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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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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Trending Sources

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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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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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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.

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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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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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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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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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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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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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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

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.

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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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Maria Villablanca Wants You to Find Your Passion and Your Tribe

Let's Talk Supply Chain

The final days of spring are numbered as we continue hurtling to the halfway point of 2024. How did we get here already? Supply Chain is no stranger to change, challenges, and yes, general chaos, but this year has been its own kind of animal charged by a strained global economy, shifting tensions across continents, and a major presidential election that could have resounding impacts across business and commerce this coming fall.

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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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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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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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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.

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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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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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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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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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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.

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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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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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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 Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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The Process of Reset Planning and What to Consider

Supply Chain Brain

Building structural resilience, and putting the right solution in place to suit your unique brand now will ensure that firms can emerge from a volatile economy and recession stronger.

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Crucial Tips for Maximizing Global Sourcing Services

Procurement Freelancers

Imagine fully utilizing the enormous resources and skills available worldwide for your company. Efficient worldwide… The post Crucial Tips for Maximizing Global Sourcing Services first appeared on Procurement Blog | Procurement & Supply Chain News.

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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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Alibaba.com plans to expand reach of Logistics Marketplace

Supply Chain Dive

The company wants to add origin countries beyond China to the recently launched offering as it looks to gain traction in a crowded market.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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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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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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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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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.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.