Why Cybercriminals Target The Freight Industry
All Things Supply Chain
MAY 6, 2024
The transport of goods across the sea and across countries requires an intricate network of data to effectively get items delivered by their due date.
May, 2024
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CPO Crunch: Follow the money
Procurement Leaders
MAY 7, 2024
“So, you’ve mapped Tier-2. Now what?” This was the deliberately optimistic title of a very recent CPO community call that explored just how far into the supply chain our members have visibility. As we know, having knowledge of who our suppliers are is one thing, but it’s quite another to have a good understanding of who our suppliers’ suppliers are – not to mention those even further beyond.
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Procurement ethics – the dos and don’ts
ABC of Procurement
MAY 18, 2024
Especially for those new to procurement, navigating procurement ethics is sometimes complex. Here are the dos and don'ts. The post Procurement ethics – the dos and don’ts first appeared on ABC of Procurement.
How supply chains used FLOW after the Baltimore bridge collapse
Supply Chain Dive
MAY 15, 2024
C.H. Robinson, ITS Logistics, Home Depot and IMC Companies shared insights on the federal data-sharing platform designed to improve visibility of disruptions.
GEP Spend Category Outlook Report 2025
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.
Red Sea Risk Matrix: A Model for Managing Supply Chain Disruption
Supply Chain Brain
MAY 7, 2024
If you’re still viewing supply chain disruptions as one-off or random occurrences, you’re doing it wrong. These events are chronic and inevitable.
Evaluation Criteria for Professional Services
Procurement Templates
MAY 21, 2024
An example of typical evaluation criteria for professional services. Don’t forget this is a generic list and you will need to tailor it to your specific tender and ensure that it links back to the specification 1. Experience and Expertise (20 points) Number of years in business (5 points) Relevant industry experience (5 points) Technical expertise and certifications (5 points) Client portfolio and case studies (5 points) 2.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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CPO Crunch: The world’s best procurement gathering
Procurement Leaders
MAY 13, 2024
Over the course of the coming week, large swathes of the global procurement community will congregate in London to collaborate, challenge, celebrate and learn at the World Procurement Congress. It’s a hugely energising experience – an opportunity to inhale knowledge, grow networks, and challenge our current beliefs, approaches and trajectories. This year’s agenda is world-class in every sense, featuring a diverse group of speakers – from a who’s who of the global CPO community to four-time Olymp
The Vital Role of Integration in Spend Management Solutions
ProcurePort
MAY 6, 2024
Integration serves as the cornerstone of effective spend management solutions, facilitating seamless connectivity across disparate systems and data sources. By enabling enhanced visibility and automation, integration empowers organizations to optimize spending, strengthen compliance, and drive strategic decision-making. The Role of Integration in Spend Management In today’s dynamic business landscape, organizations face increasing pressure to optimize […] The post The Vital Role of I
USPS wants to make controversial changes to shipping partner deals this month
Supply Chain Dive
MAY 3, 2024
The agency's leader told consolidators on March 27 that he is pursuing agreements within 45 days on a plan that has sparked cost and service concerns.
Supply Chain Sustainability: It Comes Down to the Data
Supply Chain Brain
MAY 22, 2024
When it comes to environmental impact, the supply chain has a visibility problem — and not just between external partners.
5 Ways You Can Win Faster with Gen AI in Sales
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.
Procurement 6 – May 10th, 2024
Art of Procurement
MAY 9, 2024
Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – May 10th, 2024 appeared first on Art of Procurement.
Top Pain Points For Fleets in 2024
All Things Supply Chain
MAY 20, 2024
In the bustling world of construction, fleets of vehicles and equipment are the gears that keep projects moving forward.
World Procurement Congress 2024: We’re only just getting started
Procurement Leaders
MAY 20, 2024
And that’s a wrap! An incredible three days of inspiration, collaboration and networking saw the World Procurement Congress 2024 bring together more than 1,000 procurement rockstars in London, culminating in the glamour of the World Procurement Awards. What an experience, what an inspiration, what a community! It’s incredibly difficult to give justice to the sheer level of insight that was shared across the days of this event; the amount of progress that individual procurement executives will ma
DocJuris: Vendor Analysis — Contract analytics solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
MAY 6, 2024
This Spend Matters Vendor Analysis provides an overview of DocJuris and its contract analytics solution. DocJuris is a contract markup specialist that uses AI to expedite the contract review process. As a markup-focused solution, DocJuris aims both to save time spent reviewing documents and to identify potential risks based on preconfigured, customer-specific settings.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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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.
How CH Robinson is using AI to automate logistics management tasks
Supply Chain Dive
MAY 8, 2024
The broker hopes speeding up responses to emailed quote and appointment requests will improve productivity.
The Trends That Are Driving a Surge in Manufacturing M&A Deals
Supply Chain Brain
MAY 8, 2024
With inflation and interest rates easing, manufacturing investment is on the rise. Several large manufacturers have said they plan to increase capital investments and merger and acquisition deal-making in 2024.
