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 116

Procurement Supply chain Data Supply 116

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.

Procurement solutions 80

Procurement solutions Procurement Ethics Risk 80

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.

Supply chain 263

Supply chain Supply 263

Advertisement

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.

Real-time Visibility

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 122

Risk 122

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 112

Supply chain Supply 112

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.

Data 96

Data Sourcing Management Sustainability 96

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 125

Logistics 125

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 118

Supply chain resilience Supply chain Supply 118

Advertiser: GEP

Scope 3 emissions – which account for 70 – 80% of an organization’s emissions – are complex and multifaceted. They form the bulk of an organization’s environmental impact. It’s no surprise that enterprises still struggle to track and manage these emissions. '10 Practical Steps to Reduce Scope 3 Emissions' guides you through the essential phases of identifying, analyzing, and mitigating these emissions.

Supply chain

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

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.

Procurement solutions 94

Procurement solutions Procurement Procurement team Data 94

Supply Chain Dive

DECEMBER 21, 2023

The medtech company alleges that Western Shelter Systems quit crucial integration work for battle-ready CT scanners, hurting Siemens’ ability to supply the military.

Suppliers 112

Suppliers Supply 112

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 124

Risk management Risk Management Procurement 124

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

Sustainability

Supply Chain Trend

DECEMBER 22, 2023

We’ve entered an AI era where 76% of work can be augmented or automated. The IBP paradigm has hardly changed for 30 years, the decision needle has not moved enough. However, only 3% of companies apply automated execution and 7% autonomous end to end planning. 2% of managers apply best practice decision methods. Hardly a recipe for improving planning & decision making.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

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.

Procurement 91

Procurement Risk management Risk Management 91

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.

117

117

Supply Chain Brain

DECEMBER 18, 2023

By adapting their strategies, leveraging technology, and embracing innovative concepts like "keep it" returns and buy-online-return-in-store (BORIS) incentives, retailers can better manage the influx of returned items.

Management 107

Management Innovation Strategy 107

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

Logistics

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.

85

85

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.

Sustainability 90

Sustainability Procurement Risk management Contract 90

Supply Chain Dive

DECEMBER 18, 2023

Shipments from the fast fashion companies are frequently dominating export routes from China and Hong Kong, according to Xeneta’s chief airfreight officer.

Export 112

Export 112

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 111

Supply chain Logistics Supply 111

Advertisement

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

Supply Chain Efficiency

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.

Procurement team 84

Procurement team Leadership Negotiation Inventory 84

SCMR (Supply Chain Management Review)

DECEMBER 20, 2023

Risk councils bring together supply chain risk owners and other subject matter experts to analyze current risks, plan for emerging ones and evaluate control effectiveness.

Risk 83

Risk Supply chain Supply 83

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 125

Supply 125

Supply Chain Brain

DECEMBER 22, 2023

The survey aims to identify how American companies are sourcing legacy chips as the country looks to award almost $40 billion in subsidies for semiconductor chip manufacturing.

Supply chain 98

Supply chain Sourcing Supply 98

Advertiser: GEP

By 2027, Gartner predicts that 40% of sourcing will be handled outside of the procurement function. How can procurement pros ensure that the process is efficient and unified for all users? For a synchronized and democratized approach to procurement, leaders are embracing total procurement orchestration solutions. The What, Why and How of Total Procurement Orchestration details how a multi-level orchestration strategy streamlines procurement processes.

Procurement

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

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.

Risk management 80

Risk management Contract Risk Management 80

Supply Chain Dive

DECEMBER 18, 2023

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

139

139