ProcurePort

OCTOBER 17, 2023

Businesses always want to make their procurement processes simpler, choose better vendors, and spend less money. This is where RFx software comes into play. RFx is a tool that helps organizations improve their sourcing efforts. It stands for Request for Information, Request for Proposal, and Request for Quotation. This article will discuss RFx software. […] The post Key Steps for Successful Procurement: The Power of RFx Software appeared first on ProcurePort Blog.

Procurement 130

Procurement Sourcing 130

Spend Matters

OCTOBER 16, 2023

This Spend Matters Vendor Analysis gives an overview of Positive Purchasing’s Capella, a category strategy management solution. Despite being a discipline at the center of many procurement discussions, many organizations fail to execute Category Management (CatMan) in the most efficient or effective way. Too often, steps are missed, or strategies are not applied because they reside in Powerpoints, Sharepoints, etc.

Category management 97

Category management Management Buyers Strategy 97

Art of Procurement

OCTOBER 19, 2023

Why did the Hollywood writers’ strike take so long to resolve and why is the screen actors’ guild still on. The post Negotiating Lessons from Hollywood Labor appeared first on Art of Procurement.

Negotiation 94

Negotiation Procurement Risk management Leadership 94

ProcurePort

OCTOBER 20, 2023

• Opting for procurement services offers cost savings through improved negotiations, volume discounts, and strategic sourcing, along with significant time efficiency gains and streamlined processes. • Procurement services provide benefits such as improved supplier relationships, risk management, scalability, access to market intelligence, sustainability practices, and continual process improvement, allowing businesses to focus on their core […] The post Advantages of Opting for Procurement

Procurement 130

Procurement Strategic sourcing Strategic sourcing Risk management 130

Advertisement

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.

Supply Chain Optimization

Supply Chain Brain

OCTOBER 16, 2023

If businesses fail to get rid of their supplies, they won’t be able to survive, because they will be forced to refinance all their debt at higher interest rates.

Supply 124

Supply 124

Supply Chain Dive

OCTOBER 16, 2023

Cersi, a virtual analyst introduced by agtech startup Helios, can be used by large food companies to manage commodity risks in the face of climate change and market volatility.

Supply chain 133

Supply chain Risk Supply Management 133

Positive Purchasing

OCTOBER 20, 2023

Putting Sustainable Procurement in the Spotlight Our CEO, Jonathan O’Brien, will be delivering a keynote speech on the topic of ‘Making Sustainable Procurement Happen’ at the Supply Chain Summit by SILF on 9 November in Stockholm, Sweden. The need to drive sustainability deep into everything an organization is and does is no longer in question, in fact our very future depends upon it.

Supply chain 109

Supply chain Sustainability Supply Procurement 109

Supply Chain Brain

OCTOBER 16, 2023

Despite the many challenges involved, it’s becoming clear that brands who adapt to this new reality will be the ones that secure consumers’ loyalty.

Sustainability 124

Sustainability 124

Supply Chain Dive

OCTOBER 19, 2023

Prime Air drones will deploy at same-day delivery sites rather than standalone facilities as the company scales its use of the emerging transportation method.

Networking 132

Networking 132

SCMR (Supply Chain Management Review)

OCTOBER 19, 2023

Public policy has begun to play a significant role in emboldening improvements in logistics practices in dense urban cities and carbon neutrality pledges signed by several cities around the world have emphasized the criticality of creating a future-forward urban supply chain network.

Logistics 109

Logistics Sustainability Networking Supply chain 109

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

SCMDOJO

OCTOBER 14, 2023

Blockchain has evolved as a highly secure and fast way of managing transactions and has proven benefits in almost all fields. In the latest systems, we can see its benefits in full swing. Here, we’ll discuss how it becomes useful for SCMs and what are some blockchain supply chain examples. For a better understanding, let’s explore some basic concepts.

Supply Chain Efficiency 105

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 105

Supply Chain Brain

OCTOBER 17, 2023

Supply chain decision-makers are caught in a balancing act of competing priorities. To analyze the tradeoffs, many are investing in digital technologies. Often, however, that investment has yet to yield positive results.

Supply chain 111

Supply chain Supply 111

Supply Chain Dive

OCTOBER 20, 2023

Supply is constrained going into the holiday baking season due to lower production and increased summer demand for ice cream and other products.

Price 136

Price Demand Supply 136

Spend Matters

OCTOBER 19, 2023

The procurement technology market is evolving rapidly and deploying the latest power that innovation can bring to support the changing and challenging needs of its customers. In an ever-crowded space it’s hard for those who rely on these platforms and systems to keep ahead of the latest developments. For that reason, Spend Matters analysts make it their mission to scour the market to find those new solution providers that can fulfil a very specialist role to fulfill the procurement needs of toda

e2e 103

e2e Contract Contract management Procurement 103

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

Procurement Freelancers

OCTOBER 16, 2023

In today’s intricate corporate environment, procurement specialists play an ever-more-important role. An organization’s process of… The post Top Qualities of a Procurement Specialist for You to Know first appeared on Procurement Blog | Procurement & Supply Chain News.

