Procurement Leaders
OCTOBER 1, 2024
We would all love to be more productive. After all, getting more output from the same, if not fewer, resources is one of the guiding principles of a growth-based strategy. It’s why countless CPOs have told us that it will be a key priority for them next year, and, by extension, it’s why a good proportion of our community activities in 2025 will focus on the productivity conundrum.
Supply Chain Brain
OCTOBER 1, 2024
Even if the dispute between the ILA and USMX is resolved quickly, the battle over automation at U.S. ports is set to rage on for a good long while to come.
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Supply Chain Dive
OCTOBER 1, 2024
The presidential election, an East Coast port strike and the impact of Hurricane Helene are creating a flurry of challenges for manufacturers this fall.
Spend Matters
OCTOBER 1, 2024
During the week of September 9th, I attended the Basware Premier Event in Memphis — a fantastic gathering that delved into several key topics, including touchless invoice processing to accelerate workflows, the importance of ROI assessments and how AI can enhance AP outcomes. A customer panel shared their experiences with processing thousands of invoices and how Basware supported them in improving accuracy.
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Supply Chain Dive
OCTOBER 1, 2024
A federal mediator rejected a union request to be released from supervised negotiations as pilots push for better pay and retirement benefits.
Supply Chain Brain
OCTOBER 1, 2024
The union recently claimed that carriers "are gouging their customers," alleging that it now costs $30,000 to ship a single container. Not so, says freight rate analytics company, Xeneta.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Brain
OCTOBER 1, 2024
The determination marks an early victory for domestic panel makers, who say cheap imports are harming their operations.
Supply Chain Dive
OCTOBER 1, 2024
The grocer’s parent company said it will focus on refining various operations, including product sourcing and refrigeration, to achieve its goal.
Supply Chain Brain
OCTOBER 1, 2024
Alternative East Coast ports — including Montreal, where half of the terminals are shut down by a strike — will not be able to handle large scale diversions.
Spend Matters
OCTOBER 1, 2024
This content does not express the views or opinions of Spend Matters Given the persistent economic uncertainty and inflation-induced price increases, reducing purchasing costs remains a priority for most procurement stakeholders in 2024, followed by ensuring supply continuity and combating rising prices. To guarantee that the business receives the necessary goods and services at the best quality-price ratio, procurement professionals strive to streamline purchase order management practices and i
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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 Brain
OCTOBER 1, 2024
Autonomous sourcing platforms, driven by artificial intelligence, are achieving significant returns on investment, according to a new report by research firm HFS.
Supply Chain Dive
OCTOBER 1, 2024
Next year’s trade shows will focus on adopting technology innovations, navigating logistics risks and securing new talent.
Art of Procurement
OCTOBER 1, 2024
SimpliContract is on a mission to create what its Founder and CEO, Guru Venkatesan, calls a “connected contract experience.” Contract. The post AOP Introducing… SimpliContract appeared first on Art of Procurement.
Supply Chain Brain
OCTOBER 1, 2024
The strike affects ports with the combined capacity to handle as much as half of all U.S. trade volumes.
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
Fraxion
OCTOBER 1, 2024
We’re excited to introduce the latest enhancements to our Mobile app. The new features include purchase order (PO) visibility and downloads, receiving capabilities, and predictive defaults for request line items.
Supply Chain Brain
OCTOBER 1, 2024
The 900-foot ship was hit by an uncrewed surface vessel 64 nautical miles northwest of the rebel-held port city of Hodeidah.
Procurement Insights
OCTOBER 1, 2024
In one of today’s discussion streams, I asked the question why have we made so little progress in addressing the challenges that we face in procurement. Here is an answer I received: “ Jon W. Hansen Wrong prioritization! „Sorry, no time for improvements, we are too busy with stupid useless activities!“ And: weak CPOs.” – Procurement Executive, Trainer, Consultant Here is my response: Right to the point; I respect that.
Supply Chain Brain
OCTOBER 1, 2024
Deanna Kaufman, vice president of product management with Körber Supply Chain Software, argues that every order management system (OMS) today must be “borderless.
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.
Procurement Software
OCTOBER 1, 2024
1999. The year I first tasted procurement. I was doing a summer job as a Buying Assistant in an automotive gearbox manufacturing company in my hometown. Procurement, or purchasing as it was usually called back then, was definitely a back office function. Yes, there was some sourcing and supplier management involved as part of the team’s activity. The majority of their work though was tactical and administrative buying.
Procurement Insights
OCTOBER 1, 2024
I am going to show you two simple yet powerfully insightful images with corresponding links to demonstrate why the best ProcureTech solutions don’t come from tech companies. In 1998, my company’s solution was structured around levels “three to five,” as depicted in the above graphic. Here are the corresponding reference links that explain how we got there and what we achieved: Are you chasing solutions or solving problems?
Shapiro Negotiations Institute
OCTOBER 1, 2024
Contracts. The lifeblood of business and often the bane of our existence. We’ve all been there – staring down a 50-page document, wondering if we’re about to strike gold or step on a landmine. Your palms might get a little sweaty, and your coffee intake might spike, but deep down, you know this is where the magic happens. It’s here where real deals are made and broken.
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