Sat.Dec 21, 2024 - Fri.Dec 27, 2024

article thumbnail

442: On The Margins – How to Thrive Through Cost-Cutting and Corporate Changes

Let's Talk Supply Chain

Its a couple of days before the holidays, the Lets Talk Supply Chain team are having a well-deserved break, and so today, instead of an interview, were bringing you one of my favorite recent episodes from one of our live shows On The Margins with Coupa. On the Margins inspires business leaders to explore the what-ifs of success in the modern era. The show explores the often overlooked and seemingly marginal aspects of procurement, supply chain, and finance operations to reveal thought-provokin

article thumbnail

Looking back, looking forward

Procurement Leaders

First, happy holidays! As CPO and leader of procurement strategy, you deserve a break because the past 12 months have been challenging to say the least. In fact, its a good job that your average chief procurement officer is naturally drawn to complex problems because there was a rich vein of them through 2024. And theres little to suggest that much will change moving into 2025.

professionals

Sign Up for our Newsletter

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

article thumbnail

Navigating Supply Chain Disruptions During Peak Seasons and Beyond

Supply Chain Brain

Supply chain leaders must look beyond short-term fixes to get them through high-demand seasons.

article thumbnail

Procurement transformation 2025: Why invest in procuretech and how to make the case – Onventis

Spend Matters

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys. Alexandra Arens , Senior Content Marketing Manager at Onventis , shares what their customers are looking for from their digital procurement investment based on the 2024 Procurement Barometer study results

article thumbnail

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.

article thumbnail

10 Best Practices for Streamlining Procurement Contract Management

Procurement Freelancers

Effectively managing contracts for procurement processes has become an important task for companies that want… The post 10 Best Practices for Streamlining Procurement Contract Management first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

5 Procurement Industry Trends to Watch in 2025

Arkestro

Resources / Blog / 5 Procurement Industry Trends to Watch in 2025 5 Procurement Industry Trends to Watch in 2025 In recent years, the procurement industry has undergone unprecedented transformations driven by the adoption of digital transformation, big data, and advanced technology like artificial intelligence (AI), machine learning, and automation.

More Trending

article thumbnail

Purchase Order Controls: Why Managing PO Approvals is a Big Deal

Procurement Express

The way businesses handle purchasing is evolving. Were seeing a shift from outdated, manual processes to streamlined systems that turn procurement into a strategic advantage. And at the heart of this transformation is the purchase order management system. Submitting purchase order documents the old-fashioned way isnt just inefficient. Its risky. Without proper purchase controls, budgets spiral, supplier management suffers, and inventory levels become a guessing game.

article thumbnail

How Strategic Purchasing Reduces Lead Times with Supplier Collaboration

Procurement Freelancers

Keeping a competitive edge in a fast-paced, globalized economy is crucial, and long lead times… The post How Strategic Purchasing Reduces Lead Times with Supplier Collaboration first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

Best of 2024: Magnus Mondays — Navigating the Raw Essentials: A Primer on Direct Materials

CPO Rising

Editors Note: Over the next few weeks on CPO Rising, were publishing some best of 2024 articles as we reflect on the year and prepare for the new year ahead.… The post Best of 2024: Magnus Mondays Navigating the Raw Essentials: A Primer on Direct Materials appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

article thumbnail

Optimizing Shipping and Logistics in the E-commerce Era

Supply Chain Brain

Rising costs and labor shortages are making it harder than ever for retailers to meet customer expectations of on-time and affordable shipping.

Logistics 119
article thumbnail

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.

article thumbnail

Purchase Control Is A Nightmare To Solve – Here’s Why

Procurement Express

Purchase control is one of those things that feels small until its not. Its the foundation for managing company spend, keeping cash flow in check, and making sure your team doesnt spend three days tracking down a single lost receipt. And yet, for a lot of small businesses, its a total mess. Purchasing is about getting the right stuff at the right time from the right suppliers for a fair price without blowing up your budget or your supplier relationships.

article thumbnail

Revolutionizing Service Procurement and Sourcing with AI and Automation

Procurement Freelancers

The procurement industry is not an exception at a time when technology is changing sectors… The post Revolutionizing Service Procurement and Sourcing with AI and Automation first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

Best of 2024: Procurement News — CPO Promotions for 2024

CPO Rising

Editors Note: Over the next few weeks on CPO Rising, were publishing some best of 2024 articles as we reflect on the year and prepare for the new year ahead.… The post Best of 2024: Procurement News CPO Promotions for 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

article thumbnail

AI’s Role in Supplier Collaboration and Information Management

Supply Chain Brain

Artificial intelligence continues to revolutionize buyer-supplier collaboration and information management, offering transformative opportunities to optimize supply chains.

