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 121

Procurement Data 121

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.

Contract 89

Contract Networking 89

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.

Procurement 52

Procurement Agile and Lean Supply Chain Leadership Negotiation 52

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.

Supply Chain Efficiency 18

Supply Chain Efficiency Purchase orders Procurement Bidding 18

Advertiser: GEP

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

Category management

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.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

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.

Supply Chain Efficiency 264

Supply Chain Efficiency Supply chain Supply Supply chain management 264

Supply Chain Dive

DECEMBER 13, 2023

Data shows both carriers faced waning package volumes as pricing power shifted in their customers' favor.

Price 132

Price Data 132

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?

Demand 130

Demand Procurement Management 130

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.

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121

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.

Strategy 112

Strategy 112

Advertiser: ZoomInfo

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

Data

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.

Logistics 127

Logistics Supply chain Networking Supply 127

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.

Purchase orders 130

Purchase orders Purchasing Procurement 130

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.

111

111

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.

Real-time Visibility 101

Real-time Visibility Data Strategy Networking 101

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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 budgeting

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.

supply chain budgeting 124

supply chain budgeting Supply chain Risk Supply 124

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.

Warehouse operations 98

Warehouse operations Supply Chain Efficiency Real-time Visibility Inventory 98

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.

Management 111

Management Supply chain Data Supply 111

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

Data 99

Data Networking Management Risk 99

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

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.

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123

Procurement Bulletin

DECEMBER 10, 2023

Raw Materials Trade Tifts Hit EV Production Again As the world slowly migrates to electrifying vehicles, the fight for the raw materials for producing EV vehicles continues: China, the leading graphite producer, implemented new restrictions on the export of graphite. China’s graphite exports account for a third of the U.S. graphite supply and no doubt the restrictions are just another move to counter the U.S.’s trade restrictions going the other way.

Raw materials 96

Raw materials Export Supply chain Supply 96

Supply Chain Brain

DECEMBER 14, 2023

What does it take to achieve supply chain digitization? And for that matter, what does that even mean?

Supply chain 105

Supply chain Collaboration Supply 105

SCMR (Supply Chain Management Review)

DECEMBER 15, 2023

Given where spot market prices are at and demand for services holding steady, slow attrition of capacity should help stave off further downward pressure on rates, says Michigan State’s Jason Miller.

Price 93

Price Demand 93

Advertiser: GEP

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

Supply chain

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.

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121

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.

Procurement solutions 89

Procurement solutions Procurement Agile and Lean Supply Chain Contract 89

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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105

SCMR (Supply Chain Management Review)

DECEMBER 13, 2023

By applying a strategic procurement framework that considers both a freight lane's macro-market and micro-shipper characteristics, shippers can leverage a wider portfolio of relationships that improve their overall routing guide performance while reducing the required effort.

Strategy 91

Strategy Procurement 91

Advertiser: ZoomInfo

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

Buyers

Supply Chain Dive

DECEMBER 14, 2023

The Grocery, Farm, and Food Worker Stabilization Act would help cover “disaster-related costs” for farm, grocery and meatpacking workers.

Supply chain 118

Supply chain Supply 118

Arkestro

DECEMBER 12, 2023

Artificial intelligence could improve the parts purchasing process, making it quicker and more efficient for suppliers for many industries—from automakers to chemical companies, who are still grappling with supply chain shortages. AI can improve parts purchasing in several ways.

Purchasing 88

Purchasing Supply Chain Optimization Supply Chain Efficiency Supply chain 88

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.

Supply chain 105

Supply chain Supply 105

SCMR (Supply Chain Management Review)

DECEMBER 12, 2023

Following the spinoff of J&J’s consumer brands, Kathy Wengel is strengthening the pharma and med device business’s core technical operations and building a framework for risk management.

Risk management 90

Risk management Risk Management 90

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Supply Chain Optimization