Sat.Jun 17, 2023 - Fri.Jun 23, 2023

article thumbnail

10 Key Steps to Take Before Implementing Procurement Software

ProcurePort

As businesses strive to create leaner, more efficient operations, procurement software has emerged as a critical tool in this endeavor. This technology streamlines supply chain management, makes purchasing more transparent, and promotes more strategic decision-making. However, before jumping headfirst into implementing a digital procurement software, it is crucial to follow a sequence of key steps […] The post 10 Key Steps to Take Before Implementing Procurement Software appeared first on

article thumbnail

Chat GPT Take on Procurement Leadership

Procurement Templates

I asked Chat GPT about Procurement Leadership and I have to say the response is good! Who are the procurement leaders? ChatGPT As an AI language model with a knowledge cutoff in September 2021, I can provide you with information about prominent procurement leaders up until that time. However, I may not have up-to-date information on the most recent developments.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Checklist for a good Procurement contract

ABC of Procurement

Correct, procurement does not create contracts. The legal department does it. But if something goes wrong, we will have to deal with the consequences. The post Checklist for a good Procurement contract first appeared on ABC of Procurement.

article thumbnail

Your Ultimate Guide To Launching A Digitized Procurement Startup

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Your Ultimate Guide To Launching A Digitized Procurement Startup One of the biggest advantages of digitization in the procurement industry is that it allows you to use data analysis to make informed decisions. Management consulting firm Oliver Whyman reports that incumbent companies are currently being overshadowed by a total of 356 procurement startups that offer

article thumbnail

State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

article thumbnail

Should procurement teams aim for full maturity in all categories? Big bang or steady state? 

Procurement Leaders

Every year, Procurement Leaders’ research team explores category planning for the next 12 months. In previous years, we have looked at competitive pressures, market dynamics and savings forecasts. This time, we are looking at maturity. There is a vigorous debate in the world of procurement about the speed at which we transform categories. Some pioneering CPOs launch ‘big bangs’ in which categories are rolled out across the business in one rapid blast.

article thumbnail

Supply Chain Weekly Wrap-Up 06/16/2023-06/22/2023

All Things Supply Chain

Elon Musk says Tesla to come to India Tesla CEO Elon Musk has expressed his intention to bring Tesla to India “as soon as humanly possible” following a meeting with…

More Trending

article thumbnail

12 Best Construction Equipment Suppliers 2023 – Reviews & Pricing

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best Construction Equipment Suppliers 2023 — Reviews & Pricing A good house and building come from reliable construction equipment and materials. If you are searching for the right tools and equipment for your construction plan, you are on the right page.

Price 211
article thumbnail

Walmart opens high-tech fulfillment center in Indiana

Supply Chain Dive

The facility is the company’s largest to date and will move the retailer closer to its goal of offering two-day delivery to 95% of the U.S. population.

144
144
article thumbnail

Procurement Software – Delivering The Most Value Through Efficiency, Not Cost Reduction

ProcurePort

In the rapidly evolving business landscape, companies worldwide are embracing digital transformation to streamline operations, enhance productivity, and secure competitive advantages. A critical part of this digital journey involves redefining the procurement function, and procurement software is leading this revolution. Contrary to traditional belief, procurement is not only a cost-saving tool.

article thumbnail

Inflation & Procurement

Procurement Templates

What is inflation? ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. In other words, inflation means that, on average, you would need more money to buy the same amount of goods or services compared to the past. Inflation occurs when there is an imbalance between the supply and demand of money and goods.

article thumbnail

Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains

Speaker: Ethan Woolley, Director at Kharon

This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia

article thumbnail

Sales Order vs. Purchase Order – 8 Key Differences

Procurement Tactics

 Menu Course Library 1. Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes Access To All Unlimited access to all courses & templates Platform For Teams Procurement Tactics For Teams Where procurement teams build better skills, fas

article thumbnail

FedEx Freight’s closures focus on Arkansas, surrounding states

Supply Chain Dive

Customers in affected areas should keep an eye on any changes in pickup and delivery times, one expert noted.

143
143
article thumbnail

FedEx’s Profit Outlook Falls Short as Job Cuts Reach 29,000

Supply Chain Brain

FedEx has trailed UPS on profit margins even though its larger rival has a unionized workforce and pays its drivers more.

122
122
article thumbnail

The ‘Great Reset’ is underway

SCMR (Supply Chain Management Review)

While last year’s State of Logistics report highlighted the need to get back in sync, the 2023 version finds logistics operations building long-term resilience in an effort to best serve customers through a variety of distribution channels.

article thumbnail

The 2025 Annual ProcureCon CPO Report

Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for

article thumbnail

AI in Logistics – The Ultimate Guide

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter AI in Logistics — The Ultimate Guide Artificial intelligence is rapidly revolutionizing industries and logistics is not an exception. It changes how companies operate by providing applications that streamline planning, procurement, manufacturing, warehousing, distribution, transportation, and sales.

