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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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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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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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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GEP Spend Category Outlook Report 2025

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.

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Port of Long Beach ready for potential East Coast strike cargo diversions

Supply Chain Dive

Marine terminal operators are willing to extend gate hours if needed, CEO Mario Cordero said in a press conference.

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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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The Strait of Malacca: A Test of Global Supply Chain Partners

Supply Chain Brain

The Strait of Malacca stands as a critical, yet increasingly vulnerable, artery of global commerce.

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‘One day is too long’: Businesses fret over potential port shutdown

Supply Chain Dive

Executives are sounding the alarm that disruption at East Coast and Gulf Coast ports could have severe ripple effects.

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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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Modeling Piece Price Comparisons for Local and Regional Suppliers Versus Low-cost Country Initiatives

SCMDOJO

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach. I worried whether I could successfully convey the message that even with the great prices, the total cost for the parts would be more than what it would cost to source l

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5 Ways You Can Win Faster with Gen AI in Sales

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.

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Unlocking the Potential of AI in Evolving EDI Landscapes

Supply Chain Brain

EDI stands at the vanguard of digital supply chain evolution.

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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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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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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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From Reactive to Resilient: Charting Your Supply Chain Maturity

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.

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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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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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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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Coursera Supply Chain Courses vs. SCMDOJO Courses: A Comprehensive Comparison

SCMDOJO

At a time when businesses are evolving at a rapid pace, the significance of supply chain management continues to grow, becoming an essential part of operations for companies around the globe. As a result, many professionals and aspiring supply chain enthusiasts are seeking educational opportunities to enhance their skills and knowledge. Two platforms that stand out in this field are SCMDOJO academy and Coursera supply chain courses , among many others.

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The 2nd Generation of Innovation Management: A Survival Guide

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?

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The Revolutionary Role of AI in the Manufacturing Sector

Supply Chain Brain

As AI continues to spread throughout the manufacturing sector, its impact will only intensify.

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FedEx unveils 5.9% rate increase, surcharge hikes for 2025

Supply Chain Dive

Residential deliveries, two-day air shipments and bulky packages are among those targeted by the Jan. 6 price hikes.

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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.

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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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GEP Outlook Report 2025

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

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Amazon Launches End-to-End Supply Chain Services for Sellers

Supply Chain Brain

The service will be available for U.S. sellers for domestic pickups starting in October, and then for global pickups sometime before the end of the year.

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Fed rate cut unlikely to boost manufacturing until 2025, experts warn

Supply Chain Dive

The looming presidential election is still sparking uncertainty in the industry, pushing manufacturers to spend with caution.

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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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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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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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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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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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Enough with “Off The Record” Comments!

Procurement Insights

As I had indicated in the article below, I reached out to ORO Labs for comments. Unfortunately, I ran into the old “Off The Record” wall (or Stonewall). Here is my reply to Emily Rakowski , the Chief Marketing Officer for Oro Labs. (By the way, I had initially contacted Lalitha Rajagopalan – Oro’s Co-Founder, who immediately transferred me to Emily.

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Bullwhip Effect: How Does It Affect Supply Chain Management?

SCMDOJO

In supply chain management, the bullwhip effect occurs when slow-moving consumer demand at the retail level produces significant fluctuations in production at the manufacturer and supplier levels. Hence, it’s also referred to as demand amplification. One real-world example of the bullwhip effect is the sudden high demand for toilet paper amid the peak of the COVID-19 pandemic.

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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.