Top Pain Points For Fleets in 2024
All Things Supply Chain
MAY 20, 2024
In the bustling world of construction, fleets of vehicles and equipment are the gears that keep projects moving forward.
Sat.May 18, 2024 - Fri.May 24, 2024
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Procurement ethics – the dos and don’ts
ABC of Procurement
MAY 18, 2024
Especially for those new to procurement, navigating procurement ethics is sometimes complex. Here are the dos and don'ts. The post Procurement ethics – the dos and don’ts first appeared on ABC of Procurement.
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Supply Chain Sustainability: It Comes Down to the Data
Supply Chain Brain
MAY 22, 2024
When it comes to environmental impact, the supply chain has a visibility problem — and not just between external partners.
Evaluation Criteria for Professional Services
Procurement Templates
MAY 21, 2024
An example of typical evaluation criteria for professional services. Don’t forget this is a generic list and you will need to tailor it to your specific tender and ensure that it links back to the specification 1. Experience and Expertise (20 points) Number of years in business (5 points) Relevant industry experience (5 points) Technical expertise and certifications (5 points) Client portfolio and case studies (5 points) 2.
GEP Spend Category Outlook Report 2025
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.
World Procurement Congress 2024: We’re only just getting started
Procurement Leaders
MAY 20, 2024
And that’s a wrap! An incredible three days of inspiration, collaboration and networking saw the World Procurement Congress 2024 bring together more than 1,000 procurement rockstars in London, culminating in the glamour of the World Procurement Awards. What an experience, what an inspiration, what a community! It’s incredibly difficult to give justice to the sheer level of insight that was shared across the days of this event; the amount of progress that individual procurement executives will ma
Under Armour plans layoffs, 25% SKU reduction
Supply Chain Dive
MAY 23, 2024
The retailer is looking to “sell much more of much fewer products" over the long term, founder Kevin Plank said.
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Generative AI: Force Multiplier for Autonomous Supply Chain Management
The Network Effect
MAY 23, 2024
The post Generative AI: Force Multiplier for Autonomous Supply Chain Management appeared first on The Network Effect.
A CPO’s first 100 days: What to focus on and how to build a plan of attack
Spend Matters
MAY 24, 2024
As a member of senior management, we are expected to hit the ground running and show how we are driving change for the company. CPOs typically report to a C-Level member of the executive team, and being prepared before you arrive is critical. Many of us have our own beliefs for how to measure success, but I would argue that there are some fundamentals involving people, process, data and technology to exceed in our role and achieve company goals.
East Coast port labor talks spark shipper contingency plans
Supply Chain Dive
MAY 24, 2024
While there has not been a "wholesale shift" in volumes to the West Coast, conversations have started, per a Port of Los Angeles media briefing.
Nearshoring on the Rise: Navigating the Shift in EU Sourcing Trends
Supply Chain Brain
MAY 20, 2024
A shift to shorter supply chains not only helps manage the unpredictability of costs, but also strengthens supply chain resilience by reducing dependency on distant suppliers.
5 Ways You Can Win Faster with Gen AI in Sales
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.
How will quantum impact the biotech industry?
IBM Supply Chain Blog
MAY 20, 2024
The physics of atoms and the technology behind treating disease might sound like disparate fields. However, in the past few decades, advances in artificial intelligence, sensing, simulation and more have driven enormous impacts within the biotech industry. Quantum computing provides an opportunity to extend these advancements with computational speedups and/or accuracy in each of those areas.
A proactive supply chain risk posture is increasingly necessary — and finally possible
Spend Matters
MAY 23, 2024
This content does not express the views or opinions of Spend Matters. There has been a steady stream of supply chain crises in the news this spring, from shipping delays in the Middle East due to regional conflict to the halting of semiconductor production in Taiwan and the upending of imports and exports out of Baltimore. Each unexpected event serves as a reminder to stakeholders across the supply chain that disruption is inevitable — but it doesn’t have to be unpredictable.
Toyota debuts renewable energy system at Port of Long Beach
Supply Chain Dive
MAY 23, 2024
The resources generated by the new system will support Toyota Logistics Services’ vehicle-processing and distribution center at the port.
Port of Baltimore Closure May Cost $37M in Extra Demurrage
Supply Chain Brain
MAY 19, 2024
The Port of Baltimore has seen roro and container vessel traffic resume with the opening of a deep-water channel on May 14, allowing access to four alternative channels.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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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.
Enhancing triparty repo transactions with IBM MQ for efficiency, security and scalability
IBM Supply Chain Blog
MAY 24, 2024
The exchange of securities between parties is a critical aspect of the financial industry that demands high levels of security and efficiency. Triparty repo dealing systems, central to these exchanges, require seamless and secure communication across different platforms. The Clearing Corporation of India Limited (CCIL) recently recommended (link resides outside ibm.com) IBM® MQ as the messaging software requirement for all its members to manage the triparty repo dealing system.
