September, 2024

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Keeping your supply chain on track with real-time data

All Things Supply Chain

Since the Covid-19 pandemic, supply chains have faced geopolitical tensions, environmental challenges and significant disruptions, like the bridge accident in Baltimore.

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'A Perfect Storm': Supply Chains Brace for Looming Strike at U.S. Ports

Supply Chain Brain

If East and Gulf Coast ports are forced to shut down, the U.S. could see inventory shortages, higher costs at grocery stores, and months-long container backlogs.

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Developing and Deploying Digital Empathy

Art of Procurement

I pre-interview about a dozen people each month for all of the podcasts produced by Art of Procurement. One thing. The post Developing and Deploying Digital Empathy appeared first on Art of Procurement.

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USMX files labor charge against dockworkers union

Supply Chain Dive

The International Longshoremen’s Association has refused to continue negotiations, the United States Maritime Alliance said in a statement Wednesday.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

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.

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E-commerce Expert Insights: Q4 2024

Finale Inventory

The upcoming Q4 holiday shopping season is set to be one of the most lucrative a nd unpredictable yet. With a perfect storm of factors in play—ranging from shifting consumer habits and economic pressures to supply chain hiccups—this season will be anything but predictable. For e-commerce sellers, it’s not just about riding the holiday wave, but preparing for some unexpected twists and turns along the way.

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TechnoMile: Vendor Analysis — Contract lifecycle management solution overview, roadmap, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of TechnoMile and its contract lifecycle management (CLM) solution for government contractors. TechnoMile exists to give government contractors a better alternative to traditional CLM products. While these tools are often focused on the contract creation process for B2B transactions, B2G (business-to-government) contracts are written on federal paper and require more specific management.

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Supply Chains Are Buckling Down for a Record Storm Season and Other Disruptions

Supply Chain Brain

Despite a temporary lull, this hurricane season is shaping up to be one of the worst on record, as storm after storm pummels large swaths of the country.

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Evaluating India as a Viable Alternative to China

Art of Procurement

“Folks from Dell to HP to Nike to Hasbro to Sony to Apple to Google to Goldman, they’re all looking. The post Evaluating India as a Viable Alternative to China appeared first on Art of Procurement.

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ILA rolls out strike mobilization plan

Supply Chain Dive

Union President Harold Daggett said there will "most definitely" be a strike if an agreement isn't reached by Sept. 30.

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Modeling Piece Price Comparisons for Local and Regional Suppliers Versus Low-cost Country Initiatives

SCMDOJO

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach. I worried whether I could successfully convey the message that even with the great prices, the total cost for the parts would be more than what it would cost to source l

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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Transforming contract management: From digital foundations to AI-powered efficiency and precision

Spend Matters

This content does not express the views or opinions of Spend Matters. In today’s fast-paced business environment, the need for agility and accuracy in contract management is more critical than ever. Contracts serve as the foundation for business relationships, outlining the terms, conditions and expectations between parties. However, managing these documents throughout their lifecycle — from creation to execution, and eventually to renewal or termination — can be a daunting task, fraught w

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Effective Small Business Hiring Strategies for 2025 | Ecommerce

Finale Inventory

In today’s rapidly changing ecommerce landscape, staying ahead is essential for small businesses. As 2025 approaches, hiring strategies will play an even more critical role in building strong teams capable of adapting to the latest trends. To succeed, business owners need to focus on the future of ecommerce and plan for effective staffing to meet the growing demands of the industry.

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Supply Chain Leaders Confident in Resilience Against Future Disruptions

Supply Chain Brain

Managers are also looking to reduce their risk by diversifying their supply chains, with nearly 70% planning to develop new relationships with alternative suppliers.

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Advancements & Adjustments in the GE Appliances Supply Chain

Art of Procurement

GE Appliances is a subsidiary of Haier Smart Home, a Shanghai-based company that purchased them from GE in 2016. Until. The post Advancements & Adjustments in the GE Appliances Supply Chain appeared first on Art of Procurement.

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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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FedEx program holds packages if there’s a next-day match

Supply Chain Dive

The initiative won't impact on-time shipments, but it will allow the carrier to increase the number of deliveries it makes per stop, CEO Raj Subramaniam said.

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Dynamic Pricing: Definition, Types and How to Implement it in 2024

SCMDOJO

When determining the selling price of their goods or services, businesses may use a variety of pricing models and algorithms. One approach is dynamic pricing, in which an item’s price is continuously adjusted according to certain criteria. Developing an efficient pricing plan might be aided by familiarizing yourself with a dynamic pricing model.

