Arkestro
SEPTEMBER 5, 2023
As the economy teeters between a so-called ‘soft landing’ and all-out recession, an emerging consensus across C-suites has taken shape: the time to cut costs is now. Once again, all eyes are on procurement. A recent study from CreditSafe showed an eye-popping 95% of North American manufacturers plan to push for cost reductions with their suppliers in the next six to twelve months.
Supply Chain Dive
SEPTEMBER 7, 2023
Reviewing clauses and KPI disclosures can help procurement managers minimize supply chain risks.
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Procurement Insights
SEPTEMBER 2, 2023
In 1998, when I leveraged advanced algorithms to procure MRO products for the DND IT infrastructure, I learned something early: Algorithms are an extension of human experience and expertise multiplied. For example – and this is the crucial difference between using an agent-based versus equation-based model, I knew only by experience that the time of day an order was placed for a part significantly impacted cost and SLA performance.
Spend Matters
SEPTEMBER 6, 2023
In today’s diverse society, businesses have a crucial role to play in fostering equality and inclusion. However, the business world often needs to improve to reflect the true diversity of society, both within companies and in their supply chains. To bridge this gap, organizations are increasingly embracing the concept of supplier diversity in their procurement processes.
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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.
Procurement Insights
SEPTEMBER 2, 2023
“But many purchasing managers’ skills and outlooks were formed 20 years ago in an era of relative stability, and they haven’t changed. Now, however, no company can allow purchasing to lag behind other departments in acknowledging and adjusting to worldwide environmental and economic changes. Such an attitude is not only obsolete but also costly.” In what way does procurement have to change or evolve?
All Things Supply Chain
SEPTEMBER 8, 2023
First American Uranium Reports on New Mexico’s Past Uranium Mining First American Uranium is highlighting the historical uranium production in New Mexico, particularly in the Grants district, where the company’s…
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Dive
SEPTEMBER 8, 2023
A new ground-based surveillance system will allow UPS to fly Matternet M2 drones without a visual line of sight throughout the route, setting the stage for increased delivery activity.
IBM Supply Chain Blog
SEPTEMBER 5, 2023
This is part four in a five-part series on mainframe modernization. The secret to mainstreaming the mainframe into today’s modern, cloud-centric IT environments is to make the experience of working with the mainframe like the experience of working off the mainframe—especially the developer experience (DX). Historically, working on the mainframe was an entirely different experience from the distributed world.
All Things Supply Chain
SEPTEMBER 4, 2023
In the Sahel region of Africa, political instability and corruption has run rife since decolonisation from European nations. Arbitrary borders were drawn without the consideration of who they will affect.
Supply Chain Brain
SEPTEMBER 5, 2023
Companies are always going to face the unexpected and unpredictable. The hard part is knowing how to prepare for these supply chain trends strategically.
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 Dive
SEPTEMBER 5, 2023
Former SVP of distribution Rod West will lead the discount retailer’s distribution center operations and private fleet, as well as the company’s supply chain modernization.
IBM Supply Chain Blog
SEPTEMBER 8, 2023
Brands that deliver an excellent customer experience (CX) will always be more resilient than those that don’t. Giving our customers personalized support at every stage of their journey is proven to earn their longtime loyalty—and keep them from switching to a competitor. The challenge, however, is that many teams operate in siloes that inhibit them from applying their customer insights in meaningful ways.
SCMR (Supply Chain Management Review)
SEPTEMBER 6, 2023
Transportation planning for the furniture and home goods industry presents a complex puzzle, and traditional planning methods often fail to account for the inherent randomness and variation in real-world operations.
Supply Chain Brain
SEPTEMBER 5, 2023
Speculation swirled that the device achieved 5G capabilities, which would make it the first such handset since the Shenzhen-based electronics firm lost access to advanced chipmaking technologies in 2020.
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
SCMDOJO
SEPTEMBER 8, 2023
This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP). This is a fundamental principle of supply chain management, it constitutes a juggling act that is at the heart of any well-orchestrated manufacturing process.
