Supply Chain Brain
NOVEMBER 17, 2024
The role of chief technology officer has evolved significantly over the years, as businesses have come to rely more heavily on technological innovation for their very survival.
ABC of Procurement
NOVEMBER 22, 2024
We live in an era of Remote work. However, I rarely find remote procurement teams. Is there a real reason for it? The post Remote work in Procurement first appeared on ABC of Procurement.
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Procurement Templates
NOVEMBER 21, 2024
Core Procurement Skil ls Strategic sourcing Supplier relationship management Contract negotiation Vendor evaluation and selection Cost analysis and reduction Procurement planning Inventory management Spend analysis Risk management in procurement Market research Financial Acumen Budget management Total cost of ownership analysis Financial forecasting Return on investment (ROI) analysis Payment terms optimization Financial risk assessment Cost-benefit analysis Lifecycle costing Procurement financi
All Things Supply Chain
NOVEMBER 18, 2024
Imagine it’s Thanksgiving night. The turkey is roasted to perfection, the mashed potatoes are steaming on the table, and the sweet potatoes are ready to serve.
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Procurement Leaders
NOVEMBER 18, 2024
It’s amazing how revitalising a few days in the company of a group of procurement leaders can be. Guaranteed to recharge the inspiration batteries, face-to-face time with members is what’s best about being in this role. And being in Singapore for the Asia Pacific Procurement Congress last week left me in no doubt that the region continues to be a powerhouse of energy, innovation, creativity and growth.
Art of Procurement
NOVEMBER 21, 2024
In July of 2024, the USDA suspended production at a Boar’s Head meat processing plant in Jarratt, Virginia and the. The post Liverwurst, Listeria, and Liability: Food Safety at Boar’s Head appeared first on Art of Procurement.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
All Things Supply Chain
NOVEMBER 20, 2024
As climate change worsens, temperatures rise. Unfortunately, this decades-long trend shows no sign of stopping.
Procurement Freelancers
NOVEMBER 21, 2024
The world of procurement is evolving rapidly, and 2025 is set to bring significant shifts.… The post The Procurement Professional in 2025: Emerging Trends to Watch first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Dive
NOVEMBER 19, 2024
The retailer expects to quadruple its order processing output and ramp up next-day delivery thanks to four new facilities it opened this year.
SCMDOJO
NOVEMBER 17, 2024
Ready to unlock the secrets of the supply chain? These websites offer a treasure trove of knowledge to elevate your skills and drive business success. We have compiled this information after careful and in-depth research. Before we deep dive into the details of each website, look at the summarised value proposition table we have made for you: Which Platform to Choose?
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.
Spend Matters
NOVEMBER 20, 2024
In today’s interconnected global business environment, supply chain risk management (SCRM) has emerged as a critical discipline for organizations striving to maintain operational continuity and a competitive advantage. At its core, SCRM involves identifying, assessing and mitigating risks that can disrupt the flow of goods, services and information across a company’s supply chain.
Supply Chain Brain
NOVEMBER 20, 2024
Canada's deputy prime minister noted that while the U.S. and Canada are "perfectly aligned" on trade with China, "the same cannot be said of Mexico.
Supply Chain Dive
NOVEMBER 18, 2024
The pricing changes, slated to take effect in January, aim to provide a revenue boost for the financially struggling agency.
Procurement Insights
NOVEMBER 17, 2024
EDITOR’S NOTE: Today’s post is inspired by the following LinkedIn post by Marijn Overvest. Once you understand ChatGPT in procurement, even your coffee orders get a cost-benefit analysis. Once you know how to use it, there is no way you’ll ever work without it. Hope you liked this post! Repost to share with your network. My name is Marijn Overvest , I’m the founder of Procurement Tactics – we train procurement teams with online courses.
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
Spend Matters
NOVEMBER 19, 2024
As part of our theme this quarter on Procurement’s role and value in supply chain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways. We want to know what are their main concerns, how they intend to address them and how much they rely on tech to help.
