ProcurePort
JANUARY 9, 2024
In business, organizations rely on vendor relationships to shape their success. These relationships are complex and important for operations. Managing these relationships efficiently is no longer a choice but a strategic imperative. As businesses expand their network of suppliers, service providers, and collaborators, the complexity of vendor management grows exponentially.
Supply Chain Brain
JANUARY 9, 2024
GE Vernova will utilize its Pensacola, Florida factory to fulfill the large order, while tower manufacturing operations will come from facilities in Texas, New Mexico and Colorado.
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SCMR (Supply Chain Management Review)
JANUARY 9, 2024
Disruption is the new norm within the supply chain, but with C-suite backing, and the right decisions, supply chain managers can better prepare their organizations for the inevitable.
Supply Chain Dive
JANUARY 9, 2024
Mobileye said its customers hold millions of excess units to hedge against shortages and are now working through the inventory.
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Spend Matters
JANUARY 9, 2024
For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.
SCMR (Supply Chain Management Review)
JANUARY 9, 2024
Adopting a hierarchical supply chain performance measurement framework allows a firm to organize its performance metrics and align them with its supply chain management structure.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Spend Matters
JANUARY 9, 2024
This content does not necessarily express the views or opinions of Spend Matters. There’s been a lot of hype around AI this year. ChatGPT-3 made almost every news headline, lauded as a groundbreaking tool that will change the operations of every industry. In reality, when the dust settled, it wasn’t the perfect solve-all solution people initially thought it was.
Supply Chain Brain
JANUARY 9, 2024
Company president Koji Sato said Toyota is attempting to determine how its supply chain would be affected after suppliers Sumitomo Electric and Aisin suffered damage during the quake.
SCMR (Supply Chain Management Review)
JANUARY 9, 2024
Developing agile, adaptable, and aligned supply chains can help the printing-paper industry weather supply chain turmoil.
Supply Chain Dive
JANUARY 9, 2024
Delivery customers have larger appetites for impulse buys, opening doors for retailers to upsell, experts say.
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.
SCMR (Supply Chain Management Review)
JANUARY 9, 2024
Traditional supply chain engineering is no longer effective. But no single transformation model is universally useful. Instead, there are three pillars that should guide supply chain digitization.
Una
JANUARY 9, 2024
EPISODE 147 Successful Companies Need Strong Communities with Erica McMannes By Kelly Barner | January 10, 2024 Supporting decisions about which suppliers to work with is one of procurement’s most critical responsibilities. But, like so many other business decisions, the ‘Why’ matters, both to the supplier being chosen and to the potential for value creation associated with that partnership.
SCMR (Supply Chain Management Review)
JANUARY 9, 2024
The ability to communicate and diffuse knowledge is critical to supply chain success, yet the utilization of salespeople as a communication conduit within the supply chain is surprisingly undervalued, exposing a critical opportunity.
Supply Chain Dive
JANUARY 9, 2024
From quality issues to missed delivery goals, these aircraft manufacturers navigated stormy skies in 2023.
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
SCMR (Supply Chain Management Review)
JANUARY 9, 2024
Organizations can build on their relationships with key supply chain partners and stakeholders by adopting an open approach based on collaboration and co-creation.
Supply Chain Brain
JANUARY 9, 2024
The British government is promoting big batteries as a means to store cheap renewable electricity at times when the grid is oversupplied.
IBM Supply Chain Blog
JANUARY 9, 2024
The emergence of generative AI prompted several prominent companies to restrict its use because of the mishandling of sensitive internal data. According to CNN, some companies imposed internal bans on generative AI tools while they seek to better understand the technology and many have also blocked the use of internal ChatGPT. Companies still often accept the risk of using internal data when exploring large language models (LLMs) because this contextual data is what enables LLMs to change from g
Supply Chain Dive
JANUARY 9, 2024
The athleisure brand agreed to update its vendor code of conduct and establish a monitoring program as part of a compliance agreement with the agency.
