Procurement Insights

OCTOBER 10, 2023

“According to Innovation Minister Francois-Philippe Champagne, Metro, Loblaws, Sobeys, Walmart and Costco — which together represent about 80% of the grocery market — will roll out price freezes, discounts and price matching over the coming days and weeks. Champagne also says a task force will be appointed to make sure the grocers live up to their commitments.” – By Jessy Bains, Editor at LinkedIn News A bold headline and an even bolder promise caught my attention in my early r

Price 72

Price Procurement Buyers Suppliers 72

Procurement Insights

OCTOBER 12, 2023

In 2009, Procurement Insights did a series of interviews and a panel with the leaders for providers I called the New Titans of the SaaS World series. Joining me on June 25th 2009, to discuss their take on this changing of the guard were Anurag Dixit, Vice President, Marketing ( Zycus ); Steve Wargalla, Vice President, Foundation & Managing Director ( QStrat ); Rob Bernshteyn, Chief Executive Officer ( Coupa ), Leonora Valvo, Chief Executive Officer ( aventri ) and Rich Becks, Senior Vice Pre

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Procurement Leadership Management Data 78

Procurement Software

OCTOBER 10, 2023

In today’s business landscape, the war for talent is all about the importance of attracting and retaining exceptional human capital. Companies must actively seek out and employ brilliant minds to successfully navigate unfamiliar territories. As the visionary Steve Jobs once wisely proclaimed, “Go after the cream of the cream. A small team of A+ players can run circles around a giant team of B and C players.” The War for Talent and its impact on Procurement However, the task of

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Procurement Real-time Visibility supply chain software solutions Category management 59

Art of Procurement

OCTOBER 8, 2023

“If you want to be successful in what you do personally or professionally, you’ve got to manage relationships because the. The post Managing Services Procurement on a Grand Scale appeared first on Art of Procurement.

Management 80

Management Procurement Category management Leadership 80

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

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. DOWNLOAD PLAYBOOK Table of Contents Introduction In procurement and supply chain, staying ahead of the game is not just a goal – it’s a necessity.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

ProcurePort

OCTOBER 11, 2023

In times of economic uncertainty, businesses are often forced to find innovative ways to cut costs and improve their bottom line. One such method gaining popularity is the use of reverse auctions. Reverse auctions are a procurement strategy that flips the traditional purchasing process on its head, allowing suppliers to compete for a buyer’s […] The post Reverse Auctions for Cost Savings in a Down Economy appeared first on ProcurePort Blog.

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Procurement strategies Buyers Innovation Purchasing 130

Supply Chain Brain

OCTOBER 9, 2023

Following are some innovative supply chain strategies for propelling businesses toward success.

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Innovation Strategy Supply chain Supply 124

ABC of Procurement

OCTOBER 10, 2023

A great real story on how some problems can be resolved just by thinking differently The post The toothpaste box – short stories first appeared on ABC of Procurement.

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Procurement 113

ProcurePort

OCTOBER 9, 2023

To stay competitive in manufacturing, you need advanced technology on the production floor and clever strategies behind the scenes. Contract management is a critical aspect of manufacturing operations, impacting everything from procurement to supplier relationships. In the manufacturing industry, efficiency and precision are paramount. While advanced technology on the production floor is essential, the […] The post Revolutionizing Manufacturing Contracts: The AI Advantage appeared first on

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Contract Contract management Strategy Suppliers 130

Supply Chain Dive

OCTOBER 11, 2023

Some of the solution's capabilities will still be available to customers in Dynamics 365 and Power Platform after it shuts down on Oct. 31.

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Supply chain Supply 120

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

OCTOBER 11, 2023

The last few years have seen a confluence of factors that can affect the supply chain. It’s become clear there’s no one clear “gotcha” moment that upset supply chain reliability.

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Supply chain Supply 122

Spend Matters

OCTOBER 10, 2023

Pre-pandemic, T&E spending represented a significant portion of a company’s discretionary budget. As business travel rebounds to pre-pandemic levels, finance leaders must leverage this window to reassess, re-evaluate, and re-imagine travel and expense management processes and strategies. Business travel isn’t going anywhere. Remote work will make sure of it A poll released by the GBTA earlier this year shows three in four travel managers expected their company to make more busine

Real-time Visibility 99

Real-time Visibility Management e2e Budget 99

SCMR (Supply Chain Management Review)

OCTOBER 9, 2023

As the supply chain has become more global and more complicated, the influence of geopolitical events is creating more urgency for businesses to secure their networks.

Supply chain management 95

Supply chain management Supply chain management Supply chain Influencing 95

Supply Chain Dive

OCTOBER 10, 2023

Port disruptions, labor negotiations and other shipping industry upheavals have forced apparel companies to develop new solutions to enduring challenges.

