Fri.Jul 12, 2024

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Procurement 6 – July 12th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – July 12th, 2024 appeared first on Art of Procurement.

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FMC halts Maersk, Hapag-Lloyd agreement

Supply Chain Dive

The Gemini Cooperation was set to go into effect on July 15, but the agency determined the agreement lacks details on its potential competitive impacts.

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Procurement Cost Modeling: Why the “Frost(y)” reception

Procurement Insights

Simon Frost • 1st Procurement Expert: Supply Security | Advanced Cost Modelling | Sustainable Sourcing | Category Management | Training & Coaching | Global Adventures Yesterday, I co-hosted a webinar with Expana on Cost Modelling. The webinar went extremely well: 240 attendees! + great feedback – But a concerning insight surfaced… We ran several poll questions, the first being: “The cost model training that my business offers is…” And the answers were: 5/5 – excellent = 1% 4/5 – above

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Newly-appointed UPS CFO faces shipping, cost quandary

Supply Chain Dive

Brian Dykes faces the tough challenge of boosting shipping volumes without subsequently increasing costs, West Monroe’s Jeremy Tancredi said.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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The State of Decision Centricity in IBP

Supply Chain Trend

Recently, I published below Decision-Centric S&OP infographic in collaboration with Marcia Williams. We had a lot of positive responses. A focus on decision making is not new. In the end, S&OP was created as an executive decision making forum. But I think we certainly can get more value out of understanding and framing our decisions better, orchestrating the decision making process, minimising bias, capturing decisions & learning from them.

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True Value says FLOW provides a ‘forward-looking lens’

Supply Chain Dive

Data from the Freight Logistics Optimization Works platform can provide visibility in cargo shifts at some ports, said Jennifer McNeill, SVP of supply chain operations for the hardware retailer.