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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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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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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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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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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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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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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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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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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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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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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'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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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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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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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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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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Effective Small Business Hiring Strategies for 2025 | Ecommerce

Finale Inventory

In today’s rapidly changing ecommerce landscape, staying ahead is essential for small businesses. As 2025 approaches, hiring strategies will play an even more critical role in building strong teams capable of adapting to the latest trends. To succeed, business owners need to focus on the future of ecommerce and plan for effective staffing to meet the growing demands of the industry.

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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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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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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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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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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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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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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 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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‘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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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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Brave New World

Supply Chain Brain

Across industries, companies of all sizes are paralyzed in their strategic and investment decision making. In less than a decade, much of the conventional wisdom about global supply chains has been upended.

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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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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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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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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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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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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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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.