Investigation Into Boeing Over Door Plug Blowout Incident

Supply Chain Brain

DOJ investigators have reportedly begun reaching out to passengers and crew aboard the flight where a door plug blew out in January.

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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.

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malomatia & JAGGAER announce partnership expansion in energy and utilities sector

Jaggaer

The post malomatia & JAGGAER announce partnership expansion in energy and utilities sector appeared first on JAGGAER.

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Great Stories Are Simple

Negotiations Ninja

In episode #439 of Negotiations Ninja, Mark Carpenter shared how storytelling makes leadership more credible and increases the all-important “know, like, and trust” factor. But how do you get better at telling stories? What do great stories look like? Let’s start with the basics. What do great stories include?

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Magnus Mondays — Category Management: All Talk No Action?

CPO Rising

When I started in procurement in what feels like way too many years ago, it was as a buyer. A few years later I got a new title, strategic buyer! Nothing actually changed but I got a fancier title.

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Automated purchasing software solutions: What to look for in 2024

Fraxion

How automated purchasing software can boost efficiency and reduce costs With efficiency, cost control, risk management, and strategic decision-making top-of-mind, business leaders are placing increasing emphasis on optimizing purchasing processes. Enter automated purchasing software; these innovative tools are purpose-built to transform the way businesses manage their purchasing operations.

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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

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Biden Budget For 2025 Fiscal Year Pours Billions Into U.S. Supply Chain Infrastructure

Supply Chain Brain

Biden’s budget looks to shore up ports and repair aging highways and bridges across the U.S.