All Things Supply Chain
SEPTEMBER 16, 2024
Since the Covid-19 pandemic, supply chains have faced geopolitical tensions, environmental challenges and significant disruptions, like the bridge accident in Baltimore.
Procurement Leaders
SEPTEMBER 16, 2024
Savings can be a dirty word in the complex, angst-ridden world of procurement. Ask your average CPO to talk about the issue and the chances are the conversation will quickly become derailed. Two reasons. First, many CPOs view savings as fundamental, but no longer strategically critical to their strategies. In many conversations I’ve had over the years, savings have been explained away as housekeeping, the basics, an enabler to procurement being trusted enough to drive more ambitious projects and
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Spend Matters
SEPTEMBER 16, 2024
This Spend Matters Vendor Analysis provides an overview of TechnoMile and its contract lifecycle management (CLM) solution for government contractors. TechnoMile exists to give government contractors a better alternative to traditional CLM products. While these tools are often focused on the contract creation process for B2B transactions, B2G (business-to-government) contracts are written on federal paper and require more specific management.
Supply Chain Dive
SEPTEMBER 16, 2024
Marine terminal operators are willing to extend gate hours if needed, CEO Mario Cordero said in a press conference.
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SCMDOJO
SEPTEMBER 16, 2024
When determining the selling price of their goods or services, businesses may use a variety of pricing models and algorithms. One approach is dynamic pricing, in which an item’s price is continuously adjusted according to certain criteria. Developing an efficient pricing plan might be aided by familiarizing yourself with a dynamic pricing model.
Supply Chain Brain
SEPTEMBER 16, 2024
Biden's proposal would make it so de minimis exemptions no longer cover any imports subject to current tariffs on a variety of low-value Chinese goods.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Brain
SEPTEMBER 16, 2024
George said he plans to draw on his experience with factory floor productivity and quality control strategies to improve Norfolk Southern’s operations.
Supply Chain Dive
SEPTEMBER 16, 2024
Hiring intentions fell to the lowest year-to-date total since data tracking began in 2005, Challenger, Gray & Christmas said.
Supply Chain Brain
SEPTEMBER 16, 2024
The planemaker will also stop issuing “a majority” of its supplier purchase orders for the 737, 767 and 777 jetliner programs affected by the walkout.
Supply Chain Dive
SEPTEMBER 16, 2024
The e-commerce giant is closing facilities in Irvine and West Sacramento, impacting more than 300 employees.
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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 Brain
SEPTEMBER 16, 2024
The attack on August 24 took down the port's systems for its maritime operations and Seattle-Tacoma International Airport.
Supply Chain Dive
SEPTEMBER 16, 2024
The logistics company plans to deploy freighters and expand its ground handling network to meet growing e-commerce demand.
Supply Chain Brain
SEPTEMBER 16, 2024
The Strait of Malacca stands as a critical, yet increasingly vulnerable, artery of global commerce.
Supply Chain Dive
SEPTEMBER 16, 2024
The mattress maker sought an increase in gross margin by diversifying its sourcing and simplifying its delivery operations.
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
Supply Chain Brain
SEPTEMBER 16, 2024
EDI stands at the vanguard of digital supply chain evolution.
Supply Chain Dive
SEPTEMBER 16, 2024
Prepare for the next black swan event with strategic risk management—because the unexpected is inevitable.
Supply Chain Brain
SEPTEMBER 16, 2024
A case study about how Reveel helped Creativity Inc. realize savings in its parcel-shipping program.
Procurement Freelancers
SEPTEMBER 16, 2024
Companies have to deal with difficult supply chains in this globalized economy. Long lead times,… The post Why Nearshoring and Reshoring Are Gaining Popularity first appeared on Procurement Blog | Procurement & Supply Chain News.
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.
Barkers Procurement
SEPTEMBER 16, 2024
Rossum, a leader in intelligent document processing , announced a partnership with Barkers, a leading consultancy specializing in digital transformation and procurement advisory. This partnership will offer organizations a unique opportunity to optimize their use of Coupa and streamline their procurement processes. By identifying areas for improvement and optimization, Barkers can help organizations unlock the full potential of their Coupa investment, while leveraging Rossum’s intelligent
HICX
SEPTEMBER 16, 2024
Voice of the Supplier Survey 2024 Building strong supplier relationships is more crucial than ever in today’s competitive business environment. However, our 2024 Voice of the Supplier Survey uncovered some critical insights that revealed that, rather than being set up for success, suppliers often feel too stretched to innovate, as they explain what they feel would make for better communication and more effective processes.
Procurement Insights
SEPTEMBER 16, 2024
I am not going to name names out of respect for confidentiality. However, I will share one of the many recent exchanges I have had with solution providers—big and small—who have reached out to me to assess their solution development tracks. Solution Provider: As per our exchanges, happy to have a demo of our AI solution as discussed. I would, however, prefer that this is not being recorded – most players out there have no real use cases, and there is a lot of hype.
HICX
SEPTEMBER 16, 2024
According to the Logistics Bureau , strategically reducing supply chain costs can substantially boost net profits, while the scope for potential reductions remains wide open. This underlines the importance of taking a structured approach to savings within organizations’ supply chains, in which a customized SIM platform can act as a catalyst for uncovering hidden savings and driving operational excellence.
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CPO Rising
SEPTEMBER 16, 2024
Three weeks ago, I started a series on the components of supplier management solutions. So far we’ve covered the platform capabilities (i.e., functionalities used across the other components/modules) and Supplier… The post Magnus Mondays — The Supplier Management Tech Series — Part 3: Supplier Performance Management appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Let's Talk Supply Chain
SEPTEMBER 16, 2024
Today I’m joined by Digital Container Shipping Association , otherwise known as DCSA. DCSA is a non-profit organization driving standardization and digital innovation in the container shipping sector. Founded by major ocean carriers, DCSA drives initiatives to make container transportation services transparent, reliable, easy to use, secure, and environmentally friendly.
Procurement Insights
SEPTEMBER 16, 2024
In episode 19 of their podcast DUALSOURCE DISCOURSE , the dynamic duo of the virtual airwaves, Sarah Scudder and Dr. Elouise Epstein discussed “salespeople.” Click on the link above to access the original post and the segment. In the meantime, here is the comment I left on the segment’s LinkedIn discussion screen: Regarding salespeople, here is an excerpt from a recent post: Providers are selling to hit numbers versus engaging prospective clients to solve “real” problems.
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