Is Technology Ready To Stem The Tide Of Supply Chain Health And Safety Hazards?
All Things Supply Chain
DECEMBER 11, 2023
The US supply chain underwent huge changes as a result of Covid-19 pandemic and it has never fully recovered.
Mon.Dec 11, 2023
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Maximizing the Advantages of a Purchase Order Approval Process
ProcurePort
DECEMBER 11, 2023
Understanding the Purchase Order Approval Process At its core, a Purchase Order (PO) Approval Process is a structured workflow that organizations follow to authorize and monitor the procurement of goods and services. It typically involves several stages, including the initiation of a purchase request, creation and submission of a purchase order, and final approval from […] The post Maximizing the Advantages of a Purchase Order Approval Process appeared first on ProcurePort Blog.
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Logistics companies race to adapt to shifting supply chains
Supply Chain Dive
DECEMBER 11, 2023
Carriers in ocean, air cargo, rail and trucking are launching new services and tweaking their networks amid evolving global trade flows.
Rethinking Strategy for a Circular World
SCMR (Supply Chain Management Review)
DECEMBER 11, 2023
Companies at the forefront of the circularity shift have begun identifying and investing in the new structures and processes required to replace linear business models. As these new market dynamics develop, industries will be able to go circular at a faster pace.
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.
The advantages and disadvantages of hybrid cloud
IBM Supply Chain Blog
DECEMBER 11, 2023
With the rapid advancements in cloud computing, data management and artificial intelligence (AI) , hybrid cloud plays an integral role in next-generation IT infrastructure. Enterprise-level businesses rely on hybrid cloud solutions to run critical workloads from anywhere by combining and unifying on-premises, private cloud and public cloud environments.
Five Below looks to tech, analytics to optimize inventory
Supply Chain Dive
DECEMBER 11, 2023
As the discount retailer aims to speed up its supply chain and hold back costs, it has also opened a sourcing office in India.
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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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Tradeshift: Vendor Analysis, 2023 Update (Part 2) — P2P solution strengths and weaknesses, tech selection tips
Spend Matters
DECEMBER 11, 2023
Part 2 of this Spend Matters Vendor Analysis 2023 update focuses on the strengths and weaknesses of Tradeshift’s AP Automation solution. We also suggest elements to consider when looking at Tradeshift as a potential solution provider. Part 1 of the series provides a history and overview of Tradeshift´s AP Automation solution, a company-level SWOT analysis and profiles of competitors.
Keys to Designing and Building Automation Projects
Supply Chain Brain
DECEMBER 11, 2023
General contractors must embrace their new role as technology experts to better help clients navigate how and when to best utilize innovations of today.
Tradeshift: Vendor Analysis, 2023 Update (Part 1) — P2P solution overview, market analysis, company SWOT, competitors
Spend Matters
DECEMBER 11, 2023
Founded in 2009 in Copenhagen, Denmark, Tradeshift began with a strong focus on e-invoicing, enabling businesses to streamline their invoicing processes. In 2010, Tradeshift expanded its presence to the United States, opening an office in San Francisco, California. The platform’s innovative approach to digital procurement captured the attention of businesses seeking to enhance their supplier relationships and automate invoicing.
Teamsters, UPS avoid peak season strike in Louisville
Supply Chain Dive
DECEMBER 11, 2023
The parcel giant reinstated dozens of terminated union workers at a package sortation hub after a call with the union Friday.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
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.
Tradeshift: Vendor Analysis, 2023 Update (Part 3) — P2P solution process/module details and analyst summary
Spend Matters
DECEMBER 11, 2023
Part 3 of this Spend Matters Insider Vendor Analysis 2023 update focuses on a deeper examination of Tradeshift’s AP Automation offering, with a detailed look at each of its modules. It concludes with an analyst summary. This content is for members only. Visit the site and log in/register to read. The post Tradeshift: Vendor Analysis, 2023 Update (Part 3) — P2P solution process/module details and analyst summary appeared first on Spend Matters.
5 delivery strategies to enhance customer experience
Supply Chain Dive
DECEMBER 11, 2023
With 70% of customers dropping off at the point-of-purchase, retailers must ace the checkout experience – including delivery – if they want to win and retain customers.
New Year Insights for the procurement solutions and services marketplace 2024: Coupa
Spend Matters
DECEMBER 11, 2023
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.
DOL shifts to a per-violation penalty for certain child labor infractions
Supply Chain Dive
DECEMBER 11, 2023
The change from the previous per-child basis is another enforcement shift in a year where federal regulators cracked down on child labor law violators.
Freight Procurement Simplified: Bids from Hours to Minutes
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
Drayage Business at Technological Crossroads, Software Exec Says
Supply Chain Brain
DECEMBER 11, 2023
People in trucking have been doing the same thing the same way for a long time, so getting them to commit to new technology is a little bit of a challenge.
