Sat.May 11, 2024 - Fri.May 17, 2024

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CPO Crunch: The world’s best procurement gathering

Procurement Leaders

Over the course of the coming week, large swathes of the global procurement community will congregate in London to collaborate, challenge, celebrate and learn at the World Procurement Congress. It’s a hugely energising experience – an opportunity to inhale knowledge, grow networks, and challenge our current beliefs, approaches and trajectories. This year’s agenda is world-class in every sense, featuring a diverse group of speakers – from a who’s who of the global CPO community to four-time Olymp

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How supply chains used FLOW after the Baltimore bridge collapse

Supply Chain Dive

C.H. Robinson, ITS Logistics, Home Depot and IMC Companies shared insights on the federal data-sharing platform designed to improve visibility of disruptions.

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Energy Conservation and Environmental Regulations in Warehousing

All Things Supply Chain

Warehousing is an essential part of modern supply chain management, serving as a pivotal hub for storage, sorting and distributing goods.

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Outpacing Disruption by Regionalizing Supply Chains

Supply Chain Brain

Gartner predicts that by 2028, 70% of companies will adopt regionally diversified supply chain models to improve network resiliency in the face of ongoing global disruptions.

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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.

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How rethinking RFPs has enabled an energy firm to harness new sources of innovation

Procurement Leaders

Challenge With global energy demand on the rise and fossil fuels continuing to make up most of the world’s power consumption, cutting emissions in the energy sector represents a formidable task. What’s more, the pathways for companies to reach net-zero are not necessarily clear. The scale and complexity of the challenge is such that businesses are looking far and wide for answers to it.

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UPS and FedEx battle over small business customers while Amazon looms

Supply Chain Dive

The delivery rivals are fighting to gain share in the lucrative volume segment as their relationships with larger shippers evolve.

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The Role of AI in Logistics: Getting Beyond Hope and Hype

Supply Chain Brain

The actual experience of many logistics and other business executives suggests that artificial intelligence remains more a subject of hope and hype than a practical tool in everyday use.

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Achieving cloud excellence and efficiency with cloud maturity models

IBM Supply Chain Blog

Business leaders worldwide are asking their teams the same question: “Are we using the cloud effectively?” This quandary often comes with an accompanying worry: “Are we spending too much money on cloud computing?” Given the statistics—82% of surveyed respondents in a 2023 Statista study cited managing cloud spend as a significant challenge—it’s a legitimate concern.

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USPS plans 25% average price hike for Parcel Select shippers

Supply Chain Dive

The ground delivery offering has been the target of controversial changes that would impact key shipping partners like DHL eCommerce and Pitney Bowes.

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Intake for the practitioner: How intake cuts to the point

Spend Matters

Solutions that cover intake management and procurement orchestration have evolved from being niche or a novelty to being players in a competitive market. The former, as our analysts have written , “use interactive inquiries to understand needs, triage requests, determine the needed guidance and ultimately solve the problem through interactive and integrated workflows,” and the latter is “more focused on orchestrating end-to-end business processes across domain-specific business applications with

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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.

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Accelerating Warehouse Automation in the Logistics Industry

Supply Chain Brain

The rise of digitization is making warehouse processes more efficient, by automating tasks and giving employees time to focus on more complex duties.

Logistics 119
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How AI Will Transform Project Delivery in Advanced Manufacturing

The Network Effect

How generative AI will disrupt and project delivery in advanced manufacturing and maximize the value across product design, maintenance.

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Shippers, forwarders jump on air cargo peak season planning

Supply Chain Dive

The race to secure market share is driven by looming e-commerce demand and upheaval to rate changes sparked by conflict in the Red Sea.

Demand 119
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Corcentric Platform: Vendor Analysis (Part 2) — S2P product level strengths and opportunities, competitors and market analysis, user considerations, voice of the customer, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Corcentric Platform’s source-to-pay (S2P) solution. It also looks at customer reviews and the elements to consider when looking at Corcentric Platform as a potential solution provider. Part 1 of the series provides a history and overview of Corcentric Platform’s S2P solution and the solution’s roadmap/vision.

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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.

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Unions for Migrant Indonesian, Taiwanese Fishers Push for Humane Working Conditions

Supply Chain Brain

Unions are demanding fair wages, collective bargaining agreements, access to Wi-Fi, and a dedicated system to handle grievances without fear of retaliation.

