Fri.Dec 01, 2023

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Exploring the Main Functions of E-Procurement Systems

ProcurePort

In the rapidly evolving landscape of modern business, organizations are constantly seeking innovative ways to streamline their processes, enhance efficiency, and cut costs. One such technological advancement that has significantly transformed the traditional procurement process is the implementation of electronic procurement systems, commonly known as e-procurement systems.

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New IRA guidance limits battery components made in China

Supply Chain Dive

The proposed guidelines clarify how the law’s “foreign entity of concern” requirements will impact automakers’ ability to qualify for EV tax credits.

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Panama Canal Water Levels Will Affect Western Trade in 2024

Supply Chain Brain

In response to the ongoing crisis, carriers have begun redirecting their shipments to the U.S. West Coast or have opted for alternative routes via the Suez Canal.

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FedEx, UPS snag Black Friday volume share from regional carriers: Shipium

Supply Chain Dive

National providers' peak season gains indicate their rate discounting efforts are paying off, the shipping platform's CEO said.

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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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How generative AI delivers value to insurance companies and their customers

IBM Supply Chain Blog

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. They must comply with an increasing regulatory burden, and they compete with a broad range of financial services companies that offer investment products that have potential for better returns than traditional life insurance and annuity products. Although interest rates have increased at an unprecedented rate over the past year as central banks attempt to curb inflation, a significant part of insu

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Mars Responds to Child Labor Accusations

Supply Chain Brain

The investigation found children as young as five years old using machetes to harvest the cocoa beans that ended up in someMars products.

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Types of enterprise resource planning (ERP) systems

IBM Supply Chain Blog

The fast-paced business world we live in today requires smart tools to manage a business’s operations and everyday needs. Enterprise resource planning (ERP) is a business management software built to do just that. This relatively new system offers a centralized platform with applications to manage all aspects of your business from supply chain management to inventory management to financial management.

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Japan Plans to Stop Building Unabated Coal Power Plants

Supply Chain Brain

The promise aligns with commitments made by the Group of Seven (G7) developed nations to bring an end to unabated coal-fired power generation as soon as possible.

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Hybrid cloud examples, applications and use cases

IBM Supply Chain Blog

To keep pace with the dynamic environment of digitally-driven business, organizations continue to embrace hybrid cloud, which combines and unifies public cloud, private cloud and on-premises infrastructure, while providing orchestration, management and application portability across all three. According to the IBM Transformation Index: State of Cloud , a 2022 survey commissioned by IBM and conducted by an independent research firm, more than 77% of business and IT professionals say they have ado

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TrusTrace partners with UK apparel retailer on supply chain software

Supply Chain Dive

New Look will use TrusTrace’s tech to help reach some of the company’s sustainability goals, which include reaching net-zero by 2040.

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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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Tokens and login sessions in IBM Cloud

IBM Supply Chain Blog

IBM Cloud authentication and authorization relies on the industry-standard protocol OAuth 2.0. You can read more about OAuth 2.0 in RFC 6749 —The OAuth 2.0 Authorization Framework. Like most adopters of OAuth 2.0, IBM has also extended some of OAuth 2.0 functionality to meet the requirements of IBM Cloud and its customers. Access and refresh tokens As specified in RFC 6749, applications are getting an access token to represent the identity that has been authenticated and its permissions.

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US loses trade dispute over access to Canada’s dairy market

Supply Chain Dive

Farm groups called the ruling a "surprising setback" that weakens the value of the USMCA.

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Supercharge security operations: How to unlock analysts’ productivity

IBM Supply Chain Blog

Security analysts are all too familiar with the challenges of alert fatigue, swivel chair type of analysis, and “ghost chasing” spurred by false positives. Facing massive volumes of data coming from an expanding digital footprint and attack surfaces across hybrid multi-cloud environments, they must quickly discern real threats from all the noise without getting derailed by stale intelligence.

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Manufacturing down again in November amid low orders: PMI

Supply Chain Dive

The industry isn't expected to see major gains in demand or employment through the end of the year.

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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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5 Questions All Procurement Professionals Must Answer To Succeed In 2024

Procurement Insights

Calling all procurement and supply chain professionals: YOUR VOICE MATTERS! For the next issue of our magazine , which will be out by the first half of December, we drafted some questions for Jon Hansen , Strategic Advisor from Procurement Insights. Jon thought those were “ universal questions all professionals should ask themselves “, so we decided to propose them to you!

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How to move from IBM Cloud Functions to IBM Code Engine

IBM Supply Chain Blog

When migrating off IBM Cloud Functions, IBM Cloud Code Engine is one of the possible deployment targets. Code Engine offers apps, jobs and (recently function) that you can (or need) to pick from. In this post, we provide some discussion points and share tips and tricks on how to work with Code Engine functions. IBM Cloud Code Engine is a fully managed, serverless platform to (not only) run your containerized workloads.

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Strategies for Mitigating Cyber Fraud: Five Essential Tips for Safeguarding Your Company in 2024

Jaggaer

JAGGAER's latest news on procurement & sourcing. Read now: Strategies for Mitigating Cyber Fraud: Five Essential Tips for Safeguarding Your Company in 2024.

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CPO Rising Listicle: 10 Ways CPO Rising Brings Engagement and Education to Readers

CPO Rising

Fridays (in 2023) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

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.