Fri.Nov 22, 2024

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Remote work in Procurement

ABC of Procurement

We live in an era of Remote work. However, I rarely find remote procurement teams. Is there a real reason for it? The post Remote work in Procurement first appeared on ABC of Procurement.

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U.S. to Announce New Restrictions on Exports to China

Supply Chain Brain

The new regulations could add as many as 200 Chinese chip companies to a trade restriction list that prohibits most U.S. suppliers from shipping goods to the targeted firms.

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OnTrac financing deal paves way for further expansion

Supply Chain Dive

The parcel carrier's agreement with lenders comes after heavy spending to grow its network.

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Russia Supplies North Korea with Oil, Breaking Sanctions

Supply Chain Brain

UN sanctions ban countries from selling oil to North Korea, except in small quantities, in an attempt to repress its economy to prevent it from further developing nuclear weapons.

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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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Target takes a Q3 beating from supply chain disruptions

Supply Chain Dive

The retailer faced higher costs due to the strike at East and Gulf Coast ports and damaging storms in the Southeast.

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How to Keep Your Supply Chain Running When Disruptions Hit

NLPA (Next Level Purchasing Association)

Let’s be honest—if you’re in supply chain management, you’re no stranger to disruptions. They come in all shapes and sizes: hurricanes wiping out factories, cyberattacks freezing logistics systems, or even global trade tensions causing delays. These disruptions aren’t just stressful—they can hit your bottom line hard. But here’s the thing: while you can’t predict every storm or cyberattack, you can get ahead of the chaos.

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Gather AI Expands into Freezer & Cold Storage Inventory Intelligence

Supply Chain Brain

Gather AI says its solution scans ten times faster than traditional means in the freezer environment and improves inventory accuracy by up to 70%.

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Procurement 6 – November 22nd, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – November 22nd, 2024 appeared first on Art of Procurement.

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Evolution Continues in Contract Management

CPO Rising

Over the last few years, the contract management (or contract lifecycle management) solution space has seen some exciting new innovations, after lagging behind other areas in the supply management space… The post Evolution Continues in Contract Management appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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As a procurement professional, business is personal!

Procurement Insights

Whenever someone decides to follow (or connect) with me on LinkedIn, I send out the following message: Hello, Stephen. I am glad you decided to follow me on LinkedIn. My community – 60,000 strong, includes some of the industry’s most insightful and influential thought leaders. As I engage with them regularly, I want you to feel they are also part of your community.

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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.