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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Ten steps to getting Procurement software for your Business

ABC of Procurement

Sooner or later, you will get the Budget to pick the next Procurement software for your Company. How to get the right one? The post Ten steps to getting Procurement software for your Business first appeared on ABC of Procurement.

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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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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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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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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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CPO Crunch: Stories > numbers

Procurement Leaders

A few years ago, I had a conversation with Gregoire Letort, the then CPO of Electrolux, who talked about how, when it comes to justifying investment in supplier innovation programmes, success comes down to storytelling rather than building robust business cases. His argument made sense for a number of reasons. First, supplier innovation is a no-brainer if you start with a reminder that the capability, knowledge and intellectual property that exists within the supply base far outstrips that of an

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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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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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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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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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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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CPO Crunch: See savings as a starting point

Procurement Leaders

Savings can be a dirty word in the complex, angst-ridden world of procurement. Ask your average CPO to talk about the issue and the chances are the conversation will quickly become derailed. Two reasons. First, many CPOs view savings as fundamental, but no longer strategically critical to their strategies. In many conversations I’ve had over the years, savings have been explained away as housekeeping, the basics, an enabler to procurement being trusted enough to drive more ambitious projects and

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Red Sea Route Under Siege: Escalating Conflicts Disrupting Global Logistics

All Things Supply Chain

The Red Sea, through which the Suez Canal connects Asia to Europe, has long been a crucial artery for global shipping.

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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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Peak Season 2024: Projections, and Last-Minute Advice

Supply Chain Brain

It’s that time of year again. The supply chain industry is reading the numbers and making final projections and predictions for peak season 2024.

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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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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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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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CPO Crunch: A brave new world calls for brave new strategies

Procurement Leaders

There’s no doubt that chief procurement officers are being asked to contribute to board-level discussions more frequently. There are many reasons for this, and a call last week with many of our CPO members identified what some of those are. CPOs have an ever-brightening spotlight shining on their ability to deliver resilience, financial return and ESG impact.

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Harnessing Remote Sensing to Secure Global Food

All Things Supply Chain

With the global population expected to reach nearly 10 billion by 2050, as projected by the United Nations, and climate change threatening agricultural productivity, securing the global food supply chain…

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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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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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Is Christmas Coming Early? Retailers and Consumers Seem to Be Making it So

Supply Chain Brain

Consumer shipping habits may be echoing retailers’ more cautious inventory strategies.

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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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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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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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CPO Crunch: Staying the course to net-zero

Procurement Leaders

When the US Securities and Exchange Commission (SEC) unveiled its climate-related disclosure rules back in March, one of the biggest talking points was the Commission’s decision to omit all Scope 3 emissions reporting requirements. This U-turn, which followed months of pressure to pare down the rules, demonstrates the uncertain landscape businesses face as they attempt to develop and execute their sustainability strategies.

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The amazing supply chain of Walmart

All Things Supply Chain

Walmart is, with nearly $611.298 billion in fiscal year 2023, the biggest grocery chain in the United States. With over 10.400 stores worldwide, including 5.300 in the U.S.

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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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Meeting Supply Chain Sustainability Standards in a Complex Regulatory Environment

Supply Chain Brain

Businesses are increasingly recognizing the need to integrate sustainability standards required by national laws deep within their international supply chains.

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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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Port of Long Beach ready for potential East Coast strike cargo diversions

Supply Chain Dive

Marine terminal operators are willing to extend gate hours if needed, CEO Mario Cordero said in a press conference.

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Mastering Competitive Outcomes in Procurement: Insights and Strategies

Arkestro

Achieving competitive outcomes in procurement is crucial for optimizing costs and ensuring high-quality supplies. In a recent discussion, Spend Matters Senior Analyst Bertrand Maltaverne and Arkestro Founder and CSO, Edmund Zagorin explored the nuances of procurement strategies, focusing on both traditional methods involving multiple suppliers and innovative approaches that leverage single-supplier engagements effectively.

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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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Navigating the Challenges of Supply Chain Disruptions in Global Manufacturing

All Things Supply Chain

In October 2021, roughly 90% of manufacturers reported that supply disturbances were slowing down business activity, but fortunately, this figure went down to 43% in May 2024 according to the…

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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