Sat.Jan 06, 2024 - Fri.Jan 12, 2024

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CPO Crunch: Looking back on the ‘year of AI’

Procurement Leaders

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”.

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The Missing Link: Procurement’s Critical Role in Maximizing Reverse Logistics Efficiency

Supply Chain Brain

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.

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When the dust settles, what can AI actually deliver in procurement?

Spend Matters

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.

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What does the C-Suite think about procurement? Are we still living in a van down by the river?

Procurement Insights

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?

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From Rigid To Resilient: Why Enterprises Need Shopify's Modular Commerce Now

Speaker: Benjamin Woll

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Shopify’s modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how Shopify’s composable approach helps modernize commerce stacks while maintaining control over critical systems.

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Would you really use an RFP to buy procurement technology? REALLY!!

Procurement Insights

“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

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Introducing Art of Supply

Art of Procurement

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.

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Five Stops on a Road Map to the ‘Perfect Order’

Supply Chain Brain

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
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How to Implement Vendor Management Software Successfully

ProcurePort

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.

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10 Must-Listen Supply Chain Podcasts for Industry Professionals

SCMDOJO

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.

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Circularity could reduce dependence on China for rare earths: study

Supply Chain Dive

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.

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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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USDOT Provides Update on Transportation Infrastructure Improvements

Supply Chain Brain

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.

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New Year Insights for the procurement solutions and services marketplace 2024: SpendHQ

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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Turning the Page: One industry’s paper-thin use of AAA

SCMR (Supply Chain Management Review)

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

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Extreme weather is 2024’s top supply chain risk: Everstream

Supply Chain Dive

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

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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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2024 Predictions: A New Era of Strategic Supply Chain Design

Supply Chain Brain

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.

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New Year Insights for the procurement solutions and services marketplace 2024: Amazon Business

Spend Matters

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. We are highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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Modernizing mainframe applications with a boost from generative AI

IBM Supply Chain Blog

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.

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Shortages 2024: What supplies are still at risk after years of disruption?

Supply Chain Dive

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

Risk 139
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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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India Facing Surprising Shortage of Factory Workers

Supply Chain Brain

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

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Covalyze: Vendor Analysis — Cost analytics solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

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

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Canada Continues Attracting Battery Producers

Procurement Bulletin

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.

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Supply chain trends 2024: rising operations costs

Supply Chain Dive

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

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Choosing Warehouse Sorting Systems for the Future

Supply Chain Brain

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

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Billhop: Vendor Analysis — Working capital financing and tail spend management solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Billhop and its solution for working capital financing and tail spend. Billhop addresses common payments pain points for large enterprise organizations, such as working capital and tail spend. ERP systems normally have issues that cause problems for buyers, such as low value transactions and high costs to onboard suppliers.

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Digital Learning in Uncommon Fields: How Niche Subjects Are Taught Online for College Students

SCMDOJO

Digital learning has reshaped the realm of education, providing college students with the chance to explore a wide range of subjects online. With the rise of digital education, students now have access to courses that were once considered too specialized or unusual for traditional classrooms. This shift has opened doors for learners to delve into unique and fascinating fields of study, such as supply chain , from the comfort of their homes.

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Federal program aims to solidify food supply chains

Supply Chain Dive

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.

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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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Navigating Peak Seasons: E-commerce Fulfillment Best Practices

Supply Chain Brain

Throughout the year, there are certain times in which it's particularly important for consumers to have a flawless e-commerce experience.

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Predictions for the future of the CLM market

Spend Matters

While 2023 was not necessarily a transformative year for the typically innovative area of contract lifecycle management (CLM), it did lay the groundwork for the market’s future. Of course, much of this is due to generative AI (GenAI). Many CLM providers unveiled GenAI-based chatbots throughout the year, with some also developing or releasing more advanced features.

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Adapting Classical Literature for Modern E-Learning Platforms: A College Perspective

SCMDOJO

In the realm of college education, classical literature has always held a prestigious position. The study of timeless works by authors like Shakespeare, Jane Austen, and Homer provides students with insights into the human condition and the historical contexts that shaped these narratives. However, as digital technology reshapes the educational landscape, the way students interact with these classical texts is also evolving with fast paced adoption of Modern E-Learning Platforms such as SCMDOJO

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FAA steps up oversight of Boeing production in wake of Alaska Airlines incident

Supply Chain Dive

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.

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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.