Red Sea Route Under Siege: Escalating Conflicts Disrupting Global Logistics
All Things Supply Chain
SEPTEMBER 30, 2024
The Red Sea, through which the Suez Canal connects Asia to Europe, has long been a crucial artery for global shipping.
Sat.Sep 28, 2024 - Fri.Oct 04, 2024
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Ten steps to getting Procurement software for your Business
ABC of Procurement
SEPTEMBER 29, 2024
Sooner or later, you will get the Budget to pick the next Procurement software for your Company. How to get the right one? The post Ten steps to getting Procurement software for your Business first appeared on ABC of Procurement.
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Strike at U.S. Ports Brings Debate Over Automation Front and Center
Supply Chain Brain
OCTOBER 1, 2024
Even if the dispute between the ILA and USMX is resolved quickly, the battle over automation at U.S. ports is set to rage on for a good long while to come.
ILA port strike ends through tentative deal
Supply Chain Dive
OCTOBER 3, 2024
The agreement, which extends the parties’ master agreement, comes three days after a strike commenced at East and Gulf Coast ports.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.
Supply Chains as Business in Action
Art of Procurement
OCTOBER 3, 2024
We know supply chains are complex, but to truly understand how complex they are, and how they reached this point, The post Supply Chains as Business in Action appeared first on Art of Procurement.
CPO Crunch: A productive event
Procurement Leaders
OCTOBER 1, 2024
We would all love to be more productive. After all, getting more output from the same, if not fewer, resources is one of the guiding principles of a growth-based strategy. It’s why countless CPOs have told us that it will be a key priority for them next year, and, by extension, it’s why a good proportion of our community activities in 2025 will focus on the productivity conundrum.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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Hurricane Helene: FedEx, UPS and US Postal Service still disrupted
Supply Chain Dive
OCTOBER 4, 2024
Parcel carriers continued to report delivery delays a week after the storm made landfall.
Damage from Hurricane Helene Threatens U.S. Medical Supply Chain
Supply Chain Brain
OCTOBER 2, 2024
Helene is already one of the deadliest mainland storms in the history of the U.S., with more than 100 people killed in the days since it first made landfall.
Procurement 6 – October 4th, 2024
Art of Procurement
OCTOBER 4, 2024
Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – October 4th, 2024 appeared first on Art of Procurement.
Risk is complex — The different types and sources of risk
Spend Matters
OCTOBER 2, 2024
Continuing our series on third-party/supply chain risk management (TPRM/SCRM), here we illustrate the breadth and complexity of risk that organizations today must navigate and manage. We look at how risks and incidents comprise a multitude of types which have origins both inside and outside of the organization and provide a detailed view of different risks and their sources.
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?
Port strike could bring ocean carrier surcharges
Supply Chain Dive
SEPTEMBER 30, 2024
Maersk, CMA CGM, Hapag-Lloyd and other carriers shared contingency plans ahead of a possible work stoppage beginning Oct. 1.
Electrification Is Coming for the Supply Chain — But Not Where You Think
Supply Chain Brain
OCTOBER 3, 2024
El ectrifying heavy trucks seems like an obvious step to take. But even with incentives, the current state of technology isn’t ready for deployment at large scale.
Essential Supply Chain Skills Every Student Should Learn for a Successful Career
SCMDOJO
OCTOBER 3, 2024
In this highly competitive job market, more is needed for students to learn the supply chain theory simply. Due to the quick movement and fast reaction of global logistics, the new generation entering the supply chain industry must learn and master some vital technical and soft skills. Supply chain management begins with products being distributed to raw materials and manufacturing and ends with the finished products moving to customers.
Embracing the Future at Graceland: Insights from the Basware Premier Event
Spend Matters
OCTOBER 1, 2024
During the week of September 9th, I attended the Basware Premier Event in Memphis — a fantastic gathering that delved into several key topics, including touchless invoice processing to accelerate workflows, the importance of ROI assessments and how AI can enhance AP outcomes. A customer panel shared their experiences with processing thousands of invoices and how Basware supported them in improving accuracy.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
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.
Did the ILA strike fully shut down East and Gulf Coast ports? We asked.
Supply Chain Dive
OCTOBER 1, 2024
At least 12 ports were significantly affected on Tuesday, but not all terminals are at a standstill.
Exploding Pagers and Walkie-Talkies Underscore Importance of a Trusted Electronics Supply Chain
Supply Chain Brain
OCTOBER 2, 2024
Building a trusted and secure end-to-end electronics ecosystem and supply chain is a national security priority.
Why was this screenshot an indication of a good ProcureTech demo?
