Sat.Nov 23, 2024 - Fri.Nov 29, 2024

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Supply Chain 2025: When Visibility Isn’t enough

All Things Supply Chain

In today’s supply chain landscape, mere supply chain visibility isn’t enough for any business involved. And the reason is quite simple. Visibility alone cannot drive business value.

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A formula for success

Procurement Leaders

A couple of weeks ago, I hosted a call for Procurement Leaders’ CPO community during which the CPO of a major healthcare organisation shared his function’s transformation journey, the lessons learned and its impact. One of the keys to the success of the transformation was that it had a clear purpose and was fully aligned with the organisation’s need to pivot following the impact of Covid, and subsequent earnings and share price underperformance.

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Walking a Mile in Another Supply Chain’s Shoes

Art of Procurement

“The reason I like listening is I think, ‘If I’d have been CPO there or in other organizations, what would. The post Walking a Mile in Another Supply Chain’s Shoes appeared first on Art of Procurement.

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Cultivating an AI Mindset: Growing with AI

Supply Chain Trend

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 core elements of an AI mindset. In this blog; Collaboration.

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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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Key Challenges and Strategies for Retail Success

All Things Supply Chain

With the holidays shopping season approaching, Black Friday is becoming a pivotal event for retailers worldwide.

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Three Steps Manufacturers Need to Take Before Investing in AI

Supply Chain Brain

When used diligently, AI-driven product recommendations and content can also indirectly boost sales by enhancing customer engagement, satisfaction and brand relevance.

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Unlock Your Business’s True Potential with Sourcing Consultants

Procurement Freelancers

In today’s highly competitive global market, firms must develop effective solutions to simplify supply chains… The post Unlock Your Business’s True Potential with Sourcing Consultants first appeared on Procurement Blog | Procurement & Supply Chain News.

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SpendHQ: Vendor Analysis (Part 1) — Spend analytics solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of SpendHQ and its solution for spend analytics and procurement performance management. Part 1 of this vendor analysis provides a detailed overview of each module and includes an analyst summary. In part 2 of this series, we will provide more details on the strengths and opportunities of the solution, review the competitive landscape and provide selection considerations.

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Transforming the Retail Store With AI Agents

Supply Chain Brain

AI agents are intelligent systems that not only can interact with humans using natural language, but can also incorporate vast amounts of data and knowledge to make autonomous decisions.

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Ransomware hits supply chain software firm Blue Yonder ahead of Thanksgiving

Supply Chain Dive

The attack against Blue Yonder led to issues for Morrisons, a U.K.-based grocery chain, in its warehouse management system for fresh food and produce.

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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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How Sourcing Agents Simplify Your Global Supply Chain

Procurement Freelancers

In today’s globalized economy, businesses are constantly seeking ways to reduce costs and find high-quality… The post How Sourcing Agents Simplify Your Global Supply Chain first appeared on Procurement Blog | Procurement & Supply Chain News.

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How spend analytics solutions support risk management

Spend Matters

Spend analytics vendors do what their name implies: they derive insights from spend data. However, that is not all they are capable of doing. Many spend analytics vendors apply that analytical expertise elsewhere, such as contracts, carbon emissions or supplier performance. This results in analytical data not just for those areas but also dashboards and opportunities that use hybrid data (spend + another factor) to help determine KPIs and enterprise goals.

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Price Smart, Act Fast: Agentic AI’s Role in Retail’s Next Chapter

Supply Chain Brain

Understanding what makes an AI agent truly agentic, and integrating these models into their operations will be essential for retailers aiming to stay competitive and agile.

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Macy’s delays full Q3 report over delivery accounting snafu

Supply Chain Dive

Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise decent quarter.

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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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How Supplier Auditors Protect Your Business’s Interests

Procurement Freelancers

In today’s fast-paced global market, dependable suppliers are essential for smooth business operations. But what… The post How Supplier Auditors Protect Your Business’s Interests first appeared on Procurement Blog | Procurement & Supply Chain News.

