Planergy
JULY 14, 2023
Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend.
Procurement Software
JULY 11, 2023
Finance and Procurement are two functions which should, and must, work more closely together. The sad fact is that we often don’t seem to be natural allies. What’s more, we often end up having a fractious relationship with one another. So, with that in mind, I took to my collective hive mind that is my LinkedIn network and the following question why this is the case, and how we can improve it.
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Art of Procurement
JULY 11, 2023
There’s a savings pendulum that swings, and it tends to swing one way or another. During COVID, a lot of. The post Surviving Economic Challenges: Procurement’s Role in Strategic Spend Management appeared first on Art of Procurement.
All Things Supply Chain
JULY 14, 2023
Rivian EVs deliveries for Amazon surpass 150 million Amazon has revealed that it has successfully delivered over 150 million packages using electric vehicles (EVs) from Rivian.
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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.
Procurement Leaders
JULY 10, 2023
With inflation driving down sales, manufacturers can only push costs up so much and they’re feeling the pinch. While the reflex for many will be to squeeze suppliers, this isn’t the solution. Pressuring suppliers to drop prices only limits the resources with which they can work. This blocks the value that manufacturing brands can draw from these businesses, such as dependable supply and information that prevents risk and attracts opportunities.
Supply Chain Dive
JULY 10, 2023
Some shippers are sending their loads to other LTL carriers over concerns about the company's future, TD Cowen analysts say.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Procurement Heads
JULY 12, 2023
Passionate about digital transformation and innovation, Nick spoke to Procurement Heads’ James Dobbin about his experiences, outlook and drivers. How did your procurement journey begin? Like many in procurement, I didn’t have a lifelong dream that this was what I was going to do with my career, I came out of university and found a role with a local business.
Supply Chain Queen
JULY 9, 2023
When I started my social media journey, I had 113 connections on LinkedIn, and didn’t know what Twitter or Instagram were OR, how to use them. With over 100k followers cross-channel and a thriving podcast, I wanted to pause and send a heartfelt thank you , and a bit about my journey.I felt out of.
Supply Chain Dive
JULY 10, 2023
The food and beverage company is inching closer to its goal of using 100% repurposed, compostable or biodegradable packaging.
Supply Chain Brain
JULY 9, 2023
Until recently, most companies simply haven’t been interested in offering deep supply chain transparency. Now, they are beginning to realize the urgent need to do so.
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?
Procurement Bulletin
JULY 9, 2023
Port Workers Strike Costing $3.7b Already in its fifth day of workers strikes, 7,000 port workers at 30 ports within the province of British Columbia (B.C.) continue to strike for higher wages. The work action is potentially costing $3.7b and disrupting an already fragile supply chain that’s seen a fair share of disruptions over recent years. Speaking of Worker Strikes… Workers for UPS may go on strike if an agreement on wages isn’t agreed upon by July 31st.
Let's Talk Supply Chain
JULY 13, 2023
Welcome back to Blended! It’s episode 34, I’m joined by a brand new panel of inspirational professionals, and, today, we’re talking about seniority in the workplace. Now, seniority is often the goal for many of us on our career journeys, but not everyone makes it – for a variety of different reasons. And when they do make it to the top, there can often be a negative impact on those below and, in turn, on workplace cultures and overall business success.
Supply Chain Dive
JULY 10, 2023
Although overall product availability is improving, air conditioning and heating equipment, switchgears and transformers remain in short supply.
Supply Chain Brain
JULY 9, 2023
Working with your suppliers to address your ESG priorities and execution plans communicates to them the steps they need to take to keep a relationship with you.
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.
Arkestro
JULY 11, 2023
All Case Studies Whitepapers Webinars Videos Press Blog Featured News Dover Chemical Corporation Leverages Arkestro to Streamline Procurement, Increase Cost Efficiency read more Koch Engineered Solutions Achieves Procurement and Supply Chain Success with Arkestro read more In The News Grow CFO: How can CFOs Help Their Procurement Teams Avoid “Anchor Bias”?
