Sat.Aug 03, 2024 - Fri.Aug 09, 2024

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Procurement CV – a rant (again)

ABC of Procurement

Do you want to create a CV that every Procurement Manager will notice? Here are some tips from someone who reviews and hires based on them. The post Procurement CV – a rant (again) first appeared on ABC of Procurement.

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Entrepreneurs Can Navigate the Essentials of Business Contracts With This Guide

All Things Supply Chain

Establishing effective business contracts is crucial for securing the foundations of any enterprise. These documents serve not only as safeguards but also as frameworks for clear operational guidelines.

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CPO Crunch: Descend in style

Procurement Leaders

A couple of weeks ago I hosted a CPO Connect call during which we spoke to Sandro Scharlibbe, the former CPO of tier-1 automotive supplier Brose and the newly appointed CEO of Küster Holding. Sandro will be well known to many in the Procurement Leaders community – not least for the many awards he and his team picked up during his time as CPO – but also the work he championed on supplier-enabled innovation, which helped inspire many activities we hosted back in the pre-Covid days.

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Pitney Bowes’ e-commerce logistics unit shutting down

Supply Chain Dive

The company will assist Global Ecommerce shippers in transitioning to alternative delivery options, interim CEO Lance Rosenzweig said Thursday.

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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.

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Ivalua: Vendor Analysis (Part 2) — S2C solution product-level strengths and opportunities, voice of the customer, competitors and market analysis, user considerations, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Ivalua’s S2C solution. We will also look at the voice of the customer and the elements to consider when looking at Ivalua as a potential solution provider. Part 1 of the series provided a history and overview of Ivalua’s S2C solution as well as the solution’s roadmap/vision.

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Embrace Uncertainty and Complexity with Decision Intelligence

Supply Chain Brain

With the rise of AI-driven approaches like decision intelligence, companies can invest in the necessary tools not only to keep up, but to thrive in an increasingly complex economy.

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Budget constraints may be behind hiring uncertainty in 2024, survey says

Supply Chain Dive

Although most hiring managers have a positive outlook on the remainder of the year, some reported their companies don’t have enough money to hire.

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Orchestrating the Chaos of Retail Fulfillment

Art of Procurement

“Every time I don’t have a delivery truck stop in front of your house, 800 grams of CO2 is never. The post Orchestrating the Chaos of Retail Fulfillment appeared first on Art of Procurement.

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South Africa Can Fix Backlogged Ports in a Year, Minister Says

Supply Chain Brain

The collapse of rail, ports and other infrastructure — exacerbated by years of poor governance — have hamstrung Africa’s most industrialized economy.

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Ivalua: Vendor Analysis (Part 1) — S2C solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

In today’s fast-paced business environment, procurement professionals face many challenges, from managing supplier relationships to mitigating risks and controlling costs. In the quest for operational excellence, organizations are increasingly turning to technology solutions to streamline their procurement processes and drive efficiency. To address these challenges, many organizations turn to source-to-pay (S2P) suites because they include a comprehensive suite of tools designed to optimiz

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

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.

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FLOW aids GE Appliances’ fast-growing logistics network

Supply Chain Dive

Joining the federal platform is one piece of the appliance manufacturer's larger supply chain strategy, VP of Logistics Marcia Brey told Supply Chain Dive.

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Sourcing Agents Secure Successful Procurement Negotiations

Procurement Freelancers

Vendor negotiations are an essential part of the complex procurement industry that can have a… The post Sourcing Agents Secure Successful Procurement Negotiations first appeared on Procurement Blog | Procurement & Supply Chain News.

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Building the Automation Framework

Supply Chain Brain

An accelerated and autonomous supply chain adapts and reacts by providing visibility across systems, streamlining workflows, eliminating silos, and enabling autonomous disruption management.

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Digital Procurement Transformation and Diminishing Returns

The Good Spending

Digitization vs. Digitalization vs. Digital Transformation In our earlier posts, we covered the notions of digitization and digitalization. We can add the digital transformation to this logical sequence as follows. So, if we plan to conduct digital transformation, it's OK to consider digitization as the first step, i.e., digitizing legacy processes and automating manual labor and paper-based activities.

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Freight Procurement Simplified: Bids from Hours to Minutes

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

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Shippers maintain diverse carrier mixes in 2024: project44

Supply Chain Dive

Retailers and direct-to-consumer companies aren't scaling back their options in a competitive delivery environment.

