Tue.May 28, 2024

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'Organized Crime at its Finest': Huge Rise in Cargo Thefts Continues

Supply Chain Brain

Overhaul tracked a 9% year-over-year increase in cargo thefts in the United States in 2023, and expects that number to skyrocket to 35% by the end of 2024.

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Cotton traced to Xinjiang, China, present in over 800 products: report

Supply Chain Dive

About a third of positive-tested items had fibers solely from the banned region, despite U.S. regulations over forced labor concerns.

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Record Hurricane Season in Atlantic Could Spell Trouble for Supply Chains

Supply Chain Brain

NOAA is projecting between 17 and 25 named storms with winds of nearly 40 miles an hour in the Atlantic between June and November.

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CPO Crunch: Measure more to drive impact

Procurement Leaders

Those who attended the World Procurement Congress a couple of weeks ago will have heard that Procurement Leaders is celebrating its 20th anniversary this year. During that time, the procurement profession has changed significantly – evolving from back-office afterthought to a function of board-level, strategic relevance. How we bring value has changed and how we measure our value has changed as well.

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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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Trade Strains Boost Cargo Rates at Pace Recalling Covid ‘Chaos’

Supply Chain Brain

Some of the catalysts for the monthlong advance in seaborne freight rates stem more from worry than optimism.

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Medtech company Avanos hires new supply chain SVP

Supply Chain Dive

Sigfrido Delgado, a former VP at Jabil Healthcare, will be tasked with maintaining the pace of Avanos’ supply chain transformation plan.

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Intake and Orchestration in procurement: How do the solution providers define its role? – Tonkean

Spend Matters

Spend Matters chose Intake and Orchestration as its main research theme for this quarter because we believe it is the fastest-growing procurement tech market segment today. If you’d like to understand more about what intake management and orchestration mean for procurement, read our Guide to Intake and Orchestration. As part of our research we are conducting analyst-led analysis / thought leadership , solution provider deep-dive analyses , webinars and interviews with both the practitioners who

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Watch: AI and ESG: Are They in Conflict?

Supply Chain Brain

Artificial intelligence is all the rage, but is it coming into conflict with environmental, social and governance (ESG) concerns? Guy Courtin, vice president of industry and global alliances with Tecsys, explains the apparent disconnect.

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Spend Matters product enhancements

Spend Matters

Alongside our free-to-read content, Spend Matters provides a subscription service of data-driven procurement technology analysis, research and thought leadership based on granular rankings of procurement technology capabilities and customer satisfaction surveys. We strive to improve how we communicate this procurement tech market intelligence based on customers’ requests.

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Child Labor Used to Pick Flowers for Famous Perfume Brands

Supply Chain Brain

Filming secretly at night in Egypt, BBC journalists found at least four different locations where jasmine was being picked by children younger than 15 years old.

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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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FreshRealm taps Amazon vet as supply chain chief

Supply Chain Dive

Stacey Wallace will lead the company's strategy to optimize its infrastructure for short-shelf-life products.

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Data protection strategy: Key components and best practices

IBM Supply Chain Blog

Virtually every organization recognizes the power of data to enhance customer and employee experiences and drive better business decisions. Yet, as data becomes more valuable, it’s also becoming harder to protect. Companies continue to create more attack surfaces with hybrid models, scattering critical data across cloud, third-party and on-premises locations, while threat actors constantly devise new and creative ways to exploit vulnerabilities.

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Discover the Ultimate Suppliers Sourcing Solution for Your Business

Procurement Freelancers

The identification and selection of the right suppliers is a very important factor in the… The post Discover the Ultimate Suppliers Sourcing Solution for Your Business first appeared on Procurement Blog | Procurement & Supply Chain News.

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How To Defend the Supply Chain From Surging Cyberattacks

Supply Chain Brain

As cyberattacks pose a growing threat to business operations, it’s never been more important to account for the full range of attack vectors that cybercriminals exploit.

