All Things Supply Chain
SEPTEMBER 25, 2024
With the global population expected to reach nearly 10 billion by 2050, as projected by the United Nations, and climate change threatening agricultural productivity, securing the global food supply chain…
Procurement Leaders
SEPTEMBER 23, 2024
A few years ago, I had a conversation with Gregoire Letort, the then CPO of Electrolux, who talked about how, when it comes to justifying investment in supplier innovation programmes, success comes down to storytelling rather than building robust business cases. His argument made sense for a number of reasons. First, supplier innovation is a no-brainer if you start with a reminder that the capability, knowledge and intellectual property that exists within the supply base far outstrips that of an
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Supply Chain Brain
SEPTEMBER 23, 2024
If East and Gulf Coast ports are forced to shut down, the U.S. could see inventory shortages, higher costs at grocery stores, and months-long container backlogs.
Art of Procurement
SEPTEMBER 26, 2024
I pre-interview about a dozen people each month for all of the podcasts produced by Art of Procurement. One thing. The post Developing and Deploying Digital Empathy appeared first on Art of Procurement.
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All Things Supply Chain
SEPTEMBER 23, 2024
Walmart is, with nearly $611.298 billion in fiscal year 2023, the biggest grocery chain in the United States. With over 10.400 stores worldwide, including 5.300 in the U.S.
Supply Chain Dive
SEPTEMBER 26, 2024
The International Longshoremen’s Association has refused to continue negotiations, the United States Maritime Alliance said in a statement Wednesday.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Spend Matters
SEPTEMBER 26, 2024
For this year’s Spend Matters Fall 2024 SolutionMap release – our comprehensive methodology designed to help organizations evaluate and select procurement solutions – we launched a new module: third-party (and supply chain) risk management (TPRM and SCRM). This module is a data-backed granular view of risk management solution providers and their capabilities (including suites, supplier-management–centric, and TPRM and SCRM specialists).
Supply Chain Brain
SEPTEMBER 27, 2024
Several terminals at the ports of Los Angeles and Long Beach remained closed on September 27, after a tractor-trailer overturned on a vital artery for cargo.
Supply Chain Dive
SEPTEMBER 23, 2024
The initiative won't impact on-time shipments, but it will allow the carrier to increase the number of deliveries it makes per stop, CEO Raj Subramaniam said.
Arkestro
SEPTEMBER 24, 2024
Achieving competitive outcomes in procurement is crucial for optimizing costs and ensuring high-quality supplies. In a recent discussion, Spend Matters Senior Analyst Bertrand Maltaverne and Arkestro Founder and CSO, Edmund Zagorin explored the nuances of procurement strategies, focusing on both traditional methods involving multiple suppliers and innovative approaches that leverage single-supplier engagements effectively.
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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.
Spend Matters
SEPTEMBER 24, 2024
A This content does not express the views or opinions of Spend Matters. Achieving competitive outcomes in procurement is crucial for optimizing costs and ensuring high-quality supplies. In a recent discussion , Spend Matters Senior Analyst Bertrand Maltaverne and Arkestro Founder and CSO, Edmund Zagorin explored the nuances of procurement strategies, focusing on both traditional methods involving multiple suppliers and innovative approaches that leverage single-supplier engagements effectively.
SCMDOJO
SEPTEMBER 23, 2024
Ever felt overwhelmed by paperwork in supplier onboarding? Managing documents, contracts, and certifications can be hard. Luckily, good document management, like using PDFs, helps a lot. But how can you organize these documents better for onboarding? Here’s a simple guide to help. Later you can learn why it’s important to combine PDFs into one document.
Supply Chain Dive
SEPTEMBER 25, 2024
East Coast and Gulf Coast seaports are extending hours and sharing contingency plans as they prepare for disruption.
Supply Chain Brain
SEPTEMBER 24, 2024
BNSF stopped issuing permits for trains carrying grain into Mexico between August 21 and September 20, before extending the policy through September 30.
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
Procurement Freelancers
SEPTEMBER 24, 2024
For any company, supply chains are their bloodlines. Sometimes, inefficiencies can find their way in… The post How to Cut Costs and Boost Efficiency in Your Supply Chain first appeared on Procurement Blog | Procurement & Supply Chain News.
