Art of Procurement
NOVEMBER 9, 2023
According to the National Retail Federation, 43 percent of people started doing their holiday shopping in October, leading the NRF. The post Is it the most wonderful time of the supply chain year? appeared first on Art of Procurement.
Supply Chain Brain
NOVEMBER 20, 2023
Re-shoring or near-shoring factories, “just-in-case” inventories, and qualifying alternative suppliers are among the most common ways that companies are building resilience. However, these strategies come with tremendous complexity and a heavy price tag.
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Positive Purchasing
NOVEMBER 1, 2023
Written by Jonathan O’Brien , leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan and his team work with global blue-chip organizations to help transform their procurement capability. With Chat GPT almost becoming mainstream now, tech development is moving so fast it could give you a nosebleed. Not to be outdone, here at Positive Purchasing, we have released Capella, a new world-leading digital tool to guide users to the optimum category strategy – so I thought it would
Supply Chain Dive
NOVEMBER 9, 2023
In an earnings call, the home appliance company said it reduced parts complexity and used dual sourcing to mitigate supplier-driven disruptions.
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.
Spend Matters
NOVEMBER 6, 2023
Technological progress has revolutionized the business world, transforming industries and redefining work. For procurement professionals and solution providers, understanding the evolution of technology and its impact is crucial for staying competitive in the ever-changing market. From the early days of mechanization and automation to the digital age, technology has continuously improved efficiency and effectiveness in business operations.
All Things Supply Chain
NOVEMBER 6, 2023
The first mentions of Lean Six Sigma date back to the late 1990s and early 2000s.
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
NOVEMBER 21, 2023
Achieving resilience in supply chains is essential, but it's crucial to implement measures carefully so they do not hinder or conflict with other competing priorities.
Art of Procurement
NOVEMBER 2, 2023
“Coke is everywhere. In fact, when I travel to the developing world, Coke feels ubiquitous. […] If we can understand. The post Coca-Cola’s Project Last Mile appeared first on Art of Procurement.
ProcurePort
NOVEMBER 30, 2023
The procure-to-pay process is a comprehensive journey involving steps from identifying a need for goods or services through payment to suppliers, emphasizing the importance of efficient communication, transparency, and strategic supplier relationships. Successful implementation of the procure-to-pay process requires meticulous attention to each stage, from request and purchase requisition to supplier evaluation, purchase order creation, […] The post What are the steps in the procure to pay
Procurement Templates
NOVEMBER 26, 2023
Nailing Soft Skills in Procurement: The Unseen Superpower Hard skills and soft skills – which is more important? The answer is, really, that it depends. Hard skills are undoubtedly crucial in specific occupations, but there isn’t a job in the world that doesn’t require soft skills. Even those specializing in specific skill sets need soft skills to work collaboratively in a team.
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.
All Things Supply Chain
NOVEMBER 20, 2023
Sustainable procurement has become more and more critical for businesses that want to reduce their environmental impact and improve their sustainable practices.
Procurement Leaders
NOVEMBER 21, 2023
Like many within the procurement community, dsm firmenich’s deputy chief procurement officer Gianluca Colombo is a keen chef in his spare time. “I like cooking and discovering new recipes, he told Procurement Leaders. “I mean, sometimes the result is not that amazing but at least I discover new cultures.” Following the completion of the merger between DSM and Firmenich in May 2023, in his day job, Colombo finds himself breaking silos like a chef might eggs to ensure the s
Supply Chain Brain
NOVEMBER 15, 2023
The state of the economy and the mounting push to digitize supply chain processes are driving a creative approach to maintaining the integrity of your company's item master.
Supply Chain Dive
NOVEMBER 20, 2023
The initiative at a California hub offers on-site day care in emergency situations, which will expand to more company facilities in 2024.
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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.
ProcurePort
NOVEMBER 29, 2023
In the dynamic and ever-evolving landscape of modern business operations, organizations are increasingly turning to innovative technologies to streamline their processes and enhance overall efficiency. Among the many technological advancements, Electronic Procurement (e-procurement) systems and Enterprise Resource Planning (ERPs) have emerged as integral components in the pursuit of operational optimization.
