Sat.Aug 24, 2024 - Fri.Aug 30, 2024

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The (Lost) Art of Accepting Criticism

Art of Procurement

I’ve had a number of conversations recently about my content, not the content itself, but the process I go through. The post The (Lost) Art of Accepting Criticism appeared first on Art of Procurement.

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Latest research – Plotting the path to net-zero: Developing Scope 3 data capabilities

Procurement Leaders

In partnership with Emitwise: Businesses must elevate their capabilities – and those of their suppliers – to calculate supply chain emissions accurately

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professionals

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Preliminary Market Engagement Notice

Procurement Templates

17 Preliminary market engagement notices (1) If a contracting authority carries out preliminary market engagement, the authority must— (a) publish a preliminary market engagement notice before publishing a tender notice, or (b) provide reasons for not doing so in the tender notice. (2) A “preliminary market engagement notice” means a notice setting out— (a) that the contracting authority intends to conduct, or has conducted, preliminary market engagement, and (b) any other information specified

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Improving B2B Relationships Through Better Supply Chain Practices

All Things Supply Chain

As a supply chain manager, you understand the importance of reliability.

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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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UPS program cuts delivery days in more rural areas

Supply Chain Dive

Communities in three states are among those impacted by the initiative, which the company says will boost driver efficiency.

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CPO Crunch: Why CPOs oughta start thinking about water

Procurement Leaders

Many of us take access to fresh water for granted. It’s on tap. It’s recyclable. Readily available supplies mean it’s not something we have to worry about. Yet, as CDP’s Miriam Denis Le Seve and Sonya Bhonsle told Procurement Leaders members during a recent Risk and Sustainability Cohort Call, four billion people experience severe water scarcity for at least one month each year.

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Enhancing IoT Connectivity and Security in the Supply Chain and Logistics Industry

Supply Chain Brain

Embracing end-to-end, full stack IoT technology is pivotal for the future of supply chain and logistics management.

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Walmart to help sellers fulfill orders from third-party e-commerce sites

Supply Chain Dive

The Multichannel Solutions program deepens the retailer’s competition with Amazon, but there are some limitations to the service as it prepares to launch.

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IntelAgree: Vendor Analysis — Contract lifecycle management solution overview, roadmap, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of IntelAgree and its contract lifecycle management (CLM) solution. The provider offers end-to-end CLM capabilities and increasingly arises in conversations with practitioners at mid-market firms or large enterprises that are considering a CLM solution. IntelAgree focuses on using AI (including generative AI) to address contract management pain points.

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The Evolution of Warehousing: From Storage to Strategic Asset

SCMDOJO

The evolution of warehousing has been a fascinating journey, mirroring the broader transformation of supply chains. Warehousing has undergone a dramatic transformation, evolving from a simple storage function to a critical strategic asset within the modern supply chain. From simple storage facilities to strategic hubs of efficiency and innovation, warehouses have played a pivotal role in shaping the modern business landscape.

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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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Cargo Thefts in North America Jump 49% in First Half of 2024

Supply Chain Brain

Around 45% of cargo thefts were in California, while 36% of that share took place in what Overhaul calls the "Southern California Red Zone.

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Amazon equips sellers with more choice on trucking providers

Supply Chain Dive

Choosing a preferred carrier for LTL and truckload volume is now an option through Send to Amazon.

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Drawing the line between intake and orchestration

Spend Matters

Where exactly does intake end, and where does orchestration begin? Our analyst differentiates the two processes and draws a line between the comparisons. This content is for members only. Visit the site and log in/register to read. The post Drawing the line between intake and orchestration appeared first on Spend Matters.

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Top Reasons to Choose GEP Solutions for Procurement Needs

Procurement Freelancers

The success of an organisation depends on its ability to implement effective procurement procedures in… The post Top Reasons to Choose GEP Solutions for Procurement Needs first appeared on Procurement Blog | Procurement & Supply Chain News.

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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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Bringing AI to the Frontline: Practical Steps for Workforce Adoption

Supply Chain Brain

How can supply chain leaders implement artificial intelligence effectively, ensuring that their investments yield returns while empowering frontline workers?

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Labor board orders Canada’s railroads to resume operations Monday

Supply Chain Dive

While all parties pledged to comply, the Teamsters vowed to challenge the order in court.

