Procurement Leaders

JANUARY 8, 2024

Just before the holidays, Jim Ridgwick, director of procurement at Save the Children, led a Procurement Leaders community session to share how he and his team had executed a significant digital transformation at the charity. The results of the transformation were profound: a 50% reduction in the number of days to delivery, as well as much tighter financial controls and supplier visibility in a sector where “because it’s a matter of life and death, speed is of the essence”.

Real-time Visibility 130

Real-time Visibility Procurement Inventory Suppliers 130

Supply Chain Brain

JANUARY 10, 2024

When tech companies began offloading their reverse logistics businesses, industry giants with physical capabilities were waiting, eager to see if they could deploy those capabilities in-house.

Logistics 119

Logistics 119

Spend Matters

JANUARY 9, 2024

This content does not necessarily express the views or opinions of Spend Matters. There’s been a lot of hype around AI this year. ChatGPT-3 made almost every news headline, lauded as a groundbreaking tool that will change the operations of every industry. In reality, when the dust settled, it wasn’t the perfect solve-all solution people initially thought it was.

Procurement 82

Procurement Buying process Category management Suppliers 82

Procurement Insights

JANUARY 6, 2024

TRIGGER WARNING: This is a parody – no procurement professionals or C-Suite execs should be offended by the contents of this video. However, it does raise an important question – what “other things” will the acceptance of procurement as a strategic partner lead to? Here is another question: Is it time that procurement moves out of the van “down by the river?

Procurement 84

Procurement Import 84

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Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

supply chain budgeting

Procurement Insights

JANUARY 10, 2024

“There is so much procurement technology out there, but how do you select what is right for you? I am really against doing an RFP, and here are the 3 reasons why.” – “There is so much procurement technology out there, but how do you select what is right for you? I am really against doing an RFP, and here are the 3 reasons why.” – (NOTE: Click the link to find out Bac’s 3 reasons) Nico Bac (LinkedIn Post, January 9th , 2024) Like salt and pepper, Abbott a

Procurement 69

Procurement 69

Art of Procurement

JANUARY 11, 2024

Effective today, Dial P for Procurement is the Art of Supply podcast. Building on the strength of the category-leading Art. The post Introducing Art of Supply appeared first on Art of Procurement.

Supply 143

Supply Procurement Risk management Risk 143

Supply Chain Brain

JANUARY 11, 2024

Companies planning longer-term fulfillment strategies for growth and resilience will need direction in reaching "order and delivery excellence," allowing them to move beyond siloed operations.

Strategy 140

Strategy 140

ProcurePort

JANUARY 9, 2024

In business, organizations rely on vendor relationships to shape their success. These relationships are complex and important for operations. Managing these relationships efficiently is no longer a choice but a strategic imperative. As businesses expand their network of suppliers, service providers, and collaborators, the complexity of vendor management grows exponentially.

Vendor management 130

Vendor management Vendor relationships Management Collaboration 130

SCMR (Supply Chain Management Review)

JANUARY 9, 2024

Developing agile, adaptable, and aligned supply chains can help the printing-paper industry weather supply chain turmoil.

Agile and Lean Supply Chain 101

Agile and Lean Supply Chain Supply chain Supply 101

Supply Chain Dive

JANUARY 12, 2024

Reuse and recycling could help the U.S. meet up to 40% of its demand for materials critical to the energy transition, according to a new scientific paper.

Demand 141

Demand 141

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

JANUARY 10, 2024

The National Roadway Safety Strategy showed that roadway safety planning improved for over 70% of the U.S. population while funding for safety improvements went towards 4,515 intersections.

Strategy 127

Strategy 127

IBM Supply Chain Blog

JANUARY 11, 2024

Look behind the scenes of any slick mobile application or commercial interface, and deep beneath the integration and service layers of any major enterprise’s application architecture, you will likely find mainframes running the show. Critical applications and systems of record are using these core systems as part of a hybrid infrastructure. Any interruption in their ongoing operation could be disastrous to the continued operational integrity of the business.

Data 100

Data Leadership Inventory Collaboration 100

Procurement Bulletin

JANUARY 7, 2024

Canada Continues Attracting Battery Producers Canada continues to attract investment in the battery supply chain. The latest is a Japanese company considering in investing $1.6 billion in building battery facility in Manitoba. Manufacturing in Canada Slows Down Manufacturing accounts for 10% of Canada’s GDP, but it saw a slowdown in manufacturing last month due to decreasing demand.

Supply chain 98

Supply chain Demand Supply 98

Supply Chain Dive

JANUARY 11, 2024

Wildfires, rains and droughts could cause shipping delays, while agricultural commodities might face shortages from weather and other factors, the analytics firm said.

