ProcurePort

NOVEMBER 30, 2023

The procure-to-pay process is a comprehensive journey involving steps from identifying a need for goods or services through payment to suppliers, emphasizing the importance of efficient communication, transparency, and strategic supplier relationships. Successful implementation of the procure-to-pay process requires meticulous attention to each stage, from request and purchase requisition to supplier evaluation, purchase order creation, […] The post What are the steps in the procure to pay

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Purchase orders Procurement Purchasing Suppliers 130

Supply Chain Brain

NOVEMBER 30, 2023

Fortunately, corporate renewable energy and sustainability efforts are incentivized by local, state, and federal tax incentives that help offset the cost of adoption.

Sustainability 121

Sustainability Supply chain Supply 121

Supply Chain Dive

NOVEMBER 30, 2023

While prices are picking up, freight forwarders still don’t expect major improvement in the market until the second half of 2024, according to Clive Data Services.

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Price Data 112

IBM Supply Chain Blog

NOVEMBER 30, 2023

Ever since the pandemic changed the corporate world, organizations have rededicated themselves to excelling at employee experience strategy. A successful employee experience strategy (EX strategy) is the best way to recruit and retain top talent , as employees increasingly make decisions on where to work based on how they respond to employee needs. Organizations can prioritize overall employee experience by being thoughtful about how to serve their workers during all stages of the employee journ

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Strategy Influencing Management Import 96

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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 Optimization

Supply Chain Dive

NOVEMBER 30, 2023

The company listed roughly 1.5 million square feet for sublease in October, the most in over a year, according to CoStar.

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Supply Chain Brain

NOVEMBER 30, 2023

This has been a challenging year for the multi-trillion-dollar information communications technology industry. Now, however, it looks like the downturn is behind us, and growth is predicted in the near term.

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Supply Chain Brain

NOVEMBER 30, 2023

IVA offers supplier research capabilities, market insights, legal assistance, RFP assistance and improvement plans that summarize supplier actions and suggest appropriate responses.

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Suppliers 103

IBM Supply Chain Blog

NOVEMBER 30, 2023

There’s a lot of talk about how organizations can and should reduce their negative impact on the environment. While staying focused on mitigating our current and future contributions to climate change is crucial, we cannot ignore the dire impacts of existing climate hazards. Risks from wildfires, floods, heat, drought and wind have always been a concern, but climate change has intensified these risks, making them more frequent and unpredictable for organizations.

Strategy 85

Strategy Raw materials Supply Chain Efficiency Sustainability 85

Supply Chain Brain

NOVEMBER 30, 2023

How did the COVID-19 pandemic affect shippers' decisions as to whether to pursue contract or spot rates in the truckload market? And what's the trend today?

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Contract 98

Supply Chain Dive

NOVEMBER 30, 2023

Despite the annual drop, the port saw both monthly gains and improved volumes from a pre-pandemic comparison.

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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.

Supply chain

Supply Chain Brain

NOVEMBER 30, 2023

Supply chain and logistics businesses need to achieve significant gains in efficiency and service these days in order to satisfy heightened customer expectations. Since these businesses operate on slim margins, they must accomplish these goals cost effectively.

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Supply Chain Efficiency Supply chain Supply Logistics 102

SCMR (Supply Chain Management Review)

NOVEMBER 30, 2023

Don't let disruption derail your supply chain. Get ahead with risk mitigation strategies from our Special Digital Issue. Download now.

Risk management 91

Risk management Risk Management Supply chain 91

Supply Chain Brain

NOVEMBER 30, 2023

The executive chair of Jack Cooper Transport, Sarah Riggs Amico, is leading a bid that would replace Yellow with a smaller trucking company.

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Bidding 98

The Network Effect

NOVEMBER 30, 2023

The post How to Boost Efficiency and Streamline Land Transport in the Logistics Industry appeared first on The Network Effect.

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Supply Chain Efficiency Logistics Networking Supply chain management 92

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

Bidding

Supply Chain Brain

NOVEMBER 30, 2023

Managing inventory is tougher than ever. For all of these challenges, legacy automation systems with inflexible footprints are no longer adequate. But help is at hand. A new generation of robots is providing the flexibility, speed and accuracy that today’s marketplace demands.

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Supply chain Inventory Demand Supply 97

IBM Supply Chain Blog

NOVEMBER 30, 2023

Monitoring database performance can be a daunting task, especially in complex environments with a combination of both self-hosted and cloud-based databases. Thanks to the innovative partnership between DBmarlin and IBM® Instana™, businesses can now achieve granular insights into database performance like never before. The business challenge Businesses face several challenges when it comes to database performance monitoring: Understanding and optimizing database performance to ensure t

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Innovation Collaboration Data 73

Supply Chain Brain

NOVEMBER 30, 2023

"The Ultimate Guide for Omnichannel Fulfillment Success" is a comprehensive guide outlining the importance of embracing the complexities of modern supply chains to provide seamless shopping experiences while maintaining cost controls.

