Let's Talk Supply Chain

DECEMBER 23, 2024

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

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Supply chain Procurement Suppliers Collaboration 98

Procurement Leaders

DECEMBER 22, 2024

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.

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Agile and Lean Supply Chain Chief Procurement Officer Consumer demands Procurement strategies 130

Supply Chain Brain

DECEMBER 25, 2024

A proposed rule by FMCSA specifies the roles, responsibilities and obligations of parties in commercial transportation transactions that are arranged by licensed property brokers.

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Spend Matters

DECEMBER 23, 2024

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

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Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 95

Advertiser: ZoomInfo

Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.

Sustainability

Procurement Freelancers

DECEMBER 26, 2024

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.

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Contract management Procurement contracts Contract Management 91

Arkestro

DECEMBER 26, 2024

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.

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Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Procurement Express

DECEMBER 24, 2024

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.

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Purchase orders Purchasing Management Real-time Visibility 52

Procurement Freelancers

DECEMBER 25, 2024

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.

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Sourcing Procurement Supply chain Supply 80

CPO Rising

DECEMBER 27, 2024

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.

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Chief Procurement Officer Procurement Supply management Management 52

Supply Chain Brain

DECEMBER 22, 2024

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

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Logistics 118

Advertiser: GEP

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

Supply chain

Procurement Express

DECEMBER 24, 2024

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.

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Purchasing Purchase orders supply chain budgeting Budget 40

Procurement Freelancers

DECEMBER 23, 2024

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.

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CPO Rising

DECEMBER 23, 2024

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.

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Chief Procurement Officer Supply management Procurement Management 52

Supply Chain Brain

DECEMBER 22, 2024

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

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Management 109

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Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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Procurement Insights

DECEMBER 22, 2024

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.

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Purchasing Strategy Supply chain Supply 52

Pipefy

DECEMBER 21, 2024

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.

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Data Innovation Project management Demand 52

Supply Chain Brain

DECEMBER 23, 2024

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.

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Export 104

Supply Chain Brain

DECEMBER 23, 2024

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.

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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?

Innovation

Supply Chain Brain

DECEMBER 26, 2024

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

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Supply chain Supply Demand 99

Supply Chain Brain

DECEMBER 26, 2024

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.

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Sourcing 98

Supply Chain Brain

DECEMBER 26, 2024

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

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Data 97

Supply Chain Brain

DECEMBER 26, 2024

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

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Advertiser: ZoomInfo

Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.

Buyers

Supply Chain Brain

DECEMBER 23, 2024

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

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Supply chain Logistics Supply 100

Supply Chain Brain

DECEMBER 26, 2024

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.

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Supply Chain Brain

DECEMBER 27, 2024

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

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Supply Chain Brain

DECEMBER 24, 2024

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.

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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.

Supply chain

Supply Chain Brain

DECEMBER 23, 2024

The Teamsters say that they represent more than 10,000 Amazon workers combined across 10 U.S. warehouses and delivery stations.

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Supply Chain Brain

DECEMBER 23, 2024

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.

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Import 95

Supply Chain Brain

DECEMBER 23, 2024

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?

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Supply Chain Brain

DECEMBER 23, 2024

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.

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Supply Chain Optimization Supply chain Supply Data 92

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Supply Chain Optimization