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.
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.
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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.
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.
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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.
SCMDOJO
JULY 23, 2024
Machine downtime is a thorn in the side of your business, and it unfortunately happens more than you think. Did you know that over 83% of businesses experienced unplanned downtime in the last year? Machine downtime inconveniently halts production, causes stress, and can be avoided with proper planning. Keep reading as we discuss how you can avoid and reduce machine downtime to ensure no unexpected and stressful hiccups in your manufacturing process.
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.
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 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.
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.
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 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.
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
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.
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.
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.
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.
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
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
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
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.
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.
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.
Supply Chain Dive
JULY 23, 2024
The grocer is recommitting to automation tech after improved e-commerce results in its most recent fiscal quarter.
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.
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.
Supply Chain Brain
JULY 22, 2024
Why is the supply chain historically more siloed than other functions? And what can be done about it? Ashutosh Dekhne, Americas supply chain and operations practice leader with EY, offers guidance.
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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.
Supply Chain Dive
JULY 22, 2024
The capabilities focus on efficiency and labor productivity and signal that, despite slowing down the rollout of CFCs, the grocer’s work with the British company is far from done.
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.
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.
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.
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.
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-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.
Value Match
JULY 25, 2024
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Supply Chain Brain
JULY 21, 2024
Supply chain leaders are expected to increase investment in technologies over the next two years, but they must prioritize what they want to implement, says Carly West, senior director analyst at Gartner.
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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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