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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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.
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
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.
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.
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.
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Traditional Internet Technologies: Uncovering Their Role in Modern Supply Chain Solutions
SCMDOJO
MAY 20, 2024
Modern supply chains are more efficient and faster than ever before. However, the emergence of technology boosted brands’ access to customers in the first place, and thus, a need for more efficient supply chain practices. This article reviews how traditional internet technologies have influenced today’s supply chain solutions. The Importance of Modern Supply Chain Solutions As eCommerce becomes a more prevalent part of our business world, modern supply chain solutions have become the norm.
Four Cybersecurity Moves Every Manufacturer Can Make
Supply Chain Brain
MAY 22, 2024
Supply chain attacks have become increasingly sophisticated, and manufacturing stakeholders should prepare for the cyber threats that are most likely to impact their operations.
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.
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.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
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.
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.
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.
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.
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
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
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.
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.
Kent Outdoors names new supply chain officer
Supply Chain Dive
MAY 20, 2024
Dave D’Angelo has experience with product development in the sporting goods industry and will aim to help the company with new opportunities.
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.
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.
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
Staying Ahead of Changing Technology in Task Management
Supply Chain Brain
MAY 20, 2024
Unlike conventional software, which becomes outdated as time passes, newer AI-driven machine-learning systems become increasingly sophisticated with age.
1-800-Flowers.com offsets delivery rate hikes with logistics optimization
Supply Chain Dive
MAY 23, 2024
The gift provider's efforts include placing inventory closer to end customers as it looks to mitigate fuel surcharges and other fees.
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.
The Ultimate Guide to Transportation and Load Building Optimization
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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.
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.
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.
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.
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.
How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software
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.
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.
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.
H-E-B opens 8th e-commerce fulfillment facility
Supply Chain Dive
MAY 20, 2024
While some grocers are scaling back on opening e-commerce-focused facilities, the grocer plans to add more of them to its Texas footprint.
Intake and Orchestration in procurement: How do the solution providers define its role? – Focal Point
Spend Matters
MAY 21, 2024
Spend Matters chose Intake and Orchestration as its main research theme for this quarter because we believe it is the fastest-growing procurement tech market segment today. If you’d like to understand more about what intake management and orchestration mean for procurement, read our Guide to Intake and Orchestration. As part of our research, we are conducting analyst-led analysis / thought leadership , solution provider deep-dive analyses , webinars and interviews with both the practitioners who
The Evolution of Control Towers to Command Centers
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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.
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