Sat.Jun 01, 2024 - Fri.Jun 07, 2024

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Latest research – Beyond centre-led: The future of procurement operating models

Procurement Leaders

In association with SpendHQ: Discover how functional structures are evolving in response to changing demands and their own particular circumstances

Demand 130
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What is a Service Credit

Procurement Templates

A service credit is a payment for a non performance by a supplier. It’s normally measured using a KPI. Context and Usage The hierarchy is an SLA, then the KPI’s and then service credits. Here’s a breakdown of what this entails: Service Level Agreements (SLAs) : A service credit will typically be part of the SLA and sits alongside the KPI’s.

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professionals

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6 Ways Logistics Optimization Is Shaping Used Car Dealerships’ Success

All Things Supply Chain

Logistics, often the unsung hero of automotive commerce, is decisively shaping how used car dealerships operate and prosper. Smart inventory management isn’t just a tactic; it’s an operational transformation.

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Canada border disruption? What shippers should know on possible strike

Supply Chain Dive

If no deal is reached shippers can expect lengthy delays in moving freight on trucks between the U.S. and Canada as soon as Thursday.

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GEP Spend Category Outlook Report 2025

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.

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The Trillion-Dollar Problem for Retailers: Not Having Clean Data

Supply Chain Brain

A study by the IHL Group found that retailers miss out on nearly $1 trillion in sales per year because of out-of-stock items.

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Intake and Orchestration in procurement: How do the solution providers define its role? – Opstream

Spend Matters

Spend Matters chose Intake and Orchestration as its main research theme for this quarter because we believe it is the fastest-growing procurement tech market segment today. If you’d like to understand more about what intake management and orchestration mean for procurement, read our Guide to Intake and Orchestration here. As part of our research we are conducting analyst-led analysis / thought leadership , solution provider deep-dive analyses , webinars and interviews with both the practitioners

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Sriracha shortage: Supply chain woes strike Huy Fong Foods again

Supply Chain Dive

The popular hot-sauce maker has notified wholesalers of a production halt that will last for months, citing issues with the chile crop this year.

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Are We Seeing an End to the Age of Offshore Production?

Supply Chain Brain

A new report from Capgemini suggests that, for U.S. manufacturers, the dominance of offshore production is coming to an end.

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Basware: Vendor Analysis (Part 2) — P2P solution product-level strengths and opportunities, competitors and market analysis, user considerations, voice of the customer, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Basware P2P solution. It also looks at the voice of the customer and the elements to consider when looking at Basware as a potential solution provider. Part 1 of the analysis provides a history and overview of Basware’s P2P solution its roadmap/vision. This content is for members only.

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Procurement Training Reimagined: SCMDOJO Launches Procurement Track

SCMDOJO

Do you dream of confidently navigating the ever-changing procurement world, not confused with what procurement training to opt for? Are you ready to ditch the “cost-cutter” label and become a strategic mastermind? The SCMDOJO Procurement Track isn’t just another training program – it’s your key to unlocking a commanding presence in the field.

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5 Ways You Can Win Faster with Gen AI in Sales

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.

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Cost cutting is procurement execs’ top 2024 priority: Hackett

Supply Chain Dive

With interest rates still high and global elections creating economic uncertainty, many companies are being conservative about spending.

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Supply Chains Under Siege: What Organizations Should Know

Supply Chain Brain

Among all the threats facing global supply chains today, the issue of greatest concern lies within the very heart of the system: a lack of effective cybersecurity measures.

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Basware: Vendor Analysis (Part 1) — P2P solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

This Spend Matters Vendor Analysis updates our coverage of Basware and its procure-to-pay (P2P) solution. Basware is a long-standing veteran in the accounts payable (AP) space and has built its reputation as one of its largest providers. We have covered Basware various times in the last few years. Since we last examined Basware in 2019, a number of changes and enhancements have been made, including M&As that built its enterprise scale.

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Types of central processing units (CPUs)

IBM Supply Chain Blog

What is a CPU? The central processing unit (CPU) is the computer’s brain. It handles the assignment and processing of tasks and manages operational functions that all types of computers use. CPU types are designated according to the kind of chip that they use for processing data. There’s a wide variety of processors and microprocessors available, with new powerhouse processors always in development.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

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.

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Home Depot expands same-day delivery with Instacart

Supply Chain Dive

The move is part of the home improvement retailer’s plan to expand its e-commerce capabilities.

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U.K. Clothing Exports Take Nosedive Since Brexit

Supply Chain Brain

Exports of clothing and footwear from the U.K. to the EU have dipped from £7.4 billion ($9.4 billion) in 2019 to £2.7 billion in 2023.

Export 115
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How do you know you are really “ready” to attend a live webinar?

Procurement Insights

Yet another webinar. I remember the first webinar I did was in early 2005. Webex was the platform, and there were some initial challenges, such as getting through company firewalls. Not only was the drawbridge up but the entire castle was locked down, as many organizations were unfamiliar with the technology. Today, webinars are as common as wheat in a wheatfield.

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Sending a Powerful Message About America’s Pharmaceutical Independence

Art of Procurement

Victor Suarez is a retired Colonel from the United States Army. He worked for the U.S. Department of Health and. The post Sending a Powerful Message About America’s Pharmaceutical Independence appeared first on Art of Procurement.

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The 2nd Generation of Innovation Management: A Survival Guide

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?

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Shippers, agencies plan for full return of Baltimore-bound cargo

Supply Chain Dive

Shipping lines have already resumed some services while federal agencies work with stakeholders to coordinate plans.

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‘Sustainable’ Procurement: More Than a Buzzword

Supply Chain Brain

Chief procurement officers must deal with complex global supply chains and disparate country standards, simply to ensure that all involved are adhering to sustainable practices.

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Field programmable gate arrays (FPGAs) vs. microcontrollers: What’s the difference?

IBM Supply Chain Blog

Field programmable gate arrays (FPGAs) and microcontroller units (MCUs) are two types of commonly compared integrated circuits (ICs) that are typically used in embedded systems and digital design. Both FPGAs and microcontrollers can be thought of as “small computers” that can be integrated into devices and larger systems. As processors, the primary difference between FPGAs and microcontrollers comes down to programmability and processing capabilities.

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Intake and Orchestration in procurement: How do the solution providers define its role? – Zip

Spend Matters

Spend Matters continues its focus on Intake and Orchestration as this quarter’s theme of special interest with a viewpoint on the importance of this market segment from Nick Heinzmann, Head of Research at e-procurement and intake management specialist, Zip. Our analyst recently wrote that it was Zip which “productized and popularized intake,” and that today, for something that did not really exist a few years ago, it is the fastest-growing procurement tech market.

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GEP Outlook Report 2025

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

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High interest rates are stalling manufacturing growth: May PMI

Supply Chain Dive

With the Federal Reserve unlikely to cut rates this summer, manufacturers aren't keen to invest in new orders or capacity.

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Tive Releases Solo Lite Tracker to Monitor Shipments for Ocean Carriers

Supply Chain Brain

Solo Lite has global coverage in more than 186 countries, and includes a more environmentally-friendly non-lithium battery-powered option.

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Agility, flexibility and security: The value of cloud in HPC

IBM Supply Chain Blog

In today’s competitive business environment, firms are confronted with complex, computational issues that demand swift resolution. Such problems might be too intricate for a single system to handle or might require an extended time to resolve. For companies that need quick answers, every minute counts. Allowing problems to linger for weeks or months is not feasible for businesses determined to stay ahead of the competition.

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Meeting Supply Chain Volatility with Agility and Resilience

Art of Procurement

“You have to make investments in your supplier network if you want to be successful. The old days of ‘I. The post Meeting Supply Chain Volatility with Agility and Resilience appeared first on Art of Procurement.

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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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Ineffective leadership poses biggest people risk to organizations today, HR pros say

Supply Chain Dive

Inadequate succession planning and poor use of worker skills are among concerns worsened by poor management, according to a report from Mercer and Marsh.

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'Clock Ticking' on Potential Canada Border Agent Strike

Supply Chain Brain

The Canada Border Services Agency — made up of over 9,000 border workers — previously set a June 6 deadline to reach a collective bargaining agreement.

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Episode 168: Adventures in Public Sector Procurement with Dwight Gibbs

Una

EPISODE 168 Adventures in Public Sector Procurement with Dwight Gibbs By Kelly Barner | June 5, 2024 The public and private sectors both have a great need for top procurement talent. And while their stakeholders, objectives, and processes differ in some ways, they are also subject to the same economic forces and market trends. Sometimes the dynamics in one of their sectors even has an impact on the other.

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Elevate Your Business With Innovative Suppliers Sourcing Solutions

Procurement Freelancers

The prosperity of every company is mostly dependent on its suppliers. They offer the goods… The post Elevate Your Business With Innovative Suppliers Sourcing Solutions first appeared on Procurement Blog | Procurement & Supply Chain News.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

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.