ProcurePort

DECEMBER 15, 2023

In the ever-evolving landscape of financial management, precision is paramount. The complexities of modern business demand meticulous processes to ensure accuracy, especially in the realms of procurement and accounting. Two methodologies, 2-Way and 3-Way Matching, have emerged as critical players in this pursuit of financial integrity. This article explains the differences between matching systems and […] The post 2-Way vs. 3-Way Matching: What’s the Difference?

Demand 130

Demand Procurement Management 130

Finale Inventory

DECEMBER 15, 2023

A transfer order arriving at a warehouse. For those managing ecommerce warehouses, optimizing operations is vital for maintaining customer satisfaction and driving profitability. Finale’s transfer orders stand out as an important tool in this initiative. Let’s explore the role of transfer orders, demonstrating how they can significantly streamline your warehouse processes.

Warehouse operations 98

Warehouse operations Supply Chain Efficiency Real-time Visibility Inventory 98

SCMR (Supply Chain Management Review)

DECEMBER 15, 2023

Given where spot market prices are at and demand for services holding steady, slow attrition of capacity should help stave off further downward pressure on rates, says Michigan State’s Jason Miller.

Price 93

Price Demand 93

Spend Matters

DECEMBER 15, 2023

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.

Procurement solutions 96

Procurement solutions Procurement Agile and Lean Supply Chain Contract 96

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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.

Supply Chain Optimization

Supply Chain Brain

DECEMBER 15, 2023

Maersk said December 14 that its vessel, Maersk Gibraltar, was targeted by a missile when traveling from Salalah, Oman to Jeddah, Saudi Arabia.

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111

Supply Chain Dive

DECEMBER 15, 2023

The retailer is planning a supplier summit in New Delhi early next year as it eyes $10 billion in annual exports by 2027.

Export 122

Export Suppliers Sourcing 122

Procurement Insights

DECEMBER 15, 2023

As one of the first procurement industry bloggers, if you told me on May 18th, 2007, that in December 2023, I would still be penning my thoughts on the Procurement Insights blog, I probably would not have believed you. Here is the link to my very first post: Welcome to Procurement Insights. As a side note, that first post had three comments, which was encouraging because I didn’t know if anyone out there would be reading it.

Supply chain 81

Supply chain Procurement Purchasing Risk 81

Supply Chain Brain

DECEMBER 15, 2023

Both December 15 attacks, one missile-based and the other drone-based, came from a part of Yemen controlled by the Houthi rebel movement.

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97

IBM Supply Chain Blog

DECEMBER 15, 2023

Paying attention to the latest customer service trends ensures that an organization is prepared to meet changing customer expectations. Customer loyalty is waning, spurred on by the COVID-19 pandemic, social influences and the ease of switching brands. More than ever, organizations must stay on top of changes in the customer service experience to improve customer satisfaction and meet increased customer needs.

Data 67

Data Import Influencing Price 67

Negotiations Ninja

DECEMBER 15, 2023

As the festive season approaches, we’re reflecting on our incredible journey this past year. It’s been a year of growth, learning, and, most importantly, empowering businesses and leaders through the art of negotiation. Your faith in our expertise has been the driving force behind our mission.

Negotiation 52

Negotiation Import 52

Advertiser: GEP

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

IBM Supply Chain Blog

DECEMBER 15, 2023

Some of the first teachings about improving the planet seem simple: reduce, reuse, recycle. People have since made lifestyle choices and adjustments, such as biking to work and segregating garbage, to bring this rule to life and help save the environment. Now, climate change is affecting businesses as much as individuals. According to the United Nations Environment Programme (UNEP), both consumers and investors are being turned-off by companies that ignore their environmental impact.

Sustainability 65

Sustainability Supply Chain Efficiency Raw materials Supply chain 65

CPO Rising

DECEMBER 15, 2023

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.

Procurement 52

Procurement Procurement team Strategy Chief Procurement Officer 52

IBM Supply Chain Blog

DECEMBER 15, 2023

Open-source artificial intelligence (AI) refers to AI technologies where the source code is freely available for anyone to use, modify and distribute. When AI algorithms, pre-trained models, and data sets are available for public use and experimentation, creative AI applications emerge as a community of volunteer enthusiasts builds upon existing work and accelerates the development of practical AI solutions.

Sourcing 64

Sourcing Innovation Data Collaboration 64