Generative AI: Force Multiplier for Autonomous Supply Chain Management
The Network Effect
MAY 23, 2024
The post Generative AI: Force Multiplier for Autonomous Supply Chain Management appeared first on The Network Effect.
Energy Conservation and Environmental Regulations in Warehousing
All Things Supply Chain
MAY 13, 2024
Warehousing is an essential part of modern supply chain management, serving as a pivotal hub for storage, sorting and distributing goods.
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?
How rethinking RFPs has enabled an energy firm to harness new sources of innovation
Procurement Leaders
MAY 13, 2024
Challenge With global energy demand on the rise and fossil fuels continuing to make up most of the world’s power consumption, cutting emissions in the energy sector represents a formidable task. What’s more, the pathways for companies to reach net-zero are not necessarily clear. The scale and complexity of the challenge is such that businesses are looking far and wide for answers to it.
A CPO’s first 100 days: What to focus on and how to build a plan of attack
Spend Matters
MAY 24, 2024
As a member of senior management, we are expected to hit the ground running and show how we are driving change for the company. CPOs typically report to a C-Level member of the executive team, and being prepared before you arrive is critical. Many of us have our own beliefs for how to measure success, but I would argue that there are some fundamentals involving people, process, data and technology to exceed in our role and achieve company goals.
Coca-Cola turns to Microsoft’s AI services for its supply chain
Supply Chain Dive
MAY 2, 2024
The beverage giant signed a $1.1 billion deal as it explores the use of AI to streamline operations, boost efficiency and more.
Four Reasons Data Builds a Circular Supply Chain
Supply Chain Brain
MAY 5, 2024
Navigating a linear supply chain is like driving down a one-way, dead-end street — movement is forced down a singular path and there’s only one place to go: the garbage.
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
FPGA vs. GPU: Which is better for deep learning?
IBM Supply Chain Blog
MAY 10, 2024
Underpinning most artificial intelligence (AI) deep learning is a subset of machine learning that uses multi-layered neural networks to simulate the complex decision-making power of the human brain. Beyond artificial intelligence (AI) , deep learning drives many applications that improve automation , including everyday products and services like digital assistants, voice-enabled consumer electronics, credit card fraud detection and more.
Maria Villablanca Wants You to Find Your Passion and Your Tribe
Let's Talk Supply Chain
MAY 16, 2024
The final days of spring are numbered as we continue hurtling to the halfway point of 2024. How did we get here already? Supply Chain is no stranger to change, challenges, and yes, general chaos, but this year has been its own kind of animal charged by a strained global economy, shifting tensions across continents, and a major presidential election that could have resounding impacts across business and commerce this coming fall.
CPO Crunch: Contending with the complex new world
Procurement Leaders
MAY 2, 2024
Many years ago, I interviewed the CPO of a well-known consumer goods company. The CPO in question was relatively new to the role, full of enthusiasm and laser-focused on extracting innovation and value from the supply base, as you might expect. We spoke a lot about value creation, about supplier relationship management and about how he was structuring his team with that purpose in mind.
A proactive supply chain risk posture is increasingly necessary — and finally possible
Spend Matters
MAY 23, 2024
This content does not express the views or opinions of Spend Matters. There has been a steady stream of supply chain crises in the news this spring, from shipping delays in the Middle East due to regional conflict to the halting of semiconductor production in Taiwan and the upending of imports and exports out of Baltimore. Each unexpected event serves as a reminder to stakeholders across the supply chain that disruption is inevitable — but it doesn’t have to be unpredictable.
The Evolution of Control Towers to Command Centers
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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.
UPS and FedEx battle over small business customers while Amazon looms
Supply Chain Dive
MAY 13, 2024
The delivery rivals are fighting to gain share in the lucrative volume segment as their relationships with larger shippers evolve.
Diversifying Beyond China: An Imperative for Global Supply Chain Resilience
Supply Chain Brain
MAY 29, 2024
With supply chains facing increasing complexities and risks, a “China Plus One” sourcing strategy has emerged as crucial for businesses operating on a worldwide scale.
Responsible AI can revolutionize tax agencies to improve citizen services
IBM Supply Chain Blog
MAY 31, 2024
The new era of generative AI has spurred the exploration of AI use cases to enhance productivity, improve customer service, increase efficiency and scale IT modernization. Recent research commissioned by IBM® indicates that as many as 42% of surveyed enterprise-scale businesses have actively deployed AI, while an additional 40% are actively exploring the use of AI technology.
How Did AI Hurt Red Lobster But Help ALDI?
Procurement Insights
MAY 26, 2024
Under Kenny, Red Lobster also cut two of its longtime shrimp suppliers— and competitors to Thai Union — to purchase more shrimp from Thai Union at higher costs, according to Red Lobster’s bankruptcy filing. Kenny’s decision came “in apparent coordination with Thai Union and under the guise of a ‘quality review,’” Red Lobster said. These changes culminated in a $20 endless shrimp promotion in 2023 that would come back to haunt Red Lobster.
GEP Outlook Report 2025
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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