All Things Supply Chain
APRIL 4, 2024
In today’s rapidly evolving global marketplace, the field of supply chain logistics stands at the forefront of innovation and efficiency, offering a wealth of opportunities for recent college graduates.
ABC of Procurement
APRIL 3, 2024
Do you think air can not influence your COGS (Unless you sell compressed air)? It can, and here is a real example. The post Influence of Air on COGS first appeared on ABC of Procurement.
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Procurement Templates
APRIL 5, 2024
Procurement Route to Market Template Introduction: Provide an overview of the project or requirement. Briefly outline the purpose of procurement. Objectives: Define the specific objectives of the procurement process. Clarify the desired outcomes and deliverables. Scope of Work: Detail the scope of work or services to be procured. Include any technical specifications or requirements.
ProcurePort
APRIL 4, 2024
Businesses are always looking for ways to make their operations more efficient and save money in the fast-paced digital world. One such avenue that has gained significant traction in recent years is electronic procurement, commonly known as e-procurement. E-procurement uses digital tech to streamline the procurement process, from finding suppliers to buying and managing contracts. […] The post Why should I opt for E-procurement?
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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.
Procurement Leaders
APRIL 2, 2024
An exercise we’ve carried out on a few occasions over the years at Procurement Leaders has been to ask chief procurement officers to share the value propositions they have in place for their function. It’s useful because it forces extremely busy people to take a step back and think deeply about why they do what they do. What are the ultimate goals of those negotiations with suppliers?
Art of Procurement
APRIL 4, 2024
China’s role in the global supply chain is changing right before our eyes, leaving foreign buyers to feel the discomfort. The post Even with +1, China is still #1 appeared first on Art of Procurement.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
ProcurePort
APRIL 1, 2024
In today’s fast-paced business environment, maintaining a competitive edge requires innovation and efficiency. Businesses can improve operations by using e-sourcing software for procurement. It is a game-changer in this area. Let’s delve deeper into how e-sourcing software can revolutionize procurement processes and drive bottom-line growth.
Supply Chain Dive
APRIL 1, 2024
The delivery giant will ramp up its activity with the agency after a transition period, eventually moving the majority of its domestic air cargo.
Procurement Bulletin
MARCH 31, 2024
Pain Ahead for Chocolate-Lovers We mentioned this just a couple of weeks ago, but cocoa futures has reached new highs this past week. The shortages in cocoa supply are mainly due to climate and weather events which can severely affect commodity prices such as cocoa. Baltimore Bridge Collapse In an absolutely tragic accident, a Sri Lankan-bound container ship lost power and rammed into the Fraser Scott Key bridge in Baltimore, almost collapsing the entire bridge.
Supply Chain Brain
MARCH 31, 2024
Are global supply chains finally shaking off the after-effects of the pandemic? The latest findings from GEP’s Global Supply Chain Volatility Index suggest that might be the case.
Advertiser: GEP
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.
Procurement Freelancers
APRIL 1, 2024
Good contract management acts as a compass in the maze of freelance work. It guides… The post Essential Freelance Procurement Contract Management Tips first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Dive
APRIL 5, 2024
The island is home to nearly all of the world’s most advanced chip production, making even small delays precarious for semiconductor supply chains.
Spend Matters
APRIL 2, 2024
Over the last several years, a mix of traditional and generative AI (GenAI) have made their way into vendor management solutions and changed how contingent labor and service workers are engaged and managed. This started with the adoption of traditional AI, which is now common to almost every VMS tool that enters the market. GenAI has more recently begun to appear in newer VMS tools through large language Models (LLMs), providing the creation of outputs not seen with traditional AI.
Supply Chain Brain
APRIL 1, 2024
U.S. East Coast ports are modifying their operations to absorb cargo diverted from Baltimore harbor, where salvage specialists are clearing debris from the destroyed Francis Scott Key Bridge.
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
SCMR (Supply Chain Management Review)
APRIL 1, 2024
Top-performing supply chains are investing in AI/ML at twice the rate of lower-performing supply chains, and they are using those investments to drive business momentum, Gartner has found.