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Effective Inventory Management in Multiple Locations with Finale Inventory | Ecommerce

Finale Inventory

Effective inventory management is vital for the success of any ecommerce business. With rising customer expectations and the need for quick shipping, having a streamlined inventory management system is key. This article examines the significance of inventory management in ecommerce and how Finale Inventory can help businesses manage inventory across multiple locations efficiently.

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ILA Sets Date to Prep for Potential East Coast, Gulf Port Strike

Supply Chain Brain

The union for Atlantic and East Coast port workers is planning to meet in September to look over its final contract demands.

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Madison Avenue ooops. make that Gartner, names Oracle as a leader in supply chain planning

Procurement Insights

EDITOR’S NOTE: There seems to be an apparent rift between old-school and Generation Next workers within many analyst firms. When Gartner’s name came up during a recent conversation, I was immediately reminded of this post I wrote – including a short video in 2011. Back then, I upset a few people by writing the post, but it is still one of the most widely read posts in my archives.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

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.

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Rivian sees supply chain tailwinds from VW deal

Supply Chain Dive

CEO RJ Scaringe expects suppliers will offer more favorable pricing for several components, including chipsets and other hardware.

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Year-End Checklist for Small Business Owners: Ensure Smooth Operations with Finale Inventory | Ecommerce

Finale Inventory

As the year ends, small business owners face numerous tasks, from managing daily operations to planning for the future. One critical area that should be addressed during this busy period is year-end inventory management. Properly handling your inventory at year’s end is vital for the overall efficiency and success of your business. This article highlights the significance of year-end inventory management, key components of a year-end inventory checklist, and how you can use Finale Inventor

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100 Great Supply Chain Partners 2024

Supply Chain Brain

The latest supply-chain news, analysis, trends and tools for executives in the supply chain management industry.

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CPO Rising Listicle: Every CPO Is Facing Three BIG Questions

CPO Rising

Fridays (in 2024) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help… The post CPO Rising Listicle: Every CPO Is Facing Three BIG Questions appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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The Ultimate Guide to Transportation and Load Building Optimization

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.

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Canada’s rail networks edge closer to disruption

Supply Chain Dive

Soon after regulators said any labor action would be legal as early as Aug. 22, CPKC threatened to lock out some workers.

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9 Key Benefits of Asset Tracking with Finale Inventory | Ecommerce

Finale Inventory

In the rapidly changing ecommerce sector, asset tracking is vital for maintaining smooth business operations. By precisely monitoring and managing inventory and assets, companies can optimize their processes, enhance customer satisfaction, and boost profitability. Finale Inventory offers a robust asset tracking solution tailored for ecommerce businesses, making these benefits even more attainable.

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Shipping Industry 'Struggling to Keep Up' With Pressure to Cut Emissions

Supply Chain Brain

Starting in 2025, the EU will start requiring shipping companies to surrender their carbon credits covering 40% of their reported emissions.

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Procurement 6 – August 9th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – August 9th, 2024 appeared first on Art of Procurement.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

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.

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Kroger-powered Grocery Connect adds 2nd location

Supply Chain Dive

A third delivery center is slated to open in Q1 2025, with several more planned as the grocery looks to expand the service to more areas.

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Warehouse Equipment and Supply List: Get Your Free Inventory Checklist from Finale Inventory | Ecommerce

Finale Inventory

Ensuring smooth and efficient warehouse operations is vital for any ecommerce business’s success. A key element is having an updated warehouse equipment and supply list. This article covers the significance of such a list, necessary equipment for efficient operations, how the right supplies can streamline your warehouse processes, the advantages of using Finale Inventory’s free inventory checklist, and the impact of an organized warehouse on ecommerce success.

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Box First or Box Last? Punching Through Your Packaging Process

Supply Chain Brain

The complexity of order fulfillment is at an all-time high with warehouses utilizing technologies such as WMS, ASRS, AMR’s and AGV’s to manage, store, and move items throughout a systematic process with the goal of getting orders out the door quickly and accurately. But what about the shipping box?

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What is a “TRUE” procurement professional?

Procurement Insights

EDITOR’S NOTE: Today’s post is inspired by a timely post by Tom Mills. Great post, Tom Mills ! Procurement – real procurement begins on the ground floor at the strategy, policy, process, and execution stage. For example, check out this comment and the four case examples of what procurement should be first and foremost – [link] The following four are an example of what procurement professionals are all about: Patrick Michaud at InnovaCare Health David Latten at Logitech (R

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The Evolution of Control Towers to Command Centers

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.