Demand 116
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How Certified Procurement Professionals Drive Business Success

Procurement Freelancers

Although every step matters in the contemporary business world, specific actions set leaders apart. Certified… The post How Certified Procurement Professionals Drive Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.

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Walmart confirms hundreds of coporate layoffs

Supply Chain Dive

The retailer also said “the majority” of remote workers and those at offices in Dallas, Atlanta and Toronto, must relocate — mostly to its Arkansas headquarters.

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Corcentric Platform: Vendor Analysis (Part 1) — S2P solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Corcentric Platform and its source-to-pay (S2P) solution. In the ever-evolving landscape of business operations, organizations are constantly seeking ways to enhance efficiency, reduce costs and streamline their processes. For procurement professionals, the one-stop-shop offered by source-to-pay (S2P) solutions can be invaluable.

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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?

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Geopolitical Risks Cause Companies to Weigh Relocating Supply Chains

Supply Chain Brain

Allianz estimates that global trade will increase by 2.8% in 2024 — below the average of 5% — blaming that on disruptions brought on by the Red Sea crisis.

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Empathy is Not a Soft Skill

Art of Procurement

“The first casualty of war is truth—the second is empathy. Empathy has to call for backup. The backup is in. The post Empathy is Not a Soft Skill appeared first on Art of Procurement.

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DHL Supply Chain names new CEO of North America

Supply Chain Dive

Patrick Kelleher currently serves as global chief development officer, with his new role starting in July.

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Supply Chain Network Design & Optimization: Steps, Guide, and Efforts

SCMDOJO

Supply chain design and optimization projects present significant challenges, ranging from complex network structures, and multiple databases to diverse business objectives. Drawing from hands-on experience gained at leading organizations, I’ve compiled a comprehensive document to assist professionals in this industry. Introduction In today’s fast-paced and competitive business landscape, the optimization of supply chain networks is critical for enhancing operational efficiency.

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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

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The Journey to Net-Zero: A New Approach for the Chemicals Industry

Supply Chain Brain

The chemicals industry, which contributes trillions of dollars to the global economy every year, is undergoing a significant transformation due to recent social and political trends.

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Scaling generative AI with flexible model choices

IBM Supply Chain Blog

This blog series demystifies enterprise generative AI (gen AI) for business and technology leaders. It provides simple frameworks and guiding principles for your transformative artificial intelligence (AI) journey. In the previous blog , we discussed the differentiated approach by IBM to delivering enterprise-grade models. In this blog, we delve into why foundation model choices matter and how they empower businesses to scale gen AI with confidence.

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Chipotle leverages RFID technology, increases overall visibility

Supply Chain Dive

Executive Carlos Londono spoke to Supply Chain Dive about the company’s operations and its efforts to bring the technology to all of its 3,500 restaurants.

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What to Expect When Hiring a Sourcing Consultant

Procurement Freelancers

For many companies, employing a procurement agent can make all the difference in terms of… The post What to Expect When Hiring a Sourcing Consultant first appeared on Procurement Blog | Procurement & Supply Chain News.

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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.

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Expanding Automation Beyond Robotics: Five Ways To Drive Supply Chain Success

Supply Chain Brain

While supply chain automation often begins in the warehouse, it can extend beyond to transportation management, fulfillment and returns, and even customer-facing locations.

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Episode 165: Making Mentorship Possible at Scale with Jason Edmonds

Una

EPISODE 165 Making Mentorship Possible at Scale with Jason Edmonds By Kelly Barner | May 15, 2024 Mentors have the opportunity to provide valuable, trusted advice to the individuals they work with, but those relationships are often formed haphazardly. One team of entrepreneurs is working to pair ascending college students with recent graduates who can mentor them through the college selection process.

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East and Gulf Coast port labor negotiations to start soon

Supply Chain Dive

Both sides aim to land a new contract before the current deal expires Sept. 30, but strike concerns have shippers mulling mitigation plans.

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The CFO’s role in the age of generative AI

IBM Supply Chain Blog

CFOs are the stewards of investment capital, orchestrating a movement with transformative technology and innovation to evolve businesses, accelerate revenue streams and drive meaningful outcomes. The current business environment has CFOs facing headwinds for decision-making in less-than-ideal conditions with rapidly shifting regulations, tedious reporting standards, ESG requirements and inflationary pressures; however, the need for growth and profit expansion remains, and as CEOs look for ways t

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

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.