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.
IBM Supply Chain Blog
JANUARY 9, 2024
Picture this: your business is a dynamic player in your industry at the brink of a pivotal juncture. Struggling with the limitations of conventional approaches, you recognize the imperative to embrace IT-as-a-service to stay ahead, with the infusion of AI becoming the catalyst for change. The result? A revolution across revenue operations, customer engagement, employee satisfaction and the seamless flow of product development and delivery.
Supply Chain Dive
JANUARY 9, 2024
Wafers and cells will be produced at the energy company's upcoming factory in Georgia, slated for construction this year.
SCMR (Supply Chain Management Review)
JANUARY 9, 2024
The supply chain could undergo significant change this year as we adapt to the new normal.
Arkestro
JANUARY 9, 2024
Resources / Blog / 4 Key Trends Reshaping Manufacturing Procurement in 2024 4 Key Trends Reshaping Manufacturing Procurement in 2024 The dust is settling after the upheaval of the pandemic, yet the manufacturing industry remains forever changed. According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs.
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Supply Chain Brain
JANUARY 9, 2024
Mark Holmes, senior advisor for supply chain with InterSystems, lays out the challenges that manufacturers face in optimizing their repackaging processes, and proposes some solutions for addressing those hurdles.
Procurement Software
JANUARY 9, 2024
The UK has a hot startup scene, thanks to its entrepreneurial spirit and ease of doing business. British procurement startups are also well-represented within this startup ecosystem. We dive into 10 procuretech startups from the UK who are making waves in this space. The 10 Hottest UK-based Procurement Tech Startups Before we give you the list, we should briefly touch on what we’ve defined as a “Startup” Less than 50 employees, according to data on LinkedIn.
Arkestro
JANUARY 9, 2024
Webinars / Introduction to Arkestro’s Predictive Procurement Orchestration Introduction to Arkestro’s Predictive Procurement Orchestration Derek Mellott Arkestro Solution Consultant Summary: In these overview videos, you’ll learn about the innovative features of Arkestro’s Predictive Procurement Orchestration platform. Using a unique blend of behavioral science, game theory, data science, and automation, Arkestro redefines procurement management, tackling challenges such
Pipefy
JANUARY 9, 2024
The procurement process is a complex series of workflows that spans various systems, departments, and operational business units. Because of this complexity, it can also be prone to errors, risks, and costly inefficiencies. And that’s where smart procurement comes in. Smart procurement is the use of technology to improve efficiency and help build more agile procurement processes.
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 Insights
JANUARY 9, 2024
Question to practitioners: How do you choose a service provider partner? Do you focus on technology or problem-solving ability? Question to providers: Are you lost on the Solution Map? Are you pushing technology features, functions, and benefits or client problem-solving? In this brief video – the first in a series*, I will focus on the following critical points: How to stop chasing solutions and start solving problems How to determine if the rapport “beyond the technology” bui
Pipefy
JANUARY 9, 2024
Have you ever wondered how streamlining just one key process could significantly elevate your company’s performance? In an era where agile operations and maximum cost optimization are essentials for survival, business leaders need to be constantly asking themselves if their departments are understanding and implementing effective business process improvements.
Art of Procurement
JANUARY 9, 2024
Procurement often feels like they are increasingly asked to ‘do more with less,’ and there seems to be no shortage. The post Communicating Procurement’s Value Up the Chain appeared first on Art of Procurement.
Pipefy
JANUARY 9, 2024
Real-time support is an increasingly important aspect of customer service, resulting in the emergence of conversational ticketing as a means to gain a competitive advantage in the marketplace. Both agents and bots can provide this capability for collaboration platforms like Microsoft Teams and Slack. Conversational ticketing is so named for its ability to allow users to open a ticket by simply having a conversation, resulting in a streamlined process for creating, processing, and managing ticket
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
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