Sat.Sep 14, 2024 - Fri.Sep 20, 2024

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Keeping your supply chain on track with real-time data

All Things Supply Chain

Since the Covid-19 pandemic, supply chains have faced geopolitical tensions, environmental challenges and significant disruptions, like the bridge accident in Baltimore.

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CPO Crunch: See savings as a starting point

Procurement Leaders

Savings can be a dirty word in the complex, angst-ridden world of procurement. Ask your average CPO to talk about the issue and the chances are the conversation will quickly become derailed. Two reasons. First, many CPOs view savings as fundamental, but no longer strategically critical to their strategies. In many conversations I’ve had over the years, savings have been explained away as housekeeping, the basics, an enabler to procurement being trusted enough to drive more ambitious projects and

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Evaluating India as a Viable Alternative to China

Art of Procurement

“Folks from Dell to HP to Nike to Hasbro to Sony to Apple to Google to Goldman, they’re all looking. The post Evaluating India as a Viable Alternative to China appeared first on Art of Procurement.

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East and Gulf coast port strikes: A shipper’s guide

Supply Chain Dive

U.S. West Coast, Canada and Mexico ports are seen as viable alternatives if a threatened strike becomes reality on Oct.

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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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U.S. Warns Allies Russia Seeking to Disrupt Cargo Shipping Firms

Supply Chain Brain

Russian intelligence targeted several European countries with sabotage attacks, often by hiring local criminals, officials previously told Bloomberg News.

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Explore The Role of Technology in Strategic Purchasing

Procurement Freelancers

Strategic buying is essential for delivering cost effectiveness, encouraging innovation, and preserving a sustainable supply… The post Explore The Role of Technology in Strategic Purchasing first appeared on Procurement Blog | Procurement & Supply Chain News.

More Trending

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USPS reverses consolidation plans for 8 facilities

Supply Chain Dive

The agency will keep outgoing mail processing operations at plants in California, Florida and other states as part of its proposed transportation overhaul.

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'Alarm Bells Became a Fire Alarm': The Push to Save Oregon's Only Container Terminal

Supply Chain Brain

While there's still a long road ahead for Terminal 6, the outlook for saving container service in Oregon is rosier now than it's been in years.

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TechnoMile: Vendor Analysis — Contract lifecycle management solution overview, roadmap, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of TechnoMile and its contract lifecycle management (CLM) solution for government contractors. TechnoMile exists to give government contractors a better alternative to traditional CLM products. While these tools are often focused on the contract creation process for B2B transactions, B2G (business-to-government) contracts are written on federal paper and require more specific management.

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Dynamic Pricing: Definition, Types and How to Implement it in 2024

SCMDOJO

When determining the selling price of their goods or services, businesses may use a variety of pricing models and algorithms. One approach is dynamic pricing, in which an item’s price is continuously adjusted according to certain criteria. Developing an efficient pricing plan might be aided by familiarizing yourself with a dynamic pricing model.

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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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FedEx confident shippers will accept pricier holiday fees

Supply Chain Dive

Customers understand the shorter period between Black Friday and Christmas will pressure the carrier's network, Chief Customer Officer Brie Carere said.

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Surgical Precision in Supply Chain Management

Supply Chain Brain

This case study will demonstrate how an outsourced raw materials management and finished goods distribution solution can help a manufacturer maintain efficient material flow and reduce costs.

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

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of AvidXchange AP Automation solution. We also look at the voice of the customer and the elements to consider when looking at AvidXchange as a potential solution provider. Part 1 of the series provided a detailed overview of the AvidXchange solution. This content is for members only.

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Q: How Do You Choose The Right Solution Provider? A: 40 Plus Years And A Very Deep Archive

Procurement Insights

As I looked at your map, James Meads , I noted a couple of logos that looked familiar to me – one I initially covered in 2014 – Bonfire Interactive, a Euna Solutions Brand. Back then, they were just Bonfire. By the way, the beauty of archives – remember 40 years plus in this industry, is that it takes me very little time to do the following: 1.

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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.

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Temu and Shein can weather de minimis changes. Others may struggle.

Supply Chain Dive

The e-commerce giants are already diversifying their supply chains in the wake of the White House’s proposal to limit the exemption, but smaller businesses may have a tough time doing the same.

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Biden Admin Pushes to Curb Flood of Duty-Free Imports from Temu, Shein

Supply Chain Brain

Biden's proposal would make it so de minimis exemptions no longer cover any imports subject to current tariffs on a variety of low-value Chinese goods.

