Sat.Sep 28, 2024 - Fri.Oct 04, 2024

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Red Sea Route Under Siege: Escalating Conflicts Disrupting Global Logistics

All Things Supply Chain

The Red Sea, through which the Suez Canal connects Asia to Europe, has long been a crucial artery for global shipping.

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Ten steps to getting Procurement software for your Business

ABC of Procurement

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

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.

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ILA port strike ends through tentative deal

Supply Chain Dive

The agreement, which extends the parties’ master agreement, comes three days after a strike commenced at East and Gulf Coast ports.

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From Rigid To Resilient: Why Enterprises Need Shopify's Modular Commerce Now

Speaker: Benjamin Woll

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Shopify’s modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how Shopify’s composable approach helps modernize commerce stacks while maintaining control over critical systems.

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Supply Chains as Business in Action

Art of Procurement

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.

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CPO Crunch: A productive event

Procurement Leaders

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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Hurricane Helene: FedEx, UPS and US Postal Service still disrupted

Supply Chain Dive

Parcel carriers continued to report delivery delays a week after the storm made landfall.

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Damage from Hurricane Helene Threatens U.S. Medical Supply Chain

Supply Chain Brain

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.

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Risk is complex — The different types and sources of risk

Spend Matters

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.

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Procurement 6 – October 4th, 2024

Art of Procurement

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.

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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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Port strike could bring ocean carrier surcharges

Supply Chain Dive

Maersk, CMA CGM, Hapag-Lloyd and other carriers shared contingency plans ahead of a possible work stoppage beginning Oct. 1.

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Electrification Is Coming for the Supply Chain — But Not Where You Think

Supply Chain Brain

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.

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Embracing the Future at Graceland: Insights from the Basware Premier Event

Spend Matters

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.

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Essential Supply Chain Skills Every Student Should Learn for a Successful Career

SCMDOJO

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.

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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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Did the ILA strike fully shut down East and Gulf Coast ports? We asked.

Supply Chain Dive

At least 12 ports were significantly affected on Tuesday, but not all terminals are at a standstill.

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Exploding Pagers and Walkie-Talkies Underscore Importance of a Trusted Electronics Supply Chain

Supply Chain Brain

Building a trusted and secure end-to-end electronics ecosystem and supply chain is a national security priority.

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Zoom in on Cyber Risk

Spend Matters

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.

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Why was this screenshot an indication of a good ProcureTech demo?

Procurement Insights

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.

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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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ILA strike begins, disrupting East and Gulf Coast ports

Supply Chain Dive

Without a new port labor deal, the International Longshoremen’s Association instructed its members to halt work after midnight Tuesday.

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U.S. Imposes Duties on Solar Panels From Southeast Asia

Supply Chain Brain

The determination marks an early victory for domestic panel makers, who say cheap imports are harming their operations.

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Being prepared for third-party risk events – Think big, start small, grow fast

Spend Matters

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.

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AOP Introducing… SimpliContract

Art of Procurement

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.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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2024 peak season surcharges: Comparing carrier fees

Supply Chain Dive

While UPS, FedEx and OnTrac are continuing their annual practice, other delivery providers are declining to add temporary price hikes.

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Preparing Supply Chains for an Uncertain Future

Supply Chain Brain

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.

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How’s your PO management? Start with the basics before moving on to AI

Spend Matters

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

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Why Is Free Speech Bad For Procurement?

Procurement Insights

“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

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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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DHL eCommerce boosts North Carolina capacity with facility relocation

Supply Chain Dive

The logistics provider moved a distribution center from Raleigh to Concord, now a 30-minute drive to the Charlotte Douglas International Airport.

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Podcast | Automating the Warehouse: Best (and Worst) Practices

Supply Chain Brain

Automation promises to bring huge rewards to the modern-day warehouse. But doing it right is no simple task.

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Pivot: Vendor Analysis — Intake and orchestration solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

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.

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What’s new in Fraxion: Mobile app features and enhancements

Fraxion

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.

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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.