Spend Matters

AUGUST 9, 2023

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

Agile and Lean Supply Chain 83

Agile and Lean Supply Chain Procurement Suppliers Risk 83

Art of Procurement

AUGUST 10, 2023

Although we talk about ESG programs all the time, they actually haven’t been with us for very long. ESG initiatives. The post The Problem with Performative ESG appeared first on Art of Procurement.

Procurement 98

Procurement Risk management Risk Suppliers 98

Supply Chain Dive

AUGUST 9, 2023

Experts gave tips on economic metrics to watch and how to assess producers’ readiness to nearshore during the live event “Supply Chain Outlook: Trends and Risks To Watch.

Supply chain 98

Supply chain Supply Risk 98

All Things Supply Chain

AUGUST 9, 2023

The global economy relies heavily on the shipping industry, the backbone of international trade. A seamless and efficient supply chain is vital for the movement of goods across continents.

Supply Chain Efficiency 246

Supply Chain Efficiency Supply chain Supply Export 246

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supply chain budgeting

Supply Chain Brain

AUGUST 9, 2023

By identifying and laying down the groundwork for what the future supply chain leader looks like, executives will attract and retain top talent that will bring success.

Supply chain 98

Supply chain Supply 98

Procurement Heads

AUGUST 9, 2023

For the latest of Procurement Heads‘ Futureheads series, Joe spoke to Matt Williment about his procurement career journey. What was it that lead you to pursue a career in Procurement? It was a complete off chance, I did a business degree then when I was at university, I decided to start filtering bits out that I wasn’t as particular in, stuff like; marketing, sales, finance that kind of thing and it left areas like supply chain, logistics and procurement so I thought I would go for that kind o

Sustainability 130

Sustainability Procurement Supplier relationship management Suppliers 130

All Things Supply Chain

AUGUST 11, 2023

GM blames supplier for EV production delay General Motors (GM) CEO Mary Barra disclosed that issues with an automation equipment supplier have caused unforeseen delays in the company’s electric vehicle…

Supply chain 246

Supply chain Suppliers Supply Productive Supply Chain 246

Supply Chain Brain

AUGUST 11, 2023

Under the revised investment rules, automakers will need to commit to producing at least 40% of the content of EVs in Indonesia by 2026 to qualify for incentives.

98

98

Art of Procurement

AUGUST 6, 2023

“Procurement needs to be a friend. They need to have relationships. Without relationships, the price on a piece of paper. The post [Pod] Strengthening Your Corporate Culture to Survive Challenging Economic Times appeared first on Art of Procurement.

Price 98

Price Procurement Spend management Category management 98

Supply Chain Dive

AUGUST 10, 2023

The maker of Sam Adams' overhaul is targeting procurement savings, brewery performance and network optimization.

Supply Chain Optimization 98

Supply Chain Optimization Supply chain Networking Supply 98

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?

Innovation

Let's Talk Supply Chain

AUGUST 7, 2023

In today’s episode of Women In Supply Chain, I’m joined by Holly Pearce, a self-confessed supply chain champion! Holly has over 20 years of industry experience, working at the director level across multiple global organizations. Currently the Director of Logistics for C+D Trojan, she is a transformation champion, seeking to improve supply chain processes and customer experience through continuous improvement, vertical integration, and shared visibility.

Supply chain 98

Supply chain Supply Logistics Supply chain management 98

Supply Chain Brain

AUGUST 10, 2023

As nearshoring gathers momentum, SMBs have an opportunity to shorten their supply chains.

Supply chain 98

Supply chain Supply 98

Spend Matters

AUGUST 8, 2023

Continuing our series of analyst observations on procurement tech market movements, this week we are considering the shift in CPO priorities towards supply-related risks. The recent Deloitte Global Chief Procurement Officer Survey tells us, “CPOs have definitively indicated that risk is here to stay, as evidenced by the greater than 70% in our survey who indicated that procurement-related risk/supply chain disruption has increased in the past 12 months on top of an already elevated baseline.

Risk management 91

Risk management Risk Management supply chain budgeting 91

Supply Chain Dive

AUGUST 10, 2023

Hanon Systems’ fourth U.S. facility will produce automotive thermal solutions for EV makers in North America.

Suppliers 98

Suppliers 98

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.

Supply chain

SCMDOJO

AUGUST 5, 2023

Ensuring the safe material handling of these materials is not just a matter of policy or regulation; it’s the linchpin of efficient warehouse operations and by extension, effective Supply Chain Management. The Importance of Material Handling in Warehouses Material handling is one of the most important warehouse activities. It involves the movement, storage, control, and protection of goods throughout the process of manufacturing, distribution, consumption, and disposal.