Procurement Insights
OCTOBER 2, 2024
What would be your first thought if this were the opening screen for a demo you were invited to see? How would it set the tone for the rest of the presentation? In the meantime, Michael Lamoureux sent me the following post by Reza Shah Mohammadi with the corresponding video of Steve Jobs. Be sure to watch the Jobs video: Reza Shah Mohammad Post Stop thinking that you can succeed by starting with technology and then figuring out how to market it.
Zoom in on Cyber Risk
Spend Matters
OCTOBER 2, 2024
The interconnected nature of business networks, their systems and their data leaves suppliers and the primary organization open to threats and attacks that broadly fall under the category of supply chain cyber risk. Cyber attacks have only increased in recent years, and even a minor breach can damage a company’s operations, finance and reputation due to how much sensitive information has been digitized.
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
ILA strike begins, disrupting East and Gulf Coast ports
Supply Chain Dive
SEPTEMBER 30, 2024
Without a new port labor deal, the International Longshoremen’s Association instructed its members to halt work after midnight Tuesday.
U.S. Imposes Duties on Solar Panels From Southeast Asia
Supply Chain Brain
OCTOBER 1, 2024
The determination marks an early victory for domestic panel makers, who say cheap imports are harming their operations.
AOP Introducing… SimpliContract
Art of Procurement
OCTOBER 1, 2024
SimpliContract is on a mission to create what its Founder and CEO, Guru Venkatesan, calls a “connected contract experience.” Contract. The post AOP Introducing… SimpliContract appeared first on Art of Procurement.
Being prepared for third-party risk events – Think big, start small, grow fast
Spend Matters
OCTOBER 3, 2024
The appetite for third-party risk management (TPRM) within procurement and the supply chain is keener than ever before — risks are more numerous and complex in what is an increasingly fast-paced and global business environment. (Read our analysis: Risk is complex — The different types and sources of risk.) From chip shortages to geopolitical tensions and pandemics to canal blockages, recent years have highlighted the ever-present vulnerability of global supply chains.
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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.
2024 peak season surcharges: Comparing carrier fees
Supply Chain Dive
OCTOBER 2, 2024
While UPS, FedEx and OnTrac are continuing their annual practice, other delivery providers are declining to add temporary price hikes.
Preparing Supply Chains for an Uncertain Future
Supply Chain Brain
SEPTEMBER 30, 2024
The tools and technologies to create resilient, frictionless supply chains are growing increasingly obtainable, and those who don’t take advantage risk being left behind.
Why Is Free Speech Bad For Procurement?
Procurement Insights
OCTOBER 4, 2024
“Jon, I sometimes get ostracized by my own Procurement community when I make a statement that a lot of the new age procurement tech is still trying to make the “horses run faster”… they are still very much centered around a source to contract and a procure to pay tool. and you can only add enough juice to make the legacy processes run faster, more efficiently.” – “SK” Sanjeev Kumar Roy (October 4th, 2024) The above comment to one of my posts stopped me cold in my tr
How’s your PO management? Start with the basics before moving on to AI
Spend Matters
OCTOBER 1, 2024
This content does not express the views or opinions of Spend Matters Given the persistent economic uncertainty and inflation-induced price increases, reducing purchasing costs remains a priority for most procurement stakeholders in 2024, followed by ensuring supply continuity and combating rising prices. To guarantee that the business receives the necessary goods and services at the best quality-price ratio, procurement professionals strive to streamline purchase order management practices and i
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.
DHL eCommerce boosts North Carolina capacity with facility relocation
Supply Chain Dive
SEPTEMBER 30, 2024
The logistics provider moved a distribution center from Raleigh to Concord, now a 30-minute drive to the Charlotte Douglas International Airport.
Podcast | Automating the Warehouse: Best (and Worst) Practices
Supply Chain Brain
OCTOBER 3, 2024
Automation promises to bring huge rewards to the modern-day warehouse. But doing it right is no simple task.
What’s new in Fraxion: Mobile app features and enhancements
Fraxion
OCTOBER 1, 2024
We’re excited to introduce the latest enhancements to our Mobile app. The new features include purchase order (PO) visibility and downloads, receiving capabilities, and predictive defaults for request line items.
Pivot: Vendor Analysis — Intake and orchestration solution overview, roadmap, competitors, tech selection tips, analyst summary
Spend Matters
SEPTEMBER 28, 2024
This Spend Matters Vendor Analysis provides an overview of Pivot and its solution for intake and orchestration and P2P. Intake management and orchestration solutions are relatively new standalone products; however, the processes have long had fragmented support across the procurement cycle. Intake stands as the initiation into all requests, and orchestration sits above and across… This content is for members only.
How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software
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.
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