Sat.Sep 23, 2023 - Fri.Sep 29, 2023

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Procurement vs. Warehouse – war or cooperation?

ABC of Procurement

Both Procurement and Warehousing are part of the Supply Chain. But so often their interest are exactly opposite. How to find the right balance? The post Procurement vs. Warehouse – war or cooperation? first appeared on ABC of Procurement.

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Unlocking Efficiency and Savings: The Benefits of E-Sourcing Tools in Procurement

ProcurePort

In today’s fast-paced business landscape, procurement plays a pivotal role in an organization’s success. Efficient procurement processes can lead to substantial cost savings, improved supplier relationships, and enhanced overall competitiveness. To achieve these objectives, many businesses are turning to e-sourcing tools, revolutionizing the traditional procurement landscape.

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9 Ways to Recruit Top Procurement Talent in Today’s Competitive Market

SCMR (Supply Chain Management Review)

Over the past year, there has been an uptick in procurement recruitment, a trend driven by global disruptions that exposed vulnerabilities in supply chains.

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The Market Speaks: Procurement practitioner requirements and the tech vendor response — Globality

Spend Matters

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

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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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Streamline Your Sourcing and Procurement for Success.

Procurement Freelancers

With companies becoming more competitive today, it’s important to improve sourcing and procurement processes. Increased… The post Streamline Your Sourcing and Procurement for Success. first appeared on Procurement Blog | Procurement & Supply Chain News.

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U.S. to Spend $1.4B on Railroad Infrastructure

Supply Chain Brain

Freight rail infrastructure has come under scrutiny recently amid derailments, accidents involving hazardous materials, and blocked crossings.

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Supply Chain Weekly Wrap-Up 09/22/2023-09/28/2023

All Things Supply Chain

Electric car rules could cost carmakers billions The European Automobile Manufacturers Association (ACEA) has warned that new Brexit trade rules related to electric vehicles (EVs) could cost European manufacturers £3.

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A Manufacturing Supercycle Has Begun

SCMR (Supply Chain Management Review)

Thanks to a trio of bills passed in the past few years, investment in U.S. manufacturing is at all-time highs, and that means the economy could be poised to take off again.

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Five Tactics for Enabling Smart and Sustainable Supply Chains

Supply Chain Brain

Data-driven, predictive and agile supply chains can help companies achieve their net-zero emissions goals by enabling end-to-end efficiency.

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Only 38% of businesses are tracking Scope 3 emissions: IBM report

Supply Chain Dive

Greenhouse gases used in supply chains represent the largest source of most industries’ carbon footprint, but many firms are just beginning to account for them.

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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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Real-time transaction data analysis with IBM Event Automation

IBM Supply Chain Blog

As the pace and volume of digital business continue to increase, organizations are facing mounting pressure to accelerate the speed at which they do business. The ability to quickly respond to shifting customer and market dynamics has become key for contending with today’s growing digital economy. In a survey run by IDC, a leading provider of global IT research and advice, 43% of technology leaders indicated that they were “planning to deliver innovative digital products and services

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How Home Depot is Meeting Green Goals

Procurement Bulletin

How Home Depot is Meeting Green Goals ESG has gained a lot of attention over recent years and Home Depot is showing other companies how they made use of purchase orders to help meet their green goals by working with manufacturers to move to battery-operated machines. Apple’s Failure to Build Key Part of New iPhones Apple has been working at moving away from external chip producers by designing its own chips for their products.

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Port of LA, Long Beach and Shanghai Planning Trans-Pacific Green Shipping Corridor

Supply Chain Brain

Under the plan, carrier partners will deploy reduced or zero lifecycle carbon-capable ships on the Trans-Pacific routes starting in 2025.

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The future is now: How AI improves operations in existing warehouses

Supply Chain Dive

Real-time location services allow supply chain leaders to use AI tools in their existing warehouses.

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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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The Competitive Expectations Behind the Google Antitrust Trial

Art of Procurement

Google is currently defending themselves in court because the U.S. Department of Justice claims they have violated the Sherman Antitrust. The post The Competitive Expectations Behind the Google Antitrust Trial appeared first on Art of Procurement.

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In observability, “automation” is spelled I-N-S-T-A-N-A

IBM Supply Chain Blog

Modern application environments need real-time automated observability to have visibility and insights into what is going on. Because of the highly dynamic nature of microservices and the numerous interdependencies among application components, having an automated approach to observability is essential. That’s why traditional solutions like New Relic struggle to keep up with monitoring in cloud-native environments.

