ProcurePort
FEBRUARY 1, 2024
In today’s business world, time is crucial and competition is fierce. Being efficient is not just an advantage, it’s necessary for survival. Organizations, big and small, try to navigate through complex situations, improve processes, cut costs, and maximize their employees’ abilities. Innovation and evolution create Procure-to-Pay process automation.
Procurement Templates
FEBRUARY 1, 2024
So, you’ve probably heard of the visionary architectural Neom Project. But what is it like to work in a country like Saudi Arabia? Saudi Arabia stands as a dynamic economic force in the Middle East, driven by its oil-rich resources and strategic investments in diversified sectors. Its Vision 2030 initiative reflects a commitment to economic transformation and diversification, creating a myriad of opportunities for both local and expatriate professionals.
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Procurement Leaders
JANUARY 28, 2024
As we, and more than 40 CPOs from our global community of leaders, embark on the process of judging the World Procurement Awards 2024 , it was a privilege to look through many of the entries before our panel of experts get stuck into the process this coming week. It’s reassuring and inspiring to see both the impact being made by procurement, but also the passion with which those working in the function are going about their business.
Supply Chain Dive
JANUARY 30, 2024
Risk is sparing no mode of transportation in 2024, as geopolitics, labor talks, freight demand and capacity fluctuations will continue to alter supply chain strategies.
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Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.
Supply Chain Brain
FEBRUARY 1, 2024
Remnants of a COVID-disrupted supply chain, economic choppiness, and pressure to lower prices have backed manufacturers up against a wall, and forced them to reconsider their approach to offshoring production.
SCMR (Supply Chain Management Review)
FEBRUARY 1, 2024
Reshoring Institute Executive Director Rosemary Coates got a first-hand look at Foxconn’s Tijuana manufacturing site and saw what is possible when companies invest in nearshoring.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Dive
JANUARY 30, 2024
The delivery giant doesn’t expect to rehire for those positions when volume rebounds, as it undergoes “a change in the way we work,” its CFO said.
Supply Chain Brain
JANUARY 28, 2024
By removing bottlenecks in the supply chain, companies can reduce inventory and operating expense, while enhancing throughput and overall effectiveness.
IBM Supply Chain Blog
JANUARY 29, 2024
Recent years have witnessed an explosion in the proliferation of self-storage units. These large, warehouse units have sprung up nationally as a booming industry because of one reason—the average person now has more possessions than they know what to do with. The same basic situation also plagues the world of IT. We’re in the midst of an explosion of data.
Spend Matters
JANUARY 29, 2024
For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. Our series runs from mid-December to end-January, then our senior analysts will wrap up with their own take on the key themes that emerge. In no order of preference, today let’s hear from Justin Dillon, CEO of supply chain risk management solution provider, FRDM , one of Spend Matters 50
Advertiser: GEP
As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.
Supply Chain Dive
JANUARY 29, 2024
Less than two weeks after undergoing corporate layoffs, the c-store retailer has hired BJ’s Wholesale Club’s former director of strategic sourcing and procurement.
Supply Chain Brain
JANUARY 31, 2024
Robotics and technology companies have doubled down on development of applications to support the supply chain, especially in the warehouse.
SCMDOJO
JANUARY 31, 2024
Are you considering a career in supply chain management? Curious about the salaries to expect? Look no further! In this article, we will explore the wide range of salaries in supply chain management, from entry-level positions to executive roles for each region. Supply chain management is a rapidly growing industry. It plays a crucial role in ensuring the efficient movement of goods from production to consumption.
Art of Procurement
FEBRUARY 1, 2024
In 2005, Amazon revolutionized eCommerce delivery expectations with their 2-day Prime delivery service. All of a sudden, every other retailer. The post The Drone Final Mile Becomes Reality appeared first on Art of Procurement.
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
Supply Chain Dive
FEBRUARY 1, 2024
The industry is at the beginning of a possible growth cycle, but manufacturers are likely to be slow to start hiring again, economists say.
