ProcurePort

JUNE 7, 2023

In the modern business ecosystem, digital transformation is not just an option but a requirement. The need for streamlined operations and enhanced efficiency has made procurement software a valuable asset for organizations of all sizes. However, the journey towards successful implementation is fraught with challenges. This blog will provide a deep dive into these challenges […] The post Overcoming the Challenges of Implementing Procurement Software appeared first on ProcurePort Blog.

Procurement 130

Procurement Vendor management Management 130

IBM Supply Chain Blog

JUNE 5, 2023

Work orders are the driving force behind any organization’s asset management apparatus. Whenever a person or entity submits a service request, the maintenance team that receives it must create a formal paper and/or digital document that includes all the details of maintenance tasks and outlines a process for completing the tasks. That document is called a work order.

Management 67

Management Real-time Visibility Data Inventory 67

Supply Chain Brain

JUNE 4, 2023

Recently, companies have invested more money and resources into Procurement Performance Managers to ensure procurement performance is monitored, optimized and impactful.

Management 98

Management Procurement 98

All Things Supply Chain

JUNE 7, 2023

The global logistics automation market has been growing at a Compound Annual Growth Rate (CAGR) of 12.4% since 2020, the highest growth rate of any supply chain market.

Supply Chain Optimization 246

Supply Chain Optimization Supply chain Data Supply 246

Advertiser: GEP

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.

Category management

Procurement Foundry

JUNE 7, 2023

At its core, the word “sustainability” is defined simply as the ability to continue at a certain level—no explicit consideration for whether something is “green,” renewable, or recyclable, and no defined parameters around carbon footprint. Simply: “able to continue.

Sustainability 52

Sustainability Strategy Management 52

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supply Chain Network Design — Everything About Supply Chain Supply chain network design helps businesses to mitigate disruptions by configuring the supply chain. However, what is it? In this article, we will define what supply chain network design is.

Supply Chain Optimization 211

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 211

All Things Supply Chain

JUNE 9, 2023

GM to invests over $1B in EV battery production General Motors (GM) and POSCO are expanding the production of cathode active materials at their joint venture facility in Quebec to…

Supply chain 246

Supply chain Supply Export Logistics 246

Procurement Heads

JUNE 6, 2023

Could you tell us a bit about yourselves? Darron: I am Director of Orbis Procurement, which is a partnership of three local authorities, and as such am Director of Procurement for Surrey County Council, East Sussex County Council and Brighton and Hove City Council. Orbis Procurement provides procurement services to the three Councils as well as a range of district and borough councils that gain significant benefits from working in partnership with us.

Contract management 130

Contract management Contract Supply Chain Efficiency supply chain budgeting 130

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Suez Canal — Everything About Supply Chain Suez Canal is an artificial waterway located in Egypt that connects the Mediterranean Sea to the Red Sea. However, how important is it in the supply chain? In this article, we will discuss what the Suez Canal is.

Supply chain 204

Supply chain Supply Negotiation Import 204

Supply Chain Dive

JUNE 5, 2023

A port spokesperson said gates are closed for operational reasons, while industry observers warned of potential congestion and other fallout.

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Advertiser: ZoomInfo

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.

Data

Supply Chain Brain

JUNE 4, 2023

Eight supply chains – food, construction, fashion, fast-moving consumer goods, electronics, automotive, professional services and freight – account for more than 50% of global emissions.

Supply chain 118

Supply chain Supply 118

SCMDOJO

JUNE 6, 2023

In today’s fast-paced business world, optimizing your supply chain is essential for staying competitive and efficient. With the right supply chain tools at your disposal, you can streamline operations, boost productivity, and save valuable time. Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting.

Supply Chain Optimization 100

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 100

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Indonesia Import and Export Statistics 2023 Indonesia’s imports and exports open on a positive note in the first quarter of trade in 2023. Airlangga Hartarto, Indonesia’s Coordinating Minister for Economic Affairs announced that the country’s export value increased to 12.8% and its import value went up to 14.9%.

Export 204

Export Import Sustainability Negotiation 204

Supply Chain Dive

JUNE 8, 2023

Inventories at the department store retailer were down 7% as it keeps its budget open to buy in-demand product.

