Sat.Mar 02, 2024 - Fri.Mar 08, 2024

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Save Billions of Dollars in Counterfeiting: Brand Protection with Blockchain

All Things Supply Chain

The counterfeiting merchandise market has boomed over the last few years.

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Celebrate International Women’s Day

Procurement Templates

It’s time to celebrate! International Women’s Day is a wonderful occasion to celebrate the social, economic, cultural, and political achievements of women worldwide, while also advocating for gender equality. It’s a day to honour the contributions of women in every sphere of life and to recognize the progress that has been made, while also acknowledging the work that still needs to be done to achieve full gender parity.

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Procurement – much more than a job

Procurement Leaders

“Procurement is not a job, it’s a responsibility,” are words that will be nagging at the minds of a hundred procurement executives, following an impassioned speech by Henkel CPO Bertrand Conqueret in Frankfurt last week. As a founding member of Together for Sustainability (TfS) and a cofounder of the Sustainable Procurement Pledge, Bertrand was taking advantage of a prompt offered by the outgoing CPO of Innio, Thomas Janvier.

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Shippers should lock in trucking rates soon: experts

Supply Chain Dive

Carrier executives are beginning to show optimism for a rate recovery, which could spell rising costs for customers.

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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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Why Container Lines Don’t Fear the Massive Supply of New Ships on Order

Supply Chain Brain

The world’s major ocean container lines can’t get enough of big new ships — never mind the threat of severe overcapacity and a resulting downward pressure on freight rates.

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Procurement Playbook

Procurement Templates

A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services. Key components typically found in a procurement playbook include: Procurement policies and procedures: Clearly defined rules and regulations governing procurement process

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The role of ethical leadership in the supply chain

Supply Chain Dive

Here are five strengths leaders bring to foster trust and promote ethical conduct.

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In a Time of Risk and Uncertainty, Supply Chain Finance Takes Center Stage

Supply Chain Brain

As businesses struggle to conform their supply chains to the ever-changing the needs of the market, they’re constantly reminded of one core truth: In the end, it’s all about the money.

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When Procurement Bear Fruit

Procurement Templates

Ok, so we all agree that us procurement people are powerhouses to yield good results, well most of the time! We all love a good simile or metaphor or what ever it is, and they can be quite useful in getting down to the core qualities of something in one fell swoop. In a busy department, when trying to get to know your workmates, there is good way of getting to know each other, what fruit would you be?

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Spend Matters releases the Spring 2024 SolutionMap Insider featuring 79 procurement technology solutions

Spend Matters

Today Spend Matters is delighted to announce the release of its Spring 2024 SolutionMap and TechMatch℠ procurement technology rankings, which include 79 procurement technology vendors. Known as the most data-centric functionality assessment of procurement technologies in the industry, SolutionMap Insider put these 79 procurement technology vendors through rigorous functionality and capability assessments via 500+ RFI requirements across 12 source-to-pay (S2P) categories, with mandatory demos and

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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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Supply chain, manufacturing and procurement ‘a very big focus’ for cost-cutting CFOs

Supply Chain Dive

Executives' 2024 priorities make sense given geopolitical tensions and the rising costs of raw materials and other inputs, said Boston Consulting Group's Paul Goydan.

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Four Strategies for Enhancing Supply Chain Readiness and Resiliency

Supply Chain Brain

Optimizing supply chain readiness and resilience will remain a top priority for the automotive industry in the coming year, as executives manage the convergence of political, economic and environmental risks.

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Spot the mistakes Strategic Sourcing Framework

Procurement Templates

I asked my assistant to help me mock up a strategic sourcing framework and she did a fairly good job but made a few mistakes. Can you spot the mistakes! She’s added in category analysis twice and then she added a RFQ before a PQQ which means the flow isn’t quite right. A RFQ is used for low cost purchases and a PQQ is typically used for higher cost tenders.

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The Dawn of AI in Procurement: Unleashing a New Era of Efficiency and Insight

SCMR (Supply Chain Management Review)

The promise of faster transactions, lower costs, and widespread executive buy-in are driving AI-powered procurement to deliver new efficiencies and insights.

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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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Scope 3 will be a focus for large companies regardless of SEC rule outcome, KPMG says

Supply Chain Dive

Large companies will still need to track scope 3 emissions as part of California and European Union requirements, analysts said.

