Art of Procurement
OCTOBER 3, 2024
We know supply chains are complex, but to truly understand how complex they are, and how they reached this point, The post Supply Chains as Business in Action appeared first on Art of Procurement.
Supply Chain Dive
OCTOBER 3, 2024
The agreement, which extends the parties’ master agreement, comes three days after a strike commenced at East and Gulf Coast ports.
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Supply Chain Brain
OCTOBER 3, 2024
El ectrifying heavy trucks seems like an obvious step to take. But even with incentives, the current state of technology isn’t ready for deployment at large scale.
Supply Chain Dive
OCTOBER 3, 2024
Todd Huetinck previously led the purchasing and distribution departments for CKE Restaurants, the parent company of Carl’s Jr. and Hardee’s.
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 Brain
OCTOBER 3, 2024
A strike at U.S. East and Gulf Coast ports enters its third day, with talks between the ILA and USMX remaining fraught.
Supply Chain Dive
OCTOBER 3, 2024
The spice and seasonings giant says it worked on mitigation plans with domestic suppliers ahead of the work stoppage.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Procurement Insights
OCTOBER 3, 2024
EDITOR’S NOTE: Here are excerpts from an energized discussion stream on LinkedIn originating with a comment by Dr. Thierry Fausten. You can still join the ongoing discussion through the following link. Jon W. Hansen, I think there are so many factors for a project failure, and leadership can be one. Missing product fit is another and probably more prevalent issue.
Supply Chain Brain
OCTOBER 3, 2024
Automation promises to bring huge rewards to the modern-day warehouse. But doing it right is no simple task.
Arkestro
OCTOBER 3, 2024
Press Releases / Spend Matters Lists Arkestro as Top Sourcing Tech Solution in the Fall 2024 SolutionMap Insider Release Spend Matters Lists Arkestro as Top Sourcing Tech Solution in the Fall 2024 SolutionMap Insider Release Arkestro Predictive Procurement Orchestration AI platform is one of 93 procurement technology vendors recognized. SAN FRANCISCO, CA, October 3, 2024 – Arkestro , the leader in Predictive Procurement Orchestration (PPO), was listed as a Top Sourcing Tech vendor in Spend Matte
Procurement Insights
OCTOBER 3, 2024
“ A significant number of Chief Procurement Officers (CPOs) report feeling overwhelmed by the increasing complexity and demands of their roles. Surveys from organizations like Deloitte and The Hackett Group show that more than 50% of CPOs express feelings of stress or being overwhelmed due to challenges such as Digital Transformation, Supply Chain Disruptions, Cost Management, and Savings Targets, and Talent Management.” (Source: ChatGPT) The reality is that too many top executives o
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.
Arkestro
OCTOBER 3, 2024
Press Releases / Spend Matters Lists Arkestro as Top Sourcing Tech Solution in the Fall 2024 SolutionMap Insider Release Spend Matters Lists Arkestro as Top Sourcing Tech Solution in the Fall 2024 SolutionMap Insider Release Arkestro Predictive Procurement Orchestration AI platform is one of 93 procurement technology vendors recognized. SAN FRANCISCO, CA, October 3, 2024 – Arkestro , the leader in Predictive Procurement Orchestration (PPO), was listed as a Top Sourcing Tech vendor in Spend Matte
CPO Rising
OCTOBER 3, 2024
Join Ardent Partners and Medius on October 8th (2 PM ET) for a discussion on The 2024 State of ePayables: Money Never Sleeps. Are you struggling to keep up with the… The post NEW WEBINAR: The 2024 State of ePayables: Money Never Sleeps appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
SCMDOJO
OCTOBER 3, 2024
In this highly competitive job market, more is needed for students to learn the supply chain theory simply. Due to the quick movement and fast reaction of global logistics, the new generation entering the supply chain industry must learn and master some vital technical and soft skills. Supply chain management begins with products being distributed to raw materials and manufacturing and ends with the finished products moving to customers.
Arkestro
OCTOBER 3, 2024
Resources / Blog / A Masterclass on Automotive Procurement: Trends, Tips, and Tactics to Get Ahead A Masterclass on Automotive Procurement: Trends, Tips, and Tactics to Get Ahead Automotive procurement is rapidly changing. From an increasing regulatory landscape to new automotive innovations, it’s never been more important for procurement professionals to find new ways to reduce costs, eliminate inefficiencies, and stay updated on the latest industry trends.
Speaker: Paul Heller
Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro
Jaggaer
OCTOBER 3, 2024
A Response (Part 1) The annual CPO Agenda from the Hackett Group always makes fascinating reading, as it reveals the changing priorities of the world’s procurement leaders. This year it reports that the top three priorities remain the same as in 2023, but the order has changed. Cost reduction is back in the top spot, as it was in 2021. Ensuring supply continuity moves down a place and combating inflationary pressures is at number three.
Supply Chain Dive
OCTOBER 3, 2024
Industry experts warn the strike could uproot long-term stability for commodity markets.
Supply Chain Brain
OCTOBER 3, 2024
The proposed levies range between 7.8% on imported Teslas made in China to as much as 45% for some Chinese automakers.
Spend Matters
OCTOBER 3, 2024
The appetite for third-party risk management (TPRM) within procurement and the supply chain is keener than ever before — risks are more numerous and complex in what is an increasingly fast-paced and global business environment. (Read our analysis: Risk is complex — The different types and sources of risk.) From chip shortages to geopolitical tensions and pandemics to canal blockages, recent years have highlighted the ever-present vulnerability of global supply chains.
Advertiser: GEP
AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.
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