Procurement Leaders
JULY 9, 2024
When it comes to ESG, there have been growing murmurs of discontent recently as political figures – predominantly in the US – attempt to push back on its growing influence. The arguments, which I won’t explore in detail here, are focused around whether markets are being manipulated and whether investors and corporations are being forced down a particular route unwillingly due to the reach of increasing regulation.
All Things Supply Chain
JULY 8, 2024
Traditionally, purchasing and supply management (PSM) has strongly relied on data management, as procurement managers need to dispose of, clean, and update data of different natures to compare suppliers’ performance,…
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Art of Procurement
JULY 11, 2024
For over a decade, one public-private partnership has worked to make lifesaving medicines available in the most remote parts of. The post Chasing a Common Supply Chain Objective: Saving Lives appeared first on Art of Procurement.
Supply Chain Brain
JULY 8, 2024
Growing environmental concerns, rising consumer expectations for ethical production, and increasing regulatory pressures are pushing businesses toward sustainable operations.
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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.
Spend Matters
JULY 8, 2024
This Spend Matters Vendor Analysis provides an overview of Luminance and its solution for contract lifecycle management (CLM). Luminance offers legal-grade AI for the full spectrum of document review, from generation and review to post-execution analysis. The Luminance AI enhances and expedites the entire contract lifecycle process, including drafting, negotiating and understanding key features of executed contracts, all while maintaining compliance.
Supply Chain Dive
JULY 11, 2024
The Danish toy maker is turning to suppliers to help cut emissions from its indirect operations, primarily its supply chain, as they make up the majority of its carbon footprint.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Brain
JULY 11, 2024
Several USB sticks with malware have been found plugged into computers on freight vessels in Norway, Greece and the Netherlands dating back to January.
Spend Matters
JULY 11, 2024
This content does not express the views or opinions of Spend Matters. Over 50% of organizations have automated their procurement processes, with around 35% using AI in procurement — an impressive increase from 29% in 2020. This evolution enables procurement teams to make superior decisions, initiate more events and cover broader ground without additional resources.
Arkestro
JULY 11, 2024
Over 50% of organizations have automated their procurement processes, with around 35% using AI in procurement — an impressive increase from 29% in 2020. This evolution enables procurement teams to make superior decisions, initiate more events, and cover broader ground without additional resources.
Procurement Freelancers
JULY 11, 2024
Have you ever thought about why certain companies always find the finest products at excellent… The post 8 Ways Sourcing Agents Save You Time and Money first appeared on Procurement Blog | Procurement & Supply Chain News.
Advertiser: GEP
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.
Supply Chain Brain
JULY 11, 2024
Organizations are struggling to secure the labor, knowledge workers and leaders they need to thrive — and logistics and supply chain-focused businesses have been hit particularly hard.
Spend Matters
JULY 10, 2024
Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.
Supply Chain Dive
JULY 12, 2024
The Gemini Cooperation was set to go into effect on July 15, but the agency determined the agreement lacks details on its potential competitive impacts.
Supply Chain Trend
JULY 12, 2024
Recently, I published below Decision-Centric S&OP infographic in collaboration with Marcia Williams. We had a lot of positive responses. A focus on decision making is not new. In the end, S&OP was created as an executive decision making forum. But I think we certainly can get more value out of understanding and framing our decisions better, orchestrating the decision making process, minimising bias, capturing decisions & learning from them.
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
Supply Chain Brain
JULY 8, 2024
An intense cold front bringing snow to some areas of the country is resulting in damaging coastal winds, rains and waves that threaten infrastructure.
Procurement Insights
JULY 8, 2024
One of the AI industry’s top experts and most vocal supporters had a few things to say on LinkedIn about yesterday’s post. The following exchange not only uncovers issues that need to be discussed openly, but it also makes for pretty good reading. Paul Baier Executive Fellow @HBS and CEO of GAI Insights | We help innovative AI leaders and vendors drive value with GenAI Jon W.
