Procurement Leaders

JULY 29, 2024

Last month, I spoke about how important it is for companies to collaborate with one another – and, of course, with their suppliers – if they are to make meaningful progress on reducing their Scope 3 footprint. As members of Procurement Leaders’ Risk and Sustainability Strategy Cohort gathered last week to discuss this topic in more depth, a sustainable procurement executive at one chemicals company illustrated both the scale of the challenge – and the potential power of thinking collaborativel

Sustainability 130

Sustainability Collaboration Procurement team Suppliers 130

Supply Chain Dive

AUGUST 1, 2024

The companies are rolling out nationwide pickup and delivery in as little as 30 minutes for the grocer’s banners and offering same-day delivery for Haggen Food & Pharmacy in Washington.

130

130

Art of Procurement

AUGUST 1, 2024

When you read news that a company is thinking about spinning off a division, it is usually because that division. The post Will FedEx Freight hit the open road? appeared first on Art of Procurement.

Procurement 116

Procurement Contract Sourcing 116

Supply Chain Brain

JULY 31, 2024

Better communication is needed about the flow of drugs, from the manufacturer, through the distribution network to the hospital and, at the end, how those medications are being prescribed.

Supply chain 119

Supply chain Networking Supply 119

Advertisement

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.

Supply Chain Optimization

Procurement Freelancers

JULY 31, 2024

When businesses want to purchase goods or services, they often use bids and tenders to… The post The Ultimate Guide to Bids and Tenders for Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.

Bidding 98

Bidding Purchasing Supply chain Procurement 98

Supply Chain Dive

JULY 31, 2024

Early user engagement, solution champions and user groups can help sustain implementation, said Jennifer Peters, director of BI and data analytics at Nestlé Purina.

Sustainability 118

Sustainability Data 118

Supply Chain Brain

JULY 28, 2024

There’s a slow-speed race going on to determine which “green” alternative marine fuel will prevail in the years ahead — and it’s far from clear who the winner will be.

118

118

Procurement Freelancers

JULY 31, 2024

Navigating complex markets can be difficult for organizations in the fast-paced business environments of today.… The post Best Practices in Strategic Purchasing for Complex Markets first appeared on Procurement Blog | Procurement & Supply Chain News.

Purchasing 98

Purchasing Supply chain Procurement Supply 98

Supply Chain Dive

AUGUST 2, 2024

The e-commerce giant wants products in a week earlier than in 2023 as it looks to maintain fast Prime delivery speeds during its busiest time of year.

Inventory 121

Inventory 121

Spend Matters

JULY 29, 2024

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Airbase’s procure-to-pay (P2P) solution. It also examines customer reviews and the elements to consider when looking at Airbase as a potential solution provider. Part 1 of the series provided a history and overview of Airbase’s P2P solution as well as the roadmap/vision for the solution.

Market analysis 94

Market analysis Procurement Purchasing 94

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

Supply Chain Brain

AUGUST 1, 2024

Porsche expects the disruptions to affect every vehicle it manufactures, and says that it could be forced to temporarily shut down production for one or more of its vehicle series.

Suppliers 105

Suppliers Supply 105

Art of Procurement

AUGUST 2, 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 2nd, 2024 appeared first on Art of Procurement.

Procurement 69

Procurement 69

Supply Chain Dive

JULY 30, 2024

The automaker expects disruptions to continue for several weeks, possibly leading to a manufacturing shutdown for certain vehicle series.

Suppliers 126

Suppliers 126

Spend Matters

JULY 29, 2024

This Spend Matters Vendor Analysis provides an overview of Airbase and its solution for AP automation, corporate card and expense reimbursement solutions. Since we last covered Airbase in 2021, the vendor has grown immensely, including the release of a guided procurement solution last year. Airbase is an all-in-one spend management platform that primarily targets the US mid-market with its solutions for AP automation, expense management, corporate cards and guided procurement.

Spend management 88

Spend management Procurement Market analysis Buyers 88

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

Supply Chain Brain

AUGUST 1, 2024

The logistics sector is pursuing ESG projects, including reduced emissions and more sustainable packaging. But it doesn’t yet have a great reputation for the way it treats its employees.

Logistics 109

Logistics Sustainability 109

Procurement Freelancers

JULY 27, 2024

Today’s companies face a significant challenge when searching for suppliers. They often overlook many excellent… The post Drive Procurement Success by Building Inclusive Supplier Networks first appeared on Procurement Blog | Procurement & Supply Chain News.