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Finally, the Logistics Industry Embraces Modernity

Supply Chain Brain

Industry consolidation will continue this year as a proving ground for companies’ tech. Two thousand twenty-four will be the year our industry begins to realize the promises of modernity.

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Food Logistics Tests Autonomous Trucking

Procurement Bulletin

Food Logistics Tests Autonomous Trucking Autonomous trucking startup, Kodiak Robotics, are testing a new delivery route to deliver refrigerated freight with their autonomous trucks for logistics company Martin Bower. Martin Bower’s big clients include McDonald’s, Chick-fil-A, Ikea and Maersk. China’s BYD Could Disrupt the EV Market As the world builds up the demand for EV’s, China’s leading EV manufacturer, BYD is building capacity with factories coming to Brazil, T

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The Supply Chain Triad

SCMR (Supply Chain Management Review)

The long history of academia, industry and students working together to create supply chain solutions has never been more important as complexity increases.

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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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Walmart sells intermodal assets to JB Hunt

Supply Chain Dive

One expert told Trucking Dive the retailer likely assessed it was better off eliminating its private intermodal fleet after reviewing operating costs.

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DSCSA Serialization: The Road to Compliance

Supply Chain Brain

Ten years after enactment by Congress, the Drug Supply Chain Security Act (DSCSA) serialization mandates finally took effect in November 2023. How ready are you?

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5G use cases that are transforming the world

IBM Supply Chain Blog

In the tech world and beyond, new 5G applications are being discovered every day. From driverless cars to smarter cities, farms, and even shopping experiences, the latest standard in wireless networks is poised to transform the way we interact with information, devices and each other. What better time to take a closer look at how humans are putting 5G to use to transform their world.

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3 Ways Data Can Be Better Utilized to Predict the Market Rebound

SCMR (Supply Chain Management Review)

For shippers, properly assessing market conditions is critical to bid season. Data, when used correctly, can be an asset to this process.

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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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Smaller suppliers’ finances have deteriorated since pre-pandemic

Supply Chain Dive

Large buyers have been pressuring suppliers, dragging down smaller, private firms’ operational efficiency, according to RapidRatings analysis.

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U.S. Takes Action on Cybersecurity Threat to Maritime Infrastructure

Supply Chain Brain

The administration announced a U.S. Coast Guard Maritime Security Directive on cyber risk management actions for ship-to-shore cranes manufactured by the People’s Republic of China.

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395: Women in Supply Chain, Lisa Dolan

Let's Talk Supply Chain

In today’s episode of Women In Supply Chain, I’m joined by Lisa Dolan – a multi-award-winning supply chain professional, board member and speaker, dedicated to empowering women and girls across the industry. Lisa is an experienced Supply Chain Executive, with a wealth of experience in global supply chain operations and reverse logistics management.

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How to become an AI+ enterprise

IBM Supply Chain Blog

We have all been witnessing the transformative power of generative artificial intelligence (AI), with the promise to reshape all aspects of human society and commerce while companies simultaneously grapple with acute business imperatives. In 2024, companies confront significant disruption, requiring them to redefine labor productivity to prevent unrealized revenue, safeguard the software supply chain from attacks, and embed sustainability into operations to maintain competitiveness.

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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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Ocean Network Express teases network changes for 2025

Supply Chain Dive

The shipping line’s CEO also said he expects the maritime industry to settle for four alliances instead of three moving forward.

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As North American Manufacturing Surges, Who Wins?

Supply Chain Brain

After several decades of progressive offshoring operations to save on labor costs, U.S. and North American manufacturing is progressively coming back home.

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Surviving the Supply Chain Arena

Art of Procurement

This week’s episode of Art of Supply features an interview with David Moran, an “unofficially retired” procurement and supply chain. The post Surviving the Supply Chain Arena appeared first on Art of Procurement.

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5G advantages and disadvantages: What business leaders need to know

IBM Supply Chain Blog

If you’re in the technology sector (or really, if you’re involved in any business that relies on digital technology at all), you’ve likely heard the buzz around 5G. The latest high-speed cellular network standard is poised to transform wireless connectivity as we know it and usher in a new age of digital transformation. Like any new technology, however, it’s wise to take a step back and consider the pros and cons before diving in.

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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.