Procurement Leaders

JANUARY 8, 2024

Just before the holidays, Jim Ridgwick, director of procurement at Save the Children, led a Procurement Leaders community session to share how he and his team had executed a significant digital transformation at the charity. The results of the transformation were profound: a 50% reduction in the number of days to delivery, as well as much tighter financial controls and supplier visibility in a sector where “because it’s a matter of life and death, speed is of the essence”.

Real-time Visibility 130

Real-time Visibility Procurement Inventory Suppliers 130

Supply Chain Brain

JANUARY 8, 2024

The time for pandemic-era thinking is over. This will be the year of strategic supply chain design — but companies must be shrewd in their technology and vendor selection.

Supply chain 122

Supply chain Supply 122

SCMDOJO

JANUARY 8, 2024

In this fast-changing world, if you are a supply chain professional looking to stay up-to-date with the latest industry trends, podcasts are the best way to do so. Here we have compiled a list of must-listen supply chain podcasts for people who are interested in knowing everything about the industry. These podcasts cover the latest technological updates and advancements with different industry experts sharing their expertise and knowledge.

Supply Chain Efficiency 105

Supply Chain Efficiency Supply chain Supply Supply chain management 105

Supply Chain Dive

JANUARY 8, 2024

The location joins a company hub in Louisville, Kentucky, in closing its day sort on Feb. 16.

Demand 142

Demand 142

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Supply Chain Optimization

SCMR (Supply Chain Management Review)

JANUARY 8, 2024

The bullwhip effect is used by many economists to explain current inventory market dynamics, but it is another term – inventory accelerator – that more accurately reflects what is happening.

Inventory 96

Inventory 96

Supply Chain Dive

JANUARY 8, 2024

The agency said operational disruptions, including the shutdown of a St. Louis processing facility, hurt its performance.

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122

Supply Chain Dive

JANUARY 8, 2024

Text messages disguised as urgent or failed delivery notifications can create tension between impersonated delivery service companies and legitimate customers.

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IBM Supply Chain Blog

JANUARY 8, 2024

The judiciary, like the legal system in general, is considered one of the largest “text processing industries” Language, documents, and texts are the raw material of legal and judicial work. That data plays a crucial role in the judicial system, helping investigators, lawyers and judges fit together the circumstances surrounding a particular case in an effort to see that justice is served.

Quantity 81

Quantity Data Management Raw materials 81

Supply Chain Dive

JANUARY 8, 2024

Labor, materials, cybersecurity and insurance spending will likely continue to increase this year.

Supply chain 132

Supply chain Supply 132

Supply Chain Brain

JANUARY 8, 2024

John Bowermaster’s movie makes a compelling argument for figuring out how to send non-perishable goods by wind and water

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105

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.

Supply chain

Procurement Insights

JANUARY 8, 2024

Jon… here’s a quick write-up for those questions. – Mathew Procurement’s Biggest Strength in 2024 Question #1 – What is procurement’s biggest strength? Procurement’s position. No other function has the view and insights within a company. When done well, the value delivered is unmatched. From saving costs to driving revenue, cultural influence, internal and external presence, the list goes on.

Procurement 78

Procurement Influencing 78

SCMR (Supply Chain Management Review)

JANUARY 8, 2024

The Services PMI, at 50.6 (a reading of 50 or higher signals growth), fell 2.1% compare to November’s 52.7 reading, growing, at a slower rate, for the 12th consecutive month. ISM observed that the services sector and the overall economy have each been growing, at a slower rate, for the 12th consecutive month, through December.

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78

Spend Matters

JANUARY 8, 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.

Procurement solutions 77

Procurement solutions Supply Chain Optimization Procurement Supply Chain Efficiency 77

IBM Supply Chain Blog

JANUARY 8, 2024

In modern enterprises, where operations leave a massive digital footprint, business events allow companies to become more adaptable and able to recognize and respond to opportunities or threats as they occur. They can optimize their supply chains, create delightful, personalized experiences for their customers, proactively identify quality issues or intercept customer churn before it occurs.

