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

Procurement 59

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

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Supply Chain Optimization

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.

Strategic sourcing 52

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.

Procurement strategies 130

Procurement strategies Buyers Innovation Purchasing 130

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 131

Strategy Supply chain Negotiation Supply 131

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.

Supply chain 122

Supply chain Supply 122

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

Contract 130

Contract Contract management Strategy Suppliers 130

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 100

Real-time Visibility Management e2e Budget 100

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 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.

Supply chain 133

Supply chain Supply 133

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

Procurement Freelancers

OCTOBER 9, 2023

Buying materials and supplies is among the most important things that a business must undertake… The post Streamlining Procurement Processes: Sourcing Consultants' Expertise first appeared on Procurement Blog | Procurement & Supply Chain News.

Sourcing 93

Sourcing Procurement Supply chain Import 93

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 97

Procurement Suppliers Supply chain Consumer demands 97

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 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.

Inventory 127

Inventory Suppliers 127

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.

Supply chain 93

Supply chain Supply Procurement Data 93

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).

Collaboration 93

Collaboration Supply 93

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 97

Management Budget Market analysis Influencing 97

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 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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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

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

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 95

Procurement Purchasing Management 95

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Supply Chain Optimization

Supply Chain Dive

OCTOBER 9, 2023

The former chief business officer for the Target-owned company will focus on scaling and expanding the retail giant's delivery service platform.

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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 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 11, 2023

This Spend Matters Vendor Analysis provides an overview of Evisort and its contract lifecycle management (CLM) solution. Once a promising contract analytics upstart looking to disrupt the market with its strong AI and post-signature capabilities, Evisort has evolved into a well-rounded, end-to-end CLM provider that can compete for both mid-market and large enterprise customers.

Contract 90

Contract Management Contract management Buyers 90

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 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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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 Brain

OCTOBER 10, 2023

The Green Party, which is a part of the Stockholm City Council’s ruling coalition, said the initiative will lead to an increase in the adoption of electric vehicles.

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IBM Supply Chain Blog

OCTOBER 11, 2023

Let’s consider the operations manager of a thriving online business specializing in handmade crafts. This operations manager understood the importance of catering to their loyal customer base, some of whom resided in different time zones. In their quest to provide exceptional service, they faced a challenge—how to ensure that customers could place orders as soon as new shipments of their artisanal products arrived.

Sourcing 83

Sourcing Price Quantity Purchasing 83

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