Tue.Jun 18, 2024

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USPS says consolidator changes won’t hurt service. Stakeholders aren’t sold.

Supply Chain Dive

There could be "devastating" impacts to delivery reliability if the Postal Service isn't prepared, the Association for Postal Commerce said.

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Intake and Orchestration in procurement: How do the solution providers define its role? – ORO Labs

Spend Matters

Spend Matters is focusing on Intake and Orchestration as its main theme of deep research this quarter because we believe it is the fastest-growing procurement tech market segment today. If you’d like to understand more about what intake management and orchestration mean for procurement, read our Guide to Intake and Orchestration here. As part of our research we are conducting analyst-led analysis / thought leadership , solution provider deep-dive analyses , webinars , and interviews with both th

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Trending Sources

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Top Sustainable Practices Every Sourcing Consultant Should Follow

Procurement Freelancers

Today’s global marketplace is fast-paced and ever-changing. Companies are focusing more on sustainability. The eco-friendliness… The post Top Sustainable Practices Every Sourcing Consultant Should Follow first appeared on Procurement Blog | Procurement & Supply Chain News.

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Boeing Senate Hearing: Physical Threats Against Whistleblowers and 'Systemic Disregard' for Safety

Supply Chain Brain

The new whistleblower alleges that Boeing has lost track of hundreds of potentially defective parts, and that those parts have been installed in new planes.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

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.

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MGP Ingredients taps Mars Petcare veteran to lead operations

Supply Chain Dive

David Colyott joins the distilled spirits producer after a rocky few months that included net income drops and the closure of a Kansas distillery.

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State of Logistics Report: More Climate-Driven Shipping Disruptions to Come

Supply Chain Brain

Kearney's annual State of Logistics report estimates that sea level rise and inland flooding could cost the logistics industry billions annually by 2050.

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The Smart Factory @ Montreal: Believers Made Here

Supply Chain Brain

With inflation and interest rates at their highest levels in years, along with challenges in labor availability and reliability, it is anticipated that warehouse automation will play a key role for organizations to remain competitive.

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Sportwear brand On taps warehouse drones

Supply Chain Dive

The retailer has partnered with AI and robotics company Verity to improve fulfillment operations and inventory visibility.

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HICX and DitchCarbon partner to give brands the best data for carbon choices

HICX

LONDON (for immediate release) – HICX, the leading supplier experience platform, and DitchCarbon, the world’s source for carbon emission insight, have partnered to help businesses better meet Scope 3 challenges, by letting them supplement their supplier data with specialist data relating to carbon emissions. This will arm Procurement and Sustainability teams, with the necessary intelligence to make carbon-conscious decisions.

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Meet the Founder: #3 – Andrew Zhyvolovych (Precoro)

Procurement Software

We’re back with the second in our series of blogs where we ask a few thoughtful questions to the Founder of a procurement software company! Every month we do this, our goal is to get to know them personally and also their product a little better. By doing this, we shine a light on some of the lesser-known solutions. These 5-minute insights are perfect to read on a coffee break if you’re keen to grow your knowledge of digital procurement tools.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

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.

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Never Bet On Their Technology: Bet On The People Behind The Technology

Procurement Insights

This week, I started my follow-up sessions with the solution providers I had interviewed the past few weeks. There are more left to do before Friday. While this second session is recorded, it will not be made available for public viewing as it is a reference point for the additional questions I asked; call it a deeper drill down. I also go deeper into another variable that is even more important than the technology—the people behind it.

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Contract Management Best Practices

Una

Contract Management Best Practices for Procurement Pros Learn why its critical for procurement teams to have contract management best practices in place to proactively monitor promised benefits. By Hugo Britt | June 18, 2024 Search Search At what point in the contract lifecycle does procurement’s role end? If your answer is “when the contract is negotiated and signed,” then you might believe that contract management is somebody else’s responsibility.

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The 25 Hottest European Procurement Tech Startups

The Procuretech Podcast

On this episode of The Procurement Software Podcast, host James Meads dives into the world of procurement tech startups. With over 440 solutions in our software directory over at app.procurementsoftware.site, we aim to educate procurement leaders on the vast array of software options available to them. There's so much more out there than just the tired, legacy technology that seems to sponsor all of the conferences.

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Navigating the complexities of global supply chain management

Spotlight on Procurement

Ninian Wilson, Global Supply Chain Director & CEO Vodafone Procurement Co Sarl, discusses the challenges surrounding supply chain management, particularly focusing on geopolitical risks and supply chain resilience.

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Freight Procurement Simplified: Bids from Hours to Minutes

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

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7 Accounts payable tasks to automate

Fraxion

Managing a company’s accounts payable (AP) process can be a tedious job. The work can be repetitive and prone to human error; one mistake can have costly consequences. A report by the Institute of Finance and Management [1] found that 39% of invoices contain errors. Inaccuracies that lead to overpayment are a significant risk in accounts payable, and a common occurrence in finance departments of all sizes.

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NEW WEBINAR: The State of Source-to-Pay Digitization 2024

CPO Rising

Source-to-Pay (S2P) technology has become an essential part of the modern enterprise IT stack, empowering organizations in all aspects of their operations. Just as customers, employees, and financials have their own dedicated technology platforms, we believe suppliers should too.

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Retail Contract Management: Everything You Need To Know

ContractSafe

In the bustling aisles of the retail world, every agreement — from supplier deals to your inventory management SaaS contract — has an impact on your business.