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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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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Trending Sources

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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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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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Load Optimization: A Sustainable Way To Reduce Transportation Costs

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.

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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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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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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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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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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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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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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

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.

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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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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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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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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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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

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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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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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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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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.

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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.