Ports brace for a potential ILA strike
Supply Chain Dive
SEPTEMBER 25, 2024
East Coast and Gulf Coast seaports are extending hours and sharing contingency plans as they prepare for disruption.
Wed.Sep 25, 2024
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Harnessing Remote Sensing to Secure Global Food
All Things Supply Chain
SEPTEMBER 25, 2024
With the global population expected to reach nearly 10 billion by 2050, as projected by the United Nations, and climate change threatening agricultural productivity, securing the global food supply chain…
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Now Is the Time to Proactively Address Supply Chain Risk Mitigation
Supply Chain Brain
SEPTEMBER 25, 2024
Traditional supply chain risk-management strategies are based on limited and static sources of insight, and often fail to support cross-functional collaboration
FedEx Q1 earnings: 3 takeaways
Supply Chain Dive
SEPTEMBER 25, 2024
The delivery giant is looking to improve results with higher surcharges and more efficient delivery operations.
GEP Spend Category Outlook Report 2025
Advertiser: GEP
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.
FAA Audit Details Boeing's Pattern of 'Troubling Production Problems'
Supply Chain Brain
SEPTEMBER 25, 2024
The FAA identified several instances where Boeing workers cut corners, including one mechanic who used an improvised device to measure gaps between components.
NPI: Vendor Analysis — SaaS intelligence solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
SEPTEMBER 25, 2024
In this Spend Matters Vendor Analysis we provide an overview of NPI and its solution for SaaS intelligence. Enterprise IT buyers face unique challenges and complexities due to lack of pricing transparency, increasingly high volumes of contract renewals and generally overwhelmed procurement teams. SaaS intelligence vendors such as NPI address these issues with a dedicated SaaS procurement management tool (that NPI augments with deep pricing intelligence) which helps organizations struggling with
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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AI is becoming a fixture in the parcel delivery industry
Supply Chain Dive
SEPTEMBER 25, 2024
More precise shipping time estimates and reduced exposure to porch piracy are among the benefits touted by FedEx, UPS and other carriers.
Arbitration Board Rules in Favor of U.S. Steel's Sale to Japanese Manufacturer
Supply Chain Brain
SEPTEMBER 25, 2024
Nippon has promised to invest $1.4 billion in facilities with USW representation, and not conduct layoffs while the union's existing labor deal remains in place.
FedEx Freight slashes spending 62% ahead of potential spinoff
Supply Chain Dive
SEPTEMBER 25, 2024
The logistics giant nearly halved overall truck and trailer expenditures last quarter.
How to Achieve the Trade-off Between Cost and Performance (with Multi-Objective Analysis)
The Good Spending
SEPTEMBER 25, 2024
In today’s cloud-driven environment, businesses face increasing pressure to balance performance, reliability, and cost in their cloud infrastructure. This post will explore an example of cloud storage optimization in which a company must meet storage capacity and service level agreement (SLA) requirements while minimizing costs. We will walk through the process step by step, including how to derive constraints and how Pareto front analysis can help visualize trade-offs between price and performa
5 Ways You Can Win Faster with Gen AI in Sales
Advertiser: ZoomInfo
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.
The Importance of Strategically Addressing Indirect Technology Spend
Barkers Procurement
SEPTEMBER 25, 2024
We live in an increasingly digital world, and the vast majority of organisations out there – regardless of their size – are now underpinned by technology. Technology spend is often the largest indirect spend category, and will only continue to grow as companies invest in digital tools to keep up with their consumers’ digital preferences and to maintain their competitive advantage.
CFO Key Issues and Priorities
Arkestro
SEPTEMBER 25, 2024
Resources / Analyst Reports / CFO Key Issues and Priorities CFO Key Issues and Priorities Download Now Let's Talk % of finance executives say their number one finance initiative is to simplify, standardize, and automate processes. Summary Throughout this past year, organizations have faced economic uncertainty, with concerns over geopolitical tensions, high interest rates, and potential recession.
