Mon.Aug 19, 2024

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CPO Crunch: Data-sharing is caring

Procurement Leaders

Data has become the lifeblood of business. Much like ice-cold gelato on a summer’s day, leaders just can’t get enough of it. The challenge, as we all well know, is finding the right data, at the right time, and applying it to the right situations to elevate both the quality and impact of decision-making. But as a senior procurement performance manager at one FMCG company shared during a recent Data and Digital Strategy Cohort call, procurement could overcome this challenge by looking to both ext

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The Importance Of High-Quality Metal Components In Supply Chain Reliability

All Things Supply Chain

Picture a grand orchestra where each instrument must perform flawlessly to create a harmonious symphony.

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Trending Sources

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Port of Oakland awarded $3M to enhance data collection

Supply Chain Dive

The funds will support two separate projects meant to improve the port’s ability to distribute information to carriers, shippers and trucking companies.

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True ValueHub: Vendor Analysis — Cost analytics solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of True ValueHub, a costing solution built to enable companies to unlock incremental savings beyond what traditional methods and levers like e-sourcing, aggregation and low-cost country sourcing deliver. True ValueHub is a costing solution for direct materials that takes a very analytical approach to the process of identifying opportunities based on a material’s characteristics and suppliers’ capabilities.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

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.

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Supply Chains in a World of Disruption

Supply Chain Brain

There have been and will always be threats to the supply chain, and companies will always be managing moment-to-moment changes in the economic environment.

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Charting Pitney Bowes Global Ecommerce’s path to bankruptcy

Supply Chain Dive

Court documents detail the unit's profitability struggles and a months-long effort to find a buyer.

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More Trending

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Economic confidence in North America plummets

Supply Chain Dive

Finance professionals have grown more concerned as the pace of expansion cools from its heady 2023.

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Maersk to Invest $2B in Pakistan Ports, Transport

Supply Chain Brain

The investment will contribute to the development of infrastructure, and play a vital role in boosting Pakistan's economy, said Pakistan’s Minister for Maritime Affairs, Qaiser Ahmed Sheikh.

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Top Skills to Look for in Every Purchasing Professional in 2024

Procurement Freelancers

The importance of purchasing professionals in the quick-paced world of supply chain management and procurement… The post Top Skills to Look for in Every Purchasing Professional in 2024 first appeared on Procurement Blog | Procurement & Supply Chain News.

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Albania Probes Toxic Dust Aboard Ships Bound for Southeast Asia

Supply Chain Brain

Albanian officials say they are investigating how 800 tons of alleged hazardous industrial waste was shipped from one of their ports without authorization

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

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.

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Is It Time For Procurement To Speak The Unspeakable?

Procurement Insights

EDITOR’S NOTE: This morning, I read a post by Tom Mills that stopped me in my tracks. I am not sure he will share his post on LinkedIn, although he should. However, I could not help but wonder why someone—Tom, in this case—should apologize for speaking his mind and sharing his true thoughts regarding procurement. I am not saying I agree with everything he has said, but the whole idea of honest and transparent dialogue is neither to seek consensus nor force compliance.

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Walmart Offers U.S. Inbound Shipping to China Sellers

Supply Chain Brain

Walmart Marketplace sellers can now use the retailer’s ocean shipping service to transport China-made goods to the company’s U.S. fulfillment center network.

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Magnus Mondays — The Proliferation of eSourcing

CPO Rising

A couple of months ago I wrote an article on innovation in the eSourcing space. New (relatively at least) solution providers like Globality, Pactum, Arkestro, and Fairmarkit have entered the… The post Magnus Mondays — The Proliferation of eSourcing appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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North America’s Premier Automotive Logistics Platform Returns to Dearborn, Michigan, September 24-26, 2024

Supply Chain Brain

The most anticipated event in automotive logistics, Automotive Logistics & Supply Chain Global 2024, will return to Dearborn, Michigan, from September 24-26, 2024.

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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

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How To Become A Better Negotiator

Shapiro Negotiations Institute

Have you ever felt your palms sweat when asking for a larger budget for your department? Or maybe you’ve walked away from a vendor negotiation feeling like you left money on the table? Perhaps you’ve struggled to close a deal with a promising new client, unsure if you pushed too hard or not hard enough. We’ve all been there in the business world.

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Twin Strikes at U.S. Ports, Canada Railways Would 'Create Chaos in North America'

Supply Chain Brain

Ahead of looming deadlines, it's unclear whether either situation will resolve in time to avert these twin crises, or how long any potential work stoppages might last.

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How To Become A Better Negotiator

Shapiro Negotiations Institute

Have you ever felt your palms sweat when asking for a larger budget for your department? Or maybe you’ve walked away from a vendor negotiation feeling like you left money on the table? Perhaps you’ve struggled to close a deal with a promising new client, unsure if you pushed too hard or not hard enough. We’ve all been there in the business world.

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‘No possibility’ trucking can fill gap of Canada rail disruption

Supply Chain Dive

The British Columbia Trucking Association’s CEO says a shutdown of Canadian railroad networks will lead to a dearth in trucking activity.

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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.

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Canada rail strike, lockouts slated to start Thursday

Supply Chain Dive

The Teamsters delivered a strike notice over the weekend, while Canadian National and Canadian Pacific Kansas City said they would lock out employees.

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