Supply Chain Dive
APRIL 5, 2024
Ceva Logistics, AIT Worldwide Logistics are encouraging shippers to maintain open communication and tap real-time visibility tools to keep tabs on diverted shipments.
IBM Supply Chain Blog
APRIL 4, 2024
The popularity of private cloud is growing, primarily driven by the need for greater data security. Across industries like education, retail and government, organizations are choosing private cloud settings to conduct business use cases involving workloads with sensitive information and to comply with data privacy and compliance needs. In a report from Technavio (link resides outside ibm.com), the private cloud services market size is estimated to grow at a CAGR of 26.71% between 2023 and 2028,
Supply Chain Brain
MARCH 31, 2024
Logistics and supply chain professionals are moving away from the short-term survival thinking that characterized the pandemic period.
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.
Spend Matters
APRIL 4, 2024
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.
Supply Chain Dive
APRIL 4, 2024
Executives at an American Apparel & Footwear Association event underscored the need to find alternative sourcing as U.S.-China relations continue to fray.
Procurement Insights
APRIL 5, 2024
The above question is nothing unique except for one thing—it is the perfect example of the power of peer-to-peer social engagement and interaction. It is also the perfect example of how solution providers should pause and listen to become a part of the practitioner dialogue versus trying to control it by pumping out “look at us” information or touting the features, functions, and benefits of their “AI technology.” Over the past 40-plus years, I have been in high-tech and
Supply Chain Brain
MARCH 31, 2024
With e-commerce demand spiking in 2020 and returning to a more level growth pattern in 2023, supply chains need to remain agile. Consumer behavior, technological advancements, environmental concerns, and market dynamics all influence how shippers evaluate process improvements today.
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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.
Spend Matters
APRIL 3, 2024
Artificial intelligence (AI) comes in many different forms (for a complete history of AI in procurement, check out our recently published autoaugmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. This article explores the current state of AI in the intake and orchestration marketspace, including a capabilities overview, a high-level market overview and an introduction to the emerging field o
Supply Chain Dive
APRIL 5, 2024
The Army Corps of Engineers is working to open a temporary channel for auto and farm equipment shipments by the end of April.
IBM Supply Chain Blog
APRIL 1, 2024
Even the best organizations face challenges about the scale and scope of governance and efficient streamlining of their resources across the enterprise. These challenges can lead to a frustrating, fragmented and disjointed developer experience. Meanwhile, different groups of developers within the organization inevitably bring different views about what one centralized code-base and tooling set should look like.
Supply Chain Brain
APRIL 1, 2024
This in-depth training is your gateway to harnessing the power of artificial intelligence, propelling your lead generation strategies, showing industry expertise, becoming a valued authority in the supply chain space, and giving your company the opportunity to be “famous” by being quoted or interviewed in the media.
Advertiser: GEP
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.
Spend Matters
APRIL 4, 2024
This Spend Matters Brand Studio article was written in conjunction with Certa. Compliance and risk management is a growing and interesting use case of GenAI for procurement, finance and, of course, legal operations. The technology opens up a wealth of capabilities not previously possible for the procurement practitioner in terms of data availability, end-to-end visibility, cost, time and risk reduction, and ultimately the overall health of the third-party network.
Supply Chain Dive
APRIL 1, 2024
Disruption is the reality of the modern world. How can you ensure your supply chain handles it without total fallout?
IBM Supply Chain Blog
APRIL 1, 2024
Generative artificial intelligence (GenAI) can be a powerful tool for driving product innovation, if used in the right ways. We’ll discuss select high-impact product use cases that demonstrate the potential of AI to revolutionize the way we develop, market and deliver products to customers. Stacking strong data management, predictive analytics and GenAI is foundational to taking your product organization to the next level. 1.
Supply Chain Brain
MARCH 31, 2024
Even though today’s supply chains are faster and more competitive than ever, warehouse operations managers and stakeholders have settled for outdated and problematic warehouse designs. In fact, many warehouses haven’t changed since their original configurations years ago, even as the demands placed on those warehouses have evolved.
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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.
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