Inventory 130

Inventory Demand Budget 130

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supply chain budgeting

Supply Chain Brain

JUNE 9, 2023

The backlog of anchored vessels has decreased from 155 to roughly a dozen while 92% of goods in grocery and drug stores are in stock, exceeding pre-pandemic levels.

Supply chain resilience 111

Supply chain resilience Supply chain Supply 111

Una

JUNE 7, 2023

EPISODE 118 Scaling Supply Chains for Profitable Growth with Marcia Williams By Kelly Barner | June 7, 2023 Growth – especially fast growth – is such an exciting time for a company. Unfortunately, all of the good opportunities growth presents have a way of leaving a mess in their wake. It often falls to procurement and supply chain professionals to clean up the mess, using metrics and frameworks to establish order so that operational scale and profitability can follow.

Supply chain 98

Supply chain Supply Supply chain management Supply chain management 98

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Periodic Inventory System — Everything You Should Know Periodic inventory system is a method in accounting that is usually easier and more cost-effective. However, what is it? This article will discuss what periodic inventory is and when you should use it.

Inventory 192

Inventory Real-time Visibility supply chain software solutions Quantity 192

Supply Chain Dive

JUNE 6, 2023

A press release from the canal said economic impact was unavoidable. In response, some ocean carriers have announced surcharges.

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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?

Innovation

Supply Chain Brain

JUNE 8, 2023

About 88% of U.S.-based small and medium-sized businesses (SMBs) will reorganize their supply chains to leverage suppliers in the U.S. or Mexico in 2023.

Supply chain 110

Supply chain Suppliers Supply 110

Let's Talk Supply Chain

JUNE 8, 2023

10 Steps Trade Show & Event Managers Can Take to Save Money and Improve the Logistics of Their Next Event The logistics of trade show assets can make or break an event. A small error in the planning or execution of a trade show shipment can increase the cost of exhibiting or result in exhibit materials missing from the show- jeopardizing a company’s investment.

Logistics 98

Logistics Management Budget Import 98

Procurement Tactics

JUNE 5, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

Supply Chain Dive

JUNE 8, 2023

The tentative agreement amid national contract talks would lead to half of SurePost deliveries being made by company drivers, the union's leader said.

Contract 120

Contract 120

Advertiser: GEP

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

Supply chain

Supply Chain Brain

JUNE 7, 2023

A.I.-driven technology can help keep drivers and passengers safe by not only detecting distracted driving, but also identifying other potentially risky behaviors.

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110

SupplyShift

JUNE 6, 2023

Sustainability and responsible sourcing professionals often face the challenge of engaging their procurement teams in sustainability initiatives. With procurement professionals managing a significant portion of company revenue, they play a crucial role in supply chain sustainability. But do you understand how to collaborate with procurement professionals in your organization to implement sustainable supply chain practices?

Procurement team 93

Procurement team Sustainability Procurement Collaboration 93

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Sustainability Ratings — Embracing Sustainability Sustainability ratings allow businesses to know how well they are performing in terms of environmental and social responsibility. However, what is it? In this article, we will define what sustainability ratings are.

Sustainability 190

Sustainability Ethics Negotiation Procurement strategies 190

Supply Chain Dive

JUNE 9, 2023

The supplier and service provider took on heavy costs and lost profit as shipment delays in the industry spiraled.

Supply chain 110

Supply chain Suppliers Supply 110

Advertiser: ZoomInfo

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.

Buyers

Supply Chain Brain

JUNE 4, 2023

The impact of ambient IoT is expected to be “quite profound,” enabling greater sustainability, traceability and food safety, while reducing shrink and theft.

Sustainability 107

Sustainability 107

SCMR (Supply Chain Management Review)

JUNE 7, 2023

C.H. Robinson surprised the markets on Tuesday, naming a Ford executive as CEO, bypassing the rumored in-house candidate for the position.

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Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. However, what is it? In this article, we will tell you what inventory management is.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Supply Chain Dive

JUNE 6, 2023

The next-day delivery provider's expansion makes it a more attractive option for shippers wanting to reach customers throughout the East Coast, its chief revenue officer said.

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Supply Chain Optimization