Procurement Leaders

AUGUST 19, 2024

Data has become the lifeblood of business. Much like ice-cold gelato on a summer’s day, leaders just can’t get enough of it. The challenge, as we all well know, is finding the right data, at the right time, and applying it to the right situations to elevate both the quality and impact of decision-making. But as a senior procurement performance manager at one FMCG company shared during a recent Data and Digital Strategy Cohort call, procurement could overcome this challenge by looking to both ext

Data 130

Data Price negotiations Procurement team Procurement 130

Supply Chain Queen

AUGUST 18, 2024

Beneath the surface of the forest floor lies a hidden marvel of nature—the mycelium network of mushrooms. This intricate web connects trees, plants, and other organisms, enabling them to exchange nutrients, information, and resources. Remarkably, this natural system operates with principles that can profoundly inform and improve human-engineered supply chains, particularly as we strive for.

Networking 130

Networking Supply chain Supply Sustainability 130

Art of Procurement

AUGUST 22, 2024

The need for freight, and its impact on humanity, can be traced back as far as the Silk Road across. The post Freight Electrification as a Service appeared first on Art of Procurement.

Procurement 132

Procurement 132

All Things Supply Chain

AUGUST 19, 2024

Picture a grand orchestra where each instrument must perform flawlessly to create a harmonious symphony.

Quality 130

Quality Supply chain Import Supply 130

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Supply Chain Optimization

Procurement Templates

AUGUST 22, 2024

A pipeline notice is intended to give the market place and indication or heads up of upcoming procurement opportunities for the following 18 months. Contracting Authorities are not bound by the information in the notice as this can change over time when requirements become clearer. Actual requirements are in the tender notice 93 Pipeline notices (1) This section applies in relation to any contracting authority that considers that, in the coming financial year, it will pay more than £100 million

Procurement 100

Procurement Contract Supply 100

Supply Chain Brain

AUGUST 18, 2024

Jeremy Michalek, professor of engineering and public policy at Carnegie Mellon University, reveals the results of a survey that tracked consumer sentiment toward various grocery delivery methods, including the use of autonomous vehicles and equipment.

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Supply Chain Trend

AUGUST 23, 2024

Planners make plans… With their plans they facilitate decision making in the S&OP process, rather than making decisions with a direct business impact themselves. Planning systems create plans…or schedules… The outcomes of advanced planning systems (APS), as advanced as they may be, are plans, schedules, analytics, insights, alerts, scenario’s, at best recommendations…not S&OP decisions!

supply chain software solutions 88

supply chain software solutions Supply chain Supply Data 88

Supply Chain Dive

AUGUST 19, 2024

The funds will support two separate projects meant to improve the port’s ability to distribute information to carriers, shippers and trucking companies.

Data 122

Data 122

Supply Chain Brain

AUGUST 18, 2024

It's hard to know whether peak shipping season started early, and trade volumes will level off soon, or if importers will continue bringing in more than usual.

Import 111

Import 111

Spend Matters

AUGUST 19, 2024

This Spend Matters Vendor Analysis gives an overview of True ValueHub, a costing solution built to enable companies to unlock incremental savings beyond what traditional methods and levers like e-sourcing, aggregation and low-cost country sourcing deliver. True ValueHub is a costing solution for direct materials that takes a very analytical approach to the process of identifying opportunities based on a material’s characteristics and suppliers’ capabilities.

Category management 106

Category management Buyers Influencing Sourcing 106

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

Procurement Freelancers

AUGUST 17, 2024

For small businesses, managing procurement contracts can be a difficult task. Effective contract management for… The post Master Procurement Contracts: Your Essential Small Business Playbook first appeared on Procurement Blog | Procurement & Supply Chain News.

Procurement contracts 90

Procurement contracts Contract Procurement Contract management 90

Supply Chain Dive

AUGUST 20, 2024

The offering for Fulfillment by Amazon users helps them avoid fees by simply having customers keep items, the company said.

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Supply Chain Brain

AUGUST 22, 2024

According to a release from the union, the dispute is over forced changes to terms and conditions for workers, including "inflexible" work schedules.

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Art of Procurement

AUGUST 23, 2024

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – August 23rd, 2024 appeared first on Art of Procurement.

Procurement 69

Procurement 69

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

Bidding

Procurement Insights

AUGUST 17, 2024

EDITOR’S NOTE: Here are the links to the insightful responses from Dr. Tony Bridger and Claud Egli to yesterday’s post. My reply is below. Claude Egli , Dr Tony Bridger , excellent points. When it comes to procurement, why do we need GenAI? How would it improve on the results of Traditional AI, such as the case example I provided? Remember the comments from a recent post – this one in particular – [link] “Procurement Practitioner – Senior Executive On the AI topic,

Eprocurement 59

Eprocurement Procurement Suppliers Risk 59

Supply Chain Dive

AUGUST 20, 2024

The charge is based on billable weight and will impact 12 other countries and territories, starting Sept. 15.

