Sat.Sep 09, 2023 - Fri.Sep 15, 2023

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Procurement and Sustainability: A Harmonious Partnership for a Greener Future

Procurement Templates

In an era marked by growing environmental concerns and the urgent need for sustainable practices, procurement has emerged as a pivotal player in fostering sustainability within organizations. Procurement, traditionally seen as a function focused on sourcing goods and services at the best possible prices, has now evolved into a strategic driver for sustainability.

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The power of diversity in procurement: Driving business success through inclusion — Part 3 (Technology)

Spend Matters

In today’s diverse society, businesses have a crucial role to play in fostering equality and inclusion. However, the business world often needs to improve to reflect the true diversity of society, both within companies and in their supply chains. To bridge this gap, organizations are increasingly embracing the concept of supplier diversity in their procurement processes.

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5 Common Myths About GPOs

Art of Procurement

At Categorypalooza 2023, Brian Halpin, VP and General Manager at Procure Analytics, led a session on the complexities and opportunities. The post 5 Common Myths About GPOs appeared first on Art of Procurement.

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The Market Speaks: Procurement practitioner requirements and the tech vendor response — SAP

Spend Matters

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

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GEP Spend Category Outlook Report 2025

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.

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Leveraging Procurement Software with ERP Integration

Fraxion

The advantage of procurement software with ERP integration Companies are looking for ways to stay competitive, and it is no secret that having efficient and streamlined processes is vital to staying ahead of the curve. One critical aspect of business operations is Enterprise Resource Planning (ERP), a comprehensive software system that integrates various departments and functions within an organization.

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Supply Chain Weekly Wrap-Up 09/08/2023-09/14/2023

All Things Supply Chain

Tesla reinvents carmaking with breakthrough Tesla is reportedly on the verge of a game-changing development in electric vehicle (EV) manufacturing.

More Trending

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THE BIG INTERVIEW WITH LAURA DANIEL

Procurement Heads

For Procurement Heads’ latest Big Interview, Laura spoke with Gemma Burman about her career in procurement and what challenges she and other procurement leaders currently face in the industry. How did you get into Procurement? So, like most people, I didn’t choose procurement. I think it chose me. I started my career at nPower, a large utility company.

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Dollar General braces for $95M profit hit as it clears inventory

Supply Chain Dive

While it works to reduce stock levels, the discounter is also investing in new planning tools to help manage flows at stores and distribution centers.

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Ramping Up Supply Chain Resilience with AI-Powered CLM

Supply Chain Brain

Business systems can’t operate with true effectiveness as stand-alone functions; they must work together for businesses to harvest the most value from their data.

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Where AI Actually Matters in the Supply Chain

The Network Effect

AI is big in supply chain management, but there are places it is ideally suited to, and other areas that are highly problematic. Ranjit Notani explains.

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5 Ways You Can Win Faster with Gen AI in Sales

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.

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What is ABC Classification? How to Calculate ABC Classification

SCMDOJO

Unlock efficient inventory management with ABC classification. Learn the steps, benefits, and use SCMDOJO's tool for quick analysis.

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Amazon unveils end-to-end supply chain services

Supply Chain Dive

Through Supply Chain by Amazon, sellers can have Amazon handle their logistics from manufacturers to customers.

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The Supply Chain Has a New Paradigm

Supply Chain Brain

Now volatility is end to end, and supply chain planning extends beyond order fulfillment to sustainability and resiliency. The good news: They’ve updated the operator’s manual.

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Digital Supply Chain Tops ASCM’s Top 10 Supply Chain Trends for 2024

SCMR (Supply Chain Management Review)

The ASCM top 10 supply chain trends for 2024 feature a new number one, but technology trends still dominate the top five overall.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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Powering the future: The synergy of IBM and AWS partnership

IBM Supply Chain Blog

We are in the midst of an AI revolution where organizations are seeking to leverage data for business transformation and harness generative AI and foundation models to boost productivity, innovate, enhance customer experiences, and gain a competitive edge. IBM and AWS have been working together since 2016 to provide secure, automated solutions for hybrid cloud environments.

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UPS, Teamsters deal could ramp up wage pressure for logistics firms

Supply Chain Dive

Rival FedEx has already laid out plans to increase wages for its employees in October.

