SCMR (Supply Chain Management Review)
MARCH 1, 2024
The report’s benchmark metric, the PMI came in at 47.8 (a reading of 50 or higher indicates growth), down 1.3% compared to January’s 49.1 reading, contracting, at a faster rate, for the 16th consecutive month.
Procurement Insights
MARCH 1, 2024
In my fall 2004 analyses of a study on the use of web-based applications, I made the following observation: It is my position that a true centralization of procurement objectives requires a decentralized architecture that is based on the real-world operating attributes of all transactional stakeholders, starting at the local or regional level. In other words, your organization gains control of it’s spend environment by relinquishing centralized functional control in favor of operational efficien
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Supply Chain Dive
MARCH 1, 2024
An expert panel, which included representatives from NASA and labor unions, found the aircraft maker’s implementation of its safety culture confusing and inadequate.
SCMR (Supply Chain Management Review)
MARCH 1, 2024
Procurement processes must now consider ethical sourcing as a key element, and one that can significantly harm the organization if not followed.
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Supply Chain Dive
MARCH 1, 2024
While some metrics like employment and production were down based on the ISM's monthly report, economists remain optimistic about the year ahead.
Procurement Insights
MARCH 1, 2024
The main takeaway from today’s video is: Selling is not about YOU but the OTHER PERSON. In this brief video – the third in a series*, I will focus on the following critical points: A door is always open, even if it is closed Do your homework on what matters to the client Don’t talk about yourself, your company, or your product – ask the client questions about what keeps them up at night Let the client write or create your successful presentation or proposal *NOTE: This is the t
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Art of Procurement
MARCH 1, 2024
Procurement has undergone a significant evolution, embracing responsibilities in margin protection, supply continuity, risk management, sustainability, and innovation. Yet, despite. The post Redefining Procurement’s Value and Shifting Mindsets appeared first on Art of Procurement.
Arkestro
MARCH 1, 2024
Resources / Blog / Gartner® Top 4 Predictions for Procurement in 2024 Gartner® Top 4 Predictions for Procurement in 2024 If the last five years have taught procurement professionals anything, it’s that things can change in an instant. From a global pandemic completely disrupting supply chains to the emergence of artificial intelligence (AI) as a game-changing technology to automate sourcing, the industry is on a fast track to depart from the status quo of procurement in decades past.
CPO Rising
MARCH 1, 2024
Fridays (in 2024) means that it’s time for another CPO Rising Listicle. As AP leaders push deeper into 2024, they should remain focused on achieving their top priorities while also keeping an eye on the future.
Supply Chain Brain
MARCH 1, 2024
In Europe, there were protests and actions in France, Germany and Switzerland. In the U.S., rallies took place in New York City, Houston, San Francisco, Portland and Denver.
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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.
Procurement Freelancers
MARCH 1, 2024
Today’s business world is highly competitive and choosing the right supplier is crucial to staying…
Supply Chain Brain
MARCH 1, 2024
The GXO bid complicates efforts by Ceva’s parent, container line CMA CGM, to expand its logistics reach.
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