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ISM: Navigating the Ethical Landscape of AI

Arkestro

As artificial intelligence (AI) continues to transform supply chain operations, it’s crucial for managers to understand not only the potential benefits but also the ethical implications and risks associated with adopting these powerful tools.

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ChatGPT-assisted Job Offer Analysis by NPV and Opportunity Cost

The Good Spending

Job offer quiz on LinkedIn I came across this question on LinkedIn. " You have 2 job offers on the table: A) £50k per year with a £12k bonus, work from home, but you live in Hull where the cost of living is low. You get a 10% employer pension contribution. B) In London, a dream job of £95k a year with only a 5% pension contribution. The cost of living is high, and you need to spend four days a week in the office.

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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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Will Anti-Greenwashing Laws Lead to More Responsible Business Practices — or ‘Greenhushing’?

Supply Chain Brain

A new Canadian law aims to stop businesses from making false or empty statements about their supposed commitment to environmental responsibility — the practice known as greenwashing.

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Harley-Davidson’s DEI rollback is a procurement mistake

Supply Chain Dive

The announcement could lead to blowback from suppliers, financial woes, and ultimately hamper supply chain resilience, writes Rich Weissman.

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What Does ChatGPT Have To Say About YOU!

Procurement Insights

In doing research for a client who will be giving a lecture in September, one point they will focus on is the power of your reputation. Putting together the discussion points and corresponding content they will cover, I suggested that it would be a neat exercise for everyone in the audience to ask ChatGPT: How respected is (enter your name) in the industry?

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Effective Inventory Forecasting and Demand Planning Strategies for Construction Businesses

Finale Inventory

In the construction industry, effective inventory forecasting and demand planning strategies are vital for businesses to succeed in a competitive market. These strategies have become increasingly important for construction companies to maintain efficiency and keep projects on track. This article discusses the key components and benefits of inventory forecasting and demand planning in the construction industry, as well as the challenges and opportunities that arise from implementing these process

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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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NLRB Denies Amazon Appeal Against 2022 Staten Island Union Vote

Supply Chain Brain

The union faces a long road to reach the bargaining table with Amazon, which already plans to challenge the NLRB decision.

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Powell says ‘time has come’ for rate cut, cites weakening labor market

Supply Chain Dive

The Fed chair did not indicate the size of a coming interest rate reduction, keeping alive a debate on how far policymakers will cut borrowing costs.

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What’s new in Fraxion: Accrual report

Fraxion

What’s new in Fraxion: Accrual report We’re excited to introduce the latest enhancement to our embedded spend analytics tool, Insights : a new accrual report. This detailed report significantly improves Fraxion’s accrual reporting capabilities, providing essential insights for financial planning and ensuring accurate accruals against the correct cost allocation structures.

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Automated Inventory System Explained: A Comprehensive Guide by Finale Inventory | Ecommerce

Finale Inventory

In the fast-paced ecommerce landscape, effective inventory management is key to success. Manual inventory processes cannot meet the demands of modern business. Automated inventory systems provide a solution by managing and controlling inventory with minimal manual intervention. This guide covers the fundamentals of automated inventory systems, their evolution, functionality, and the advantages they offer.

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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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The Logistics Labor Shortage: How to Become an Employer of Choice

Supply Chain Brain

Supply chain and logistics organizations are facing the hard reality of needing to stay productive and profitable amid the ongoing labor shortage.

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Canadian rail carriers’ recovery from work stoppage may take weeks

Supply Chain Dive

Embargoes put in place prior to the disruption have created freight backlog for Canadian National and CPKC.

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Sanitized Truth: What Does It Really Cost Us?

Procurement Insights

The following is a comment from a Procurement Director regarding yesterday’s post – Why Procurement Associations Are At Risk In 2025. My reply follows. Sanitizing Truth? Stephane Morel – Procurement Director | People & Projects | Strategy & Transformation | Processes & Digitization | Capability Development | Category & Supplier Mgmt. | Business Partnering | Change Mgmt.

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Guide to Inventory Management with Finale Inventory | Ecommerce

Finale Inventory

Managing inventory is a key aspect of running a successful ecommerce business. Without effective inventory management , you risk overselling, stockouts, and dissatisfied customers. That’s where Finale Inventory comes in. This guide highlights the importance of inventory management in ecommerce and how Finale Inventory can help streamline your operations.

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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.