Cost cutting is procurement execs’ top 2024 priority: Hackett
Supply Chain Dive
JUNE 6, 2024
With interest rates still high and global elections creating economic uncertainty, many companies are being conservative about spending.
Thu.Jun 06, 2024
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Tive Releases Solo Lite Tracker to Monitor Shipments for Ocean Carriers
Supply Chain Brain
JUNE 6, 2024
Solo Lite has global coverage in more than 186 countries, and includes a more environmentally-friendly non-lithium battery-powered option.
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Estée Lauder globally deploys new integrated business planning process
Supply Chain Dive
JUNE 6, 2024
The new process will leverage artificial intelligence and other recently adopted technology to improve inventory forecast accuracy, per executives.
Out-Of-Control Ship in Charleston Harbor Causes Bridge Closure
Supply Chain Brain
JUNE 6, 2024
Police cleared traffic, cyclists and pedestrians from the eight-lane bridge before the ship arrived, keeping it closed for 10 minutes as the ship steamed underneath, authorities said.
GEP Spend Category Outlook Report 2025
Advertiser: GEP
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.
Transfix sells brokerage to NFI, pivots its business
Supply Chain Dive
JUNE 6, 2024
The digital firm will focus on selling software as a service.
OneRail acquires Orderbot in Boost to Delivery Fulfillment Capabilities
Supply Chain Brain
JUNE 6, 2024
OneRail says the acquisition will allow its last-mile delivery network to use Orderbot's inventory and order management systems to speed up fulfillment.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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Governor Scraps Controversial NYC Congestion Tolling Plan
Supply Chain Brain
JUNE 6, 2024
A lawsuit from the Trucking Association of New York filed on May 30 claimed the tolls were unfairly targeting delivery trucks with the highest rates.
Employers should include workers in AI plans, DOL says
Supply Chain Dive
JUNE 6, 2024
The agency outlined a list of eight “AI Principles for Developers and Employers” last month, following up on a 2023 directive from the White House.
Sending a Powerful Message About America’s Pharmaceutical Independence
Art of Procurement
JUNE 6, 2024
Victor Suarez is a retired Colonel from the United States Army. He worked for the U.S. Department of Health and. The post Sending a Powerful Message About America’s Pharmaceutical Independence appeared first on Art of Procurement.
Intake and Orchestration in procurement: How do the solution providers define its role? – Zip
Spend Matters
JUNE 6, 2024
Spend Matters continues its focus on Intake and Orchestration as this quarter’s theme of special interest with a viewpoint on the importance of this market segment from Nick Heinzmann, Head of Research at e-procurement and intake management specialist, Zip. Our analyst recently wrote that it was Zip which “productized and popularized intake,” and that today, for something that did not really exist a few years ago, it is the fastest-growing procurement tech market.
5 Ways You Can Win Faster with Gen AI in Sales
Advertiser: ZoomInfo
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.
Podcast | How to Hang on to Your Warehouse Workers
Supply Chain Brain
JUNE 6, 2024
Want to keep your warehouse workers in a tough labor market? Give them the right tools to do their jobs.
How much supply chain visibility is too much visibility?
Procurement Insights
JUNE 6, 2024
Here are five critical “touchpoints” in the supply chain. How does “visualizing spending, benchmarking suppliers, and maximizing profits” impact the following areas individually and collectively? To what degree does a breakdown or inefficiency at one point have a ripple effect through the other E2E touchpoints? How does it impact the “savings passed on across the supply chain, resulting in higher or lower product costs for consumers?
Why CFOs Hold the Key to Successful Software Selection
Supply Chain Brain
JUNE 6, 2024
Chief financial officers are pivotal in navigating supply chain uncertainty. They must take a strategic approach to software evaluation to maximize investments and mitigate risks.