article thumbnail

The Evolving Retailer's Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

article thumbnail

In the Practitioner’s Words: A Practitioner-Provider Relationship Spanning Three Different Companies And Decades

Procurement Insights

Subject: Tony Callahan , VP National Purchasing, Shea Homes ProcureTech Provider: ProPurchaser Summary: ProcureTech Provider: ProPurchaser In the discussion meeting between Tony Callahan and Jon Hansen, Tony shared insights on his extensive experience with ProPurchaser, a platform he has utilized since 2001. He highlighted the tool’s evolution, including its expanded range of commodities, training modules, and improved visibility, contributing to its acceptance within his team.

article thumbnail

AI agents: what they are and how to use them

Pipefy

Artificial intelligence is shaping the future of businesses and redefining how tasks are executed. It provides solutions that not only optimize processes, but also revolutionize how complex tasks are handled. Among the most promising innovations are AI agents, autonomous tools capable of performing tasks intelligently and adaptively. For companies looking to increase efficiency, reduce costs, and prepare for the future, understanding and implementing AI agents is crucial.

Data 52
article thumbnail

The Connected Warehouse: Unified Systems at Scale

Supply Chain Brain

A unified approach to warehouse management can transform and streamline your operations, reduce downtime, lower costs and enhance safety across the board.

article thumbnail

Highway Congestion Creates $109B in Added Costs for Trucking Industry

Supply Chain Brain

The ATRI also found that congestion caused the industry to waste 6.4 billion gallons of diesel fuel, creating more than $32 billion in additional fuel costs.

105
105
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

How Real-Time Location Intelligence Can Mitigate Supply Chain Challenges

Supply Chain Brain

In finished vehicle logistics, p erhaps the most impactful benefit of real-time location intelligence is its ability to modernize legacy processes through automation.

article thumbnail

Watch: How the U.S. Can Cut Its Reliance on China for Critical Minerals

Supply Chain Brain

Pini Althaus, chief executive officer of Cove Capital, explains the ramifications of Chinas recent ban on exports to the U.S. of certain critical materials.

Export 105
article thumbnail

Discussing the AI Advantage in Modern TMS Solutions

Supply Chain Brain

The transportation management landscape is evolving rapidly, and artificial intelligence (AI) is leading the charge in transforming how businesses operate. From streamlining processes to improving decision-making and driving down costs, TMS solutions are revolutionizing supply chains worldwide, but what can AI bring to the table?

article thumbnail

Red Sea Disruptions Cost Egypt $7B in Suez Revenues

Supply Chain Brain

The Suez Canal is a vital source of foreign exchange for the $380 billion Egyptian economy, whose currency slid to a record low in the past month.

article thumbnail

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

article thumbnail

Japan Air Resumes Ticket Sales After Overcoming Cyberattack

Supply Chain Brain

Systems have been restored without any leakage of customer data, and there is no virus damage, the company said.

Data 98
article thumbnail

Panama President Refutes Trump’s Claim of Chinese Meddling in Canal

Supply Chain Brain

Tolls charged for naval ships crossing the canal are based on the amount of water used and the type of ship, Mulino said.

98
article thumbnail

Finland Boards Tanker After Power and Data Cables Go Offline

Supply Chain Brain

12 European countries are demanding checks on proof of insurance from suspected shadow vessels as they pass through the Baltic Sea and the English Channel.

Data 98
article thumbnail

Six Steps for Successful Warehouse Automation Adoption

Supply Chain Brain

Remember, the key to success lies in a worker-first approach to automation. After all, people remain this industrys greatest asset.

99
article thumbnail

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.

article thumbnail

First Supertanker to Be Scrapped in Two Years Is a Dark Ship

Supply Chain Brain

Tighter Western sanctions on shadow vessels have rattled the market, and prompted operators to leave these ships idle at sea.

97
article thumbnail

Integrating EDI and OMS: A Winning Combination for Next-Generation Supply Chains

Supply Chain Brain

When it comes to supply chain optimization, the integration of electronic data interchange and order management systems is crucial to achieving better communications with trading partners.

article thumbnail

Chinese EV Makers Hit EU Wall as Tariffs Add to Import Costs

Supply Chain Brain

Manufacturers such as BYD and SAIC-owned MG accounted for 7.4% of EV registrations across Europe in November, down from 8.2% in October.

Import 98
article thumbnail

Brazil Shuts Down Construction of BYD Factory Over 'Slavery' Conditions

Supply Chain Brain

Brazil's Public Labor Prosecutor's Office said workers were put in a "degrading" environment and had their passports and salaries withheld by a building company.

97
article thumbnail

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?