Sat.Aug 12, 2023 - Fri.Aug 18, 2023

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What advice have you received that has stood the test of time?

Procurement Insights

My career has spanned many decades – and yes, 64 is the new 46, during which I have had the opportunity to meet, talk with at length and do business with some amazing people. That is one of the main benefits of hosting and guesting 900 podcasts and several television and terrestrial radio shows. In short, it is the relationships you forge and what you learn along the way that is the real benefit.

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Why Change Management Is Crucial In Procurement Transformation Projects

Barkers Procurement

Efficiency and cost cutting are everything in procurement, and when you implement changes to improve these, it’s inevitable that you’re going to cause some disruption. To keep the project on course and transition smoothly, you need a solid change management programme. Without one, your procurement transformation project can really come off the rails.

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CPO Rising 2023: Procurement’s Biggest Challenges

CPO Rising

Today, we feature our ongoing coverage of this year’s 18th-annual CPO-themed report, where my team and I continue our nearly two-decade-long dialogue with chief procurement officers (CPOs) and other procurement leaders.

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[Pod] The Care and Feeding of the Procurement Startup Ecosystem

Art of Procurement

Looking at any of the digital procurement ‘spider charts’ suggests that procurement is an incubator for a vast array of. The post [Pod] The Care and Feeding of the Procurement Startup Ecosystem appeared first on Art of Procurement.

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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.

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The Big Interview with Fraser Macdonald

Procurement Heads

For Procurement Heads’ latest Big Interview, he spoke with  Sagar Bhardwaj  about his procurement career. How did you get into Procurement? My career in procurement started when I completed my apprenticeship in business and administration at 17, working within the local authority where I was part of the property management and investment team and was involved in the publication of pin notices, quick quotes and mini competitions.

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Supply Chain Weekly Wrap-Up 08/11/2023-08/17/2023

All Things Supply Chain

EV battery imports from China now face scrutiny under US law The U.S.

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Walmart Supply Chain: Building a Successful Integrated Supply Chain for Sustainable Competitive Advantage

SCMDOJO

Introduction The global business landscape has witnessed an increasingly fierce competition, pushing companies to seek effective strategies to maintain and enhance their competitiveness. Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

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354: Stop Supply Chain Chaos and Get One Step Ahead, with Osa Commerce

Let's Talk Supply Chain

  Today I’m joined by Osa Commerce , an innovative software provider that is on a mission to tackle data chaos in the supply chain. Osa specialize in connecting, unifying, and automating commerce operations for retailers, logistics providers and their customers. With its advanced AI-powered collaborative visibility platform and intelligent decision-making capabilities, Osa powers supply chains to sell wherever their customers are, so they can focus on scalable growth – and be one step ahead.

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Top U.S. Firms from Apple to Intel Decry India PC Import Curbs

Supply Chain Brain

In a letter to U.S. officials, eight American trade groups asked the Department of Commerce, the U.S. Trade Representative and the government to urge India to reconsider the policy.

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The Importance Of Supplier Auditors In Ensuring Quality And Compliance

Procurement Freelancers

Ensuring the calibre and conformance of vendors: Is this something you desire? Well, look no… The post The Importance Of Supplier Auditors In Ensuring Quality And Compliance first appeared on Procurement Blog | Procurement & Supply Chain News.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

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.

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US Open heralds new era of fan engagement with watsonx and generative AI

IBM Supply Chain Blog

As the tournament’s official digital innovation partner, IBM has helped the US Open attract and engage viewers for more than three decades. Year after year, IBM Consulting works with the United States Tennis Association (USTA) to transform massive amounts of data into meaningful insight for tennis fans. This year, the USTA is using watsonx , IBM’s new AI and data platform for business.

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Yellow’s top 30 unsecured creditors may see little or no money

Supply Chain Dive

The government’s estimated 30% stake in the bankrupt company puts it first in line for funds raised through sales of the LTL carrier’s assets, an expert says.

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Watch: Warehouse Automation Is More Than Just Robotics

Supply Chain Brain

Robotics and artificial intelligence are on everyone's mind, but many operators don't need that level of technology at this point, says Jason Joachim, chief executive officer of Cargo Spectre.

