Procurement Templates
MARCH 8, 2024
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.
Procurement Leaders
MARCH 4, 2024
“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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All Things Supply Chain
MARCH 4, 2024
The counterfeiting merchandise market has boomed over the last few years.
Supply Chain Brain
MARCH 5, 2024
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 Templates
MARCH 7, 2024
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
Supply Chain Dive
MARCH 8, 2024
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.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Spend Matters
MARCH 5, 2024
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
Procurement Templates
MARCH 6, 2024
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?
Supply Chain Brain
MARCH 6, 2024
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.
Supply Chain Dive
MARCH 7, 2024
Carrier executives are beginning to show optimism for a rate recovery, which could spell rising costs for customers.
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.
SCMR (Supply Chain Management Review)
MARCH 4, 2024
The promise of faster transactions, lower costs, and widespread executive buy-in are driving AI-powered procurement to deliver new efficiencies and insights.
Procurement Templates
MARCH 3, 2024
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.
Supply Chain Brain
MARCH 3, 2024
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?
Supply Chain Dive
MARCH 4, 2024
One expert told Trucking Dive the retailer likely assessed it was better off eliminating its private intermodal fleet after reviewing operating costs.
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
SCMDOJO
MARCH 8, 2024
In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries.
Procurement Bulletin
MARCH 3, 2024
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
Supply Chain Brain
MARCH 4, 2024
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.
Supply Chain Dive
MARCH 5, 2024
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.
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.
IBM Supply Chain Blog
MARCH 8, 2024
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.
SCMDOJO
MARCH 8, 2024
Are you struggling to reach your target audience and maximize your revenue? It’s time to unlock the power of distribution channels. Distribution channels are the key to expanding your reach and boosting your bottom line. By effectively leveraging these channels, you can tap into new markets, connect with potential customers, and accelerate your growth.
Supply Chain Brain
MARCH 8, 2024
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.
Supply Chain Dive
MARCH 4, 2024
Large buyers have been pressuring suppliers, dragging down smaller, private firms’ operational efficiency, according to RapidRatings analysis.
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Let's Talk Supply Chain
MARCH 8, 2024
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.
Art of Procurement
MARCH 7, 2024
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.
IBM Supply Chain Blog
MARCH 4, 2024
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.
Supply Chain Dive
MARCH 4, 2024
Large companies will still need to track scope 3 emissions as part of California and European Union requirements, analysts said.
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.
Supply Chain Brain
MARCH 7, 2024
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.
SCMR (Supply Chain Management Review)
MARCH 5, 2024
The long history of academia, industry and students working together to create supply chain solutions has never been more important as complexity increases.
Spend Matters
MARCH 4, 2024
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.
Supply Chain Dive
MARCH 6, 2024
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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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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