Risk 140

Risk Supply chain Supply 140

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 Brain

JANUARY 8, 2024

The time for pandemic-era thinking is over. This will be the year of strategic supply chain design — but companies must be shrewd in their technology and vendor selection.

Supply chain 122

Supply chain Supply 122

SCMR (Supply Chain Management Review)

JANUARY 8, 2024

The bullwhip effect is used by many economists to explain current inventory market dynamics, but it is another term – inventory accelerator – that more accurately reflects what is happening.

Inventory 96

Inventory 96

SCMDOJO

JANUARY 8, 2024

In this fast-changing world, if you are a supply chain professional looking to stay up-to-date with the latest industry trends, podcasts are the best way to do so. Here we have compiled a list of must-listen supply chain podcasts for people who are interested in knowing everything about the industry. These podcasts cover the latest technological updates and advancements with different industry experts sharing their expertise and knowledge.

Supply Chain Efficiency 95

Supply Chain Efficiency Supply chain Supply Supply chain management 95

Supply Chain Dive

JANUARY 10, 2024

Excess inventory may be in focus, but climate change, geopolitics and structural supply chain challenges continue to threaten some goods.

Risk 140

Risk Inventory Supply Supply chain 140

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 Brain

JANUARY 8, 2024

Instead of seeing workers move onto factory floors, India appears instead to be de-industrializing.

118

118

The Network Effect

JANUARY 6, 2024

The post The 4 Top Challenges in Deploying AI in Healthcare and Pharmaceutical Supply Chains appeared first on The Network Effect.

Supply chain 94

Supply chain Supply Networking 94

IBM Supply Chain Blog

JANUARY 12, 2024

The integration of artificial intelligence (AI) has ushered in a new era of technological progress, offering a spectrum of benefits across industries. AI’s potential to revolutionize operations, enhance decision-making and drive innovation is undeniable. The advantages of AI are numerous and impactful, from predictive analytics that refine strategies, to natural language processing that fuels customer interactions and assists users in their daily tasks, to assistive tools that enhance acce

Data 94

Data Innovation Import Demand 94

Supply Chain Dive

JANUARY 8, 2024

Labor, materials, cybersecurity and insurance spending will likely continue to increase this year.

Supply chain 138

Supply chain Supply 138

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Supply Chain Optimization

Supply Chain Brain

JANUARY 9, 2024

Perhaps more than any other warehouse systems, sorters are also among the most time-tested and multi-faceted solutions in use today.

111

111

SCMR (Supply Chain Management Review)

JANUARY 9, 2024

Disruption is the new norm within the supply chain, but with C-suite backing, and the right decisions, supply chain managers can better prepare their organizations for the inevitable.

Supply chain 94

Supply chain Supply chain management Supply chain management Supply 94

Spend Matters

JANUARY 10, 2024

In this Spend Matters Vendor Analysis, we provide an overview of Covalyze and its solution for cost analytics. Many category managers and buyers struggle with data transparency and aggregation. Due to data segregated into multiple systems (ERPs, PLMs), lack of proper MDM, missing technical specifications and manual data management, it is difficult to the point of being nearly impossible to get a holistic view of all the data they need, especially when it comes to deep and detailed information on

Raw materials 93

Raw materials Category management Buyers Price 93

Supply Chain Dive

JANUARY 11, 2024

Regional hubs across the country are supporting the growth of local agriculture, tailoring services based on the area of the country and the farmers involved.

Supply chain 138

Supply chain Supply 138

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 Brain

JANUARY 11, 2024

Only about 2% of respondents said that they have no plans to implement GenAI in their operations over the next 12 months.

Supply chain 110

Supply chain Supply 110

SCMR (Supply Chain Management Review)

JANUARY 12, 2024

As shippers navigate goods around low water levels in the Panama Canal and risks in the Red Sea, rates are rising and the risk of downstream disruptions is growing.

Risk 93

Risk 93

IBM Supply Chain Blog

JANUARY 11, 2024

Successful business owners know how important it is to have a plan in place for when unexpected events shut down normal operations. Modern enterprises face many types of disasters, including pandemics, cyberattacks , large-scale power outages and natural disasters. Last year, companies around the world spent close to USD 219 billion on cybersecurity and security solutions, a 12% increase from the previous year according to the International Data Corporation (IDC) (link resides outside ibm.com.

Networking 92

Networking Data Risk Import 92

Supply Chain Dive

JANUARY 12, 2024

The agency will audit the aircraft maker’s 737-9 Max production line and suppliers like Spirit AeroSystems, which has been plagued by its own quality woes over the last year.

Quality 137

Quality Suppliers 137

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