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How to Create and Build a Cyber-Resilient Organization

Supply Chain Brain

Building a cyber-resilient organization is no longer something supply chains can wait to do or invest in over time. It has become a critical priority.

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The power of supplier diversity in procurement: Driving business success through inclusion — Part 2 (ROI)

Spend Matters

In today’s diverse society, businesses have a crucial role to play in fostering equality and inclusion. However, the business world often needs to improve to reflect the true diversity of society, both within companies and in their supply chains. To bridge this gap, organizations are increasingly embracing the concept of supplier diversity in their procurement processes.

Suppliers 101
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The 2nd Generation of Innovation Management: A Survival Guide

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?

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359: Women in Supply Chain, Alexis Mizell-Pleasant

Let's Talk Supply Chain

 In today’s episode of Women In Supply Chain, I’m joined by Alexis Mizell-Pleasant – editor, writer, content creator and veteran. Alexis served in the U.S. Navy as an Engineer and Supervisor in the Reactor department engine room onboard the USS Ronald Reagan, before embracing her passion for writing and pursuing a career in media. Benefitting from a diverse resume of communications experience, Alexis is currently Managing Editor of Food Logistics and Supply & Demand Chain Executive magazine

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Amazon Shipping has price edge over top carriers, execs say

Supply Chain Dive

The service won’t add peak season fees this year, unlike FedEx and UPS.

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Food Prices Resume Decline Despite Lingering Supply Threats

Supply Chain Brain

An index of food-commodity costs fell by 2.1% in August on subdued demand and good outputs of vegetable oils and milk.

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Ubotica partners with IBM for one-click deployment of space AI applications

IBM Supply Chain Blog

Space AI leader Ubotica Technologies is partnering with IBM to leverage IBM cloud infrastructure and watsonx.ai components, intending to simplify the process for a developer to get their application running onboard a satellite. With a single click, mutual customers will be able to securely deploy their AI models directly to satellites that use the Ubotica CogniSAT TM platform.

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GEP Outlook Report 2025

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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Analyst Eye on intake management solutions – Where are they going?

Spend Matters

The term ‘intake management’ has existed for years in a procurement context, but only relatively recently has its role become firmly implemented within the source-to-pay (S2P) software market. That is a result of the added value procurement is required to bring to stakeholders, the need for process user friendliness and adoption, and the so far weakly implemented management of the front end of the end-to-end procurement process.

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Supply Chain by Amazon: 5 takeaways from its annual seller conference

Supply Chain Dive

The end-to-end set of services' capabilities will continue to expand, company executives said at Amazon Accelerate.

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The Food Supply Chain at Risk: How Can We Secure it?

Supply Chain Brain

Enhanced visibility, paired with purpose-built tools designed to monitor the organization’s most critical applications, along with a strategic response plan, can help manufacturers stay ahead of the curve.

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The Cold, Hard Facts About Cold Chain Logistics

Art of Procurement

The term “cold chain” was first used in 1908 to describe meat industry storage and transportation in and out of. The post The Cold, Hard Facts About Cold Chain Logistics appeared first on Art of Procurement.

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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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Data breach prevention: 5 ways attack surface management helps mitigate the risks of costly data breaches

IBM Supply Chain Blog

Organizations are wrestling with a pressing concern: the speed at which they respond to and contain data breaches falls short of the escalating security threats they face. An effective attack surface management (ASM) solution can change this. According to the Cost of a Data Breach 2023 Report by IBM, the average cost of a data breach reached a record high of USD 4.45 million this year.

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Americans are burnt out at work and employers must step in

Supply Chain Dive

The majority of U.S. workers suffer from burnout, but companies can offer solutions like flexibility and bonuses.

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Key Considerations in Evaluating the Popular Near-Shoring Trend

Supply Chain Brain

Near-shoring operations shouldn't be done lightly, but only after looking internally at business goals and externally at the market to make an informed decision.

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3 steps to unlock spend synergies through unified language

Spend Matters

This content does not express the views or opinions of Spend Matters. As a procurement professional myself, I have witnessed and been part of many procurement teams of different maturity levels and sizes. Their shared mission? Enabling business objectives — whether it’s growth, innovation, cost-cutting, compliance or risk management — by gaining control over the addressable spend across the company.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

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.