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: 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
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 2, 2023
The improvements target challenging facility processes like unloading trailers, sorting small packages and moving irregularly sized shipments.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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.
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.
Supply Chain Dive
OCTOBER 5, 2023
Organizations must define the role of automation in their planning process to support more agile decision-making.
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.
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.
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 5, 2023
The complaint says sellers are cornered into using Fulfillment by Amazon, squeezing out alternative providers. Here’s how.
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.
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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.
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.
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 4, 2023
The improvement suggests delivery providers are entering the peak shipping season in ideal conditions, the company said.
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: 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?
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 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
Sharing demand and capacity forecasts will help provide strong holiday delivery service, Supply Chain Dive panelists said.
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: 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
IBM Supply Chain Blog
OCTOBER 3, 2023
IT is under enormous pressure. The expectation is 24/7/365 performance while also delivering increasingly better customer experiences at the lowest possible cost. The reality is that it’s difficult to keep apps performing as designed, especially in modern, cloud-native environments with microservices and Kubernetes. Cloud costs are out of control, and teams spend too much time fixing instead of innovating.
SCMR (Supply Chain Management Review)
OCTOBER 6, 2023
The struggle to sell the C-suite on S&OP priorities can be a challenge, but Carol Cunningham has found success in doing just that and shared her secrets at the recent ASCM Connect 2023 conference.
Supply Chain Dive
OCTOBER 2, 2023
The year-over-year drop comes as retailers continue drawing down overstocked inventory, according to the seaport.
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.
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.
IBM Supply Chain Blog
OCTOBER 2, 2023
Audi, a renowned German automobile manufacturer, stands proudly as a symbol of luxury, performance and cutting-edge automotive technology. Founded in 1909, Audi has evolved over the years into a global leader in the automotive industry. The brand’s iconic four interlocking rings represent the merger of four independent carmakers in 1932, solidifying Audi’s commitment to excellence and unity.
SCMR (Supply Chain Management Review)
OCTOBER 3, 2023
Register now to stay ahead of the curve and ensure a successful peak season.
Supply Chain Dive
OCTOBER 2, 2023
Preserving economic benefits of trade facilitation and improving national security require partnerships and technology.
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.
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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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