SCMDOJO
SEPTEMBER 24, 2024
Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity. What is a Make vs Buy Analysis? Make vs Buy Analysis evaluates whether to manufacture a product in-house or purchase it from suppliers.
Supply Chain Dive
SEPTEMBER 24, 2024
BNSF and Union Pacific have paused shipments as demand outpaces capacity, setting up transportation challenges for exporters ahead of fall harvest.
Supply Chain Brain
SEPTEMBER 25, 2024
Traditional supply chain risk-management strategies are based on limited and static sources of insight, and often fail to support cross-functional collaboration
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.
Spend Matters
SEPTEMBER 26, 2024
In business, potential risk lurks everywhere, and procurement professionals need to be aware of what is out there. However, even a dip into the risks procurement professionals face can leave readers drowning in a sea of terms, definitions and acronyms. To help those still orienting themselves to the landscape of risk, we’ve broken down the main terms used to describe the various aspects of managing risk.
Procurement Insights
SEPTEMBER 26, 2024
Tom Craig – Finance took enterprise ERP and made it an accounting tool. And limiting how much and what used. It meant companies wasting money on the unused part they paid for. Will they limit AI the same way? Jon W. Hansen EDITOR’S NOTE: Take a few moments to access Tom’s original LinkedIn post and join the discussion stream by sharing your thoughts.
Supply Chain Dive
SEPTEMBER 27, 2024
The platform for e-commerce merchants features capabilities that support other carriers like UPS and the U.S. Postal Service.
Supply Chain Brain
SEPTEMBER 26, 2024
Managers are also looking to reduce their risk by diversifying their supply chains, with nearly 70% planning to develop new relationships with alternative suppliers.
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Spend Matters
SEPTEMBER 26, 2024
This content does not express the views or opinions of Spend Matters In today’s hyper-competitive landscape, customer experience is the silent force that can either propel a business forward or pull it under. Nowhere is this more evident than in accounts receivable (AR) collections, where the balance between managing unpaid debts and maintaining strong customer relationships is delicate but crucial.
Procurement Insights
SEPTEMBER 21, 2024
EDITOR’S NOTE: The following is my comment regarding Andrea Sala’s LinkedIn post , in which she wrote, “Change management when implementing a Procurement platform from a very personal perspective. It boils down to listening and empathizing… ” Join us on Wednesday 25th at 11 am CET. To register [link] Here Are My Thoughts The emphasis on change management resulted from the insistence on utilizing an equation-based implementation model, which is why 80% of all initiat
Supply Chain Dive
SEPTEMBER 26, 2024
The carriers reported disruptions Thursday in the Tampa Bay area as the hurricane advances along Florida's western coastline.
Supply Chain Brain
SEPTEMBER 25, 2024
The FAA identified several instances where Boeing workers cut corners, including one mechanic who used an improvised device to measure gaps between components.
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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.
Spend Matters
SEPTEMBER 25, 2024
In this Spend Matters Vendor Analysis we provide an overview of NPI and its solution for SaaS intelligence. Enterprise IT buyers face unique challenges and complexities due to lack of pricing transparency, increasingly high volumes of contract renewals and generally overwhelmed procurement teams. SaaS intelligence vendors such as NPI address these issues with a dedicated SaaS procurement management tool (that NPI augments with deep pricing intelligence) which helps organizations struggling with
Procurement Bulletin
SEPTEMBER 22, 2024
Intel To Build AI Chips for Amazon With help from the US CHIPS Act, Intel is flush with $3 billion to play with. Just in time as they secured a multi-year deal with Amazon , specifically AWS (the cloud services division), to produce AI Chips for the the tech giant. Want to Electrify Commercial Your Fleet? Wait, Read This First… As many logistics businesses have their heads down on how to be more “green” and strategize on how to electrify commercial vehicles, if you’re at this s
Supply Chain Dive
SEPTEMBER 26, 2024
The manufacturer is leveraging its logistics partnerships to help the nonprofit bring food to communities in need across Europe.
Supply Chain Brain
SEPTEMBER 22, 2024
Don’t wait for the next crisis to expose your vulnerabilities. Start implementing regular tabletop exercises within your organization today.
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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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