Real-time Visibility 73

Real-time Visibility Export Supply Chain Efficiency Sourcing 73

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

Bidding

Supply Chain Brain

JANUARY 8, 2024

Instead of seeing workers move onto factory floors, India appears instead to be de-industrializing.

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114

Supply Chain Dive

JANUARY 8, 2024

Mentorship programs can attract talent, build culture, reduce brain drain and engage older employees, an Express Employment Professionals survey shows.

Management 92

Management 92

Supply Chain Brain

JANUARY 8, 2024

ShippingWatch said the pact would involve shipping companies agreeing to not go to Israel in return for being allowed through safely.

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96

Finale Inventory

JANUARY 8, 2024

Key results after using Finale: 40% decrease in refunded orders 3 hours saved per day on picking and packing 15 hours saved per week processing orders GladGirl is a well-known beauty brand that specializes in professional eyelash and brow beauty products. They have a physical presence in Los Angeles, CA, and Bedford, TX, and an online Shopify store serving professional estheticians and cosmetologists nationwide.

Inventory 59

Inventory Warehouse operations Order Fulfillment Purchasing 59

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.

Supply Chain Optimization

Supply Chain Brain

JANUARY 8, 2024

Scholz defended the farmers’ right to protest, but warned about efforts by far-right groups to hijack demonstrations and destabilize the country.

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IBM Supply Chain Blog

JANUARY 8, 2024

Legacy architectures of monolithic applications are difficult to change, expensive to maintain and may pose business risks. In December 2022, Southwest airlines cancelled more than 13,000 flights due to outdated software systems and IT infrastructure. This meltdown resulted in major losses for the airline company, damaging brand reputation. In contrast, Netflix pioneered the microservices architecture and is a market leader in online streaming, having more than 250 million subscribers across mor

Data 62

Data Collaboration Innovation Risk 62

Supply Chain Dive

JANUARY 8, 2024

The reduction follows a previous wave of layoffs in November.

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IBM Supply Chain Blog

JANUARY 8, 2024

Organizations are increasingly investing in digital transformation as a way to maintain or grow a competitive advantage. Organizations implementing successful business transformations are more likely to grow their existing businesses, eliminate silos, create revenue growth and business models and reinvent how they handle their operations. A tried-and-true way to approach digital transformation is to understand the relationship customers have with the product and the brand, where that relationshi

Strategy 60

Strategy Business strategy Leadership Change management 60

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Supply Chain Optimization

Una

JANUARY 8, 2024

Boosting Business Growth With the Help of a Group Purchasing Organization A playbook for boosting business growth, moving beyond the outdated perceptions of procurement, and turning it into one of your organization’s most important sources of value. DOWNLOAD PLAYBOOK Table of Contents Introduction What Exactly *Is* Value Creation? Understanding Cost vs.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain Purchasing 52

Let's Talk Supply Chain

JANUARY 8, 2024

  In today’s episode of Women In Supply Chain, we’re doing things a little differently. Instead of featuring one woman in supply chain, we’re featuring three – and talking about a topic that affects us all. Money. Or, for women, the lack of money! How many hours have we, as women, put towards ‘free’ work? Maybe it’s saying yes to too many speaking engagements for ‘exposure’?

Supply chain 52

Supply chain Import Collaboration Logistics 52

Supply Chain Brain

JANUARY 8, 2024

Investigators said their findings so far did not suggest a widespread flaw with the Boeing Max 9 aircraft.

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52

CPO Rising

JANUARY 8, 2024

Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2023 articles as we reflect on the year and prepare for the new year ahead. There is no doubt that uncertainty is permeating the four walls of today’s enterprises.

Procurement strategies 52

Procurement strategies Strategy Procurement Chief Procurement Officer 52

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.

Procurement

Jaggaer

JANUARY 8, 2024

JAGGAER's latest news on procurement & sourcing. Read now: Automotive Supplier Continental Opts for Collaboration with JAGGAER.

Collaboration 52

Collaboration Suppliers Sourcing Procurement 52

Procurement Freelancers

JANUARY 8, 2024

Technology has a powerful sway over global resource allocation.

Global sourcing 40

Global sourcing Sourcing Strategy 40