Supply Chain Dive
JULY 11, 2024
Volvo is the top automaker for steel and aluminum decarbonization, according to a report from Lead the Charge. Mercedes, Tesla and Ford follow.
Una
JULY 9, 2024
EPISODE 173 Savings Start at Home with Omid Ghamami By Kelly Barner | July 10, 2024 When procurement needs to deliver savings, the reflexive response is usually to go to market, approaching suppliers for discounts or putting a contract out to bid. While this approach works, the results often pale in comparison to what procurement can deliver by having internal conversations about specifications, requirements, and projected demand.
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.
Supply Chain Brain
JULY 9, 2024
Shein plans to sell supply chain technology to companies around the world, raising fears that sensitive logistics and customer information could be seized by the Chinese government.
Procurement Insights
JULY 12, 2024
Simon Frost • 1st Procurement Expert: Supply Security | Advanced Cost Modelling | Sustainable Sourcing | Category Management | Training & Coaching | Global Adventures Yesterday, I co-hosted a webinar with Expana on Cost Modelling. The webinar went extremely well: 240 attendees! + great feedback – But a concerning insight surfaced… We ran several poll questions, the first being: “The cost model training that my business offers is…” And the answers were: 5/5 – excellent = 1% 4/5 – above
Supply Chain Dive
JULY 11, 2024
The retail giant is opening five new high-tech perishable sorting and packaging centers, while upgrading four others and retrofitting another.
HICX
JULY 11, 2024
HICX has released its 2024 Voice of the Supplier Survey , building upon its 2021 predecessor, which revealed significant challenges faced by suppliers in working with some of the world’s largest businesses. Seeking to understand the current landscape, HICX conducted a new study to gauge the state of supplier experience today. Read also: Squeezing Suppliers Must Not Replace Shrinkflation The survey included responses from 1,000 suppliers serving large multinationals, typically with revenues excee
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Supply Chain Brain
JULY 10, 2024
As e-commerce giants Temu and Shein continue to gain traction in the U.S., Amazon is firing back with a low-priced store mirroring the model of their Chinese competitors.
Procurement Insights
JULY 11, 2024
What do you say about public sector procurement when you think no one else is around? I don’t know about you, but I am tired of slick multimedia productions with opening music, cool imagery, and crafted and filtered dialogue in which truthful insight is lost in a sea of neutrality and bland sales pitches that fail to stimulate dissenting, thought-provoking dialogue.
Supply Chain Dive
JULY 12, 2024
Brian Dykes faces the tough challenge of boosting shipping volumes without subsequently increasing costs, West Monroe’s Jeremy Tancredi said.
Finale Inventory
JULY 11, 2024
In the fast-paced ecommerce industry, efficiency and customer satisfaction are of utmost importance. This is where third-party logistics, or 3PL, comes into play. Understanding the role of 3PL in ecommerce and the benefits it offers can significantly impact the success of your online business. This article provides definitions, insights, and the significance of 3PL in the ecommerce landscape.
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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.
Supply Chain Brain
JULY 9, 2024
The smart parcel locker market is experiencing rapid growth amid increasing demand for efficient and secure package delivery solutions.
Procurement Insights
JULY 10, 2024
Ask a simple question – what is clean data? Some of the answers: “That’s a hard question to answer.” “It means you can have 100% trust in its accuracy.” “Speaking with procurement teams from all industries and sizes, we know that data quality is still a real challenge–they’re struggling with disparate systems, manual data entry processes, and they aren’t able to deliver all of the value to the organization that they would hope to.
Supply Chain Dive
JULY 10, 2024
A look at the ethical considerations of artificial intelligence technology in procurement, and the importance of investing in it.
ContractSafe
JULY 11, 2024
Artificial intelligence (AI) has taken the world by storm, and legal teams are racing to jump on board. It’s a technology that promises a complete overhaul of how the world works, from automating mundane tasks to generating human-like text and more.
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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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