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Lego Abandons Effort to Make Bricks From Recycled Plastic Bottles

Supply Chain Brain

The project to make bricks from recycled drinks bottles instead of oil-based plastic would actually have led to higher carbon emissions over the product’s lifetime, Lego said.

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FTC, 17 states sue Amazon for ‘exploiting its monopoly power’

Supply Chain Dive

The e-commerce giant defended the practices outlined in the lawsuit, saying they “spur competition and innovation across the retail industry.

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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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SAP Ariba: Vendor Analysis 2023 Update (Part 2) — S2C solution strengths and weaknesses, tech selection tips

Spend Matters

Part 2 of this Spend Matters Vendor Analysis 2023 update focuses on the strengths and weaknesses of SAP Ariba’s S2C solutions. We also look at the elements to consider when looking at SAP Ariba solutions as potential options. This content is for members only. Visit the site and log in/register to read. The post SAP Ariba: Vendor Analysis 2023 Update (Part 2) — S2C solution strengths and weaknesses, tech selection tips appeared first on Spend Matters.

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Closing the breach window, from data to action

IBM Supply Chain Blog

Accelerate threat detection and response (TDR) using AI-powered centralized log management and security observability It is not news to most that cyberattacks have become easier to launch and harder to stop as attackers have gotten smarter and faster. For those defending against cyberthreats, things continue to get more complicated. The list of challenges is long: cloud attack surface sprawl, complex application environments, information overload from disparate tools, noise from false positives

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Russia Expects 2023 Trade Volumes with China to Exceed $200B

Supply Chain Brain

Trade between China and Russia grew substantially during the first seven months of 2023 to $134.1 billion, a 26.5% increase compared to 2022.

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Flexe lays off 33% of its workforce

Supply Chain Dive

The job cuts are expected to begin in November in Seattle.

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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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Forecasting the Supply Chain Impact of Autoworkers’ Strike

SCMR (Supply Chain Management Review)

The longer the United Auto Workers remain out on strike, the greater the impact it will have on the automotive supply chain.

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Spatial computing is the next frontier in airline flight safety

IBM Supply Chain Blog

Flight delays are a frustrating aspect of flying. It’s a situation most can relate to: sitting in the terminal or on the tarmac wondering why your flight is delayed, with no answers or information. There are dozens of reasons why an aircraft could be delayed with safety being the underpinning reason for many of them. Suppose an aircraft incurs minor damage from a lightning strike or by coming into contact with ground equipment as it’s being towed or refueled, or it sustains damage fr

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Mexico’s Future as U.S. Go-To Trade Partner Depends on Investment, Infrastructure

Supply Chain Brain

The reason Mexico didn’t rise as a great near-shore market before was that supply chain resiliency just wasn’t top of mind in the last few decades, when landed cost was king.

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Zipline’s drone delivery plans expand with key FAA exemption

Supply Chain Dive

The company joins the likes of UPS in being able to operate commercial drones beyond the visual line of sight.

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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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SAP Ariba: Vendor Analysis 2023 Update (Part 1) — S2C solution overview, market analysis, company SWOT, competitors

Spend Matters

This is the first in a three-part series that covers SAP Ariba’s source-to-contract (S2C) offerings, a subset of SAP’s larger platform. Since its initial founding as Ariba in 1996, SAP Ariba has maintained a longstanding reputation in the digital procurement space for its downstream procure-to-pay (P2P) product. While Ariba’s pre-SAP Ariba history is complex, there is little doubt today that any procurement organization evaluating S2C offerings will have SAP Ariba on their longlist — and likely

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Open source large language models: Benefits, risks and types

IBM Supply Chain Blog

Large language models (LLMs) are foundation models that use artificial intelligence (AI), deep learning and massive data sets, including websites, articles and books, to generate text, translate between languages and write many types of content. There are two types of these generative AI models: proprietary large language models and open source large language models.

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Amidst Another Disappointing Peak Season, Manufacturers Increasingly Look to Data

Supply Chain Brain

Manufacturers can't prepare for everything, but they can prepare to be more agile when the inevitable disruptions occur.

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AI will revolutionize packaging, but strong controls are needed: Pack Expo speakers

Supply Chain Dive

“Packaging is the hardest piece to corral” due to the complexity of the sector’s data, said Specright founder and CEO Matthew Wright.

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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.