Networking 75

Networking Suppliers Procurement Supply chain 75

Supply Chain Dive

JULY 31, 2024

The rivals' pricing battle has kept delivery rates lower and benefited shippers, according to the TD Cowen/AFS Freight Index.

Price 127

Price 127

The Network Effect

JULY 31, 2024

The post 3 Foundations for an Effective Multi-Enterprise Supply Chain Network appeared first on The Network Effect.

Networking 87

Networking Supply chain Supply Supply chain management 87

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

Supply Chain Brain

JULY 30, 2024

Drug cartels typically rely on Chinese suppliers to smuggle precursor chemicals in shipments to ports they control up and down Mexico's coast.

Suppliers 115

Suppliers 115

Procurement Insights

JULY 30, 2024

Here is an excerpt from a terrific LinkedIn post by David Shillingford. NOTE: My comment follows the excerpt. The trend towards ‘regionalized’ supply chains is reflected in the description here by AstraZeneca ‘s CEO Pascal Soriot of a ‘two supply chain’ strategy; one for the ‘east’ and one for the ‘west’ Almost every company is grappling with the implications of the escalating US-China trade war yet it is a different calculus when China is a

Supply chain 59

Supply chain Innovation Strategy Supply 59

Supply Chain Dive

AUGUST 1, 2024

Fourteen member countries met for the first time under an agreement to boost supply chain resiliency.

Supply chain 136

Supply chain Supply chain resilience Supply 136

The Good Spending

JULY 30, 2024

In Lean methodology, value is a core concept that revolves around providing what the customer truly needs and is willing to pay for. That leads us to another exciting notion - Willingness to Pay. Willingness to Pay Willingness to pay (WTP) refers to the maximum amount a customer is willing to spend on a product or service. It represents the perceived value of the offering from the customer's perspective.

Suppliers 59

Suppliers Price Quality Sourcing 59

Advertisement

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

Supply Chain Optimization

Supply Chain Brain

JULY 31, 2024

Formalizing weekly and daily execution processes helps to align short-term corporate activities with the goals articulated by corporate strategists.

111

111

Arkestro

AUGUST 2, 2024

Webinars / Automotive Masterclass: Discussing the Intricacies of Automotive Procurement Automotive Masterclass: Discussing the Intricacies of Automotive Procurement Insights from automotive industry experts. Summary: In this Masterclass, automotive expert, Drew Sheffield and Arkestro’s Mike Betts discuss the intricacies of automotive procurement.

Procurement 52

Procurement Procurement team Procurement strategies Strategy 52

Supply Chain Dive

JULY 31, 2024

The carrier's expansion into Illinois, Minnesota, Wisconsin and Missouri adds to the momentum that FedEx and UPS alternatives have seen in recent years.

112

112

CPO Rising

AUGUST 2, 2024

The Ardent Partners analyst team recently attended the 2024 Ivalua NOW: Procurement Re-Imaged conference in Miami. This event came on the heels of the company’s slightly larger EMEA conference held… The post Ivalua NOW Dispatch #4: Strategic Roadmap (Platform & AI) appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

Chief Procurement Officer 52

Chief Procurement Officer Supply management Procurement Management 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

Supply Chain Brain

JULY 31, 2024

Right-sized packaging automation offers many benefits, including reduced labor and shipping costs, increased throughput, and an overall lower carbon footprint. In this guide, we’ll share some of the challenges 3PLs experience and how an On Demand Packaging® solution can help.

Demand 97

Demand 97

Arkestro

AUGUST 1, 2024

Resources / Blog / The Future of Procurement: Predictive Procurement as a Key Driver in the Automotive Industry The Future of Procurement: Predictive Procurement as a Key Driver in the Automotive Industry By Dr. Charlotte de Brabandt Procurement in the automotive industry is undergoing a revolutionary transformation. As supply chains become increasingly volatile, the need for proactive, data-driven solutions has never been more critical.

Procurement 52

Procurement Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency 52

Supply Chain Dive

AUGUST 1, 2024

Companies are hesitant to invest in new orders amid high interest rates and political uncertainty, dragging down the industry.

123

123

Procurement Insights

AUGUST 1, 2024

Either by absorption, acquisition or just plain going out of business, most procurement solution providers will not exist in their current form by the end of 2025. This statement is a hard truth that you, as a practitioner, must recognize and accept as not only a real possibility but likely an inevitability. Those who have been in the industry for 30 years or more likely already know this, having seen the same script play out in the past, e.g., the dot com boom and bust.

Procurement solutions 52

Procurement solutions Procurement Strategy Management 52

Advertisement

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