ProcurePort
OCTOBER 2, 2023
In today’s rapidly evolving business landscape, procurement professionals are constantly seeking ways to enhance efficiency, reduce costs, and make data-driven decisions. Technology has greatly improved spend analysis in recent years, with Artificial Intelligence leading the way. This article discusses the advantages of using AI for spend analysis in procurement.
Procurement Software
OCTOBER 3, 2023
The topic of supplier consolidation is a popular one, especially across indirect procurement spend. If we take the 80/20 rule, then 80% of the supply base usually accounts for just 20% of an organisation’s total spend. Furthermore, the vast majority of P2P issues and day-to-day firefighting usually comes from this long tail of non-core, non-strategic suppliers.
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Una
OCTOBER 3, 2023
Why Procurement Should Care About UX Insight into why procurement should care about UX and how sourcing can improve the user experience to build its brand and drive value. By Hugo Britt | October 3, 2023 Search Search User Experience (UX) is all about what the user of a product – such as a webpage – experiences when interacting with that product. Companies spend millions designing and constantly refining their online UX because it’s so high-impact.
Spend Matters
OCTOBER 4, 2023
Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.
Advertiser: ZoomInfo
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.
Procurement Insights
OCTOBER 2, 2023
EDITOR’S NOTE: Thanks to James Meads , whose post on LinkedIn inspired my comments below. You have probably seen this from me before, but it is worth a revisit here. In 1998, I developed one of the industry’s first algorithm-driven web-based RA solutions with the generous support of the government’s Scientific Research & Experimental Development Program (SR&ED) for the DND.
Supply Chain Dive
OCTOBER 5, 2023
Organizations must define the role of automation in their planning process to support more agile decision-making.
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
OCTOBER 3, 2023
In part 1 , Ian Nethercot, head of supply chain at IT marketplace and advisory service Probrand talked to us about what challenges his customers are facing in the world of IT buying. He cites a greater need for visibility around supply availability, price and supplier honesty. In part 2 he goes further and addresses how that barrier can be lifted by a digital enabler.
Procurement Freelancers
OCTOBER 5, 2023
In the intricate business world, procurement is crucial to ensuring that a company runs smoothly… The post A Guide to the Key Responsibilities of a Procurement Agent first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Dive
OCTOBER 2, 2023
The improvements target challenging facility processes like unloading trailers, sorting small packages and moving irregularly sized shipments.
Supply Chain Brain
OCTOBER 3, 2023
Importers must start asking the hard questions and take action to mitigate the significant legal, financial, and reputational risks of trading with partners involved with forced labor.
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
Spend Matters
OCTOBER 2, 2023
This third part of our three-part Spend Matters Vendor Analysis 2023 update focuses on a deeper overview of each part of SAP Ariba’s offering for P2P, with a detailed look at each of its modules. We also cap off the series with an analyst summary. The first provides a history and overview of SAP Ariba’s P2P solution and a company-level SWOT analysis and profiles of competitors.
SCMDOJO
OCTOBER 4, 2023
Industrial settings are at high risk of fire through machinery, flammable substances, dust and debris from production processes , electrical hazards, or hot conditions caused by welding, soldering and brazing operations. The need to put in place adequate protection measures is essential, and measures such as fire shutter doors should be considered to reduce the risk of fire spreading and causing more damage.
Supply Chain Dive
OCTOBER 2, 2023
Sharing demand and capacity forecasts will help provide strong holiday delivery service, Supply Chain Dive panelists said.
Supply Chain Brain
OCTOBER 3, 2023
With the omnichannel becoming the standard for fulfillment, decisions on allocation and replenishment become far more complicated than just meeting demand at the store level.
Advertiser: GEP
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
Spend Matters
OCTOBER 2, 2023
This second part of our three-part Spend Matters Vendor Analysis 2023 update focuses on the strengths and weaknesses of SAP Ariba’s P2P solution. This content is for members only. Visit the site and log in/register to read. The post SAP Ariba: Vendor Analysis, 2023 Update (Part 2) — P2P solution strengths and weaknesses, tech selection tips appeared first on Spend Matters.
Procurement Freelancers
OCTOBER 6, 2023
In modern business, every organization aims to minimize costs and operations. Sourcing agents are typically… The post Understanding the Costs Associated with Sourcing Agents first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Dive
OCTOBER 2, 2023
Preserving economic benefits of trade facilitation and improving national security require partnerships and technology.
Supply Chain Brain
OCTOBER 1, 2023
The average shrink rate for the 2022 fiscal year grew to 1.6% from 1.4% in 2021, aligning with shrinkage rates seen in 2020 and 2019.
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.
Spend Matters
OCTOBER 2, 2023
This first part of a three-part Vendor Analysis of SAP Ariba’s P2P offering provides a company background, a high-level overview of the P2P solution, a SWOT analysis and a list of the solution’s competitors. The second part focuses on the solutions strengths and weaknesses and offers selection tips. The third concludes the series with an in-depth look at the P2P solution and an analyst summary.
Procurement Freelancers
OCTOBER 2, 2023
Procurement contract management is a critical part of the sourcing process. It entails supervising the… The post The Top Skills Every Freelance Procurement Contract Manager Should Have first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Dive
OCTOBER 2, 2023
Companies are shifting from layoffs to attrition and hiring freezes to manage headcount, as companies note greater optimism for future growth in the industry.
Supply Chain Brain
OCTOBER 5, 2023
Contrary to popular belief, automation doesn't spell an end to the presence of humans in manufacturing and distribution environments, according to Mark Juelich, president of Industrial Procurement Services.
Advertiser: ZoomInfo
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!
Spend Matters
OCTOBER 3, 2023
We recently spoke with procurement solution providers to discover what their customers are asking of them. In a new series of investigations Spend Matters is speaking with representatives from the world of procurement tech practitioners and consultants to discover the word on the street about the challenges of ‘turning digital.’ What’s causing the low-scale uptake and preventing the elevation of the tech game?
IBM Supply Chain Blog
OCTOBER 4, 2023
At IBM, we believe we can make greater progress together. Our purpose is to be the catalyst that makes the world work better—and our partners are key to this mission. Together with our partners and clients, we work to solve the most complex challenges with AI and hybrid cloud. Last year, we launched our “ Common Grounds ” video series to showcase the value of partnership and how we’re better together.
Supply Chain Dive
OCTOBER 3, 2023
As climate milestones approach, there is still much work to be done in measuring and reducing footprints. Procurement and supply chain teams will play a key role.
Supply Chain Brain
OCTOBER 4, 2023
John Donigian, senior director of product strategy with Moody’s Analytics, discusses the importance of promoting visibility, collaboration and data exchange across the extended supply chain.
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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.
Art of Procurement
OCTOBER 5, 2023
“If all printers were determined not to print anything till they were sure it would offend nobody, there would be. The post Books As a Proxy for Free Thought appeared first on Art of Procurement.
IBM Supply Chain Blog
OCTOBER 3, 2023
If you play fantasy football, you are no stranger to data-driven decision-making. Every week during football season, an estimated 60 million Americans pore over player statistics, point projections and trade proposals, looking for those elusive insights to guide their roster decisions and lead them to victory. But numbers only tell half the story. For the past seven years, ESPN has worked closely with IBM to help tell the whole tale.
Supply Chain Dive
OCTOBER 5, 2023
The complaint says sellers are cornered into using Fulfillment by Amazon, squeezing out alternative providers. Here’s how.
Supply Chain Brain
OCTOBER 5, 2023
Information submitted to the system on new or ongoing supply chain disruptions can be used to better coordinate government resources, reducing backlogs and delays.
Advertiser: GEP
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.
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