Procurement Leaders
AUGUST 12, 2024
In this Olympic year, it was fitting that we handed out some gold medals at Ovation – Procurement Leaders’ CPO summit that took place last month in the Netherlands. Sadly we didn’t have any real gold medals, but the construct of competition did provide the motivation for CPOs to recognise their peers who they believed were doing something extraordinary to drive progress in sustainability.
Supply Chain Queen
AUGUST 10, 2024
Sustainability strategies often revolve around two key concepts: adaptability and resilience. Both are crucial for creating sustainable systems, but they approach challenges in different ways. Here’s a breakdown of how each strategy works: Adaptability Adaptability focuses on the ability of a system or organization to change in response to new conditions.
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Supply Chain Dive
AUGUST 12, 2024
The agency's Priority Mail Services volume dropped by 40.7% for the quarter that ended June 30 as shippers moved to more cost-effective options.
Art of Procurement
AUGUST 15, 2024
Oceana is a marine conservation nonprofit that has focused on seafood mislabeling for years, or “fish fraud” as it is. The post Fishing for Truth in the Seafood Supply Chain appeared first on Art of Procurement.
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.
Supply Chain Brain
AUGUST 14, 2024
The concept behind Foreign-Trade Zones (FTZs) is not hard to grasp — they act as secured places for receiving cargo into the U.S. without incurring tariffs, yet. Then, there are multiple ways those tariffs can be reduced. And yet, many companies are failing to make the most of FTZs to reduce costs, because they’re intimidated by the legal and organizational hurdles.
All Things Supply Chain
AUGUST 12, 2024
A new study found that 90% of organizations are planning to enhance their ESG investments over the next three years, with a significant focus on improving data management systems using artificial…
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Spend Matters
AUGUST 15, 2024
This content does not express the views or opinions of Spend Matters. “Never waste a good crisis” is a phrase worth pondering in the realm of digital transformation for supply chains. Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change.
Supply Chain Brain
AUGUST 12, 2024
A survey from Gartner found that effectively responding to team resistance and incorporating feedback increased the odds of transformation success by 62%.
Arkestro
AUGUST 15, 2024
"Never waste a good crisis" is a phrase worth pondering in the realm of digital transformations for supply chains. Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change. Amid these challenges, there lies an opportunity: supply chain crises can catalyze buy-in and funding for much-needed transformation initiatives.
Supply Chain Dive
AUGUST 13, 2024
The box retailer’s cross border network provides full container load freight service from China to the U.S.
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.
Spend Matters
AUGUST 12, 2024
Part 1 of this Vendor Analysis provides a history and overview of Graphite Connect’s supplier management solution and gives the solution’s roadmap/vision. Part 2 focuses on the strengths and opportunities of Graphite Connect’s solution. It also looks at the voice of the customer and the elements to consider when looking at Graphite Connect as a potential solution provider.
Supply Chain Brain
AUGUST 15, 2024
Are we finally seeing the end of the longest freight recession in recent decades? It’s the question on everyone’s mind — and has been for over a year.
Procurement Insights
AUGUST 14, 2024
EDITOR’S NOTE: 75% of all solution providers will be gone by the end of 2025. Based on the above post, I was asked to provide a high-level overview of my take on the pending AI Bubble Burst and identify three companies I thought would emerge relatively unscathed and whole. As I am not generally a fan of the M&A game—or, as I call it, market share grabs to boost portfolios with replaceable parts, e.g., solution providers—I could not ignore the timing of the Jaggaer acquisition.
Supply Chain Dive
AUGUST 15, 2024
By modernizing the process, the company said it is also reducing customer costs and improving efficiency.
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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.
Spend Matters
AUGUST 12, 2024
This Spend Matters Vendor Analysis provides an overview of Graphite Connect and its solution for supplier management. Part 2 of this Spend Matters Vendor Analysis will focus on the strengths and opportunities of Graphite Connect’s supplier management solution, present customer comments and list the elements to consider when looking at Graphite Connect as a potential solution provider.
Supply Chain Brain
AUGUST 14, 2024
Staring down the looming threat of a work stoppage at East/Gulf Coast ports, retailers have opted for earlier shipping schedules in 2024.
SCMDOJO
AUGUST 15, 2024
Effective communication is paramount for success. Retail supply chains are complex networks that require seamless coordination among various stakeholders, including suppliers, manufacturers, and logistics providers. Email hosting has emerged as a pivotal tool in modernizing these communication channels, enabling real-time collaboration and data sharing.
Supply Chain Dive
AUGUST 12, 2024
The added costs, starting in October, will come as the e-commerce giant gears up for a shorter holiday shipping season.
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?
Skill Dynamics
AUGUST 12, 2024
Burnout is an issue that often remains silent until it’s too late. Heavy workloads, a skewed work-life balance, and a lack of overall job satisfaction can all contribute to feelings of unhappiness and exhaustion at work. One of the most powerful ways to combat burnout in your employees is to actively invest in their development. Upskilling programs give employees back a sense of direction and accountability in their work while showing them that the company truly cares about them.
Supply Chain Brain
AUGUST 14, 2024
Global investors are lasered onto China’s struggling economy, even as they also contemplate the possibility of a recession in the U.S.
SCMDOJO
AUGUST 10, 2024
The freight industry operates within a complex network characterized by numerous inefficiencies. To optimize operations, reduce costs, and minimize environmental impact, a multifaceted approach is required. This article explores key strategies for enhancing logistical efficiency and thus improving profitability and reducing cost. Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities l
Supply Chain Dive
AUGUST 12, 2024
The company is consolidating and updating its network, aiming at long-term margin gains.
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
Procurement Freelancers
AUGUST 10, 2024
Emerging businesses are always under pressure to streamline their processes, save expenses, and maintain a… The post How Procurement Consultants Enhance Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Brain
AUGUST 11, 2024
If you’re looking to get a glimpse into the future of technology for managing the pharmaceutical cold chain, pay attention to where investors are placing their bets.
The Good Spending
AUGUST 14, 2024
In our earlier posts, we discussed the applications of NPV analysis and opportunity cost. Now, we have developed a business case to present the combined use of both methods. Base Scenario: Upgrade of a Key Component This business case evaluates the financial implications of upgrading a key component in a new product line over 3 years. The focus is calculating the Net Present Value (NPV) of such an upgrade and comparing it with alternative investment opportunities.
Supply Chain Dive
AUGUST 16, 2024
The central bank at a meeting next month is expected to weigh cooling inflation against signs that the labor market is loosening up.
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.
Procurement Freelancers
AUGUST 14, 2024
Businesses must make the strategic decision to source locally or globally for their procurement needs… The post Global vs. Local Sourcing: A Procurement Team’s Guide to the Ups and Downs first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Brain
AUGUST 14, 2024
Procurement teams need to recognize their role in allowing service levels to fall, and to rethink how they approach their supplier relationships.
Pipefy
AUGUST 16, 2024
IT services are now more important than ever, and the complexity of these services has also increased due to the increasing integration of new technologies into IT infrastructure. In addition, the growing need for secure solutions for remote work and uninterrupted connectivity have created unprecedented challenges in providing organizations with the resources they need to remain competitive.
Supply Chain Dive
AUGUST 14, 2024
The latest action by CN impacts U.S. originating intermodal railcars destined for Canada, while CPKC will discontinue domestic reefer shipments.
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