Art of Procurement
JULY 25, 2024
According to the New York Times, about 20 million containers move through the ports of Los Angeles and Long Beach. The post The Great Supply Train Robbery appeared first on Art of Procurement.
Supply Chain Brain
JULY 21, 2024
The progress of supply chains in adopting AI varies widely. So does the return on investment. But according to one recent study, there’s one strategy that guarantees failure: doing nothing.
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Procurement Leaders
JULY 22, 2024
A couple of years ago, the CPO of a major international chemicals company shared an image with me. At first glance, it was innocuous. Only when he pointed it out, did I notice a footprint on the floor of the factory that the image was of. And only after he had brought my attention to the scale of that footprint did it dawn on me that it belonged to a child.
Supply Chain Dive
JULY 26, 2024
The magnitude of the added fees surprised one analyst, but CEO Carol Tomé said the carrier's pricing is in line with anticipated demand.
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.
Spend Matters
JULY 22, 2024
Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Rosslyn’s spend analytics solution. It also looks at the voice of the customer and the elements to consider when looking at Rosslyn as a potential solution provider. Part 1 of the series provided a history and overview of Rosslyn’s spend analytics solution and its roadmap.
Supply Chain Brain
JULY 24, 2024
AI & ML technology integrations provide broad advantages for supply chain management.
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
JULY 23, 2024
The grocer is recommitting to automation tech after improved e-commerce results in its most recent fiscal quarter.
Spend Matters
JULY 22, 2024
This Spend Matters Vendor Analysis provides an overview of Rosslyn and its solution for spend analytics. In today’s rapidly evolving business landscape, procurement is no longer just about purchasing goods and services. It’s about strategically managing resources, optimizing supply chains and driving organizational value. As procurement’s role becomes more complex, the need for advanced tools to manage and analyze spending increases.
Supply Chain Brain
JULY 22, 2024
Both FedEx and UPS have warned customers to expect delays on package deliveries originally slated for the date of CrowdStrike's outage on July 19.
Procurement Freelancers
JULY 20, 2024
Companies that are heavily invested in sourcing should do their utmost to keep their logistics… The post Top 6 Trends Revolutionizing Supplier Auditing in 2024 first appeared on Procurement Blog | Procurement & Supply Chain News.
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.
Supply Chain Dive
JULY 26, 2024
Manufacturers “may kick the can down the road for certain capital investment decisions” as a result, Michigan State’s Jason Miller said during a panel discussion.
Finale Inventory
JULY 26, 2024
Maintaining an organized stockroom is vital for any ecommerce business. It ensures smooth operations and enhances efficiency and profitability. This guide covers the significance of a well-organized stockroom, basic organization principles, steps for effective organization, advanced strategies, and advice for businesses of various sizes. Understanding the Importance of an Organized Stockroom The Role of a Stockroom in Ecommerce A stockroom acts as the core of an ecommerce business, centralizing
Supply Chain Brain
JULY 25, 2024
The Drewry World Container Index composite of eight major trade lanes dropped 2.2% to $5,806 for a 40-foot unit, snapping a 12-week-long advance.
Procurement Freelancers
JULY 23, 2024
Suppose you discover a key that can transform the way your business acquires the products.… The post 5 Game-Changing Benefits of Strategic Purchasing first appeared on Procurement Blog | Procurement & Supply Chain News.
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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.
Supply Chain Dive
JULY 22, 2024
Discover how agricultural traceability is revolutionizing the food industry, empowering consumers with knowledge, boosting farmers’ revenues and paving the way for a sustainable future.
Finale Inventory
JULY 26, 2024
In the construction industry, effective organization and storage of materials is key for successful project management. With the growth of ecommerce and the increasing complexity of inventory management, companies require efficient systems to streamline their operations. Finale Inventory is a valuable tool that aids in organizing and storing construction materials.
Supply Chain Brain
JULY 24, 2024
The Glovis Sun — carrying a couple thousand cars as its cargo — had recently traveled around Southern Africa, before arriving at the Port of Zeebrugge on July 18.
Procurement Insights
JULY 26, 2024
Taking You Well Beyond A Solution Demonstration The meeting between Fahad Muhammad and Jon Hansen focused on the introduction and overview of the Teal IQ platform, its capabilities, data validation using AI and ML, data structuring, client feedback, and supplier benefits, including: Teal IQ product introduction Frequency of running Teal IQ reports Dynamic diagnosis Product demonstration Future plans.
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?
Supply Chain Dive
JULY 24, 2024
“Our supply chains are stronger, are more resilient, than they were three-and-a-half years ago,” he said during a keynote address Wednesday.
Finale Inventory
JULY 26, 2024
Year-end financial statements are pivotal for any business. They go beyond offering a snapshot of your company’s financial position at a specific time. These statements allow you to evaluate your business’s performance over the year, pinpoint areas needing improvement, and make informed future decisions. This guide covers the significance of year-end financial statements, their key components, best practices for preparation, and strategies for analysis and enhancement.
Supply Chain Brain
JULY 23, 2024
Abe Eshkenazi, chief executive officer of the Association for Supply Chain Management (ASCM), discusses the challenge of achieving true end-to-end visibility across global, multi-tier supply chains.
Fraxion
JULY 26, 2024
Adopting new software is a big decision for companies of all sizes. Not only will you have to transition your existing processes, you'll have to train your team and onboard them.
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 Dive
JULY 24, 2024
The port rotation will start in China and make a stop in South Korea before heading to Latin America.
Finale Inventory
JULY 26, 2024
In the fast-moving ecommerce environment, effective inventory management is vital for businesses to remain competitive. A key tool that can significantly enhance inventory management accuracy and speed is a barcode system. This article highlights the role of barcode systems in inventory management and provides guidance on implementing one using Finale Inventory.
Supply Chain Brain
JULY 25, 2024
The U.S. can’t have a vibrant “bio-based” manufacturing sector without an equally strong source of domestic materials to support it.
Art of Procurement
JULY 26, 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 – July 26th, 2024 appeared first on Art of Procurement.
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.
Supply Chain Dive
JULY 24, 2024
Stephanie Beal aims to refine processes to drive efficiency as the toy manufacturer implements a multi-year turnaround plan.
Finale Inventory
JULY 26, 2024
In the fast-paced ecommerce sector, efficient parts inventory management is vital for smooth operations and ensuring customer satisfaction. Finale Inventory helps you take control of your inventory and streamline your processes. This article covers top strategies for efficient parts inventory management with Finale Inventory, helping you optimize your operations and achieve business growth.
Supply Chain Brain
JULY 25, 2024
Massive waves brought on by typhoon rainfall reportedly sank the MT Terra Nova tanker on July 25, killing one crew member, with 16 others rescued.
Arkestro
JULY 25, 2024
Resources / Blog / Want Better Procurement Outcomes? Apply Game Theory Want Better Procurement Outcomes? Apply Game Theory Even if you’ve never heard of game theory, if you’ve played a board game that requires strategic thinking, trades, or payoffs, you’ve undoubtedly used it before. For example, in chess, you’ve most likely sacrificed lesser valuable pieces like pawns in exchange for more strategic positioning to set yourself up for future moves.
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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.
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