Procurement Templates
NOVEMBER 26, 2023
The Future of Procurement: Navigating the AI Revolution Metaverse? Chatbots? Machine Learning? How familiar are you with these words? Perhaps now might be a good time to start getting cozier with your AI knowledge. The advent of Artificial Intelligence (AI) has undeniably altered the employment landscape, sparking debates about its potential to replace conventional jobs.
All Things Supply Chain
NOVEMBER 27, 2023
With eco-friendly operations becoming more popular, many companies are considering a switch to electric-powered fleets. In fact, Statista projects that 60% of forklifts sold worldwide in 2030 will be electric.
IBM Supply Chain Blog
NOVEMBER 6, 2023
Over the past decade, we’ve seen serverless computing take the cloud computing world by storm. Serverless is a cloud computing application development and execution model that enables developers to build and run application code without provisioning or managing servers or backend infrastructure. When developers first started using serverless technology, they were mostly only using it for Function-as-a-Service, or FaaS.
Speaker: Chris Townsend, VP of Product Marketing, Wellspring
Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?
Supply Chain Brain
NOVEMBER 20, 2023
We've only just begun to scratch the surface of AI's transformative potential, and navigating this landscape requires collective wisdom and ethical vigilance.
Supply Chain Dive
NOVEMBER 13, 2023
Construction is booming, but it may not be enough to meet rapidly rising demand for warehouse space.
ProcurePort
NOVEMBER 27, 2023
Procurement as a Compliance Driver: Thorough vendor due diligence is essential, encompassing financial stability, adherence to labor laws, environmental practices, and ethical conduct. Proactively including compliance requirements in contracts ensures clarity, with regular audits facilitating continuous improvement and maintaining a compliant supply chain.
Procurement Templates
NOVEMBER 26, 2023
I’m going to share some real procurement stories that have happened to me, since we are on the theme of memes, I will let on what really happens in the day of a procurement manger. If you want to read the other version click here In the early days of my career I was working at a global company and I let out a tender. I got the most surprising feedback from a supplier.
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
All Things Supply Chain
NOVEMBER 13, 2023
In the world of global trade and logistics, cargo ships are the unsung heroes that transport goods across the oceans, linking manufacturers, suppliers, and consumers worldwide.
Spend Matters
NOVEMBER 8, 2023
Part 1 of our mini-series focused on the impact of technology on the business world and, more specifically, on procurement. After considering the key milestones in the history of digital technology, we discussed the various impacts that technology can have in terms of automation (efficiency) and augmentation (effectiveness). We also mentioned a strong dependency between the two value drivers and that “new technologies can not only handle a growing number of repetitive and manual tasks but also p
Supply Chain Brain
NOVEMBER 6, 2023
Intel sets out to replace an arduous and time-consuming manual process for inspecting damaged boxes in the warehouse, with an automated system that employs computer vision and artificial intelligence.
Supply Chain Dive
NOVEMBER 22, 2023
The retailer plans to have more than 40 stations, described as mini post offices, in its stores by the end of 2023.
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Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.
ProcurePort
NOVEMBER 22, 2023
In the dynamic landscape of business and procurement, acronyms like RFP, RFQ, and RFI are commonplace. These terms, standing for Request for Proposal, Request for Quotation, and Request for Information, respectively, play pivotal roles in the procurement process. If you find yourself navigating these waters for the first time or looking to deepen your understanding, […] The post Understanding RFP, RFQ, and RFI: A Comprehensive Guide appeared first on ProcurePort Blog.
IBM Supply Chain Blog
NOVEMBER 10, 2023
Once your business has decided to switch to an enterprise resource planning (ERP) software system, the next step is to implement ERP. For a business to see the benefits of an ERP adoption it must first be deployed properly and efficiently by a team that typically includes a project manager and department managers as well. This process can be complicated and feel overwhelming, depending on the needs of your organization.
SCMR (Supply Chain Management Review)
NOVEMBER 20, 2023
Detecting and reducing supply chain fraud can be done using artificial intelligence and the existing supply chain systems and the familiar transactions that they produce.
Positive Purchasing
NOVEMBER 9, 2023
A Wider Horizon You will be familiar with the idea of optimizing what you buy. You may already be challenging what the business is specifying and have questioned the ‘needs’ versus ‘wants’ within each buying decision. Now, with the need to move beyond price and security of supply to sustainable and ethical sourcing, procurement must become a more strategic and proactive function.
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
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