Supply Chain Brain

JULY 17, 2024

Just over 49% of workers voted in favor of unionizing, ending a two-year-long fight where employees held a series of strikes in a push for higher pay.

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Procurement Freelancers

JULY 17, 2024

Starting an online store is exciting, but you may face many obstacles you can’t overcome.… The post Is a Product Sourcing Agent Right for My E-Commerce Business? first appeared on Procurement Blog | Procurement & Supply Chain News.

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Sourcing Supply chain Procurement Supply 98

Supply Chain Dive

JULY 17, 2024

The Bipartisan Infrastructure Law is funding 13 economically significant projects to address traffic and freight bottlenecks.

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Supply Chain Brain

JULY 17, 2024

Predictive AI models will power smarter inventory distribution, greater pick path efficiency and dynamic order grouping, thereby improving accuracy, reducing costs and accelerating throughput.

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Inventory 105

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

Bidding

Supply Chain Dive

JULY 17, 2024

The new Shanghai to Chicago service responds to expected freight constraints on air and ocean lanes.

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Supply Chain Brain

JULY 17, 2024

A case study exploring how Hope for Justice and Slave-Free Alliance partnered with Exiger to adopt its supply chain visibility platform and pinpoint modern-day slavery problems across complex supply chains.

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Supply Chain Visibility Supply chain Supply 104

Supply Chain Brain

JULY 17, 2024

The cables were severed by the anchor of a cargo ship sunk by Iran-backed Houthi militants in late February.

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Art of Procurement

JULY 17, 2024

Procurement intake processes are often misunderstood by other areas of the business, and having to constantly guide distributed buyers through. The post AOP Introducing… Tonkean Enterprise Copilot appeared first on Art of Procurement.

Buyers 59

Buyers Procurement 59

Finale Inventory

JULY 17, 2024

Merchandise planning is a key aspect of any successful ecommerce business. It involves the strategic process of determining what products to offer, in what quantities, and at what prices to ensure profitability and customer satisfaction. This comprehensive guide covers the key components, challenges, role of technology, and future trends in merchandise planning.

supply chain software solutions 52

supply chain software solutions Inventory Supply Chain Optimization Demand 52

Una

JULY 17, 2024

EPISODE 174 Financial Positioning for Lasting Growth with Lonnie Bloom By Kelly Barner | July 17, 2024 Fast growth company leadership teams have a lot on their plates. They are balancing building a solution or offering, building brand recognition, and closing deals. But no concern is higher priority than funding. In order to secure that funding, they also need to invest in accounting – and it is never too soon to get started.

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Leadership Contract management Quality Contract 52

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.

Supply Chain Optimization

Finale Inventory

JULY 17, 2024

In today’s rapidly changing business environment, supply chains are crucial to the success of ecommerce companies. However, even the most efficient supply chains can be affected by a phenomenon known as the Bullwhip Effect. This article will examine the causes of the Bullwhip Effect and discuss strategies to mitigate its impact. By understanding and addressing this issue, businesses can optimize their supply chains and enhance customer satisfaction.

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Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 52

Barkers Procurement

JULY 17, 2024

Haventus are an energy transition facilities provider developing a port infrastructure for offshore wind generation production at Ardersier, Scotland. Scheduled to open in 2025, this world-leading hub will provide Scotland’s largest facility on the North Sea coast for deploying and servicing offshore wind installations. The scale of infrastructure and construction required is substantial with millions of pounds of investment required to maintain an ambitious build schedule.

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Spend management Bidding Quality Procurement 52

Finale Inventory

JULY 17, 2024

In retail, staying ahead of the competition requires a keen understanding of key performance indicators (KPIs). These metrics help evaluate the success and effectiveness of various aspects of a retail business, enabling retailers to make informed decisions and drive growth. This article covers the importance of retail KPIs, breaks down the main metrics to track, discusses the future of KPIs in 2024, and provides insights into implementing and optimizing KPI tracking in the ecommerce sector.

Inventory 52

Inventory Supply Chain Optimization Supply Chain Efficiency Strategic planning 52

Skill Dynamics

JULY 17, 2024

Struggling to anticipate customer demands? It’s impossible to know entirely how demand will pan out. However, demand forecasting is key to gaining some sense of control over your business during this turmoil. By accurately predicting future market trends that impact your organization, you can effectively navigate this changing market and drive sustainable growth.

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supply chain budgeting Demand Supply Chain Efficiency Supply Chain Optimization 52

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.

Procurement

Finale Inventory

JULY 17, 2024

In-transit inventory is critical in ecommerce. It refers to goods and products in the process of being transported from one location to another. For businesses, managing in-transit inventory is necessary to ensure the smooth flow of goods, maintain customer satisfaction, and optimize operations. Understanding In-transit Inventory To navigate in-transit inventory effectively, it’s important to have a clear understanding of what it entails.

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Inventory Real-time Visibility Supply Chain Optimization Purchase orders 52

Arkestro

JULY 17, 2024

With modern procurement moving quicker than ever before, it has evolved from a simple purchasing function to a complex orchestration of strategic roles

Procurement 52

Procurement Purchasing 52

TYA Suite

JULY 17, 2024

What is Request for Quotation (RFQ)? (RFQ) is a formal process used by organizations to solicit bids from suppliers for specific goods or services. It involves requesting a quotation that details pricing and specifications. The request for quotation process helps procurement teams gather accurate quotes to compare and select the best supplier. This quote process is critical for ensuring competitive pricing and high-quality procurement.

