Sat.Oct 14, 2023 - Fri.Oct 20, 2023

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Key Steps for Successful Procurement: The Power of RFx Software

ProcurePort

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.

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Positive Purchasing’s Capella: Vendor Analysis — Category Management solution, overview, competitors, tech selection tips, analyst summary

Spend Matters

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.

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Negotiating Lessons from Hollywood Labor

Art of Procurement

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.

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Advantages of Opting for Procurement Services

ProcurePort

• 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

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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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How Will 2023’s Peak Season Compare to Others?

Supply Chain Brain

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.

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Butter prices soar to record highs

Supply Chain Dive

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

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Jonathan O’Brien delivering Keynote Speech at Supply Chain Summit by SILF

Positive Purchasing

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.

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How Intelligent Automation Can Enable Sustainability in Manufacturing

Supply Chain Brain

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.

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This AI chatbot can help predict supply chain disruptions at farms

Supply Chain Dive

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.

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Advancing City Logistics and Sustainability with Urban Consolidation Centers

SCMR (Supply Chain Management Review)

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.

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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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SupplyChainBrain: Rutgers Business School to Host Arkestro’s Museum of Procurement

Arkestro

The Museum will be located for a spell in Newark, N.J., in celebration of the procurement industry’s history and future.

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A Four-Step Methodology for Leaner and More Effective Supply Chains

Supply Chain Brain

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.

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What do supply chains want for the holidays? Maximum fulfillment at optimal sustainability

Supply Chain Dive

How to meet holiday delivery demands while keeping sustainability in the driver’s seat.

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The Role of Blockchain in SCM, with Examples

SCMDOJO

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.

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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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GenAI in Logistics Begins With Understanding Use Cases

SCMR (Supply Chain Management Review)

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.

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Localizing Decision-Making Maximizes Benefits of Digital Tech Investments

Supply Chain Brain

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.

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Amazon to integrate drones into fulfillment network for faster delivery

Supply Chain Dive

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.

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Spend Matters Future 5 2023 – Introducing dSilo

Spend Matters

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

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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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How foundation models can help make steel and cement production more sustainable

IBM Supply Chain Blog

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.

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Prevalent Launches AI-Powered Virtual Third-Party Risk Advisor

Supply Chain Brain

The AI-powered program uses anonymized data to provide users with risk management insights based on various industry guidelines.

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FedEx scaling program that reduces air fleet downtime

Supply Chain Dive

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

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Key methodology for the 50 Providers to Know, 50 Providers to Watch selection – The science behind the analysis

Spend Matters

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.

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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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Empowering farmers across the digital divide in Malawi with OpenHarvest

IBM Supply Chain Blog

The landlocked country of Malawi, located in southeastern Africa, is home to rich, arable land and a subtropical climate suitable for farming. As a result, over 80% of the population is employed in agriculture, and their livelihood revolves around alternating rainy and dry seasons that dictate how the year’s planting, growing and harvesting will unfold.

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Where Are the Tech Experts Needed to Automate the Supply Chain?

Supply Chain Brain

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.

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For Supply Chain by Amazon to succeed, sellers have to trust it

Supply Chain Dive

Businesses must be willing to cede more of their supply chain management to the e-commerce giant amid increased scrutiny over its fulfillment services.

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Scoutbee makes the leap from a ‘Provider to Watch’ to a ‘Provider to Know’ in the 2023 best-in-class procurement solution lists

Spend Matters

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

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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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Revolutionizing budgeting and planning processes for a retail giant

IBM Supply Chain Blog

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.

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Rutgers Business School to Host Arkestro’s Museum of Procurement

Supply Chain Brain

The Museum will be located for a spell in Newark, N.J., in celebration of the procurement industry’s history and future.

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US ports by volume: How maritime cargo trends are stacking up

Supply Chain Dive

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.

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The Significance of Optimizing Your Supply Chain Network Design

SCMR (Supply Chain Management Review)

In today’s global supply chain, leaders must shift their focus toward building agility, resilience, and necessary redundancies within their respective supply chains.

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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.