Procurement Insights

SEPTEMBER 20, 2023

EDITOR’S NOTE: In her September 18th, 2023 article Regenerative Procurement is the new Procurement , Elvire Regnier writes, “Procurement performance is assessed primarily on the basis of price reduction. Cost reductions and avoided costs are, in the vast majority of cases, not recognized by finance departments.” The misalignment to which Elvire refers results from equation-based versus agent-based modelling.

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Supply Chain Brain

SEPTEMBER 19, 2023

At a time when procurement is having trouble attracting and retaining top talent, there’s an opportunity to invest in people, by adopting AI-powered tools.

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Strategy Procurement 59

Arkestro

SEPTEMBER 18, 2023

Resources / Infographics / The State of Procurement: Opportunities Lost The State of Procurement: Opportunities Lost Many of today’s procurement departments struggle with precision and efficiency, leading them to fall short of their goals and potential. Because of this, many departments are experiencing diminishing returns and lost opportunities. Here are the four most common challenges.

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Spend Matters

SEPTEMBER 21, 2023

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

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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

Supply Chain Brain

SEPTEMBER 21, 2023

Andrew Leto founder and chief executive officer of online truck freight procurement platform Emerge, has a habit of looking for gaps in the logistics industry that can be filled via emerging technologies.

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All Things Supply Chain

SEPTEMBER 18, 2023

The diamond industry has long been associated with luxury, beauty, and timeless elegance.

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Supply Chain Dive

SEPTEMBER 19, 2023

Container volumes at the port were up 3% YoY in August.

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Supply Chain Brain

SEPTEMBER 20, 2023

For retailers, time is running out for peak-season planning. That’s why it’s important to study your existing peak-season data.

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All Things Supply Chain

SEPTEMBER 22, 2023

Amazon and Maersk renew biofuel partnership The demand for sustainable ocean transportation services is growing, with a wide range of industries, including fashion, retail, automotive, and more, seeking eco-friendly shipping…

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IBM Supply Chain Blog

SEPTEMBER 19, 2023

Generative artificial intelligence (AI) burst into the mainstream in 2023, lighting a fire under businesses to integrate enterprise-grade versions into their processes. By 2024, 60% of C-suite executives are planning to pilot or operate generative AI in some way, indicating that generative AI’s public-facing platforms have awakened the world to its groundbreaking capabilities For Communications Service Providers (CSPs) and Network Equipment Providers (NEPs), in particular, generative AI ho

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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 Dive

SEPTEMBER 18, 2023

The discount retailer’s private fleet now handles nearly half of its outbound transportation needs.

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Supply Chain Brain

SEPTEMBER 19, 2023

Current law does not allow the FMC to enforce federal anti-trust laws against foreign-owned ocean carriers — which covers all major ones.

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All Things Supply Chain

SEPTEMBER 21, 2023

We are excited to announce that the CPO Summit returns on November 2-4th of November at the JW Marriott Marquis Miami, Miami, FL USA!

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IBM Supply Chain Blog

SEPTEMBER 21, 2023

Generative AI and large language models are poised to impact how we all access and use information. But as organizations race to adopt these new technologies for business, it requires a global ecosystem of partners with industry expertise to identify the right enterprise use-cases for AI and the technical skills to implement the technology. During TechXchange , IBM’s premier technical learning event in Las Vegas last week, IBM Partner Plus members including our Strategic Partners, reseller

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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.

supply chain budgeting

Supply Chain Dive

SEPTEMBER 21, 2023

The carrier added 400,000 more packages a day by August's end as shippers fretted over a potential UPS strike.

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Supply Chain Brain

SEPTEMBER 17, 2023

It’s time for the convergence of supply chain and manufacturing.

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SCMR (Supply Chain Management Review)

SEPTEMBER 19, 2023

By identifying friction points and eliminating them so that planners do not perceive new tools as a risk to their job performance, leaders will develop trust among their teams that will lead to greater adoption.

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SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. In this comprehensive guide for 2023, we’ve compiled a list of essential procurement synonyms, shedding light on the subtle distinctions that set each term apart.

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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 Dive

SEPTEMBER 18, 2023

Establishing benchmark metrics and onshoring production are key ways companies can reduce their carbon footprint.

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Supply Chain Brain

SEPTEMBER 21, 2023

Utilities should set their procurement technology strategy to implement a fully integrated global I.T. system infrastructure that incorporates procure-to-pay operations with fully automated workflows.

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IBM Supply Chain Blog

SEPTEMBER 18, 2023

Picture this: You’re at your local supermarket, eagerly exploring the fresh produce section. You carefully select a carton of ripe, juicy fresh-cut strawberries, envisioning them as the star ingredient in your weekend’s mouthwatering desserts. You’re all set to enjoy a delightful culinary adventure. But as you savor your first bite of a luscious strawberry shortcake, you receive a notification on your smartphone.

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Spend Matters

SEPTEMBER 19, 2023

In our ever-increasingly connected world and the “hyper-globalized” supply chains that keep it running, a natural disaster tends to have widespread effects well beyond ground zero. While the local impact to humans, property and the wider ecosystem caused by floods, fires and other catastrophic events can be devastating, the ripple effects can reach across the globe and affect business everywhere.

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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 Dive

SEPTEMBER 18, 2023

Fulfillment center employees will shift their focus from receiving to order processing in November, the company told sellers.

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Supply Chain Brain

SEPTEMBER 18, 2023

profitability is taking a back seat to technology transformation, supply chain and operational challenges, according to a survey released September 18 by Jefferson Wells.

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IBM Supply Chain Blog

SEPTEMBER 20, 2023

Few technologies have taken the world by storm the way artificial intelligence (AI) has over the past few years. AI and its many use cases have become a topic of public discussion no longer relegated to tech experts. AI—generative AI, in particular—has tremendous potential to transform society as we know it for good, boost productivity and unlock trillions in economic value in the coming years.

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Let's Talk Supply Chain

SEPTEMBER 22, 2023

Working your way up in supply chain for a seat at the table may still not be simpler for women, even with growing market needs and challenges presenting new opportunities. Women still make up less than half of the supply chain workforce and just 21% of executive-level supply chain roles—backsliding a little from previous years. However, while women in supply chain have more challenges breaking through to executive-level positions, female professionals (founders included) comprise 19% of the supp

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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 Dive

SEPTEMBER 21, 2023

The drop marks the highest decline of the year so far, but follows a record August 2022 and July 2023.

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Supply Chain Brain

SEPTEMBER 20, 2023

Today, CFOs, CIOs and general counsels are facing a reality that demands the fusion of two crucial elements: visibility to maintain the smooth flow of the supply chain, and compliance with stringent regulations.

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Spend Matters

SEPTEMBER 18, 2023

In this Spend Matters Insider Vendor Analysis Update, we give an updated and more complete overview of Resilinc (originally briefly covered in 2022), a solution built to reduce risks in supply chains to make them more resilient. Supply chains have been the focus of much news in the last few years. Disruption after disruption created shortages that stopped factories and emptied shelves and warehouses.

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Procurement Bulletin

SEPTEMBER 17, 2023

Amazon Launches Supply Chain Solution In its continued race to dominate e-commerce, Amazon announced a new automated supply chain service for sellers aptly named, Supply Chain by Amazon. The solution offers an end-to-end automated solution to help sellers bring product from manufacturing directly to their customers. (Is it me or did this sound like an ad for Amazon’s Supply Chain service?

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Supply Chain Optimization