All Things Supply Chain
JUNE 17, 2024
Critics of cradle-to-grave sustainability efforts have long hoped for simple, and easier alternatives when it comes to food packaging. Fortunately, the circular economy offers the perfect solution.
Procurement Leaders
JUNE 17, 2024
A couple of weeks ago, Procurement Leaders held a CPO Connect Call entitled “the death of category management” It was well attended – as one might expect, given the emotive title – with great discussion and debate about what the future might hold for the process. Many of my conversations with CPOs over recent months have focused on the core procurement process, procurement operating models and how change is required to help manage a new landscape.
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Procurement Templates
JUNE 21, 2024
There are always lots of negotiation books to read and I think I had head of the book called Never Split The Difference but I never bought it until something made me buy the book. It started with my googling my own web page Black Swan , I was thinking what’s my page ranking and how are my ads looking, instead of finding my web page I found an article written by The Black Swan Limited.
Supply Chain Dive
JUNE 18, 2024
There could be "devastating" impacts to delivery reliability if the Postal Service isn't prepared, the Association for Postal Commerce said.
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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
JUNE 16, 2024
AI, digitization and orchestration are among the most important developments in supply chain today, says Omer Rashid, vice president of operations development at DHL Supply Chain.
Spend Matters
JUNE 20, 2024
This content does not express the views or opinions of Spend Matters. As the digital landscape expands, the convenience of online transactions is shadowed by the increasing prevalence of payment fraud, paired with the traditional risk of fraudulent paper checks. With scams ranging from duplicate billing to false vendor invoices and overcharging, businesses face significant risks that can impact their financial integrity.
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
JUNE 17, 2024
There is even more help on the horizon with the power of generative artificial intelligence (AI) foundation models, combined with traditional AI, to exert greater control over complex asset environments.
Supply Chain Brain
JUNE 17, 2024
Tracking inventory solely within the four walls of a warehouse isn’t enough to stop shrinkage, says Eddie Misicka, vice president of product and solutions at OneRail.
Spend Matters
JUNE 17, 2024
In today’s fast-paced business environment, procurement professionals face many challenges, from managing supplier relationships to mitigating risks and controlling costs. To address these challenges, many organizations turn to source-to-pay (S2P) suites because they include a comprehensive suite of tools designed to optimize processes and enhance cross-functional collaboration.
SCMDOJO
JUNE 17, 2024
The power to guide supply chain challenges effectively is essential for any business in a difficult and fast-paced industry. According to statistics, the global supply chain control market is predicted to reach USD 37.41 billion by 2027. In charge of maintaining seamless processes and securing long-term success, current businesses must focus on stability and modification due to unexpected disorders and transforming market necessities.
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
JUNE 20, 2024
Trade growth from Tier 1 suppliers ahead of the facility's production launch increased the port's May activity.
Supply Chain Brain
JUNE 19, 2024
S upply chain leaders today can not only analyze the past and present to determine the likelihood of outcomes, but can also look to the future to manage them — a practice known as prescriptive analytics.
Procurement Freelancers
JUNE 18, 2024
Today’s global marketplace is fast-paced and ever-changing. Companies are focusing more on sustainability. The eco-friendliness… The post Top Sustainable Practices Every Sourcing Consultant Should Follow first appeared on Procurement Blog | Procurement & Supply Chain News.
Spend Matters
JUNE 18, 2024
Spend Matters is focusing on Intake and Orchestration as its main theme of deep research this quarter because we believe it is the fastest-growing procurement tech market segment today. If you’d like to understand more about what intake management and orchestration mean for procurement, read our Guide to Intake and Orchestration here. As part of our research we are conducting analyst-led analysis / thought leadership , solution provider deep-dive analyses , webinars , and interviews with both th
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
Art of Procurement
JUNE 20, 2024
In 2019, Pioneer Natural Resources, an independent shale oil producer in West Texas, was worth $24 Billion. Their CEO, Scott. The post Former Pioneer Oil CEO Scott Sheffield – Colluder or Scapegoat? appeared first on Art of Procurement.
Supply Chain Brain
JUNE 20, 2024
Over the last decade, the world has changed dramatically for manufacturers. But so has technology, with a host of new tools for streamlining operations, automating tasks and saving on costs.
Supply Chain Dive
JUNE 17, 2024
The grocer raised the number of approved certifications, saying it should give suppliers greater flexibility to meet quality standards.
Spend Matters
JUNE 17, 2024
Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of GEP’s S2C solution. We will also look at the voice of the customer and the elements to consider when looking at GEP as a potential solution provider. Part 1 of the series provided a history and overview of GEP’s S2C solution as well as the solution’s roadmap/vision.
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.
Procurement Freelancers
JUNE 16, 2024
Procurement isn’t just about finding the cheapest options. It’s a smart strategy that helps companies… The post How Sourcing Consultants Use AI for Better Procurement first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Brain
JUNE 18, 2024
The new whistleblower alleges that Boeing has lost track of hundreds of potentially defective parts, and that those parts have been installed in new planes.
Supply Chain Dive
JUNE 18, 2024
David Colyott joins the distilled spirits producer after a rocky few months that included net income drops and the closure of a Kansas distillery.
Spend Matters
JUNE 19, 2024
Earlier this week, 16-18 June, ESOMAR hosted its conference, The Art of Science and Innovation , in Chicago, Illinois. ESOMAR is a non-profit membership organization that explores key insights, analytics and research topics. The key themes of the conference were ongoing innovations such as AI and actionable analytics. The conference highlights were the presentations from various researchers, academics and other organizations on the latest developments in (generative) AI, as well as different mar
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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.
Procurement Insights
JUNE 21, 2024
What are your thoughts regarding the following statement: These companies had high valuations with little to no profits, riding the wave and hype of the new tech. A booming equity market funded them in the early 2020s, which came with cheap capital. When the money dried up, and these companies had no self-sustaining profits to continue operating , the crash finally came.
Supply Chain Brain
JUNE 19, 2024
When vetting potential suppliers and customers, it's vital to assess their risk-management profiles and strategies, says Danny Thompson, chief product officer at apexanalytix.
Supply Chain Dive
JUNE 21, 2024
The retailer's partnership with Agritask will provide information on blackberry and cherry crops grown by certain suppliers.
Spend Matters
JUNE 21, 2024
Intake and orchestration (I&O) solutions can transform initial customer requests and subsequent interactions for just about any business into streamlined, end-to-end, secure and transparent engagements. But these solutions are quite new to the market and as yet their definition and value is not very well understood, so it’s hard to make the case for investment.
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.
Art of Procurement
JUNE 21, 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 – June 21st, 2024 appeared first on Art of Procurement.
Supply Chain Brain
JUNE 18, 2024
Kearney's annual State of Logistics report estimates that sea level rise and inland flooding could cost the logistics industry billions annually by 2050.
Supply Chain Dive
JUNE 20, 2024
The $100,000 purchase will help build new services for shippers and carriers, Delivered CEO Andrew Hurst said.
Una
JUNE 19, 2024
EPISODE 170 Understanding Data and Risk in Decision Making with Blake Tablak By Kelly Barner | June 19, 2024 The volume of data available at our fingertips can sometimes create the illusion that any information is accessible, that decision making is improved, and that failure is avoidable. Once we get past that illusion and accept the reality of even data-driven decision making, we can finally be on the road to success.
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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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