Logistics 193
article thumbnail

FedEx isn’t expecting a boost from UPS-Teamsters talks

Supply Chain Dive

The company is weathering a decline in demand, and relief doesn't appear to be coming from strike-fearing shippers.

Demand 143
article thumbnail

Podcast | AI, Automation and the Future of Work

Supply Chain Brain

Is artificial intelligence the technology that will finally make humans obsolete?

111
111
article thumbnail

This is the strangest economy

SCMR (Supply Chain Management Review)

With so much uncertainty and mixed economic signals, it is hard, if not impossible, to see trends or predict what will happen in the supply chain.

article thumbnail

Future-Proofing Enterprise Commerce: Why Extensibility Wins with Shopify

Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón

Enterprise commerce is evolving fast, and brands relying on rigid, one-size-fits-all solutions risk losing agility. But modernization doesn’t have to mean disruption. In this webinar, we’ll explore how an extensible, modular approach empowers brands to integrate new capabilities, enhance performance, and scale efficiently—all while leveraging Shopify’s strengths.

article thumbnail

Blanket Purchase Order – Everything You Should Know

Procurement Tactics

 Menu Course Library 1. Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes Access To All Unlimited access to all courses & templates Platform For Teams Procurement Tactics For Teams Where procurement teams build better skills, fas

article thumbnail

Electrolux streamlines air freight booking process

Supply Chain Dive

The electronic appliances shipper tapped Freightos’ Enterprise solution to improve shipment visibility and predictability.

130
130
article thumbnail

Marketing Tips for Supply Chain Companies

SCMDOJO

The realm of business today is incredibly competitive, with marketing standing as a critical determinant of a company’s triumph, particularly in the sector of supply chain. The good news is, I’ve got a cheat sheet of marketing tips designed to elevate your marketing strategy and give your supply chain company the boost it needs. Embrace Digital Marketing In this age where digital is king, merely existing online isn’t enough, it’s about leveraging this online platform opti

article thumbnail

The Benefits of Data-Driven 3D Printing for the Supply Chain

Supply Chain Brain

Data-driven 3D printing provides a significant boost to the efficiency and productivity of the supply chain, helping manufacturers respond more quickly and effectively to disruptions.

article thumbnail

The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

article thumbnail

12 Best Drop Shipping Suppliers 2023 – Pricing & Reviews

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best UK Drop Shipping Suppliers 2023 — Pricing & Reviews The drop shipping industry is saturated but it is still a profitable business in 2023. According to Statista, the global dropshipping market will reach $243.42 billion in 2023.

Price 163
article thumbnail

Walmart rolls out inventory service for third-party sellers marketplace

Supply Chain Dive

Inventory Transfer Services gives sellers the option to send goods to one centralized location and offer two-day to same-day shipping.

Inventory 124
article thumbnail

Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept. Companies often outsource or entrust these processes to third-party providers, reaping the abundant benefits of SCaaS.

article thumbnail

The Circular Supply Chain Is Driving Corporate Decarbonization

Supply Chain Brain

The growth of the circular economy and the logistics evolution that supports it are placing responsible action at the core of business culture and conduct.

article thumbnail

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.

article thumbnail

12 Best Construction Equipment Suppliers 2023 – Reviews & Pricing

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best Construction Equipment Suppliers 2023 — Reviews & Pricing A good house and building come from reliable construction equipment and materials. If you are searching for the right tools and equipment for your construction plan, you are on the right page.

Price 130
article thumbnail

Dick’s bans forever chemicals in its clothing supply chain

Supply Chain Dive

The retailer's restriction on PFAS, which are unable break down in the environment, applies to all of its vendors and suppliers.

article thumbnail

Chelsey Reynolds on Atomic Habits and Jumping into Supply Chain

Let's Talk Supply Chain

One of the major drivers of Women in Supply Chain is Let’s Talk Supply Chain’s commitment to supporting bridging the gender gap in the industry. And it isn’t just the right thing to do, it’s a smart investment for a business landscape hallmarked by uncertainty and yes, the more-than-occasional chaos. Research shows that having more Women in Supply Chain can empower more curiosity and agility —helping organizations meet and exceed business milestones with breakthrough performance.

article thumbnail

Panama Canal Experiencing Worst Drought in a Century

Supply Chain Brain

Shipowners and charterers are adjusting operations to meet the lighter-load requirements, and weighing the costs of routing shipments elsewhere.

105
105
article thumbnail

Brace for Impact. Unpredictable Tariff Disruptions Are Here––Your Playbook

Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.