Procurement Insights
DECEMBER 30, 2023
EDITOR’S NOTE: Who are the Next Gen (Procurement) Rebels? Check out the article Procurement’s Most Wanted List: Who Are The Next Gen Rebels? to discover who these industry movers and shakers are. The best way to predict or anticipate the future of procurement is to talk to those professionals who want to influence the future versus being a spectator of it.
Supply Chain Brain
DECEMBER 20, 2023
As the landscape of supply chains grows increasingly complex and data-driven, the role of artificial intelligence becomes more critical in streamlining procurement processes.
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Supply Chain Dive
DECEMBER 14, 2023
The profession has growing needs for data and technology as well as general business skills, according to a recent survey by Gartner.
Procurement Insights
DECEMBER 27, 2023
EDITOR’S NOTE: Yesterday’s post certainly started to stimulate some thought-provoking feedback from people like Dave Jones and R.Gökhan Hüner. The following are their respective comments and my corresponding response. Dave Jones, MCIPS (and Next Gen Rebel) Great post. Failure to involve end users in tech decisions and subsequent implementation is the main reason things fail.
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.
Supply Chain Brain
DECEMBER 20, 2023
From scenario planning to relationship building, procurement teams are in a new era of risk management that will be crucial for long-term success.
All Things Supply Chain
DECEMBER 4, 2023
The holiday season is here, and businesses are working to provide the best customer experience through optimizing their supply chains.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Art of Procurement
DECEMBER 14, 2023
The Racketeer Influenced and Corrupt Organizations Act, better known as RICO, is usually associated with organized crime. In 1992, it. The post Reading FedEx Ground the RICO Act appeared first on Art of Procurement.
Supply Chain Dive
DECEMBER 18, 2023
Carriers' move to reroute or pause vessel transits could add time and monetary costs for shippers.
Procurement Leaders
DECEMBER 31, 2023
Today marks an inflection point for the world and for procurement. Climate change, artificial intelligence, geopolitical uncertainty, and demographic changes are among the trends reshaping the world as we know it. This great reshaping brings with it challenges, but also opportunities – especially for procurement. From driving down carbon emissions to embedding new autonomous AI technologies and reformatting supply chains, the function is one of the central enablers of these trends and the grow
Supply Chain Brain
DECEMBER 19, 2023
Every major commercial shipping line is rerouting vessels away from the Suez Canal in response to the recent series of missile attacks by Houthi militants in the Red Sea.
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.
All Things Supply Chain
DECEMBER 11, 2023
The US supply chain underwent huge changes as a result of Covid-19 pandemic and it has never fully recovered.
ProcurePort
DECEMBER 26, 2023
In the dynamic landscape of modern business operations, the Procure-to-Pay (P2P) process stands as a linchpin, connecting the various facets of supply chain management into a seamless and efficient workflow. P2P encapsulates a series of meticulously orchestrated steps that begin with the identification of a need for goods or services and culminate in the completion […] The post A Guide to Procure-to-Pay (P2P) Process appeared first on ProcurePort Blog.
Procurement Templates
DECEMBER 8, 2023
[link] The key changes Publishing requirements & supplier engagment Procedures Supplier Exclusion Transparency Preparing for changes What’s new? Consolidation – the Act consolidates the different procurement regulations under one Act. Direct Award – introduction of the ground to protect life where a Minister of the Crown considers it necessary and as such introduces regulations that a direct award is permitted.
Supply Chain Dive
DECEMBER 13, 2023
Data shows both carriers faced waning package volumes as pricing power shifted in their customers' favor.
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IBM Supply Chain Blog
DECEMBER 8, 2023
Last year, almost 200 million people shopped on Black Friday. Online alone, they spent more than $9 billion. This holiday season, shoppers are ready to shop again and they’re prepared to spend even more. Are your IT systems ready to handle any spikes and keep everyone jolly? Or are you worried that incidents—finicky apps, slow page loads or even downtime— might ruin the holiday spirit along with your bottom line?
