Procurement Insights

DECEMBER 19, 2023

An article I wrote about Tide detergent reveals a secret that every solution provider should know – the power of a LOSS LEADER! Below is my reply to one of the many comments the article’s subject matter inspired. It also provides a direct tie-in to how procurement solution providers can stand out from what has become a mind-numbing competitive landscape.

Procurement solutions 72

Procurement solutions Price Procurement Budget 72

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.

Procurement 119

Procurement Supply chain Data Supply 119

Spend Matters

DECEMBER 19, 2023

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. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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Procurement solutions Procurement Ethics Risk 87

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.

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Supply chain Supply 263

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.

Category management

Supply Chain Dive

DECEMBER 18, 2023

Carriers' move to reroute or pause vessel transits could add time and monetary costs for shippers.

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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.

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Spend Matters

DECEMBER 20, 2023

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. We are highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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Procurement solutions Procurement Procurement team Data 102

Supply Chain Dive

DECEMBER 22, 2023

The company’s “Tricolor” initiative aims to serve e-commerce growth and shifting volume mix.

Networking 125

Networking 125

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.

Risk management 126

Risk management Risk Management Procurement 126

SCMR (Supply Chain Management Review)

DECEMBER 22, 2023

The Cleveland Clinic is the top healthcare supply chain according to Gartner, which also recognized the Mayo Clinic and Intermountain Health as Masters for their continued excellence.

Supply chain 96

Supply chain Supply 96

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.

Data

IBM Supply Chain Blog

DECEMBER 18, 2023

One of the largest sources of data is all around us—that is, geospatial data. This is information relating to the Earth’s surface, its climate, the people who live on it, its ecosystems and more. Geographic information systems (GIS ) visualize and make sense of this data, helping people and businesses better understand the patterns and relationships of our world.

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Data Sourcing Management Sustainability 96

Supply Chain Dive

DECEMBER 20, 2023

Smaller producers are snatching up market space left by supply constraints of Huy Fong Food’s popular spicy condiment.

Supply 117

Supply 117

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.

Supply chain 123

Supply chain Logistics Supply 123

Art of Procurement

DECEMBER 17, 2023

Long time listeners of the Art of Procurement podcast will know that the team hosts a related podcast, Dial P. The post 2023 Dial P for Procurement Year in Review appeared first on Art of Procurement.

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Procurement Risk management Risk Management 91

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supply chain budgeting

IBM Supply Chain Blog

DECEMBER 20, 2023

Hybrid cloud has become the IT infrastructure of choice, providing the interoperability and portability organizations need to access data where and when they need it. Yet navigating the complexities of building and managing a hybrid environment poses unique challenges. To capture the most value from hybrid cloud, business and IT leaders must develop a solid hybrid cloud strategy supporting their core business objectives.

Strategy 93

Strategy Real-time Visibility Data e2e 93

Supply Chain Dive

DECEMBER 18, 2023

Decades of investments in logistics infrastructure, trade deals and becoming a manufacturing hub are paying off as shippers look to nearshore production.

Logistics 116

Logistics 116

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.

Supply chain resilience 122

Supply chain resilience Supply chain Supply 122

Art of Procurement

DECEMBER 21, 2023

With all the recent buzz about electric vehicles (EVs), not to mention the push towards sustainability and emissions reduction, it. The post Troubling Times for Electric Trucking appeared first on Art of Procurement.

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Sustainability Procurement Risk management Contract 90

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?

Innovation

IBM Supply Chain Blog

DECEMBER 18, 2023

In the most recent version of its “Cloud Hype Cycle,” Gartner placed multi-cloud network operations in the “peak of inflated expectations, perilously close to the ‘trough of disappointment.'” While this may reflect the state of both hybrid and multicloud networking at an aggregate level, there is an abundance of nuance lurking underneath Gartner’s assessment.

Networking 87

Networking Data Innovation Management 87

Supply Chain Dive

DECEMBER 22, 2023

Using alternative routes like the Cape of Good Hope not only means longer transit times but higher freight costs. Here’s what shipping experts had to say.

Risk 114

Risk 114

Supply Chain Brain

DECEMBER 20, 2023

Almost a fifth of global container trade has already diverted away from the Red Sea and Suez Canal.

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Spend Matters

DECEMBER 18, 2023

This Spend Matters Vendor Analysis provides an overview of Gatekeeper and its contract lifecycle management (CLM) and third-party risk management (TPRM) solution. A fast-growing provider, Gatekeeper offers an interesting value proposition, combining CLM with native TPRM functionalities, two areas that are often linked but usually addressed with disparate software tools.

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Risk management Contract Risk Management 87

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

Supply chain

SCMR (Supply Chain Management Review)

DECEMBER 19, 2023

Free Trade Zones offer opportunities to bring the global market to local markets, creating jobs and innovation around the world.

Innovation 87

Innovation 87

Supply Chain Dive

DECEMBER 19, 2023

“Our year-end growth reflects the strength of the U.S. economy powered by the American consumer,” said Port of Los Angeles Executive Director Gene Seroka.

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Supply Chain Brain

DECEMBER 18, 2023

Traditionally, it’s been tough to gather detailed, timely feedback on employees’ experiences, mood, suggestions and likelihood of quitting. Until now.

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Procurement Insights

DECEMBER 22, 2023

Click the Image Below To Watch the Video Behind your words, Kate Vitasek , you have indirectly hit on the main reason why most procurement digital transformation outcomes disappoint CPOs. Here is an excerpt from the article “Why it’s time for service provider leadership to step out from behind their organizations’ logos” – [link] “Instead of company names, we should know the names of the people behind each one.

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Procurement team Leadership Negotiation Inventory 84

Advertiser: ZoomInfo

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

Buyers

SCMR (Supply Chain Management Review)

DECEMBER 18, 2023

Traditionally, vendors viewed vendor compliance as a burdensome cost. Truthfully, it is to a certain extent. But it also can be an investment that can be turned internally and used to benefit the vendor company widely.

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Supply Chain Dive

DECEMBER 20, 2023

As e-commerce sales surge during the holidays, retailers are re-evaluating how returns affect their inventory management and supply chains.

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Inventory Supply chain Management Supply 102

Supply Chain Brain

DECEMBER 18, 2023

BP is the first oil company to directly halt its own shipping, after five major ocean carriers halted service through The Bab al-Mandab strait.

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Procurement Insights

DECEMBER 18, 2023

EDITOR’S NOTE: The following is my comment to a LinkedIn post by Kimberly-Clark ‘s Rajesh Kumawat ABACUS Timing is everything. In another discussion stream, I just provided the following response that aligns with Tamera Fenske ‘s “backbone of the company” comment: NOW you have given me something to consider, e.g., Google Gemini.

Supply Chain Optimization 84

Supply Chain Optimization Procurement Data Supply chain 84

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Supply Chain Optimization