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SpendHQ: Vendor Analysis (Part 2) — Spend analytics product-level strengths and opportunities, voice of the customer, competitors and market analysis, user considerations, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of SpendHQ’s spend analytics solution. We will also look at the voice of the customer and the elements to consider when looking at SpendHQ as a potential solution provider. Part 1 of the series provided a history and overview of SpendHQ’s spend analytics solution as well as the solution’s roadmap/vision.

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Breaking Free from Legacy EDI Systems: Lessons from Hirschbach’s Migration to Orderful

Supply Chain Brain

Legacy EDI systems can slow growth, strain resources, and leave teams with limited visibility into critical processes. In this webinar, Ivan Ramirez, CTO at Hirschbach, shares how his team reduced onboarding times from 1-2 weeks to just 2-3 weeks by transitioning from a legacy system to Orderful’s modern EDI platform.

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The Campbell’s Company names head of supply chain

Supply Chain Dive

The CPG giant announced company veteran Cassandra Green as its SVP and head of supply chain amid a production overhaul.

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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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Procurement Decentralization 20 Years Later

Procurement Insights

EDITOR’S NOTE: AI, Generative AI, and Agentic AI are not new. They are not an exciting breakthrough, nor are they a competitive edge. Like my teenage daughter’s recent discovery of the Beatles, these “tools” are as great today as they were 20 years ago. However, to succeed, we must finally learn how to use them properly, e.g., using an agent-based versus equation-based development and implementation model.

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Black Friday – Retail Shopping, Supply Chains, and Sales Reminder

CPO Rising

Attention Shoppers! The day after Thanksgiving in the US has long been known as Black Friday, the dark name for what is generally considered the biggest shopping day of the year… The post Black Friday – Retail Shopping, Supply Chains, and Sales Reminder appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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German Steelmaker to Cut 40% of Jobs

Supply Chain Brain

The German steel industry already faces pressure from Asian competitors and high energy prices, but the outlook is worsened by threatened tariffs imported into the U.S. by President-elect Donald.

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Parcel carrier Spee-Dee Delivery opts for no 2025 rate hike

Supply Chain Dive

The Midwest-focused delivery provider won't increase base shipping charges and is eyeing coverage expansion next year.

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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.

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What is the AI, Gen AI, Agentic AI Robot Junkyard?

Procurement Insights

EDITOR’S NOTE: The following is my comment on Andy Akrouche’ ‘s post Unlock the Power of Strategic Relationships. Andy Akrouche MBA, RCCM-I, CSM This is ground zero for ProcureTech implementation success – communication and collaboration! Here is the link to the September Procurement Insights post titled “Can great tech overcome poor communication and collaboration within a company?

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Procurement 6 – November 29th, 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 – November 29th, 2024 appeared first on Art of Procurement.

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Supply Chain Software Company Hit With Ransomware Attack

Supply Chain Brain

It's currently unclear whether the attack impacted Blue Yonder clients in the U.S., including Albertsons, Kroger, Proctor & Gamble and Anheuser-Busch.

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Spot trucking rates climb, offering hope to carriers

Supply Chain Dive

Shippers are still benefiting from a discount in the spot market of 8.7% below contract rates, DAT Group Product Manager Chad Kennedy said.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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What makes a procurement professional a good negotiator?

Procurement Insights

I recently received an invite to an upcoming 30-minute webinar titled “ These 3 Practices Will Boost Your Career: The power of data-driven negotiating.” In this live webinar, Rod Sherkin will describe three Procurement Practices that will drive down purchase costs; strengthen your supply chain; and advance your career by quantifying the value you create.

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Happy Thanksgiving!

CPO Rising

Whether you’re watching parades, football, or the dog show, everyone at Ardent Partners wishes you a safe and Happy Thanksgiving! If you need a laugh, enjoy this clip of the… The post Happy Thanksgiving! appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Sweden Asks Ship Linked to Cable Breaches to Approach Its Waters

Supply Chain Brain

The bulk carrier, Yi Peng 3 , is currently anchored just outside of Denmark’s territorial waters, with vessels from Sweden, Denmark and Germany monitoring it.

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‘Everything is on the table’: Williams-Sonoma preps for tariff hikes

Supply Chain Dive

The home products retailer mapped out a category-by-category plan to reduce sourcing from China, its CFO said in an earnings call.

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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.