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BlueBean: Vendor Analysis — Procure-to-Pay solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of BlueBean and its solution for procure-to-pay. BlueBean’s unique ‘request-to-pay’ solution removes the need for supplier portals, purchase orders, invoices and expense claims. It integrates automated accounting and virtual card payments for procurement and expense management, offering a solution that aims to simplify financial controls.

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Q: How Do You Choose The Right Solution Provider? A: 40 Plus Years And A Very Deep Archive

Procurement Insights

As I looked at your map, James Meads , I noted a couple of logos that looked familiar to me – one I initially covered in 2014 – Bonfire Interactive, a Euna Solutions Brand. Back then, they were just Bonfire. By the way, the beauty of archives – remember 40 years plus in this industry, is that it takes me very little time to do the following: 1.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

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

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Now Is the Time to Proactively Address Supply Chain Risk Mitigation

Supply Chain Brain

Traditional supply chain risk-management strategies are based on limited and static sources of insight, and often fail to support cross-functional collaboration

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Proposed Patent Rule Changes and their Impact on Innovation w/ Wen Xie

Art of Procurement

As someone who has never specialized in a patent-intensive space, I would have thought that patents were just about a. The post Proposed Patent Rule Changes and their Impact on Innovation w/ Wen Xie appeared first on Art of Procurement.

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Ports brace for a potential ILA strike

Supply Chain Dive

East Coast and Gulf Coast seaports are extending hours and sharing contingency plans as they prepare for disruption.

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Coursera Supply Chain Courses vs. SCMDOJO Courses: A Comprehensive Comparison

SCMDOJO

At a time when businesses are evolving at a rapid pace, the significance of supply chain management continues to grow, becoming an essential part of operations for companies around the globe. As a result, many professionals and aspiring supply chain enthusiasts are seeking educational opportunities to enhance their skills and knowledge. Two platforms that stand out in this field are SCMDOJO academy and Coursera supply chain courses , among many others.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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Spend Matters releases the Fall 2024 SolutionMap Insider featuring 93 procurement technology solutions and TPRM module launch

Spend Matters

Today Spend Matters is delighted to announce the release of its Fall 2024 SolutionMap and TechMatch SM procurement technology rankings, which include 93 procurement technology vendors. Known as the most data-centric functionality assessment of procurement technologies in the industry, SolutionMap Insider put these 93 procurement technology vendors through rigorous functionality and capability assessments via 500+ RFI requirements across 15 kinds of procurement technology solutions, with mandator

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An Industry Veteran Poses A Tough Question About The Future Of AI

Procurement Insights

Tom Craig – Finance took enterprise ERP and made it an accounting tool. And limiting how much and what used. It meant companies wasting money on the unused part they paid for. Will they limit AI the same way? Jon W. Hansen EDITOR’S NOTE: Take a few moments to access Tom’s original LinkedIn post and join the discussion stream by sharing your thoughts.

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Supply Chain Control Tower Case Study

Supply Chain Brain

Discover how TADA's AI-enabled digital twin technology drove $90M in total benefits for a Fortune 500 automotive manufacturer who was struggling with reduced visibility, poor risk management, and significant production disruptions.

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How to Cut Costs and Boost Efficiency in Your Supply Chain

Procurement Freelancers

For any company, supply chains are their bloodlines. Sometimes, inefficiencies can find their way in… The post How to Cut Costs and Boost Efficiency in Your Supply Chain first appeared on Procurement Blog | Procurement & Supply Chain News.

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The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.

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USPS ending delivery unit discounts for shipping partners

Supply Chain Dive

The agency has reached several new agreements with consolidators that align with its long-term transformation plan, despite concerns of service impacts.

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Calculating the Cost of Convenience in Facilities Management

Art of Procurement

“Everyone has an opinion about facility services in your buildings, so you’re always trying to accommodate multiple stakeholders and juggle. The post Calculating the Cost of Convenience in Facilities Management appeared first on Art of Procurement.

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A new series on Risk Management for procurement professionals

Spend Matters

For this year’s Spend Matters Fall 2024 SolutionMap release – our comprehensive methodology designed to help organizations evaluate and select procurement solutions – we launched a new module: third-party (and supply chain) risk management (TPRM and SCRM). This module is a data-backed granular view of risk management solution providers and their capabilities (including suites, supplier-management–centric, and TPRM and SCRM specialists).

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Using an agent-based implementation model significantly reduces the need for change management

Procurement Insights

EDITOR’S NOTE: The following is my comment regarding Andrea Sala’s LinkedIn post , in which she wrote, “Change management when implementing a Procurement platform from a very personal perspective. It boils down to listening and empathizing… ” Join us on Wednesday 25th at 11 am CET. To register [link] Here Are My Thoughts The emphasis on change management resulted from the insistence on utilizing an equation-based implementation model, which is why 80% of all initiat

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe