Procurement leaders face lack of talent to meet future needs: report
Supply Chain Dive
DECEMBER 14, 2023
The profession has growing needs for data and technology as well as general business skills, according to a recent survey by Gartner.
Supply Chain Dive
DECEMBER 14, 2023
The profession has growing needs for data and technology as well as general business skills, according to a recent survey by Gartner.
Procurement Insights
DECEMBER 13, 2023
EDITOR’S NOTE: Today’s article was inspired by a LinkedIn post by Kate Vitasek. “Value isn’t just about exchange—it’s about creation.” “Through shared goals, you work together, investing in each other’s success and creating value that elevates everyone involved.” – Kate Vitasek The above two statements should resonate far and wide with anyone and everyone, Kate Vitasek , starting with the sales process.
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Una
DECEMBER 11, 2023
Your 2024 Procurement Career Tune-Up As we leap into the shiny unknown of next year, let’s revamp your professional journey and and explore a procurement career tune-up. By Hugo Britt | December 12, 2023 Search Search As we dust off the remnants of 2023 and leap into the shiny unknown of 2024, it’s time to give your procurement career a tune-up.
SCMDOJO
DECEMBER 11, 2023
In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process. From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance.
Advertiser: ZoomInfo
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
IBM Supply Chain Blog
DECEMBER 13, 2023
The role of procurement extends beyond transactional activities. A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations.
All Things Supply Chain
DECEMBER 11, 2023
The US supply chain underwent huge changes as a result of Covid-19 pandemic and it has never fully recovered.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Dive
DECEMBER 13, 2023
Data shows both carriers faced waning package volumes as pricing power shifted in their customers' favor.
ProcurePort
DECEMBER 15, 2023
In the ever-evolving landscape of financial management, precision is paramount. The complexities of modern business demand meticulous processes to ensure accuracy, especially in the realms of procurement and accounting. Two methodologies, 2-Way and 3-Way Matching, have emerged as critical players in this pursuit of financial integrity. This article explains the differences between matching systems and […] The post 2-Way vs. 3-Way Matching: What’s the Difference?
Supply Chain Brain
DECEMBER 14, 2023
Organizations that embrace and invest in vulnerability prioritization and remediation, and utilize an asset-centric approach, will be better positioned to navigate the ever-changing threat landscape.
Spend Matters
DECEMBER 13, 2023
For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.
Speaker: Ethan Woolley, Director at Kharon
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
Supply Chain Dive
DECEMBER 13, 2023
A desire to reduce costs, lead times, political risk and emissions are just some of the reasons behind onshoring, nearshoring and friendshoring decisions.
ProcurePort
DECEMBER 11, 2023
Understanding the Purchase Order Approval Process At its core, a Purchase Order (PO) Approval Process is a structured workflow that organizations follow to authorize and monitor the procurement of goods and services. It typically involves several stages, including the initiation of a purchase request, creation and submission of a purchase order, and final approval from […] The post Maximizing the Advantages of a Purchase Order Approval Process appeared first on ProcurePort Blog.
SCMR (Supply Chain Management Review)
DECEMBER 11, 2023
Companies at the forefront of the circularity shift have begun identifying and investing in the new structures and processes required to replace linear business models. As these new market dynamics develop, industries will be able to go circular at a faster pace.
Supply Chain Brain
DECEMBER 15, 2023
Maersk said December 14 that its vessel, Maersk Gibraltar, was targeted by a missile when traveling from Salalah, Oman to Jeddah, Saudi Arabia.
Advertiser: GEP
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
Supply Chain Dive
DECEMBER 11, 2023
Carriers in ocean, air cargo, rail and trucking are launching new services and tweaking their networks amid evolving global trade flows.
Spend Matters
DECEMBER 15, 2023
For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.
SCMDOJO
DECEMBER 14, 2023
In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do. A sourcing agency is like a helpful guide in the complicated process of getting goods.
Supply Chain Brain
DECEMBER 12, 2023
Supply chain orchestration entails a higher level of digital maturity and connectivity to standardize and integrate internal, partner and third-party contextual data in a real-time, continuous flow.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is evolving fast, and brands relying on rigid, one-size-fits-all solutions risk losing agility. But modernization doesn’t have to mean disruption. In this webinar, we’ll explore how an extensible, modular approach empowers brands to integrate new capabilities, enhance performance, and scale efficiently—all while leveraging Shopify’s strengths.
Supply Chain Dive
DECEMBER 12, 2023
The first round of job cuts at Morgan Olson’s Michigan, Tennessee and Virginia sites will begin Dec. 22.
Spend Matters
DECEMBER 12, 2023
For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.
IBM Supply Chain Blog
DECEMBER 11, 2023
With the rapid advancements in cloud computing, data management and artificial intelligence (AI) , hybrid cloud plays an integral role in next-generation IT infrastructure. Enterprise-level businesses rely on hybrid cloud solutions to run critical workloads from anywhere by combining and unifying on-premises, private cloud and public cloud environments.
Supply Chain Brain
DECEMBER 14, 2023
What does it take to achieve supply chain digitization? And for that matter, what does that even mean?
Advertiser: ZoomInfo
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
Supply Chain Dive
DECEMBER 14, 2023
The country is home to a growing number of factories thanks to its increased use of free trade agreements, tax incentives and competitive labor costs.
Spend Matters
DECEMBER 13, 2023
Along with generative AI, the intake management market has been this year’s primary discussion among procurement practitioners and software providers. Not only has Zip, which productized and popularized intake, reached a $1.5 billion valuation, but an array of intake- and/or orchestration-focused competitors have emerged to address similar use cases.
IBM Supply Chain Blog
DECEMBER 13, 2023
Derived from the Greek words for “hidden writing,” cryptography is the science of obscuring transmitted information so that it may only be read by the intended recipient. The applications of cryptography are endless. From the quotidian end-to-end message authentication on WhatsApp to the practical digital signatures on legal forms or even the CPU-draining ciphers used for mining cryptocurrency , cryptography has become an essential aspect of our digital world and a critical cybersecu
Supply Chain Brain
DECEMBER 13, 2023
Throughout the year, healthcare providers are under tremendous pressure to find cost savings and efficiencies, while maintaining optimal patient care. That pressure only increases during the peak season.
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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.
Supply Chain Dive
DECEMBER 12, 2023
The clothing maker is one of many eyeing the region, but economic and policy barriers could stand in the way of greater investment.
Spend Matters
DECEMBER 11, 2023
Part 2 of this Spend Matters Vendor Analysis 2023 update focuses on the strengths and weaknesses of Tradeshift’s AP Automation solution. We also suggest elements to consider when looking at Tradeshift as a potential solution provider. Part 1 of the series provides a history and overview of Tradeshift´s AP Automation solution, a company-level SWOT analysis and profiles of competitors.
Finale Inventory
DECEMBER 15, 2023
A transfer order arriving at a warehouse. For those managing ecommerce warehouses, optimizing operations is vital for maintaining customer satisfaction and driving profitability. Finale’s transfer orders stand out as an important tool in this initiative. Let’s explore the role of transfer orders, demonstrating how they can significantly streamline your warehouse processes.
Supply Chain Brain
DECEMBER 13, 2023
The mean number of supply chain breaches increased from 3.29 incidents in 2022 to 4.16 incidents in 2023, a 26% rise.
Advertiser: GEP
Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
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