December, 2024

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Navigating the Perfect Storm: How 2024’s Holiday Supply Chain Challenges Can Drive Innovation

All Things Supply Chain

As we head into the 2024 holiday season, the global supply chain faces a convergence of.

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What About Procurement Objectives?

Procurement Templates

It’s been a very long time since I’ve had to consider about procurement objectives. Here are some typical procurement objectives that every procurement professional should consider. Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Savings can be cashable or non cashable i.e. cost avoidance.

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Looking back, looking forward

Procurement Leaders

First, happy holidays! As CPO and leader of procurement strategy, you deserve a break because the past 12 months have been challenging to say the least. In fact, its a good job that your average chief procurement officer is naturally drawn to complex problems because there was a rich vein of them through 2024. And theres little to suggest that much will change moving into 2025.

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Ocean carriers plan Panama Canal surcharges

Supply Chain Dive

MSC and CMA CGM will implement fees for cargo traveling through the major waterway on certain trade lanes to offset increased costs.

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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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Congress Looks to Boost U.S. Shipbuilding Industry

Supply Chain Brain

The bill would require 10% of all import cargo into the United States from China to arrive on vessels built, flagged and crewed in the U.S.

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Procurement transformation 2025: Why invest in procuretech and how to make the case – Kodiak Hub

Spend Matters

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys. Sam Jenks , Chief Revenue Officer at Kodiak Hub , shares what their customers are looking for from their digital procurement investment.

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Future Learn Supply Chain Courses VS SCMDOJO Academy

SCMDOJO

Two prominent online learning platforms, Future Learn Courses and SCMDOJO, offer courses on demand to meet supply chain enthusiasts’ diverse needs. As you know, the supply chain management landscape constantly evolves, necessitating continuous learning and skill development for professionals in this field. This comprehensive comparison will examine the key aspects of these platforms, enabling you to decide which best suits your career goals.

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Unlocking exponential value

Procurement Leaders

With all thats going on in the world, maintaining supplier collaboration initiatives can seem overwhelming at times especially when the returns can be opaque and difficult to quantify. Most readers will agree that formal supplier collaboration programmes are worth doing; they can unlock huge amounts of value and tap into significant innovation to support growth agendas, sustainability programmes and resilience efforts.

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Will the ILA strike in January? Experts weigh in.

Supply Chain Dive

Industry observers have differing views on the likelihood of a strike, which would add to the logistics hurdles shippers are already facing.

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Navigating Supply Chain Disruptions During Peak Seasons and Beyond

Supply Chain Brain

Supply chain leaders must look beyond short-term fixes to get them through high-demand seasons.

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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.

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Procurement transformation 2025: Why invest in procuretech and how to make the case – Onventis

Spend Matters

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys. Alexandra Arens , Senior Content Marketing Manager at Onventis , shares what their customers are looking for from their digital procurement investment based on the 2024 Procurement Barometer study results

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10 Modern Maritime Disasters and Lessons for Risk Mitigation

All Things Supply Chain

Maritime shipping remains the backbone of global trade, with container ships transporting goods across the oceans every day.

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Top 10 Hottest Courses at SCMDOJO Academy 2024

SCMDOJO

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Continuous learning is crucial for professionals to stay ahead of the curve and enhance their skill sets. SCMDOJO offers a diverse range of courses to cater to various learning needs. Here are 10 of their top-rated courses: 1. Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for E

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Japanese lessons: read the air

Procurement Leaders

One of my favourite moments from last month’s Asia Pacific Procurement Congress occurred when Asahi CPO Tom Veit took to the stage in Singapore to deliver a presentation with his colleague, Naoki Nagahama. Naoki-san’s official title at Asahi is liaison director – or, in other language, a business partner. He’s part of the connecting tissue between central procurement and the wider, highly complex group of Asahi businesses.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

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.

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UPS deploys Verity warehouse drones for inventory tracking

Supply Chain Dive

The technology is helping the company's Velocity facility identify stock discrepancies and reduce "high-reach tasks" for workers.

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How AI Can Help to Reduce Waste in Logistics

Supply Chain Brain

For all their importance to global supply chains, logistics activities generate considerable amounts of waste.

