Tue.Jan 23, 2024

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CPO Crunch: Hydrogen making its mark

Procurement Leaders

The concept of ‘energy transition’ fascinates me. It’s a simple phrase; one that rolls off the tongue and suggests a satisfyingly straightforward process – stop using one form of energy, start using another. Simple, clean, impactful. The reality, of course, is very different. Energy transition will be spectacularly difficult, messy and eye-wateringly expensive to achieve.

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Strategic M&A with Tech Startups is the Path to Supply Chain Resiliency In 2024

Supply Chain Brain

Retailers and logistics companies run tight margins, and developing AI or AR systems in-house, from the ground up, is prohibitively expensive.

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UPS reinstates money-back guarantee for 2nd Day Air A.M. service

Supply Chain Dive

The suspension was put in place when the COVID-19 pandemic took hold and an influx of deliveries challenged the company's network.

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Octopus Energy Lines Up to Become German Offshore Wind Developer

Supply Chain Brain

The U.K.’s second-largest household energy provider aims to bid in the country’s wind auctions in the “next year or two,” said chief executive officer Greg Jackson.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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Amazon promotes transportation exec to lead logistics network

Supply Chain Dive

Udit Madan has been named VP of worldwide operations at the e-commerce giant, succeeding John Felton.

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Iveco Group, BASF Team Up for European Battery Recycling Process

Supply Chain Brain

BASF will arrange the recycling process for lithium-ion batteries produced by the group on its vans, buses and trucks, including the collection, packaging, transporting and recycling processes in European countries.

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More Trending

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Abuse of Consumer Returns Policies Rife, Report Finds

Supply Chain Brain

Among those who admitted to committing returns policy abuse, fraud, or other unfavorable return behaviors, between 20% and 30% said they engaged in this behavior at least once a week.

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GXO to cease operations at Georgia facility

Supply Chain Dive

The closure, which will impact 69 employees, was filed days before another WARN letter notifying layoffs in Tennessee.

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Michigan Pilots Roadway that Charges EVs as They Drive

Supply Chain Brain

The quarter-mile segment of 14th Street will be used to test and perfect the technology ahead of making it available to the public within a few years.

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ADM to expand soybean traceability pilot ahead of EU deforestation regulations

Supply Chain Dive

The grain trader said it completed its first shipments of "verified, fully traceable soybeans" from the U.S. to Europe.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Procurement transformation: Why excellence matters

IBM Supply Chain Blog

Procurement departments tend to be less visible to many stakeholders than sales, operations or even finance departments, but the impact they have on everything from the bottom line to product quality and service delivery shouldn’t be overlooked, which is why “procurement excellence” is a worthy pursuit. Optimizing the procurement function can help deliver successful business outcomes, such as: 12–20% in sourcing/demand management savings 95% in improvement in compliance 3

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Port Everglades cargo volumes rise 3% YoY in November

Supply Chain Dive

The ports processed a total of 83,878 total TEUs, reflecting the first YoY increase for the fiscal year.

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New Year Insights for the procurement solutions and services marketplace 2024: Supplier.io

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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Decision Intelligence, a Natural Step in the Planning Evolution

Supply Chain Trend

Decision Intelligence (DI) is a natural evolution in supply chain planning technology. It closes the planning and execution automation gap which has been left by ERP and APS, both technologies that have reached the maturity phase for their functional aims. 7% of companies have started to adopt autonomous end-to-end planning. 3% of companies use autonomous execution to enhance their supply chain resilience.

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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Transforming Supply Chain Management with Intelligent Software

SCMR (Supply Chain Management Review)

The evolving landscape of supply chain management highlights the transformative potential of integrating intelligent software.

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Episode 149: Finding a Workable Model for Zero Emissions Fleets with Ron Hunt

Una

EPISODE 149 Finding a Workable Model for Zero Emissions Fleets with Ron Hunt By Kelly Barner | January 24, 2024 Despite the understandable enthusiasm around supply chain sustainability, there are many challenges associated with the fight to lower emissions: regulations, costs, and engineering, just to name a few. One of the challenges procurement will appreciate most, is the journey towards a workable business model that reflects today’s infrastructure reality and companies’ ability to invest.

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The difference between traditional AI and GenAI in S2P

Spend Matters

This article was derived from an interview between Spend Matters analysts Pierre Mitchell and Bertrand Maltaverne based on research conducted in partnership with SAP. AI existed for a long time before generative AI (GenAI) emerged. It enabled organizations to tackle more complex scenarios, and its current use cases are making processes much more impactful while augmenting human knowledge and capability.

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How do Supplier Auditors Ensure Quality and Compliance in Your Supply Chain?

Procurement Freelancers

Quality products and compliance with regulations and standards are necessary elements in the modern, busy…

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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What does a Procurement Manager do? Job Description, Skills, and Qualifications

Arkestro

Resources / Blog / What does a Procurement Manager do? Job Description, Skills, and Qualifications What does a Procurement Manager do? Job Description, Skills, and Qualifications As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing. The global procurement market was valued at $6.15 billion in 2022, and it’s expected to grow 11.1% from 2023 to 2030.

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The 10 Hottest German Procurement Startups

Procurement Software

Berlin is one of Europe’s key tech hubs. From the capital and beyond, German procurement startups are chipping away at a conservative business culture, making leaps and bounds towards modernising our profession. We take a look at early stage and growth startups from a country steeped in technological innovation and industrial dynamism. In this article, we’ve tried to focus on startups primarily serving customers in the DACH region (Germany, Austria and Switzerland).

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Watch: Last-Mile Speed Meets Last-Mile Quality

Supply Chain Brain

When it comes to meeting customer expectations for last-mile delivery, it's not just about speed. Service quality and visibility are equally important, says Jim Waters, vice president of marketing with Frayt.

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FTSE100 CPG Client – IT Procurement

Barkers Procurement

Following a successful engagement to support the client’s purchase of new ERP software, Barkers were retained to support the selection of an ERP Systems Integration partner and the subsequent contract negotiation with the successful vendor. Barkers were responsible for creating the RFP documents, running the RFP and BAFO processes, supporting the client in selecting the vendor and the detailed negotiation of a contract for delivery of the systems integration services.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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Supply Chain Management is finally the “top priority” for companies ahead of cybersecurity and sales management

Procurement Insights

The 2022 KPMG Global Technology Report indicates that Canada has quietly become a global leader in innovation, with a growing number of IT startups and fin-techs, as well as innovation communities and partnership networks. Canadian companies that embrace the partner ecosystem—which could include third-party service providers, technology companies, and advisors—can leap ahead in the race to transform.

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U.S. Lawmakers Demand Tougher Enforcement of China Forced Labor Import Ban

Supply Chain Brain

Leaders of the House Select Committee on the Chinese Communist Party wrote in a letter that the Biden administration should work harder to enforce the Uyghur Forced Labor Prevention Act.

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