How Predictive Procurement Orchestration is Revolutionizing Sourcing for Manufacturers as the Foundation for AI Transformation
Arkestro
JUNE 6, 2024
Resources / Analyst Reports / How Predictive Procurement Orchestration is Revolutionizing Sourcing for Manufacturers as the Foundation for AI Transformation How Predictive Procurement Orchestration is Revolutionizing Sourcing for Manufacturers as the Foundation for AI Transformation Download Now Let's Talk There is a massive opportunity to obliterate and not just simply automate how things are done. — Spend Matters Summary This analyst report from Spend Matters discusses the pressing need f
GEP Outlook Report 2025
Advertiser: GEP
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
Watch: How Can Your WMS Flex When You're Growing Your Business?
Supply Chain Brain
JUNE 6, 2024
When bringing on a new client, expanding into a new facility, or even opening a micro-fulfillment-based store, it's critical to have the flexibility in your warehouse management system that allows you to flex your operations as needed, says Chris O'Stean, vice president of solutions consulting at Softeon.
From 100 to 1000: How High-Performing CPOs Use 100 Day Plans to Achieve Escape Velocity
Arkestro
JUNE 6, 2024
Resources / eBooks / From 100 to 1000: How High-Performing CPOs Use 100 Day Plans to Achieve Escape Velocity From 100 to 1000: How High-Performing CPOs Use 100 Day Plans to Achieve Escape Velocity Download Now Let's Talk The CPOs who handle the stress and the long hours of the job with grace and humility share one thing in common: they absolutely love what they do, and the harder it gets, the more they love it. — Len DeCandia Former Johnson & Johnson CPO Summary In this eBook, we provid
EU Nears Decision on New Tariffs For Chinese EVs
Supply Chain Brain
JUNE 6, 2024
China has signaled that it plans to retaliate against any new EU tariffs with a 25% tax of its own on cars imported from Europe.
Does Procurement Need to Work From the Office?
Una
JUNE 6, 2024
Does Procurement Need to Work From the Office? The nature of procurement work is changing and considering the remote work debate, does procurement really need to work from the office? By Hugo Britt | June 11, 2024 Search Search The dust has definitely not yet settled around the remote working debate. The percentage of US companies offering flexibility increased from 51% to 62% last year , but 38% still prefer an in-person workforce.
10 Ways to Leverage Buyer Signals and Drive Revenue
Advertiser: ZoomInfo
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.
Product Marketing vs. Demand Generation: Their Key Differences
The Thomas Blog
JUNE 6, 2024
Marketing products and planning campaigns to create customer demand can be essential to a marketer's strategy for attracting new customers. In product marketing, the focus is on showing a product or service to potential customers by highlighting its benefits. On the other hand, demand generation aims to create interest and produce new potential customer contacts through various channels and marketing strategies.
Episode 169: Aspiring to Generous Leadership with Joe Davis
Una
JUNE 6, 2024
EPISODE 169 Aspiring to Generous Leadership with Joe Davis By Kelly Barner | June 12, 2024 There will always be challenges to overcome – personally, professionally, and combined – but by finding the courage to work in community and to receive all each employee has to give, leaders can allow themselves and their teams to attain a new level of achievement.
Supply Chain Management Inefficiencies Threaten Organizations’ Competitive Advantage, New JAGGAER Research Reveals
Jaggaer
JUNE 6, 2024
The post Supply Chain Management Inefficiencies Threaten Organizations’ Competitive Advantage, New JAGGAER Research Reveals appeared first on JAGGAER.
Procurement’s Role in Building Social License
Una
JUNE 6, 2024
Procurement's Role in Building Social License Organizations are recognizing procurement’s role in building social license to foster stronger ties in the communities in which they operate. By Hugo Britt | June 13, 2024 Search Search The residents of a small town in the Midwest were up in arms. A major manufacturing company had just announced plans to build a new production facility on the outskirts of their community.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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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.
What's new in Fraxion: Invoice batching
Fraxion
JUNE 6, 2024
We’re pleased to announce the latest feature release for our procure-to-pay suite: invoice batching. This innovative feature enables the grouping of multiple approved invoices into batches for payment, saving time and increasing efficiency when processing payments for statements that include multiple invoices.
U.S. Seeks to Increase Pressure on Houthis in Threat to Yemen-War Truce
Supply Chain Brain
JUNE 6, 2024
Leaders in Washington, D.C. have been striving to broker a cease-fire deal in Gaza for several months, with limited success.
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