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Real-time Visibility Quantity Price Negotiation 40

CPO Rising

JULY 17, 2024

Join Ardent Partners and ZIP on July 31st (2 PM ET) for a webcast on Beyond Automation: How Intake & Orchestration Can Help Procurement Win in 2024. Driving more spend under management while simultaneously freeing up time for procurement professionals might seem unattainable.

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Procurement Management Chief Procurement Officer Strategy 40

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

Innovation

TYA Suite

JULY 17, 2024

Procurement strategy is the cornerstone for sustained growth when negotiating the complexity of today's corporate environments. Traditionally, procurement strategy entails meticulous planning to procure goods and services efficiently, aligning with organizational goals. However, the advent of digital procurement strategy has revolutionized the paradigm.

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Procurement strategies Strategy Supply Chain Efficiency Procurement 40

Let's Talk Supply Chain

JULY 17, 2024

Hurricane season is always deeply volatile for supply chains, and this year it’s extreme. Recently, hurricane Beryl barreled through Texas leaving millions in the dark, shaking up lives, and driving $ 32B in federal storm damage expenses. The same storm left thousands of homes in Jamaica without electricity after the country was slammed by twelve hours of heavy rain.

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supply chain budgeting Supply chain Supply Leadership 98

TYA Suite

JULY 17, 2024

Purchase order (PO) management is a vital aspect of procurement, encompassing the systematic handling of purchase orders from creation to fulfillment. In today's dynamic business environment, efficient po management is essential for optimizing inventory levels, controlling costs, and maintaining strong supplier relationships. By leveraging technology and best practices, organizations can streamline the purchase order process, enhance transparency, and drive operational excellence.

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Purchase orders Purchasing Management Supply Chain Efficiency 40

Finale Inventory

JULY 17, 2024

In a fast-paced, technology-driven business environment, having the right software is key for the success of any manufacturing company. Enterprise Resource Planning (ERP) software plays a significant role in streamlining operations, improving efficiency , and enhancing overall productivity. As we look forward to 2024, it’s important to stay updated on the latest trends and options available in the market.

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supply chain software solutions Supply Chain Optimization supply chain budgeting Real-time Visibility 52

Advertiser: GEP

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.

Supply Chain Optimization

TYA Suite

JULY 17, 2024

Managing orders efficiently is crucial for any small business. A robust purchase order system can streamline procurement, manage expenses, and maintain smooth operations. In this guide, we’ll delve into how to choose the best purchase order system for small business, ensuring you make an informed decision. The Importance of a Purchase Order System A purchase order system for small businesses streamlines the procurement process by automating the creation, approval, and tracking of purchase orders

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Purchase orders Purchasing Real-time Visibility Budget 40

Arkestro

JULY 17, 2024

Case Studies / US Manufacturer Achieves Significant Savings in North America-wide Logistics Event US Manufacturer Achieves Significant Savings in North America-wide Logistics Event An Arkestro Manufacturing customer, with a largely North American footprint, recently conducted a large event using the Arkestro PPO Platform to increase efficiencies for outbound transportation.

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Logistics Bidding Raw materials Supply Chain Efficiency 52

TYA Suite

JULY 17, 2024

Maintaining efficiency and organization is essential in the fast-paced business world of today. A offers a seamless solution for managing your. By implementing a cloud-based purchase order system, businesses can streamline operations, enhance accuracy, and gain real-time visibility into purchasing activities. This innovative cloud purchase order software simplifies tracking, approval, and reporting, making it an indispensable tool for modern enterprises.

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Purchase orders Purchasing Real-time Visibility Cost of ownership 40

Supply Chain Brain

JULY 17, 2024

The money will go toward rebuilding, repairing and restoring 13 "nationally significant" bridges across 16 states.

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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.

Real-time Visibility

TYA Suite

JULY 17, 2024

In today’s competitive market, effective inventory management is critical for small businesses looking to optimize operations, reduce costs, and improve customer satisfaction. With the right inventory management system, small businesses can streamline processes, gain real-time insights, and ultimately drive growth. This comprehensive guide explores the for small businesses, highlighting key features, benefits, and considerations to help you make an informed decision. , is a digital tool that hel

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supply chain software solutions Inventory Real-time Visibility Management 40

Supply Chain Brain

JULY 17, 2024

Trump's proposal would include a 60% tax on all goods from China, which accounted for roughly 15% of all U.S. imports in 2023, by value.

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Supply chain Import Supply 110

Procurement Insights

JULY 17, 2024

Okay, I will start this post in one direction, seemingly go off on another track, and then return to the original starting point. Trust me, there is a logical tie-in and a-ha moment. Here Is The First Part – Analyst resets outlook for 3 huge tech stocks The analysts believe estimates for future earnings for the trio of Mag 7 stocks underestimates new AI system costs – Charley Blaine , The Street (Updated:Jul 16, 2024 9:59 PM EDT) Analysts look deeply into the earnings details of comp

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Data Procurement Management Supply chain 52