Supply Chain Brain
DECEMBER 28, 2023
By adopting AI technology to analyze critical enterprise-wide contract data and gain insights into supplier practices, companies can identify red flags and deviations from compliance standards
All Things Supply Chain
DECEMBER 20, 2023
It’s that time of year again for recaps, and the All Things Supply Chain blog has traditionally joined in this positive habit.
ProcurePort
DECEMBER 15, 2023
In the ever-evolving landscape of financial management, precision is paramount. The complexities of modern business demand meticulous processes to ensure accuracy, especially in the realms of procurement and accounting. Two methodologies, 2-Way and 3-Way Matching, have emerged as critical players in this pursuit of financial integrity. This article explains the differences between matching systems and […] The post 2-Way vs. 3-Way Matching: What’s the Difference?
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?
Procurement Templates
DECEMBER 28, 2023
Have you seen the procurement jobs for Neom? Neom, a brainchild of Saudi Arabia’s visionary leadership, is an ambitious project aiming to forefront change in humanity’s future. With an estimated cost exceeding $500 billion, largely funded by Saudi Arabia’s government initiatives, Neom unfolds as a multifaceted initiative poised to revolutionize sectors globally.
Supply Chain Dive
DECEMBER 11, 2023
Carriers in ocean, air cargo, rail and trucking are launching new services and tweaking their networks amid evolving global trade flows.
SCMR (Supply Chain Management Review)
DECEMBER 21, 2023
Volatility is costly and disruptive to operations. Consumer packaged goods supply chains face volatile transportation flows due mostly to variations in consumer behavior, but technology can help smooth those flows.
Supply Chain Brain
DECEMBER 19, 2023
The transportation and logistics industry is still lagging far behind other sectors in taking basic steps toward automation of manual processes.
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
All Things Supply Chain
DECEMBER 6, 2023
Artificial intelligence (AI) in the workforce has significantly changed several industries. One of the sectors facing a major transformation is supply chain management.
ProcurePort
DECEMBER 11, 2023
Understanding the Purchase Order Approval Process At its core, a Purchase Order (PO) Approval Process is a structured workflow that organizations follow to authorize and monitor the procurement of goods and services. It typically involves several stages, including the initiation of a purchase request, creation and submission of a purchase order, and final approval from […] The post Maximizing the Advantages of a Purchase Order Approval Process appeared first on ProcurePort Blog.
Procurement Templates
DECEMBER 28, 2023
When you sometimes just want a physical sheet that you can scribble on and a nice planner to boot. Download and print Beige-Minimalist-Daily-Planner-procuremen-templates Download You might also like Team Meeting Agenda The post Daily Planner appeared first on Procurement Templates.
Supply Chain Dive
DECEMBER 7, 2023
The beverage giant is focused on efficiency in its operations and working with communities, Pepsi’s senior director overseeing water strategy told Supply Chain Dive.
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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.
SCMR (Supply Chain Management Review)
DECEMBER 11, 2023
Companies at the forefront of the circularity shift have begun identifying and investing in the new structures and processes required to replace linear business models. As these new market dynamics develop, industries will be able to go circular at a faster pace.
Supply Chain Brain
DECEMBER 19, 2023
While most supply chain disruptions have dissipated, continued challenges led to the White House giving supply chains another bump in the news cycle with its inaugural meeting of the Council on Supply Chain Resilience.
Let's Talk Supply Chain
DECEMBER 28, 2023
As the year draws to a close, we can look back on all the progress women in supply chain made this year and the powerful gains ahead. 2023 marks the year women in supply chain returned to the post-pandemic workforce in full force. These advancements turned heads at the C-suite and executive level. 26% of all executives, including CSO, SVP, EVP, and CPO positions, are filled by women—an all-time high up almost 20% from a year prior.
ProcurePort
DECEMBER 7, 2023
Efficiency and Accountability Boost: P2P is critical software that automates procurement, reducing mistakes and speeding up decision-making by removing manual inefficiencies. -Real-time visibility, data analytics, and integration with emerging technologies enhance efficiency, cost savings, and financial control, fostering transparency and accountability across procurement operations.
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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