Agiloft: Vendor Analysis — Contract lifecycle management solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
MAY 20, 2024
This Spend Matters Vendor Analysis provides an update on Agiloft and its contract lifecycle management (CLM) solution. We last covered Agiloft in 2020, and the provider has since continued to build advanced functionalities to appeal to large organizations. Agiloft’s product updates have centered around AI, including recent generative AI releases. Overall, the provider has cemented its position as a best-of-breed provider that can compete against any CLM provider on the basis of solution depth, w
Williams-Sonoma makes strides in delivery efficiency
Supply Chain Dive
MAY 24, 2024
The retailer limited instances of shipments originating from out-of-market areas and multiple deliveries per order in Q1.
Report: As E-Commerce Surges, Merchants Need to Fortify Supply Chains
Supply Chain Brain
MAY 22, 2024
Over the last year, 73% or merchants saw impacts to their businesses from international shipping problems such as delays, damaged products or theft.
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?
Enhance your data security posture with a no-code approach to application-level encryption
IBM Supply Chain Blog
MAY 23, 2024
Data is the lifeblood of every organization. As your organization’s data footprint expands across the clouds and between your own business lines to drive value, it is essential to secure data at all stages of the cloud adoption and throughout the data lifecycle. While there are different mechanisms available to encrypt data throughout its lifecycle ( in transit , at rest and in use ), application-level encryption (ALE) provides an additional layer of protection by encrypting data at its so
What is a procurement platform anyway?
Spend Matters
MAY 21, 2024
Many procurement solution providers claim to be ‘platform’ providers. What is the difference between an app provider and a platform provider? And does it even matter to procurement or others in general? In this article, prt of which originally published in 2014, our analysts explain why it does. This content is for members only. Visit the site and log in/register to read.
Shipping carrier diversification benefits Lulus in Q1
Supply Chain Dive
MAY 23, 2024
The fashion brand has added more delivery providers in recent quarters to offset rising shipping costs.
The Growing Role of the CFO in Crafting Sourcing Strategies
Supply Chain Brain
MAY 19, 2024
Manufacturers are rethinking their sourcing strategies, and for that exercise the chief procurement officer occupies center stage. But there’s another executive who’s playing an equally vital role.
GEP Outlook Report 2025
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
How to establish lineage transparency for your machine learning initiatives
IBM Supply Chain Blog
MAY 20, 2024
Machine learning (ML) has become a critical component of many organizations’ digital transformation strategy. From predicting customer behavior to optimizing business processes, ML algorithms are increasingly being used to make decisions that impact business outcomes. Have you ever wondered how these algorithms arrive at their conclusions? The answer lies in the data used to train these models and how that data is derived.
A practitioner’s view of AI in procurement – Are we there yet?
Spend Matters
MAY 22, 2024
Spend Matters is researching the personal viewpoints and the practical application of AI among leaders in the procurement profession. We are welcoming both opinion and real-life use cases from senior procurement and supply practitioners to bring genuine first-hand insights to like-minded procurement professionals. If you would like to join the dialog please reach out to us or submit your points of view or observations here.
Walmart fires back at Amazon in fast delivery race
Supply Chain Dive
MAY 20, 2024
The retailer delivered 4.4 billion items over the past 12 months with either same-day or next-day speeds.
Watch: The Rapid Evolution of AI in the Warehouse
Supply Chain Brain
MAY 19, 2024
Gina Chung, vice president corporate development with Locus Robotics, traces the progress of artificial intelligence in the warehouse, and the ever-broadening scope of functions that it's driving today.
10 Ways to Leverage Buyer Signals and Drive Revenue
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.
Analyst Map Inductee 3: Making A Case (Study) For Mintec
Procurement Insights
MAY 20, 2024
EDITOR’S NOTE: I am now starting to build my Analyst Solution Map of ten solution providers who I not only see as leaders in their specific area of service but will, through the use of an agent-based model , ensure successful implementations and promised practitioner outcomes. In short, my creditability as an analyst will be and is linked to your success.
Procurement Transformation: Six key success factors
Spend Matters
MAY 20, 2024
In this guest post from Jeff Gibbons of The Hackett Group, he identifies six (sometimes overlooked) critical factors to ensuring a successful procurement transformation. This content is for members only. Visit the site and log in/register to read. The post Procurement Transformation: Six key success factors appeared first on Spend Matters.
South Carolina Ports Authority’s operations pause stretches into Tuesday
Supply Chain Dive
MAY 21, 2024
A software issue led to impacts at both marine and inland terminals, according to initial findings reported Sunday.
French Shipping Giant Expects Slump in Cargo Rates
Supply Chain Brain
MAY 21, 2024
With the windfall that came as a result of soaring cargo rates during the COVID-19 pandemic, CMA CGM and others ordered vessels that are now entering service.
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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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