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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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Navigating the New Procurement Landscape: The Procurement Act 2023 & it’s Impact on Suppliers in the UK

Value Match

Categories Best Practice Guides Bid Management Business Case Study Circular Economy Community Story Contract for Change Cyber Security Environment and Climate Equality and Inclusion Government Buying Standards House of Commons Committee of Public Accounts Human Rights and Modern Slavery Legislation National Audit Office Reports News Procurement Best Practice Procurement Policy Notes Procurement Strategy Public Sector Library Public Sector Policy Resourcing Responsible Organisational Management S

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Mastering Procurement Acronyms: Understanding of RFI, RFQ, and RFP

Arkestro

Resources / Blog / Mastering Procurement Acronyms: Understanding of RFI, RFQ, and RFP Mastering Procurement Acronyms: Understanding of RFI, RFQ, and RFP Unravel the mystery of procurement acronyms with this comprehensive guide to RFI, RFQ, and RFP. Take your procurement knowledge to the next level! Procurement requests are a critical component of strategic sourcing and purchasing initiatives for businesses.

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Dell – FedEx Supply Chain (formerly GENCO)

Vested Way

Dell’s story began with a belief and a passion: that everybody should have easy access to the best technology anywhere in the world. That was in 1984 in Michael Dell’s University of Texas dorm room. Today, Dell Technologies is instrumental in changing the digital landscape the world over. Dell is among the world’s leading technology companies helping to transform people’s lives with extraordinary capabilities.

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9 “Alt” Procurement KPIs and Metrics for Modern Teams

Procurement Software

Procurement KPIs and procurement metrics are crucial to measure the success of streamlined procurement process. However, many KPIs in procurement have become outdated. We need to move with the times. With AI and new generations of procurement tech, an alternative set of procurement metrics are necessary. Measuring our performance and the effectiveness of how we deliver wider value to the business requires a rethink.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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RFx Types in Procurement and Strategic Sourcing

Art of Procurement

If you work in procurement you’ve probably had to explain the difference between an RFP and an RFI more than. The post RFx Types in Procurement and Strategic Sourcing appeared first on Art of Procurement.

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Value-add procurement takes flight at London Luton Airport with JAGGAER

Jaggaer

JAGGAER's latest news on procurement & sourcing. Read now: Value-add procurement takes flight at London Luton Airport with JAGGAER.

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CPO Rising: Three Areas Where AI Can Help You Today

Arkestro

The post CPO Rising: Three Areas Where AI Can Help You Today appeared first on Arkestro.

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Are “digital skills” valued by CPOs? – Andrew Daley from EdburyDaley

The Procuretech Podcast

This week on The Procurement Software Podcast, host James Meads chats to guest Andrew Daley, a partner at EdburyDaley, a specialist recruitment firm in the UK. Andrew sheds light on some of the differences between recruiting individuals for procurement tech companies, and how it differs from hiring for traditional procurement roles. Tune in to gain insights into how technology is shaping the procurement profession and discover the tools to stay ahead in the game.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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Are Solution Providers Solving The Right Practitioner Problems?

Procurement Insights

Given Gartner’s report that 80 to 85% of all AI initiatives fail, where is the disconnect occurring between sourcing, buying, and implementing a solution? What is the benefit of building an analyst solution map if you can’t ask your selected providers pointed and timely questions beyond the general “industry speak” of features, functions, benefits, new client wins, and making someone’s Top Ten list – mine included.

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Magnus Mondays — Three Areas Where AI Can Help You Today

CPO Rising

While generative AI is emerging and use cases are evolving, artificial intelligence in the form of natural language processing (NLP), machine learning, and deep learning has been in use for years. Despite most solution providers not being shy to broadcast this, it still feels like it’s being a little forgotten.

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The EcoVadis Rebuttal Regarding The Achilles Post

Procurement Insights

The Rebuttal There are two principles or rules I adhere to in my writing. The first is that I would rather get it right than be right. The second—and I just shared this in a discussion stream with David Loseby the other day—is that I always ask somewhat thought-provoking questions to stimulate a dialogue. The above points also underline the shortcomings regarding solution provider maps; they provide a logo but don’t tell you who is behind it.

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Canada Border Agents Threaten to Strike in June

Supply Chain Brain

The U.S. Department of Agriculture warned the border agent strike could have “significant impacts” for agriculture trade, producers and consumers.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.