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

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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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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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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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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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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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PepsiCo’s Supply Chain Journey to ‘Always Everywhere’

SCMR (Supply Chain Management Review)

PepsiCo is known for its iconic food and beverage items, but it required partnering with other organizations to truly remake its supply chain on a journey to be “always everywhere” for its customers.

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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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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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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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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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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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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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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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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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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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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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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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The diversity dividend: How inclusive businesses gain competitive advantage

IBM Supply Chain Blog

Companies with diverse workforces are better positioned to deliver truly customer-centric experiences to all consumers. For example, when building technology, it is important that employees are aware of the cultural connotations of color schemes, symbols, and graphics. Red signifies good fortune in Chinese culture but can denote danger or caution in Western cultures.

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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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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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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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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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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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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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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Deadly Ship Attack Means Red Sea Voyages Need Re-Think, Union Says

Supply Chain Brain

David Appleton, head of professional and technical at Nautilus, which represents more than 20,000 maritime workers, said the utmost priority should be the safeguarding of the lives of seafarers.

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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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Sievo: Vendor Analysis (Part 1) — Spend Analytics and Carbon Management solution overview, market analysis, company SWOT, competitors

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Sievo and its solution for spend and carbon management analytics. Procurement organizations need effective analysis to make informed decisions, identify cost-saving opportunities, manage risks, and measure and improve performance. Analytics enhances the overall effectiveness and strategic impact of the procurement function within an organization.

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Supply chain mistake part of Lordstown Motors SEC case

Supply Chain Dive

Lordstown misrepresented its timeline for delivering the Endurance electric pickup truck by failing to account for production delays due to parts problems, the SEC said.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Webinar: The supply chain leader’s complete guide to fleet management

Supply Chain Brain

Join Uber Freight and SupplyChainBrain for a timely webinar on best practices in fleet management. Our panel will dive into critical aspects of assessment, management, and bid execution, along with the current market dynamics that impact both shippers and carriers.

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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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Meet AI in Risk Management

Spend Matters

Artificial intelligence (AI) comes in many forms and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. In this series of articles, we explore the current state of AI in procurement technology. Today we cover the Risk Management market. We give an overview of its capabilities, a high-level market outline and an introduction to the emerging field of GenAI.

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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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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr