ABC of Procurement
AUGUST 29, 2023
Procurement focuses either at their internal stakeholders or suppliers. But what are the forces that impact the economy, and market? There is a tool for it. The post Porter’s five forces – practical use first appeared on ABC of Procurement.
ProcurePort
AUGUST 31, 2023
In today’s manufacturing world, the competition is tough. Companies are constantly seeking innovative ways to reduce costs, increase efficiency, and streamline operations. One often overlooked but highly impactful area for optimization is the procurement process. By incorporating Request for Quote (RFQ) software, manufacturing companies can realize significant cost savings.
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Art of Procurement
AUGUST 31, 2023
In the book “Good to Great,” Jim Collins wrote about the flywheel effect, a prosperous cycle of work and adjustment. The post Dodging the Urban Doom Loop appeared first on Art of Procurement.
ProcurePort
AUGUST 31, 2023
Evaluate Needs & Usability: Understand auction specifics and prioritize an intuitive, mobile-responsive platform. Prioritize Features & Security: Opt for software with essential tools like dynamic bidding and ensure robust data protection. Reverse auctions, a procurement strategy where suppliers compete to win business by lowering their prices, have become increasingly popular with Procurement Teams for saving […] The post Expert Advice – Selecting the Right Reverse Auction S
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.
Supply Chain Dive
AUGUST 30, 2023
While not yet a heavy hitter against FedEx and UPS, experts say the service’s straightforward fees could entice small- and medium-sized businesses.
All Things Supply Chain
SEPTEMBER 1, 2023
Shell to Shelve Plan to Shrink Its Carbon Footprint Shell Plc’s Chief Executive Officer, Wael Sawan, has terminated the company’s ambitious carbon offsets program, a plan to develop environmental projects…
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
ProcurePort
AUGUST 27, 2023
In today’s hyper-connected business landscape, managing suppliers effectively has never been more crucial. With increased globalization and businesses relying on a vast network of suppliers for their products and services, the efficiency of supplier relationships can make or break a company’s success. This is where Supplier Management Software (SMS) comes into play.
Supply Chain Dive
AUGUST 31, 2023
The multi-year undertaking will allow the candy maker to balance existing capacity with future flexibility, an executive said.
The Network Effect
AUGUST 30, 2023
How the US Navy's NOSS (Naval Operational Supply System) solution will be more agile, responsive, and effective using a network approach.
Supply Chain Brain
AUGUST 31, 2023
FedEx shipping rates are expected to grow by an average of 5.9% for U.S. domestic, export and import services.
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.
IBM Supply Chain Blog
SEPTEMBER 1, 2023
In the simplest sense, a cybersecurity threat, or cyberthreat, is an indication that a hacker or malicious actor is attempting to gain unauthorized access to a network for the purpose of launching a cyberattack. Cyberthreats can range from the obvious, such as an email from a foreign potentate offering a small fortune if you’ll just provide your bank account number, to the deviously stealthy, such as a line of malicious code that sneaks past cyberdefenses and lives on the network for month
Supply Chain Dive
SEPTEMBER 1, 2023
Port leaders and government officials expressed relief at the approval of a six-year deal.
Spend Matters
AUGUST 31, 2023
Procurement professionals and IT leaders tasked with managing software procurement today can often only focus on the top 20% of vendors. Why? It’s a convergence of three main factors: lack of data, limited resources and inefficient tooling. SaaS and vendor management has become increasingly complex Procurement and IT are being inundated with software access, vendor intake and renewal requests.
Supply Chain Brain
AUGUST 30, 2023
The agreement will involve five vessels of 6,700 TEUs each, with MSC managing three of the ships.
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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.
Let's Talk Supply Chain
AUGUST 28, 2023
Today I’m joined by Reveel, a forward-thinking digital platform that is on a mission to level the playing field with innovative shipping intelligence technology that gives businesses control over their parcel shipping expenses. Reveel is the leading Parcel Shipping Intelligence Platform that enables companies to level the playing field with FedEx and UPS.
Supply Chain Dive
AUGUST 30, 2023
The railroad is still investigating the cause of the Monday outage, but does not believe it was a cybersecurity incident.
SCMR (Supply Chain Management Review)
AUGUST 30, 2023
GE Appliance’s FirstBuild microfactory approach is giving life to innovative ideas that may ultimately make people’s lives easier.
Supply Chain Brain
AUGUST 31, 2023
Healthy, modernized seaports are essential for the profitability of businesses and investors everywhere. Our new white paper answers these questions and details the areas of seaports where investments will bring the biggest payback.
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?
Procurement Bulletin
AUGUST 27, 2023
Chipmaker, Arm files for IPO Arm, the British chipmaker owned by Japan’s Softbank, saw Nvidia hit $13.5 billion in revenue in the most recent quarterly earnings report and though, “Hey, I want some of that too!” As the British chipmaker pivots to an AI-led strategy, they have filed for an IPO in New York instead of the UK. Big Oil Investing in Carbon Management As the world begins to move to electric for vehicles and transportation and the focus shifts to cleaner energy sources
Supply Chain Dive
SEPTEMBER 1, 2023
Approval of the contract ends more than a year of uncertainty surrounding West Coast ports and fears of a possible strike.
SCMR (Supply Chain Management Review)
AUGUST 30, 2023
As Hurricane Idalia made landfall on Wednesday morning along the Florida coast, the need for logistics and supply chain support following the storm will be great. ALAN’s executive director offers advice on how to get involved.
Supply Chain Brain
AUGUST 31, 2023
The world of business has entered a new era of due diligence. In this new era, the traditional approach taken by most companies is no longer sufficient to effectively identify and manage risks.
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
Arkestro
AUGUST 31, 2023
This AiThority guest post unravels the challenges of using generative AI in Supply Chain and Procurement operations across the world.
Supply Chain Dive
AUGUST 30, 2023
The move comes as microchips have become integral to the automaker's supply chain.
SCMR (Supply Chain Management Review)
AUGUST 31, 2023
With political and economic uncertainty, businesses may want to slow their push to move supply chains entirely out of China.
Supply Chain Brain
AUGUST 31, 2023
This paper offers comprehensive strategies to ensure enduring shipping operations, such as leveraging advanced technology to optimize logistics and using data to identify trends.
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.
Spend Matters
AUGUST 30, 2023
Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.
Supply Chain Dive
AUGUST 31, 2023
With electronics demand sluggish, vendors are funding price discounts more often to generate sales through the retailer.
SCMR (Supply Chain Management Review)
AUGUST 28, 2023
Supply chain leaders should consider the potential benefits of generative AI, robotics, and automation in supply chain management while being mindful of the implications for their teams.
Supply Chain Brain
AUGUST 30, 2023
The review, which was originally scheduled for 2024, will take place this year to ensure strong and resilient Australian supply chains.
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