Supply Chain Brain
NOVEMBER 20, 2024
Five major oil and chemical companies produce more plastic in two days than their Alliance’s projects have cleaned up over the past five years.
Supply Chain Dive
NOVEMBER 20, 2024
Increased automation and more efficient driver routes helped the retail giant accomplish the feat for the third consecutive quarter.
Procurement Freelancers
NOVEMBER 17, 2024
The purchasing profession is undergoing a transformative phase, with new trends emerging to redefine strategies… The post 2025 Trends Shaping the Future for Purchasing Professionals first appeared on Procurement Blog | Procurement & Supply Chain News.
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.
Spend Matters
NOVEMBER 19, 2024
As part of our Q4 research into supplier risk, third-party and supply-chain risk management (TPRM/SCRM) and the solutions that support it, we have not only conducted analyst- and market-led research in the shape of analyses, advisory, definitions and webinars, but taken the pulse of the practitioners who use that technology and who deal with risk on a daily basis (for example here and here ).
Supply Chain Brain
NOVEMBER 21, 2024
November 19 marked a year since Houthi rebels attacked the British-owned Galaxy Leader cargo ship as it moved through the Red Sea, taking its crew hostage.
Supply Chain Dive
NOVEMBER 18, 2024
The fashion brand's globally-diversified production footprint makes it well-positioned to mitigate potential tariff hikes, CEO Patrice Louvet said.
Procurement Insights
NOVEMBER 22, 2024
The above is not the ProcureTech transformation road you want to be on EQUATION-BASED While specific research on ProcureTech initiatives is limited, insights from broader digital transformation studies can be applied: Harvard Business Review (HBR) : Approximately 70% of digital transformation initiatives fail , with communication breakdowns being a primary cause.
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Spend Matters
NOVEMBER 20, 2024
In many cases, external workforce programs begin as a localized or regional effort, often driven by Human Resources or Procurement departments looking to improve talent or costs for their areas of management. The establishment of these localized programs will usually see more control, more visibility and better costs with how their company engages with the external workforce.
Supply Chain Brain
NOVEMBER 19, 2024
Procurement professionals must rise to the ESG challenge by leveraging supplier collaboration to ensure compliance and best practices in the extended supply chain.
Supply Chain Dive
NOVEMBER 18, 2024
The agency will also lean on expanded processing capacity and early morning courier routes to strengthen holiday service reliability.
Procurement Insights
NOVEMBER 22, 2024
Whenever someone decides to follow (or connect) with me on LinkedIn, I send out the following message: Hello, Stephen. I am glad you decided to follow me on LinkedIn. My community – 60,000 strong, includes some of the industry’s most insightful and influential thought leaders. As I engage with them regularly, I want you to feel they are also part of your community.
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.
Spend Matters
NOVEMBER 18, 2024
This Spend Matters Vendor Analysis gives an overview of smartKYC, a risk (supplier due diligence) solution built to ensure that organizations stay on top of reputational and compliance risks. With the increasing number of regulations in recent years that require companies to perform due diligence in their supply chains, e.g., the German Supply Chain Act, California Supply Chain Act, and EU’s Corporate Sustainability Due Diligence Directive (CS3D), companies are faced with multiple challeng
Supply Chain Brain
NOVEMBER 20, 2024
The average Thanksgiving turkey passes through three separate facilities and rides on four different trucks on its typical 760-mile journey from the farm to the supermarket.
Supply Chain Dive
NOVEMBER 18, 2024
The home improvement retailer plans to take a "differentiated" approach built on its previous efforts to navigate higher duties.
CPO Rising
NOVEMBER 22, 2024
Over the last few years, the contract management (or contract lifecycle management) solution space has seen some exciting new innovations, after lagging behind other areas in the supply management space… The post Evolution Continues in Contract Management appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
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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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