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Supply chain Import Supply 97

Art of Procurement

NOVEMBER 30, 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 – December 1st, 2023 appeared first on Art of Procurement.

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Procurement 64

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 Optimization

Supply Chain Brain

NOVEMBER 30, 2023

Bed Bath & Beyond wants MSC to pay roughly $150 million for damages as well as an equal sum for what the company described as exploitative and coercive behavior.

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IBM Supply Chain Blog

NOVEMBER 30, 2023

Cybersecurity is everyone’s business—as it should be, given the staggering surge in cyberattacks. Today, these attacks exhibit an unprecedented level of frequency, ingenuity and speed. The cyberthreat landscape is evolving and countries such as India are facing an alarming rate of increase in cyberattacks ( Q2 of 2023 saw a 90% increase ).

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Strategy Data Risk Sourcing 65

Supply Chain Brain

NOVEMBER 30, 2023

Evidencity said that the MS tool is the first modern slavery research-on-demand, pay-as-you-go product available on the market.

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Demand 98

IBM Supply Chain Blog

NOVEMBER 30, 2023

Arvind Krishna recently spoke with former IBMer and author Danny Sabbah about a new book he co-authored, The Heart of Innovation: A Field Guide for Navigating to Authentic Demand. In their conversation, Arvind and Danny discussed the secret to determining authentic demand and building innovative products that achieve runaway success. Here are five facts about innovation, taken from the book and their conversation, that may surprise you: While major technology breakthroughs dominate our perceptio

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Innovation Demand 64

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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.

Supply Chain Optimization

Supply Chain Brain

NOVEMBER 30, 2023

Ford and GM were forced to cut their full-year profit forecasts due to lost production from the six weeks of strikes at the companies’ U.S. plants.

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Procurement Freelancers

NOVEMBER 30, 2023

In today’s hyper-competitive business arena, pursuing efficient and cost-effective product sourcing is a linchpin for…

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Sourcing Procurement 73

Supply Chain Brain

NOVEMBER 30, 2023

Members of the group agreed to make 1 million barrels a day of additional oil-supply cuts at a November 30 meeting, delegates said.

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Supply 93

IBM Supply Chain Blog

NOVEMBER 30, 2023

The success of any organization relies on its ability to attract, retain and develop top talent. Talent acquisition refers to the ongoing strategy and process an organization and its HR department uses to source, attract, evaluate, hire and retain the highly-qualified new employees it needs to grow. A well-crafted talent acquisition strategy has become a critical component for organizations seeking to secure a competitive edge.

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Strategy Sourcing Leadership Networking 61

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.

Procurement

Procurement Insights

NOVEMBER 30, 2023

EDITOR’S NOTE: Here is one comment I received regarding yesterday’s supplier diversity post and my subsequent response. Reader Comment: Jon W. Hansen , in my opinion, it’s one of those where all parties have an accountability to act. Consumers and Shareholders require/pressure/demand higher diversity; Procurement has the organizational power to enable and convert purchases into social opportunities.

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Suppliers Collaboration Influencing Demand 60

Let's Talk Supply Chain

NOVEMBER 30, 2023

Women in supply chain are gaining momentum in narrowing the gender gap. They now make up 41% of the supply chain workforce, an almost 40% increase from the year prior. Post-pandemic dynamics and more awareness of supply chains are empowering progress in what was once an overwhelmingly male-dominated industry. According to Gartner , that trend is only increasing.

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Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 52

Procurement Insights

NOVEMBER 30, 2023

“The lithium-ion battery, one of the primary components of an electric vehicle, requires various minerals, including cobalt. However, mining these minerals comes at an ethical, moral, and environmental cost.” Iain Campbell McKenna , Silent Victims: The Moral Cost of Electric Cars (April 12th, 2023) [link] “The stream of used cars heading to West African ports is only expected to increase with the West’s shift to electric vehicles.

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Ethics Supply chain Sourcing Supply 52

Procurement Talk with David Byrne

NOVEMBER 30, 2023

Listen on Apple Podcasts Listen on Spotify Listen on Google Podcasts Listen on Amazon Episode show notes “Everyone should be learning right through their career. It’s actually the power of saying very little, and listening.” Soft skills are an undoubtedly vital part of any procurement professional’s skillset, but it’s such a vague term … Continued The post The Evolution of Soft Skills & How to Flip the Narrative: Part 1 with Head of Procurement & Properties at Bibby Financi

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Procurement Chief Procurement Officer Collaboration Networking 52

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

Innovation