Quality 97

Quality Procurement Supply chain Import 97

Supply Chain Brain

OCTOBER 15, 2023

The methodology known as ESSA — for eliminate, simplify, standardize and automate — can help supply chains overcome an abundance of unusable technology as they pursue digital transformation.

Supply chain 115

Supply chain Supply 115

Supply Chain Dive

OCTOBER 18, 2023

The logistics giant plans to expand the use of Mojix's inventory tracking platform, which keeps tabs on aircraft parts, beyond the U.S.

Inventory 126

Inventory Logistics 126

Spend Matters

OCTOBER 17, 2023

2023 marks the tenth annual release of the Spend Matters 50 Providers to Know and 50 Providers to Watch lists that represent the best technology providers that serve procurement, finance and supply chain organizations. For a decade, the Spend Matters analyst team has determined the lists through rigorous analysis that factors, among other things, market presence, tech competency, innovation and solution delivery.

Data 104

Data Procurement Supply chain Innovation 104

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

IBM Supply Chain Blog

OCTOBER 17, 2023

Heavy industries, particularly cement, steel and chemicals, are the top greenhouse gas emitting industries, contributing 25% of global CO2 emission. They use high temperature heat in many of their processes that is primarily driven by fossil fuel. Fighting climate change requires lowering heavy industry emissions. However, these industries face tremendous challenges to reduce greenhouse gas emissions.

Sustainability 96

Sustainability Supply Chain Optimization Quality Raw materials 96

Supply Chain Brain

OCTOBER 15, 2023

Much of modern-day technology aims to minimize or eliminate the role of people in business processes. Ironically, though, the creation of such systems depends on human experts — and there aren’t enough of them.

Supply chain 110

Supply chain Supply 110

Supply Chain Dive

OCTOBER 17, 2023

The amount of containers handled at 12 major gateways can help show how the economy is faring. Use this tracker to dig into trends by seaport, coast and month.

121

121

Spend Matters

OCTOBER 18, 2023

Spend Matters is once again delighted to release the ‘ 50 Procurement Providers to Kno w’ and ‘ 50 Procurement Providers to Watch ’ lists, announced at the SIG Global Executive Summit on October 17. For the tenth year in a row, our analysts have debated intensely to determine which companies across the procurement technology market sectors deserve closer attention as best-in-class or up-and-coming. ‘50 Procurement Providers to Watch’ are relative newcomers with innovative products that could pro

Procurement solutions 102

Procurement solutions Procurement Suppliers Management 102

Advertisement

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

Supply Chain Optimization

Procurement Freelancers

OCTOBER 18, 2023

Businesses encounter various problems and uncertainties in the complex and changing terrain of contemporary supply… The post Why Supplier Sourcing Solutions Are Essential for Modern Supply Chain Management? first appeared on Procurement Blog | Procurement & Supply Chain News.

Supply chain management 95

Supply chain management Supply chain management Sourcing Supply chain 95

Supply Chain Brain

OCTOBER 19, 2023

During a panel discussion, participants examined the efficient services being provided by the energy sector with Dennis Malkoc, the business development manager at Universal Africa Lines.

Logistics 98

Logistics Management 98

Supply Chain Dive

OCTOBER 16, 2023

The logistics company will use the robotics company's Stretch robot to unload hundreds of boxes per hour, helping its automotive, consumer retail and technology shippers.

Logistics 113

Logistics 113

Spend Matters

OCTOBER 18, 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. The 50/50 and Future 5 are three lists which consist of 105 vendors. Each year, the Spend Matters analysts spend weeks whittling down the various vendors they have seen and demo’d over the year into these three lists.

Procurement 98

Procurement Purchasing Supply Chain Efficiency Management 98

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

SCMR (Supply Chain Management Review)

OCTOBER 18, 2023

Generative AI will quickly and significantly alter many aspects of supply chain — from overall strategy to the day-to-day activities of employees and their teams.

Logistics 97

Logistics Supply chain Strategy Supply 97

IBM Supply Chain Blog

OCTOBER 19, 2023

Landmark Retail is one of the largest omnichannel retailers across the Middle East and Northern Africa (MENA), India and Southeast Asia (SEA). It is a division of Landmark Group, a well-known multinational retail and hospitality conglomerate headquartered in Dubai. The group’s journey started as a single store in Bahrain five decades ago. Today, Landmark Group has evolved into a powerhouse of 2200 stores across 21 countries.

Budget 91

Budget Data Change management Innovation 91

Supply Chain Dive

OCTOBER 20, 2023

The drug store retailer is trying to keep its relationships with suppliers intact, including with drugmaker McKesson, which had threatened to stop shipping products.

Suppliers 115

Suppliers 115

Spend Matters

OCTOBER 17, 2023

After 12 months of intense debate, Spend Matters is delighted to release the 2023 ‘ 50 Procurement Providers to Know ’ and ‘50 Procurement Providers to Watch ’ lists. This year celebrates 10 consecutive years of the 50/50 lists, released in conjunction with the fifth year of recognizing five innovative procurement tech startups — the Future 5. The lists were announced today at the SIG Global Executive Summit in Scottsdale, Arizona.

Innovation 97

Innovation supply chain software solutions Supply Chain Efficiency Procurement 97

Advertisement

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

Real-time Visibility