Supply Chain Efficiency 90

Supply Chain Efficiency Warehouse operations Real-time Visibility Risk 90

Supply Chain Brain

AUGUST 9, 2023

Ortega’s family office has paid $109 million to acquire the center in Inland Empire, a logistics hub some 60 miles east of Los Angeles.

Logistics 98

Logistics 98

Spend Matters

AUGUST 7, 2023

This Spend Matters Vendor Analysis provides an overview of LeaseAccelerator and its lease lifecycle management solution. LeaseAccelerator’s customers use the solution to manage the lifecycles of real estate and asset leases, for example, through lease accounting and administration. The provider offers a suite of solutions to support this, from the initial ‘lease versus buy’ decision all the way through to the management of real estate procure-to-pay (P2P) strategy.

Management 82

Management Buyers Networking Strategy 82

Supply Chain Dive

AUGUST 8, 2023

Customers diverted about 1 million parcels daily to FedEx, the U.S. Postal Service and other carriers in Q2 amid strike concerns, executives said.

Negotiation 98

Negotiation 98

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

Bidding

IBM Supply Chain Blog

AUGUST 8, 2023

IBM® and Microsoft—the two largest global IT companies—are working together. While many may see IBM and Microsoft as competitors, we are much better partners bringing the best of both companies together to accelerate impact and influence at scale. We provide current and new clients the unique opportunity to take advantage of the combined value from our technology, cloud, and consulting services alongside our ecosystem of partners to meet ever-evolving business needs.

Influencing 75

Influencing Business strategy Strategy Management 75

Supply Chain Brain

AUGUST 9, 2023

The unemployment rate in the U.S. transportation sector rose 0.7 percentage points to 4.9% in July 2022, above the pre-pandemic July 2019 level of 4.2%.

98

98

SCMR (Supply Chain Management Review)

AUGUST 7, 2023

No matter which team you look at — operations, supply chain, logistics, you name it — if you can’t see how you are tracking in real time, you don’t have the data to know whether the prices you’re paying align to the market in a given category.

Supply chain 75

Supply chain Supply Logistics Price 75

Supply Chain Dive

AUGUST 8, 2023

The facility will serve as a hub for Tesla's East Coast vehicle parts distribution starting in October.

98

98

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Supply Chain Optimization

IBM Supply Chain Blog

AUGUST 11, 2023

The rise of digital transformation and the increased popularity of cloud computing helps companies deliver unique services to customers online and leads many organizations to consider themselves as technology companies. And technology budgets are rising commensurate to this new reality. IT spending is expected to increase to $4.6 trillion in 2023, an increase of 5.5% from 2022.

Import 74

Import Management Budget Real-time Visibility 74

Supply Chain Brain

AUGUST 8, 2023

Electric vehicle battery fires are harder to put out because of self-oxidizing lithium salts that can lead them to keep re-igniting.

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98

SCMR (Supply Chain Management Review)

AUGUST 10, 2023

A chief procurement officer offers organizations a specialist focused on managing spend, but not all organizations have such a position.

Chief Procurement Officer 74

Chief Procurement Officer Procurement Management 74

Supply Chain Dive

AUGUST 7, 2023

The company had posted notices in late July it was ceasing operations.

98

98

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.

Supply Chain Optimization

IBM Supply Chain Blog

AUGUST 9, 2023

A phishing simulation is a cybersecurity exercise that tests an organization’s ability to recognize and respond to a phishing attack. A phishing attack is a fraudulent email, text or voice message designed to trick people into downloading malware (such as ransomware ), revealing sensitive information (such as usernames, passwords or credit card details) or sending money to the wrong people.

Real-time Visibility 73

Real-time Visibility Import Risk Data 73

Supply Chain Brain

AUGUST 9, 2023

Supply chain design technologies that identify and quantify risks at the supplier, facility, customer and network levels allow organizations to make better decisions.

Inventory 98

Inventory Networking Supply chain Risk 98

SCMR (Supply Chain Management Review)

AUGUST 8, 2023

From a financial perspective, theft reduction is clearly reflected on a company’s profit and loss statement and balance sheet. What is also needed is a recognition of the value of continuous education and training of managers and staff to combat criminal efforts to disrupt supply chains.

Data 71

Data Supply chain Management Supply 71

Supply Chain Dive

AUGUST 7, 2023

Time is running out for wine and spirits distributors utilizing complex traditional conveyor systems.

Supply chain resilience 98

Supply chain resilience Supply chain Supply 98

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.

Procurement