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Spend Matters releases the Fall 2024 SolutionMap Insider featuring 93 procurement technology solutions and TPRM module launch

Spend Matters

Today Spend Matters is delighted to announce the release of its Fall 2024 SolutionMap and TechMatch SM procurement technology rankings, which include 93 procurement technology vendors. Known as the most data-centric functionality assessment of procurement technologies in the industry, SolutionMap Insider put these 93 procurement technology vendors through rigorous functionality and capability assessments via 500+ RFI requirements across 15 kinds of procurement technology solutions, with mandator

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From Number 7 to Number 2: Because of You, My Faithful Readers (Thank You)

Procurement Insights

Here are 10 of the top procurement blogs in the industry, known for providing valuable insights, trends, and best practices: Spend Matters One of the most influential blogs in procurement, Spend Matters covers a wide range of procurement topics, including technology, supplier management, and sourcing trends. It’s also known for its in-depth analysis of procurement software.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Linehaul rates rise year over year amid challenging August

Supply Chain Dive

“However, year-over-year comparisons are little consolation for truckers looking for better pricing now,” DAT Chief of Analytics Ken Adamo said.

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Peak Season 2024: Projections, and Last-Minute Advice

Supply Chain Brain

It’s that time of year again. The supply chain industry is reading the numbers and making final projections and predictions for peak season 2024.

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AvidXchange: Vendor Analysis (Part 1) — AP Automation solution overview, company background, platform and services overview, modules and application overview

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of AvidXchange and its solution for AP automation. AvidXchange is a key player in the US market, focusing on middle-market companies with annual revenues between $5 million and $1 billion. With a substantial volume of more than 70 million transactions processed, the company specializes in AP automation tailored to the specific needs of US-based businesses.

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KFC, Coca-Cola and GenAI Secret Recipes?

Procurement Insights

I have yet to see a demo of anyone’s procurement GenAI platform that has surprised me or led to some revolutionary breakthroughs that have left me in awe. Don’t get me wrong, in my quest to find the handful of solution providers who get it, a few have really impressed me because they understand agent-based modeling and their potential for revolutionizing our industry with effective simplicity (versus hype cycle marketing content and graphics that are more confusing than revealing to

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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DOJ sues ship owner for $100M over Baltimore bridge collapse

Supply Chain Dive

The Justice Department alleged negligence by Dali’s owner and manager in court documents filed Wednesday, and said it intends to seek additional punitive damages.

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A ‘Shift-Left’ Strategy Moves Supply Chain Planning Further Upstream

Supply Chain Brain

Find out how common data elements, when standardized, can begin to connect design, production and logistics, and how modular digital twin “avatars” can apply an entire organization’s institutional knowledge and data in seconds to predict disruption, sense market opportunities and solve complex queries.

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Role of Stock Turnover Calculation in Inventory Optimization

SCMDOJO

Does it ever come into your mind how companies efficiently convert inventories into sales? What is the Stock turnover? How do you calculate the stock turnover ratio? What is the formula for the stock turnover to analyze the stock data? How will the stock turnover ratio show the current stock counts and the need for stock up to fulfill demand/ forecasting to different businesses?

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CPO Rising Listicle: Four Pillars of Strategic Sourcing

CPO Rising

Ardent Partners believes that there are “four pillars” that should serve as the foundation for any strategic sourcing program. These are the primary sub-process areas that drive all sourcing activity… The post CPO Rising Listicle: Four Pillars of Strategic Sourcing appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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Solar supply chain lifecycle gets boost with $40M in DOE funds

Supply Chain Dive

The money aims to boost sustainable management of solar modules at the end of their use, as concerns grow over how to deal with waste produced by the sector.

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Five Things You Need to Consider Before Pinning Your Supply Chain to the Ground

Supply Chain Brain

Supply chain strategy drives the decision-making process for network design, as well as industrial real estate required to make the supply chain work.

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Procurement 6 – September 20th, 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 – September 20th, 2024 appeared first on Art of Procurement.

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How Digital Thermo-Hygrometers Ensure Quality Control in the Supply Chain

SCMDOJO

In today’s globalized world, supply chains play a crucial role in delivering products to consumers. These supply chains are complex, involving several stages of production, storage, and transportation. One of the most important aspects of managing a supply chain is maintaining the quality of goods as they move through the system. Ensuring the right conditions, such as temperature and humidity, is key to preserving the quality of sensitive products like food, pharmaceuticals, and electronics.

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The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.