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Tonkean: Vendor Analysis — Intake management solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Tonkean, an IT platform that intelligently automates the intake, triage and coordination of every procurement request. Tonkean’s capabilities place it among the new solution category of intake management solutions that seek to enhance user experience and adoption. This Vendor Analysis also explores the concept behind Tonkean’s platform, application and supporting services.

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Freight Procurement Simplified: Bids from Hours to Minutes

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

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From Peril to Preparedness: Navigating Supply Chains Amid Changing Climate Dynamics

SCMR (Supply Chain Management Review)

Extreme weather events that were once considered anomalies are now becoming part of our daily lives. Artificial intelligence is providing new opportunities for supply chains to mitigate some of these risks.

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What’s behind the summer of supply chain labor unrest?

Supply Chain Dive

From port disruptions to UPS and Yellow's dust-ups with the Teamsters, disputes between unions and employers are a recurring threat to the steady flow of goods.

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MSC Could Face Charges for Allegedly Overcharging Customers

Supply Chain Brain

The FMC audited MSC’s D&D charges in 2021 after receiving claims that the company issued the same daily rate for both operating and non-operating reefers (NORs).

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The Market Speaks: Procurement practitioner requirements and the tech vendor response — JAGGAER

Spend Matters

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.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

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.

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The Nearshoring Revolution Is Just Beginning

SCMR (Supply Chain Management Review)

To make better informed decisions, companies must expand the equation to understand the cost of risks associated with quality, warranty, inventory, write-offs, and lead time, including ESG factors and service levels says AlixPartners, in a new report detailing the supply chain’s impact on nearshoring.

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4 ways Cainiao is thinking about logistics tech

Supply Chain Dive

Group VP and General Manager of Logistics Technology Ding Hongwei discusses future tech opportunities, adoption challenges and falling behind the curve.

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CEVA Logistics Drives Agile, Multi-leg Inbound Flows for Tech Company

Supply Chain Brain

CEVA Logistics, a global leader in third-party logistics, was contracted to help a technology company manage their complex supply chain, supporting B2B, B2C, and reverse flows across multi-leg transport.

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The Market Speaks: Procurement practitioner requirements and the tech vendor response — Fairmarkit

Spend Matters

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, via vendor interviews, event attendance and via product demos with the aim of keeping tech-selection decision makers ahead of the market trend curve. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

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The Ultimate Guide to Transportation and Load Building Optimization

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.

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Supply Chains Can’t Find Talent With The Right Skill Sets

SCMR (Supply Chain Management Review)

Sixty-four percent of Alcott Global survey respondents said a lack of the appropriate skillset is the biggest obstacle to hiring new supply chain talent.

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Mitsubishi Motors Europe, Vinturas partner on blockchain-powered supply chain

Supply Chain Dive

The automaker will use blockchain technology from Vinturas to precisely track the movement of newly built vehicles from its factories to consumers.

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Streamlining the path to SAP® S/4HANA

Supply Chain Brain

Join OpenText experts at this webinar with Supply Chain Brain to hear best practices and lessons learned from S/4HANA migration, with a special focus on B2B integration.

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Analyst eye on can ‘simplicity’ and ‘actionability’ coexist?

Spend Matters

Continuing our series of analyst observations on procurement tech market movements, this week we are considering how vendors strike a balance between providing a simple solution and providing one that enables deep insight and impactful actions. This content is for members only. Visit the site and log in/register to read. The post Analyst eye on can ‘simplicity’ and ‘actionability’ coexist?

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

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.

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Applying cyber resilience to DORA solutions

IBM Supply Chain Blog

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. DORA establishes technical standards that financial entities and their critical third-party technology service providers must implement in their ICT systems by January 17, 2025.

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Who will pay to decarbonize the supply chain?

Supply Chain Dive

Some brands are helping their suppliers reduce greenhouse gas emissions. Others are dumping new requirements on vendors without shouldering any of the costs.

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EV Batteries, Car Parts Now Scrutinized Under U.S. Forced Labor Law

Supply Chain Brain

Batteries, tires, steel and aluminum were added to the list of Chinese imports that should be more heavily scrutinized by U.S. Customs and Border Protection.

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When Reshoring Projects Fail

SCMR (Supply Chain Management Review)

The temptation to reshore manufacturing is growing, but there are pitfalls that can derail a project if proper planning is not part of the process.

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The Evolution of Control Towers to Command Centers

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.