Tackling Child Labor in Global Supply Chains
All Things Supply Chain
OCTOBER 14, 2024
Imagine walking into your local supermarket and picking up a bar of chocolate or a new smartphone without a second thought.
Mon.Oct 14, 2024
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CPO Crunch: Keep calm and carry on
Procurement Leaders
OCTOBER 14, 2024
There are so many powerful and disruptive forces in play globally in the modern era that the volume of alerts, red flags and supply chain issues can soon become dizzying. CPOs are in the eye of the storm, managing disruption after disruption – from extreme weather to port strikes to out-and-out war. And these past two weeks have had all of these and more.
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Plans Are Nothing, Planning Is Everything — Are You Prepared to Compete in Any Environment?
Supply Chain Brain
OCTOBER 14, 2024
The COVID-19 years showed us that the worldwide supply chain was unprepared for the global disruption that defined 2020 and beyond. Recovery was a challenge for most, as they scrambled to address old problems alongside a host of new ones.
4 reasons why all companies need real-time inventory visibility
Supply Chain Dive
OCTOBER 14, 2024
Real-time inventory visibility is no longer a luxury. It’s a necessity.
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.
Five Things You Need to Consider Before Pinning Your Industrial Space to the Ground
Supply Chain Brain
OCTOBER 14, 2024
After a period of overcapacity, demand for industrial space, including warehouses and manufacturing facilities, is growing, and lease rates are rising as a result. Companies therefore need to be more careful than ever as they weigh a variety of factors when considering distribution network design and investment.
Wesco taps Relex to upgrade supply chain operations
Supply Chain Dive
OCTOBER 14, 2024
The Midwest convenience store chain plans to integrate the automation technology across 55 of its stores.
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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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Why Do We Have to Bother With Transactional Costs?
The Good Spending
OCTOBER 14, 2024
The true cost of a Purchase Order In today's business environment, transactional efficiency in procurement processes is crucial in maintaining smooth operations and optimizing costs. One of the most common aspects of procurement is processing purchase orders (POs). Whether running a small business or a large enterprise, understanding the cost per PO is essential for identifying inefficiencies and improving the transactional cost.
Boeing to Cut Workforce by 10% as Strike Eats Into Reserves
Supply Chain Brain
OCTOBER 14, 2024
Boeing has already initiated a range of cost-cutting plans as it grapples with dwindling reserves and low output.
FDA outlines new Drug Supply Chain Security Act exemptions
Supply Chain Dive
OCTOBER 14, 2024
Several groups have been granted additional time to comply with the more than 10-year-old legislation.
Turkey Turns to World Bank to Finance $4B Railway Project
Supply Chain Brain
OCTOBER 14, 2024
The railway would cross the Yavuz Sultan Selim suspension bridge, one of the longest and widest of its kind in the world.
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.
Real-Life Lessons from Kongsberg Maritime and Boston Beer: Tackling Category Complexity
Jaggaer
OCTOBER 14, 2024
Does today’s rise in category complexity increase the delays, complications, and headaches in your procurement operations? Complexity has become a significant concern in the world of procurement. Yet instead of eroding profits and monopolizing your time, complexity in the categories can be addressed effectively when you have the right strategies in place.
Buying and Selling Through Rebate Programs? Here’s How to Evaluate Them
Supply Chain Brain
OCTOBER 14, 2024
Without detailed tracking, you won’t know how well they work and what might need to change.
How to Find U.S.-Based Suppliers
The Thomas Blog
OCTOBER 14, 2024
American manufacturers have increasingly been looking to optimize their production and sourcing processes by bringing them closer to home. These reshoring efforts involve moving production or shifting sourcing from overseas back to the U.S., which can reduce shipping costs, shorten lead times, improve sustainability and help companies avoid supply chain issues brought on by geopolitical uncertainties and sheer distance.
DPW 2024 Wrap-up
Positive Purchasing
OCTOBER 14, 2024
The Positive Purchasing Team is Back from DPW - What an Experience! Fresh from the bustling halls of Beurs van Berlage in Amsterdam, the Positive Purchasing team has returned with insights, stories, and a renewed sense of purpose in procurement after attending this year’s DPW Amsterdam event. The overarching theme? ’10X’ which emphasizes the need for organizations to think and act ten times bigger than their current capacity.
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
Building The Bridge Between The Build Versus Buy Debate
Procurement Insights
OCTOBER 14, 2024
“ Joël Collin-Demers this is what I have exactly done over the last decade in both the public and private sectors. Unfortunately, the companies get ahead of themselves and market what is in progress and market themselves trying to gain clients!” – Jenti Vantertuig’s response to the following comment from Joël Collin-Demers. EDITOR’S NOTE: Given our professional agree-to-disagree discussion over the weekend, it may surprise some that, in this instance, I agree with J
Magnus Mondays — Conferences, Innovations, and Sore Feet
CPO Rising
OCTOBER 14, 2024
This time of the year is always full of conferences and last week was certainly a whirlwind! Early Tuesday morning I flew down to Amsterdam for Keelvar Konnect and on… The post Magnus Mondays — Conferences, Innovations, and Sore Feet appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Fraxion recognized as a Market Leader in Procurement Software by FeaturedCustomers
Fraxion
OCTOBER 14, 2024
We're thrilled to share that Fraxion was recognized as a Market Leader in the Procurement Software category of the FeaturedCustomers Fall 2024 Customer Success Report. This achievement highlights our customers' positive experiences and the commitment of our team in delivering top-tier procurement solutions.
Delivery Driver Retention Will Make or Break the Holiday Season
Supply Chain Brain
OCTOBER 14, 2024
Driver turnover is worse than ever. Notwithstanding the state of the market, it’s critical to retain drivers heading into the holiday season.
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.
Procurement Magazine: How Arkestro is Shaping the Future of Sourcing
Arkestro
OCTOBER 14, 2024
Arkestro's Predictive Procurement Orchestration received two awards from the Sourcing Industry Group, which honours those shaping the future of sourcing
Zapro.ai: Vendor Analysis — Source-to-pay solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
OCTOBER 14, 2024
This Spend Matters Vendor Analysis provides an overview of Zapro.ai and its solution for Sourcing, Contracts, Procurement, AP Automation, Vendor Onboarding, Budgets, Reporting & Analytics and Vendor Risk Management. Companies seeking support in areas across the source-to-pay (S2P) process can struggle with managing multiple tools. Zapro.ai aims to provide a unified approach to managing the entire procurement cycle and eliminate fragmented systems.
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