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.
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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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.
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.
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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.
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.
Supply Chain Trend
OCTOBER 4, 2024
AI is infiltrating our personal lives and the workplace, and soon will be everywhere and irreplaceable in everything you do. At home and in the workplace. Developing and cultivating an AI Mindset will become a must for the modern knowledge worker. In a series of short blogs, I will explore three elements of an AI mindset. In this blog, Trust. Granting Trust to AI Within seconds of meeting someone new, we unconsciously identify if we can trust this person.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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.
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.
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.
Supply Chain Dive
OCTOBER 1, 2024
The presidential election, an East Coast port strike and the impact of Hurricane Helene are creating a flurry of challenges for manufacturers this fall.
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.
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.
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.
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.
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.
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
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.
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.
Supply Chain Brain
OCTOBER 1, 2024
The union recently claimed that carriers "are gouging their customers," alleging that it now costs $30,000 to ship a single container. Not so, says freight rate analytics company, Xeneta.
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.
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.
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.
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.
Supply Chain Brain
SEPTEMBER 30, 2024
Discover how TADA's AI-enabled digital twin technology drove $90M in total benefits for a Fortune 500 automotive manufacturer who was struggling with reduced visibility, poor risk management, and significant production disruptions.
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.
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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
Spend Matters
OCTOBER 4, 2024
On September 25, Zip hosted its second annual ‘ Zip Forward ‘ Conference in San Francisco, California. Headlined “forging paths to sustainable success,” the event attracted roughly 400 live attendees and featured Zip’s new branding and the announcement of new features. Zip also hosted panels, Q&A sessions and more with various procurement and finance leaders from Prudential, Pixar, Arm, Coinbase and others.
Supply Chain Brain
OCTOBER 2, 2024
If you can be somewhat flexible with planning and lead time, you can leverage a 3PL’s ability to develop the scale needed for executing retail consolidation programs.
Supply Chain Dive
SEPTEMBER 30, 2024
Chemical and pharmaceutical manufacturers are among those that could be hit hardest, with companies at risk of running out of raw materials within two to six weeks.
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.
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.
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.
Supply Chain Brain
SEPTEMBER 29, 2024
Key industry and government officials are urging U.S. dockworkers and their employers to avoid a strike at East and Gulf coast ports this week.
Supply Chain Dive
OCTOBER 1, 2024
A federal mediator rejected a union request to be released from supervised negotiations as pilots push for better pay and retirement benefits.
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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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