Strategy 118

Strategy Supply chain Negotiation Supply 118

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Supply Chain Brain

OCTOBER 12, 2023

The top business priorities for supply chain organizations over the next two years are increasing productivity and efficiency (29%) as well as improving resiliency, continuity, risk and security (29%).

Supply Chain Efficiency 116

Supply Chain Efficiency Supply chain Risk Supply 116

Spend Matters

OCTOBER 12, 2023

In a new series of interviews Spend Matters is speaking with representatives from the procurement world of practitioners, tech solution providers and consultants to discover the word on the street about ‘turning digital.’ We aim to find out what the day-to-day pain points are for the tech users and their processes, what’s causing the low-scale uptake of procurement tech and preventing the elevation of the tech game.

Procurement 95

Procurement Suppliers Supply chain Consumer demands 95

Art of Procurement

OCTOBER 12, 2023

In mergers and acquisitions, synergies are the benefits of combining two organizations that go beyond their new larger size. For. The post Smucker’s + Hostess = Supply Chain Synergy appeared first on Art of Procurement.

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Supply chain Supply Procurement Data 93

Supply Chain Dive

OCTOBER 12, 2023

The apparel company has made swift progress in cleaning up its stock recently after a “tough” time trying to operate its distribution centers.

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Inventory Suppliers 116

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

OCTOBER 10, 2023

Following are seven strategies that can help warehouses navigate the complexities of peak-seasons fulfillment.

Strategy 116

Strategy 116

Spend Matters

OCTOBER 9, 2023

This Spend Matters Vendor Analysis provides an overview of Brex and its solution for expense management. Expense management tools are in high demand because organizations need to manage post-pandemic travel spend. Brex is a new entrant in the expanding market of expense management, and its market potential has attracted considerable investor support.

Management 95

Management Budget Market analysis Influencing 95

Procurement Bulletin

OCTOBER 8, 2023

This Robot Could Come to a Warehouse Near You Check out this German-made robot which is ideal in a warehouse environment. South Korean Robot-Maker Debuts with a Splash Speaking of robots, South Korean robot-maker, Doosan Robotics, debuted on the market jumping up 127%. Doosan’s collaborative-robots are designed to work alongside humans. The robots can perform tasks such as poor beer and coffee and work great in cafes and bars (where it’s been hard to recruit and retain staff).

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Collaboration Supply 93

Supply Chain Dive

OCTOBER 12, 2023

Shipments in certain ZIP codes will spend an extra day in transit, but less than 1% of volume is impacted, according to the carrier.

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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 Brain

OCTOBER 12, 2023

You can make money using artificial intelligence to help meet environmental goals across your global supply chain, from supplier to shop floor.

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Supply chain Suppliers Supply 111

Spend Matters

OCTOBER 11, 2023

The Spend Matters analyst team will host a webinar ‘ Shaping the Future of Procurement : An Inside Look at the 10th Annual Spend Matters 50/50 Lists’ on Tuesday, October 31, 11:00 a.m. EST. It’s been a monster task, and so fittingly the webinar will take place on Halloween – look out for some frighteningly deep analysis behind our methodology. During the webinar, the team will share observations they made of the factors that went into compiling the upcoming 50 Procurement Providers to Watch, 50

Procurement 93

Procurement Purchasing Management 93

SCMR (Supply Chain Management Review)

OCTOBER 10, 2023

As many of the worst-case scenarios in the supply chain have not panned out, many shippers are more comfortable discussing long-term contracts with carriers, says BlueGrace Logistics executive.

Contract 92

Contract Logistics Supply chain Supply 92

Supply Chain Dive

OCTOBER 9, 2023

The ongoing strike is causing some down-tier suppliers to hold inventory, while others may seen cash flow delays.

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Suppliers Inventory 113

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

OCTOBER 11, 2023

The producer price index for final demand advanced 0.5% from August to September, marking the third-straight month of increases.

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Price Demand 105

IBM Supply Chain Blog

OCTOBER 13, 2023

In today’s fast-paced digital landscape, the seamless operation and performance of software applications is crucial for businesses. Downtime, glitches and service interruptions can result in significant revenue loss and damage a company’s reputation. This is where modern, advanced monitoring solutions like IBM Instana come into play. With its cutting-edge capabilities, Instana goes beyond traditional monitoring approaches like New Relic, enabling organizations to detect and predict i

Real-time Visibility 90

Real-time Visibility Collaboration Price Data 90

SCMR (Supply Chain Management Review)

OCTOBER 13, 2023

Whether the goal is strengthening partnerships within the company or with trade partners, companies will have to decide which metrics need to be shared to unlock more growth in the food supply chain.

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Supply chain Supply 91

Supply Chain Dive

OCTOBER 12, 2023

CMA CGM, Maersk and Hapag-Lloyd are rolling out the fees to comply with new European Union regulations aimed at reaching carbon neutrality.

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