Import 137

Import 137

Supply Chain Brain

AUGUST 22, 2024

Many manufacturers are actively increasing investments in software designed theoretically to enhance productivity, work management and collaboration. Yet manual work is on the rise.

Collaboration 107

Collaboration Management 107

Finale Inventory

AUGUST 23, 2024

Technology continues to transform industries across the board. In the construction industry, QR (Quick Response) codes are gaining momentum as a valuable tool. These codes, which can be scanned using a smartphone or QR code reader, offer a variety of applications that can significantly improve efficiency and streamline processes in construction projects.

Supply Chain Efficiency 52

Supply Chain Efficiency Inventory supply chain software solutions Project management 52

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 Optimization

Procurement Express

AUGUST 23, 2024

Embracing Sustainability: A Business Imperative In the ever-evolving business landscape, sustainability has emerged as a critical factor that can no longer be ignored. As companies strive to balance profitability with environmental and social responsibility, the concept of ESG (Environmental, Social, and Governance) has become a guiding framework for organizations seeking to future-proof their operations.

Sustainability 52

Sustainability Supply Chain Optimization Supply Chain Efficiency Demand 52

Supply Chain Dive

AUGUST 20, 2024

Industry experts weigh in on AI, the election and other topics impacting shippers at Industry Dive’s virtual Supply Chain Outlook event.

Supply chain resilience 122

Supply chain resilience Supply chain Supply 122

Supply Chain Brain

AUGUST 19, 2024

There have been and will always be threats to the supply chain, and companies will always be managing moment-to-moment changes in the economic environment.

Supply chain 113

Supply chain Supply Management 113

Finale Inventory

AUGUST 23, 2024

Effective inventory management is crucial for businesses in the auto parts industry. As supply chains grow more complex and order fulfillment becomes more critical, a reliable inventory management system is essential. This article discusses the advantages of using an auto parts inventory management system, with a focus on the innovative solution offered by Finale Inventory.

Inventory 52

Inventory Management Supply Chain Efficiency Real-time Visibility 52

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Supply Chain Optimization

Procurement Express

AUGUST 23, 2024

The Changing Email Landscape In the ever-evolving digital landscape, the way we communicate through email is undergoing a significant transformation. For years, businesses have relied on email as a primary means of communication, from sending invoices and order confirmations to resolving payment disputes. However, a new set of regulations is about to shake up the email ecosystem, and it’s crucial for businesses to understand the implications.

Purchasing 52

Purchasing Risk Sourcing Import 52

Supply Chain Dive

AUGUST 22, 2024

With no new labor deal, Canadian National and CPKC locked out union workers shortly after midnight Thursday.

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Supply Chain Brain

AUGUST 19, 2024

When temperatures reach 82 degrees Fahrenheit, employers in California now have to institute a series of protections to keep workers safe from heat-related illnesses.

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Finale Inventory

AUGUST 23, 2024

Inventory management is key to the success of any ecommerce business. It involves tracking and controlling inventory levels to ensure optimal stock availability and minimize costs. By adopting effective inventory management practices, businesses can streamline their operations, reduce stockouts , and improve customer satisfaction. This article highlights the significance of inventory management in ecommerce and how training your employees using Finale Inventory can lead to success.

Inventory 52

Inventory Management Order Fulfillment Real-time Visibility 52

Advertiser: GEP

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.

Procurement

Positive Purchasing

AUGUST 23, 2024

10X your thinking at DPW Amsterdam 2024! Are you ready to think and act 10 X bigger than what you do now? Join us at DPW Amsterdam 2024 on 8-10 October where the concept of ’10X’ thinking takes centre stage. Taking place at the Beurs van Berlagein, DPW is the most influential tech event in procurement and supply chain. ’10X’ emphasizes the need for organizations to think and act ten times bigger than their current capacity.

Purchasing 52

Purchasing Supply chain Negotiation Procurement 52

Supply Chain Dive

AUGUST 22, 2024

An increase and early spike in imports such as toys, electronics and clothing was seen at the Port of Los Angeles, according to Executive Director Gene Seroka.

Risk 107

Risk Import 107

Supply Chain Brain

AUGUST 21, 2024

The Railway Association of Canada says that more than half of the country's exports are moved by rail, in addition to 70% of its intercity surface freight.

Export 105

Export Supply chain Supply 105

Finale Inventory

AUGUST 23, 2024

In the competitive business environment, asset tracking is key to maintaining efficiency and profitability in ecommerce businesses. As an ecommerce business owner, you know the importance of having precise and updated information about your assets. Asset tracking software is essential for achieving this. This guide will outline the significance of asset tracking in ecommerce and provide insights to help you choose the right software for your business.

Real-time Visibility 52

Real-time Visibility Inventory Budget Cost of ownership 52

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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.

Real-time Visibility