Amazon cuts referral fees for some apparel sellers
Supply Chain Dive
DECEMBER 11, 2023
The retailer said the changes are meant to improve the speed of delivery and reduce total costs.
Mastering Data Flow in Your Supply Chain
Supply Chain Brain
DECEMBER 11, 2023
It’s not too late to course-correct your data practices, but you have to take that first step sooner rather than later.
IBM App Connect: The sustainability tool you didn’t know you needed
IBM Supply Chain Blog
DECEMBER 11, 2023
Data is one of the key drivers to an effective sustainability agenda. When data flows freely across your enterprise, you can gain transparency into your operations to enable informed and effective sustainability efforts. As the saying goes, information is power. Integrating your key applications can help harness valuable data and foster the high-level communication across business functions necessary to operationalize sustainability in your enterprise.
How To Align Product Management And Supply Chain Operations For Successful Product Launches
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.
BIMCO Adopts ETS Carbon Trading Clauses to Meet EU Requirements
Supply Chain Brain
DECEMBER 11, 2023
BIMCO says its new ETS clauses have been developed for use with any applicable emission scheme, including, but not limited to, the EU ETS.
Random Thoughts On A Monday: Should Suppliers Pay To Do Business With You?
Procurement Insights
DECEMBER 11, 2023
“Introducing supplier fees for vendors who send invoices in a world where computing on unstructured data becomes easier and cheaper will end up being the downfall for certain b2b network companies as their networks (and shareholders) will lose value as vendors opt-out large scale.” “I was always against the business model of charging suppliers in principle and instead wanted to focus on creating value for suppliers and then earning some of that value from them.” – C
Grounded Dark-Fleet Oil Tanker Gets Cargo Removed Near Indonesia
Supply Chain Brain
DECEMBER 11, 2023
A so-called dark fleet of tankers like the Liberty, which already existed before Russia invaded Ukraine, has ballooned since.
379: Use Effective Rate Management To Boost Your Business, with DrayMaster
Let's Talk Supply Chain
DECEMBER 11, 2023
Today I’m joined by DrayMaster , a digital drayage brand designed to increase efficiency, save time, and boost profits for truckers and brokers. Draymaster is the only digital rate management system in the drayage space. DrayMaster’s unique solution facilitates faster cash flow for truckers and more efficiency for brokers, so organizations can spend less time thinking about rates and more time growing their business.
The Ultimate Guide to Transportation and Load Building Optimization
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Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.
The big rewards of microcredentials: How new education options help employees and job seekers quickly advance their careers
Supply Chain Dive
DECEMBER 11, 2023
Shorter, customizable learning courses, or microcredentials, can help ease the labor shortage.
Your 2024 Procurement Career Tune-Up
Una
DECEMBER 11, 2023
Your 2024 Procurement Career Tune-Up As we leap into the shiny unknown of next year, let’s revamp your professional journey and and explore a procurement career tune-up. By Hugo Britt | December 12, 2023 Search Search As we dust off the remnants of 2023 and leap into the shiny unknown of 2024, it’s time to give your procurement career a tune-up.
Can robots help workers meet growing fulfillment demands?
Supply Chain Dive
DECEMBER 11, 2023
How have 3PLs and retailers used autonomous mobile robots to handle peak season e-commerce growth?
Empowering Supply Chain Management Through Digital Transformation
HICX
DECEMBER 11, 2023
The vital role of digital transformation in today’s business environment The development of new technologies and widespread digital adoption has led to digital transformation having emerged as one of the most critical factors in the business landscape. An increasing number of organizations recognize that to remain relevant in increasingly competitive markets, digital adoption is no longer just beneficial, but is instead essential for the long-term viability of the business.
How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software
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.
Leveraging LinkedIn Sales Navigator for Prospecting
Negotiations Ninja
DECEMBER 11, 2023
Donald Kelly started working in B2B sales in college but found more success in B2C. When he decided to transition back to B2B, he said he was “Kicked in the face.” He didn’t know what he was doing. Luckily, the company he was working for put him through some training, which changed everything for him.
Building Trust In Your Supply Chain With Effective Supplier Auditing
Procurement Freelancers
DECEMBER 11, 2023
In the intricate and evolving global business environment, the integrity and dependability of a supply…
Merck Navigates Chip Geopolitics With ‘China For China’ Strategy
Supply Chain Brain
DECEMBER 11, 2023
The German company adopted the “China for China” strategy in 2018 to meet surging demand for its LCD panels there.
Magnus Mondays: Procurement Tech — Suites vs. Specialists Part Five: The Final Factors
CPO Rising
DECEMBER 11, 2023
Over the last couple of weeks, I’ve discussed the question of suites vs. specialists in the procurement technology space.
How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy
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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