Supply Chain Brain
JANUARY 4, 2024
The combination of low latency, high bandwidth, massive device connectivity, reliability, and other factors makes 5G technology well-suited for various automation and virtual-enabled technologies across industries.
Supply Chain Dive
JANUARY 4, 2024
Here’s a look at how the technology is making waves in supplier management, predictive analytics and more, from Vroozi's Shaz Khan.
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Spend Matters
JANUARY 4, 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.
Supply Chain Dive
JANUARY 4, 2024
Although employee burnout is decreasing slightly, most workers say it’s still negatively affecting their job performance.
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Supply Chain Brain
JANUARY 4, 2024
An estimated 181 vessels that were originally supposed to travel through the Suez Canal have been rerouted around Africa since the Houthi attacks began.
Spend Matters
JANUARY 4, 2024
This Spend Matters Vendor Analysis gives an overview of Opstream’s intake solution. Opstream aims to revolutionize the way companies buy and manage spending through its procurement platform. With a focus on providing full visibility and control over spending before it happens, Opstream offers a self-service, AI-driven system that caters to cross-functional teams and ensures quick implementation.
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 Dive
JANUARY 4, 2024
A group of legislators called on the American Apparel & Footwear Association to commit to long-term sourcing relationships and increased purchasing prices.
Supply Chain Brain
JANUARY 4, 2024
HMM announced that it had developed its Supply Chain Carbon Calculator January 3, allowing cargo owners to better manage the carbon footprints of ships, trains and trucks.
Supply Chain Dive
JANUARY 4, 2024
The automaker said two minor components were preventing some vehicles from qualifying for a $7,500 purchase incentive.
Supply Chain Brain
JANUARY 4, 2024
Some potential targets of the coalition's attacks could include launchers for anti-ship missiles and drones as well as storage facilities for ammunition.
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.
Procurement Insights
JANUARY 4, 2024
Over 40 years, I have seen many reasons for supply disruptions. Undoubtedly, many of these disruptions result from external events beyond our control, like the pandemic or war in Ukraine. But what about the internal disruptions that are in our control? My question is, don’t we have enough disruption to deal with in the outside world? Why must we add to the challenges our procurement and administration teams will face in 2024?
SCMR (Supply Chain Management Review)
JANUARY 4, 2024
The report’s benchmark metric, the PMI, came in at 47.4 (a reading of 50 or higher indicates growth), up 0.7% over November’s 46.7, contracting, at a slower rate, for the 14th consecutive month. The past 14 months of contraction were preceded by a stretch of 28 consecutive months of growth. ISM also said that the overall economy contracted in December, at a slower rate, for the third consecutive month, which was preceded by 30 consecutive months of growth.
Art of Procurement
JANUARY 4, 2024
Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – January 5th, 2024 appeared first on Art of Procurement.
SCMR (Supply Chain Management Review)
JANUARY 4, 2024
The current economic climate has some similarities to the post-Cold War 1990s, and that means a boom could be on the horizon.
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
JANUARY 4, 2024
Cargobot said that it will first launch its operations in Spain before expanding to multiple other countries in the EU.
SCMR (Supply Chain Management Review)
JANUARY 4, 2024
Event featured an impressive lineup of keynote and session speakers who hit on all of the topics that are driving supply chain growth right now.
Supply Chain Brain
JANUARY 4, 2024
Procurement used to be tasked with a clear and basic mission: Sign up the best suppliers at the cheapest price. Not anymore.
SCMR (Supply Chain Management Review)
JANUARY 4, 2024
It will always be prudent to reduce the use of carbon-based energy sources by making your supply chains as energy-efficient as possible.
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.
Pipefy
JANUARY 4, 2024
2023 saw businesses emerge from the lingering impacts of the COVID-19 pandemic to shift their focus to the future: artificial intelligence. According to a recent Pipefy survey of business leaders , 49% of directors agree that generative AI can deliver a competitive advantage for their business, 53% of directors also see generative AI as a path to greater operational efficiency, and 52% are optimistic that AI will help them contain costs.
SCMR (Supply Chain Management Review)
JANUARY 4, 2024
Supply chains need to start adjusting strategies to meet the demands required of older generations whose buying influence will grow in future years.
Pipefy
JANUARY 4, 2024
The order-to-cash and procure-to-pay processes play essential roles in business operations. While each serves a different purpose, process inefficiencies like manual work or disjointed systems can lead to costly delays, lags in communication, and poor customer or supplier relationships. Learn more about the differences between these two processes and how each can benefit from business process automation.
SCMR (Supply Chain Management Review)
JANUARY 4, 2024
Gartner analyst breaks down the current state of supply chain planning and offers insights into what’s coming around the next corner.
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Procurement Foundry
JANUARY 4, 2024
Saving money is not always about pinching pennies: advanced and data-driven insights enable you to identify real cost-saving opportunities, negotiate favorable contracts, and optimize supplier relationships. By leveraging these tricks, you can achieve substantial cost reductions and drive procurement excellence.
SCMR (Supply Chain Management Review)
JANUARY 4, 2024
Leverage strategic procurement to control spend and maximize value creation in deflationary markets.
Supply Chain Dive
JANUARY 4, 2024
The brand is also looking to cut $2 billion in costs through layoffs as well as operational and procurement changes.
SCMR (Supply Chain Management Review)
JANUARY 4, 2024
It will always be prudent to reduce the use of carbon-based energy sources by making your supply chains as energy-efficient as possible.
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.
Supply Chain Brain
JANUARY 4, 2024
$90 million will be used to improve a plant in Colorado Springs, Colorado, while the other $72 million will go towards expanding a factory located in Gresham, Oregon.
Supply Chain Dive
JANUARY 4, 2024
The exemptions spare hundreds of import categories from added duties started under the Trump administration.
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