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.
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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 20, 2023
Sustainable procurement has become more and more critical for businesses that want to reduce their environmental impact and improve their sustainable practices.
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 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.
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.
Supply Chain Dive
NOVEMBER 3, 2023
The logistics giant’s “deep learning models” incorporate weather and traffic conditions for more accurate projections, CEO Raj Subramaniam said at a CNBC event.
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.
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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.
All Things Supply Chain
NOVEMBER 6, 2023
The first mentions of Lean Six Sigma date back to the late 1990s and early 2000s.
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 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.
SCMDOJO
NOVEMBER 29, 2023
In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow. That’s why streamlining your inventory management strategies is crucial for success.
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
Supply Chain Dive
NOVEMBER 2, 2023
A new action guide by the National League of Cities points to emerging policies and technologies to combat increasing air pollution, greenhouse gas emissions and traffic congestion.
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.
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.
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.
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.
Supply Chain Brain
NOVEMBER 8, 2023
Omni-channel, demand-driven fulfillment using AI and automatic decision-making technologies will give retailers the edge they need to succeed in a very competitive landscape.
SCMDOJO
NOVEMBER 28, 2023
Supply chain management is one of the popular courses in today’s world and the education system. It is a field that requires individuals to have technical and excellent problem-solving abilities, which are vital in enhancing efficient logistics operations in different industries. Pursuing a degree in supply chain management requires utmost dedication and adequate finances to cater for tuition, accommodation, stationery, and other important necessities for a smooth school life.
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.
IBM Supply Chain Blog
NOVEMBER 6, 2023
Enterprise businesses are continuing to move toward digitalized and cloud-based IT infrastructures. Digital systems enable unprecedented flexibility, scalability and speed when compared to their more traditional, on-premises counterparts. However, digital infrastructures are highly dependent on application programming interfaces — or APIs — to facilitate data transfers between software applications and between applications and end users.
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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.
Spend Matters
NOVEMBER 15, 2023
In This content is for members only. Visit the site and log in/register to read. The post AI in Procurement and ‘Autogmentation’ Part 4 — Procurement use cases of AI and Generative AI appeared first on Spend Matters.
SCMR (Supply Chain Management Review)
NOVEMBER 3, 2023
Meeting the demands of a modern supply chain requires the integration of physical and digital strategies to enhance efficiency, cost flexibility, and sustainability, in other words, a phygital approach.
Supply Chain Brain
NOVEMBER 6, 2023
Global logistics difficulties are at the lowest in 26 years as transportation costs keep declining, according to the Federal Reserve Bank of New York's Global Supply Chain Pressure Index.
SCMDOJO
NOVEMBER 9, 2023
Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. With effective inventory control templates, you can maintain an accurate record of your products, including their quantities, dimensions, location, and weight. The primary goal of inventory control is to reduce the costs associated with holding stock.
Speaker: Kevin Kai Wong, President of Emergent Energy Solutions
In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene
Supply Chain Dive
NOVEMBER 13, 2023
The holiday season is critical, but it doesn’t have to be chaotic and stressful. The right strategies can help you stay ahead of the curve so your business can take on holiday pressure with renewed confidence.
IBM Supply Chain Blog
NOVEMBER 14, 2023
Forrester Research just released “The Forrester Wave™: Digital Process Automation Software, Q4 2023: The 15 Providers That Matter Most And How They Stack Up” by Craig Le Clair with Glenn O’Donnell, Renee Taylor-Huot, Lok Sze Sung, Audrey Lynch, and Kara Hartig and IBM is proud to be recognized as a Leader. IBM named a Leader In the report, Forrester Research evaluated 15 digital process automation (DPA) providers against 26 criteria in three categories: Current offering,
Spend Matters
NOVEMBER 13, 2023
In the previous parts of our series, we covered AI in detail, highlighting its evolution over time and the different levels of AI. We also covered the state of AI adoption in business and procurement. However, we didn’t address the elephant in the room: generative AI. Generative AI has captured the attention of many people because of the broad use cases that it can cover (anyone can relate to a tangible use case, which is very different from other past technologies such as blockchain) and of its
SCMR (Supply Chain Management Review)
NOVEMBER 3, 2023
Accenture has made two acquisition announcements this week, announcing the intention to acquire procurement firm The Shelby Group and reverse logistics specialists OnProcess Technology.
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