IBM Supply Chain Blog
SEPTEMBER 6, 2023
Generative AI is powering a new world of creative, customized communications, allowing marketing teams to deliver greater personalization at scale and meet today’s high customer expectations. The potential of this powerful new tool spans the entire end-to-end marketing process, from internal communications and productivity to customer-facing channels and product support.
Supply Chain Dive
SEPTEMBER 7, 2023
The craft retailer thinks it can cut $200 million in business costs, the bulk of that coming from its supply chain as inflation eases.
Supply Chain Brain
SEPTEMBER 7, 2023
There are multiple trends driving sustainability in the supply chain right now, says Frank Clary, vice president for sustainability at multi-business operator and investor Agility.
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.
SCMDOJO
SEPTEMBER 4, 2023
“The line between disorder and order lies in logistics…” (Tzu, 496 B.C). Accordingly, if organizations want to succeed and grow in the long-term, they need to cooperate, organize, and manage their logistics very wisely and mitigate its problems and risks simultaneously. In this effort, Logistics Service Providers (LSPs) are essential because they provide a variety of supply chain management solutions that simplify warehouse operations, order processing, and transportation.
IBM Supply Chain Blog
SEPTEMBER 6, 2023
Modern enterprise networks are vast systems of remote and on-premises endpoints, locally installed software, cloud apps , and third-party services. Every one of these assets plays a vital role in business operations—and any of them could contain vulnerabilities that threat actors can use to sow chaos. Organizations rely on the vulnerability management process to head off these cyberthreats before they strike.
Procurement Freelancers
SEPTEMBER 8, 2023
In the fast-paced business landscape, organisations are seeking ways to thrive and adapt. One of… The post Hiring Freelance Buyers: A Comprehensive Guide For Businesses first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Brain
SEPTEMBER 6, 2023
Almost two-thirds of senior automotive executives say they cut their backlogged orders by 61% while another 34% expect to reduce their backlogs over the next 12 months.
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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.
Spend Matters
SEPTEMBER 5, 2023
This content does not express the views or opinions of Spend Matters. As the economy teeters between a so-called ‘soft landing’ and all-out recession, an emerging consensus across C-suites has taken shape: the time to cut costs is now. Once again, all eyes are on procurement. A recent study from CreditSafe showed an eye-popping 95% of North American manufacturers plan to push for cost reductions with their suppliers in the next 6 to 12 months.
IBM Supply Chain Blog
SEPTEMBER 7, 2023
It’s an exciting time in AI for business. As we apply the technology more widely across areas ranging from customer service to HR to code modernization, artificial intelligence (AI) is helping increasing numbers of us work smarter, not harder. And as we are just at the start of the AI for business revolution, the potential for improving productivity and creativity is vast.
SCMR (Supply Chain Management Review)
SEPTEMBER 7, 2023
The proliferation of e-commerce and the imperative for an omnichannel fulfillment experience has culminated in the advancement of the final mile. But even that is now being disrupted by technology that puts the customer front and center in the supply chain.
Supply Chain Brain
SEPTEMBER 6, 2023
OOCL Logistics customers will be able to apply for financing through the PODIUM platform, meaning suppliers can now receive funding less than 72 hours after shipping out a product.
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.
Supply Chain Dive
SEPTEMBER 8, 2023
The rate hike applies to Ground, Air and International services and will take effect Dec. 26.
Procurement Freelancers
SEPTEMBER 5, 2023
Companies are continuously looking for methods to improve their operations and save costs while maintaining… The post How Manufacturing Companies Can Hire The Best Sourcing Consultants first appeared on Procurement Blog | Procurement & Supply Chain News.
SCMR (Supply Chain Management Review)
SEPTEMBER 6, 2023
Download this new white paper for a deep dive into the role of demand forecasting and artificial intelligence (AI) to gain a better understanding of the problems associated with each aspect of the supply chain journey and — crucially — the ways teams can leverage AI to overcome them.
Supply Chain Brain
SEPTEMBER 4, 2023
About $2 billion in grants for advanced vehicles will come from the Inflation Reduction Act while another $10 billion will be provided by the Energy Department’s Loans Program Office.
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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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