Positive Purchasing
NOVEMBER 9, 2023
A Wider Horizon You will be familiar with the idea of optimizing what you buy. You may already be challenging what the business is specifying and have questioned the ‘needs’ versus ‘wants’ within each buying decision. Now, with the need to move beyond price and security of supply to sustainable and ethical sourcing, procurement must become a more strategic and proactive function.
Supply Chain Dive
NOVEMBER 9, 2023
In an earnings call, the home appliance company said it reduced parts complexity and used dual sourcing to mitigate supplier-driven disruptions.
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Supply Chain Brain
NOVEMBER 9, 2023
The Port of Colombo has been operating near its capacity since 2021, meaning the new terminal will enable the continued growth of economies located in the Bay of Bengal.
SCMDOJO
NOVEMBER 9, 2023
Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. With effective inventory control templates, you can maintain an accurate record of your products, including their quantities, dimensions, location, and weight. The primary goal of inventory control is to reduce the costs associated with holding stock.
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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.
Supply Chain Dive
NOVEMBER 9, 2023
A research team’s findings, reported in Nature last week, could help support certification programs amid concerns about illicit sourcing from sensitive areas.
Art of Procurement
NOVEMBER 9, 2023
According to the National Retail Federation, 43 percent of people started doing their holiday shopping in October, leading the NRF. The post Is it the most wonderful time of the supply chain year? appeared first on Art of Procurement.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Spend Matters
NOVEMBER 9, 2023
Spend Matters is delighted to announce the 2023 roster for our ‘Future 5’ list. For the fifth year in a row, our analysts have highlighted five start-ups that excite them the most. This year, the five companies that have proven themselves as potential future trend setters are akirolabs, Calculum, dSilo, Mithra and ORO Labs. To warrant such attention, these vendors must have a product that is ideally 2 to 5 years old, is used by more than five customers and displays an innovative appl
Supply Chain Brain
NOVEMBER 9, 2023
Simpson beat out Tori Blake (chief financial officer and co-owner of Western Logistics Express and WLX) and Megan Ferguson (vice president of End-to-End Delivery Acceleration for Walmart) for the award.
SCMR (Supply Chain Management Review)
NOVEMBER 9, 2023
A new report from Accenture finds that the number of companies nearshoring product manufacturing will double in three years time.
Supply Chain Brain
NOVEMBER 9, 2023
The companies said that the feature will accelerate the decarbonization of air freight by allowing customers to purchase certificates that can be applied as direct reductions against Scope 3 emissions.
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.
IBM Supply Chain Blog
NOVEMBER 9, 2023
Smallholder farmers, often owning five hectares of land or less, play a critical role in global food security—with approximately 570 million of them producing up to one-third of the food consumed worldwide. However, they face numerous challenges, including limited access to modern technology and the increasing impacts of climate change. Edge computing is helping to revolutionize agriculture, and the Linux Foundation is at the forefront of this transformation.
Spend Matters
NOVEMBER 9, 2023
The procurement technology market is evolving rapidly and deploying the latest power that innovation can bring to support the changing and challenging needs of its customers. In an ever-crowded space it’s hard for those who rely on these platforms and systems to keep ahead of the latest developments. For that reason, Spend Matters analysts make it their mission to scour the market to find those new solution providers that can fulfil a very specialist role to fulfill the procurement needs of toda
Supply Chain Brain
NOVEMBER 9, 2023
LTL tonnage and shipment count are expected to maintain reduced overall levels through the end of 2023 and into 2024 following the shutdown of Yellow Corp.
SCMR (Supply Chain Management Review)
NOVEMBER 9, 2023
J.B. Hunt and BNSF have launched a new intermodal service to address the service-sensitive highway freight needs of customer supply chains.
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
Supply Chain Brain
NOVEMBER 9, 2023
The Deputy Prime Minister said the country will continue its voluntary cut of 300,000 barrels per day of crude oil and petroleum products until the end of December 2023.
Procurement Insights
NOVEMBER 9, 2023
The Fork In The Road – When we were initially engaged, the client was looking to address the above challenges by implementing a technology solution. But ask yourself this question: how would using technology to improve performance within the procurement department address the above challenges? It wouldn’t – which is why – without understanding internal and external stakeholder (agent) people and processes “leading with technology,” no matter how amazing it is, it will nev
Supply Chain Dive
NOVEMBER 9, 2023
Despite the volume decline, the port said it saw its busiest September ever, outside of the pandemic-related spike.
Supply Chain Brain
NOVEMBER 9, 2023
Setting out on the journey to digitize your supply chain? It’s a long and winding road.
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 Dive
NOVEMBER 9, 2023
The building, slated to open in Q2 of 2024, will carry between 80% to 90% of the e-commerce company's assortment.
IBM Supply Chain Blog
NOVEMBER 9, 2023
Apache Kafka is a high-performance, highly scalable event streaming platform. To unlock Kafka’s full potential, you need to carefully consider the design of your application. It’s all too easy to write Kafka applications that perform poorly or eventually hit a scalability brick wall. Since 2015, IBM has provided the IBM Event Streams service, which is a fully-managed Apache Kafka service running on IBM Cloud® Since then, the service has helped many customers, as well as teams wi
Supply Chain Dive
NOVEMBER 9, 2023
The latest auto parts manufacturing investments bring the Peach State an estimated $2.5 billion.
IBM Supply Chain Blog
NOVEMBER 9, 2023
Fast Healthcare Interoperability Resource (FHIR) is a standard that describes data elements and formats. It includes an application programming interface (API) for exchanging electronic health records (EHRs) and electronic medical records (EMRs). Created by HL7 International, FHIR helps to deliver a view of health history for patients who see multiple providers in different health plans by compiling all information into a single personal health record that integrates data from different formats.
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Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.
Negotiations Ninja
NOVEMBER 9, 2023
Overcoming price objections is an intricate and delicate skill, but it is one of the most crucial skills anyone in a B2B sales needs. Effective negotiation techniques for B2B sales require a certain level of knowledge and finesse to navigate properly.
IBM Supply Chain Blog
NOVEMBER 9, 2023
The GRAMMY Awards® show draws millions of viewers from around the world, eager to witness the live performances, see the outrageous outfits, and partake in a global celebration of the music industry’s highest achievers. It’s a major production. Which is why the Recording Academy®, which hosts the GRAMMYs®, calls it “Music’s Biggest Night® ” But it’s still only one night.
Art of Procurement
NOVEMBER 9, 2023
Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – November 10th, 2023 appeared first on Art of Procurement.
Let's Talk Supply Chain
NOVEMBER 9, 2023
Last week on episode three of our WiseTech Global mini-series, we tackled one of supply chains most difficult, yet most important, topics – risk. One of the many lessons that the pandemic taught us was the importance of ensuring that robust risk management is incorporated into our supply chain strategies. But, in the current landscape of market disruption and digital transformation, do we even know what the risks are?
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.
Art of Procurement
NOVEMBER 9, 2023
In this four-part special series, host Philip Ideson speaks with members of the LavenirAI team about the current and future. The post AI-Empowered Procurement – Part 1: Survival of the Fittest: Entering the Procurement Metaverse appeared first on Art of Procurement.
Barkers Procurement
NOVEMBER 9, 2023
The Procurement Bill 2023, a government bill to reform public procurement, has received Royal Assent, completing the bill’s journey through parliament. The bill, which first entered the House of Lords in May 2022, received Royal Assent on 26 October 2023. Before it can become law, a bill must complete several parliamentary stages in both the House of Commons and the House of Lords.
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