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Procurement transformation 2025: Why invest in procuretech and how to make the case – Vroozi

Spend Matters

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys. Mike Jud , Senior Director Customer Experience at P2P solution provider Vroozi , shares what their customers are looking for from their digital procurement investment.

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New Developments in Supply Chain Management: 2024 and Beyond

All Things Supply Chain

Supply chain management (SCM) is at the forefront of a technological and strategic revolution, driven by global demands and rapid innovations.

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The 2nd Generation of Innovation Management: A Survival Guide

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?

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10 Best Practices for Streamlining Procurement Contract Management

Procurement Freelancers

Effectively managing contracts for procurement processes has become an important task for companies that want… The post 10 Best Practices for Streamlining Procurement Contract Management first appeared on Procurement Blog | Procurement & Supply Chain News.

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Research: New approaches to uncovering sub-tier risks

Procurement Leaders

In partnership with Procurement Leaders: Discover how the function can improve its oversight of, and ability to mitigate, sub-tier threats

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FedEx plans additional surcharge changes for 2025

Supply Chain Dive

The carrier is adding a fee for processing inbound U.S. imports and delivery area surcharges for new ZIP codes, among other adjustments.

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The State of Shipping and Logistics in 2025 and Beyond

Supply Chain Brain

Many of these trends are already picking up speed, and much will come down to rapidity of adaptation and adoption, both practice and tech-wise.

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Freight Procurement Simplified: Bids from Hours to Minutes

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

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Risk management solution providers and what their customers really want – CreditRiskMonitor

Spend Matters

As part of our Q4 research into supplier risk, third-party and supply-chain risk management (TPRM/SCRM) and the solutions that support it, we have not only conducted analyst- and market-led research in the shape of analyses, advisory, definitions and webinars, but taken the pulse of the practitioners who use that technology and who deal with risk on a daily basis (for example here and here ).

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Employee Satisfaction, A Hidden Force in Supply Chain Success

All Things Supply Chain

The year is 1936, the machines are idle, although all the employees are at their usual workstations, but instead of working, they are playing ping pong, reading the newspaper, and…

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442: On The Margins – How to Thrive Through Cost-Cutting and Corporate Changes

Let's Talk Supply Chain

Its a couple of days before the holidays, the Lets Talk Supply Chain team are having a well-deserved break, and so today, instead of an interview, were bringing you one of my favorite recent episodes from one of our live shows On The Margins with Coupa. On the Margins inspires business leaders to explore the what-ifs of success in the modern era. The show explores the often overlooked and seemingly marginal aspects of procurement, supply chain, and finance operations to reveal thought-provokin

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ESG Compliance: How Product Sourcing Agents Navigate New Standards

Procurement Freelancers

Sustainable business standards continue to transform global commerce at an unprecedented pace. Company executives are… The post ESG Compliance: How Product Sourcing Agents Navigate New Standards first appeared on Procurement Blog | Procurement & Supply Chain News.

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The Evolution of Control Towers to Command Centers

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.

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Best Buy expects tariffs to drive price increases

Supply Chain Dive

Vendors, customers and the electronics retailer itself will all share the brunt of increased prices, CEO Corie Barry said.

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FMCSA Proposes to Tighten Requirements for Transparency in Property Broker Transactions

Supply Chain Brain

A proposed rule by FMCSA specifies the roles, responsibilities and obligations of parties in commercial transportation transactions that are arranged by licensed property brokers.

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Navigating the top 5 third-party risks in procure-to-pay processes

Spend Matters

In todays interconnected business landscape, companies rely on suppliers and service providers for core procure-to-pay (P2P) activities, including order processing, invoicing and payments. This dependency, while essential, introduces potential risks that can lead to operational delays, regulatory penalties and financial instability if not effectively managed.

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The Final Wrap-up of this Year – The ATSC Awards 2024

All Things Supply Chain

“A Festivus for the rest of us!” Frank Costanza As Frank Costanza reminded us with my traditional Seinfeld reference, the holiday season is about celebrating in our unique ways.

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GEP Outlook Report 2025

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