ProcurePort
DECEMBER 7, 2023
Efficiency and Accountability Boost: P2P is critical software that automates procurement, reducing mistakes and speeding up decision-making by removing manual inefficiencies. -Real-time visibility, data analytics, and integration with emerging technologies enhance efficiency, cost savings, and financial control, fostering transparency and accountability across procurement operations.
Supply Chain Brain
DECEMBER 6, 2023
C-suite and senior executive leaders have grown to rely on procurement to weigh in on board-level topics — and now they’re craving more insight.
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Una
DECEMBER 5, 2023
Why You Should Hire Older Individuals to Work in Procurement Learn why it makes sense to hire older individuals to work in procurement and take advantage of their talent and experience. By Hugo Britt | December 5, 2023 Search Search In this article, we’ll cover why it makes sense to bring experienced, seasoned individuals into the world of procurement, regardless of the number of candles on their birthday cake.
ProcurePort
DECEMBER 7, 2023
Three-Way Matching Overview – Three-way matching involves comparing purchase orders, invoices, and receiving reports to ensure accuracy in quantities, prices, and terms. – It is a critical financial control mechanism that detects errors, prevents fraud, fosters vendor relationships, ensures regulatory compliance, and contributes to cost control and budgeting.
Advertiser: GEP
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.
Procurement Insights
DECEMBER 7, 2023
EDITOR’S NOTE: Here is an excerpt from my response to a LinkedIn post that was championing the importance of data. Data Management as easy as 1,2,3 Does anyone in this discussion stream believe that eating right, getting regular exercise, and at least 8 hours of sleep AREN’T good for you? I went through the list of the 100 people who reacted to this post, and while there are certainly practitioners, an equal number of providers are giving their thumbs up.
All Things Supply Chain
DECEMBER 4, 2023
The holiday season is here, and businesses are working to provide the best customer experience through optimizing their supply chains.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Dive
DECEMBER 7, 2023
The beverage giant is focused on efficiency in its operations and working with communities, Pepsi’s senior director overseeing water strategy told Supply Chain Dive.
Supply Chain Brain
DECEMBER 4, 2023
With the help of data analysis and intelligent systems, companies are able to more efficiently manage product returns, repairs, recycling and other processes
All Things Supply Chain
DECEMBER 6, 2023
Artificial intelligence (AI) in the workforce has significantly changed several industries. One of the sectors facing a major transformation is supply chain management.
IBM Supply Chain Blog
DECEMBER 8, 2023
Last year, almost 200 million people shopped on Black Friday. Online alone, they spent more than $9 billion. This holiday season, shoppers are ready to shop again and they’re prepared to spend even more. Are your IT systems ready to handle any spikes and keep everyone jolly? Or are you worried that incidents—finicky apps, slow page loads or even downtime— might ruin the holiday spirit along with your bottom line?
Advertiser: ZoomInfo
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.
Supply Chain Dive
DECEMBER 7, 2023
The partnership marks the first national consumer electronics retailer available on the DoorDash marketplace.
Supply Chain Brain
DECEMBER 6, 2023
Ninety-three percent of the workers in the warehousing/storage industry reported they were paid hourly while an additional 12% said they had to take on another job.
SCMR (Supply Chain Management Review)
DECEMBER 5, 2023
Complex digital supply chains spanning multiple countries and continents offer invaluable flexibility and cost efficiencies, but also growing cybersecurity risks.
Procurement Bulletin
DECEMBER 3, 2023
AI Used in EV Battery Tech Research Last week, we wrote about Swedish battery startup, Northvolt, that has reportedly developed an EV battery made of sodium-ion that doesn’t involve in-demand and expensive materials that current batteries require (e.g. lithium-ion batteries). Further to this, the startup is using AI to help in their research and development of new battery technology.
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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.
Supply Chain Dive
DECEMBER 8, 2023
The union's leader gave the delivery giant until Monday to rectify the situation impacting a subset of workers at a package sortation hub.
Supply Chain Brain
DECEMBER 4, 2023
How humans can partner with AI to tackle the pressing societal issue of slavery, for a more resilient and sustainable global supply chain.
SCMR (Supply Chain Management Review)
DECEMBER 7, 2023
Learning these six ingredients for delivering innovation from invention serve as a compass for organizations navigating this dynamic market and striving to maximize return on innovation investment.
Art of Procurement
DECEMBER 7, 2023
On November 7th, a minimum wage increase was announced for ready-made garment factory workers in Bangladesh. The increase took workers. The post Will the world fiddle while Bangladesh burns? appeared first on Art of Procurement.
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?
Supply Chain Dive
DECEMBER 6, 2023
The company said the added fulfillment charges will average $0.15 per unit sold once they take effect next year.
Supply Chain Brain
DECEMBER 6, 2023
Retailers that embark on supply chain transformation are well-positioned to confront challenges and stay competitive in a rapidly changing marketplace.
IBM Supply Chain Blog
DECEMBER 6, 2023
As the adoption of AI and other technologies continues to expand, it will transform how we perform work with the potential to disrupt 83 million jobs globally and create 69 million new roles by 2025, according to the World Economic Forum. Like other groundbreaking technologies before it, the evolution of AI will create opportunities for new industries, new jobs and new approaches to existing ones.
Spend Matters
DECEMBER 5, 2023
Artificial intelligence (AI) has (unsurprisingly) become a bit of a buzzword in the procurement industry, causing Spend Matters to devote an entire page to the question of AI in procurement. The buzz over the general applications of generative AI (GenAI), however, threaten to obscure the other radical (albeit niche) changes that our analyst team has deemed worthy of highlighting among this year’s Future 5.
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 Dive
DECEMBER 4, 2023
WishPost Smart Parcel will allow shippers who don't sell on the e-commerce platform to use its logistics capabilities.
Supply Chain Brain
DECEMBER 5, 2023
Many smaller manufacturers aren’t equipped with the resources necessary to hire supply chain specialists that solely focus on vetting suppliers.
IBM Supply Chain Blog
DECEMBER 7, 2023
The modern pace of data creation is staggering. The average organization produces data constantly—perhaps even continuously—and soon it’s investing in servers to provide ample storage for that information. In time, and probably sooner than expected, the organization accrues more data and outgrows that server, so it invests in multiple servers.
SCMR (Supply Chain Management Review)
DECEMBER 8, 2023
Research has found some correlation between personality traits and distracted driving behaviors. But there is question on whether businesses can use that information to improve employee safety.
Advertiser: ZoomInfo
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.
Supply Chain Dive
DECEMBER 5, 2023
The cloud application will gain four new features in 2024 to support upstream supply chain processes.
Supply Chain Brain
DECEMBER 6, 2023
Only 14% of Gen Zers would consider industrial work as a career, and 26% said they would only take on industrial work as a short-term career.
IBM Supply Chain Blog
DECEMBER 5, 2023
As the retail industry witnesses a shift towards a more digital, on-demand consumer base, AI is becoming the secret weapon for retailers to better understand and cater to this evolving consumer behavior. With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications.
SCMR (Supply Chain Management Review)
DECEMBER 4, 2023
Healthcare supply chains have undergone rapid change as evidenced by some of the top-level findings from Gartner’s upcoming Healthcare Supply Chain Top 25 rankings.
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Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.
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