Supply Chain Brain
JANUARY 29, 2024
Overall, the report found most executives are feeling optimistic about business. Less than 10% of respondents expected sales to decrease year-over-year.
Spend Matters
JANUARY 31, 2024
This Spend Matters Vendor Analysis gives an overview of Prewave, a solution built to reduce risks in supply chains. It offers a comprehensive risk assessment product that encompasses various risk dimensions, including operational risks (business continuity) and sustainability. Organizations must embed risk management in their practices as they navigate a business climate currently defined by increasing risk factors and disruptions, such as supply disruptions, rising costs and declining service l
SCMR (Supply Chain Management Review)
JANUARY 29, 2024
A study from global manufacturing tech firm TRIGO finds that one-third of late deliveries in aerospace manufacturing are the result of the end customer and not the supplier.
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.
Supply Chain Dive
JANUARY 31, 2024
Careismatic said that delays, high costs, rising competition and fast-falling demand after pandemic-driven highs created a liquidity crunch.
Supply Chain Brain
FEBRUARY 1, 2024
Brian Pacula, partner in the Operations Excellence practice of West Monroe, tells how manufacturers and supply chains are prioritizing their spend on technology in the post-pandemic era.
Spend Matters
JANUARY 30, 2024
For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. Our series runs from mid-December through January, and then our senior analysts will wrap up with their own take on the key themes that emerge.
IBM Supply Chain Blog
JANUARY 31, 2024
Sourcing isn’t just a concern for procurement teams. With rising consumer and stakeholder expectations around ethical and responsible supply chains, who supplies your organization’s goods and services is also a C-suite consideration. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers.
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Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.
Supply Chain Dive
FEBRUARY 1, 2024
Skills gaps and talent shortages are most severe in areas related to automation, AI adoption and the green economy, a new report says.
Supply Chain Brain
JANUARY 31, 2024
Want a guide for your warehouse automation journey? Download the 2024 Warehouse Automation Buyer’s Guide for Robotic Solutions now to compare prospective AMR companies, the technology they employ, and the overall effectiveness and functionality of each solution provided!
SCMR (Supply Chain Management Review)
FEBRUARY 2, 2024
The report’s benchmark metric, the PMI, came in at 49.1(a reading of 50 or higher indicates growth), up 2.0% over January’s 47.1 reading, contracting, at a slower rate, for the 15th consecutive month. The past 15 months of contraction were preceded by a stretch of 28 consecutive months of growth. ISM also said that the overall economy grew in January, at a faster rate, for the 45th consecutive month.
IBM Supply Chain Blog
JANUARY 30, 2024
Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. According to a recent forecast from Gartner (link resides outside ibm.com) worldwide end-user spending on public cloud services is expected to grow 20.4% to total $678.8 billion in 2024, up from $563.6 billion in 2023.
Advertiser: GEP
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.
Supply Chain Dive
JANUARY 29, 2024
The Industrial Innovation Fund is expanding its scope to include transportation-related investments, according to its director.
Supply Chain Brain
FEBRUARY 1, 2024
Over 15% of the aluminum produced in China comes from Xinjiang, a region where the government has conducted a “long-running campaign of repression against Uyghurs and other Turkic Muslim communities.
SCMR (Supply Chain Management Review)
JANUARY 30, 2024
BigCommerce VP of Business Development and GM of Shipping Matt Crawford sees the retail supply chain from many angles. He joins Supply Chain Management Review to discuss the state of the supply chain, e-commerce and the last mile in this 6 Questions With … feature.
IBM Supply Chain Blog
JANUARY 29, 2024
What if employees had the ability to effortlessly delegate time-consuming tasks, access information seamlessly through simple inquiries, and tackle complex projects within a single, streamlined application? What if customers had access to an intelligent, friendly virtual agent to provide answers and enable self-service experiences around the clock? This technological revolution is now possible, thanks to the innovative capabilities of generative AI powered automation.
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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.
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