Spend Matters
JULY 10, 2023
Part 3 of this Spend Matters PRO Vendor Analysis 2023 update focuses on a deeper overview of each part of Proactis offering for S2P, with a detailed look at each of its modules. We also cap off the series with an analyst summary. This content is for members only. Visit the site and log in/register to read. The post Proactis: Vendor Analysis, 2023 Update (Part 3) — S2P solution process/module details and analyst summary appeared first on Spend Matters.
Supply Chain Dive
JULY 10, 2023
More companies turned to layoffs last month as soft demand pushed manufacturers to cut costs.
Supply Chain Brain
JULY 9, 2023
Eurocontrol described recent protests as a “pre-warning” in a statement and said it was engaging in dialogue with the Union Syndicale Bruxelles to end the possible industrial action.
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 Freelancers
JULY 11, 2023
Outsourcing and in-house sourcing are two popular strategies businesses employ in their operations. While outsourcing… The post The Pros And Cons Of Outsourcing vs. In-House Sourcing first appeared on Procurement Blog | Procurement & Supply Chain News.
Spend Matters
JULY 10, 2023
This Spend Matters Vendor Analysis provides an overview of Proactis and its solution for source-to-pay (S2P). The complexity of S2P with its use of multiple systems to address each aspect it covers, manual processes, data quality issues and process variations can make managing the end-to-end process difficult. Organizations need to invest in technologies that improve visibility and control over the entire S2P process.
Supply Chain Dive
JULY 12, 2023
The 850,000-square-foot hub is located less than a mile from its existing warehouse and will reduce transportation needs.
Supply Chain Brain
JULY 14, 2023
Prior to the deal's announcement, Teamsters voted to authorize a strike had the union’s national contract with TForce expired July 31.
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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.
SCMR (Supply Chain Management Review)
JULY 14, 2023
There will always be some constricting of the market in which the number of suppliers for a specific product are reduced. The rule of supply and demand drives companies to sustain or die. The difference this time is that these companies are now vertically integrated to the point that allows them to control the market.
Spend Matters
JULY 10, 2023
Part 2 of this Spend Matters PRO Vendor Analysis 2023 update focuses on the strengths and weaknesses of Proactis’ S2P solution. We will also look at the elements to consider when looking at SAP Ariba as a potential solution provider. Part 1 of the series provided a history and overview of Proactis’ S2P solution and a company-level SWOT analysis and profiles of competitors.
Supply Chain Dive
JULY 13, 2023
The global air freight rate averaged $2.31 per kilogram last month, according to Clive Data Services.
Supply Chain Brain
JULY 14, 2023
Industry research suggests only 6% of supply chain professionals claim to have full visibility into their supply chain, and only 17% claim to have partial visibility. But why are those numbers so low?
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.
SCMR (Supply Chain Management Review)
JULY 13, 2023
In this webinar, you’ll find out why forward-thinking supply chain leaders are turning to customer service automation to create the conditions necessary to harmonize all the people, processes and technologies that work for and with a business and drive its success.
Spend Matters
JULY 12, 2023
Generative AI is already at the forefront of business processes and long-term plans across many industries. Procurement and source-to-pay are no exceptions, especially contract lifecycle management (CLM). Notably, procurement tech users and legal professionals can now use ChatGPT and similar tools to analyze contract language and even in the clause-writing process itself by drafting some initial language.
Supply Chain Dive
JULY 13, 2023
While the company aims to quell customer concerns as the deadline nears, the union is readying its members for a strike via practice pickets.
Supply Chain Brain
JULY 14, 2023
Smaller operations without the capital to go full speed ahead run the risk of being outpaced by competitors. So where do they begin? This eBook will outline simple, approachable steps to automation—no cutting-edge, complicated tech required.
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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