What is Lead Time? Definition & Tips to Shorten It – Finale Inventory | Ecommerce
Finale Inventory
SEPTEMBER 25, 2024
Lead time refers to the amount of time it takes for a product to go from the initial order placement to its final delivery to the customer. In ecommerce, understanding lead time is key for efficient inventory management and customer satisfaction. This article will provide a comprehensive definition of lead time, discuss its importance in ecommerce, examine the components that make up lead time, highlight the negative impact of long lead times, and provide strategies to help shorten it.
Why Is It So Hard To See An Actual Demo Of A ProcureTech Solution?
Procurement Insights
SEPTEMBER 25, 2024
EDITOR’S NOTE: The following is a discussion I had the other day with a new connection/follower on LinkedIn. I will take you through the entire unedited DM exchange because these are the types of preliminary discussions that need to occur between practitioners and providers. Remember that I am talking with someone from a global enterprise that generates $1.1 billion in annual revenue. “As of 2023, Blue Yonder, a leading supply chain management software company, reported an estimated
GEP Outlook Report 2025
Advertiser: GEP
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
Procurement News — September 25, 2024
CPO Rising
SEPTEMBER 25, 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… The post Procurement News — September 25, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Economic Order Quantity Explained: Formulas and How to Use Them – Finale Inventory | Ecommerce
Finale Inventory
SEPTEMBER 25, 2024
In ecommerce, effective inventory management is vital to the success of any business. One key concept in this field is the Economic Order Quantity (EOQ), which helps determine the optimal order quantity for a product that minimizes inventory costs. Understanding and applying EOQ can significantly improve your inventory management practices and drive profitability.
Why rebates offer untapped potential - Mark Gilham from Enable
The Procuretech Podcast
SEPTEMBER 25, 2024
In this episode of The Procurement Software Podcast, host James welcomes Mark Gilham from Enable to discuss the complexities and opportunities surrounding rebates in procurement. They explore how effective tracking and reporting of rebates can lead to significant savings for organisations. Tune in to discover practical strategies that can help your organisation navigate the opportunities of effective rebate and post-signature contract management.
Mitigating Procurement Risks: Best Practices and Strategies
TYA Suite
SEPTEMBER 25, 2024
Procurement is a vital activity in any firm, responsible for procuring goods and services efficiently and cost-effectively. However, the is fraught with risks that can impact a company’s bottom line and operational efficiency. Effective procurement risk management is essential to ensure smooth operations and safeguard the organization’s interests. This blog explores types of procurement risks, challenges of procurement risk management, best practices, and strategies for mitigating procurement ri
10 Ways to Leverage Buyer Signals and Drive Revenue
Advertiser: ZoomInfo
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.
Biden Administration Presses Freight Railroads to Offer More Paid Sick Days
Supply Chain Brain
SEPTEMBER 25, 2024
Over the past two years, the share of Class I freight railroad employees who are provided paid sick days surged from 5% to 90%.
Understanding Sourcing and eSourcing for Efficient Procurement
TYA Suite
SEPTEMBER 25, 2024
Sourcing is a critical component in attaining operational excellence and propelling organizational success in today’s ever-changing business landscape. Whether you’re a seasoned professional or new to the industry, understanding the acquisition process and its various aspects is essential. This in-depth guide explores the its foundations, and how e-sourcing is transforming acquisition tactics.
Creating Net Efficiency in the Supply Chain Through a Supplier Experience Lens
HICX
SEPTEMBER 25, 2024
The Supplier Experience Live 2023 event was closed by Costas Xyloyiannis , CEO of HICX , who provided his view on where the supplier experience journey will take us next, the impact that technology will have, and why its impact will need out-of-the-box thinking in order to create net efficiency gains. This article will cover: Why technology is creating inefficiency within the supply chain What does “net efficiency” in the supply chain mean?
Biden-Harris administration tackles supply chain risks with new federal tool
Supply Chain Dive
SEPTEMBER 25, 2024
The Commerce Department's SCALE tool aims to assess risks across the economy and stop supply shortages before they happen.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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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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