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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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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Ivalua NOW Dispatch #2: Strategic Roadmap (Source-to-Contract)

CPO Rising

The Ardent Partners analyst team recently attended the 2024 Ivalua NOW: Procurement Re-Imaged conference in Miami. This event came on the heels of the company’s slightly larger EMEA conference held in Versailles, France (our own Magnus Bergfors, VP of research, wrote about his attendance at the event).

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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.