ABC of Procurement

APRIL 3, 2024

Do you think air can not influence your COGS (Unless you sell compressed air)? It can, and here is a real example. The post Influence of Air on COGS first appeared on ABC of Procurement.

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Influencing Procurement 147

Supply Chain Dive

APRIL 3, 2024

The surcharges from both carriers will take effect this month in 82 ZIP codes across the U.S., many covering major urban areas.

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Spend Matters

APRIL 3, 2024

Artificial intelligence (AI) comes in many different forms (for a complete history of AI in procurement, check out our recently published autoaugmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. This article explores the current state of AI in the intake and orchestration marketspace, including a capabilities overview, a high-level market overview and an introduction to the emerging field o

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Procurement Management 89

Supply Chain Dive

APRIL 3, 2024

The integration will help warehouse operators using Two Boxes’ returns processing software handle volume from Happy Returns more efficiently.

Warehouse operations 101

Warehouse operations 101

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Supply Chain Optimization

Supply Chain Brain

APRIL 3, 2024

A major brand faced mounting pressure to adopt sustainable practices and reduce its environmental footprint. Consumers, retailers, and even regulators began demanding less (and penalizing) single-use plastic waste in the supply chain.

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Sustainability Supply chain Demand Supply 96

Supply Chain Dive

APRIL 3, 2024

Flatbed loads surged 57% week over week from Baltimore, DAT Freight & Analytics reported.

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Supply Chain Dive

APRIL 3, 2024

The Norway-based ocean carrier said it's rerouting cargo as the fall of the Francis Scott Key Bridge impacts its vessel operations.

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Supply Chain Brain

APRIL 3, 2024

“My hope is that we can find diplomatic off-ramps,” President Joe Biden’s special envoy for Yemen told reporters in a press briefing.

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Supply Chain Dive

APRIL 3, 2024

Since Bill Rice joined the chain in January, the chicken brand has already launched a supply chain optimization study.

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Supply Chain Optimization Supply chain Supply 111

Supply Chain Brain

APRIL 3, 2024

The two companies' joint-filing was submitted on April 1, and would look to limit their legal liability to $43.6 million.

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Management 97

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.

Supply chain

Una

APRIL 3, 2024

EPISODE 159 All Travel is Personal with J. Grant Caplan By Kelly Barner | April 3, 2024 It goes without saying that travel has changed since the pandemic – although not in the way most of us might assume. There have certainly been adjustments to logistics and expectations, but, most of all, companies are doing a better job of recognizing the wellness considerations intertwined with business travel, and finding purposeful ways to accommodate their travelers without onerous increases to the

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Budget Logistics Sourcing Management 69

Supply Chain Brain

APRIL 3, 2024

Peru’s government is trying to revoke a deal that granted China's Cosco Shipping exclusive rights to run the new Chancay Port.

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IBM Supply Chain Blog

APRIL 3, 2024

IBM ® TRIRIGA ® Application Suite (TAS) is a market-leading  integrated workplace management system for organizations managing their facility portfolios and assets throughout their lifecycle efficiently. It helps organizations optimize their workplace experience , facility resource scheduling, facility strategic planning, lease accounting and asset disposal, and manage their transactions, capital projects , space , facility maintenance and facility sustainability.

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Demand Management Strategic planning Sustainability 63

Supply Chain Brain

APRIL 3, 2024

New Boeing Chairman Steve Mollenkopf instead is reaching out directly to CEOs for major airlines in an attempt to smooth over strained relations.

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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

IBM Supply Chain Blog

APRIL 3, 2024

Over the next decade, AI will impact all industries and help shape which companies, teams and executives come out ahead. This is why we’ve seen so many early AI adopters in sports, where even the slightest competitive advantage can be the difference between first and second place. Take last year’s US Open , for example, where IBM watsonx™ projected the level of advantage or disadvantage of all players in the singles draw.

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Data Leadership Buyers Innovation 60

Procurement Freelancers

APRIL 3, 2024

The freelance work marketplace is bustling. Navigating it gracefully and skillfully can transform brief customer… The post When Dealing With Freelance Buyers, Avoid Common Pitfalls first appeared on Procurement Blog | Procurement & Supply Chain News.

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Buyers Supply chain Procurement Supply 52

Una

APRIL 3, 2024

Procurement's Road to Victory Breaking down ways Sourcing Heroes can establish connections and create value at every juncture on procurement’s road to victory. By Mackenzie Oakley | April 4, 2024 Search Search Some heroes wear capes, and some … read contracts? Absolutely. Mark Grieco is one such hero. A practicing procurement attorney and long-time educator, Mark works deep in the procurement trenches, simultaneously litigating or consulting on contracts on behalf of corporations while te

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Real-time Visibility Contract Procurement Project management 52

Positive Purchasing

APRIL 3, 2024

We are excited to announce that we are exhibiting at Learning Technologies on 17-18 April 2024! Learning Technologies is Europe’s leading showcase of organizational learning and the technology used to support learning at work. With over 10,000 attendees from 50 different countries, 200 unmissable seminars and 200 international exhibitors expected this year, this event continues to grow in importance, value and attendance year after year.

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Purchasing Supplier relationship management Category management Negotiation 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

The Thomas Blog

APRIL 3, 2024

Inbound and outbound lead generation are two distinct approaches to acquiring potential customers. Inbound focuses on attracting prospects through valuable content, while outbound employs interruptive tactics to reach them. Knowing the differences between inbound and outbound lead generation is essential, regardless of whether your goal is to get quick leads through direct communication or to establish trust through instructional content.

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Strategy Buyers Quality Purchasing 52

IBM Supply Chain Blog

APRIL 3, 2024

On March 6, 2024, the US Securities and Exchange Commission (SEC) adopted rules to enhance and standardize climate-related disclosures by public companies and in public offerings. The commission’s adoption of the rules is two years in the making. The original proposed rules, issued in March 2022, aimed to ensure consistency in how publicly traded companies provided climate-related information to investors.

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Sustainability Risk Strategy Risk management 52

Supply Chain Brain

APRIL 3, 2024

E-commerce is bringing new opportunities to air cargo, both domestic and international, says Milind Tavshikar, chief executive officer of SmartKargo.

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CPO Rising

APRIL 3, 2024

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with your news story here.

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Chief Procurement Officer Procurement Supply management Management 52

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Supply Chain Optimization

Supply Chain Brain

APRIL 3, 2024

SupplyChainBrain's results-oriented approach revolves around "The Five Rings," representing key pillars of a successful marketing program.

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Supply Chain Brain

APRIL 3, 2024

The Elon Musk-owned EV company handed over less than 387,000 cars in the first three months of 2024, down 8% year-over-year.

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Supply Chain Brain

APRIL 3, 2024

The Elon Musk-owned EV company handed over less than 387,000 cars in the first three months of 2024, down 8% year-over-year.

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Supply Chain Brain

APRIL 3, 2024

The announcement comes nearly a year after a derailment in East Palestine, Ohio sparked a wide-ranging discussion regarding rail safety.

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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